
About Incresol Engineering Solutions Private Limited
Data last updated:
Incresol Engineering Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 20 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC084220. Its GSTIN is 29AADCI9891D1Z4 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.14 Cr. It is led by directors including Rajanna Siddaiah and Chandra Shekar Rajanna.
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 #319 Ct Bed Opp. Bbmp Ward Office Thyagarajanagar 3rd Block, Bangalore, Karnataka, India – 560028.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.46 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹55.61 Lakh (net margin 2.1%) and EBITDA of ₹2.53 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 39% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Incresol Engineering Solutions. As per MCA filings, the company has open charges of ₹5.16 Cr and satisfied charges of ₹7.41 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 incresol-es.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#319 Ct Bed Opp. Bbmp Ward Office Thyagarajanagar 3rd Block, Bangalore, Karnataka, India – 560028
- IndustryEngineering, Engineering Design & Consultancy
- 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 Incresol Engineering Solutions Private Limited
Incresol Engineering Solutions operates one associated brand: Incresol Engineering Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services in design, manufacturing, and consulting based in Bangalore, India. | incresol-es.com |
Business Activity of Incresol Engineering Solutions Private Limited
The main business activity of Incresol Engineering Solutions is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | 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 Incresol Engineering Solutions Private Limited
Incresol Engineering Solutions Private Limited is audited by K.S. MURALIDHAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.S. MURALIDHAR | 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 Incresol Engineering Solutions Private Limited
Incresol Engineering Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajanna Siddaiah | Director | 20 Nov 2015 | 10 Years 10 Months | Current |
| Chandra Shekar Rajanna Also directs: Harmony Spaces LLP | Director | 26 Aug 2019 | 7 Years 1 Months | Current |
| Chinmaya Also directs: Harmony Spaces LLP | Director | 12 Aug 2017 | 9 Years 1 Months | Current |
| Munihanumaiah Manjunath Also directs: Harmony Spaces LLP | Director | 06 Mar 2024 | 2 Years 7 Months | Current |
Financials of Incresol Engineering Solutions Private Limited FY 2024 filings available
Incresol Engineering Solutions Private Limited reported revenue of ₹26.46 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Incresol Engineering Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 9% 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 of Incresol Engineering Solutions 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 | ₹2.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55.61 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 of Incresol Engineering Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Incresol Engineering Solutions are in the company report.
Financial statements from FY 2016
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 Incresol Engineering Solutions 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 Incresol Engineering Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2025 | Hdfc Bank Limited | ₹20.01 Lakh | Open |
| 17 Oct 2023 | Sidbi | ₹1.49 Cr | Open |
| 15 Jun 2023 | Sidbi | ₹35.99 Lakh | Open |
| 04 Jan 2022 | Hdfc Bank Limited | ₹2.5 Cr | Open |
| 21 Sep 2021 | Others | ₹25.49 Lakh | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Incresol Engineering Solutions Private Limited
Incresol Engineering Solutions Private Limited has a workforce of 23 employees as of Apr 04, 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 Incresol Engineering Solutions Private Limited
Incresol Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI9891D1Z4 | Karnataka | Active | 01 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.
Credit Ratings, Litigation & Regulatory Alerts for Incresol Engineering Solutions 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 Incresol Engineering Solutions 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 Incresol Engineering Solutions 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 Incresol Engineering Solutions 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 Incresol Engineering Solutions Private Limited
Frequently Asked Questions about Incresol Engineering Solutions Private Limited
Incresol Engineering Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 20 November 2015 (11+ years old) and is registered under CIN U72200KA2015PTC084220.
Incresol Engineering Solutions reported revenue of ₹26.46 Cr for FY 2025 (up 9% YoY).
Incresol Engineering Solutions has 4 current directors:
- Rajanna Siddaiah - Director
- Chandra Shekar Rajanna - Director
- Chinmaya - Director
- Munihanumaiah Manjunath - Director
Incresol Engineering Solutions reported a net profit of ₹55.61 Lakh (net margin 2.1%) and EBITDA of ₹2.53 Cr (EBITDA margin 9.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Incresol Engineering Solutions is 21% over three years and 39% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Incresol Engineering Solutions is 29AADCI9891D1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Incresol Engineering Solutions is U72200KA2015PTC084220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incresol Engineering Solutions was incorporated on 20 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Incresol Engineering Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).