image-for-profitable-solar-co

Highlights:

  • Highly profitable solar products – cum – EPC
  • Led by seasoned technical professionals
  • Implemented projects pan India
  • Looking for Rs 60-100 crore growth capital

One of Solar Mango’s clients is a vertically integrated Hyderabad based solar EPC – cum – Solar Products firm. It makes its own solar panels, LEDs light and solar based streetlights and power packs, and uses these for many of the projects it executes.

The company, headed by an accomplished industry professional with over 30 years in power electronics and solar, has been running this specific solar business for over 5 years now. Prior to this, he had been successfully operating in the electronics and lighting business for over a decade, with work experience spanning many countries.

The client’s main line of business is implementing rooftop solar power plants and off-grid solar products – such as street lights, power packs and solar water pumps. The company has been in successful in obtaining significant projects for all the above from multiple state governments, and has a very attractive order book for the next 3 years.

Last year, the company closed Rs 60 crores in revenues and a very healthy profit – this was possible because it has a much higher control over its cost owing to it being vertically integrated.

With a very attractive order book for the period 2018-2021, the company has the potential to treble its revenues for FY 2018 and continue growing at an attractive rate further on.

The company is now seeking growth capital in the range Rs 60-100 crores for its expansion and growth plans. The promoters are willing to discuss all possible investment options – equity and debt – from professional and ethical investors keen on participating in the growth story.

Those who are interested in discussing this opportunity further can send a note to Narasimhan Santhanam, Founder, Solar Mango at – narsi@solarmango.com

Please note that we are only looking for genuine, director investors. The size of investor is not important but their professionalism and transparency are. We do not entertain middlemen, thank you.