Cornerstone Works Private Limited
About Cornerstone Works Private Limited
Data last updated:
Cornerstone Works Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45400PN2016PTC157860. Its GSTIN is 27AAGCC3059G1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sumit Subhashchandra Dakhawe and Kalindi Jaikrishan Kokal.
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 Office No. 107 Ug Akruti Sankul 2059 Sadashiv Peth, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.31 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.33 Lakh (net margin 30.3%) and EBITDA of ₹5.05 Lakh (EBITDA margin 35.3%). Revenue has grown at a compounded annual rate (CAGR) of 198% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cornerstone Works Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 107 Ug Akruti Sankul 2059 Sadashiv Peth, Pune, Maharashtra, India – 411030
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Cornerstone Works 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 Works is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Cornerstone Works Private Limited, buy the company report.
Financials of Cornerstone Works Private Limited
FY 2025 filings availableCornerstone Works Private Limited reported revenue of ₹14.31 Lakh (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 81% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.33 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.3% | ||||
| Net Profit Margin | 30.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Cornerstone Works Private Limited, buy the company report.
Board of directors of Cornerstone Works Private Limited
Cornerstone Works has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Subhashchandra Dakhawe | Director | 07 Jan 2016 | 10 Years 9 Months | Current |
| Kalindi Jaikrishan Kokal Also directs: Kokal Interior Contracts Private Limited | Director | 07 Jan 2016 | 10 Years 9 Months | Current |
Shareholding
The shareholding of Cornerstone Works Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cornerstone Works Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cornerstone Works 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 Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cornerstone Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC3059G1ZP | Maharashtra | Active | 27 Sep 2021 |
To see the full GST registrations and return filing status of Cornerstone Works Private Limited, buy the company report.
Recent activity
Cornerstone Works Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kalindi Jaikrishan Kokal was appointed as Director on 07 Jan 2016.
Frequently asked questions
Cornerstone Works is an active private limited company based in Pune, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 January 2016 (10+ years old) and is registered under CIN U45400PN2016PTC157860.
Cornerstone Works has 2 current directors:
- Sumit Subhashchandra Dakhawe - Director
- Kalindi Jaikrishan Kokal - Director
The latest financial statements of Cornerstone Works on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Cornerstone Works is 27AAGCC3059G1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cornerstone Works is U45400PN2016PTC157860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornerstone Works was incorporated on 07 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Kalindi Jaikrishan Kokal was appointed as Director on 07 Jan 2016. Sumit Subhashchandra Dakhawe was appointed as Director on 07 Jan 2016.
The registered office of Cornerstone Works is at Office No. 107 Ug Akruti Sankul 2059 Sadashiv Peth, Pune, Maharashtra, India – 411030.
Cornerstone Works operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
The compliance status of Cornerstone Works is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.