About Incredible Industries Limited
Data last updated: 10 June 2026
Incredible Industries Limited is a public limited company based in Kolkata, West Bengal, India. It specialises in wind energy solutions, a part of the broader environmental services sector. Incorporated on 23 August 1979, the company has been in operation for over 47 years.
Registered with ROC Kolkata under CIN L65921WB1979PLC032200. Listed on BSE: 538365 and NSE: ADHUNIKIND.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹46.76 Cr. Formerly known as Iconic Industries Limited and Orcaid Trading & Investment Company Limited. It is led by directors including Sonam Agarwal and Shilpi Modi.
Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: 14 N S Road 2Nd Floor, Kolkata, West Bengal, India – 700001.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹840.3 Cr, a growth of 11.13% compared to the previous year. The net worth stands at ₹157.12 Cr (up 8.17% YoY). Total assets are valued at ₹221.47 Cr (up 14.12% YoY).
As per MCA filings, the company has open charges of ₹290.46 Cr and satisfied charges of ₹606.57 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adhunikindustries.com.
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Registered Address14 N S Road 2Nd Floor, Kolkata, West Bengal, India – 700001
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IndustryEnvironment, Wind Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Incredible Industries Limited
Incredible Industries Limited has undergone 8 name changes throughout its history. The current legal name is Incredible Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Incredible Industries Limited | Current |
| Iconic Industries Limited | Previous |
| Orcaid Trading & Investment Company Limited | Previous |
| Dhansari Plantation & Marketing Li Mited | Previous |
| Orcuid Trading & Investment Company Limited | Previous |
| Orhid Trading & Investment Company Limited | Previous |
| Bhagwati Resources Limited | Previous |
| Adhunik Industries Limited | Previous |
CIN History of Incredible Industries Limited
Incredible Industries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27100WB1979PLC032200, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100WB1979PLC032200 | Current |
| L65921WB1979PLC032200 | Previous |
| U65921WB1979PLC032200 | Previous |
Business Activity of Incredible Industries Limited
Incredible Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Incredible Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Incredible Industries Limited
Incredible Industries Limited is audited by R. Gopal & Associates (ICAI peer reviewed, certificate valid till 2027-04-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| R. Gopal & Associates (ICAI peer reviewed, certificate valid till 2027-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Incredible Industries Limited
