Company Intelligence Profile
Encrate Private Limited
Encrate Private Limited trades and operates under the brand "The Energy Company (TEC)".
Last updated 4 August 2026
Encrate Private Limited, operating under the brand "The Energy Company (TEC)," develops AI-powered battery management systems for India's grid. The company reported a 230% revenue growth in FY2024-25 with operating revenue of ₹2.32 Crore. TEC offers products like FlexiPack and FlexiPower, serving sectors such as commercial, industrial, and residential across 60+ Indian cities.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Encrate Private Limited |
|---|---|
| CIN | U29100PN2021PTC206835 |
| PAN | AAGCE8039G |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 10 December 2021 |
| ROC |
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| Sector (NIC) |
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| Registered address |
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| Authorized capital | INR 15,00,000 (₹15 lakh) — confirmed, 2 sources |
| Paid-up capital | INR 1,28,000 (₹1.28 lakh) currently |
Business Overview
- Encrate Private Limited trades and operates under the brand "The Energy Company (TEC)"
- TEC builds intelligent battery storage and power management systems for India's grid: FlexiPack (battery systems for forklifts/material-handling equipment), FlexiPod (portable battery systems for commercial/industrial sites), FlexiPower (intelligent home battery system with load prioritization), and FlexiTwin (a digital-twin software platform monitoring deployed assets)
- It also runs a Virtual Power Plant (VPP) network aggregating distributed assets for grid services (demand response, peak shaving)
- Target segments: commercial & industrial, mobility/fleet operators, solar/wind developers, and residential homes
- Company states it operates across 60+ Indian cities and lists customers including Mahindra, Airbnb, and Clove Dental
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Rahul Lamba | 09477433 | - | 22 Jan 2022 |
| Pratik Somani | 09477434 | - | 22 Jan 2022 |
| Prashant Kumar Rathee | 09477351 | Director | - |
| Vinay Vibhakar Karulkar | - | - | - |
Financials
- Operating revenue ₹2.32 Crore, reported as +230% YoY growth. Tofler separately shows FY2023-24 operating revenue in the "under INR 1 crore" band for the Pune-era CIN, roughly consistent with strong growth into FY25. EBITDA, PAT, net worth, and borrowings: not obtained — both sources show these as locked behind paid/premium tiers. Standalone vs. consolidated basis not specified by either source
Charges / Loans
TheCompanyCheck states: "No charges or secured borrowings registered with ROC".
Competitors
Peers in India's distributed battery-storage / energy-management / VPP space (named for category context, not scale-verified against Encrate's own financials, which are largely undisclosed):
- Log9 Materials — battery cell/pack technology, well-funded, larger scale
- Exponent Energy — EV battery/charging systems, well-funded, larger scale
- Amara Raja Energy & Mobility — large listed group, battery/energy systems, much larger scale
- Luminous Power Technologies (Schneider Electric group) — established, large scale, home/commercial power backup and battery systems
- Numocity — EV charging/energy management software, mid-scale
- Bolt.Earth — EV charging network operator, mid-scale
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