About Incap Limited
Data last updated: 24 December 2025
Incap Limited is a public limited company based in Andhra Pradesh, Andhra Pradesh, India. It specialises in electronic components and equipment manufacturing, a part of the broader technology and IT services sector. Incorporated on 21 May 1990, the company has been in operation for over 36 years.
Registered with ROC Vijayawada under CIN L32101AP1990PLC011311. Listed on BSE: 517370.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.13 Cr. Formerly known as Incap Capacitor Limited. It is led by directors including Neelima Challagulla and Ramrao Paturu.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1 – 58 Nidamanuruvijayawada Krishna, Andhra Pradesh, Andhra Pradesh, India – 521104.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.77 Cr, a growth of 67% compared to the previous year.
The company has a workforce of approximately 68 employees as per the latest available data.
The company is associated with 2 brands - Incap Limited, Incap Ltd. As per MCA filings, the company has open charges of ₹38.8 Cr and satisfied charges of ₹2.81 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incaplimited.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address1 – 58 Nidamanuruvijayawada Krishna, Andhra Pradesh, Andhra Pradesh, India – 521104
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IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Incap Limited
Incap Limited operates two associated brands: Incap Limited and Incap Ltd. These brands represent Incap Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of electronic and electrical products in India. | incaplimited.in | |
| Limited information available | incapltd.com |
Business Activity of Incap Limited
Incap Limited is engaged in multiple principal business activities such as manufacturing, trade, and professional, scientific and technical, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, wholesale trading, other professional, scientific and technical activities. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | ********* |
| G | Trade | G1 | Wholesale Trading | ********* |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | ********* |
Auditor Details of Incap Limited
Incap Limited is audited by UMAMAHESWARA RAO & CO (ICAI peer reviewed, certificate valid till 2028-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| UMAMAHESWARA RAO & CO (ICAI peer reviewed, certificate valid till 2028-10-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Incap Limited
Incap Limited is currently managed by 6 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Neelima Challagulla
Also directs:
Greenz Projects Private Limited
|
Managing Director | 25 Jul 2009 | 16 Years 11 Months | Current |
| Ramrao Paturu | Director | 16 Dec 1991 | 34 Years 6 Months | Current |
| Himabindu Pamulapati | Director | 17 Jun 2013 | 13 Years 0 Months | Current |
|
Bhagavantha Rao Challagulla
Also directs:
Greenz Projects Private Limited
|
Nodal Officer | 19 Sep 2020 | 5 Years 9 Months | Current |
| Rakesh Challagulla | Director | 25 May 2024 | 2 Years 1 Months | Current |
Financials of Incap Limited FY 2026 filings available
Incap Limited reported revenue of ₹31.67 Cr (down 5.69% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹31.67 Cr | ₹33.58 Cr | ₹19.36 Cr | ₹21.06 Cr | ₹23.16 Cr | ₹20.91 Cr | ₹38.33 Cr | ₹20.58 Cr |
