| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 92 | 82 | 98 | 114 |
| Cost of Material Consumed | 28 | 28 | 33 | 17 |
| Change in Inventory | 2.85 | -0.75 | 1 | 0 |
| Gross Margins | 69.57 | 65.85 | 66.33 | 85.09 |
| Employee Benefit Expenses | 7.63 | 8.19 | 8 | 9 |
| Other Expenses | 28 | 23 | 16 | 42 |
| EBITDA | 25.52 | 23.56 | 40 | 46 |
| OPM | 27.74 | 28.73 | 40.82 | 40.35 |
| Other Income | 11 | 18 | 18 | 8 |
| Finance Cost | 14 | 12 | 14 | 19 |
| D&A | 2.48 | 3.22 | 3 | 2 |
| EBIT | 23.04 | 20.34 | 37 | 44 |
| EBIT Margins | 25.04 | 24.8 | 37.76 | 38.6 |
| PBT | 15 | 18 | 40 | 33 |
| PBT Margins | 16.3 | 21.95 | 40.82 | 28.95 |
| Tax | 7.18 | 3.56 | 9 | 9 |
| PAT | 7.82 | 14.44 | 31 | 24 |
| NPM | 8.5 | 17.61 | 31.63 | 21.05 |
| EPS | 0.44 | 0.82 | 1.74 | 1.35 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 27.74 | 28.73 | 40.82 | 40.35 |
| Net Profit Margin | 8.5 | 17.61 | 31.63 | 21.05 |
| Earning Per Share (Diluted) | 0.44 | 0.82 | 1.74 | 1.35 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 70 | 73 | 65 | 60 |
| CWIP | 1.2 | 18 | 2 | 5 |
| Investments | 0 | 0 | 18 | 16 |
| Trade Receivables | 76 | 100 | 95 | 140 |
| Inventory | 0.48 | 0 | 0 | 0.08 |
| Other Assets | 317 | 260 | 274 | 234.92 |
| Total Assets | 468.68 | 451 | 454 | 456 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 177.81 | 177 | 177.81 | 177.8 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 34 | 27 | 38 | 58 |
| Borrowings | 148 | 130 | 118 | 97 |
| Trade Payables | 36 | 33 | 30 | 37 |
| Other Liabilities | 73 | 84 | 90.19 | 86.2 |
| Total Liabilities | 468.81 | 451 | 454 | 456 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 15 | 18 | 40 | 34 |
| OPBWC | 29 | 20 | 41 | 47 |
| Change in Receivables | 12 | -23 | 5 | -44 |
| Change in Inventories | -4.95 | -0.28 | 1 | 0 |
| Change in Payables | 9.33 | -2.68 | -4 | 7 |
| Other Changes | 18 | 19.13 | -9 | 18 |
| Working Capital Change | 34.38 | -6.83 | -7 | -19 |
| Cash Generated From Operations | 63.38 | 13.17 | 34 | 28 |
| Tax | -4.79 | -3.36 | -10 | -11 |
| Cash Flow From Operations | 58.59 | 9.81 | 24 | 17 |
| Purchase of PPE | -1.42 | -6.51 | -3 | -10 |
| Sale of PPE | 0.1 | 1.79 | 8 | 12 |
| Cash Flow From Investment | -1.2 | -12.72 | 21 | 8 |
| Borrowing | -17 | -13 | -14.6 | -22 |
| Dividend | -0.0067 | -0.008 | 0.14 | 0.26 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -15 | -4.6 | -13.54 | -19.26 |
| Cash Flow from Financing | -32.01 | -17.61 | -28 | -41 |
| Net Cash Generated | 25.38 | -20.52 | 17 | -16 |
| Cash at the Start | 56 | 81 | 61 | 78 |
| Cash at the End | 81.38 | 60.48 | 78 | 62 |
Inkel Limited is a pioneering infrastructure development and project management company established through a unique public–private partnership model, bringing together government support and professional corporate management. The company focuses on delivering high-quality infrastructure solutions across sectors such as industrial parks, logistics hubs, transportation, healthcare, education, and commercial real estate. Over the years, Inkel has developed a strong reputation for executing complex projects through efficient planning, stringent quality standards, and cost-effective management practices. Its ability to collaborate with government bodies, private investors, and institutional partners has enabled Inkel to create sustainable and impactful infrastructure that supports regional economic growth.
From a business standpoint, Inkel Limited operates with a diversified portfolio that includes infrastructure development, engineering consultancy, facilities management, and investment services. The company has successfully completed several notable projects, including industrial zones, roads, bridges, and public utility facilities. It leverages a robust project management framework complemented by technical expertise, adherence to regulatory norms, and a focus on transparency. With increasing demand for structured infrastructure development in India, especially in fast-growing states, Inkel’s approach of combining private-sector efficiency with public-sector support has positioned it as a reliable execution partner capable of handling large-scale and long-term projects.
In the unlisted market, Inkel Limited’s shares attract investor attention due to its steady performance, asset-backed operations, and long-term opportunities in India’s expanding infrastructure sector. The company’s strategic partnerships, experience in completing government-supported projects, and diversified revenue streams contribute to investor confidence. As India continues to allocate significant budgets toward infrastructure expansion—ranging from transport to industrial corridors—Inkel is well-positioned to benefit from rising project opportunities and sustained capital expenditure. For investors seeking exposure to a stable, infrastructure-focused business with strong governance and growth potential, Inkel Limited’s unlisted shares present an appealing option grounded in consistent execution and sectoral demand.
Q:1 How do I confirm the booking of Inkel Limited Unlisted Shares?Answer: You can confirm the booking by contacting us and providing the trading price for the Inkel Limited Unlisted Shares you wish to purchase.
Q:2 What documents do I need to provide to buy Inkel Limited Unlisted Shares?Answer: You need to provide your client master report (CMR), PAN Card, and a cancelled cheque if you are not transferring funds from the bank account mentioned in the CMR.These are necessary KYC documents as per SEBI regulations.
Q:3 How will I receive the bank details for the fund transfer?
Answer: We will provide you with the necessary bank details once you confirm your booking of the Inkel Limited Unlisted Shares.
Q:4 What payment methods can I use to buy Inkel Limited Unlisted Shares?Answer: You can make the payment through RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not accepted.
Q:5 Can I transfer funds from any bank account to buy shares?
Answer: No, the payment must be made from the same bank account where the shares are to be credited.
Q:6 Is there a specific time frame for making the payment after booking the shares?Answer: While there is no specific time frame mentioned, it is advisable to make the payment promptly after confirming your booking to ensure a smooth transaction.
Q:7 What happens if I do not provide the required KYC documents?Answer: If the required KYC documents are not provided, the transaction may not be processed as per SEBI regulations, and you may not be able to purchase the shares.
Q:8 Can I use cash to pay for my shares?
Answer: No, cash deposits are not accepted.All payments must be made through electronic transfer methods or cheque.