MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-08-0005134
Indcon Boilers Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36 Lakh
▼ 65% YoY
Net loss · FY 2024
₹79,811
Net margin -2.2%
EBITDA · FY 2024
-₹15,000
EBITDA margin -0.4%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹71.56 Lakh
Issued & subscribed
Company age
36 yrs
Est. 1990
Directors on board
4
As per MCA filings
Active GSTINs
1
of 2 registered
About Indcon Boilers Limited
Data last updated:
Indcon Boilers Limited is a public limited company based in New Delhi, Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 06 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1990PLC040737. Its GSTIN is 06AAACI0050P1ZP (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹71.56 Lakh. It is led by directors including Usha Rani Misra (Whole-Time Director) and Divya Misra.
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 D – 170 Okhla Industrialarea Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹36 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹79,811 (net margin -2.2%) and EBITDA of -₹15,000 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 17% over five years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
Indcon Boilers Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0005134). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indconboilers.net.
Company Details of Indcon Boilers Limited
CIN U74999DL1990PLC040737
Registration Number 040737
Incorporation Date 06 July 1990
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-08-0005134
Recognitions & Rankings of Indcon Boilers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 170 Okhla Industrialarea Phase – I, New Delhi, Delhi, India – 110020
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
Comprehensive company report
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Business Activity of Indcon Boilers Limited
The main business activity of Indcon Boilers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Indcon Boilers Limited FY 2025 filings available
Indcon Boilers Limited reported revenue of ₹36 Lakh (down 65% YoY) for FY 2024.
Revenue · FY 2024
₹36 Lakh ▼ 65%
Net loss · FY 2024
₹79,811 margin -2.2%
EBITDA · FY 2024
-₹15,000 margin -0.4%
Compounded Annual Growth Rate (CAGR) of Indcon Boilers Limited
Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 33%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 100%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 65% fall in the latest year. EBITDA fell 100% 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 Indcon Boilers Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹15,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹79,811 | •••• | •••• | •••• | •••• |
| 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 Indcon Boilers Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 Indcon Boilers are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Indcon Boilers Limited
Indcon Boilers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divya Misra Also directs: Psa Nitrogen Limited, Indcon Pharma Limited | Director | 01 Sep 2003 | 23 Years 1 Months | Current |
| Prabhas Narain Misra Also directs: Psa-Kc Desiccants LLP, Psa Nitrogen Limited, Psa Air Products (India) Private Limited and 3 more | Director | 06 Jul 1990 | 36 Years 3 Months | Current |
| Usha Rani Misra Also directs: Psa Nitrogen Limited, Psa Air Products (India) Private Limited, FGD Engineering Private Limited and 2 more | Whole-Time Director | 06 Jul 1990 | 36 Years 3 Months | Current |
| Siddharth Misra | Director | 15 Sep 2011 | 15 Years 1 Months | Current |
Peer Comparison of Indcon Boilers Limited
Indcon Boilers Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sha Technica Pvt Ltd. | ₹36.35 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Otech Industries Private Limited | ₹36.29 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Bilaspur, Chhattisgarh, India |
| Fabking Containers Private Limited | ₹36.18 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Delhi, India |
| Evyam Industries Private Limited | ₹36.05 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Kolkata, West Bengal, India |
| MGRV Enterprises Private Limited | ₹36 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Delhi, India |
| Indcon Boilers Limited this company | ₹36 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | New Delhi, Delhi, India |
| Shanti Hydrograce Private Limited | ₹35.94 Lakh (FY 2024) | •••• | •••• | •••• | Visnagar, Gujarat, India | |
| Heatfil Engineers (India) Private Limited | ₹35.86 Lakh (FY 2021) | •••• | •••• | -72.0% | •••• | Ahmedabad, Gujarat, India |
| Transparent Energy Systems Private Limited | ₹35.85 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Pune, Maharashtra, India |
| Vecros Technologies Private Limited | ₹35.83 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Anantapur, Andhra Pradesh, India |
| Galaxy Expoxycast Pvt Ltd | ₹35.8 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indcon Boilers by revenue in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Indcon Boilers Limited
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Shareholding and ownership data
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Charges & Borrowings of Indcon Boilers Limited
Indcon Boilers Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Indcon Boilers Limited
Indcon Boilers Limited has 6 court cases on record: 4 filed by Indcon Boilers, 2 filed against it. 1 case is pending and 5 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Execution petition | Filed by the company against J. Kumar Infraprojects Limited | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against J. Kumar Infraprojects Limited | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Maeda Corporation | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against Maeda Corporation & Ors | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed against the company by an individual | Disposed |
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Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Indcon Boilers Limited
Indcon Boilers Limited has a workforce of 0 employees as of Apr 08, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Indcon Boilers Limited
Indcon Boilers Limited has 5 board changes on record since 1990: 4 appointments and 1 cessation. The latest: Siddharth Misra was appointed as Director on 15 Sep 2011.
AGM
Indcon Boilers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indcon Boilers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Siddharth Misra was appointed as Director.
Ceased
Usha Rani Misra ceased to be Director.
Appointed
Divya Misra was appointed as Director.
Appointed
Prabhas Narain Misra was appointed as Director.
Appointed
Usha Rani Misra was appointed as Whole-Time Director.
Incorporation
06 Jul 1990
Indcon Boilers Limited was registered on 06 Jul 1990 with Roc Delhi & aged 36 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Indcon Boilers Limited
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MSME Payment Delays by Indcon Boilers Limited
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Subsidiaries & Group Companies of Indcon Boilers Limited
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Corporate group structure
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GST Compliance of Indcon Boilers Limited
Indcon Boilers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACI0050P1ZP | Haryana | Active | 01 Jul 2017 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Indcon Boilers Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Indcon Boilers Limited
Indcon Boilers is an active public limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 06 July 1990 (36+ years old) and is registered under CIN U74999DL1990PLC040737.
Indcon Boilers reported revenue of ₹36 Lakh for FY 2024 (down 65% YoY).
Indcon Boilers has 4 current directors:
- Usha Rani Misra - Whole-Time Director
- Divya Misra - Director
- Prabhas Narain Misra - Director
- Siddharth Misra - Director
Indcon Boilers reported a net loss of ₹79,811 (net margin -2.2%) and EBITDA of -₹15,000 (EBITDA margin -0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indcon Boilers is -33% over three years and -17% over five years. In the latest year (FY 2024) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indcon Boilers is 06AAACI0050P1ZP, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Indcon Boilers is U74999DL1990PLC040737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indcon Boilers has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Indcon Boilers was incorporated on 06 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Indcon Boilers by revenue are Sha Technica Pvt Ltd, Otech Industries Private Limited, Fabking Containers Private Limited, Evyam Industries Private Limited, MGRV Enterprises Private Limited and 5 more, all in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers).
Siddharth Misra was appointed as Director on 15 Sep 2011. Usha Rani Misra ceased to be Director on 01 Jan 2010. Divya Misra was appointed as Director on 01 Sep 2003. Indcon Boilers has 5 board changes on record in total.