MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0226244
Korindo Plywood Private Limited - trading in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.59 Cr
▼ 10% YoY
Net profit · FY 2025
₹32.11 Lakh
Net margin 4.9%
EBITDA · FY 2025
₹55 Lakh
EBITDA margin 8.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹4.4 Cr
Satisfied ₹1.33 Cr
Company age
39 yrs
Est. 1987
Directors on board
2
As per MCA filings
About Korindo Plywood Private Limited
Data last updated:
Korindo Plywood Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 07 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1987PTC044010. Its GSTIN is 27AAACS6249Q1ZO (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Babita Mukesh Agarwal and Mukesh Kumar Banwarilal Agarwal.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hoseno304 Surveyno.84 Chamundacomplex Villagemankoli Talukabhiwandi, Thane, Maharashtra, India – 421305.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.59 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹32.11 Lakh (net margin 4.9%) and EBITDA of ₹55 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹4.4 Cr and satisfied charges of ₹1.33 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
Korindo Plywood Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0226244). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website korindoply.in.
Company details
CIN U51100MH1987PTC044010
Registration Number 044010
Incorporation Date 07 July 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0226244
CIN history
Korindo Plywood has one previous CIN (Corporate Identification Number): U17110MH1987PTC044010. The current CIN is U51100MH1987PTC044010, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH1987PTC044010 | Current |
| U17110MH1987PTC044010 | Previous |
Recognitions & Rankings of Korindo Plywood
Contact details
Korindo Plywood Private Limited's registered office is in Thane, Maharashtra. Its website is korindoply.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHoseno304 Surveyno.84 Chamundacomplex Villagemankoli Talukabhiwandi, Thane, Maharashtra, India – 421305
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Korindo Plywood Private Limited, buy the company report.
Comprehensive company report
Korindo Plywood 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 Korindo Plywood is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Korindo Plywood Private Limited, buy the company report.
Financials of Korindo Plywood Private Limited
FY 2025 filings availableKorindo Plywood Private Limited reported revenue of ₹6.59 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹6.59 Cr ▼ 10%
Net profit · FY 2025
₹32.11 Lakh margin 4.9%
EBITDA · FY 2025
₹55 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 17%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 28%
5 years · compounded
▲ 5%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 21% 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 |
|---|---|---|---|---|---|
| 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 | ₹55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.11 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| 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 Korindo Plywood Private Limited, buy the company report.
Board of directors of Korindo Plywood Private Limited
Korindo Plywood has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babita Mukesh Agarwal | Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Mukesh Kumar Banwarilal Agarwal | Director | 22 Dec 2006 | 19 Years 10 Months | Current |
Peer comparison
Korindo Plywood Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M.S.Intropower Private Limited | ₹6.59 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Rangvarsha Sarees Pvt. Ltd. | ₹6.59 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Vedant Automotives Pvt Ltd | ₹6.59 Cr (FY 2025) | -6.0% | Howrah, West Bengal, India | |||
| Ab Rai Financial Services Private Limited | ₹6.59 Cr (FY 2025) | -74.0% | Seoni, Madhya Pradesh, India | |||
| Finair Airconditioning Private Limited | ₹6.59 Cr (FY 2025) | -7.0% | Ahmedabad, Gujarat, India | |||
| Korindo Plywood Private Limitedthis company | ₹6.59 Cr (FY 2025) | ₹32.11 Lakh | 4.9% | -10.0% | Thane, Maharashtra, India | |
| Josco Jewellers Private Limited | ₹6.58 Cr (FY 2025) | -54.0% | Kottayam, Kerala, India | |||
| Binbay Recycling Private Limited | ₹6.58 Cr (FY 2025) | 2774.0% | Vasai East Palghar, Maharashtra, India | |||
| TMB Shipping Private Limited | ₹6.58 Cr (FY 2025) | 139.0% | Kolkata, West Bengal, India | |||
| Dhiraj Petrochemical and Gas Private Limited | ₹6.58 Cr (FY 2022) | 33.0% | Pune, Maharashtra, India | |||
| Balgopal Metals Private Limited | ₹6.58 Cr (FY 2019) | 12.0% | Rudrapur, Uttarakhand, India |
To see the full peer comparison of Korindo Plywood Private Limited, buy the company report.
