About Amfare Services
Amfare Services was an Energy & Utilities company based in Ghaziabad (India) founded in 2015. It manufactures and supplies solar-powered products for sustainable energy solutions. It operates on a B2B model. Its Indian entity Amfare Services Private Limited reported revenue of ₹3.86 Cr. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Manufacturing and Solar Products. Its competitors include Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
Amfare Services operates with a B2B model, focusing on working in the energy sector, promoting renewable energy, producing manufactured goods, and solar products. Manufactures and supplies solar-powered products for sustainable energy solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Ghaziabad, India
- SectorsEnergy & Utilities
- Website amfareservices.com
- Legal Name Amfare Services Private Limited
- Date of Incorporation 20 Sep, 2018
- Jurisdiction Ghaziabad, Uttar Pradesh, India
- Annual Revenue₹3.86 Cr
FY 2024 · +132% YoY
- Net Profit₹2.6 Lakh
FY 2024 · 1% margin
- EBITDA₹15.2 Lakh
FY 2024 · 4% margin
Associated legal entities of Amfare Services
Amfare Services operates through Amfare Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Amfare Services Private Limited CIN U51909UP2018PTC108095 | Active | 20 Sep 2018 | Ghaziabad, Uttar Pradesh | ₹3.9 Cr | – | 2 | View details |
Board of directors of Amfare Services Private Limited (Amfare Services)
Amfare Services Private Limited is the primary company behind Amfare Services. The board of Amfare Services Private Limited currently have 2 directors; the longest-serving is Rajiv Som, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Som DIN 09189506 | Director | 02 Jun 2021 | 5 yrs 4 mo | Amfare Services Private Limited |
| Aditi Chauhan DIN 09189039 | Director | 02 Jun 2021 | 5 yrs 4 mo | Amfare Services Private Limited |
Financials of Amfare Services
Figures of Amfare Services Private Limited, the primary company behind Amfare Services, for FY 2024. Revenue was ₹3.86 Cr (+132% year on year). Net profit was ₹2.6 Lakh (1% margin). EBITDA was ₹15.2 Lakh (4% margin). Revenue has grown at a compounded annual rate of -2% over three years.
- ₹3.86 CrRevenue · FY 2024 · +132% YoY
- ₹2.6 LakhNet profit · 1% margin
- ₹15.2 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- -2%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Amfare Services Private Limited are on its company page.
Detailed financial statements for Amfare Services
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- Statement rows
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Competitors of Amfare Services
Amfare Services has 9 listed competitors in our database, 2 of them funded. They include Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | – | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | |
| servotech.in | 2004 | Delhi, India | – | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | |
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods | |
| sukam-solar.com | 1998 | Gurugram, India | $10.08M | 97 | Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | |
| hvrsolar.com | 2016 | Delhi, India | – | 59 | Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | |
| gautamsolar.com | 1997 | Delhi, India | – | 19 | Manufactures solar modules and power plants with high-efficiency technology in India. | |
| ksolare.com | 2012 | Pune, India | – | 52 | Manufactures solar inverters and EV chargers for renewable energy solutions. | |
| dhashtec.com | 2017 | Bengaluru, India | – | 100 | Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | |
| kosolenergie.com | 2005 | Ahmedabad, India | – | 92 | Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. |
Detailed competitors of Amfare Services
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Amfare Services (Renewable & Sustainable Energy), 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 2.81 B | USD 17.62 K | 5,752 | |
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 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Amfare Services
Amfare Services was founded in 2015.
Amfare Services is headquartered in Ghaziabad, India. It is registered at Ghaziabad, Uttar Pradesh, India.
The primary company behind Amfare Services, Amfare Services Private Limited, reported revenue of ₹3.86 Cr for FY 2024, up 132% year on year.
Amfare Services operates with a B2B model, focusing on working in the energy sector, promoting renewable energy, producing manufactured goods, and solar products. Manufactures and supplies solar-powered products for sustainable energy solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Amfare Services's top competitors include Servoteh, Borosil Renewables and SuKam Solar.
Amfare Services operates through Amfare Services Private Limited.
The legal entities of Amfare Services currently have 2 directors, including Rajiv Som, Aditi Chauhan.