About Cormorant Engineering India Private Limited
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Cormorant Engineering India Private Limited is a private limited company based in Bangalore South, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31409KA2008PTC047656. Its GSTIN is 29AADCC6353N1Z6 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Narendra Ananthanarayana Rudrapatna and Narendra Aggerevishwanath Rao.
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 Bangalore South, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.67 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹47.24 Lakh (net margin 7.1%) and EBITDA of ₹75.29 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 9% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CormSquare. As per MCA filings, the company has open charges of ₹48 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cormsquare.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressManandi Dollar 683/A, 100 Ft Ring Road 15th Cross J P Nagar 2nd Phase, Bangalore South, Karnataka, India – 560078
- IndustryInformation Technology, Software Development & 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
Business Activity of Cormorant Engineering India Private Limited
The main business activity of Cormorant Engineering India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Cormorant Engineering India Private Limited FY 2025 filings available
Cormorant Engineering India Private Limited reported revenue of ₹6.67 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cormorant Engineering India Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 59% 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 Cormorant Engineering India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹75.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47.24 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Cormorant Engineering India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory 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 Cormorant Engineering India 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.
Peer Comparison of Cormorant Engineering India Private Limited
Cormorant Engineering India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astix Infolytics Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Culturemonkey Private Limited | •••• | •••• | •••• | •••• | - | East Tambaram Chennai, Tamil Nadu, India |
| Botsync Technologies Private Limited | •••• | •••• | •••• | •••• | 26 | Bangalore, Karnataka, India |
| Ebsc Technologies Private Limited | •••• | •••• | •••• | •••• | 46 | Kolkata, West Bengal, India |
| Areahop Labs Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Cormorant Engineering India Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| XPT Consultancy and Software Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| S.K. Fab Corogation Tech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aleeva Retail Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Venera Video Tech Private Limited | •••• | •••• | •••• | •••• | 18 | New Delhi, Delhi, India |
| Samkhya Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Cormorant Engineering India by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Cormorant Engineering India Private Limited
Cormorant Engineering India Private Limited is audited by PRANAY & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRANAY & 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 Cormorant Engineering India Private Limited
Cormorant Engineering India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Ananthanarayana Rudrapatna | Director | 01 Sep 2008 | 18 Years 1 Months | Current |
| Narendra Aggerevishwanath Rao Also directs: Altx Convergence Private Limited | Director | 01 Sep 2008 | 18 Years 1 Months | Current |
Ownership and Shareholding of Cormorant Engineering India 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 Cormorant Engineering India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2025 | Others | ₹48 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Cormorant Engineering India Private Limited
Cormorant Engineering India operates one associated brand: CormSquare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end procurement platform tailored for SMEs and bulk purchase needs. | cormsquare.com |
Employees and EPFO Compliance at Cormorant Engineering India Private Limited
Cormorant Engineering India Private Limited has a workforce of 43 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 Cormorant Engineering India Private Limited
Cormorant Engineering India Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Narendra Aggerevishwanath Rao was appointed as Director on 01 Sep 2008.
Credit Ratings, Litigation & Regulatory Alerts for Cormorant Engineering India 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 Cormorant Engineering India 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 Cormorant Engineering India 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 Cormorant Engineering India Private Limited
Cormorant Engineering India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC6353N1Z6 | Karnataka | Active | 01 Jul 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.
MCA Filings & Documents of Cormorant Engineering India 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 Cormorant Engineering India Private Limited
Cormorant Engineering India is an active private limited company based in Bangalore South, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 September 2008 (18+ years old) and is registered under CIN U31409KA2008PTC047656.
Cormorant Engineering India reported revenue of ₹6.67 Cr for FY 2024 (down 4% YoY).
Cormorant Engineering India has 2 current directors:
- Narendra Ananthanarayana Rudrapatna - Director
- Narendra Aggerevishwanath Rao - Director
Cormorant Engineering India reported a net profit of ₹47.24 Lakh (net margin 7.1%) and EBITDA of ₹75.29 Lakh (EBITDA margin 11.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cormorant Engineering India is 9% over three years and 9% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cormorant Engineering India is 29AADCC6353N1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Cormorant Engineering India is U31409KA2008PTC047656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cormorant Engineering India was incorporated on 01 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cormorant Engineering India by revenue are Astix Infolytics Private Limited, Culturemonkey Private Limited, Botsync Technologies Private Limited, Ebsc Technologies Private Limited, Areahop Labs Private Limited and 5 more, all in the Information Technology industry (Software Services).
Narendra Aggerevishwanath Rao was appointed as Director on 01 Sep 2008. Narendra Ananthanarayana Rudrapatna was appointed as Director on 01 Sep 2008.
Cormorant Engineering India can be reached through the website cormsquare.com. Its registered office is in Bangalore South, Karnataka, India.