When was INCRED FINANCIAL SERVICES LIMITED incorporated?

INCRED FINANCIAL SERVICES LIMITED was incorporated on Feb 03, 1995. It is registered with the Registrar of Companies, Mumbai I, and its current company status is Active.

What is the Corporate Identification Number (CIN) of INCRED FINANCIAL SERVICES LIMITED?

INCRED FINANCIAL SERVICES LIMITED's Corporate Identification Number (CIN) is U67190MH1995PLC360817.

What is the latest revenue of INCRED FINANCIAL SERVICES LIMITED?

INCRED FINANCIAL SERVICES LIMITED generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026, reflecting a 1-year revenue CAGR of 36%. The company is currently audited by S.R. Batliboi & Associates LLP.

What is the latest employee count at INCRED FINANCIAL SERVICES LIMITED?

As of Mar 01, 2026, the latest employee count at INCRED FINANCIAL SERVICES LIMITED is 3,138.

Does INCRED FINANCIAL SERVICES LIMITED have any loans on it?

INCRED FINANCIAL SERVICES LIMITED has taken out 74 loans from the financial institutions CATALYST TRUSTEESHIP LIMITED, AXIS TRUSTEE SERVICES LIMITED and Canara Bank, with a total disclosed borrowing of over ₹1,760Cr. The largest loan was ₹400Cr from CATALYST TRUSTEESHIP LIMITED in May 2025, followed by others ranging from ₹25Cr to ₹270Cr between Oct 2024 and Feb 2026.

Who are the authorized signatories of INCRED FINANCIAL SERVICES LIMITED?

As of Sep 2026, the authorized signatories of INCRED FINANCIAL SERVICES LIMITED include Rupa Rajul Vora, Vivekanand Suryaprakash Periayapatnam and Bhupinder Singh.

INCRED FINANCIAL SERVICES LIMITED - 2026 Company Profile & Financials

Name: INCRED FINANCIAL SERVICES LIMITED
Brand: INCRED FINANCIAL SERVICES LIMITED
Price: 3.38 USD

Name	Short Description	Founded Year	Location	Current Stage
InCred	Provider of financial services specializing in personal, education, and business loans	2016	India	Series D
InCred Group	Provider of asset management services for enterprises	2017	India	Unfunded

Main Activity Group Code	Description of Main Activity	Business Activity Code	Description of Business Activity	Turnover Percentage
K	Financial and insurance activities	66	Activities auxiliary to financial service and insurance activities	abr

Name	Status	Appointment Date	Cessation Date
S.R. Batliboi & Associates LLP	jegslbr	qdrdjyo	aoqtmqm

Filing Summary

Here is a summary of filing activity and document availability across financial years:

File Type	FY 24-25	FY 23-24	FY 22-23	FY 21-22	FY 20-21
Financial Statements
Annual Returns

Latest Financials, Share Allotment and Annual Report

The latest filed financial documents, annual reports, and share allotment filings are shown below:

Form AOC-4 NBFC(IND AS)

Changes to Capital Structure

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Recent Filings

Below are the most recent filings submitted by the company:

Document Name	Category	Filing Date
Optional attachment(s)- if any	Other eForm Documents	Apr 30, 2026
Optional attachment(s)- if any	Other eForm Documents	Apr 30, 2026
Optional attachment(s)- if any	Other eForm Documents	Apr 30, 2026
Optional attachment(s)- if any	Other eForm Documents	Apr 30, 2026
List of Allottees	Other eForm Documents	Apr 30, 2026
Optional Attachment-(1)	Charges	Apr 28, 2026
CERTIFICATE OF SATISFACTION OF CHARGE	Certificates	Apr 28, 2026
Form MSME	Other eForm Documents	Apr 27, 2026
CERTIFICATE OF SATISFACTION OF CHARGE	Certificates	Apr 27, 2026
Optional Attachment-(1)	Charges	Apr 27, 2026

To access all company documents and filings with a single purchase, Buy Financials and Company Filings FY 25 Available15 mins

