About Aquila EV
Aquila EV is a Transportation, Automotive & Logistics company based in Thiruvallur (India) founded in 2014. It manufactures electric golf carts, sightseeing buses, cargo cars, and loaders for commercial use. It operates on a B2B model. Its Indian entity Tri Electric Private Limited reported revenue of ₹11.02 Cr. Aquila EV offers products and services including Electric Golf Cart, Electric Sightseeing Bus, Electric Cargo Car, Electric Loader, and Golf Cart Battery. Its focus areas include Transportation, Electric Vehicles, Golf Carts and Electric Golf Carts. Its competitors include Infraprime Logistics Technologies, Motovolt and Olectra; 2 of its 3 listed competitors have raised funding.
Company details
Tri Electric Private Limited is a manufacturer, exporter, and supplier of electric vehicles, including golf carts, sightseeing buses, cargo cars, and loaders. Based in Gummidipoondi, Tiruvallur, Tamil Nadu, India, the company focuses on producing sustainable transport solutions for commercial and recreational applications. They serve clients through B2B channels, emphasizing quality and efficiency in electric mobility products. With a team of 11 to 25 employees, they handle exports and domestic supply.
- Headquarters Thiruvallur, India
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website aquilaev.in
- Legal Name Tri Electric Private Limited
- Date of Incorporation 20 Aug, 2014
- Jurisdiction Thiruvallur, Tamil Nadu, India
- Annual Revenue₹11.02 Cr
FY 2022 · +125% YoY
- Net Profit₹51.1 Lakh
FY 2022 · 5% margin
- EBITDA₹78.2 Lakh
FY 2022 · 7% margin
Associated legal entities of Aquila EV
Aquila EV operates through Tri Electric 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 |
|---|---|---|---|---|---|---|---|
| Tri Electric Private Limited CIN U31900TN2014PTC097004 | Active | 20 Aug 2014 | Thiruvallur, Tamil Nadu | ₹11.0 Cr | 33 | 2 | View details |
Products & Services of Aquila EV
Aquila EV offers a comprehensive portfolio of products and services, including Electric Golf Cart, Electric Sightseeing Bus, Electric Cargo Car, Electric Loader, and Golf Cart Battery.
Provides electric transport for golf courses and recreational areas.
Offers eco-friendly transport for tourism and group outings.
Facilitates efficient cargo handling for commercial operations.
Supports material loading and transport in industrial settings.
Powers electric golf carts for reliable performance.
Board of directors of Tri Electric Private Limited (Aquila EV)
Tri Electric Private Limited is the primary company behind Aquila EV. The board of Tri Electric Private Limited currently have 2 directors; the longest-serving is Venkatachalam Venkatachalapathy Ramasamyudayar, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkatachalam Venkatachalapathy Ramasamyudayar DIN 00037524 | Director | 20 Aug 2014 | 12 yrs 2 mo | Tri Electric Private Limited |
| Madabushi Parthasarathi DIN 03209175 | Director | 20 Aug 2014 | 12 yrs 2 mo | Tri Electric Private Limited |
Financials of Aquila EV
Figures of Tri Electric Private Limited, the primary company behind Aquila EV, for FY 2022. Revenue was ₹11.02 Cr (+125% year on year). Net profit was ₹51.1 Lakh (5% margin). EBITDA was ₹78.2 Lakh (7% margin). Revenue has grown at a compounded annual rate of +20% over three years and +35% over five years.
- ₹11.02 CrRevenue · FY 2022 · +125% YoY
- ₹51.1 LakhNet profit · 5% margin
- ₹78.2 LakhEBITDA · 7% margin
- ₹10 LakhPaid-up capital
- 33Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tri Electric Private Limited are on its company page.
Detailed financial statements for Aquila EV
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Aquila EV
Aquila EV has 3 listed competitors in our database, 2 of them funded. They include Infraprime Logistics Technologies, Motovolt and Olectra.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| infraprimelogistics.com | 2017 | Gurugram, India | $5.62M | 34 | Electric heavy-duty trucks are developed for logistics and construction sectors. | |
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| olectra.com | 2000 | Hyderabad, India | 688 | Electric buses and transmission insulators are developed by Olectra. |
Detailed competitors of Aquila EV
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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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Aquila EV (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Aquila EV
Aquila EV was founded in 2014.
Aquila EV is headquartered in Thiruvallur, India. It is registered at Thiruvallur, Tamil Nadu, India.
The primary company behind Aquila EV, Tri Electric Private Limited, reported revenue of ₹11.02 Cr for FY 2022, up 125% year on year.
Tri Electric Private Limited is a manufacturer, exporter, and supplier of electric vehicles, including golf carts, sightseeing buses, cargo cars, and loaders. Based in Gummidipoondi, Tiruvallur, Tamil Nadu, India, the company focuses on producing sustainable transport solutions for commercial and recreational applications. They serve clients through B2B channels, emphasizing quality and efficiency in electric mobility products. With a team of 11 to 25 employees, they handle exports and domestic supply.
Aquila EV's top competitors include Infraprime Logistics Technologies, Olectra and Motovolt.
Aquila EV offers Electric Golf Cart, Electric Sightseeing Bus, Electric Cargo Car, Electric Loader, and Golf Cart Battery.
Aquila EV operates through Tri Electric Private Limited.
The legal entities of Aquila EV currently have 2 directors, including Venkatachalam Venkatachalapathy Ramasamyudayar, Madabushi Parthasarathi.