Racold

Pune, India Founded: 1999 • Age: 27 yrs
Water heating solutions, including geysers and heaters, are offered by Racold in India.

About Racold

Racold is an Energy & Utilities company based in Pune (India) founded in 1999. It operates as a water heating solutions, including geysers and heaters, are offered by Racold in India. It operates in the Energy & Utilities and Consumer sectors. The company has 131 employees. Its website racold.com draws about 131 thousand monthly visits. Its Indian entity Ariston Group India Private Limited reported revenue of β‚Ή405 Cr. Racold offers products and services including Electric Storage Geysers and Instant Geysers. Its focus areas include Home Appliances, Energy Solutions, Solar Heating and Renewable Energy Devices.

Company details

Racold is identified as a prominent provider of water heating solutions, having been established under Ariston, with a wide array of products such as electric, gas, solar, and heat pump geysers that address various needs. These solutions are developed to emphasize energy efficiency and safety features, drawing on technological advancements over decades. Customer requirements are met through innovative designs that incorporate smart controls and durable materials, ensuring reliable performance in Indian households. The brands commitment to quality is reflected in its extensive portfolio, which supports everyday comfort without excessive energy consumption.

  • Headquarters Pune, India
  • Employees 131
  • Sectors
    Energy & Utilities
    Consumer
  • Email
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  • Phone
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  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Ariston Group India Private Limited
  • Date of Incorporation 10 Aug, 2016
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹405 Cr

    FY 2025 · +5% YoY

  • Net Loss
    -₹16.26 Cr

    FY 2025 · -4% margin

  • EBITDA
    -₹14.23 Cr

    FY 2025 · -4% margin

  • Employee Count
    131

Products & Services of Racold

Racold offers a comprehensive portfolio of products and services, including Electric Storage Geysers and Instant Geysers.

Electric Storage Geysers
Water Heaters

Water is stored and heated using electricity in these devices, which are designed for household use

Instant Geysers
Water Heaters

On-demand heating of water is provided by these units, which are typically utilized for quick hot water supply in smaller settings

Apps and channels of Racold

its YouTube channel Racold has 206K subscribers and 30 videos.

Racold
YouTube 206K subscribers 30 videos Science & Technology
Open channel

Videos from Racold

The most watched videos on Racold's YouTube channel, Racold (206K subscribers). Click a video to play it here.

Seek Your Way To Liberation With Racold Water Heaters - Hindi | Racold
9.6M views
Seek Your Way To Liberation With Racold Water Heaters - English | Racold
8.5M views
Seek Your Way To Liberation With Racold Water Heaters English | Racold
4.3M views
Seek Your Way To Liberation With Racold Water Heaters - Hindi | Racold
4.3M views

More on Racold .

Board of directors of Ariston Group India Private Limited (Racold)

Ariston Group India Private Limited is the primary company behind Racold. The board of Ariston Group India Private Limited currently have 3 directors; the longest-serving is Mohit Narula, appointed in 2019. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mohit Narula
DIN 08462359
Managing Director31 May 20197 yrs 4 moAriston Group India Private Limited
Umberto Gaspare Crovella
DIN 09080996
Director01 Dec 20241 yr 10 moAriston Group India Private Limited
Ninad Jaiprakash Shelar
DIN 10862353
Director15 Feb 20251 yr 8 moAriston Group India Private Limited

People of Racold

9 people are tracked at Racold (5 in leadership, 4 in team); the tracked headcount is 131.

NameRoleGroup
Vikram Raman
Vice President - Marketing & E-commerceLeadership
Vice President - FinanceLeadership
Managing DirectorLeadership
Sriman Narain
Vice President - SalesLeadership
Abhijit Banshelkikar
General Manager - R&dLeadership
Nishan Das
Brand Communications ManagerTeam
Geeta Kadam
Manager -material Planning And LogisticsTeam
Mukund Bandre
Sr. Manager - I.t.Team
Vivek Jangale
EnggineerTeam
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Financials of Racold

Figures of Ariston Group India Private Limited, the primary company behind Racold, for FY 2025. Revenue was ₹405 Cr (+5% year on year). Net loss was -₹16.26 Cr (-4% margin). EBITDA was -₹14.23 Cr (-4% margin). Revenue has grown at a compounded annual rate of +2% over three years and +12% over five years.

  • ₹405 CrRevenue · FY 2025 · +5% YoY
  • -₹16.26 CrNet loss · -4% margin
  • -₹14.23 CrEBITDA · -4% margin
  • ₹75.75 CrPaid-up capital
  • 131Employees (provident fund records)
  • +2%Revenue CAGR, 3 years
  • +12%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ariston Group India Private Limited are on its company page.

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Detailed financial statements for Racold

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Web traffic of Racold

The website of Racold (racold.com) receives about 131.3K visits a month.

  • Monthly visits
    131.3K

    ▲ 8.6% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 17 similar websites and full traffic analytics for Racold

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Top companies in Renewable & Sustainable Energy

10 companies that operate in the same segment as Racold (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 2.81 BUSD 17.62 K5,752
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Related news about Racold

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Complete news archive for Racold

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Frequently Asked Questions about Racold

Racold was founded in 1999.

Racold is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Racold has 131 employees.

The primary company behind Racold, Ariston Group India Private Limited, reported revenue of β‚Ή405 Cr for FY 2025, up 5% year on year.

Racold is identified as a prominent provider of water heating solutions, having been established under Ariston, with a wide array of products such as electric, gas, solar, and heat pump geysers that address various needs. These solutions are developed to emphasize energy efficiency and safety features, drawing on technological advancements over decades. Customer requirements are met through innovative designs that incorporate smart controls and durable materials, ensuring reliable performance in Indian households. The brands commitment to quality is reflected in its extensive portfolio, which supports everyday comfort without excessive energy consumption.

Racold offers Electric Storage Geysers and Instant Geysers.

Racold operates through Ariston Group India Private Limited.

The legal entities of Racold currently have 4 directors, including Mohit Narula, Arati Ashok Godbole, Umberto Gaspare Crovella and others.

The website of Racold receives about 131 thousand visits a month.

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