INCRED FINANCIAL SERVICES LIMITED generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of INCRED FINANCIAL SERVICES LIMITED has a compounded annual growth rate (CAGR) of 36% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	9802	6217	8636	6382	4023
Total Sales	7171	5336	2559	4603	9686
Total Expenses	7701	8448	9157	6168	4133
Operating Expenses	4774	6863	1389	1081	4086
Employee Expenses	3647	1016	5185	3578	6575
Operating Income (EBIT)	7251	6644	3467	4084	4594
Interest Expenses	8238	4912	9324	1096	6595
Expenses from other activities	3207	5921	2904	3976	1640
EBITDA	7542	8958	6258	4297	9285
Taxes	8124	1967	5249	2981	3822
Net Profit	6676	5949	2579	3021	2766
Balance Sheet
Assets	9736	7292	7078	8015	8524
Cash Equivalent	8304	6651	5001	2433	1477
Accounts Receivables	9802	9384	3677	3226	5064
Liabilities	3561	9921	2157	6648	5355
Total Debt	5145	2929	2929	7660	5453
Accounts Payable	9512	4757	1603	5031	4260
Equities	2119	1775	3855	7023	5493
Cashflow Statement
Cash from Operating activities	4763	2913	6213	9093	4292
Cash from Investing activities	8864	5058	6582	9291	5062
Net cash from Financing activities	2550	8639	4702	7319	3446

To access detailed financial performance and data, Buy Financial Report FY 26 Available15 mins

Ratios

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Profitability Ratios
EBITDA Margin	2013	8711	3836	4122	8342
EBIT Margin	9420	8267	1899	8873	5081
Net Profit Margin	8303	1358	9909	8461	5275
Return on Assets (ROA)	4451	2869	5217	4969	6911
Return on Equity (ROE)	9662	1750	7678	5776	3574
Return on Capital Employed	7308	8254	3537	7206	5341
Return on Invested Capital	8100	1151	3334	2979	4923
Efficiency Ratios
Asset Turnover	7313	3259	2040	1409	2502
Receivables Turnover	6723	6404	9915	5655	8419
Days Sales Outstanding	6224	9400	3105	3479	2878
Liquidity Ratios
Current Ratio	3403	1367	9468	2615	3045
Quick Ratio	4623	1094	1389	7478	6006
Cash Ratio	7005	7522	5274	6692	5771
Coverage Ratios
Cash Flow Coverage Ratio	3407	8750	2398	1627	2697
Debt Ratios
Debt-to-Equity Ratio	3886	3545	5829	8367	5152
Debt Ratio	6586	6789	1918	9787	9258
Net Debt	9792	4652	9246	8863	5161
Interest Coverage Ratio	5670	8265	7186	9674	1525
Debt Service Coverage Ratio	2669	1860	1153	4584	2720
Net Debt/EBITDA	1730	4139	2133	6533	1559
Growth Ratios
Revenue Growth Rate (CAGR)	7220	1049	2910	6486	6075
Earnings Growth Rate (CAGR)	4948	5091	8278	8212	4508

To access detailed financial performance and data, Buy Financial Report FY 26 Available15 mins

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Compounded Annual Growth Rate of INCRED FINANCIAL SERVICES LIMITED

Revenue CAGR	Growth
1 Year	36%
3 Year	119
5 Year	328

Disclaimer

There are 126 delayed MSME payments recorded for INCRED FINANCIAL SERVICES LIMITED during Oct 2025 - Mar 2026.

Here are the details of MSME payment delays for this period:

Supplier Name	Supplier PAN	Amount Due	Due since
Ozonetel Commun ications Private Limited	4906	2125	2411
ANANTH AM FINANCI AL SERVICES PRIVATE LIMITED	8060	6273	6249
Aurionpr o Solutions Limited	5132	9557	9311
Digitap.Ai Enterpris e Solutions Private Limited	1284	7668	4103
Monsoon Credittec h Private Limited	1113	9356	9788
Moshpit Technolo gies Private Limited (Finbox)	1599	1456	1073
Volt Mobility Private Limited	7696	1067	2160
Sdv Finconsul tant LLP	3293	1780	3689
Tss Consulta ncy Private Limited	2024	4377	5444
Mb Enterprises	4965	8045	6184

To access detailed supplier-wise and period-wise MSME payment delay information,

INCRED FINANCIAL SERVICES LIMITED has taken 74 loans and has issued 1358 loans as a lender.

