Mangalore Electricity Supply Company Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 817.30 Cr
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,822.64 Cr
- Satisfied Charges ₹ 2,005.84 Cr
- Revenue Growth 16.27%
- Profit Growth 58.54%
- Ebitda -3.40%
- Net Worth 14.07%
- Total Assets -0.90%
About Mangalore Electricity Supply Company
Mangalore Electricity Supply Company Limited (MESCL) is a leading Public Limited State Government Company incorporated in India on 29 April 2002 and has a history of 22 years and nine months. Its registered office is in Mangalore, 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 1,000.00 Cr and a paid-up capital of Rs 817.30 Cr.
The company currently has active open charges totaling ₹2,822.64 Cr. The company has closed loans amounting to ₹2,005.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mangalore Electricity Supply Company Limited India are Prabhat Joshi as COMPANY SECRETARY and Balevalachilu Jagadeesha as Cfo. Huthri Ramesh, Pankaj Pandey, Shivanna, and Six other members serve as directors at the Company.
Company Details
- Location
Mangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U40109KA2002SGC030425
- Company No.
030425
- Company Classification
Public Limited State Government Company
- Incorporation Date
29 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 Mangalore Electricity Supply Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhat Joshi  | Company Secretary | 06-Jun-2019 | Current |
| Balevalachilu Jagadeesha | CFO | 14-Feb-2022 | Current |
| Padmavati Dhanvantari | Managing Director | 05-Jul-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Huthri Ramesh | Whole-Time Director | 20-Feb-2023 | Current |
| Pankaj Pandey | Director | 06-Jun-2023 | Current |
| Shivanna | Director | 07-Nov-2022 | Current |
| Rajaputrapalya Lakshmipathy | Director | 01-Jul-2022 | Current |
| Krishnappa Venkatappa | Director | 24-Nov-2022 | Current |
| Adiveppa Aparna | Director | 21-Oct-2022 | Current |
Financial Performance of Mangalore Electricity Supply Company.
Mangalore Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.27% increase. The company also saw a substantial improvement in profitability, with a 58.54% increase in profit. The company's net worth Soared by an impressive increase of 14.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mangalore Electricity Supply Company?
In 2023, Mangalore 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 LimitedPankaj Pandey is a mutual person
Rajiv Gandhi Housing Corporation LimitedReju Thankachan is a mutual person
Power Company Of Karnataka LimitedPankaj Pandey and Krishnappa Venkatappa are mutual person
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Ngef (Hubli) LimitedPadmavati Dhanvantari is a mutual person
Karnataka Vidyuth Karkhane LimitedPankaj Pandey, Padmavati Dhanvantari and 1 more are mutual person
Karnataka State Tourism Development Corporation LimitedReju Thankachan is a mutual person
Charges (Loans)
₹2,822.64 Cr
₹2,005.84 Cr
Charges Breakdown by Lending Institutions
- Others : 1220.14 Cr
- Bank Of India : 540.00 Cr
- Syndicate Bank : 500.00 Cr
- Indian Bank : 220.00 Cr
- Vijaya Bank : 150.00 Cr
- Others : 192.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2022 | Indian Bank | ₹220.00 Cr | Open |
| 11 Jun 2021 | Bank Of India | ₹280.00 Cr | Open |
| 22 Dec 2020 | Others | ₹183.42 Cr | Open |
| 26 Feb 2020 | Bank Of India | ₹260.00 Cr | Open |
| 17 Aug 2019 | Syndicate Bank | ₹150.00 Cr | Open |
How Many Employees Work at Mangalore Electricity Supply Company?
Mangalore Electricity Supply Company has a workforce of 45 employees as of Mar 22, 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 Mangalore 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 Mangalore 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.