Incredible Industries Limited is currently managed by 6 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sonam Agarwal
Also directs:
Adhunik Corporation Limited
|
Director | 12 Feb 2018 | 8 Years 5 Months | Current |
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Shilpi Modi
Also directs:
Adhunik Corporation Limited
|
Director | 06 Dec 2018 | 7 Years 7 Months | Current |
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Sanjay Kaloya
Also directs:
Adhunik Corporation Limited
|
Director | 24 Mar 2021 | 5 Years 3 Months | Current |
|
Rama Shankar Gupta
Also directs:
Adhunik Corporation Limited
|
Managing Director | 15 Jul 2019 | 7 Years 0 Months | Current |
| Raj Prakash Verma | Director | 14 Nov 2025 | 0 Years 8 Months | Current |
| Deepak Kumar Agarwalla | Director | 02 Sep 2024 | 1 Years 10 Months | Current |
Financials of Incredible Industries Limited FY 2026 filings available
Incredible Industries Limited reported revenue of ₹840.3 Cr (up 11.13% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹840.3 Cr | ₹756.14 Cr | ₹818.16 Cr | ₹740.61 Cr | ₹535.67 Cr | ₹493.94 Cr | ₹501.93 Cr |
| Other Income | ₹1.45 Cr | ₹76.6 Lakh | ₹2.19 Cr | ₹41.13 Lakh | ₹48.33 Lakh | ₹37.93 Lakh | ₹14.08 Lakh |
| Total Income | ₹841.74 Cr | ₹756.91 Cr | ₹820.35 Cr | ₹741.02 Cr | ₹536.16 Cr | ₹494.32 Cr | ₹502.07 Cr |
| Cost of Materials Consumed | ₹762.53 Cr | ₹711.55 Cr | ₹762.53 Cr | ₹696.24 Cr | ₹487.52 Cr | ₹426.76 Cr | ₹447.85 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹9.76 Cr | -₹16.4 Cr | -₹77.86 Lakh | -₹7.68 Cr | -₹90.46 Lakh | ₹10.44 Cr | ₹1.34 Cr |
| Employee Benefit Expense | ₹9.93 Cr | ₹8.78 Cr | ₹7.93 Cr | ₹7.36 Cr | ₹6.85 Cr | ₹6.53 Cr | ₹6.16 Cr |
| Finance Costs | ₹2.54 Cr | ₹3.48 Cr | ₹5.91 Cr | ₹5.38 Cr | ₹5.66 Cr | ₹4.28 Cr | ₹4.95 Cr |
| Depreciation & Amortisation | ₹5.02 Cr | ₹5.36 Cr | ₹5.66 Cr | ₹5.64 Cr | ₹5.61 Cr | ₹5.72 Cr | ₹5.69 Cr |
| Other Expenses | ₹35.36 Cr | ₹30.9 Cr | ₹29.12 Cr | ₹26.94 Cr | ₹25.51 Cr | ₹35.11 Cr | ₹34.75 Cr |
| Total Expenses | ₹825.13 Cr | ₹743.68 Cr | ₹810.38 Cr | ₹733.88 Cr | ₹530.24 Cr | ₹488.83 Cr | ₹500.75 Cr |
| Profit Before Exceptional Items & Tax | ₹16.61 Cr | ₹13.23 Cr | ₹9.97 Cr | ₹7.14 Cr | ₹5.92 Cr | ₹5.49 Cr | ₹1.32 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹16.61 Cr | ₹13.23 Cr | ₹9.97 Cr | ₹7.14 Cr | ₹5.92 Cr | ₹5.49 Cr | ₹1.32 Cr |
| Total Tax Expense | ₹5.1 Cr | ₹74.73 Lakh | ₹4 Cr | ₹2.23 Cr | ₹2.36 Cr | ₹1.86 Cr | ₹31.11 Lakh |
| Net Profit | ₹11.52 Cr | ₹12.49 Cr | ₹5.97 Cr | ₹4.91 Cr | ₹3.56 Cr | ₹3.63 Cr | ₹1.01 Cr |
| Other Comprehensive Income | ₹35.01 Lakh | ₹15.68 Lakh | ₹88,000 | -₹30,000 | ₹4.12 Lakh | ₹2.28 Lakh | ₹3.54 Lakh |
| Total Comprehensive Income | ₹11.87 Cr | ₹12.64 Cr | ₹5.98 Cr | ₹4.9 Cr | ₹3.6 Cr | ₹3.65 Cr | ₹1.04 Cr |
| EBITDA (computed) | ₹24.17 Cr | ₹22.08 Cr | ₹21.54 Cr | ₹18.16 Cr | ₹17.19 Cr | ₹15.48 Cr | ₹11.97 Cr |
| Basic EPS | ₹2.54 | ₹2.70 | ₹1.28 | ₹1.05 | ₹0.77 | ₹0.78 | ₹0.22 |
