About Cornier Power Systems Private Limited
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Cornier Power Systems Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52100KL2008PTC022090. Its GSTIN is 32AADCC3575E1Z0 (Kerala).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Cornier Generator Sales and Services Private Limited. It is led by directors Asha Mary Thomas (Managing Director) and Thomas George.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sw – 65/3358/Cc Banerji Road Marine Drive Post Office, Kochi, Kerala, India – 682031.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.36 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹36.68 Lakh (net margin -27%) and EBITDA of -₹25.92 Lakh (EBITDA margin -19.1%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.88 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cornier.co.in.
Company details
Contact details
Cornier Power Systems Private Limited's registered office is in Kochi, Kerala. Its website is cornier.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSw – 65/3358/Cc Banerji Road Marine Drive Post Office, Kochi, Kerala, India – 682031
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
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- 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
Business activity
The main business activity of Cornier Power Systems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Cornier Power Systems Private Limited, buy the company report.
Financials of Cornier Power Systems Private Limited
FY 2019 filings availableCornier Power Systems Private Limited reported revenue of ₹1.36 Cr (up 8% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA fell 162% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.36 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹25.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.1% | ||||
| Net Profit Margin | -27% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Cornier Power Systems Private Limited, buy the company report.
Board of directors of Cornier Power Systems Private Limited
Cornier Power Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas George | Director | 06 Jul 2009 | 17 Years 4 Months | Current |
| Asha Mary Thomas Also directs: Whispower Generator Sales and Services Private Limited | Managing Director | 18 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Cornier Power Systems Private Limited is audited by Prince Manu & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Prince Manu & Associates | FY 2019 | 0134805 |
Shareholding
The shareholding of Cornier Power Systems Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Cornier Power Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2009 | 10184714 | Idbi Bank Limited | ₹2.88 Cr | Open |
To see the full charge records of Cornier Power Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Cornier Power Systems Private Limited has 13 court cases on record: 9 filed by Cornier Power Systems, 4 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 1 |
| NCLT | 3 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kottayam, Kerala | Civil suit | Filed against the company by I.D.B.I. Bank Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Indus Tower Limited | Pending |
| NCLT, Kochi | Insolvency matter | Filed against the company by Union Bank of India and 1 other | Disposed |
| NCLT, Kochi | Insolvency matter | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Indus Tower Limited | Disposed |
To see the full case history of Cornier Power Systems 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 Cornier Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cornier Power Systems Private Limited has a workforce of 4 employees on its EPFO records as of Jan 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 4 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Cornier Power Systems Private Limited, buy the company report.
GST
Cornier Power Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCC3575E1Z0 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cornier Power Systems Private Limited, buy the company report.
Recent activity
Cornier Power Systems Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Reema Sarah Thomas ceased to be Director on 03 Aug 2010.
Frequently asked questions
Cornier Power Systems is an active private limited company based in Kochi, Kerala, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 18 March 2008 (18+ years old) and is registered under CIN U52100KL2008PTC022090.
Cornier Power Systems has 2 current directors:
- Asha Mary Thomas - Managing Director
- Thomas George - Director
The latest financial statements of Cornier Power Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Cornier Power Systems is 32AADCC3575E1Z0, registered in Kerala.
The CIN (Corporate Identification Number) of Cornier Power Systems is U52100KL2008PTC022090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornier Power Systems has 13 court cases on record: 9 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Cornier Power Systems was incorporated on 18 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
Reema Sarah Thomas ceased to be Director on 03 Aug 2010. Thomas George was appointed as Director on 06 Jul 2009. Asha Mary Thomas was appointed as Managing Director on 18 Mar 2008. Cornier Power Systems has 4 board changes on record in total.
Cornier Power Systems can be reached through the website cornier.co.in. Its registered office is in Kochi, Kerala, India.
The registered office of Cornier Power Systems is at Sw – 653358Cc Banerji Road Marine Drive Post Office, Kochi, Kerala, India – 682031.
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