About ORMAT
ORMAT is a Technology company based in Bengaluru (India) founded in 2013. ORMAT is engaged in developing IoT solutions and products. It operates on a Product-as-a-Service and Professional Services model. Its Indian entity Ormat Technologies Private Limited reported revenue of ₹95.1 Lakh. ORMAT offers products and services including 1-Wire RFID Readers, Fuel Monitoring & Vehicle Tracking Solution, RMC Vehicle Monitoring Solution, and Cold Cargo Monitoring Solution. Its focus areas include Internet of Things and IoT Solutions.
Company details
ORMAT is involved in the development of Internet of Things (IoT) technologies, focusing on machine learning and business intelligence. Solutions are provided for fuel monitoring, vehicle tracking, and cold cargo monitoring, primarily targeting industries such as transportation, mining, and construction. Innovative products like 1-Wire RFID Readers are created to enhance operational efficiency. Consulting services in IoT, cloud computing, and data analytics are also offered to integrate reliable technologies for various verticals.
- Headquarters Bengaluru, India
- SectorsTechnology
- Phone•••• ••••
- Website ormat.in
- Social X Facebook
- Legal Name Ormat Technologies Pvt. Ltd.
- Date of Incorporation 17 Sep, 2013
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹95.1 Lakh
FY 2025 · -7% YoY
- Net Profit₹2 Lakh
FY 2025 · 2% margin
- EBITDA₹2.6 Lakh
FY 2025 · 3% margin
Associated legal entities of ORMAT
ORMAT operates through Ormat Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ormat Technologies Private Limited CIN U72200KA2013PTC071041 | Active | 17 Sep 2013 | Bengaluru, Karnataka | ₹1.0 Cr | 8 | 2 | View details |
Products & Services of ORMAT
ORMAT offers a comprehensive portfolio of products and services, including 1-Wire RFID Readers, Fuel Monitoring & Vehicle Tracking Solution, RMC Vehicle Monitoring Solution, and Cold Cargo Monitoring Solution.
Devices for reading RFID tags in IoT applications.
System for tracking fuel usage and vehicle location.
Monitoring system for ready-mix concrete vehicle operations.
Solution for monitoring temperature-sensitive cargo during transport.
Board of directors of Ormat Technologies Private Limited (ORMAT)
Ormat Technologies Private Limited is the primary company behind ORMAT. The board of Ormat Technologies Private Limited currently have 2 directors; the longest-serving is Sunitha, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunitha DIN 06672931 | Director | 17 Sep 2013 | 13 yrs 1 mo | Ormat Technologies Private Limited |
| Raghavendra Deshpande DIN 06672922 | Director | 17 Sep 2013 | 13 yrs 1 mo | Ormat Technologies Private Limited |
Financials of ORMAT
Figures of Ormat Technologies Private Limited, the primary company behind ORMAT, for FY 2025. Revenue was ₹95.1 Lakh (-7% year on year). Net profit was ₹2 Lakh (2% margin). EBITDA was ₹2.6 Lakh (3% margin). Revenue has grown at a compounded annual rate of +1% over three years and -2% over five years.
- ₹95.1 LakhRevenue · FY 2025 · -7% YoY
- ₹2 LakhNet profit · 2% margin
- ₹2.6 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- 8Employees (provident fund records)
- +1%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ormat Technologies Private Limited are on its company page.
Detailed financial statements for ORMAT
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Top companies in Consumer Internet & IoT
3 companies that operate in the same segment as ORMAT (Consumer Internet & IoT) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment in technology sectors focusing on semiconductors, AI, and IoT. | 2015 | Delhi, Delhi, India | USD 115 M | 101 | ||
Technology solutions provider focusing on electronics, mobiles, and smart devices in India. | 2009 | Hyderabad, Telangana, India | USD 73.47 M | 61 | ||
Provides IoT solutions for smart lighting, asset management, and telecom software services. | 2012 | Chennai, Tamil Nadu, India | USD 1.13 M | 58 |
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Related news about Ormat
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Frequently Asked Questions about ORMAT
ORMAT was founded in 2013.
ORMAT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind ORMAT, Ormat Technologies Private Limited, reported revenue of ₹95.1 Lakh for FY 2025, down 7% year on year.
ORMAT is involved in the development of Internet of Things (IoT) technologies, focusing on machine learning and business intelligence. Solutions are provided for fuel monitoring, vehicle tracking, and cold cargo monitoring, primarily targeting industries such as transportation, mining, and construction. Innovative products like 1-Wire RFID Readers are created to enhance operational efficiency. Consulting services in IoT, cloud computing, and data analytics are also offered to integrate reliable technologies for various verticals.
ORMAT offers 1-Wire RFID Readers, Fuel Monitoring & Vehicle Tracking Solution, RMC Vehicle Monitoring Solution, and Cold Cargo Monitoring Solution.
ORMAT operates through Ormat Technologies Private Limited.
The legal entities of ORMAT currently have 2 directors, including Sunitha, Raghavendra Deshpande.