MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-09-0023469
Cornext Agri Products Private Limited - agriculture in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹59.65 Cr
▲ 85% YoY
Net profit · FY 2026
₹61.9 Lakh
Net margin 1%
EBITDA · FY 2026
₹1.78 Cr
EBITDA margin 3%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹66.2 Lakh
Issued & subscribed
Open charges
₹9.82 Cr
Satisfied ₹3.45 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
31
Provident fund records
About Cornext Agri Products Private Limited
Data last updated:
Cornext Agri Products Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 21 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15122AP2015PTC097020. Its GSTIN is 37AAGCC1151M1ZM (Andhra Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹66.2 Lakh. It is led by directors Madhav Kshatriya (Managing Director) and Mahmed Feroz Ahamed.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at D.No.18 – 18 – 145/A Mufti Street Ganji Bazar Centre, Guntur, Andhra Pradesh, India – 522003.
As per the financials filed for FY 2026, the company reported a revenue of ₹59.65 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹61.9 Lakh (net margin 1%) and EBITDA of ₹1.78 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 42% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cornext. As per MCA filings, the company has open charges of ₹9.82 Cr and satisfied charges of ₹3.45 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending. The company has 11 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹23.92 Cr; the latest was in April 2024.
Cornext Agri Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0023469). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cornext.in.
Company details
CIN U15122AP2015PTC097020
Registration Number 097020
Incorporation Date 21 July 2015
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-09-0023469
Recognitions & Rankings of Cornext Agri Products
Contact details
Cornext Agri Products Private Limited's registered office is in Guntur, Andhra Pradesh. Its website is cornext.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD.No.18 – 18 – 145/A Mufti Street Ganji Bazar Centre, Guntur, Andhra Pradesh, India – 522003
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Cornext Agri Products Private Limited, buy the company report.
Comprehensive company report
Cornext Agri Products 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
Cornext Agri Products operates one associated brand: Cornext. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Silage balers are manufactured by Cornext, an Indian Agri-Tech firm. | cornext.in |
Business activity
The main business activity of Cornext Agri Products is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities |
To see the full business activity and turnover split of Cornext Agri Products Private Limited, buy the company report.
Financials of Cornext Agri Products Private Limited
FY 2026 filings availableCornext Agri Products Private Limited reported revenue of ₹59.65 Cr (up 85% YoY) for FY 2026.
Revenue · FY 2026
₹59.65 Cr ▲ 85%
Net profit · FY 2026
₹61.9 Lakh margin 1%
EBITDA · FY 2026
₹1.78 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 37%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 142%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 85% growth in the latest year. EBITDA rose 142% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.9 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 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 Cornext Agri Products Private Limited, buy the company report.
Board of directors of Cornext Agri Products Private Limited
Cornext Agri Products has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Kshatriya | Managing Director | 02 Sep 2016 | 10 Years 2 Months | Current |
| Mahmed Feroz Ahamed | Director | 21 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Cornext Agri Products Private Limited is audited by MSKC & Associates LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKC & Associates LLP | FY 2026 | 001595S |
Shareholding
The shareholding of Cornext Agri Products Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cornext Agri Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.82 Cr
Satisfied charges
₹3.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2022 | 100521018 | Others | ₹1.5 Cr | Open | |
| 23 Nov 2021 | 100505828 | Others | ₹43.5 Lakh | Open | |
| 14 Aug 2020 | 100365038 | Others | ₹88 Lakh | Open | |
| 31 Dec 2015 | 10616026 | Others | ₹7 Cr | Open | |
| 09 Nov 2023 | 100824560 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Cornext Agri Products Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Cornext Agri Products Private Limited has 11 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹23.92 Cr; the latest was in April 2024.
Total deals
11
Funding rounds
7
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹23.92 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Funding round · Seed | ₹19 Cr | Investors: Omnivore Partners |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: Gayatri Housing Private Limited, 3 individuals Seller: Sri Gayatri Housing Private Limited , 2 individuals |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2019 | Funding round | ₹2.11 Cr | Investors: Sri Gayatri Housing Private Limited , 2 individuals |
| Mar 2019 | Rights issue | ₹1 Cr | Investors: an individual |
To see the full deal history of Cornext Agri Products Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cornext Agri Products Private Limited has 5 court cases on record: 5 filed by Cornext Agri Products. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
5
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 2 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh and 2 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Ap and 4 others | Disposed |
To see the full case history of Cornext Agri Products Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cornext Agri Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cornext Agri Products Private Limited has a workforce of 31 employees on its EPFO records as of Feb 04, 2025, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
24%
GST
Cornext Agri Products has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCC1151M1ZM | Andhra Pradesh | Active | 01 Jul 2017 |
| 36AAGCC1151M1ZO | Telangana | Active | 01 Nov 2017 |
| 33AAGCC1151M1ZU | Tamil Nadu | Active | 23 Sep 2024 |
To see the full GST registrations and return filing status of Cornext Agri Products Private Limited, buy the company report.
Recent activity
Cornext Agri Products Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Amarnath Sarangula ceased to be Director on 20 Mar 2024.
Filing
Cornext Agri Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Vijayawada.
AGM
Cornext Agri Products Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 700.00 Lakh registered on 31 Dec 2015 with Charge ID 10616026 was modified on 30 Jan 2025.
Charges
A charge registered on 09 Nov 2023 via Charge ID 100824560 with Others was fully satisfied on 10 May 2024.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 13 Jan 2022 with Charge ID 100521018 was modified on 28 Mar 2024.
Ceased
Amarnath Sarangula ceased to be Director.
Charges
A charge registered on 15 May 2020 via Charge ID 100338901 with Others was fully satisfied on 07 Mar 2024.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100824560 was registered on 09 Nov 2023.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100521018 was registered on 13 Jan 2022.
Charges
A charge with Others amounted to Rs. 43.50 Lakh with Charge ID 100505828 was registered on 23 Nov 2021.
Charges
A charge with Others amounted to Rs. 88.00 Lakh with Charge ID 100365038 was registered on 14 Aug 2020.
Charges
A charge with Others amounted to Rs. 45.00 Lakh with Charge ID 100338901 was registered on 15 May 2020.
8 earlier events are in the company report.
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Frequently asked questions
Cornext Agri Products is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 21 July 2015 (11+ years old) and is registered under CIN U15122AP2015PTC097020.
Cornext Agri Products has 2 current directors:
- Madhav Kshatriya - Managing Director
- Mahmed Feroz Ahamed - Director
The latest financial statements of Cornext Agri Products on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Cornext Agri Products is 37AAGCC1151M1ZM, registered in Andhra Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAGCC1151M1ZO (Telangana), 33AAGCC1151M1ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of Cornext Agri Products is U15122AP2015PTC097020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornext Agri Products has 5 court cases on record: 5 filed by the company. 2 are pending.
Cornext Agri Products was incorporated on 21 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
Cornext Agri Products has 11 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹23.92 Cr; the latest was in April 2024.
Amarnath Sarangula ceased to be Director on 20 Mar 2024. Ram Kumar Chilukuri ceased to be Director on 25 Aug 2018. Vavilala Jhansi ceased to be Director on 20 Sep 2016. Cornext Agri Products has 5 board changes on record in total.
Yes, Cornext Agri Products is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0023469).
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