About EECO Solar
EECO Solar was an Energy & Utilities company based in Gurugram (India) founded in 2011. EECO Solar manufactures solar-powered products, including panels and integrated energy systems. It operates on a B2B model. The company has 39 employees. Its Indian entity Eeco Instapower Private Limited reported revenue of ₹15.32 Cr. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Power and Product Manufacturing. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
EECO Solar, founded in 2011 in Gurugram, India, focuses on working in the energy sector, promoting renewable energy, solar power, and product manufacturing. EECO Solar manufactures solar-powered products, including panels and integrated energy systems. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Gurugram, India
- Employees 39
- SectorsEnergy & Utilities
- Website eecosolar.com
- Legal Name Eeco Instapower Private Limited
- Date of Incorporation 11 Feb, 2011
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹15.32 Cr
FY 2022 · +63% YoY
- Net Profit₹20.9 Lakh
FY 2022 · 1% margin
- EBITDA₹75 Lakh
FY 2022 · 5% margin
- Employee Count39
Associated legal entities of EECO Solar
EECO Solar operates through Eeco Instapower 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 |
|---|---|---|---|---|---|---|---|
| Eeco Instapower Private Limited CIN U31500HR2011PTC042080 | Active | 11 Feb 2011 | Gurgaon, Haryana | ₹15.3 Cr | 39 | 2 | View details |
Board of directors of Eeco Instapower Private Limited (EECO Solar)
Eeco Instapower Private Limited is the primary company behind EECO Solar. The board of Eeco Instapower Private Limited currently have 2 directors; the longest-serving is Sushila, appointed in 2022. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sushila DIN 09296804 | Director | 24 Jan 2022 | 4 yrs 8 mo | Eeco Instapower Private Limited |
| Pooja Yadav DIN 06412825 | Director | 14 Mar 2022 | 4 yrs 7 mo | Eeco Instapower Private Limited |
Financials of EECO Solar
Figures of Eeco Instapower Private Limited, the primary company behind EECO Solar, for FY 2022. Revenue was ₹15.32 Cr (+63% year on year). Net profit was ₹20.9 Lakh (1% margin). EBITDA was ₹75 Lakh (5% margin). Revenue has grown at a compounded annual rate of +9% over three years and +33% over five years.
- ₹15.32 CrRevenue · FY 2022 · +63% YoY
- ₹20.9 LakhNet profit · 1% margin
- ₹75 LakhEBITDA · 5% margin
- ₹2.25 CrPaid-up capital
- 39Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +33%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Eeco Instapower Private Limited are on its company page.
Detailed financial statements for EECO Solar
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of EECO Solar
EECO Solar has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| 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 |
Detailed competitors of EECO Solar
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- Full competitor set
- Operating metrics
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as EECO Solar (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 EECO Solar
EECO Solar was founded in 2011.
EECO Solar is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
EECO Solar has 39 employees.
The primary company behind EECO Solar, Eeco Instapower Private Limited, reported revenue of ₹15.32 Cr for FY 2022, up 63% year on year.
EECO Solar, founded in 2011 in Gurugram, India, focuses on working in the energy sector, promoting renewable energy, solar power, and product manufacturing. EECO Solar manufactures solar-powered products, including panels and integrated energy systems. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
EECO Solar's top competitors include Servoteh, Borosil Renewables and Nessa.
EECO Solar operates through Eeco Instapower Private Limited.
The legal entities of EECO Solar currently have 2 directors, including Sushila, Pooja Yadav.