NSE ScannerComparison · NSE · data 2026-11-01
Incredible Industries Limited vs Shah Alloys Limited
In plain words
Size: Shah Alloys Limited is about 1.1 times the market value of Incredible Industries Limited.
Valuation (P/E): Incredible Industries Limited 11.9 vs Shah Alloys Limited 3.4.
Return on equity: Shah Alloys Limited 205.9% vs Incredible Industries Limited 7.6%.
Debt to equity: Shah Alloys Limited 0.56 vs Incredible Industries Limited 0.22.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INCREDIBLE | SHAHALLOYS | |
|---|---|---|
| Price | ₹29.96 | ₹71.36 |
| Market cap | ₹134 cr | ₹149 cr |
| P/E | 11.9 | 3.4 |
| P/B | — | — |
| ROE | 7.6% | 205.9% |
| ROCE | 10.9% | -2.3% |
| Debt / equity | 0.22 | 0.56 |
| Operating margin | 2.2% | 4.6% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 4.3% | -61.0% |
| Profit growth, 3 years (yearly) | 32.9% | — |
| 1-year return | -35.3% | -7.0% |
| Revenue, last 12 months | ₹834 cr | ₹16 cr |
| Net profit, last 12 months | ₹12 cr | ₹42 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹4 cr | ₹-2 cr |
| Quarter profit vs a year earlier | +6.5% | -113.5% |
| Promoter holding | 74.96% | 53.75% |
| Health check | Average (5.8/10) | Average (4.6/10) |
Common questions
Which has a higher P/E, Incredible Industries Limited or Shah Alloys Limited?
Incredible Industries Limited trades at the higher P/E (11.9 against 3.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Shah Alloys Limited (205.9% against 7.6%).
Which carries more debt?
Shah Alloys Limited has the higher debt-to-equity ratio (0.56 against 0.22).