| Other Income | ₹13.67 Lakh | ₹19.19 Lakh | ₹87.81 Lakh | ₹1.02 Cr | ₹1.18 Cr | ₹1.22 Cr | ₹89.36 Lakh | ₹1.05 Cr |
| Total Income | ₹31.8 Cr | ₹33.77 Cr | ₹20.24 Cr | ₹22.08 Cr | ₹24.34 Cr | ₹22.13 Cr | ₹39.22 Cr | ₹21.63 Cr |
| Cost of Materials Consumed | ₹23.47 Cr | ₹15.25 Cr | ₹10.81 Cr | ₹11.1 Cr | ₹9.91 Cr | ₹8.68 Cr | ₹8.67 Cr | ₹13.21 Cr |
| Purchases of Stock-in-Trade | ₹1.99 Cr | ₹11.33 Cr | ₹2.9 Cr | ₹57.32 Lakh | ₹2.62 Cr | ₹1.74 Cr | ₹65.66 Lakh | ₹2.81 Lakh |
| Changes in Inventories | ₹18.41 Lakh | ₹33.23 Lakh | -₹78.23 Lakh | ₹37.15 Lakh | -₹3.28 Lakh | -₹25.3 Lakh | ₹1.06 Cr | -₹63.14 Lakh |
| Employee Benefit Expense | ₹2.37 Cr | ₹2.48 Cr | ₹1.95 Cr | ₹1.91 Cr | ₹1.86 Cr | ₹1.77 Cr | ₹1.97 Cr | ₹1.96 Cr |
| Finance Costs | ₹33.43 Lakh | ₹45.68 Lakh | ₹17.35 Lakh | ₹18.35 Lakh | ₹16.11 Lakh | ₹14.04 Lakh | ₹50.05 Lakh | ₹32.21 Lakh |
| Depreciation & Amortisation | ₹50.32 Lakh | ₹38.22 Lakh | ₹38.29 Lakh | ₹39.14 Lakh | ₹44.03 Lakh | ₹47.22 Lakh | ₹45.49 Lakh | ₹44.76 Lakh |
| Other Expenses | ₹2.45 Cr | ₹2.5 Cr | ₹3.89 Cr | ₹6.66 Cr | ₹8.22 Cr | ₹8.9 Cr | ₹25.3 Cr | ₹4.92 Cr |
| Total Expenses | ₹31.29 Cr | ₹32.73 Cr | ₹19.32 Cr | ₹21.19 Cr | ₹23.18 Cr | ₹21.44 Cr | ₹38.62 Cr | ₹20.26 Cr |
| Profit Before Exceptional Items & Tax | ₹51.15 Lakh | ₹1.05 Cr | ₹92.05 Lakh | ₹89.12 Lakh | ₹1.16 Cr | ₹68.18 Lakh | ₹59.87 Lakh | ₹1.37 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹51.15 Lakh | ₹1.05 Cr | ₹92.05 Lakh | ₹89.12 Lakh | ₹1.16 Cr | ₹68.18 Lakh | ₹59.87 Lakh | ₹1.37 Cr |
| Total Tax Expense | ₹17.44 Lakh | ₹24.59 Lakh | ₹25.08 Lakh | ₹22.8 Lakh | ₹35.42 Lakh | ₹9.71 Lakh | ₹15.88 Lakh | ₹39.83 Lakh |
| Net Profit | ₹33.71 Lakh | ₹79.95 Lakh | ₹66.97 Lakh | ₹66.32 Lakh | ₹80.25 Lakh | ₹58.47 Lakh | ₹43.99 Lakh | ₹97.17 Lakh |
| Other Comprehensive Income | ₹1.44 Lakh | -₹11.16 Lakh | -₹6.13 Lakh | ₹0 | ₹5.4 Lakh | ₹5.79 Lakh | -₹20.34 Lakh | -₹1.71 Lakh |
| Total Comprehensive Income | ₹35.15 Lakh | ₹68.79 Lakh | ₹60.84 Lakh | ₹66.32 Lakh | ₹85.65 Lakh | ₹64.26 Lakh | ₹23.65 Lakh | ₹95.46 Lakh |
| EBITDA (computed) | ₹1.35 Cr | ₹1.88 Cr | ₹1.48 Cr | ₹1.47 Cr | ₹1.76 Cr | ₹1.29 Cr | ₹1.55 Cr | ₹2.14 Cr |
| Basic EPS | ₹0.00 | ₹1.56 | ₹0.00 | ₹1.29 | ₹1.56 | ₹1.14 | ₹0.86 | ₹1.89 |
| Diluted EPS | ₹0.00 | ₹1.56 | ₹0.00 | ₹1.29 | ₹1.56 | ₹1.14 | ₹0.86 | ₹1.89 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹27.63 Cr | ₹29.94 Cr | ₹27.43 Cr | ₹28.09 Cr | ₹29.34 Cr | ₹36.35 Cr | ₹35.55 Cr | ₹24.57 Cr |
| Non-current Assets | ₹9.53 Cr | ₹10.03 Cr | ₹5.77 Cr | ₹6.03 Cr | ₹5.89 Cr | ₹6.67 Cr | ₹12.32 Cr | ₹13.18 Cr |
| Current Assets | ₹18.1 Cr | ₹19.92 Cr | ₹21.67 Cr | ₹22.06 Cr | ₹23.45 Cr | ₹29.68 Cr | ₹23.23 Cr | ₹11.39 Cr |
| Property, Plant & Equipment | ₹6.84 Cr | ₹7.33 Cr | ₹3.43 Cr | ₹3.67 Cr | ₹3.49 Cr | ₹4.19 Cr | ₹4.65 Cr | ₹4.95 Cr |
| Inventories | ₹6.17 Cr | ₹2.29 Cr | ₹2.87 Cr | ₹2.01 Cr | ₹2.31 Cr | ₹2.13 Cr | ₹1.51 Cr | ₹3.3 Cr |
| Trade Receivables | ₹7.44 Cr | ₹14.2 Cr | ₹9.81 Cr | ₹6.22 Cr | ₹5.64 Cr | ₹8.11 Cr | ₹7.14 Cr | ₹4.98 Cr |
| Cash & Equivalents | ₹2.74 Cr | ₹3.06 Cr | ₹8.13 Cr | ₹12.65 Cr | ₹14.84 Cr | ₹17.87 Cr | ₹13.67 Cr | ₹2.85 Cr |
| Equity (Net Worth) | ₹16.05 Cr | ₹16.25 Cr | ₹16.07 Cr | ₹15.98 Cr | ₹15.83 Cr | ₹15.48 Cr | ₹15.35 Cr | ₹15.12 Cr |
