Bangalore Electricity Supply Company Limited logo

Bangalore Electricity Supply Company Limited

Distributes electricity in 8 districts of Karnataka through 4 zones and 9 circles.
2002 | Bangaluru, Karnataka (India) | Active

Last Updated:

November 15, 2024
HomeCompanyBangalore Electricity Supply Company Limited

Who are the key members and board of directors at Bangalore Electricity Supply Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Suma ParameshwarappaCompany Secretary23-Feb-2022Current
Mahantesh Bilagi InManaging Director18-Jul-2022Current

Board Members(9)

NameDesignationAppointment DateStatus
George Joseph In Director 06-Jun-2023Current
Gauravgupta In Director 11-Sep-2015Current
Pankaj Pandey In Director 15-Jun-2023Current
Parakkunnum Jaffer In Director 18-Aug-2023Current
Hanumanthappa Ramesh In Whole-Time Director 16-Feb-2023Current
Balaram Krishanappa Director 30-Jul-2024Current

Financial Performance and Corporate Structure Insights of Bangalore Electricity Supply Company.

Bangalore Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.67% increase. The company also saw a substantial improvement in profitability, with a 39.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 185.07%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.67%
Revenue from Operations
21.43%
Total Assets
7.71%
Profit or Loss
39.46%
Net Worth
-185.07%
EBITDA
-30.15%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹21,905.98 Cr

₹11,807.02 Cr

LenderAmountStatus

Others

Creation Date: 18 Oct 2024
₹739.23 CrOpen

Others

Creation Date: 20 May 2024
₹270.00 CrOpen

Canara Bank

Creation Date: 30 Mar 2024
₹1,000.00 CrOpen

How Many Employees Work at Bangalore Electricity Supply Company?

Unlock and access historical data on people associated with Bangalore Electricity Supply Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Bangalore Electricity Supply Company

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 739.23 Cr with Charge ID 100990096 was registered on 18 Oct 2024.

    18 Oct 2024

  • Director Appointment

    Manjinakoppa Laxmana Vyshali was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 2 months 15 days .

    05 Oct 2024

  • Director Appointment

    Shimoga Achyuthamurthy Pushpa was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 2 months 15 days .

    05 Oct 2024

  • Director Appointment

    Balaram Krishanappa was appointed as a Director was appointed as a Director on 30 Jul 2024 & has been associated with this company since 4 months 21 days .

    30 Jul 2024

  • Charges

    A charge registered on 06 Nov 2023 via Charge ID 100812981 with Others was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 28 Aug 2023 via Charge ID 100776541 with Others was fully satisfied on 28 May 2024.

    28 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Bangalore Electricity Supply Company Limited was incorporated on 30 Apr 2002.

  • The authorized share capital of Bangalore Electricity Supply Company Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 1,979.26 Cr.

  • Currently 11 directors are associated with Bangalore Electricity Supply Company Limited.

    • George Kelachandra Joseph
    • Gauravgupta
    • Pankaj Kumar Pandey
    • Parakkunnum Chalil Jaffer
    • Hanumanthappa Jayamma Ramesh
    • Balaram Krishanappa
    • Manjinakoppa Laxmana Vyshali
    • Shimoga Achyuthamurthy Pushpa
    • Suma Gudemundleramaner Parameshwarappa
    • Shivanna
    • Mahantesh Bilagi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bangalore Electricity Supply Company Limited is K.R.Circle India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Bangalore Electricity Supply Company Limited is U04010KA2002SGC030438 and the company number is 030438 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bangalore Electricity Supply Company Limited is https://www.bescom.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bangalore Electricity Supply Company Limited has risen by 21.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bangalore Electricity Supply Company Limited has experienced an downturn of -185.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bangalore Electricity Supply Company Limited amount to ₹ 21,905.98 Cr.

  • The most recent Balance Sheet for Bangalore Electricity Supply Company Limited was filed with the ROC on 31 Mar 2023.

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