About Astraleus Solar
Astraleus Solar is an Energy & Utilities company based in Indore (India) founded in 2016. It delivers solar systems, installation, and maintenance for renewable energy needs. It operates on a B2B and B2C model. Its Indian entity Astraleus Services Private Limited reported revenue of ₹46.01 Cr. Astraleus Solar offers products and services including Off Grid Solar System, On Grid Solar System, Hybrid Solar Installation, Operations and Maintenance, and Commercial Solar Solutions. Its focus areas include Energy, Renewable Energy, Solar Power and Hybrid Systems. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Astraleus Solar offers efficient renewable energy solutions through off-grid, on-grid, and hybrid solar systems. They provide installation, operations, and maintenance services tailored for homes, businesses, and housing societies. Based in Indore, India, the company focuses on reducing carbon footprints with low-maintenance, cost-effective options, serving clients to achieve energy independence and savings.
- Headquarters Indore, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website astraleussolar.com
- Social X Facebook
- Legal Name Astraleus Services Private Limited
- Date of Incorporation 31 Aug, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹46.01 Cr
FY 2024 · +4064% YoY
- Net Profit₹8.66 Cr
FY 2024 · 19% margin
- EBITDA₹12.27 Cr
FY 2024 · 27% margin
Associated legal entities of Astraleus Solar
Astraleus Solar operates through Astraleus Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Astraleus Services Private Limited CIN U74999DL2020PTC368984 | Active | 31 Aug 2020 | Delhi, Delhi | ₹46.0 Cr | 16 | 2 | View details |
Products & Services of Astraleus Solar
Astraleus Solar offers a comprehensive portfolio of products and services, including Off Grid Solar System, On Grid Solar System, Hybrid Solar Installation, Operations and Maintenance, and Commercial Solar Solutions.
Enables energy independence without grid connection for remote use.
Connects to utility grid for savings and net metering.
Combines grid and off-grid features for reliable power.
Ensures optimal performance of installed solar systems.
Tailored systems for businesses to reduce energy costs.
Provides community-scale solar for residential areas.
Board of directors of Astraleus Services Private Limited (Astraleus Solar)
Astraleus Services Private Limited is the primary company behind Astraleus Solar. The board of Astraleus Services Private Limited currently have 2 directors; the longest-serving is Krishna Kumar Thakur, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishna Kumar Thakur DIN 07915842 | Director | 31 Aug 2020 | 6 yrs 2 mo | Astraleus Services Private Limited |
| Alka Solanki DIN 07915874 | Director | 31 Aug 2020 | 6 yrs 2 mo | Astraleus Services Private Limited |
Financials of Astraleus Solar
Figures of Astraleus Services Private Limited, the primary company behind Astraleus Solar, for FY 2024. Revenue was ₹46.01 Cr (+4064% year on year). Net profit was ₹8.66 Cr (19% margin). EBITDA was ₹12.27 Cr (27% margin).
- ₹46.01 CrRevenue · FY 2024 · +4064% YoY
- ₹8.66 CrNet profit · 19% margin
- ₹12.27 CrEBITDA · 27% margin
- ₹50,000Paid-up capital
- 16Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Astraleus Services Private Limited are on its company page.
Detailed financial statements for Astraleus Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Astraleus Solar
Astraleus Solar has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development |
Detailed competitors of Astraleus Solar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Astraleus 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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Astraleus Solar
Astraleus Solar was founded in 2016.
Astraleus Solar is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
The primary company behind Astraleus Solar, Astraleus Services Private Limited, reported revenue of ₹46.01 Cr for FY 2024, up 4064% year on year.
Astraleus Solar offers efficient renewable energy solutions through off-grid, on-grid, and hybrid solar systems. They provide installation, operations, and maintenance services tailored for homes, businesses, and housing societies. Based in Indore, India, the company focuses on reducing carbon footprints with low-maintenance, cost-effective options, serving clients to achieve energy independence and savings.
Astraleus Solar's top competitors include SolarSquare, Oorjan and ZunRoof.
Astraleus Solar offers Off Grid Solar System, On Grid Solar System, Hybrid Solar Installation, Operations and Maintenance, and 2 more products and services.
Astraleus Solar operates through Astraleus Services Private Limited.
The legal entities of Astraleus Solar currently have 2 directors, including Krishna Kumar Thakur, Alka Solanki.