About Tpi Composites India Private Limited
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Tpi Composites India Private Limited is a foreign private limited company based in Kancheepuram, Tamil Nadu, India, a subsidiary of Tpi Holdings Switzerland Gmbh. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 03 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29259TN2020FTC134201. Its GSTIN is 33AAHCT7491E1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹244.3 Cr and a paid-up capital of ₹219.21 Cr. It is led by directors including William Eugene Siwek and Sunil Kumar Srivastava.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kancheepuram, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,780.14 Cr. For the same year it recorded a net profit of ₹74.48 Cr (net margin 4.2%) and EBITDA of ₹245.44 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company is associated with 1 brand: TPI Composites. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 rights issue); the latest was in April 2020. The company has 12 MSME Form 1 returns on record between 2020 and 2024, listing 1,159 overdue payments to 78 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tpicomposites.com.
Company details
Contact details
Tpi Composites India Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its website is tpicomposites.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 235 1 To 11 236 1 To 237 1 Survey No 232 2A 1 2A2 1 To 11 270 271 Sriperumbudur Taluk, Echoor, Kancheepuram, Tamil Nadu, India – 631604
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Tpi Composites 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
Tpi Composites India operates one associated brand: TPI Composites. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Composite wind blades and vehicle structures are manufactured globally. | tpicomposites.com |
Business activity
The main business activity of Tpi Composites India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Tpi Composites India Private Limited, buy the company report.
Financials of Tpi Composites India Private Limited
FY 2025 filings availableTpi Composites India Private Limited reported revenue of ₹1,780.14 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years. EBITDA rose 29% 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 | ₹245.44 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹74.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Tpi Composites India Private Limited, buy the company report.
Board of directors of Tpi Composites India Private Limited
Tpi Composites India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| William Eugene Siwek | Director | 03 Feb 2020 | 6 Years 8 Months | Current |
| Sunil Kumar Srivastava | Director | 21 Jan 2022 | 4 Years 9 Months | Current |
| Charles Paul Stroo | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Tpi Composites India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Tpi Composites India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tpi Composites India Private Limited, buy the company report.
Deals & funding
Tpi Composites India Private Limited has 1 deal on record (1 rights issue); the latest was in April 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Rights issue | ₹70.76 Cr | Investors: TPI Holdings Switzerland GmbH |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tpi Composites India Private Limited has 1 court case on record: 1 filed by Tpi Composites India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, | Disposed |
To see the full case history of Tpi Composites India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Tpi Composites India Private Limited has 12 MSME Form 1 returns on record between 2020 and 2024, listing 1,159 overdue payments to 78 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 (5 of 78)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Mohammedi Hardware and Pneumatics | |||
| Sarvam Safety Equipment Private Limited |
To see the full MSME payment records of Tpi Composites India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tpi Composites India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCT7491E1Z6 | Tamil Nadu | Active | 03 Feb 2020 |
To see the full GST registrations and return filing status of Tpi Composites India Private Limited, buy the company report.
Recent activity
Tpi Composites India Private Limited has 9 board changes on record since 2020: 6 appointments and 3 cessations. The latest: Kareti Srinivasa Reddy ceased to be CFO on 19 Nov 2024.
News
Frequently asked questions
Tpi Composites India is an active foreign private limited company based in Kancheepuram, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 03 February 2020 (6+ years old) and is registered under CIN U29259TN2020FTC134201.
Tpi Composites India has 3 current directors:
- William Eugene Siwek - Director
- Sunil Kumar Srivastava - Director
- Charles Paul Stroo - Director
The latest financial statements of Tpi Composites India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Tpi Composites India is 33AAHCT7491E1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Tpi Composites India is U29259TN2020FTC134201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tpi Composites India has 1 court case on record: 1 filed by the company.
Tpi Composites India was incorporated on 03 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Tpi Composites India has 1 deal on record (1 rights issue); the latest was in April 2020.
Kareti Srinivasa Reddy ceased to be CFO on 19 Nov 2024. Charles Paul Stroo was appointed as Director on 23 Apr 2024. Ramesh Gopalakrishnan ceased to be Director on 18 Jul 2023. Tpi Composites India has 9 board changes on record in total.
Tpi Composites India has 12 MSME Form 1 returns on record between 2020 and 2024, listing 1,159 overdue payments to 78 micro and small suppliers. The latest return was filed on 17 Apr 2024.
Tpi Composites India can be reached through the website tpicomposites.com. Its registered office is in Kancheepuram, Tamil Nadu, India.
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