- Valuation
- ₹14,190 Cr

About Indegene Limited
Data last updated:
Indegene Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 16 October 1998 and has been in existence for over 28 years.
Indegene is part of the BSE 500 index.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L73100KA1998PLC102040. Its GSTIN is 29AAACI4552N1Z6 (Karnataka). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544172 and NSE: INDGN.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹48.2 Cr. It was formerly known as Ndegene Lifesystems Private Limited and Indegene Lifesystems Private Limited. It is led by directors including Manish Gupta (Whole-Time Director) and Pravin Udhyavara Bhadya Rao.
Its last annual general meeting (AGM) was held on 13 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Aspen G4 3rd Floor Manyata Embassy Business Park Outer Ring Road Nagavara, Bangalore, Karnataka, India – 560045.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,510.5 Cr, a growth of 23.6% compared to the previous year. For the same year it recorded a net profit of ₹414.52 Cr (net margin 11.8%) and EBITDA of ₹598.7 Cr (EBITDA margin 17.1%). The net worth stands at ₹3,138.7 Cr (up 20% YoY). Total assets are valued at ₹3,573.5 Cr (up 28.1% YoY).
The company has about 4,804 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indegene. As per MCA filings, the company has open charges of ₹85.5 Cr and satisfied charges of ₹25.45 Cr on record. The company has 33 deals on record (19 secondary share transfers, 7 funding rounds, 6 market trades), with disclosed funding of ₹461.05 Cr; the latest was in August 2026. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 28 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indegene.com.
Company details
Name history
Indegene has undergone 2 name changes throughout its history. The company was previously known as Ndegene Lifesystems Private Limited, and Indegene Lifesystems Private Limited. The current legal name is Indegene Limited.
| Company Name | Status |
|---|---|
| Indegene Limited | Current |
| Ndegene Lifesystems Private Limited | Previous |
| Indegene Lifesystems Private Limited | Previous |
CIN history
Indegene has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L73100KA1998PLC102040, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L73100KA1998PLC102040 | Current |
| U73100KA1998PTC102040 | Previous |
| U73100MH1998PTC269424 | Previous |
| U73100KA1998PTC032501 | Previous |
| U73100KA1998PLC102040 | Previous |
Recognitions & Rankings of Indegene
Contact details
Indegene Limited's registered office is in Bangalore, Karnataka. Its website is indegene.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAspen G4 3rd Floor Manyata Embassy Business Park Outer Ring Road Nagavara, Bangalore, Karnataka, India – 560045
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Indegene 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
Indegene operates one associated brand: Indegene. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Suite solutions are provided for payers and healthcare providers. | indegene.com |
Business activity
The main business activity of Indegene is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Indegene Limited, buy the company report.
Financials of Indegene Limited
FY 2025-26 filings availableIndegene Limited reported revenue of ₹3,510.5 Cr (up 23.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,510 | 2,839 | 2,590 | 2,306 | 1,665 | 966 | 643 |
