- #172 Salil Singhal ₹21,500 Cr

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.
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.
| CIN | Status |
|---|---|
| U74899RJ1987PLC029106 | Current |
| U74899DL1987PLC106218 | Previous |
Recognitions & Rankings of Secure Meters
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – Class Pratap Nagar Industrial Area, Udaipur, Rajasthan, India – 313001
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Associated Brands with Secure Meters Limited
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 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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Secure Meters Limited
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
| 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 of Secure Meters Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| 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 9 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 4 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rahul Gautam Divan & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Secure Meters Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Secure Meters Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2025 | Others | ₹90 Cr | Open |
| 03 Jan 2025 | Others | ₹60 Cr | Open |
| 28 Jun 2024 | Others | ₹300 Cr | Open |
| 28 Mar 2024 | State Bank of India | ₹150 Cr | Open |
| 27 Jul 2022 | Others | ₹396 Cr | Open |
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.
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 |
Full deal history
All 15 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Secure Meters Limited
Secure Meters Limited has 107 court cases on record: 51 filed by Secure Meters, 47 filed against it, 9 where it is another party. 33 cases are pending and 74 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 43 | 26 |
| District courts | 21 | 4 | 2 |
| NCLAT | 5 | 0 | 4 |
| NCLT | 2 | 0 | 1 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Signet Products Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against Signet Products Private Limited | Pending |
| NCLT, Guwahati | Insolvency matter | Filed by the company against Meghalaya Energy Corporation Limited | Pending |
| NCLT, Guwahati | Insolvency matter | Filed by the company against Meghalaya Energy Corporation Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Signet Products Private Limited | Disposed |
Full case history
All 107 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Ram Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Silkee Electronics Private Limited | •••• | •••• | •••• |
| Protectron Electromech Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Secure Circuits Limited | U26104RJ2024PLC092363 | Locked |
| Secure Membrane Technologies Private Limited | U41000RJ2021PTC074411 | Locked |
| Secure Energy Services Limited | U74140RJ2007PLC045746 | Locked |
| Secure Metering & Services (Bhilwara) Private Limited | U74999RJ2017PTC059309 | Locked |
| Secure Metering And Services (Banswara) Private Limited | U74999RJ2020PTC071813 | Locked |
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.
123 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Secure Meters Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Secure Meters Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
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.
| 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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Secure Meters Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Secure Meters Limited
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:
- 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
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.