Here is a list of loans and charges on INCRED FINANCIAL SERVICES LIMITED:

As a Borrower

Loan/ Charge ID	Lender Name	Loan Amount	Status	Creation Date	Closure Date
101275067	CATALYST TRUSTEESHIP LIMITED	₹30Cr	ipgy{lp	Feb 18, 2026	kcjmttr
101244977	CATALYST TRUSTEESHIP LIMITED	₹110Cr	a{mxgvi	Jan 13, 2026	bin{imj
101221124	AXIS TRUSTEE SERVICES LIMITED	₹270Cr	wenhule	Dec 30, 2025	{{wjpen
101227700	CATALYST TRUSTEESHIP LIMITED	₹25Cr	svlinhm	Dec 12, 2025	kstxcwy
101237385	CATALYST TRUSTEESHIP LIMITED	₹100Cr	djwbdhr	Dec 08, 2025	qkszuuj
101204814	CATALYST TRUSTEESHIP LIMITED	₹25Cr	gik{yjj	Oct 15, 2025	jgfypcg
101201250	CATALYST TRUSTEESHIP LIMITED	₹25Cr	sljssry	Oct 08, 2025	decunzw
101200734	CATALYST TRUSTEESHIP LIMITED	₹26Cr	zkkknle	Sep 30, 2025	ezyeaws
101153210	CATALYST TRUSTEESHIP LIMITED	₹39Cr	dknoxef	Jul 22, 2025	hqgnnsz
101151060	CATALYST TRUSTEESHIP LIMITED	₹35Cr	flzmotc	Jul 18, 2025	meflvgg
101145654	CATALYST TRUSTEESHIP LIMITED	₹400Cr	sjsjgrj	May 28, 2025	{gysfwf
101097765	CATALYST TRUSTEESHIP LIMITED	₹100Cr	aezf{j{	Feb 18, 2025	ugymkfb
101087399	CATALYST TRUSTEESHIP LIMITED	₹48Cr	mzqyjei	Jan 24, 2025	akdxaek
101087344	CATALYST TRUSTEESHIP LIMITED	₹55Cr	{dtqmvp	Jan 20, 2025	oe{osfn
101039067	CATALYST TRUSTEESHIP LIMITED	₹55Cr	qaioaoi	Dec 31, 2024	cmlahly
101019292	-	₹42Cr	c{fcwwq	Dec 23, 2024	pnbrnim
101028760	CATALYST TRUSTEESHIP LIMITED	₹90Cr	ebyhpks	Dec 11, 2024	ldmwxvy
101029467	CATALYST TRUSTEESHIP LIMITED	₹25Cr	brjynge	Nov 27, 2024	ldfzxnm
101014243	AXIS TRUSTEE SERVICES LIMITED	₹212Cr	pjisgbt	Nov 14, 2024	nyh{cai
101035679	CATALYST TRUSTEESHIP LIMITED	₹50Cr	qqavbre	Oct 29, 2024	dpdprom

To access detailed information on a company’s loans, borrowings, & registered charges,

