Cornerstone Constructions Limited

Cornerstone Constructions Limited - infrastructure and utilities in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74210TN1992PLC022707 Incorporated 20 May 1992 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Public Limited Company infrastructure and utilities MSME · Small
Data last updated
Revenue · FY 2024
₹26.64 Cr
▲ 90% YoY
Net profit · FY 2024
₹79,176
Net margin 0%
EBITDA · FY 2024
₹1.6 Cr
EBITDA margin 6%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹29.4 Lakh
Issued & subscribed
Open charges
₹15.11 Cr
Satisfied ₹5.05 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
94
Provident fund records

About Cornerstone Constructions Limited

Data last updated:

Cornerstone Constructions Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 May 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN1992PLC022707. Its GSTIN is 33AAFCC4850Q1ZB (Tamil Nadu).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹29.4 Lakh. It was formerly known as Cornerstone Constructions Private Limited. It is led by directors including George Maria Anto (Managing Director) and Jasmine Jayakala Anto George.

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 M – 26 X St. Anna Nagar East Chennai 102, Tamil Nadu, India – 600102.

As per the financials filed for FY 2024, the company reported a revenue of ₹26.64 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹79,176 (net margin 0%) and EBITDA of ₹1.6 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 6% over five years.

The company has about 94 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15.11 Cr and satisfied charges of ₹5.05 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending.

Cornerstone Constructions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0015100). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cornerstone.net.in.

Company details

CIN U74210TN1992PLC022707
Registration Number 022707
Incorporation Date 20 May 1992
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0015100

CIN history

Cornerstone Constructions has one previous CIN (Corporate Identification Number): U74210TN1992PTC022707. The current CIN is U74210TN1992PLC022707, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74210TN1992PLC022707Current
U74210TN1992PTC022707Previous

Recognitions & Rankings of Cornerstone Constructions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0015100

Contact details

Cornerstone Constructions Limited's registered office is in Chennai, Tamil Nadu. Its website is cornerstone.net.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    M – 26 X St. Anna Nagar East Chennai 102, Tamil Nadu, India – 600102
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Cornerstone Constructions Limited, buy the company report.

Comprehensive company report
Cornerstone Constructions Limited - one report that includes everything
  • 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

The main business activity of Cornerstone Constructions is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Cornerstone Constructions Limited, buy the company report.

Financials of Cornerstone Constructions Limited

FY 2024 filings available

Cornerstone Constructions Limited reported revenue of ₹26.64 Cr (up 90% YoY) for FY 2024.

Revenue · FY 2024
₹26.64 Cr ▲ 90%
Net profit · FY 2024
₹79,176 margin 0%
EBITDA · FY 2024
₹1.6 Cr margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 48%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 90% growth in the latest year. EBITDA rose 25% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.6 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹79,176
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6%
Net Profit Margin0%
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 Cornerstone Constructions Limited, buy the company report.

Board of directors of Cornerstone Constructions Limited

Cornerstone Constructions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jasmine Jayakala Anto GeorgeDirector28 Nov 201312 Years 10 MonthsCurrent
Ankisha George Anto GeorgeDirector22 Oct 201313 Years 0 MonthsCurrent
Asherin George Anto GeorgeDirector22 Oct 201313 Years 0 MonthsCurrent
George Maria AntoManaging Director12 May 199531 Years 5 MonthsCurrent

Auditor

Cornerstone Constructions Limited is audited by ANANDA KUMAR ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ANANDA KUMAR ASSOCIATESFY 2023000124S

Shareholding

The shareholding of Cornerstone Constructions Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cornerstone Constructions Limited, buy the company report.

Charges & borrowings

Open charges
₹15.11 Cr
Satisfied charges
₹5.05 Cr
Breakdown by lending institutions
Others₹15.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jan 2025101084629Others₹60 LakhOpen
20 Sep 2022100627958Others₹1.09 CrOpen
05 Sep 2022100619361Others₹1 CrOpen
19 Mar 2022100566813Others₹28.47 LakhOpen
19 Mar 2022100566988Others₹59.79 LakhOpen

To see the full charge records of Cornerstone Constructions Limited, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cornerstone Constructions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Cornerstone Constructions Limited has a workforce of 94 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
94
Active EPFO establishments
1
Employee growth
42.42%

GST

Cornerstone Constructions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAFCC4850Q1ZBTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Cornerstone Constructions Limited, buy the company report.

Recent activity

Cornerstone Constructions Limited has 6 board changes on record since 1995: 4 appointments and 2 cessations. The latest: Jasmine Jayakala Anto George was appointed as Director on 28 Nov 2013.

Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 101084629 was registered on 31 Jan 2025.
AGM
Cornerstone Constructions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cornerstone Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 1.09 Cr with Charge ID 100627958 was registered on 20 Sep 2022.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100619361 was registered on 05 Sep 2022.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100566813 was registered on 19 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100566988 was registered on 19 Mar 2022.
Charges
A charge with Others of Rs. 10.00 Cr registered on 30 Sep 2016 with Charge ID 100175277 was modified on 22 Sep 2021.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100331240 was registered on 21 Feb 2020.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100331241 was registered on 21 Feb 2020.
Charges
A charge with Others amounted to Rs. 1.28 Cr with Charge ID 100316595 was registered on 24 Dec 2019.
Charges
A charge registered on 30 Jan 2015 via Charge ID 10546441 with Hdfc Bank Limited was fully satisfied on 22 Feb 2017.

9 earlier events are in the company report.

Frequently asked questions

Cornerstone Constructions is an active public limited company based in Chennai, Tamil Nadu, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 May 1992 (34+ years old) and is registered under CIN U74210TN1992PLC022707.

Cornerstone Constructions has 4 current directors:

The latest financial statements of Cornerstone Constructions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Cornerstone Constructions is 33AAFCC4850Q1ZB, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Cornerstone Constructions is U74210TN1992PLC022707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cornerstone Constructions has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.

Cornerstone Constructions was incorporated on 20 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.

Jasmine Jayakala Anto George was appointed as Director on 28 Nov 2013. Jasmine Jayakala Anto George ceased to be Director on 23 Oct 2013. Ankisha George Anto George was appointed as Director on 22 Oct 2013. Cornerstone Constructions has 6 board changes on record in total.

Yes, Cornerstone Constructions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0015100).

Cornerstone Constructions can be reached through the website cornerstone.net.in. Its registered office is in Chennai, Tamil Nadu, India.