What we do Sungarner Energies Limited manufactures and engineers power equipment like solar inverters, UPS, EV chargers, and solar power plants, serving India and international markets. |
Founded in 2,015 |
Market share Strong presence in key Indian states; commissioned over 50 large solar projects including international installations, recognized for industrial solar power solutions. |
Problem solved Provides efficient, low-cost, and sustainable power solutions addressing power backup, solar energy needs, and electric vehicle charging infrastructure. |
Top clients or who we serve Corporate houses, channel partners across India and abroad, including brands like Interglobe, DLF, ITC Hotels; B2B focus. |
Key management Sumit Tiwari (Managing Director), Snigdha Tiwari (Director), Amit Tiwari (Non-Executive Director), Rajnish Gaur (Independent Director). |
Our journey and innovations Founded in 2015; expanded from power electronics manufacturing to large-scale solar projects in India and Bhutan; raised capital via IPO in 2023. |
Where we operate India with distribution in Haryana, UP, Bihar, Rajasthan, Assam; international projects in Bhutan. |
Top products or what we offer Online UPS, solar inverters, EV chargers, lithium-ion and lead-acid storage solutions, solar equipment, and solar plant installation services. |
Top brands Sungarner's flagship offerings include solar inverters and power storage systems, key revenue drivers with pan-India and international reach. |
Raw materials needed Electronic components, lithium-ion and lead-acid battery materials, solar panels and related electrical parts. |
Raw materials supplier Information not specified explicitly. |
Recurring vs cyclical contribution Revenue driven by recurring orders in manufacturing and installation services with ongoing maintenance contracts. |
Our industry position Emerging leader in solar power electronics manufacturing and large industrial solar plant commissioning with growing market share. |
Financial highlights Consolidated revenue Rs. 33.64 Crores and net profit Rs. 1.66 Crores for FY 2024-25, showing steady growth over previous year. |
Geographical revenue split Primarily India with some revenue from international solar projects like Bhutan. |
Order book Details not explicitly provided. |
Whats driving growth Rising demand for renewable energy, government incentives for solar, expansion into EV charging and energy storage. |
Our future plans Expand solar project portfolio, grow subsidiary companies, increase manufacturing capabilities and distribution network. |
Our green promise Focus on sustainable energy solutions, installation of large solar power projects, and use of clean energy to reduce carbon footprint. |
Our people and values Committed leadership team with ethical governance, focus on employee engagement and compliance with workplace safety and inclusion. |
Key challenges ahead Competition in solar manufacturing, supply chain risks, need for consistent innovation and scaling operations. |
Interesting facts Installed largest industrial solar power plant at Gorakhpur and largest solar project in Bhutan. |
Risks and strategy Mitigates supply chain and technology risks via diversified suppliers, continuous R&D, and strong governance. |
