About Incrust Software Private Limited
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Incrust Software Private Limited is a private limited company based in Haveli, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2014PTC152898. Its GSTIN is 27AADCI6763N1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mangesh Bhatu Borse and Vasudha Nandkumar Kulkarni.
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 Haveli, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.32 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹12.17 Lakh (net margin 5.2%) and EBITDA of ₹30.32 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 9% over five years.
The company is associated with 1 brand: Incrust Software.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incrustsoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAcharya House 207 Sr No. 19/12/A, Deshmukh Nagar Bavdhan Khurd, Haveli, Maharashtra, India – 411021
- IndustryInformation Technology, Software Development & Support Services, Application Development & Software Solutions
- 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 Incrust Software Private Limited
The main business activity of Incrust Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 Incrust Software Private Limited FY 2025 filings available
Incrust Software Private Limited reported revenue of ₹2.32 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Incrust Software Private Limited
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 56% 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 Incrust Software 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 | ₹30.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.17 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 Incrust Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 Incrust Software are in the company report.
Financial statements from 2015
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 Incrust Software Private Limited
Incrust Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Loremine Technologies Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| HTS Solutions Private Limited | •••• | •••• | •••• | •••• | - | Dadri, Uttar Pradesh, India |
| Exelium Infocare Private Limited | •••• | •••• | •••• | •••• | - | Hamirpur, Himachal Pradesh, India |
| Abmiro Solutions Private Limited | •••• | •••• | •••• | •••• | 20 | Haveli, Maharashtra, India |
| South Hold Contracting Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Incrust Software Private Limited this company | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
| Sudesi Infotech Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Converge Infocomm Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Alpere Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Telepresenz Smart Operations Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Wizard Communications Private Limited | •••• | •••• | •••• | •••• | 21 | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Incrust Software by revenue in the Information Technology industry (Application Development, Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Incrust Software Private Limited
Incrust Software Private Limited is audited by P M BORSE & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P M BORSE & CO | 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 Incrust Software Private Limited
Incrust Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangesh Bhatu Borse Also directs: Treemiti Solutions LLP | Director | 22 Oct 2014 | 11 Years 11 Months | Current |
| Vasudha Nandkumar Kulkarni | Director | 22 Oct 2014 | 11 Years 11 Months | Current |
Ownership and Shareholding of Incrust Software 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 Incrust Software Private Limited
Incrust Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Incrust Software Private Limited
Incrust Software operates one associated brand: Incrust Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development and consulting services for technology industries. | incrustsoftware.com |
Employees and EPFO Compliance at Incrust Software Private Limited
Employment history and EPFO contributions of people linked to Incrust Software.
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.
Recent Activity on Incrust Software Private Limited
Incrust Software Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Mangesh Bhatu Borse was appointed as Director on 22 Oct 2014.
Credit Ratings, Litigation & Regulatory Alerts for Incrust Software 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 Incrust Software 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 Incrust Software 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 Incrust Software Private Limited
Incrust Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI6763N1ZY | Maharashtra | 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.
MCA Filings & Documents of Incrust Software 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 Incrust Software Private Limited
Incrust Software is an active private limited company based in Haveli, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 22 October 2014 (12+ years old) and is registered under CIN U72900PN2014PTC152898.
Incrust Software reported revenue of ₹2.32 Cr for FY 2025 (down 38% YoY).
Incrust Software has 2 current directors:
- Mangesh Bhatu Borse - Director
- Vasudha Nandkumar Kulkarni - Director
Incrust Software reported a net profit of ₹12.17 Lakh (net margin 5.2%) and EBITDA of ₹30.32 Lakh (EBITDA margin 13%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Incrust Software is -2% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Incrust Software is 27AADCI6763N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Incrust Software is U72900PN2014PTC152898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incrust Software was incorporated on 22 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Incrust Software by revenue are Loremine Technologies Private Limited, HTS Solutions Private Limited, Exelium Infocare Private Limited, Abmiro Solutions Private Limited, South Hold Contracting Private Limited and 5 more, all in the Information Technology industry (Application Development, Software Services).
Mangesh Bhatu Borse was appointed as Director on 22 Oct 2014. Vasudha Nandkumar Kulkarni was appointed as Director on 22 Oct 2014.
Incrust Software can be reached through the website incrustsoftware.com. Its registered office is in Haveli, Maharashtra, India.