
About Incor Chennai Projects Two Private Limited
Data last updated:
Incor Chennai Projects Two Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Incor Infrastructure Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70109TG2017PTC115864. Its GSTIN is 33AAECI4227L1ZL (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25.1 Lakh. It is led by directors including Shrihari Pulagam and Suryanarayana Reddy Pulagam.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹29.46 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net loss of ₹10.85 Cr (net margin -36.8%) and EBITDA of -₹10.59 Cr (EBITDA margin -35.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The company has about 68 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: INCOR. As per MCA filings, the company has open charges of ₹16.89 Cr and satisfied charges of ₹71.6 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 incor.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor Vijetha Midas Touch Apts Sy No.6, White Field Road Kondapur, Hyderabad, Telangana, India – 500084
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Business Activity of Incor Chennai Projects Two Private Limited
The main business activity of Incor Chennai Projects Two is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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.
Financials of Incor Chennai Projects Two Private Limited FY 2024 filings available
Incor Chennai Projects Two Private Limited reported revenue of ₹29.46 Cr (up 79% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Incor Chennai Projects Two Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 79% growth in the latest year. EBITDA fell 91% 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 Incor Chennai Projects Two Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹29.46 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹10.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.85 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 Incor Chennai Projects Two Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -36.8% | •••• | •••• | •••• | •••• |
| 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 Incor Chennai Projects Two are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Incor Chennai Projects Two Private Limited
Incor Chennai Projects Two Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grayfield Infra Projects Private Limited | ₹29.51 Cr (FY 2019) | •••• | •••• | •••• | Loni, Uttar Pradesh, India | |
| Metroark Private Limited | ₹29.51 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Kolkata, West Bengal, India |
| BMB Developers Private Limited | ₹29.49 Cr (FY 2025) | •••• | •••• | 509.0% | •••• | New Delhi, Delhi, India |
| SS Buildtech Ventures Private Limited | ₹29.48 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Vikas Marg, Delhi, India |
| Goldenview Estates Private Limited | ₹29.47 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Incor Chennai Projects Two Private Limited this company | ₹29.46 Cr (FY 2023) | •••• | •••• | 79.0% | •••• | Hyderabad, Telangana, India |
| Gazy Mag Private Limited | ₹29.43 Cr (FY 2025) | •••• | •••• | -92.0% | •••• | Chennai, Tamil Nadu, India |
| Aarone Buildtech Private Limited | ₹29.43 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | New Delhi, Delhi, India |
| Braj Bhoomi Buildtech Private Limited | ₹29.42 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | New Delhi, Delhi, India |
| Baseline Projects & Constructions Private Limited | ₹29.41 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Kozhikode, Kerala, India |
| Om Sai Ganesh Builders and Developers Private Limited | ₹29.4 Cr (FY 2025) | •••• | •••• | 87660.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Incor Chennai Projects Two by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Incor Chennai Projects Two Private Limited
Incor Chennai Projects Two Private Limited is audited by JAYANT & SADASHIV for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYANT & SADASHIV | 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 Incor Chennai Projects Two Private Limited
Incor Chennai Projects Two has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrihari Pulagam Also directs: Woodsbury Ventures LLP, Ils Labs India Private Limited, Incor Lake City Projects Private Limited and 5 more | Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Suryanarayana Reddy Pulagam | Director | 14 Mar 2017 | 9 Years 6 Months | Current |
| Srinivas Vinti Also directs: Woodsbury Ventures LLP, Incor Lake City Projects Private Limited, Sepulveda Fund Management Services Private Limited and 5 more | Director | 10 Aug 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of Incor Chennai Projects Two 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 Incor Chennai Projects Two Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2025 | Others | ₹7.5 Cr | Open |
| 02 May 2023 | Idbi Trusteeship Services Limited | ₹9.39 Cr | Open |
| 30 Nov 2021 | Others | ₹2 Cr | Satisfied |
| 01 Apr 2021 | Others | ₹80 Lakh | Satisfied |
| 10 May 2018 | Others | ₹5 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Incor Chennai Projects Two Private Limited
Incor Chennai Projects Two Private Limited has a workforce of 68 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.
News related to Incor Chennai Projects Two Private Limited
Recent Activity on Incor Chennai Projects Two Private Limited
Incor Chennai Projects Two Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Shrihari Pulagam ceased to be Additional Director on 30 Sep 2022.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Incor Chennai Projects Two 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 Incor Chennai Projects Two 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 Incor Chennai Projects Two 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.
GST Compliance of Incor Chennai Projects Two Private Limited
Incor Chennai Projects Two has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECI4227L1ZL | Tamil Nadu | Active | 29 Jul 2017 |
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.
MCA Filings & Documents of Incor Chennai Projects Two 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.
Frequently Asked Questions about Incor Chennai Projects Two Private Limited
Incor Chennai Projects Two is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 March 2017 (9+ years old) and is registered under CIN U70109TG2017PTC115864.
Incor Chennai Projects Two reported revenue of ₹29.46 Cr for FY 2023 (up 79% YoY).
Incor Chennai Projects Two has 3 current directors:
- Shrihari Pulagam - Director
- Suryanarayana Reddy Pulagam - Director
- Srinivas Vinti - Director
Incor Chennai Projects Two reported a net loss of ₹10.85 Cr (net margin -36.8%) and EBITDA of -₹10.59 Cr (EBITDA margin -35.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Incor Chennai Projects Two is 30% over three years. In the latest year (FY 2023) revenue rose 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Incor Chennai Projects Two is 33AAECI4227L1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Incor Chennai Projects Two is U70109TG2017PTC115864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incor Chennai Projects Two was incorporated on 14 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Incor Chennai Projects Two by revenue are Grayfield Infra Projects Private Limited, Metroark Private Limited, BMB Developers Private Limited, SS Buildtech Ventures Private Limited, Goldenview Estates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Shrihari Pulagam ceased to be Additional Director on 30 Sep 2022. Srinivas Vinti ceased to be Additional Director on 30 Sep 2022. Srinivas Vinti was appointed as Director on 10 Aug 2022. Incor Chennai Projects Two has 9 board changes on record in total.
Incor Chennai Projects Two can be reached through the website incor.in. Its registered office is in Hyderabad, Telangana, India.