About Steag Energy Services (India) Private Limited
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Steag Energy Services (India) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Steag Energy Services Gmbh. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31101DL2001PTC188324. Its GSTIN is 07AAFCS1399L1ZU (Delhi). The company holds 15 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.27 Lakh. It was formerly known as Steag Encotec (India) Private Limited and Evonik Energy Services (India) Private Limited. It is led by directors including Ujjwal Kanti Bhattacharya (Managing Director) and Jens Reich.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 507 Bhikaji Cama Bhawan Bhikaji Cama Place, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹617.94 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹46.4 Cr (net margin 7.5%) and EBITDA of ₹70.72 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
The company has about 1,572 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: STEAG Energy Services. As per MCA filings, the company has open charges of ₹124.01 Cr and satisfied charges of ₹76 Lakh on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it; 2 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹54.26 Cr; the latest was in March 2026. The company has 98 MSME Form 1 returns on record between 2017 and 2024, listing 2,632 overdue payments to 284 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 steag.in.
Company details
Name history
Steag Energy Services (India) has undergone 2 name changes throughout its history. The company was previously known as Steag Encotec (India) Private Limited, and Evonik Energy Services (India) Private Limited. The current legal name is Steag Energy Services (India) Private Limited.
| Company Name | Status |
|---|---|
| Steag Energy Services (India) Private Limited | Current |
| Steag Encotec (India) Private Limited | Previous |
| Evonik Energy Services (India) Private Limited | Previous |
CIN history
Steag Energy Services (India) has one previous CIN (Corporate Identification Number): U31101MH2001PTC130636. The current CIN is U31101DL2001PTC188324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31101DL2001PTC188324 | Current |
| U31101MH2001PTC130636 | Previous |
Contact details
Steag Energy Services (India) Private Limited's registered office is in New Delhi, Delhi. Its website is steag.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address507 Bhikaji Cama Bhawan Bhikaji Cama Place, New Delhi, Delhi, India – 110066
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Steag Energy Services (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
Steag Energy Services (India) operates one associated brand: STEAG Energy Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers consulting, maintenance, and development for energy and power systems. | steag.in |
Business activity
The main business activity of Steag Energy Services (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Steag Energy Services (India) Private Limited, buy the company report.
Financials of Steag Energy Services (India) Private Limited
FY 2025 filings availableSteag Energy Services (India) Private Limited reported revenue of ₹617.94 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 15% growth in the latest year. EBITDA rose 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹70.72 Cr | ||||
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| Net Profit (PAT) | ₹46.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Steag Energy Services (India) Private Limited, buy the company report.
Board of directors of Steag Energy Services (India) Private Limited
Steag Energy Services (India) has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ujjwal Kanti Bhattacharya | Managing Director | 01 Mar 2025 | 1 Years 7 Months | Current |
| Jens Reich | Director | 08 Jan 2019 | 7 Years 9 Months | Current |
| Bhanu Prakash Kota | Director | 22 Nov 2024 | 1 Years 11 Months | Current |
| Thomas Schmukal | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Jacob Thottungal Verghese Also directs: Steag O&M Company Private Limited | Director | 29 Jan 2001 | 25 Years 9 Months | Current |
Auditor
Steag Energy Services (India) Private Limited is audited by S.R. Batliboi & Co. Llp for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. Llp | FY 2022 | 301003E/E300005 |
Shareholding
The shareholding of Steag Energy Services (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Steag Energy Services (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101024923 | Others | ₹49.01 Cr | Open | |
| 04 Aug 2023 | 100767456 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 26 Aug 2022 | 100604709 | Others | ₹50 Cr | Open | |
| 29 Oct 2020 | 100389632 | Hdfc Bank Limited | ₹21 Lakh | Satisfied | |
| 23 Aug 2017 | 100122636 | Hdfc Bank Limited | ₹55 Lakh | Satisfied |
To see the full charge records of Steag Energy Services (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Steag Energy Services (India) Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹54.26 Cr; the latest was in March 2026.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Acquisition | ₹180 Cr | Buyer: Bluspring New Horizon OnePrivate Limited Seller: Steag Power GmbH |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Steag Power GmbH, Steag Power GmbH & Ralf Schiele Seller: Steag Energy Services Gmbh & Ralf Schiele, Steag Energy Services Gmbh |
