Cornerstone Ondemand Enterprise India Private Limited

Cornerstone Ondemand Enterprise India Private Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U85500MH2013PTC249248 Incorporated 15 October 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company education
Data last updated
Revenue · FY 2025
₹630.5 Cr
▲ 14% YoY
Net profit · FY 2025
₹63.78 Cr
Net margin 10.1%
EBITDA · FY 2025
₹98.47 Cr
EBITDA margin 15.6%
Authorised capital
₹61 Lakh
Registered with MCA
Paid-up capital
₹17.52 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
1,484
Provident fund records
Directors on board
2
As per MCA filings

About Cornerstone Ondemand Enterprise India Private Limited

Data last updated:

Cornerstone Ondemand Enterprise India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Edcast Llc. It operates in the corporate training and development segment of the education sector. It was incorporated on 15 October 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85500MH2013PTC249248. Its GSTIN is 27AAFCC4653B1ZY (Maharashtra). The company holds 10 GST registrations, all of them active.

The company has an authorised share capital of ₹61 Lakh and a paid-up capital of ₹17.52 Lakh. It was formerly known as Coursemaster Asia Private Limited and Coursewave Eduventures Private Limited. It is led by directors Kiran Arun Bhorkar and Shanna Jane Helen Laughton.

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 Unit No 908 909 910 A – Wing 9th Floor Kanakia, Wallstreet Andheri Kurla Road Andheri East Mumbai, Maharashtra, India – 400093.

As per the financials filed for FY 2025, the company reported a revenue of ₹630.5 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹63.78 Cr (net margin 10.1%) and EBITDA of ₹98.47 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years and 88% over five years.

The company has about 1,484 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: EdCast. The company has 1 deal on record (1 secondary share transfer); the latest was in January 2014. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 15 overdue payments to 7 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website edcast.com.

Company details

CIN U85500MH2013PTC249248
Registration Number 249248
Incorporation Date 15 October 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Edcast Llc
Compliance Status Active Compliant

Name history

Cornerstone Ondemand Enterprise India has undergone 3 name changes throughout its history. The company was previously known as Coursemaster Asia Private Limited, Coursewave Eduventures Private Limited, and Cornerstone Ondemand Enterprise India Private Limited. The current legal name is Cornerstone Ondemand Enterprise India Private Limited.

Company NameStatus
Cornerstone Ondemand Enterprise India Private LimitedCurrent
Coursemaster Asia Private LimitedPrevious
Coursewave Eduventures Private LimitedPrevious

CIN history

Cornerstone Ondemand Enterprise India has one previous CIN (Corporate Identification Number): U80301MH2013PTC249248. The current CIN is U85500MH2013PTC249248, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85500MH2013PTC249248Current
U80301MH2013PTC249248Previous

Contact details

Cornerstone Ondemand Enterprise India Private Limited's registered office is in Mumbai, Maharashtra. Its website is edcast.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Unit No 908 909 910 A – Wing 9th Floor Kanakia, Wallstreet Andheri Kurla Road Andheri East Mumbai, Maharashtra, India – 400093
  • Industry
    Education, Corporate Training & Development

To see the full contact details of Cornerstone Ondemand Enterprise India Private Limited, buy the company report.

Comprehensive company report
Cornerstone Ondemand Enterprise India 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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Brands

Cornerstone Ondemand Enterprise India operates one associated brand: EdCast. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-based AI-powered learning platform is delivered to corporations.edcast.com

Business activity

The main business activity of Cornerstone Ondemand Enterprise India is education. In detail, this covers higher education, technical & vocational education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP2Higher education, technical & vocational education

To see the full business activity and turnover split of Cornerstone Ondemand Enterprise India Private Limited, buy the company report.

Financials of Cornerstone Ondemand Enterprise India Private Limited

FY 2024 filings available

Cornerstone Ondemand Enterprise India Private Limited reported revenue of ₹630.5 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹630.5 Cr ▲ 14%
Net profit · FY 2025
₹63.78 Cr margin 10.1%
EBITDA · FY 2025
₹98.47 Cr margin 15.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 116%
5 years · compounded
▲ 88%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 339%
5 years · compounded
▲ 102%

Revenue has grown at a compounded annual rate (CAGR) of 88% over five years, including 14% growth in the latest year. EBITDA rose 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹98.47 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹63.78 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.6%
Net Profit Margin10.1%
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 Ondemand Enterprise India Private Limited, buy the company report.

