What we do GP Eco Solutions India Ltd is a leading integrated solar energy solutions provider, offering solar inverters, panels, energy storage, EPC, PMC, and innovative lithium-based technologies. |
Founded in 2,010 |
Market share Emerging player in India’s solar inverter and energy storage market with expanding manufacturing and service capabilities. |
Problem solved Provides clean, reliable solar power and advanced energy storage addressing renewable energy needs for residential, commercial, and utility sectors. |
Top clients or who we serve Serves residential, commercial, industrial customers; B2B and B2C segments, including developers and energy service partners. |
Key management - |
Our journey and innovations Transitioned from distribution to manufacturing of solar inverters and lithium ferro phosphate batteries under INVERGY brand; launched IPO in 2024. |
Where we operate Primarily operates in India with plans to expand manufacturing facilities and market reach. |
Top products or what we offer Hybrid solar inverters, lithium ferro phosphate batteries, EPC and PMC services, Energy-as-a-Service models under INVERGY brand. |
Top brands INVERGY – flagship brand for hybrid solar inverters and lithium ferro phosphate batteries; OEM manufacturing capabilities. |
Raw materials needed Solar components, lithium ferro phosphate for batteries, electronic components for inverters. |
Raw materials supplier Supplier details not disclosed; manages own supply chain to ensure product quality and reliability. |
Recurring vs cyclical contribution Revenue is a mix of recurring services (EaaS, PMC) and cyclical product sales (inverters, batteries). |
Our industry position Growing SME platform listed company with enhanced credibility and steadily increasing market share in solar and energy storage sectors. |
Financial highlights FY 2024-25 revenue ₹246.43 crore; net profit ₹10.36 crore; strong growth from ₹136.38 crore revenue in prior year. |
Geographical revenue split Predominantly Indian market; no detailed geographic split disclosed. |
Order book - |
Whats driving growth Rising solar adoption, government incentives, technological innovations, and increasing demand for integrated energy solutions. |
Our future plans Capex for expanding manufacturing facilities, strengthen supply chain, increase product offerings and deepen market penetration. |
Our green promise Committed to energy-efficient operations, renewable energy promotion, eco-friendly packaging, and sustainable business practices. |
Our people and values Dedicated workforce with focus on innovation, transparency, and corporate governance; policies supporting diversity and inclusion. |
Key challenges ahead Competition, raw material price volatility, regulatory changes, and market penetration in a fast-evolving sector. |
Interesting facts Listed on NSE SME platform in 2024; partnered with public intellectual Dr. Kumar Vishwas to enhance brand and social outreach. |
Risks and strategy Manages financial, operational, and compliance risks through robust internal controls, audit mechanisms, and diversified business model. |