What we do Surana Solar Ltd engages in manufacturing Solar Photovoltaic Modules and operates solar power plants, focusing on renewable energy solutions in India. |
Founded in 2,006 |
Market share Provides high quality solar modules with competitive pricing; emerging player in Indian solar manufacturing and power generation sectors. |
Problem solved Addresses India's clean energy demand with reliable solar products, supporting sustainable power generation and reducing carbon footprint. |
Top clients or who we serve Serves commercial, domestic, and industrial clients with B2B and B2C solar products and EPC services for rooftop installations. |
Key management - |
Our journey and innovations Started as joint venture in 2008, merged solar assets in 2010; launched advanced 180 MW TopCon solar module facility in 2024-25. |
Where we operate Primarily in Telangana, Gujarat, Karnataka, Andhra Pradesh, and Tamil Nadu across India. |
Top products or what we offer Manufactures solar PV modules under 'Surana Ventures' brand; EPC solar rooftop installations; owns grid-connected solar power plants. |
Top brands Surana Ventures solar PV Modules - noted for quality-price balance; TopCon Solar Cell Modules - latest generation technology. |
Raw materials needed Silicon wafers, solar cells, electronic components and related raw materials for module manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven by product sales and EPC contracts; solar power generation adds recurring revenue. |
Our industry position Emerging solar manufacturer with growing footprint in solar power projects; improving profitability post windmill exit. |
Financial highlights FY2024-25 revenue Rs. 38.8 crore; Profit nearly break-even after previous losses; capacity expansion ongoing. |
Geographical revenue split Revenues primarily from Indian states: Telangana, Gujarat, Karnataka, Andhra Pradesh, Tamil Nadu. |
Order book - |
Whats driving growth New 180 MW TopCon module plant, EPC tender participation, growth in rooftop solar adoption. |
Our future plans Capex for new manufacturing capacity, commissioning 30 MW upcoming projects, expanding solar power portfolio. |
Our green promise Committed to renewable energy production and environmentally responsible manufacturing practices. |
Our people and values 33 employees focused on quality and innovation; guided by ethical business and community welfare values. |
Key challenges ahead Competition, technology adoption, regulatory risks, scaling profitability. |
Interesting facts Older subsidiary merged solar assets in 2010; pioneering TopCon module manufacturing in region. |
Risks and strategy Mitigates market risks via diversification into EPC and power generation; focuses on innovation and strategic growth. |
