About Korals Engineering Solutions Private Limited
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Korals Engineering Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 17 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2013PTC146979. Its GSTIN is 27AAFCK1461M1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Uday Madhusudan Honap and Sheetal Uday Honap.
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 617 Kasba Peth Pune, Maharashtra, India – 411011.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.63 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹20.28 Lakh (net margin 3.6%) and EBITDA of ₹30.08 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Korals Engineering Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website korals.in.
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- Website
- Social Media
- Registered Address617 Kasba Peth Pune, Maharashtra, India – 411011
- IndustryEngineering, Engineering Design & Consultancy, Metal Foundry & Fabrication Services
- 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 of Korals Engineering Solutions Private Limited
The main business activity of Korals Engineering Solutions is construction. In detail, this covers specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction 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 Korals Engineering Solutions Private Limited FY 2025 filings available
Korals Engineering Solutions Private Limited reported revenue of ₹5.63 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Korals Engineering Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 54% growth in the latest year. EBITDA rose 163% 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 Korals Engineering Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹30.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.28 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 Korals Engineering Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Korals Engineering Solutions 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 Korals Engineering Solutions Private Limited
Korals Engineering Solutions Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Engineering Design, Project Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prou India Engineering Private Limited | ₹5.66 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai City Corporation, Tamil Nadu, India |
| Oasisserve Design Services Private Limited | ₹5.66 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Sep Architects Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Enia Design Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Global Brain India Private Limited | ₹5.64 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore North, Karnataka, India |
| Korals Engineering Solutions Private Limited this company | ₹5.63 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Pune, Maharashtra, India |
| Universal Survey and Analysis Services Private Limited | ₹5.63 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Pooja Tools & Equipments Private Limited | ₹5.63 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Ecospace Infrastructures Private Limited | ₹5.63 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Gurgaon, Haryana, India |
| Systrome Technologies Private Limited | ₹5.61 Cr (FY 2024) | •••• | •••• | 213.0% | •••• | Sohna Road, Haryana, India |
| Aartav Engineering Private Limited | ₹5.6 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Gandhinagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Korals Engineering Solutions by revenue in the Infrastructure industry (Engineering Design, Project Management), 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 Korals Engineering Solutions Private Limited
Korals Engineering Solutions Private Limited is audited by V W J & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V W J & 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 Korals Engineering Solutions Private Limited
Korals Engineering Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Madhusudan Honap | Director | 17 Apr 2013 | 13 Years 5 Months | Current |
| Sheetal Uday Honap | Director | 17 Apr 2013 | 13 Years 5 Months | Current |
Ownership and Shareholding of Korals Engineering Solutions 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 Korals Engineering Solutions Private Limited
Korals Engineering Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Korals Engineering Solutions Private Limited
Korals Engineering Solutions operates one associated brand: Korals Engineering Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Civil engineering consultancy, design-build, and project management services in Pune, India. | korals.in |
Employees and EPFO Compliance at Korals Engineering Solutions Private Limited
Korals Engineering Solutions Private Limited has a workforce of 18 employees as of Apr 06, 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 Korals Engineering Solutions Private Limited
Korals Engineering Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Mahesh Purushottam Govardhan ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Korals Engineering Solutions 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 Korals Engineering Solutions 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 Korals Engineering Solutions 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 Korals Engineering Solutions Private Limited
Korals Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK1461M1ZB | Maharashtra | 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 Korals Engineering Solutions 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 Korals Engineering Solutions Private Limited
Korals Engineering Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 17 April 2013 (13+ years old) and is registered under CIN U74900PN2013PTC146979.
Korals Engineering Solutions reported revenue of ₹5.63 Cr for FY 2025 (up 54% YoY).
Korals Engineering Solutions has 2 current directors:
- Uday Madhusudan Honap - Director
- Sheetal Uday Honap - Director
Korals Engineering Solutions reported a net profit of ₹20.28 Lakh (net margin 3.6%) and EBITDA of ₹30.08 Lakh (EBITDA margin 5.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Korals Engineering Solutions is 21% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Korals Engineering Solutions is 27AAFCK1461M1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Korals Engineering Solutions is U74900PN2013PTC146979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korals Engineering Solutions was incorporated on 17 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Korals Engineering Solutions by revenue are Prou India Engineering Private Limited, Oasisserve Design Services Private Limited, Sep Architects Private Limited, Enia Design Private Limited, Global Brain India Private Limited and 5 more, all in the Infrastructure industry (Engineering Design, Project Management).
Mahesh Purushottam Govardhan ceased to be Additional Director on 29 Sep 2018. Sheetal Uday Honap was appointed as Director on 17 Apr 2013. Uday Madhusudan Honap was appointed as Director on 17 Apr 2013.
Korals Engineering Solutions can be reached through the website korals.in. Its registered office is in Pune, Maharashtra, India.