Avon Meters

Dera Bassi, India Founded: 1995 • Age: 31 yrs Minicorn
Energy measuring and management systems are manufactured in India.

About Avon Meters

Avon Meters is an Energy & Utilities company based in Dera Bassi (India) founded in 1995. Energy measuring and management systems are manufactured in India. The company has 248 employees. Avon Meters was last valued at $5.27 million in December 2011. Its Indian entity Avon Meters Private Limited reported revenue of β‚Ή241 Cr. Its focus areas include Energy Tech, Smart Grid, Advanced Metering Infrastructure and Smart Meters. Its competitors include Kimbal and IntelliSmart; 1 of its 2 listed competitors has raised funding.

Company details

Avon Meters was established in 1995 in Dera Bassi, India, where operations are focused on the energy sector. Energy measuring and management systems are produced for industrial and utility applications. Services include system design, installation, and maintenance support. The company serves domestic and international markets from its primary facility in Punjab, emphasizing reliable measurement solutions for power distribution and consumption tracking.

  • Headquarters Dera Bassi, India
  • Employees 248
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website avonmeters.com
  • Social LinkedIn
  • Legal Name Avon Meters Private Limited
  • Date of Incorporation 21 Jun, 1995
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹241 Cr

    FY 2025 · -24% YoY

  • Net Profit
    ₹9.78 Cr

    FY 2025 · 4% margin

  • EBITDA
    ₹20.39 Cr

    FY 2025 · 8% margin

  • Latest Funding Round
    $344.15K (USD), Unspecified

    Dec 2011

  • Employee Count
    248

Funding Insights of Avon Meters

  • Total Rounds 1
  • Last Round Unspecified β€” $344,154
  • First Round $344,154

    (Dec 2011)

  • Investors Count 1

All 1 funding rounds of Avon Meters with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2011$344,154Unspecified$5.27M–
Valuation history
DateValuationStage
Dec 2011$5.27Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $5.27M (Dec 2011). 1 investors in total: 1 institutional.

Investors in Avon Meters

Avon Meters has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Essessexim.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
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Board of directors of Avon Meters Private Limited (Avon Meters)

Avon Meters Private Limited is the primary company behind Avon Meters. The board of Avon Meters Private Limited currently have 4 directors; the longest-serving is Anil Gupta, appointed in 1997. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anil Gupta
DIN 01144744
Director25 Jul 199729 yrs 3 moAvon Meters Private Limited
Ram Niwas Gupta
DIN 01573048
Director25 Jul 199729 yrs 3 moAvon Meters Private Limited
Nikhil Goel
DIN 01741446
Managing Director21 Sep 199828 yrs 1 moAvon Meters Private Limited
Natwar Goyal
DIN 01291101
Director27 Dec 200619 yrs 10 moAvon Meters Private Limited

People of Avon Meters

1 people are tracked at Avon Meters (1 in leadership); the tracked headcount is 248.

NameRoleGroup
OwnerLeadership
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Financials of Avon Meters

Figures of Avon Meters Private Limited, the primary company behind Avon Meters, for FY 2025. Revenue was ₹241 Cr (-24% year on year). Net profit was ₹9.78 Cr (4% margin). EBITDA was ₹20.39 Cr (8% margin). Revenue has grown at a compounded annual rate of +24% over three years and +1% over five years.

  • ₹241 CrRevenue · FY 2025 · -24% YoY
  • ₹9.78 CrNet profit · 4% margin
  • ₹20.39 CrEBITDA · 8% margin
  • ₹5.70 CrPaid-up capital
  • 248Employees (provident fund records)
  • +24%Revenue CAGR, 3 years
  • +1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Avon Meters Private Limited are on its company page.

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Timeline of Avon Meters

3 dated milestones of Avon Meters across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avon Meters is founded.
  2. Funding First funding round of $344K.
  3. Milestone Reaches Minicorn status.

Competitors of Avon Meters

Avon Meters has 2 listed competitors in our database, 1 of them funded. They include Kimbal and IntelliSmart.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kimbal.io2011Delhi, India$21.62M467
Provider of advanced metering infrastructure, smart grid automation, and energy management solutions
intellismartinfra.in2019Delhi, India229
Smart metering infrastructure and AI-based analysis are provided by IntelliSmart.
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Detailed competitors of Avon Meters

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Web traffic of Avon Meters

The website of Avon Meters (avonmeters.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▲ 75.4% vs previous month

Top companies in Smart Grid & Transmission Systems

2 companies that operate in the same segment as Avon Meters (Smart Grid & Transmission Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Provider of smart street lighting solutions
1992Jaipur, Rajasthan, IndiaUSD 504.88 M411
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Related news about Avon Meters

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Frequently Asked Questions about Avon Meters

Avon Meters was founded in 1995 and raised its 1st funding round 16 years after it was founded.

Avon Meters is headquartered in Dera Bassi, India. It is registered at Dera Bassi, Punjab, India.

Avon Meters has 248 employees.

The primary company behind Avon Meters, Avon Meters Private Limited, reported revenue of β‚Ή241 Cr for FY 2025, down 24% year on year.

Avon Meters was established in 1995 in Dera Bassi, India, where operations are focused on the energy sector. Energy measuring and management systems are produced for industrial and utility applications. Services include system design, installation, and maintenance support. The company serves domestic and international markets from its primary facility in Punjab, emphasizing reliable measurement solutions for power distribution and consumption tracking.

Avon Meters's top competitors include Kimbal and IntelliSmart.

Avon Meters has 1 investor. Key investors include Essessexim.

The valuation of Avon Meters is $5.27M as of Dec 2011.

Avon Meters operates through Avon Meters Private Limited.

The legal entities of Avon Meters currently have 5 directors, including Anil Gupta, Ram Niwas Gupta, Nikhil Goel and others.

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