About Hasoft Power Electronics
Hasoft Power Electronics was an Energy & Utilities company based in Bengaluru (India) founded in 2009. Hasoft Power Electronics manufactures solar-powered products, including panels and integrated energy systems. It operates on a B2B model. Its Indian entity Hasoft Power Electronics Private Limited reported revenue of ₹51.8 Lakh. The company is recorded as dissolved. Its focus areas include Manufacturing, Electronics, Renewable Energy Products and Solar Systems. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
Hasoft Power Electronics operates with a B2B model, focusing on producing manufactured goods, electronics, renewable energy products, and solar systems. Hasoft Power Electronics manufactures solar-powered products, including panels and integrated energy systems. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- SectorsEnergy & Utilities
- Website powerelectronicsconsulting.com
- Legal Name Hasoft Power Electronics Private Limited
- Date of Incorporation 28 Mar, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹51.8 Lakh
FY 2023 · +6030% YoY
- Net Loss-₹58,586
FY 2023 · -1% margin
- EBITDA-₹20,588
FY 2023 · 0% margin
Associated legal entities of Hasoft Power Electronics
Hasoft Power Electronics operates through Hasoft Power Electronics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hasoft Power Electronics Private Limited CIN U74993KA2018PTC111769 | Active | 28 Mar 2018 | Bangalore, Karnataka | ₹0.5 Cr | 2 | View details |
Board of directors of Hasoft Power Electronics Private Limited (Hasoft Power Electronics)
Hasoft Power Electronics Private Limited is the primary company behind Hasoft Power Electronics. The board of Hasoft Power Electronics Private Limited currently have 2 directors; the longest-serving is Bharath Krishna Rao, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharath Krishna Rao DIN 01716582 | Director | 02 Aug 2019 | 7 yrs 3 mo | Hasoft Power Electronics Private Limited |
| Malavikadevi Daggubati DIN 05129653 | Director | 02 Aug 2019 | 7 yrs 3 mo | Hasoft Power Electronics Private Limited |
Financials of Hasoft Power Electronics
Figures of Hasoft Power Electronics Private Limited, the primary company behind Hasoft Power Electronics, for FY 2023. Revenue was ₹51.8 Lakh (+6030% year on year). Net loss was -₹58,586 (-1% margin). EBITDA was -₹20,588 (0% margin). Revenue has grown at a compounded annual rate of +678% over three years.
- ₹51.8 LakhRevenue · FY 2023 · +6030% YoY
- -₹58,586Net loss · -1% margin
- -₹20,588EBITDA · 0% margin
- ₹10 LakhPaid-up capital
- +678%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hasoft Power Electronics Private Limited are on its company page.
Detailed financial statements for Hasoft Power Electronics
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Similar companies to Hasoft Power Electronics
Hasoft Power Electronics 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 Hasoft Power Electronics
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Frequently Asked Questions about Hasoft Power Electronics
Hasoft Power Electronics was founded in 2009.
Hasoft Power Electronics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Hasoft Power Electronics, Hasoft Power Electronics Private Limited, reported revenue of ₹51.8 Lakh for FY 2023, up 6030% year on year.
Hasoft Power Electronics operates with a B2B model, focusing on producing manufactured goods, electronics, renewable energy products, and solar systems. Hasoft Power Electronics manufactures solar-powered products, including panels and integrated energy systems. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Hasoft Power Electronics's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
Hasoft Power Electronics operates through Hasoft Power Electronics Private Limited.
The legal entities of Hasoft Power Electronics currently have 2 directors, including Bharath Krishna Rao, Malavikadevi Daggubati.