
Corezest Private Limited
About Corezest Private Limited
Data last updated:
Corezest Private Limited is a private limited company based in Palghar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the industrial equipment and machinery sector. It was incorporated on 24 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29190MH2021PTC373947.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Akash Hasha Gharat and Bhushan Chandrakant Patil.
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 Shop No. 5 Lakshmi Niwas Banglow N. R. Petrol Pump Chandansar Virar (E), Palghar, Maharashtra, India – 401305.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹90,432 (net margin 0.7%) and EBITDA of ₹1.48 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 719% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Corezest Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0053538). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Corezest
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-17-0053538
Contact details
Corezest Private Limited's registered office is in Palghar, Maharashtra.
- Registered AddressShop No. 5 Lakshmi Niwas Banglow N. R. Petrol Pump Chandansar Virar (E), Palghar, Maharashtra, India – 401305
- IndustryEquipment & Machinery, Manufacturing, General Purposemachinery, General Purpose Machinery
- 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 Corezest is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Corezest Private Limited, buy the company report.
Financials of Corezest Private Limited
FY 2025 filings availableCorezest Private Limited reported revenue of ₹1.3 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 719%. EBITDA fell 6% 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 |
|---|---|---|---|---|
| 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 | ₹1.48 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹90,432 | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.1% | |||
| Net Profit Margin | 0.7% | |||
| 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 Corezest Private Limited, buy the company report.
Board of directors of Corezest Private Limited
Corezest has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Hasha Gharat Also directs: Aum Gayatri Properties LLP, Sainema Private Limited | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
| Bhushan Chandrakant Patil | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
| Swapnil Ramrao Patil | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
Peer comparison
Corezest Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satya Sai Cables Private Limited | ₹1.3 Cr (FY 2018) | -51.0% | Delhi, India | |||
| Throb Engineering Private Limited | ₹1.3 Cr (FY 2025) | 10.0% | Coimbatore, Tamil Nadu, India | |||
| Keya Fusion Technology Private Limited | ₹1.3 Cr (FY 2024) | 4.0% | Vadodara, Gujarat, India | |||
| Cookman Cooking Equipments Private Limited | ₹1.3 Cr (FY 2025) | -23.0% | Faridabad, Haryana, India | |||
| Mecklen Precision Private Limited | ₹1.3 Cr (FY 2025) | 12.0% | Rajkot, Gujarat, India | |||
| Corezest Private Limitedthis company | ₹1.3 Cr (FY 2025) | ₹90,432 | 0.7% | -3.0% | Palghar, Maharashtra, India | |
| Srinath Elevators Private Limited | ₹1.3 Cr (FY 2025) | -43.0% | Vadodara, Gujarat, India | |||
| Spectra Equipments Private Limited | ₹1.29 Cr (FY 2025) | 44.0% | Medak, Telangana, India | |||
| Geetajash Industrial Supplies Private Limited | ₹1.29 Cr (FY 2024) | 58.0% | Dholka, Gujarat, India | |||
| Raghu Vamsi Siri Aerospace Private Limited | ₹1.29 Cr (FY 2024) | 65.0% | Hyderabad, Telangana, India | |||
| JCR Rigs India Private Limited | ₹1.29 Cr (FY 2022) | Bangalore, Karnataka, India |
To see the full peer comparison of Corezest Private Limited, buy the company report.
Legal cases
Corezest Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Unicare Emergency Equipment Pvt Ltd Through Ar Clint Pereira | Disposed |
To see the full case history of Corezest Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Corezest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Corezest Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Corezest Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Akash Hasha Gharat was appointed as Director on 24 Dec 2021.
Frequently asked questions
Corezest is an active private limited company based in Palghar, Maharashtra, India. The company works in manufacturing, within the equipment and machinery industry. It was incorporated on 24 December 2021 (5+ years old) and is registered under CIN U29190MH2021PTC373947.
Corezest has 3 current directors:
- Akash Hasha Gharat - Director
- Bhushan Chandrakant Patil - Director
- Swapnil Ramrao Patil - Director
The latest financial statements of Corezest 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Corezest is U29190MH2021PTC373947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corezest has 1 court case on record: 1 filed against it.
Corezest was incorporated on 24 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Corezest by revenue are Satya Sai Cables Private Limited, Throb Engineering Private Limited, Keya Fusion Technology Private Limited, Cookman Cooking Equipments Private Limited, Mecklen Precision Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Akash Hasha Gharat was appointed as Director on 24 Dec 2021. Bhushan Chandrakant Patil was appointed as Director on 24 Dec 2021. Swapnil Ramrao Patil was appointed as Director on 24 Dec 2021.
Yes, Corezest is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Corezest is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0053538).
The registered office of Corezest is at Shop No. 5 Lakshmi Niwas Banglow N. R. Petrol Pump Chandansar Virar E, Palghar, Maharashtra, India – 401305.