Onix Renewable Unlisted Share Price

Onix Renewable Unlisted Share Description – Incorporated in 2007, Onix Renewable operates in various sectors of renewable energy in India, including Independent Power Production (IPP), Engineering, Procurement, and Construction (EPC), energy transition, and infrastructure development. The company specializes in wind, solar, storage, utility, hybrid systems, green hydrogen, research and development (R&D), and power generation.

With a robust track record, Onix Renewable has successfully launched over 500 MW of projects to date. The company is also expanding its operations into solar photovoltaic (PV) module manufacturing, currently boasting an annual capacity of 100 MW with ambitious plans to increase this to 1200 MW by the end of 2024.

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Business Model of Onix Renewable

1. Project Development and Management: Onix Renewable develops projects from conception to completion, managing all phases including design, construction, installation, commissioning, and ongoing maintenance. This integrated approach allows for customization at every stage of the project lifecycle, ensuring that client needs are met effectively.
2. Diverse Energy Solutions: The company specializes in multiple renewable energy sectors:
   A. Solar Energy: Onix has made significant investments in solar technology, with plans to expand its solar module manufacturing capacity from 100 MW to 1,200 MW by the end of 2024.
   B. Wind Energy: The company has entered the wind energy sector and is involved in hybrid projects that combine wind and solar power.
   C. Green Hydrogen: Onix is exploring opportunities in green hydrogen production as part of its strategy to diversify its energy offerings.
3. Engineering, Procurement, and Construction (EPC) Services: Onix provides comprehensive EPC services for renewable energy projects. This includes feasibility assessments, project planning, regulatory approvals, and construction management. The company’s EPC services are designed to ensure high-quality execution while adhering to environmental standards.
4. Independent Power Producer (IPP): As an IPP, Onix Renewable generates and sells electricity produced from its renewable energy projects. This model aligns with stakeholder interests and supports long-term sustainability goals by providing reliable power generation solutions.
5. International Expansion: Onix Renewable is actively expanding its operations internationally, with projects in regions such as the USA, Vietnam, Thailand, and Africa. This global strategy aims to meet the increasing demand for renewable energy solutions worldwide while contributing to local economies.

Services of Onix Renewable

• Solar Energy Solutions
• Wind Energy Solutions
• Energy Storage Solutions
• Green Hydrogen Initiatives
• Infrastructure Development
• Research & Development
• Project Management & Consulting Services

Product Portfolio of Onix Renewable

• Solar Panels: Available in various types, including monocrystalline, polycrystalline, and TOPCON technologies.
• Solar Inverters: Essential for converting solar energy into usable electricity.
• Solar Pumps: Designed for agricultural and industrial applications.
• Energy Management Systems: Tools to monitor and optimize energy production and consumption.

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Key Highlights –

• The company has successfully launched over 500 MW of projects and aims to generate 10 GW of renewable energy capacity by 2030.
• Onix is diversifying into solar PV module production, with a current capacity of 100 MW, planning to expand to 2400 MW by the end of 2024.
• Onix’s order book has grown significantly, with projections reaching approximately INR 2,120 crore for FY 2024.
• Recognized as India’s only EPC company providing comprehensive solar solutions, it has established a significant presence across 8 states with over 1000 employees and 400+ projects.
• The company has signed MOUs worth INR 19,250 crore for solar and hybrid projects with the Government of Gujarat and INR 400 crore for solar projects with the Government of Uttar Pradesh.
• Onix Renewable is expanding its manufacturing capacity for solar cells and solar modules to 1,200 MW, aimed at meeting the increasing global demand for solar technology.
• The company secured a total of 187.4 MW across 60 locations in Gujarat under the PM KUSUM scheme, making it the largest recipient of projects under this initiative.

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Onix Renewable Board of Directors

• Divyeshkumar Mansukhlal Savaliya, Chairman & Managing Director

Onix Renewable Unlisted Share Details

Name	Onix Renewable Unlisted Share Details
Face Value	INR 10 per share
ISIN Code	INE0TG701015
Lot Size	100 shares
Demat Status	NSDL, CDSL
Share Price of Onix Renewable	INR 20,500 per share
Market Cap	INR 3,424 crores
Total number of shares	16,70,000 shares
Website	www.onixrenewable.com

Onix Renewable Unlisted Share Details – Shareholding Pattern

The details of shareholders’ holding of equity shares:

Shareholder Name	% to Holding	No. of shares
Promoters’ Holding	100	16,70,000

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Onix Renewable Unlisted Share Details – Financial Performance

Particulars	FY 2022	FY 2023	FY 2024
Revenue	99.86	146.46	325.21
Revenue Growth (%)	–	46.67	122.05
Expenses	97.59	135.20	NA
Net income	2.25	9.08	34.61
Margin (%)	2.25	6.20	10.64
EBITDA Margin (%)	3.21	8.59	15.60
EPS	14.49	58.58	–

Onix Renewable Reports

Onix Renewable Company Profile
Onix Renewable Investors Pitch Deck

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Onix Renewable Unlisted Share Peer Comparison

Company	3-yr Sales CAGR (%)	Net Margin (%)	MCap (INR crore)
Onix Renewable	71.0	10.64	3,424
Adani Green Energy	43.4	15.94	2,12,015
Suzlon Energy	25.0	10.11	85,642
JSW Energy	18.4	15.02	1,14,470

Onix Renewable Unlisted Share FAQs