Prabhat Technologies

What Prabhat Technologies does

Prabhat Technologies (India) Limited is a publicly listed diversified conglomerate (BSE: PTIL) founded in 1997 and headquartered in Mumbai, with 51-100 employees and operations across India, China, Hong Kong, the UAE, and broader GCC/African markets. The company operates through six wholly-owned subsidiaries spanning telecom/mobile device manufacturing (VEE 3 Informatics Limited, V3 Mobiles, Xccess, Mobile Plus retail chain), renewable energy EPC (Prabhat Renewable Energy & Agro Ltd. — solar home lighting, panels, parks, microgrids), stainless steel manufacturing and export (Shambho Techsteel Pvt. Ltd.), IT infrastructure services (Prabhat Charter Infra Services), Core Investment Company holdings (Prabhat Capital Investments Ltd, established 2022), and international trading (Prabhat Overseas LLC-FZ).

The company's core technology and products span mobile device manufacture and assembly (V3, Xccess brands), solar energy systems (20,000+ Solar Home Lighting Systems installed under MEDA's R V E Scheme), industrial stainless steel pipes/tubes/fittings, and IT infrastructure turnkey services for telecom operators. Manufacturing facilities are located in India (Vadodara, Mumbai, Rorkee, Bhiwandi) and China (Shenzhen); international offices in Hong Kong and Dubai support trading operations across GCC and African markets.

Revenue mechanics are highly diversified across hardware sales (telecom devices, steel products), one-time renewable energy project revenue (EPC and government contracts under PM Saubhagya/Kusum Yojana), managed services (IT infrastructure leasing and installation for operators like Tata Teleservices Maharashtra), and portfolio investment management via the CIC structure. Distribution channels include direct B2B/B2G sales, the proprietary Mobile Plus retail chain, partnerships with major retailers (Flipkart, Vijay Sales), and telecom operator channels (Tata Sky MDU, Tata Indicom, Airtel). However, consolidated financial performance has deteriorated sharply: FY March 2026 annual sales were reported as NIL versus Rs 1.37 crore the prior year, with Q4 March 2026 showing a net loss of Rs 22.09 crore and Q3 December 2025 a net loss of Rs 11.65 crore, indicating a transitional period with minimal revenue generation despite a full-year net profit of Rs 10.83 crore driven by non-operating items.

Name

Prabhat Technologies

Legal name

Prabhat Technologies (India) Limited

Website

https://prabhatgroup.net

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Prabhat Technologies (India) Limited is a publicly listed Indian conglomerate operating across telecom device manufacturing, solar renewable energy EPC, stainless steel production, IT infrastructure services, and international trading through six wholly-owned subsidiaries serving government, telecom operator, industrial, and retail customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Telecom Hardware Sales: Manufacturing and sales of mobile devices under V3 Mobiles brand, distribution of mobile phones and accessories through Mobile Plus retail chain and multi-branded retail partnerships
2. Renewable Energy Solutions: Solar energy solutions including solar home lighting systems, solar panels, solar parks, microgrids, and EPC services for residential, commercial, industrial and government applications
3. Steel Products: Manufacturing and export of stainless steel products including industrial pipes, tubes, elbows, end caps, and fittings through Shambho Techsteel Pvt. Ltd.
4. Financial Services: Core Investment Company (CIC) managing portfolio investments across subsidiaries including solar installations, Wi-Fi rental services, hospital infrastructure and charitable activities
5. International Trading: Trading of engineering products, solar systems, seamless steel pipes, electronic devices across Local, GCC and African markets through Prabhat Overseas LLC
6. IT Infrastructure Services: Technical installation and commissioning of IT infrastructure for telecom operators, providing IT solutions and hardware on turnkey basis and long-term lease arrangements
7. Corporate/Consolidated Revenue: Consolidated financial results show nil sales for Q4 March 2026 and Q3 December 2025, with full year net profit of Rs 10.83 crore, indicating transitional period with minimal revenue generation

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Prabhat Technologies is a diversified conglomerate that manufactures and assembles mobile devices under proprietary brands (V3 Mobiles, Xccess), distributes telecom devices through a multi-brand retail chain (Mobile Plus), provides solar energy solutions including solar home lighting systems, solar panels, solar parks, microgrids, and EPC services, manufactures and exports stainless steel pipes and fittings through Shambho Techsteel, delivers IT infrastructure services to telecom operators, and operates international trading across GCC and African markets through Prabhat Overseas LLC-FZ. The company also functions as a Core Investment Company (CIC) managing portfolio investments across its subsidiaries.

