Acronics

Surat, India Founded: 2020 • Age: 6 yrs
Provides affordable smart switches for existing wiring in electrical trade.

About Acronics

Acronics is a Consumer company based in Surat (India) founded in 2020. It provides affordable smart switches for existing wiring in electrical trade. It operates on a B2C and D2C model. Its website acronicselectric.com draws about 681 thousand monthly visits. Its Indian entity Acronics Electric Private Limited reported revenue of β‚Ή86.3 Lakh. Acronics offers products and services including Cygnus Series and Magnus Series. Its focus areas include Electronics Tech, Smart Home and Smart Switches. Its competitors include Cubical and PicoStone; 2 of its 2 listed competitors have raised funding.

Company details

Acronics is a company with over 10 years of expertise in smart electrical trade, focusing on innovative and budget-friendly products. They develop smart switches that fit existing wiring and metal conceal boxes, including the Cygnus and Magnus series. Based in Surat, Gujarat, India, they aim to transform the electrical industry through home automation and IoT solutions. Their team handles sales, operations, marketing, and research to meet consumer needs.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹86.3 Lakh

    FY 2024 · +186% YoY

  • Net Profit
    ₹30,343

    FY 2024 · 0% margin

  • EBITDA
    ₹94,685

    FY 2024 · 1% margin

  • Employee Count
    1

Products & Services of Acronics

Acronics offers a comprehensive portfolio of products and services, including Cygnus Series and Magnus Series.

Cygnus Series
Smart Switches

Affordable switches fitting various module plates for home automation.

Magnus Series
Smart Switches

Frameless series for up to eight module conceal boxes.

Apps and channels of Acronics

Acronics publishes 1 mobile app.

Grid OS
App Store Lifestyle 4+
Developer: Unnova Systems
View on App Store

Board of directors of Acronics Electric Private Limited (Acronics)

Acronics Electric Private Limited is the primary company behind Acronics. The board of Acronics Electric Private Limited currently have 2 directors; the longest-serving is Chitiz Ronnie, appointed in 2022. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chitiz Ronnie
DIN 06577854
Director01 Jun 20224 yrs 4 moAcronics Electric Private Limited
Aakash Awasthy
DIN 09627914
Director01 Jun 20224 yrs 4 moAcronics Electric Private Limited

Financials of Acronics

Figures of Acronics Electric Private Limited, the primary company behind Acronics, for FY 2024. Revenue was ₹86.3 Lakh (+186% year on year). Net profit was ₹30,343 (0% margin). EBITDA was ₹94,685 (1% margin).

  • ₹86.3 LakhRevenue · FY 2024 · +186% YoY
  • ₹30,343Net profit · 0% margin
  • ₹94,685EBITDA · 1% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Acronics Electric Private Limited are on its company page.

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Detailed financial statements for Acronics

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  • Financial ratios
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Competitors of Acronics

Acronics has 2 listed competitors in our database, 2 of them funded. They include Cubical and PicoStone.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cubical.in2013Delhi, India$1.03M10
IoT-based home automation solutions are developed for residential buildings.
picostone.com2016Mumbai, India$293,393
Smart home devices for appliance control are developed by PicoStone.
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Detailed competitors of Acronics

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Web traffic of Acronics

The website of Acronics (acronicselectric.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Frequently Asked Questions about Acronics

Acronics was founded in 2020.

Acronics is headquartered in Surat, India. It is registered at Surat, Gujarat, India.

Acronics has 1 employees.

The primary company behind Acronics, Acronics Electric Private Limited, reported revenue of β‚Ή86.3 Lakh for FY 2024, up 186% year on year.

Acronics is a company with over 10 years of expertise in smart electrical trade, focusing on innovative and budget-friendly products. They develop smart switches that fit existing wiring and metal conceal boxes, including the Cygnus and Magnus series. Based in Surat, Gujarat, India, they aim to transform the electrical industry through home automation and IoT solutions. Their team handles sales, operations, marketing, and research to meet consumer needs.

Acronics's top competitors include Cubical and PicoStone.

Acronics offers Cygnus Series and Magnus Series.

Acronics operates through Acronics Electric Private Limited.

The legal entities of Acronics currently have 2 directors, including Chitiz Ronnie, Aakash Awasthy.

Yes. Acronics publishes Grid OS.

The website of Acronics receives about 681 thousand visits a month.

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