About Prana Solar
Prana Solar is an Energy & Utilities company based in Thiruvananthapuram (India) founded in 2012. It provides solar energy installations, maintenance, and consultations for homes, businesses, and industries across regions. It operates on a B2B and B2C model. Its Indian entity Prana Renewable Energy Private Limited reported revenue of ₹3.95 Cr. Prana Solar offers products and services including Solar Installation, System Designing, and Maintenance and Cleaning. Its focus areas include Energy, Renewable Energy, Solar Power and Maintenance Services. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
PRANA SOLAR focuses on engineering, procurement, and construction of solar systems to offer efficient renewable energy options. They handle installations, maintenance, and subsidies for residential, commercial, and industrial clients, promoting cost savings and sustainability. Based in Thiruvananthapuram, India, the company executes projects like solar power setups in various locations, ensuring reliable performance and environmental benefits through tailored solutions.
- Headquarters Thiruvananthapuram, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website pranasolar.com
- Social Facebook
- Legal Name Prana Renewable Energy Private Limited
- Date of Incorporation 06 Feb, 2017
- Jurisdiction Thiruvananthapuram, Kerala, India
- Annual Revenue₹3.95 Cr
FY 2024 · +62% YoY
- Net Profit₹7.6 Lakh
FY 2024 · 2% margin
- EBITDA₹15.2 Lakh
FY 2024 · 4% margin
Associated legal entities of Prana Solar
Prana Solar operates through Prana Renewable Energy Private Limited (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 |
|---|---|---|---|---|---|---|---|
| Prana Renewable Energy Private Limited CIN U40106KL2017PTC048012 | Active | 06 Feb 2017 | Thiruvananthapuram, Kerala | ₹4.0 Cr | 4 | View details |
Products & Services of Prana Solar
Prana Solar offers a comprehensive portfolio of products and services, including Solar Installation, System Designing, and Maintenance and Cleaning.
Handles installation of solar panels for efficient energy generation and cost reduction.
Designs customized solar systems for residential and commercial applications.
Offers routine upkeep to ensure long-term performance of solar systems.
Board of directors of Prana Renewable Energy Private Limited (Prana Solar)
Prana Renewable Energy Private Limited is the primary company behind Prana Solar. The board of Prana Renewable Energy Private Limited currently have 4 directors; the longest-serving is Thomas Joseph Therakathu, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thomas Joseph Therakathu DIN 07671607 | Director | 06 Feb 2017 | 9 yrs 8 mo | Prana Renewable Energy Private Limited |
| Kadasseril Vinayraj Muralidharannair DIN 07671608 | Director | 06 Feb 2017 | 9 yrs 8 mo | Prana Renewable Energy Private Limited |
| Anirban Sil DIN 07671598 | Director | 06 Feb 2017 | 9 yrs 8 mo | Prana Renewable Energy Private Limited |
| Vipin Ampadiyil Sadanandan DIN 06430763 | Director | 01 Oct 2017 | 9 yrs 1 mo | Prana Renewable Energy Private Limited |
Financials of Prana Solar
Figures of Prana Renewable Energy Private Limited, the primary company behind Prana Solar, for FY 2024. Revenue was ₹3.95 Cr (+62% year on year). Net profit was ₹7.6 Lakh (2% margin). EBITDA was ₹15.2 Lakh (4% margin). Revenue has grown at a compounded annual rate of +19% over three years and +20% over five years.
- ₹3.95 CrRevenue · FY 2024 · +62% YoY
- ₹7.6 LakhNet profit · 2% margin
- ₹15.2 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- +19%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prana Renewable Energy Private Limited are on its company page.
Detailed financial statements for Prana Solar
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- Financial ratios
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Similar companies to Prana Solar
Prana Solar has 3 listed similar companies in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed similar companies of Prana Solar
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Web traffic of Prana Solar
The website of Prana Solar (pranasolar.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 256.1% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Prana Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Prana Solar
Prana Solar was founded in 2012.
Prana Solar is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
The primary company behind Prana Solar, Prana Renewable Energy Private Limited, reported revenue of ₹3.95 Cr for FY 2024, up 62% year on year.
PRANA SOLAR focuses on engineering, procurement, and construction of solar systems to offer efficient renewable energy options. They handle installations, maintenance, and subsidies for residential, commercial, and industrial clients, promoting cost savings and sustainability. Based in Thiruvananthapuram, India, the company executes projects like solar power setups in various locations, ensuring reliable performance and environmental benefits through tailored solutions.
Prana Solar's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
Prana Solar offers Solar Installation, System Designing, and Maintenance and Cleaning.
Prana Solar operates through Prana Renewable Energy Private Limited.
The legal entities of Prana Solar currently have 4 directors, including Vipin Ampadiyil Sadanandan, Thomas Joseph Therakathu, Kadasseril Vinayraj Muralidharannair and others.