What we do Urja Global Ltd designs, supplies, and maintains off-grid and grid-connected solar power plants, manufactures batteries, and produces electric vehicles, focusing on sustainable energy solutions. |
Founded in 1,992 |
Market share Significant player in Indian solar and renewable energy sector with diverse projects and growing footprint. |
Problem solved Provides affordable and clean energy solutions to reduce reliance on conventional power and curb pollution. |
Top clients or who we serve Serves government agencies, utility companies, and commercial customers across India. Engages in B2B and B2G markets. |
Key management - |
Our journey and innovations Founded in 1992, expanded into battery manufacturing and electric vehicles; partnered with global firms; developed lithium-ion EVs and solar parks. |
Where we operate India, with solar and hydro projects in multiple states including Haryana, Gujarat, Rajasthan, Andhra Pradesh, Arunachal Pradesh, and Meghalaya. |
Top products or what we offer Solar street lights, solar water heaters, solar lanterns, solar panels, solar home lighting, batteries, electric vehicles including e-rickshaws and e-cars. |
Top brands E-Dream Electric Car; L5 E-Auto; L3 E-Rickshaw; E-scooter variants (E-life, E-zess) |
Raw materials needed Lead acid and lithium-ion battery components, solar panels, electronic parts for EVs. |
Raw materials supplier Not specified; partnerships with Micromax Energy and other suppliers. |
Recurring vs cyclical contribution Revenue mix includes recurring maintenance contracts and project-based cyclical sales. |
Our industry position Emerging leader in renewable energy and EV manufacturing in India with diversified portfolio. |
Financial highlights FY 2024-25 standalone revenue Rs. 51.47 Cr (+15.6% YoY), PAT Rs. 1.44 Cr (-19% YoY); consolidated revenue Rs. 68.49 Cr (+49%), PAT Rs. 1.38 Cr (-32%). |
Geographical revenue split - |
Order book - |
Whats driving growth Government renewable energy policies, rising EV adoption, battery manufacturing expansion, and strategic partnerships. |
Our future plans Scaling EV manufacturing, expanding renewable energy projects, growing digital business via subsidiary Urja Digital World Ltd. |
Our green promise Committed to sustainable energy solutions reducing pollution and promoting clean technologies. |
Our people and values Focus on employee development, diversity, and inclusive workplace culture. |
Key challenges ahead Regulatory compliance, market competition, managing costs, and scaling manufacturing capabilities. |
Interesting facts First in India to launch lithium-ion technology-based electric vehicles and multiple solar power projects across states. |
Risks and strategy Managing regulatory risks and operational challenges through robust governance, risk management, and diversified business model. |