| Revenue growth | +23.6% | +9.6% | +12.3% | +38.5% | +72.3% | +50.3% | - |
| EBITDA | 599 | 534 | 414 | 396 | 240 | 160 | 37.88 |
| EBITDA margin | +17.1% | +18.8% | +16.0% | +17.2% | +14.4% | +16.6% | +5.9% |
| Profit before tax | 525 | 539 | 459 | 363 | 226 | 195 | 13.68 |
| Net profit | 415 | 416 | 335 | 266 | 192 | 147 | (66.21) |
| Net profit margin | +11.8% | +14.7% | +12.9% | +11.5% | +11.5% | +15.2% | -10.3% |
| EPS (₹) | 16.68 | 16.98 | 15.17 | 12.01 | 938.81 | 954.66 | (40.25) |
| Balance sheet | |||||||
| Total assets | 3,574 | 2,791 | 2,026 | 1,738 | 935 | 417 | 476 |
| Net worth | 3,139 | 2,616 | 1,429 | 1,064 | 764 | 325 | 211 |
| Total debt | 144 | 102 | 490 | 502 | 65.75 | 51.38 | 168 |
| Cash & bank | 382 | 375 | 191 | 85.80 | 517 | 140 | 180 |
| Net working capital | 472 | 705 | 474 | 369 | 592 | 280 | 294 |
| Cash flow | |||||||
| Cash from operations | 651 | 442 | 508 | 130 | 297 | 172 | 22.27 |
| Cash from investing | (508) | (677) | (326) | (896) | (158) | (81.03) | (15.78) |
| Cash from financing | (82.60) | 288 | (66.20) | 333 | 233 | (132) | 136 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,122 | 1,063 | 1,003 | 942 | 804 | 761 | 756 | 720 |
| Revenue growth (YoY) | +39.6% | +39.7% | +32.8% | +30.8% | +17.1% | +12.5% | - | - |
| Other income | 15.00 | 29.00 | 10.80 | 19.40 | 19.70 | 22.10 | 25.60 | 37.70 |
| EBITDA | 186 | 174 | 143 | 160 | 141 | 155 | 148 | 132 |
| EBITDA margin | +16.5% | +16.4% | +14.3% | +16.9% | +17.5% | +20.4% | +19.5% | +18.3% |
| Depreciation | 46.40 | 44.10 | 41.80 | 39.60 | 23.40 | 21.60 | 20.70 | 20.00 |
| Interest | 6.90 | 6.40 | 7.20 | 4.60 | 3.80 | 3.70 | 3.10 | 3.20 |
| Profit before tax | 147 | 153 | 105 | 135 | 133 | 152 | 149 | 146 |
| Tax | 35.10 | 36.50 | 25.40 | 31.80 | 31.00 | 35.70 | 31.70 | 36.60 |
| Net profit | 112 | 116 | 79.70 | 103 | 102 | 116 | 118 | 110 |
| EPS (₹) | 4.64 | 4.81 | 3.30 | 4.26 | 4.23 | 4.82 | 4.88 | 4.55 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,221 | 1,094 | 1,046 | 1,006 | 837 | 511 | 334 |
| Revenue growth | +11.6% | +4.6% | +4.0% | +20.2% | +63.7% | +52.8% | - |
| EBITDA | 248 | 180 | 168 | 178 | 169 | 117 | 42.20 |
| EBITDA margin | +20.3% | +16.5% | +16.1% | +17.7% | +20.2% | +22.9% | +12.6% |
| Profit before tax | 281 | 238 | 181 | 177 | 170 | 159 | 45.50 |
| Net profit | 212 | 177 | 125 | 130 | 133 | 130 | 60.61 |
| Net profit margin | +17.4% | +16.2% | +11.9% | +13.0% | +15.9% | +25.4% | +18.1% |
| EPS (₹) | 8.81 | 7.57 | 6.21 | 5.88 | 663.50 | 882.67 | 211.33 |
| Balance sheet | |||||||
| Total assets | 2,230 | 1,974 | 1,035 | 881 | 720 | 290 | 368 |
| Net worth | 2,080 | 1,888 | 954 | 795 | 650 | 254 | 312 |
| Total debt | 69.80 | 27.20 | 38.00 | 51.10 | 43.80 | 23.00 | 46.90 |
| Cash & bank | 130 | 164 | 15.60 | 54.00 | 38.80 | 18.20 | 36.00 |
| Net working capital | 321 | 539 | 327 | 378 | 285 | 135 | 55.60 |
| Cash flow | |||||||
| Cash from operations | 346 | 129 | 176 | 81.90 | 38.20 | 53.30 | 89.60 |
| Cash from investing | (270) | (824) | (189) | (51.00) | (267) | (34.10) | (51.10) |
| Cash from financing | (62.60) | 717 | (15.80) | (16.90) | 245 | (37.10) | (18.50) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 368 | 341 | 368 | 290 | 307 | 256 | 267 | 287 |
| Revenue growth (YoY) | +20.2% | +33.3% | +38.1% | +1.2% | +8.9% | -1.2% | - | - |
| Other income | 23.00 | 33.90 | 6.10 | 22.60 | 17.50 | 32.10 | 35.20 | 22.30 |
