Cornerstone Communications Private Limited

Provides advertising, marketing, and consumer research services through its Mumbai-based registered office.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

Cornerstone Communications Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 29 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.32 M
  • Revenue Growth 30.17%
  • Profit Growth -60.26%
  • Ebitda 56.01%
  • Net Worth 3.59%
  • Total Assets -10.87%

About Cornerstone Communications

Cornerstone Communications Private Limited (CCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 February 1996 and has a history of 29 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Media And Publishing 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.32 M.

Udaybhanu Shetty and Basudev Biswas serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cornerstoneindia.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74300MH1996PTC097251

  • Company No.

    097251

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Media and Publishing

Who are the key members and board of directors at Cornerstone Communications?

Executive Team (1)

NameDesignationAppointment DateStatus
Udaybhanu Shetty Country flag representing In Managing Director14-Feb-1996Current

Board Members (1)

NameDesignationAppointment DateStatus
Basudev Biswas Country flag representing In Director 25-Jan-2012Current

Financial Performance of Cornerstone Communications.

Cornerstone Communications Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.17% increase. The company also saw a substantial fall in profitability, with a 60.26% decrease in profit. The company's net worth moved up by a moderate rise of 3.59%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
30.17%
Revenue from Operations
33.82%
Total Assets
-10.87%
Profit or Loss
-60.26%
Net Worth
3.59%
EBITDA
56.01%

What is the Ownership and Shareholding Structure of Cornerstone Communications?

In 2021, Cornerstone Communications had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.32 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Op Bank Ltd : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2000The Saraswat Co-Op Bank Ltd₹0.12 MOpen
19 Mar 1997The Saraswat Co-Op Bank Ltd₹0.70 MOpen
14 Sep 1996The Saraswat Co-Op Bank Ltd₹0.30 MOpen
30 Aug 1996The Saraswat Co-Op Bank Ltd₹0.20 MOpen

How Many Employees Work at Cornerstone Communications?

Unlock and access historical data on people associated with Cornerstone Communications, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cornerstone Communications, 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 Cornerstone Communications's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Cornerstone Communications

Recent activity within the organization

  • Annual General Meeting

    Cornerstone Communications Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Cornerstone Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Basudev Biswas was appointed as a Director was appointed as a Director on 25 Jan 2012 & has been associated with this company since 13 years 29 days .

    25 Jan 2012

  • Charges

    A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 0.12 M with Charge ID 90150823 was registered on 11 Sep 2000.

    11 Sep 2000

  • Charges

    A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 0.70 M with Charge ID 90150443 was registered on 19 Mar 1997.

    19 Mar 1997

  • Charges

    A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 0.30 M with Charge ID 90150408 was registered on 14 Sep 1996.

    14 Sep 1996

Frequently asked questions

  • Cornerstone Communications Private Limited was incorporated on 14 Feb 1996.

  • The authorized share capital of Cornerstone Communications Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Cornerstone Communications Private Limited.

    • Udaybhanu Muddhana Shetty
    • Basudev Biswas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cornerstone Communications Private Limited is 101 Aabhar 5Th Road Khar (West), India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Cornerstone Communications Private Limited is U74300MH1996PTC097251 and the company number is 097251 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cornerstone Communications Private Limited is https://www.cornerstoneindia.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Cornerstone Communications Private Limited has risen by 30.17%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Cornerstone Communications Private Limited has experienced an upsurge of 3.59%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Cornerstone Communications Private Limited amount to ₹ 1.32 M.

  • The most recent Balance Sheet for Cornerstone Communications Private Limited was filed with the ROC on 31 Mar 2024.

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