| Equity Share Capital | ₹5.13 Cr | ₹5.13 Cr | ₹5.13 Cr | ₹5.13 Cr | ₹5.13 Cr | ₹5.13 Cr | ₹5.13 Cr | ₹5.13 Cr |
| Borrowings (Non-current) | ₹31.39 Lakh | ₹75.96 Lakh | ₹36.5 Lakh | ₹50.83 Lakh | ₹1.11 Cr | ₹1.23 Cr | ₹49.38 Lakh | ₹68.89 Lakh |
| Borrowings (Current) | ₹50.43 Lakh | ₹4.63 Cr | ₹2.39 Cr | ₹68.66 Lakh | ₹76.85 Lakh | ₹60.08 Lakh | ₹19.03 Lakh | ₹19.04 Lakh |
| Total Debt (computed) | ₹81.82 Lakh | ₹5.39 Cr | ₹2.75 Cr | ₹1.19 Cr | ₹1.88 Cr | ₹1.83 Cr | ₹68.41 Lakh | ₹87.93 Lakh |
| Current Liabilities | ₹10.98 Cr | ₹12.69 Cr | ₹10.71 Cr | ₹11.32 Cr | ₹12.13 Cr | ₹19.4 Cr | ₹19.38 Cr | ₹8.45 Cr |
| Total Liabilities | ₹11.58 Cr | ₹13.7 Cr | ₹11.36 Cr | ₹12.12 Cr | ₹13.52 Cr | ₹20.86 Cr | ₹20.19 Cr | ₹9.45 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹4.95 Cr | -₹2.11 Cr | -₹6.06 Cr | -₹1.04 Cr |
| Investing Cash Flow | -₹1.9 Lakh | -₹4.63 Cr | ₹66.84 Lakh | ₹23.13 Lakh |
| Financing Cash Flow | -₹5.25 Cr | ₹1.67 Cr | ₹86.99 Lakh | -₹1.38 Cr |
| Capital Expenditure | ₹1.5 Lakh | ₹4.28 Cr | ₹15.18 Lakh | ₹57.81 Lakh |
| Free Cash Flow (computed) | ₹4.93 Cr | -₹6.39 Cr | -₹6.21 Cr | -₹1.62 Cr |
| Dividends Paid | ₹51.33 Lakh | ₹51.33 Lakh | ₹51.33 Lakh | ₹51.33 Lakh |
| Net Change in Cash | -₹32.24 Lakh | -₹5.07 Cr | -₹4.52 Cr | -₹2.19 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8.19 Cr | ₹7.28 Cr | ₹6.23 Cr | ₹9.97 Cr | ₹4.94 Cr | ₹16.89 Cr | ₹7.09 Cr | ₹4.66 Cr |
| Other Income | -₹2.51 Lakh | ₹12.97 Lakh | ₹3.14 Lakh | ₹7,000 | ₹18.91 Lakh | ₹28,000 | -₹48,000 | ₹48,000 |
| Total Income | ₹8.16 Cr | ₹7.41 Cr | ₹6.26 Cr | ₹9.97 Cr | ₹5.13 Cr | ₹16.89 Cr | ₹7.08 Cr | ₹4.67 Cr |
| Cost of Materials Consumed | ₹6.34 Cr | ₹4.35 Cr | ₹4.97 Cr | ₹7.82 Cr | ₹3.49 Cr | ₹4.16 Cr | ₹4.9 Cr | ₹2.69 Cr |
| Purchases of Stock-in-Trade | ₹0 | -₹3.26 Lakh | ₹1.99 Cr | ₹2.5 Lakh | -₹5.93 Lakh | ₹10.59 Cr | -₹30.48 Lakh | ₹1.11 Cr |
| Changes in Inventories | ₹49.33 Lakh | ₹1.64 Cr | -₹2.35 Cr | ₹40.69 Lakh | ₹5.19 Lakh | ₹42.51 Lakh | ₹59.52 Lakh | -₹73.99 Lakh |
| Employee Benefit Expense | ₹67.42 Lakh | ₹57.07 Lakh | ₹53.47 Lakh | ₹58.71 Lakh | ₹70.96 Lakh | ₹49.53 Lakh | ₹48 Lakh | ₹45.83 Lakh |
| Finance Costs | ₹2.35 Lakh | ₹4.72 Lakh | ₹13.76 Lakh | ₹12.6 Lakh | ₹18.24 Lakh | ₹17.86 Lakh | ₹7.06 Lakh | ₹2.52 Lakh |
| Depreciation & Amortisation | ₹12.56 Lakh | ₹12.6 Lakh | ₹16.75 Lakh | ₹8.4 Lakh | ₹11.43 Lakh | ₹8.96 Lakh | ₹8.99 Lakh | ₹8.84 Lakh |
| Other Expenses | ₹65.18 Lakh | ₹57.88 Lakh | ₹59.3 Lakh | ₹62.25 Lakh | ₹47.15 Lakh | ₹75.37 Lakh | ₹79.66 Lakh | ₹81.41 Lakh |
| Total Expenses | ₹8.31 Cr | ₹7.27 Cr | ₹6.04 Cr | ₹9.67 Cr | ₹4.96 Cr | ₹16.69 Cr | ₹6.63 Cr | ₹4.44 Cr |
| Profit Before Exceptional Items & Tax | -₹14.83 Lakh | ₹13.88 Lakh | ₹22.12 Lakh | ₹29.99 Lakh | ₹16.58 Lakh | ₹19.65 Lakh | ₹45.34 Lakh | ₹22.98 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹14.83 Lakh | ₹13.88 Lakh | ₹22.12 Lakh | ₹29.99 Lakh | ₹16.58 Lakh | ₹19.65 Lakh | ₹45.34 Lakh | ₹22.98 Lakh |
| Total Tax Expense | ₹17.44 Lakh | ₹0 | ₹0 | ₹0 | ₹24.59 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹32.27 Lakh | ₹13.88 Lakh | ₹22.12 Lakh | ₹29.99 Lakh | -₹8.01 Lakh | ₹19.65 Lakh | ₹45.34 Lakh | ₹22.98 Lakh |