| Total expenses | 297 | 280 | 265 | 252 | 236 | 219 | 227 | 235 |
| EBITDA | 71.80 | 60.20 | 103 | 37.70 | 70.60 | 36.70 | 39.60 | 51.90 |
| EBITDA margin | +19.5% | +17.7% | +28.0% | +13.0% | +23.0% | +14.4% | +14.8% | +18.1% |
| Depreciation | 13.10 | 11.40 | 10.90 | 9.50 | 8.60 | 7.30 | 6.90 | 6.50 |
| Interest | 3.40 | 2.70 | 3.10 | 1.80 | 2.00 | 1.70 | 1.50 | 1.60 |
| Profit before tax | 78.30 | 80.00 | 95.20 | 49.00 | 77.50 | 59.80 | 66.40 | 66.10 |
| Tax | 20.10 | 20.10 | 23.10 | 14.20 | 17.60 | 14.70 | 12.20 | 16.20 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,122 | 1,063 | 1,003 | 942 | 804 | 761 | 756 | 720 |
| Revenue growth (YoY) | +39.6% | +39.7% | +32.8% | +30.8% | +17.1% | +12.5% | - | - |
| Other income | 15.00 | 29.00 | 10.80 | 19.40 | 19.70 | 22.10 | 25.60 | 37.70 |
| EBITDA | 186 | 174 | 143 | 160 | 141 | 155 | 148 | 132 |
| EBITDA margin | +16.5% | +16.4% | +14.3% | +16.9% | +17.5% | +20.4% | +19.5% | +18.3% |
| Depreciation | 46.40 | 44.10 | 41.80 | 39.60 | 23.40 | 21.60 | 20.70 | 20.00 |
| Interest | 6.90 | 6.40 | 7.20 | 4.60 | 3.80 | 3.70 | 3.10 | 3.20 |
| Profit before tax | 147 | 153 | 105 | 135 | 133 | 152 | 149 | 146 |
| Tax | 35.10 | 36.50 | 25.40 | 31.80 | 31.00 | 35.70 | 31.70 | 36.60 |
| Net profit | 112 | 116 | 79.70 | 103 | 102 | 116 | 118 | 110 |
| EPS (₹) | 4.64 | 4.81 | 3.30 | 4.26 | 4.23 | 4.82 | 4.88 | 4.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,510 | 2,839 | 2,590 | 2,306 | 1,665 | 966 | 643 |
| Revenue growth | +23.6% | +9.6% | +12.3% | +38.5% | +72.3% | +50.3% | - |
| Other income | 72.00 | 107 | 170 | 58.00 | 25.89 | 67.26 | 3.98 |
| Total expenses | 2,912 | 2,305 | 2,175 | 1,910 | 1,425 | 806 | 605 |
| Employee cost | 2,198 | 1,815 | 1,652 | 1,465 | 1,014 | 536 | 370 |
| EBITDA | 599 | 534 | 414 | 396 | 240 | 160 | 37.88 |
| EBITDA margin | +17.1% | +18.8% | +16.0% | +17.2% | +14.4% | +16.6% | +5.9% |
| Depreciation | 126 | 80.20 | 76.10 | 59.80 | 33.45 | 25.55 | 19.34 |
| Interest | 19.30 | 22.00 | 49.40 | 31.30 | 5.96 | 6.96 | 8.84 |
| Profit before tax | 525 | 539 | 459 | 363 | 226 | 195 | 13.68 |
| Tax | 124 | 133 | 122 | 96.90 | 63.68 | 45.78 | 26.12 |
| Net profit | 415 | 416 | 335 | 266 | 192 | 147 | (66.21) |
| Net profit margin | +11.8% | +14.7% | +12.9% | +11.5% | +11.5% | +15.2% | -10.3% |
| EPS (₹) | 16.68 | 16.98 | 15.17 | 12.01 | 938.81 | 954.66 | (40.25) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 48.10 | 47.90 | 44.40 | 44.30 | 0.35 | 0.31 | 316 |
| Reserves & surplus | 3,090 | 2,567 | 1,385 | 1,020 | 764 | 324 | (105) |
| Shareholders' funds (net worth) | 3,139 | 2,616 | 1,429 | 1,064 | 764 | 325 | 211 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.58 | 89.08 |
| Secured loans | 0.00 | 0.00 | 393 | 394 | 25.53 | 24.76 | 136 |
| Unsecured loans | 144 | 102 | 96.20 | 108 | 40.22 | 26.62 | 31.71 |
| Total debt | 144 | 102 | 490 | 502 | 65.75 | 51.38 | 168 |
| Total liabilities | 3,574 | 2,791 | 2,026 | 1,738 | 935 | 417 | 476 |
| Assets | |||||||
| Gross block | 2,354 | 1,096 | 995 | 863 | 271 | 191 | 259 |
| Net block | 1,812 | 678 | 646 | 664 | 138 | 85.91 | 119 |
| Capital work in progress | 11.80 | 3.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1,100 | 1,290 | 796 | 614 | 120 | 0.00 | 13.16 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 982 | 751 | 648 | 642 | 444 | 285 | 224 |
| Cash & bank balances | 382 | 375 | 191 | 85.80 | 517 | 140 | 180 |
