Spitzen

Germany Founded: 2009 • Age: 17 yrs
Renewable energy solutions in wind and solar sectors, operating in India and Germany.

About Spitzen

Spitzen is an Energy & Utilities company based in Germany founded in 2009. Renewable energy solutions in wind and solar sectors, operating in India and Germany. Its Indian entity Spitzen Energy Solutions (India) Private Limited reported revenue of β‚Ή93.1 Lakh. Spitzen offers products and services including Wind Turbines and Solar Modules. Its focus areas include Energy, Renewable Energy, Solar Energy and Solar Modules.

Company details

Spitzen Energy group was established in 2008 with a focus on wind and solar renewable energy sectors. It is recognized as a manufacturer and solutions provider in the energy field, with operations based in Pune, India, and Erlangen, Germany. Collaborations with international companies for products like solar modules and safety equipment are maintained. The group is empanelled with government bodies such as the Ministry of New and Renewable Energy. Projects have been installed in various locations, including remote areas, to support eco-friendly energy generation, as evidenced by client testimonials.

Key Metrics
  • Indian entity revenue
    ₹93.1 Lakh

    FY 2021 · +1% YoY

  • Indian entity net profit
    ₹99,162

    FY 2021 · 1% margin

  • Indian entity EBITDA
    ₹22.8 Lakh

    FY 2021 · 24% margin

Products & Services of Spitzen

Spitzen offers a comprehensive portfolio of products and services, including Wind Turbines and Solar Modules.

Wind Turbines
Renewable Energy Products

Wind turbines are manufactured for renewable energy generation and are empanelled with relevant government bodies.

Solar Modules
Renewable Energy Products

Solar modules are provided through collaborations for use in grid-tie and off-grid systems.

Board of directors of Spitzen Energy Solutions (India) Private Limited (Spitzen)

Spitzen Energy Solutions (India) Private Limited is the primary company behind Spitzen. The board of Spitzen Energy Solutions (India) Private Limited currently have 2 directors; the longest-serving is Anagha Uday Kshirsagar, appointed in 2009.

DirectorDesignationAppointedTenureEntity
Anagha Uday Kshirsagar
DIN 02476042
Director23 Mar 200917 yrs 7 moSpitzen Energy Solutions (India) Private Limited
Udaysinh Sitaram Kshirsagar
DIN 02479201
Director23 Mar 200917 yrs 7 moSpitzen Energy Solutions (India) Private Limited

Financials of Spitzen

Figures of Spitzen Energy Solutions (India) Private Limited, the primary company behind Spitzen, for FY 2021. Revenue was ₹93.1 Lakh (+1% year on year). Net profit was ₹99,162 (1% margin). EBITDA was ₹22.8 Lakh (24% margin). Revenue has grown at a compounded annual rate of -22% over three years and -1% over five years.

  • ₹93.1 LakhRevenue · FY 2021 · +1% YoY
  • ₹99,162Net profit · 1% margin
  • ₹22.8 LakhEBITDA · 24% margin
  • ₹32.9 LakhPaid-up capital
  • -22%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Spitzen Energy Solutions (India) Private Limited are on its company page.

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Frequently Asked Questions about Spitzen

Spitzen was founded in 2009.

Spitzen is headquartered in Germany.

The primary company behind Spitzen, Spitzen Energy Solutions (India) Private Limited, reported revenue of β‚Ή93.1 Lakh for FY 2021, up 1% year on year.

Spitzen Energy group was established in 2008 with a focus on wind and solar renewable energy sectors. It is recognized as a manufacturer and solutions provider in the energy field, with operations based in Pune, India, and Erlangen, Germany. Collaborations with international companies for products like solar modules and safety equipment are maintained. The group is empanelled with government bodies such as the Ministry of New and Renewable Energy. Projects have been installed in various locations, including remote areas, to support eco-friendly energy generation, as evidenced by client testimonials.

Spitzen offers Wind Turbines and Solar Modules.

Spitzen operates through Spitzen Energy Solutions (India) Private Limited.

The legal entities of Spitzen currently have 2 directors, including Anagha Uday Kshirsagar, Udaysinh Sitaram Kshirsagar.

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