2. Business Divisions:

Inkel Industries Limited operates across multiple sectors, with a focus on critical infrastructure development. Some of its key business divisions include:

• Healthcare Projects:
  Inkel has been entrusted by the Government of Kerala to execute major healthcare infrastructure projects. As a Special Purpose Vehicle (SPV), Inkel is implementing a range of projects, including:
  • Cochin Cancer Hospital and Research Centre
  • Ernakulam Medical College
  • Thiruvananthapuram Medical College
  • Wayanad Medical College
  • Several General Hospitals across Kerala, including Ernakulam, Punalur, Chirayinkeezhu, and Kottayam

  The total project value of these healthcare initiatives exceeds ₹3,000 crores, cementing Inkel’s position as a key player in Kerala’s healthcare infrastructure.

• Renewable Energy Projects:
  Inkel is committed to sustainable energy solutions, and its renewable energy initiatives include solar projects with a cumulative capacity of over 15 MWp. The company’s subsidiary, Inkel Renewable Energy (P) Ltd., is also working on a 14 MW wind energy project for Kerala State Electricity Board (KSEB).
• Road Infrastructure:
  Inkel has a proven track record in road infrastructure, having successfully completed a ₹161.48 crore PPP road project with EKK Infrastructure Limited. The project, completed five months ahead of schedule, showcases Inkel’s ability to execute high-quality infrastructure projects on time.
• INKEL Business Park (IBP), Angamaly:
  One of Inkel’s flagship projects is the INKEL Business Park in Angamaly, which provides 4.25 lakh square feet of built-up space. The park currently houses businesses from various sectors and is expanding to include more towers in the coming years, positioning it as a hub for industrial investment and entrepreneurship in Kerala.

3. Financial Highlights:

The financial performance of Inkel Industries Limited Unlisted Shares has shown significant growth and stability. Below are the key financial highlights:

• Revenue Growth:
  Inkel’s revenue increased from ₹82 crore in 2023 to ₹98 crore in 2024, marking a 19.5% year-on-year growth. This growth is a positive indicator of the company’s expanding project portfolio and revenue-generating capabilities.
• Strong Profit Margins:
  Inkel achieved a gross margin of 66.33% in 2024, up from 65.85% in 2023, demonstrating its ability to maintain high profitability despite operating in capital-intensive sectors.
• EBITDA and Operating Profitability:
  The company’s EBITDA surged to ₹40 crore in 2024, reflecting a significant increase from ₹23.56 crore in 2023. This growth highlights Inkel’s operational efficiency and its capacity to manage costs effectively while delivering quality infrastructure projects.
• Net Profit Growth:
  PAT (Profit After Tax) for 2024 stood at ₹31 crore, a significant jump from ₹14.44 crore in 2023. This represents a 31.63% net profit margin (NPM), reflecting Inkel’s strong profitability and operational success.
• Earnings Per Share (EPS):
  The company’s EPS for 2024 was ₹1.74, up from ₹0.82 in 2023, demonstrating a strong return on investment for shareholders. With a P/E ratio of 12.64, Inkel’s shares offer attractive valuation, especially

Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided