About Floatex Solar
Floatex Solar is an Energy & Utilities company based in Delhi (India). It develops floating solar platforms for clean energy projects and installations. It operates on a B2B model. The company has 14 employees. Its Indian entity Floatex Solar Private Limited reported revenue of ₹214 Cr. Floatex Solar offers products and services including FSPV Solution and Ferrocement Platforms. Its focus areas include Energy, Renewable Energy, Sustainable Infrastructure and Water-Based Systems. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Floatex Solar, based in Delhi, India, engineers and supplies floating solar photovoltaic platforms for water bodies, optimizing land use and reducing carbon emissions. They design systems for energy generation, working on projects with clients like NTPC and TATA Power, totaling over 250MW capacity. The company focuses on innovation, including FSPV and ferrocement technologies, to promote sustainable renewable energy solutions across India.
- Headquarters Delhi, India
- Employees 14
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website floatexsolar.com
- Social LinkedIn YouTube
- Legal Name Floatex Solar Private Limited
- Date of Incorporation 07 Jan, 2020
- Jurisdiction Sahibabad, Uttar Pradesh, India
- Annual Revenue₹214 Cr
FY 2024 · +269% YoY
- Net Profit₹28.59 Cr
FY 2024 · 13% margin
- EBITDA₹39.08 Cr
FY 2024 · 18% margin
- Employee Count14
Associated legal entities of Floatex Solar
Floatex Solar operates through Floatex Solar 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 |
|---|---|---|---|---|---|---|---|
| Floatex Solar Private Limited CIN U36990UP2020PTC125413 | Active | 07 Jan 2020 | Sahibabad, Uttar Pradesh | ₹214 Cr | 14 | 2 | View details |
Products & Services of Floatex Solar
Floatex Solar offers a comprehensive portfolio of products and services, including FSPV Solution and Ferrocement Platforms.
Floating structures for solar PV on water bodies to generate renewable energy.
Durable platforms for mounting and protecting solar equipment in harsh conditions.
Apps and channels of Floatex Solar
its YouTube channel Floatex Solar has 42 subscribers and 3 videos.
Videos from Floatex Solar
The most watched videos on Floatex Solar's YouTube channel, Floatex Solar (42 subscribers). Click a video to play it here.
More on Floatex Solar.
Board of directors of Floatex Solar Private Limited (Floatex Solar)
Floatex Solar Private Limited is the primary company behind Floatex Solar. The board of Floatex Solar Private Limited currently have 2 directors; the longest-serving is Sunil Aggarwal, appointed in 2023. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Aggarwal DIN 00676871 | Director | 04 May 2023 | 3 yrs 5 mo | Floatex Solar Private Limited |
| Shravil Aggarwal DIN 02953891 | Director | 10 Apr 2024 | 2 yrs 6 mo | Floatex Solar Private Limited |
Financials of Floatex Solar
Figures of Floatex Solar Private Limited, the primary company behind Floatex Solar, for FY 2024. Revenue was ₹214 Cr (+269% year on year). Net profit was ₹28.59 Cr (13% margin). EBITDA was ₹39.08 Cr (18% margin). Revenue has grown at a compounded annual rate of +51% over three years.
- ₹214 CrRevenue · FY 2024 · +269% YoY
- ₹28.59 CrNet profit · 13% margin
- ₹39.08 CrEBITDA · 18% margin
- ₹1.01 CrPaid-up capital
- 14Employees (provident fund records)
- +51%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Floatex Solar Private Limited are on its company page.
Detailed financial statements for Floatex Solar
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Competitors of Floatex Solar
Floatex 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 Floatex Solar
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Frequently Asked Questions about Floatex Solar
Floatex Solar is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Floatex Solar has 14 employees.
The primary company behind Floatex Solar, Floatex Solar Private Limited, reported revenue of ₹214 Cr for FY 2024, up 269% year on year.
Floatex Solar, based in Delhi, India, engineers and supplies floating solar photovoltaic platforms for water bodies, optimizing land use and reducing carbon emissions. They design systems for energy generation, working on projects with clients like NTPC and TATA Power, totaling over 250MW capacity. The company focuses on innovation, including FSPV and ferrocement technologies, to promote sustainable renewable energy solutions across India.
Floatex Solar's top competitors include SolarSquare, Oorjan and ZunRoof.
Floatex Solar offers FSPV Solution and Ferrocement Platforms.
Floatex Solar operates through Floatex Solar Private Limited.
The legal entities of Floatex Solar currently have 2 directors, including Shravil Aggarwal, Sunil Aggarwal.