| Diluted EPS | ₹2.54 | ₹2.70 | ₹1.28 | ₹1.05 | ₹0.77 | ₹0.78 | ₹0.22 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹221.47 Cr | ₹194.06 Cr | ₹210.04 Cr | ₹209.26 Cr |
| Non-current Assets | ₹77.5 Cr | ₹50.39 Cr | ₹43.64 Cr | ₹43.97 Cr |
| Current Assets | ₹143.97 Cr | ₹143.67 Cr | ₹166.4 Cr | ₹165.29 Cr |
| Property, Plant & Equipment | ₹26.24 Cr | ₹32.3 Cr | ₹37.74 Cr | ₹43.19 Cr |
| Inventories | ₹50.8 Cr | ₹54.65 Cr | ₹52.4 Cr | ₹51.35 Cr |
| Trade Receivables | ₹32.01 Cr | ₹42.35 Cr | ₹44.01 Cr | ₹27.26 Cr |
| Cash & Equivalents | ₹8.32 Lakh | ₹18.18 Cr | ₹7.6 Cr | ₹67.41 Lakh |
| Equity (Net Worth) | ₹157.12 Cr | ₹145.25 Cr | ₹132.61 Cr | ₹126.63 Cr |
| Equity Share Capital | ₹46.76 Cr | ₹46.76 Cr | ₹46.76 Cr | ₹46.76 Cr |
| Borrowings (Non-current) | ₹13.49 Cr | ₹0 | ₹3.26 Cr | ₹10.53 Cr |
| Borrowings (Current) | ₹19.49 Cr | ₹19.5 Cr | ₹32.68 Cr | ₹29.86 Cr |
| Total Debt (computed) | ₹32.98 Cr | ₹19.5 Cr | ₹35.94 Cr | ₹40.39 Cr |
| Current Liabilities | ₹42.27 Cr | ₹43.54 Cr | ₹64.52 Cr | ₹60.08 Cr |
| Total Liabilities | ₹64.35 Cr | ₹48.81 Cr | ₹77.43 Cr | ₹82.63 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹9.62 Cr | ₹37.35 Cr | ₹23.83 Cr | ₹10.41 Cr | ₹19.61 Cr |
| Investing Cash Flow | -₹36.26 Cr | -₹4.45 Cr | -₹4.14 Cr | -₹2.58 Cr | -₹10.87 Cr |
| Financing Cash Flow | ₹8.54 Cr | -₹22.32 Cr | -₹12.76 Cr | -₹7.15 Cr | -₹8.91 Cr |
| Capital Expenditure | ₹22.93 Cr | ₹6 Cr | ₹5.33 Cr | ₹2.5 Cr | ₹9.7 Cr |
| Free Cash Flow (computed) | -₹13.31 Cr | ₹31.34 Cr | ₹18.5 Cr | ₹7.91 Cr | ₹9.91 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹18.09 Cr | ₹10.58 Cr | ₹6.92 Cr | ₹67.19 Lakh | -₹16.2 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹219.43 Cr | ₹188.98 Cr | ₹212.13 Cr | ₹219.76 Cr | ₹230.22 Cr | ₹161.87 Cr | ₹181.17 Cr | ₹182.89 Cr | ₹222.35 Cr | ₹158.66 Cr | ₹208.96 Cr | ₹228.18 Cr |
| Other Income | ₹35.55 Lakh | ₹71.14 Lakh | ₹30.44 Lakh | ₹7.44 Lakh | ₹7.18 Lakh | ₹48.47 Lakh | ₹10.34 Lakh | ₹10.61 Lakh | ₹9.79 Lakh | ₹55.21 Lakh | ₹25.72 Lakh | ₹1.28 Cr |
| Total Income | ₹219.79 Cr | ₹189.69 Cr | ₹212.44 Cr | ₹219.83 Cr | ₹230.29 Cr | ₹162.35 Cr | ₹181.27 Cr | ₹182.99 Cr | ₹222.45 Cr | ₹159.22 Cr | ₹209.22 Cr | ₹229.47 Cr |
| Cost of Materials Consumed | ₹207.39 Cr | ₹176.78 Cr | ₹185.5 Cr | ₹192.86 Cr | ₹209.41 Cr | ₹155.45 Cr | ₹165.14 Cr | ₹181.55 Cr | ₹175.18 Cr | ₹162.28 Cr | ₹196.63 Cr | ₹228.44 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹82.17 Lakh | -₹8.67 Cr | ₹10.71 Cr | ₹8.55 Cr | ₹4.24 Cr | -₹5.31 Cr | -₹3.98 Cr | -₹11.35 Cr | ₹29.46 Cr | -₹16.2 Cr | ₹1.36 Cr | -₹15.4 Cr |
| Employee Benefit Expense | ₹2.48 Cr | ₹2.47 Cr | ₹2.68 Cr | ₹2.31 Cr | ₹2.75 Cr | ₹1.98 Cr | ₹2.12 Cr | ₹1.93 Cr | ₹2.03 Cr | ₹2.08 Cr | ₹1.94 Cr | ₹1.88 Cr |
| Finance Costs | ₹87.73 Lakh | ₹54.81 Lakh | ₹70.15 Lakh | ₹41.18 Lakh | ₹80.52 Lakh | ₹74.17 Lakh | ₹81.84 Lakh | ₹1.11 Cr | ₹1.17 Cr | ₹1.5 Cr | ₹1.66 Cr | ₹1.58 Cr |
