Andhra Pradesh Power Finance Corporation Limited

Provides financial support for power sector reforms in Andhra Pradesh through debt and equity funding.

2000 | Gunadala Vijayawada, Andhra Pradesh (India) | Active
Last Updated: July 16, 2024

Andhra Pradesh Power Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3,000.00 Cr
  • Paid Up Capital ₹ 350.92 Cr
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10,750.00 Cr
  • Revenue Growth -0.09%
  • Profit Growth 35.43%
  • Ebitda 2.28%
  • Net Worth 36.32%
  • Total Assets -23.14%

About Andhra Pradesh Power Finance Corporation

Andhra Pradesh Power Finance Corporation Limited (APPFCL) is a leading Public Limited State Government Company incorporated in India on 12 July 2000 and has a history of 24 years and seven months. Its registered office is in Gunadala Vijayawada, Andhra Pradesh, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3,000.00 Cr and a paid-up capital of Rs 350.92 Cr.

The company currently has active open charges totaling ₹10,750.00 Cr.

The Key Managerial Personnel (KMP) at Andhra Pradesh Power Finance Corporation Limited India are Pavan Korepalli as COMPANY SECRETARY and Ramana as Cfo. Kaveti Vijayanand, Shamsher Rawat, Veera Kadiyam, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gunadala Vijayawada, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    appfcl.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109AP2000SGC107482

  • Company No.

    107482

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    12 Jul 2000

  • Date of AGM

    06 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Andhra Pradesh Power Finance Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Veera Kadiyam Country flag representing In Managing Director21-Jul-2019Current
Pavan Korepalli Company Secretary06-Mar-2024Current
Ramana CFO07-Sep-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Kaveti Vijayanand Country flag representing In Director 23-Jul-2009Current
Shamsher Rawat Country flag representing In Director 21-Jul-2019Current
Venkata Kandregula Country flag representing In Director 28-Jun-2023Current
Vee Babu Country flag representing In Director 12-Nov-2020Current

Financial Performance of Andhra Pradesh Power Finance Corporation.

Andhra Pradesh Power Finance Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.09% decrease. The company also saw a substantial improvement in profitability, with a 35.43% increase in profit. The company's net worth Soared by an impressive increase of 36.32%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.09%
Revenue from Operations
-0.08%
Total Assets
-23.14%
Profit or Loss
35.43%
Net Worth
36.32%
EBITDA
2.28%

What is the Ownership and Shareholding Structure of Andhra Pradesh Power Finance Corporation?

In 2023, Andhra Pradesh Power Finance Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,750.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3500.00 Cr
  • Bank Of India : 3000.00 Cr
  • State Bank Of India : 2250.00 Cr
  • Canara Bank : 2000.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2024State Bank Of India₹750.00 CrOpen
23 Aug 2021Others₹500.00 CrOpen
11 Dec 2020Others₹1,500.00 CrOpen
30 Sep 2020Bank Of India₹1,000.00 CrOpen
07 Apr 2020Bank Of India₹2,000.00 CrOpen

How Many Employees Work at Andhra Pradesh Power Finance Corporation?

Unlock and access historical data on people associated with Andhra Pradesh Power Finance Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andhra Pradesh Power Finance Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Andhra Pradesh Power Finance Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Andhra Pradesh Power Finance Corporation

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 750.00 Cr with Charge ID 100887512 was registered on 16 Mar 2024.

    16 Mar 2024

  • Director Appointment

    Pavan Kumar Korepalli was appointed as a Company Secretary was appointed as a Company Secretary on 06 Mar 2024 & has been associated with this company since 11 months 16 days .

    06 Mar 2024

  • Annual General Meeting

    Andhra Pradesh Power Finance Corporation Limited last Annual general meeting of members was held on 06 Dec 2023 as per latest MCA records.

    06 Dec 2023

  • Director Appointment

    Venkata Naresh Chakradhara Babu Kandregula was appointed as a Director was appointed as a Director on 28 Jun 2023 & has been associated with this company since 1 year 7 months .

    28 Jun 2023

  • Balance Sheet

    Andhra Pradesh Power Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 1,500.00 Cr registered on 11 Dec 2020 with Charge ID 100396336 was modified on 13 Oct 2021.

    13 Oct 2021

Frequently asked questions

  • Andhra Pradesh Power Finance Corporation Limited was incorporated on 12 Jul 2000.

  • The authorized share capital of Andhra Pradesh Power Finance Corporation Limited is ₹ 3,000.00 Cr and paid-up capital is ₹ 350.92 Cr.

  • Currently 7 directors are associated with Andhra Pradesh Power Finance Corporation Limited.

    • Kaveti Vijayanand
    • Shamsher Singh Rawat
    • Veera Venkata Satyanarayana Kadiyam
    • Venkata Naresh Chakradhara Babu Kandregula
    • Vee Narayanan Babu
    • Pavan Kumar Korepalli
    • Ramana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Pradesh Power Finance Corporation Limited is Andhra Pradesh Power Finance Corporation Limited # 48-12-16 2Nd Floor East Wing Vidyut, Soudha, Gunadala Vijayawada, India, 520004.

  • The corporate identification number (CIN) of Andhra Pradesh Power Finance Corporation Limited is U40109AP2000SGC107482 and the company number is 107482 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Andhra Pradesh Power Finance Corporation Limited is https://www.appfcl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Pradesh Power Finance Corporation Limited has fallen by -0.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Pradesh Power Finance Corporation Limited has experienced an upsurge of 36.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Andhra Pradesh Power Finance Corporation Limited amount to ₹ 10,750.00 Cr.

  • The most recent Balance Sheet for Andhra Pradesh Power Finance Corporation Limited was filed with the ROC on 31 Mar 2023.

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