
About Kaushal Solar
Kaushal Solar is an Energy & Utilities company based in Pune (India) founded in 1998. It manufactures solar thermal systems and installs grid-connected solar power solutions. It operates on a B2B and B2C model. Its Indian entity Kaushal Solar Equipments Pvt Ltd reported revenue of βΉ2.51 Cr. Kaushal Solar offers products and services including Solar Thermal Systems, Solar Electric Systems, and Solar Pool Heating Systems. Its focus areas include Energy, Renewable Energy, Solar Thermal and Water Heating. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Kaushal Solar, based in Pune, India, specializes in manufacturing and installing solar thermal systems for water heating and solar electric systems for power generation. They offer a range of products including flat plate collectors, day-night systems, and grid-connected rooftop setups. Serving clients like hotels, hospitals, housing societies, and communities, they focus on reducing electricity costs through renewable energy. With over 31 years of experience, they have installed millions of liters of hot water systems and various solar projects across Maharashtra and beyond.
- Headquarters Pune, India
- SectorsEnergy & Utilities
- Emailβ’β’β’β’β’β’β’β’
- Website kaushalsolar.in
- Legal Name Kaushal Solar Equipments Pvt Ltd
- Date of Incorporation 24 Sep, 1993
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.51 Cr
FY 2025 · -15% YoY
- Net Loss-₹8.7 Lakh
FY 2025 · -3% margin
- EBITDA₹6.2 Lakh
FY 2025 · 2% margin
Associated legal entities of Kaushal Solar
Kaushal Solar operates through Kaushal Solar Equipments Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kaushal Solar Equipments Pvt Ltd CIN U40106MH1993PTC074103 | Active | 24 Sep 1993 | Pune, Maharashtra | ₹2.5 Cr | 4 | View details |
Products & Services of Kaushal Solar
Kaushal Solar offers a comprehensive portfolio of products and services, including Solar Thermal Systems, Solar Electric Systems, and Solar Pool Heating Systems.
Manufactures flat plate collectors for efficient solar water heating applications.
Installs grid-connected rooftop systems to generate and supply electricity.
Provides systems for heating swimming pools using solar energy efficiently.
Board of directors of Kaushal Solar Equipments Pvt Ltd (Kaushal Solar)
Kaushal Solar Equipments Pvt Ltd is the primary company behind Kaushal Solar. The board of Kaushal Solar Equipments Pvt Ltd currently have 4 directors; the longest-serving is Chandramohan Madhoram Kaushal, appointed in 1993. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chandramohan Madhoram Kaushal DIN 00803590 | Whole-time director | 24 Sep 1993 | 33 yrs 1 mo | Kaushal Solar Equipments Pvt Ltd |
| Smita Chandramohan Kaushal DIN 00561309 | Whole-time director | 01 Apr 1995 | 31 yrs 7 mo | Kaushal Solar Equipments Pvt Ltd |
| Sanjay Madhukar Karavade DIN 02380359 | Director | 30 Dec 2008 | 17 yrs 10 mo | Kaushal Solar Equipments Pvt Ltd |
| Dilip Bhaskar Lele DIN 06377507 | Whole-time director | 11 Sep 2012 | 14 yrs 1 mo | Kaushal Solar Equipments Pvt Ltd |
Financials of Kaushal Solar
Figures of Kaushal Solar Equipments Pvt Ltd, the primary company behind Kaushal Solar, for FY 2025. Revenue was ₹2.51 Cr (-15% year on year). Net loss was -₹8.7 Lakh (-3% margin). EBITDA was ₹6.2 Lakh (2% margin). Revenue has grown at a compounded annual rate of -7% over three years and +4% over five years.
- ₹2.51 CrRevenue · FY 2025 · -15% YoY
- -₹8.7 LakhNet loss · -3% margin
- ₹6.2 LakhEBITDA · 2% margin
- ₹60.9 LakhPaid-up capital
- -7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kaushal Solar Equipments Pvt Ltd are on its company page.
Detailed financial statements for Kaushal Solar
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- Statement rows
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- Downloads
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Competitors of Kaushal Solar
Kaushal 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 Kaushal Solar
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- Operating metrics
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Kaushal 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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Frequently Asked Questions about Kaushal Solar
Kaushal Solar was founded in 1998.
Kaushal Solar is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Kaushal Solar, Kaushal Solar Equipments Pvt Ltd, reported revenue of βΉ2.51 Cr for FY 2025, down 15% year on year.
Kaushal Solar, based in Pune, India, specializes in manufacturing and installing solar thermal systems for water heating and solar electric systems for power generation. They offer a range of products including flat plate collectors, day-night systems, and grid-connected rooftop setups. Serving clients like hotels, hospitals, housing societies, and communities, they focus on reducing electricity costs through renewable energy. With over 31 years of experience, they have installed millions of liters of hot water systems and various solar projects across Maharashtra and beyond.
Kaushal Solar's top competitors include SolarSquare, Oorjan and ZunRoof.
Kaushal Solar offers Solar Thermal Systems, Solar Electric Systems, and Solar Pool Heating Systems.
Kaushal Solar operates through Kaushal Solar Equipments Pvt Ltd.
The legal entities of Kaushal Solar currently have 4 directors, including Chandramohan Madhoram Kaushal, Smita Chandramohan Kaushal, Dilip Bhaskar Lele and others.