What we do Onix Solar Energy Ltd manufactures and trades solar panels and modules, supplying cost-effective solar solutions to advance clean and sustainable energy. |
Founded in 1,980 |
Market share Largest gas reticulation company in organized sector; significant player in India's solar energy manufacturing and trading space. |
Problem solved Addresses the need for reliable, accessible renewable energy technologies to reduce carbon footprint and promote green energy adoption. |
Top clients or who we serve Serves renewable energy sector clients and solar product consumers; operates in B2B and B2C markets. |
Key management Harpreet Singh (Managing Director), Umeshkumar Singh (Independent Director), Nikhil Hareshbhai Savaliya (Executive Director) |
Our journey and innovations Evolved from Brassco Extrusions to Onix Solar Energy Ltd in 2025; transitioned from non-ferrous metals to renewable energy manufacturing with strong supply chain expertise. |
Where we operate Primarily India with regional offices nationwide and Mumbai headquarters. |
Top products or what we offer Solar panels manufacturing, trading and supply of solar modules, complete solar energy product solutions. |
Top brands - |
Raw materials needed Materials for solar panel manufacturing (specifics not disclosed). |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from product sales; trading operations bolster recurring supply relationships. |
Our industry position Leading gas reticulation firm with expanding footprint in solar panel manufacturing sector in India. |
Financial highlights FY 2024-25 revenue Rs. 29.81 crore; profit after tax Rs. 1.45 crore, reflecting strong growth from prior year. |
Geographical revenue split - |
Order book - |
Whats driving growth Renewable energy adoption, government focus on sustainability, innovation in solar tech, expanded manufacturing capacity. |
Our future plans Focus on growing solar panel production, expanding supply chain, and enhancing service capabilities nationwide. |
Our green promise Committed to reducing carbon footprints by promoting clean solar energy and sustainable technology adoption. |
Our people and values Emphasizes professional governance, adherence to codes of conduct and employee safety; growing leadership team. |
Key challenges ahead Scaling manufacturing efficiently, market competition, regulatory compliance, and technology advancement. |
Interesting facts Company transformed through multiple name changes since 1980, now a leading solar energy manufacturer supporting India's green initiatives. |
Risks and strategy Operational risks managed via robust internal controls and diversified product offering; strategic focus on clean energy growth. |
