West Bengalstate Electricity Distribution Company Limited

State-owned power distribution company in West Bengal, established in 2007.

2007 | 24 Parganas, West Bengal (India) | Active
Last Updated: January 05, 2025

West Bengalstate Electricity Distribution Company Profile

Key Indicators

  • Authorised Capital ₹ 16,000.00 Cr
  • Paid Up Capital ₹ 4,273.32 Cr
  • Company Age 18 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27,239.02 Cr
  • Satisfied Charges ₹ 19,429.29 Cr
  • Revenue Growth 21.72%
  • Profit Growth 42.29%
  • Ebitda 184.56%
  • Net Worth 6.75%
  • Total Assets 0.30%

About West Bengalstate Electricity Distribution Company

West Bengalstate Electricity Distribution Company Limited (WBEDCL) is a leading Public Limited State Government Company incorporated in India on 16 February 2007 and has a history of 18 years. Its registered office is in 24 Parganas, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 16,000.00 Cr and a paid-up capital of Rs 4,273.32 Cr.

The company currently has active open charges totaling ₹27,239.02 Cr. The company has closed loans amounting to ₹19,429.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at West Bengalstate Electricity Distribution Company Limited India are Aparna Biswas as COMPANY SECRETARY and Debasish Choudhury as Cfo. Mehul Mohanka, Umesh Chowdhary, Ajay Pandey, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wbsedcl.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109WB2007SGC113473

  • Company No.

    113473

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    16 Feb 2007

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Energy and Power

Who are the key members and board of directors at West Bengalstate Electricity Distribution Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Santanu Basu Country flag representing In Managing Director24-Jun-2019Current
Aparna Biswas Company Secretary31-Dec-2016Current
Debasish Choudhury Country flag representing In CFO11-Apr-2023Current

Board Members (13)

NameDesignationAppointment DateStatus
Rudra Chatterjee Country flag representing In Director 23-Feb-2023Current
Pankaj Batra Country flag representing In Director 07-Jan-2019Current
Mehul Mohanka Country flag representing In Director 06-Mar-2023Current
Umesh Chowdhary Country flag representing In Director 09-Mar-2023Current
Ajay Pandey Country flag representing In Whole-Time Director 29-May-2015Current
Srikumar Bandyopadhyay Country flag representing In Director 30-Dec-2020Current

Financial Performance of West Bengalstate Electricity Distribution Company.

West Bengalstate Electricity Distribution Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.72% increase. The company also saw a substantial improvement in profitability, with a 42.29% increase in profit. The company's net worth moved up by a moderate rise of 6.75%.

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
21.72%
Revenue from Operations
21.13%
Total Assets
0.30%
Profit or Loss
42.29%
Net Worth
6.75%
EBITDA
184.56%

What is the Ownership and Shareholding Structure of West Bengalstate Electricity Distribution Company?

In 2022, West Bengalstate Electricity Distribution Company had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27,239.02 Cr

Satisfied Charges

₹19,429.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 23201.17 Cr
  • Rural Electrification Corporation Limited : 3223.99 Cr
  • Indian Bank : 419.94 Cr
  • Idbi Trusteeship Services Limited : 250.00 Cr
  • Rural Electrification Corporation Limited. : 143.93 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2024Others₹200.00 CrOpen
19 Sep 2024Others₹110.00 CrOpen
28 Aug 2024Indian Bank₹74.94 CrOpen
28 Aug 2024Indian Bank₹345.00 CrOpen
20 Aug 2024Others₹500.00 CrOpen

How Many Employees Work at West Bengalstate Electricity Distribution Company?

West Bengalstate Electricity Distribution Company has a workforce of 9329 employees as of Apr 01, 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 West Bengalstate Electricity Distribution 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 West Bengalstate Electricity Distribution Company'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 West Bengalstate Electricity Distribution Company

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100988386 was registered on 25 Sep 2024.

    25 Sep 2024

  • Annual General Meeting

    West Bengalstate Electricity Distribution Company Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 110.00 Cr with Charge ID 100979468 was registered on 19 Sep 2024.

    19 Sep 2024

  • Director Appointment

    Sumit Mukherjee was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Aug 2024 & has been associated with this company since 5 months 23 days .

    30 Aug 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 74.94 Cr with Charge ID 100969378 was registered on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 345.00 Cr with Charge ID 100969379 was registered on 28 Aug 2024.

    28 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • West Bengalstate Electricity Distribution Company Limited was incorporated on 16 Feb 2007.

  • The authorized share capital of West Bengalstate Electricity Distribution Company Limited is ₹ 16,000.00 Cr and paid-up capital is ₹ 4,273.32 Cr.

  • Currently 16 directors are associated with West Bengalstate Electricity Distribution Company Limited.

    • Mehul Mohanka
    • Umesh Chowdhary
    • Ajay Kumar Pandey
    • Rudra Chatterjee
    • Srikumar Bandyopadhyay
    • Rita Mukherjie
    • Santanu Basu
    • Pankaj Batra
    • Parthapratim Mukherjee
    • Avijit Kumar Latua
    • Subhasankar Debsarma Biswas
    • Debasish Roy Choudhury
    • Gopal Roy
    • Sumit Mukherjee
    • Aparna Biswas
    • Debasish Roy Choudhury
  • As per Ministry of Corporate Affairs (Mca), the registered address of West Bengalstate Electricity Distribution Company Limited is Bidyut Bhavan Block - Dj, Sector Ii Bidhannagar India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of West Bengalstate Electricity Distribution Company Limited is U40109WB2007SGC113473 and the company number is 113473 as per Ministry of Corporate Affairs (MCA).

  • The Official website of West Bengalstate Electricity Distribution Company Limited is https://www.wbsedcl.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for West Bengalstate Electricity Distribution Company Limited has risen by 21.72%.

  • As Per 2022 financial reports, 9329 employees are currently employed by West Bengalstate Electricity Distribution Company Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of West Bengalstate Electricity Distribution Company Limited has experienced an upsurge of 6.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for West Bengalstate Electricity Distribution Company Limited amount to ₹ 27,239.02 Cr.

  • The most recent Balance Sheet for West Bengalstate Electricity Distribution Company Limited was filed with the ROC on 31 Mar 2024.

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