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Gensol Engineering
4.0
based on 135 Reviews
Company Overview
Company Locations
Working at Gensol Engineering
Company Summary
Gensol Group is an energetic team of Solar Experts and Engineers, providing solar advisory and execution services.
Overall Rating
4.0/5
based on 135 reviews
On-Par with
industry average
Highly rated for
Salary
Work Policy
Work from office
79% employees reported
Monday to Saturday
55% employees reported
Flexible timing
57% employees reported
Within country
53% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
8 employees reported
Free meal
4 employees reported
Job/Soft skill training
2 employees reported
Cafeteria
1 employee reported
View all benefits
About Gensol Engineering
Founded in2007 (18 yrs old)
India Employee Count51-200
Global Employee Count51-200
India HeadquartersAhmedabad, Gujarat, India
Office Locations
--
Websitegensolsolar.com
Primary Industry
Other Industries
--
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Gensol, a frontrunner in the Solar and Renewables Industry, is a rare mix of youth and experience. With a decent portfolio at base, Gensol is growing and diversifying in other areas of the renewable energy sector. Solar Advisory, Solar EPC and O&M being the biggest strengths of the Group, it is also growing by leaps and bounds in areas like Wind Advisory, Energy Storage, Electric Vehicles, Manufacturing and Electric Vehicles.
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Gensol Engineering Ratings
based on 135 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
62
4
34
3
15
2
10
1
14
Category Ratings
4.0
Salary
3.7
Work-life balance
3.7
Skill development
3.7
Promotions
3.6
Company culture
3.5
Job security
3.5
Work satisfaction
Gensol Engineering is rated 4.0 out of 5 stars on AmbitionBox, based on 135 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Gensol Engineering
based on 131 reviews
2.8
Rated by 8 Women
Rated 3.6 for Salary and 2.8 for Work-life balance
4.1
Rated by 123 Men
Rated 4.0 for Salary and 3.8 for Work-life balance
Work Policy at Gensol Engineering
based on 42 reviews in last 6 months
Work from office
79%
Hybrid
14%
Permanent work from home
7%
Gensol Engineering Reviews
Top mentions in Gensol Engineering Reviews
+ 4 more
Compare Gensol Engineering with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 135 reviews | 4.0/5 based on 18.8k reviews | 4.1/5 based on 3.3k reviews | 4.1/5 based on 2.3k reviews |
Highly Rated for | Salary | Job security Skill development | Job security Company culture Skill development | Skill development Job security Company culture |
Critically Rated for | No critically rated category | Promotions | No critically rated category | Promotions |
Primary Work Policy | Work from office 79% employees reported | Work from office 80% employees reported | Work from office 68% employees reported | Work from office 76% employees reported |
Rating by Women Employees | 2.8 Poor rated by 8 women | 3.7 Good rated by 1.1k women | 3.9 Good rated by 143 women | 4.1 Good rated by 75 women |
Rating by Men Employees | 4.1 Good rated by 123 men | 4.0 Good rated by 16.4k men | 4.1 Good rated by 3.1k men | 4.1 Good rated by 2.1k men |
Job security | 3.5 Good | 4.0 Good | 4.2 Good | 4.0 Good |
View more
Gensol Engineering Salaries
Gensol Engineering salaries have received with an average score of 4.0 out of 5 by 135 employees.
Senior Engineer
(36 salaries)
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₹4.2 L/yr - ₹8.2 L/yr
Project Engineer
(14 salaries)
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₹3 L/yr - ₹7 L/yr
Senior Project Engineer
(11 salaries)
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₹4 L/yr - ₹6.1 L/yr
Safety Officer
(11 salaries)
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₹3.8 L/yr - ₹5.5 L/yr
Electrical Engineer
(8 salaries)
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₹3.2 L/yr - ₹5.6 L/yr
Senior Civil Engineer
(7 salaries)
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₹5 L/yr - ₹9 L/yr
Electrical Project Engineer
(7 salaries)
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₹4.8 L/yr - ₹6.4 L/yr
Senior Electrical Engineer
(6 salaries)
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₹5 L/yr - ₹6.2 L/yr
Deputy Manager
(6 salaries)
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₹9 L/yr - ₹14.8 L/yr
Civil Engineer
(6 salaries)
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₹3.9 L/yr - ₹6.2 L/yr
Gensol Engineering Interview Questions
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Gensol Engineering Jobs
Popular Designations Gensol Engineering Hires for
Senior Engineer
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Gensol Engineering News
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Gensol Engineering: From supernova to stardust?