Auditor
Korindo Plywood Private Limited is audited by SHRAWAN AGARWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRAWAN AGARWAL & CO | FY 2023 | 110173W |
Shareholding
The shareholding of Korindo Plywood Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Korindo Plywood Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.4 Cr
Satisfied charges
₹1.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2011 | 10306145 | Bank of India | ₹2.3 Cr | Open | |
| 05 Apr 2006 | 10003018 | Bank of India | ₹2.1 Cr | Open | |
| 17 Jul 2007 | 10060491 | The North Kanara G.S.B.Co-Op. Bank Ltd. | ₹52.5 Lakh | Satisfied | |
| 09 Jan 2001 | 90150853 | Bank of India | ₹50 Lakh | Satisfied | |
| 30 Dec 1987 | 90150104 | Indian Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Korindo Plywood Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Korindo Plywood Private Limited has 4 court cases on record: 3 filed by Korindo Plywood, 1 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against individuals | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Korindo Plywood 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Korindo Plywood Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Korindo Plywood has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6249Q1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Korindo Plywood Private Limited, buy the company report.
Recent activity
Korindo Plywood Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Aman Agarwal ceased to be Director on 28 Jul 2022.
AGM
Korindo Plywood Private Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Filing
Korindo Plywood Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Aman Agarwal ceased to be Director.
Charges
A charge with Bank Of India of Rs. 230.00 Lakh registered on 12 Aug 2011 with Charge ID 10306145 was modified on 24 May 2017.
Charges
A charge with Bank Of India of Rs. 210.00 Lakh registered on 05 Apr 2006 with Charge ID 10003018 was modified on 30 Apr 2013.
Charges
A charge with Bank Of India amounted to Rs. 230.00 Lakh with Charge ID 10306145 was registered on 12 Aug 2011.
Charges
A charge registered on 17 Jul 2007 via Charge ID 10060491 with The North Kanara G.S.B.Co-Op. Bank Ltd. was fully satisfied on 10 Aug 2011.
Ceased
Anujkumar Shyamlal Agarwal ceased to be Director.
Ceased
Himanshu Rajendra Agarwal ceased to be Director.
Appointed
Babita Mukesh Agarwal was appointed as Director.
Charges
A charge registered on 09 Jan 2001 via Charge ID 90150853 with Bank Of India was fully satisfied on 28 Jan 2010.
Charges
A charge registered on 30 Dec 1987 via Charge ID 90150104 with Indian Bank was fully satisfied on 24 Dec 2009.
7 earlier events are in the company report.
Frequently asked questions
Korindo Plywood is an active private limited company based in Thane, Maharashtra, India. The company works in retailers, within the trading industry. It was incorporated on 07 July 1987 (39+ years old) and is registered under CIN U51100MH1987PTC044010.
Korindo Plywood has 2 current directors:
- Babita Mukesh Agarwal - Director
- Mukesh Kumar Banwarilal Agarwal - Director
The latest financial statements of Korindo Plywood on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Korindo Plywood is 27AAACS6249Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Korindo Plywood is U51100MH1987PTC044010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korindo Plywood has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Korindo Plywood was incorporated on 07 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Korindo Plywood by revenue are M.S.Intropower Private Limited, Rangvarsha Sarees Pvt. Ltd, Vedant Automotives Pvt Ltd, Ab Rai Financial Services Private Limited, Finair Airconditioning Private Limited and 5 more, all in the same principal business activity (retail trading).
Aman Agarwal ceased to be Director on 28 Jul 2022. Anujkumar Shyamlal Agarwal ceased to be Director on 12 Apr 2010. Himanshu Rajendra Agarwal ceased to be Director on 12 Apr 2010. Korindo Plywood has 5 board changes on record in total.
Yes, Korindo Plywood is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0226244).
Korindo Plywood can be reached through the website korindoply.in. Its registered office is in Thane, Maharashtra, India.
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