
Coroshield Equipment LLP
About Coroshield Equipment LLP
Data last updated:
Coroshield Equipment LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 February 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-3746.
The LLP has a total obligation of contribution of ₹4 Lakh. It is led by designated partners Indu Mahesh Ganatra and Mahesh Vrajlal Ganatra.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at D1/6th Floor Dwarkesh Park Saibaba Nagar Above Hdfc Bank Borivali – West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹24,535, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹4,235 (net margin 17.3%) and EBITDA of -₹20,300 (EBITDA margin -82.7%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
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- Registered AddressD1/6th Floor Dwarkesh Park Saibaba Nagar Above Hdfc Bank Borivali – West, Mumbai, Maharashtra, India – 400092
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of Coroshield Equipment LLP FY 2024 filings available
Coroshield Equipment LLP reported revenue of ₹24,535 (down 85% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Coroshield Equipment LLP
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 85% fall 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 Coroshield Equipment LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹24,535 | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹4,235 | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Coroshield Equipment LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 17.3% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Coroshield Equipment are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Coroshield Equipment LLP
Coroshield Equipment has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indu Mahesh Ganatra Also directs: Kalina Engineering Private Limited | Designated Partner | 26 Feb 2019 | 7 Years 7 Months | Current |
| Mahesh Vrajlal Ganatra Also directs: Kalina Engineering Private Limited | Designated Partner | 26 Feb 2019 | 7 Years 7 Months | Current |
Ownership and Shareholding of Coroshield Equipment LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Coroshield Equipment LLP
Coroshield Equipment LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Coroshield Equipment LLP
Employment history and EPFO contributions of people linked to Coroshield Equipment.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Coroshield Equipment LLP
Coroshield Equipment LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Indu Mahesh Ganatra was appointed as Designated Partner on 26 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Coroshield Equipment LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Coroshield Equipment LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Coroshield Equipment LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Coroshield Equipment LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Coroshield Equipment LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Coroshield Equipment LLP
Coroshield Equipment is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 February 2019 (7+ years old) and is registered under LLPIN AAO-3746.
Coroshield Equipment reported revenue of ₹24,535 for FY 2023 (down 85% YoY).
Coroshield Equipment has 2 current designated partners:
- Indu Mahesh Ganatra - Designated Partner
- Mahesh Vrajlal Ganatra - Designated Partner
Coroshield Equipment reported a net profit of ₹4,235 (net margin 17.3%) and EBITDA of -₹20,300 (EBITDA margin -82.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coroshield Equipment is -58% over three years. In the latest year (FY 2023) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Coroshield Equipment is AAO-3746. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Coroshield Equipment was incorporated on 26 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Indu Mahesh Ganatra was appointed as Designated Partner on 26 Feb 2019. Mahesh Vrajlal Ganatra was appointed as Designated Partner on 26 Feb 2019.
The registered office of Coroshield Equipment is at D16th Floor Dwarkesh Park Saibaba Nagar Above Hdfc Bank Borivali – West, Mumbai, Maharashtra, India – 400092.
The total obligation of contribution is ₹4 Lakh.