Aegeus Technologies Limited
BBSE:AEGEUS107.65
INR
-4.40
(-3.93%)
ISIN
INE0WR901013
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Suraj Vernekar'D
- Full Time Employees
- 51
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Bangalore India
- IPO Date
- Aug 11, 2026
- Website
- aegeustechnologies.com
- Similar Companies
- Business
- Aegeus Technologies Limited is an India-based technology and manufacturing company specializing in the design, development, and deployment of robotic and intelligent automation solutions for the renewable energy sector, with a primary focus on the solar power industry. Founded in 2017 and headquartered in Bengaluru, Karnataka, India, the company delivers waterless automated cleaning and predictive maintenance technologies engineered to optimize energy generation efficiency, conserve water resources, and reduce operational expenditures for utility-scale and distributed solar installations. The company operates across hardware manufacturing, software intelligence, and lifecycle maintenance services. Its core product portfolio comprises: Unicorn, an autonomous, trackless, and waterless robotic cleaning system engineered for large-scale, ground-mounted solar power plants utilizing proprietary Airwash airflow cleaning technology; Shreem, a lightweight, portable, and autonomous robotic cleaning solution designed for commercial, industrial, and residential rooftop solar panel arrays; Optima, a semi-automated, rail-mounted waterless panel cleaning mechanism; and Asset Guard, an autonomous surveillance and inspection robot equipped with thermal and visual imaging sensors for continuous solar asset monitoring, hot-spot identification, and structural health assessments. Aegeus Technologies complements its robotic hardware with an integrated Internet of Things (IoT) and artificial intelligence (AI) software platform that facilitates remote fleet management, real-time soiling loss monitoring, automated cleaning scheduling, and predictive maintenance analytics. In addition to direct equipment sales, the company offers specialized service delivery models, including: Module Cleaning as a Service (MCaaS), a pay-per-use and subscription-based operational cleaning framework; comprehensive solar plant Operations and Maintenance (O&M) contracts; Annual Maintenance Contracts (AMCs) for installed robotic hardware; and technical consulting, retrofitting, and deployment services. Aegeus Technologies serves a business-to-business customer base encompassing solar power project developers, independent power producers (IPPs), Engineering, Procurement, and Construction (EPC) contractors, and commercial rooftop operators throughout India, with strategic initiatives to expand into international renewable markets. In recent corporate developments, the company transitioned from a private entity to a public limited company and completed its Initial Public Offering (IPO) on the BSE SME platform in August 2026, raising approximately 23.71 crore INR to fund manufacturing infrastructure expansion, advance robotics research and development, and meet working capital requirements. Concurrently, Aegeus Technologies has scaled its Module Cleaning as a Service (MCaaS) operational framework to expand recurring revenue streams, enhanced the AI-driven diagnostic capabilities of its robotic fleet, and broadened strategic service engagements with major utility and commercial solar asset owners.