Cortaal India Private Limited

Cortaal India Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2008PTC178646 Incorporated 08 February 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹85,926
▲ 346% YoY
Net loss · FY 2024
₹10
Net margin 0%
EBITDA · FY 2024
₹2
EBITDA margin 0%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.8 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Cortaal India Private Limited

Data last updated:

Cortaal India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 08 February 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC178646. Its GSTIN is 27AADCC3602L1ZS (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors Manish Ganesh Kabra and Parikshat Wadhwa Upendranath.

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 506 Eco Star Vishveshwar Nagar Off Aarey Road Goregaon (E), Mumbai, Maharashtra, India – 400063.

As per the financials filed for FY 2024, the company reported a revenue of ₹85,926, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10 (net margin 0%) and EBITDA of ₹2 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 64% over five years.

Cortaal India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0053226). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cortaal.com.

Company details

CIN U74999MH2008PTC178646
Registration Number 178646
Incorporation Date 08 February 2008
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
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0053226

Recognitions & Rankings of Cortaal India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0053226

Contact details

Cortaal India Private Limited's registered office is in Mumbai, Maharashtra. Its website is cortaal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    506 Eco Star Vishveshwar Nagar Off Aarey Road Goregaon (E), Mumbai, Maharashtra, India – 400063
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Cortaal India Private Limited, buy the company report.

Comprehensive company report
Cortaal India 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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Financials of Cortaal India Private Limited

FY 2025 filings available

Cortaal India Private Limited reported revenue of ₹85,926 (up 346% YoY) for FY 2024.

Revenue · FY 2024
₹85,926 ▲ 346%
Net loss · FY 2024
₹10 margin 0%
EBITDA · FY 2024
₹2 margin 0%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 346%
3 years · compounded
▼ 76%
5 years · compounded
▼ 64%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▼ 98%
5 years · compounded
▲ 15%

Revenue rose 346% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 64%. EBITDA rose 100% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0%
Net Profit Margin0%
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 Cortaal India Private Limited, buy the company report.

Board of directors of Cortaal India Private Limited

Cortaal India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manish Ganesh KabraDirector16 Sep 20251 Years 1 MonthsCurrent
Parikshat Wadhwa UpendranathDirector28 Jul 200818 Years 3 MonthsCurrent

Peer comparison

Cortaal India Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Urjavinya Solutions Private Limited₹87,833 (FY 2025)Vadodara, Gujarat, India
Priorityone Consulting Private Limited₹87,832 (FY 2023)-92.0%Bangalore, Karnataka, India
Cortaal India Private Limitedthis company₹85,926 (FY 2024)-₹100%346.0%Mumbai, Maharashtra, India
Ksifm Krishital Integrated Facility Management (OPC) Private Limited₹85,392 (FY 2019)Pune, Maharashtra, India

To see the full peer comparison of Cortaal India Private Limited, buy the company report.

Auditor

Cortaal India Private Limited is audited by V M RAJADHYAKSHA & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
V M RAJADHYAKSHA & COFY 2019123646W

Shareholding

The shareholding of Cortaal India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cortaal India Private Limited, buy the company report.

MSME payment delays

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

GST

Cortaal India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCC3602L1ZSMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Cortaal India Private Limited, buy the company report.

Recent activity

Cortaal India Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Manish Ganesh Kabra was appointed as Director on 16 Sep 2025.

AGM
Cortaal India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Manish Ganesh Kabra was appointed as Director.
Ceased
Shrikanth Shrinivasamurhty Mududi ceased to be Director.
Ceased
Anupama Iyer Punith ceased to be Director.
Filing
Cortaal India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Chandramukhi Jagdishkumar Setpaul ceased to be Director.
Ceased
Sunil Jagdishkumar Setpaul ceased to be Director.
Appointed
Shrikanth Shrinivasamurhty Mududi was appointed as Director.
Ceased
Maya Upendranath Wadhwa ceased to be Director.
Appointed
Parikshat Wadhwa Upendranath was appointed as Director.
Incorporation
08 Feb 2008
Cortaal India Private Limited was registered on 08 Feb 2008 with Roc Mumbai I & aged 18 years 8 months as per MCA records.

Frequently asked questions

Cortaal India is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 08 February 2008 (18+ years old) and is registered under CIN U74999MH2008PTC178646.

Cortaal India has 2 current directors:

The latest financial statements of Cortaal India 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 Cortaal India is 27AADCC3602L1ZS, registered in Maharashtra.

The CIN (Corporate Identification Number) of Cortaal India is U74999MH2008PTC178646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cortaal India was incorporated on 08 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Cortaal India by revenue are Urjavinya Solutions Private Limited, Priorityone Consulting Private Limited, Ksifm Krishital Integrated Facility Management (OPC) Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Manish Ganesh Kabra was appointed as Director on 16 Sep 2025. Shrikanth Shrinivasamurhty Mududi ceased to be Director on 16 Sep 2025. Anupama Iyer Punith ceased to be Director on 05 Aug 2025. Cortaal India has 8 board changes on record in total.

Yes, Cortaal India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0053226).

Cortaal India can be reached through the website cortaal.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Cortaal India is at 506 Eco Star Vishveshwar Nagar Off Aarey Road Goregaon E, Mumbai, Maharashtra, India – 400063.