About SUGAM SOLAR
SUGAM SOLAR is an Energy & Utilities company based in Bhilwara (India) founded in 2019. It specializes in solar panel and product installation services. It operates on a B2B model. The company has 5 employees. Its Indian entity Sugam Solar Energy Private Limited reported revenue of ₹24.43 Cr. Its focus areas include Energy, Renewable Energy, Solar Installation and Products and Services. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
SUGAM SOLAR specializes in solar panel and product installation services through working in the energy sector, promoting renewable energy, solar installation, and products and services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bhilwara, India
- Employees 5
- SectorsEnergy & Utilities
- Website sugamsolar.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 SOLAR
SUGAM SOLAR 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 |
Board of directors of Sugam Solar Energy Private Limited (SUGAM SOLAR)
Sugam Solar Energy Private Limited is the primary company behind SUGAM SOLAR. 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 SOLAR
Figures of Sugam Solar Energy Private Limited, the primary company behind SUGAM SOLAR, 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 SOLAR
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Similar companies to SUGAM SOLAR
SUGAM SOLAR has 3 listed similar companies in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed similar companies of SUGAM SOLAR
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SUGAM SOLAR (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 SOLAR
SUGAM SOLAR was founded in 2019.
SUGAM SOLAR is headquartered in Bhilwara, India. It is registered at Bhilwara, Rajasthan, India.
SUGAM SOLAR has 5 employees.
The primary company behind SUGAM SOLAR, Sugam Solar Energy Private Limited, reported revenue of ₹24.43 Cr for FY 2024, down 7% year on year.
SUGAM SOLAR specializes in solar panel and product installation services through working in the energy sector, promoting renewable energy, solar installation, and products and services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
SUGAM SOLAR's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
SUGAM SOLAR operates through Sugam Solar Energy Private Limited.
The legal entities of SUGAM SOLAR currently have 2 directors, including Suresh Pangaria, Vaibhav Pangaria.