About Konark group
Konark group is a company based in Mumbai (India) founded in 1979. Konark group offers products and services including Textile Yarn, Cotton Spinning, Real Estate Projects, and Solar Energy Solutions. Konark group operates in a competitive market with competitors including Acciona Energy, Avaada Group, Greenko Group, Azure Power and Adani Green Energy, among others.
- Headquarter Mumbai, India
- Stage Public
- SectorsEnergy & Utilities
- Website konarkgroup.co.in
- Social LinkedIn
- Legal Name Konark Synthetic Limited
- Annual Revenue₹46.76 Cr
FY 2025 · +5% YoY
- Net Loss-₹3.41 Cr
FY 2025 · -7% margin
- EBITDA₹34.6 Lakh
FY 2025 · 1% margin
Associated legal entities of Konark group
Konark group is associated with 4 registered companies on The Company Check; the primary company is Konark Synthetic Limited, a listed company. 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 |
|---|---|---|---|---|---|---|---|
| Konark Synthetic Limited Listed CIN L17200MH1984PLC033451 | Active | 17 Jul 1984 | Mumbai, Maharashtra | ₹46.8 Cr | 13 | 6 | View details |
| Konark Gujarat Pv Private Limited CIN U40101MH2010PTC206540 | Active | 12 Aug 2010 | Mumbai, Maharashtra, India | $1.0M | – | – | View details |
| India Denim Limited CIN U17110GJ2005PLC046159 | Under Cirp | 31 May 2005 | Ahmedabad, Gujarat | ₹0.0 Cr | – | 6 | View details |
| Konark Gujarat Pv Private Limited CIN U40101WB2010PTC284382 | Active | 12 Aug 2010 | Kolkata, West Bengal | ₹3.7 Cr | – | 2 | View details |
Products & Services of Konark group
Konark group offers a comprehensive portfolio of products and services, including Textile Yarn, Cotton Spinning, Real Estate Projects, and Solar Energy Solutions.
Production and supply of yarn for textile applications
Processing cotton into yarns for industrial use
Development of residential and commercial properties
Installation and management of solar projects
Board of directors of Konark Synthetic Limited (Konark group)
Konark Synthetic Limited is the primary company behind Konark group. The boards of the 3 registered companies of Konark group currently have 9 directors; the longest-serving is Ramniwas Bhawarlal Somany, appointed in 2009. 44 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramniwas Bhawarlal Somany DIN 00012465 | Managing Director | 29 Apr 2009 | 17 yrs 5 mo | India Denim Limited |
| Amitabh Kejriwal Ramswaroop DIN 00005864 | CFO | 15 Dec 2016 | 9 yrs 9 mo | India Denim Limited |
| Anil Chaudhary DIN 00897159 | Director | 15 Feb 2018 | 8 yrs 7 mo | Konark Gujarat Pv Private Limited |
| Shonit Prakashchand Dalmia DIN 00059650 | Managing Director | 14 Aug 2021 | 5 yrs 1 mo | Konark Synthetic Limited |
| Anshul Atul Agrawal DIN 02060092 | Director | 28 Jun 2022 | 4 yrs 3 mo | Konark Synthetic Limited |
| Riyazuddin Kalimullah Khan DIN 09448909 | Director | 28 Jun 2022 | 4 yrs 3 mo | Konark Synthetic Limited, India Denim Limited |
| Priyanka Sunil Jha DIN 09671850 | Director | 18 Jul 2022 | 4 yrs 2 mo | Konark Synthetic Limited, India Denim Limited |
| Rahul Nareshbhai Shah DIN 09850644 | IRP/RP/Liquidator | 10 Oct 2023 | 3 yrs | India Denim Limited |
| Rajkumar Jagdishprasad Tripathi DIN 02782475 | Director | 10 Jul 2025 | 1 yr 3 mo | Konark Gujarat Pv Private Limited |
IPO & Listings of Konark group
Konark group is a publicly listed company on the BSE with ticker symbol KONARKSY in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Dec 1989
- Listed onBSE: 514128
- Listed entityKonark Synthetic Limited
- Exchange sectorProcess industries
- ISININE517D01019
- Share price₹42.47 (-1.21% on the day) · 2026-09-28
- Market capitalisation₹24.7 Cr
- Price to earnings133.3
- EPS (diluted, trailing year)₹0.32
- Volume (last session)2
Financials of Konark group
Figures of Konark Synthetic Limited, the primary company behind Konark group, for FY 2025. Revenue was ₹46.76 Cr (+5% year on year). Net loss was -₹3.41 Cr (-7% margin). EBITDA was ₹34.6 Lakh (1% margin). Revenue has grown at a compounded annual rate of +3% over three years and -8% over five years.
