Himachal Pradesh Power Corporation Limited

Develops hydro, thermal, wind, and solar projects for Himachal Pradesh government.

2006 | Shimla, Himachal Pradesh (India) | Active
Last Updated: January 01, 2025

Himachal Pradesh Power Corporation Profile

Key Indicators

  • Authorised Capital ₹ 2,500.00 Cr
  • Paid Up Capital ₹ 2,347.63 Cr
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 600.00 Cr
  • Satisfied Charges ₹ 653.00 Cr
  • Revenue Growth -13.72%
  • Profit Growth -56.53%
  • Ebitda -30.89%
  • Net Worth -10.64%
  • Total Assets 16.96%

About Himachal Pradesh Power Corporation

Himachal Pradesh Power Corporation Limited (HPPCL) is a leading Private Limited State Government Company incorporated in India on 18 December 2006 and has a history of 18 years and two months. Its registered office is in Shimla, Himachal Pradesh, India.

The Corporate was formerly known as Hppc Ltd. The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2,500.00 Cr and a paid-up capital of Rs 2,347.63 Cr.

The company currently has active open charges totaling ₹600.00 Cr. The company has closed loans amounting to ₹653.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Himachal Pradesh Power Corporation Limited India is Sudershan Sharma as COMPANY SECRETARY. Sanjay Gupta, Devesh Kumar, Rakesh Kanwar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Shimla, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hppcl.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40101HP2006SGC030591

  • Company No.

    030591

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    18 Dec 2006

  • Date of AGM

    20 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Infrastructure and Utilities

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

Executive Team (2)

NameDesignationAppointment DateStatus
Harikesh Meena Country flag representing In Managing Director04-Feb-2023Current
Sudershan Sharma Company Secretary07-Aug-2008Current

Board Members (7)

NameDesignationAppointment DateStatus
Surender Kumar Country flag representing In Whole-Time Director 22-Jul-2021Current
Sanjay Gupta Country flag representing In Nominee Director 13-Feb-2024Current
Devesh Kumar Country flag representing In Nominee Director 20-Oct-2023Current
Rakesh Kanwar Country flag representing In Nominee Director 21-Aug-2024Current
Shivam Singh Country flag representing In Whole-Time Director 04-Jul-2023Current
Desh Raj Country flag representing In Whole-Time Director 28-Nov-2023Current

Financial Performance of Himachal Pradesh Power Corporation.

Himachal Pradesh Power Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.72% decrease. The company also saw a substantial fall in profitability, with a 56.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.64%.

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
-13.72%
Revenue from Operations
-16.52%
Total Assets
16.96%
Profit or Loss
-56.53%
Net Worth
-10.64%
EBITDA
-30.89%

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

In 2023, Himachal Pradesh Power Corporation had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹600.00 Cr

Satisfied Charges

₹653.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 400.00 Cr
  • Uco Bank : 200.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2021Others₹200.00 CrOpen
13 Jul 2020Others₹200.00 CrOpen
14 Jan 2019Uco Bank₹200.00 CrOpen
13 Jan 2011Power Finance Corporation Limited₹200.00 CrSatisfied
05 Mar 2007Power Finance Corporation Limited₹453.00 CrSatisfied

How Many Employees Work at Himachal Pradesh Power Corporation?

Himachal Pradesh Power Corporation has a workforce of 413 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Himachal Pradesh Power 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 Himachal Pradesh Power 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 Himachal Pradesh Power Corporation

Recent activity within the organization

  • Director Appointment

    Rakesh Kanwar was appointed as a Nominee Director was appointed as a Nominee Director on 21 Aug 2024 & has been associated with this company since 6 months 2 days .

    21 Aug 2024

  • Annual General Meeting

    Himachal Pradesh Power Corporation Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.

    20 Aug 2024

  • Balance Sheet

    Himachal Pradesh Power Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

    31 Mar 2024

  • Director Appointment

    Sanjay Gupta was appointed as a Nominee Director was appointed as a Nominee Director on 13 Feb 2024 & has been associated with this company since 1 year 8 days .

    13 Feb 2024

  • Director Appointment

    Desh Raj was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Nov 2023 & has been associated with this company since 1 year 2 months .

    28 Nov 2023

  • Director Appointment

    Devesh Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 20 Oct 2023 & has been associated with this company since 1 year 4 months .

    20 Oct 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Himachal Pradesh Power Corporation Limited was incorporated on 18 Dec 2006.

  • The authorized share capital of Himachal Pradesh Power Corporation Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 2,347.63 Cr.

  • Currently 9 directors are associated with Himachal Pradesh Power Corporation Limited.

    • Sanjay Gupta
    • Devesh Kumar
    • Rakesh Kanwar
    • Harikesh Meena
    • Shivam Pratap Singh
    • Sudershan Kumar Sharma
    • Desh Raj
    • Surender Kumar
    • Prabodh Saxena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Himachal Pradesh Power Corporation Limited is Himfed Building Bcs, New India, Shimla, Himachal Pradesh, 171009.

  • The corporate identification number (CIN) of Himachal Pradesh Power Corporation Limited is U40101HP2006SGC030591 and the company number is 030591 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Himachal Pradesh Power Corporation Limited is https://www.hppcl.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Himachal Pradesh Power Corporation Limited has fallen by -13.72%.

  • As Per 2021 financial reports, 413 employees are currently employed by Himachal Pradesh Power Corporation Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Himachal Pradesh Power Corporation Limited has experienced an downturn of -10.64%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Himachal Pradesh Power Corporation Limited amount to ₹ 600.00 Cr.

  • The most recent Balance Sheet for Himachal Pradesh Power Corporation Limited was filed with the ROC on 31 Mar 2024.

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