About AKSOL RENEWABLES
AKSOL RENEWABLES was an Energy & Utilities company based in Nashik (India) founded in 2017. It develops innovative technologies for solar and wind energy projects. It operates on a B2B model. Its Indian entity Aksol Renewables Private Limited reported revenue of ₹52.8 Lakh. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar and Wind and Technology Development. Similar companies include Fourth Partner Energy, Freyr Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
AKSOL RENEWABLES, based in Nashik, focuses on working in the energy sector, promoting renewable energy, solar and wind, and technology development. Develops innovative technologies for solar and wind energy projects. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Nashik, India
- SectorsEnergy & Utilities
- Website aksolrenewables.in
- Social Facebook
- Legal Name Aksol Renewables Private Limited
- Date of Incorporation 16 Jan, 2018
- Jurisdiction Satpur, Maharashtra, India
- Annual Revenue₹52.8 Lakh
FY 2022 · -9% YoY
- Net Loss-₹8.1 Lakh
FY 2022 · -15% margin
- EBITDA-₹4.5 Lakh
FY 2022 · -9% margin
Associated legal entities of AKSOL RENEWABLES
AKSOL RENEWABLES operates through Aksol Renewables 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 |
|---|---|---|---|---|---|---|---|
| Aksol Renewables Private Limited CIN U74999MH2018PTC304245 | Active | 16 Jan 2018 | Satpur, Maharashtra | ₹0.5 Cr | 5 | View details |
Board of directors of Aksol Renewables Private Limited (AKSOL RENEWABLES)
Aksol Renewables Private Limited is the primary company behind AKSOL RENEWABLES. The board of Aksol Renewables Private Limited currently have 5 directors; the longest-serving is Akshay Dadaji Gangurde, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshay Dadaji Gangurde DIN 08018181 | Director | 16 Jan 2018 | 8 yrs 9 mo | Aksol Renewables Private Limited |
| Dadaji Bapu Gangurde DIN 08018194 | Director | 16 Jan 2018 | 8 yrs 9 mo | Aksol Renewables Private Limited |
| Arun Pandharinath Aher DIN 02226254 | Director | 05 May 2020 | 6 yrs 5 mo | Aksol Renewables Private Limited |
| Nita Arun Aher DIN 02226275 | Director | 05 May 2020 | 6 yrs 5 mo | Aksol Renewables Private Limited |
| Vishakha Vishal Rao DIN 09539333 | Director | 14 Apr 2022 | 4 yrs 6 mo | Aksol Renewables Private Limited |
Financials of AKSOL RENEWABLES
Figures of Aksol Renewables Private Limited, the primary company behind AKSOL RENEWABLES, for FY 2022. Revenue was ₹52.8 Lakh (-9% year on year). Net loss was -₹8.1 Lakh (-15% margin). EBITDA was -₹4.5 Lakh (-9% margin). Revenue has grown at a compounded annual rate of +7% over three years.
- ₹52.8 LakhRevenue · FY 2022 · -9% YoY
- -₹8.1 LakhNet loss · -15% margin
- -₹4.5 LakhEBITDA · -9% margin
- ₹4 LakhPaid-up capital
- +7%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Aksol Renewables Private Limited are on its company page.
Detailed financial statements for AKSOL RENEWABLES
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- Financial ratios
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Similar companies to AKSOL RENEWABLES
AKSOL RENEWABLES has 3 listed similar companies in our database, 3 of them funded. They include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed similar companies of AKSOL RENEWABLES
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Frequently Asked Questions about AKSOL RENEWABLES
AKSOL RENEWABLES was founded in 2017.
AKSOL RENEWABLES is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
The primary company behind AKSOL RENEWABLES, Aksol Renewables Private Limited, reported revenue of ₹52.8 Lakh for FY 2022, down 9% year on year.
AKSOL RENEWABLES, based in Nashik, focuses on working in the energy sector, promoting renewable energy, solar and wind, and technology development. Develops innovative technologies for solar and wind energy projects. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
AKSOL RENEWABLES's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
AKSOL RENEWABLES operates through Aksol Renewables Private Limited.
The legal entities of AKSOL RENEWABLES currently have 5 directors, including Vishakha Vishal Rao, Arun Pandharinath Aher, Nita Arun Aher and others.