- ₹46.76 CrRevenue · FY 2025 · +5% YoY
- -₹3.41 CrNet loss · -7% margin
- ₹34.6 LakhEBITDA · 1% margin
- ₹5.81 CrPaid-up capital
- 13Employees (provident fund records)
- +3%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹46.6 Cr | ₹0.1 Cr | ₹0.7 Cr |
| 2024 | ₹46.7 Cr | -₹3.1 Cr | ₹3.2 Cr |
| 2023 | ₹43.6 Cr | ₹0.2 Cr | ₹3.3 Cr |
| 2022 | ₹47.4 Cr | -₹11.0 Cr | -₹5.8 Cr |
| 2021 | ₹40.1 Cr | -₹2.6 Cr | ₹2.0 Cr |
Balance sheet, profit and loss, cash flow and ratios of Konark Synthetic Limited are on its company page.
Detailed financial statements for Konark group
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Competitors of Konark group
Konark group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Acciona Energy, Avaada Group, Greenko Group, Azure Power and Adani Green Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acciona-energia.com | 1997 | Madrid, Spain | $567M | – | Renewable energy is developed, constructed, and marketed globally. | |
| avaada.com | 2009 | Delhi, India | $879.45M | 2,935 | Renewable energy projects in solar, wind, and storage are developed. | |
| greenkogroup.com | 2006 | Hyderabad, India | $942.81M | 160 | Energy transition and decarbonization solutions are provided by Greenko Group. | |
| azurepower.com | 2008 | Delhi, India | $174.06M | 902 | Provider of independent power producer in the utility scale renewable energy | |
| adanigreenenergy.com | 2012 | Ahmedabad, India | – | 1,112 | Renewable energy power is produced independently by Adani Green Energy. | |
| sunsure-energy.com | 2015 | Delhi, India | – | 254 | Renewable energy solutions including solar EPC and PPAs are provided. | |
| acme.in | 2003 | Gurugram, India | $212.19M | 202 | Solar energy projects are developed for sustainable energy solutions. | |
| herofutureenergies.com | 2012 | London, United Kingdom | $725M | 584 | Renewable energy projects are developed for utility-scale and commercial use. | |
| kpigreenenergy.com | 2008 | Surat, India | – | 415 | Solar and hybrid power projects are developed and operated. | |
| solararise.com | 2009 | Gurugram, India | $65.13M | 29 | Solar energy projects are developed and managed across India. |
Detailed competitors of Konark group
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Web traffic of Konark group
The website of Konark group (konarkgroup.co.in) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 100.2% vs previous month
Latest news on Konark Group
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Similar companies to Konark group
10 companies that operate in the same segment as Konark group (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 Konark group
Konark group was founded in 1979.
Konark group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Konark group, Konark Synthetic Limited, reported revenue of ₹46.76 Cr for FY 2025, up 5% year on year.
Konark Group was founded in 1979 and is based in Mumbai, India. Operations focus on renewable energy, with 50MW of solar power projects planned in Rajasthan and 25MW of wind power plants under development, set to expand beyond 50MW. Entry into hydro and biomass generation is anticipated. Bids for additional projects are targeted in Madhya Pradesh, Maharashtra, and Gujarat under state policies.
Konark group's top competitors include Avaada Group, Hero Future Energies and Azure Power.
Konark group offers Textile Yarn, Cotton Spinning, Real Estate Projects, and Solar Energy Solutions.
Yes, Konark group is publicly traded on BSE under the ticker symbol KONARKSY.
Konark group is associated with 3 legal entities: Konark Synthetic Limited, India Denim Limited, Konark Gujarat Pv Private Limited.
The legal entities of Konark group currently have 10 directors, including Shonit Prakashchand Dalmia, Anshul Atul Agrawal, Priyanka Sunil Jha and others.