About Opalmet
Opalmet is a Technology company based in Delhi (India). It offers robotics, mechanical solutions, software development, and data analytics services. It operates on a B2B model. Its Indian entity Opal Metal Engineering Private Limited reported revenue of ₹3.48 Cr. Opalmet offers products and services including Robotics Solutions, Mechanical Solutions, Software Development, and Data-Driven Innovation. Its focus areas include Industrial, Robotics Tech, Autonomous Systems and Robotic Arms. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Opalmet develops advanced automation and intelligent systems, specializing in robotics, mechanical engineering, software development, and data analytics to optimize processes for global clients. They use a stage-gated product development process to address industry challenges and enhance efficiency. Based in New Delhi, India, they deliver tailored solutions that drive innovation and operational improvements across various sectors.
- Headquarters Delhi, India
- SectorsTechnology
- Email••••••••
- Website opalmet.com
- Legal Name Opal Metal Engineering Private Limited
- Date of Incorporation 12 Oct, 1988
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹3.48 Cr
FY 2024 · +148% YoY
- Net Profit₹66.5 Lakh
FY 2024 · 19% margin
- EBITDA₹96.2 Lakh
FY 2024 · 28% margin
Associated legal entities of Opalmet
Opalmet is associated with 2 registered companies on The Company Check; the primary company is Opal Metal Engineering Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Opal Metal Engineering Private Limited CIN U74899DL1988PTC033525 | Active | 12 Oct 1988 | New Delhi, Delhi | ₹3.5 Cr | 2 | View details | |
| Opal Technical Analytics Llp CIN ABA-9120 | Active | 25 Apr 2022 | New Delhi, Delhi | 2 | View details |
Products & Services of Opalmet
Opalmet offers a comprehensive portfolio of products and services, including Robotics Solutions, Mechanical Solutions, Software Development, and Data-Driven Innovation.
Designs advanced robotic systems to optimize processes and enhance safety
Develops innovative mechanical systems for improved performance and durability
Creates scalable software for web, mobile, and cloud platforms
Analyzes data to provide insights and support informed business decisions
Board of directors of Opal Metal Engineering Private Limited (Opalmet)
Opal Metal Engineering Private Limited is the primary company behind Opalmet. The boards of the 2 registered companies of Opalmet currently have 3 directors; the longest-serving is Urmil Angrish, appointed in 2012. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Urmil Angrish DIN 03626164 | Additional Director | 12 Oct 2012 | 14 yrs | Opal Metal Engineering Private Limited |
| Abhay Nath Jha DIN 10000452 | Designated Partner | 25 Apr 2022 | 4 yrs 6 mo | Opal Technical Analytics Llp |
| Shankar Angrish DIN 01263375 | Designated Partner | 25 Apr 2022 | 4 yrs 6 mo | Opal Technical Analytics Llp, Opal Metal Engineering Private Limited |
Financials of Opalmet
Figures of Opal Metal Engineering Private Limited, the primary company behind Opalmet, for FY 2024. Revenue was ₹3.48 Cr (+148% year on year). Net profit was ₹66.5 Lakh (19% margin). EBITDA was ₹96.2 Lakh (28% margin). Revenue has grown at a compounded annual rate of +58% over three years and -30% over five years.
- ₹3.48 CrRevenue · FY 2024 · +148% YoY
- ₹66.5 LakhNet profit · 19% margin
- ₹96.2 LakhEBITDA · 28% margin
- ₹9.8 LakhPaid-up capital
- +58%Revenue CAGR, 3 years
- -30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Opal Metal Engineering Private Limited are on its company page.
Detailed financial statements for Opalmet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Opalmet
Opalmet has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Opalmet
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Frequently Asked Questions about Opalmet
Opalmet is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Opalmet, Opal Metal Engineering Private Limited, reported revenue of ₹3.48 Cr for FY 2024, up 148% year on year.
Opalmet develops advanced automation and intelligent systems, specializing in robotics, mechanical engineering, software development, and data analytics to optimize processes for global clients. They use a stage-gated product development process to address industry challenges and enhance efficiency. Based in New Delhi, India, they deliver tailored solutions that drive innovation and operational improvements across various sectors.
Opalmet's top competitors include Happiest Minds and Datamatics.
Opalmet offers Robotics Solutions, Mechanical Solutions, Software Development, and Data-Driven Innovation.
Opalmet is associated with 2 legal entities: Opal Metal Engineering Private Limited, Opal Technical Analytics Llp.
The legal entities of Opalmet currently have 3 directors, including Abhay Nath Jha, Shankar Angrish, Urmil Angrish.