India's Richest People 2026 edition · 1 director · Source: Hurun India
- #561 Dilip Chunilal Chandan & family ₹6,000 Cr
Indic Geo Resources Private Limited
Indic Geo Resources Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company metals and minerals
Revenue · FY 2025
₹22.7 Lakh
▼ 29% YoY
Net loss · FY 2025
₹39.34 Lakh
Net margin -173.3%
EBITDA · FY 2025
₹19.71 Lakh
EBITDA margin 86.8%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Indic Geo Resources Private Limited
Data last updated:
Indic Geo Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 31 October 2014 and has been in existence for over 12 years.
Its director Dilip Chunilal Chandan and family are #561 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC259054. Its GSTIN is 27AADCI6716K1ZB (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors Dilip Chunilal Chandan and Chirag Dilip Chandan.
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 Flat No.504 5th Floor Sukh Sagar N. S. Patkar Marg Girgaon Chowpaty, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.7 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹39.34 Lakh (net margin -173.3%) and EBITDA of ₹19.71 Lakh (EBITDA margin 86.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Indic Geo Resources Private Limited
CIN U74999MH2014PTC259054
Registration Number 259054
Incorporation Date 31 October 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Indic Geo Resources
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No.504 5th Floor Sukh Sagar N. S. Patkar Marg Girgaon Chowpaty, Mumbai, Maharashtra, India – 400007
- IndustryMetals and Minerals, Mining & Mineral Extraction
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Financials of Indic Geo Resources Private Limited FY 2025 filings available
Indic Geo Resources Private Limited reported revenue of ₹22.7 Lakh (down 29% YoY) for FY 2025.
Revenue · FY 2025
₹22.7 Lakh ▼ 29%
Net loss · FY 2025
₹39.34 Lakh margin -173.3%
EBITDA · FY 2025
₹19.71 Lakh margin 86.8%
Compounded Annual Growth Rate (CAGR) of Indic Geo Resources Private Limited
Revenue CAGR growth
1 year
▼ 29%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 239%
5 years · compounded
▲ 151%
Revenue fell 29% in the latest year. EBITDA fell 35% 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 Indic Geo Resources 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 | ₹19.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹39.34 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 Indic Geo Resources Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -173.3% | •••• | •••• | •••• | •••• |
| 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 Indic Geo Resources 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 Indic Geo Resources Private Limited
Indic Geo Resources has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Chunilal Chandan | Director | 31 Oct 2014 | 11 Years 11 Months | Current |
| Chirag Dilip Chandan Also directs: Uniworld Graphite Industries Private Limited, Trimet Alloys & Marketing Private Limited, Chandan Steel Limited and 5 more | Director | 31 Oct 2014 | 11 Years 11 Months | Current |
Peer Comparison of Indic Geo Resources Private Limited
Indic Geo Resources Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mukund Stone Private Limited | ₹23.02 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Jigni Bangalore, Karnataka, India |
| PM Geo Exploration India Private Limited | ₹23 Lakh (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Easternrange Coal Mining Private Limited | ₹22.91 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Crush Tech Black Rock Developers Private Limited | ₹22.88 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Karunagappally, Kerala, India |
| J.S. Tiles and Slabs Private Limited | ₹22.8 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Alwar, Rajasthan, India |
| Indic Geo Resources Private Limited this company | ₹22.7 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Alok Granite Mining Private Limited | ₹22.58 Lakh (FY 2024) | •••• | •••• | 1272.0% | •••• | Ilkal, Karnataka, India |
| Ecolex Industrial Products Private Limited | ₹22.49 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Gandhinagar, Gujarat, India |
| Shiv Shakti Granimarmo Private Limited | ₹22.41 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Jalore, Rajasthan, India |
| G. Kharsati Lime Industry Private Limited | ₹22.35 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Shillong, Meghalaya, India |
| Mesco Steels Limited | ₹22.28 Lakh (FY 2024) | •••• | •••• | -97.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Indic Geo Resources by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indic Geo Resources Private Limited
Indic Geo Resources Private Limited is audited by SHAH & TAPARIA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH & TAPARIA | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Indic Geo Resources Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Indic Geo Resources Private Limited
Indic Geo Resources Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indic Geo Resources Private Limited
Employment history and EPFO contributions of people linked to Indic Geo Resources.
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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 Indic Geo Resources Private Limited
Indic Geo Resources Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Chirag Dilip Chandan was appointed as Director on 31 Oct 2014.
AGM
Indic Geo Resources Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indic Geo Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Chirag Dilip Chandan was appointed as Director.
Appointed
Dilip Chunilal Chandan was appointed as Director.
Incorporation
31 Oct 2014
Indic Geo Resources Private Limited was registered on 31 Oct 2014 with Roc Mumbai I & aged 11 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Indic Geo Resources Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Indic Geo Resources Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Indic Geo Resources Private Limited
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Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Indic Geo Resources Private Limited
Indic Geo Resources has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI6716K1ZB | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Indic Geo Resources Private Limited
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Frequently Asked Questions about Indic Geo Resources Private Limited
Indic Geo Resources is an active private limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 31 October 2014 (12+ years old) and is registered under CIN U74999MH2014PTC259054.
Indic Geo Resources reported revenue of ₹22.7 Lakh for FY 2025 (down 29% YoY).
Indic Geo Resources has 2 current directors:
- Dilip Chunilal Chandan - Director
- Chirag Dilip Chandan - Director
Indic Geo Resources reported a net loss of ₹39.34 Lakh (net margin -173.3%) and EBITDA of ₹19.71 Lakh (EBITDA margin 86.8%) for FY 2025, as per its filed financial statements.
The GSTIN of Indic Geo Resources is 27AADCI6716K1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indic Geo Resources is U74999MH2014PTC259054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indic Geo Resources was incorporated on 31 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Indic Geo Resources by revenue are Mukund Stone Private Limited, PM Geo Exploration India Private Limited, Easternrange Coal Mining Private Limited, Crush Tech Black Rock Developers Private Limited, J.S. Tiles and Slabs Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Chirag Dilip Chandan was appointed as Director on 31 Oct 2014. Dilip Chunilal Chandan was appointed as Director on 31 Oct 2014.
The registered office of Indic Geo Resources is at Flat No.504 5th Floor Sukh Sagar N. S. Patkar Marg Girgaon Chowpaty, Mumbai, Maharashtra, India – 400007.
Indic Geo Resources has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.1 Lakh.