About Inkel Limited
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Inkel Limited is a public limited company based in Ernakulam, Kerala, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 09 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45209KL2007PLC020471. Its GSTIN is 32AABCI6802J1ZT (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹177.81 Cr. It was formerly known as Infrastructures Kerala Limited. It is led by directors including Ellangovan Kannan Kamala (Managing Director) and Mohamed Althaf.
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ernakulam, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹123.87 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹23.53 Cr (net margin 19%) and EBITDA of ₹55.5 Cr (EBITDA margin 44.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 129 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 3 joint ventures.
As per MCA filings, the company has open charges of ₹246.5 Cr and satisfied charges of ₹379 Cr on record. Court records list 103 cases involving the company, including 28 filed by the company and 75 filed against it; 35 cases are pending. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹159.7 Cr; the latest was in May 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inkel.in.
Company details
Contact details
Inkel Limited's registered office is in Ernakulam, Kerala. Its website is inkel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No. 14/ 812 & 813, 1st Floor Ajiyal Complex Kakkanad, Ernakulam, Kerala, India – 682030
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Inkel 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
Business activity
The main business activities of Inkel are real estate, professional, scientific and technical and construction. In detail, this covers real estate activities with own or leased property, management consultancy activities and roads, railways, utility projects. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| F | Construction | F2 | Roads, railways, Utility projects | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Inkel Limited, buy the company report.
Financials of Inkel Limited
FY 2025 filings availableInkel Limited reported revenue of ₹123.87 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 8% growth in the latest year. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹55.5 Cr | ||||
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| Net Profit (PAT) | ₹23.53 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 44.8% | ||||
| Net Profit Margin | 19% | ||||
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To see the full financial statements and ratios of Inkel Limited, buy the company report.
Board of directors of Inkel Limited
Inkel has 9 current directors and 46 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Althaf Also directs: Inkel Renewable Energy Private Limited, Inkel Green Energy Private Limited, Inkel-Ekk Roads Private Limited and 2 more | Director | 30 Mar 2022 | 4 Years 6 Months | Current |
| Punnadath Rajeeve Also directs: Cochin International Airport Limited | Nominee Director | 11 Aug 2021 | 5 Years 2 Months | Current |
| Jacob Kovoor Ninan | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Jayakrishnan Krishna Menon Also directs: Inkel Renewable Energy Private Limited, Inkel Green Energy Private Limited, Inkel-Ekk Roads Private Limited and 5 more | Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Rappai Chirayath Vareed | Director | 22 Nov 2007 | 18 Years 11 Months | Current |
| Ellangovan Kannan Kamala Also directs: Inkel Renewable Energy Private Limited, Inkel Green Energy Private Limited, Inkel-Ekk Roads Private Limited and 5 more | Managing Director | 07 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Inkel Limited is audited by Sridhar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sridhar & Co | FY 2023 | 003978S |
Shareholding
The shareholding of Inkel 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 Inkel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2025 | 101060295 | State Bank of India | ₹5 Cr | Open | |
| 26 Oct 2022 | 100642513 | State Bank of India | ₹2 Cr | Open | |
| 28 Aug 2019 | 100289358 | Sbicap Trustee Company Limited | ₹182 Cr | Open | |
| 06 May 2015 | 10572313 | Others | ₹57.5 Cr | Open | |
| 04 Oct 2019 | 100293147 | State Bank of India | ₹30 Cr | Satisfied |
To see the full charge records of Inkel Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Inkel Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹159.7 Cr; the latest was in May 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Funding round | ₹22.18 Cr | Investors: VKL Holding Company SPC, 3 individuals |
| Jan 2012 | Funding round | ₹37.57 Cr | Investors: Govt Of Kerala, Kerala State Industrial Development Corporation, Kerala Industrial Infrastructure Development Corporation, an individual |
| Apr 2008 | Funding round | ₹4.62 Cr | Investors: Bismi Holdings Limited, 3 individuals |
| Jun 2007 | Funding round | ₹95.33 Cr | Investors: Govt Of Kerala, Bismi Holdings Limited, AL Dana International Company W.L.L.O |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Inkel Limited has 103 court cases on record: 28 filed by Inkel, 75 filed against it. 35 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 62 | 47 | 26 |
| District courts | 24 | 20 | 5 |
| NCLT | 11 | 7 | 0 |
| NCLAT | 4 | 0 | 3 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed against the company by M/S R R Thulasi Builders India Pvt.Ltd. | Pending |
| High Court of Kerala | Writ petition | Filed against the company by M/S. Crescent Contractors Pvt. Ltd. | Pending |
| NCLAT, Court II | Tribunal matter | Filed by the company against Seguro Foundations and Structures Private Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Seguro Foundations and Structures Pvt.Ltd and 1 other | Pending |
| District court, Ernakulam, Kerala | Arbitration matter | Filed against the company by Serms Infrastructure Private Limited | Disposed |
To see the full case history of Inkel Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Inkel Limited was last rated by Care on 23 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Aug 2021 |
To see the full credit ratings and regulatory alerts of Inkel Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Inkel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Inkel has 1 subsidiary company, 3 joint ventures, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Inkel Infrastructure Development Projects Limited | U45209KL2018PLC055306 |
To see the full group structure of Inkel Limited, buy the company report.
Employees & EPFO
Inkel Limited has a workforce of 129 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Inkel has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCI6802J1ZT | Kerala | Active | 01 Jul 2017 |
| 32AABCI6802J1D2 | Kerala | Active | 06 Dec 2018 |
| 29AABCI6802J1ZG | Karnataka | Active | 09 Sep 2021 |
To see the full GST registrations and return filing status of Inkel Limited, buy the company report.
Recent activity
Inkel Limited has 50 board changes on record since 2007: 11 appointments and 39 cessations. The latest: Pattatt Vishnuraj was appointed as Nominee Director on 27 Oct 2025.
58 earlier events are in the company report.
Frequently asked questions
Inkel is an active public limited company based in Ernakulam, Kerala, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 09 March 2007 (19+ years old) and is registered under CIN U45209KL2007PLC020471.
Inkel has 9 current directors:
- Ellangovan Kannan Kamala - Managing Director
- Mohamed Althaf - Director
- Punnadath Rajeeve - Nominee Director
- Jacob Kovoor Ninan - Director
- Jayakrishnan Krishna Menon - Director
- Rappai Chirayath Vareed - Director
- Geethakumary - Director
- Varghese Kurian - Director
- Pattatt Vishnuraj - Nominee Director
The latest financial statements of Inkel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Inkel is 32AABCI6802J1ZT, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AABCI6802J1D2 (Kerala), 29AABCI6802J1ZG (Karnataka).
The CIN (Corporate Identification Number) of Inkel is U45209KL2007PLC020471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inkel has 103 court cases on record: 28 filed by the company and 75 filed against it. 35 are pending. Most are in the high courts.
Inkel was incorporated on 09 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
Inkel has 4 deals on record (4 funding rounds), with disclosed funding of ₹159.7 Cr; the latest was in May 2018.
Pattatt Vishnuraj was appointed as Nominee Director on 27 Oct 2025. Harikishore Subramanian was appointed as Nominee Director on 02 Jul 2024. Suman Billa ceased to be Nominee Director on 02 Jul 2024. Inkel has 50 board changes on record in total.
Inkel can be reached through the website inkel.in. Its registered office is in Ernakulam, Kerala, India.