MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0008412
Core Energy Systems Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹225.26 Cr
▲ 95% YoY
Net profit · FY 2025
₹18.53 Cr
Net margin 8.2%
EBITDA · FY 2025
₹35.1 Cr
EBITDA margin 15.6%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹2.45 Cr
Issued & subscribed
Open charges
₹216.57 Cr
Satisfied ₹96.68 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
999
Provident fund records
About Core Energy Systems Limited
Data last updated:
Core Energy Systems Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 04 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U43121MH2004PLC146779. Its GSTIN is 27AACCC4753F1ZS (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹2.45 Cr. It is led by directors including Nagesh Narayan Basarkar (Managing Director) and Sunayana Nagesh Basarkar (Whole-Time Director).
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 Plot – C – 20 'G' Block Near Mca Bandra Kurla Complex Bandra East Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹225.26 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹18.53 Cr (net margin 8.2%) and EBITDA of ₹35.1 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 45% over five years.
The company has about 999 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CORE Energy Systems. As per MCA filings, the company has open charges of ₹216.57 Cr and satisfied charges of ₹96.68 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 9 deals on record (6 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹236.68 Cr; the latest was in August 2025. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Impelpro SCM Solutions Private Limited with revenue of ₹225.44 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 93 overdue payments to 57 micro and small suppliers.
Core Energy Systems Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0008412). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website core.co.in.
Company details
CIN U43121MH2004PLC146779
Registration Number 146779
Incorporation Date 04 June 2004
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 Medium
Udyam Registration UDYAM-MH-19-0008412
CIN history
Core Energy Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U43121MH2004PLC146779, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U43121MH2004PLC146779 | Current |
| U29120MH2004PTC146779 | Previous |
| U29120MH2004PLC146779 | Previous |
Key People
Nagesh Narayan Basarkar Managing Director Sunayana Nagesh Basarkar Whole-Time Director Tarakad Ramaseshan Ramanathan Whole-Time Director Recognitions & Rankings of Core Energy Systems
Contact details
Core Energy Systems Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressPlot – C – 20 'G' Block Near Mca Bandra Kurla Complex Bandra East Mumbai, Maharashtra, India – 400051
- IndustryEngineering, Procurement & Construction (EPC), Engineering
Comprehensive company report
Core Energy Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Core Energy Systems operates one associated brand: CORE Energy Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of engineered package systems and turnkey project solutions | core.co.in |
Business activity
The main business activities of Core Energy Systems are trade and professional, scientific and technical. In detail, this covers wholesale trading and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Core Energy Systems Limited, buy the company report.
Financials of Core Energy Systems Limited
FY 2025 filings availableCore Energy Systems Limited reported revenue of ₹225.26 Cr (up 95% YoY) for FY 2025.
Revenue · FY 2025
₹225.26 Cr ▲ 95%
Net profit · FY 2025
₹18.53 Cr margin 8.2%
EBITDA · FY 2025
₹35.1 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 95%
3 years · compounded
▲ 51%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 102%
5 years · compounded
▲ 50%
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 95% growth in the latest year. EBITDA rose 85% 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 | FY 2020-21 |
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| EBITDA | ₹35.1 Cr | ||||
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| Net Profit (PAT) | ₹18.53 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 8.2% | ||||
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To see the full financial statements and ratios of Core Energy Systems Limited, buy the company report.
Board of directors of Core Energy Systems Limited
Core Energy Systems has 10 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Prasoon Also directs: Core Energy Systems Limited, Daulat Advisory Services LLP, Skinventive Products & Solutions LLP and 5 more | Director | 17 Feb 2025 | 1 Years 8 Months | Current |
| Yakub Daudbhai Bhetasiwala Also directs: Core Energy Systems Limited, Ybeetech International Private Limited, Daushir Engineering Private Limited and 2 more | Director | 18 Sep 2023 | 3 Years 1 Months | Current |
| Sriram Narayan Iyer Also directs: Core Energy Systems Limited | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
| Priyesh Bharat Somaiya | Director | 18 Sep 2023 | 3 Years 1 Months | Current |
| Draupadi Narayan Basarkar Also directs: Core Energy Systems Limited | Director | 04 Jun 2004 | 22 Years 4 Months | Current |
| Anantapadmanabhan Anantaram Sarma Also directs: Core Energy Systems Limited | Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
Core Energy Systems Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Impelpro SCM Solutions Private Limited | ₹225.44 Cr (FY 2024) | 4.0% | Thane, Maharashtra, India | |||
| S A Alloys Private Limited | ₹225.38 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Shivpriya Texchem Private Limited | ₹225.37 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Fresh Fruit Alliances Private Limited | ₹225.3 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Getwell Medicare Solution Private Limited | ₹225.29 Cr (FY 2025) | 23.0% | Ernakulam, Kerala, India | |||
| Core Energy Systems Limitedthis company | ₹225.26 Cr (FY 2025) | ₹18.53 Cr | 8.2% | 95.0% | Mumbai, Maharashtra, India | |
| Kinshuk Overseas Private Limited | ₹225.11 Cr (FY 2025) | -28.0% | Sidhpur, Gujarat, India | |||
| Seth Steelage Private Limited | ₹225.11 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| C B S Publishers and Distributors Private Limited | ₹224.97 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Bharat Motocorp Private Limited | ₹224.89 Cr (FY 2025) | -16.0% | Hyderabad, Telangana, India | |||
| Trimurti Concern Private Limited | ₹224.85 Cr (FY 2025) | 23.0% | Muzaffarpur, Bihar, India |
To see the full peer comparison of Core Energy Systems Limited, buy the company report.
