Hubli Electricity Supply Company Profile
Key Indicators
- Authorised Capital ₹ 5,500.00 Cr
- Paid Up Capital ₹ 2,251.40 Cr
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12,958.62 Cr
- Satisfied Charges ₹ 6,110.08 Cr
- Revenue Growth 23.21%
- Profit Growth 35.36%
- Ebitda 280.88%
- Net Worth -36.69%
- Total Assets 13.51%
About Hubli Electricity Supply Company
Hubli Electricity Supply Company Limited (HESCL) is a leading Public Limited State Government Company incorporated in India on 30 April 2002 and has a history of 22 years and nine months. Its registered office is in Dharwad, Karnataka, India.
The Company is engaged in the Energy And Power 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 5,500.00 Cr and a paid-up capital of Rs 2,251.40 Cr.
The company currently has active open charges totaling ₹12,958.62 Cr. The company has closed loans amounting to ₹6,110.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hubli Electricity Supply Company Limited India are Prakash Patil as CFO and Raghavendra Kotemane as Company Secretary. Vishal Ravi, Gauravgupta, Prakash Patil, and Six other members serve as directors at the Company.
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U31401KA2002SGC030437
- Company No.
030437
- Company Classification
Public Limited State Government Company
- Incorporation Date
30 Apr 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Hubli Electricity Supply Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjinakoppa Vyshali | Managing Director | 08-Aug-2024 | Current |
Prakash Patil  | CFO | 22-Jul-2022 | Current |
| Raghavendra Kotemane | Company Secretary | 16-Dec-2020 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Ravi | Director | 01-Sep-2023 | Current |
| Gauravgupta | Director | 05-Jun-2023 | Current |
| Prakash Patil | Director and Cfo | 22-Jul-2022 | Current |
| Shivanna | Director | 07-Nov-2022 | Current |
| Balaram Krishanappa | Director | 01-Aug-2024 | Current |
| Sagadageri Prashantkumar | Director | 02-Sep-2024 | Current |
Financial Performance of Hubli Electricity Supply Company.
Hubli Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.21% increase. The company also saw a substantial improvement in profitability, with a 35.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hubli Electricity Supply Company?
In 2023, Hubli Electricity Supply Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Mysore Electrical Industries LimitedGauravgupta is a mutual person
Power Company Of Karnataka LimitedGauravgupta is a mutual person
Mangalore Electricity Supply Company LimitedShivanna is a mutual person
Karnataka Vidyuth Karkhane LimitedManjinakoppa Vyshali and Sagadageri Prashantkumar are mutual person
Karnataka Renewable Energy Development LimitedGauravgupta is a mutual person
Karnataka Power Transmission Corporation LimitedGauravgupta, Shivanna and 2 more are mutual person
Charges (Loans)
₹12,958.62 Cr
₹6,110.08 Cr
Charges Breakdown by Lending Institutions
- Others : 5782.86 Cr
- State Bank Of India : 2450.00 Cr
- Canara Bank : 2000.00 Cr
- Rural Electrification Corporation Limited : 1656.17 Cr
- Bank Of India : 1000.00 Cr
- Others : 69.59 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Others | ₹500.00 Cr | Open |
| 13 Mar 2024 | Canara Bank | ₹600.00 Cr | Open |
| 10 Oct 2023 | Others | ₹928.92 Cr | Open |
| 05 Jul 2023 | Others | ₹400.00 Cr | Open |
| 04 Mar 2023 | Others | ₹108.54 Cr | Open |
How Many Employees Work at Hubli Electricity Supply Company?
Hubli Electricity Supply Company has a workforce of 5 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hubli Electricity Supply Company, 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 Hubli Electricity Supply Company's trajectory.
Rating
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
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.
