Mangalore Electricity Supply Company Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
as on 07-07-2024
- Paid Up Capital ₹ 817.30 Cr
as on 07-07-2024
- Company Age 22 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,822.64 Cr
as on 07-07-2024
- Satisfied Charges ₹ 2,005.84 Cr
as on 07-07-2024
- Revenue 16.27%
(FY 2023)
- Profit 58.54%
(FY 2023)
- Ebitda -3.40%
(FY 2023)
- Net Worth 14.07%
(FY 2023)
- Total Assets -0.90%
(FY 2023)
About Mangalore Electricity Supply Company
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.
- 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
Company Details
- Location
Mangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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)
Power Company Of Karnataka LimitedActive 17 years 4 monthsPankaj Pandey and Krishnappa Venkatappa are mutual person
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Karnataka Vidyuth Karkhane LimitedActive 49 years 10 monthsPankaj Pandey, Adiveppa Aparna and 1 more are mutual person
Karnataka State Tourism Development Corporation LimitedActive 53 years 10 monthsReju Thankachan is a mutual person
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Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 29 Mar 2022 | ₹220.00 Cr | Open |
Bank Of India Creation Date: 11 Jun 2021 | ₹280.00 Cr | Open |
Others Creation Date: 22 Dec 2020 | ₹183.42 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.