Product overview

Prabhat Technologies is a diversified conglomerate offering multiple business segments rather than a single unified product platform. The core offerings span telecom/mobile devices (Prabhat Technologies India Ltd with V3 Mobiles and MOBILE PLUS retail), renewable energy (Prabhat Renewable Energy & Agro Ltd with solar solutions, panels, parks, microgrids, and EPC services), steel manufacturing (Shambho Techsteel Pvt. Ltd producing stainless steel pipes, tubes, and fittings), financial services (Prabhat Capital Investments Ltd as a Core Investment Company), IT infrastructure (Prabhat Charter Infra Services), and international trading (Prabhat Overseas LLC-FZ). Additional brands include Xccess, Mipow, Platinum, V3 Informatics, and VEE 3 Informatics Limited. The portfolio operates across India with manufacturing facilities in Mumbai, Rorkee, and Waghodia, and international presence in China and Dubai.

Differentiator

Problem solved

Functional benefit

Brands

• V3 Mobiles: Mobile devices manufactured and assembled under the V3 brand
• XCCESS
• The Mobile Plus
• Mipow
• V3 Informatics
• Platinum
• VEE 3 Informatics Limited

Products and services

• V3 Mobiles Mobile devices manufactured and assembled under the company's own brand, with operations managed by VEE 3 Informatics Limited and manufacturing facilities in India and China.
• Mobile Plus Retail Chain Multi-branded mobile phones and accessories retail chain operated by the company across India, providing consumer-facing retail sales of mobile devices and accessories.
• Xccess Brand Mobile brand offering mobiles, data devices and accessories, launched in 2012 as part of the company's own-brand retail expansion.
• Solar Home Lighting Systems Reliable and efficient solar-powered lighting solutions designed to enhance energy access in residential settings, especially in off-grid rural areas; over 20,000 systems installed under R V E Scheme.
• Solar Panels and Solar Parks High-performance solar panels suitable for residential, commercial, and industrial applications, including large-scale solar parks designed to generate substantial renewable energy for grid stability.
• Solar Microgrids Advanced microgrid solutions that provide localized energy independence and enhance power reliability for communities, particularly in rural and off-grid areas.
• Solar EPC (Engineering, Procurement, Construction) Services Comprehensive EPC solutions covering every aspect of solar energy projects from design and procurement to construction and maintenance, offered to residential, commercial, industrial, and government clients.
• Shambho Techsteel Stainless Steel Products
• Prabhat Charter Infra Services - IT Infrastructure Solutions IT infrastructure services specializing in technical installation and commissioning, providing IT solutions and hardware on turnkey basis and through long-term lease arrangements, working with major telecom operators including Tata Teleservices Maharashtra Limited.
• Prabhat Capital Investments Ltd (PCIL) Core Investment Company (CIC) holding company established in 2022, strategically investing in subsidiaries across solar installations, Wi-Fi rental services, manufacturing, technology, trading, and hospital infrastructure.
• Prabhat Overseas LLC-FZ International Trading International trading operation serving Local, GCC, and African markets with engineering products, solar systems, renewable energy products, seamless steel pipes and tubes, and electronic devices and gadgets.

Quantifiable outcome

• Over 20,000 Solar Home Lighting Systems installed
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core and minor.

