About Solwatt
Solwatt is an Energy & Utilities company based in Thrissur (India) founded in 2013. It manufactures and markets solar energy products for homes and businesses in India. It operates on a B2B and B2C model. Its Indian entity Solwatt Power Private Limited reported revenue of ₹1.40 Cr. Solwatt offers products and services including Solar Water Heaters, Off Grid Solar Power Plant, On Grid Solar Power Plant, Hybrid Solar Power Plant, and Solwatt Home UPS Systems. Its focus areas include Energy, Renewable Energy, Solar and Solar Power Plants. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
Solwatt Power Private Limited, based in Thrissur, Kerala, manufactures and markets renewable energy solutions including solar water heaters, inverters, and solar power plants. They provide off-grid, on-grid, and hybrid systems for domestic, commercial, and industrial applications across India. The company emphasizes innovation, quality, and customer support to meet diverse energy needs.
- Headquarters Thrissur, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website solwatt.in
- Social Facebook Instagram YouTube
- Legal Name Solwatt Power Private Limited
- Date of Incorporation 28 Nov, 2013
- Jurisdiction Thrissur, Kerala, India
- Annual Revenue₹1.40 Cr
FY 2024 · +14% YoY
- Net Profit₹3.1 Lakh
FY 2024 · 2% margin
- EBITDA₹6.2 Lakh
FY 2024 · 4% margin
Associated legal entities of Solwatt
Solwatt operates through Solwatt Power 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 |
|---|---|---|---|---|---|---|---|
| Solwatt Power Private Limited CIN U74999KL2013PTC035514 | Active | 28 Nov 2013 | Thrissur, Kerala | ₹1.4 Cr | 3 | View details |
Products & Services of Solwatt
Solwatt offers a comprehensive portfolio of products and services, including Solar Water Heaters, Off Grid Solar Power Plant, On Grid Solar Power Plant, Hybrid Solar Power Plant, and Solwatt Home UPS Systems.
Devices that use solar energy to heat water for domestic use
Standalone systems for homes without grid connection
Systems connected to utility grid for excess power export
Combined systems for energy storage and grid use
Inverters providing uninterrupted power for home appliances
Apps and channels of Solwatt
its YouTube channel Solwatt has 60 subscribers and 2 videos.
Videos from Solwatt
The most watched videos on Solwatt's YouTube channel, Solwatt (60 subscribers). Click a video to play it here.
More on Solwatt.
Board of directors of Solwatt Power Private Limited (Solwatt)
Solwatt Power Private Limited is the primary company behind Solwatt. The board of Solwatt Power Private Limited currently have 3 directors; the longest-serving is Roy Paul Kannukadan, appointed in 2013. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Roy Paul Kannukadan DIN 01876262 | Director | 28 Nov 2013 | 12 yrs 11 mo | Solwatt Power Private Limited |
| Panamkoodan Poulose Joshy DIN 02256122 | Director | 14 Sep 2017 | 9 yrs 1 mo | Solwatt Power Private Limited |
| Clinton Davis DIN 07921866 | Director | 14 Sep 2017 | 9 yrs 1 mo | Solwatt Power Private Limited |
Financials of Solwatt
Figures of Solwatt Power Private Limited, the primary company behind Solwatt, for FY 2024. Revenue was ₹1.40 Cr (+14% year on year). Net profit was ₹3.1 Lakh (2% margin). EBITDA was ₹6.2 Lakh (4% margin). Revenue has grown at a compounded annual rate of -31% over three years and -10% over five years.
- ₹1.40 CrRevenue · FY 2024 · +14% YoY
- ₹3.1 LakhNet profit · 2% margin
- ₹6.2 LakhEBITDA · 4% margin
- ₹20 LakhPaid-up capital
- -31%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Solwatt Power Private Limited are on its company page.
Detailed financial statements for Solwatt
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Solwatt
Solwatt 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 Solwatt
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Frequently Asked Questions about Solwatt
Solwatt was founded in 2013.
Solwatt is headquartered in Thrissur, India. It is registered at Thrissur, Kerala, India.
The primary company behind Solwatt, Solwatt Power Private Limited, reported revenue of ₹1.40 Cr for FY 2024, up 14% year on year.
Solwatt Power Private Limited, based in Thrissur, Kerala, manufactures and markets renewable energy solutions including solar water heaters, inverters, and solar power plants. They provide off-grid, on-grid, and hybrid systems for domestic, commercial, and industrial applications across India. The company emphasizes innovation, quality, and customer support to meet diverse energy needs.
Solwatt's top competitors include Servoteh, Borosil Renewables and Nessa.
Solwatt offers Solar Water Heaters, Off Grid Solar Power Plant, On Grid Solar Power Plant, Hybrid Solar Power Plant, and Solwatt Home UPS Systems.
Solwatt operates through Solwatt Power Private Limited.
The legal entities of Solwatt currently have 3 directors, including Panamkoodan Poulose Joshy, Roy Paul Kannukadan, Clinton Davis.