About Asun Solar
Asun Solar is an Energy & Utilities company based in Delhi (India) founded in 2013 by Hitaksh Sachar and Varun Sachar. It offers solar energy solutions like EPC, monitoring, and maintenance for various sectors. It operates on a B2B and B2C model. Its Indian entity Asun Solar Power Private Limited reported revenue of ₹22.73 Cr. Asun Solar offers products and services including Rooftop Solar EPC, Performance Monitoring Solutions, Operations and Maintenance Services, and Solar Tracking Solutions. Its focus areas include Energy, Renewable Energy, Solar Energy and Maintenance Services. Similar companies include Avaada Group, Greenko Group and Azure Power; 3 of its 3 listed similar companies have raised funding.
Company details
Asun Solar Power Private Limited delivers rooftop solar engineering, procurement, and construction services, along with performance monitoring, operations maintenance, and solar tracking solutions. They serve homes, institutions, hotels, commercial, and industrial clients, focusing on renewable energy efficiency. Based in New Delhi, India, the company promotes sustainable power through reliable installations and support, ensuring long-term operational effectiveness.
- Headquarters Delhi, India
- Founders Hitaksh Sachar, Varun Sachar
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website asun.co.in
- Social X
- Legal Name Asun Solar Power Private Limited
- Date of Incorporation 06 May, 2013
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹22.73 Cr
FY 2025 · +60% YoY
- Net Profit₹1.32 Cr
FY 2025 · 6% margin
- EBITDA₹1.69 Cr
FY 2025 · 7% margin
Associated legal entities of Asun Solar
Asun Solar is associated with 2 registered companies on The Company Check; the primary company is Asun Solar Power Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asun Solar Power Private Limited CIN U40106DL2013PTC251647 | Active | 06 May 2013 | New Delhi, Delhi | ₹22.7 Cr | 1 | 2 | View details |
| Advika Energies Private Limited CIN U40300DL2014PTC274618 | Active | 24 Dec 2014 | New Delhi, Delhi | ₹1.3 Cr | 2 | View details |
Products & Services of Asun Solar
Asun Solar offers a comprehensive portfolio of products and services, including Rooftop Solar EPC, Performance Monitoring Solutions, Operations and Maintenance Services, and Solar Tracking Solutions.
Engineering, procurement, and construction for rooftop solar systems.
Tools for tracking and optimizing solar performance efficiency.
Ongoing support and upkeep for installed solar systems.
Systems to track sunlight for enhanced energy capture.
Board of directors of Asun Solar Power Private Limited (Asun Solar)
Asun Solar Power Private Limited is the primary company behind Asun Solar. The boards of the 2 registered companies of Asun Solar currently have 3 directors; the longest-serving is Hitaksh Sachar, appointed in 2013. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hitaksh Sachar DIN 05268813 | Director | 06 May 2013 | 13 yrs 5 mo | Asun Solar Power Private Limited |
| Varun Sachar DIN 03102344 | Managing Director | 25 Jul 2015 | 11 yrs 3 mo | Advika Energies Private Limited, Asun Solar Power Private Limited |
| Nikash Sachar DIN 08085579 | Director | 05 Nov 2019 | 6 yrs 11 mo | Advika Energies Private Limited |
People of Asun Solar
2 people are tracked at Asun Solar (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
| Founder, MD | Leadership |
Complete people profiles for Asun Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Asun Solar
Figures of Asun Solar Power Private Limited, the primary company behind Asun Solar, for FY 2025. Revenue was ₹22.73 Cr (+60% year on year). Net profit was ₹1.32 Cr (6% margin). EBITDA was ₹1.69 Cr (7% margin). Revenue has grown at a compounded annual rate of +24% over three years and +15% over five years.
- ₹22.73 CrRevenue · FY 2025 · +60% YoY
- ₹1.32 CrNet profit · 6% margin
- ₹1.69 CrEBITDA · 7% margin
- ₹10 LakhPaid-up capital
- 1Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Asun Solar Power Private Limited are on its company page.
Detailed financial statements for Asun 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.
Similar companies to Asun Solar
Asun Solar has 3 listed similar companies in our database, 3 of them funded. They include Avaada Group, Greenko Group and Azure Power.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| avaada.com | 2009 | Delhi, India | $879.45M | 2,935 | Renewable energy projects in solar, wind, and storage are developed. | |
| greenkogroup.com | 2006 | Hyderabad, India | $942.81M | 160 | Energy transition and decarbonization solutions are provided by Greenko Group. | |
| azurepower.com | 2008 | Delhi, India | $174.06M | 902 | Provider of independent power producer in the utility scale renewable energy |
Detailed similar companies of Asun 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 Asun 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 Asun Solar
Asun Solar was founded in 2013.
Asun Solar is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Asun Solar, Asun Solar Power Private Limited, reported revenue of ₹22.73 Cr for FY 2025, up 60% year on year.
Asun Solar Power Private Limited delivers rooftop solar engineering, procurement, and construction services, along with performance monitoring, operations maintenance, and solar tracking solutions. They serve homes, institutions, hotels, commercial, and industrial clients, focusing on renewable energy efficiency. Based in New Delhi, India, the company promotes sustainable power through reliable installations and support, ensuring long-term operational effectiveness.
Asun Solar's top competitors include Avaada Group, Azure Power and Greenko Group.
Asun Solar offers Rooftop Solar EPC, Performance Monitoring Solutions, Operations and Maintenance Services, and Solar Tracking Solutions.
Asun Solar is associated with 2 legal entities: Asun Solar Power Private Limited, Advika Energies Private Limited.
The legal entities of Asun Solar currently have 3 directors, including Varun Sachar, Nikash Sachar, Hitaksh Sachar.