Smart Metering Companies in India: A Complete Guide for Electricity Consumers
Published on 22 July 2026
As we close Q1 of FY 2026–27, we continue building responsible technology while strengthening our international presence through energy engineering, innovation, and industry collaboration. Thank you to our industry associates, growth partners, customers, and Kimbalites for your unwavering support and trust in us towards making accessible Efficient Energy Everywhere.
This quarter also reflected our continued focus on operational excellence, product innovation, and industry collaboration. Here’s a quick look at what we achieved between April and June 2026.
Launching Urja by Kimbal
We launched Urja by Kimbal, our new business focused on intelligent energy management. Urja combines engineering, AI, and data to help industries monitor, manage, and optimise energy consumption. The launch expands Kimbal’s capabilities beyond smart metering and supports organisations on their journey towards more efficient and sustainable energy operations.
Securing Series B Funding to Accelerate Growth
Kimbal secured $22 million in Series B funding, led by GEF Capital and Niveshaay’s Sambhav Fund.
The investment will accelerate product innovation, strengthen our technology roadmap, and support our international expansion as we continue building intelligent energy infrastructure.
Expanding Our International Presence
Our international journey reached another milestone with the inauguration of our Singapore office. The new office will help strengthen our presence across Southeast Asia and enable closer collaboration with utilities, technology partners, and customers in the region.
We also participated in Australian Energy Week 2026 in Melbourne, where we engaged with industry leaders on smart metering, grid modernisation, and edge intelligence. The event provided an opportunity to showcase India’s large-scale smart metering expertise while learning from global energy markets.
Building a Stronger Enterprise Foundation
During the quarter, Kimbal completed the transition to SAP, bringing business operations onto a unified enterprise platform.
The implementation improves process visibility, operational efficiency, and collaboration across functions while preparing the organisation for its next phase of growth.
National Recognition for Manufacturing Excellence
Our focus on continuous improvement received national recognition at the 7th CII National Technology Competition. Kimbal received:
- Gold Award for FPR Improvement
- Silver Award for SPM Automation Dashboard
These recognitions reflect our commitment to manufacturing excellence, automation, and quality-driven operations.
Creating a Workplace That Continues to Grow
Kimbal ranked #11 among India’s Great Mid-Size Workplaces 2026 and also earned recognition as one of the Best Workplaces in Electronics 2026. As our team continues to grow, we remain committed to building a culture rooted in ownership, collaboration, and trust.
CRISIL Assigns Kimbal an A-/Stable Rating
During the quarter, CRISIL assigned Kimbal an A-/Stable credit rating, this rating reflects the company’s strong financial position, disciplined operations, and sustainable growth outlook. This independent assessment reinforces Kimbal’s credibility as we continue to scale our business, invest in innovation, and strengthen long-term partnerships across the energy sector.
Sharing Industry Perspectives
Throughout the quarter, Kimbal leaders contributed to several leading industry publications, conferences, and panel discussions. Our experts shared perspectives on topics including:
- Smart metering deployment at scale
- Grid digitalisation
- AMI 2.0
- Artificial Intelligence in enterprise transformation
- Sustainable manufacturing
- Community development through CSR
These engagements reinforce our commitment to contributing to conversations that shape the future of the energy sector.
Strengthening Utility Partnerships Across India
Q1 FY27 saw continued momentum in project execution and customer expansion. Key highlights include:
- New utility partnerships with APEPDCL and APSPDCL
- Project commencement for BSES (BRPL and BYPL)
A significant milestone this quarter came with Kimbal securing its first direct government utility order, including the supply of single-phase smart meters for solar metering applications.
Our proprietary Vayu RF Mesh technology continued to power a majority of new deployments, alongside cellular connectivity.
Scaling Manufacturing with Quality and Automation
Our manufacturing operations continued to support India’s growing smart metering ecosystem. Key manufacturing initiatives included:
- Expanded MES-enabled digital manufacturing
- Enhanced automation and end-to-end traceability
- Advanced quality assurance with HV-IR testing, AOI, and LTCT screening
- Automation of the pre-dispatch inspection process
- Workforce optimisation across quality operations
- Lean Six Sigma Black Belt training in collaboration with the Indian Statistical Institute, Pune
These initiatives continue to strengthen product quality, operational efficiency, and manufacturing capability at the Kimbal Mega Plant.
Advancing Utility Operations Through Technology
We continued expanding the Drishti platform during the quarter. The platform now operates across 13 LHES and 4 EHES environments, providing utilities with real-time operational visibility, live SLA monitoring, intelligent alerts, and automated incident management. Drishti helps utilities respond faster, improve system reliability, and manage large-scale AMI deployments more effectively.
Growing Together Through Our Values
At Kimbal, growth goes beyond technology and business milestones. During the quarter, Kimbalites came together for Value Day, celebrating the principles that guide our organisation every day:
- Team of Equals
- Passionate Go-Getters
- Own It Like a Boss
These values continue to shape how we collaborate, innovate, and deliver value to our customers and partners.
Looking Ahead
The first quarter of FY27 reflects steady progress across every part of our business, from product innovation and manufacturing to technology, people, and international expansion.
As India’s energy transition accelerates, Kimbal remains committed to building intelligent, scalable, and future-ready solutions that help utilities, industries, and communities create a more connected energy ecosystem.
Read the complete Kimbal Quarterly 1 FY27 report to explore detailed milestones, project updates, technology developments, and industry engagements from April to June 2026.
