About Cortec Corrosion Solutions India Private Limited
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Cortec Corrosion Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 19 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02320KA2005PTC036346. Its GSTIN is 29AACCC6024F1ZW (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mathew Puthenpurackal Kuriyan (Whole-Time Director) and Padmini Aley Mathew (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No.123 Rankaa Court Apts18 Cambridge Road Ulsoor, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.26 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹6.48 Cr (net margin 33.6%) and EBITDA of ₹6.49 Cr (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cortec-india.com.
Company details
Contact details
Cortec Corrosion Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is cortec-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No.123 Rankaa Court Apts18 Cambridge Road Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Cortec Corrosion Solutions India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Cortec Corrosion Solutions India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Cortec Corrosion Solutions India Private Limited, buy the company report.
Financials of Cortec Corrosion Solutions India Private Limited
FY 2025 filings availableCortec Corrosion Solutions India Private Limited reported revenue of ₹19.26 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 12% growth in the latest year. EBITDA rose 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.49 Cr | ||||
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| Net Profit (PAT) | ₹6.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 33.7% | ||||
| Net Profit Margin | 33.6% | ||||
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To see the full financial statements and ratios of Cortec Corrosion Solutions India Private Limited, buy the company report.
Board of directors of Cortec Corrosion Solutions India Private Limited
Cortec Corrosion Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Puthenpurackal Kuriyan | Whole-Time Director | 19 May 2005 | 21 Years 5 Months | Current |
| Padmini Aley Mathew | Whole-Time Director | 19 May 2005 | 21 Years 5 Months | Current |
Auditor
Cortec Corrosion Solutions India Private Limited is audited by Suresh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh & Co | FY 2023 | 004255S |
Shareholding
The shareholding of Cortec Corrosion Solutions India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cortec Corrosion Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cortec Corrosion Solutions India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cortec Corrosion Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cortec Corrosion Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC6024F1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cortec Corrosion Solutions India Private Limited, buy the company report.
Recent activity
Cortec Corrosion Solutions India Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Mathew Puthenpurackal Kuriyan was appointed as Whole-Time Director on 19 May 2005.
Frequently asked questions
Cortec Corrosion Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 19 May 2005 (21+ years old) and is registered under CIN U02320KA2005PTC036346.
Cortec Corrosion Solutions India has 2 current directors:
- Mathew Puthenpurackal Kuriyan - Whole-Time Director
- Padmini Aley Mathew - Whole-Time Director
The latest financial statements of Cortec Corrosion Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cortec Corrosion Solutions India is 29AACCC6024F1ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Cortec Corrosion Solutions India is U02320KA2005PTC036346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cortec Corrosion Solutions India was incorporated on 19 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Mathew Puthenpurackal Kuriyan was appointed as Whole-Time Director on 19 May 2005. Padmini Aley Mathew was appointed as Whole-Time Director on 19 May 2005.
Cortec Corrosion Solutions India can be reached through the website cortec-india.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cortec Corrosion Solutions India is at Flat No.123 Rankaa Court Apts18 Cambridge Road Ulsoor, Bangalore, Karnataka, India – 560008.
Cortec Corrosion Solutions India operates in the chemicals and materials industry, in the chemical distribution and retail segment.
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