India's Richest People 2026 edition · 1 director · Source: Hurun India
- #172 Salil Singhal ₹21,500 Cr
Revenue · FY 2025
₹2,189.36 Cr
▲ 14% YoY
Net profit · FY 2025
₹319.03 Cr
Net margin 14.6%
EBITDA · FY 2025
₹581.56 Cr
EBITDA margin 26.6%
Authorised capital
₹125 Cr
Registered with MCA
Paid-up capital
₹101.63 Cr
Issued & subscribed
Open charges
₹1,943.8 Cr
Satisfied ₹1,139.26 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
3,475
Provident fund records
About Secure Meters Limited
Data last updated:
Secure Meters Limited is a public limited company based in Udaipur, Rajasthan, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 April 1987 and has been in existence for over 39 years.
Its director Salil Singhal is #172 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74899RJ1987PLC029106. Its GSTIN is 08AACCS8785M1ZH (Rajasthan). The company holds 23 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹101.63 Cr. It is led by directors including Suket Singhal (Managing Director) and Ananya Singhal (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – Class Pratap Nagar Industrial Area, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,189.36 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹319.03 Cr (net margin 14.6%) and EBITDA of ₹581.56 Cr (EBITDA margin 26.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
The company has about 3,475 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Secure Meters. As per MCA filings, the company has open charges of ₹1,943.8 Cr and satisfied charges of ₹1,139.26 Cr on record. Court records list 115 cases involving the company, including 55 filed by the company and 60 filed against it; 33 cases are pending. The company has 15 deals on record (10 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹81.75 Cr; the latest was in March 2022. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 519 overdue payments to 52 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website securemeters.com.
Company details
CIN U74899RJ1987PLC029106
Registration Number 029106
Incorporation Date 22 April 1987
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Secure Meters has one previous CIN (Corporate Identification Number): U74899DL1987PLC106218. The current CIN is U74899RJ1987PLC029106, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899RJ1987PLC029106 | Current |
| U74899DL1987PLC106218 | Previous |
Recognitions & Rankings of Secure Meters
Contact details
Secure Meters Limited's registered office is in Udaipur, Rajasthan. Its website is securemeters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – Class Pratap Nagar Industrial Area, Udaipur, Rajasthan, India – 313001
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Secure Meters Limited, buy the company report.
Comprehensive company report
Secure Meters Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Secure Meters operates one associated brand: Secure Meters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smart metering products for electricity and gas sectors are provided. | securemeters.com |
Business activity
The main business activity of Secure Meters is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Secure Meters Limited, buy the company report.
Financials of Secure Meters Limited
FY 2025 filings availableSecure Meters Limited reported revenue of ₹2,189.36 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹2,189.36 Cr ▲ 14%
Net profit · FY 2025
₹319.03 Cr margin 14.6%
EBITDA · FY 2025
₹581.56 Cr margin 26.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 20%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 50%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 14% growth in the latest year. EBITDA rose 89% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2,189.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹581.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹319.03 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.6% | ||||
| Net Profit Margin | 14.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Secure Meters Limited, buy the company report.
Board of directors and KMP of Secure Meters Limited
Secure Meters Limited currently reports 8 directors and 2 key managerial personnel. 8 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Singhal | Director | 21 Sep 1999 | 27 Years 1 Months | Current |
| Nandita Singhal Also directs: Sangam Business Services LLP, Secure Circuits Limited, Dharohar Leisure and Parks Private Limited and 1 more | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Salil Singhal Also directs: Hisense Commerce LLP, Indraprastha Medical Corporation Limited, Wolkem India Limited and 1 more | Director | 29 Dec 1994 | 31 Years 10 Months | Current |
| Suket Singhal | Managing Director | 16 Mar 2018 | 8 Years 7 Months | Current |
| Anup Kumar Prasad | Director | 16 Jan 2021 | 5 Years 9 Months | Current |
| Hemender Pandwal Also directs: Wolkem India Limited, Secure Circuits Limited, Secure Energy Services Limited and 1 more | Company Secretary | 31 May 1999 | 27 Years 5 Months | Current |
Showing 6 of 10 current directors and KMP. View all directors and KMP
Auditor
Secure Meters Limited is audited by Rahul Gautam Divan & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rahul Gautam Divan & Associates | FY 2024 | 0120294W |
Shareholding
The shareholding of Secure Meters Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Secure Meters Limited, buy the company report.
Charges & borrowings
Open charges
₹1,943.8 Cr
Satisfied charges
₹1,139.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2025 | 101040087 | Others | ₹90 Cr | Open | |
| 03 Jan 2025 | 101040091 | Others | ₹60 Cr | Open | |
| 28 Jun 2024 | 100963771 | Others | ₹300 Cr | Open | |
| 28 Mar 2024 | 100889254 | State Bank of India | ₹150 Cr | Open | |
| 27 Jul 2022 | 100607434 | Others | ₹396 Cr | Open |
To see the full charge records of Secure Meters Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
Secure Meters Limited has 15 deals on record (10 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹81.75 Cr; the latest was in March 2022.
Total deals
15
Secondary share transfers
10
Funding rounds
3
Rights issues
2
Disclosed funding
₹81.75 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Mecron 1 Inc, Firblog Holding Limited, Salil Arvind & Sanjaya Family Trust |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Suket & Vasumana Trust, Sanjaya & Nadita Trust Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Sangam Trust, 3 individuals Seller: Sanjaya Singhal & Hycron India, Nandita Singhal & Hycron India |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Sangam Trust, an individual Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sanjay Singhal Huf |
To see the full deal history of Secure Meters Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Secure Meters Limited has 115 court cases on record: 55 filed by Secure Meters, 60 filed against it. 33 cases are pending and 82 are disposed.
Total cases
115
Filed by the company
55
Filed against the company
60
Pending
33
Disposed
82
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 51 | 26 |
| District courts | 22 | 5 | 2 |
| NCLAT | 5 | 0 | 4 |
| Supreme Court | 5 | 4 | 0 |
| NCLT | 4 | 0 | 1 |
Cases on record (5 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed against the company by Principal Commissioner of Customs New Delhi (Acc Import) | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Signet Products Private Limited | Pending |
| NCLT, NCLT Guwahati | Insolvency matter | Filed by the company against Meghalaya Energy Corporation Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Signet Products Private Limited | Pending |
| NCLT, NCLT Guwahati | Insolvency matter | Filed by the company against Meghalaya Energy Corporation Limited | Disposed |
To see the full case history of Secure Meters Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Secure Meters Limited was last rated by Care on 06 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jan 2023 |
To see the full credit ratings and regulatory alerts of Secure Meters Limited, buy the company report.
MSME payment delays
Secure Meters Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 519 overdue payments to 52 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Ram Enterprises | |||
| an individual supplier | |||
| an individual supplier | |||
| Silkee Electronics Private Limited | |||
| Protectron Electromech Private Limited |
To see the full MSME payment records of Secure Meters Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Secure Meters has 5 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
5
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Secure Circuits Limited | U26104RJ2024PLC092363 | |
| Secure Membrane Technologies Private Limited | U41000RJ2021PTC074411 | |
| Secure Energy Services Limited | U74140RJ2007PLC045746 | |
| Secure Metering & Services (Bhilwara) Private Limited | U74999RJ2017PTC059309 | |
| Secure Metering and Services (Banswara) Private Limited | U74999RJ2020PTC071813 |
To see the full group structure of Secure Meters Limited, buy the company report.
Employees & EPFO
Secure Meters Limited has a workforce of 3,475 employees on its EPFO records as of Nov 24, 2025, across 3 active EPFO establishments.
Employee count
3,475
Active EPFO establishments
3
Employee growth
16.14%
GST
Secure Meters has 23 GST registrations: 18 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
18
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCS8785M1ZH | Rajasthan | Active | 01 Jul 2017 |
| 08AACCS8785M2ZG | Rajasthan | Active | 27 Jul 2017 |
| 02AACCS8785M1ZT | Himachal Pradesh | Active | 01 Jul 2017 |
| 06AACCS8785M1ZL | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Secure Meters Limited, buy the company report.
Recent activity
Secure Meters Limited has 26 board changes on record since 1987: 18 appointments and 8 cessations. The latest: Abhimanyu Partha Bhattacharya was appointed as Additional Director on 18 Apr 2026.
Charges
A charge registered on 14 Sep 2022 via Charge ID 100646417 with Hdfc Bank Limited was fully satisfied on 05 May 2026.
Appointed
Abhimanyu Partha Bhattacharya was appointed as Additional Director.
Charges
A charge with Others of Rs. 396.00 Cr registered on 27 Jul 2022 with Charge ID 100607434 was modified on 27 Mar 2026.
AGM
Secure Meters Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Bhagwat Singh Babel ceased to be Director.
Ceased
Janat Shah ceased to be Director Appointed In Casual Vacancy.
Ceased
Shailendra Kumar Agarwal ceased to be Director.
Filing
Secure Meters Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 90.00 Cr with Charge ID 101040087 was registered on 03 Jan 2025.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101040091 was registered on 03 Jan 2025.
Charges
A charge registered on 29 Mar 2023 via Charge ID 100719781 with Axis Bank Limited was fully satisfied on 05 Dec 2024.
Charges
A charge with Others of Rs. 300.00 Cr registered on 28 Jun 2024 with Charge ID 100963771 was modified on 19 Sep 2024.
123 earlier events are in the company report.
News
Frequently asked questions
Secure Meters is an active public limited company based in Udaipur, Rajasthan, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 April 1987 (39+ years old) and is registered under CIN U74899RJ1987PLC029106.
Secure Meters has 10 current directors and KMP:
- Suket Singhal - Managing Director
- Ananya Singhal - Managing Director
- Arvind Singhal - Director
- Nandita Singhal - Director
- Salil Singhal - Director
- Anup Kumar Prasad - Director
- Sanjaya Singhal - Director
- Abhimanyu Partha Bhattacharya - Additional Director
- Hemender Pandwal - Company Secretary
- Amit Sharma - Cfo
The latest financial statements of Secure Meters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Secure Meters is 08AACCS8785M1ZH, registered in Rajasthan. The company has 23 GST registrations in all, of which 18 are active and 5 are cancelled or inactive. Other active GSTINs include 08AACCS8785M2ZG (Rajasthan), 02AACCS8785M1ZT (Himachal Pradesh), 06AACCS8785M1ZL (Haryana).
The CIN (Corporate Identification Number) of Secure Meters is U74899RJ1987PLC029106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Secure Meters has 115 court cases on record: 55 filed by the company and 60 filed against it. 33 are pending. Most are in the high courts.
Secure Meters was incorporated on 22 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Jaipur.
Secure Meters has 15 deals on record (10 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹81.75 Cr; the latest was in March 2022.
Abhimanyu Partha Bhattacharya was appointed as Additional Director on 18 Apr 2026. Bhagwat Singh Babel ceased to be Director on 30 Sep 2025. Janat Shah ceased to be Director Appointed In Casual Vacancy on 30 Sep 2025. Secure Meters has 26 board changes on record in total.
Secure Meters has 5 MSME Form 1 returns on record between 2019 and 2022, listing 519 overdue payments to 52 micro and small suppliers. The latest return was filed on 25 Sep 2023.
Secure Meters can be reached through the website securemeters.com. Its registered office is in Udaipur, Rajasthan, India.
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