About Devottam Solar System
Devottam Solar System was an Energy & Utilities company based in Noida (India) founded in 2019. It delivers comprehensive solar EPC services for projects. It operates on a B2B model. Its Indian entity Devottam Solar Systems Private Limited reported revenue of ₹57 Lakh. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Energy and EPC Services. Similar companies include Rays Power Infra, Amplus Solar and Fourth Partner Energy; 3 of its 3 listed similar companies have raised funding.
Company details
Devottam Solar System, established in 2019, excels in working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. Delivers comprehensive solar EPC services for projects. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Noida, India
- SectorsEnergy & Utilities
- Website devottamsolar.com
- Legal Name Devottam Solar Systems Private Limited
- Date of Incorporation 20 Jul, 2017
- Jurisdiction Bareilly, Uttar Pradesh, India
- Annual Revenue₹57 Lakh
FY 2023 · +635% YoY
- Net Profit₹4.2 Lakh
FY 2023 · 7% margin
- EBITDA₹4.6 Lakh
FY 2023 · 8% margin
Associated legal entities of Devottam Solar System
Devottam Solar System operates through Devottam Solar Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Devottam Solar Systems Private Limited CIN U74999UP2017PTC095211 | Active | 20 Jul 2017 | Bareilly, Uttar Pradesh | ₹0.6 Cr | 3 | View details |
Board of directors of Devottam Solar Systems Private Limited (Devottam Solar System)
Devottam Solar Systems Private Limited is the primary company behind Devottam Solar System. The board of Devottam Solar Systems Private Limited currently have 3 directors; the longest-serving is Prem Prakash Gangwar, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prem Prakash Gangwar DIN 06568733 | Director | 20 Jul 2017 | 9 yrs 3 mo | Devottam Solar Systems Private Limited |
| Hemlata Gangwar DIN 07247905 | Additional Director | 30 Aug 2017 | 9 yrs 1 mo | Devottam Solar Systems Private Limited |
| Chand Mian DIN 08710114 | Director | 25 Feb 2020 | 6 yrs 7 mo | Devottam Solar Systems Private Limited |
Financials of Devottam Solar System
Figures of Devottam Solar Systems Private Limited, the primary company behind Devottam Solar System, for FY 2023. Revenue was ₹57 Lakh (+635% year on year). Net profit was ₹4.2 Lakh (7% margin). EBITDA was ₹4.6 Lakh (8% margin). Revenue has grown at a compounded annual rate of -17% over three years and +40% over five years.
- ₹57 LakhRevenue · FY 2023 · +635% YoY
- ₹4.2 LakhNet profit · 7% margin
- ₹4.6 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- -17%Revenue CAGR, 3 years
- +40%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Devottam Solar Systems Private Limited are on its company page.
Detailed financial statements for Devottam Solar System
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Similar companies to Devottam Solar System
Devottam Solar System has 3 listed similar companies in our database, 3 of them funded. They include Rays Power Infra, Amplus Solar and Fourth Partner Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| amplussolar.com | 2008 | Gurugram, India | $7.16M | 150 | Solar installation services and renewable energy solutions are provided. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. |
Detailed similar companies of Devottam Solar System
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Devottam Solar System (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 Devottam Solar System
Devottam Solar System was founded in 2019.
Devottam Solar System is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind Devottam Solar System, Devottam Solar Systems Private Limited, reported revenue of ₹57 Lakh for FY 2023, up 635% year on year.
Devottam Solar System, established in 2019, excels in working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. Delivers comprehensive solar EPC services for projects. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Devottam Solar System's top competitors include Rays Power Infra, Fourth Partner Energy and Amplus Solar.
Devottam Solar System operates through Devottam Solar Systems Private Limited.
The legal entities of Devottam Solar System currently have 3 directors, including Prem Prakash Gangwar, Chand Mian, Hemlata Gangwar.