About Crux Power
Crux Power is an Energy & Utilities company based in Bhubaneswar (India) founded in 2011 by Swayam Baral and Surajit Jenamani. Crux Power is engaged in providing solar energy solutions. It operates on a Green Energy-as-a-Service and Professional Services model. The company has 16 employees. Its Indian entity Crux Power Private Limited reported revenue of ₹5.89 Cr. Crux Power offers products and services including On Grid Solar Project, Grid Interactive Solar Project, and Off Grid Solar Project. Its focus areas include Energy, Renewable Energy and Solar Energy. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
Crux Power is focused on delivering solar energy solutions across Odisha and nearby regions in India. Services are provided in on-grid, off-grid, and hybrid solar projects for industrial, residential, and commercial sectors. The company is committed to reducing dependency on conventional energy sources. Solar projects are designed to lower utility costs through sustainable energy adoption. Specialization is noted in on-grid solar systems with significant installations completed since 2013.
- Headquarters Bhubaneswar, India
- Employees 16
- Founders Swayam Baral, Surajit Jenamani
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website cruxpower.com
- Social LinkedIn X Facebook
- Legal Name Crux Power Private Limited
- Date of Incorporation 10 Dec, 2013
- Jurisdiction Bhubaneswar, Odisha, India
- Annual Revenue₹5.89 Cr
FY 2024 · -8% YoY
- Net Profit₹5.2 Lakh
FY 2024 · 1% margin
- EBITDA₹39.2 Lakh
FY 2024 · 7% margin
- Employee Count16
Associated legal entities of Crux Power
Crux Power operates through Crux Power 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 |
|---|---|---|---|---|---|---|---|
| Crux Power Private Limited CIN U40105OR2013PTC017631 | Active | 10 Dec 2013 | Bhubaneswar, Odisha | ₹5.9 Cr | 16 | 2 | View details |
Products & Services of Crux Power
Crux Power offers a comprehensive portfolio of products and services, including On Grid Solar Project, Grid Interactive Solar Project, and Off Grid Solar Project.
Solar capacity is optimized for net-meter billing reduction.
Backup arrangements are provided for defined electrical loads.
Solar capacity is tailored for independent power backup needs.
Board of directors of Crux Power Private Limited (Crux Power)
Crux Power Private Limited is the primary company behind Crux Power. The board of Crux Power Private Limited currently have 2 directors; the longest-serving is Surajit Jenamani, appointed in 2013. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surajit Jenamani DIN 03479192 | Director | 10 Dec 2013 | 12 yrs 10 mo | Crux Power Private Limited |
| Chandrashekhar Mishra DIN 03343616 | Managing Director | 10 Dec 2013 | 12 yrs 10 mo | Crux Power Private Limited |
People of Crux Power
2 people are tracked at Crux Power (2 in leadership); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
| Co-Founder, Director | Leadership |
Complete people profiles for Crux Power
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of Crux Power
Figures of Crux Power Private Limited, the primary company behind Crux Power, for FY 2024. Revenue was ₹5.89 Cr (-8% year on year). Net profit was ₹5.2 Lakh (1% margin). EBITDA was ₹39.2 Lakh (7% margin). Revenue has grown at a compounded annual rate of +13% over three years and -13% over five years.
- ₹5.89 CrRevenue · FY 2024 · -8% YoY
- ₹5.2 LakhNet profit · 1% margin
- ₹39.2 LakhEBITDA · 7% margin
- ₹2.07 CrPaid-up capital
- 16Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Crux Power Private Limited are on its company page.
Detailed financial statements for Crux Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Similar companies to Crux Power
Crux Power has 3 listed similar companies in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed similar companies of Crux Power
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Crux Power (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Crux Power
Crux Power was founded in 2011.
Crux Power is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Crux Power has 16 employees.
The primary company behind Crux Power, Crux Power Private Limited, reported revenue of ₹5.89 Cr for FY 2024, down 8% year on year.
Crux Power is focused on delivering solar energy solutions across Odisha and nearby regions in India. Services are provided in on-grid, off-grid, and hybrid solar projects for industrial, residential, and commercial sectors. The company is committed to reducing dependency on conventional energy sources. Solar projects are designed to lower utility costs through sustainable energy adoption. Specialization is noted in on-grid solar systems with significant installations completed since 2013.
Crux Power's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
Crux Power offers On Grid Solar Project, Grid Interactive Solar Project, and Off Grid Solar Project.
Crux Power operates through Crux Power Private Limited.
The legal entities of Crux Power currently have 2 directors, including Surajit Jenamani, Chandrashekhar Mishra.