About Mindra
Mindra is an Energy & Utilities company based in Ahmedabad (India) founded in 2017 by Dhairya Shah, Khushbu Shah, and Jainam Shah. It operates as a solar inverters are provided by Mindra for renewable energy applications. The company has 19 employees. Its chief executive is Dhairya Shah. Its Indian entity Mindra Green Energy Llp reported revenue of ₹35.50 Cr. Mindra offers products and services including Solar Inverters, Energy Storage System, and On Grid Systems. Its focus areas include Energy, Solar Energy, Hardware Developer and Balance of Systems. Its competitors include Sungrow, Fronius, MRO-TEK, Hoymiles Converter Technology and Consul NeoWatt and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Mindra provider of solar inverters through working in the energy sector, developing solar energy systems, hardware developer, balance of systems, and power electronics. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ahmedabad, India
- Employees 19
- Founders Dhairya Shah, Khushbu Shah, Jainam Shah
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website mindragreen.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Mindra Green Energy Llp
- Date of Incorporation 28 Dec, 2017
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹35.50 Cr
FY 2024
- Net Profit₹58.9 Lakh
FY 2024 · 2% margin
- EBITDA₹29 Lakh
FY 2024 · 1% margin
- Employee Count19
Associated legal entities of Mindra
Mindra operates through Mindra Green Energy Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mindra Green Energy Llp CIN AAL-5264 | Active | 28 Dec 2017 | Ahmedabad, Gujarat | ₹35.5 Cr | 19 | 3 | View details |
Products & Services of Mindra
Mindra offers a comprehensive portfolio of products and services, including Solar Inverters, Energy Storage System, and On Grid Systems.
Converts solar energy into usable electricity for residential use.
Stores energy from renewable sources for later use.
Provides grid-connected solar solutions for commercial needs.
Apps and channels of Mindra
its YouTube channel Mindra has 120 subscribers and 3 videos.
Videos from Mindra
The most watched videos on Mindra's YouTube channel, Mindra (120 subscribers). Click a video to play it here.
More on Mindra.
Board of directors of Mindra Green Energy Llp (Mindra)
Mindra Green Energy Llp is the primary company behind Mindra. The board of Mindra Green Energy Llp currently have 3 directors; the longest-serving is Jainam Miteshbhai Shah, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jainam Miteshbhai Shah DIN 08026113 | Designated Partner | 28 Dec 2017 | 8 yrs 9 mo | Mindra Green Energy Llp |
| Khushbu Dhavalbhai Shah DIN 08738305 | Designated Partner | 25 May 2020 | 6 yrs 4 mo | Mindra Green Energy Llp |
| Dhairya Miteshbhai Shah DIN 09138278 | Designated Partner | 30 Jun 2021 | 5 yrs 3 mo | Mindra Green Energy Llp |
People of Mindra
3 people are tracked at Mindra (3 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Mindra
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Mindra
Figures of Mindra Green Energy Llp, the primary company behind Mindra, for FY 2024. Revenue was ₹35.50 Cr. Net profit was ₹58.9 Lakh (2% margin). EBITDA was ₹29 Lakh (1% margin). Revenue has grown at a compounded annual rate of +37% over three years and +46% over five years.
- ₹35.50 CrRevenue · FY 2024
- ₹58.9 LakhNet profit · 2% margin
- ₹29 LakhEBITDA · 1% margin
- 19Employees (provident fund records)
- +37%Revenue CAGR, 3 years
- +46%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mindra Green Energy Llp are on its company page.
Detailed financial statements for Mindra
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Mindra
Mindra has 9 listed competitors in our database, 3 of them funded. They include Sungrow, Fronius, MRO-TEK, Hoymiles Converter Technology and Consul NeoWatt, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sungrowpower.com | 1997 | Hefei, China | – | – | PV Inverter and Power Storage developer | |
| fronius.com | 1945 | Indiana, United States | – | – | BoS units and grid-integrated inverters for solar plants are developed. | |
| mro-tek.com | 1984 | Bengaluru, India | – | 65 | Solar UPS, inverters, and charge controllers are manufactured by MRO-TEK. | |
| hoymiles.com | 2008 | Hangzhou, China | – | – | Hoymiles Converter Technology produces high-quality microinverters and power electronics for the solar industry. | |
| consulindia.com | 1981 | Chennai, India | $25M | – | Power backup products and solutions are manufactured for multiple sectors. | |
| bentek.com | 1985 | San Jose, United States | – | 189 | BoS products for solar systems are designed and manufactured. | |
| power-one.com | 1973 | Camarillo, United States | – | – | Energy-efficient power conversion solutions are designed and manufactured. | |
| solarbridgetech.com | 2004 | Austin, United States | $326M | – | Microinverters and monitoring solutions for solar systems are manufactured. | |
| ampt.com | 2007 | Fort Collins, United States | $35M | – | Ampt is focused on DC power management for PV systems. |
Detailed competitors of Mindra
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Mindra
The website of Mindra (mindragreen.com) receives about 1.6K visits a month.
- Monthly visits1.6K
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Mindra (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Mindra
Mindra was founded in 2017.
Mindra is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Dhairya Shah is the current CEO of Mindra. They have also founded this company.
Mindra has 19 employees.
The primary company behind Mindra, Mindra Green Energy Llp, reported revenue of ₹35.50 Cr for FY 2024.
Mindra provider of solar inverters through working in the energy sector, developing solar energy systems, hardware developer, balance of systems, and power electronics. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Mindra offers Solar Inverters, Energy Storage System, and On Grid Systems.
Mindra operates through Mindra Green Energy Llp.
The legal entities of Mindra currently have 3 directors, including Jainam Miteshbhai Shah, Khushbu Dhavalbhai Shah, Dhairya Miteshbhai Shah.