Korus Tradeco India Private Limited
About Korus Tradeco India Private Limited
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Korus Tradeco India Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U51909UP2011PTC045853. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors Vinod Kumar Devrani and Arun Thaman.
Its last annual general meeting (AGM) was held on 24 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at C – 62 Sector – 63, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2016, the company reported a revenue of ₹15.63 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.63 Lakh (net margin 0.4%) and EBITDA of ₹1.02 Cr (EBITDA margin 6.5%).
As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Korus Tradeco India Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressC – 62 Sector – 63, Noida, Uttar Pradesh, India – 201301
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Korus Tradeco India 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
Financials of Korus Tradeco India Private Limited
FY 2016 filings availableKorus Tradeco India Private Limited reported revenue of ₹15.63 Cr (up 3% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹15.63 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.02 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹5.63 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.5% | |
| Net Profit Margin | 0.4% | |
| 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 Korus Tradeco India Private Limited, buy the company report.
Board of directors of Korus Tradeco India Private Limited
Korus Tradeco India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kumar Devrani | Director | 25 Jul 2011 | 15 Years 3 Months | Current |
| Arun Thaman | Director | 29 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Korus Tradeco India Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobocor Trading Private Limited | ₹15.73 Cr (FY 2024) | 38.0% | Delhi, India | |||
| Shri Balaji Multi Designs Private Limited | ₹15.7 Cr (FY 2025) | 20.0% | Ludhiana, Punjab, India | |||
| E Shop Marketing Private Limited | ₹15.68 Cr (FY 2025) | 27.0% | Thiruvananthapuram, Kerala, India | |||
| Sun Lucius Private Limited | ₹15.65 Cr (FY 2025) | 48.0% | New Delhi, Delhi, India | |||
| Voic Networks Private Limited | ₹15.64 Cr (FY 2025) | 41.0% | New Delhi, Delhi, India | |||
| Korus Tradeco India Private Limitedthis company | ₹15.63 Cr (FY 2016) | ₹5.63 Lakh | 0.4% | 3.0% | Noida, Uttar Pradesh, India | |
| Infotel Telecom Infrastructure Private Limited | ₹15.59 Cr (FY 2025) | 283.0% | New Delhi, Delhi, India | |||
| SLN Electricals & Saran Insulators Private Limited | ₹15.59 Cr (FY 2025) | 149.0% | Tumkur, Karnataka, India | |||
| Eroberer Private Limited | ₹15.59 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Care and Care Services Private Limited | ₹15.58 Cr (FY 2024) | 12.0% | Allahabad, Uttar Pradesh, India | |||
| Kaizen Integrated Solutions Private Limited | ₹15.57 Cr (FY 2025) | -83.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Korus Tradeco India Private Limited, buy the company report.
Auditor
Korus Tradeco India Private Limited is audited by KOTHARI KULDEEP & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTHARI KULDEEP & CO | FY 2016 | 015960C |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2011 | 10304544 | Bank of India | ₹6 Cr | Open |
To see the full charge records of Korus Tradeco India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Korus Tradeco India 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, Central, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Korus Tradeco India 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 Korus Tradeco India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Korus Tradeco India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Korus Tradeco India Private Limited, buy the company report.
Recent activity
Korus Tradeco India Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Sunita Pandey ceased to be Director on 30 Mar 2016.
Frequently asked questions
Korus Tradeco India is an active private limited company based in Noida, Uttar Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 July 2011 (15+ years old) and is registered under CIN U51909UP2011PTC045853.
Korus Tradeco India has 2 current directors:
- Vinod Kumar Devrani - Director
- Arun Thaman - Director
The latest financial statements of Korus Tradeco India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 24 September 2016. Year-wise statements from 2015 are in the company report.
No. Korus Tradeco India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Korus Tradeco India is U51909UP2011PTC045853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korus Tradeco India has 1 court case on record: 1 filed against it.
Korus Tradeco India was incorporated on 25 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Korus Tradeco India by revenue are Mobocor Trading Private Limited, Shri Balaji Multi Designs Private Limited, E Shop Marketing Private Limited, Sun Lucius Private Limited, Voic Networks Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Sunita Pandey ceased to be Director on 30 Mar 2016. Arun Thaman was appointed as Director on 29 Jan 2016. Arun Thaman ceased to be Director on 31 Mar 2015. Korus Tradeco India has 5 board changes on record in total.
The registered office of Korus Tradeco India is at C – 62 Sector – 63, Noida, Uttar Pradesh, India – 201301.
Korus Tradeco India operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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