Inco Colours (India) P Ltde - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24220MH1993PTC074032 Incorporated 20 September 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2024
₹46.21 Cr
▼ 7% YoY
Net profit · FY 2024
₹44.6 Lakh
Net margin 1%
EBITDA · FY 2024
₹2.89 Cr
EBITDA margin 6.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹12.94 Lakh
Issued & subscribed
Open charges
₹16.91 Cr
Satisfied ₹36.05 Cr
Company age
33 yrs
Est. 1993
Directors on board
5
As per MCA filings

About Inco Colours (India) P Ltde

Data last updated:

Inco Colours (India) P Ltde is a private limited company based in Mumbai, Maharashtra, India. It operates in the colorants segment of the chemicals and materials sector. It was incorporated on 20 September 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1993PTC074032. Its GSTIN is 24AAACI2048F1Z2 (Gujarat).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.94 Lakh. It is led by directors including Vishakha Jagadishkumar Dholakia and Jagdish Kumudrai Dholakia.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9 Hem Niketan N S Road No 5 Juhu Scheme Vile Parle West, Mumbai, Maharashtra, India – 400056.

As per the financials filed for FY 2024, the company reported a revenue of ₹46.21 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹44.6 Lakh (net margin 1%) and EBITDA of ₹2.89 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.

As per MCA filings, the company has open charges of ₹16.91 Cr and satisfied charges of ₹36.05 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 incoindia.com.

Company details

CIN U24220MH1993PTC074032
Registration Number 074032
Incorporation Date 20 September 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Inco Colours (India) P Ltde's registered office is in Mumbai, Maharashtra. Its website is incoindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    9 Hem Niketan N S Road No 5 Juhu Scheme Vile Parle West, Mumbai, Maharashtra, India – 400056
  • Industry
    Chemicals and Materials, Colorants, Dyes & Pigments

To see the full contact details of Inco Colours (India) P Ltde, buy the company report.

Comprehensive company report
Inco Colours (India) P Ltde - one report that includes everything
  • 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
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Business activity

The main business activity of Inco Colours (India) P Ltde is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Inco Colours (India) P Ltde, buy the company report.

Financials of Inco Colours (India) P Ltde

FY 2024 filings available

Inco Colours (India) P Ltde reported revenue of ₹46.21 Cr (down 7% YoY) for FY 2024.

Revenue · FY 2024
₹46.21 Cr ▼ 7%
Net profit · FY 2024
₹44.6 Lakh margin 1%
EBITDA · FY 2024
₹2.89 Cr margin 6.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 9%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 1%
5 years · compounded
▼ 10%

Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 13% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.89 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹44.6 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.2%
Net Profit Margin1%
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 Inco Colours (India) P Ltde, buy the company report.

Board of directors of Inco Colours (India) P Ltde

Inco Colours (India) P Ltde has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vishakha Jagadishkumar DholakiaDirector08 Oct 201511 Years 0 MonthsCurrent
Jagdish Kumudrai DholakiaDirector20 Sep 199333 Years 1 MonthsCurrent
Ila Jagdish DholakiaDirector20 Sep 199333 Years 1 MonthsCurrent
Jagmeet Singh SabharwalDirector23 Aug 20179 Years 2 MonthsCurrent
Sheetal Jagmeet Singh SabharwalDirector08 Oct 201511 Years 0 MonthsCurrent

Auditor

Inco Colours (India) P Ltde is audited by Mr. Sriram Medepalli for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Mr. Sriram MedepalliFY 2023051535

Shareholding

The shareholding of Inco Colours (India) P Ltde is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Inco Colours (India) P Ltde, buy the company report.

