About Encora Innovation Labs India Private Limited
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Encora Innovation Labs India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Encora Software (Mauritius) Private Limited (Formerly Known As Indecomm Global Services (Mauritius) Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC052615. Its GSTIN is 29AABCB6817E1ZR (Karnataka). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹10.48 Cr and a paid-up capital of ₹60.6 Lakh. It was formerly known as Indecomm Global Services (India) Private Limited and Encora Technologies India Private Limited. It is led by directors including Jaison Verghese and Philip Peter Pothan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹832.55 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹91.89 Cr (net margin 11%) and EBITDA of ₹154.66 Cr (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 25% over five years.
The company has about 3,172 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Encora. As per MCA filings, the company has satisfied charges of ₹15.25 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it. The company has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹8.4 Lakh; the latest was in September 2011. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website encora.com.
Company details
Name history
Encora Innovation Labs India has undergone 4 name changes throughout its history. The current legal name is Encora Innovation Labs India Private Limited.
| Company Name | Status |
|---|---|
| Encora Innovation Labs India Private Limited | Current |
| Indecomm Global Services (India) Private Limited | Previous |
| Encora Technologies India Private Limited | Previous |
| Brainvisa Technologies Limited | Previous |
| Brainvisa Technologies Private Limited | Previous |
CIN history
Encora Innovation Labs India has one previous CIN (Corporate Identification Number): U72200PN2000PTC014545. The current CIN is U72200KA2000PTC052615, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2000PTC052615 | Current |
| U72200PN2000PTC014545 | Previous |
Contact details
Encora Innovation Labs India Private Limited's registered office is in Bangalore, Karnataka. Its website is encora.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBrigade South Parade Ground Floor, No.10 M.G. Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Encora Innovation Labs India Private Limited, 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
Brands
Encora Innovation Labs India operates one associated brand: Encora. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Management consulting services are provided globally by Encora. | encora.com |
Business activity
The main business activity of Encora Innovation Labs India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Encora Innovation Labs India Private Limited, buy the company report.
Financials of Encora Innovation Labs India Private Limited
FY 2025 filings availableEncora Innovation Labs India Private Limited reported revenue of ₹832.55 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 14% growth in the latest year. EBITDA rose 10% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹832.55 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹154.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹91.89 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 11% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Encora Innovation Labs India Private Limited, buy the company report.
Board of directors of Encora Innovation Labs India Private Limited
Encora Innovation Labs India has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaison Verghese | Director | 03 Sep 2010 | 16 Years 2 Months | Current |
| Philip Peter Pothan | Director | 15 Jul 2022 | 4 Years 4 Months | Current |
| Anesh Onkardev Korla | Director | 28 Aug 2019 | 7 Years 2 Months | Current |
| Sunder Enjeti Shyam | Director | 04 Dec 2024 | 1 Years 11 Months | Current |
| Ashutosh Gupta | Director | 27 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Encora Innovation Labs India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2025 | 008072S |
Shareholding
The shareholding of Encora Innovation Labs India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Encora Innovation Labs India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2009 | 10160435 | Axis Bank Limited | ₹10 Cr | Satisfied | |
| 28 Oct 2004 | 80028665 | State Bank of India | ₹5.25 Cr | Satisfied |
To see the full charge records of Encora Innovation Labs India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Encora Innovation Labs India Private Limited has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹8.4 Lakh; the latest was in September 2011.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Secondary share transfer | Undisclosed | Seller: Encora Software Mauritius Private Limited |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Encora Software Mauritius Private Limited Seller: 3 individuals |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: Encora Software Mauritius Private Limited Seller: 2 individuals |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: Encora Software Mauritius Private Limited Seller: an individual |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: Encora Software Mauritius Private Limited Seller: Westbridge Capital Partners |
To see the full deal history of Encora Innovation Labs India 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
Encora Innovation Labs India Private Limited has 11 court cases on record: 9 filed by Encora Innovation Labs India, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Faarms Global Tech Venture Private Limited and 1 other | Disposed |
| District court, Dindigul, Tamil Nadu | Petition | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Encora Innovation Labs India 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
Encora Innovation Labs India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Matrix Business Services India Private Limited |
To see the full MSME payment records of Encora Innovation Labs India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Encora Innovation Labs India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Encora Digital India Private Limited | U74140GJ2013PTC077283 |
To see the full group structure of Encora Innovation Labs India Private Limited, buy the company report.
Employees & EPFO
Encora Innovation Labs India Private Limited has a workforce of 3,172 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3,172 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Encora Innovation Labs India Private Limited, buy the company report.
GST
Encora Innovation Labs India has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCB6817E1ZR | Karnataka | Active | 01 Jul 2017 |
| 29AABCB6817E2ZQ | Karnataka | Active | 26 Mar 2025 |
| 06AABCB6817E1ZZ | Haryana | Active | 01 Jul 2017 |
| 27AABCB6817E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Encora Innovation Labs India Private Limited, buy the company report.
Recent activity
Encora Innovation Labs India Private Limited has 19 board changes on record since 2007: 5 appointments and 14 cessations. The latest: Ashutosh Gupta ceased to be Additional Director on 29 Sep 2025.
15 earlier events are in the company report.
News
Frequently asked questions
Encora Innovation Labs India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 March 2000 (26+ years old) and is registered under CIN U72200KA2000PTC052615.
Encora Innovation Labs India has 5 current directors:
- Jaison Verghese - Director
- Philip Peter Pothan - Director
- Anesh Onkardev Korla - Director
- Sunder Enjeti Shyam - Director
- Ashutosh Gupta - Director
The latest financial statements of Encora Innovation Labs India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Encora Innovation Labs India is 29AABCB6817E1ZR, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 29AABCB6817E2ZQ (Karnataka), 06AABCB6817E1ZZ (Haryana), 27AABCB6817E1ZV (Maharashtra).
The CIN (Corporate Identification Number) of Encora Innovation Labs India is U72200KA2000PTC052615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Encora Innovation Labs India has 11 court cases on record: 9 filed by the company and 2 filed against it. Most are in the high courts.
Encora Innovation Labs India was incorporated on 03 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Encora Innovation Labs India has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹8.4 Lakh; the latest was in September 2011.
Ashutosh Gupta ceased to be Additional Director on 29 Sep 2025. Sunder Enjeti Shyam ceased to be Additional Director on 29 Sep 2025. Ashutosh Gupta was appointed as Director on 27 Aug 2025. Encora Innovation Labs India has 19 board changes on record in total.
Encora Innovation Labs India has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 13 May 2021.
Encora Innovation Labs India can be reached through the website encora.com. Its registered office is in Bangalore, Karnataka, India.
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