What we do Australian Premium Solar (India) Ltd manufactures monocrystalline and polycrystalline solar panels and provides EPC and installation services for residential, agricultural, and commercial sectors. |
Founded in 2,013 |
Market share Recognized brand in India’s solar industry with expanding manufacturing and installation footprint serving over 10,000 customers. |
Problem solved Provides renewable solar energy solutions reducing dependence on fossil fuels, promotes sustainable energy use in diverse sectors. |
Top clients or who we serve Residential, agricultural, and commercial customers; B2C and B2B end users. |
Key management Nikunjkumar Chimanlal Patel (Chairman & Executive Director), Dhaval Jayeshkumar Suthar (Whole-time Director). |
Our journey and innovations Incorporated in 2013, expanded manufacturing capacity to 400MW by 2025 with new facility and diversified product portfolio. |
Where we operate Operates primarily in India with manufacturing in Gujarat and growing market presence. |
Top products or what we offer Manufactures Monocrystalline and Polycrystalline solar panels; provides solar pump and rooftop panel installation services. |
Top brands Australian Premium Solar panels – known for quality and modern technology; Topcon solar panels planned for 2025. |
Raw materials needed Silicon wafers and semiconductor solar cells for panel manufacturing. |
Raw materials supplier Not specified; likely multiple semiconductor and glass suppliers. |
Recurring vs cyclical contribution Revenue driven by project sales, panel manufacturing, and installation services; mix of recurring and project-based sales. |
Our industry position Among recognized solar panel manufacturers in India with growing market share and capacity expansion plans. |
Financial highlights FY 2024-25 revenue Rs 439 crore, net profit Rs 40 crore; revenue grew 189%, profit rose 531% year-on-year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased demand for solar installations, capacity expansion, government focus on renewable energy. |
Our future plans Expand manufacturing to 400MW capacity by 2025, invest in Topcon solar panel technology, scale installations. |
Our green promise Focuses on promoting clean solar energy and sustainable practices in manufacturing and installation. |
Our people and values Committed to employee safety, diversity, and ethical governance with strong leadership team. |
Key challenges ahead Scaling operations efficiently, competition, supply chain challenges, and regulatory compliance. |
Interesting facts Served over 10,000 customers with majority rooftop residential installations and solar pumps for agriculture. |
Risks and strategy Mitigates operational and market risks via capacity building, compliance, and focused customer segments. |
