Incon Engineers
Incon Engineers Limited is a Hyderabad-based, BSE-listed industrial equipment manufacturer (founded 1970) that designs and builds Fluid Energy Mills for ultra-fine powder grinding and custom industrial/medical gas plants for chemical, pharmaceutical, and gas-industry customers via direct B2B sales.
- Company typePublic
- Founded1970
- HeadquartersHyderabad, India
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Incon Engineers does
Incon Engineers Limited is a publicly listed Indian industrial equipment manufacturer and design consultancy headquartered at B-6/3, I.D.A., Uppal, Hyderabad, founded in 1970 and listed on the BSE (BOM:531594). The company operates three core product lines: Fluid Energy Mills for ultra-fine (low and sub-micron) grinding of powders, Industrial Gas Manufacturing Solutions (including acetylene generators and hot air generators), and Medical Gas Manufacturing Solutions (including nitrous oxide plants), supplemented by turnkey project execution covering design, manufacturing, and installation. It claims world-leading status in low and sub-micron grinding technology and holds the design distinction of building India's largest Medium Pressure Carbide-to-water Acetylene Generator (125 Cu.M/hr) and largest Hot Air Generator (40,00,000 K.Cal/hr).
The business model is B2B direct sales of custom-engineered, quote-based equipment to industrial customers in chemical processing, pharmaceutical, and industrial/medical gas sectors, with lead capture through the incon.in corporate website and a structured material-specification intake form. Equipment is custom-designed against customer material properties, capacity, and construction-material specifications, and revenue is recognized as one-time equipment sales and turnkey project fees rather than recurring contracts. Distribution is direct (no channel partners), pricing is non-public, and the served market is India-only.
Operationally, the company is micro-scale: 1–10 employees, FY26 revenue of ₹43.55 lakh, a widened net loss of ₹42.57 lakh attributed to order finalization delays, and negative net worth of ₹0.78 crore. The board is led by Managing Director Sri Sreedhar Chowdhury with three non-executive directors, the statutory auditor is Brahmayya & Co, and the banker is State Bank of India. The financial profile indicates a stagnant, order-dependent micro-cap public entity with no documented M&A, funding, partnership, or expansion activity.
Incon Engineers firmographics
Firmographics- Name
- Incon Engineers
- Legal name
- Incon Engineers Limited
- Website
- https://incon.in
- Company type
- Public
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Incon Engineers Limited is a Hyderabad-based, BSE-listed industrial equipment manufacturer (founded 1970) that designs and builds Fluid Energy Mills for ultra-fine powder grinding and custom industrial/medical gas plants for chemical, pharmaceutical, and gas-industry customers via direct B2B sales.
- Ownership category
- akta.pro rank
Incon Engineers industry classification
Industry- Product category
- Industrial Process Equipment
- NAICS
- Other General Purpose Machinery Manufacturing (3339)
- SIC
- Special Industry Machinery (No Metalworking Machinery) (3550)
- akta.pro primary industry
- Chemical Processing Equipment (Reactors, Mixers, Agitators) (IMAHAEAA)
- akta.pro secondary industries
- Pneumatic Components (FRLs, Cylinders, Valves) (IMAHAGAC), Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL)
Keywords
Where Incon Engineers is headquartered
LocationHeadquarters
- HQ city
- Hyderabad
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Incon Engineers business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Others
Revenue model
- Industrial Equipment Manufacturing and Sales: Revenue generated from manufacturing and selling Fluid Energy Mills and industrial gas manufacturing equipment. The company also undertakes turnkey projects encompassing design, manufacturing, and execution.
- Turnkey Project Execution: Design and execution of turnkey projects for industrial and medical gas manufacturing facilities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Incon Engineers product offering
Product offeringCore offering
Incon Engineers Limited manufactures and supplies specialized chemical process equipment, primarily Fluid Energy Mills for ultra-fine and sub-micron grinding of powders across capacity ranges from a few kgs per hour to several tons per hour. The company also designs and manufactures industrial gas manufacturing equipment (including India's largest Medium Pressure Carbide-to-water Acetylene Generator and large Hot Air Generators) and medical gas plants (Nitrous Oxide Plants), while undertaking turnkey projects encompassing design, manufacturing, and execution.
Product overview
Incon Engineers Limited operates as a design, consultancy, and manufacturing organization established in 1970. The company offers a portfolio of three core product lines: Fluid Energy Mills for ultra-fine grinding of powders (their primary offering where they are recognized as world leaders in low and sub-micron grinding), Industrial Gas Manufacturing Solutions including acetylene generators and hot air generators, and Medical Gas Manufacturing Solutions including nitrous oxide plants. The company also executes turnkey projects. The product portfolio centers on specialized industrial equipment for powder processing and gas manufacturing rather than a unified software platform.
Differentiator
Problem solved
Functional benefit
Brands
- Fluid Energy Mills: Ultra-fine Grinding of powders manufacturing a wide range of Fluid Energy Mills for cost effective grinding solutions through improved design.
