What we do Smarten Power Systems Ltd designs and assembles advanced solar power and backup products, including Home UPS, solar inverters, PCUs, and charge controllers, serving India and global markets. |
Founded in 2,014 |
Market share Operates in 23 Indian states and 2 union territories with global footprint in 17+ countries across Middle East, Africa, and South Asia. |
Problem solved Provides reliable, eco-friendly solar power solutions addressing power backup and renewable energy needs in residential and commercial sectors. |
Top clients or who we serve Serves B2B and B2C markets via distributors in India; exports mainly to South Asia, Middle East, and Africa regions. |
Key management Arun Bhardwaj (Managing Director, B.Tech), Rajnish Sharma (CEO, Diploma), Ravi Dutt (Director), Tirath Singh Khaira (Director, BE Electrical, MBA Warwick). |
Our journey and innovations Founded in 2014, launched Home UPS; expanded product lines including solar inverters and panels; commissioned second plant in 2020; IPO in 2025. |
Where we operate India (23 states, 2 UTs) and internationally in 17+ countries across Middle East, Africa, and South Asia. |
Top products or what we offer Home UPS Systems, Solar Inverters, Solar Power Conditioning Units, Solar Charge Controllers, Solar Panels, Batteries. |
Top brands - |
Raw materials needed Electronic components for power systems, solar panels, batteries, semiconductors. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue from product sales primarily cyclical; includes repeat orders via distributor network. |
Our industry position Growing player in India's solar power segment with expanding export operations and increasing market reach. |
Financial highlights FY 2025 Revenue: ₹201.75 Cr; Net Profit: ₹12.77 Cr; IPO raised ₹50 Cr in 2025. |
Geographical revenue split Domestic revenue ₹153.46 Cr (76%), Exports ₹47.59 Cr (24%) for FY 2025. |
Order book - |
Whats driving growth Rising solar adoption, government incentives, expanded distribution, and international market entry. |
Our future plans Scaling production capacity, broadening product portfolio, strengthening online sales channels, and expanding market presence. |
Our green promise - |
Our people and values 242 employees with focus on R&D and sales; commitment to corporate governance and sustainability. |
Key challenges ahead Competition, raw material price volatility, regulatory changes, and global market uncertainties. |
Interesting facts Commissioned second plant in 2020; IPO launched in 2025, marking company’s growth milestone. |
Risks and strategy Mitigate through diversification of markets, investment in technology, strong governance, and supply chain management. |