| Loans & advances | 155 | 114 | 155 | 107 | 48.95 | 34.00 | 13.64 |
| Total current assets | 1,519 | 1,240 | 994 | 835 | 1,010 | 459 | 418 |
| Total current liabilities | 1,047 | 535 | 520 | 466 | 419 | 179 | 124 |
| Net working capital | 472 | 705 | 474 | 369 | 592 | 280 | 294 |
| Total assets | 3,574 | 2,791 | 2,026 | 1,738 | 935 | 417 | 476 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 241 | 189 | 73.60 | 506 | 133 | 174 | 31.01 |
| Net cash from operating activities | 651 | 442 | 508 | 130 | 297 | 172 | 22.27 |
| Net cash from investing activities | (508) | (677) | (326) | (896) | (158) | (81.03) | (15.78) |
| Net cash from financing activities | (82.60) | 288 | (66.20) | 333 | 233 | (132) | 136 |
| Net change in cash | 59.80 | 52.40 | 115 | (433) | 373 | (40.50) | 143 |
| Closing cash | 382 | 375 | 191 | 85.80 | 517 | 140 | 180 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +23.6% | +9.6% | +12.3% | +38.5% | +72.3% | +50.3% | - |
| EBITDA growth | +12.1% | +29.0% | +4.6% | +65.0% | +49.6% | +323.5% | - |
| PBT growth | -2.7% | +17.6% | +26.3% | +60.3% | +16.1% | +1326.8% | -46.8% |
| Net income growth | -0.5% | +24.3% | +25.9% | +38.6% | +30.5% | +322.2% | - |
| Revenue CAGR (3Y) | +15.0% | +19.5% | +38.9% | +53.1% | +44.4% | - | - |
| EBITDA CAGR (3Y) | +14.8% | +30.6% | +37.2% | +118.7% | +78.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +11.4% | +14.3% | +13.0% | +11.5% | +9.8% | +15.5% | -1.9% |
| Return on capital employed | +17.1% | +23.3% | +27.0% | +29.5% | +41.6% | +59.2% | 0.0% |
| Return on net worth | +13.9% | +20.1% | +27.0% | +29.1% | +34.9% | +133.9% | 0.0% |
| Debt / equity | 0.04 | 0.15 | 0.40 | 0.31 | 0.11 | 0.41 | 0.65 |
| Long-term debt / equity | 0.03 | 0.12 | 0.35 | 0.29 | 0.07 | 0.14 | 0.14 |
| Interest cover | 4.09 | 4.84 | 14.61 | 9.31 | 2.89 | 5.16 | 47.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.04 | 2.72 | 2.79 | 4.06 | 7.20 | 4.29 | 2.84 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.05 | 4.06 | 4.01 | 4.25 | 4.56 | 3.80 | 4.10 |
| EPS (₹) | 16.68 | 16.98 | 15.17 | 12.01 | 938.81 | 954.66 | (40.25) |
| Dividend per share (₹) | 2.25 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 130.49 | 109.17 | 64.37 | 48.03 | 4,352.71 | 2,073.47 | (668.89) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 368 | 341 | 368 | 290 | 307 | 256 | 267 | 287 |
| Revenue growth (YoY) | +20.2% | +33.3% | +38.1% | +1.2% | +8.9% | -1.2% | - | - |
| Other income | 23.00 | 33.90 | 6.10 | 22.60 | 17.50 | 32.10 | 35.20 | 22.30 |
| Total expenses | 297 | 280 | 265 | 252 | 236 | 219 | 227 | 235 |
| EBITDA | 71.80 | 60.20 | 103 | 37.70 | 70.60 | 36.70 | 39.60 | 51.90 |
| EBITDA margin | +19.5% | +17.7% | +28.0% | +13.0% | +23.0% | +14.4% | +14.8% | +18.1% |
| Depreciation | 13.10 | 11.40 | 10.90 | 9.50 | 8.60 | 7.30 | 6.90 | 6.50 |
| Interest | 3.40 | 2.70 | 3.10 | 1.80 | 2.00 | 1.70 | 1.50 | 1.60 |
| Profit before tax | 78.30 | 80.00 | 95.20 | 49.00 | 77.50 | 59.80 | 66.40 | 66.10 |
| Tax | 20.10 | 20.10 | 23.10 | 14.20 | 17.60 | 14.70 | 12.20 | 16.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,221 | 1,094 | 1,046 | 1,006 | 837 | 511 | 334 |
| Revenue growth | +11.6% | +4.6% | +4.0% | +20.2% | +63.7% | +52.8% | - |
| Other income | 78.30 | 90.40 | 50.30 | 36.80 | 27.80 | 63.60 | 20.10 |
| Total expenses | 972 | 913 | 878 | 828 | 668 | 394 | 292 |
| Employee cost | 795 | 759 | 752 | 701 | 526 | 273 | 187 |
