
About Comline Corporate Solutions Private Limited
Data last updated:
Comline Corporate Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the business process outsourcing sector. It was incorporated on 21 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2013PTC075150. Its GSTIN is 24AAFCC2909L1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Divyesh Mansukhlal Kamdar (Managing Director) and Nilesh Kantilal Popat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at K – 10 Grand Behind Atlantis K 10 Sarabhai Campus, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.26 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹42.88 Lakh (net margin 10.1%) and EBITDA of ₹70.26 Lakh (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 19% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website comline.uk.com.
Company details
Contact details
Comline Corporate Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is comline.uk.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressK – 10 Grand Behind Atlantis K 10 Sarabhai Campus, Vadodara, Gujarat, India – 390007
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Comline Corporate Solutions 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
Business activity
The main business activity of Comline Corporate Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Comline Corporate Solutions Private Limited, buy the company report.
Financials of Comline Corporate Solutions Private Limited
FY 2024 filings availableComline Corporate Solutions Private Limited reported revenue of ₹4.26 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 8% growth in the latest year. EBITDA rose 4% 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 |
|---|---|---|---|---|---|
| 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 | ₹70.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.88 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | ||||
| Net Profit Margin | 10.1% | ||||
| 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 Comline Corporate Solutions Private Limited, buy the company report.
Board of directors of Comline Corporate Solutions Private Limited
Comline Corporate Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalin Divyesh Kamdar | Additional Director | 15 Feb 2024 | 2 Years 8 Months | Current |
| Divyesh Mansukhlal Kamdar | Managing Director | 21 May 2013 | 13 Years 5 Months | Current |
| Nilesh Kantilal Popat | Director | 21 May 2013 | 13 Years 5 Months | Current |
| Prashit Vinodrai Shah Also directs: Amba Township Private Limited | Director | 22 May 2023 | 3 Years 5 Months | Current |
Auditor
Comline Corporate Solutions Private Limited is audited by BIPIN AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIPIN AND COMPANY | FY 2023 | 0101509W |
Shareholding
The shareholding of Comline Corporate Solutions Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Comline Corporate Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Comline Corporate Solutions 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 Comline Corporate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Comline Corporate Solutions Private Limited has a workforce of 51 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Comline Corporate Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCC2909L1ZO | Gujarat | Active | 27 Dec 2017 |
To see the full GST registrations and return filing status of Comline Corporate Solutions Private Limited, buy the company report.
Recent activity
Comline Corporate Solutions Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Shalin Divyesh Kamdar was appointed as Additional Director on 15 Feb 2024.
Frequently asked questions
Comline Corporate Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 21 May 2013 (13+ years old) and is registered under CIN U72900GJ2013PTC075150.
Comline Corporate Solutions has 4 current directors:
- Divyesh Mansukhlal Kamdar - Managing Director
- Shalin Divyesh Kamdar - Additional Director
- Nilesh Kantilal Popat - Director
- Prashit Vinodrai Shah - Director
The latest financial statements of Comline Corporate Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Comline Corporate Solutions is 24AAFCC2909L1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Comline Corporate Solutions is U72900GJ2013PTC075150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comline Corporate Solutions was incorporated on 21 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shalin Divyesh Kamdar was appointed as Additional Director on 15 Feb 2024. Prashit Vinodrai Shah ceased to be Additional Director on 29 Sep 2023. Prashit Vinodrai Shah was appointed as Director on 22 May 2023. Comline Corporate Solutions has 6 board changes on record in total.
Comline Corporate Solutions can be reached through the website comline.uk.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Comline Corporate Solutions is at K – 10 Grand Behind Atlantis K 10 Sarabhai Campus, Vadodara, Gujarat, India – 390007.
Comline Corporate Solutions operates in the business outsourcing industry, in the business process outsourcing segment.