Fortune MNC 500 India 2026 edition
Rank#401- Total income
- ₹706 Cr
- Profit
- ₹-13 Cr
Last year #328
Corning Technologies India Private Limited - consumer goods in Gurugram, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1,129.89 Cr
▲ 41% YoY
Net profit · FY 2023
₹184.15 Cr
Net margin 16.3%
EBITDA · FY 2023
₹262.82 Cr
EBITDA margin 23.3%
Authorised capital
₹1,000 Cr
Registered with MCA
Paid-up capital
₹811.12 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
411
Provident fund records
Directors on board
4
As per MCA filings
About Corning Technologies India Private Limited
Data last updated:
Corning Technologies India Private Limited is a foreign private limited company based in Gurugram, Haryana, India, a subsidiary of Corning Singapore Holdings Private Limited. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 02 June 2009 and has been in existence for over 17 years.
Corning Technologies India is ranked #401 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29292HR2009FTC039165. Its GSTIN is 06AADCC6645D1ZW (Haryana). The company holds 10 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹811.12 Cr. It is led by directors including Sudhir Narayana Pillai (Managing Director) and Bhawna Singhal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurugram, Haryana.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,129.89 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹184.15 Cr (net margin 16.3%) and EBITDA of ₹262.82 Cr (EBITDA margin 23.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
The company has about 411 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹500.21 Cr; the latest was in July 2014. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 618 overdue payments to 77 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 corning.com.
Company details
CIN U29292HR2009FTC039165
Registration Number 039165
Incorporation Date 02 June 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Corning Singapore Holdings Private Limited
Compliance Status Active Compliant
Key People
Sudhir Narayana Pillai Managing Director Bhawna Singhal Whole-Time Director Subhajit Das Whole-Time Director Recognitions & Rankings of Corning Technologies India
Contact details
Corning Technologies India Private Limited's registered office is in Gurugram, Haryana. Its website is corning.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Pioneer Square Crpf Road Sector – 62 Near Golf Course Extension Ro, Ad, Gurugram, Haryana, India – 122005
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Corning Technologies India Private Limited, buy the company report.
Comprehensive company report
Corning Technologies 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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Financials of Corning Technologies India Private Limited
FY 2025 filings availableCorning Technologies India Private Limited reported revenue of ₹1,129.89 Cr (up 41% YoY) for FY 2023.
Revenue · FY 2023
₹1,129.89 Cr ▲ 41%
Net profit · FY 2023
₹184.15 Cr margin 16.3%
EBITDA · FY 2023
₹262.82 Cr margin 23.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 16%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 160%
3 years · compounded
▲ 99%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 41% growth in the latest year. EBITDA rose 160% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,129.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹262.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹184.15 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.3% | ||||
| Net Profit Margin | 16.3% | ||||
| 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 Corning Technologies India Private Limited, buy the company report.
Board of directors of Corning Technologies India Private Limited
Corning Technologies India has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Narayana Pillai Also directs: Bharat Innovative Glass Technologies Private Limited | Managing Director | 15 May 2020 | 6 Years 5 Months | Current |
| Bhawna Singhal | Whole-Time Director | 24 Sep 2019 | 7 Years 1 Months | Current |
| Subhajit Das | Whole-Time Director | 02 Aug 2019 | 7 Years 2 Months | Current |
| Celal Gokhan Doran | Additional Director | 26 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Corning Technologies India Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | FRN : 304026E/E-300009 |
Shareholding
The shareholding of Corning Technologies 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Corning Technologies India Private Limited, buy the company report.
