About SolarCiti
SolarCiti is an Energy & Utilities company based in Vijayawada (India) founded in 2014. It develops solar energy projects, overseeing design, installation, and operations. It operates on a B2B model. Its Indian entity Adusumilli Solarciti Private Limited reported revenue of ₹1.49 Cr. Its focus areas include Energy, Renewable Energy, Solar Energy and Project Management. Similar companies include Rays Power Infra, Amplus Solar, Fourth Partner Energy, SB Energy and Oriano Solar and 5 more; 8 of its 10 listed similar companies have raised funding.
Company details
SolarCiti develops solar energy projects, overseeing design, installation, and operations, focusing on working in the energy sector, promoting renewable energy, developing solar energy systems, and offering project management. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Vijayawada, India
- SectorsEnergy & Utilities
- Website solarciti.in
- Legal Name Adusumilli Solarciti Private Limited
- Date of Incorporation 19 Sep, 2014
- Jurisdiction Vijayawada, Andhra Pradesh, India
- Annual Revenue₹1.49 Cr
FY 2021 · -56% YoY
- Net Profit₹2.2 Lakh
FY 2021 · 1% margin
- EBITDA₹6.5 Lakh
FY 2021 · 4% margin
Associated legal entities of SolarCiti
SolarCiti operates through Adusumilli Solarciti Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adusumilli Solarciti Private Limited CIN U52100AP2014PTC095345 | Active | 19 Sep 2014 | Vijayawada, Andhra Pradesh | ₹1.5 Cr | – | 3 | View details |
Board of directors of Adusumilli Solarciti Private Limited (SolarCiti)
Adusumilli Solarciti Private Limited is the primary company behind SolarCiti. The board of Adusumilli Solarciti Private Limited currently have 3 directors; the longest-serving is Krishna Mohana Rao Adusumilli, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishna Mohana Rao Adusumilli DIN 06947066 | Director | 19 Sep 2014 | 12 yrs 1 mo | Adusumilli Solarciti Private Limited |
| Adusumilli Varun DIN 06947075 | Director | 19 Sep 2014 | 12 yrs 1 mo | Adusumilli Solarciti Private Limited |
| Sujatha Adusumilli DIN 09243470 | Additional Director | 17 Jul 2021 | 5 yrs 3 mo | Adusumilli Solarciti Private Limited |
Financials of SolarCiti
Figures of Adusumilli Solarciti Private Limited, the primary company behind SolarCiti, for FY 2021. Revenue was ₹1.49 Cr (-56% year on year). Net profit was ₹2.2 Lakh (1% margin). EBITDA was ₹6.5 Lakh (4% margin). Revenue has grown at a compounded annual rate of -2% over three years and +98% over five years.
- ₹1.49 CrRevenue · FY 2021 · -56% YoY
- ₹2.2 LakhNet profit · 1% margin
- ₹6.5 LakhEBITDA · 4% margin
- ₹10 LakhPaid-up capital
- -2%Revenue CAGR, 3 years
- +98%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Adusumilli Solarciti Private Limited are on its company page.
Detailed financial statements for SolarCiti
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Similar companies to SolarCiti
SolarCiti has 10 listed similar companies in our database, 8 of them funded. They include Rays Power Infra, Amplus Solar, Fourth Partner Energy, SB Energy and Oriano Solar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| amplussolar.com | 2008 | Gurugram, India | $7.16M | 150 | Solar installation services and renewable energy solutions are provided. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sbenergy.com | 2015 | Delhi, India | – | 88 | Solar energy projects are developed and managed globally. | |
| oriano.com | 2015 | Mumbai, India | $3.82M | 228 | Solar energy projects are developed by Oriano Solar in India. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. | |
| ampin.energy | 2016 | Delhi, India | $448.28M | – | Developer of utility scale solar and wind power projects | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services | |
| mahindrasusten.com | 2010 | Mumbai, India | – | 180 | Turnkey EPC services for solar power plants are provided. | |
| ayanapower.com | 2017 | Bengaluru, India | $720M | 158 | Utility-scale solar, wind, hybrid, and clean energy projects are developed. |
Detailed similar companies of SolarCiti
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- Full competitor set
- Operating metrics
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Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as SolarCiti (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 |
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Frequently Asked Questions about SolarCiti
SolarCiti was founded in 2014.
SolarCiti is headquartered in Vijayawada, India. It is registered at Vijayawada, Andhra Pradesh, India.
The primary company behind SolarCiti, Adusumilli Solarciti Private Limited, reported revenue of ₹1.49 Cr for FY 2021, down 56% year on year.
SolarCiti develops solar energy projects, overseeing design, installation, and operations, focusing on working in the energy sector, promoting renewable energy, developing solar energy systems, and offering project management. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
SolarCiti's top competitors include Rays Power Infra, Fourth Partner Energy and Oriano Solar.
SolarCiti operates through Adusumilli Solarciti Private Limited.
The legal entities of SolarCiti currently have 3 directors, including Sujatha Adusumilli, Krishna Mohana Rao Adusumilli, Adusumilli Varun.