Sanelite Solar

Ahmedabad, India Founded: 2010 • Age: 16 yrs
Manufactures solar panels, offers EPC services, and installs renewable energy systems.

About Sanelite Solar

Sanelite Solar is an Energy & Utilities company based in Ahmedabad (India) founded in 2010. It manufactures solar panels, offers EPC services, and installs renewable energy systems. It operates on a B2B and D2C model. The company has 44 employees. Its Indian entity Sanelite Solar Private Limited reported revenue of β‚Ή18.44 Cr. Sanelite Solar offers products and services including Solar PV Module, DIY Solar Kit, and Solar Water Pump. Its focus areas include Energy, Renewable Energy, Solar and PV Systems. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.

Company details

Sanelite Solar Specializes In Renewable Energy, Focusing On Solar Pv Module Manufacturing And End-to-end Epc Installations For Residential And Commercial Clients. Based In Ahmedabad, India, They Provide High-quality Solar Systems, Including Rooftop Setups And Operation Maintenance Services. With Over 10 Years Of Experience, They Emphasize Reliability In Solar Energy Solutions, Serving Contractors And Distributors While Prioritizing Performance And Quality Workmanship.

  • Headquarters Ahmedabad, India
  • Employees 44
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website sanelitesolar.com
  • Social LinkedIn Facebook Instagram
  • Legal Name Sanelite Solar Pvt Ltd
  • Date of Incorporation 16 Feb, 2016
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹18.44 Cr

    FY 2024 · +18% YoY

  • Net Profit
    ₹28.5 Lakh

    FY 2024 · 2% margin

  • EBITDA
    ₹1.31 Cr

    FY 2024 · 7% margin

  • Employee Count
    44

Products & Services of Sanelite Solar

Sanelite Solar offers a comprehensive portfolio of products and services, including Solar PV Module, DIY Solar Kit, and Solar Water Pump.

Solar PV Module
Solar Products

Manufactures photovoltaic modules for generating renewable energy.

DIY Solar Kit
Solar Products

Provides kits for easy home-based solar power installation.

Solar Water Pump
Solar Products

Offers pumps using solar energy for water pumping applications.

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

Sanelite Solar Private Limited is the primary company behind Sanelite Solar. The boards of the 2 registered companies of Sanelite Solar currently have 4 directors; the longest-serving is Foramben Bhaveshbhai Modi, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Foramben Bhaveshbhai Modi
DIN 02839763
Director01 May 20179 yrs 5 moSanelite Solar Private Limited
Atrikumar Sureshchandra Modi
DIN 08637407
Designated Partner12 Dec 20223 yrs 10 moSanelite Cinema Llp
Bhavesh Dahyalal Modi
DIN 07389740
Designated Partner12 Dec 20223 yrs 10 moSanelite Cinema Llp, Sanelite Solar Private Limited
Sunil Dahyalal Modi
DIN 02511092
Designated Partner12 Dec 20223 yrs 10 moSanelite Cinema Llp, Sanelite Solar Private Limited

Financials of Sanelite Solar

Figures of Sanelite Solar Private Limited, the primary company behind Sanelite Solar, for FY 2024. Revenue was ₹18.44 Cr (+18% year on year). Net profit was ₹28.5 Lakh (2% margin). EBITDA was ₹1.31 Cr (7% margin). Revenue has grown at a compounded annual rate of -10% over three years and +6% over five years.

  • ₹18.44 CrRevenue · FY 2024 · +18% YoY
  • ₹28.5 LakhNet profit · 2% margin
  • ₹1.31 CrEBITDA · 7% margin
  • ₹2.00 CrPaid-up capital
  • 44Employees (provident fund records)
  • -10%Revenue CAGR, 3 years
  • +6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sanelite Solar Private Limited are on its company page.

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Detailed financial statements for Sanelite Solar

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Competitors of Sanelite Solar

Sanelite Solar has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
solarsquare.in2015Mumbai, India$61.07M1,463
Provider of solar panel installation services
zunroof.com2016Gurugram, India$17.97M73
Provider of solar panel installation and O&M services
oorjan.com2014Mumbai, India$655,03785
Solar project financing and development
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Detailed competitors of Sanelite Solar

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Sanelite Solar

The website of Sanelite Solar (sanelitesolar.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▲ 9.3% vs previous month

Similar websites

Websites whose visitors overlap most with Sanelite Solar. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
lumesolar.com
87%
View details
sahajsolar.com
86%
5.1K#3,517,064View details
urenergyglobal.com
25%
1.4K#7,613,461View details
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Frequently Asked Questions about Sanelite Solar

Sanelite Solar was founded in 2010.

Sanelite Solar is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Sanelite Solar has 44 employees.

The primary company behind Sanelite Solar, Sanelite Solar Private Limited, reported revenue of β‚Ή18.44 Cr for FY 2024, up 18% year on year.

Sanelite Solar Specializes In Renewable Energy, Focusing On Solar Pv Module Manufacturing And End-to-end Epc Installations For Residential And Commercial Clients. Based In Ahmedabad, India, They Provide High-quality Solar Systems, Including Rooftop Setups And Operation Maintenance Services. With Over 10 Years Of Experience, They Emphasize Reliability In Solar Energy Solutions, Serving Contractors And Distributors While Prioritizing Performance And Quality Workmanship.

Sanelite Solar's top competitors include SolarSquare, Oorjan and ZunRoof.

Sanelite Solar offers Solar PV Module, DIY Solar Kit, and Solar Water Pump.

Sanelite Solar is associated with 2 legal entities: Sanelite Solar Private Limited, Sanelite Cinema Llp.

The legal entities of Sanelite Solar currently have 4 directors, including Atrikumar Sureshchandra Modi, Bhavesh Dahyalal Modi, Sunil Dahyalal Modi and others.

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