About Coreflex Infotech Services Private Limited
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Coreflex Infotech Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2018PTC180661. Its GSTIN is 27AAHCC9013D1ZW (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rohit Dhawan and Chetan Heramb Patwardhan.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹79.37 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹64.93 Lakh (net margin 0.8%) and EBITDA of ₹2.43 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 32% over five years.
The company has about 396 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CoreFlex Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coreflexsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressLevel 7 Marisoft C Wing, Smartworks Marigold Complex Kalyani Nagar, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, Application Development & Software Solutions
- 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
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Business Activity of Coreflex Infotech Services Private Limited
The main business activity of Coreflex Infotech Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Coreflex Infotech Services Private Limited FY 2024 filings available
Coreflex Infotech Services Private Limited reported revenue of ₹79.37 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Coreflex Infotech Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 37% growth in the latest year. EBITDA fell 16% 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 Coreflex Infotech Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹2.43 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.93 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Coreflex Infotech Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Coreflex Infotech Services are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Coreflex Infotech Services Private Limited
Coreflex Infotech Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tangoe India Softek Services Private Limited | ₹80.03 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Rtcamp Solutions Private Limited | ₹79.97 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Pune, Maharashtra, India |
| Innovation Technology by Design Private Limited | ₹79.94 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Jalandhar, Punjab, India |
| Phigrid Consulting Private Limited | ₹79.81 Cr (FY 2025) | •••• | •••• | 287.0% | •••• | Bangalore, Karnataka, India |
| Spirent Communications (India) Private Limited | ₹79.48 Cr (FY 2022) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Coreflex Infotech Services Private Limited this company | ₹79.37 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Pune, Maharashtra, India |
| GT Nexus Software Private Limited | ₹79.36 Cr (FY 2019) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Advatix Apac Logistics Private Limited | ₹79.25 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | New Delhi, Delhi, India |
| Symphonyincubator Business Services Private Limited | ₹79.22 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Bluerose Technologies Private Limited | ₹79.13 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Acuvate Software Private Limited | ₹78.96 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Coreflex Infotech Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Coreflex Infotech Services Private Limited
Coreflex Infotech Services Private Limited is audited by S. S. Shetye & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. S. Shetye & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Coreflex Infotech Services Private Limited
Coreflex Infotech Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Dhawan Also directs: Coreflex Solutions (India) Private Limited, Xanadutec Data Solutions Private Limited, Indivino Ventures Private Limited and 2 more | Director | 10 Dec 2018 | 7 Years 10 Months | Current |
| Chetan Heramb Patwardhan | Director | 10 Dec 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Coreflex Infotech Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Coreflex Infotech Services Private Limited
Coreflex Infotech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Coreflex Infotech Services Private Limited
Coreflex Infotech Services operates one associated brand: CoreFlex Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers expert solutions in logistics, supply chain, and custom software engineering. | coreflexsolutions.com |
Employees and EPFO Compliance at Coreflex Infotech Services Private Limited
Coreflex Infotech Services Private Limited has a workforce of 396 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Coreflex Infotech Services Private Limited
Coreflex Infotech Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Chetan Heramb Patwardhan was appointed as Director on 10 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Coreflex Infotech Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Coreflex Infotech Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Coreflex Infotech Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Coreflex Infotech Services Private Limited
Coreflex Infotech Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC9013D1ZW | Maharashtra | Active | 28 Jan 2019 |
| 29AAHCC9013D1ZS | Karnataka | Active | 23 Mar 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Coreflex Infotech Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Coreflex Infotech Services Private Limited
Coreflex Infotech Services is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 December 2018 (8+ years old) and is registered under CIN U72200PN2018PTC180661.
Coreflex Infotech Services reported revenue of ₹79.37 Cr for FY 2025 (up 37% YoY).
Coreflex Infotech Services has 2 current directors:
- Rohit Dhawan - Director
- Chetan Heramb Patwardhan - Director
Coreflex Infotech Services reported a net profit of ₹64.93 Lakh (net margin 0.8%) and EBITDA of ₹2.43 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coreflex Infotech Services is 39% over three years and 32% over five years. In the latest year (FY 2025) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Coreflex Infotech Services is 27AAHCC9013D1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCC9013D1ZS (Karnataka).
The CIN (Corporate Identification Number) of Coreflex Infotech Services is U72200PN2018PTC180661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coreflex Infotech Services was incorporated on 10 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Coreflex Infotech Services by revenue are Tangoe India Softek Services Private Limited, Rtcamp Solutions Private Limited, Innovation Technology by Design Private Limited, Phigrid Consulting Private Limited, Spirent Communications (India) Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Chetan Heramb Patwardhan was appointed as Director on 10 Dec 2018. Rohit Dhawan was appointed as Director on 10 Dec 2018.
Coreflex Infotech Services can be reached through the website coreflexsolutions.com. Its registered office is in Pune, Maharashtra, India.