About Steelite Energy
Steelite Energy is an Energy & Utilities company based in Mumbai (India). It provides comprehensive solar and wind planning and design services. It operates on a B2B model. Its Indian entity Steelite Engineering Limited reported revenue of ₹12.3 Lakh. Its focus areas include Energy, Renewable Energy, Planning and Design and Solar and Wind Systems. Its competitors include Fourth Partner Energy and Sterling And Wilson; 2 of its 2 listed competitors have raised funding.
Company details
Steelite Energy operates with a B2B model, focusing on working in the energy sector, promoting renewable energy, planning and design, and solar and wind systems. Provides comprehensive solar and wind planning and design services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Mumbai, India
- SectorsEnergy & Utilities
- Website steeliteenergy.com
- Legal Name Steelite Engineering Limited
- Date of Incorporation 15 Mar, 1979
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹12.3 Lakh
FY 2023 · -99% YoY
- EBITDA₹4.2 Lakh
FY 2023 · 34% margin
Associated legal entities of Steelite Energy
Steelite Energy operates through Steelite Engineering Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Steelite Engineering Limited CIN U99999MH1979PLC021113 | Active | 15 Mar 1979 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | 3 | View details |
Board of directors of Steelite Engineering Limited (Steelite Energy)
Steelite Engineering Limited is the primary company behind Steelite Energy. The board of Steelite Engineering Limited currently have 3 directors; the longest-serving is Mahendra Popatlal Shah, appointed in 1979.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahendra Popatlal Shah DIN 01928399 | Director | 15 Mar 1979 | 47 yrs 7 mo | Steelite Engineering Limited |
| Nikhil Mahendra Shah DIN 01906988 | Director | 20 Oct 1994 | 32 yrs | Steelite Engineering Limited |
| Samir Mahendra Shah DIN 00952590 | Director | 20 Oct 1994 | 32 yrs | Steelite Engineering Limited |
Financials of Steelite Energy
Figures of Steelite Engineering Limited, the primary company behind Steelite Energy, for FY 2023. Revenue was ₹12.3 Lakh (-99% year on year). EBITDA was ₹4.2 Lakh (34% margin). Revenue has grown at a compounded annual rate of -71% over three years and -71% over five years.
- ₹12.3 LakhRevenue · FY 2023 · -99% YoY
- ₹4.2 LakhEBITDA · 34% margin
- ₹3.48 CrPaid-up capital
- 2Employees (provident fund records)
- -71%Revenue CAGR, 3 years
- -71%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Steelite Engineering Limited are on its company page.
Detailed financial statements for Steelite Energy
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Competitors of Steelite Energy
Steelite Energy has 2 listed competitors in our database, 2 of them funded. They include Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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 competitors of Steelite Energy
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Steelite Energy (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 Steelite Energy
Steelite Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Steelite Energy, Steelite Engineering Limited, reported revenue of ₹12.3 Lakh for FY 2023, down 99% year on year.
Steelite Energy operates with a B2B model, focusing on working in the energy sector, promoting renewable energy, planning and design, and solar and wind systems. Provides comprehensive solar and wind planning and design services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Steelite Energy's top competitors include Fourth Partner Energy and Sterling And Wilson.
Steelite Energy operates through Steelite Engineering Limited.
The legal entities of Steelite Energy currently have 3 directors, including Nikhil Mahendra Shah, Samir Mahendra Shah, Mahendra Popatlal Shah.