What we do Trom Industries Ltd is a solar EPC company specializing in residential and industrial solar rooftop systems, ground-mounted solar power plants, and solar street lighting. |
Founded in 2,011 |
Market share Emerging player in India’s solar EPC sector with growing portfolio and recent IPO boost. |
Problem solved Provides sustainable solar energy solutions to reduce dependency on conventional power and lower carbon footprint. |
Top clients or who we serve Residential households, industrial companies, public and government sectors; B2B and B2C. |
Key management Managing Director: Mr. Jignesh Bharatbhai Patel (noted leadership experience). |
Our journey and innovations Founded as 'Trom Solar' in 2011, converted to public limited company in 2019, launched IPO in 2024 raising Rs 31.37 crore. |
Where we operate Primarily in India with focus on residential, industrial, and public sectors. |
Top products or what we offer Residential and industrial rooftop solar, ground-mounted solar plants, solar street lights, AC LED lights. |
Top brands Solar EPC services with products like solar panels, inverters, and LED lighting solutions. |
Raw materials needed Solar panels, inverters, electrical components, and installation materials. |
Raw materials supplier Various domestic and international suppliers of solar components. |
Recurring vs cyclical contribution Revenue primarily from project-based sales and installations, with some recurring maintenance contracts. |
Our industry position Growing presence in India’s renewable energy space focusing on solar EPC projects. |
Financial highlights FY2024-25 revenue Rs 93.32 crore; net profit Rs 4.61 crore; IPO raised Rs 31.37 crore in 2024. |
Geographical revenue split - |
Order book - |
Whats driving growth Rising solar adoption, government incentives, and increased demand for sustainable energy solutions. |
Our future plans Expand project portfolio, scale up industrial installations, and enhance product distribution network. |
Our green promise Committed to sustainable energy through solar projects reducing carbon emissions. |
Our people and values Emphasizes ethical business, employee development, and a safe workplace. |
Key challenges ahead Market competition, regulatory changes, and raw material price volatility. |
Interesting facts Successful IPO in 2024; rapid revenue growth from Rs 54.35 crore to Rs 93.32 crore in one year. |
Risks and strategy Mitigating risks through robust internal controls, diversification, and compliance adherence. |
