Cornerstone Electrotech Private Limited
About Cornerstone Electrotech Private Limited
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Cornerstone Electrotech Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 08 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2015PTC267303. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin and Ronak Kirtikumar Gandhi.
Its last annual general meeting (AGM) was held on 09 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Office No. 3 Near R.T.O Office Dindori Road Panchavati Geeta Laxmi Apartment, Nashik, Maharashtra, India – 422003.
As per the financials filed for FY 2023, the company reported a revenue of ₹34.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1 Lakh (net margin 0%) and EBITDA of ₹20.83 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 436% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cornerstone Electrotech Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 3 Near R.T.O Office Dindori Road Panchavati Geeta Laxmi Apartment, Nashik, Maharashtra, India – 422003
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Cornerstone Electrotech Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Cornerstone Electrotech is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Cornerstone Electrotech Private Limited, buy the company report.
Financials of Cornerstone Electrotech Private Limited
FY 2023 filings availableCornerstone Electrotech Private Limited reported revenue of ₹34.54 Cr (up 409% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 436% over five years, including 409% growth in the latest year. EBITDA rose 36% 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
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| EBITDA | ₹20.83 Lakh | ||||
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| Net Profit (PAT) | ₹1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Cornerstone Electrotech Private Limited, buy the company report.
Board of directors of Cornerstone Electrotech Private Limited
Cornerstone Electrotech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin | Director | 12 Jun 2021 | 5 Years 4 Months | Current |
| Ronak Kirtikumar Gandhi | Director | 12 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Cornerstone Electrotech Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.Shalu Constructions Private Limited | ₹34.66 Cr (FY 2024) | -15.0% | New Delhi, Delhi, India | |||
| Ramawat Infraprojects Private Limited | ₹34.57 Cr (FY 2025) | -1.0% | Jodhpur, Rajasthan, India | |||
| Cornerstone Electrotech Private Limitedthis company | ₹34.54 Cr (FY 2023) | ₹1 Lakh | 0% | 409.0% | Nashik, Maharashtra, India | |
| Huiyu Construction and Development Private Limited | ₹34.41 Cr (FY 2024) | -66.0% | Chengalpattu, Tamil Nadu, India | |||
| Shreejikrupa Buildcon Limited | ₹34.37 Cr (FY 2025) | -4.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Cornerstone Electrotech Private Limited, buy the company report.
Auditor
Cornerstone Electrotech Private Limited is audited by SRIVASTAVA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIVASTAVA & ASSOCIATES | FY 2022 | 328467E |
Shareholding
The shareholding of Cornerstone Electrotech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Cornerstone Electrotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cornerstone Electrotech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cornerstone Electrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cornerstone Electrotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cornerstone Electrotech Private Limited, buy the company report.
Recent activity
Cornerstone Electrotech Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Ashok Prempratap Singh ceased to be Director on 15 Jun 2021.
Frequently asked questions
Cornerstone Electrotech is an active private limited company based in Nashik, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 08 August 2015 (11+ years old) and is registered under CIN U31908MH2015PTC267303.
Cornerstone Electrotech has 2 current directors:
- Sachin - Director
- Ronak Kirtikumar Gandhi - Director
The latest financial statements of Cornerstone Electrotech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 09 November 2023. Year-wise statements from FY 2016 are in the company report.
No. Cornerstone Electrotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Cornerstone Electrotech is U31908MH2015PTC267303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornerstone Electrotech was incorporated on 08 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cornerstone Electrotech by revenue are S.Shalu Constructions Private Limited, Ramawat Infraprojects Private Limited, Huiyu Construction and Development Private Limited, Shreejikrupa Buildcon Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Ashok Prempratap Singh ceased to be Director on 15 Jun 2021. Rekha Ashok Singh ceased to be Director on 15 Jun 2021. Ronak Kirtikumar Gandhi was appointed as Director on 12 Jun 2021. Cornerstone Electrotech has 5 board changes on record in total.
The registered office of Cornerstone Electrotech is at Office No. 3 Near R.T.O Office Dindori Road Panchavati Geeta Laxmi Apartment, Nashik, Maharashtra, India – 422003.
Cornerstone Electrotech operates in the infrastructure and utilities industry, in the general construction services segment.
The compliance status of Cornerstone Electrotech is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.