About Bangalore Electricity Supply Company Limited
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Bangalore Electricity Supply Company Limited is a public limited state government company based in Bangalore, Karnataka, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 30 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U04010KA2002SGC030438. Its GSTIN is 29AACCB1412G1Z5 (Karnataka). The company holds 36 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹2,500 Cr and a paid-up capital of ₹2,113.47 Cr. It is led by directors including Shivashankara Ninge Gowda (Managing Director) and Hanumanthappa Jayamma Ramesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at K.R.Circlebangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹33,048 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹5,476.14 Cr (net margin -16.6%) and EBITDA of -₹1,997.12 Cr (EBITDA margin -6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
The company is associated with 1 brand: Bescom. As per MCA filings, the company has open charges of ₹26,460 Cr and satisfied charges of ₹12,767 Cr on record. Court records list 1,724 cases involving the company, including 271 filed by the company and 1,453 filed against it; 358 cases are pending. The company has 13 deals on record (13 secondary share transfers); the latest was in September 2018. Its 10 peer companies in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Tamil Nadu Power Distribution Corporation Limited with revenue of ₹98,884 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bescom.org.
Company details
CIN history
Bangalore Electricity Supply Company has one previous CIN (Corporate Identification Number): U04010KA2002PLC030438. The current CIN is U04010KA2002SGC030438, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U04010KA2002SGC030438 | Current |
| U04010KA2002PLC030438 | Previous |
Contact details
Bangalore Electricity Supply Company Limited's registered office is in Bangalore, Karnataka. Its website is bescom.org. Its e-mail address is in the company report.
- Email
- Website
- Apps
- Registered AddressK.R.Circlebangalore, Karnataka, India – 560001
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Bangalore Electricity Supply Company Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bangalore Electricity Supply Company operates one associated brand: BESCOM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services in Maine. | bescom.co.in |
Business activity
The main business activity of Bangalore Electricity Supply Company is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Bangalore Electricity Supply Company Limited, buy the company report.
Financials of Bangalore Electricity Supply Company Limited
FY 2025 filings availableBangalore Electricity Supply Company Limited reported revenue of ₹33,048 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 266% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1,997.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5,476.14 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6% | ||||
| Net Profit Margin | -16.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Bangalore Electricity Supply Company Limited, buy the company report.
Board of directors and KMP of Bangalore Electricity Supply Company Limited
Bangalore Electricity Supply Company Limited currently reports 13 directors and 1 key managerial person. 109 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadeva | Cfo | 09 Dec 2024 | 1 Years 10 Months | Current |
| Parakkunnum Chalil Jaffer Also directs: Karnataka Power Transmission Corporation Limited, Information Technology Park Limited, Jungle Lodges and Resorts Limited and 3 more | Director | 18 Aug 2023 | 3 Years 2 Months | Current |
| Shivanna | Director | 07 Nov 2022 | 3 Years 11 Months | Current |
| Dalavayee Kodandapani Also directs: Karnataka Vidyuth Karkhane Limited, Hubli Electricity Supply Company Limited, Power Company of Karnataka Limited and 5 more | Director | 02 Jul 2025 | 1 Years 3 Months | Current |
| George Kelachandra Joseph Also directs: Kelachandra Holdings LLP, Kelachandra Hospitality LLP, Kelachandra Commodities LLP and 5 more | Director | 06 Jun 2023 | 3 Years 4 Months | Current |
| Balaram Krishanappa | Director | 16 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Bangalore Electricity Supply Company Limited is compared with the 10 companies closest to it by revenue in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tamil Nadu Power Distribution Corporation Limited | ₹98,884 Cr (FY 2024) | 20.0% | Chennai, Tamil Nadu, India | |||
| Gujarat Urja Vikas Nigam Limited | ₹88,896 Cr (FY 2025) | 1.0% | Vadodara, Gujarat, India | |||
| Power Grid Corporation of India Limited | ₹47,459 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Southern Power Distribution Company of Telangana Limited | ₹44,953 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| West Bengalstate Electricity Distribution Company Limited | ₹38,745 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Bangalore Electricity Supply Company Limitedthis company | ₹33,048 Cr (FY 2025) | -₹5,476.14 Cr | -16.6% | -3.0% | Bangalore, Karnataka, India | |
| Pashchimanchal Vidyut Vitran Nigam Limited | ₹29,859 Cr (FY 2025) | 8.0% | Meerut, Uttar Pradesh, India | |||
| Jaipur Vidyut Vitran Nigam Limited | ₹28,682 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India | |||
| Chhattisgarh State Power Distribution Company Limited | ₹27,811 Cr (FY 2025) | 18.0% | Raipur, Chhattisgarh, India | |||
| Paschim Gujarat Vij Company Limited | ₹27,391 Cr (FY 2025) | -3.0% | Rajkot, Gujarat, India | |||
| Dakshin Haryana Bijli Vitran Nigam Limited | ₹26,860 Cr (FY 2025) | 10.0% | Haryana, India |
To see the full peer comparison of Bangalore Electricity Supply Company Limited, buy the company report.
