Hykon

What Hykon does

Hykon India Limited is an Indian power electronics and green energy products manufacturer headquartered in Thrissur, Kerala, founded in 1991. The company designs, produces, and sells a vertically integrated portfolio spanning home UPS systems and inverters (Halo, Sun++, Soliz Plus, Alpha/Galaxy online UPS), LiFePO4 lithium batteries under the HiLIFE brand, solar water heaters (Hexa, Dura), stainless steel water tanks, solar hybrid inverters, electric three-wheelers (Hetto+), heat pumps (HeatPro), battery energy storage systems (BESS), e-generators, and e-power tools. Core technical differentiators include DSP-based intelligent control for sine wave inverters, blade-cell LiFePO4 battery architecture for safety and longevity, and integrated solar hybrid inverter systems managing photovoltaic arrays, battery storage, and utility grid connections.

The company serves two primary customer segments — residential consumers seeking power backup, water heating, and storage, and corporate/industrial buyers in banking, telecom/media, IT, education, and facility management. Distribution is hybrid: direct e-commerce via hykonindia.com with 24-48 hour dispatch, a pan-India dealer and distributor network, dedicated service centers with a 48-72 hour service commitment, and a customer helpline. Hykon is ISO 9001:2015 certified, operates five group companies under the Hykon umbrella, reports 450+ employees, and states annual turnover exceeding ₹100 crore (~US$12M). Founder Christo George serves as Chairman and Managing Director, and no external equity investors, parent company, or M&A activity is disclosed in available materials.

Name

Hykon

Legal name

Hykon India Limited

Website

https://hykonindia.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Hykon India Limited, founded 1991 and headquartered in Thrissur, designs and manufactures inverters, LiFePO4 batteries, solar water heaters, hybrid solar inverters, e-autos, heat pumps, and BESS for residential and enterprise customers across India via D2C, dealers, and service centers.

Ownership category

akta.pro rank

Product category

Power Electronics and Renewable Energy Solutions

NAICS

Battery Manufacturing (33591), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Electric Housewares & Fans (3634), Electric Lighting & Wiring Equipment (3640)

akta.pro primary industry

Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)

akta.pro secondary industries

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB), Residential / Behind-the-Meter Storage Installation & Integration (EUAEAEAC), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Power electronics solutions
• Solar hybrid inverters
• Lithium battery storage
• Electric vehicles
• Green energy products

Headquarters

HQ city

Thrissur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Product Sales: Revenue generated from sale of power electronics products including inverters, UPS systems, solar products, lithium batteries, electric vehicles, water heaters, water tanks, heat pumps, and e-generators. One-time product sales model with widespread retail and e-commerce distribution.
2. After-Sales Service: Revenue from service and maintenance of products through service centers and dealer network

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Hykon India Limited designs, manufactures and sells power electronics and green energy products including home UPS systems and inverters, lithium-ion (LiFePO4) batteries, solar water heaters and hybrid inverters, stainless steel water tanks, heat pumps, E-Generators, battery energy storage systems (BESS), and electric three-wheelers (Hetto+). The company operates a vertically integrated portfolio spanning domestic power backup, renewable energy generation, energy storage and electric mobility for residential and commercial customers in India.

Product overview

Hykon India Ltd is a power electronics and clean energy company offering a comprehensive portfolio of energy solutions. The product portfolio consists of: domestic products including UPS systems and inverters (Halo, Soliz Plus, Sun++), lithium batteries (HiLIFE series), solar water heaters (Hexa, Dura), stainless steel water tanks, and solar hybrid inverters; corporate products including solar lights, solar power packs, electric vehicles (Hetto+ e-auto), heat pumps (HeatPro), E-Generators, and battery energy storage systems (BESS). The company operates on a multi-product platform approach, providing integrated power backup, renewable energy, and energy storage solutions for both residential and commercial applications. Established in 1991, Hykon serves diverse industries including Banks, Telecom, IT Companies, and Educational Institutions with a turnover of over 100 Crore.

