MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0070153
Cornerstone India Consulting Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.08 Cr
▼ 3% YoY
Net loss · FY 2025
₹2.51 Lakh
Net margin -0.8%
EBITDA · FY 2025
₹13.76 Lakh
EBITDA margin 4.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
Active GSTINs
4
GST registered
About Cornerstone India Consulting Private Limited
Data last updated:
Cornerstone India Consulting Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 01 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2004PTC144801. Its GSTIN is 27AACCC3676K1ZD (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vijay Shrinivas Karkare (Managing Director) and Alok Khetan (Managing Director).
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 313 A Wing Gokul Arcade Subhash Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.08 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹2.51 Lakh (net margin -0.8%) and EBITDA of ₹13.76 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 13% over five years.
Cornerstone India Consulting Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0070153). 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.co.in.
Company details
CIN U74140MH2004PTC144801
Registration Number 144801
Incorporation Date 01 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0070153
Key People
Vijay Shrinivas Karkare Managing Director Alok Khetan Managing Director Jyotsna Vijay Karkare Director Recognitions & Rankings of Cornerstone India Consulting
Contact details
Cornerstone India Consulting Private Limited's registered office is in Mumbai, Maharashtra. Its website is cornerstone.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address313 A Wing Gokul Arcade Subhash Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Cornerstone India Consulting Private Limited, buy the company report.
Comprehensive company report
Cornerstone India Consulting Private 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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Secure checkout · GST invoice included
Business activity
The main business activity of Cornerstone India Consulting is administrative and support service activities. In detail, this covers employment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities |
To see the full business activity and turnover split of Cornerstone India Consulting Private Limited, buy the company report.
Financials of Cornerstone India Consulting Private Limited
FY 2025 filings availableCornerstone India Consulting Private Limited reported revenue of ₹3.08 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹3.08 Cr ▼ 3%
Net loss · FY 2025
₹2.51 Lakh margin -0.8%
EBITDA · FY 2025
₹13.76 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 1%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 134%
3 years · compounded
▼ 17%
5 years · compounded
▼ 3%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 134% 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 | FY 2020-21 |
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| EBITDA | ₹13.76 Lakh | ||||
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| Net Profit (PAT) | -₹2.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Cornerstone India Consulting Private Limited, buy the company report.
Board of directors of Cornerstone India Consulting Private Limited
Cornerstone India Consulting has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotsna Vijay Karkare Also directs: Search Meridian HR Consulting Private Limited | Director | 01 Mar 2004 | 22 Years 7 Months | Current |
| Vijay Shrinivas Karkare Also directs: Search Meridian HR Consulting Private Limited | Managing Director | 01 Mar 2004 | 22 Years 7 Months | Current |
| Alok Khetan | Managing Director | 05 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Cornerstone India Consulting Private Limited is audited by GADRE & BAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GADRE & BAL | FY 2022 | 102893W |
Shareholding
The shareholding of Cornerstone India Consulting Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cornerstone India Consulting Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cornerstone India Consulting Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cornerstone India Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cornerstone India Consulting has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC3676K1ZD | Maharashtra | Active | 01 Jul 2017 |
| 07AACCC3676K1ZF | Delhi | Active | 07 Dec 2017 |
| 29AACCC3676K1Z9 | Karnataka | Active | 08 Dec 2017 |
| 06AACCC3676K1ZH | Haryana | Active | 07 Jun 2018 |
To see the full GST registrations and return filing status of Cornerstone India Consulting Private Limited, buy the company report.
Recent activity
Cornerstone India Consulting Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Alok Khetan was appointed as Managing Director on 05 Dec 2025.
Appointed
Alok Khetan was appointed as Managing Director.
Ceased
Alok Khetan ceased to be Additional Director.
Ceased
Vijay Shrinivas Karkare ceased to be Director.
AGM
Cornerstone India Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cornerstone India Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Jyotsna Vijay Karkare was appointed as Director.
Appointed
Vijay Shrinivas Karkare was appointed as Managing Director.
Incorporation
01 Mar 2004
Cornerstone India Consulting Private Limited was registered on 01 Mar 2004 with Roc Mumbai I & aged 22 years 7 months as per MCA records.
Frequently asked questions
Cornerstone India Consulting is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 01 March 2004 (22+ years old) and is registered under CIN U74140MH2004PTC144801.
Cornerstone India Consulting has 3 current directors:
- Vijay Shrinivas Karkare - Managing Director
- Alok Khetan - Managing Director
- Jyotsna Vijay Karkare - Director
The latest financial statements of Cornerstone India Consulting 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 2015 are in the company report.
The GSTIN of Cornerstone India Consulting is 27AACCC3676K1ZD, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AACCC3676K1ZF (Delhi), 29AACCC3676K1Z9 (Karnataka), 06AACCC3676K1ZH (Haryana).
The CIN (Corporate Identification Number) of Cornerstone India Consulting is U74140MH2004PTC144801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornerstone India Consulting was incorporated on 01 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Alok Khetan was appointed as Managing Director on 05 Dec 2025. Alok Khetan ceased to be Additional Director on 05 Dec 2025. Vijay Shrinivas Karkare ceased to be Director on 04 Dec 2025. Cornerstone India Consulting has 5 board changes on record in total.
Yes, Cornerstone India Consulting is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0070153).
Cornerstone India Consulting can be reached through the website cornerstone.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Cornerstone India Consulting is at 313 A Wing Gokul Arcade Subhash Road Vile Parle East, Mumbai, Maharashtra, India – 400057.