Quark Solar

Mumbai, India Founded: 2010 • Age: 16 yrs
Delivers turnkey EPC services for commercial solar projects in India.

About Quark Solar

Quark Solar is an Energy & Utilities company based in Mumbai (India) founded in 2010. It delivers turnkey EPC services for commercial solar projects in India. It operates on a B2B and Service Provider model. Its Indian entity Quark Solar Private Limited reported revenue of β‚Ή19.63 Cr. Quark Solar offers products and services including EPC Solutions, CAPEX Model, OPEX Model, and EMI Financing. Its focus areas include Energy, Renewable Energy, Solar Parks and Large-Scale Installations. Similar companies include Rays Power Infra, Amplus Solar and Fourth Partner Energy; 3 of its 3 listed similar companies have raised funding.

Company details

Quark Solar Pvt. Ltd. offers turnkey Engineering, Procurement, and Construction services for solar energy projects. They have commissioned over 15MWp across 400 projects, specializing in industrial rooftops and open access solutions. Operating from offices in Mumbai, Bangalore, Kerala, and Assam, they serve businesses through CAPEX, OPEX, and EMI financing models to promote renewable energy adoption.

  • Headquarters Mumbai, India
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website quarksolar.in
  • Social LinkedIn
  • Legal Name Quark Solar Private Limited
  • Date of Incorporation 20 Jul, 1998
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • 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

Products & Services of Quark Solar

Quark Solar offers a comprehensive portfolio of products and services, including EPC Solutions, CAPEX Model, OPEX Model, and EMI Financing.

EPC Solutions
Solar Installation

Provides turnkey engineering and construction for solar projects.

CAPEX Model
Solar Financing

Enables investment with accelerated depreciation benefits.

OPEX Model
Solar Financing

Offers upfront investment and monthly payments for power.

EMI Financing
Solar Financing

Allows phased payments for solar installations.

Board of directors of Quark Solar Private Limited (Quark Solar)

Quark Solar Private Limited is the primary company behind Quark Solar. 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.

DirectorDesignationAppointedTenureEntity
Sohini Pritam Doshi
DIN 00875599
Managing Director03 Nov 20187 yrs 11 moQuark Solar Private Limited
Pratibha Arvind Doshi
DIN 00519766
Director28 Aug 20233 yrs 1 moQuark Solar Private Limited

Financials of Quark Solar

Figures of Quark Solar Private Limited, the primary company behind Quark Solar, 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.

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Similar companies to Quark Solar

Quark Solar has 3 listed similar companies in our database, 3 of them funded. They include Rays Power Infra, Amplus Solar and Fourth Partner Energy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rayspowerinfra.com2011Jaipur, India$57.02M357
Turnkey solar engineering, procurement, and construction solutions are provided.
amplussolar.com2008Gurugram, India$7.16M150
Solar installation services and renewable energy solutions are provided.
fourthpartner.co2010Hyderabad, India$564.02M425
On-grid and off-grid solar solutions and products are provided.
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Frequently Asked Questions about Quark Solar

Quark Solar was founded in 2010.

Quark Solar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Quark Solar, Quark Solar Private Limited, reported revenue of β‚Ή19.63 Cr for FY 2025, down 0% year on year.

Quark Solar Pvt. Ltd. offers turnkey Engineering, Procurement, and Construction services for solar energy projects. They have commissioned over 15MWp across 400 projects, specializing in industrial rooftops and open access solutions. Operating from offices in Mumbai, Bangalore, Kerala, and Assam, they serve businesses through CAPEX, OPEX, and EMI financing models to promote renewable energy adoption.

Quark Solar's top competitors include Rays Power Infra, Fourth Partner Energy and Amplus Solar.

Quark Solar offers EPC Solutions, CAPEX Model, OPEX Model, and EMI Financing.

Quark Solar operates through Quark Solar Private Limited.

The legal entities of Quark Solar currently have 3 directors, including Pratibha Arvind Doshi, Sohini Pritam Doshi, Pritam Arvind Doshi.

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