Deals & funding
Corning Technologies India Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹500.21 Cr; the latest was in July 2014.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹500.21 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2014 | Rights issue | ₹310.9 Cr | Investors: Corning Singapore Holdings Private Limited, Corning Finance B V |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Corning Singapore Holdings Private Limited Seller: Corning Mauritius Limited |
| Feb 2012 | Funding round | ₹397.9 Cr | Investors: Corning Singapore Holdings Private Limited, Corning Mauritius Limited, Corning Finance B V |
| Jun 2010 | Funding round | ₹102.31 Cr | Investors: Corning Mauritius Limited, Corning Finance B V |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Corning Technologies India Private Limited has 6 court cases on record: 4 filed by Corning Technologies India, 2 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Circle 1(1) Gurgaon and Others | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Commissioner of Central Goods and Service Tax and Others | Disposed |
| Supreme Court | Court case | Filed against the company by Union of India | Disposed |
| Supreme Court | Court case (0427-Indirect Taxes Matters : Import/Export Policy) | Filed against the company by Union of India Secretary Udyog Bhawan , District: New Delhi ,New Delhi , Delhi and 2 others | Disposed |
To see the full case history of Corning Technologies India 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
Corning Technologies India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 618 overdue payments to 77 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 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Paramount Food | |||
| Dyna Filters Private Limited | |||
| Schmalz India Private Limited | |||
| Wani Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Corning Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Corning Technologies India Private Limited has a workforce of 411 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
Employee count
411
Active EPFO establishments
1
Employee growth
3.53%
GST
Corning Technologies India has 10 GST registrations: 4 active and 6 cancelled or inactive.
Total GSTINs
10
Active
4
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCC6645D1ZW | Haryana | Active | 01 Jul 2017 |
| 27AADCC6645D1ZS | Maharashtra | Active | 01 Jul 2017 |
| 19AADCC6645D5ZL | West Bengal | Active | 13 Jul 2017 |
| 29AADCC6645D1ZO | Karnataka | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Corning Technologies India Private Limited, buy the company report.
Recent activity
Corning Technologies India Private Limited has 20 board changes on record since 2011: 4 appointments and 16 cessations. The latest: Celal Gokhan Doran was appointed as Additional Director on 26 Aug 2025.
Appointed
Celal Gokhan Doran was appointed as Additional Director.
AGM
Corning Technologies India Private Limited last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records.
Filing
Corning Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Vinay Raja Gopal Gullapudi ceased to be Company Secretary.
Ceased
Claude Arthur Jean Echahamian ceased to be Director.
Ceased
Amit Bansal ceased to be Managing Director.
Appointed
Sudhir Narayana Pillai was appointed as Managing Director.
Ceased
Sudhir Narayana Pillai ceased to be Additional Director.
Appointed
Bhawna Singhal was appointed as Whole-Time Director.
Ceased
Subhajit Das ceased to be Whole-Time Director.
Ceased
Bhawna Singhal ceased to be Additional Director.
Appointed
Subhajit Das was appointed as Whole-Time Director.
11 earlier events are in the company report.
News
Frequently asked questions
Corning Technologies India is an active foreign private limited company based in Gurugram, Haryana, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 02 June 2009 (17+ years old) and is registered under CIN U29292HR2009FTC039165.
Corning Technologies India has 4 current directors:
- Sudhir Narayana Pillai - Managing Director
- Bhawna Singhal - Whole-Time Director
- Subhajit Das - Whole-Time Director
- Celal Gokhan Doran - Additional Director
The latest financial statements of Corning Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Corning Technologies India is 06AADCC6645D1ZW, registered in Haryana. The company has 10 GST registrations in all, of which 4 are active and 6 are cancelled or inactive. Other active GSTINs include 27AADCC6645D1ZS (Maharashtra), 19AADCC6645D5ZL (West Bengal), 29AADCC6645D1ZO (Karnataka).
The CIN (Corporate Identification Number) of Corning Technologies India is U29292HR2009FTC039165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corning Technologies India has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Corning Technologies India was incorporated on 02 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Corning Technologies India has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹500.21 Cr; the latest was in July 2014.
Celal Gokhan Doran was appointed as Additional Director on 26 Aug 2025. Vinay Raja Gopal Gullapudi ceased to be Company Secretary on 08 Aug 2024. Claude Arthur Jean Echahamian ceased to be Director on 28 Jun 2022. Corning Technologies India has 20 board changes on record in total.
Corning Technologies India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 618 overdue payments to 77 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Corning Technologies India can be reached through the website corning.com. Its registered office is in Gurugram, Haryana, India.