Coreco Technologies Private Limited

Coreco Technologies Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U73100PN2018PTC177671 Incorporated 12 July 2018 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹7.53 Cr
▲ 36% YoY
Net profit · FY 2025
₹47.45 Lakh
Net margin 6.3%
EBITDA · FY 2025
₹99.04 Lakh
EBITDA margin 13.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5.46 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
48
Provident fund records

About Coreco Technologies Private Limited

Data last updated:

Coreco Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73100PN2018PTC177671. Its GSTIN is 27AAHCC6693D1ZG (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vijay Krishnarao Suryawanshi and Rahul Hemant Patil.

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 S No 61 To63 Daffodills Kate Wasti Pim. Saudagar Rhno 9, Pune, Maharashtra, India – 411027.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.53 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹47.45 Lakh (net margin 6.3%) and EBITDA of ₹99.04 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 61% over five years.

The company has about 48 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: CoReCo Technologies. As per MCA filings, the company has open charges of ₹5.46 Cr on record.

For more details, the company can be reached via its website corecotechnologies.com.

Company Details of Coreco Technologies Private Limited
CIN U73100PN2018PTC177671
Registration Number 177671
Incorporation Date 12 July 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    S No 61 To63 Daffodills Kate Wasti Pim. Saudagar Rhno 9, Pune, Maharashtra, India – 411027
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Coreco Technologies Private Limited in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Associated Brands with Coreco Technologies Private Limited

Coreco Technologies operates one associated brand: CoReCo Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Provides AI, ML, web development, and digital consulting to businesses worldwide.corecotechnologies.com

Competitors & Alternatives of Coreco Technologies Private Limited

Brands and companies operating in the same space as Coreco Technologies Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.

CompetitorDescriptionLocationFounded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines.Bengaluru, India2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services.Richardson, United States2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS.Chesterbrook, United States1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided.Mumbai, India1975
Genpact Genpact Provider of end-to-end business process outsourcing servicesNew York, United States1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided.Koto City, Japan1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions.London, United Kingdom2000
Accenture Accenture IT and management consultancy services are provided globally.Dublin, Ireland1989
UST UST High-quality office furniture is provided by UST for various needs.Taiwan1998

Business Activity of Coreco Technologies Private Limited

The main business activity of Coreco Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of Coreco Technologies Private Limited

Coreco Technologies Private Limited is audited by M B JAJU AND COMPANY for the financial year 2024.

NameStatusAppointment DateCessation Date
M B JAJU AND COMPANYLockedLockedLocked
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Board of Directors of Coreco Technologies Private Limited

Coreco Technologies has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Krishnarao SuryawanshiDirector12 Jul 20188 Years 2 MonthsCurrent
Rahul Hemant PatilDirector13 Aug 20224 Years 1 MonthsCurrent
Arun Yashwant IngaleDirector13 Aug 20224 Years 1 MonthsCurrent
Vikramsinh Vasantrao JadhavpatilDirector13 Aug 20224 Years 1 MonthsCurrent
Sanjay Krishnarao SuryawanshiDirector12 Jul 20188 Years 2 MonthsCurrent

Financials of Coreco Technologies Private Limited FY 2024 filings available

Coreco Technologies Private Limited reported revenue of ₹7.53 Cr (up 36% YoY) for FY 2025.

Revenue · FY 2025
₹7.53 Cr ▲ 36%
Net profit · FY 2025
₹47.45 Lakh margin 6.3%
EBITDA · FY 2025
₹99.04 Lakh margin 13.2%

Compounded Annual Growth Rate (CAGR) of Coreco Technologies Private Limited

Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 27%
5 years · compounded
▲ 61%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 10%
5 years · compounded
▲ 184%

Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 36% growth in the latest year. EBITDA rose 58% 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 of Coreco Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹99.04 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹47.45 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 of Coreco Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.2%••••••••••••••••
Net Profit Margin6.3%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Coreco Technologies are in the company report.

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Financial statements from FY 2019

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Ownership and Shareholding of Coreco Technologies Private Limited

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Charges & Borrowings of Coreco Technologies Private Limited

Open charges
₹5.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.46 Cr
Latest charge details
DateLenderAmountStatus
26 Aug 2024Others₹4.46 CrOpen
26 Aug 2024Others₹1 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Coreco Technologies Private Limited

Coreco Technologies Private Limited has a workforce of 48 employees as of Mar 27, 2024.

Employee count
48
Active EPFO establishments
1
Employee growth
45.45%
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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Coreco Technologies Private Limited

Coreco Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCC6693D1ZGMaharashtraActive23 Aug 2018
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Coreco Technologies Private Limited

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MSME Payment Delays by Coreco Technologies Private Limited

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Subsidiaries & Group Companies of Coreco Technologies Private Limited

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MCA Filings & Documents of Coreco Technologies Private Limited

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Recent Activity on Coreco Technologies Private Limited

Activity
30 Sep 2024
Coreco Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
26 Aug 2024
A charge with Others amounted to Rs. 446.00 Lakh with Charge ID 100982388 was registered on 26 Aug 2024.
Charges
26 Aug 2024
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100982383 was registered on 26 Aug 2024.
Activity
31 Mar 2024
Coreco Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Directors
13 Aug 2022
Rahul Hemant Patil was appointed as a Director on 13 Aug 2022 & has been associated with this company since 4 years 1 month.
Directors
13 Aug 2022
Arun Yashwant Ingale was appointed as a Director on 13 Aug 2022 & has been associated with this company since 4 years 1 month.

Frequently Asked Questions about Coreco Technologies Private Limited

Coreco Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 July 2018 (8+ years old) and is registered under CIN U73100PN2018PTC177671.

Coreco Technologies reported revenue of ₹7.53 Cr for FY 2025 (up 36% YoY).

Coreco Technologies has 5 current directors:

Coreco Technologies reported a net profit of ₹47.45 Lakh (net margin 6.3%) and EBITDA of ₹99.04 Lakh (EBITDA margin 13.2%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Coreco Technologies is 27% over three years and 61% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Coreco Technologies is 27AAHCC6693D1ZG, registered in Maharashtra.

The CIN (Corporate Identification Number) of Coreco Technologies is U73100PN2018PTC177671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Coreco Technologies was incorporated on 12 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.

Yes, Coreco Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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