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Inphlox Water Systems Private Limited - environment in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.23 Cr
▲ 20% YoY
Net loss · FY 2025
₹3.13 Cr
Net margin -25.6%
EBITDA · FY 2025
-₹2.53 Cr
EBITDA margin -20.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.97 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
19
Provident fund records
Directors on board
5
As per MCA filings
About Inphlox Water Systems Private Limited
Data last updated:
Inphlox Water Systems Private Limited is a private limited company based in Bhiwandi, Maharashtra, India, recognised as a startup by DPIIT. It operates in the water treatment segment of the environmental services sector. It was incorporated on 28 February 2018 and has been in existence for over 8 years.
Its director N Krishnakumar and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC305776. Its GSTIN is 27AAECI7823C1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.97 Lakh. It is led by directors including Krishnakumar Natarajan and Amrit Om Nayak.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D10 / 11 – 12 Bhumi World Industrial Park, Mumbai Nashik Highway Pimplas (Before Kalyan – Bypass) Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.23 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Cr (net margin -25.6%) and EBITDA of -₹2.53 Cr (EBITDA margin -20.7%). Revenue has grown at a compounded annual rate (CAGR) of 145% over three years and 162% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indra Systems. Court records list 108 cases involving the company, including 34 filed by the company and 74 filed against it; 38 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹50.29 Cr; the latest was in December 2023.
Inphlox Water Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indrawater.com.
Company details
CIN U74999MH2018PTC305776
Registration Number 305776
Incorporation Date 28 February 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0049689
Key People
Krishnakumar Natarajan Director Amrit Om Nayak Director Ranganath Nuggehalli Krishna Director Recognitions & Rankings of Inphlox Water Systems
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0049689
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,482 N Krishnakumar & family ₹1,400 Cr
Contact details
Inphlox Water Systems Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is indrawater.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD10 / 11 – 12 Bhumi World Industrial Park, Mumbai Nashik Highway Pimplas (Before Kalyan – Bypass) Bhiwandi, Maharashtra, India – 421302
- IndustryEnvironment, Water Treatment
To see the full contact details of Inphlox Water Systems Private Limited, buy the company report.
Comprehensive company report
Inphlox Water Systems Private Limited - one report that includes everything
- 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
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Brands
Inphlox Water Systems operates one associated brand: Indra Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Water treatment systems are developed for sustainable wastewater recycling. | indrawater.com |
Business activity
The main business activities of Inphlox Water Systems are professional, scientific and technical and water supply, sewerage and waste management. In detail, this covers architecture, engineering activities, technical testing and analysis activities and waste collection, treatment and disposal activities, materials recovery and other waste management services. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Inphlox Water Systems Private Limited, buy the company report.
Financials of Inphlox Water Systems Private Limited
FY 2025 filings availableInphlox Water Systems Private Limited reported revenue of ₹12.23 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹12.23 Cr ▲ 20%
Net loss · FY 2025
₹3.13 Cr margin -25.6%
EBITDA · FY 2025
-₹2.53 Cr margin -20.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 145%
5 years · compounded
▲ 162%
EBITDA CAGR growth
1 year
▼ 794%
3 years · compounded
▼ 25%
5 years · compounded
▼ 57%
Revenue has grown at a compounded annual rate (CAGR) of 162% over five years, including 20% growth in the latest year. EBITDA fell 794% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.53 Cr | ||||
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| Net Profit (PAT) | -₹3.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -20.7% | ||||
| Net Profit Margin | -25.6% | ||||
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To see the full financial statements and ratios of Inphlox Water Systems Private Limited, buy the company report.
Board of directors of Inphlox Water Systems Private Limited
Inphlox Water Systems has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnakumar Natarajan | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Amrit Om Nayak | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
| Ranganath Nuggehalli Krishna Also directs: Avt Natural Products Limited, Kirloskar Pneumatic Company Limited, Koel Fluid Dynamics Private Limited and 5 more | Director | 21 Feb 2025 | 1 Years 8 Months | Current |
| Helge Daebel | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Krunal Nitin Patel | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
Auditor
Inphlox Water Systems Private Limited is audited by Somaiya & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Somaiya & Co. | FY 2023 | 121945W |
Shareholding
The shareholding of Inphlox Water Systems Private Limited 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Inphlox Water Systems Private Limited, buy the company report.
