Indica Credits Pvt Ltd
About Indica Credits Pvt Ltd
Data last updated:
Indica Credits Pvt Ltd is a private limited company based in Haryana, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 19 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U65910HR1990PTC030821.
The company has an authorised share capital of ₹52.5 Lakh and a paid-up capital of ₹51.4 Lakh. It is led by directors Bhavya Bhanot and Rajeev Bhanot.
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 B – 328 1st Floor Nehru Ground Nit Faridabad, Haryana, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.41 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹9,207 (net margin 3.8%) and EBITDA of ₹12,190 (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 21% over five years.
As per MCA filings, the company has satisfied charges of ₹10.6 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Indica Credits Pvt Ltd's registered office is in Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 328 1st Floor Nehru Ground Nit Faridabad, Haryana, India
- IndustryFinancial Services, NBFC
To see the full contact details of Indica Credits Pvt Ltd, 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
Business activity
The main business activity of Indica Credits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Indica Credits Pvt Ltd, buy the company report.
Financials of Indica Credits Pvt Ltd
FY 2025 filings availableIndica Credits Pvt Ltd reported revenue of ₹2.41 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 6% fall in the latest year. EBITDA rose 40% 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 | ₹12,190 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9,207 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 Credits Pvt Ltd, buy the company report.
Board of directors of Indica Credits Pvt Ltd
Indica Credits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavya Bhanot | Director | 02 Aug 2015 | 11 Years 3 Months | Current |
| Rajeev Bhanot | Director | 15 Dec 2009 | 16 Years 10 Months | Current |
Peer comparison
Indica Credits Pvt Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vanraj Suppliers Pvt.Ltd. | ₹2.72 Lakh (FY 2025) | 37.0% | Assam, India | |||
| Shreeji Vallabh Nidhi Limited | ₹2.63 Lakh (FY 2023) | 194.0% | Mumbai, Maharashtra, India | |||
| Indica Credits Pvt Ltdthis company | ₹2.41 Lakh (FY 2024) | ₹9,207 | 3.8% | -6.0% | Haryana, India | |
| Gimpex Exports Private Limited | ₹2.37 Lakh (FY 2020) | -66.0% | New Delhi, Delhi, India |
To see the full peer comparison of Indica Credits Pvt Ltd, buy the company report.
Auditor
Indica Credits Pvt Ltd is audited by SACHIN K GARG & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SACHIN K GARG & CO | FY 2016 | 028376N |
Shareholding
The shareholding of Indica Credits Pvt Ltd is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indica Credits Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2011 | 10314905 | Bank of India | ₹10.6 Cr | Satisfied |
To see the full charge records of Indica Credits Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Indica Credits Pvt Ltd 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
No delayed payments to MSME suppliers are on our record for Indica Credits Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indica Credits has 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Indica Credits Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indica Credits Pvt Ltd has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Rajender Dev Bhanot ceased to be Director on 06 Aug 2015.
Frequently asked questions
Indica Credits is an active private limited company based in Haryana, India. The company works in nbfc, within the financial services industry. It was incorporated on 19 February 1990 (36+ years old) and is registered under CIN U65910HR1990PTC030821.
Indica Credits has 2 current directors:
- Bhavya Bhanot - Director
- Rajeev Bhanot - Director
The latest financial statements of Indica Credits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indica Credits is U65910HR1990PTC030821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indica Credits was incorporated on 19 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Indica Credits by revenue are Vanraj Suppliers Pvt.Ltd, Shreeji Vallabh Nidhi Limited, Gimpex Exports Private Limited, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Rajender Dev Bhanot ceased to be Director on 06 Aug 2015. Bhavya Bhanot was appointed as Director on 02 Aug 2015. Kavita Mohan ceased to be Director on 24 Jan 2011. Indica Credits has 6 board changes on record in total.
The registered office of Indica Credits is at B – 328 1st Floor Nehru Ground Nit Faridabad, Haryana, India.
Indica Credits operates in the financial services industry, in the nbfc segment.
Indica Credits has no open charges and satisfied charges of ₹10.6 Cr as per latest MCA filings.
The compliance status of Indica Credits is active non-compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
