Inkel Industries Limited Unlisted Shares
Buy - ₹16.00
Sell - ₹20.50
About Inkel Industries Limited Unlisted Shares
1. About Inkel Industries Limited:
Inkel Limited, a pioneering Public-Private Partnership (PPP) initiative established by the Government of Kerala, is focused on revolutionizing the infrastructure landscape of the state. Through strategic collaborations with government agencies, investors, and the public, Inkel seeks to foster sustainable economic growth and create a blueprint for Kerala’s infrastructure development. By leveraging both public and private resources, Inkel offers professional expertise to drive large-scale infrastructure projects that span various sectors, including healthcare, renewable energy, road infrastructure, and business parks.
Inkel’s vision is to contribute significantly to Kerala’s economic progress by executing infrastructure projects that meet global standards and enhance public welfare. The company’s portfolio includes several high-value projects aimed at improving the state’s infrastructure and driving forward Kerala’s development goals.for long-term investors.
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
Pros
- Strong Government Backing: Supported by the Government of Kerala, providing an edge in securing large infrastructure projects.
- Diverse Project Portfolio: Focus across healthcare, renewable energy, roads, and real estate mitigates risk and diversifies revenue.
- Experience and Expertise: Proven track record of executing large projects with cost efficiency and global standards.
Cons
- Dependence on Government Projects: Reliance on government infrastructure plans exposes the company to policy changes and project delays.
- High Capital Intensity: The infrastructure sector requires significant capital investment, posing funding challenges.
- Operational Risks: Large-scale projects carry risks like cost overruns, delays, and regulatory hurdles.
