Corrtech Energy

India Founded: 2000 • Age: 26 yrs
Manufacturing and repair services for aerospace, defense, and turbine components in India.

About Corrtech Energy

Corrtech Energy is an Aerospace, Defense & Maritime company based in India founded in 2000. Manufacturing and repair services for aerospace, defense, and turbine components in India. It operates in the Aerospace, Defense & Maritime and Energy & Utilities sectors. The company has 387 employees. Its Indian entity Corrtech Energy Limited reported revenue of β‚Ή164 Cr. Corrtech Energy offers products and services including Aerospace Components and Turbine Repair Services. Its focus areas include Aerospace and Defense, Component Manufacture, Aerospace Components and Precision Manufacturing.

Company details

Corrtech Energy Limited is identified as a provider of manufacturing services for precision aerospace and defense components, along with gas and steam turbine parts, spares, and repairs. Operations encompass component manufacture, supply of replacement parts, rotor repair, overhaul services, and field maintenance, all supported by facilities in Ahmedabad, Gujarat, India. Implementation of systems like SAP has been carried out to ensure efficient operations, while initiatives such as environmental programs and participation in events like Power-Gen Asia have been noted. The company is positioned to deliver these services with rapid turnaround times.

  • Headquarters India
  • Employees 387
  • Sectors
    Aerospace, Defense & Maritime
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Legal Name Corrtech Energy Limited
  • Date of Incorporation 02 May, 2000
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹164 Cr

    FY 2024 · +11% YoY

  • Net Profit
    ₹13.35 Cr

    FY 2024 · 8% margin

  • EBITDA
    ₹24.89 Cr

    FY 2024 · 15% margin

  • Employee Count
    387

Products & Services of Corrtech Energy

Corrtech Energy offers a comprehensive portfolio of products and services, including Aerospace Components and Turbine Repair Services.

Aerospace Components
Manufacturing

Precision aerospace and defense components are manufactured for various applications.

Turbine Repair Services
Repair Services

Repair and overhaul services for gas and steam turbine components are provided, including coating and field maintenance.

Board of directors of Corrtech Energy Limited (Corrtech Energy)

Corrtech Energy Limited is the primary company behind Corrtech Energy. The board of Corrtech Energy Limited currently have 6 directors; the longest-serving is Amit Indrasen Mittal, appointed in 2000. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amit Indrasen Mittal
DIN 01644010
Whole-time director02 May 200026 yrs 5 moCorrtech Energy Limited
Kavita Amitbhai Mittal
DIN 01643876
Director02 May 200026 yrs 5 moCorrtech Energy Limited
Sandeep Indrasen Mittal
DIN 01643818
Managing Director01 Apr 201214 yrs 6 moCorrtech Energy Limited
Vimal Maganbhai Patel
DIN 09429174
Director14 Mar 20224 yrs 7 moCorrtech Energy Limited
Prashant Sandeep Mittal
DIN 07825044
Managing Director28 Feb 20251 yr 7 moCorrtech Energy Limited
Vinod Bhoorchand Jain
DIN 08204721
CFO14 Jul 20251 yr 3 moCorrtech Energy Limited

Financials of Corrtech Energy

Figures of Corrtech Energy Limited, the primary company behind Corrtech Energy, for FY 2024. Revenue was ₹164 Cr (+11% year on year). Net profit was ₹13.35 Cr (8% margin). EBITDA was ₹24.89 Cr (15% margin). Revenue has grown at a compounded annual rate of +12% over three years and +22% over five years.

  • ₹164 CrRevenue · FY 2024 · +11% YoY
  • ₹13.35 CrNet profit · 8% margin
  • ₹24.89 CrEBITDA · 15% margin
  • ₹18.12 CrPaid-up capital
  • 387Employees (provident fund records)
  • +12%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Corrtech Energy Limited are on its company page.

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Detailed financial statements for Corrtech Energy

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Top companies in Aircraft Manufacturing & Components

3 companies that operate in the same segment as Corrtech Energy (Aircraft Manufacturing & Components) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Complex aircraft parts and components are manufactured and supplied.
2016Bengaluru, Karnataka, IndiaUSD 30.04 MUSD 25.58 M104
Forged components and precision parts for aerospace are manufactured.
2008Hyderabad, Telangana, IndiaUSD 29.02 MUSD 63.95 M1,800
Designs and manufactures defense vehicles, aerospace structures, and security systems for military use.
2007Delhi, Delhi, IndiaUSD 430.52 M3,837
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Frequently Asked Questions about Corrtech Energy

Corrtech Energy was founded in 2000.

Corrtech Energy is headquartered in India.

Corrtech Energy has 387 employees.

The primary company behind Corrtech Energy, Corrtech Energy Limited, reported revenue of β‚Ή164 Cr for FY 2024, up 11% year on year.

Corrtech Energy Limited is identified as a provider of manufacturing services for precision aerospace and defense components, along with gas and steam turbine parts, spares, and repairs. Operations encompass component manufacture, supply of replacement parts, rotor repair, overhaul services, and field maintenance, all supported by facilities in Ahmedabad, Gujarat, India. Implementation of systems like SAP has been carried out to ensure efficient operations, while initiatives such as environmental programs and participation in events like Power-Gen Asia have been noted. The company is positioned to deliver these services with rapid turnaround times.

Corrtech Energy offers Aerospace Components and Turbine Repair Services.

Corrtech Energy operates through Corrtech Energy Limited.

The legal entities of Corrtech Energy currently have 8 directors, including Kalpit Ghanshyamkumar Thakkar, Prashant Sandeep Mittal, Akshit Nandkishor Soni and others.

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