About Deccan Energy Solutions
Deccan Energy Solutions was an Energy & Utilities company based in Chennai (India) founded in 2006. It offers EPC services for solar rooftop systems and products. It operates on a B2B model. Its Indian entity Deccan Energy Solutions Private Limited reported revenue of ₹1.20 Cr. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Power and Rooftop Systems. Similar companies include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green and 3 more; 7 of its 8 listed similar companies have raised funding.
Company details
Deccan Energy Solutions, based in Chennai, focuses on working in the energy sector, promoting renewable energy, solar power, and rooftop systems. Offers EPC services for solar rooftop systems and products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Chennai, India
- SectorsEnergy & Utilities
- Website deccanenergy.in
- Social X
- Legal Name Deccan Energy Solutions Private Limited
- Date of Incorporation 18 Oct, 2012
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.20 Cr
FY 2024 · +1756% YoY
- Net Profit₹5.6 Lakh
FY 2024 · 5% margin
- EBITDA₹6.7 Lakh
FY 2024 · 6% margin
Associated legal entities of Deccan Energy Solutions
Deccan Energy Solutions operates through Deccan Energy Solutions 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 |
|---|---|---|---|---|---|---|---|
| Deccan Energy Solutions Private Limited CIN U29255TN2012PTC088150 | Active | 18 Oct 2012 | Chennai, Tamil Nadu | ₹1.2 Cr | – | 3 | View details |
Board of directors of Deccan Energy Solutions Private Limited (Deccan Energy Solutions)
Deccan Energy Solutions Private Limited is the primary company behind Deccan Energy Solutions. The board of Deccan Energy Solutions Private Limited currently have 3 directors; the longest-serving is Kandasamy Anbalagan, appointed in 2012.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kandasamy Anbalagan DIN 05243574 | Director | 18 Oct 2012 | 14 yrs | Deccan Energy Solutions Private Limited |
| Durai Kandasamy DIN 05243577 | Managing Director | 18 Oct 2012 | 14 yrs | Deccan Energy Solutions Private Limited |
| Duraisamy Renuka DIN 07633586 | Director | 14 Oct 2016 | 10 yrs | Deccan Energy Solutions Private Limited |
Financials of Deccan Energy Solutions
Figures of Deccan Energy Solutions Private Limited, the primary company behind Deccan Energy Solutions, for FY 2024. Revenue was ₹1.20 Cr (+1756% year on year). Net profit was ₹5.6 Lakh (5% margin). EBITDA was ₹6.7 Lakh (6% margin). Revenue has grown at a compounded annual rate of +6% over three years and +17% over five years.
- ₹1.20 CrRevenue · FY 2024 · +1756% YoY
- ₹5.6 LakhNet profit · 5% margin
- ₹6.7 LakhEBITDA · 6% margin
- ₹1 LakhPaid-up capital
- +6%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Deccan Energy Solutions Private Limited are on its company page.
Detailed financial statements for Deccan Energy Solutions
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Similar companies to Deccan Energy Solutions
Deccan Energy Solutions has 8 listed similar companies in our database, 7 of them funded. They include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lightsourcebp.com | 2010 | Holborn, United Kingdom | $417.9M | 1,101 | Solar energy projects are developed and operated by Lightsource BP. | |
| 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. | |
| prozealgreen.com | 2011 | Ahmedabad, India | $7.34M | 336 | Provider of solar EPC, IPP services, and battery energy storage systems | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services | |
| mahindrasusten.com | 2010 | Mumbai, India | – | 180 | Turnkey EPC services for solar power plants are provided. | |
| roofsol.com | 2016 | Mumbai, India | $31.23M | 168 | Provides solar plant installations, providing engineering, procurement, and construction services |
Detailed similar companies of Deccan Energy Solutions
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Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as Deccan Energy Solutions (Renewable Energy Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | 749 | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
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Frequently Asked Questions about Deccan Energy Solutions
Deccan Energy Solutions was founded in 2006.
Deccan Energy Solutions is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Deccan Energy Solutions, Deccan Energy Solutions Private Limited, reported revenue of ₹1.20 Cr for FY 2024, up 1756% year on year.
Deccan Energy Solutions, based in Chennai, focuses on working in the energy sector, promoting renewable energy, solar power, and rooftop systems. Offers EPC services for solar rooftop systems and products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Deccan Energy Solutions's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.
Deccan Energy Solutions operates through Deccan Energy Solutions Private Limited.
The legal entities of Deccan Energy Solutions currently have 3 directors, including Duraisamy Renuka, Kandasamy Anbalagan, Durai Kandasamy.