Incap Ltd

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BSE Code: 517370       NSE Code: INCAP

Business Profile
Business Profile
Incap (INCAP) is engaged in the manufacture, marketing and export of aluminium electrolytic capacitors. The company has set up a unit to manufacture aluminum electrolytic capacitors (AECs) in Andhra Pradesh of various grades and sizes. Product list includes aluminum electrolytic capacitors with various specifications, in different series, and in different combinations of capacitance and voltage. INCAP has established a project at Nidamanur near Vijayawada, Andhra Pradesh, India for the manufacture of AECs of various grades and sizes with installed capacity of 110 million pieces per annum at a cost of Rs 120 million. INCAP is an ISO 9002 certified organization. INCAP has entered into a MOU with LEC, Taiwan for supply of know-how and training, participate in equity, and buy back 25% of production. The company has an in-house R&D facility. R&D activity is mainly carried out in INCAP to develop the quality of the product. As on date the company has exported capacitors worth around Rs 8 million. The registered office and factory of the company are located at Vijayawada, Andhra Pradesh. The installed capacity of the company is 100 million aluminum electrolytic capacitors per annum.

Financials
Incap registered a steep drop of 23.69% in net profits of Rs 1.90 million for the quarter ended September 2007 from a profit of Rs 2.49 million for the quarter ended in September 2006Net Sales declined 21.32% to Rs 26.49 million for the quarter ended September 2007 from Rs 33.67 million for the quarter ended September 2006.Total income dipped 18.89% to Rs 27.83 million, from Rs 34.31 million for the quarter ended September 2006.

Other Information
Annual Reports for Incap Ltd
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