MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0028488
Corrox Remedies Private Limited - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.15 Cr
▼ 28% YoY
Net profit · FY 2024
₹50 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹99.08 Lakh
EBITDA margin 9.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
19
Provident fund records
About Corrox Remedies Private Limited
Data last updated:
Corrox Remedies Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2015PTC269175. Its GSTIN is 27AAGCC2114A1ZF (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Rajesh Ashokrao Wagh and Praveen Bhaskar Deshmukh.
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 Plot No8 Sr No 966/1/12 B/H Sapna Cinema Cidco Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.15 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹50 Lakh (net margin 4.9%) and EBITDA of ₹99.08 Lakh (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record.
Corrox Remedies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0028488). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corrox.in.
Company details
CIN U29253MH2015PTC269175
Registration Number 269175
Incorporation Date 12 October 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0028488
Key People
Rajesh Ashokrao Wagh Director Praveen Bhaskar Deshmukh Director Snehal Prashant Rote Director Recognitions & Rankings of Corrox Remedies
Contact details
Corrox Remedies Private Limited's registered office is in Nashik, Maharashtra. Its website is corrox.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No8 Sr No 966/1/12 B/H Sapna Cinema Cidco Nashik, Maharashtra, India – 422009
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Corrox Remedies Private Limited, buy the company report.
Comprehensive company report
Corrox Remedies 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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Business activity
The main business activity of Corrox Remedies is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Corrox Remedies Private Limited, buy the company report.
Financials of Corrox Remedies Private Limited
FY 2025 filings availableCorrox Remedies Private Limited reported revenue of ₹10.15 Cr (down 28% YoY) for FY 2024.
Revenue · FY 2024
₹10.15 Cr ▼ 28%
Net profit · FY 2024
₹50 Lakh margin 4.9%
EBITDA · FY 2024
₹99.08 Lakh margin 9.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 26%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 34%
5 years · compounded
▲ 37%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹99.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Corrox Remedies Private Limited, buy the company report.
Board of directors of Corrox Remedies Private Limited
Corrox Remedies has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ashokrao Wagh | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Praveen Bhaskar Deshmukh | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Snehal Prashant Rote | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
| Onkar Pandit Rote | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
| Prashant Onkar Rote | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Corrox Remedies Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bioflow Industries Private Limited | ₹10.16 Cr (FY 2025) | 29.0% | Delhi, India | |||
| Corrox Remedies Private Limitedthis company | ₹10.15 Cr (FY 2024) | ₹50 Lakh | 4.9% | -28.0% | 19 | Nashik, Maharashtra, India |
| Brush India Mfg Private Limited | ₹10.13 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Schematic Systems Private Limited | ₹10.13 Cr (FY 2024) | -19.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Corrox Remedies Private Limited, buy the company report.
Auditor
Corrox Remedies Private Limited is audited by S D CHHAJED & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D CHHAJED & CO | FY 2022 | 101803W |
Shareholding
The shareholding of Corrox Remedies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Corrox Remedies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jun 2020 | 100344619 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Corrox Remedies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Corrox Remedies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Corrox Remedies Private Limited has a workforce of 19 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
5.56%
GST
Corrox Remedies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC2114A1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Corrox Remedies Private Limited, buy the company report.
Recent activity
Corrox Remedies Private Limited has 7 board changes on record since 2015: 5 appointments and 2 cessations. The latest: Praveen Bhaskar Deshmukh ceased to be Additional Director on 28 Sep 2018.
AGM
Corrox Remedies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Corrox Remedies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100344619 was registered on 02 Jun 2020.
Ceased
Praveen Bhaskar Deshmukh ceased to be Additional Director.
Ceased
Rajesh Ashokrao Wagh ceased to be Additional Director.
Appointed
Praveen Bhaskar Deshmukh was appointed as Director.
Appointed
Rajesh Ashokrao Wagh was appointed as Director.
Appointed
Onkar Pandit Rote was appointed as Director.
Appointed
Prashant Onkar Rote was appointed as Director.
Appointed
Snehal Prashant Rote was appointed as Director.
Incorporation
12 Oct 2015
Corrox Remedies Private Limited was registered on 12 Oct 2015 with Roc Mumbai Ii & aged 11 years 21 days as per MCA records.
Frequently asked questions
Corrox Remedies is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 October 2015 (11+ years old) and is registered under CIN U29253MH2015PTC269175.
Corrox Remedies has 5 current directors:
- Rajesh Ashokrao Wagh - Director
- Praveen Bhaskar Deshmukh - Director
- Snehal Prashant Rote - Director
- Onkar Pandit Rote - Director
- Prashant Onkar Rote - Director
The latest financial statements of Corrox Remedies 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 FY 2016 are in the company report.
The GSTIN of Corrox Remedies is 27AAGCC2114A1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Corrox Remedies is U29253MH2015PTC269175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corrox Remedies was incorporated on 12 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Corrox Remedies by revenue are Bioflow Industries Private Limited, Brush India Mfg Private Limited, Schematic Systems Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Praveen Bhaskar Deshmukh ceased to be Additional Director on 28 Sep 2018. Rajesh Ashokrao Wagh ceased to be Additional Director on 28 Sep 2018. Praveen Bhaskar Deshmukh was appointed as Director on 07 Dec 2017. Corrox Remedies has 7 board changes on record in total.
Yes, Corrox Remedies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0028488).
Corrox Remedies can be reached through the website corrox.in. Its registered office is in Nashik, Maharashtra, India.
The registered office of Corrox Remedies is at Plot No8 Sr No 966112 BH Sapna Cinema Cidco Nashik, Maharashtra, India – 422009.
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