- Credit rating downgrades have caused the stock of Gensol Engineering (GEL) to decrease by almost 50% in just 10 days.
- GEL, a solar EPC player turned EV lessor and manufacturer, had shown promising financial performance and growth potential.
- However, both CARE Ratings and ICRA downgraded GEL's credit rating to D, indicating a high risk of default, and raised concerns about falsified documents and corporate governance.
- GEL's stock has seen a 49% drop since the credit rating downgrades, and the company is taking measures to address the situation.
HinduBusinessLine | 15 Mar, 2025
Gensol Engineering Share Price Hits Lower Circuit For Fourth Day
- Gensol Engineering's share price hit the lower circuit for the fourth consecutive session in a row on Thursday.
- Promoters of Gensol Engineering sold 2.37% stakes to infuse liquidity, to reinforce the financial foundation of the company.
- Gensol Engineering's share price hit 5% lower circuit and fell to Rs 262.15 apiece, which is the lowest level since its listing on July 3, 2023.
- The stock has been steadily declining since Feb. 24, with Gensol Engineering declining 65.42% on a year-to-date basis.
Bloomberg Quint | 13 Mar, 2025
Stock Market Today: All You Need To Know Going Into Trade On March 11
- India's benchmark equity indices closed lower on Monday, with the NSE Nifty 50 down by 0.41% and the BSE Sensex down by 0.29%.
- Foreign portfolio investors continued to be net sellers of Indian equities for the 13th consecutive session, while domestic institutional investors remained net buyers for the 23rd straight session.
- Stocks to watch include IndusInd Bank, Bharat Electronics, HEG, Gensol Engineering, Anupam Rasayan India, Ashoka Buildcon, and more, with significant developments and investments in various sectors.
- In the insider trading segment, notable transactions involved promoters of NCC, Pidilite Industries, JK Lakshmi Cement, Man Industries, NRB Bearings, and Indoco Remedies buying or selling shares.
- Trading tweaks included price band changes for Panacea Biotec and Bharat Wire Ropes, as well as companies moving in and out of the short-term ASM framework.
- In the F&O cues, Nifty March futures were down by 0.63%, while options data showed maximum call open interest at 23,000 and maximum put open interest at 22,000.
- The currency update highlighted the rupee ending near a one-week low against the US dollar at 87.33, amid increased demand for the greenback due to risk-off sentiment.
- Overall, the market outlook included various stock movements, regulatory updates, insider trading activities, and currency fluctuations impacting the trading session.
- For more detailed information on stock market updates, business news, and IPO updates, viewers can tune in to NDTV Profit for live coverage.
Bloomberg Quint | 11 Mar, 2025
Stocks To Watch Today: IndusInd Bank, BEL, Bajaj Consumer, NTPC, HEG, Premier Explosives
- IndusInd Bank found accounting discrepancies in its derivatives portfolio.
- Bharat Electronics received orders worth Rs 843 crore.
- HEG: Singularity Fund to invest Rs 250 crore in Bhilwara Energy.
- Gensol Engineering promoter infused Rs 29 crore via conversion of warrants.
Bloomberg Quint | 11 Mar, 2025
What's Up With Gensol Engineering? Debt Woes, Promoter Selling Shake Confidence Of Investors
- Gensol Engineering promoters have sold a total of 11.15 lakh shares in the past month, impacting investor confidence.
- The company reduced debt obligations by Rs 230 crore in fiscal 2025, but its shares declined 56%, losing Rs 1,600 crore in market capitalization.
- Rating downgrades by CareEdge and ICRA, indicating default and falsified documentation on debt servicing, led to stock price plunge by 69%.
- Promoters sold 2.37% shareholding worth Rs 30 crore to infuse funds, reducing their stake from 62.65% to 59.7%.
- Of the remaining Rs 404 crore to be raised, Rs 100 crore will come from promoters, with the balance from 107 investors, pending board approval.
- Gensol has issued 61.84 lakh warrants, intending to raise Rs 400 crore, which would be 35% of total debt.
- The company aims to reduce debt through asset divestments, selling electric vehicles and a subsidiary worth Rs 665 crore.
- Despite financial challenges, Gensol Engineering reported revenue growth and positive triggers like a strong order book and EV segment growth.
- The firm has pre-booked 30,000 electric vehicles and plans to execute battery energy storage projects in the upcoming financial year.
