About Elpis Energy Solutions
Elpis Energy Solutions was an Energy & Utilities company based in Bengaluru (India) founded in 2015. It develops innovative technologies for solar and wind energy projects to promote sustainable solutions. It operates on a B2B model. The company has 1 employees. Its Indian entity Elpis Energy Solutions Private Limited reported revenue of ₹36.1 Lakh. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar and Wind Projects and Technology Development. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
Elpis Energy Solutions, established in 2015, excels in working in the energy sector, promoting renewable energy, solar and wind projects, and technology development. Develops innovative technologies for solar and wind energy projects to promote sustainable solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- Employees 1
- SectorsEnergy & Utilities
- Website elpisenergy.in
- Legal Name Elpis Energy Solutions Private Limited
- Date of Incorporation 20 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹36.1 Lakh
FY 2024 · +157% YoY
- Net Profit₹42,381
FY 2024 · 1% margin
- EBITDA₹8.8 Lakh
FY 2024 · 24% margin
- Employee Count1
Associated legal entities of Elpis Energy Solutions
Elpis Energy Solutions operates through Elpis 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 |
|---|---|---|---|---|---|---|---|
| Elpis Energy Solutions Private Limited CIN U74900KA2015PTC081702 | Active | 20 Jul 2015 | Bangalore, Karnataka | ₹0.4 Cr | 1 | 2 | View details |
Board of directors of Elpis Energy Solutions Private Limited (Elpis Energy Solutions)
Elpis Energy Solutions Private Limited is the primary company behind Elpis Energy Solutions. The board of Elpis Energy Solutions Private Limited currently have 2 directors; the longest-serving is Rahul Bagali, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Bagali DIN 07105818 | Director | 20 Jul 2015 | 11 yrs 3 mo | Elpis Energy Solutions Private Limited |
| Sharanabasappa Phalgun Bagali DIN 08137503 | Director | 24 Apr 2018 | 8 yrs 6 mo | Elpis Energy Solutions Private Limited |
Financials of Elpis Energy Solutions
Figures of Elpis Energy Solutions Private Limited, the primary company behind Elpis Energy Solutions, for FY 2024. Revenue was ₹36.1 Lakh (+157% year on year). Net profit was ₹42,381 (1% margin). EBITDA was ₹8.8 Lakh (24% margin). Revenue has grown at a compounded annual rate of +36% over three years and -12% over five years.
- ₹36.1 LakhRevenue · FY 2024 · +157% YoY
- ₹42,381Net profit · 1% margin
- ₹8.8 LakhEBITDA · 24% margin
- ₹1 LakhPaid-up capital
- 1Employees (provident fund records)
- +36%Revenue CAGR, 3 years
- -12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elpis Energy Solutions Private Limited are on its company page.
Detailed financial statements for Elpis Energy Solutions
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- Financial ratios
- Five-year trends
- Downloads
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Similar companies to Elpis Energy Solutions
Elpis Energy Solutions 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 Elpis Energy Solutions
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Frequently Asked Questions about Elpis Energy Solutions
Elpis Energy Solutions was founded in 2015.
Elpis Energy Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Elpis Energy Solutions has 1 employees.
The primary company behind Elpis Energy Solutions, Elpis Energy Solutions Private Limited, reported revenue of ₹36.1 Lakh for FY 2024, up 157% year on year.
Elpis Energy Solutions, established in 2015, excels in working in the energy sector, promoting renewable energy, solar and wind projects, and technology development. Develops innovative technologies for solar and wind energy projects to promote sustainable solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Elpis Energy Solutions's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
Elpis Energy Solutions operates through Elpis Energy Solutions Private Limited.
The legal entities of Elpis Energy Solutions currently have 2 directors, including Sharanabasappa Phalgun Bagali, Rahul Bagali.