MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-01-0008063
Indica Conveyors Limited - machinery and equipment in Amritsar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.77 Cr
▼ 9% YoY
Net profit · FY 2024
₹26.81 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹4.19 Cr
EBITDA margin 9.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹76.39 Lakh
Issued & subscribed
Open charges
₹69.94 Cr
Satisfied ₹43.15 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
16
Provident fund records
About Indica Conveyors Limited
Data last updated:
Indica Conveyors Limited is a public limited company based in Amritsar, Punjab, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25191PB1998PLC021538. Its GSTIN is 03AAACI8987K1Z3 (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹76.39 Lakh. It is led by directors including Arvinder Singh (Managing Director) and Bhupinder Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Fatehgar Sukar Chak Roadp O Verka Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.77 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹26.81 Lakh (net margin 0.6%) and EBITDA of ₹4.19 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69.94 Cr and satisfied charges of ₹43.15 Cr on record.
Indica Conveyors Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-01-0008063). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indicaconveyor.com.
Company details
CIN U25191PB1998PLC021538
Registration Number 021538
Incorporation Date 26 June 1998
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-01-0008063
CIN history
Indica Conveyors has one previous CIN (Corporate Identification Number): L25191PB1998PLC021538. The current CIN is U25191PB1998PLC021538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25191PB1998PLC021538 | Current |
| L25191PB1998PLC021538 | Previous |
Key People
Arvinder Singh Managing Director Bhupinder Singh Whole-Time Director Amarjot Singh Director Recognitions & Rankings of Indica Conveyors
Contact details
Indica Conveyors Limited's registered office is in Amritsar, Punjab. Its website is indicaconveyor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFatehgar Sukar Chak Roadp O Verka Amritsar, Punjab, India – 143001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Indica Conveyors Limited, buy the company report.
Comprehensive company report
Indica Conveyors Limited - one report that includes everything
- 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
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Business activity
The main business activity of Indica Conveyors is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Indica Conveyors Limited, buy the company report.
Financials of Indica Conveyors Limited
FY 2024 filings availableIndica Conveyors Limited reported revenue of ₹43.77 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹43.77 Cr ▼ 9%
Net profit · FY 2024
₹26.81 Lakh margin 0.6%
EBITDA · FY 2024
₹4.19 Cr margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 5%
5 years · compounded
▼ 7%
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 2% 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
| 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 | ₹4.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.81 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Indica Conveyors Limited, buy the company report.
Board of directors of Indica Conveyors Limited
Indica Conveyors has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvinder Singh Also directs: Indica Belting Private Limited, RGK Infratech Private Limited | Managing Director | 28 Jul 1998 | 28 Years 3 Months | Current |
| Bhupinder Singh | Whole-Time Director | 06 Nov 2008 | 18 Years 0 Months | Current |
| Amarjot Singh Also directs: Indica Belting Private Limited | Director | 06 Nov 2008 | 18 Years 0 Months | Current |
Auditor
Indica Conveyors Limited is audited by Rajesh Dhawan and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajesh Dhawan and Associates | FY 2023 | 011459N |
Shareholding
The shareholding of Indica Conveyors Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indica Conveyors Limited, buy the company report.
Charges & borrowings
Open charges
₹69.94 Cr
Satisfied charges
₹43.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2025 | 101044036 | Sidbi | ₹1.25 Cr | Open | |
| 11 Dec 2024 | 101024580 | Canara Bank | ₹12 Cr | Open | |
| 31 Mar 2023 | 100718716 | Axis Bank Limited | ₹1.77 Cr | Open | |
| 23 Sep 2022 | 100625596 | Yes Bank Limited | ₹33.92 Cr | Open | |
| 27 Jul 2017 | 100133480 | Hdfc Bank Limited | ₹21 Cr | Open |
To see the full charge records of Indica Conveyors Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
No court or tribunal cases involving Indica Conveyors Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Indica Conveyors Limited was last rated by Care on 27 Mar 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Mar 2026 |
To see the full credit ratings and regulatory alerts of Indica Conveyors Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indica Conveyors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indica Conveyors Limited has a workforce of 16 employees on its EPFO records as of May 2026.
Employee count
16
Employee growth
-5.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 16 |
| 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 |
To see the full employee and EPFO history of Indica Conveyors Limited, buy the company report.
GST
Indica Conveyors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACI8987K1Z3 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indica Conveyors Limited, buy the company report.
Recent activity
Indica Conveyors Limited has 8 board changes on record since 1998: 3 appointments and 5 cessations. The latest: Mandeep Singh ceased to be Director on 05 Nov 2022.
Charges
A charge with Canara Bank of Rs. 12.00 Cr registered on 11 Dec 2024 with Charge ID 101024580 was modified on 24 Jul 2025.
Charges
A charge with Sidbi amounted to Rs. 1.25 Cr with Charge ID 101044036 was registered on 16 Jan 2025.
Charges
A charge with Canara Bank amounted to Rs. 12.00 Cr with Charge ID 101024580 was registered on 11 Dec 2024.
AGM
Indica Conveyors Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.
Filing
Indica Conveyors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.77 Cr with Charge ID 100718716 was registered on 31 Mar 2023.
Charges
A charge registered on 30 Oct 2021 via Charge ID 100508795 with Canara Bank was fully satisfied on 22 Mar 2023.
Charges
A charge registered on 09 Sep 2021 via Charge ID 100506450 with Canara Bank was fully satisfied on 22 Mar 2023.
Charges
A charge registered on 15 Jul 2020 via Charge ID 100389203 with Canara Bank was fully satisfied on 22 Mar 2023.
Charges
A charge registered on 31 Jul 2015 via Charge ID 100024652 with Canara Bank was fully satisfied on 22 Mar 2023.
Charges
A charge registered on 03 May 2010 via Charge ID 10219280 with Canara Bank was fully satisfied on 22 Mar 2023.
Charges
A charge registered on 29 Apr 2010 via Charge ID 10219281 with Canara Bank was fully satisfied on 22 Mar 2023.
38 earlier events are in the company report.
Frequently asked questions
Indica Conveyors is an active public limited company based in Amritsar, Punjab, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 June 1998 (28+ years old) and is registered under CIN U25191PB1998PLC021538.
Indica Conveyors has 3 current directors:
- Arvinder Singh - Managing Director
- Bhupinder Singh - Whole-Time Director
- Amarjot Singh - Director
The latest financial statements of Indica Conveyors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Indica Conveyors is 03AAACI8987K1Z3, registered in Punjab.
The CIN (Corporate Identification Number) of Indica Conveyors is U25191PB1998PLC021538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indica Conveyors was incorporated on 26 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mandeep Singh ceased to be Director on 05 Nov 2022. Jaswinder Singh ceased to be Director on 30 Jul 2022. Arvinder Singh ceased to be Director on 01 Dec 2013. Indica Conveyors has 8 board changes on record in total.
Yes, Indica Conveyors is registered as a small enterprise under Udyam registration (number: UDYAM-PB-01-0008063).
Indica Conveyors can be reached through the website indicaconveyor.com. Its registered office is in Amritsar, Punjab, India.
The registered office of Indica Conveyors is at Fatehgar Sukar Chak Roadp O Verka Amritsar, Punjab, India – 143001.
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