- Investors await the board meeting on March 13 to decide on the proposed fundraise and gauge the company's future course of action.
Bloomberg Quint | 10 Mar, 2025
Gensol Engineering And The Curious Case Of Missing Cash
- Financial irregularities have been discovered in the case of Gensol Engineering Ltd.
- Gensol Engineering fell short of its revenue target for the nine months ending December 2024.
- Investors and auditors are raising concerns about Gensol Engineering's falsified and misleading disclosures.
- Auditor Suresh Surana & Associates LLP is expected to provide an explanation for the missing cash.
Bloomberg Quint | 10 Mar, 2025
Stock Market Live: GIFT Nifty Indicates Muted Open; Tata Power, Ireda, Gensol Engineering In Focus
- The benchmark equity indices closed flat on Friday, with the NSE Nifty 50 snapping its three-week rout and registering the best weekly gains in three months.
- The GIFT Nifty was trading near 22,600 early on Monday.
- Over 9.40 lakh shares of Bharti Airtel were traded via a block deal on Monday.
- Stocks in the Asia Pacific region rose on Monday amid concerns about economic growth in the US.
Bloomberg Quint | 10 Mar, 2025
Stock Market Live Updates 10 March, 2025: Stock to sell today: Zydus Lifesciences (₹901.15)
- Adani Wilmar CEO expects 3-4% increase in margin in next 4-5 years.
- Gensol Engineering's promoters plan to buy shares from the market or convert warrants.
- HUDCO, an infrastructure financing company, has been careful in financing infra projects.
- IRCTC CMD discusses the Mahakumbh revenue boost and advance booking guidelines.
HinduBusinessLine | 10 Mar, 2025
Stock Market Live Updates 7 March 2025: Indian markets track global weakness; Sensex down nearly 200 points
- Global markets, including Asian markets, trade lower, with MSCI Asia ex-Japan down by 0.8%.
- Tariff uncertainty persists as Trump suspends 25% tariffs on Mexico and Canada.
- Foreign Institutional Investors continue to pull out funds from Indian equities.
- Oil prices drop, providing relief for India amidst pressure in energy markets.
- Recent gains in Nifty and Sensex attributed to value buying after significant declines.
- Major stock indices such as Dow Jones, S&P 500, and Nasdaq Composite witness declines.
- Stocks of Gensol Engineering face challenges, including credit rating downgrades and liquidity concerns.
- Reliance Industries and Jio receive upgrades from global brokerages.
- Veranda Learning collaborates with IIT Madras for competitive exam prep courses.
- L&T Technology Services implements AI-powered command center at Maha Kumbh 2025.
HinduBusinessLine | 7 Mar, 2025
Gensol Engineering brings back former CFO amid financial challenges
- Gensol Engineering Limited's shares traded higher with the appointment of former CFO.
- The shares were up by 2.06% and reached a 52-week low at ₹307.25.
- The company acknowledged financial challenges and announced the appointment of the former CFO to lead through the tough times.
- Gensol Engineering specializes in solar power engineering, procurement, construction services, and has expanded into battery energy storage systems, green hydrogen production, and electric vehicles.
HinduBusinessLine | 7 Mar, 2025
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Gensol Engineering FAQs
When was Gensol Engineering founded?
Gensol Engineering was founded in 2007. The company has been operating for 18 years primarily in the Power sector.
Where is the Gensol Engineering headquarters located?
Gensol Engineering is headquartered in Ahmedabad, Gujarat.
How many employees does Gensol Engineering have in India?
Gensol Engineering currently has more than 60+ employees in India. Construction & Site Engineering department appears to have the highest employee count in Gensol Engineering based on the number of reviews submitted on AmbitionBox.
Does Gensol Engineering have good work-life balance?
Gensol Engineering has a Work-Life Balance Rating of 3.7 out of 5 based on 100+ employee reviews on AmbitionBox. 71% employees rated Gensol Engineering 4 or above, while 29% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Gensol Engineering work-life balance reviews for more details
Is Gensol Engineering good for career growth?
Career growth at Gensol Engineering is rated fairly well, with a promotions and appraisal rating of 3.7. 71% employees rated Gensol Engineering 4 or above, while 29% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Gensol Engineering reviews for more detailed insights.
What are the pros of working in Gensol Engineering?
Working at Gensol Engineering offers several advantages that make it an appealing place for employees. The company is highly rated for salary & benefits, based on 100+ employee reviews on AmbitionBox.
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