What we do Advance Metering Technology Limited specializes in energy sector solutions, including manufacturing energy meters, providing technical services, and generating wind and solar power. |
Founded in 2,011 |
Market share Niche player in smart meters and renewable energy generation segments with growing market presence. |
Problem solved Provides accurate energy measurement and sustainable power generation to support energy management and conservation. |
Top clients or who we serve Serves energy utilities, industrial sectors, and renewable energy markets; B2B focused. |
Key management Pranav Kumar Ranade (Chairman & Executive Director), Prashant Ranade (Managing Director) |
Our journey and innovations Incorporated in 2011; absorbed Eon Electric's Metering and Power Generation businesses in 2012; launched solar plants in 2015; expanded smart meter production capabilities. |
Where we operate India with subsidiaries in Singapore, Germany, and Canada. |
Top products or what we offer Energy meters, technical energy services, wind and solar power generation solutions. |
Top brands - |
Raw materials needed Electrical components and materials for energy meters and renewable energy equipment. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is a mix of project-based cyclical and recurring technical service income. |
Our industry position Emerging in smart meter technology and renewable energy with steady growth potential. |
Financial highlights FY 2024-25 revenue at Rs 15.53 crore with a net loss of Rs 9.3 crore due to expansion costs and market challenges. |
Geographical revenue split - |
Order book - |
Whats driving growth Rising smart meter demand and renewable energy adoption drive capacity expansion and market reach. |
Our future plans Enhance smart meter production capacity and broaden market penetration in energy management solutions. |
Our green promise Engaged in renewable power generation via wind and solar to promote sustainable energy. |
Our people and values Committed leadership team with focus on integrity, innovation, and compliance. |
Key challenges ahead Overcoming financial losses and competitive pressures in smart meter and renewable sectors. |
Interesting facts Backed by PKR Group's 60-year electrical industry legacy and successful integration of legacy businesses. |
Risks and strategy Financial restructuring and product diversification to offset market and operational risks. |
