About Levant Solar
Levant Solar is an Energy & Utilities company based in Raipur (India) founded in 2017. It delivers comprehensive solar panel installation services. It operates on a B2B model. The company has 29 employees. Its Indian entity Levant Solar Private Limited reported revenue of ₹4.27 Cr. Its focus areas include Energy, Renewable Energy, Solar Power and Installation Services. Its competitors include SolarCity, Sunnova, Sunrun, SunPower and SolarSquare and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Levant Solar delivers comprehensive solar panel installation services through working in the energy sector, promoting renewable energy, solar power, and installation services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Raipur, India
- Employees 29
- SectorsEnergy & Utilities
- Website levantsolar.com
- Legal Name Levant Solar Private Limited
- Date of Incorporation 15 Feb, 2017
- Jurisdiction Raipur, Chhattisgarh, India
- Annual Revenue₹4.27 Cr
FY 2024 · -81% YoY
- Net Profit₹3.4 Lakh
FY 2024 · 1% margin
- EBITDA₹50 Lakh
FY 2024 · 12% margin
- Employee Count29
Associated legal entities of Levant Solar
Levant Solar operates through Levant 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 |
|---|---|---|---|---|---|---|---|
| Levant Solar Private Limited CIN U31909CT2017PTC007793 | Active | 15 Feb 2017 | Raipur, Chhattisgarh | ₹4.3 Cr | 29 | 2 | View details |
Board of directors of Levant Solar Private Limited (Levant Solar)
Levant Solar Private Limited is the primary company behind Levant Solar. The board of Levant Solar Private Limited currently have 2 directors; the longest-serving is Dhiraj Vedula, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhiraj Vedula DIN 03642110 | Director | 15 Feb 2017 | 9 yrs 8 mo | Levant Solar Private Limited |
| Dinesh Vedula DIN 03642116 | Director | 18 Dec 2023 | 2 yrs 10 mo | Levant Solar Private Limited |
Financials of Levant Solar
Figures of Levant Solar Private Limited, the primary company behind Levant Solar, for FY 2024. Revenue was ₹4.27 Cr (-81% year on year). Net profit was ₹3.4 Lakh (1% margin). EBITDA was ₹50 Lakh (12% margin). Revenue has grown at a compounded annual rate of -42% over three years and +12% over five years.
- ₹4.27 CrRevenue · FY 2024 · -81% YoY
- ₹3.4 LakhNet profit · 1% margin
- ₹50 LakhEBITDA · 12% margin
- ₹1.00 CrPaid-up capital
- 29Employees (provident fund records)
- -42%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Levant Solar Private Limited are on its company page.
Detailed financial statements for Levant Solar
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Competitors of Levant Solar
Levant Solar has 9 listed competitors in our database, 8 of them funded. They include SolarCity, Sunnova, Sunrun, SunPower and SolarSquare, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarcity.com | 2006 | San Mateo, United States | $1.28B | – | Solar power systems are designed, financed, and installed for clients. | |
| sunnova.com | 2010 | Houston, United States | $1.54B | 644 | Solar services are provided to residential and commercial customers. | |
| sunrun.com | 2007 | San Francisco, United States | $296.98M | 8,360 | Solar energy services are provided to residential customers nationwide. | |
| sunpower.com | 1985 | San Jose, United States | $171.73M | 1,889 | Silicon-based solar PV modules are manufactured for diverse applications. | |
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| 3degreesinc.com | 2007 | San Francisco, United States | $9.98M | 182 | Clean energy consulting and services are offered to support sustainability. | |
| vivintsolar.com | 2011 | Lehi, United States | – | 2,357 | Provider of solar installation and designing services for residential | |
| holaluz.com | 2010 | Barcelona, Spain | $4.33M | – | Power retailing company | |
| oorjasolutions.org | 2016 | Delhi, India | $2.51M | – | Solar-powered irrigation and tech services for farmers are provided. |
Detailed competitors of Levant Solar
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- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Levant 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 2.81 B | USD 17.62 K | 5,752 | |
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 111.38 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 Levant Solar
Levant Solar was founded in 2017.
Levant Solar is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.
Levant Solar has 29 employees.
The primary company behind Levant Solar, Levant Solar Private Limited, reported revenue of ₹4.27 Cr for FY 2024, down 81% year on year.
Levant Solar delivers comprehensive solar panel installation services through working in the energy sector, promoting renewable energy, solar power, and installation services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Levant Solar operates through Levant Solar Private Limited.
The legal entities of Levant Solar currently have 2 directors, including Dhiraj Vedula, Dinesh Vedula.