About Crescon Projects and Services Private Limited
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Crescon Projects and Services Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 24 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U45303TZ2011PTC017627. Its GSTIN is 33AAECC6175F1ZT (Tamil Nadu). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Prasath Veluswami and Vaikunta Ramasubramanian.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 45 Y Ramnagar 1 Street Kutchery Medu St Gobichetty Palayam, Erode, Tamil Nadu, India – 638476.
As per the financials filed for FY 2025, the company reported a revenue of ₹558.07 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹27.72 Cr (net margin 5%) and EBITDA of ₹44.56 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 32% over five years.
The company has about 1,846 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹257.99 Cr and satisfied charges of ₹30.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cresconprojects.com.
Company details
Contact details
Crescon Projects and Services Private Limited's registered office is in Erode, Tamil Nadu. Its website is cresconprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address45 Y Ramnagar 1 Street Kutchery Medu St Gobichetty Palayam, Erode, Tamil Nadu, India – 638476
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Crescon Projects and Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Crescon Projects and Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Crescon Projects and Services Private Limited, buy the company report.
Financials of Crescon Projects and Services Private Limited
FY 2024 filings availableCrescon Projects and Services Private Limited reported revenue of ₹558.07 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 10% growth in the latest year. EBITDA rose 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹44.56 Cr | ||||
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| Net Profit (PAT) | ₹27.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Crescon Projects and Services Private Limited, buy the company report.
Board of directors of Crescon Projects and Services Private Limited
Crescon Projects and Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasath Veluswami | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
| Vaikunta Ramasubramanian Also directs: Vegolution India Private Limited | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Crescon Projects and Services Private Limited is audited by VINODH & MUTHU for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINODH & MUTHU | FY 2024 | 015928S |
Shareholding
The shareholding of Crescon Projects and Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Crescon Projects and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2024 | 100972167 | Others | ₹74.5 Cr | Open | |
| 27 Nov 2023 | 100850402 | Axis Bank Limited | ₹13.1 Cr | Open | |
| 09 May 2022 | 100571441 | Axis Bank Limited | ₹125 Cr | Open | |
| 30 Sep 2020 | 100381638 | Axis Bank Limited | ₹83 Lakh | Open | |
| 27 Dec 2019 | 100312550 | Axis Bank Limited | ₹56 Lakh | Open |
To see the full charge records of Crescon Projects and Services Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Crescon Projects and Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S Flaktgroup India Pvt Ltd | Disposed |
To see the full case history of Crescon Projects and Services 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.
Credit ratings & regulatory alerts
Crescon Projects and Services Private Limited was last rated by Crisil on 02 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Sep 2020 |
To see the full credit ratings and regulatory alerts of Crescon Projects and Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Crescon Projects and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Crescon Projects and Services Private Limited has a workforce of 1,846 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Crescon Projects and Services has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECC6175F1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 07AAECC6175F1ZO | Delhi | Active | 06 Sep 2023 |
| 29AAECC6175F1ZI | Karnataka | Active | 14 Feb 2024 |
| 27AAECC6175F2ZL | Maharashtra | Active | 11 Jul 2024 |
To see the full GST registrations and return filing status of Crescon Projects and Services Private Limited, buy the company report.
Recent activity
Crescon Projects and Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Prasath Veluswami was appointed as Director on 24 Nov 2011.
7 earlier events are in the company report.
Frequently asked questions
Crescon Projects and Services is an active private limited company based in Erode, Tamil Nadu, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 24 November 2011 (15+ years old) and is registered under CIN U45303TZ2011PTC017627.
Crescon Projects and Services has 2 current directors:
- Prasath Veluswami - Director
- Vaikunta Ramasubramanian - Director
The latest financial statements of Crescon Projects and Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Crescon Projects and Services is 33AAECC6175F1ZT, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAECC6175F1ZO (Delhi), 29AAECC6175F1ZI (Karnataka), 27AAECC6175F2ZL (Maharashtra).
The CIN (Corporate Identification Number) of Crescon Projects and Services is U45303TZ2011PTC017627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crescon Projects and Services has 1 court case on record: 1 filed against it.
Crescon Projects and Services was incorporated on 24 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
Prasath Veluswami was appointed as Director on 24 Nov 2011. Vaikunta Ramasubramanian was appointed as Director on 24 Nov 2011.
Crescon Projects and Services can be reached through the website cresconprojects.com. Its registered office is in Erode, Tamil Nadu, India.
The registered office of Crescon Projects and Services is at 45 Y Ramnagar 1 Street Kutchery Medu St Gobichetty Palayam, Erode, Tamil Nadu, India – 638476.