Karnataka Power Corporation Profile
Key Indicators
- Authorised Capital ₹ 6,100.00 Cr
as on 04-11-2024
- Paid Up Capital ₹ 5,162.43 Cr
as on 04-11-2024
- Company Age 54 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33,060.43 Cr
as on 04-11-2024
- Satisfied Charges ₹ 12,409.73 Cr
as on 04-11-2024
- Revenue 16.79%
(FY 2023)
- Profit 428.83%
(FY 2023)
- Ebitda -11.49%
(FY 2023)
- Net Worth 0.20%
(FY 2023)
- Total Assets 6.22%
(FY 2023)
About Karnataka Power Corporation
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Karnataka Power Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramu Nagaraja  | CFO | 20-Sep-2014 | Current |
| Kavitha E | Company Secretary | 07-Jan-2020 | Current |
| Gauravgupta | Managing Director | 25-May-2023 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Luthfulla Atheeq | Director | 02-Jul-2016 | Current |
| Ramu Nagaraja | Director and Cfo | 03-Mar-2010 | Current |
| Siddaramaiah | Director | 20-May-2023 | Current |
| Mahantesh Bilagi | Director | 25-Jul-2022 | Current |
| Chikkanna Nagaraju | Whole-Time Director | 05-Jan-2024 | Current |
| Manjinakoppa Vyshali | Director | 14-Aug-2024 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Visvesvaraya Jala Nigam LimitedActive 8 years 2 monthsSiddaramaiah and Luthfulla Atheeq are mutual person
The Mysore Electrical Industries LimitedActive 79 years 10 monthsPankaj Pandey and Gauravgupta are mutual person
Power Company Of Karnataka LimitedActive 17 years 4 monthsMahantesh Bilagi, Pankaj Pandey and 1 more are mutual person
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Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 20 Oct 2022 | ₹746.90 Cr | Open |
Others Creation Date: 30 Dec 2021 | ₹500.00 Cr | Open |
Others Creation Date: 16 Jul 2021 | ₹5,000.00 Cr | Open |
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.
Deals i
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
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.
