Incap Ltd (517370) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Incap Limited ( ICL ), a Public Limited Company with ISO 9001:2000 accredition is managed by professionally qualified personnel. The company has got an installed capacity of 100 million pcs per annum and was established in the year 1992 with technical and financial collaboration from Lelon Electronics Corporation.

The company with sound financial discipline, is having its registered office and manufacturing facility located at Nidamanur village which is 12 K.M. away from Vijayawada on N.H. 5 and is accessible by road and rail from different parts of the country.

The plant is housed in 2.5 acres of land with clean and green atmosphere. It also ensures that the process followed and waste disposable actions are environmental friendly. Machinery which are imported from Japan and Taiwan are maintained with meticulous care to ensure improved productivity of quality products. The performance of the machine is closely monitored by the team responsible for Maintenance and Production by analysing the percentage yield on weekly basis and making further improvements in the yield by going for innovative techniques.

ICL has set up a unit for manufacture of Aluminum Electrolytic Capacitors ( AECs ) of different sizes. The company has established a project for the manufacturing of AECs of various grades and sizes with installed capacity of 110 million pieces per annum at a cost of Rs.12 crores.

The project has been setup at 'Nidamanur near Vijayawada, in the state Andhra Pradesh, INDIA'. The machinery installed being latest, fully automatic developed versions can meet the stringent specifications and requirements of professional grade applications also.

As on date all the raw materials are imported from different sources. Mainly we are importing total Aluminum Foils requirement from Japan, Italy and other raw materials from Taiwan.

All products are processed in a controlled and dust free environment where Temperature, Relative humidity and Human comfort are maintained at the optimum level. The operators are provided with uniform and it is made compulsory to use chlorine free gloves while handling the products till it is hermetically sealed. We have provided Air curtains at the entry to the plant to keep a barrier from outside atmosphere and also to prevent dust coming inside the plant. Operators are trained specific to the nature of the work carried out including the setting precautions and the quality norms so that production is never taken on deviation. Besides, petrol inspector collects samples at regular intervals from all stages of production to see its conformance to the set quality norms.

R & D Department collects samples of finished products at different intervals and subject them for different tests as per National and International Standards applicable for Aluminium Electrolytic Capacitors.

Product range of the company:

Its product range covers Radial capacitors of

• Low Voltage (850 C and 1050 C.) 
• Medium & High voltage (850 C and 1050 C.)
• Low Leakage
• Long Life & Extended Long Life
• Low ESR (850 C and 1050 C.)
• Low Impedence Long Life
• Bi-Polar, Non-Polar etc. 

Its Snap-In type capacitors and Lug type capacitors cover a range of capacitance upto 10,000 uF and a voltage range upto 500 WV. It has satisfactorily developed 1050 C special type Snap-in type capacitors up to 450WV and are being regularly supplied to OEM's and Dealers.

New Addition to the product range:  

I) Radial Capacitors: a) Specially designed capacitors for Electronic Ballast and other Lighting Applications.  b) Import substitute capacitors with DOT approval.  

II) Motor Start Capacitors:   a) 230 V AC Motor Start Capacitors (Single Can and  Double Can) for local requirement of single phase pump sets, air conditioners, wet grinders etc.,   b) 110 V AC, 125 V AC , 140 V AC and 150 V AC single can Motor Start Capacitors meant for export to Singapore, Taiwan, Mexico etc.,  

III) LUG Terminal Capacitors: Starting from 25 diameter to 45 diameter covering a range of very high CV values in Low Voltage, Medium and High Voltages.  

IV) Professional Screw Terminal Capacitors: Starting from 35 diameter to 90 diameter covering a wide range of CV values including high voltage up to 500 WV.  

Achievements/ recognition

• Systems Approval : ISO 9001:2000
• Product Approval : LCSO, CACT and C-DOT
• Approvals from MNCs as per their specifications