| Depreciation & Amortisation | ₹1.34 Cr | ₹1.19 Cr | ₹1.24 Cr | ₹1.24 Cr | ₹1.33 Cr | ₹1.34 Cr | ₹1.34 Cr | ₹1.34 Cr | ₹1.41 Cr | ₹1.42 Cr | ₹1.42 Cr | ₹1.41 Cr |
| Other Expenses | ₹2.2 Cr | ₹14.22 Cr | ₹9.42 Cr | ₹9.51 Cr | ₹4.38 Cr | ₹6.02 Cr | ₹14.8 Cr | ₹5.69 Cr | ₹8.02 Cr | ₹6.12 Cr | ₹5.81 Cr | ₹9.17 Cr |
| Total Expenses | ₹213.47 Cr | ₹186.54 Cr | ₹210.25 Cr | ₹214.88 Cr | ₹222.92 Cr | ₹160.23 Cr | ₹180.25 Cr | ₹180.28 Cr | ₹217.28 Cr | ₹157.21 Cr | ₹208.81 Cr | ₹227.08 Cr |
| Profit Before Exceptional Items & Tax | ₹6.32 Cr | ₹3.15 Cr | ₹2.19 Cr | ₹4.95 Cr | ₹7.37 Cr | ₹2.12 Cr | ₹1.02 Cr | ₹2.72 Cr | ₹5.17 Cr | ₹2.01 Cr | ₹40.65 Lakh | ₹2.38 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹6.32 Cr | ₹3.15 Cr | ₹2.19 Cr | ₹4.95 Cr | ₹7.37 Cr | ₹2.12 Cr | ₹1.02 Cr | ₹2.72 Cr | ₹5.17 Cr | ₹2.01 Cr | ₹40.65 Lakh | ₹2.38 Cr |
| Total Tax Expense | ₹1.8 Cr | ₹1.36 Cr | ₹70.19 Lakh | ₹1.23 Cr | ₹1.53 Cr | -₹90.07 Lakh | -₹97.9 Lakh | ₹1.1 Cr | ₹2.05 Cr | ₹1.03 Cr | -₹12.31 Lakh | ₹1.05 Cr |
| Net Profit | ₹4.52 Cr | ₹1.79 Cr | ₹1.49 Cr | ₹3.72 Cr | ₹5.84 Cr | ₹3.03 Cr | ₹2 Cr | ₹1.62 Cr | ₹3.12 Cr | ₹98.23 Lakh | ₹52.96 Lakh | ₹1.33 Cr |
| Other Comprehensive Income | ₹23.25 Lakh | ₹3.92 Lakh | ₹3.92 Lakh | ₹3.92 Lakh | ₹11.94 Lakh | ₹3.25 Lakh | ₹27,000 | ₹22,000 | -₹2.45 Lakh | ₹1.11 Lakh | ₹1.11 Lakh | ₹1.11 Lakh |
| Total Comprehensive Income | ₹4.75 Cr | ₹1.83 Cr | ₹1.53 Cr | ₹3.75 Cr | ₹5.96 Cr | ₹3.06 Cr | ₹2 Cr | ₹1.62 Cr | ₹3.1 Cr | ₹99.34 Lakh | ₹54.07 Lakh | ₹1.35 Cr |
| EBITDA (computed) | ₹8.54 Cr | ₹4.89 Cr | ₹4.13 Cr | ₹6.6 Cr | ₹9.51 Cr | ₹4.21 Cr | ₹3.18 Cr | ₹5.17 Cr | ₹7.75 Cr | ₹4.93 Cr | ₹3.49 Cr | ₹5.37 Cr |
| Basic EPS | ₹1.02 | ₹0.39 | ₹0.33 | ₹0.80 | ₹1.27 | ₹0.65 | ₹0.43 | ₹0.35 | ₹0.66 | ₹0.22 | ₹0.11 | ₹0.29 |
| Diluted EPS | ₹1.02 | ₹0.39 | ₹0.33 | ₹0.80 | ₹1.27 | ₹0.65 | ₹0.43 | ₹0.35 | ₹0.66 | ₹0.22 | ₹0.11 | ₹0.29 |
Board & Governance of Incredible Industries Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Incredible Industries Limited has 6 directors - 3 independent and 1 executive. The board is chaired by RAMA SHANKAR GUPTA.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| RAMA SHANKAR GUPTA | Executive Director · MD · Chairperson | 2019-07-15 | 1 |
| SONAM AGARWAL | Non-Executive - Independent Director | 2018-02-12 | 1 |
| SHILPI MODI | Non-Executive - Independent Director | 2018-12-06 | 1 |
| SANJAY KALOYA | Non-Executive - Non Independent Director | 2021-03-24 | 1 |
| DEEPAK KUMAR AGARWALLA | Non-Executive - Independent Director | 2024-09-02 | 1 |
| RAJ PRAKASH VERMA | Non-Executive - Non Independent Director | 2025-11-14 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | DEEPAK KUMAR AGARWALLA (Chairperson), SONAM AGARWAL, SHILPI MODI, RAMA SHANKAR GUPTA |
| Nomination and remuneration committee | SONAM AGARWAL (Chairperson), SHILPI MODI, SANJAY KALOYA |
