About Parakeet Power
Parakeet Power is an Industrial Goods & Manufacturing company based in India. LED lighting products and energy-saving solutions in India. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. Its Indian entity Parakeet Power Pvt Ltd reported revenue of ₹7.7 Lakh. Parakeet Power offers products and services including LED Lamps and LED Flood Lights. Its focus areas include Manufacturing, Electronics, Lighting Products and LED Manufacturing.
Company details
Parakeet Power is identified as a provider of LED lamps, flood lights, and street lights that are designed to facilitate energy savings and reduced consumption. Total quality management is implemented as an ongoing process, incorporating features such as longer life spans up to 25 years, flicker-free operation, and high CRI for efficient illumination. Products are positioned for indoor and outdoor use, with elegant designs and wide voltage ranges being highlighted. Located in Gujarat, India, these offerings are directed towards sustainable lighting solutions, emphasizing compact sizes and instant starts in their development.
- Headquarters India
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
- Website parakeetpower.com
- Legal Name Parakeet Power Pvt. Ltd.
- Date of Incorporation 18 Apr, 1995
- Jurisdiction Rajkot, Gujarat, India
- Annual Revenue₹7.7 Lakh
FY 2024 · -27% YoY
- Net Profit₹7,000
FY 2024 · 1% margin
- EBITDA₹3.1 Lakh
FY 2024 · 41% margin
Associated legal entities of Parakeet Power
Parakeet Power operates through Parakeet Power Pvt Ltd (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 |
|---|---|---|---|---|---|---|---|
| Parakeet Power Pvt Ltd CIN U40106GJ1995PTC025484 | Active | 18 Apr 1995 | Rajkot, Gujarat | ₹0.1 Cr | 2 | View details |
Products & Services of Parakeet Power
Parakeet Power offers a comprehensive portfolio of products and services, including LED Lamps and LED Flood Lights.
Energy-efficient LED lamps are produced for indoor use with features like omni-directional illumination
LED flood lights are manufactured for outdoor applications to achieve lower consumption and energy savings
Board of directors of Parakeet Power Pvt Ltd (Parakeet Power)
Parakeet Power Pvt Ltd is the primary company behind Parakeet Power. The board of Parakeet Power Pvt Ltd currently have 2 directors; the longest-serving is Dhruv Rameshbhai Vadhadia, appointed in 2011. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhruv Rameshbhai Vadhadia DIN 03586536 | Director | 08 Aug 2011 | 15 yrs 3 mo | Parakeet Power Pvt Ltd |
| Rameshchandra Thakarshibhai Patel DIN 00146743 | Director | 19 Feb 2021 | 5 yrs 8 mo | Parakeet Power Pvt Ltd |
Financials of Parakeet Power
Figures of Parakeet Power Pvt Ltd, the primary company behind Parakeet Power, for FY 2024. Revenue was ₹7.7 Lakh (-27% year on year). Net profit was ₹7,000 (1% margin). EBITDA was ₹3.1 Lakh (41% margin). Revenue has grown at a compounded annual rate of -32% over three years and -35% over five years.
- ₹7.7 LakhRevenue · FY 2024 · -27% YoY
- ₹7,000Net profit · 1% margin
- ₹3.1 LakhEBITDA · 41% margin
- ₹18.4 LakhPaid-up capital
- -32%Revenue CAGR, 3 years
- -35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Parakeet Power Pvt Ltd are on its company page.
Detailed financial statements for Parakeet Power
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
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Top companies in PCB & Electronic Components
3 companies that operate in the same segment as Parakeet Power (PCB & Electronic Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufactures energy meters, monitors, and switchgear for power management and industrial applications. | 2004 | Bengaluru, Karnataka, India | ||||
Gala Precision Engineering is engaged in manufacturing precision components. | 2009 | Thane, Maharashtra, India | USD 34.1 M | 295 | ||
Electronic safety embedded systems are manufactured for railway transport. | 2002 | Bengaluru, Karnataka, India | 383 |
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Frequently Asked Questions about Parakeet Power
Parakeet Power is headquartered in India.
The primary company behind Parakeet Power, Parakeet Power Pvt Ltd, reported revenue of ₹7.7 Lakh for FY 2024, down 27% year on year.
Parakeet Power is identified as a provider of LED lamps, flood lights, and street lights that are designed to facilitate energy savings and reduced consumption. Total quality management is implemented as an ongoing process, incorporating features such as longer life spans up to 25 years, flicker-free operation, and high CRI for efficient illumination. Products are positioned for indoor and outdoor use, with elegant designs and wide voltage ranges being highlighted. Located in Gujarat, India, these offerings are directed towards sustainable lighting solutions, emphasizing compact sizes and instant starts in their development.
Parakeet Power offers LED Lamps and LED Flood Lights.
Parakeet Power operates through Parakeet Power Pvt Ltd.
The legal entities of Parakeet Power currently have 2 directors, including Dhruv Rameshbhai Vadhadia, Rameshchandra Thakarshibhai Patel.