As a Lender

Loan/ Charge ID	Borrower Name	Loan Amount	Status	Creation Date	Closure Date
101291580	MIZUHO RA LEASING PRIVATE LIMITED	₹17.7L	bczqjqg	May 08, 2026	bobelva
101291582	MIZUHO RA LEASING PRIVATE LIMITED	₹47L	pn{svca	May 07, 2026	qnlxlpw
101291573	MIZUHO RA LEASING PRIVATE LIMITED	₹61.3L	roqmhgp	Apr 30, 2026	xskoxhg
101287905	MIZUHO RA LEASING PRIVATE LIMITED	₹3Cr	sf{iwvh	Apr 15, 2026	rtqrmcp
101286713	MIZUHO RA LEASING PRIVATE LIMITED	₹50.6L	nolwhzt	Apr 13, 2026	zwzrczv
101282284	IVY PROPTECH PRIVATE LIMITED	₹1Cr	evxx{x{	Mar 31, 2026	fhbsgtx
101281742	EQUIFLEX PRIVATE LIMITED	₹63.4L	kpnmpuy	Mar 31, 2026	hwwkmuj
101270562	MIZUHO RA LEASING PRIVATE LIMITED	₹8.82Cr	gzytnen	Mar 30, 2026	ekvriji
101276411	CONNECT RESIDUARY PRIVATE LIMITED	₹4.28Cr	bzp{kpy	Mar 30, 2026	vduveow
101270556	MIZUHO RA LEASING PRIVATE LIMITED	₹50.4L	avusywq	Mar 28, 2026	wpqyyaz
101274652	MIZUHO RA LEASING PRIVATE LIMITED	₹19.9Cr	exguvjm	Mar 26, 2026	w{m{bww
101281276	NTL INDIA LIMITED	₹5Cr	osvhvag	Mar 26, 2026	ycztidn
101274682	SUPERGROWTH INVESTMENTS PRIVATE LIMITED	₹5Cr	bxbqhdu	Mar 26, 2026	rufto{n
101281719	EQUIFLEX PRIVATE LIMITED	₹7.48Cr	pta{ine	Mar 24, 2026	rzfhbwm
101272292	MIZUHO RA LEASING PRIVATE LIMITED	₹2.45Cr	cguvxb{	Mar 24, 2026	mjcnuyg
101281715	EQUIFLEX PRIVATE LIMITED	₹2.15Cr	yhavvkf	Mar 24, 2026	vlhgcrn
101270549	MIZUHO RA LEASING PRIVATE LIMITED	₹1.77Cr	kexlpqm	Mar 20, 2026	qhvud{s
101270543	MIZUHO RA LEASING PRIVATE LIMITED	₹1.7Cr	is{etyr	Mar 20, 2026	pyvcelx
101271118	EQUIFLEX PRIVATE LIMITED	₹2.24Cr	supkabv	Mar 18, 2026	jnvwymz
101267626	CONNECT RESIDUARY PRIVATE LIMITED	₹1.31Cr	srn{hxy	Mar 18, 2026	qtanxcf

To access detailed information on a company’s loans, borrowings, & registered charges,

Board of Directors of INCRED FINANCIAL SERVICES LIMITED

Here is the list of current board of directors of INCRED FINANCIAL SERVICES LIMITED:

Name	Designation	Status	Appointment Date	Duration
Gaurav Maheshwari	Whole-time Director	Current	Feb 24, 2025	1 Year 7 Months
Sekar Karnam	Director	Current	Jul 26, 2022	4 Years 2 Months
Rupa Rajul Vora	Director	Current	Jul 26, 2022	4 Years 2 Months
Bhupinder Singh	Whole-time Director	Current	Jul 26, 2022	4 Years 2 Months
Vivekanand Suryaprakash Periayapatnam	Director	Current	Jul 26, 2022	4 Years 2 Months
Sunita Gupta	Director	Current	Jun 14, 2023	3 Years 3 Months
Sankaran Nair Rajagopal	Director	Current	Jun 19, 2023	3 Years 3 Months

To access detailed information on a company’s board members, directors, & authorized signatories,

Signatories of INCRED FINANCIAL SERVICES LIMITED

Here is the list of current signatories of INCRED FINANCIAL SERVICES LIMITED:

Name	Designation(s)	Status	Appointment Date	Duration
Rupa Rajul Vora	Director	Current	Jul 26, 2022	4 Years 2 Months
Vivekanand Suryaprakash Periayapatnam	Director	Current	Jul 26, 2022	4 Years 2 Months
Bhupinder Singh	Whole-time Director	Current	Jul 26, 2022	4 Years 2 Months
Sekar Karnam	Director	Current	Jul 26, 2022	4 Years 2 Months
Sunita Gupta	Director	Current	Jun 14, 2023	3 Years 3 Months
Sankaran Nair Rajagopal	Director	Current	Jun 19, 2023	3 Years 3 Months
Gaurav Maheshwari	Whole-time Director	Current	Feb 24, 2025	1 Year 7 Months
Nikita Deepak Shetty	Company Secretary	Current	Apr 15, 2026	5 Months

To access detailed information on a company’s board members, directors, & authorized signatories,

Cross Directorships of INCRED FINANCIAL SERVICES LIMITED

INCRED FINANCIAL SERVICES LIMITED has directors who also hold positions in 14 other legal entities. All are listed below:

