Coromandel Eservices Limited

Coromandel Eservices Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2011PLC083316 Incorporated 28 November 2011 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Public Limited Company business outsourcing
Revenue · FY 2025
₹17.74 Cr
▼ 15% YoY
Net loss · FY 2025
₹7.91 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹1.7 Cr
EBITDA margin 9.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
84
Provident fund records
Directors on board
3
As per MCA filings

About Coromandel Eservices Limited

Data last updated:

Coromandel Eservices Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Coromandel Infotech India Limited. It operates in the business process outsourcing sector. It was incorporated on 28 November 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2011PLC083316. Its GSTIN is 33AAECC6216F2Z2 (Tamil Nadu).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Srinivasulu and Gopinath.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dhunbuilding No.827 Annasalai, Chennai, Tamil Nadu, India – 600002.

As per the financials filed for FY 2025, the company reported a revenue of ₹17.74 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹7.91 Lakh (net margin -0.4%) and EBITDA of ₹1.7 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 38% over five years.

The company has about 84 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Coromandel Infotech.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900TN2011PLC083316
Registration Number 083316
Incorporation Date 28 November 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Parent Company Coromandel Infotech India Limited
Compliance Status Active Compliant

Contact details

Coromandel Eservices Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Dhunbuilding No.827 Annasalai, Chennai, Tamil Nadu, India – 600002
  • Industry
    Business Outsourcing, Business Process Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Coromandel Eservices Limited, buy the company report.

Comprehensive company report
Coromandel Eservices 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

Coromandel Eservices operates one associated brand: Coromandel Infotech. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive IT outsourcing services for various industries.c2il.com

Business activity

The main business activity of Coromandel Eservices is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Coromandel Eservices Limited, buy the company report.

Financials of Coromandel Eservices Limited

FY 2025 filings available

Coromandel Eservices Limited reported revenue of ₹17.74 Cr (down 15% YoY) for FY 2025.

Revenue · FY 2025
₹17.74 Cr ▼ 15%
Net loss · FY 2025
₹7.91 Lakh margin -0.4%
EBITDA · FY 2025
₹1.7 Cr margin 9.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 27%
5 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 12%
5 years · compounded
▲ 37%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 1% 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₹1.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.91 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.6%
Net Profit Margin-0.4%
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 Coromandel Eservices Limited, buy the company report.

Board of directors of Coromandel Eservices Limited

Coromandel Eservices has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
SrinivasuluDirector19 Nov 20241 Years 11 MonthsCurrent
GopinathDirector19 Nov 20241 Years 11 MonthsCurrent
KrishnanDirector19 Nov 20241 Years 11 MonthsCurrent

Peer comparison

Coromandel Eservices Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Coromandel Eservices Limitedthis company₹17.74 Cr (FY 2025)-₹7.91 Lakh-0.4%-15.0%84Chennai, Tamil Nadu, India
Adarsh Solutions Private Limited₹17.71 Cr (FY 2025)34.0%Bangalore, Karnataka, India
Royal Softech India Private Limited₹17.7 Cr (FY 2025)-20.0%Haryana, India
Acreaty Management Consultant Private Limited₹17.69 Cr (FY 2024)15.0%New Delhi, Delhi, India

To see the full peer comparison of Coromandel Eservices Limited, buy the company report.

Auditor

Coromandel Eservices Limited is audited by BRAHMAYYA & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
BRAHMAYYA & COFY 2021000511S

Shareholding

The shareholding of Coromandel Eservices Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Coromandel Eservices Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Coromandel Eservices Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Coromandel Eservices Limited has a workforce of 84 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
84
Active EPFO establishments
1
Employee growth
-2.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2784
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Coromandel Eservices Limited, buy the company report.

GST

Coromandel Eservices has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECC6216F2Z2Tamil NaduActive27 Jul 2017

To see the full GST registrations and return filing status of Coromandel Eservices Limited, buy the company report.

Recent activity

Coromandel Eservices Limited has 12 board changes on record since 2014: 3 appointments and 9 cessations. The latest: Gopinath ceased to be Additional Director on 29 Sep 2025.

AGM
Coromandel Eservices Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Gopinath ceased to be Additional Director.
Ceased
Krishnan ceased to be Additional Director.
Ceased
Srinivasulu ceased to be Additional Director.
Filing
Coromandel Eservices Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Gopinath was appointed as Director.
Appointed
Krishnan was appointed as Director.
Appointed
Srinivasulu was appointed as Director.
Ceased
Ganesan Anandanarayanan ceased to be Additional Director.
Ceased
Rakesh Singh ceased to be Additional Director.
Ceased
Mohan Veppur Margabandhu ceased to be Director.
Ceased
Raghupathy ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Coromandel Eservices is an active public limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 28 November 2011 (15+ years old) and is registered under CIN U72900TN2011PLC083316.

Coromandel Eservices has 3 current directors:

The latest financial statements of Coromandel Eservices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Coromandel Eservices is 33AAECC6216F2Z2, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Coromandel Eservices is U72900TN2011PLC083316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Coromandel Eservices was incorporated on 28 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Coromandel Eservices by revenue are Adarsh Solutions Private Limited, Royal Softech India Private Limited, Acreaty Management Consultant Private Limited, all in the Outsourcing industry (Diversified BPO, HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Gopinath ceased to be Additional Director on 29 Sep 2025. Krishnan ceased to be Additional Director on 29 Sep 2025. Srinivasulu ceased to be Additional Director on 29 Sep 2025. Coromandel Eservices has 12 board changes on record in total.

The registered office of Coromandel Eservices is at Dhunbuilding No.827 Annasalai, Chennai, Tamil Nadu, India – 600002.

Coromandel Eservices operates in the business outsourcing industry, in the business process outsourcing segment.

The compliance status of Coromandel Eservices is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.