
About Bihar State Power (Holding) Company Limited
Data last updated:
Bihar State Power (Holding) Company Limited is a public limited state government company based in Patna, Bihar, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 16 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U40102BR2012SGC018495. Its GSTIN is 10AAFCB2394A2ZD (Bihar). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹47,000 Cr and a paid-up capital of ₹45,043 Cr. It is led by directors including Manoj Kumar Singh (Managing Director) and Mahendra Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Vidyut Bhawan Bailey Road, Patna, Bihar, India – 800021.
As per the financials filed for FY 2021, the company reported a revenue of ₹19,718 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹1,776 Cr (net margin -9%) and EBITDA of ₹683.58 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 15 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Bsphcl. As per MCA filings, the company has satisfied charges of ₹2,670 Cr on record. Court records list 2,119 cases involving the company, including 114 filed by the company and 2,005 filed against it; 467 cases are pending. The company has 4 deals on record (4 rights issues); the latest was in December 2024. Its 6 peer companies in the Cleantech industry (Hydro Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 3 smaller; the largest is Punjab State Power Corporation Limited with revenue of ₹43,965 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 bsphcl.co.in.
Company details
Contact details
Bihar State Power (Holding) Company Limited's registered office is in Patna, Bihar. Its website is bsphcl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVidyut Bhawan Bailey Road, Patna, Bihar, India – 800021
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Bihar State Power (Holding) 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
Bihar State Power (Holding) Company operates one associated brand: BSPHCL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity generation, transmission, and distribution services in Bihar. | bsphcl.co.in |
Business activity
The main business activity of Bihar State Power (Holding) 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 Bihar State Power (Holding) Company Limited, buy the company report.
Financials of Bihar State Power (Holding) Company Limited
FY 2021 filings availableBihar State Power (Holding) Company Limited reported revenue of ₹19,718 Cr (up 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% growth in the latest year. EBITDA rose 222% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹683.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,776 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | -9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bihar State Power (Holding) Company Limited, buy the company report.
Board of directors of Bihar State Power (Holding) Company Limited
Bihar State Power (Holding) Company has 4 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar | Whole-Time Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Mukesh Kumar Lal | Nominee Director | 24 Jun 2025 | 1 Years 4 Months | Current |
| Manoj Kumar Singh | Managing Director | 11 Jun 2025 | 1 Years 5 Months | Current |
| Rahul Kumar | Nominee Director | 02 Jun 2025 | 1 Years 5 Months | Current |
Peer comparison
Bihar State Power (Holding) Company Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Hydro Power, Thermal Power Plants), 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 |
|---|---|---|---|---|---|---|
| Punjab State Power Corporation Limited | ₹43,965 Cr (FY 2024) | 12.0% | Patiala, Punjab, India | |||
| Maharashtra State Power Generation Company Limited | ₹38,334 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Rajasthan Rajya Vidyut Utpadan Nigam Limited | ₹21,344 Cr (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Bihar State Power (Holding) Company Limitedthis company | ₹19,718 Cr (FY 2021) | -₹1,776 Cr | -9% | 8.0% | 15 | Patna, Bihar, India |
| Andhra Pradesh Power Generation Corporation Limited | ₹19,327 Cr (FY 2024) | 23.0% | Vijayawada, Andhra Pradesh, India | |||
| Jindal Power Limited | ₹17,338 Cr (FY 2025) | 7.0% | Tamnar, Chhattisgarh, India | |||
| Telangana Power Generation Corporation Limited | ₹16,706 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bihar State Power (Holding) Company Limited, buy the company report.
