Grinity

Bhubaneswar, India Founded: 2017 • Age: 9 yrs
Provides solar project development, consulting, EV charging, and maintenance services.

About Grinity

Grinity is an Energy & Utilities company based in Bhubaneswar (India) founded in 2017. It provides solar project development, consulting, EV charging, and maintenance services. It operates on a B2B and Service-based model. Its Indian entity Grinity Intellect Private Limited reported revenue of β‚Ή2.03 Cr. Grinity offers products and services including Solar Power Project Development, Solar Consulting, EV Charging Infrastructure, and Operations and Maintenance. Its focus areas include Energy, Renewable Energy, Solar Energy and Solar Power Projects. Similar companies include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green and 3 more; 7 of its 8 listed similar companies have raised funding.

Company details

Grinity Intellect is a solar energy project developer offering turnkey solutions, consulting, and operations for solar plants and EV infrastructure. They handle projects from small to large scales, including ground-mounted and rooftop installations. Based in Bhubaneswar, Odisha, they serve clients like AkzoNobel and UltraTech Cement across India, reducing energy costs and carbon emissions through renewable energy initiatives.

Key Metrics
  • Annual Revenue
    ₹2.03 Cr

    FY 2025 · -37% YoY

  • Net Profit
    ₹7.2 Lakh

    FY 2025 · 4% margin

  • EBITDA
    ₹17.7 Lakh

    FY 2025 · 9% margin

Products & Services of Grinity

Grinity offers a comprehensive portfolio of products and services, including Solar Power Project Development, Solar Consulting, EV Charging Infrastructure, and Operations and Maintenance.

Solar Power Project Development
Energy Services

Turnkey solutions for solar power plants and installations.

Solar Consulting
Consulting Services

Expert advice on solar energy project planning and execution.

EV Charging Infrastructure
Infrastructure Services

Installation and management of electric vehicle charging stations.

Operations and Maintenance
Maintenance Services

Ongoing support for solar and EV systems to ensure efficiency.

Board of directors of Grinity Intellect Private Limited (Grinity)

Grinity Intellect Private Limited is the primary company behind Grinity. The board of Grinity Intellect Private Limited currently have 2 directors; the longest-serving is Sarojini Parida, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Sarojini Parida
DIN 07873120
Director12 Jul 20179 yrs 3 moGrinity Intellect Private Limited
Ashis Ranjan Parida
DIN 07729814
Director12 Jul 20179 yrs 3 moGrinity Intellect Private Limited

Financials of Grinity

Figures of Grinity Intellect Private Limited, the primary company behind Grinity, for FY 2025. Revenue was ₹2.03 Cr (-37% year on year). Net profit was ₹7.2 Lakh (4% margin). EBITDA was ₹17.7 Lakh (9% margin). Revenue has grown at a compounded annual rate of +149% over three years and +24% over five years.

  • ₹2.03 CrRevenue · FY 2025 · -37% YoY
  • ₹7.2 LakhNet profit · 4% margin
  • ₹17.7 LakhEBITDA · 9% margin
  • ₹1 LakhPaid-up capital
  • 3Employees (provident fund records)
  • +149%Revenue CAGR, 3 years
  • +24%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Grinity Intellect Private Limited are on its company page.

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Detailed financial statements for Grinity

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Similar companies to Grinity

Grinity has 8 listed similar companies in our database, 7 of them funded. They include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lightsourcebp.com2010Holborn, United Kingdom$417.9M1,101
Solar energy projects are developed and operated by Lightsource BP.
freyrenergy.com2014Hyderabad, India$13.23M370
Solar energy projects are developed for residential and commercial applications.
fourthpartner.co2010Hyderabad, India$564.02M425
On-grid and off-grid solar solutions and products are provided.
sterlingandwilson.com1927Mumbai, India$50M6,013
EPC and MEP services are provided across diverse sectors.
prozealgreen.com2011Ahmedabad, India$7.34M336
Provider of solar EPC, IPP services, and battery energy storage systems
grew.one2022Ahmedabad, India$4.22M1,556
Provider of a range of solar products and services
mahindrasusten.com2010Mumbai, India–180
Turnkey EPC services for solar power plants are provided.
roofsol.com2016Mumbai, India$31.23M168
Provides solar plant installations, providing engineering, procurement, and construction services
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Detailed similar companies of Grinity

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Web traffic of Grinity

The website of Grinity (grinity.in) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▼ 33.6% vs previous month

Top companies in Renewable & Sustainable Energy

10 companies that operate in the same segment as Grinity (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 2.81 BUSD 17.62 K5,752
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Frequently Asked Questions about Grinity

Grinity was founded in 2017.

Grinity is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.

The primary company behind Grinity, Grinity Intellect Private Limited, reported revenue of β‚Ή2.03 Cr for FY 2025, down 37% year on year.

Grinity Intellect is a solar energy project developer offering turnkey solutions, consulting, and operations for solar plants and EV infrastructure. They handle projects from small to large scales, including ground-mounted and rooftop installations. Based in Bhubaneswar, Odisha, they serve clients like AkzoNobel and UltraTech Cement across India, reducing energy costs and carbon emissions through renewable energy initiatives.

Grinity's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.

Grinity offers Solar Power Project Development, Solar Consulting, EV Charging Infrastructure, and Operations and Maintenance.

Grinity operates through Grinity Intellect Private Limited.

The legal entities of Grinity currently have 2 directors, including Sarojini Parida, Ashis Ranjan Parida.

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