About Nextray Technologies
Nextray Technologies is an Energy & Utilities company based in Vadodara (India) founded in 2004 by Hardik Patel and Chinkesh Patel. It operates as an industrial and residential lighting systems are manufactured. The company has 52 employees. Its Indian entity Nextray Technologies Private Limited reported revenue of ₹22.93 Cr. Its focus areas include Energy and Energy Efficiency.
Company details
Nextray Technologies was established in 2004 in Vadodara, India, as a manufacturer focused on the lighting sector. Industrial and residential lighting systems are produced for various applications. Operations are centered in India, with co-founders Hardik Patel and Chinkesh Patel overseeing activities. The company maintains a domain at nextray-tech.com for its online presence. Details on directorship and PAN are associated with Hardik Patel.
- Headquarters Vadodara, India
- Employees 52
- Founders Hardik Patel, Chinkesh Patel
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website nextray-tech.com
- Social LinkedIn Facebook
- Legal Name Nextray Technologies Private Limited
- Date of Incorporation 20 Oct, 2020
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹22.93 Cr
FY 2025 · +29% YoY
- Net Profit₹41.2 Lakh
FY 2025 · 2% margin
- EBITDA₹1.80 Cr
FY 2025 · 8% margin
- Employee Count52
Associated legal entities of Nextray Technologies
Nextray Technologies operates through Nextray Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nextray Technologies Private Limited CIN U31900GJ2020PTC117509 | Active | 20 Oct 2020 | Vadodara, Gujarat | ₹22.9 Cr | 52 | 4 | View details |
Board of directors of Nextray Technologies Private Limited (Nextray Technologies)
Nextray Technologies Private Limited is the primary company behind Nextray Technologies. The board of Nextray Technologies Private Limited currently have 4 directors; the longest-serving is Chinkeshkumar Jagdishbhai Patel, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chinkeshkumar Jagdishbhai Patel DIN 08927461 | Director | 20 Oct 2020 | 5 yrs 11 mo | Nextray Technologies Private Limited |
| Hardik Amrutbhai Patel DIN 08927460 | Director | 20 Oct 2020 | 5 yrs 11 mo | Nextray Technologies Private Limited |
| Sanjay Gunvantlal Mehta DIN 03575132 | Nominee Director | 29 Mar 2025 | 1 yr 6 mo | Nextray Technologies Private Limited |
| Ketul Ramanbhai Patel DIN 11027430 | Director | 29 Mar 2025 | 1 yr 6 mo | Nextray Technologies Private Limited |
People of Nextray Technologies
2 people are tracked at Nextray Technologies (2 in leadership); the tracked headcount is 52.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Chinkesh Patel | Co-Founder | Leadership |
Complete people profiles for Nextray Technologies
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Financials of Nextray Technologies
Figures of Nextray Technologies Private Limited, the primary company behind Nextray Technologies, for FY 2025. Revenue was ₹22.93 Cr (+29% year on year). Net profit was ₹41.2 Lakh (2% margin). EBITDA was ₹1.80 Cr (8% margin). Revenue has grown at a compounded annual rate of +30% over three years.
- ₹22.93 CrRevenue · FY 2025 · +29% YoY
- ₹41.2 LakhNet profit · 2% margin
- ₹1.80 CrEBITDA · 8% margin
- ₹1.7 LakhPaid-up capital
- 52Employees (provident fund records)
- +30%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Nextray Technologies Private Limited are on its company page.
Detailed financial statements for Nextray Technologies
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Top companies in Energy Efficiency & Conservation
10 companies that operate in the same segment as Nextray Technologies (Energy Efficiency & Conservation), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial climate control solutions, including dehumidification and cooling, are provided. | 1955 | Beverly, Massachusetts, United States | – | USD 1.6 B | 5,410 | |
Thin-film processing equipment is manufactured for LEDs and MEMS. | 1945 | Plainview, Texas, United States | – | USD 664.29 M | 1,230 | |
Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | Chiyoda, Tokyo, Japan | – | – | – | |
Commercial HVAC solutions in air conditioning and refrigeration are manufactured. | 1902 | Palm Beach Gardens, Florida, United States | – | USD 21.75 B | 48,000 | |
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | – | USD 137.05 M | 1,840 | |
Electricity is distributed by Energisa in Brazilian regions. | 1905 | Rio De Janeiro, Rio De Janeiro, Brazil | – | USD 6.47 B | 17,410 | |
HVAC equipment for commercial applications is manufactured. | 1988 | Tulsa, Oklahoma, United States | – | USD 1.44 B | 4,810 | |
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 | |
Electronics, lighting, and smart consumer products are developed. | 1886 | Pittsburgh, Pennsylvania, United States | USD 1.1 M | – | – | |
Electrical and digital solutions for building infrastructures are provided. | 1860 | Limoges, Haute-vienne, France | – | USD 11.14 B | 34,900 |
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Frequently Asked Questions about Nextray Technologies
Nextray Technologies was founded in 2004.
Nextray Technologies is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Nextray Technologies has 52 employees.
The primary company behind Nextray Technologies, Nextray Technologies Private Limited, reported revenue of ₹22.93 Cr for FY 2025, up 29% year on year.
Nextray Technologies was established in 2004 in Vadodara, India, as a manufacturer focused on the lighting sector. Industrial and residential lighting systems are produced for various applications. Operations are centered in India, with co-founders Hardik Patel and Chinkesh Patel overseeing activities. The company maintains a domain at nextray-tech.com for its online presence. Details on directorship and PAN are associated with Hardik Patel.
Nextray Technologies operates through Nextray Technologies Private Limited.
The legal entities of Nextray Technologies currently have 4 directors, including Sanjay Gunvantlal Mehta, Chinkeshkumar Jagdishbhai Patel, Hardik Amrutbhai Patel and others.