What we do Eppeltone Engineers Ltd is a leading Indian manufacturer of electronic energy meters, power conditioning devices including SMPS, AVR, UPS, MCBs, and smart meters. |
Founded in 1,977 |
Market share A prominent player in Indian metering industry with diversified product portfolio and increasing market presence after SME platform listing in 2025. |
Problem solved Provides reliable energy measurement and power management solutions for industries, utilities, and institutions to enhance energy efficiency and monitoring. |
Top clients or who we serve Serves electricity distribution utilities, industries, institutions and consumers across India; primarily B2B and B2G. |
Key management N/A |
Our journey and innovations Established 1977; expanded product range from static to smart energy and water meters; IPO in 2025 raised ₹44 Cr; continuous tech upgrades including SMT lines. |
Where we operate Primarily India with manufacturing in New Delhi and sales nationwide. |
Top products or what we offer Offers Static & Smart Electricity Meters, Water Meters, SMPS, UPS systems, AVRs, and MCBs with advanced technology integration. |
Top brands Eppeltone Energy Meters, Smart Metering Solutions, Water Meter products – leading in quality and technology for smart utilities. |
Raw materials needed Electronic components for SMPS, meters, semiconductors, plastic enclosures, and power electronics parts. |
Raw materials supplier Various domestic and international suppliers for electronic components and raw materials. |
Recurring vs cyclical contribution Revenue primarily from recurring orders in metering and power products, supported by cyclical infrastructure projects. |
Our industry position Growing market share in India’s electronic metering segment with expanding smart meter offerings post-IPO. |
Financial highlights FY 24-25 revenue ₹125.74 Cr; Net profit ₹10.96 Cr; EBITDA around ₹16.67 Cr; strong year-on-year growth from ₹80 Cr revenue prior year. |
Geographical revenue split Revenue primarily from Indian market; no reported exports. |
Order book - |
Whats driving growth Increasing demand for smart meters, digital power management, infrastructure modernization, and government energy efficiency initiatives. |
Our future plans Focus on ramping up smart meter production, expanding market reach, and enhancing technology with planned capex investments. |
Our green promise Initiatives to conserve energy in manufacturing and promote smart metering for environmental sustainability. |
Our people and values 164 employees with focus on gender diversity, employee development, and ethical corporate governance. |
Key challenges ahead Competition in smart meters, technology adoption pace, supply chain dependencies, and regulatory changes. |
Interesting facts Eppeltone's IPO was oversubscribed 272 times on NSE SME platform in 2025, reflecting strong investor confidence. |
Risks and strategy Technology obsolescence and market competition risk mitigated by continuous R&D and diversified product range. |
