Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

Infrax Renewable Limited operates via 3 business models: EPC services for end-to-end solar solutions (planning, design, installation for rooftop and ground-mount projects); Independent Power Producer (IPP), selling solar electricity through its own solar power plant in Gujarat via a PPA with Paschim Gujarat Vij Company Limited (PGVCL); and supplying Solar PV Modules, Inverters and other solar products to residential, commercial and industrial customers. Revenue Rs 93.33 Cr (2026) vs Rs 30.48 Cr (2025); PAT Rs 10.20 Cr vs Rs 2.85 Cr. Promoters: Bhargv Ashvinbhai Vachhani, Gandhi Bhavik Tarunkumar, Khushboo Bhargav Vachhani.