About solar panel system
solar panel system is an Energy & Utilities company based in Ahmedabad (India) founded in 2017. It manufactures solar panels and systems for homes, businesses, and industries in India. It operates on a B2B and B2C model. The company has 2 employees. Its website solarpanelsystem.in draws about 681 thousand monthly visits. Its Indian entity Grace Renewable Energy Limited reported revenue of ₹121 Cr. solar panel system offers products and services including Solar Panel Systems, Solar Inverters, and Solar Mounting Structures. Its focus areas include Energy, Renewable Energy, Solar and Panel Manufacturing. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
Grace Renewable Energy Specializes In Producing And Installing Solar Panel Systems, Including Mono And Poly Panels, Inverters, And Mounting Structures. The Company Operates In Ahmedabad, Gujarat, India, Offering Customized Solutions For Residential, Commercial, And Agricultural Clients. It Focuses On Efficient, Durable Products That Reduce Electricity Costs And Promote Renewable Energy Through Sales, Installations, And Maintenance Services.
- Headquarters Ahmedabad, India
- Employees 2
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website solarpanelsystem.in
- Legal Name Grace Renewable Energy Pvt. Ltd
- Date of Incorporation 05 Sep, 2013
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹121 Cr
FY 2025 · +55% YoY
- Net Profit₹9.79 Cr
FY 2025 · 8% margin
- EBITDA₹12.83 Cr
FY 2025 · 11% margin
- Employee Count2
Associated legal entities of solar panel system
solar panel system operates through Grace Renewable Energy 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 |
|---|---|---|---|---|---|---|---|
| Grace Renewable Energy Limited CIN U74110GJ2013PLC076707 | Active | 05 Sep 2013 | Ahmedabad, Gujarat | ₹121 Cr | 5 | 8 | View details |
Products & Services of solar panel system
solar panel system offers a comprehensive portfolio of products and services, including Solar Panel Systems, Solar Inverters, and Solar Mounting Structures.
Generate electricity from sunlight for homes and businesses
Convert DC to AC power for household and industrial use
Support solar panels on rooftops and grounds securely
Board of directors of Grace Renewable Energy Limited (solar panel system)
Grace Renewable Energy Limited is the primary company behind solar panel system. The board of Grace Renewable Energy Limited currently have 6 directors; the longest-serving is Manish Bagadia, appointed in 2013. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Bagadia DIN 02009864 | Managing Director | 05 Sep 2013 | 13 yrs 1 mo | Grace Renewable Energy Limited |
| Karuna Bagadia DIN 02346868 | Whole-time director | 22 Feb 2017 | 9 yrs 8 mo | Grace Renewable Energy Limited |
| Jigar Patel DIN 10630897 | Whole-time director | 17 May 2024 | 2 yrs 5 mo | Grace Renewable Energy Limited |
| Prashant Pratapbhai Agrawal DIN 10837275 | Director | 22 Nov 2024 | 1 yr 11 mo | Grace Renewable Energy Limited |
| Nagaraj Giridhar DIN 09106816 | Director | 24 May 2025 | 1 yr 5 mo | Grace Renewable Energy Limited |
| Vivek Gupta DIN 11122085 | Director | 24 May 2025 | 1 yr 5 mo | Grace Renewable Energy Limited |
Financials of solar panel system
Figures of Grace Renewable Energy Limited, the primary company behind solar panel system, for FY 2025. Revenue was ₹121 Cr (+55% year on year). Net profit was ₹9.79 Cr (8% margin). EBITDA was ₹12.83 Cr (11% margin). Revenue has grown at a compounded annual rate of +35% over three years and +29% over five years.
- ₹121 CrRevenue · FY 2025 · +55% YoY
- ₹9.79 CrNet profit · 8% margin
- ₹12.83 CrEBITDA · 11% margin
- ₹15.60 CrPaid-up capital
- 5Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grace Renewable Energy Limited are on its company page.
Detailed financial statements for solar panel system
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of solar panel system
solar panel system has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of solar panel system
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- Full competitor set
- Operating metrics
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Web traffic of solar panel system
The website of solar panel system (solarpanelsystem.in) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with solar panel system. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for solar panel system
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about solar panel system
solar panel system was founded in 2017.
solar panel system is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
solar panel system has 2 employees.
The primary company behind solar panel system, Grace Renewable Energy Limited, reported revenue of ₹121 Cr for FY 2025, up 55% year on year.
Grace Renewable Energy Specializes In Producing And Installing Solar Panel Systems, Including Mono And Poly Panels, Inverters, And Mounting Structures. The Company Operates In Ahmedabad, Gujarat, India, Offering Customized Solutions For Residential, Commercial, And Agricultural Clients. It Focuses On Efficient, Durable Products That Reduce Electricity Costs And Promote Renewable Energy Through Sales, Installations, And Maintenance Services.
solar panel system's top competitors include Servoteh, Borosil Renewables and Nessa.
solar panel system offers Solar Panel Systems, Solar Inverters, and Solar Mounting Structures.
solar panel system operates through Grace Renewable Energy Limited.
The legal entities of solar panel system currently have 8 directors, including Karuna Bagadia, Nagaraj Giridhar, Jigar Patel and others.
The website of solar panel system receives about 681 thousand visits a month.