About Meghjit Power
Meghjit Power is a company based in Kolkata (India) founded in 2017. It operates as a B2B. Meghjit Power operates in a competitive market with competitors including Fluence, Alsym Energy, Redback Technologies, Exro and Connected Energy, among others.
- Headquarter Kolkata, India
- Employees 18
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website meghjitpower.com
- Social LinkedIn X Facebook Instagram
- Legal Name Meghjit Power Solutions Llp
- Date of Incorporation 26 May, 2017
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹9.45 Cr
FY 2023 · +42% YoY
- Net Profit₹21.2 Lakh
FY 2023 · 2% margin
- EBITDA₹1.9 Lakh
FY 2023 · 0% margin
- Employee Count18
Associated legal entities of Meghjit Power
Meghjit Power operates through Meghjit Power Solutions Llp (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 |
|---|---|---|---|---|---|---|---|
| Meghjit Power Solutions Llp CIN AAJ-5230 | Active | 26 May 2017 | Kolkata, West Bengal | ₹9.5 Cr | 18 | 3 | View details |
Board of directors of Meghjit Power Solutions Llp (Meghjit Power)
Meghjit Power Solutions Llp is the primary company behind Meghjit Power. The board of Meghjit Power Solutions Llp currently have 3 directors; the longest-serving is Anindita Mitra, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anindita Mitra DIN 07824043 | Designated Partner | 26 May 2017 | 9 yrs 4 mo | Meghjit Power Solutions Llp |
| Anita Mukherjee DIN 07824054 | Designated Partner | 26 May 2017 | 9 yrs 4 mo | Meghjit Power Solutions Llp |
| Indrajit Mitra DIN 08191415 | Designated Partner | 07 Dec 2018 | 7 yrs 10 mo | Meghjit Power Solutions Llp |
Financials of Meghjit Power
Figures of Meghjit Power Solutions Llp, the primary company behind Meghjit Power, for FY 2023. Revenue was ₹9.45 Cr (+42% year on year). Net profit was ₹21.2 Lakh (2% margin). EBITDA was ₹1.9 Lakh (0% margin). Revenue has grown at a compounded annual rate of +39% over three years and +94% over five years.
- ₹9.45 CrRevenue · FY 2023 · +42% YoY
- ₹21.2 LakhNet profit · 2% margin
- ₹1.9 LakhEBITDA · 0% margin
- 18Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +94%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Meghjit Power Solutions Llp are on its company page.
Detailed financial statements for Meghjit Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Competitors of Meghjit Power
Meghjit Power 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 Fluence, Alsym Energy, Redback Technologies, Exro and Connected Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fluenceenergy.com | 2018 | – | $125M | 1,112 | Energy storage systems are supplied for industrial renewable applications. | |
| alsym.com | 2015 | Woburn, United States | $103.57M | – | Non-flammable battery solutions are provided for vehicles and storage systems. | |
| redbacktech.com | 2015 | Brisbane, Australia | $15.55M | – | Developer of solar power packs for home | |
| exro.com | 2006 | Vancouver, Canada | $312,849 | 49 | Developer of power electronics for electric vehicles and energy storage | |
| connected-energy.co.uk | 2010 | Newcastle Upon Tyne, United Kingdom | $30.75M | 8 | Battery energy storage systems are supplied to various industries. | |
| powerstar.com | 2001 | Sheffield, United Kingdom | – | – | Voltage optimization, energy storage, and smart transformer equipment are manufactured. | |
| pluspower.com | 2018 | San Francisco, United States | – | – | Batteries are manufactured by Plus Power in the energy sector. | |
| energiaa.in | 1991 | Noida, India | – | 193 | Manufactures power converters and inverters for energy, defense, and industrial applications. | |
| younicos.com | 2005 | Berlin, Germany | $56.88M | – | Battery parks and microgrid systems |
Detailed competitors of Meghjit Power
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- Full competitor set
- Operating metrics
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Web traffic of Meghjit Power
The website of Meghjit Power (meghjitpower.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 25% vs previous month
Similar companies to Meghjit Power
10 companies that operate in the same segment as Meghjit Power (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
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Frequently Asked Questions about Meghjit Power
Meghjit Power was founded in 2017.
Meghjit Power is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Meghjit Power has 18 employees.
The primary company behind Meghjit Power, Meghjit Power Solutions Llp, reported revenue of ₹9.45 Cr for FY 2023, up 42% year on year.
Meghjit Power delivers advanced solutions for energy storage and battery systems, focusing on working in the energy sector, promoting renewable energy, developing energy storage, and battery systems. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Meghjit Power's top competitors include Fluence, Connected Energy and Exro.
Meghjit Power operates through Meghjit Power Solutions Llp.
The legal entities of Meghjit Power currently have 3 directors, including Anindita Mitra, Anita Mukherjee, Indrajit Mitra.