INCREDIBLE vs MSPL: Stock Comparison
INCREDIBLE INDUSTRIES LIMITED vs MSP Steel & Power Limited
Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings
MSP Steel & Power Limited is the larger company by market capitalisation. INCREDIBLE INDUSTRIES LIMITED shows a lower P/E, lower leverage and a higher ROCE, while MSP Steel & Power Limited shows a higher ROE and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Side-by-side comparison of INCREDIBLE INDUSTRIES LIMITED and MSP Steel & Power Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | INCREDIBLE | MSPL |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Iron & Steel Products | Iron & Steel Products |
Price
| Metric | INCREDIBLE | MSPL |
|---|---|---|
| Live Price | ₹33.39 | ₹35.37 |
| Day Change | -2.25% | 1.78% |
| Volume | 5,480 | 4.48 L |
| 52-Week High | ₹52.87 | ₹46.12 |
| 52-Week Low | ₹28.1 | ₹26.25 |
| Distance from 52W High | -36.85% | -23.31% |
Valuation
| Metric | INCREDIBLE | MSPL |
|---|---|---|
| Market Cap | ₹158 Cr | ₹2,004 Cr |
| P/E Ratio | 12.41x | 59.12x |
| P/B Ratio | 1.06x | 1.95x |
| EPS | ₹2.54 | ₹0.56 |
| Book Value | ₹35.45 | ₹18.18 |
| Dividend Yield | 0% | 0% |
Growth
| Metric | INCREDIBLE | MSPL |
|---|---|---|
| Revenue Growth (TTM YoY) | -4.5% | 7.4% |
| EPS Growth (TTM YoY) | -19.7% | 0% |
| Qtr Sales Growth | -4.69% | 7.4% |
| Qtr Profit Growth | -22.6% | 352% |
Profitability & Leverage
| Metric | INCREDIBLE | MSPL |
|---|---|---|
| ROE | 7.62% | 13.7% |
| ROCE | 10.6% | 9.69% |
| Net Margin | 1.37% | 1.19% |
| Operating Margin | 2.7% | 6.25% |
| Debt to Equity | 0.22x | 0.31x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | INCREDIBLE | MSPL |
|---|---|---|
| Promoter Holding | 74.96% | 40.22%▲ 2.48 pp |
| FII Holding | 0% | 0.12%▼ 0.25 pp |
| DII Holding | 0% | 16.8%▲ 0.1 pp |
| Public Holding | 25.04% | 42.86%▼ 2.33 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: INCREDIBLE INDUSTRIES LIMITED and MSP Steel & Power Limited.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

