About Photonix Solar
Photonix Solar is an Energy & Utilities company based in Pune (India) founded in 2009. It manufactures solar photovoltaic modules. It operates on a B2B model. Its Indian entity Photonix Solar Private Limited reported revenue of ₹10.3 Lakh. Its focus areas include Energy, Renewable Energy, Solar Manufacturing and PV Modules. Similar companies include Kyocera, Trina Solar, Goldi Solar, Su-Kam Power Systems and Emmvee and 3 more; 4 of its 8 listed similar companies have raised funding.
Company details
Photonix Solar manufactures solar photovoltaic modules through working in the energy sector, promoting renewable energy, solar manufacturing, and pv modules. 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 Pune, India
- SectorsEnergy & Utilities
- Website photonixsolar.com
- Legal Name Photonix Solar Private Limited
- Date of Incorporation 29 Jul, 2009
- Jurisdiction Wai, Maharashtra, India
- Annual Revenue₹10.3 Lakh
FY 2019 · -89% YoY
- Net Loss-₹1.34 Cr
FY 2019 · -1301% margin
- EBITDA-₹15,420
FY 2019 · -2% margin
Associated legal entities of Photonix Solar
Photonix Solar operates through Photonix Solar Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Photonix Solar Private Limited CIN U29100PN2009PTC134397 | Active | 29 Jul 2009 | Wai, Maharashtra | ₹0.1 Cr | – | 2 | View details |
Board of directors of Photonix Solar Private Limited (Photonix Solar)
Photonix Solar Private Limited is the primary company behind Photonix Solar. The board of Photonix Solar Private Limited currently have 2 directors; the longest-serving is Sunil Ramchand Gangwani, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Ramchand Gangwani DIN 05172829 | Additional Director | 07 Nov 2020 | 5 yrs 11 mo | Photonix Solar Private Limited |
| Subhash Balkrushana Lad DIN 09101369 | Additional Director | 11 Mar 2021 | 5 yrs 7 mo | Photonix Solar Private Limited |
Financials of Photonix Solar
Figures of Photonix Solar Private Limited, the primary company behind Photonix Solar, for FY 2019. Revenue was ₹10.3 Lakh (-89% year on year). Net loss was -₹1.34 Cr (-1301% margin). EBITDA was -₹15,420 (-2% margin). Revenue has grown at a compounded annual rate of -80% over three years and -63% over five years.
- ₹10.3 LakhRevenue · FY 2019 · -89% YoY
- -₹1.34 CrNet loss · -1301% margin
- -₹15,420EBITDA · -2% margin
- ₹2.98 CrPaid-up capital
- -80%Revenue CAGR, 3 years
- -63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Photonix Solar Private Limited are on its company page.
Detailed financial statements for Photonix Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Photonix Solar
Photonix Solar has 8 listed similar companies in our database, 4 of them funded. They include Kyocera, Trina Solar, Goldi Solar, Su-Kam Power Systems and Emmvee, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| global.kyocera.com | 1959 | Horse Shoe, United States | $2M | 70,153 | Kyocera is engaged in providing technology solutions globally. | |
| trinasolar.com | 1997 | San Jose, United States | $40M | 69 | Photovoltaic cells for PV and smart energy solutions are developed. | |
| goldisolar.com | 2011 | Surat, India | $230.96M | 1,583 | Manufacturer of solar PV modules | |
| su-kam.com | 1988 | Gurugram, India | – | 288 | Solar panels and power storage products are manufactured. | |
| emmvee.com | 1992 | Bengaluru, India | – | 530 | Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. | |
| navitassolar.in | 2013 | Surat, India | $9.85M | 134 | Manufacturer of solar panel | |
| moserbaersolar.com | 1983 | Delhi, India | – | 70 | PV modules, solar tiles, and related solar products are manufactured. | |
| saatvikgroup.com | 2015 | Ambala, India | – | 154 | Manufactures solar modules and offers EPC services for renewable energy projects in India. |
Detailed similar companies of Photonix Solar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as Photonix Solar (Renewable Energy Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | 749 | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Photonix Solar
Photonix Solar was founded in 2009.
Photonix Solar is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Photonix Solar, Photonix Solar Private Limited, reported revenue of ₹10.3 Lakh for FY 2019, down 89% year on year.
Photonix Solar manufactures solar photovoltaic modules through working in the energy sector, promoting renewable energy, solar manufacturing, and pv modules. 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.
Photonix Solar's top competitors include Goldi Solar, Trina Solar and Kyocera.
Photonix Solar operates through Photonix Solar Private Limited.
The legal entities of Photonix Solar currently have 2 directors, including Subhash Balkrushana Lad, Sunil Ramchand Gangwani.