
Incarnate Enterprises Private Limited
About Incarnate Enterprises Private Limited
Data last updated:
Incarnate Enterprises Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2021PTC200964. Its GSTIN is 27AAGCI1417E1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shekhar Agrawal and Manju Agarwal.
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 C/O. Shekhar Agarwal Edden Towers B4/ 704 Wakad, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.59 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹20.38 Lakh (net margin -66.6%) and EBITDA of -₹6.98 Lakh (EBITDA margin -22.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Company details
Contact details
Incarnate Enterprises Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O. Shekhar Agarwal Edden Towers B4/ 704 Wakad, Pune, Maharashtra, India – 411057
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Incarnate Enterprises 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
Business activity
The main business activity of Incarnate Enterprises is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Incarnate Enterprises Private Limited, buy the company report.
Financials of Incarnate Enterprises Private Limited
FY 2025 filings availableIncarnate Enterprises Private Limited reported revenue of ₹30.59 Lakh (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 153% 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 |
|---|---|---|---|---|
| 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 | -₹6.98 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹20.38 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -22.8% | |||
| Net Profit Margin | -66.6% | |||
| 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 Incarnate Enterprises Private Limited, buy the company report.
Board of directors of Incarnate Enterprises Private Limited
Incarnate Enterprises has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Agrawal | Director | 13 May 2021 | 5 Years 5 Months | Current |
| Manju Agarwal | Director | 13 May 2021 | 5 Years 5 Months | Current |
| Mohit Agrawal | Director | 16 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Incarnate Enterprises Private Limited is audited by O A DEWANI AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O A DEWANI AND CO | FY 2023 | 134849W |
Shareholding
The shareholding of Incarnate Enterprises Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Incarnate Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Incarnate Enterprises Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Incarnate Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Incarnate Enterprises Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Incarnate Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI1417E1ZX | Maharashtra | Active | 27 Apr 2022 |
To see the full GST registrations and return filing status of Incarnate Enterprises Private Limited, buy the company report.
Recent activity
Incarnate Enterprises Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Mohit Agrawal ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Incarnate Enterprises is an active private limited company based in Pune, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 May 2021 (5+ years old) and is registered under CIN U74999PN2021PTC200964.
Incarnate Enterprises has 3 current directors:
- Shekhar Agrawal - Director
- Manju Agarwal - Director
- Mohit Agrawal - Director
The latest financial statements of Incarnate Enterprises 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 FY 2022 are in the company report.
The GSTIN of Incarnate Enterprises is 27AAGCI1417E1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Incarnate Enterprises is U74999PN2021PTC200964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incarnate Enterprises was incorporated on 13 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
Mohit Agrawal ceased to be Additional Director on 29 Sep 2024. Mohit Agrawal was appointed as Director on 16 Dec 2023. Manju Agarwal was appointed as Director on 13 May 2021. Incarnate Enterprises has 4 board changes on record in total.
The registered office of Incarnate Enterprises is at CO. Shekhar Agarwal Edden Towers B4 704 Wakad, Pune, Maharashtra, India – 411057.
Incarnate Enterprises operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Incarnate Enterprises can be reached at its registered office: CO. Shekhar Agarwal Edden Towers B4 704 Wakad, Pune, Maharashtra, India – 411057.

