About Frelit energy
Frelit energy is an Energy & Utilities company based in Vadodara (India) founded in 2017 by Ankur Karkar. It manufactures high-performance solar inverters for energy solutions. It operates on a D2C and B2B model. The company has 1 employees. Its chief executive, as recorded, is Ankur Karkar. Its Indian entity Frelit Energy Private Limited reported revenue of ₹12.40 Cr. Frelit energy offers products and services including Single Phase On-Grid Inverter and Three Phase On-Grid Inverter. Its focus areas include Energy, Renewable Energy, Solar and Inverters. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
Frelit Energy Private Limited produces solar inverters, focusing on innovation and quality to deliver efficient energy solutions. The company serves residential, commercial, and industrial sectors by manufacturing single and three-phase on-grid inverters. Based in Vadodara, India, it emphasizes customer satisfaction through reliable products and support, helping clients transition to sustainable energy sources while ensuring durability and cost-effectiveness.
- Headquarters Vadodara, India
- Employees 1
- Founders Ankur Karkar
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website frelitenergy.com
- Social Facebook Instagram
- Legal Name Frelit Energy Private Limited
- Date of Incorporation 17 Jun, 2019
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹12.40 Cr
FY 2024 · +31% YoY
- Net Profit₹20.5 Lakh
FY 2024 · 2% margin
- EBITDA₹69.9 Lakh
FY 2024 · 6% margin
- Employee Count1
Associated legal entities of Frelit energy
Frelit energy operates through Frelit Energy 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 |
|---|---|---|---|---|---|---|---|
| Frelit Energy Private Limited CIN U51900GJ2019PTC108693 | Active | 17 Jun 2019 | Vadodara, Gujarat | ₹12.4 Cr | 3 | View details |
Products & Services of Frelit energy
Frelit energy offers a comprehensive portfolio of products and services, including Single Phase On-Grid Inverter and Three Phase On-Grid Inverter.
Provides efficient solar power conversion for residential use.
Delivers reliable energy solutions for commercial and industrial applications.
Board of directors of Frelit Energy Private Limited (Frelit energy)
Frelit Energy Private Limited is the primary company behind Frelit energy. The board of Frelit Energy Private Limited currently have 3 directors; the longest-serving is Shubham Ajay Shrivastava, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubham Ajay Shrivastava DIN 08484692 | Director | 17 Jun 2019 | 7 yrs 4 mo | Frelit Energy Private Limited |
| Swapnil Ajay Shrivastava DIN 08484733 | Director | 17 Jun 2019 | 7 yrs 4 mo | Frelit Energy Private Limited |
| Ankur Shrirang Karkar DIN 08484734 | Director | 17 Jun 2019 | 7 yrs 4 mo | Frelit Energy Private Limited |
People of Frelit energy
1 people are tracked at Frelit energy (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Frelit energy
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Financials of Frelit energy
Figures of Frelit Energy Private Limited, the primary company behind Frelit energy, for FY 2024. Revenue was ₹12.40 Cr (+31% year on year). Net profit was ₹20.5 Lakh (2% margin). EBITDA was ₹69.9 Lakh (6% margin). Revenue has grown at a compounded annual rate of +45% over three years.
- ₹12.40 CrRevenue · FY 2024 · +31% YoY
- ₹20.5 LakhNet profit · 2% margin
- ₹69.9 LakhEBITDA · 6% margin
- ₹6 LakhPaid-up capital
- +45%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Frelit Energy Private Limited are on its company page.
Detailed financial statements for Frelit energy
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Similar companies to Frelit energy
Frelit energy 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 Frelit energy
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Web traffic of Frelit energy
The website of Frelit energy (frelitenergy.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 34.2% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Frelit energy (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 Frelit energy
Frelit energy was founded in 2017.
Frelit energy is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Ankur Karkar is the CEO of Frelit energy, as recorded in our data. They have also founded this company.
Frelit energy has 1 employees.
The primary company behind Frelit energy, Frelit Energy Private Limited, reported revenue of ₹12.40 Cr for FY 2024, up 31% year on year.
Frelit Energy Private Limited produces solar inverters, focusing on innovation and quality to deliver efficient energy solutions. The company serves residential, commercial, and industrial sectors by manufacturing single and three-phase on-grid inverters. Based in Vadodara, India, it emphasizes customer satisfaction through reliable products and support, helping clients transition to sustainable energy sources while ensuring durability and cost-effectiveness.
Frelit energy's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
Frelit energy offers Single Phase On-Grid Inverter and Three Phase On-Grid Inverter.
Frelit energy operates through Frelit Energy Private Limited.
The legal entities of Frelit energy currently have 3 directors, including Shubham Ajay Shrivastava, Swapnil Ajay Shrivastava, Ankur Shrirang Karkar.