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Cornerstone Robotics Private Limited
Cornerstone Robotics Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹20.31 Lakh
▲ 129% YoY
Net profit · FY 2024
₹1.04 Lakh
Net margin 5.1%
EBITDA · FY 2024
₹1.3 Lakh
EBITDA margin 6.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Cornerstone Robotics Private Limited
Data last updated:
Cornerstone Robotics Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 June 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2022PTC153059.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sivakumar Hariharan and Subramani Sivakumar.
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 No.59 2nd Street Thirumalai Nagar Kolathur, Chennai, Tamil Nadu, India – 600110.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.31 Lakh, a growth of 129% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Lakh (net margin 5.1%) and EBITDA of ₹1.3 Lakh (EBITDA margin 6.4%).
Cornerstone Robotics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0141874).
Company Details of Cornerstone Robotics Private Limited
CIN U31900TN2022PTC153059
Registration Number 153059
Incorporation Date 16 June 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0141874
Recognitions & Rankings of Cornerstone Robotics
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-02-0141874
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.59 2nd Street Thirumalai Nagar Kolathur, Chennai, Tamil Nadu, India – 600110
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Cornerstone Robotics Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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- Legal cases, compliance and MCA filings
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Business Activity
The main business activity of Cornerstone Robotics is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Cornerstone Robotics Private Limited
FY 2024 filings availableCornerstone Robotics Private Limited reported revenue of ₹20.31 Lakh (up 129% YoY) for FY 2024.
Revenue · FY 2024
₹20.31 Lakh ▲ 129%
Net profit · FY 2024
₹1.04 Lakh margin 5.1%
EBITDA · FY 2024
₹1.3 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 129%
EBITDA CAGR growth
1 year
▲ 704%
Revenue rose 129% in the latest year. EBITDA rose 704% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23in the company report |
|---|---|---|
| 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 | ₹1.3 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.04 Lakh | |
| 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
| Metrics | FY 2023-24 | FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.4% | |
| Net Profit Margin | 5.1% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2022-23, 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 Cornerstone Robotics are in the company report.
: available in the company report
Board of Directors of Cornerstone Robotics Private Limited
Cornerstone Robotics has 2 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 |
|---|---|---|---|---|
| Sivakumar Hariharan Also directs: Creedstone Arts Private Limited, Conqueror Private Limited | Director | 04 Aug 2022 | 4 Years 2 Months | Current |
| Subramani Sivakumar Also directs: Petra Assistive Devices Private Limited | Director | 16 Jun 2022 | 4 Years 4 Months | Current |
Charges & Borrowings
Cornerstone Robotics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Cornerstone Robotics.
: available in the company report
Recent Activity
Cornerstone Robotics Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Raja Roshini ceased to be Director on 01 Dec 2022.
AGM
Cornerstone Robotics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cornerstone Robotics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Raja Roshini ceased to be Director.
Ceased
Sivakumar Saravanan ceased to be Director.
Appointed
Sivakumar Hariharan was appointed as Director.
Appointed
Subramani Sivakumar was appointed as Director.
Incorporation
16 Jun 2022
Cornerstone Robotics Private Limited was registered on 16 Jun 2022 with Roc Chennai & aged 4 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Cornerstone Robotics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 June 2022 (4+ years old) and is registered under CIN U31900TN2022PTC153059.
Cornerstone Robotics has 2 current directors:
- Sivakumar Hariharan - Director
- Subramani Sivakumar - Director
The latest financial statements of Cornerstone Robotics 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Cornerstone Robotics is U31900TN2022PTC153059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornerstone Robotics was incorporated on 16 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
Raja Roshini ceased to be Director on 01 Dec 2022. Sivakumar Saravanan ceased to be Director on 01 Dec 2022. Sivakumar Hariharan was appointed as Director on 04 Aug 2022. Cornerstone Robotics has 4 board changes on record in total.
Yes, Cornerstone Robotics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Cornerstone Robotics is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0141874).
The registered office of Cornerstone Robotics is at No.59 2nd Street Thirumalai Nagar Kolathur, Chennai, Tamil Nadu, India – 600110.
Cornerstone Robotics operates in the information technology industry, in the application development and software solutions segment.