India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#320- Valuation
- ₹17,640 Cr
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About SSE
SSE is an Energy & Utilities company based in Hyderabad (India) founded in 1994 by Visweswara Reddy Narreddy. Power transformers are manufactured by SSE in India. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 1,037 employees. SSE was last valued at $129.65 million in August 2020. Its chief executive, as recorded, is Sharat Chandra. Its website ssel.in draws about 11 thousand monthly visits. Its Indian entity Shirdi Sai Electricals Limited reported revenue of ₹3,161 Cr. SSE offers products and services including Power Distribution Transformers, Cables & Conductors, and Solar Projects. Its focus areas include Energy, Electrical Equipment, Transformers and Renewable Energy.
Company details
SSE, operating as Shirdi Sai Electricals Ltd., is involved in the production of power distribution transformers, cables, conductors, and renewable energy solutions. The company serves the energy sector with a focus on sustainable and energy-efficient products. Operations span across electrical equipment and solar energy projects, including EPC projects, substations, and rural electrification. Emphasis is placed on innovation, technology, and eco-friendly practices to ensure reliability and safety in all offerings. Infrastructure and expertise are leveraged to meet evolving industry needs across multiple applications and environments.
Recognitions & Rankings of SSE
- Headquarters Hyderabad, India
- Employees 1,037
- Founders Visweswara Reddy Narreddy
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ssel.in
- Social LinkedIn Facebook YouTube
- Legal Name Shirdi Sai Electricals Ltd.
- Date of Incorporation 30 Jul, 2010
- Jurisdiction Hyderabad, Telangana, India
Operational Areas
Key Metrics
- Annual Revenue₹3,161 Cr
FY 2025 · -13% YoY
- Net Profit₹288 Cr
FY 2025 · 9% margin
- EBITDA₹647 Cr
FY 2025 · 19% margin
- Latest Funding Round$5.35M (USD), Unspecified
Aug 2020
- InvestorsUGET
& 8 more
- Employee Count1,037
Associated legal entities of SSE
SSE operates through Shirdi Sai Electricals Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shirdi Sai Electricals Limited CIN U31401TG2010PLC069777 | Active | 30 Jul 2010 | Hyderabad, Telangana | ₹3,161 Cr | 1,056 | 9 | View details |
Products & Services of SSE
SSE offers a comprehensive portfolio of products and services, including Power Distribution Transformers, Cables & Conductors, and Solar Projects.
Power Distribution Transformers
Electrical Equipment
Transformers are manufactured for power distribution networks.
Cables & Conductors
Electrical Components
Cables and conductors are produced for electrical systems.
Solar Projects
Renewable Energy
Solar energy solutions are developed for sustainable power.
Apps and channels of SSE
its YouTube channel SSE has 23 subscribers.
SSE
Open channelFunding Insights of SSE
- Total Rounds 3
- Last Round Unspecified — $5.35M
- First Round $452,700
(Mar 2014)
- Investors Count 9
All 3 funding rounds of SSE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $5.35M | Unspecified | $129.65M | UGET | |
| Apr 2016 | $1.07M | Unspecified | $19.86M | Reddy Radha | |
| Mar 2014 | $452,700 | Unspecified | $••••• | UGET |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Aug 2020 | $129.65M | •••••••• |
| Apr 2016 | $19.86M | •••••••• |
| Mar 2014 | $••••• | •••••••• |
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Full valuation and stage history of SSE
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $129.65M (Aug 2020). 9 investors in total: 1 institutional and 8 angel.
Investors in SSE
SSE has secured backing from 9 investors, including institutional and angel investors. Prominent investors backing the company include UGET, Reddy Radha and Visweswara Reddy Narreddy.
