MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0053226
Cortaal India Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
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
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
- Website
- Social Media
- Registered Address506 Eco Star Vishveshwar Nagar Off Aarey Road Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryBusiness 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 availableCortaal 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| EBITDA | ₹2 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Ganesh Kabra | Director | 16 Sep 2025 | 1 Years 1 Months | Current |
| Parikshat Wadhwa Upendranath Also directs: Keytaal Worldwide Private Limited | Director | 28 Jul 2008 | 18 Years 3 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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) | -₹10 | 0% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| V M RAJADHYAKSHA & CO | FY 2019 | 123646W |
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 category | FY 2019 | FY 2017 | FY 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.
Legal cases
No court or tribunal cases involving Cortaal India 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 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
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC3602L1ZS | Maharashtra | Active | 01 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:
- Manish Ganesh Kabra - Director
- Parikshat Wadhwa Upendranath - Director
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.
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