About Coreglobal Information Technology Private Limited
Data last updated:
Coreglobal Information Technology Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2007PTC054634. Its GSTIN is 36AAECP3082A2ZR (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹31 Lakh. It was formerly known as Proversa Info Technologies Private Limited. It is led by directors Thota Kumar Naresh and Praveen Kumar Garapati.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.31 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹29.78 Lakh (net margin 22.8%) and EBITDA of ₹37.7 Lakh (EBITDA margin 28.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The company has about 10 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 coreglobalit.com.
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- Website
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- Registered Address201 2nd Floor Trendset Pyla Complex Above Susheel Tvs Showroom Vengal Rao N, Agar, Hyderabad, Telangana, India – 500038
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
CIN History of Coreglobal Information Technology Private Limited
Coreglobal Information Technology has one previous CIN (Corporate Identification Number): U72300AP2007PTC054634. The current CIN is U72300TG2007PTC054634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2007PTC054634 | Current |
| U72300AP2007PTC054634 | Previous |
Business Activity of Coreglobal Information Technology Private Limited
The main business activity of Coreglobal Information Technology is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Auditor Details of Coreglobal Information Technology Private Limited
Coreglobal Information Technology Private Limited is audited by BEJUGAM & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BEJUGAM & CO | 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 Coreglobal Information Technology Private Limited
Coreglobal Information Technology has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thota Kumar Naresh | Director | 14 Jun 2019 | 7 Years 3 Months | Current |
| Praveen Kumar Garapati | Director | 28 Jul 2016 | 10 Years 2 Months | Current |
Financials of Coreglobal Information Technology Private Limited FY 2024 filings available
Coreglobal Information Technology Private Limited reported revenue of ₹1.31 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Coreglobal Information Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 34% growth in the latest year. EBITDA rose 276% 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 Coreglobal Information Technology Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹37.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.78 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Coreglobal Information Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Coreglobal Information Technology are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Coreglobal Information Technology 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 Coreglobal Information Technology Private Limited
Coreglobal Information Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Coreglobal Information Technology Private Limited
Coreglobal Information Technology Private Limited has a workforce of 10 employees as of Apr 09, 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.
GST Compliance of Coreglobal Information Technology Private Limited
Coreglobal Information Technology has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP3082A2ZR | Telangana | Active | 07 Sep 2017 |
| 37AAECP3082A2ZP | Andhra Pradesh | Active | 15 Sep 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Coreglobal Information Technology 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 Coreglobal Information Technology 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 Coreglobal Information Technology 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.
MCA Filings & Documents of Coreglobal Information Technology 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.
Recent Activity on Coreglobal Information Technology Private Limited
Frequently Asked Questions about Coreglobal Information Technology Private Limited
Coreglobal Information Technology is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 June 2007 (19+ years old) and is registered under CIN U72300TG2007PTC054634.
Coreglobal Information Technology reported revenue of ₹1.31 Cr for FY 2024 (up 34% YoY).
Coreglobal Information Technology has 2 current directors:
- Thota Kumar Naresh - Director
- Praveen Kumar Garapati - Director
Coreglobal Information Technology reported a net profit of ₹29.78 Lakh (net margin 22.8%) and EBITDA of ₹37.7 Lakh (EBITDA margin 28.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coreglobal Information Technology is -6% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Coreglobal Information Technology is 36AAECP3082A2ZR, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAECP3082A2ZP (Andhra Pradesh).
The CIN (Corporate Identification Number) of Coreglobal Information Technology is U72300TG2007PTC054634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coreglobal Information Technology was incorporated on 27 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Coreglobal Information Technology can be reached through the website coreglobalit.com. Its registered office is in Hyderabad, Telangana, India.