About Polaris Energy Solution
Polaris Energy Solution is an Energy & Utilities company based in Nashik (India) founded in 2017. It offers solar engineering, procurement, and construction for businesses and homeowners. It operates on a B2B and D2C model. Its Indian entity Polaris Renewable Solutions Private Limited reported revenue of ₹35.17 Cr. Polaris Energy Solution offers products and services including CAPEX Solar Services, OPEX Solar Services, EV Charging Stations, Solar Loan, and Solar Lease. Its focus areas include Energy, Electric Vehicles, Charging Infrastructure and Solar-powered. Its competitors include Gensol and Inspire Clean Energy.
Company details
Polaris Renewable Solution Private Limited, founded in 2015, is a Solar EPC company based in Nashik, India. They deliver comprehensive renewable energy solutions, including CAPEX, OPEX, and EV charging services, to industries, hotels, corporates, and homeowners. The company focuses on reducing power demands with clean energy through site assessments, installations, and financing options, while expanding to regions like Gujarat for efficient project execution.
- Headquarters Nashik, India
- SectorsEnergy & Utilities
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- Website polarisenergy.in
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- Legal Name Polaris Renewable Solutions Private Limited
- Date of Incorporation 13 Sep, 2017
- Jurisdiction Nashik, Maharashtra, India
- Annual Revenue₹35.17 Cr
FY 2025 · +134% YoY
- Net Profit₹1.68 Cr
FY 2025 · 5% margin
- EBITDA₹2.58 Cr
FY 2025 · 7% margin
Associated legal entities of Polaris Energy Solution
Polaris Energy Solution operates through Polaris Renewable Solutions 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 |
|---|---|---|---|---|---|---|---|
| Polaris Renewable Solutions Private Limited CIN U74999MH2017PTC299724 | Active | 13 Sep 2017 | Nashik, Maharashtra | ₹35.2 Cr | 11 | 3 | View details |
Products & Services of Polaris Energy Solution
Polaris Energy Solution offers a comprehensive portfolio of products and services, including CAPEX Solar Services, OPEX Solar Services, EV Charging Stations, Solar Loan, and Solar Lease.
Provides capital expenditure for owning solar systems and energy offset
Offers operational expenditure for solar energy production and consumption
Delivers solar-powered charging for electric vehicles in households and commercial settings
Facilitates loans for solar energy access up to five years duration
Enables leasing of solar systems for energy benefits over time
Board of directors of Polaris Renewable Solutions Private Limited (Polaris Energy Solution)
Polaris Renewable Solutions Private Limited is the primary company behind Polaris Energy Solution. The board of Polaris Renewable Solutions Private Limited currently have 3 directors; the longest-serving is Swapnil Sharad Tajanpure, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swapnil Sharad Tajanpure DIN 07890002 | Director | 13 Sep 2017 | 9 yrs 1 mo | Polaris Renewable Solutions Private Limited |
| Pushkar Madhukar Panchakshari DIN 09521043 | Director | 10 Feb 2022 | 4 yrs 8 mo | Polaris Renewable Solutions Private Limited |
| Gunpreet Singh Gujral DIN 07288759 | Director | 15 Mar 2024 | 2 yrs 7 mo | Polaris Renewable Solutions Private Limited |
Financials of Polaris Energy Solution
Figures of Polaris Renewable Solutions Private Limited, the primary company behind Polaris Energy Solution, for FY 2025. Revenue was ₹35.17 Cr (+134% year on year). Net profit was ₹1.68 Cr (5% margin). EBITDA was ₹2.58 Cr (7% margin). Revenue has grown at a compounded annual rate of +60% over three years and +58% over five years.
- ₹35.17 CrRevenue · FY 2025 · +134% YoY
- ₹1.68 CrNet profit · 5% margin
- ₹2.58 CrEBITDA · 7% margin
- ₹10 LakhPaid-up capital
- 11Employees (provident fund records)
- +60%Revenue CAGR, 3 years
- +58%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Polaris Renewable Solutions Private Limited are on its company page.
Detailed financial statements for Polaris Energy Solution
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Competitors of Polaris Energy Solution
Polaris Energy Solution has 2 listed competitors in our database. They include Gensol and Inspire Clean Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gensol.in | 2007 | Ahmedabad, India | 300 | Provider of solar advisory and execution services | ||
| inspire-ce.com | 2015 | Mumbai, India | 132 | Provides solar PV asset management and operations & maintenance services. |
Detailed competitors of Polaris Energy Solution
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Polaris Energy Solution (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 Polaris Energy Solution
Polaris Energy Solution was founded in 2017.
Polaris Energy Solution is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
The primary company behind Polaris Energy Solution, Polaris Renewable Solutions Private Limited, reported revenue of ₹35.17 Cr for FY 2025, up 134% year on year.
Polaris Renewable Solution Private Limited, founded in 2015, is a Solar EPC company based in Nashik, India. They deliver comprehensive renewable energy solutions, including CAPEX, OPEX, and EV charging services, to industries, hotels, corporates, and homeowners. The company focuses on reducing power demands with clean energy through site assessments, installations, and financing options, while expanding to regions like Gujarat for efficient project execution.
Polaris Energy Solution's top competitors include Gensol and Inspire Clean Energy.
Polaris Energy Solution offers CAPEX Solar Services, OPEX Solar Services, EV Charging Stations, Solar Loan, and Solar Lease.
Polaris Energy Solution operates through Polaris Renewable Solutions Private Limited.
The legal entities of Polaris Energy Solution currently have 3 directors, including Swapnil Sharad Tajanpure, Gunpreet Singh Gujral, Pushkar Madhukar Panchakshari.