About GreenSol
GreenSol is an Energy & Utilities company based in Bengaluru (India) founded in 2012. It provides solar water pumping systems and PV installations for energy generation. It operates on a B2B and D2C model. The company has 57 employees. Its Indian entity Greensol Renewable Power Private Limited reported revenue of ₹43.02 Cr. GreenSol offers products and services including Solar Water Pumping System and Photovoltaic Installations. Its focus areas include Energy, Renewable Energy, Solar Power and Photovoltaic Installations. Its competitors include SolarSquare and Oorja; 2 of its 2 listed competitors have raised funding.
Company details
GreenSol Renewable Power Private Limited focuses on solar energy solutions, including solar water pumping systems and photovoltaic installations. They use advanced technology to deliver customized products for irrigation and drinking water purposes. Operating from Bangalore, India, with regional offices, the company serves clients in various states by offering site visits, quotations, and efficient solar power harnessing.
- Headquarters Bengaluru, India
- Employees 57
- SectorsEnergy & Utilities
- Email••••••••
- Website greensolgroup.com
- Social LinkedIn Facebook YouTube
- Legal Name Greensol Renewable Power Private Limited
- Date of Incorporation 10 Sep, 2012
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹43.02 Cr
FY 2022 · -9% YoY
- Net Profit₹70.4 Lakh
FY 2022 · 2% margin
- EBITDA₹5.63 Cr
FY 2022 · 13% margin
- Employee Count57
Associated legal entities of GreenSol
GreenSol operates through Greensol Renewable Power Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Greensol Renewable Power Private Limited CIN U52100KA2012PTC065842 | Active | 10 Sep 2012 | Bangalore, Karnataka | ₹43.0 Cr | 57 | 3 | View details |
Products & Services of GreenSol
GreenSol offers a comprehensive portfolio of products and services, including Solar Water Pumping System and Photovoltaic Installations.
System for pumping water using solar power for irrigation and drinking needs.
Installations of solar panels for generating electricity and power solutions.
Apps and channels of GreenSol
its YouTube channel GREENSOL RENEWABLE POWER PVT LTD has 41 subscribers.
Board of directors of Greensol Renewable Power Private Limited (GreenSol)
Greensol Renewable Power Private Limited is the primary company behind GreenSol. The board of Greensol Renewable Power Private Limited currently have 3 directors; the longest-serving is Swamy Nathan Ramalingam, appointed in 2012. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swamy Nathan Ramalingam DIN 06451801 | Director | 06 Dec 2012 | 13 yrs 10 mo | Greensol Renewable Power Private Limited |
| Prakash Shetty DIN 00797950 | Director | 06 Dec 2012 | 13 yrs 10 mo | Greensol Renewable Power Private Limited |
| Srinivasan Selvaraj Panchatcharam DIN 01972184 | Director | 06 Dec 2012 | 13 yrs 10 mo | Greensol Renewable Power Private Limited |
Financials of GreenSol
Figures of Greensol Renewable Power Private Limited, the primary company behind GreenSol, for FY 2022. Revenue was ₹43.02 Cr (-9% year on year). Net profit was ₹70.4 Lakh (2% margin). EBITDA was ₹5.63 Cr (13% margin). Revenue has grown at a compounded annual rate of -13% over three years and -2% over five years.
- ₹43.02 CrRevenue · FY 2022 · -9% YoY
- ₹70.4 LakhNet profit · 2% margin
- ₹5.63 CrEBITDA · 13% margin
- ₹2.50 CrPaid-up capital
- 57Employees (provident fund records)
- -13%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Greensol Renewable Power Private Limited are on its company page.
Detailed financial statements for GreenSol
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- Financial ratios
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Competitors of GreenSol
GreenSol has 2 listed competitors in our database, 2 of them funded. They include SolarSquare and Oorja.
| 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 | |
| oorjasolutions.org | 2016 | Delhi, India | $2.51M | Solar-powered irrigation and tech services for farmers are provided. |
Detailed competitors of GreenSol
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Frequently Asked Questions about GreenSol
GreenSol was founded in 2012.
GreenSol is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
GreenSol has 57 employees.
The primary company behind GreenSol, Greensol Renewable Power Private Limited, reported revenue of ₹43.02 Cr for FY 2022, down 9% year on year.
GreenSol Renewable Power Private Limited focuses on solar energy solutions, including solar water pumping systems and photovoltaic installations. They use advanced technology to deliver customized products for irrigation and drinking water purposes. Operating from Bangalore, India, with regional offices, the company serves clients in various states by offering site visits, quotations, and efficient solar power harnessing.
GreenSol's top competitors include SolarSquare and Oorja.
GreenSol offers Solar Water Pumping System and Photovoltaic Installations.
GreenSol operates through Greensol Renewable Power Private Limited.
The legal entities of GreenSol currently have 3 directors, including Swamy Nathan Ramalingam, Prakash Shetty, Srinivasan Selvaraj Panchatcharam.