ThunderPlus Solutions Pvt. Ltd. has reported a year-to-date (YTD) revenue of approximately ₹15 crore for FY 2025–26, reflecting strong momentum in India’s rapidly expanding electric vehicle (EV) charging ecosystem.
The company is now targeting ₹33.4 crore revenue in FY 2026–27, projecting over 2X growth, driven by the expansion of public EV charging infrastructure and a diversified business model.
ThunderPlus has emerged as a profitable player in the EV charging space, reporting an operational margin of around 19% and a positive profit after tax (PAT), positioning it among a select group of financially sustainable companies in the sector.
The company’s growth trajectory has been particularly strong, with monthly revenues witnessing a sharp increase over the past year. Its charging operations continue to be the primary revenue driver, contributing a significant share to overall earnings.
In addition, ThunderPlus has reduced its dependency on a single client while expanding its customer base, reflecting a more balanced and resilient revenue model. The company is also witnessing increasing traction in public EV charging, supported by rising EV adoption across India.
Currently operating over 250 charging stations nationwide, ThunderPlus is expanding its footprint across key states, aiming to strengthen its position in India’s evolving EV infrastructure landscape.
With a focus on profitability and scalable growth, the company plans to further diversify its revenue streams across public charging, EPC services, and equipment sales, aligning with the growing demand for reliable EV charging solutions in the country.
