- Business
- Zodiac Energy Limited operates as an energy solutions provider specializing primarily in solar power generation and related services. The company designs, manufactures, and installs solar photovoltaic systems, parabolic trough solar systems, solar water heaters, and diesel and gas generation sets. Its core business activities include engineering, procurement, and construction (EPC) services for solar power plants; operation and maintenance (O&M) of solar energy systems; and consultancy services ranging from feasibility studies and system design to commissioning and testing of solar projects. Zodiac Energy serves residential, commercial, and industrial customers with over 300 megawatts of solar portfolio capacity across India and international markets. Founded over three decades ago and headquartered in Ahmedabad, Gujarat, Zodiac Energy has established a strong presence in the renewable energy sector.
Recently, Zodiac Energy has made significant strides including commissioning a 10.4 MWp solar plant at Karsanpura, Mehsana, Gujarat, in October 2025. The company has demonstrated robust revenue growth, with standalone net sales rising 83.41% year-over-year as of September 2025. It maintains a healthy order book reflecting substantial revenue visibility for the near term. Zodiac Energy also expanded its service offerings by securing its first international rooftop solar order in late 2024, signaling a strategic move towards global market expansion. Financially, it recorded over 220 crore INR in total revenue for FY 2024, with continuing growth expected in FY 2025 supported by execution of a strong project pipeline. The company’s latest quarterly and half-year results reflect a mixed performance with revenue growth and improved operational metrics despite some fluctuations in profitability.
Zodiac Energy’s industry focus lies in renewable energy, specifically solar power generation and allied equipment supply and services. Its product portfolio includes solar panels, solar rooftop systems, solar power plants, and auxiliary products such as solar water heaters and solar mounting structures. Services encompass turnkey EPC of solar power projects, project management, and long-term O&M solutions ensuring optimal plant performance and reliability. The company targets diverse markets across India and globally, serving utility-scale, commercial, and residential solar power customers. Zodiac Energy operates under a public limited structure since 2017, with a strong operational base in Ahmedabad and sizable project deployments across Gujarat and other Indian states.
In summary, Zodiac Energy Limited is a prominent Indian renewable energy company with comprehensive solar power solutions including manufacturing, EPC services, and operations & maintenance. It leverages over 30 years of expertise to deliver cost-effective and reliable solar solutions while expanding its footprint domestically and internationally. The company has recently enhanced its project execution capabilities and broadened its market presence via new solar plant commissions and international orders, underpinned by strong financial growth and a solid order book for upcoming fiscal years.