About Bitumen Corporation
Bitumen Corporation is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 2013. It supplies bulk and packed bitumen for road construction across India. It operates on a B2B model in Industrial Goods & Manufacturing and Chemicals & Materials sectors. The company has 44 employees. Its Indian entity Bitumen Corporation India Private Limited reported revenue of ₹652 Cr. Bitumen Corporation offers products and services including Bulk Bitumen, Packed Bitumen, and Modified Bitumen. Its focus areas include Industrial Goods, Construction Materials, Infrastructure Supply and Modified Bitumen Manufacturing. Its competitors include Highway Concessions One Private, IL&FS Transportation and G R Infraprojects; 2 of its 3 listed competitors have raised funding.
Company details
Bitcol, based in Mumbai, India, imports and supplies high-quality bulk and packed bitumen to support the road-building sector. The company operates multiple storage terminals on Indias coasts for efficient delivery and manufactures modified bitumen products. It serves major clients like Indian Oil Corporation and focuses on quality testing to meet international standards, contributing to infrastructure development.
- Headquarters Mumbai, India
- Employees 44
- SectorsIndustrial Goods & ManufacturingChemicals & Materials
- Email••••••••
- Website bitcol.in
- Legal Name Bitumen Corporation (India) Private Ltd.
- Date of Incorporation 10 Sep, 1998
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹652 Cr
FY 2024 · -4% YoY
- Net Loss-₹13.40 Cr
FY 2024 · -2% margin
- EBITDA-₹2.67 Cr
FY 2024 · 0% margin
- Employee Count44
Associated legal entities of Bitumen Corporation
Bitumen Corporation is associated with 4 registered companies on The Company Check; the primary company is Bitumen Corporation India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bitumen Corporation India Private Limited CIN U23200MH1998PTC116492 | Active | 10 Sep 1998 | Mumbai, Maharashtra | ₹652 Cr | 44 | 2 | View details |
| Bitcol Raj Llp CIN AAM-4206 | Strike Off | 13 Apr 2018 | Mumbai, Maharashtra | 2 | View details | ||
| Bitcol Elrich Bituminous Systems Private Limited CIN U23300MH2020PTC347719 | Active | 12 Oct 2020 | Mumbai, Maharashtra | ₹39.7 Cr | 2 | View details | |
| Bitcol Elrich Modified Bitumen Products Private Limited CIN U23101MH2020PTC349379 | Active | 04 Nov 2020 | Mumbai, Maharashtra | 2 | View details |
Products & Services of Bitumen Corporation
Bitumen Corporation offers a comprehensive portfolio of products and services, including Bulk Bitumen, Packed Bitumen, and Modified Bitumen.
Imported bulk bitumen for road-building applications.
Drum-packed bitumen for construction and delivery.
Value-added bitumen products for enhanced road durability.
Board of directors of Bitumen Corporation India Private Limited (Bitumen Corporation)
Bitumen Corporation India Private Limited is the primary company behind Bitumen Corporation. The boards of the 4 registered companies of Bitumen Corporation currently have 3 directors; the longest-serving is Noshir Adi Mehta, appointed in 2018. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Noshir Adi Mehta DIN 00502024 | Designated Partner | 13 Apr 2018 | 8 yrs 6 mo | Bitcol Raj Llp |
| Gilbert Mendonca DIN 01987059 | Designated Partner | 23 Dec 2019 | 6 yrs 10 mo | Bitcol Raj Llp, Bitcol Elrich Modified Bitumen Products Private Limited, Bitumen Corporation India Private Limited, Bitcol Elrich Bituminous Systems Private Limited |
| Manilal Perumal Narayanan DIN 07588897 | Director | 27 Nov 2023 | 2 yrs 10 mo | Bitcol Elrich Modified Bitumen Products Private Limited, Bitumen Corporation India Private Limited, Bitcol Elrich Bituminous Systems Private Limited |
Financials of Bitumen Corporation
Figures of Bitumen Corporation India Private Limited, the primary company behind Bitumen Corporation, for FY 2024. Revenue was ₹652 Cr (-4% year on year). Net loss was -₹13.40 Cr (-2% margin). EBITDA was -₹2.67 Cr (0% margin). Revenue has grown at a compounded annual rate of +25% over three years and +14% over five years.
- ₹652 CrRevenue · FY 2024 · -4% YoY
- -₹13.40 CrNet loss · -2% margin
- -₹2.67 CrEBITDA · 0% margin
- ₹1.50 CrPaid-up capital
- 44Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bitumen Corporation India Private Limited are on its company page.
Detailed financial statements for Bitumen Corporation
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Bitumen Corporation
Bitumen Corporation has 3 listed competitors in our database, 2 of them funded. They include Highway Concessions One Private, IL&FS Transportation and G R Infraprojects.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| highwayconcessions.com | 2010 | Mumbai, India | 19 | Highway concessions are invested in, operated, and managed across India. | ||
| itnlindia.com | 2000 | Mumbai, India | $21.52M | 151 | Developer and operator of transportation infrastructure projects, including highways and tunnels | |
| grinfra.com | 1995 | Udaipur, India | $17.47M | 16,157 | EPC provider for infrastructure projects and manufacturer of related materials |
Detailed competitors of Bitumen Corporation
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Metals & Minerals
3 companies that operate in the same segment as Bitumen Corporation (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Bitumen Corporation
Bitumen Corporation was founded in 2013.
Bitumen Corporation is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Bitumen Corporation has 44 employees.
The primary company behind Bitumen Corporation, Bitumen Corporation India Private Limited, reported revenue of ₹652 Cr for FY 2024, down 4% year on year.
Bitcol, based in Mumbai, India, imports and supplies high-quality bulk and packed bitumen to support the road-building sector. The company operates multiple storage terminals on Indias coasts for efficient delivery and manufactures modified bitumen products. It serves major clients like Indian Oil Corporation and focuses on quality testing to meet international standards, contributing to infrastructure development.
Bitumen Corporation's top competitors include Highway Concessions One Private, G R Infraprojects and IL&FS Transportation.
Bitumen Corporation offers Bulk Bitumen, Packed Bitumen, and Modified Bitumen.
Bitumen Corporation is associated with 4 legal entities: Bitumen Corporation India Private Limited, Bitcol Raj Llp, Bitcol Elrich Modified Bitumen Products Private Limited and others.
The legal entities of Bitumen Corporation currently have 3 directors, including Noshir Adi Mehta, Gilbert Mendonca, Manilal Perumal Narayanan.