About Avaada Solar
Avaada Solar is an Energy & Utilities company based in Mumbai (India) founded in 2015. It manufactures high-efficiency solar modules for utility, commercial, and residential use. It operates on a B2B and B2C model. Its Indian entity Avaada Electro Limited reported revenue of ₹933 Cr. Avaada Solar offers products and services including Enlume G12, Enlume G12R, Integlow M10, and Integlow M10L. Its focus areas include Energy, Renewable Energy Tech, Solar and Utility-Scale Projects. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Avaada Solar is a global leader in solar technology, specializing in the production of high-efficiency solar cells and modules through advanced manufacturing processes. The company offers solutions for utility-scale projects, commercial applications, and residential installations, emphasizing innovation and sustainability. Based in India with locations in New Delhi, Mumbai, and other regions, they support partners in delivering clean energy while focusing on cost-effectiveness and environmental benefits.
- Headquarters Mumbai, India
- SectorsEnergy & Utilities
- Email••••••••
- Website avaadasolar.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Avaada Electro Private Limited
- Date of Incorporation 27 Apr, 2021
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹933 Cr
FY 2025 · +2986% YoY
- Net Profit₹173 Cr
FY 2025 · 19% margin
- EBITDA₹242 Cr
FY 2025 · 26% margin
Associated legal entities of Avaada Solar
Avaada Solar is associated with 2 registered companies on The Company Check; the primary company is Avaada Electro 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 |
|---|---|---|---|---|---|---|---|
| Avaada Electro Limited CIN U31905UP2021PLC145680 | Active | 27 Apr 2021 | Noida, Uttar Pradesh | ₹933 Cr | 36 | 8 | View details |
| Avaada Electro Private Limited CIN U31905UP2021PTC145680 | 27 Apr 2021 | Noida, Uttar Pradesh, India | View details |
Products & Services of Avaada Solar
Avaada Solar offers a comprehensive portfolio of products and services, including Enlume G12, Enlume G12R, Integlow M10, and Integlow M10L.
High-efficiency solar module for utility and commercial applications.
Advanced solar module with bifacial technology for energy yield.
Efficient solar panel for residential and industrial use.
High-output solar module supporting sustainable energy needs.
Apps and channels of Avaada Solar
its YouTube channel Avaada Group has 5.27K subscribers and 30 videos.
Videos from Avaada Solar
The most watched videos on Avaada Solar's YouTube channel, Avaada Group (5.27K subscribers). Click a video to play it here.
More on Avaada Group.
Board of directors of Avaada Electro Limited (Avaada Solar)
Avaada Electro Limited is the primary company behind Avaada Solar. The board of Avaada Electro Limited currently have 8 directors; the longest-serving is Vinoo George, appointed in 2021. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinoo George DIN 00993702 | Whole-time director | 30 Jun 2021 | 5 yrs 3 mo | Avaada Electro Limited |
| Kaushal Gautambhai Shah DIN 06898439 | CFO | 14 Aug 2025 | 1 yr 2 mo | Avaada Electro Limited |
| Sindoor Vineet Mittal DIN 00292184 | Director | 06 Sep 2025 | 1 yr 1 mo | Avaada Electro Limited |
| Surendra Gupta DIN 02546773 | Company Secretary | 30 Sep 2025 | 1 yr | Avaada Electro Limited |
| Vineet Mittal DIN 00058552 | Whole-time director | 30 Sep 2025 | 1 yr | Avaada Electro Limited |
| Subhash Kamath DIN 01731923 | Director | 15 Oct 2025 | 1 yr | Avaada Electro Limited |
| Rajnish Kumar DIN 05328267 | Director | 15 Oct 2025 | 1 yr | Avaada Electro Limited |
| Diana Elizabeth Miller DIN 11230867 | Director | 15 Oct 2025 | 1 yr | Avaada Electro Limited |
Financials of Avaada Solar
Figures of Avaada Electro Limited, the primary company behind Avaada Solar, for FY 2025. Revenue was ₹933 Cr (+2986% year on year). Net profit was ₹173 Cr (19% margin). EBITDA was ₹242 Cr (26% margin).
- ₹933 CrRevenue · FY 2025 · +2986% YoY
- ₹173 CrNet profit · 19% margin
- ₹242 CrEBITDA · 26% margin
- ₹771 CrPaid-up capital
- 36Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Avaada Electro Limited are on its company page.
Detailed financial statements for Avaada Solar
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Competitors of Avaada Solar
Avaada 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 Avaada Solar
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Avaada 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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Related news about Avaada Solar
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Frequently Asked Questions about Avaada Solar
Avaada Solar was founded in 2015.
Avaada Solar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Avaada Solar, Avaada Electro Limited, reported revenue of ₹933 Cr for FY 2025, up 2986% year on year.
Avaada Solar is a global leader in solar technology, specializing in the production of high-efficiency solar cells and modules through advanced manufacturing processes. The company offers solutions for utility-scale projects, commercial applications, and residential installations, emphasizing innovation and sustainability. Based in India with locations in New Delhi, Mumbai, and other regions, they support partners in delivering clean energy while focusing on cost-effectiveness and environmental benefits.
Avaada Solar's top competitors include SolarSquare, Oorjan and ZunRoof.
Avaada Solar offers Enlume G12, Enlume G12R, Integlow M10, and Integlow M10L.
Avaada Solar operates through Avaada Electro Limited.
The legal entities of Avaada Solar currently have 8 directors, including Kaushal Gautambhai Shah, Surendra Gupta, Subhash Kamath and others.