Incap
Capital Goods
517370 BSE
₹72.39
Close ·
- P/E
- 116.76
Close 4 Nov 2026 ₹72.39 −29.31 −28.8% 1Y
Start ₹101.70
Key Fundamentals
MicrocapElectrical EquipmentCapital GoodsPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 4.68%
- Debt to Equity
- 0.05
- EPS (TTM)
- ₹0.62
- Book Value
- ₹31.77
- Market Cap
- —
- P/E (TTM)
- 116.76
- P/B
- 2.28
- ROE
- 2.11%
- Dividend Yield
- 1.47%
- EBITDA
- ₹1.30 Cr
- 52W High
- ₹116.00
- 52W Low
- ₹61.15
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
44 Weak
Data confidence 100/100
Category scores
- Quality
- 64
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 37
- Weak
- Cheap vs sector & own history 24% weight
- Growth
- 7
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 49
- Average
- Solvency, leverage, coverage 9% weight
- Momentum
- 28
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 97.2%
- Debtor days have improved from 142 to 85.8 days.
Weaknesses
2- The company has delivered a poor sales growth of 8.66% over past five years.
- Company has a low return on equity of 3.73% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 8 | 6 | 5 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 6 | 0 | 4 |
Oscillators
Bearish
Bearish
2
Neutral
6
Bullish
1
Overall
Bearish
Bearish
8
Neutral
6
Bullish
5
Moving Averages
Strong Bearish
Bearish
6
Neutral
0
Bullish
4
Key readings
- RSI (14)
- 47.80
- Neutral
- MACD (12,26,9)
- −3.12
- Bullish
- SMA (50)
- 79.20
- Bearish
- SMA (200)
- 85.31
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +0.52% |
|---|---|
| 5Y | +8.66% |
| 3Y | +14.57% |
| 1Y | −5.69% |
| TTM | −30.26% |
Net profit
| 10Y | −13.96% |
|---|---|
| 5Y | −10.13% |
| 3Y | −19.84% |
| 1Y | −57.50% |
| TTM | −71.43% |
Operating cash flow
| 10Y | +11.57% |
|---|---|
| 5Y | +12.47% |
| 3Y | Turned positive |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −6.83 pp |
|---|---|
| 5Y | +3.45 pp |
| 3Y | +1.75 pp |
| 1Y | −1.17 pp |
| TTM | −1.17 pp |
Revenue by year
| Mar 2017 | ₹28.57 Cr |
|---|---|
| Mar 2018 | ₹28.37 Cr |
| Mar 2019 | ₹20.58 Cr |
| Mar 2020 | ₹38.33 Cr |
| Mar 2021 | ₹20.91 Cr |
| Mar 2022 | ₹23.16 Cr |
| Mar 2023 | ₹21.06 Cr |
| Mar 2024 | ₹19.36 Cr |
| Mar 2025 | ₹33.58 Cr |
| Mar 2026 | ₹31.67 Cr |
Net profit by year
| Mar 2017 | ₹2.36 Cr |
|---|---|
| Mar 2018 | ₹2.85 Cr |
| Mar 2019 | ₹0.97 Cr |
| Mar 2020 | ₹0.44 Cr |
| Mar 2021 | ₹0.58 Cr |
| Mar 2022 | ₹0.80 Cr |
| Mar 2023 | ₹0.66 Cr |
| Mar 2024 | ₹0.67 Cr |
| Mar 2025 | ₹0.80 Cr |
| Mar 2026 | ₹0.34 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4.88 | 6.62 | 3.91 | 3.96 | 4.66 | 7.09 | 16.89 | 4.94 | 9.97 | 6.23 | 7.28 | 8.19 | 5.42 |
| Expenses | 4.66 | 6.13 | 3.58 | 4.39 | 4.31 | 6.48 | 16.42 | 4.67 | 9.46 | 5.73 | 7.1 | 8.16 | 5.15 |
| Operating Profit | 0.22 | 0.49 | 0.33 | −0.43 | 0.35 | 0.61 | 0.47 | 0.27 | 0.51 | 0.5 | 0.18 | 0.03 | 0.27 |