Board of directors of Cornerstone Ondemand Enterprise India Private Limited

Cornerstone Ondemand Enterprise India has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kiran Arun BhorkarDirector28 May 20251 Years 5 MonthsCurrent
Shanna Jane Helen LaughtonDirector24 Feb 20233 Years 8 MonthsCurrent

Auditor

Cornerstone Ondemand Enterprise India Private Limited is audited by MSKA & associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MSKA & associatesFY 2023116084

Shareholding

The shareholding of Cornerstone Ondemand Enterprise India Private 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 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cornerstone Ondemand Enterprise India Private Limited, buy the company report.

Deals & funding

Cornerstone Ondemand Enterprise India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in January 2014.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2014Secondary share transferUndisclosedBuyer: Edcast Inc, Edcast Inc & Kaushal Mehta
Seller: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Cornerstone Ondemand Enterprise India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 15 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 7)

SupplierAmount dueDue sinceReported on
Skyways Tours Private Limited
an individual supplier
Saswad Tours and Travels Private Limited
an individual supplier
Ace Payxpress Services Private Limited

To see the full MSME payment records of Cornerstone Ondemand Enterprise India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Cornerstone Ondemand Enterprise India Private Limited has a workforce of 1,484 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
1,484
Active EPFO establishments
1
Employee growth
-8.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-271,484
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19

To see the full employee and EPFO history of Cornerstone Ondemand Enterprise India Private Limited, buy the company report.

GST

Cornerstone Ondemand Enterprise India has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
10
GSTINStateStatusRegistered on
27AAFCC4653B1ZYMaharashtraActive01 Jul 2017
27AAHCB1661L1ZIMaharashtraActive29 Jan 2020
27AAFCC4653B1C9MaharashtraActive30 Aug 2021
06AAHCB1661L1ZMHaryanaActive05 Sep 2017

To see the full GST registrations and return filing status of Cornerstone Ondemand Enterprise India Private Limited, buy the company report.

Recent activity

Cornerstone Ondemand Enterprise India Private Limited has 13 board changes on record since 2014: 2 appointments and 11 cessations. The latest: Kiran Arun Bhorkar ceased to be Additional Director on 29 May 2025.

Ceased
Kiran Arun Bhorkar ceased to be Additional Director.
Appointed
Kiran Arun Bhorkar was appointed as Director.
AGM
Cornerstone Ondemand Enterprise India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cornerstone Ondemand Enterprise India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Shanna Jane Helen Laughton ceased to be Additional Director.
Appointed
Shanna Jane Helen Laughton was appointed as Director.
Ceased
Meetesh Narula ceased to be Additional Director.
Ceased
Kaushal Mehta ceased to be Additional Director.
Ceased
Subhash Saini ceased to be Director.
Ceased
Nishchae Suri ceased to be Additional Director.
Ceased
Rajesh Pandharinath Bhagwat ceased to be Additional Director.
Ceased
Sumit Chhazed ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Cornerstone Ondemand Enterprise India is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 15 October 2013 (13+ years old) and is registered under CIN U85500MH2013PTC249248.

Cornerstone Ondemand Enterprise India has 2 current directors:

The latest financial statements of Cornerstone Ondemand Enterprise India 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 Ondemand Enterprise India is 27AAFCC4653B1ZY, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 27AAHCB1661L1ZI (Maharashtra), 27AAFCC4653B1C9 (Maharashtra), 06AAHCB1661L1ZM (Haryana).

The CIN (Corporate Identification Number) of Cornerstone Ondemand Enterprise India is U85500MH2013PTC249248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cornerstone Ondemand Enterprise India was incorporated on 15 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Cornerstone Ondemand Enterprise India has 1 deal on record (1 secondary share transfer); the latest was in January 2014.

Kiran Arun Bhorkar ceased to be Additional Director on 29 May 2025. Kiran Arun Bhorkar was appointed as Director on 28 May 2025. Shanna Jane Helen Laughton ceased to be Additional Director on 25 Sep 2023. Cornerstone Ondemand Enterprise India has 13 board changes on record in total.

Cornerstone Ondemand Enterprise India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 15 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Cornerstone Ondemand Enterprise India can be reached through the website edcast.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Cornerstone Ondemand Enterprise India is at Unit No 908 909 910 A – Wing 9th Floor Kanakia, Wallstreet Andheri Kurla Road Andheri East Mumbai, Maharashtra, India – 400093.