Solargica

Founded: 2008 • Age: 18 yrs
Solar energy services, consultancy, and projects focused on renewable solutions.

About Solargica

Solargica is an Energy & Utilities company founded in 2008. Solar energy services, consultancy, and projects focused on renewable solutions. Its Indian entity Solargica Power Private Limited reported revenue of β‚Ή1.39 Cr. Solargica offers products and services including Solar PV Systems and Energy Consultancy. Its focus areas include Energy, Consultancy, Energy Projects and Installation Services.

Company details

Solargica is identified as a provider of solar services that encompass engineering, procurement, commissioning, and operations and maintenance for photovoltaic systems. Net metering is implemented to allow electricity generation from solar panels, with excess fed back to the grid for later use. Comprehensive studies on geographical factors such as sun irradiation and seasonal effects are conducted to ensure project feasibility. Benefits include CO2 reductions and support for residential, commercial, and industrial consumers, as evidenced by numerous completed projects that promote renewable energy adoption.

  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website solargica.com
  • Legal Name Solargica Power Pvt Ltd
  • Date of Incorporation 11 Jul, 2016
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹1.39 Cr

    FY 2024 · +44% YoY

  • Indian entity net profit
    ₹8.6 Lakh

    FY 2024 · 6% margin

  • Indian entity EBITDA
    ₹11.1 Lakh

    FY 2024 · 8% margin

Products & Services of Solargica

Solargica offers a comprehensive portfolio of products and services, including Solar PV Systems and Energy Consultancy.

Solar PV Systems
Renewable Energy

Solar PV systems are provided for generating electricity from solar panels in various applications.

Energy Consultancy
Consulting Services

Energy consultancy is offered for solar projects, including feasibility studies and system design.

Board of directors of Solargica Power Private Limited (Solargica)

Solargica Power Private Limited is the primary company behind Solargica. The board of Solargica Power Private Limited currently have 2 directors; the longest-serving is Panchal Akshay Anant, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Panchal Akshay Anant
DIN 07564252
Director11 Jul 201610 yrs 3 moSolargica Power Private Limited
Anchal Khandelwal
DIN 07673848
Director10 Jan 20179 yrs 9 moSolargica Power Private Limited

Financials of Solargica

Figures of Solargica Power Private Limited, the primary company behind Solargica, for FY 2024. Revenue was ₹1.39 Cr (+44% year on year). Net profit was ₹8.6 Lakh (6% margin). EBITDA was ₹11.1 Lakh (8% margin). Revenue has grown at a compounded annual rate of +50% over three years and +29% over five years.

  • ₹1.39 CrRevenue · FY 2024 · +44% YoY
  • ₹8.6 LakhNet profit · 6% margin
  • ₹11.1 LakhEBITDA · 8% margin
  • ₹1 LakhPaid-up capital
  • +50%Revenue CAGR, 3 years
  • +29%Revenue CAGR, 5 years

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

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Frequently Asked Questions about Solargica

Solargica was founded in 2008.

The primary company behind Solargica, Solargica Power Private Limited, reported revenue of β‚Ή1.39 Cr for FY 2024, up 44% year on year.

Solargica is identified as a provider of solar services that encompass engineering, procurement, commissioning, and operations and maintenance for photovoltaic systems. Net metering is implemented to allow electricity generation from solar panels, with excess fed back to the grid for later use. Comprehensive studies on geographical factors such as sun irradiation and seasonal effects are conducted to ensure project feasibility. Benefits include CO2 reductions and support for residential, commercial, and industrial consumers, as evidenced by numerous completed projects that promote renewable energy adoption.

Solargica offers Solar PV Systems and Energy Consultancy.

Solargica operates through Solargica Power Private Limited.

The legal entities of Solargica currently have 2 directors, including Panchal Akshay Anant, Anchal Khandelwal.

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