Electricmart

Chennai, India Founded: 2019 • Age: 7 yrs
Sells solar panels, inverters, systems, and appliances with online delivery.
Annual revenue $656.1M Latest available
Total funding - Funding intelligence
Employees 2022 Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Electricmart

Electricmart is a company based in Chennai (India) founded in 2019. It operates as a B2C and D2C. The company has 2,022 employees as of March 31, 2023. Electricmart offers products and services including Solar Panels, Solar Inverters, On Grid Solar System, Off Grid Solar System, and Electrical Appliances. Electricmart operates in a competitive market with competitors including Borosil Renewables, Servoteh, Nessa, Ksolare Energy and SuKam Solar, among others.

  • Headquarter Chennai, India
  • Employees 2022 as on 31 Mar, 2023
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Legal Name Electronics Mart India Limited
  • Date of Incorporation 10 Sep, 2018
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $656.1 M (USD)
    25.35
    as on Mar 31, 2023
  • Net Profit
    $14.76 M (USD)
    18.2
    as on Mar 31, 2023
  • EBITDA
    $40.41 M (USD)
    15.12
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    2022

    as on Mar 31, 2023

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Products & Services of Electricmart

Electricmart offers a comprehensive portfolio of products and services, including Solar Panels, Solar Inverters, On Grid Solar System, Off Grid Solar System, and Electrical Appliances.

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Primary

Devices that convert sunlight into electricity for homes.

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Convert DC power from panels to AC for use.

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Grid-connected systems for efficient energy supply.

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Standalone systems for areas without grid access.

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Various devices for household and office use.

Funding Insights of Electricmart

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Detailed funding history for Electricmart

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Investments & Acquisitions by Electricmart

Investments
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Investment portfolio details for Electricmart

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Financial Statements - Electricmart

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Detailed financials for Electricmart

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  • Profit trends
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Electricmart Comparisons

Electricmart Primary company
Description
Sells solar panels, inverters, systems, and appliances with ...
Location
Chennai, India
Founded Year
2019
Annual Revenue
$656.1 M (USD)
Net Profit
$14.76 M (USD)
EBITDA
$40.41 M (USD)
Employees
2,022
As of 2023
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Peer comparison for Electricmart

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Competitors of Electricmart

Electricmart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Borosil Renewables, Servoteh, Nessa, Ksolare Energy and SuKam Solar, among others.

Company Name Domain Founded year HQ Location Description
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Solar glass is manufactured by Borosil Renewables for photovoltaic applications.
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Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs
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Offers solar consumer goods
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Manufactures solar inverters and EV chargers for renewable energy solutions.
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Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries
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Manufactures solar panels, batteries, and modules for renewable energy solutions in India.
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Detailed competitors of Electricmart

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Latest news on Electricmart

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Complete news archive for Electricmart

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Frequently Asked Questions about Electricmart

Electricmart was founded in 2019.

Electricmart is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

As of Mar 31, 2023, the latest employee count at Electricmart is 2,022.

Annual revenue of Electricmart is $656.1M as on Mar 31, 2023.

Electricmart is a company based in Chennai, India, specializing in solar energy solutions including panels, inverters, and both on-grid and off-grid systems. They also offer electrical and home appliances through an online platform. Products are sold with delivery across Tamilnadu, catering to residential and small office customers. The company focuses on premium brands and secure online transactions for energy efficiency needs.

Electricmart's top competitors include Servoteh, Borosil Renewables and SuKam Solar.

Electricmart offers Solar Panels, Solar Inverters, On Grid Solar System, Off Grid Solar System, and Electrical Appliances.

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