Charges & borrowings
Open charges
₹216.57 Cr
Satisfied charges
₹96.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2025 | 101198533 | Others | ₹49.7 Cr | Open | |
| 18 Sep 2025 | 101163988 | Others | ₹48 Cr | Open | |
| 03 Apr 2025 | 101084903 | Others | ₹1.2 Cr | Open | |
| 03 May 2024 | 100925547 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 29 Dec 2021 | 100522828 | Others | ₹37.5 Lakh | Open |
To see the full charge records of Core Energy Systems Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Core Energy Systems Limited has 9 deals on record (6 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹236.68 Cr; the latest was in August 2025.
Total deals
9
Funding rounds
6
Rights issues
2
Secondary share transfer
1
Disclosed funding
₹236.68 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹2 Cr | Investors: Yms Finance Private Limited |
| Apr 2021 | Funding round | ₹32.44 Cr | Investors: Maharashtra Defence and Aerospace Venture Fund, 3 individuals |
| Feb 2021 | Funding round | ₹25.2 Lakh | Investors: an individual |
| Jan 2021 | Rights issue | ₹2.3 Cr | Investors: 4 individuals |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Core Energy Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Core Energy Systems Limited has 2 court cases on record: 2 filed by Core Energy Systems. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed by the company against Gail (India) Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of Core Energy Systems 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
Core Energy Systems Limited was last rated by Crisil on 24 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Dec 2019 |
To see the full credit ratings and regulatory alerts of Core Energy Systems Limited, buy the company report.
MSME payment delays
Core Energy Systems Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 93 overdue payments to 57 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 57)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Tisa Tech Secure Private Limited |
To see the full MSME payment records of Core Energy Systems Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Core Energy Systems has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC4753F1ZS | Maharashtra | Active | 01 Jul 2017 |
| 23AACCC4753F1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
| 21AACCC4753F1Z4 | Odisha | Active | 12 Jan 2022 |
| 07AACCC4753F1ZU | Delhi | Active | 24 Sep 2022 |
To see the full GST registrations and return filing status of Core Energy Systems Limited, buy the company report.
Recent activity
Core Energy Systems Limited has 19 board changes on record since 2004: 10 appointments and 9 cessations. The latest: Anantapadmanabhan Anantaram Sarma was appointed as Director on 01 Oct 2025.
Charges
A charge with Others amounted to Rs. 49.70 Cr with Charge ID 101198533 was registered on 10 Dec 2025.
Appointed
Anantapadmanabhan Anantaram Sarma was appointed as Director.
AGM
Core Energy Systems Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Pankaj Prasoon ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 48.00 Cr with Charge ID 101163988 was registered on 18 Sep 2025.
Ceased
Draupadi Narayan Basarkar ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 101084903 was registered on 03 Apr 2025.
Filing
Core Energy Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Pankaj Prasoon was appointed as Director.
Charges
A charge registered on 28 Mar 2023 via Charge ID 100720706 with Others was fully satisfied on 24 Jan 2025.
Charges
A charge registered on 30 Jun 2020 via Charge ID 100358558 with Others was fully satisfied on 04 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 03 May 2024 with Charge ID 100925547 was modified on 24 Jun 2024.
41 earlier events are in the company report.
Frequently asked questions
Core Energy Systems is an active public limited company based in Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 04 June 2004 (22+ years old) and is registered under CIN U43121MH2004PLC146779.
Core Energy Systems has 10 current directors:
- Nagesh Narayan Basarkar - Managing Director
- Sunayana Nagesh Basarkar - Whole-Time Director
- Tarakad Ramaseshan Ramanathan - Whole-Time Director
- Pankaj Prasoon - Director
- Yakub Daudbhai Bhetasiwala - Director
- Sriram Narayan Iyer - Director
- Priyesh Bharat Somaiya - Director
- Draupadi Narayan Basarkar - Director
- Anantapadmanabhan Anantaram Sarma - Director
- Paresh Yashwant Mahadik - Director
The latest financial statements of Core Energy Systems 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 Core Energy Systems is 27AACCC4753F1ZS, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 23AACCC4753F1Z0 (Madhya Pradesh), 21AACCC4753F1Z4 (Odisha), 07AACCC4753F1ZU (Delhi).
The CIN (Corporate Identification Number) of Core Energy Systems is U43121MH2004PLC146779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Core Energy Systems has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Core Energy Systems was incorporated on 04 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Core Energy Systems has 9 deals on record (6 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹236.68 Cr; the latest was in August 2025.
The peers of Core Energy Systems by revenue are Impelpro SCM Solutions Private Limited, S A Alloys Private Limited, Shivpriya Texchem Private Limited, Fresh Fruit Alliances Private Limited, Getwell Medicare Solution Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Anantapadmanabhan Anantaram Sarma was appointed as Director on 01 Oct 2025. Pankaj Prasoon ceased to be Additional Director on 29 Sep 2025. Draupadi Narayan Basarkar ceased to be Director on 25 Jun 2025. Core Energy Systems has 19 board changes on record in total.
Yes, Core Energy Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0008412).
Core Energy Systems has 11 MSME Form 1 returns on record between 2019 and 2024, listing 93 overdue payments to 57 micro and small suppliers. The latest return was filed on 29 Apr 2024.