About Digital Electric
Digital Electric is an Energy & Utilities company based in Faridabad (India) founded in 2011. It manufactures and supplies a wide range of LVMV electrical panels. It operates on a B2B model. The company has 18 employees. Its Indian entity Digital Electric Private Limited reported revenue of ₹3.18 Cr. Its focus areas include Manufacturing, Electrical Equipment, Power Systems and LV/MV Panels. 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
Digital Electric manufactures and supplies a wide range of lvmv electrical panels, focusing on producing manufactured goods, electrical equipment, power systems, and lvmv panels. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Faridabad, India
- Employees 18
- SectorsEnergy & Utilities
- Website digitalelectric.co.in
- Social LinkedIn Facebook Instagram
- Legal Name Digital Electric Private Limited
- Date of Incorporation 26 Jul, 2011
- Jurisdiction Faridabad, Haryana, India
- Annual Revenue₹3.18 Cr
FY 2021 · +57% YoY
- Net Profit₹2.7 Lakh
FY 2021 · 1% margin
- EBITDA₹6.4 Lakh
FY 2021 · 2% margin
- Employee Count18
Associated legal entities of Digital Electric
Digital Electric operates through Digital Electric Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Digital Electric Private Limited CIN U31200HR2011PTC043492 | Active | 26 Jul 2011 | Faridabad, Haryana | ₹3.2 Cr | 18 | 2 | View details |
Board of directors of Digital Electric Private Limited (Digital Electric)
Digital Electric Private Limited is the primary company behind Digital Electric. The board of Digital Electric Private Limited currently have 2 directors; the longest-serving is Ravinder Kumar Saini, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravinder Kumar Saini DIN 03570896 | Director | 26 Jul 2011 | 15 yrs 2 mo | Digital Electric Private Limited |
| Manju Saini DIN 03570905 | Director | 26 Jul 2011 | 15 yrs 2 mo | Digital Electric Private Limited |
Financials of Digital Electric
Figures of Digital Electric Private Limited, the primary company behind Digital Electric, for FY 2021. Revenue was ₹3.18 Cr (+57% year on year). Net profit was ₹2.7 Lakh (1% margin). EBITDA was ₹6.4 Lakh (2% margin). Revenue has grown at a compounded annual rate of +8% over three years and +32% over five years.
- ₹3.18 CrRevenue · FY 2021 · +57% YoY
- ₹2.7 LakhNet profit · 1% margin
- ₹6.4 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- 18Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Digital Electric Private Limited are on its company page.
Detailed financial statements for Digital Electric
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Competitors of Digital Electric
Digital Electric 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 Digital Electric
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 Smart Grid & Transmission Systems
10 companies that operate in the same segment as Digital Electric (Smart Grid & Transmission Systems), 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 | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 257.69 M | USD 1.25 B | 3,191 | |
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
Distributed energy grids are provided for clean electricity and utilities. | 2010 | London, England, United Kingdom | USD 130.7 M | – | – | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Solar-powered electricity is delivered via an app-based platform. | 2020 | Berlin, Berlin, Germany | USD 45.99 M | – | – | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | – | USD 504.88 M | 1,430 |
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Frequently Asked Questions about Digital Electric
Digital Electric was founded in 2011.
Digital Electric is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.
Digital Electric has 18 employees.
The primary company behind Digital Electric, Digital Electric Private Limited, reported revenue of ₹3.18 Cr for FY 2021, up 57% year on year.
Digital Electric manufactures and supplies a wide range of lvmv electrical panels, focusing on producing manufactured goods, electrical equipment, power systems, and lvmv panels. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Digital Electric's top competitors include Servoteh, Borosil Renewables and SuKam Solar.
Digital Electric operates through Digital Electric Private Limited.
The legal entities of Digital Electric currently have 2 directors, including Ravinder Kumar Saini, Manju Saini.