Cornerstone Communications Private Limited - Company Profile

It is a media and publishing private limited company based in Mumbai, Maharashtra, India, established in 1996.
1996 Mumbai, Maharashtra, India Active
Last Updated:
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About Cornerstone Communications Private Limited

Cornerstone Communications Private Limited, a active private limited company, was established on 14 February 1996 in Mumbai, Maharashtra, India. Engaging in advertising agencies & media services within the professional, scientific and technical sector, it holds CIN: U74300MH1996PTC097251. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Its leadership includes Udaybhanu Muddhana Shetty (Managing Director), Basudev Biswas (Director). Past directors included Falguni Basudev Biswas, Rajendra Hari Khandekar, Ramachandramenon Krishna Kumar. It holds ₹1.32 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 11- A, Trishul Apartment, Kane Road,, Near Mount Mary Church, Mumbai, Maharashtra, 400050.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74300MH1996PTC097251

  • Registration Number

    097251

  • Incorporation Date

    14 February 1996

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 30 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.32 M
  • Revenue Growth **** -85.86%
  • Profit Growth **** -1126.42%
  • Ebitda **** -142.48%
  • Net Worth -35.58%
  • Total Assets -62.79%
Company report

Cornerstone Communications Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Cornerstone Communications Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cornerstone Communications Private Limited?
Current Directors
Name Designation Appointment Date Status
Udaybhanu Muddhana Shetty Managing Director 14 Feb 1996 Current
Basudev Biswas Director 25 Jan 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Dec 2012 Past
Pramod Abcsdd Director 01 Dec 2012 Past
Pramod Abcsdd Whole-Time Director 01 Dec 2012 Past

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Financial Performance of Cornerstone Communications.

Cornerstone Communications Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 85.86% decrease. The company also saw a substantial fall in profitability, with a 1126.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.58%.

Cornerstone Communications revenue growth over time
Cornerstone Communications profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -85.86%
*******
*******
*******
*******
Revenue from Operations
*******
 -86.34%
*******
*******
*******
*******
Total Assets
*******
 -62.79%
*******
*******
*******
*******
Profit or Loss
*******
 -1126.42%
*******
*******
*******
*******
Net Worth
*******
 -35.58%
*******
*******
*******
*******
EBITDA
*******
 -142.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Cornerstone Communications?

In 2023, Cornerstone Communications had a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,323,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Saraswat Co-Op Bank Ltd : 0.13 Cr
Latest Charge Details
Date Lender Amount Status
11 Sep 2000 The Saraswat Co-Op Bank Ltd ₹0.12 M Open
19 Mar 1997 The Saraswat Co-Op Bank Ltd ₹0.70 M Open
14 Sep 1996 The Saraswat Co-Op Bank Ltd ₹0.30 M Open
30 Aug 1996 The Saraswat Co-Op Bank Ltd ₹0.20 M Open

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How Many Employees Work at Cornerstone Communications?

Unlock and access historical data on people associated with Cornerstone Communications, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cornerstone Communications, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cornerstone Communications's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Cornerstone Communications
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Cornerstone Communications Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Cornerstone Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Basudev Biswas was appointed as a Director was appointed as a Director on 25 Jan 2012 & has been associated with this company since 14 years 1 month . was documented.

  • Charges

    Progress on A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 0.12 M with Charge ID 90150823 was registered on 11 Sep 2000. was documented.

  • Charges

    A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 0.70 M with Charge ID 90150443 was registered on 19 Mar 1997. was recorded as a recent event.

  • Charges

    Progress on A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 0.30 M with Charge ID 90150408 was registered on 14 Sep 1996. was documented.

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Frequently Asked Questions
What is the CIN of Cornerstone Communications Private Limited?

The CIN of Cornerstone Communications Private Limited is U74300MH1996PTC097251.

Where is Cornerstone Communications Private Limited headquartered?

Cornerstone Communications Private Limited is headquartered at 11- A, Trishul Apartment, Kane Road,, Near Mount Mary Church, Mumbai, Maharashtra, 400050.

When was Cornerstone Communications Private Limited incorporated?

Cornerstone Communications Private Limited was incorporated on 14 February 1996.

Who are the current directors of Cornerstone Communications Private Limited?

The current directors of Cornerstone Communications Private Limited are

What is the primary industry of Cornerstone Communications Private Limited?

The primary industry of Cornerstone Communications Private Limited is Professional, Scientific And Technical.

Is Cornerstone Communications Private Limited a listed company?

Cornerstone Communications Private Limited is unlisted.

What is the capital structure of Cornerstone Communications Private Limited?

The authorized capital of Cornerstone Communications Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Cornerstone Communications Private Limited?

The compliance status of Cornerstone Communications Private Limited is Compliant.

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