Correl IT Services Private Limited

Correl IT Services Private Limited - information technology in Jalandhar, Punjab, India. FY 2026 financials & compliance.
CIN U72900PB2012PTC035900 Incorporated 02 February 2012 ROC Chandigarh HQ Jalandhar, Punjab, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹68.41 Lakh
▼ 22% YoY
Net profit · FY 2025
₹46,977
Net margin 0.7%
EBITDA · FY 2025
₹20.4 Lakh
EBITDA margin 29.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
3
Provident fund records
Directors on board
3
As per MCA filings

About Correl IT Services Private Limited

Data last updated:

Correl IT Services Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 February 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2012PTC035900. Its GSTIN is 03AAECC7446H1ZS (Punjab).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jaswinder Singh Dhanju and Jaspreet Kaur.

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 3rd Floor Param Market Opp. Sbi Bank Main Branch Civil Lines, Jalandhar, Punjab, India – 144001.

As per the financials filed for FY 2025, the company reported a revenue of ₹68.41 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹46,977 (net margin 0.7%) and EBITDA of ₹20.4 Lakh (EBITDA margin 29.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900PB2012PTC035900
Registration Number 035900
Incorporation Date 02 February 2012
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Correl IT Services Private Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    3rd Floor Param Market Opp. Sbi Bank Main Branch Civil Lines, Jalandhar, Punjab, India – 144001
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Correl IT Services Private Limited, buy the company report.

Comprehensive company report
Correl IT Services Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Correl IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Correl IT Services Private Limited, buy the company report.

Financials of Correl IT Services Private Limited

FY 2025 filings available

Correl IT Services Private Limited reported revenue of ₹68.41 Lakh (down 22% YoY) for FY 2025.

Revenue · FY 2025
₹68.41 Lakh ▼ 22%
Net profit · FY 2025
₹46,977 margin 0.7%
EBITDA · FY 2025
₹20.4 Lakh margin 29.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 8%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 28%
5 years · compounded
▲ 47%

Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 5% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹20.4 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹46,977
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin29.8%
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

To see the full financial statements and ratios of Correl IT Services Private Limited, buy the company report.

Board of directors of Correl IT Services Private Limited

Correl IT Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jaswinder Singh DhanjuDirector25 Jul 201610 Years 3 MonthsCurrent
Jaspreet KaurDirector25 Jul 201610 Years 3 MonthsCurrent
Jaspinder SinghDirector02 Feb 201214 Years 8 MonthsCurrent

Auditor

Correl IT Services Private Limited is audited by K L MIGLANI & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
K L MIGLANI & COFY 2020010654N

Shareholding

The shareholding of Correl IT Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Correl IT Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Correl IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Correl IT Services Private Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
50%

GST

Correl IT Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAECC7446H1ZSPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Correl IT Services Private Limited, buy the company report.

Recent activity

Correl IT Services Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Jaspreet Kaur ceased to be Additional Director on 30 Sep 2017.

AGM
Correl It Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Correl It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Jaspreet Kaur ceased to be Additional Director.
Ceased
Jaswinder Singh Dhanju ceased to be Additional Director.
Ceased
Ankur Aggarwal ceased to be Director.
Ceased
Bikramjeet Singh ceased to be Managing Director.
Appointed
Jaspreet Kaur was appointed as Director.
Appointed
Jaswinder Singh Dhanju was appointed as Director.
Appointed
Jaspinder Singh was appointed as Director.
Incorporation
02 Feb 2012
Correl It Services Private Limited was registered on 02 Feb 2012 with Roc Chandigarh & aged 14 years 8 months as per MCA records.

Frequently asked questions

Correl IT Services is an active private limited company based in Jalandhar, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 February 2012 (14+ years old) and is registered under CIN U72900PB2012PTC035900.

Correl IT Services has 3 current directors:

The latest financial statements of Correl IT Services 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 2015 are in the company report.

The GSTIN of Correl IT Services is 03AAECC7446H1ZS, registered in Punjab.

The CIN (Corporate Identification Number) of Correl IT Services is U72900PB2012PTC035900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Correl IT Services was incorporated on 02 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chandigarh.

Jaspreet Kaur ceased to be Additional Director on 30 Sep 2017. Jaswinder Singh Dhanju ceased to be Additional Director on 30 Sep 2017. Ankur Aggarwal ceased to be Director on 25 Jul 2016. Correl IT Services has 7 board changes on record in total.

The registered office of Correl IT Services is at 3rd Floor Param Market Opp. Sbi Bank Main Branch Civil Lines, Jalandhar, Punjab, India – 144001.

Correl IT Services operates in the information technology industry, in the IT consulting and support services segment.

The compliance status of Correl IT Services is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.