• Tata Teleservices Maharashtra LimitedcoreChannel Partner/ Reseller/ DistributorPrabhat Charter Infra Services works closely with Tata Teleservices Maharashtra Limited to deliver top-tier IT infrastructure services, leveraging cutting-edge technology and industry best practices.
• MEDA (Maharashtra Energy Development Agency)coreStrategic or Co-development PartnerGovernment partnership for rural electrification through solar home lighting systems. Successfully installed over 20,000 systems under R V E Scheme and 2,353 systems under Rural Village Electrification Programme 2021-22.
• Tata SkycoreChannel Partner/ Reseller/ DistributorSole MDU (Multi-Dwelling Unit) for Tata Sky DTH services in Mumbai since 2007. Received Power Partner award from Tata Sky.
• Tata IndicomcoreChannel Partner/ Reseller/ DistributorNational distribution partnership for Tata Indicom products. Won Champion Bonanza Scheme award in September 2003 and partnered for national distribution of global calling cards with Tata Communications.
• AirtelcoreChannel Partner/ Reseller/ DistributorPartnership with airtel for national distribution of global calling cards since 2005.
• Tata CommunicationscoreChannel Partner/ Reseller/ DistributorPartnership with Tata Communications for national distribution of global calling cards.
• MicromaxcoreChannel Partner/ Reseller/ DistributorTop distributor for Micromax mobile phones in Western India, contributed to Micromax's exponential growth with distribution in entire western India, UP and Delhi. Service center established for Micromax and Hisense.
• FlipkartcoreChannel Partner/ Reseller/ DistributorE-commerce marketplace partner for mobile devices and accessories. Achieved Gold Seller Status (June-Aug 2022) and Silver Seller Status (Sept-Nov 2021) on Flipkart platform.
• Saahas TrustminorStrategic or Co-development PartnerCSR partnership with Saahas Trust, a non-governmental voluntary organisation working for healthcare, education, disaster relief, livelihood, women empowerment, and environment programs.
• MAHAGENCO (Maharashtra State Power Generation Co Ltd)minorStrategic or Co-development PartnerPartnership for sustainable energy initiatives in Maharashtra.
• PMPML (Pune Mahanagar Parivahan Mahamandal Ltd)minorStrategic or Co-development PartnerPartnership for public transportation related initiatives.
• Vijay SalesminorChannel Partner/ Reseller/ DistributorRetail partnership for multi-brand electronics and mobile devices.
• Mahavitaran (MSEDCL)minorStrategic or Co-development PartnerPartnership with Maharashtra State Electricity Distribution Company Limited for energy initiatives.
• AmravatiminorStrategic or Co-development PartnerPartnership for regional development initiatives in Amravati district.
• Government of India (PM Saubhagya Yojana)coreStrategic or Co-development PartnerContribution to national effort to electrify rural households through solar power under PM Saubhagya Yojana.
• Government of India (PM Kusum Yojana)coreStrategic or Co-development PartnerSupporting initiative for solar-powered irrigation and sustainable energy solutions in agriculture under PM Kusum Yojana.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• HFCL: Indian telecom equipment manufacturer covering optical fibre, cables, and network gear. Comparable to Prabhat Charter Infra Services' telecom infrastructure installation business.
• Vikram Solar: Solar PV manufacturer and EPC provider in India. Comparable in product scope (solar panels, EPC services) and government/institutional customer mix.
• Ratnamani Metals & Tubes: Indian manufacturer of stainless steel pipes, tubes, and fittings. Closely comparable to Shambho Techsteel's stainless steel industrial product line and export focus.
• Waaree Energies: Indian solar PV module manufacturer and EPC player. Directly comparable to Prabhat Renewable Energy's solar panel and EPC business and competes for the same MEDA and central government scheme contracts.
• Salzer Electronics: Indian manufacturer of electrical and electronic products including telecom and switchgear lines. Comparable in scale, public-listed status, and diversified small-ticket manufacturing profile.
• Lava International: Indian mobile phone manufacturer and brand owner. Directly comparable to V3 Mobiles/Xccess as a domestic handset brand with in-house assembly and similar value-tier positioning.
• Sterling and Wilson Renewable Energy: Large-scale solar EPC contractor. Comparable to Prabhat's renewable energy EPC arm and competes for the same utility-scale and government solar tenders.

Broad incumbents

• Sterlite Technologies: Leading Indian digital networks and telecom infrastructure provider. Overlaps with Prabhat's IT infrastructure services and telecom product distribution segments.
• Jindal Stainless: Largest Indian stainless steel manufacturer. Comparable to Shambho Techsteel's stainless steel pipes, tubes, and fittings business at an incumbent scale.
• Bajaj Electricals: Diversified Indian electrical/electronics conglomerate with EPC, lighting, and consumer products. Comparable in conglomerate breadth and Indian listed-entity structure though operating at a much larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Xccessme
• LinkedInlinkedin.com/company/prabhat-telecom-i-pvt-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prabhat Technologies