Auditor
Bihar State Power (Holding) Company Limited is audited by G K SUREKA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K SUREKA & CO | FY 2018 | 513018C |
Shareholding
The shareholding of Bihar State Power (Holding) 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 Bihar State Power (Holding) Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2013 | 10400046 | Canara Bank | ₹2,670 Cr | Satisfied |
To see the full charge records of Bihar State Power (Holding) Company Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Bihar State Power (Holding) Company Limited has 4 deals on record (4 rights issues); the latest was in December 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹1,195.01 Cr | Investors: an individual |
| Dec 2022 | Rights issue | ₹8,816.75 Cr | Investors: an individual |
| May 2018 | Rights issue | ₹26,107 Cr | Investors: an individual |
| Mar 2015 | Rights issue | ₹8,912.96 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bihar State Power (Holding) Company Limited has 2,119 court cases on record: 114 filed by Bihar State Power (Holding) Company, 2,005 filed against it. 467 cases are pending and 1,652 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2,058 | 1,964 | 444 |
| Supreme Court | 42 | 26 | 12 |
| District courts | 19 | 15 | 11 |
Cases on record (5 of 2,119)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4301-Service Laws : Appointment, Compassionate appointment, temporary appointment, recruitment,probation and confirmation, suspension, reduction in rank, termination, dismissal, removal, retirement, disciplinary proceedings against employees) | Filed against the company by individuals | Disposed |
| Patna High Court | Court case (L.P.A) | Filed by the company against M/S Gangotri Iron and Steel Company Limited | Pending |
| Patna High Court | Court case (L.P.A) | Filed by the company against M/S Balmukund Concast Limited, and 1 other | Pending |
| Patna High Court | Court case (L.P.A) | Filed by the company against The Managing Director, South Bihar Power Distribution Company Limited, Vidyut Bhawan, Bailey Road and 2 others | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Sri Avantika Contractors (I) Ltd. Through Its Authorised Representative Office at 401 A Wing, Door No 6-3-352/2 and 3,Astral Heights Complex,Banjara Hills, Road No 1,Hyderabad, Telangana ,Hyderabad , Telangana and 4 others | Pending |
To see the full case history of Bihar State Power (Holding) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bihar State Power (Holding) Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bihar State Power (Holding) Company has 4 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bihar State Power Generation Company Limited | U40102BR2012SGC018888 | |
| South Bihar Power Distribution Company Limited | U40109BR2012SGC018890 | |
| North Bihar Power Distribution Company Limited | U40109BR2012SGC018920 | |
| Bihar State Power Transmission Company Limited | U74110BR2012SGC018889 |
To see the full group structure of Bihar State Power (Holding) Company Limited, buy the company report.
Employees & EPFO
Bihar State Power (Holding) Company Limited has a workforce of 15 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 15 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Bihar State Power (Holding) Company Limited, buy the company report.
GST
Bihar State Power (Holding) Company has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAFCB2394A2ZD | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bihar State Power (Holding) Company Limited, buy the company report.
Recent activity
Bihar State Power (Holding) Company Limited has 39 board changes on record since 2013: 4 appointments and 35 cessations. The latest: Jai Singh ceased to be Nominee Director on 24 Jun 2025.
32 earlier events are in the company report.
News
Frequently asked questions
Bihar State Power (Holding) Company is an active public limited state government company based in Patna, Bihar, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 16 April 2012 (14+ years old) and is registered under CIN U40102BR2012SGC018495.
Bihar State Power (Holding) Company has 4 current directors:
- Manoj Kumar Singh - Managing Director
- Mahendra Kumar - Whole-Time Director
- Mukesh Kumar Lal - Nominee Director
- Rahul Kumar - Nominee Director
The latest financial statements of Bihar State Power (Holding) Company on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bihar State Power (Holding) Company is 10AAFCB2394A2ZD, registered in Bihar. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bihar State Power (Holding) Company is U40102BR2012SGC018495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bihar State Power (Holding) Company has 2,119 court cases on record: 114 filed by the company and 2,005 filed against it. 467 are pending. Most are in the high courts.
Bihar State Power (Holding) Company was incorporated on 16 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Patna.
Bihar State Power (Holding) Company has 4 deals on record (4 rights issues); the latest was in December 2024.
The peers of Bihar State Power (Holding) Company by revenue are Punjab State Power Corporation Limited, Maharashtra State Power Generation Company Limited, Rajasthan Rajya Vidyut Utpadan Nigam Limited, Andhra Pradesh Power Generation Corporation Limited, Jindal Power Limited and 1 more, all in the Cleantech industry (Hydro Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Jai Singh ceased to be Nominee Director on 24 Jun 2025. Mukesh Kumar Lal was appointed as Nominee Director on 24 Jun 2025. Manoj Kumar Singh was appointed as Managing Director on 11 Jun 2025. Bihar State Power (Holding) Company has 39 board changes on record in total.
Bihar State Power (Holding) Company can be reached through the website bsphcl.co.in. Its registered office is in Patna, Bihar, India.

