About MICROMAX ENERGY
MICROMAX ENERGY is an Energy & Utilities company based in Delhi (India) founded in 2010. It produces high-quality solar panels and renewable energy products, focusing on solar, wind, battery storage, inverters, and EV charging. It operates on a B2B model. Its Indian entity Micromax Energy Limited reported revenue of ₹73.00 Cr. Its focus areas include Energy, Renewable Energy, Solar and Wind Products and Panel Manufacturing. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
MICROMAX ENERGY produces high-quality solar panels and renewable energy products, focusing on solar, wind, battery storage, inverters, and ev charging, focusing on working in the energy sector, promoting renewable energy, solar and wind products, and panel manufacturing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Delhi, India
- SectorsEnergy & Utilities
- Website micromaxenergy.com
- Social X Facebook
- Legal Name Micromax Energy Limited
- Date of Incorporation 18 Oct, 2010
- Jurisdiction Delhi, India
- Annual Revenue₹73.00 Cr
FY 2018 · +186% YoY
- Net Loss-₹6.27 Cr
FY 2018 · -9% margin
- EBITDA-₹6.16 Cr
FY 2018 · -8% margin
Associated legal entities of MICROMAX ENERGY
MICROMAX ENERGY operates through Micromax Energy Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Micromax Energy Limited CIN U37100DL2010PLC209463 | Active | 18 Oct 2010 | Delhi, Delhi | ₹73.0 Cr | 11 | 4 | View details |
Board of directors of Micromax Energy Limited (MICROMAX ENERGY)
Micromax Energy Limited is the primary company behind MICROMAX ENERGY. The board of Micromax Energy Limited currently have 4 directors; the longest-serving is Vikas Jain, appointed in 2010. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Jain DIN 00331624 | Director | 18 Oct 2010 | 16 yrs | Micromax Energy Limited |
| Rajesh Agarwal DIN 00060434 | Director | 18 Oct 2010 | 16 yrs | Micromax Energy Limited |
| Rahul Sharma DIN 00060485 | Director | 18 Oct 2010 | 16 yrs | Micromax Energy Limited |
| Sumeet Kumar DIN 00060398 | Director | 18 Oct 2010 | 16 yrs | Micromax Energy Limited |
Financials of MICROMAX ENERGY
Figures of Micromax Energy Limited, the primary company behind MICROMAX ENERGY, for FY 2018. Revenue was ₹73.00 Cr (+186% year on year). Net loss was -₹6.27 Cr (-9% margin). EBITDA was -₹6.16 Cr (-8% margin). Revenue has grown at a compounded annual rate of +11876% over three years.
- ₹73.00 CrRevenue · FY 2018 · +186% YoY
- -₹6.27 CrNet loss · -9% margin
- -₹6.16 CrEBITDA · -8% margin
- ₹5 LakhPaid-up capital
- 11Employees (provident fund records)
- +11876%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Micromax Energy Limited are on its company page.
Detailed financial statements for MICROMAX ENERGY
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Competitors of MICROMAX ENERGY
MICROMAX ENERGY has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of MICROMAX ENERGY
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Related news about Micromax Energy
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Frequently Asked Questions about MICROMAX ENERGY
MICROMAX ENERGY was founded in 2010.
MICROMAX ENERGY is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind MICROMAX ENERGY, Micromax Energy Limited, reported revenue of ₹73.00 Cr for FY 2018, up 186% year on year.
MICROMAX ENERGY produces high-quality solar panels and renewable energy products, focusing on solar, wind, battery storage, inverters, and ev charging, focusing on working in the energy sector, promoting renewable energy, solar and wind products, and panel manufacturing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
MICROMAX ENERGY's top competitors include Servoteh, Borosil Renewables and Nessa.
MICROMAX ENERGY operates through Micromax Energy Limited.
The legal entities of MICROMAX ENERGY currently have 4 directors, including Vikas Jain, Rajesh Agarwal, Rahul Sharma and others.