Deals & funding
Inphlox Water Systems Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹50.29 Cr; the latest was in December 2023.
Total deals
7
Funding rounds
5
Secondary share transfers
2
Disclosed funding
₹50.29 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Funding round · Series A | ₹33.21 Cr | Investors: Emerald Technology Ventures, Mela Ventures, Peak Sustainability Ventures |
| Jun 2023 | Funding round · Pre-Series A | ₹1.01 Cr | Investors: Protos Engineering Company Private Limited , 3 individuals |
| Feb 2023 | Funding round | ₹48 Lakh | Investors: IIT Bombay |
| Aug 2021 | Funding round | ₹1.5 Cr | Investors: 4 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of Inphlox Water Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Inphlox Water Systems Private Limited has 108 court cases on record: 34 filed by Inphlox Water Systems, 74 filed against it. 38 cases are pending and 70 are disposed.
Total cases
108
Filed by the company
34
Filed against the company
74
Pending
38
Disposed
70
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 100 | 67 | 34 |
| High courts | 8 | 7 | 4 |
Cases on record (5 of 108)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Sewa Grih Rin Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Finova Capital Private Limited | Pending |
| District court, Khandwa, Madhya Pradesh | Court case (UN CIV) | Filed against the company by Five Star Business Finance Limited Mayur Kumar Soni | Pending |
| High Court of Punjab and Haryana | Appeal | Filed against the company by The New India Assurance Company Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Au Small Finance Bank Ltd | Pending |
To see the full case history of Inphlox Water Systems Private Limited, 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 Inphlox Water Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inphlox Water Systems Private Limited has a workforce of 19 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
26.67%
GST
Inphlox Water Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI7823C1ZP | Maharashtra | Active | 15 May 2018 |
To see the full GST registrations and return filing status of Inphlox Water Systems Private Limited, buy the company report.
Recent activity
Inphlox Water Systems Private Limited has 7 board changes on record since 2018: 5 appointments and 2 cessations. The latest: Ranganath Nuggehalli Krishna ceased to be Additional Director on 24 Sep 2025.
AGM
Inphlox Water Systems Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Ranganath Nuggehalli Krishna ceased to be Additional Director.
Filing
Inphlox Water Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Ranganath Nuggehalli Krishna was appointed as Director.
Appointed
Helge Daebel was appointed as Director.
Appointed
Krishnakumar Natarajan was appointed as Director.
Ceased
Venkata Raghu Naga Abhijit Vemuganti ceased to be Director.
Appointed
Amrit Om Nayak was appointed as Director.
Appointed
Krunal Nitin Patel was appointed as Director.
Incorporation
28 Feb 2018
Inphlox Water Systems Private Limited was registered on 28 Feb 2018 with Roc Mumbai & aged 8 years 7 months as per MCA records.
News
Frequently asked questions
Inphlox Water Systems is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 28 February 2018 (8+ years old) and is registered under CIN U74999MH2018PTC305776.
Inphlox Water Systems has 5 current directors:
- Krishnakumar Natarajan - Director
- Amrit Om Nayak - Director
- Ranganath Nuggehalli Krishna - Director
- Helge Daebel - Director
- Krunal Nitin Patel - Director
The latest financial statements of Inphlox Water Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Inphlox Water Systems is 27AAECI7823C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Inphlox Water Systems is U74999MH2018PTC305776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inphlox Water Systems has 108 court cases on record: 34 filed by the company and 74 filed against it. 38 are pending. Most are in the district courts.
Inphlox Water Systems was incorporated on 28 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Inphlox Water Systems has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹50.29 Cr; the latest was in December 2023.
Ranganath Nuggehalli Krishna ceased to be Additional Director on 24 Sep 2025. Ranganath Nuggehalli Krishna was appointed as Director on 21 Feb 2025. Helge Daebel was appointed as Director on 18 Dec 2023. Inphlox Water Systems has 7 board changes on record in total.
Yes, Inphlox Water Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).