About Spitzen Energy Solutions (India) Private Limited
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Spitzen Energy Solutions (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40108PN2009PTC133678. Its GSTIN is 27AAMCS9245G1ZV (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.85 Lakh. It is led by directors Anagha Uday Kshirsagar and Udaysinh Sitaram Kshirsagar.
Its last annual general meeting (AGM) was held on 15 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at S. No. 5/3/7 & 5/4/6 Aditya Shagun Mall 1st Floor Bhavdan Khurd, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2021, the company reported a revenue of ₹93.13 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹99,162 (net margin 1.1%) and EBITDA of ₹22.8 Lakh (EBITDA margin 24.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.
The company is associated with 1 brand: Spitzen. As per MCA filings, the company has open charges of ₹1.81 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spitzenenergy.com.
Company details
Contact details
Spitzen Energy Solutions (India) Private Limited's registered office is in Pune, Maharashtra. Its website is spitzenenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No. 5/3/7 & 5/4/6 Aditya Shagun Mall 1st Floor Bhavdan Khurd, Pune, Maharashtra, India – 411021
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Spitzen Energy Solutions (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
Spitzen Energy Solutions (India) operates one associated brand: Spitzen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Renewable energy solutions in wind and solar sectors, operating in India and Germany. | spitzenenergy.com |
Business activity
The main business activity of Spitzen Energy Solutions (India) is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Spitzen Energy Solutions (India) Private Limited, buy the company report.
Financials of Spitzen Energy Solutions (India) Private Limited
FY 2021 filings availableSpitzen Energy Solutions (India) Private Limited reported revenue of ₹93.13 Lakh (up 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 17% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹93.13 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹22.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹99,162 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spitzen Energy Solutions (India) Private Limited, buy the company report.
Board of directors of Spitzen Energy Solutions (India) Private Limited
Spitzen Energy Solutions (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anagha Uday Kshirsagar | Director | 23 Mar 2009 | 17 Years 7 Months | Current |
| Udaysinh Sitaram Kshirsagar | Director | 23 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Spitzen Energy Solutions (India) Private Limited is audited by G S THORAT & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S THORAT & CO | FY 2021 | 110972W |
Shareholding
The shareholding of Spitzen Energy Solutions (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spitzen Energy Solutions (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2011 | 10285292 | Bank of India | ₹1.81 Cr | Open |
To see the full charge records of Spitzen Energy Solutions (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Spitzen Energy Solutions (India) Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by DHL Express India Pvt. Ltd. Through Jatin Kashalkar | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Urjafuture Systems India Pvt. Ltd. | Pending |
To see the full case history of Spitzen Energy Solutions (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
No delayed payments to MSME suppliers are on our record for Spitzen Energy Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spitzen Energy Solutions (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS9245G1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spitzen Energy Solutions (India) Private Limited, buy the company report.
Recent activity
Spitzen Energy Solutions (India) Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Anagha Uday Kshirsagar was appointed as Director on 23 Mar 2009.
Frequently asked questions
Spitzen Energy Solutions (India) is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 March 2009 (17+ years old) and is registered under CIN U40108PN2009PTC133678.
Spitzen Energy Solutions (India) has 2 current directors:
- Anagha Uday Kshirsagar - Director
- Udaysinh Sitaram Kshirsagar - Director
The latest financial statements of Spitzen Energy Solutions (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 October 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Spitzen Energy Solutions (India) is 27AAMCS9245G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spitzen Energy Solutions (India) is U40108PN2009PTC133678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spitzen Energy Solutions (India) has 2 court cases on record: 2 filed against it. 2 are pending.
Spitzen Energy Solutions (India) was incorporated on 23 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Anagha Uday Kshirsagar was appointed as Director on 23 Mar 2009. Udaysinh Sitaram Kshirsagar was appointed as Director on 23 Mar 2009.
Spitzen Energy Solutions (India) can be reached through the website spitzenenergy.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Spitzen Energy Solutions (India) is at S. No. 537 & 546 Aditya Shagun Mall 1st Floor Bhavdan Khurd, Pune, Maharashtra, India – 411021.
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