About Argo Solar
Argo Solar is an Energy & Utilities company based in Hyderabad (India) founded in 2013 by Rajesh Peddu and V V S Raju Datla. It provides customized solar installations and financing for energy efficiency. It operates on a B2B and Service-based model. The company has 21 employees. Its Indian entity Argo Solar Private Limited reported revenue of ₹20.66 Cr. Argo Solar offers products and services including Customized Solar Solutions, CAPEX Projects, and Opex Model. Its focus areas include Energy, Renewable Energy, Solar Energy and Solar PV Installations. Similar companies include Fourth Partner Energy, Sterling And Wilson and GREW; 3 of its 3 listed similar companies have raised funding.
Company details
Argo Solar specializes in delivering customized rooftop and onsite solar solutions to reduce energy dependence on the grid. They handle the full spectrum of project development, including approvals, engineering, procurement, and construction. Operating primarily from Hyderabad, India, they serve commercial and industrial clients across various regions, offering CAPEX and Opex models with financial assistance to promote sustainable energy.
- Headquarters Hyderabad, India
- Employees 21
- Founders Rajesh Peddu, V V S Raju Datla
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website argosolar.in
- Social LinkedIn
- Legal Name Argo Solar Private Limited
- Date of Incorporation 12 Apr, 2013
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹20.66 Cr
FY 2025 · -13% YoY
- Net Profit₹71.2 Lakh
FY 2025 · 3% margin
- EBITDA₹1.45 Cr
FY 2025 · 7% margin
- Employee Count21
Associated legal entities of Argo Solar
Argo Solar operates through Argo Solar Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Argo Solar Private Limited CIN U40108TG2013PTC086967 | Active | 12 Apr 2013 | Hyderabad, Telangana | ₹20.7 Cr | 21 | 3 | View details |
Products & Services of Argo Solar
Argo Solar offers a comprehensive portfolio of products and services, including Customized Solar Solutions, CAPEX Projects, and Opex Model.
Offers tailored solar installations to optimize energy consumption.
Provides capital expenditure models for solar energy projects.
Delivers energy-as-a-service with monthly billing for solar power.
Board of directors of Argo Solar Private Limited (Argo Solar)
Argo Solar Private Limited is the primary company behind Argo Solar. The board of Argo Solar Private Limited currently have 3 directors; the longest-serving is Rajesh Peddu, appointed in 2013. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Peddu DIN 06497810 | Director | 12 Apr 2013 | 13 yrs 6 mo | Argo Solar Private Limited |
| Ganesh Sarnala DIN 06456029 | Nominee Director | 07 Jun 2025 | 1 yr 4 mo | Argo Solar Private Limited |
| Rayala Vinay DIN 06370016 | Nominee Director | 07 Jun 2025 | 1 yr 4 mo | Argo Solar Private Limited |
People of Argo Solar
2 people are tracked at Argo Solar (2 in leadership); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
| Co-Founder, Managing Director | Leadership | |
V V S Raju Datla | ex-Co-Founder, Director | Leadership |
Complete people profiles for Argo Solar
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Financials of Argo Solar
Figures of Argo Solar Private Limited, the primary company behind Argo Solar, for FY 2025. Revenue was ₹20.66 Cr (-13% year on year). Net profit was ₹71.2 Lakh (3% margin). EBITDA was ₹1.45 Cr (7% margin). Revenue has grown at a compounded annual rate of +10% over three years and +15% over five years.
- ₹20.66 CrRevenue · FY 2025 · -13% YoY
- ₹71.2 LakhNet profit · 3% margin
- ₹1.45 CrEBITDA · 7% margin
- ₹18.5 LakhPaid-up capital
- 21Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Argo Solar Private Limited are on its company page.
Detailed financial statements for Argo Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
- Downloads
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Similar companies to Argo Solar
Argo Solar has 3 listed similar companies in our database, 3 of them funded. They include Fourth Partner Energy, Sterling And Wilson and GREW.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services |
Detailed similar companies of Argo Solar
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Argo Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Argo Solar
Argo Solar was founded in 2013.
Argo Solar is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Argo Solar has 21 employees.
The primary company behind Argo Solar, Argo Solar Private Limited, reported revenue of ₹20.66 Cr for FY 2025, down 13% year on year.
Argo Solar specializes in delivering customized rooftop and onsite solar solutions to reduce energy dependence on the grid. They handle the full spectrum of project development, including approvals, engineering, procurement, and construction. Operating primarily from Hyderabad, India, they serve commercial and industrial clients across various regions, offering CAPEX and Opex models with financial assistance to promote sustainable energy.
Argo Solar's top competitors include Fourth Partner Energy, GREW and Sterling And Wilson.
Argo Solar offers Customized Solar Solutions, CAPEX Projects, and Opex Model.
Argo Solar operates through Argo Solar Private Limited.
The legal entities of Argo Solar currently have 3 directors, including Ganesh Sarnala, Rayala Vinay, Rajesh Peddu.