- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-09-0034581

About Incor Lake City Projects Private Limited
Data last updated:
Incor Lake City Projects Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Incor Infrastructure Private Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45100TG2010PTC066744. Its GSTIN is 36AACCI2481G1ZO (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Incor Power Private Limited. It is led by directors including Shrihari Pulagam and Suryanarayana Reddy Pulagam.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹139.8 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net loss of ₹28.99 Cr (net margin -20.7%) and EBITDA of -₹26.23 Cr (EBITDA margin -18.8%). Revenue has grown at a compounded annual rate (CAGR) of 160% over five years.
The company has about 82 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: INCOR Lake City and INCOR. As per MCA filings, the company has open charges of ₹497.71 Cr and satisfied charges of ₹1,338.26 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 5 cases are pending. The company has 2 deals on record (2 convertible or debt financings), with disclosed funding of ₹1.75 Cr; the latest was in December 2020. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
Incor Lake City Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0034581). 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.
Company details
CIN history
Incor Lake City Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45100TG2010PTC066744, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100TG2010PTC066744 | Current |
| U40108AP2010PTC066744 | Previous |
| U40108TG2010PTC066744 | Previous |
Recognitions & Rankings of Incor Lake City Projects
Contact details
Incor Lake City Projects Private Limited's registered office is in Hyderabad, Telangana. Its website is incor.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH. No. C – 1 To C – 5 Block B 3rd Floor Guttalabegumpet, Kavuri Incor9 Kavuri Hills Madhapur, Hyderabad, Telangana, India – 500033
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Incor Lake City Projects 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
Brands
Incor Lake City Projects operates two associated brands: INCOR Lake City and INCOR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for residential apartments. | incorlakecity.com | |
| Residential, commercial, healthcare real estate, and hospitality are developed. | incor.in |
Business activity
The main business activity of Incor Lake City Projects is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Incor Lake City Projects Private Limited, buy the company report.
Financials of Incor Lake City Projects Private Limited
FY 2025 filings availableIncor Lake City Projects Private Limited reported revenue of ₹139.8 Cr (up 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 160% over five years, including 77% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹139.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹26.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.99 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.8% | ||||
| Net Profit Margin | -20.7% | ||||
| 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 Incor Lake City Projects Private Limited, buy the company report.
Board of directors of Incor Lake City Projects Private Limited
Incor Lake City Projects has 3 current directors and 5 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 Infrastructure Private Limited and 5 more | Director | 02 Feb 2026 | 0 Years 9 Months | Current |
| Suryanarayana Reddy Pulagam | Director | 04 Apr 2018 | 8 Years 7 Months | Current |
| Srinivas Vinti Also directs: Woodsbury Ventures LLP, Sepulveda Fund Management Services Private Limited, Incor Chennai Projects Two Private Limited and 5 more | Director | 20 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Incor Lake City Projects Private Limited is audited by Jayant & Sadashiv for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayant & Sadashiv | FY 2024 | 001297S |
Shareholding
The shareholding of Incor Lake City Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Incor Lake City Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2026 | 101343671 | Others | ₹290 Cr | Open | |
| 30 Mar 2026 | 101277399 | Others | ₹140 Cr | Open | |
| 21 Mar 2025 | 101077361 | Others | ₹2.18 Cr | Open | |
| 21 Mar 2025 | 101077368 | Others | ₹7.5 Cr | Open | |
| 25 Feb 2025 | 101062770 | Others | ₹2.5 Cr | Open |
To see the full charge records of Incor Lake City Projects Private Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Incor Lake City Projects Private Limited has 2 deals on record (2 convertible or debt financings), with disclosed funding of ₹1.75 Cr; the latest was in December 2020.
To see the full deal history of Incor Lake City Projects Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Incor Lake City Projects Private Limited has 5 court cases on record: 3 filed by Incor Lake City Projects, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 4 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Asian Granito India Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Godrej Properties Limited | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Industrial Infrastructure Corporation Ltd. and 2 others | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against M/S. Big TV | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against M/S. Mana Toli Velugu TV and Others | Pending |
To see the full case history of Incor Lake City Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Incor Lake City Projects Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Incor Lake City Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Incor Lake City Projects has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ingrow Hospitality Private Limited | U70109TG2019PTC133640 |
To see the full group structure of Incor Lake City Projects Private Limited, buy the company report.
Employees & EPFO
Incor Lake City Projects Private Limited has a workforce of 82 employees on its EPFO records as of Oct 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 82 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Incor Lake City Projects Private Limited, buy the company report.
GST
Incor Lake City Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCI2481G1ZO | Telangana | Active | 07 May 2018 |
To see the full GST registrations and return filing status of Incor Lake City Projects Private Limited, buy the company report.
Recent activity
Incor Lake City Projects Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Shrihari Pulagam was appointed as Director on 02 Feb 2026.
55 earlier events are in the company report.
News
Frequently asked questions
Incor Lake City Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 January 2010 (16+ years old) and is registered under CIN U45100TG2010PTC066744.
Incor Lake City Projects has 3 current directors:
- Shrihari Pulagam - Director
- Suryanarayana Reddy Pulagam - Director
- Srinivas Vinti - Director
The latest financial statements of Incor Lake City Projects 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 2015 are in the company report.
The GSTIN of Incor Lake City Projects is 36AACCI2481G1ZO, registered in Telangana.
The CIN (Corporate Identification Number) of Incor Lake City Projects is U45100TG2010PTC066744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incor Lake City Projects has 5 court cases on record: 3 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Incor Lake City Projects was incorporated on 20 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
Incor Lake City Projects has 2 deals on record (2 convertible or debt financings), with disclosed funding of ₹1.75 Cr; the latest was in December 2020.
Shrihari Pulagam was appointed as Director on 02 Feb 2026. Srinivas Vinti was appointed as Director on 20 Jan 2026. Santosh Suresh Karhadkar ceased to be Nominee Director on 26 Feb 2021. Incor Lake City Projects has 8 board changes on record in total.
Yes, Incor Lake City Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-09-0034581).
Incor Lake City Projects has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 26 Apr 2024.

