About Newen Systems
Newen Systems is an Energy & Utilities company based in Vadodara (India) founded in 2020 by Nitin Sharma and Nitesh Bhutada. Battery energy storage systems and power electronics solutions are provided. The company has 58 employees. Its chief executive, as recorded, is Nitin Sharma. Its Indian entity Newen Systems Private Limited reported revenue of ₹101 Cr. Newen Systems offers products and services including Bi-Directional Inverters, DC-DC Converters, and Energy Management Systems. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Hybrid. Its competitors include Borosil Renewables, Statcon Energiaa and Servoteh.
Company details
Newen Systems was founded in 2020 in Vadodara, India, within the renewable energy sector. Bi-directional inverters, DC-DC converters, and energy management systems are delivered by the company. System integration, modeling, simulation, and design services are offered. Solutions are provided for utility-scale energy storage, microgrids, and e-mobility infrastructure, supporting operations in power electronics and storage applications.
- Headquarters Vadodara, India
- Employees 58
- Founders Nitin Sharma, Nitesh Bhutada
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website newensystems.com
- Social LinkedIn YouTube
- Legal Name Newen Systems Private Limited
- Date of Incorporation 13 Aug, 2020
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹101 Cr
FY 2025 · +87% YoY
- Net Profit₹6.93 Cr
FY 2025 · 7% margin
- EBITDA₹16.90 Cr
FY 2025 · 17% margin
- Employee Count58
Associated legal entities of Newen Systems
Newen Systems is associated with 2 registered companies on The Company Check; the primary company is Newen Systems Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Newen Systems Private Limited CIN U31900GJ2020PTC173495 | Active | 13 Aug 2020 | Pune, Maharashtra | ₹101 Cr | 58 | 3 | View details |
| Newen Systems Private Limited CIN U31900PN2020PTC192936 | 13 Aug 2020 | Pune, Maharashtra, India | View details |
Products & Services of Newen Systems
Newen Systems offers a comprehensive portfolio of products and services, including Bi-Directional Inverters, DC-DC Converters, and Energy Management Systems.
Devices for energy conversion in storage systems.
Converters for efficient energy management.
Systems for monitoring and optimizing energy resources.
Apps and channels of Newen Systems
its YouTube channel Newen Systems Private Limited has 123 subscribers and 13 videos.
Videos from Newen Systems
The most watched videos on Newen Systems's YouTube channel, Newen Systems Private Limited (123 subscribers). Click a video to play it here.
More on Newen Systems Private Limited.
Board of directors of Newen Systems Private Limited (Newen Systems)
Newen Systems Private Limited is the primary company behind Newen Systems. The board of Newen Systems Private Limited currently have 3 directors; the longest-serving is Nitin Sharma, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Sharma DIN 08833146 | Director | 13 Aug 2020 | 6 yrs 2 mo | Newen Systems Private Limited |
| Akhil Katara DIN 09754750 | Director | 04 Oct 2022 | 4 yrs | Newen Systems Private Limited |
| Nitesh Dwarkaprasad Bhutada DIN 08833145 | Director | 12 Mar 2025 | 1 yr 7 mo | Newen Systems Private Limited |
People of Newen Systems
13 people are tracked at Newen Systems (4 in leadership, 9 in team); the tracked headcount is 58.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Director | Leadership | |
Bhasker Reddy | Regional Head | Leadership |
Kashish Arora | Founder's Office | Leadership |
Nambi Ramanujam | Lead Operations | Team |
Mahi Maheshwari | Full-time | Team |
Navneetsingh Rajput | Management Representative | Team |
Mayur Ghiya | Human Resources Lead | Team |
Dhruvi Sharma | Human Resources | Team |
Anjali Thakkar | Human Resources | Team |
Hitesh Karavadra | Engineer (project Management & Execution) | Team |
Vinayak Kathare | Business Development | Team |
Kismatkumar Prajapati | IQC Engineer | Team |
Complete people profiles for Newen Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Newen Systems
Figures of Newen Systems Private Limited, the primary company behind Newen Systems, for FY 2025. Revenue was ₹101 Cr (+87% year on year). Net profit was ₹6.93 Cr (7% margin). EBITDA was ₹16.90 Cr (17% margin). Revenue has grown at a compounded annual rate of +318% over three years.
- ₹101 CrRevenue · FY 2025 · +87% YoY
- ₹6.93 CrNet profit · 7% margin
- ₹16.90 CrEBITDA · 17% margin
- ₹51 LakhPaid-up capital
- 58Employees (provident fund records)
- +318%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Newen Systems Private Limited are on its company page.
Detailed financial statements for Newen Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Newen Systems
Newen Systems has 3 listed competitors in our database. They include Borosil Renewables, Statcon Energiaa and Servoteh.
| 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. | ||
| energiaa.in | 1991 | Noida, India | 193 | Manufactures power converters and inverters for energy, defense, and industrial applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs |
Detailed competitors of Newen Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Newen Systems
The website of Newen Systems (newensystems.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 10.8% vs previous month
Websites whose visitors overlap most with Newen Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
acemusic.in | acemusic.in | 100% | #2,036,620 | – |
Top companies in Energy Storage Systems
2 companies that operate in the same segment as Newen Systems (Energy Storage Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
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 Newen Systems
Newen Systems was founded in 2020.
Newen Systems is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Nitin Sharma is the CEO of Newen Systems, as recorded in our data. They have also founded this company.
Newen Systems has 58 employees.
The primary company behind Newen Systems, Newen Systems Private Limited, reported revenue of ₹101 Cr for FY 2025, up 87% year on year.
Newen Systems was founded in 2020 in Vadodara, India, within the renewable energy sector. Bi-directional inverters, DC-DC converters, and energy management systems are delivered by the company. System integration, modeling, simulation, and design services are offered. Solutions are provided for utility-scale energy storage, microgrids, and e-mobility infrastructure, supporting operations in power electronics and storage applications.
Newen Systems's top competitors include Servoteh, Borosil Renewables and Statcon Energiaa.
Newen Systems offers Bi-Directional Inverters, DC-DC Converters, and Energy Management Systems.
Newen Systems operates through Newen Systems Private Limited.
The legal entities of Newen Systems currently have 3 directors, including Akhil Katara, Nitesh Dwarkaprasad Bhutada, Nitin Sharma.