About Incapsulate India Private Limited
Data last updated:
Incapsulate India Private Limited is a foreign private limited company based in Seri Lingampally, Telangana, India, a subsidiary of Incapsulate Llc, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017FTC118142. Its GSTIN is 24AAECI5558E1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Raghavan T Iyer and Puneet Ramjilal Bhardwaj.
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Seri Lingampally, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.47 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹52.51 Cr and EBITDA of -₹38.3 Lakh (EBITDA margin -15.5%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 30% over five years.
The company has about 194 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Incapsulate.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website incapsulate.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Kapil Towers Financial District, Gachibowli, Seri Lingampally, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Incapsulate India Private Limited
Incapsulate India operates one associated brand: Incapsulate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Management and technology consulting services are provided to clients. | incapsulate.com |
Competitors & Alternatives of Incapsulate India Private Limited
Brands and companies operating in the same space as Incapsulate India Private Limited include Aethereus, ABSYZ, Silverline and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Aethereus | Salesforce consulting services are provided with platform expertise. | Dallas, United States | 2019 |
 ABSYZ | Salesforce implementation and digital engineering services are provided. | Wixom, United States | 2011 |
 Silverline | Cloud-based Salesforce solution development services are provided. | New York, United States | 2010 |
 Ceptes | Salesforce encryption and file storage solutions are provided by Ceptes. | Bengaluru, India | 2010 |
 Nextview | Salesforce implementation services are provided by Nextview. | Amsterdam, Netherlands | 2009 |
 Eagle Creek | Salesforce implementation services are provided by Eagle Creek. | Eden Prairie, United States | 1999 |
 SPAR Solutions | Offers Salesforce implementation, AI services, and cloud consulting for enterprises. | Atlanta, United States | 2003 |
 Coastal Cloud | Salesforce consultancy and IT services are provided. | Palm Coast, United States | 2012 |
Business Activity of Incapsulate India Private Limited
The main business activity of Incapsulate India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Incapsulate India Private Limited
Incapsulate India Private Limited is audited by M N & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Incapsulate India Private Limited
Incapsulate India 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 |
|---|---|---|---|---|
| Raghavan T Iyer | Director | 21 Nov 2023 | 2 Years 10 Months | Current |
| Puneet Ramjilal Bhardwaj | Director | 11 Aug 2017 | 9 Years 1 Months | Current |
| Bhanu Bangalore Raghavan | Additional Director | 13 Oct 2025 | 0 Years 11 Months | Current |
Financials of Incapsulate India Private Limited FY 2025 filings available
Incapsulate India Private Limited reported revenue of ₹2.47 Cr (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Incapsulate India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 95% fall in the latest year. EBITDA fell 108% 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 of Incapsulate India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹38.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹52.51 Cr | •••• | •••• | •••• | •••• |
| 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 of Incapsulate India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Incapsulate India are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Incapsulate India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Incapsulate India Private Limited
Incapsulate India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Incapsulate India Private Limited
Incapsulate India Private Limited has a workforce of 194 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Incapsulate India Private Limited
Incapsulate India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECI5558E1ZN | Gujarat | Active | 05 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Incapsulate India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Incapsulate India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Incapsulate India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Incapsulate India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Incapsulate India Private Limited
Frequently Asked Questions about Incapsulate India Private Limited
Incapsulate India is an active foreign private limited company based in Seri Lingampally, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 July 2017 (9+ years old) and is registered under CIN U72900TG2017FTC118142.
Incapsulate India reported revenue of ₹2.47 Cr for FY 2025 (down 95% YoY).
Incapsulate India has 3 current directors:
- Raghavan T Iyer - Director
- Puneet Ramjilal Bhardwaj - Director
- Bhanu Bangalore Raghavan - Additional Director
Incapsulate India reported a net profit of ₹52.51 Cr and EBITDA of -₹38.3 Lakh (EBITDA margin -15.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Incapsulate India is -54% over three years and -30% over five years. In the latest year (FY 2025) revenue fell 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Incapsulate India is 24AAECI5558E1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Incapsulate India is U72900TG2017FTC118142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incapsulate India was incorporated on 07 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Incapsulate India can be reached through the website incapsulate.com. Its registered office is in Seri Lingampally, Telangana, India.