About Adarin ET
Adarin ET is a company based in Bengaluru (India) by Saurabh Markandeya and Kajal Shah. It operates as a B2B. Adarin ET operates in a competitive market with competitors including InMotive, U Power, Torotrak, Efficient Drivetrains and G-edrive, among others.
- Headquarter Bengaluru, India
- Founders Saurabh Markandeya, Kajal Shah
- SectorsEnergy & Utilities
- Website adarinhybrids.com
- Social X Facebook
- Legal Name Adarin Engineering Technologies Private Limited
- Date of Incorporation 05 Apr, 2013
- Jurisdiction Raipur, Chhattisgarh, India
- Annual Revenue₹10.7 Lakh
FY 2022 · -71% YoY
- Net Loss-₹29.9 Lakh
FY 2022 · -280% margin
- EBITDA-₹22.6 Lakh
FY 2022 · -212% margin
Associated legal entities of Adarin ET
Adarin ET operates through Adarin Engineering Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adarin Engineering Technologies Private Limited CIN U29292CT2013PTC000791 | Active | 05 Apr 2013 | Raipur, Chhattisgarh | ₹0.1 Cr | – | 2 | View details |
Board of directors of Adarin Engineering Technologies Private Limited (Adarin ET)
Adarin Engineering Technologies Private Limited is the primary company behind Adarin ET. The board of Adarin Engineering Technologies Private Limited currently have 2 directors; the longest-serving is Kajal Kireet Shah, appointed in 2013. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kajal Kireet Shah DIN 06524060 | Director | 05 Apr 2013 | 13 yrs 6 mo | Adarin Engineering Technologies Private Limited |
| Saurabh Satish Markandeya DIN 06524065 | Director | 05 Apr 2013 | 13 yrs 6 mo | Adarin Engineering Technologies Private Limited |
People of Adarin ET
2 people are tracked at Adarin ET (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder, CEO | Leadership |
Complete people profiles for Adarin ET
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Financials of Adarin ET
Figures of Adarin Engineering Technologies Private Limited, the primary company behind Adarin ET, for FY 2022. Revenue was ₹10.7 Lakh (-71% year on year). Net loss was -₹29.9 Lakh (-280% margin). EBITDA was -₹22.6 Lakh (-212% margin). Revenue has grown at a compounded annual rate of -62% over three years and -25% over five years.
- ₹10.7 LakhRevenue · FY 2022 · -71% YoY
- -₹29.9 LakhNet loss · -280% margin
- -₹22.6 LakhEBITDA · -212% margin
- ₹1 LakhPaid-up capital
- -62%Revenue CAGR, 3 years
- -25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Adarin Engineering Technologies Private Limited are on its company page.
Detailed financial statements for Adarin ET
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Competitors of Adarin ET
Adarin ET operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as InMotive, U Power, Torotrak, Efficient Drivetrains and G-edrive, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| inmotive.com | 2010 | Toronto, Canada | $600,000 | 32 | Patented transmission systems for electric vehicle motors are developed. | |
| upower.com | 2021 | Hefei, China | – | – | AI-driven super boards are manufactured for electric vehicle design. | |
| torotrak.com | 1997 | Leyland, United Kingdom | – | 77 | Develops automotive transmission products using toroidal variator technology for enhanced performance. | |
| efficientdrivetrains.com | 2006 | Palo Alto, United States | $31.81M | 7 | High-efficiency CVTs are designed and manufactured for electric vehicles. | |
| g-edrive.com | 2018 | Beijing, China | $7.13M | – | Powertrains, electric drives, and transmission systems for EVs are manufactured. | |
| vagatron.com | 2017 | Chennai, India | – | – | Manufactures series hybrid trucks and buses using linear engine technology. | |
| precitorq.in | 2022 | Pune, India | – | – | Provides end-to-end transmission solutions for electric vehicles and robotics applications. | |
| evttech.com | 2016 | China | – | – | Develops transmission systems for electric vehicles in stealth mode. |
Detailed competitors of Adarin ET
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Latest news on Adarin Et
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Similar companies to Adarin ET
10 companies that operate in the same segment as Adarin ET (Smart Grid & Transmission Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 515.61 M | – | – | |
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
Distributed energy grids are provided for clean electricity and utilities. | 2010 | London, England, United Kingdom | USD 130.7 M | – | – | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Solar-powered electricity is delivered via an app-based platform. | 2020 | Berlin, Berlin, Germany | USD 45.99 M | – | – | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | – | USD 504.88 M | 1,430 |
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Frequently Asked Questions about Adarin ET
Adarin ET is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kajal Shah is the current CEO of Adarin ET. They have also founded this company.
The primary company behind Adarin ET, Adarin Engineering Technologies Private Limited, reported revenue of βΉ10.7 Lakh for FY 2022, down 71% year on year.
Adarin ET develops hybrid transmission technologies for various applications, focusing on leveraging cutting-edge technology, electronics, transmission systems, and hybrid technology. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Adarin ET's top competitors include U Power, Efficient Drivetrains and InMotive.
Adarin ET operates through Adarin Engineering Technologies Private Limited.
The legal entities of Adarin ET currently have 2 directors, including Kajal Kireet Shah, Saurabh Satish Markandeya.

