Formerly known as M&B Switchgears, it is a solar plant maker, promoted by the Mundra family. Its USP is that super star Amitabh Bachchan is a stake holder in the company (though we dont see that in the shareholding pattern given). It has been listed right from Forbes to Business World and Business Today as one of the top 200 companies of India. It is operating 120 MWp at Ujaas solar parks, spread around 6 locations in MP. It hands over ready-made solar projects to customers, overseeing construction, licensing and power-sale contracts to ensure plants have buyers for their electricity.

The company posted a good Q4FY16. Net sales for the quarter was up by a smart 77% (YoY) at Rs.14 crore. And this rise was on a whopping 234% jump in total income at Rs.167 crore. EBITDA was at Rs.30 crore, doubling from Rs.16 crore in previous Q4 while margins dropped pretty sharply from 31.8% to 18%.  

The company ended FY16 with a 149% jump in consolidated net income at Rs.277 crore and net profit at Rs.20 crore, up 67%. The company has been consistently working on reducing debt which now stands at Rs.93 crore, down 6% (YoY) and interest outgo has come down 17% at Rs.15 crore. Equity is at Rs.20 crore and EPS for the fiscal stood at Re.1 (FV of Re.1).