About Bhaskar Solar
Bhaskar Solar is an Energy & Utilities company based in Kolkata (India) founded in 2011. It specializes in solar installations and rural electrification for sustainable energy access. It operates on a B2B model. The company has 460 employees. Its focus areas include Energy, Renewable Energy, Solar Power and Installation and Rural Solutions. Similar companies include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green and 3 more; 7 of its 8 listed similar companies have raised funding.
Company details
Bhaskar Solar, based in Kolkata, focuses on working in the energy sector, promoting renewable energy, solar power, and installation and rural solutions. Specializes in solar installations and rural electrification for sustainable energy access. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Kolkata, India
- Employees 460
- SectorsEnergy & Utilities
- Website bhaskarsolar.com
- Annual Revenue$284.95 K (USD)0as on Mar 31, 2022
- Employee Count460
Associated legal entities of Bhaskar Solar
Bhaskar Solar is associated with 2 registered companies on The Company Check. 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 |
|---|---|---|---|---|---|---|---|
| Innovel Energy Services Private Limited CIN U52190WB2012PTC184299 | Active | 01 Aug 2012 | Kolkata, West Bengal | ₹40.9 Cr | 473 | 2 | View details |
| Bhaskar Silicon Private Limited CIN U14290WB2008PTC125627 | Active | 13 May 2008 | Kolkata, West Bengal | – | – | 3 | View details |
Board of directors of Bhaskar Solar
The boards of the 2 registered companies of Bhaskar Solar currently have 4 directors; the longest-serving is Jyoti Kumar Poddar, appointed in 2012. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jyoti Kumar Poddar DIN 00690650 | Director | 01 Aug 2012 | 14 yrs 2 mo | Innovel Energy Services Private Limited |
| Prakash Prajapati DIN 09272093 | Director | 06 Aug 2021 | 5 yrs 2 mo | Innovel Energy Services Private Limited |
| Kunal Sadhukhan DIN 10422257 | Director | 07 Dec 2023 | 2 yrs 10 mo | Bhaskar Silicon Private Limited |
| Swarup Roy DIN 10605275 | Director | 26 Apr 2024 | 2 yrs 5 mo | Bhaskar Silicon Private Limited |
Financials of Bhaskar Solar
Figures of Innovel Energy Services Private Limited, the primary company behind Bhaskar Solar, for FY 2025. Revenue was ₹40.90 Cr (0% year on year). Net profit was ₹27.4 Lakh (1% margin). EBITDA was ₹71.2 Lakh (2% margin). Revenue has grown at a compounded annual rate of -25% over three years and -15% over five years.
- ₹40.90 CrRevenue · FY 2025 · 0% YoY
- ₹27.4 LakhNet profit · 1% margin
- ₹71.2 LakhEBITDA · 2% margin
- ₹9.47 CrPaid-up capital
- 473Employees (provident fund records)
- -25%Revenue CAGR, 3 years
- -15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innovel Energy Services Private Limited are on its company page.
Detailed financial statements for Bhaskar Solar
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Similar companies to Bhaskar Solar
Bhaskar Solar has 8 listed similar companies in our database, 7 of them funded. They include Lightsource BP, Freyr Energy, Fourth Partner Energy, Sterling And Wilson and Prozeal Green, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lightsourcebp.com | 2010 | Holborn, United Kingdom | $417.9M | 1,101 | Solar energy projects are developed and operated by Lightsource BP. | |
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| 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. | |
| prozealgreen.com | 2011 | Ahmedabad, India | $7.34M | 336 | Provider of solar EPC, IPP services, and battery energy storage systems | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services | |
| mahindrasusten.com | 2010 | Mumbai, India | – | 180 | Turnkey EPC services for solar power plants are provided. | |
| roofsol.com | 2016 | Mumbai, India | $31.23M | 168 | Provides solar plant installations, providing engineering, procurement, and construction services |
Detailed similar companies of Bhaskar Solar
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Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Bhaskar Solar (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
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 and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Bhaskar Solar
Bhaskar Solar was founded in 2011.
Bhaskar Solar is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Bhaskar Solar has 460 employees.
Annual revenue of Bhaskar Solar is $284.95K as on Mar 31, 2022.
Bhaskar Solar, based in Kolkata, focuses on working in the energy sector, promoting renewable energy, solar power, and installation and rural solutions. Specializes in solar installations and rural electrification for sustainable energy access. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Bhaskar Solar's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.
Bhaskar Solar is associated with 2 legal entities: Innovel Energy Services Private Limited, Bhaskar Silicon Private Limited.
The legal entities of Bhaskar Solar currently have 5 directors, including Prakash Prajapati, Jyoti Kumar Poddar, Kunal Sadhukhan and others.