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Corrtech International Limited Location T. Score Charges People Network Registered Details
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CORRTECH INTERNATIONAL LIMITED

Active
Updated: 23 Oct 2024

The company operates as a general contractor. It provides pipeline construction, drilling, and cathodic protection solutions.

Corrtech International Limited, is an unlisted public company incorporated on 08 June, 1982. It is classified as a public limited company and is located in Changodor, Gujarat. It's authorized share capital is INR 65.00 cr and the total paid-up capital is INR 47.09 cr.

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Industry

Manufacturing (Machinery & Equipments)
Products
  • junction boxes, and linear anodes, transformer rectifier units, impressed current, reference cells, and cock breeze equipment, pin brazing equipment, CP cables, as well as sacrificial
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
11.4%
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EBITDA
12.99%
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Net Profit
6.76%
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Networth
23.42%
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Borrowings
13.77%
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Assets
12.95%
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Gross Margin
-6.15
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Operating Margin
0.17
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Net Profit Margin
-0.2
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Return on Equity
-2.96
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ROCE
-4.48
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Debt to Equity
-0.07
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (26)
State Type Address

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Tofler Score

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Poor
Fair
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Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Liquidity +
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Quick Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
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Performance
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Operating Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
Cash Conversion Cycle GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital Days GET PRO GET PRO GET PRO GET PRO GET PRO
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Axis Trustee Services Limited

No. of Loans: 1

Total Amount : 406.6 cr

2

VISTRA ITCL (INDIA) LIMITED

No. of Loans: 1

Total Amount : 125.0 cr

3

ICICI Bank Limited

No. of Loans: 1

Total Amount : 45.0 cr

4

AU SMALL FINANCE BANK LIMITED

No. of Loans: 1

Total Amount : 37.0 cr

5

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 31.9 cr

6

Tata Capital Financial Services Limited

No. of Loans: 9

Total Amount : 22.0 cr

7

Siemens Financial Services Private Limited

No. of Loans: 2

Total Amount : 12.2 cr

8

Union Bank of India

No. of Loans: 1

Total Amount : 10.0 cr

9

Tata Capital Limited

No. of Loans: 1

Total Amount : 5.5 cr

10

Axis Bank Limited

No. of Loans: 3

Total Amount : 2.3 cr

11

Bank of Baroda

No. of Loans: 1

Total Amount : 1.9 cr

12

Mahindra and Mahindra Financial Services Limited

No. of Loans: 3

Total Amount : 1.4 cr

13

MERCEDES-BENZ FINANCIAL SERVICES INDIA PRIVATE LIMITED

No. of Loans: 1

Total Amount : 0.7 cr

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Charges

Axis Trustee Services Limited
VISTRA ITCL (INDIA) LIMITED
ICICI Bank Limited
AU SMALL FINANCE BANK LIMITED
Others

People

Designation Name DIN/PAN Tenure
Whole-time Director Sandeep Indrasen Mittal
Shareholder
01643818 27 years
Managing Director Amit Indrasen Mittal
Shareholder
01644010 28 years
Whole-time Director Pradyuman R Tiwari 03560169 7 years
Director Ramesh Chandra Gupta 07071252 3 years
Director Shaily Jatin Dedhia 08853685 3 years
Director Sanjay Verma 08979532 3 years
Director Vimal Maganbhai Patel 09429174 3 years
CFO Mittal Pankajkumar Shah <HIDDEN> 3 years
Kmp Akshit Nandkishor Soni <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
IEC PROJECTS LIMITED
Active
1.2 Cr 2 Gujarat
CONTROL PLUS OIL AND GAS SOLUTIONS PRIVATE LIMITED
Active
3.5 Cr 2 Gujarat
MJB INDIA TECHNICAL SERVICES PRIVATE LIMITED
Active
90.0 L 2 Gujarat
MJB INDIA INDUSTRIAL REPAIRS PRIVATE LIMITED
Active
3.2 Cr 2 Gujarat
CORRTECH ENERGY LIMITED
Active
16.8 Cr 5 Gujarat
NR3A CONSULTANCY LLP
Active
1.0 L 1 Delhi
DEEP ENERGY RESOURCES LIMITED
Active
32.0 Cr 1 Gujarat
PRABHA ENERGY PRIVATE LIMITED
Active
3.4 Cr 1 Gujarat
VADILAL INDUSTRIES LIMITED
Active
7.2 Cr 1 Gujarat
VADILAL CHEMICALS LIMITED
Active
4.9 Cr 1 Gujarat
DOLPHIN OFFSHORE ENTERPRISES (INDIA) LIMITED
Active
4.0 Cr 1 Maharashtra
DEEP INDUSTRIES LIMITED
Active
32.0 Cr 1 Gujarat
TECHPRO EDUSYS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
CORRTECH ENERGY LIMITED Gujarat 2000 ₹ 16.8 Cr
CONTROL PLUS OIL AND GAS SOLUTIONS PRIVATE LIMITED Gujarat 2005 ₹ 3.5 Cr

Registered Details

CIN

U29130GJ1982PLC038664

PAN

AAACC0134G

Incorporation

1982, 42.5 years

Company Email

compliance@corrtech.in

Paid up Capital

₹ 47.1 Cr

Authorised Capital

₹ 65.0 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 23 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - CORRTECH INTERNATIONAL LIMITED

What is the incorporation date of CORRTECH INTERNATIONAL LIMITED?

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The incorporation date of CORRTECH INTERNATIONAL LIMITED is 08 June, 1982

What is the authorized share capital of CORRTECH INTERNATIONAL LIMITED?

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The authorized share capital of CORRTECH INTERNATIONAL LIMITED is INR ₹ 65.0 Cr.

What is the paid-up capital of CORRTECH INTERNATIONAL LIMITED?

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The paid-up capital of CORRTECH INTERNATIONAL LIMITED is INR ₹ 47.1 Cr.

What is the registered address of CORRTECH INTERNATIONAL LIMITED?

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The registered address of CORRTECH INTERNATIONAL LIMITED is 51 MAHAGUJARAT, IND ESTATE,OPP NOVA PETROCHEMICALS SARKHEJ-BAVLA HIGHWAY VILLAGE MORAIYA , CHANGODOR CHANGODOR Gujarat - 382213

What is the CIN number of CORRTECH INTERNATIONAL LIMITED?

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The CIN number of CORRTECH INTERNATIONAL LIMITED is U29130GJ1982PLC038664.

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