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INVESTMENT INSIGHTS

Check Before You Invest : Incon Engineers Ltd

BSE: 531594 NSE: ISIN: INE507D01010
  |   Sector:  Capital Goods & Industrial Consumables   |   Industry:  Engineering - Industrial Equipments

Snapshot

Q.1 Which industry/sub-sector does Incon Engineers Ltd belong to?
Incon Engineers Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Engineering - Industrial Equipments segment.
Q.2 Is Incon Engineers Ltd a good quality company?
Incon Engineers Ltd is a quality company, based on a 10 year financial track record.
Q.3 Is Incon Engineers Ltd undervalued or overvalued?
Incon Engineers Ltd appears Undervalued, as its key valuation ratios are below with their past averages.
Q.4 Is Incon Engineers Ltd a good buy now?
Incon Engineers Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Incon Engineers Ltd?
Incon Engineers Ltd revenue growth is 0% for FY-2025 , which is above its 5 year CAGR of % , indicating faster growth.
Q.2 Gross Profit margin of Incon Engineers Ltd?
Incon Engineers Ltd Gross profit margin which is the profit after deduction of direct costs, is -190.3% for FY-2025 , which is below its 5 year median of 0% , indicating decreasing margins.
Q.3 Operating Profit Margin of Incon Engineers Ltd?
Incon Engineers Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -235.47% for FY-2025 , which is in line with its 5 year median of -235.47% indicating stable margins.
Q.4 Net Profit Margin of Incon Engineers Ltd?
Incon Engineers Ltd Net Profit Margin is -198.55% for FY-2025 , is in line with with its 5 year median of -198.55%, indicating stable margins.
Current Level Historic Median
Gross Profit Margin -190.3 -
Operating Profit Margin -235.47 -235.47
Net Profit Margin -198.55 -198.55
Q.5 Return on Asset of Incon Engineers Ltd?
Incon Engineers Ltd Return on Asset is -48.56%, which is below its 5 year historical median of -35.08%, indicating deteriorated asset utilization efficiency.
Q.6 Return on Equity (ROE) of Incon Engineers Ltd?
Incon Engineers Ltd Return on equity is 0% for FY-2025 , which is in line with its historical median of 0%, indicating the business is making similar use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of Incon Engineers Ltd?
Incon Engineers Ltd Return on capital employed is -64.52% for FY-2025 , which is below its estimated weighted average cost of capital(WACC) 14%, indicating value preservation.
Q.8 Cash conversion cycle of Incon Engineers Ltd?
Incon Engineers Ltd Cash conversion cycle is 306 days, below its historical median of 306 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 0.24 0.24
ROE - -
ROCE -64.52 -46.21
Cash Conversion Cycle 306 days 306 days
Q.9 Debt to Equity ratio of Incon Engineers Ltd?
Incon Engineers Ltd Debt-to-Equity ratio is -2.38 , which is lower with the industry average of 0.17 , indicating lower debt levels in the industry.
Q.10 Debt to cash flow from operations of Incon Engineers Ltd?
Incon Engineers Ltd Debt to cash flow from operations is -1.99 , which is at a unhealthy level.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Incon Engineers Ltd?
Promoters hold 66.34% of the Incon Engineers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Incon Engineers Ltd vs industry peers?
Incon Engineers Ltd revenue CAGR is 0.00% , compared to the industry median CAGR of 1.47% , indicating slower growth and losing its market share.
Profit Metrics
Current Level Industry Median
Revenue 0.2 101.1
Gross Profit -0.4 9.6
Operating Profit -0.5 9
Net Profit -0.4 6
Operating Efficiency
Current Level Industry Median
Asset Turnover 0.24 0.89
ROE - 11.68
ROCE -64.52 14.29
Cash Conversion Cycle (days) 306.33 101

Valuation & price assessment

Q.1 Stock return of Incon Engineers Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 7.4% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price 7.4% 29% 13.8% 5%
Q.3 Valuation ratios of Incon Engineers Ltd vs historical?
The current P/E is similar that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings - 0.00 46.24
Price to Book -3.78 -7.15 2.79
Price to Sales 38.56 28.33 2.66
EV to EBITDA -27.42 -12.17 15.72

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