All
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| ugetamc.com | ||||
RR Reddy Radha | unknown_c88a0bb889cc42feb | |||
VR Visweswara Reddy Narreddy | Angel investor and entrepreneur, founder of V3 Capital, focused on early-stage startups | unknown_837a967124784717a | ||
JS J Sujatha | unknown_a12b884bdae142cdb | |||
NL N Lavanya | unknown_3962429d79094d9e9 | |||
JS J Silpa | unknown_2b529d3569744a63a | |||
CJ C Jayanthi | unknown_be9c958bed294500a | |||
PR Prathibha Reddy | unknown_8f09d5522bda487fa | |||
MR Madhukar Reddy | Angel investor and entrepreneur, focused on tech startups in India. | unknown_3c59f2cc981f488e9 |
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Investor details for SSE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Shirdi Sai Electricals Limited (SSE)
Shirdi Sai Electricals Limited is the primary company behind SSE. The board of Shirdi Sai Electricals Limited currently have 6 directors; the longest-serving is Visweswara Reddy Narreddy, appointed in 2010. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Visweswara Reddy Narreddy DIN 02996298 | Managing Director | 30 Jul 2010 | 16 yrs 2 mo | Shirdi Sai Electricals Limited |
| Kanakadhara Srinivasan DIN 01650788 | Director | 20 Dec 2019 | 6 yrs 10 mo | Shirdi Sai Electricals Limited |
| Sharat Chandra Kolla DIN 08851423 | Director | 30 Jul 2021 | 5 yrs 2 mo | Shirdi Sai Electricals Limited |
| Narreddy Vamsi Reddy DIN 09273303 | Whole-time director | 03 Jan 2022 | 4 yrs 9 mo | Shirdi Sai Electricals Limited |
| Vikram Ravindra Mamidipudi DIN 00008241 | Director | 29 Jun 2023 | 3 yrs 3 mo | Shirdi Sai Electricals Limited |
| Aditya Nath Das DIN 01515816 | Additional Director | 11 Aug 2025 | 1 yr 2 mo | Shirdi Sai Electricals Limited |
People of SSE
2 people are tracked at SSE (2 in leadership); the tracked headcount is 1,037.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
| CEO | Leadership |
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Financials of SSE
Figures of Shirdi Sai Electricals Limited, the primary company behind SSE, for FY 2025. Revenue was ₹3,161 Cr (-13% year on year). Net profit was ₹288 Cr (9% margin). EBITDA was ₹647 Cr (19% margin). Revenue has grown at a compounded annual rate of +28% over three years.
- ₹3,161 CrRevenue · FY 2025 · -13% YoY
- ₹288 CrNet profit · 9% margin
- ₹647 CrEBITDA · 19% margin
- ₹35.37 CrPaid-up capital
- 1,056Employees (provident fund records)
- +28%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Shirdi Sai Electricals Limited are on its company page.
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Detailed financial statements for SSE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SSE
4 dated milestones of SSE across 26 years, from founding to its latest funding, stage changes and deals.
- Founded SSE is founded.
- Funding First funding round of $453K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $5.4M.
Web traffic of SSE
The website of SSE (ssel.in) receives about 10.5K visits a month.
- Monthly visits10.5K
▲ 191% vs previous month
Top companies in Power Transmission & Distribution
3 companies that operate in the same segment as SSE (Power Transmission & Distribution) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Power distribution and secure services in Telangana. | 2014 | Hyderabad, Telangana, India | USD 4.12 B | 16,102 | ||
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Electricity transmission utility projects are developed in India. | 2010 | Mumbai, Maharashtra, India | USD 167.58 M | USD 603.94 M |
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Related news about Sse
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Frequently Asked Questions about SSE
SSE was founded in 1994 and raised its 1st funding round 20 years after it was founded.
SSE is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sharat Chandra is the CEO of SSE, as recorded in our data.
SSE has 1,037 employees.
The primary company behind SSE, Shirdi Sai Electricals Limited, reported revenue of ₹3,161 Cr for FY 2025, down 13% year on year.
SSE, operating as Shirdi Sai Electricals Ltd., is involved in the production of power distribution transformers, cables, conductors, and renewable energy solutions. The company serves the energy sector with a focus on sustainable and energy-efficient products. Operations span across electrical equipment and solar energy projects, including EPC projects, substations, and rural electrification. Emphasis is placed on innovation, technology, and eco-friendly practices to ensure reliability and safety in all offerings. Infrastructure and expertise are leveraged to meet evolving industry needs across multiple applications and environments.
SSE offers Power Distribution Transformers, Cables & Conductors, and Solar Projects.
SSE has 9 investors. Key investors include UGET, Reddy Radha, Visweswara Reddy Narreddy, J Sujatha, and N Lavanya.
The valuation of SSE is $129.65M as of Aug 2020.
SSE operates through Shirdi Sai Electricals Limited.
The legal entities of SSE currently have 8 directors, including Visweswara Reddy Narreddy, Sharat Chandra Kolla, Narreddy Vamsi Reddy and others.