About PAE Renewables
PAE Renewables is an Energy & Utilities company based in Mumbai (India) founded in 2010. It designs and installs solar energy systems for sustainable solutions. It operates on a B2B model. Its Indian entity Quark Solar Private Limited reported revenue of ₹19.63 Cr. Its focus areas include Energy, Renewable Energy, Solar Systems and Installation Services. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
PAE Renewables, founded in 2010 in Mumbai, India, focuses on working in the energy sector, promoting renewable energy, solar systems, and installation services. Designs and installs solar energy systems for sustainable solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- SectorsEnergy & Utilities
- Website paerenewables.com
- Legal Name Quark Solar Private Limited
- Date of Incorporation 20 Jul, 1998
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹19.63 Cr
FY 2025 · 0% YoY
- Net Profit₹20 Lakh
FY 2025 · 1% margin
- EBITDA₹65.1 Lakh
FY 2025 · 3% margin
Associated legal entities of PAE Renewables
PAE Renewables operates through Quark Solar Private Limited (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 |
|---|---|---|---|---|---|---|---|
| Quark Solar Private Limited CIN U51397MH1998PTC115885 | Active | 20 Jul 1998 | Mumbai, Maharashtra | ₹19.6 Cr | 3 | View details |
Board of directors of Quark Solar Private Limited (PAE Renewables)
Quark Solar Private Limited is the primary company behind PAE Renewables. The board of Quark Solar Private Limited currently have 2 directors; the longest-serving is Sohini Pritam Doshi, appointed in 2018. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sohini Pritam Doshi DIN 00875599 | Managing Director | 03 Nov 2018 | 7 yrs 11 mo | Quark Solar Private Limited |
| Pratibha Arvind Doshi DIN 00519766 | Director | 28 Aug 2023 | 3 yrs 1 mo | Quark Solar Private Limited |
Financials of PAE Renewables
Figures of Quark Solar Private Limited, the primary company behind PAE Renewables, for FY 2025. Revenue was ₹19.63 Cr (0% year on year). Net profit was ₹20 Lakh (1% margin). EBITDA was ₹65.1 Lakh (3% margin). Revenue has grown at a compounded annual rate of -10% over three years and +20% over five years.
- ₹19.63 CrRevenue · FY 2025 · 0% YoY
- ₹20 LakhNet profit · 1% margin
- ₹65.1 LakhEBITDA · 3% margin
- ₹93.9 LakhPaid-up capital
- -10%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Quark Solar Private Limited are on its company page.
Detailed financial statements for PAE Renewables
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Similar companies to PAE Renewables
PAE Renewables has 3 listed similar companies in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed similar companies of PAE Renewables
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as PAE Renewables (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 PAE Renewables
PAE Renewables was founded in 2010.
PAE Renewables is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind PAE Renewables, Quark Solar Private Limited, reported revenue of ₹19.63 Cr for FY 2025, down 0% year on year.
PAE Renewables, founded in 2010 in Mumbai, India, focuses on working in the energy sector, promoting renewable energy, solar systems, and installation services. Designs and installs solar energy systems for sustainable solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
PAE Renewables's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
PAE Renewables operates through Quark Solar Private Limited.
The legal entities of PAE Renewables currently have 3 directors, including Pratibha Arvind Doshi, Sohini Pritam Doshi, Pritam Arvind Doshi.