About Solchrome
The company has 6 employees. Solchrome offers products and services including Solar Selective Coating Sheets and Solar Water Heating Systems.
- Employees 6
- SectorsEnergy & Utilities
- Email••••••••
- Social Facebook
- Legal Name Solchrome Private Limited
- Date of Incorporation 27 Nov, 1984
- Jurisdiction Himachal Pradesh, India
- Annual Revenue₹4.74 Cr
FY 2024 · +53% YoY
- Net Profit₹38.8 Lakh
FY 2024 · 8% margin
- EBITDA₹35.5 Lakh
FY 2024 · 7% margin
- Employee Count6
Associated legal entities of Solchrome
Solchrome operates through Solchrome Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solchrome Private Limited CIN U45202HP1984PTC007109 | Active | 27 Nov 1984 | – | ₹4.7 Cr | 6 | 2 | View details |
Products & Services of Solchrome
Solchrome offers a comprehensive portfolio of products and services, including Solar Selective Coating Sheets and Solar Water Heating Systems.
Black Continuously Plated sheets for solar collectors are produced using advanced electroplating techniques.
Systems for heating water are provided based on solar thermal technology.
Board of directors of Solchrome Private Limited (Solchrome)
Solchrome Private Limited is the primary company behind Solchrome. The board of Solchrome Private Limited currently have 2 directors; the longest-serving is Riteesh Mohan Bakshi, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Riteesh Mohan Bakshi DIN 07978514 | Director | 01 Oct 2018 | 8 yrs | Solchrome Private Limited |
| Raghav Mohan Bakshi DIN 07980315 | Director | 01 Oct 2018 | 8 yrs | Solchrome Private Limited |
Financials of Solchrome
Figures of Solchrome Private Limited, the primary company behind Solchrome, for FY 2024. Revenue was ₹4.74 Cr (+53% year on year). Net profit was ₹38.8 Lakh (8% margin). EBITDA was ₹35.5 Lakh (7% margin). Revenue has grown at a compounded annual rate of +27% over three years and +12% over five years.
- ₹4.74 CrRevenue · FY 2024 · +53% YoY
- ₹38.8 LakhNet profit · 8% margin
- ₹35.5 LakhEBITDA · 7% margin
- ₹90.9 LakhPaid-up capital
- 6Employees (provident fund records)
- +27%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Solchrome Private Limited are on its company page.
Detailed financial statements for Solchrome
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Similar companies to Solchrome
10 companies that operate in the same segment as Solchrome (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Solchrome
Solchrome has 6 employees.
The primary company behind Solchrome, Solchrome Private Limited, reported revenue of ₹4.74 Cr for FY 2024, up 53% year on year.
Solchrome Private Limited is recognized as a pioneer in the field of solar thermal energy, having been founded in 1984. The company is involved in the production of solar selective coating sheets, flat plate solar collectors, and water heating systems at its facility in Parwanoo, Himachal Pradesh, India. These products are based on Canadian technology and are aimed at import substitution and technological advancements. Hundreds of thousands of square meters of coating sheets have been produced and exported, while solutions in solar photovoltaic sectors, such as rooftop systems, are also offered. The company maintains ISO 9001:2008 certification, ensuring consistent quality in its manufacturing processes. (78 words).
Solchrome offers Solar Selective Coating Sheets and Solar Water Heating Systems.
Solchrome operates through Solchrome Private Limited.
The legal entities of Solchrome currently have 2 directors, including Riteesh Mohan Bakshi, Raghav Mohan Bakshi.