About Meter Track
Meter Track is an Energy & Utilities company based in Ahmedabad (India) founded in 2016. It offers energy monitoring and management solutions for efficient operations. It operates on a B2B model. Its Indian entity Sahaj Informatics Private Limited reported revenue of ₹1.10 Cr. Its focus areas include Energy, Energy Management, Monitoring Solutions and Energy Tracking. Similar companies include Particle, Signify, Landis+Gyr, PowerSecure and Span.IO and 4 more; 5 of its 9 listed similar companies have raised funding.
Company details
Meter Track, based in Ahmedabad, focuses on working in the energy sector, managing energy systems, monitoring solutions, and energy tracking. Offers energy monitoring and management solutions for efficient operations. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Ahmedabad, India
- SectorsEnergy & Utilities
- Website metertrack.in
- Social X Facebook
- Legal Name Sahaj Informatics Private Limited
- Date of Incorporation 05 Jun, 2014
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.10 Cr
FY 2024 · -28% YoY
- Net Profit₹1.6 Lakh
FY 2024 · 1% margin
- EBITDA₹1.6 Lakh
FY 2024 · 1% margin
Associated legal entities of Meter Track
Meter Track operates through Sahaj Informatics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sahaj Informatics Private Limited CIN U50102GJ2014PTC079697 | Active | 05 Jun 2014 | Ahmedabad, Gujarat | ₹1.1 Cr | – | 2 | View details |
Board of directors of Sahaj Informatics Private Limited (Meter Track)
Sahaj Informatics Private Limited is the primary company behind Meter Track. The board of Sahaj Informatics Private Limited currently have 2 directors; the longest-serving is Prashant Manilal Bhoraniya, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant Manilal Bhoraniya DIN 06862261 | Director | 05 Jun 2014 | 12 yrs 4 mo | Sahaj Informatics Private Limited |
| Charmi Prashant Bhoraniya DIN 10690530 | Director | 01 Jul 2024 | 2 yrs 3 mo | Sahaj Informatics Private Limited |
Financials of Meter Track
Figures of Sahaj Informatics Private Limited, the primary company behind Meter Track, for FY 2024. Revenue was ₹1.10 Cr (-28% year on year). Net profit was ₹1.6 Lakh (1% margin). EBITDA was ₹1.6 Lakh (1% margin). Revenue has grown at a compounded annual rate of -14% over three years and +6% over five years.
- ₹1.10 CrRevenue · FY 2024 · -28% YoY
- ₹1.6 LakhNet profit · 1% margin
- ₹1.6 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- -14%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sahaj Informatics Private Limited are on its company page.
Detailed financial statements for Meter Track
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Similar companies to Meter Track
Meter Track has 9 listed similar companies in our database, 5 of them funded. They include Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| powersecure.com | 1991 | Wake Forest, United States | – | 1,030 | Energy efficiency and smart grid management solutions | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| osram.com | 1919 | Munich, Germany | – | 13 | Automotive lighting equipment is manufactured by Osram in Germany. | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. | |
| tantalus.com | 1989 | Raleigh, United States | $58.7M | 42 | Smart grid communication solutions are provided for utilities by Tantalus. | |
| resideo.com | 2018 | Wilmington, United States | – | 293 | Smart home products for security and energy efficiency are provided. |
Detailed similar companies of Meter Track
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Top companies in Energy Efficiency Solutions
10 companies that operate in the same segment as Meter Track (Energy Efficiency Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 257.69 M | USD 1.25 B | 3,191 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
IoT and SaaS solutions for building energy management are provided. | 2011 | Munchen, Bayern, Germany | USD 245.02 M | USD 715.19 K | 201 | |
Provider of smart energy management solutions | 2013 | Sunnyvale, California, United States | USD 534.75 M | – | 204 | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 |
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Frequently Asked Questions about Meter Track
Meter Track was founded in 2016.
Meter Track is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Meter Track, Sahaj Informatics Private Limited, reported revenue of ₹1.10 Cr for FY 2024, down 28% year on year.
Meter Track, based in Ahmedabad, focuses on working in the energy sector, managing energy systems, monitoring solutions, and energy tracking. Offers energy monitoring and management solutions for efficient operations. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Meter Track's top competitors include Particle, Landis+Gyr and Signify.
Meter Track operates through Sahaj Informatics Private Limited.
The legal entities of Meter Track currently have 2 directors, including Prashant Manilal Bhoraniya, Charmi Prashant Bhoraniya.