Indocean Engineers Pvt Ltd
About Indocean Engineers Pvt Ltd
Data last updated:
Indocean Engineers Pvt Ltd is a private limited company based in Hyderabad, Telangana, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 March 1967 and has been in existence for over 59 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74210TG1967PTC001144.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.17 Lakh. It is led by directors including Ghrinesh Bhagia and Ishwarlal Jessaram Bhagia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 401 Regency House Bhavan680 Greenlands Road Somajiguda, Hyderabad, Telangana, India – 500482.
As per the financials filed for FY 2023, the company reported a revenue of ₹34.42 Lakh. For the same year it recorded a net profit of ₹48.47 Lakh (net margin 140.8%) and EBITDA of -₹2,500 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 62% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Indocean Engineers has one previous CIN (Corporate Identification Number): U74210AP1967PTC001144. The current CIN is U74210TG1967PTC001144, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210TG1967PTC001144 | Current |
| U74210AP1967PTC001144 | Previous |
Contact details
Indocean Engineers Pvt Ltd's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Regency House Bhavan680 Greenlands Road Somajiguda, Hyderabad, Telangana, India – 500482
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Indocean Engineers Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Indocean Engineers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Indocean Engineers Pvt Ltd, buy the company report.
Financials of Indocean Engineers Pvt Ltd
FY 2024 filings availableIndocean Engineers Pvt Ltd reported revenue of ₹34.42 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.42 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2,500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.47 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | 140.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indocean Engineers Pvt Ltd, buy the company report.
Board of directors of Indocean Engineers Pvt Ltd
Indocean Engineers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghrinesh Bhagia Also directs: Me Illumination Associates LLP, Buddhasun Infra Projects LLP, Indocean GB and Ab LLP and 5 more | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Ishwarlal Jessaram Bhagia | Director | 03 Mar 1967 | 59 Years 7 Months | Current |
| Nimeesha Nanik Bhagia Also directs: Indocean G B Ventures Private Limited, GB Holdings Private Limited, DFN International Private Limited and 1 more | Director | 28 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Indocean Engineers Pvt Ltd is audited by PRASHANTH AND NEERAJ for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANTH AND NEERAJ | FY 2023 | 0017082S |
Shareholding
The shareholding of Indocean Engineers Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indocean Engineers Pvt Ltd, buy the company report.
Legal cases
Indocean Engineers Pvt Ltd has 6 court cases on record: 4 filed by Indocean Engineers, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| NCLT | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| NCLT, Hyderabad | Company petition | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Commissioner and 2 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Municipal Corporation of Hyderabad Rep by | Disposed |
| Supreme Court | Court case (9999-Other) | Filed against the company by Commr. of Income Tax, Hyderabad | Disposed |
To see the full case history of Indocean Engineers Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indocean Engineers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indocean Engineers Pvt Ltd has a workforce of 5 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Indocean Engineers Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indocean Engineers Pvt Ltd has 7 board changes on record since 1967: 3 appointments and 4 cessations. The latest: Nimeesha Nanik Bhagia ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Indocean Engineers is an active private limited company based in Hyderabad, Telangana, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 March 1967 (59+ years old) and is registered under CIN U74210TG1967PTC001144.
Indocean Engineers has 3 current directors:
- Ghrinesh Bhagia - Director
- Ishwarlal Jessaram Bhagia - Director
- Nimeesha Nanik Bhagia - Director
The latest financial statements of Indocean Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indocean Engineers is U74210TG1967PTC001144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indocean Engineers has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
Indocean Engineers was incorporated on 03 March 1967, making it 59+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nimeesha Nanik Bhagia ceased to be Additional Director on 29 Sep 2023. Nimeesha Nanik Bhagia was appointed as Director on 28 Aug 2023. Nanik Bhagia Jessaram ceased to be Managing Director on 24 Aug 2023. Indocean Engineers has 7 board changes on record in total.
The registered office of Indocean Engineers is at 401 Regency House Bhavan680 Greenlands Road Somajiguda, Hyderabad, Telangana, India – 500482.
Indocean Engineers operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Indocean Engineers is active non-compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
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