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Solar Projects Company for Sale in Chennai, India

Solar EPCM company with 15 member team, 25+ delivered EPC projects and 1+ GW design experience.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 400 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 25 %
Industries Solar Projects
Locations  Chennai
Local Time 3:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.1 million (Native Currency: INR 90,000,000)
Reason: - Founders wish to move to other business sectors after a structured exit from the solar company. -... View More
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
Documents
Business Overview

- Company specializes in designing and engineering of rooftop and ground-mounted power plants.

- First company in India to introduce retainership model in the solar consultancy business, which in turn yielded EPCM orders without marketing cost.

- Have completed 30-35 EPC projects till date.

- It takes 2-3 months for project completion depending on the size.

- Executed projects across India.

- Raw materials are procured from multiple vendors from other counties.

- Company has witnessed a 40% increase in year on year revenue since inception. This year the revenue has dropped due to the pandemic.

- Survived the COVID-19 business period, with billing of more than INR 60 lakhs in the 6 months of the pandemic.

- Revenue for the next financial year is projected at INR 3.5 crores, with billing already achieving INR 2 crores. Have 2 running orders which will fetch INR 1.5-2.5 crores next year.

- Business has a dedicated team of 15 at the office and a contract I&C team of 15+ employees with 3 project managers.

- Have won more than 6 awards in the last 3 years on various national-level platforms.

Products & Services Overview

1 - Plant Engineering: Complete end to end design of rooftop and ground-mounted systems with designs being done under both retainership and project by project model.

2 - Plant Testing: Pre-commissioning testing, root cause analysis testing using in-house mathematical models and standard hardware as per industry standards (I-V curve testing thermal imaging testing)

3 - Total EPCM of roof and ground solar installation.

Assets Overview

1 - Computers, laptops worth INR 5 lakhs.

2 - Testing equipment worth INR 10 lakhs, bought this year.

3 - Perpetual software worth INR 5 lakhs, the version valid for the next 4 years.

4 - Company's technical and financial eligibility to apply for tenders, with 3 years of balance sheet.

Facilities Overview

Rented office space of 1000 Sq. ft+, seating capacity of 15+ with a conference room and 1 storage space.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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