| EBITDA | 248 | 180 | 168 | 178 | 169 | 117 | 42.20 |
| EBITDA margin | +20.3% | +16.5% | +16.1% | +17.7% | +20.2% | +22.9% | +12.6% |
| Depreciation | 36.30 | 26.20 | 31.10 | 31.70 | 23.60 | 17.60 | 13.40 |
| Interest | 8.70 | 6.20 | 6.60 | 6.40 | 3.00 | 3.50 | 3.40 |
| Profit before tax | 281 | 238 | 181 | 177 | 170 | 159 | 45.50 |
| Tax | 69.50 | 57.20 | 42.70 | 46.40 | 37.20 | 26.90 | 13.80 |
| Net profit | 212 | 177 | 125 | 130 | 133 | 130 | 60.61 |
| Net profit margin | +17.4% | +16.2% | +11.9% | +13.0% | +15.9% | +25.4% | +18.1% |
| EPS (₹) | 8.81 | 7.57 | 6.21 | 5.88 | 663.50 | 882.67 | 211.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 48.10 | 47.90 | 44.40 | 44.30 | 0.40 | 0.30 | 316 |
| Reserves & surplus | 2,032 | 1,839 | 909 | 751 | 650 | 254 | (3.40) |
| Shareholders' funds (net worth) | 2,080 | 1,888 | 954 | 795 | 650 | 254 | 312 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.40 |
| Unsecured loans | 69.80 | 27.20 | 38.00 | 51.10 | 43.80 | 23.00 | 25.50 |
| Total debt | 69.80 | 27.20 | 38.00 | 51.10 | 43.80 | 23.00 | 46.90 |
| Total liabilities | 2,230 | 1,974 | 1,035 | 881 | 720 | 290 | 368 |
| Assets | |||||||
| Gross block | 253 | 183 | 175 | 187 | 149 | 99.40 | 72.50 |
| Net block | 113 | 52.80 | 56.10 | 78.30 | 72.00 | 40.60 | 31.30 |
| Capital work in progress | 11.80 | 3.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1,318 | 975 | 624 | 400 | 203 | 83.40 | 251 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 288 | 418 | 378 | 401 | 350 | 175 | 59.70 |
| Cash & bank balances | 130 | 164 | 15.60 | 54.00 | 38.80 | 18.20 | 36.00 |
| Loans & advances | 155 | 133 | 119 | 79.30 | 26.30 | 24.60 | 22.80 |
| Total current assets | 573 | 715 | 513 | 534 | 415 | 218 | 118 |
| Total current liabilities | 252 | 176 | 185 | 156 | 130 | 82.50 | 62.90 |
| Net working capital | 321 | 539 | 327 | 378 | 285 | 135 | 55.60 |
| Total assets | 2,230 | 1,974 | 1,035 | 881 | 720 | 290 | 368 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 35.20 | 13.20 | 41.80 | 27.80 | 11.60 | 29.50 | 9.50 |
| Net cash from operating activities | 346 | 129 | 176 | 81.90 | 38.20 | 53.30 | 89.60 |
| Net cash from investing activities | (270) | (824) | (189) | (51.00) | (267) | (34.10) | (51.10) |
| Net cash from financing activities | (62.60) | 717 | (15.80) | (16.90) | 245 | (37.10) | (18.50) |
| Net change in cash | 13.30 | 22.00 | (28.60) | 14.00 | 16.20 | (17.90) | 20.00 |
| Closing cash | 130 | 164 | 15.60 | 54.00 | 38.80 | 18.20 | 36.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.6% | +4.6% | +4.0% | +20.2% | +63.7% | +52.8% | - |
| EBITDA growth | +37.5% | +7.4% | -5.6% | +5.5% | +44.4% | +176.8% | - |
| PBT growth | +18.0% | +32.1% | +2.3% | +3.9% | +6.7% | +250.1% | -23.0% |
| Net income growth | +19.9% | +41.9% | -4.4% | -1.9% | +2.1% | +114.4% | - |
| Revenue CAGR (3Y) | +6.7% | +9.3% | +27.0% | +44.3% | +43.7% | - | - |
| EBITDA CAGR (3Y) | +11.7% | +2.3% | +12.9% | +61.5% | +47.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +17.4% | +16.6% | +13.2% | +13.0% | +15.9% | +25.9% | +9.5% |
| Return on capital employed | +13.8% | +16.3% | +19.5% | +22.9% | +34.2% | +47.7% | +26.3% |
| Return on net worth | +10.7% | +12.8% | +15.8% | +18.0% | +29.4% | +96.4% | +67.5% |
| Debt / equity | 0.02 | 0.02 | 0.05 | 0.07 | 0.07 | 0.12 | 0.14 |
| Long-term debt / equity | 0.02 | 0.01 | 0.04 | 0.05 | 0.05 | 0.05 | 0.03 |