Legal Entity Name	% of Common Directors	Common Director(s)	Open Charge(s)	Active Legal Case(s)
INCRED FINANCIAL SERVICES LIMITED CIN: U67190MH1995PLC360817, India, Active	232	973	625	222
Omniactive Health Technologies Limited CIN: U24230MH2003PLC141898, India, Active	962	940	448	544
AROHAN FINANCIAL SERVICES LIMITED CIN: U74140WB1991PLC053189, India, Active	849	869	571	504
INCRED HOUSING FINANCE PRIVATE LIMITED CIN: U65923MH2015PTC271359, India, Amalgamated	282	117	687	744
INDIA ALTERNATIVES INVESTMENT ADVISORS PRIVATE LIMITED CIN: U74140MH2010PTC198879, India, Active	301	837	478	258
OAKS ASSET MANAGEMENT PRIVATE LIMITED CIN: U67200MH2015PTC264110, India, Active	891	538	513	997
Deltatech Gaming Limited CIN: U72300MH2011PLC452342, India, Active	133	182	674	549
OAKS ASSET MANAGEMENT PRIVATE LIMITED CIN: U67200MH2015PTC264110, India, Active	661	286	543	380
JM FINANCIAL ASSET RECONSTRUCTION COMPANY LIMITED CIN: U67190MH2007PLC174287, India, Active	957	209	521	659
INCRED HOUSING FINANCE PRIVATE LIMITED CIN: U65923MH2015PTC271359, India, Amalgamated	325	806	533	261
INARA CAPITAL ADVISORS PRIVATE LIMITED CIN: U67110KA2012PTC066455, India, Active	483	335	491	481
LAURUS LABS LIMITED CIN: L24239AP2005PLC047518, India, Active	537	587	153	825
SAARATHI FINANCE AND CREDIT PRIVATE LIMITED CIN: U64199MH2024PTC429944, India, Active	989	175	277	951
INCRED PRIVE WEALTH PRIVATE LIMITED CIN: U74901MH2026PTC472452, India, Active	567	110	620	138

To access detailed information on a company’s board members, directors, & authorized signatories,

INCRED FINANCIAL SERVICES LIMITED has an employee count of 3138 as on Mar 01, 2026.

Employee count trend for INCRED FINANCIAL SERVICES LIMITED

Date	Employee Count
Mar 26	3138
Feb 26	738
Jan 26	778
Dec 25	199
Nov 25	353
Oct 25	302
Sep 25	154

There are two brands associated with INCRED FINANCIAL SERVICES LIMITED, namely InCred and InCred Group. Here is the list of the Top 10 competitors of InCred ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	InCred 2016, Mumbai (India), Series D	Provider of financial services specializing in personal, education, and business loans	$320M	Paragon Partners, FMO & 128 others	82/100
2nd	Finnable 2016, Bengaluru (India), Series C	Platform offering online personal loans with minimal documentation	$90.2M	Z47, India Nippon Electricals & 28 others	79/100
3rd	Moneyview 2014, Bengaluru (India), Series E	Provider of loans, credit cards, gold investment, insurance, and UPI	$215M	Accel, Tiger Global Management & 25 others	76/100
4th	Navi 2012, Bengaluru (India), Series B	Provider of financial products including UPI, loans, insurance, and mutual funds	$445M	Gaja Capital, NDX Financial Services & 39 others	73/100
5th	Fibe 2015, Pune (India), Series F	Provider of personal loans, credit lines, and financial wellness solutions	$250M	Eight Roads Ventures, Transcorp & 49 others	72/100
6th	BlackSoil 2010, Mumbai (India), Series C	Provider of alternative debt and supply chain financing solutions to businesses	$36.3M	FMO, MAHAVIR AGENCIES & 11 others	72/100
7th	Oxyzo 2016, Gurugram (India), Series A	Provider of financial solutions, including loans, for SMEs and corporates	$201M	Tiger Global Management, Creation Investments ... & 7 others	71/100
8th	InPrime Finserv 2021, Bengaluru (India), Series A	Provider of financial services focused on priority sector lending	$10.6M	Info Edge Ventures, Pravega Ventures & 50 others	71/100
9th	DMI Finance 2008, Delhi (India), Series E	Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans	$734M	MUFG, Sumitomo Mitsui Trust Bank & 5 others	70/100
10th	Credit Saison 2019, Bengaluru (India), Series D	Provider of diverse financial products and lending solutions for businesses and individuals	$144M	Mizuho Financial Group	70/100

To view the full list of competitors of InCred and the other associated brands,

Media has covered brands linked with INCRED FINANCIAL SERVICES LIMITED for a total of 18 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.