Corezest Private Limited

Corezest Private Limited - equipment & machinery in Palghar, Maharashtra, India. Directors, charges & compliance details.
CIN U29190MH2021PTC373947 Incorporated 24 December 2021 ROC Mumbai HQ Palghar, Maharashtra, India
Active Private Limited Company equipment and machinery Startup India MSME · Micro
Data last updated
Revenue · FY 2025
₹1.3 Cr
▼ 3% YoY
Net profit · FY 2025
₹90,432
Net margin 0.7%
EBITDA · FY 2025
₹1.48 Lakh
EBITDA margin 1.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Corezest Private Limited

Data last updated:

Corezest Private Limited is a private limited company based in Palghar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the industrial equipment and machinery sector. It was incorporated on 24 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29190MH2021PTC373947.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Akash Hasha Gharat and Bhushan Chandrakant Patil.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 5 Lakshmi Niwas Banglow N. R. Petrol Pump Chandansar Virar (E), Palghar, Maharashtra, India – 401305.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹90,432 (net margin 0.7%) and EBITDA of ₹1.48 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 719% over three years.

Court records list 1 case involving the company, including 1 filed against it.

Corezest Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0053538). The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Corezest Private Limited
CIN U29190MH2021PTC373947
Registration Number 373947
Incorporation Date 24 December 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0053538
Key People
Akash Hasha Gharat Director Bhushan Chandrakant Patil Director Swapnil Ramrao Patil Director

Recognitions & Rankings of Corezest

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-MH-17-0053538
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Shop No. 5 Lakshmi Niwas Banglow N. R. Petrol Pump Chandansar Virar (E), Palghar, Maharashtra, India – 401305
  • Industry
    Equipment & Machinery, Manufacturing, General Purposemachinery, General Purpose Machinery
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Financials, compliance, directors, charges, ownership and filings for Corezest Private Limited in one report.

Financials from FY 2022 Directors & ownership Charges & compliance

Business Activity of Corezest Private Limited

The main business activity of Corezest is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Financials of Corezest Private Limited FY 2025 filings available

Corezest Private Limited reported revenue of ₹1.3 Cr (down 3% YoY) for FY 2025.

Revenue · FY 2025
₹1.3 Cr ▼ 3%
Net profit · FY 2025
₹90,432 margin 0.7%
EBITDA · FY 2025
₹1.48 Lakh margin 1.1%

Compounded Annual Growth Rate (CAGR) of Corezest Private Limited

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 719%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 372%

Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 719%. EBITDA fell 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Corezest Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue••••••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹1.48 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹90,432••••••••••••
Balance Sheet
Share Capital••••••••••••••••
Reserves and Surplus••••••••••••••••
Net Worth (Total Equity)••••••••••••••••
Long-term Borrowings••••••••••••••••
Short-term Borrowings••••••••••••••••
Trade Payables••••••••••••••••
Total Liabilities••••••••••••••••
Fixed Assets••••••••••••••••
Investments••••••••••••••••
Inventories••••••••••••••••
Trade Receivables••••••••••••••••
Cash and Bank Balance••••••••••••••••
Total Assets••••••••••••••••

Financial Ratios of Corezest Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin1.1%••••••••••••
Net Profit Margin0.7%••••••••••••
Return on Equity (ROE)••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••
Return on Assets (ROA)••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••
Quick Ratio••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••
Interest Coverage Ratio••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••
Receivable Days••••••••••••••••
Payable Days••••••••••••••••
Inventory Days••••••••••••••••
Revenue Growth••••••••••••••••
Net Profit Growth••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Corezest are in the company report.

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Financial statements from FY 2022

Earlier years and trend charts are in the company report.

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Board of Directors of Corezest Private Limited

Corezest has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Akash Hasha Gharat
Also directs: Aum Gayatri Properties LLP, Sainema Private Limited
Director24 Dec 20214 Years 9 MonthsCurrent
Bhushan Chandrakant PatilDirector24 Dec 20214 Years 9 MonthsCurrent
Swapnil Ramrao PatilDirector24 Dec 20214 Years 9 MonthsCurrent
View all directors

Peer Comparison of Corezest Private Limited

Corezest Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Satya Sai Cables Private Limited₹1.3 Cr (FY 2018)••••••••-51.0%••••Delhi, India
Throb Engineering Private Limited₹1.3 Cr (FY 2025)••••••••10.0%••••Coimbatore, Tamil Nadu, India
Keya Fusion Technology Private Limited₹1.3 Cr (FY 2024)••••••••4.0%••••Vadodara, Gujarat, India
Cookman Cooking Equipments Private Limited₹1.3 Cr (FY 2025)••••••••-23.0%••••Faridabad, Haryana, India
Mecklen Precision Private Limited₹1.3 Cr (FY 2025)••••••••12.0%••••Rajkot, Gujarat, India
Corezest Private Limited this company₹1.3 Cr (FY 2025)••••••••-3.0%••••Palghar, Maharashtra, India
Srinath Elevators Private Limited₹1.3 Cr (FY 2025)••••••••-43.0%••••Vadodara, Gujarat, India
Spectra Equipments Private Limited₹1.29 Cr (FY 2025)••••••••44.0%••••Medak, Telangana, India
Geetajash Industrial Supplies Private Limited₹1.29 Cr (FY 2024)••••••••58.0%••••Dholka, Gujarat, India
Raghu Vamsi Siri Aerospace Private Limited₹1.29 Cr (FY 2024)••••••••65.0%••••Hyderabad, Telangana, India
JCR Rigs India Private Limited₹1.29 Cr (FY 2022)••••••••••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Corezest by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Corezest Private Limited

Corezest Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Corezest Private Limited

Employment history and EPFO contributions of people linked to Corezest.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Corezest Private Limited

Corezest Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Akash Hasha Gharat was appointed as Director on 24 Dec 2021.

AGM
Corezest Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Corezest Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Akash Hasha Gharat was appointed as Director.
Appointed
Bhushan Chandrakant Patil was appointed as Director.
Appointed
Swapnil Ramrao Patil was appointed as Director.
Incorporation
24 Dec 2021
Corezest Private Limited was registered on 24 Dec 2021 with Roc Mumbai Ii & aged 4 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Corezest Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Corezest Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Corezest Private Limited

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Corporate group structure

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GST Compliance of Corezest Private Limited

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GST registrations and filing compliance

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MCA Filings & Documents of Corezest Private Limited

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MCA filings and documents

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Frequently Asked Questions about Corezest Private Limited

Corezest is an active private limited company based in Palghar, Maharashtra, India. The company works in manufacturing, within the equipment and machinery industry. It was incorporated on 24 December 2021 (5+ years old) and is registered under CIN U29190MH2021PTC373947.

Corezest reported revenue of ₹1.3 Cr for FY 2025 (down 3% YoY).

Corezest has 3 current directors:

Corezest reported a net profit of ₹90,432 (net margin 0.7%) and EBITDA of ₹1.48 Lakh (EBITDA margin 1.1%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Corezest is 719% over three years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Corezest is U29190MH2021PTC373947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Corezest has 1 court case on record: 1 filed against it.

Corezest was incorporated on 24 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Corezest by revenue are Satya Sai Cables Private Limited, Throb Engineering Private Limited, Keya Fusion Technology Private Limited, Cookman Cooking Equipments Private Limited, Mecklen Precision Private Limited and 5 more, all in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment).

Akash Hasha Gharat was appointed as Director on 24 Dec 2021. Bhushan Chandrakant Patil was appointed as Director on 24 Dec 2021. Swapnil Ramrao Patil was appointed as Director on 24 Dec 2021.

Yes, Corezest is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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