- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0206820

About CNX Corporation Limited
Data last updated:
CNX Corporation Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 18 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74992MH2010PLC201019. Its GSTIN is 27AADCC9283H2ZB (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹17 Cr. It is led by directors including Chirag Kanaiyalal Shah and Deepa Ram.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.34 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 4.2%) and EBITDA of ₹1.67 Cr (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company is associated with 1 brand: CNX Resources. As per MCA filings, the company has open charges of ₹96.1 Lakh and satisfied charges of ₹46.09 Lakh on record. Court records list 132 cases involving the company, including 2 filed by the company and 130 filed against it; 62 cases are pending.
CNX Corporation Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0206820). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cnxgroup.in.
Company details
Recognitions & Rankings of CNX Corporation
Contact details
CNX Corporation Limited's registered office is in Mumbai, Maharashtra. Its website is cnxgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 144 14th Floor Atlanta Building, Plot No 209 Jamnalal Bajaj Road, Mumbai, Maharashtra, India – 400021
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of CNX Corporation 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
CNX Corporation operates one associated brand: CNX Resources. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of natural gas exploration, production, and transmission services | cnx.com |
Business activity
The main business activity of CNX Corporation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of CNX Corporation Limited, buy the company report.
Financials of CNX Corporation Limited
FY 2023 filings availableCNX Corporation Limited reported revenue of ₹24.34 Cr (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 335% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.02 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of CNX Corporation Limited, buy the company report.
Board of directors of CNX Corporation Limited
CNX Corporation has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Kanaiyalal Shah | Director | 28 Dec 2022 | 3 Years 10 Months | Current |
| Deepa Ram Also directs: Shrynax Trading Private Limited | Additional Director | 23 Jul 2024 | 2 Years 3 Months | Current |
| Md Harish Hussain Also directs: Trinity Kitchenware Limited | Additional Director | 12 Mar 2025 | 1 Years 7 Months | Current |
Auditor
CNX Corporation Limited is audited by Murmuria & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Murmuria & Associates | FY 2023 | 316188E |
Shareholding
The shareholding of CNX Corporation Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CNX Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2016 | 100058790 | Others | ₹50.01 Lakh | Open | |
| 05 Oct 2016 | 100061335 | Others | ₹46.09 Lakh | Open | |
| 05 Oct 2016 | 100061332 | Others | ₹46.09 Lakh | Satisfied |
To see the full charge records of CNX Corporation Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
CNX Corporation Limited has 132 court cases on record: 2 filed by CNX Corporation, 130 filed against it. 62 cases are pending and 70 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 108 | 107 | 59 |
| High courts | 15 | 15 | 2 |
| NCLAT | 9 | 8 | 1 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAICHUR, Karnataka | Court case (P.C.) | Filed against the company by Karnataka Bank Ltd | Pending |
| District court, Kadapa, Andhra Pradesh | Civil suit | Filed against the company by Karnataka Bank Ltd Rep by Its Branch Manager | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Reliable Insupacks Pvt. Ltd. | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S. Ncdex E Markets Limited (Neml) | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company by Ncdex E Markets Limited | Disposed |
To see the full case history of CNX Corporation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
CNX Corporation Limited was last rated by Crisil on 07 Dec 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Dec 2018 |
To see the full credit ratings and regulatory alerts of CNX Corporation Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for CNX Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
CNX Corporation has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC9283H2ZB | Maharashtra | Active | 06 Sep 2022 |
To see the full GST registrations and return filing status of CNX Corporation Limited, buy the company report.
Recent activity
CNX Corporation Limited has 14 board changes on record since 2015: 3 appointments and 11 cessations. The latest: Md Harish Hussain was appointed as Additional Director on 12 Mar 2025.
9 earlier events are in the company report.
News
Frequently asked questions
CNX Corporation is an active public limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 18 March 2010 (16+ years old) and is registered under CIN U74992MH2010PLC201019.
CNX Corporation has 3 current directors:
- Chirag Kanaiyalal Shah - Director
- Deepa Ram - Additional Director
- Md Harish Hussain - Additional Director
The latest financial statements of CNX Corporation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of CNX Corporation is 27AADCC9283H2ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of CNX Corporation is U74992MH2010PLC201019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CNX Corporation has 132 court cases on record: 2 filed by the company and 130 filed against it. 62 are pending. Most are in the district courts.
CNX Corporation was incorporated on 18 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Md Harish Hussain was appointed as Additional Director on 12 Mar 2025. Deepa Ram was appointed as Additional Director on 23 Jul 2024. Chirag Kanaiyalal Shah ceased to be Additional Director on 30 Mar 2023. CNX Corporation has 14 board changes on record in total.
Yes, CNX Corporation is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0206820).
CNX Corporation can be reached through the website cnxgroup.in. Its registered office is in Mumbai, Maharashtra, India.