Charges & borrowings

Open charges
₹16.91 Cr
Satisfied charges
₹36.05 Cr
Breakdown by lending institutions
Axis Bank Limited₹16.91 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Dec 2017100142572Axis Bank Limited₹16.91 CrOpen
07 Sep 2022100644775Others₹25 LakhSatisfied
08 Nov 2021100517122Others₹32.42 CrSatisfied
13 Jul 199890163740The Saraswat Co-Op Bank Ltd₹30 LakhSatisfied
02 Aug 199490162981The Saraswat Co-Op Bank Ltd₹56 LakhSatisfied

To see the full charge records of Inco Colours (India) P Ltde, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

Inco Colours (India) P Ltde has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 181 overdue payments to 28 micro and small suppliers. 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 (5 of 28)

SupplierAmount dueDue sinceReported on
Akshar Electric & Electronics
Patel Enterprise
Micro Alloy Steels
S.R. Chemicals
Max Spare Limited

To see the full MSME payment records of Inco Colours (India) P Ltde, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Inco Colours (India) P Ltde has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACI2048F1Z2GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Inco Colours (India) P Ltde, buy the company report.

Recent activity

Inco Colours (India) P Ltde has 7 board changes on record since 1993: 5 appointments and 2 cessations. The latest: Jagmeet Singh Sabharwal was appointed as Director on 23 Aug 2017.

Charges
A charge registered on 07 Sep 2022 via Charge ID 100644775 with Others was fully satisfied on 18 Jul 2025.
Charges
A charge registered on 08 Nov 2021 via Charge ID 100517122 with Others was fully satisfied on 18 Jul 2025.
AGM
Inco Colours (India) P Ltde last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Inco Colours (India) P Ltde has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100644775 was registered on 07 Sep 2022.
Charges
A charge with Axis Bank Limited of Rs. 1,691.00 Lakh registered on 14 Dec 2017 with Charge ID 100142572 was modified on 24 Jun 2022.
Charges
A charge with Others amounted to Rs. 3,242.00 Lakh with Charge ID 100517122 was registered on 08 Nov 2021.
Charges
A charge registered on 13 Jul 1998 via Charge ID 90163740 with The Saraswat Co-Op Bank Ltd was fully satisfied on 20 Jul 2018.
Charges
A charge registered on 02 Aug 1994 via Charge ID 90162981 with The Saraswat Co-Op Bank Ltd was fully satisfied on 20 Jul 2018.
Charges
A charge registered on 02 Aug 1994 via Charge ID 90166935 with The Saraswat Co-Op Bank Ltd was fully satisfied on 20 Jul 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,691.00 Lakh with Charge ID 100142572 was registered on 14 Dec 2017.
Appointed
Jagmeet Singh Sabharwal was appointed as Director.

12 earlier events are in the company report.

Frequently asked questions

Inco Colours (India) P Ltde is an active private limited company based in Mumbai, Maharashtra, India. The company works in colorants, within the chemicals and materials industry. It was incorporated on 20 September 1993 (33+ years old) and is registered under CIN U24220MH1993PTC074032.

Inco Colours (India) P Ltde has 5 current directors:

The latest financial statements of Inco Colours (India) P Ltde on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Inco Colours (India) P Ltde is 24AAACI2048F1Z2, registered in Gujarat.

The CIN (Corporate Identification Number) of Inco Colours (India) P Ltde is U24220MH1993PTC074032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Inco Colours (India) P Ltde was incorporated on 20 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

Jagmeet Singh Sabharwal was appointed as Director on 23 Aug 2017. Sheetal Jagmeet Singh Sabharwal ceased to be Additional Director on 30 Sep 2016. Vishakha Jagadishkumar Dholakia ceased to be Additional Director on 30 Sep 2016. Inco Colours (India) P Ltde has 7 board changes on record in total.

Inco Colours (India) P Ltde has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 181 overdue payments to 28 micro and small suppliers. The latest return was filed on 01 Nov 2023.

Inco Colours (India) P Ltde can be reached through the website incoindia.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Inco Colours (India) P Ltde is at 9 Hem Niketan N S Road No 5 Juhu Scheme Vile Parle West, Mumbai, Maharashtra, India – 400056.

Inco Colours (India) P Ltde operates in the chemicals and materials industry, in the colorants segment.