Secure Meters Limited - energy and power in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN U74899RJ1987PLC029106 Incorporated 22 April 1987 ROC Jaipur HQ Udaipur, Rajasthan, India
Active Public Limited Company energy and power
Data last updated
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 107 cases involving the company, including 51 filed by the company and 47 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. Its 5 peer companies in the Machinery and Equipment industry (Testing Equipment) are compared by revenue, 5 smaller; the largest is HPL Electric & Power Limited with revenue of ₹1,705.12 Cr. 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 of Secure Meters Limited
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 of Secure Meters Limited

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.

CINStatus
U74899RJ1987PLC029106Current
U74899DL1987PLC106218Previous

Recognitions & Rankings of Secure Meters

India's Richest People 2026 edition · 1 director · Source: Hurun India
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    E – Class Pratap Nagar Industrial Area, Udaipur, Rajasthan, India – 313001
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Secure Meters Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Secure Meters Limited

Secure Meters operates one associated brand: Secure Meters. Each brand links to its own profile.

BrandDescriptionWebsite
Smart metering products for electricity and gas sectors are provided.securemeters.com

Business Activity of Secure Meters Limited

The main business activity of Secure Meters is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Secure Meters Limited FY 2025 filings available

Secure 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) of Secure Meters Limited

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 of Secure Meters Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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 of Secure Meters Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin26.6%••••••••••••••••
Net Profit Margin14.6%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Secure Meters are in the company report.

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Financial statements from 2015

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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
NameDesignationAppointment DateTenureStatus
Arvind SinghalDirector21 Sep 199927 Years 1 MonthsCurrent
Nandita SinghalDirector18 Feb 201511 Years 8 MonthsCurrent
Salil SinghalDirector29 Dec 199431 Years 9 MonthsCurrent
Suket SinghalManaging Director16 Mar 20188 Years 7 MonthsCurrent
Anup Kumar PrasadDirector16 Jan 20215 Years 9 MonthsCurrent
Hemender PandwalCompany Secretary31 May 199927 Years 4 MonthsCurrent
Showing 6 of 10 current directors and KMP. View all directors and KMP

Peer Comparison of Secure Meters Limited

Secure Meters Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Secure Meters Limited this company₹2,189.36 Cr (FY 2025)••••••••14.0%••••Udaipur, Rajasthan, India
HPL Electric & Power Limited Listed₹1,705.12 Cr (FY 2025)••••••••16.0%••••New Delhi, Delhi, India
Endress + Hauser (India) Private Limited₹1,335.43 Cr (FY 2025)••••••••6.0%••••Mumbai, Maharashtra, India
Kalyani Strategic Systems Limited₹1,271.99 Cr (FY 2025)••••••••6.0%••••Pune, Maharashtra, India
Linkwell Telesystems Private Limited₹986.04 Cr (FY 2025)••••••••8.0%••••Hyderabad, Telangana, India
Kimbal Private Limited₹963.87 Cr (FY 2025)••••••••335.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Secure Meters by revenue in the Machinery and Equipment industry (Testing Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Secure Meters Limited

Secure Meters Limited is audited by Rahul Gautam Divan & Associates for the financial year 2024.

NameStatusAppointment DateCessation Date
Rahul Gautam Divan & AssociatesLockedLockedLocked
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Ownership and Shareholding of Secure Meters Limited

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Charges & Borrowings of Secure Meters Limited

Open charges
₹1,943.8 Cr
Satisfied charges
₹1,139.26 Cr
Breakdown by lending institutions
Others₹1,793.80 Cr
State Bank of India₹150.00 Cr
Latest charge details
DateLenderAmountStatus
03 Jan 2025Others₹90 CrOpen
03 Jan 2025Others₹60 CrOpen
28 Jun 2024Others₹300 CrOpen
28 Mar 2024State Bank of India₹150 CrOpen
27 Jul 2022Others₹396 CrOpen

Total charge records: 44 View all charges

Deals & Funding of Secure Meters Limited

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)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedSeller: Mecron 1 Inc, Firblog Holding Limited, Salil Arvind & Sanjaya Family Trust
Mar 2022Secondary share transferUndisclosedBuyer: Suket & Vasumana Trust, Sanjaya & Nadita Trust
Seller: 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: Sangam Trust, 3 individuals
Seller: Sanjaya Singhal & Hycron India, Nandita Singhal & Hycron India
Mar 2017Secondary share transferUndisclosedBuyer: Sangam Trust, an individual
Seller: 4 individuals
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: Sanjay Singhal Huf
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Secure Meters Limited

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)

SupplierAmount dueDue sinceReported on
Shree Ram Enterprises••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
Silkee Electronics Private Limited••••••••••••
Protectron Electromech Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Secure Meters Limited

Secure Meters Limited has a workforce of 3,475 employees as of Nov 24, 2025.

Employee count
3,475
Active EPFO establishments
3
Employee growth
16.14%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Secure Meters Limited

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 NameCINShares Held
Secure Circuits LimitedU26104RJ2024PLC092363Locked
Secure Membrane Technologies Private LimitedU41000RJ2021PTC074411Locked
Secure Energy Services LimitedU74140RJ2007PLC045746Locked
Secure Metering & Services (Bhilwara) Private LimitedU74999RJ2017PTC059309Locked
Secure Metering And Services (Banswara) Private LimitedU74999RJ2020PTC071813Locked

Showing major subsidiaries. Total: 5.

Recent Activity on Secure Meters Limited

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Secure Meters Limited

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Subsidiaries & Group Companies of Secure Meters Limited

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GST Compliance of Secure Meters Limited

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
GSTINStateStatusRegistered on
08AACCS8785M1ZHRajasthanActive01 Jul 2017
08AACCS8785M2ZGRajasthanActive27 Jul 2017
02AACCS8785M1ZTHimachal PradeshActive01 Jul 2017
06AACCS8785M1ZLHaryanaActive01 Jul 2017
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MCA Filings & Documents of Secure Meters Limited

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Frequently Asked Questions about Secure Meters Limited

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 reported revenue of ₹2,189.36 Cr for FY 2025 (up 14% YoY).

Secure Meters has 10 current directors and KMP:

Secure Meters reported a net profit of ₹319.03 Cr (net margin 14.6%) and EBITDA of ₹581.56 Cr (EBITDA margin 26.6%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Secure Meters is 20% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.

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 107 court cases on record: 51 filed by the company and 47 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.

The peers of Secure Meters by revenue are HPL Electric & Power Limited, Endress + Hauser (India) Private Limited, Kalyani Strategic Systems Limited, Linkwell Telesystems Private Limited, Kimbal Private Limited, all in the Machinery and Equipment industry (Testing Equipment).

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.

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