Core Energy Systems Limited
- Unlisted share
- Industrials & Engineering
- ISIN INE0H2L01014
At a glance
Sales
FY25
₹218 Cr
+93.3%on FY24What the company earned from its customers in the year.
Profit
FY25
₹18.53 Cr
+795%on FY24What was left after every cost and tax was paid.
Market valuecalculated
₹4,063 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY25
₹230 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Core Energy Systems Limited
- ISIN
- INE0H2L01014
- Sector
- Industrials & Engineering
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹16,632.00
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Core Energy Systems Limited
CORE Energy Systems is a Mumbai-based engineering and EPC company that designs, builds and maintains specialised systems for nuclear power, defence, oil and gas, aerospace and clean energy projects. It is controlled by its promoters, led by Chairman and Managing Director Nagesh Basarkar, who together held about 70% of the equity at 31 March 2025; the rest is held mainly by individual investors. It raised new equity through a private placement in FY2024-25.
Written from: core.co.in, core.co.in, core.co.in
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Industrials & Engineering
- ISIN
- INE0H2L01014
- Year of incorporation
- 2004
- Registered office / corporate office
- Mumbai, Maharashtra
- CORE Energy Systems 21st Annual Report 2024-25 (company website)
- Promoters
- Promoter group of three individual shareholders led by Nagesh Narayan Basarkar, holding 70.15% together
- Key people
- Chairman & Managing Director: Nagesh Basarkar; Whole Time Directors: Sunayana Basarkar, T. R. Ramanathan; Virtual Chief Financial Officer: Rajendra Senapati
- Company website, Our Team
- Face value per equity share
- ₹10
- CORE Energy Systems Annual Report 2023-24 with AGM notice (company website)
- Paid-up equity shares
- 24,42,884 shares
- Official website
- core.co.in
Read from: CORE Energy Systems annual return MGT-7 FY2024-25 (company website), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
206.4×
At this price you pay ₹206.4 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
17.66×
At this price you pay ₹17.66 for every ₹1 of net worth on the company's books.
Profit margincalculated
8.5%
Out of every ₹100 of sales, ₹8.5 was left as profit.
Return on equitycalculated
8.1%
For every ₹100 of the owners' money, the company made ₹8.1 of profit in the year.
Debt to equitycalculated
0.12×
The company has borrowed ₹0.12 for every ₹1 of its owners' money.
- Indicative price
- ₹16,632.00
- Market valuecalculated
- ₹4,063 Cr
- price × shares
- No. of shares
- 24,42,884
- EPS
- ₹80.59
- Book value per share
- ₹941.67
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2024-25. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
CORE Energy Systems Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY25: ₹113 Cr to ₹218 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY22 to FY25: ₹1.15 Cr to ₹18.53 Cr.
| Particulars | FY22 | FY23 | FY24 | FY25Latest |
|---|---|---|---|---|
| Revenue from operations | n/a | n/a | 112.86 | 218.13▲93% |
| Other income | n/a | n/a | 2.61 | 7.14▲174% |
| Total income | n/a | n/a | 115.46 | 225.26▲95% |
| Depreciation, amortisation and obsolescence | n/a | n/a | 2.5 | 2.84▲14% |
| Finance costs | n/a | n/a | 8.67 | 10.07▲16% |
| Profit before tax (standalone, as summarised in the 2024 AGM notice) | 1.38 | 2.3 | 7.76 | 22.19▲186% |
| Profit after tax (standalone, as summarised in the 2024 AGM notice) | 1.15 | 1.57 | 2.07 | 18.53▲795% |
| Basic earnings per share (₹) | n/a | n/a | 9.57 | 80.59▲742% |
Rupees crore unless marked, consolidated, standalone. The change shown is the latest year against the year before. Read from: CORE Energy Systems 21st Annual Report 2024-25 (company website), CORE Energy Systems Annual Report 2023-24 with AGM notice (company website).
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2025
70.2%Promoters (Indian individuals)
- Largest holder
- 70.2%
- Top 3 together
- 98.9%
- Holders named
- 4
- Promoters (Indian individuals)70.15%
- Public: Indian individuals27.53%
- Public: non-resident Indians1.17%
- Public: bodies corporate1.16%
- Total100.01%
Read from: CORE Energy Systems annual return MGT-7 FY2024-25 (company website)
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 2024-09The September 2024 AGM was asked to approve issuing up to 118,446 equity shares at ₹7,260 each (₹10 face value plus ₹7,250 premium) to named investors. The FY2024-25 annual return shows 274,223 equity shares in total were allotted by private placement during the year, plus 1,600 under ESOPs. | Private placement | Equity shares | ₹7,260 | ₹86 Cr |
Read from: CORE Energy Systems Annual Report 2023-24 with AGM notice (company website)
Leadership
Management
Nagesh Basarkar
Chairman & Managing Director
Sunayana Basarkar
Whole Time Director
T. R. Ramanathan
Whole Time Director
Rajendra Senapati
Virtual Chief Financial Officer
Mohan Singh
Executive Director - Corporate Strategy & People Management
Dr. C.P Kaushik
Executive Director, Nuclear Energy
Ayushi Sharma
Company Secretary
Read from: Company website, Our Team, CORE Energy Systems annual return MGT-7 FY2024-25 (company website)
Corporate calendar
Events
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Core Energy Systems Limited on WhatsAppIs the price shown for Core Energy Systems Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Core Energy Systems Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Core Energy Systems Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Core Energy Systems Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.