What we do Mitcon Consultancy & Engineering Services Limited provides technical consultancy and engineering services across power, energy conservation, environmental management, and financial sectors in India. |
Founded in 1,982 |
Market share A leading ISO 9001:2008 certified consulting firm with significant presence across India and projects overseas, especially in sustainable energy. |
Problem solved Offers expert solutions in energy efficiency, project consultancy, environmental impact, and financial restructuring aiding industries in operational optimization. |
Top clients or who we serve Serves sectors like power, pharmaceuticals, logistics, agriculture, and government entities; B2B model with marquee clients such as Ajanta Pharma and HPCL Biofuels. |
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Our journey and innovations Founded in 1982, expanded from technical consultancy to renewable energy projects, including India's large-scale solar and wind energy initiatives. |
Where we operate Operations pan-India with offices in major cities and projects extending to Saudi Arabia and overseas markets. |
Top products or what we offer Consultancy and training, project services, wind power generation including a 10 MW Solar Park and various energy audits. |
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Recurring vs cyclical contribution Revenue derives mainly from project-based consultancy and renewable energy generation, with a mix of recurring and cyclical streams. |
Our industry position Respected consultancy and renewable energy producer with a growing portfolio in sustainable energy solutions and environmental services. |
Financial highlights FY 2024-25 revenue at INR 112.71 crores; net profit INR 5.56 crores; consolidated revenue over INR 112.71 crores; stable profit growth. |
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Whats driving growth Growth driven by increased demand for renewable energy, energy audits, and expanding consultancy services across industrial sectors. |
Our future plans Plans include forming water and soil health focused subsidiaries and expanding renewable energy assets and consultancy operations. |
Our green promise Committed to sustainability via renewable energy projects, energy conservation measures, and low carbon footprint initiatives. |
Our people and values Employs 200+ diverse staff with focus on ethical governance, employee well-being, and inclusive workplace culture. |
Key challenges ahead Challenges include managing cyclical consultancy demand, evolving regulations, and competition in renewable energy sectors. |
Interesting facts Pioneered emission reduction targets approved by Science Based Targets initiative; executed largest overseas energy audit in Saudi Arabia. |
Risks and strategy Mitigates risks through stringent internal controls, diversified services, and strategic investments in growth sectors. |