About Truesun Energy solution
Truesun Energy solution is an Energy & Utilities company based in Mumbai (India) founded in 2019. It offers rooftop solar systems and consulting for commercial, industrial, and residential clients. It operates on a B2B and B2C model. Its Indian entity Truesun Energy Solutions Private Limited reported revenue of ₹4.9 Lakh. Truesun Energy solution offers products and services including Rooftop Solar System and Consulting Services. Its focus areas include Energy, Renewable Energy, Consulting and Carbon Footprinting. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Truesun Energy, headquartered in Mumbai, India, specializes in promoting clean energy through rooftop solar installations for industrial, commercial, and residential sectors. They handle site audits, design, installation, commissioning, and maintenance while providing consulting on carbon footprinting and decarbonization strategies. The company supports clients in financial analysis, technical guidance, and net metering, having worked with real estate firms, schools, and other organizations to reduce electricity costs and carbon emissions. Their services aim to make solar adoption simpler and faster.
- Headquarters Mumbai, India
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website truesun.in
- Social LinkedIn X Facebook Instagram
- Legal Name Truesun Energy Solutions Private Limited
- Date of Incorporation 01 Jan, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4.9 Lakh
FY 2024 · -26% YoY
- Net Loss-₹8.2 Lakh
FY 2024 · -168% margin
- EBITDA-₹8 Lakh
FY 2024 · -163% margin
Associated legal entities of Truesun Energy solution
Truesun Energy solution operates through Truesun Energy Solutions 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 |
|---|---|---|---|---|---|---|---|
| Truesun Energy Solutions Private Limited CIN U74999MH2018PTC303522 | Active | 01 Jan 2018 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of Truesun Energy solution
Truesun Energy solution offers a comprehensive portfolio of products and services, including Rooftop Solar System and Consulting Services.
Provides design, installation, and maintenance of solar panels for energy generation.
Offers advice on solar projects and carbon footprint reduction strategies.
Board of directors of Truesun Energy Solutions Private Limited (Truesun Energy solution)
Truesun Energy Solutions Private Limited is the primary company behind Truesun Energy solution. The board of Truesun Energy Solutions Private Limited currently have 2 directors; the longest-serving is Nitu Goel, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitu Goel DIN 07984148 | Director | 01 Jan 2018 | 8 yrs 10 mo | Truesun Energy Solutions Private Limited |
| Rajnish Chandra Goyal DIN 00352766 | Director | 01 Jan 2018 | 8 yrs 10 mo | Truesun Energy Solutions Private Limited |
Financials of Truesun Energy solution
Figures of Truesun Energy Solutions Private Limited, the primary company behind Truesun Energy solution, for FY 2024. Revenue was ₹4.9 Lakh (-26% year on year). Net loss was -₹8.2 Lakh (-168% margin). EBITDA was -₹8 Lakh (-163% margin). Revenue has grown at a compounded annual rate of -35% over three years and +13% over five years.
- ₹4.9 LakhRevenue · FY 2024 · -26% YoY
- -₹8.2 LakhNet loss · -168% margin
- -₹8 LakhEBITDA · -163% margin
- ₹1 LakhPaid-up capital
- -35%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Truesun Energy Solutions Private Limited are on its company page.
Detailed financial statements for Truesun Energy solution
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Truesun Energy solution
Truesun Energy solution has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development |
Detailed competitors of Truesun Energy solution
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Truesun Energy solution
The website of Truesun Energy solution (truesun.in) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 6.6% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Truesun Energy solution (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 Truesun Energy solution
Truesun Energy solution was founded in 2019.
Truesun Energy solution is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Truesun Energy solution, Truesun Energy Solutions Private Limited, reported revenue of ₹4.9 Lakh for FY 2024, down 26% year on year.
Truesun Energy, headquartered in Mumbai, India, specializes in promoting clean energy through rooftop solar installations for industrial, commercial, and residential sectors. They handle site audits, design, installation, commissioning, and maintenance while providing consulting on carbon footprinting and decarbonization strategies. The company supports clients in financial analysis, technical guidance, and net metering, having worked with real estate firms, schools, and other organizations to reduce electricity costs and carbon emissions. Their services aim to make solar adoption simpler and faster.
Truesun Energy solution's top competitors include SolarSquare, Oorjan and ZunRoof.
Truesun Energy solution offers Rooftop Solar System and Consulting Services.
Truesun Energy solution operates through Truesun Energy Solutions Private Limited.
The legal entities of Truesun Energy solution currently have 2 directors, including Nitu Goel, Rajnish Chandra Goyal.