About Mitcorr Cathodic Protection Private Limited
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Mitcorr Cathodic Protection Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 12 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U60300GJ2003PTC042373. Its GSTIN is 24AAECM6387R1ZN (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Muralinandan Nanduru and Lakshmi Nandan Nanduru.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ff 18 19 20 Pratibha Complex Arunchal Road Subhanpura, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.47 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹7.82 Lakh (net margin 3.2%) and EBITDA of ₹21.24 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 9% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mitcorr Cathodicprotection Pvt Ltd. As per MCA filings, the company has open charges of ₹1.95 Cr and satisfied charges of ₹64.79 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitcorr.com.
Company details
Contact details
Mitcorr Cathodic Protection Private Limited's registered office is in Vadodara, Gujarat. Its website is mitcorr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFf 18 19 20 Pratibha Complex Arunchal Road Subhanpura, Vadodara, Gujarat, India – 390023
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Mitcorr Cathodic Protection 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
Brands
Mitcorr Cathodic Protection operates one associated brand: Mitcorr Cathodicprotection Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of cathodic protection systems and products for pipelines in India. | mitcorr.com |
Business activity
The main business activity of Mitcorr Cathodic Protection is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mitcorr Cathodic Protection Private Limited, buy the company report.
Financials of Mitcorr Cathodic Protection Private Limited
FY 2024 filings availableMitcorr Cathodic Protection Private Limited reported revenue of ₹2.47 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 16% growth in the latest year. EBITDA rose 55% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21.24 Lakh | ||||
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| Net Profit (PAT) | ₹7.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Mitcorr Cathodic Protection Private Limited, buy the company report.
Board of directors of Mitcorr Cathodic Protection Private Limited
Mitcorr Cathodic Protection has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muralinandan Nanduru | Director | 12 May 2003 | 23 Years 5 Months | Current |
| Lakshmi Nandan Nanduru | Director | 12 Mar 2005 | 21 Years 7 Months | Current |
| Saketh Nandan Nanduru | Director | 11 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Mitcorr Cathodic Protection Private Limited is audited by ABHAY M SHARMA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY M SHARMA AND CO | FY 2023 | 136069W/W100710 |
Shareholding
The shareholding of Mitcorr Cathodic Protection 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) | |||||
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| Others |
To see the full shareholding pattern of Mitcorr Cathodic Protection Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2017 | 100082130 | Others | ₹65 Lakh | Open | |
| 27 Jan 2017 | 100084309 | Others | ₹65 Lakh | Open | |
| 04 Jan 2017 | 100080895 | Others | ₹65 Lakh | Open | |
| 23 Apr 2010 | 10217490 | Punjab National Bank | ₹15 Lakh | Satisfied | |
| 23 Apr 2010 | 10217489 | Punjab National Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Mitcorr Cathodic Protection Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Mitcorr Cathodic Protection 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 Mitcorr Cathodic Protection Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mitcorr Cathodic Protection Private Limited has a workforce of 9 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Mitcorr Cathodic Protection has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM6387R1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mitcorr Cathodic Protection Private Limited, buy the company report.
Recent activity
Mitcorr Cathodic Protection Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Arni Manoharan Gopinathan ceased to be Director on 10 Nov 2023.
13 earlier events are in the company report.
Frequently asked questions
Mitcorr Cathodic Protection is an active private limited company based in Vadodara, Gujarat, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 12 May 2003 (23+ years old) and is registered under CIN U60300GJ2003PTC042373.
Mitcorr Cathodic Protection has 3 current directors:
- Muralinandan Nanduru - Director
- Lakshmi Nandan Nanduru - Director
- Saketh Nandan Nanduru - Director
The latest financial statements of Mitcorr Cathodic Protection on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mitcorr Cathodic Protection is 24AAECM6387R1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Mitcorr Cathodic Protection is U60300GJ2003PTC042373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitcorr Cathodic Protection was incorporated on 12 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arni Manoharan Gopinathan ceased to be Director on 10 Nov 2023. Saketh Nandan Nanduru was appointed as Director on 11 Sep 2020. Shilpa Nandan Murlinandan Nanduru ceased to be Director on 24 Dec 2016. Mitcorr Cathodic Protection has 5 board changes on record in total.
Mitcorr Cathodic Protection can be reached through the website mitcorr.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Mitcorr Cathodic Protection is at Ff 18 19 20 Pratibha Complex Arunchal Road Subhanpura, Vadodara, Gujarat, India – 390023.
Mitcorr Cathodic Protection operates in the engineering industry, in the procurement and construction (epc) segment.