| OPM % | 4.51% | 7.4% | 8.44% | −10.86% | 7.51% | 8.6% | 2.78% | 5.47% | 5.12% | 8.03% | 2.47% | 0.37% | 4.98% |
| Other Income | 0.06 | 0.04 | −0.02 | 0.8 | 0 | 0 | 0 | 0.19 | 0 | 0.03 | 0.13 | −0.03 | 0 |
| Interest | 0.05 | 0.06 | 0.13 | −0.06 | 0.03 | 0.07 | 0.18 | 0.18 | 0.13 | 0.14 | 0.05 | 0.02 | 0.07 |
| Depreciation | 0.08 | 0.08 | 0.08 | 0.15 | 0.09 | 0.09 | 0.09 | 0.11 | 0.08 | 0.17 | 0.13 | 0.13 | 0.09 |
| PBT | 0.15 | 0.39 | 0.1 | 0.28 | 0.23 | 0.45 | 0.2 | 0.17 | 0.3 | 0.22 | 0.13 | −0.15 | 0.11 |
| Tax % | 0% | 0% | 0% | 89.29% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0.15 | 0.39 | 0.1 | 0.02 | 0.23 | 0.45 | 0.2 | 0.17 | 0.3 | 0.22 | 0.14 | −0.15 | 0.11 |
| EPS (₹) | 0.29 | 0.76 | 0.19 | 0.04 | 0.45 | 0.88 | 0.39 | 0.33 | 0.58 | 0.43 | 0.27 | −0.29 | 0.21 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 46 | 30.06 | 28.57 | 28.37 | 20.58 | 38.33 | 20.91 | 23.16 | 21.06 | 19.36 | 33.58 | 31.67 | 27.12 |
| Expenses | 42.95 | 26.81 | 24.66 | 25.01 | 19.42 | 37.61 | 20.8 | 22.54 | 20.59 | 18.74 | 31.85 | 30.41 | 26.14 |
| Operating Profit | 3.05 | 3.25 | 3.91 | 3.36 | 1.16 | 0.72 | 0.11 | 0.62 | 0.47 | 0.62 | 1.73 | 1.26 | 0.98 |
| OPM % | 6.63% | 10.81% | 13.69% | 11.84% | 5.64% | 1.88% | 0.53% | 2.68% | 2.23% | 3.2% | 5.15% | 3.98% | 3.61% |
| Other Income | 1.19 | 0.35 | 0.38 | 1.05 | 1.05 | 0.89 | 1.22 | 1.18 | 1.02 | 0.88 | 0.19 | 0.14 | 0.13 |
| Interest | 0.6 | 0.71 | 0.44 | 0.15 | 0.39 | 0.56 | 0.18 | 0.2 | 0.21 | 0.2 | 0.49 | 0.39 | 0.28 |
| Depreciation | 0.56 | 0.38 | 0.3 | 0.37 | 0.45 | 0.46 | 0.47 | 0.44 | 0.39 | 0.38 | 0.38 | 0.5 | 0.52 |
| PBT | 3.08 | 2.51 | 3.55 | 3.89 | 1.37 | 0.59 | 0.68 | 1.16 | 0.89 | 0.92 | 1.05 | 0.51 | 0.31 |
| Tax % | 36.04% | 38.65% | 33.52% | 26.74% | 29.2% | 27.12% | 13.24% | 31.03% | 25.84% | 27.17% | 23.81% | 33.33% | — |
| Net Profit | 1.98 | 1.53 | 2.36 | 2.85 | 0.97 | 0.44 | 0.58 | 0.8 | 0.66 | 0.67 | 0.8 | 0.34 | 0.32 |
| EPS (₹) | 3.86 | 2.98 | 4.6 | 5.55 | 1.89 | 0.86 | 1.13 | 1.56 | 1.29 | 1.31 | 1.56 | 0.66 | 0.62 |
| Div. Payout % | 25.91% | 33.53% | 21.74% | 18% | 52.89% | 0% | 88.45% | 64.12% | 77.73% | 76.57% | 64.12% | 150.88% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 |
| Reserves | 4.76 | 5.68 | 7.42 | 9.65 | 9.98 | 10.22 | 10.35 | 10.69 | 10.84 | 10.94 | 11.11 | 10.92 |
| Borrowings | 4.66 | 1.37 | 0.15 | 0.41 | 0.88 | 0.68 | 1.83 | 1.88 | 1.19 | 2.75 | 5.39 | 0.82 |
| Other Liabilities | 20.5 | 8.69 | 6.52 | 7.2 | 8.58 | 19.37 | 19.04 | 11.64 | 10.93 | 8.61 | 8.31 | 10.76 |
| Total Liabilities | 35.05 | 20.87 | 19.22 | 22.39 | 24.57 | 35.4 | 36.35 | 29.34 | 28.09 | 27.43 | 29.94 | 27.63 |
| Fixed Assets | 5.25 | 5.49 | 4.28 | 4.47 | 4.95 | 4.65 | 4.19 | 3.49 | 3.67 | 3.43 | 7.33 | 6.84 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2.21 | 2.21 | 2.57 | 2.57 |
| Other Assets | 29.8 | 15.38 | 14.94 | 17.92 | 17.62 | 28.75 | 30.16 | 23.85 | 22.21 | 21.79 | 20.04 | 18.22 |
