Karnataka Power Corporation Limited

A power generation company in Karnataka with a diverse portfolio of thermal, hydro, and renewable energy.

1970 | Bangaluru, Karnataka (India) | Active
Last Updated: November 04, 2024

Karnataka Power Corporation Profile

Key Indicators

  • Authorised Capital ₹ 6,100.00 Cr
  • Paid Up Capital ₹ 5,162.43 Cr
  • Company Age 54 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33,060.43 Cr
  • Satisfied Charges ₹ 12,409.73 Cr
  • Revenue Growth 16.79%
  • Profit Growth 428.83%
  • Ebitda -11.49%
  • Net Worth 0.20%
  • Total Assets 6.22%

About Karnataka Power Corporation

Karnataka Power Corporation Limited (KPCL) was founded in India on 20 July 1970 and has a glorious history of 54 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Mysore Power Corporation Limited. 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 6,100.00 Cr and a paid-up capital of Rs 5,162.43 Cr.

The company currently has active open charges totaling ₹33,060.43 Cr. The company has closed loans amounting to ₹12,409.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Karnataka Power Corporation Limited India are Ramu Nagaraja as CFO and Kavitha E as Company Secretary. Ramu Nagaraja, Siddaramaiah, Luthfulla Atheeq, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kpcl.karnataka.gov.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1970SGC001919

  • Company No.

    001919

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    20 Jul 1970

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power
Environment

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ramu Nagaraja Country flag representing In CFO20-Sep-2014Current
Kavitha E Company Secretary07-Jan-2020Current
Gauravgupta Country flag representing In Managing Director25-May-2023Current

Board Members (9)

NameDesignationAppointment DateStatus
Luthfulla Atheeq Country flag representing In Director 02-Jul-2016Current
Ramu Nagaraja Country flag representing In Director and Cfo 03-Mar-2010Current
Siddaramaiah Country flag representing In Director 20-May-2023Current
Mahantesh Bilagi Country flag representing In Director 25-Jul-2022Current
Chikkanna Nagaraju Whole-Time Director 05-Jan-2024Current
Manjinakoppa Vyshali Director 14-Aug-2024Current

Financial Performance of Karnataka Power Corporation.

Karnataka Power Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.79% increase. The company also saw a substantial improvement in profitability, with a 428.83% increase in profit. The company's net worth moved up by a moderate rise of 0.2%.

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
16.79%
Revenue from Operations
20.63%
Total Assets
6.22%
Profit or Loss
428.83%
Net Worth
0.20%
EBITDA
-11.49%

What is the Ownership and Shareholding Structure of Karnataka Power Corporation?

In 2023, Karnataka Power Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33,060.43 Cr

Satisfied Charges

₹12,409.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 32887.93 Cr
  • Karnataka Bank Ltd. : 150.00 Cr
  • Sbicap Trustee Company Limited : 22.50 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2022Others₹746.90 CrOpen
30 Dec 2021Others₹500.00 CrOpen
16 Jul 2021Others₹5,000.00 CrOpen
22 Mar 2021Others₹456.40 CrOpen
27 Jan 2021Others₹745.29 CrOpen

How Many Employees Work at Karnataka Power Corporation?

Karnataka Power Corporation has a workforce of 31 employees as of Apr 07, 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 Karnataka 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 Karnataka 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 Karnataka Power Corporation

Recent activity within the organization

  • Director Appointment

    Shankar Krishna Murthy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Sep 2024 & has been associated with this company since 4 months 28 days .

    25 Sep 2024

  • Director Appointment

    Manjinakoppa Laxmana Vyshali was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 6 months 9 days .

    14 Aug 2024

  • Director Appointment

    Chikkanna Nagaraju was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Jan 2024 & has been associated with this company since 1 year 1 month .

    05 Jan 2024

  • Annual General Meeting

    Karnataka Power Corporation Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Charges

    A charge registered on 30 Aug 2022 via Charge ID 100609823 with Canara Bank was fully satisfied on 09 Oct 2023.

    09 Oct 2023

  • Director Appointment

    Gauravgupta was appointed as a Managing Director was appointed as a Managing Director on 25 May 2023 & has been associated with this company since 1 year 8 months .

    25 May 2023

Frequently asked questions

  • Karnataka Power Corporation Limited was incorporated on 20 Jul 1970.

  • The authorized share capital of Karnataka Power Corporation Limited is ₹ 6,100.00 Cr and paid-up capital is ₹ 5,162.43 Cr.

  • Currently 12 directors are associated with Karnataka Power Corporation Limited.

    • Ramu Nagaraja
    • Siddaramaiah
    • Luthfulla Khan Atheeq
    • Mahantesh Bilagi
    • Chikkanna Nagaraju
    • Manjinakoppa Laxmana Vyshali
    • Shankar Krishna Murthy
    • George Kelachandra Joseph
    • Ramu Nagaraja
    • Kavitha E
    • Pankaj Kumar Pandey
    • Gauravgupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Power Corporation Limited is Shakthi Bhavan'No.82 Race Course Road 560 001. India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Karnataka Power Corporation Limited is U85110KA1970SGC001919 and the company number is 001919 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka Power Corporation Limited is https://www.kpcl.karnataka.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Power Corporation Limited has risen by 16.79%.

  • As Per 2023 financial reports, 31 employees are currently employed by Karnataka Power Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Power Corporation Limited has experienced an upsurge of 0.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karnataka Power Corporation Limited amount to ₹ 33,060.43 Cr.

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

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