What we do SRM Energy Ltd is engaged in setting up and operating thermal power projects. Previously involved in manufacturing speciality non-woven fabrics and automotive carpets. |
Founded in 1,985 |
Market share Limited scale with no active business operations currently; subsidiary project remains stalled and in abandoned status. |
Problem solved Aims to generate thermal power to meet energy demands; earlier served automotive and textile sectors with specialized fabrics and carpets. |
Top clients or who we serve Served major automobile manufacturers like Maruti Udyog Ltd, General Motors India Ltd, TELCO; primarily B2B focus. |
Key management - |
Our journey and innovations Founded in 1985, evolved from fabric manufacturing to energy sector via mergers; faced operational challenges leading to stalled thermal power project. |
Where we operate Operations centered in India, with a plant in Mahad, Maharashtra; subsidiary in Tamil Nadu involved in power business. |
Top products or what we offer Thermal power generation via subsidiary; earlier manufactured specialty non-woven fabrics including automotive carpets and upholstery materials. |
Top brands - |
Raw materials needed Raw materials for specialty non-woven fabric manufacturing including textile inputs and chemicals for dyeing. |
Raw materials supplier - |
Recurring vs cyclical contribution Currently no recurring revenue; historically operations dependent on cyclical industrial and automotive demand. |
Our industry position Minimal market presence due to lack of active operations; no significant market share in power or textile sectors currently. |
Financial highlights No revenue from operations in FY 2024-25; net loss of Rs. 39 lakh; accumulated losses and negative net worth. |
Geographical revenue split - |
Order book - |
Whats driving growth Company currently seeking new business opportunities; growth dependent on successful project execution or strategic investments. |
Our future plans Plans to identify viable business projects or investments; intends sale of subsidiary to holding company to streamline focus. |
Our green promise - |
Our people and values Very limited workforce with only two employees; culture focused on compliance and governance during dormant phase. |
Key challenges ahead Financial instability, stalled projects, no revenue generation, and ongoing legal issues with subsidiary hinder growth. |
Interesting facts Company transitioned from fabric manufacturing to power projects; faced prolonged operational suspension and insolvency application by subsidiary. |
Risks and strategy Risk due to non-operational status and financial losses; strategy focuses on business opportunity search and compliance to remain a going concern. |
