About Vesat Solar
Vesat Solar is an Energy & Utilities company based in Coimbatore (India) founded in 2006. It manufactures solar water heaters, power systems, and lighting for renewable energy applications. It operates on a B2B and B2C model. The company has 23 employees. Its Indian entity Vesat Renewables Private Limited reported revenue of ₹10.69 Cr. Vesat Solar offers products and services including Solar Water Heater, Solar Power System, Solar Street Light, Solar Cooker, and Solar Power Inverter. Its focus areas include Energy, Renewable Energy, Solar Thermal and Water Heating. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
VESAT RENEWABLES PRIVATE LIMITED, based in Coimbatore, India, specializes in manufacturing solar energy systems such as water heaters, power plants, street lights, and cookers. The company focuses on harnessing solar power for both industrial and domestic purposes, emphasizing quality and customer satisfaction. It serves clients in various sectors by providing reliable, eco-friendly products that promote energy independence and sustainability. Operations involve cutting-edge technology and adherence to ISO standards for global competitiveness.
- Headquarters Coimbatore, India
- Employees 23
- SectorsEnergy & Utilities
- Email••••••••
- Website vesatsolar.com
- Social LinkedIn X Facebook YouTube
- Legal Name Vesat Renewables Private Limited
- Date of Incorporation 12 Jul, 2019
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹10.69 Cr
FY 2024 · +41% YoY
- Net Profit₹14.2 Lakh
FY 2024 · 1% margin
- EBITDA₹56.6 Lakh
FY 2024 · 5% margin
- Employee Count23
Associated legal entities of Vesat Solar
Vesat Solar operates through Vesat Renewables 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 |
|---|---|---|---|---|---|---|---|
| Vesat Renewables Private Limited CIN U29309TZ2019PTC032422 | Active | 12 Jul 2019 | Coimbatore, Tamil Nadu | ₹10.7 Cr | 23 | 4 | View details |
Products & Services of Vesat Solar
Vesat Solar offers a comprehensive portfolio of products and services, including Solar Water Heater, Solar Power System, Solar Street Light, Solar Cooker, and Solar Power Inverter.
Heats water using solar energy for domestic and industrial applications.
Generates electricity from solar panels for on-grid and off-grid use.
Provides outdoor lighting powered by solar energy for public areas.
Cooks food using solar heat for eco-friendly meal preparation.
Converts solar energy to usable power for homes and businesses.
Apps and channels of Vesat Solar
its YouTube channel Vesat Solar has 113 subscribers.
Board of directors of Vesat Renewables Private Limited (Vesat Solar)
Vesat Renewables Private Limited is the primary company behind Vesat Solar. The board of Vesat Renewables Private Limited currently have 4 directors; the longest-serving is Lakshman Singh Revathi, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lakshman Singh Revathi DIN 08508274 | Director | 12 Jul 2019 | 7 yrs 3 mo | Vesat Renewables Private Limited |
| Lakshman Singh Niranjna DIN 08508275 | Director | 12 Jul 2019 | 7 yrs 3 mo | Vesat Renewables Private Limited |
| Sathya DIN 07865873 | Director | 12 Jul 2019 | 7 yrs 3 mo | Vesat Renewables Private Limited |
| Lakshmanasingh Venkatesh DIN 07865894 | Managing Director | 12 Jul 2019 | 7 yrs 3 mo | Vesat Renewables Private Limited |
Financials of Vesat Solar
Figures of Vesat Renewables Private Limited, the primary company behind Vesat Solar, for FY 2024. Revenue was ₹10.69 Cr (+41% year on year). Net profit was ₹14.2 Lakh (1% margin). EBITDA was ₹56.6 Lakh (5% margin). Revenue has grown at a compounded annual rate of +44% over three years.
- ₹10.69 CrRevenue · FY 2024 · +41% YoY
- ₹14.2 LakhNet profit · 1% margin
- ₹56.6 LakhEBITDA · 5% margin
- ₹1.00 CrPaid-up capital
- 23Employees (provident fund records)
- +44%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vesat Renewables Private Limited are on its company page.
Detailed financial statements for Vesat Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Vesat Solar
Vesat Solar 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 Vesat Solar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vesat Solar
Websites that share an audience with Vesat Solar (vesatsolar.com).
Websites whose visitors overlap most with Vesat Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sakthistabilizer.in | sakthistabilizer.in | 100% | #2,181,866 | – |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Vesat 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 Vesat Solar
Vesat Solar was founded in 2006.
Vesat Solar is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Vesat Solar has 23 employees.
The primary company behind Vesat Solar, Vesat Renewables Private Limited, reported revenue of ₹10.69 Cr for FY 2024, up 41% year on year.
VESAT RENEWABLES PRIVATE LIMITED, based in Coimbatore, India, specializes in manufacturing solar energy systems such as water heaters, power plants, street lights, and cookers. The company focuses on harnessing solar power for both industrial and domestic purposes, emphasizing quality and customer satisfaction. It serves clients in various sectors by providing reliable, eco-friendly products that promote energy independence and sustainability. Operations involve cutting-edge technology and adherence to ISO standards for global competitiveness.
Vesat Solar's top competitors include Servoteh, Borosil Renewables and Nessa.
Vesat Solar offers Solar Water Heater, Solar Power System, Solar Street Light, Solar Cooker, and Solar Power Inverter.
Vesat Solar operates through Vesat Renewables Private Limited.
The legal entities of Vesat Solar currently have 4 directors, including Lakshman Singh Revathi, Lakshman Singh Niranjna, Sathya and others.