What we do Solarium Green Energy Ltd offers turnkey solar power solutions including design, engineering, procurement, construction, testing, and operation & maintenance of solar plants. |
Founded in 2,015 |
Market share A leading player in India's rooftop solar segment with growing order book and strong bidding pipeline. |
Problem solved Solves energy access and sustainability challenges by enabling reliable, clean solar power installations for diverse sectors. |
Top clients or who we serve Serves residential, commercial, industrial, and government sectors across India with B2B and B2G clientele. |
Key management Mr. Ankit Garg, Chairman & Managing Director (IIT alumnus) |
Our journey and innovations Started as LLP in 2015, converted to public limited company in 2024, expanded into turnkey EPC, manufacturing and hybrids. Setting up 1 GW manufacturing plant. |
Where we operate Presence in India across 15 states with projects including residential rooftops and government installations. |
Top products or what we offer Solar EPC turnkey projects, solar PV modules, inverters, ABT meters, and hybrid solar solutions. |
Top brands SOLARIUM - flagship brand in turnkey solar solutions; new module manufacturing plant strengthens supply chain. |
Raw materials needed Solar silicon wafers, photovoltaic materials, electrical components for inverters and meters. |
Raw materials supplier Various suppliers; backward integration through own solar module manufacturing planned. |
Recurring vs cyclical contribution Revenue mainly project-based (cyclical) with recurring O&M contracts support. |
Our industry position Growing market share in rooftop solar EPC sector with emerging integrated manufacturing capabilities. |
Financial highlights FY25 revenue Rs. 230 Cr, PAT Rs. 18.6 Cr, with 30% revenue growth year-on-year and over 20% profit growth. |
Geographical revenue split 100% revenue from domestic Indian market. |
Order book Unexecuted order book approx. Rs. 229 Cr and L1 orders around Rs. 209 Cr as of H1 FY26. |
Whats driving growth Government solar incentives, expanding residential & govt projects, manufacturing backward integration, and franchise network growth. |
Our future plans Commission 1000 MW automated solar module plant by mid FY26; expand EPC and B2C services. |
Our green promise ISO 14001:2015 certified; focus on sustainability through clean energy solutions and social responsibility programs. |
Our people and values ~400 employees with emphasis on governance, inclusion, and continuous learning. |
Key challenges ahead Managing supply chain volatility, regulatory compliance, and sustaining order flow amid industry competition. |
Interesting facts First mover in Gujarat rooftop solar; received technology transfer from DRDO; launched Solar Saarthi franchise model. |
Risks and strategy Risks include market fluctuations and regulatory delays; mitigated via vertical integration and diversification of services. |
