- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0005130

About Inca Ventures Private Limited
Data last updated:
Inca Ventures Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U20292TN1990PTC019282. Its GSTIN is 33AAACI0933R1ZG (Tamil Nadu).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.97 Cr. It is led by directors Dhananjay Shashikant Bhatt (Managing Director) and Mamta Dhananjay Bhatt.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 104 Second Cross Street, Vgp Sea View Part 1 Palavakkam Chennai – 600041 Vgp Layout Palavakkam, Tamil Nadu, India – 600041.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.45 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹10.46 Lakh (net margin 0.9%) and EBITDA of ₹2.78 Cr (EBITDA margin 24.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: INCA Hammocks. As per MCA filings, the company has open charges of ₹12.04 Cr and satisfied charges of ₹69.01 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Inca Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0005130). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incahammocks.com.
Company details
Recognitions & Rankings of Inca Ventures
Contact details
Inca Ventures Private Limited's registered office is in Chennai, Tamil Nadu. Its website is incahammocks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 104 Second Cross Street, Vgp Sea View Part 1 Palavakkam Chennai – 600041 Vgp Layout Palavakkam, Tamil Nadu, India – 600041
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Inca Ventures 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
Inca Ventures operates one associated brand: INCA Hammocks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality hammocks for consumers. | incahammocks.com |
Business activity
The main business activity of Inca Ventures is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Inca Ventures Private Limited, buy the company report.
Financials of Inca Ventures Private Limited
FY 2024 filings availableInca Ventures Private Limited reported revenue of ₹11.45 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.46 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.3% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Inca Ventures Private Limited, buy the company report.
Board of directors of Inca Ventures Private Limited
Inca Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjay Shashikant Bhatt Also directs: SDNB Skill Incubation and Research Foundation | Managing Director | 23 Oct 1993 | 33 Years 0 Months | Current |
| Mamta Dhananjay Bhatt | Director | 01 Jul 1999 | 27 Years 4 Months | Current |
Auditor
Inca Ventures Private Limited is audited by Sunil Ahuja And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sunil Ahuja And Associates | FY 2023 | 010529S |
Shareholding
The shareholding of Inca Ventures 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 Inca Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2022 | 100597965 | Hdfc Bank Limited | ₹16.2 Lakh | Open | |
| 23 Dec 2021 | 100525359 | State Bank of India | ₹11.84 Cr | Open | |
| 24 Sep 2021 | 100496945 | Others | ₹4 Lakh | Open | |
| 30 Sep 2022 | 100629459 | Others | ₹5.72 Cr | Satisfied | |
| 10 Jul 2020 | 100371358 | Others | ₹3.66 Cr | Satisfied |
To see the full charge records of Inca Ventures Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Inca Ventures Private Limited has 3 court cases on record: 2 filed by Inca Ventures, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (E) (COMM.)) | Filed by the company against Hero Solar Energy Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Hero Solar Energy Pvt Ltd | Disposed |
| District court, South East, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against Hero Solar Energy Pvt. Ltd. | Disposed |
To see the full case history of Inca Ventures 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.
Credit ratings & regulatory alerts
Inca Ventures Private Limited was last rated by Crisil on 17 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Oct 2019 |
To see the full credit ratings and regulatory alerts of Inca Ventures Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Inca Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inca Ventures Private Limited has a workforce of 27 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Inca Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI0933R1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inca Ventures Private Limited, buy the company report.
Recent activity
Inca Ventures Private Limited has 8 board changes on record since 1993: 5 appointments and 3 cessations. The latest: Shashikant Nanalal Bhatt ceased to be Director on 23 Jan 2018.
26 earlier events are in the company report.
Frequently asked questions
Inca Ventures is an active private limited company based in Chennai, Tamil Nadu, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 June 1990 (36+ years old) and is registered under CIN U20292TN1990PTC019282.
Inca Ventures has 2 current directors:
- Dhananjay Shashikant Bhatt - Managing Director
- Mamta Dhananjay Bhatt - Director
The latest financial statements of Inca Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Inca Ventures is 33AAACI0933R1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Inca Ventures is U20292TN1990PTC019282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inca Ventures has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Inca Ventures was incorporated on 11 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.
Shashikant Nanalal Bhatt ceased to be Director on 23 Jan 2018. Chandra Kant Mohanlal Tolia ceased to be Director on 28 Nov 2014. Vimal Kumar Srisrimal ceased to be Director on 28 Nov 2014. Inca Ventures has 8 board changes on record in total.
Yes, Inca Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0005130).
Inca Ventures can be reached through the website incahammocks.com. Its registered office is in Chennai, Tamil Nadu, India.

