Key Metrics
  • No. of Employees326
  • Founded Year 2011
  • Company StagePrivate Limited Company
  • Total Funding₹326.77 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Rays Power Infra

Rays Power Infra is one of the Largest Solar Developer and EPC Management Company. They have commissioned solar parks and projects rounding to 1000 MW.

Rays Power Infra was established in 2011, has been one of the pioneers in the Solar park regime & now an established player in Turnkey Solar EPC services, catering to the increasing demand in the country. Its presence in almost all major corners of the country has significantly contributed National Solar Mission.

Apart from being an EPC solution provider, the company is known for its differentiated and unique ‘Co-Developer’ approach offering cost-effective investment returns to its private equity investors. As a reason, it has gained the confidence of its customers and investors, in a short stint. Also, it owns projects in the IPP model for both ground-mounted & and rooftop segments.

Business Model

Rays Power Infra is an integrated solar power company, specializing in the entire solar value chain. It offers customized solutions in the development of solar power plants and rooftop installations. Additionally, it provides operation and maintenance services, solar project consulting, renewable energy through solar open access, and energy storage solutions.

Top Competitors
ZE
Zolt EnergyU31908TG1992PTC014784
FP
Fourth Partner Energy U40108TG2010PTC070806
FE
Freyr Energy U40101TG2014PTC094154
Rays Power Infra Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹326.77 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • DMI Finance
Note:

Valuation as on Dec 21, 2018

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Rays Power Infra Financial Details
Financial Highlights
FY 2023-24 Revenue₹1,072.65 Cr
FY 2023-24 Expenses₹955.16 Cr
FY 2023-24 Profit/Loss₹91.38 Cr
Net Cash Flow From Operations-₹22.9 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Rays Power Infra Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

PS
Pawan Sharma Co-Founder
KM
Ketan Mehta Co-Founder & CEO

Board Members/Directors

KM
Ketan Mehta Director
SG
Sanjay Garudapally Director
Rays Power Infra Documents

AY - 2019-20

Profit and loss statement - Rays Power Infra - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rays Power Infra for FY 2019-20
₹249.00 ₹498.00
Balance sheet - Rays Power Infra - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Rays Power Infra for FY 2019-20
₹249.00 ₹498.00

AY - 2020-21

Profit and loss statement - Rays Power Infra - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rays Power Infra for FY 2020-21
₹249.00 ₹498.00
Balance sheet - Rays Power Infra - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Rays Power Infra for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - Rays Power Infra - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rays Power Infra for FY 2021-22
₹249.00 ₹498.00
Balance sheet - Rays Power Infra - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Rays Power Infra for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Rays Power Infra - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rays Power Infra for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Rays Power Infra - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Rays Power Infra for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Rays Power Infra - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rays Power Infra for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Rays Power Infra - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Rays Power Infra for FY 2023-24
₹249.00 ₹498.00

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