About Utilizecore India Private Limited
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Utilizecore India Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Utilizecore Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2021FTC370941. Its GSTIN is 27AACCU9617J1ZW (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Venkatesh Srinivasan and Yogesh Shekhar Lolusare.
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 10th Floor Zion Plot No.273 Sector 10 Kharghar, Navi Mumbai, Maharashtra, India – 410210.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.89 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹40.57 Lakh (net margin 4.1%) and EBITDA of ₹78.66 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: UtilizeCore.
For more details, the company can be reached via its website utilizecore.com.
Company details
Contact details
Utilizecore India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is utilizecore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address10th Floor Zion Plot No.273 Sector 10 Kharghar, Navi Mumbai, Maharashtra, India – 410210
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Utilizecore India 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
Brands
Utilizecore India operates one associated brand: UtilizeCore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business management solutions are provided for the construction sector. | utilizecore.com |
Business activity
The main business activity of Utilizecore India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Utilizecore India Private Limited, buy the company report.
Financials of Utilizecore India Private Limited
FY 2025 filings availableUtilizecore India Private Limited reported revenue of ₹9.89 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 128%. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.89 Cr | |||
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| EBITDA | ₹78.66 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹40.57 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8% | |||
| Net Profit Margin | 4.1% | |||
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To see the full financial statements and ratios of Utilizecore India Private Limited, buy the company report.
Board of directors of Utilizecore India Private Limited
Utilizecore India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Srinivasan Also directs: Reviva Enterprises Private Limited | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
| Yogesh Shekhar Lolusare | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
| Gourick Bhowmick | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Utilizecore India Private Limited is audited by S. SRIVATSAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. SRIVATSAN & CO | FY 2023 | 034887 |
Shareholding
The shareholding of Utilizecore India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Utilizecore India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Utilizecore 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 Utilizecore India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Utilizecore India Private Limited has a workforce of 37 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Utilizecore India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCU9617J1ZW | Maharashtra | Active | 21 Mar 2022 |
To see the full GST registrations and return filing status of Utilizecore India Private Limited, buy the company report.
Recent activity
Utilizecore India Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Gourick Bhowmick was appointed as Director on 03 Nov 2021.
Frequently asked questions
Utilizecore India is an active foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 November 2021 (5+ years old) and is registered under CIN U72200MH2021FTC370941.
Utilizecore India has 3 current directors:
- Venkatesh Srinivasan - Director
- Yogesh Shekhar Lolusare - Director
- Gourick Bhowmick - Director
The latest financial statements of Utilizecore 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 FY 2022 are in the company report.
The GSTIN of Utilizecore India is 27AACCU9617J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Utilizecore India is U72200MH2021FTC370941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utilizecore India was incorporated on 03 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Gourick Bhowmick was appointed as Director on 03 Nov 2021. Venkatesh Srinivasan was appointed as Director on 03 Nov 2021. Yogesh Shekhar Lolusare was appointed as Director on 03 Nov 2021.
Utilizecore India can be reached through the website utilizecore.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Utilizecore India is at 10th Floor Zion Plot No.273 Sector 10 Kharghar, Navi Mumbai, Maharashtra, India – 410210.
Utilizecore India operates in the information technology industry, in the IT consulting and support services segment.