About SPVL Solar Energy
SPVL Solar Energy is an Energy & Utilities company based in Pune (India) founded in 2017. It offers solar panel installations, maintenance, and energy solutions for various sectors. It operates on a B2B and B2C model. The company has 37 employees. Its Indian entity New Power Electricals Private Limited reported revenue of ₹25.08 Cr. SPVL Solar Energy offers products and services including On-grid Solar System, Off-grid Solar System, and Annual Maintenance Contract. Its focus areas include Energy, Renewable Energy, Solar and Photovoltaic Systems. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
SPVL Solar Energy delivers renewable energy solutions through solar panels and systems for residential, industrial, and commercial use, focusing on cost reduction and sustainability. They provide on-grid and off-grid photovoltaic systems, along with maintenance contracts to ensure optimal performance. Based in Pune, India, they serve clients by promoting eco-friendly energy alternatives and facilitating net-metering for energy exchange.
- Headquarters Pune, India
- Employees 37
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website spvlsolar.com
- Legal Name New Power Electricals Pvt. Ltd
- Date of Incorporation 10 Dec, 1996
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹25.08 Cr
FY 2024 · -10% YoY
- Net Profit₹1.77 Cr
FY 2024 · 7% margin
- EBITDA₹2.89 Cr
FY 2024 · 12% margin
- Employee Count37
Associated legal entities of SPVL Solar Energy
SPVL Solar Energy operates through New Power Electricals 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 |
|---|---|---|---|---|---|---|---|
| New Power Electricals Private Limited CIN U31909MH1996PTC104397 | Active | 10 Dec 1996 | Pune, Maharashtra | ₹25.1 Cr | 37 | 3 | View details |
Products & Services of SPVL Solar Energy
SPVL Solar Energy offers a comprehensive portfolio of products and services, including On-grid Solar System, Off-grid Solar System, and Annual Maintenance Contract.
Grid-connected system for generating electricity from solar energy
Stand-alone system for off-grid electricity needs
Maintenance service to ensure optimal solar system performance
Board of directors of New Power Electricals Private Limited (SPVL Solar Energy)
New Power Electricals Private Limited is the primary company behind SPVL Solar Energy. The board of New Power Electricals Private Limited currently have 3 directors; the longest-serving is Liladhar Patil Sitaram, appointed in 1996.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Liladhar Patil Sitaram DIN 01971878 | Director | 10 Dec 1996 | 29 yrs 10 mo | New Power Electricals Private Limited |
| Rajashree Liladhar Patil DIN 01972111 | Director | 10 Dec 1996 | 29 yrs 10 mo | New Power Electricals Private Limited |
| Torna Liladhar Patil DIN 09060723 | Additional Director | 12 Feb 2021 | 5 yrs 8 mo | New Power Electricals Private Limited |
Financials of SPVL Solar Energy
Figures of New Power Electricals Private Limited, the primary company behind SPVL Solar Energy, for FY 2024. Revenue was ₹25.08 Cr (-10% year on year). Net profit was ₹1.77 Cr (7% margin). EBITDA was ₹2.89 Cr (12% margin). Revenue has grown at a compounded annual rate of +34% over three years and +24% over five years.
- ₹25.08 CrRevenue · FY 2024 · -10% YoY
- ₹1.77 CrNet profit · 7% margin
- ₹2.89 CrEBITDA · 12% margin
- ₹5 LakhPaid-up capital
- 37Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of New Power Electricals Private Limited are on its company page.
Detailed financial statements for SPVL Solar Energy
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Competitors of SPVL Solar Energy
SPVL Solar Energy 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 SPVL Solar Energy
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Frequently Asked Questions about SPVL Solar Energy
SPVL Solar Energy was founded in 2017.
SPVL Solar Energy is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
SPVL Solar Energy has 37 employees.
The primary company behind SPVL Solar Energy, New Power Electricals Private Limited, reported revenue of ₹25.08 Cr for FY 2024, down 10% year on year.
SPVL Solar Energy delivers renewable energy solutions through solar panels and systems for residential, industrial, and commercial use, focusing on cost reduction and sustainability. They provide on-grid and off-grid photovoltaic systems, along with maintenance contracts to ensure optimal performance. Based in Pune, India, they serve clients by promoting eco-friendly energy alternatives and facilitating net-metering for energy exchange.
SPVL Solar Energy's top competitors include Servoteh, Borosil Renewables and Nessa.
SPVL Solar Energy offers On-grid Solar System, Off-grid Solar System, and Annual Maintenance Contract.
SPVL Solar Energy operates through New Power Electricals Private Limited.
The legal entities of SPVL Solar Energy currently have 3 directors, including Liladhar Patil Sitaram, Torna Liladhar Patil, Rajashree Liladhar Patil.