Incap (INCAP) share price, P/E, ROE & financials

Incap (BSE: INCAP) had a P/E of 72.8× on 6 Nov 2026, above the industry P/E of 63.0×, and the shares are 42% below their 52-week high. Sales grew 25% a year over 3 years while net profit fell 20%, with ROCE of 5.1% and ROE of 0.4%. Debt is 0.20× equity, and its dividend yield is 1.5%. It is a small-cap company with a market cap of ₹34 Cr, ranked 19th of 20 Electronic Components companies by market cap; the shares fell 31% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹72.00
Day high: ₹72.00
Day low: ₹66.96
Prev. close: ₹74.39
Volume: 4K

Health check

1 fair · 5 to check

ReturnsBehind
−30.5% over a year, better than 1 of 7 peers.
Price tagPricier
P/E 72.8 vs industry 63.0.
GrowthSlow
Sales +24.6%, profit −20.2% a year over 3 years.
ProfitabilityWeak
ROCE 5.1% vs peer median 15.7%.
Balance sheetFair
Debt 0.20× equity, interest covered 2.5×, Piotroski 7 of 9.
Red flags4 to check
Return on equity is low at 0.4%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electronic Components

19 listed peers. Screen the industry

Small cap

₹34 Cr, #19 of 20 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹31 Cr · profit ₹0 Cr

Market cap: ₹34 Cr; Small cap
P/E: 72.8; Industry 63.0
Price to book: 2.14; Peers 6.25
Dividend yield: 1.49%
ROE: 0.4%; Peers 14.9%
ROCE: 5.1%; Peers 15.7%
Debt to equity: 0.20; Debt ₹3.34 Cr
EPS (TTM): ₹0.92
OPM (TTM): 1.9%; Net margin 0.2%
Sales growth: −45.7%; Latest quarter vs a year ago
Profit growth: −63.0%; Latest quarter vs a year ago
Price to sales: 1.12; EV/EBITDA 50.4

Risks to check

Return on equity is low at 0.4%.
Quarterly profit down 63.0% on a year ago.
Quarterly sales down 45.7% on a year ago.
42% below its 52-week high.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Incap

Incap Limited engages in the manufacture and sale of aluminum electrolytic capacitors in India and internationally. The company provides line, post, and pin polymer insulators. The company was incorporated in 1990 and is based in Vijayawada, India.

Headquarters: Vijayawada
Employees: 75
Sector: Technology
ISIN: INE437C01012
Website: incaplimited.com

Price range

52 weeks

₹61.15₹116.00

Today

₹66.96₹72.00

Avg volume (3M): 554
1-year return: minus 30.5%
From 52-week high: minus 42.3%

Peers · Electronic Components

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
SYRMASyrma SGS Technology	1,459.30	minus 3.68%	28,110	66.7	47.6	14.7%	10.9%	0.24	32.8%	plus 93.2%
KAYNESKaynes Technology India	3,233.00	minus 1.81%	21,733	63.0	37.5	12.0%	15.6%	0.19	47.7%	minus 50.6%
PGELPG Electroplast	546.15	minus 0.55%	15,661	72.5	37.0	8.7%	7.3%	0.25	33.8%	minus 3.4%
AVALONAvalon Technologies	1,893.60	minus 9.83%	12,668	95.0	72.8	21.7%	11.4%	0.30	19.3%	plus 82.6%
KRNKRN Heat Exchanger and Refrigeration	939.80	minus 4.99%	6,152	51.9	–	–	13.0%	0.16	–	plus 24.9%
CENTUMCentum Electronics	4,069.20	minus 0.88%	6,007	374.4	41.5	37.9%	10.5%	0.38	2.4%	plus 67.0%
MODINSUModern Insulators	457.10	minus 2.34%	2,155	22.9	20.2	16.7%	14.8%	0.13	18.5%	plus 213.5%
INCAPIncap	66.98	minus 9.96%	34	72.8	25.4	5.1%	2.0%	0.20	24.6%	minus 30.5%
Median of 7 peers	–	−2.34%	12,668	66.7	39.5	15.7%	11.4%	0.24	26.0%	67.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
10	6.2	7.3	8.2	5.4
9	6.2	7.1	8.2	5.1
0.9	0.1	0.2	0	0.3
9.3%	1.2%	2.5%	0.0%	4.9%
0	0	0.1	0	0
0.1	0.1	0	0	0.1
0.5	−0.3	0.1	0.1	0.1
0.3	0.2	0.1	−0.1	0.1
–	–	–	−117.6%	–
0.3	0.2	0.1	−0.3	0.1
0.59	0.43	0.27	–	0.22

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +24.6%
Profit CAGR 3Y: −20.2%
EPS CAGR 3Y: −20.0%
ROE: 0.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
16.4	17.9	33.6	31.7
–	+9.5%	+87.3%	minus 5.7%
15.6	17.2	31.8	30.4
0.8	0.7	1.8	1.3
4.6%	3.9%	5.2%	4.0%
0.6	0.8	0.1	0.1
0.2	0.2	0.5	0.3
0.4	0.4	0.4	0.5
0.1	0	–	0
0.9	0.9	1	0.5
25.6%	27.2%	23.5%	34.1%
0.7	0.7	0.8	0.3
–	+1.0%	+19.4%	minus 57.8%
1.29	1.30	1.56	0.66

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
5.1	5.1	5.1	5.1
10.8	10.9	11.1	10.9
1.2	2.8	5.4	0.8
10.9	8.6	8.3	10.8
28.1	27.4	29.9	27.6
3.7	3.4	7.3	6.8
2.2	2.2	2.6	2.6
12.7	8.1	3.1	2.7
9.6	13.7	17	15.5
28.1	27.4	29.9	27.6

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−1	−6.1	−2.1	5.1
0.2	0.7	−4.6	−0
−1.4	0.9	1.7	−5.4
−2.2	−4.5	−5.1	−0.3
−0.6	−0.2	−4.3	−0
−1.6	−6.2	−6.4	5.1
−0.5	−0.5	−0.5	−0.5

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you