VMR Projects

Hyderabad, India Founded: 2016 • Age: 10 yrs
A leading provider of large-scale solar EPC services.
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About VMR Projects

VMR Projects was an Energy & Utilities company based in Hyderabad (India) founded in 2016. It operates as an a leading provider of large-scale solar EPC services. It operates on a B2B model. Its Indian entity Aic Vmr Projects Private Limited reported revenue of ₹16.76 Cr. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Energy and EPC Services. Similar companies include Rays Power Infra, Amplus Solar, Fourth Partner Energy, SB Energy and Oriano Solar and 5 more; 8 of its 10 listed similar companies have raised funding.

Company details

VMR Projects a leading provider of large-scale solar epc services, focusing on working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Operational Areas
Energy & Utilities → Renewable & Sustainable Energy
Key Metrics
  • Annual Revenue
    ₹16.76 Cr

    FY 2024 · -75% YoY

  • Net Profit
    ₹2.98 Cr

    FY 2024 · 18% margin

  • EBITDA
    ₹4.06 Cr

    FY 2024 · 24% margin

Board of directors of Aic Vmr Projects Private Limited (VMR Projects)

Aic Vmr Projects Private Limited is the primary company behind VMR Projects. The board of Aic Vmr Projects Private Limited currently have 2 directors; the longest-serving is Raja Venkata Sai Veerabhadra Koteswara Rao Nukala, appointed in 2025. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Raja Venkata Sai Veerabhadra Koteswara Rao Nukala
DIN 01219018
Additional Director01 Nov 202511 moAic Vmr Projects Private Limited
Thakasi Rajesh
DIN 01926080
Additional Director03 Nov 202511 moAic Vmr Projects Private Limited

Financials of VMR Projects

Figures of Aic Vmr Projects Private Limited, the primary company behind VMR Projects, for FY 2024. Revenue was ₹16.76 Cr (-75% year on year). Net profit was ₹2.98 Cr (18% margin). EBITDA was ₹4.06 Cr (24% margin). Revenue has grown at a compounded annual rate of +30% over three years and +6% over five years.

  • ₹16.76 CrRevenue · FY 2024 · -75% YoY
  • ₹2.98 CrNet profit · 18% margin
  • ₹4.06 CrEBITDA · 24% margin
  • ₹3.01 CrPaid-up capital
  • +30%Revenue CAGR, 3 years
  • +6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Aic Vmr Projects Private Limited are on its company page.

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Detailed financial statements for VMR Projects

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Similar companies to VMR Projects

VMR Projects has 10 listed similar companies in our database, 8 of them funded. They include Rays Power Infra, Amplus Solar, Fourth Partner Energy, SB Energy and Oriano Solar, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Rays Power Infra
rayspowerinfra.com2011Jaipur, India$57.02M357
Turnkey solar engineering, procurement, and construction solutions are provided.
Amplus Solar
amplussolar.com2008Gurugram, India$7.16M150
Solar installation services and renewable energy solutions are provided.
Fourth Partner Energy
fourthpartner.co2010Hyderabad, India$564.02M425
On-grid and off-grid solar solutions and products are provided.
SB Energy
sbenergy.com2015Delhi, India–88
Solar energy projects are developed and managed globally.
Oriano Solar
oriano.com2015Mumbai, India$3.82M228
Solar energy projects are developed by Oriano Solar in India.
Sterling And Wilson
sterlingandwilson.com1927Mumbai, India$50M6,013
EPC and MEP services are provided across diverse sectors.
Ampin Energy Transition
ampin.energy2016Delhi, India$448.28M–
Developer of utility scale solar and wind power projects
GREW
grew.one2022Ahmedabad, India$4.22M1,556
Provider of a range of solar products and services
Mahindra Susten
mahindrasusten.com2010Mumbai, India–180
Turnkey EPC services for solar power plants are provided.
Ayana
ayanapower.com2017Bengaluru, India$720M158
Utility-scale solar, wind, hybrid, and clean energy projects are developed.
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Detailed similar companies of VMR Projects

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Top companies in Renewable & Sustainable Energy

10 companies that operate in the same segment as VMR Projects (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Octopus Energy
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 1.96 B––
Enel X
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Husk Power Systems
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Lightsource BP
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
d light
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
CleanMax
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
ACCIONA
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Waaree Energies
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 374.18 MUSD 2.77 B8,690
Invenergy
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Sunrun
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Frequently Asked Questions about VMR Projects

VMR Projects was founded in 2016.

VMR Projects is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

The primary company behind VMR Projects, Aic Vmr Projects Private Limited, reported revenue of ₹16.76 Cr for FY 2024, down 75% year on year.

VMR Projects a leading provider of large-scale solar epc services, focusing on working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

VMR Projects's top competitors include Rays Power Infra, Fourth Partner Energy and Oriano Solar.

VMR Projects operates through Aic Vmr Projects Private Limited.

The legal entities of VMR Projects currently have 2 directors, including Raja Venkata Sai Veerabhadra Koteswara Rao Nukala, Thakasi Rajesh.

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