Auditor
Bangalore Electricity Supply Company Limited is audited by A RAGHAVENDRA RAO & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A RAGHAVENDRA RAO & ASSOCIATES | FY 2023 | 003324S |
Shareholding
The shareholding of Bangalore Electricity Supply Company Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bangalore Electricity Supply Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2025 | 101214870 | Others | ₹500 Cr | Open | |
| 21 Nov 2025 | 101200098 | Others | ₹1,450 Cr | Open | |
| 22 May 2025 | 101108616 | Canara Bank | ₹200 Cr | Open | |
| 04 Apr 2025 | 101080905 | Others | ₹781.42 Cr | Open | |
| 29 Mar 2025 | 101087442 | Canara Bank | ₹300 Cr | Open |
To see the full charge records of Bangalore Electricity Supply Company Limited, buy the company report.
Total charge records: 124 View all charges
Deals & funding
Bangalore Electricity Supply Company Limited has 13 deals on record (13 secondary share transfers); the latest was in September 2018.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Bangalore Electricity Supply Company Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bangalore Electricity Supply Company Limited has 1,724 court cases on record: 271 filed by Bangalore Electricity Supply Company, 1,453 filed against it. 358 cases are pending and 1,366 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1,450 | 1,270 | 279 |
| District courts | 154 | 130 | 27 |
| Supreme Court | 118 | 51 | 51 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 1,724)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed by the company against individuals | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed by the company against Udupi Power Corporation Ltd. | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Castles Vista Private Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by A.M. Developers (India) Pvt. Ltd. | Pending |
| Supreme Court | Court case | Filed by the company against Shree Renuka Sugars Limited | Pending |
To see the full case history of Bangalore Electricity Supply Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Bangalore Electricity Supply Company Limited was last rated by Care on 08 Jun 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Jun 2023 |
To see the full credit ratings and regulatory alerts of Bangalore Electricity Supply Company Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bangalore Electricity Supply Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bangalore Electricity Supply Company has 36 GST registrations: 5 active and 31 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB1412G1Z5 | Karnataka | Active | 01 Jul 2017 |
| 29AACCB1412G1DE | Karnataka | Active | 17 Feb 2018 |
| 29AACCB1412G2DD | Karnataka | Active | 04 Apr 2018 |
| 29AACCB1412G3DC | Karnataka | Active | 07 Oct 2018 |
To see the full GST registrations and return filing status of Bangalore Electricity Supply Company Limited, buy the company report.
Recent activity
Bangalore Electricity Supply Company Limited has 122 board changes on record since 2007: 14 appointments and 108 cessations. The latest: Channabasave Gowda Basavanna was appointed as Director on 09 Dec 2025.
315 earlier events are in the company report.
From our blog
Frequently asked questions
Bangalore Electricity Supply Company is an active public limited state government company based in Bangalore, Karnataka, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 30 April 2002 (24+ years old) and is registered under CIN U04010KA2002SGC030438.
Bangalore Electricity Supply Company has 14 current directors and KMP:
- Shivashankara Ninge Gowda - Managing Director
- Hanumanthappa Jayamma Ramesh - Whole-Time Director
- Parakkunnum Chalil Jaffer - Director
- Shivanna - Director
- Dalavayee Kodandapani - Director
- George Kelachandra Joseph - Director
- Balaram Krishanappa - Director
- Manjinakoppa Laxmana Vyshali - Director
- Shimoga Achyuthamurthy Pushpa - Director
- Gauravgupta - Director
- Siddaramaiah Ramya - Director
- Kanakanapalya Mudlagiri Lakshmisha - Nominee Director
- Channabasave Gowda Basavanna - Director
- Mahadeva - Cfo
The latest financial statements of Bangalore Electricity Supply Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bangalore Electricity Supply Company is 29AACCB1412G1Z5, registered in Karnataka. The company has 36 GST registrations in all, of which 5 are active and 31 are cancelled or inactive. Other active GSTINs include 29AACCB1412G1DE (Karnataka), 29AACCB1412G2DD (Karnataka), 29AACCB1412G3DC (Karnataka).
The CIN (Corporate Identification Number) of Bangalore Electricity Supply Company is U04010KA2002SGC030438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bangalore Electricity Supply Company has 1,724 court cases on record: 271 filed by the company and 1,453 filed against it. 358 are pending. Most are in the high courts.
Bangalore Electricity Supply Company was incorporated on 30 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Bangalore Electricity Supply Company has 13 deals on record (13 secondary share transfers); the latest was in September 2018.
The peers of Bangalore Electricity Supply Company by revenue are Tamil Nadu Power Distribution Corporation Limited, Gujarat Urja Vikas Nigam Limited, Power Grid Corporation of India Limited, Southern Power Distribution Company of Telangana Limited, West Bengalstate Electricity Distribution Company Limited and 5 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Channabasave Gowda Basavanna was appointed as Director on 09 Dec 2025. Channabasave Gowda Basavanna ceased to be Nominee Director on 09 Dec 2025. Siddaramaiah Ramya was appointed as Director on 05 Dec 2025. Bangalore Electricity Supply Company has 122 board changes on record in total.
Bangalore Electricity Supply Company can be reached through the website bescom.org. Its registered office is in Bangalore, Karnataka, India.