What we do Chiraharit Limited is an EPC company specializing in water infrastructure, renewable energy projects like Compressed Bio-Gas plants, and diverse civil construction projects. |
Founded in 2,006 |
Market share Operates across multiple Indian states with growing market presence in water and renewable energy EPC sectors. |
Problem solved Provides turnkey solutions improving water distribution efficiency, promotes renewable energy adoption, and constructs critical civil infrastructure. |
Top clients or who we serve Serves industrial, commercial, and residential clients primarily in India, focusing on B2B contracts in infrastructure and energy sectors. |
Key management Pavan Kumar Bang (Managing Director & CEO), G V Ramana Reddy (Executive Director), Dr. YTejaswini (Non-Executive Director). |
Our journey and innovations Started in 2006, converted to public limited in 2024, commissioned 100th solar cleaning system in 2021, now executing CBG and civil projects turnkey. |
Where we operate Mainly in Indian states including Telangana, Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, Karnataka, Odisha, and others. |
Top products or what we offer Solar module cleaning systems, irrigation and water pipeline EPC, Compressed Bio-Gas plant construction, industrial and residential civil projects. |
Top brands - |
Raw materials needed Civil construction materials, mechanical pumping systems, solar cleaning equipment components. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven by project-based EPC contracts, showing cyclical but scalable growth via order execution. |
Our industry position Emerging EPC company in renewable energy and water infrastructure with fast revenue and profit growth. |
Financial highlights FY 2024-25 standalone revenue Rs.51.4 crore, profit after tax Rs.6.5 crore, 118% revenue growth year-over-year. |
Geographical revenue split Revenues spread across major Indian states with Gujarat (17.66 Cr), Telangana (12.71 Cr), and Maharashtra (8.79 Cr) as top contributors. |
Order book - |
Whats driving growth Rising demand for water infrastructure, renewable energy projects, order book expansion, and operational efficiency improvements. |
Our future plans Focus on IPO listing, expand EPC capabilities, invest in renewable energy and civil construction sectors, enhance governance and compliance. |
Our green promise Committed to energy-efficient technologies and renewable energy projects like CBG plants, promoting sustainable infrastructure growth. |
Our people and values Diverse and growing team with focus on compliance, governance, safety, and inclusive workplace policies. |
Key challenges ahead Managing project execution risks, regulatory compliance for public listing, and sustaining profit margins amidst competition. |
Interesting facts Commissioned 100th solar module cleaning project in 2021; part of MALAXMI Group; completed IPO raising Rs 31.07 crore. |
Risks and strategy Mitigates risks through robust internal controls, diversified segments, strong leadership, and focus on sustainable growth and compliance. |
