About Cortex Consulting Private Limited
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Cortex Consulting Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74910TN2006PTC058613. Its GSTIN is 33AACCC7651A1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sridharan Suresh and Vengal Lakshmi Narasimhan Sridharan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.21 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹21.66 Lakh (net margin -3%) and EBITDA of -₹13.23 Lakh (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cortex Consulting. As per MCA filings, the company has open charges of ₹1.29 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cortexconsultants.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot 8 9 And 10 Willow Square, 1st Street Thiru VI Ka Nagar Industrial Estate, Chennai, Tamil Nadu, India – 600032
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Cortex Consulting Private Limited
The main business activity of Cortex Consulting is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cortex Consulting Private Limited FY 2024 filings available
Cortex Consulting Private Limited reported revenue of ₹7.21 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cortex Consulting Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 16% growth in the latest year. EBITDA fell 132% 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 of Cortex Consulting Private Limited
| 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 | -₹13.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21.66 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 of Cortex Consulting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cortex Consulting are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cortex Consulting Private Limited
Cortex Consulting Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Heads Global Private Limited | ₹7.22 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Gurgaon, Haryana, India |
| Crown Resource Brigd Solutions Private Limited | ₹7.21 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Spectrum HR Management Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Karnataka, India |
| Manfriday Integrated Services Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| Kraftwood Decor Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Kolkata, West Bengal, India |
| Cortex Consulting Private Limited this company | ₹7.21 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Bizfix Business Solution Private Limited | ₹7.2 Cr (FY 2024) | •••• | •••• | 477.0% | •••• | Nagpur, Maharashtra, India |
| Ravi Security Service Private Limited | ₹7.2 Cr (FY 2022) | •••• | •••• | 6.0% | •••• | Bhopal, Madhya Pradesh, India |
| Joy Techno Services Private Limited | ₹7.2 Cr (FY 2022) | •••• | •••• | 54.0% | •••• | Dharwad, Karnataka, India |
| Coolkaru Private Limited | ₹7.2 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Hyderabad, Telangana, India |
| Turbohire Technologies Private Limited | ₹7.19 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Cortex Consulting by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cortex Consulting Private Limited
Cortex Consulting Private Limited is audited by MANIKANDAN AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANIKANDAN AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cortex Consulting Private Limited
Cortex Consulting has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridharan Suresh | Director | 23 Jan 2006 | 20 Years 8 Months | Current |
| Vengal Lakshmi Narasimhan Sridharan | Director | 23 Jan 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Cortex Consulting Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cortex Consulting Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2016 | Hdfc Bank Limited | ₹1.29 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Cortex Consulting Private Limited
Cortex Consulting operates one associated brand: Cortex Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides offshoring, staffing, and virtual development center services worldwide. | cortexconsultants.com |
Employees and EPFO Compliance at Cortex Consulting Private Limited
Cortex Consulting Private Limited has a workforce of 59 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cortex Consulting Private Limited
Cortex Consulting Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Sridharan Suresh was appointed as Director on 23 Jan 2006.
Credit Ratings, Litigation & Regulatory Alerts for Cortex Consulting Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cortex Consulting Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cortex Consulting Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cortex Consulting Private Limited
Cortex Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCC7651A1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cortex Consulting Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cortex Consulting Private Limited
Cortex Consulting is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 January 2006 (20+ years old) and is registered under CIN U74910TN2006PTC058613.
Cortex Consulting reported revenue of ₹7.21 Cr for FY 2024 (up 16% YoY).
Cortex Consulting has 2 current directors:
- Sridharan Suresh - Director
- Vengal Lakshmi Narasimhan Sridharan - Director
Cortex Consulting reported a net loss of ₹21.66 Lakh (net margin -3%) and EBITDA of -₹13.23 Lakh (EBITDA margin -1.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cortex Consulting is 6% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cortex Consulting is 33AACCC7651A1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Cortex Consulting is U74910TN2006PTC058613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cortex Consulting was incorporated on 23 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Cortex Consulting by revenue are Heads Global Private Limited, Crown Resource Brigd Solutions Private Limited, Spectrum HR Management Private Limited, Manfriday Integrated Services Private Limited, Kraftwood Decor Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Sridharan Suresh was appointed as Director on 23 Jan 2006. Vengal Lakshmi Narasimhan Sridharan was appointed as Director on 23 Jan 2006.
Cortex Consulting can be reached through the website cortexconsultants.com. Its registered office is in Chennai, Tamil Nadu, India.