About Swelect Energy Systems
Swelect Energy Systems is a company based in Chennai (India) founded in 1984. The company has 352 employees as of March 31, 2024. Swelect Energy Systems has completed 2 acquisitions, including Amex Alloys and HHV Solar Technologies. Swelect Energy Systems offers products and services including Solar PV Module, Solar Inverter, Solar Water Pump, and Servo Stabilizers. Swelect Energy Systems operates in a competitive market with competitors including Fourth Partner Energy, Sterling And Wilson, GREW, Mahindra Susten and Roofsol Energy, among others.
- Headquarter Chennai, India
- Employees 352 as on 31 Mar, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
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Social
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- Legal Name Swelect Energy Systems Limited
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Annual Revenue
$72.1 M (USD)159.39as on Mar 31, 2025
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Net Profit
$1.47 M (USD)-79.67as on Mar 31, 2025
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EBITDA
$11.94 M (USD)19.3as on Mar 31, 2025
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
352
as on Mar 31, 2024
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Investments & Acquisitions
Amex Alloys
& 1 more
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IPO & Listings of Swelect Energy Systems
Swelect Energy Systems is a publicly listed company on the NSE with ticker symbol SWELECTES in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Swelect Energy Systems
Swelect Energy Systems offers a comprehensive portfolio of products and services, including Solar PV Module, Solar Inverter, Solar Water Pump, and Servo Stabilizers.
Manufactures photovoltaic panels for solar energy generation and installation.
Converts solar DC power to AC for grid integration and use.
Operates water pumping systems using solar power for agricultural needs.
Regulates electrical fluctuations to protect equipment and systems.
Funding Insights of Swelect Energy Systems
Detailed funding history for Swelect Energy Systems
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Investments & Acquisitions by Swelect Energy Systems
Swelect Energy Systems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Amex Alloys and HHV Solar Technologies.
Investment portfolio details for Swelect Energy Systems
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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PV modules are manufactured by HHV Solar Technologies in India.
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Locked | Locked | 2008 | Locked | |
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Grey iron castings are manufactured for diverse industrial sectors.
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Locked | Locked | 2006 | Locked |
Complete acquisition details for Swelect Energy Systems
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Financial Statements - Swelect Energy Systems
Detailed financials for Swelect Energy Systems
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Swelect Energy Systems Comparisons
Peer comparison for Swelect Energy Systems
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Competitors of Swelect Energy Systems
Swelect Energy Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fourth Partner Energy, Sterling And Wilson, GREW, Mahindra Susten and Roofsol Energy, among others.
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On-grid and off-grid solar solutions and products are provided.
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EPC and MEP services are provided across diverse sectors.
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Provider of a range of solar products and services
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Turnkey EPC services for solar power plants are provided.
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Provides solar plant installations, providing engineering, procurement, and construction services
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Solar large-scale projects are developed and installed by InSolare Energy.
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Detailed competitors of Swelect Energy Systems
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Latest news on Swelect Energy Systems
Complete news archive for Swelect Energy Systems
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Frequently Asked Questions about Swelect Energy Systems
Swelect Energy Systems was founded in 1984.
Swelect Energy Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Chellappan Ramaswamy is the current CEO of Swelect Energy Systems.
As of Mar 31, 2024, the latest employee count at Swelect Energy Systems is 352.
Annual revenue of Swelect Energy Systems is $72.1M as on Mar 31, 2025.
Swelect (formerly known as Numeric Power Systems Ltd) offers turnkey EPC services for solar farms of MW scale. The company designed, engineered, installed and commissioned its first 1.1MW solar power plant at Coimbatore and has installed and commissioned over 2.7 MW of Off-grid solar power generation systems with over 1300 installations. Swelect also offers services in PV-wind hybrid system. On August 01, 2014, the Company acquired 51 equity shares in HHV Solar Technologies Limited, Bangalore. HHV manufactures solar PV modules upto 400 watts.
Swelect Energy Systems's top competitors include Fourth Partner Energy, GREW and Sukhbir Agro Energy.
Swelect Energy Systems offers Solar PV Module, Solar Inverter, Solar Water Pump, and Servo Stabilizers.
Yes, Swelect Energy Systems is publicly traded on NSE under the ticker symbol SWELECTES.
Swelect Energy Systems has made 2 acquisitions, including Amex Alloys, and HHV Solar Technologies.
The ticker symbol of Swelect Energy Systems is SWELECTES on NSE.