About Greennetic Renewable
Greennetic Renewable is an Energy & Utilities company based in Ahmedabad (India) founded in 2019. Greennetic Renewable provides solar energy solutions, including panels, water heaters, and customized plans. It operates on a B2B model. Its Indian entity Greennetic Renewable Private Limited reported revenue of ₹55.2 Lakh. Its focus areas include Energy, Renewable Energy, Solar Solutions and Products and Services. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Greennetic Renewable operates with a B2B model, focusing on working in the energy sector, promoting renewable energy, solar solutions, and products and services. Greennetic Renewable provides solar energy solutions, including panels, water heaters, and customized plans. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Ahmedabad, India
- SectorsEnergy & Utilities
- Email••••••••
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- Website greenneticrenewable.com
- Legal Name Greennetic Renewable Private Limited
- Date of Incorporation 05 Aug, 2019
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹55.2 Lakh
FY 2024 · -39% YoY
- Net Profit₹45,392
FY 2024 · 1% margin
- EBITDA₹5.5 Lakh
FY 2024 · 10% margin
Associated legal entities of Greennetic Renewable
Greennetic Renewable operates through Greennetic Renewable 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 |
|---|---|---|---|---|---|---|---|
| Greennetic Renewable Private Limited CIN U40106GJ2019PTC109396 | Active | 05 Aug 2019 | Ahmedabad, Gujarat | ₹0.6 Cr | 2 | View details |
Board of directors of Greennetic Renewable Private Limited (Greennetic Renewable)
Greennetic Renewable Private Limited is the primary company behind Greennetic Renewable. The board of Greennetic Renewable Private Limited currently have 2 directors; the longest-serving is Parth Patel, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parth Patel DIN 08528814 | Director | 05 Aug 2019 | 7 yrs 2 mo | Greennetic Renewable Private Limited |
| Mayankkumar Kantibhai Patel DIN 08528815 | Director | 05 Aug 2019 | 7 yrs 2 mo | Greennetic Renewable Private Limited |
Financials of Greennetic Renewable
Figures of Greennetic Renewable Private Limited, the primary company behind Greennetic Renewable, for FY 2024. Revenue was ₹55.2 Lakh (-39% year on year). Net profit was ₹45,392 (1% margin). EBITDA was ₹5.5 Lakh (10% margin). Revenue has grown at a compounded annual rate of -27% over three years.
- ₹55.2 LakhRevenue · FY 2024 · -39% YoY
- ₹45,392Net profit · 1% margin
- ₹5.5 LakhEBITDA · 10% margin
- ₹60,000Paid-up capital
- -27%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Greennetic Renewable Private Limited are on its company page.
Detailed financial statements for Greennetic Renewable
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Competitors of Greennetic Renewable
Greennetic Renewable has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development |
Detailed competitors of Greennetic Renewable
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Greennetic Renewable (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 Greennetic Renewable
Greennetic Renewable was founded in 2019.
Greennetic Renewable is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Greennetic Renewable, Greennetic Renewable Private Limited, reported revenue of ₹55.2 Lakh for FY 2024, down 39% year on year.
Greennetic Renewable operates with a B2B model, focusing on working in the energy sector, promoting renewable energy, solar solutions, and products and services. Greennetic Renewable provides solar energy solutions, including panels, water heaters, and customized plans. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Greennetic Renewable's top competitors include SolarSquare, Oorjan and ZunRoof.
Greennetic Renewable operates through Greennetic Renewable Private Limited.
The legal entities of Greennetic Renewable currently have 2 directors, including Parth Patel, Mayankkumar Kantibhai Patel.