| Stakeholders Relationship Committee | SANJAY KALOYA (Chairperson), RAMA SHANKAR GUPTA, SONAM AGARWAL |
| MANAGEMENT AND FINANCE COMMITTEE | RAMA SHANKAR GUPTA (Chairperson), SANJAY KALOYA, RAJ PRAKASH VERMA |
Charges & Borrowings of Incredible Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Apr 2026 | Others | ₹105 Cr | Open |
| 13 Jan 2026 | Others | ₹51 Cr | Open |
| 05 Dec 2024 | Others | ₹40.23 Cr | Open |
| 14 Aug 2023 | Others | ₹10.68 Cr | Open |
| 30 Mar 2023 | Bank of India | ₹70 Cr | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Incredible Industries Limited
View historical data on people associated with Incredible Industries Limited, including employment history and EPFO contributions.
Employee and EPFO history for Incredible Industries Limited
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GST Compliance of Incredible Industries Limited
GST registrations and filing compliance for Incredible Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Incredible Industries Limited
Credit ratings, litigation, and regulatory alerts for Incredible Industries Limited
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MSME Payment Delays by Incredible Industries Limited
MSME payment history for Incredible Industries Limited
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Subsidiaries & Group Companies of Incredible Industries Limited
Corporate group structure for Incredible Industries Limited
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MCA Filings & Documents of Incredible Industries Limited
MCA filings and documents for Incredible Industries Limited
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Recent Activity on Incredible Industries Limited
Frequently Asked Questions about Incredible Industries Limited
Incredible Industries Limited is an active public limited company in the environment sector based in Kolkata, West Bengal, India. It was incorporated on 23 August 1979 (47+ years old) and is registered under CIN L27100WB1979PLC032200. Listed on BSE: 538365 and NSE: ADHUNIKIND.
Incredible Industries Limited reported revenue of ₹840.3 Cr for FY 2026 (up 11.13% YoY) based on standalone NSE filings.
The current directors of Incredible Industries Limited are:
- Sonam Agarwal - Director
- Shilpi Modi - Director
- Sanjay Kaloya - Director
- Rama Shankar Gupta - Managing Director
- Raj Prakash Verma - Director
- Deepak Kumar Agarwalla - Director
The primary industry of Incredible Industries Limited is environment. The company specifically operates in wind energy solutions. The company is currently active in this sector.
Yes. Incredible Industries Limited is listed on both BSE (code: 538365) and NSE (symbol: ADHUNIKIND).
Incredible Industries Limited can be reached at the registered office: 14 N S Road 2Nd Floor, Kolkata, West Bengal, India – 700001, or through the website adhunikindustries.com.