Corob India Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29290MH1998PTC113726 Incorporated 25 February 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME
Data last updated
Revenue · FY 2025
₹325.74 Cr
▼ 1% YoY
Net profit · FY 2025
₹30.08 Cr
Net margin 9.2%
EBITDA · FY 2025
₹45.13 Cr
EBITDA margin 13.9%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹33.23 Cr
Issued & subscribed
Open charges
₹2.1 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Employees · EPFO
300
Provident fund records

About Corob India Private Limited

Data last updated:

Corob India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Corob S.P.A. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 25 February 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1998PTC113726. Its GSTIN is 27AAACC8387P2ZU (Maharashtra). The company holds 7 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹33.23 Cr. It was formerly known as Cps Color India Private Limited. It is led by directors Nasser Arivoli (Managing Director) and Manoj Kamalakar Patil.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹325.74 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹30.08 Cr (net margin 9.2%) and EBITDA of ₹45.13 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.

The company has about 300 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: COROB. As per MCA filings, the company has open charges of ₹2.1 Cr on record. Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹42.21 Cr; the latest was in March 2017. The company has 21 MSME Form 1 returns on record between 2018 and 2024, listing 4,145 overdue payments to 91 micro and small suppliers.

Corob India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0000475). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corob.com.

Company details

CIN U29290MH1998PTC113726
Registration Number 113726
Incorporation Date 25 February 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Corob S.P.A
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0000475

Recognitions & Rankings of Corob India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0000475

Contact details

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

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    502 & 503 Kohinoor City Wing A Office Area Industrial Estate And Premises Cooperative Society Ltd., Wing B 5th Floor Kirol Road Off Lbs Marg, Mumbai, Maharashtra, India – 400070
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment

To see the full contact details of Corob India Private Limited, buy the company report.

Comprehensive company report
Corob 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Corob India operates one associated brand: COROB. Each brand links to its own profile.

BrandDescriptionWebsite
Tinting equipment for paints and coatings is supplied by COROB.corob.com

Business activity

The main business activities of Corob India are manufacturing, trade and support service to organizations. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, retail trading and other support services to organizations. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities
GTradeG2Retail Trading
NSupport service to OrganizationsN7Other support services to organizations

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

Financials of Corob India Private Limited

FY 2025 filings available

Corob India Private Limited reported revenue of ₹325.74 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹325.74 Cr ▼ 1%
Net profit · FY 2025
₹30.08 Cr margin 9.2%
EBITDA · FY 2025
₹45.13 Cr margin 13.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 7%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 5%
5 years · compounded
▲ 3%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 26% 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₹45.13 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30.08 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 Margin13.9%
Net Profit Margin9.2%
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 Corob India Private Limited, buy the company report.

Board of directors of Corob India Private Limited

Corob India has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj Kamalakar PatilDirector18 Sep 20188 Years 1 MonthsCurrent
Nasser ArivoliManaging Director22 Oct 201214 Years 0 MonthsCurrent

Auditor

Corob India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2022117366W/W-100018

Shareholding

The shareholding of Corob 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 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Corob India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Citibank₹2.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 May 200190146192Citibank₹2.1 CrOpen

Total charge records: 1 View all charges

Deals & funding

Corob India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹42.21 Cr; the latest was in March 2017.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹42.21 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedSeller: an individual
Mar 2014Secondary share transferUndisclosedBuyer: CPS Color Equpment BV, an individual
Seller: CPS Machine Group Oy Finland, an individual
Nov 2011Funding round₹42.21 CrInvestors: an individual

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

MSME payment delays

Corob India Private Limited has 21 MSME Form 1 returns on record between 2018 and 2024, listing 4,145 overdue payments to 91 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 91)

SupplierAmount dueDue sinceReported on
an individual supplier
Xcel Office Equipment India Private Limited
GWS Engineers & Fabricators Pvt Ltd
an individual supplier
an individual supplier

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

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Corob India Private Limited has a workforce of 300 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
300
Active EPFO establishments
1
Employee growth
1.01%

GST

Corob India has 7 GST registrations: 4 active and 3 cancelled or inactive.

Total GSTINs
7
Active
4
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACC8387P2ZUMaharashtraActive07 Jul 2017
27AAACC8387P3ZTMaharashtraActive26 Jul 2018
26AAACC8387P1ZXDaman & DiuActive01 Aug 2020
24AAACC8387P1Z1GujaratActive02 Dec 2022

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

Recent activity

Corob India Private Limited has 16 board changes on record since 2008: 2 appointments and 14 cessations. The latest: Alberto Prono ceased to be Director on 13 Nov 2019.

AGM
Corob India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Corob India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Alberto Prono ceased to be Director.
Ceased
Francesca Paludetti ceased to be Director.
Ceased
Manoj Kamalakar Patil ceased to be Additional Director.
Appointed
Manoj Kamalakar Patil was appointed as Director.
Ceased
Kaj Johan Herman Brandt ceased to be Director.
Ceased
Oili Marketta Mannisto ceased to be Additional Director.
Ceased
Timo Tapani Linna ceased to be Director.
Ceased
Nils Henrik Lif ceased to be Director.
Appointed
Nasser Arivoli was appointed as Managing Director.
Ceased
Rajashekar Venkatachalam Katavallur ceased to be Managing Director.

8 earlier events are in the company report.

Frequently asked questions

Corob India is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 25 February 1998 (28+ years old) and is registered under CIN U29290MH1998PTC113726.

Corob India has 2 current directors:

The latest financial statements of Corob India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Corob India is 27AAACC8387P2ZU, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACC8387P3ZT (Maharashtra), 26AAACC8387P1ZX (Daman & Diu), 24AAACC8387P1Z1 (Gujarat).

The CIN (Corporate Identification Number) of Corob India is U29290MH1998PTC113726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Corob India has 17 court cases on record: 7 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.

Corob India was incorporated on 25 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Corob India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹42.21 Cr; the latest was in March 2017.

Alberto Prono ceased to be Director on 13 Nov 2019. Francesca Paludetti ceased to be Director on 22 Feb 2019. Manoj Kamalakar Patil ceased to be Additional Director on 28 Sep 2018. Corob India has 16 board changes on record in total.

Yes, Corob India is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0000475).

Corob India has 21 MSME Form 1 returns on record between 2018 and 2024, listing 4,145 overdue payments to 91 micro and small suppliers. The latest return was filed on 01 May 2024.