Products and services
- Fluid Energy Mill
Quantifiable outcome
- Achieved consistent product quality in ultra-fine grinding operations
- +2 more outcomes
Companies that use Incon Engineers
Customer profileSegments3 records
Ideal customer profiles3 records
Incon Engineers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Incon Engineers partnerships and signals
Strategic signalScale indicators5 records
Recent moves3 records
Expansion highlights4 records
Incon Engineers competitors and assessment
Company assessmentBroad incumbents
- Thermax Limited: Large Indian industrial equipment and process solutions company with a broad portfolio including gas generation, heating, and process equipment. Comparable as an Indian peer serving chemical and industrial customers, though Thermax is far larger and more diversified.
- Praj Industries: Indian process engineering and equipment company serving chemicals, biofuels, and industrial gas sectors. Comparable to Incon on process-equipment manufacturing and turnkey execution capability for industrial customers in India, though at significantly larger scale.
- Larsen & Toubro (L&T) Heavy Engineering: Indian heavy engineering company manufacturing process equipment including for chemical, petrochemical, and industrial gas applications. Comparable as an Indian manufacturer of custom industrial process equipment, though at vastly larger scale and broader scope.
- NETZSCH Fine Particle Technology: Manufactures fluidized-bed jet mills and other fine grinding equipment. Direct technology overlap with Incon's Fluid Energy Mills and serves the same chemical and pharmaceutical processing customers, but at global scale with broader product portfolio.
- Hosokawa Micron: Global leader in powder and particle processing equipment, including fluidized-bed jet mills (a direct fluid energy mill technology parallel to Incon's). Comparable because both serve ultra-fine grinding customers in chemicals and pharma, though Hosokawa operates at much larger scale globally.
- FLSmidth: Global supplier of equipment and services for mining and cement industries, including grinding and processing equipment. Comparable on industrial grinding and processing equipment manufacturing, though focused on minerals rather than chemicals/pharma.
Direct peers
- Fluid Energy Processing & Equipment Company: North American manufacturer of fluid energy / jet mills for ultra-fine grinding. Directly comparable to Incon on core Fluid Energy Mill technology and sub-micron powder processing applications.
- Sturtevant (Carrier): Specializes in fluid energy mills (jet mills) for ultra-fine powder grinding. Most directly comparable to Incon on core product technology and end-use applications in chemicals and minerals processing, though based in the US.
- Pallmann Industries: Specializes in size reduction and processing equipment including fine grinding systems. Comparable to Incon as a specialized industrial machinery manufacturer focused on powder processing and grinding applications.
Regional players
- Grinding Solutions (India): Indian supplier of grinding and powder processing equipment. Comparable as a regional Indian player in the same grinding equipment category as Incon, competing for the same domestic chemical and pharma customers.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights5 records
Customer concentration
Incon Engineers social profiles
Digital presenceIncon Engineers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Incon Engineers leadership team
Management profileNumber of profiles
Profiles4 records
Incon Engineers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Incon Engineers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Incon Engineers
What does Incon Engineers do?
Incon Engineers Limited manufactures and supplies specialized chemical process equipment, primarily Fluid Energy Mills for ultra-fine and sub-micron grinding of powders across capacity ranges from a few kgs per hour to several tons per hour. The company also designs and manufactures industrial gas manufacturing equipment (including India's largest Medium Pressure Carbide-to-water Acetylene Generator and large Hot Air Generators) and medical gas plants (Nitrous Oxide Plants), while undertaking turnkey projects encompassing design, manufacturing, and execution.
Is Incon Engineers a public or private company?
Incon Engineers is a public company. It is classified as public and is currently operating.
When was Incon Engineers founded?
Incon Engineers was founded in 1970. It employs 1 to 10 people.
Where is Incon Engineers based?
Incon Engineers is headquartered in Hyderabad, India, in the Asia region.
How does Incon Engineers make money?
Two revenue lines are on record. Industrial Equipment Manufacturing and Sales are the primary driver. The others are turnkey Project Execution.
Who are Incon Engineers's main competitors?
Broad incumbents on record are Thermax Limited, Praj Industries, Larsen & Toubro (L&T) Heavy Engineering, NETZSCH Fine Particle Technology, Hosokawa Micron and FLSmidth. Direct peers are Fluid Energy Processing & Equipment Company, Sturtevant (Carrier) and Pallmann Industries. Grinding Solutions (India) is listed as a regional player.
Does Incon Engineers have an API?
No public API is recorded for Incon Engineers.
What industry is Incon Engineers in?
Incon Engineers's product category is Industrial Process Equipment. Its primary akta.pro industry code is IMAHAEAA, Chemical Processing Equipment (Reactors, Mixers, Agitators), with a secondary code of IMAHAGAC, Pneumatic Components (FRLs, Cylinders, Valves). Its NAICS code is 3339 and its SIC code is 3550.