| Mar 2023 | Funding round | ₹54.26 Cr | Investors: Steag Energy Services Gmbh |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Steag Energy Services Gmbh & Ralf Schiele, Steag Energy Services Gmbh Seller: Evonik Energy Services GmbH & Ralf Gilgen, Evonik Energy Services GmbH |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: Evonik Energy Services GmbH & Ralf Gilgen, Evonik Energy Services GmbH Seller: Evonik Energy GmbH, Evonik Energy GmbH & Ralf Gilgen |
To see the full deal history of Steag Energy Services (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Steag Energy Services (India) Private Limited has 12 court cases on record: 8 filed by Steag Energy Services (India), 4 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 0 | 0 |
| High courts | 4 | 2 | 1 |
| Supreme Court | 3 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by O and M Solutions Pvt. Ltd. | Pending |
| Supreme Court | Court case (Review Petition (Civil)) | Filed against the company by O and M Solutions Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by O and M Solutions Pvt Ltd. | Disposed |
| Supreme Court | Appeal | Filed by the company against GSPC Pipavav Power Company Ltd. (GPPC) | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Adani Power Limited and 2 others | Disposed |
To see the full case history of Steag Energy Services (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
Steag Energy Services (India) Private Limited has 98 MSME Form 1 returns on record between 2017 and 2024, listing 2,632 overdue payments to 284 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 284)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ankita Traders | |||
| Symboisis | |||
| Paramount Conductors Limited |
To see the full MSME payment records of Steag Energy Services (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Steag Energy Services (India) has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Steag O&M Company Private Limited | U74999DL2012PTC231128 |
To see the full group structure of Steag Energy Services (India) Private Limited, buy the company report.
Employees & EPFO
Steag Energy Services (India) Private Limited has a workforce of 1,572 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Steag Energy Services (India) has 15 GST registrations: 12 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCS1399L1ZU | Delhi | Active | 01 Jul 2017 |
| 03AAFCS1399L1Z2 | Punjab | Active | 01 Jul 2017 |
| 06AAFCS1399L1ZW | Haryana | Active | 01 Jul 2017 |
| 09AAFCS1399L1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Steag Energy Services (India) Private Limited, buy the company report.
Recent activity
Steag Energy Services (India) Private Limited has 20 board changes on record since 2001: 5 appointments and 15 cessations. The latest: Ujjwal Kanti Bhattacharya was appointed as Managing Director on 01 Mar 2025.
20 earlier events are in the company report.
Frequently asked questions
Steag Energy Services (India) is an active private limited company based in New Delhi, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 January 2001 (25+ years old) and is registered under CIN U31101DL2001PTC188324.
Steag Energy Services (India) has 5 current directors:
- Ujjwal Kanti Bhattacharya - Managing Director
- Jens Reich - Director
- Bhanu Prakash Kota - Director
- Thomas Schmukal - Director
- Jacob Thottungal Verghese - Director
The latest financial statements of Steag Energy Services (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Steag Energy Services (India) is 07AAFCS1399L1ZU, registered in Delhi. The company has 15 GST registrations in all, of which 12 are active and 3 are cancelled or inactive. Other active GSTINs include 03AAFCS1399L1Z2 (Punjab), 06AAFCS1399L1ZW (Haryana), 09AAFCS1399L1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Steag Energy Services (India) is U31101DL2001PTC188324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steag Energy Services (India) has 12 court cases on record: 8 filed by the company and 4 filed against it. 2 are pending. Most are in the nclat.
Steag Energy Services (India) was incorporated on 29 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Steag Energy Services (India) has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹54.26 Cr; the latest was in March 2026.
Ujjwal Kanti Bhattacharya was appointed as Managing Director on 01 Mar 2025. Bhanu Prakash Kota was appointed as Director on 22 Nov 2024. Thomas Schmukal was appointed as Director on 29 Aug 2024. Steag Energy Services (India) has 20 board changes on record in total.
Steag Energy Services (India) has 98 MSME Form 1 returns on record between 2017 and 2024, listing 2,632 overdue payments to 284 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Steag Energy Services (India) can be reached through the website steag.in. Its registered office is in New Delhi, Delhi, India.
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