Cornerstone Systems Private Limited

Provides installation services for telecommunication wiring and various systems such as surveillance, home automation, and access control.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Cornerstone Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.18 Cr
  • Revenue Growth 15.23%
  • Profit Growth 65.82%
  • Ebitda -49.55%
  • Net Worth 6.95%
  • Total Assets 39.57%

About Cornerstone Systems

Cornerstone Systems Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 December 1994 and has a history of 30 years and one month. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹1.18 Cr.

Wilfred Lobo and Krishnakumar Raman serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1994PTC083719

  • Company No.

    083719

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering
Telecom

What products or services does Cornerstone Systems Private Limited offer?

Cornerstone Systems Private Limited offers a wide range of products and services, including Access Control Systems, Card Access System, Digital Video Recorder, DVR Surveillance System, Fire Alarm Systems, Fire Alarms, Industrial Automation Systems, Home Automation System.

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

Board Members (2)

Name Designation Appointment Date Status
Wilfred Lobo Country flag representing In Director 13-Dec-1994 Current
Krishnakumar Raman Country flag representing In Director 13-Dec-1994 Current

Financial Performance of Cornerstone Systems.

Cornerstone Systems Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 15.23% increase. The company also saw a substantial improvement in profitability, with a 65.82% increase in profit. The company's net worth moved up by a moderate rise of 6.95%.

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
15.23%
Revenue from Operations
11.98%
Total Assets
39.57%
Profit or Loss
65.82%
Net Worth
6.95%
EBITDA
-49.55%

What is the Ownership and Shareholding Structure of Cornerstone Systems?

In 2019, Cornerstone Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.84 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 0.67 Cr
  • Others : 0.52 Cr

Latest Charge Details

Date Lender Amount Status
07 Oct 2021 Others ₹0.84 M Open
18 Oct 2016 Others ₹4.35 M Open
16 Sep 2011 Central Bank Of India ₹1.50 M Open
16 Sep 2011 Central Bank Of India ₹3.00 M Open
31 Aug 2004 Central Bank Of India ₹0.20 M Open

How Many Employees Work at Cornerstone Systems?

Cornerstone Systems has a workforce of 9 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cornerstone 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 Cornerstone Systems'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 Systems

Recent activity within the organization

  • Annual General Meeting

    Cornerstone Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Cornerstone Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.84 M with Charge ID 100505576 was registered on 07 Oct 2021.

    07 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 4.35 M with Charge ID 100055240 was registered on 18 Oct 2016.

    18 Oct 2016

  • Charges

    A charge with Central Bank Of India amounted to Rs. 1.50 M with Charge ID 10314515 was registered on 16 Sep 2011.

    16 Sep 2011

  • Charges

    A charge with Central Bank Of India amounted to Rs. 3.00 M with Charge ID 10314519 was registered on 16 Sep 2011.

    16 Sep 2011

Frequently asked questions

  • Cornerstone Systems Private Limited was incorporated on 13 Dec 1994.

  • The authorized share capital of Cornerstone Systems Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

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

    • Wilfred Francis Lobo
    • Krishnakumar Raman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cornerstone Systems Private Limited is 204 Raja Industrial Estate P. K. Road Mulund West, India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Cornerstone Systems Private Limited is U51900MH1994PTC083719 and the company number is 083719 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Cornerstone Systems Private Limited has risen by 15.23%.

  • As Per 2019 financial reports, 9 employees are currently employed by Cornerstone Systems Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Cornerstone Systems Private Limited has experienced an upsurge of 6.95%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Cornerstone Systems Private Limited amount to ₹ 1.18 Cr.

  • The most recent Balance Sheet for Cornerstone Systems Private Limited was filed with the ROC on 31 Mar 2023.

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