What we do Ganesh Green Bharat Limited manufactures solar modules and offers comprehensive solar and electrical supply, installation, and EPC services across various renewable energy solutions. |
Founded in 2,016 |
Market share Emerging player in India's solar energy sector with growing market presence through EPC services and solar module manufacturing. |
Problem solved Provides sustainable, renewable energy solutions addressing power needs and environmental concerns via solar technology and infrastructure. |
Top clients or who we serve Serves government bodies, private sector clients, solar EPC projects, and agricultural sectors; B2B focused with some rural B2C via solar home systems. |
Key management Ketanbhai Narsinhbhai Patel (Managing Director), Rajendrakumar Narsinhbhai Patel (Wholetime Director), Niravkumar Sureshbhai Patel (Wholetime Director). |
Our journey and innovations Started as electrical contracting in 2016, expanded to solar EPC and manufacturing, became MNRE channel partner in 2017, listed in 2024 raising Rs 125 crore via IPO. |
Where we operate Primarily India with projects in Rajasthan and Gujarat; expanding EPC services across multiple states. |
Top products or what we offer Solar photovoltaic modules, solar streetlights, solar pumps, EPC, and O&M services for solar power plants. |
Top brands - |
Raw materials needed Silicon wafers and other photovoltaic materials for solar module manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven by project-based EPC contracts with growing recurring O&M service income. |
Our industry position Growing mid-size player in renewable energy EPC and solar manufacturing segments in India. |
Financial highlights (Consolidated FY25) Revenue INR 321.76 crore; Net Profit INR 30.22 crore; strong revenue growth from INR 171.96 crore previous year; improved profitability. |
Geographical revenue split - |
Order book - |
Whats driving growth Strong government push for solar energy, expansion in EPC projects, growing solar manufacturing capacity, and increasing renewable adoption drive growth. |
Our future plans Utilization of IPO funds for working capital and capital expansion with focus on scaling solar module production and EPC contracts. |
Our green promise Committed to renewable energy solutions promoting sustainability and reducing carbon footprint via solar technology deployment. |
Our people and values Strong leadership team with emphasis on transparent governance, corporate social responsibility, and employee welfare. |
Key challenges ahead Timely utilization of IPO funds, operational expansion delays, and competitive pressures in solar manufacturing and EPC. |
Interesting facts Completed large scale 16,486 solar home lighting project in Rajasthan; transitioned from partnership to public company within 7 years. |
Risks and strategy Mitigates risks of project delays and funding through diversified services; intends technology upgrades and strategic partnerships. |