About Centrotherm India Private Limited
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Centrotherm India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Centrotherm Asia Pte Ltd. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 11 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2010FTC053575. Its GSTIN is 29AAECC1428K1ZL (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Centrotherm Photovoltaics India Private Limited. It is led by directors including Martin Daniel Stecher and Kolandaivel Saravanan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #03 2nd Floor A.V.S. Compound 80 Feet Peripheral Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.16 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 6.4%) and EBITDA of ₹1.6 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 14% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Centrotherm and Centrotherm.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website centrotherm.de.
Company details
Name history
Centrotherm India has undergone 2 name changes throughout its history. The company was previously known as Centrotherm Photovoltaics India Private Limited, and Centrotherm India Private Limited. The current legal name is Centrotherm India Private Limited.
| Company Name | Status |
|---|---|
| Centrotherm India Private Limited | Current |
| Centrotherm Photovoltaics India Private Limited | Previous |
Contact details
Centrotherm India Private Limited's registered office is in Bangalore, Karnataka. Its website is centrotherm.de. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#03 2nd Floor A.V.S. Compound 80 Feet Peripheral Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Centrotherm 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
Brands
Centrotherm India operates two associated brands: Centrotherm and centrotherm. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality equipment for solar cell manufacturing. | centrotherm.world | |
| Innovative thermal process technologies are provided by centrotherm for high-tech industries. | centrotherm.de |
Business activity
The main business activities of Centrotherm India are trade and professional, scientific and technical. In detail, this covers retail trading, architecture, engineering activities, technical testing and analysis activities and management consultancy activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Centrotherm India Private Limited, buy the company report.
Financials of Centrotherm India Private Limited
FY 2025 filings availableCentrotherm India Private Limited reported revenue of ₹18.16 Cr (up 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 78% growth in the latest year. EBITDA rose 269% 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 | ₹1.6 Cr | ||||
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| Net Profit (PAT) | ₹1.16 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Centrotherm India Private Limited, buy the company report.
Board of directors of Centrotherm India Private Limited
Centrotherm India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Martin Daniel Stecher | Director | 13 Mar 2017 | 9 Years 7 Months | Current |
| Kolandaivel Saravanan | Director | 29 Sep 2011 | 15 Years 1 Months | Current |
| Florian Steeb | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Helge Haverkamp | Director | 06 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Centrotherm India Private Limited is audited by Varma & Varma for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma & Varma | FY 2023 | 004532S |
Shareholding
The shareholding of Centrotherm 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 Centrotherm India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Centrotherm 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
Centrotherm India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 13 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sympro Consulting Private Limited | |||
| 4 Front | |||
| Fibre Abrasive Machineries Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Centrotherm India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Centrotherm India Private Limited has a workforce of 36 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Centrotherm India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC1428K1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Centrotherm India Private Limited, buy the company report.
Recent activity
Centrotherm India Private Limited has 15 board changes on record since 2011: 4 appointments and 11 cessations. The latest: Florian Steeb ceased to be Additional Director on 26 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Centrotherm India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 11 May 2010 (16+ years old) and is registered under CIN U74900KA2010FTC053575.
Centrotherm India has 4 current directors:
- Martin Daniel Stecher - Director
- Kolandaivel Saravanan - Director
- Florian Steeb - Director
- Helge Haverkamp - Director
The latest financial statements of Centrotherm India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Centrotherm India is 29AAECC1428K1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Centrotherm India is U74900KA2010FTC053575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Centrotherm India was incorporated on 11 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Florian Steeb ceased to be Additional Director on 26 Sep 2024. Florian Steeb was appointed as Director on 12 Jan 2024. Daniel Rieser ceased to be Additional Director on 30 Sep 2023. Centrotherm India has 15 board changes on record in total.
Centrotherm India has 4 MSME Form 1 returns on record between 2019 and 2021, listing 13 overdue payments to 4 micro and small suppliers. The latest return was filed on 13 May 2021.
Centrotherm India can be reached through the website centrotherm.de. Its registered office is in Bangalore, Karnataka, India.
The registered office of Centrotherm India is at #03 2nd Floor A.V.S. Compound 80 Feet Peripheral Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034.
Centrotherm India operates in the engineering industry, in the procurement and construction (epc) segment.
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