Covestro (India) Private Limited - Company overview

Covestro was incorporated on 11 September 1995 and is registered with ROC Mumbai Ii.

1995-09-11 Navi Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 7.8%
FY 2025
PROFIT / LOSS
₹25–50 Cr
▼ -29.2%
FY 2025
EBITDA
₹100–500 Cr
▼ -17.6%
FY 2025
NET WORTH
₹1000+ Cr
▼ -1.5%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 18.1%
FY 2025
EMPLOYEE COUNT
361–370
OPEN CHARGES
-
-
PAID-UP CAPITAL
207.52 cr
AUTHORISED CAPITAL
364.40 cr
COMPANY AGE
31 Years 1 Months
since 1995-09-11
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-17
ACTIVE GST
10
Updated: 2024-08-31 15:31:56
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Covestro covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
85/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (74), financial health (85), director (95) and company-foundation signals.
  • Operating for 31+ years.
Compliance Score Moderate
74/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Covestro Company identity, industry, contact, and registration details from MCA and company records.

Covestro was incorporated on 11 September 1995 and is registered with ROC Mumbai Ii. It is an active private limited company, now more than 31 years old. Its registered office is in Navi Mumbai, Maharashtra. It was earlier known as Bayer Materialscience Private Limited.

Its filings describe the main line of business as plastic products, non-metallic mineral products, rubber products, fabricated metal products, which made up 31.85% of turnover.

It has three directors: Avinash Manmohan Bagdi, Anand Srinivasan and Puneet Kapur. The longest-serving is Avinash Manmohan Bagdi, on the board since 2015; the most recent to join is Anand Srinivasan, appointed in November 2019. Anand Srinivasan is the managing director. 18 former directors are on record; the most recent to leave was Ajay Durrani in November 2018.

Paid-up capital stands at ₹208 crore out of ₹364 crore authorised. The last AGM on record was on 17 September 2025, for accounts made up to 31 March 2025. No charges (secured loans) are registered against it.

Chemicals and Materials ••••••••
  • Location Unit No. Sb-801, 8Th Floor, Empire Tower, Cloud City Campus, Airoli, Thane - Belap, Navi Mumbai, Maharashtra - 400708
  • Website covestro.com
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Name History
Legal NameCovestro (India) Private Limited
CIN / LLPINU19113MH1995PTC179724
Company No.179724
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1995-09-11
Date of AGM2025-09-17
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai Ii
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Covestro (3) Current board members from MCA filings, including designation and appointment details.

A
Avinash Manmohan Bagdi
Director | Since 2015-07-16 | DIN: 07188861
A
Anand Srinivasan
Managing Director | Since 2019-11-29 | DIN: 08624761
P
Puneet Kapur
Company Secretary | Since 2015-07-16

Financial Performance of Covestro Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 7.8%
P&L ₹25–50 Cr ▼ -29.2%
EBITDA ₹100–500 Cr ▼ -17.6%
Net worth ₹1000+ Cr ▼ -1.5%

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Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingPlastic products, non-metallic mineral products, rubber products, fabricated metal products31.85
TradeWholesale Trading67.32
Support service to OrganizationsOther support services to organizations0.83

Financial Ratios of Covestro Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

12 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Covestro Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Covestro EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Covestro GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Covestro Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Covestro MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Covestro Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Covestro Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Covestro?
MCA does not publish an "owner" field. Covestro is run by its directors, Avinash Manmohan Bagdi, Anand Srinivasan and Puneet Kapur, with Anand Srinivasan as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Covestro?
Covestro has three current directors: Avinash Manmohan Bagdi (since July 2015), Anand Srinivasan (since November 2019) and Puneet Kapur (since July 2015). Anand Srinivasan is the managing director.
What is CIN of Covestro?
The CIN of Covestro is U19113MH1995PTC179724. Reading it left to right: U means it is not listed, 19113 is the industry code it registered under, MH is Maharashtra, 1995 is the year it was registered, PTC is the company type and 179724 is its registration number.
When was Covestro incorporated?
Covestro was incorporated on 11 September 1995 with ROC Mumbai Ii. That makes it more than 31 years old.
What is the registered address of Covestro?
The registered office on MCA records is Unit No. Sb-801, 8Th Floor, Empire Tower, Cloud City Campus, Airoli, Thane - Belap, Navi Mumbai, Maharashtra - 400708.
What is the current status of Covestro?
MCA shows Covestro as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Covestro?
You can post to its registered office at Unit No. Sb-801, 8Th Floor, Empire Tower, Cloud City Campus, Airoli, Thane - Belap, Navi Mumbai, Maharashtra - 400708 and use its website, https://covestro.com.
What industry or business activity is Covestro associated with?
Its MCA filings list the main business as plastic products, non-metallic mineral products, rubber products, fabricated metal products (31.85% of turnover).
What is paid-up capital and authorised share capital of Covestro?
Paid-up capital is ₹208 crore and authorised capital is ₹364 crore, so about 57% of the authorised amount has been issued.
When did Covestro last file accounts and hold an AGM?
The last AGM on record was on 17 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Covestro?
MCA shows no charges registered against Covestro, so no assets are pledged for a registered secured loan.
Have any directors left Covestro?
Yes, 18 former directors are on record. The most recent to leave were Ajay Durrani (November 2018), Samir Hifri (February 2018) and Darius Cavasji Shroff (December 2016).
What is the turnover or revenue of Covestro?
Based on filed financial statements, the revenue of Covestro for FY 2025 was in the ₹1000+ Cr range. That is up 7.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Covestro?
For FY 2025, the net worth of Covestro was in the ₹1000+ Cr range.
How can I get the financial details of Covestro?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Covestro?
The website on record for Covestro is https://covestro.com.
Which company owns covestro.com?
covestro.com is the website listed for Covestro (India) Private Limited in its company records.
Covestro - is it listed or unlisted?
Covestro is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Covestro?
Covestro is registered with ROC Mumbai Ii.
What is the company classification of Covestro?
MCA classifies Covestro as: Private Limited Indian Non-Government Company.
Does Covestro have GST registrations on file?
Yes, 10 active GST registrations are linked to Covestro, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.