| Other Comprehensive Income | ₹1.44 Lakh | ₹0 | ₹0 | ₹0 | -₹11.16 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹30.83 Lakh | ₹13.88 Lakh | ₹22.12 Lakh | ₹29.99 Lakh | -₹19.17 Lakh | ₹19.65 Lakh | ₹45.34 Lakh | ₹22.98 Lakh |
| EBITDA (computed) | ₹8,000 | ₹31.2 Lakh | ₹52.63 Lakh | ₹50.99 Lakh | ₹46.25 Lakh | ₹46.47 Lakh | ₹61.39 Lakh | ₹34.34 Lakh |
| Basic EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹1.56 | ₹0.00 | ₹0.00 | ₹0.00 |
| Diluted EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹1.56 | ₹0.00 | ₹0.00 | ₹0.00 |
Shareholding Pattern of Incap Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 66.91%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 33.09% of Incap Limited. The company had 3,333 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 66.91% | 66.91% | 66.91% | 66.91% | 66.91% | 66.91% |
| Public | 33.09% | 33.09% | 33.09% | 33.09% | 33.09% | 33.09% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 66.91% | 66.91% | 66.91% |
| Public | 33.09% | 33.09% | 33.09% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Incap Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2024 | Others | ₹1.12 Cr | Open |
| 16 Sep 2009 | State Bank of India | ₹2.36 Cr | Open |
| 22 Dec 2004 | State Bank of India | ₹6.27 Cr | Open |
| 05 Feb 2002 | State Bank of India | ₹6.3 Cr | Open |
| 07 Dec 2000 | State Bank of India | ₹6.3 Cr | Open |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Incap Limited
Incap Limited has a workforce of 68 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Incap Limited
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GST Compliance of Incap Limited
GSTIN & GST Filing Data of Incap Limited
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Credit Ratings, Litigation & Regulatory Alerts for Incap Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Incap Limited
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MSME Payment Delays by Incap Limited
MSME Payment Delays by Incap Limited
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Subsidiaries & Group Companies of Incap Limited
Subsidiaries & Group Companies of Incap Limited
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MCA Filings & Documents of Incap Limited
MCA Filings & Documents of Incap Limited
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Recent Activity on Incap Limited
Frequently Asked Questions about Incap Limited
Incap Limited is an active public limited company in the information technology sector based in Andhra Pradesh, Andhra Pradesh, India. It was incorporated on 21 May 1990 (36+ years old) and is registered under CIN L32101AP1990PLC011311. Listed on BSE: 517370. The company has 68 employees.
Incap Limited reported revenue of ₹33.77 Cr for FY 2025 (up 67.00% YoY).
The current directors of Incap Limited are:
- Neelima Challagulla
- Ramrao Paturu
- Anni Ramesh
- Bhagavantha Rao Challagulla
- Himabindu Pamulapati
- Rakesh Challagulla
The primary industry of Incap Limited is information technology. The company specifically operates in electronic components and equipment manufacturing. The company is currently active in this sector.
Yes. Incap Limited is listed on BSE with code 517370.
Incap Limited can be reached at the registered office: 1 – 58 Nidamanuruvijayawada Krishna, Andhra Pradesh, Andhra Pradesh, India – 521104, or through the website incaplimited.com.