| Total Assets | 35.05 | 20.87 | 19.22 | 22.39 | 24.57 | 35.4 | 36.35 | 29.34 | 28.09 | 27.43 | 29.94 | 27.63 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −2.03 | 1.71 | 5.3 | 3.62 | −1.76 | 10.81 | 2.84 | −3.83 | −1.04 | −6.06 | −2.11 | 5.11 |
| Investing | −0.25 | −0.32 | 1.26 | 0.09 | −2.42 | 0.71 | 0.86 | 1.43 | 0.23 | 0.67 | −4.63 | −0.01 |
| Financing | 2.03 | −4.52 | −2.41 | −0.5 | −0.47 | −0.7 | 0.49 | −0.63 | −1.38 | 0.87 | 1.67 | −4.76 |
| Net Cash Flow | −0.25 | −3.12 | 4.16 | 3.21 | −4.65 | 10.82 | 4.19 | −3.02 | −2.19 | −4.52 | −5.07 | 0.35 |
| Free Cash Flow | −3.35 | 1.05 | 6.31 | 3.05 | −2.69 | 10.66 | 2.82 | −3.4 | −1.54 | −6.19 | −6.39 | 5.09 |
| CFO/EBITDA | −101 | 25 | 161 | 141 | −136 | 1,522 | 2,745 | −568 | −172 | −937 | −106 | 417 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 102 | 103 | 79.98 | 80.41 | 88.32 | 67.99 | 130 | 81.01 | 108 | 185 | 154 | 85.75 |
| Inventory Days | 153 | 110 | 71.58 | 63.81 | 95.52 | 53.05 | 76.45 | 67.45 | 60.93 | 81.02 | 31.06 | 87.83 |
| Days Payable | 53.1 | 65.76 | 106 | 130 | 192 | 640 | 602 | 291 | 276 | 196 | 86.54 | 81.14 |
| Cash Conversion Cycle | 202 | 147 | 45.85 | 14.66 | −8.64 | −519 | −396 | −142 | −107 | 70.06 | 98.87 | 92.44 |
| Working Capital Days | 13.81 | 66.66 | 39.09 | 26.5 | 1.6 | −85.8 | −132 | −55.47 | −33.1 | 53.17 | 45.33 | 50.48 |
| ROCE % | 30% | 24.09% | 31.27% | 28.97% | 11.29% | 7.18% | 4.62% | 6.8% | 5.91% | 6.17% | 7.61% | 4.68% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Incap insights
60 extracted metrics across FY10–FY27.
Documents
- 31 Oct 2026
- 31 Oct 2026
- 6 Oct 2026
- 31 Jul 2025
- 30 May 2024
- 31 Mar 2023
- 31 Jan 2022
- Intimation 16 Oct 2026
- General announcements 12 Oct 2026
Frequently Asked Questions about Incap
What does Incap Ltd do?
Incorporated in 1993, Incap Ltd deals in manufacturing and sale of Capacitors.
Where is Incap Ltd (INCAP) listed?
Incap Ltd trades under code 517370 on the BSE.
Which sector does Incap Ltd belong to?
Incap Ltd is classified under the Capital Goods sector, in the Other Electrical Equipment industry.
What is the PE ratio of Incap Ltd?
Incap Ltd trades at a PE ratio of 116.76 as of 4 Nov 2026, on earnings per share of ₹0.62, against a book value of ₹31.77 per share.
What is the 52-week high and low of Incap Ltd?
Over the last 52 weeks Incap Ltd has traded between ₹61.15 and ₹116 as of 4 Nov 2026.
Does Incap Ltd pay dividends?
Incap Ltd has a dividend yield of 1.47%.
What is the Return on Equity (ROE) of Incap Ltd?
Incap Ltd reported a return on equity of 2.11%. Its debt-to-equity ratio is 0.05.
Company Information
Incorporated in 1993, Incap Ltd deals in manufacturing and sale of Capacitors.
Website incapltd.com
Face Value ₹10
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/517370.md for Incap Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.