About First ESCO India
First ESCO India is an Energy & Utilities company based in Visakhapatnam (India) founded in 2006. It manufactures waste heat recovery systems for energy-intensive industries. It operates on a B2B model. Its Indian entity First Esco India Private Limited reported revenue of ₹3.94 Cr. First ESCO India offers products and services including Waste Heat Recovery Power Plant, Solar Desalination Plant, and Petcoke Firing Systems. Its focus areas include Energy, Energy Efficiency Tech, Waste Heat Recovery and Steel Industry. Similar companies include Rays Power Infra, Amplus Solar and Fourth Partner Energy; 3 of its 3 listed similar companies have raised funding.
Company details
First ESCO India Pvt. Ltd. is a manufacturer and exporter based in Andhra Pradesh, India, focusing on energy efficiency products and services. They develop systems for waste heat recovery in steel, glass, cement, and sponge iron industries, offering solutions like energy audits and renewable energy projects to industrial clients, ensuring cost savings and environmental benefits.
- Headquarters Visakhapatnam, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website firstescoindia.com
- Legal Name First Esco India Private Limited
- Date of Incorporation 24 Oct, 2008
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Annual Revenue₹3.94 Cr
FY 2024 · -89% YoY
- Net Loss-₹1.54 Cr
FY 2024 · -39% margin
- EBITDA-₹1.20 Cr
FY 2024 · -30% margin
Associated legal entities of First ESCO India
First ESCO India operates through First Esco India 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 |
|---|---|---|---|---|---|---|---|
| First Esco India Private Limited CIN U74900AP2008PTC061571 | Active | 24 Oct 2008 | Visakhapatnam, Andhra Pradesh | ₹3.9 Cr | 3 | View details |
Products & Services of First ESCO India
First ESCO India offers a comprehensive portfolio of products and services, including Waste Heat Recovery Power Plant, Solar Desalination Plant, and Petcoke Firing Systems.
System for recovering heat from industrial processes to generate power
Plant that uses solar energy to desalinate water for industrial use
Systems for efficient petcoke firing in energy processes
Board of directors of First Esco India Private Limited (First ESCO India)
First Esco India Private Limited is the primary company behind First ESCO India. The board of First Esco India Private Limited currently have 3 directors; the longest-serving is Kumar Kunche Vijaya, appointed in 2008. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kumar Kunche Vijaya DIN 01879276 | Director | 24 Oct 2008 | 18 yrs | First Esco India Private Limited |
| Nikhil Kunche DIN 03082808 | Director | 12 Mar 2013 | 13 yrs 7 mo | First Esco India Private Limited |
| Akhil Kumar Kunche DIN 07177907 | Director | 06 Sep 2019 | 7 yrs 2 mo | First Esco India Private Limited |
Financials of First ESCO India
Figures of First Esco India Private Limited, the primary company behind First ESCO India, for FY 2024. Revenue was ₹3.94 Cr (-89% year on year). Net loss was -₹1.54 Cr (-39% margin). EBITDA was -₹1.20 Cr (-30% margin). Revenue has grown at a compounded annual rate of +135% over three years and +3% over five years.
- ₹3.94 CrRevenue · FY 2024 · -89% YoY
- -₹1.54 CrNet loss · -39% margin
- -₹1.20 CrEBITDA · -30% margin
- ₹1 LakhPaid-up capital
- +135%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of First Esco India Private Limited are on its company page.
Detailed financial statements for First ESCO India
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Similar companies to First ESCO India
First ESCO India has 3 listed similar companies in our database, 3 of them funded. They include Rays Power Infra, Amplus Solar and Fourth Partner Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| amplussolar.com | 2008 | Gurugram, India | $7.16M | 150 | Solar installation services and renewable energy solutions are provided. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. |
Detailed similar companies of First ESCO India
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Frequently Asked Questions about First ESCO India
First ESCO India was founded in 2006.
First ESCO India is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
The primary company behind First ESCO India, First Esco India Private Limited, reported revenue of ₹3.94 Cr for FY 2024, down 89% year on year.
First ESCO India Pvt. Ltd. is a manufacturer and exporter based in Andhra Pradesh, India, focusing on energy efficiency products and services. They develop systems for waste heat recovery in steel, glass, cement, and sponge iron industries, offering solutions like energy audits and renewable energy projects to industrial clients, ensuring cost savings and environmental benefits.
First ESCO India's top competitors include Rays Power Infra, Fourth Partner Energy and Amplus Solar.
First ESCO India offers Waste Heat Recovery Power Plant, Solar Desalination Plant, and Petcoke Firing Systems.
First ESCO India operates through First Esco India Private Limited.
The legal entities of First ESCO India currently have 3 directors, including Akhil Kumar Kunche, Kumar Kunche Vijaya, Nikhil Kunche.