| Interest cover | 4.11 | 4.02 | 4.82 | 4.38 | 2.07 | 3.53 | 11.81 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.60 | 6.10 | 5.77 | 5.97 | 6.73 | 5.95 | 6.17 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.45 | 2.75 | 2.69 | 2.68 | 3.19 | 4.35 | 6.09 |
| EPS (₹) | 8.81 | 7.57 | 6.21 | 5.88 | 663.50 | 882.67 | 211.33 |
| Dividend per share (₹) | 2.25 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 86.49 | 78.80 | 42.96 | 35.91 | 3,250.00 | 1,692.67 | (20.67) |
To see the full year-wise statements and ratios of Indegene Limited, buy the company report.
Board of directors of Indegene Limited
Indegene has 11 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Udhyavara Bhadya Rao Also directs: Cohance Lifesciences Limited, Computer Age Management Services Limited, Zensar Technologies Limited and 2 more | Director | 08 Jun 2022 | 4 Years 5 Months | Current |
| Rajesh Bhaskaran Nair Also directs: Aarabhi Partners Consultants LLP | Director | 16 Oct 1998 | 28 Years 0 Months | Current |
| Manish Gupta Also directs: Knack Global Limited | Whole-Time Director | 11 Feb 2000 | 26 Years 9 Months | Current |
| Sanjay Suresh Parikh | Director | 29 Jan 2002 | 24 Years 9 Months | Current |
| Krishnamurthy Venugopala Tenneti Also directs: Bhavishya Lakshmi Ventures LLP, Ola Electric Mobility Limited, Ola Financial Services Private Limited and 5 more | Director | 22 Jul 2008 | 18 Years 3 Months | Current |
| Neeraj Bharadwaj Also directs: Hexaware Technologies Limited, Nxtra Data Limited, Ver Se Innovation Private Limited and 2 more | Director | 23 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Indegene Limited is audited by B S R & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 9.90%, domestic institutional investors hold 8.80% and retail and other public shareholders hold 81.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100990051 | Jp Morgan Chase Bank, N.A. | ₹15 Cr | Open | |
| 29 Aug 2022 | 100617006 | Citi Bank N.A. | ₹15 Cr | Open | |
| 26 May 2022 | 100584055 | Others | ₹10 Cr | Open | |
| 20 Dec 2021 | 100523668 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 21 Jun 2012 | 10366640 | Others | ₹30.5 Cr | Open |
To see the full charge records of Indegene Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Indegene Limited has 33 deals on record (19 secondary share transfers, 7 funding rounds, 6 market trades), with disclosed funding of ₹461.05 Cr; the latest was in August 2026.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹1,105.26 Cr | Buyer: Quant Mutual Fund, Icici Prudential Mutual Fund, Bajaj Life Insurance Limited Seller: Bpc Genesis Fund I Spv Limited, Bpc Genesis Fund I-A Spv Limited |
| Jun 2025 | Market trade | ₹198.54 Cr | Buyer: Irage Broking Services LLP Seller: Irage Broking Services LLP |
| Jun 2025 | Market trade | ₹1,556.42 Cr | Buyer: Irage Broking Services LLP , East Bridge Capital Master Fund I Limited, Societe Generale - Odi Seller: Ca Dawn Investments, Mansi Share And Stock Advisors Pvt Ltd, Irage Broking Services LLP |
| May 2024 | Market trade | ₹159.6 Cr | Buyer: NK Securities Research Private Limited , GRT Strategic Ventures LLP Seller: NK Securities Research Private Limited , GRT Strategic Ventures LLP |
| May 2024 | IPO | ₹1,841.76 Cr | Investors: Bajaj Life Insurance Limited , Bharti Life Insurance Company Limited Seller: The Carlyle Group, Brighton Park Capital, Vida Trustees Private Limited |
To see the full deal history of Indegene 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
