Solarium Green Energy Limited Successfully Listed on BSE SME Platform

AboutSolarium Green Energy Limited

The Company was founded by Ankit Garg, an alumnus of the Indian School of Mines, Dhanbad, who established Solarium Green Energy Limited, a prominent provider of turnkey solar solutions. The company delivers a wide array of services, including design, engineering, procurement, testing, installation, commissioning, and comprehensive operation and maintenance (O&M). Catering to a diverse clientele across residential, commercial, industrial, and government sectors, Solarium Green Energy specializes in an extensive range of projects, including residential and commercial rooftop systems, ground-mounted installations, solar trees, carports, solar-wind hybrid projects, and energy storage solar solutions.

Solarium Green Energy Limited remains a leader in the sector. Between April’21 to September’24, the company successfully completed 11,195 residential rooftop projects, 172 C&I projects, and 17 government projects. As on December’24 Solarium is managing ongoing projects worth ₹185 Crores, out of which around ₹45 Crore revenue have been booked till September’24, also new tenders under bidding totaling ₹885 Crores.

For the period ended 31st March 2024, The Company reported Revenue from Operations stands at ₹177.40 Crores, EBITDA stands at ₹23.78 Crores & PAT ₹15.59 Crores. And in H1 of FY25 the company reported Revenue from Operations of ₹81.99 Crores with an EBITDA of ₹11.59 Crores and PAT of ₹7.55 Crores.

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.