Core Energy Systems Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 2.44 Cr
- Company Age 20 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 155.72 Cr
- Satisfied Charges ₹ 58.63 Cr
- Revenue Growth 72.39%
- Profit Growth 36.79%
- Ebitda -17.26%
- Net Worth 6.86%
- Total Assets 75.47%
About Core Energy Systems
Core Energy Systems Limited (CESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 June 2004 and has a history of 20 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 2.44 Cr.
The company currently has active open charges totaling ₹155.72 Cr. The company has closed loans amounting to ₹58.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Core Energy Systems Limited India are Ayushi Sharma as COMPANY SECRETARY and Sunayana Basarkar as Cfo. Yakub Bhetasiwala, Nagesh Basarkar, Sunayana Basarkar, and Five other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29120MH2004PLC146779
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Company No.
146779
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
04 Jun 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Core Energy Systems Limited offer?
Core Energy Systems Limited offers a wide range of products and services, including Graphic Design & Animation Services, Designing Services, Industrial Pipe & Tube Fittings, Gas Pipe Fittings, Electric Circuit Components & Spares, Electronic Filters, Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables, Computer and Mobile Softwares & Apps, Asset Management Software.
Who are the key members and board of directors at Core Energy Systems?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagesh Basarkar
|
Managing Director | 04-Jun-2004 | Current |
| Ayushi Sharma | Company Secretary | 01-Sep-2023 | Current |
| Sunayana Basarkar | CFO | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Yakub Bhetasiwala
|
Director | Current | |
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Sunayana Basarkar
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Whole-Time Director | 04-Jun-2004 | Current |
Paresh Mahadik
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Director | 07-Dec-2018 | Current |
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Priyesh Somaiya
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Director | Current | |
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Sriram Iyer
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Director | 31-Dec-2020 | Current |
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Tarakad Ramanathan
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Whole-Time Director | 01-Jul-2020 | Current |
Financial Performance of Core Energy Systems.
Core Energy Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.39% increase. The company also saw a substantial improvement in profitability, with a 36.79% increase in profit. The company's net worth moved up by a moderate rise of 6.86%.
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What is the Ownership and Shareholding Structure of Core Energy Systems?
In 2023, Core Energy Systems had a promoter holding of 92.29% and a public holding of 7.71%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sharon Controls India Private LimitedYakub Bhetasiwala is a mutual person
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Core Astronova Techne Private LimitedNagesh Basarkar and Sunayana Basarkar are mutual person
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Pompetravaini Core India Private Limited
Nagesh Basarkar is a mutual person
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Effwa Infra & Research LimitedPriyesh Somaiya is a mutual person
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Ybeetech International Private LimitedYakub Bhetasiwala is a mutual person
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Daushir Engineering Private Limited
Yakub Bhetasiwala is a mutual person
Charges (Loans)
₹155.72 Cr
₹58.63 Cr
Charges Breakdown by Lending Institutions
- Others : 135.72 Cr
- Hdfc Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2024 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 28 Mar 2023 | Others | ₹37.00 Cr | Open |
| 29 Dec 2021 | Others | ₹3.75 M | Open |
| 03 Sep 2020 | Others | ₹4.00 Cr | Open |
| 30 Jun 2020 | Others | ₹1.05 Cr | Open |
How Many Employees Work at Core Energy Systems?
Core Energy Systems has a workforce of 999 employees as of Jul 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Core Energy Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Core Energy Systems's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
