About Pickrenew Energy
Pickrenew Energy is an Energy & Utilities company based in Indore (India) founded in 2019. It provides solar and hybrid energy systems for homes, industries, and solar parks in Madhya Pradesh. It operates on a B2B model. Its Indian entity Pickrenew Energy Private Limited reported revenue of ₹77.40 Cr. Pickrenew Energy offers products and services including Solar Panels and Hybrid Energy Systems. Its focus areas include Energy, Renewable Energy, Hybrid and Energy Systems. Similar companies include Rays Power Infra, Amplus Solar and Fourth Partner Energy; 3 of its 3 listed similar companies have raised funding.
Company details
PickRenew Energy specializes in renewable energy, focusing on solar and hybrid systems for commercial, industrial, and residential clients. They deliver services including design, procurement, installation, commissioning, and maintenance. Based in Indore, Madhya Pradesh, India, they use business models like CAPEX and OPEX to ensure cost-effective, sustainable energy solutions, reducing reliance on fossil fuels and promoting environmental sustainability.
- Headquarters Indore, India
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website pickrenew.com
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- Legal Name Pickrenew Energy Private Limited
- Date of Incorporation 30 Aug, 2019
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹77.40 Cr
FY 2025 · +10% YoY
- Net Profit₹8.47 Cr
FY 2025 · 11% margin
- EBITDA₹11.71 Cr
FY 2025 · 15% margin
Associated legal entities of Pickrenew Energy
Pickrenew Energy operates through Pickrenew Energy 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 |
|---|---|---|---|---|---|---|---|
| Pickrenew Energy Private Limited CIN U40106MP2019PTC049474 | Active | 30 Aug 2019 | Indore, Madhya Pradesh | ₹77.4 Cr | 56 | 3 | View details |
Products & Services of Pickrenew Energy
Pickrenew Energy offers a comprehensive portfolio of products and services, including Solar Panels and Hybrid Energy Systems.
Devices for generating solar power and reducing electricity costs
Integrated systems for continuous power supply using solar and other sources
Board of directors of Pickrenew Energy Private Limited (Pickrenew Energy)
Pickrenew Energy Private Limited is the primary company behind Pickrenew Energy. The board of Pickrenew Energy Private Limited currently have 3 directors; the longest-serving is Sumit Kumar Somani, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumit Kumar Somani DIN 02621781 | Director | 30 Aug 2019 | 7 yrs 2 mo | Pickrenew Energy Private Limited |
| Ratan Devi Somani DIN 02623131 | Director | 30 Aug 2019 | 7 yrs 2 mo | Pickrenew Energy Private Limited |
| Amit Somani DIN 02747173 | Director | 06 Jan 2020 | 6 yrs 10 mo | Pickrenew Energy Private Limited |
Financials of Pickrenew Energy
Figures of Pickrenew Energy Private Limited, the primary company behind Pickrenew Energy, for FY 2025. Revenue was ₹77.40 Cr (+10% year on year). Net profit was ₹8.47 Cr (11% margin). EBITDA was ₹11.71 Cr (15% margin). Revenue has grown at a compounded annual rate of +45% over three years and +92% over five years.
- ₹77.40 CrRevenue · FY 2025 · +10% YoY
- ₹8.47 CrNet profit · 11% margin
- ₹11.71 CrEBITDA · 15% margin
- ₹11 LakhPaid-up capital
- 56Employees (provident fund records)
- +45%Revenue CAGR, 3 years
- +92%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pickrenew Energy Private Limited are on its company page.
Detailed financial statements for Pickrenew Energy
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- Five-year trends
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Similar companies to Pickrenew Energy
Pickrenew Energy has 3 listed similar companies in our database, 3 of them funded. They include Rays Power Infra, Amplus Solar and Fourth Partner Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| amplussolar.com | 2008 | Gurugram, India | $7.16M | 150 | Solar installation services and renewable energy solutions are provided. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. |
Detailed similar companies of Pickrenew Energy
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Frequently Asked Questions about Pickrenew Energy
Pickrenew Energy was founded in 2019.
Pickrenew Energy is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
The primary company behind Pickrenew Energy, Pickrenew Energy Private Limited, reported revenue of ₹77.40 Cr for FY 2025, up 10% year on year.
PickRenew Energy specializes in renewable energy, focusing on solar and hybrid systems for commercial, industrial, and residential clients. They deliver services including design, procurement, installation, commissioning, and maintenance. Based in Indore, Madhya Pradesh, India, they use business models like CAPEX and OPEX to ensure cost-effective, sustainable energy solutions, reducing reliance on fossil fuels and promoting environmental sustainability.
Pickrenew Energy's top competitors include Rays Power Infra, Fourth Partner Energy and Amplus Solar.
Pickrenew Energy offers Solar Panels and Hybrid Energy Systems.
Pickrenew Energy operates through Pickrenew Energy Private Limited.
The legal entities of Pickrenew Energy currently have 3 directors, including Sumit Kumar Somani, Ratan Devi Somani, Amit Somani.