Inkel Unlisted Share Price Today
ISIN INE308U01017.
INKEL is a Kerala-based infrastructure development and project management company operating under a Public–Private Partnership (PPP) model with participation from the Government of Kerala and Non-Resident stakeholders. The company is primarily engaged in Project Management Consultancy (PMC), Engineering, Procurement and Construction (EPC), industrial park development, and renewable energy projects. Its revenue mix includes consultancy income, project execution revenue, and returns from subsid…
Inkel Unlisted Share Price Today
INKEL is a Kerala-based infrastructure development and project management company operating under a Public–Private Partnership (PPP) model with participation from the Government of Kerala and Non-Resident stakeholders. The company is primarily engaged in Project Management Consultancy (PMC), Engineering, Procurement and Construction (EPC), industrial park development, and renewable energy projects. Its revenue mix includes consultancy income, project execution revenue, and returns from subsidiaries and associate entities.
INKEL follows an asset-backed infrastructure development model, with operations spanning civil construction, industrial infrastructure, and renewable energy (including solar, wind, and hybrid projects). Unlike large-scale national EPC contractors, INKEL operates with a relatively focused geographic presence, with significant exposure to state-led infrastructure projects and group-captive renewable initiatives. As a result, its earnings profile reflects a combination of operating execution and income contributions from subsidiaries and associate investments.
Headquartered in Kochi, Kerala, India, INKEL maintains a growing equity base and has demonstrated strong operating margins over recent years.
EBITDA margin averaged ~46% over 5 years, significantly strong for an infra company.
Revenue contracted sharply in FY22 (-17.43%) and FY23 (-11.13%) before recovering.
PAT rebounded strongly in FY24–FY25, but EPS shows high volatility (-82% in FY22, +220% in FY23).
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Financial Ratio Comparison (FY25)
Key Managerial Personnel
As of FY26Shri P. Rajeeve is the Chairman of INKEL (Infrastructure Kerala Limited), a Public-Private Partnership promoted by the Government of Kerala to develop state infrastructure.
Dr. Ellangovan K is the Managing Director of INKEL and an alumnus of the Indian Institute of Technology Madras. He previously served as the Additional Chief Secretary for the Government of Kerala.
