Urja Global Limited, incorporated in 1992, stands as a leading renewable energy developer and operator in India. The company is engaged in the design, consultancy, integration, supply, installation, commissioning, and maintenance of off-grid and grid-connected Solar Power Plants. Based in New Delhi, Urja Global is an approved Channel Partner of the Ministry of New and Renewable Energy (MNRE), Government of India.
The company has established itself as a comprehensive renewable energy solutions provider with a strong focus on solar power generation and related technologies. Beyond its core solar operations, Urja Global is also involved in mineral exploration, extraction, and processing; residential and commercial property development; and the digital technology landscape. Established by promoters from Rajasthan, India, it is a well-diversified conglomerate active in Renewable Energy, IT&ITES, Tours & Travels, and Education & Training sectors globally.
Urja Global's product portfolio is diversified across several key renewable energy and related segments:
The company offers a wide array of solar products including solar study lamps, LED lanterns, solar panels and inverters, solar home lighting systems, Urja Solar Atta Chakki, solar water pumps, and solar rooftop systems. Other offerings include solar street lights, solar water heaters, solar lanterns and portable lights, solar battery chargers, and solar cookers, catering to both residential and commercial needs.
Urja Global is active in the electric vehicle (EV) segment, manufacturing e-rickshaws and e-scooters, and establishing solar-based charging stations. Its EV lineup includes models like Erickshaw Urja Dlx, Erickshaw Urja Eco, Urja Kendra Leo, and Urja Kendra Neo. The company also manufactures various types of batteries, including lithium IOB, automotive, inverter, solar, and e-rickshaw batteries, marketed under the "Urja" and "I-volt" brand names.
Urja Global boasts a widespread sales and installation network across India, supported by approximately 38 Dealer Networks, 22 Distributor Networks, and a dedicated Sales & Service Team of 59 individuals. With a highly experienced team focused on solar projects, the company ensures broad reach and efficient service. In June 2025, Urja Global registered with MNRE and all DISCOMs for the PM's rooftop solar scheme and launched 268,000 Urja Kendras, significantly expanding its market footprint.
Urja Global Ltd has a market capitalization of ₹841 Crore as of June 4, 2025. As per Value Research classification, it is categorized as a Small Cap company. The company's 52-week high share price is ₹25.38, and its 52-week low share price is ₹10.71, reflecting market volatility and investor sentiment.
For the quarter ended March 2025:
- On a consolidated basis, Urja Global Ltd reported a profit of ₹0.81 crore on a total income of ₹17.51 crore.
For the year ended 2024:
- Urja Global Ltd posted a profit of ₹2.04 crore on a total income of ₹44.47 crore.
- Revenue (Latest Annual): ₹67.2 Crore
- Profit (Latest Annual): ₹1.38 Crore
- TTM Profit After Tax: ₹2 Crore
- Q3 FY2024-25 Net Profit: ₹0.49 Crore (a fall of -45.56% since last year same period)
- Market Capitalization: ₹841 Crore (as of June 2025)
- Promoter Holding: 19.43% (as of March 2025, no pledging)
The promoter holding in Urja Global Ltd has remained stable at 19.43% as of March 2025, compared to June 2024. The primary promoter is NANDANVAN COMMERCIAL PRIVATE LIMITED, which owns 19.43% of the total equity. Importantly, there is no promoter pledging in Urja Global Ltd, indicating financial stability regarding promoter shares.
The company's leadership team includes Gajanand Gupta as the Chairman and Mohan Jagdish Agarwal as the Managing Director. Priyanka serves as the Company Secretary. The auditor for Urja Global Ltd is Uttam Abuwala Ghosh & Associates, ensuring financial transparency and compliance.
Urja Global Ltd is a vertically integrated company operating in the power sector since 1992. Its growth strategy revolves around providing on-grid and off-grid power solutions through solar energy, alongside developing mining and power generation projects. Current projects include the Haryana Project, Gujarat Project, Rajasthan Project, and Andhra Pradesh Project. Additionally, the company is developing a 250 MW Hydro Electric Power Project in Arunachal Pradesh and a 200 MW Hydro Electric Power Project in Meghalaya.
The company is also developing a 100 megawatt coal-based power plant in the Jamtara district of Jharkhand, reflecting a diversified approach to energy generation. Urja Global strives to become a leading player in the Indian energy sector, providing innovative solutions for solar energy to its utility, government, and commercial customers. The company's strategic positioning in India's renewable energy sector, combined with government support for solar initiatives and the growing demand for clean energy solutions, provides a foundation for potential growth. However, investors should note the company's recent financial performance shows mixed results with declining profits in recent quarters while maintaining steady revenue growth in certain segments.