No court or tribunal cases involving Indegene Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Indegene Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 28 overdue payments to 14 micro and small suppliers. 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 (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Relevance Lab Technologies Private Limited | |||
| Kurundam Management Services Private Limited | |||
| Replica Xerography Private Limited | |||
| an individual supplier | |||
| Executive81 HR Solutions Private Limited |
To see the full MSME payment records of Indegene Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Indegene Limited has a workforce of 4,804 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 4,804 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 | |
| FY 2012-13 | |
| FY 2011-12 | |
| FY 2010-11 |
To see the full employee and EPFO history of Indegene Limited, buy the company report.
GST
Indegene has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI4552N1Z6 | Karnataka | Active | 01 Jul 2017 |
| 29AAACI4552N2Z5 | Karnataka | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Indegene Limited, buy the company report.
Recent activity
Indegene Limited has 24 board changes on record since 1998: 11 appointments and 13 cessations. The latest: Neeraj Bharadwaj was appointed as Director on 23 Jan 2026.
33 earlier events are in the company report.
News
Frequently asked questions
Indegene is an active public limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 16 October 1998 (28+ years old) and is registered under CIN L73100KA1998PLC102040. Listed on BSE: 544172 and NSE: INDGN.
Indegene reported revenue of ₹3,510.5 Cr for FY 2025-26 (up 23.6% YoY) based on consolidated financials.
Indegene has 11 current directors:
- Manish Gupta - Whole-Time Director
- Pravin Udhyavara Bhadya Rao - Director
- Rajesh Bhaskaran Nair - Director
- Sanjay Suresh Parikh - Director
- Krishnamurthy Venugopala Tenneti - Director
- Neeraj Bharadwaj - Director
- Mark Dzialga - Nominee Director
- Ashish Gupta - Director
- Jairaj Manohar Purandare - Director
- Georgia Nikolakopoulou Papathomas - Director
- Jill Mary De Simone - Director
The latest financial statements of Indegene on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 13 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Indegene is 29AAACI4552N1Z6, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACI4552N2Z5 (Karnataka).
The CIN (Corporate Identification Number) of Indegene is L73100KA1998PLC102040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Indegene is a listed company as per MCA records. Its shares are listed on both BSE (code: 544172) and NSE (symbol: INDGN).
Indegene was incorporated on 16 October 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Indegene has 33 deals on record (19 secondary share transfers, 7 funding rounds, 6 market trades), with disclosed funding of ₹461.05 Cr; the latest was in August 2026.
Neeraj Bharadwaj was appointed as Director on 23 Jan 2026. Jill Mary De Simone was appointed as Director on 22 Jan 2026. Georgia Nikolakopoulou Papathomas ceased to be Additional Director on 07 Nov 2022. Indegene has 24 board changes on record in total.
Indegene has 12 MSME Form 1 returns on record between 2019 and 2023, listing 28 overdue payments to 14 micro and small suppliers. The latest return was filed on 21 Dec 2023.

