About Coronet
Coronet is an Industrial Goods & Manufacturing company based in Delhi (India) founded in 1998, and was acquired by Arix in July 2014. Industrial automation services are provided across various sectors in India. The company has 425 employees. Its Indian entity Coronet Engineers Private Limited reported revenue of ₹155 Cr. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Coronet was established in 1998 and is headquartered in Delhi, India. Operations focus on the industrial automation sector, where services such as system integration, control engineering, and maintenance are delivered to manufacturing and process industries. The company serves clients primarily within India, supporting automation solutions for efficiency in production environments. Domain coronet.in is utilized for online presence and inquiries.
- Headquarters Delhi, India
- Employees 425
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website coronet.in
- Social LinkedIn X Facebook
- Acquired by Arix (Jul 2014)
- Legal Name Coronet Engineers Pvt. Ltd.
- Date of Incorporation 09 Oct, 1998
- Jurisdiction Delhi, India
Associated legal entities of Coronet
Coronet operates through Coronet Engineers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Coronet Engineers Private Limited CIN U29120DL1998PTC096599 | Active | 09 Oct 1998 | New Delhi, Delhi | ₹155 Cr | 425 | 2 | View details |
Investors in Coronet
Coronet has secured backing from 1 investor. Prominent investors backing the company include Arix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of stainless steel and nickel alloy flanges | 1969 | arix.it | Viadana, Italy |
Investor details for Coronet
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- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Coronet Engineers Private Limited (Coronet)
Coronet Engineers Private Limited is the primary company behind Coronet. The board of Coronet Engineers Private Limited currently have 2 directors; the longest-serving is Tarun Thareja, appointed in 1998.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tarun Thareja DIN 00338858 | Director | 09 Oct 1998 | 28 yrs | Coronet Engineers Private Limited |
| Pankaj Dua DIN 00119714 | Director | 09 Oct 1998 | 28 yrs | Coronet Engineers Private Limited |
Financials of Coronet
Figures of Coronet Engineers Private Limited, the primary company behind Coronet, for FY 2025. Revenue was ₹155 Cr (+1% year on year). Net profit was ₹7.45 Cr (5% margin). EBITDA was ₹11.61 Cr (7% margin). Revenue has grown at a compounded annual rate of +30% over three years and +23% over five years.
- ₹155 CrRevenue · FY 2025 · +1% YoY
- ₹7.45 CrNet profit · 5% margin
- ₹11.61 CrEBITDA · 7% margin
- ₹24.3 LakhPaid-up capital
- 425Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Coronet Engineers Private Limited are on its company page.
Detailed financial statements for Coronet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Coronet
2 dated milestones of Coronet across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Coronet is founded.
- Exit Acquired by Arix.
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Coronet (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Coronet
Coronet was founded in 1998.
Coronet is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Coronet has 425 employees.
The primary company behind Coronet, Coronet Engineers Private Limited, reported revenue of ₹155 Cr for FY 2025, up 1% year on year.
Coronet was established in 1998 and is headquartered in Delhi, India. Operations focus on the industrial automation sector, where services such as system integration, control engineering, and maintenance are delivered to manufacturing and process industries. The company serves clients primarily within India, supporting automation solutions for efficiency in production environments. Domain coronet.in is utilized for online presence and inquiries.
Coronet has 1 investor. Key investors include Arix.
Coronet operates through Coronet Engineers Private Limited.
Yes. Coronet was acquired by Arix in July 2014.
The legal entities of Coronet currently have 2 directors, including Tarun Thareja, Pankaj Dua.