SCOPE T&M Pvt. Ltd. Company Profile

Background

SCOPE T&M Pvt. Ltd., commonly known as SCOPE, was established on January 13, 1988, with the mission to design and develop test and measurement products capable of operating in high electromagnetic induction environments, particularly within Extra High Voltage (EHV) and Ultra High Voltage (UHV) substations. The company's vision emphasizes ultimate customer satisfaction through continuous learning and improvement, ensuring employee satisfaction, and upholding integrity, fairness, wisdom, and social responsibility.

Key Strategic Focus

SCOPE specializes in manufacturing industrial testing and measurement devices tailored for the power industry. Their product portfolio includes:

Circuit Breaker Analyzers: Tools for assessing the performance of circuit breakers.

Contact Resistance Micro-ohm Meters: Instruments measuring low resistance values in electrical contacts.

Universal Time Interval Meters: Devices for precise time interval measurements.

Current and Potential Transformer Testing Kits: Equipment for evaluating transformer performance.

The company targets markets requiring robust testing solutions for electrical energy systems, focusing on enhancing efficiency and reliability in power infrastructure.

Financials and Funding

As of the fiscal year ending March 31, 2023, SCOPE reported:

Total Revenue: ₹75-100 crore, marking a 6.18% increase from the previous year.

EBITDA: A decrease of 23.35%.

Net Profit: A decline of 54.81%.

Net Worth: An increase of 2.64%.

The company's authorized share capital stands at ₹5.00 crore, with a paid-up capital of ₹2.99 crore.

Technological Platform and Innovation

SCOPE has developed proprietary technologies and methodologies, including:

Grid Analytics Platform (GAP): An AI and machine learning-based platform providing real-time insights into power grid performance, aiding in load flow studies, SAIDI-SAIFI calculations, power theft detection, and asset condition monitoring.

IoT Solutions: Through its subsidiary OrxaGrid, SCOPE offers IoT sensors like STEM and SEED for monitoring transformers and distribution feeders, enhancing energy efficiency and asset health.

Leadership Team

Mr. Sanjay C. Kulkarni: Chairman and co-founder, with over 35 years of experience in sales and marketing within the power sector.

Mrs. Swati Kulkarni: Director, with over 20 years of experience in corporate insurance, overseeing employee training and international dealer networks.

Mr. Akshat Kulkarni: Director, co-founder of OrxaGrid, focusing on energy optimization products and IoT solutions.

Mr. Yash Kulkarni: Director, co-founder and CTO of OrxaGrid, specializing in IoT sensors and analytics platforms for energy networks.

Competitor Profile

Market Insights and Dynamics: The industrial testing and measurement equipment market is characterized by steady growth, driven by increasing demand for reliable power infrastructure and maintenance solutions.

Competitor Analysis:

Vanguard Instruments: Specializes in diagnostic test equipment for the electric power industry.

Prestige Electronics: Manufactures meters, transformers, and electronic test instruments.

Strategic Collaborations and Partnerships

SCOPE has partnered with Vizimax Inc., Canada, introducing Point on Wave Controllers and Remote Terminal Units to the Indian market.

Operational Insights

SCOPE's commitment to "Make in India" has led to the development of products tailored for the Indian power sector, providing cost-effective and efficient solutions. Their focus on R&D and customer-centric approaches has solidified their market position.

Strategic Opportunities and Future Directions

SCOPE aims to expand its offerings in IoT and AI-driven solutions, enhancing grid analytics and energy optimization. Participation in international exhibitions like CIGRE 2024 underscores their commitment to global outreach and innovation.