About TRIOSOLAR
TRIOSOLAR was an Energy & Utilities company based in Chennai (India) founded in 2015. It manufactures high-quality solar water heaters, pumps, street lights, air conditioners, and related products. It operates on a B2B model. Its Indian entity Trio Solar Private Limited reported revenue of ₹48.28 Cr. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Products and Manufacturing. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
TRIOSOLAR, based in Chennai, focuses on working in the energy sector, promoting renewable energy, solar products, and producing manufactured goods. Manufactures high-quality solar water heaters, pumps, street lights, air conditioners, and related products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Chennai, India
- SectorsEnergy & Utilities
- Website triosolar.co.in
- Social Facebook
- Legal Name Trio Solar Private Limited
- Date of Incorporation 19 May, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹48.28 Cr
FY 2024 · +45% YoY
- Net Profit₹1.18 Cr
FY 2024 · 2% margin
- EBITDA₹2.38 Cr
FY 2024 · 5% margin
Associated legal entities of TRIOSOLAR
TRIOSOLAR operates through Trio Solar 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 |
|---|---|---|---|---|---|---|---|
| Trio Solar Private Limited CIN U52100TN2015PTC100563 | Active | 19 May 2015 | Chennai, Tamil Nadu | ₹48.3 Cr | 2 | View details |
Board of directors of Trio Solar Private Limited (TRIOSOLAR)
Trio Solar Private Limited is the primary company behind TRIOSOLAR. The board of Trio Solar Private Limited currently have 2 directors; the longest-serving is Anusha Balakumar, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anusha Balakumar DIN 05132738 | Director | 19 May 2015 | 11 yrs 5 mo | Trio Solar Private Limited |
| Keerthy DIN 08059966 | Additional Director | 23 Jan 2018 | 8 yrs 9 mo | Trio Solar Private Limited |
Financials of TRIOSOLAR
Figures of Trio Solar Private Limited, the primary company behind TRIOSOLAR, for FY 2024. Revenue was ₹48.28 Cr (+45% year on year). Net profit was ₹1.18 Cr (2% margin). EBITDA was ₹2.38 Cr (5% margin). Revenue has grown at a compounded annual rate of +157% over three years and +74% over five years.
- ₹48.28 CrRevenue · FY 2024 · +45% YoY
- ₹1.18 CrNet profit · 2% margin
- ₹2.38 CrEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- +157%Revenue CAGR, 3 years
- +74%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Trio Solar Private Limited are on its company page.
Detailed financial statements for TRIOSOLAR
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- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of TRIOSOLAR
TRIOSOLAR has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of TRIOSOLAR
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- Full competitor set
- Operating metrics
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as TRIOSOLAR (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 TRIOSOLAR
TRIOSOLAR was founded in 2015.
TRIOSOLAR is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind TRIOSOLAR, Trio Solar Private Limited, reported revenue of ₹48.28 Cr for FY 2024, up 45% year on year.
TRIOSOLAR, based in Chennai, focuses on working in the energy sector, promoting renewable energy, solar products, and producing manufactured goods. Manufactures high-quality solar water heaters, pumps, street lights, air conditioners, and related products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
TRIOSOLAR's top competitors include Servoteh, Borosil Renewables and Nessa.
TRIOSOLAR operates through Trio Solar Private Limited.
The legal entities of TRIOSOLAR currently have 2 directors, including Anusha Balakumar, Keerthy.