Solarium Green Energy Ltd: Solar Panel Sales or Just Hot Air?
1. At a Glance
From rooftops to boardrooms, Solarium Green Energy is a fast-growing EPC solar company with integrated services and a 230 Cr topline in FY25. Promoters are slowly exiting, interest costs are rising like summer heat, and debtor days now need a calendar instead of a calculator.
2. Introduction with Hook
Imagine if your electricity bill was a Bollywood villain — Solarium walks in like Sunny Deol from Border, yelling “Aata Majhi Satakli!” and slapping down sunlight to power factories, homes, and even Himalayan chill zones.
FY25 Revenue: ₹230 Cr
FY25 PAT: ₹19 Cr
MoU signed with NISE for Himalayan solar heating R&D (June 2025)
3-Year Profit CAGR: 109%
Promoter Holding: Down from 78% to 58% (uh oh)
3. Business Model (WTF Do They Even Do?)
Solarium is the quintessential EPC (Engineering, Procurement, Construction) solar player. Their scope includes:
Solar rooftop projects (Residential, Commercial, Industrial, Govt)
Design, procurement, commissioning, O&M
Solar equipment resale (modules, inverters, etc)
Logistics, supply chain, & financing (yes, they offer the money too)
