About Sugam Energy
Sugam Energy is an Energy & Utilities company based in Ghaziabad (India) founded in 2010. It manufactures solar lighting systems, LED products, and renewable energy solutions. It operates on a B2B model in Energy & Utilities and Technology sectors. The company has 5 employees. Its Indian entity Sugam Solar Energy Private Limited reported revenue of ₹24.43 Cr. Sugam Energy offers products and services including Solar LED Lantern, Solar Flood Light, LED Street Light, and Solar Power Plant. Its focus areas include Energy, Renewable Energy, Solar Tech and Solar Lighting. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
Sugam Energy focuses on designing and manufacturing electronics for LED lighting and solar applications, including street lights, power plants, and lanterns. Based in Sahibabad, India, they serve OEM partners across industries, emphasizing quality and environmental sustainability. Their activities involve product fabrication, testing, and distribution, promoting clean energy through efficient systems like solar pumps and charge controllers.
- Headquarters Ghaziabad, India
- Employees 5
- SectorsEnergy & UtilitiesTechnology
- Email••••••••
- Phone•••• ••••
- Website sugamenergy.com
- Legal Name Sugam Solar Energy Private Limited
- Date of Incorporation 11 Jun, 2019
- Jurisdiction Bhilwara, Rajasthan, India
- Annual Revenue₹24.43 Cr
FY 2024 · -7% YoY
- Net Profit₹24.6 Lakh
FY 2024 · 1% margin
- EBITDA₹53.4 Lakh
FY 2024 · 2% margin
- Employee Count5
Associated legal entities of Sugam Energy
Sugam Energy operates through Sugam Solar Energy 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 |
|---|---|---|---|---|---|---|---|
| Sugam Solar Energy Private Limited CIN U40106RJ2019PTC065249 | Active | 11 Jun 2019 | Bhilwara, Rajasthan | ₹24.4 Cr | 5 | 2 | View details |
Products & Services of Sugam Energy
Sugam Energy offers a comprehensive portfolio of products and services, including Solar LED Lantern, Solar Flood Light, LED Street Light, and Solar Power Plant.
Portable solar-powered lighting for household use.
High-intensity outdoor lighting using solar energy.
Energy-efficient lighting for streets and public areas.
Systems for generating renewable energy from solar sources.
Board of directors of Sugam Solar Energy Private Limited (Sugam Energy)
Sugam Solar Energy Private Limited is the primary company behind Sugam Energy. The board of Sugam Solar Energy Private Limited currently have 2 directors; the longest-serving is Vaibhav Pangaria, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Pangaria DIN 08456693 | Director | 11 Jun 2019 | 7 yrs 4 mo | Sugam Solar Energy Private Limited |
| Suresh Pangaria DIN 00912729 | Director | 27 Jun 2024 | 2 yrs 4 mo | Sugam Solar Energy Private Limited |
Financials of Sugam Energy
Figures of Sugam Solar Energy Private Limited, the primary company behind Sugam Energy, for FY 2024. Revenue was ₹24.43 Cr (-7% year on year). Net profit was ₹24.6 Lakh (1% margin). EBITDA was ₹53.4 Lakh (2% margin). Revenue has grown at a compounded annual rate of +19% over three years.
- ₹24.43 CrRevenue · FY 2024 · -7% YoY
- ₹24.6 LakhNet profit · 1% margin
- ₹53.4 LakhEBITDA · 2% margin
- ₹4.1 LakhPaid-up capital
- 5Employees (provident fund records)
- +19%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Sugam Solar Energy Private Limited are on its company page.
Detailed financial statements for Sugam Energy
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Competitors of Sugam Energy
Sugam 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 Sugam Energy
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- Full competitor set
- Operating metrics
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Sugam Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Sugam Energy
Sugam Energy was founded in 2010.
Sugam Energy is headquartered in Ghaziabad, India. It is registered at Ghaziabad, Uttar Pradesh, India.
Sugam Energy has 5 employees.
The primary company behind Sugam Energy, Sugam Solar Energy Private Limited, reported revenue of ₹24.43 Cr for FY 2024, down 7% year on year.
Sugam Energy focuses on designing and manufacturing electronics for LED lighting and solar applications, including street lights, power plants, and lanterns. Based in Sahibabad, India, they serve OEM partners across industries, emphasizing quality and environmental sustainability. Their activities involve product fabrication, testing, and distribution, promoting clean energy through efficient systems like solar pumps and charge controllers.
Sugam Energy's top competitors include Servoteh, Borosil Renewables and Nessa.
Sugam Energy offers Solar LED Lantern, Solar Flood Light, LED Street Light, and Solar Power Plant.
Sugam Energy operates through Sugam Solar Energy Private Limited.
The legal entities of Sugam Energy currently have 2 directors, including Suresh Pangaria, Vaibhav Pangaria.