Differentiator

Problem solved

Functional benefit

Brands

• Hetto: Electric auto (e-rickshaw) brand powered by lithium-ion battery
• Halo
• HeatPro
• HiLIFE
• Soliz
• Hexa
• Dura

Products and services

• Halo Inverter Home inverter with DSP-based intelligent control, fast changeover and sine wave output for residential power backup management.
• Soliz Plus Solar Inverter Stackable solar inverter designed for home use, compatible with LiFePO4 battery storage systems for efficient solar power conversion.
• Sun++ Solar Inverter Solar inverter for residential and commercial solar power systems, offering reliable power conversion with solar panel integration.
• Infini Solar Hybrid Inverter Smart hybrid inverter that manages photovoltaic arrays, battery storage and utility grid connections for optimized home energy management.
• Alpha/Galaxy Series Online UPS Online UPS systems in single-phase and three-phase configurations from 5KVA to 200KVA for critical power protection in commercial and industrial applications.
• HiLIFE Lithium Batteries LiFePO4 lithium battery series for inverters and energy storage, offering high charge/discharge efficiency, longer lifespan, and zero maintenance compared to lead-acid batteries.
• Hetto+ Electric Auto Electric three-wheeler (e-auto) for commercial transportation, powered by lithium-ion battery with hill start assist, onboard AC charger, and dual braking system.
• HeatPro Heat Pump Energy-efficient heat pump for water heating in domestic, commercial, and hotel applications, transferring heat from air to water using significantly less energy than conventional heaters.
• Hexa Solar Water Heater Premium solar water heater with mirror-finished outer tanks and corrosion-free virgin polymer inner tanks, suitable for hard water areas with faster energy absorption.
• Dura Solar Water Heater Durable solar water heater designed for long-term reliability with corrosion-resistant construction, suitable for residential and commercial hot water needs.
• SS Water Tank (Stainless Steel Water Tank) Water storage tanks made from 304 food-grade stainless steel with UV protection, featuring insulated mirror finish for heat reflection and easy-clean design, offered in 500L, 1000L, 1500L and 2000L capacities.
• E-Generator Battery-based power backup system providing silent, reliable, and eco-friendly energy as a replacement for diesel generators in homes and businesses.
• BESS (Battery Energy Storage System) Large-scale battery energy storage solution for commercial and industrial applications, enabling storage of renewable energy for grid stability and backup power.
• Brush Cutter (E-Power Tools) Electric-powered brush cutter for agricultural and garden maintenance, offering an eco-friendly alternative to fuel-powered tools.

Quantifiable outcome

• Lithium batteries provide 10x longer lifespan compared to lead-acid batteries with minimal maintenance
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Su-Kam Power Systems: Direct competitor in inverters, UPS, and solar power conditioning with similar pan-India dealer footprint and B2C/B2B sales model.
• Microtek International: Indian manufacturer of UPS, inverters, and batteries with overlapping product range, distribution model, and customer base in the home power-backup segment.
• Exide Industries: India's largest lead-acid and emerging lithium battery manufacturer; overlaps with Hykon's HiLIFE LiFePO4 line and inverter-battery bundle sales to telecom, banking, and industrial customers.
• Okaya Power Group: Indian inverter, UPS, and lithium battery manufacturer with similar pricing-driven mass-market positioning and presence across the same retail and e-commerce channels.
• Amara Raja Energy & Mobility: Battery manufacturer (Amaron) expanding aggressively into lithium and BESS; competes directly with Hykon's storage products for the same C&I and residential customers.
• Luminous Power Technologies: India's largest home UPS, inverter, and lithium battery brand; directly competes with Hykon's Halo inverter and HiLIFE LiFePO4 battery lines and shares the same dealer-led GTM across India.

Broad incumbents

• Havells India: Diversified Indian electrical/electronics major whose solar, water heater, and small-appliance lines compete with Hykon's residential energy and water-heating products.
• Waaree Energies: India's largest solar PV module manufacturer expanding into inverters and storage; competes with Hykon's solar hybrid inverter and BESS lines on the C&I rooftop side.
• Tata Power Solar Systems: Larger incumbent offering rooftop solar, BESS, and EV charging as part of Tata's broader energy portfolio; overlaps with Hykon's solar, BESS, and hybrid inverter offerings but with deeper balance sheet.

Emerging players

• Genus Power Infrastructures: Indian power and EV infrastructure company with growing lithium and metering businesses; comparable as a domestic Indian player scaling into adjacent clean-energy categories.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hykon