MECpower Solutions

Vadodara, India Founded: 2016 • Age: 10 yrs
Delivers end-to-end power solutions and EPC services for the renewable energy sector.

About MECpower Solutions

MECpower Solutions is a company based in Vadodara (India) founded in 2016. It operates as a B2B. The company has 1 employees. MECpower Solutions operates in a competitive market with competitors including Enel X, Fourth Partner Energy, Hillman Group, Origis Energy and SPIE, among others.

Key Metrics
  • Annual Revenue
    ₹102 Cr

    FY 2024 · +54% YoY

  • Net Profit
    ₹4.18 Cr

    FY 2024 · 4% margin

  • EBITDA
    ₹7.65 Cr

    FY 2024 · 8% margin

  • Employee Count
    1

Board of directors of Mecpower Solutions Limited (MECpower Solutions)

Mecpower Solutions Limited is the primary company behind MECpower Solutions. The board of Mecpower Solutions Limited currently have 6 directors; the longest-serving is Manoj Narendrabhai Shah, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manoj Narendrabhai Shah
DIN 07629017
Director03 Oct 201610 yrsMecpower Solutions Limited
Kanchanlal Nemchand Shah
DIN 07629018
Director03 Oct 201610 yrsMecpower Solutions Limited
Setul Kanchanlal Shah
DIN 07614413
Director03 Oct 201610 yrsMecpower Solutions Limited
Kiran Rajesh Mishra
DIN 10124795
Director21 Apr 20233 yrs 5 moMecpower Solutions Limited
Devansh Shah
DIN 10123307
Director21 Apr 20233 yrs 5 moMecpower Solutions Limited
Ashokkumar Jivaraj Chavda
DIN 11119754
Additional Director22 May 20251 yr 4 moMecpower Solutions Limited

Financials of MECpower Solutions

Figures of Mecpower Solutions Limited, the primary company behind MECpower Solutions, for FY 2024. Revenue was ₹102 Cr (+54% year on year). Net profit was ₹4.18 Cr (4% margin). EBITDA was ₹7.65 Cr (8% margin). Revenue has grown at a compounded annual rate of -4% over three years and +46% over five years.

  • ₹102 CrRevenue · FY 2024 · +54% YoY
  • ₹4.18 CrNet profit · 4% margin
  • ₹7.65 CrEBITDA · 8% margin
  • ₹1 LakhPaid-up capital
  • 1Employees (provident fund records)
  • -4%Revenue CAGR, 3 years
  • +46%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mecpower Solutions Limited are on its company page.

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Detailed financial statements for MECpower Solutions

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Competitors of MECpower Solutions

MECpower Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Fourth Partner Energy, Hillman Group, Origis Energy and SPIE, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
enelx.com2001Boston, United States$168M513
Utility-scale renewable energy projects are developed by Enel X.
fourthpartner.co2010Hyderabad, India$564.02M425
On-grid and off-grid solar solutions and products are provided.
hillmangroup.com1964Cincinnati, United States–3,324
Hardware and home improvement products are supplied to retail markets.
origisenergy.com2008Miami, United States$149M–
Utility-scale and commercial solar projects are developed worldwide.
spie.com1998Cergy, France––
SPIE is recognized as a leading European provider of multi-technical services in energy and communications.
totalenergies.com1924Paris, France–105,476
TotalEnergies is engaged in producing and marketing multi-energy solutions.
sterlingandwilson.com1927Mumbai, India$50M6,013
EPC and MEP services are provided across diverse sectors.
alight-energy.com2013Stockholm, Sweden$14M–
Solar solutions are provided for energy-intensive businesses by Alight.
recsolar.com1997San Luis Obispo, United States–146
Commercial solar projects are designed, installed, and financed.
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Web traffic of MECpower Solutions

The website of MECpower Solutions (mecpower.in) receives about 1K visits a month.

  • Monthly visits
    1K

Latest news on Mecpower Solutions

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Similar companies to MECpower Solutions

10 companies that operate in the same segment as MECpower Solutions (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 1.96 B––
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 374.18 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 MECpower Solutions

MECpower Solutions was founded in 2016.

MECpower Solutions is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.

MECpower Solutions has 1 employees.

The primary company behind MECpower Solutions, Mecpower Solutions Limited, reported revenue of β‚Ή102 Cr for FY 2024, up 54% year on year.

MECpower Solutions, founded in 2016 in Vadodara, India, focuses on working in the energy sector, promoting renewable energy, power solutions, and epc services. Delivers end-to-end power solutions and EPC services for the renewable energy sector. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

MECpower Solutions's top competitors include Enel X, Fourth Partner Energy and TotalEnergies.

MECpower Solutions operates through Mecpower Solutions Limited.

The legal entities of MECpower Solutions currently have 6 directors, including Manoj Narendrabhai Shah, Kanchanlal Nemchand Shah, Setul Kanchanlal Shah and others.

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