About Chhattisgarh State Power Distribution Company Limited
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Chhattisgarh State Power Distribution Company Limited is a public limited state government company based in Raipur, Chhattisgarh, India, a subsidiary of Chhattisgarh State Power Holding Company Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 19 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U40108CT2003SGC015822. Its GSTIN is 22AADCC6047K1ZR (Chhattisgarh). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹3,300.25 Cr and a paid-up capital of ₹2,886.54 Cr. It was formerly known as Mahanadi Power Development Company Limited. It is led by directors including Bhim Singh Kanwar (Managing Director) and Ram Awtar Pathak.
Its last annual general meeting (AGM) was held on 12 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vidyut Sewa Bhawan Dangania, Raipur, Chhattisgarh, India – 492013.
As per the financials filed for FY 2025, the company reported a revenue of ₹27,811 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹406.62 Cr (net margin -1.5%) and EBITDA of ₹1,173.33 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company is associated with 2 brands: Chhattisgarh State Power Distribution Company and Cspdcl. As per MCA filings, the company has open charges of ₹14,360 Cr and satisfied charges of ₹3,690.37 Cr on record. Court records list 5,630 cases involving the company, including 4,465 filed by the company and 1,166 filed against it; 896 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹2,886.49 Cr; the latest was in September 2021. 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 Southern Power Distribution Company of Telangana Limited with revenue of ₹44,953 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 cspdcl.co.in.
Company details
CIN history
Chhattisgarh State Power Distribution Company has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40108CT2003SGC015822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108CT2003SGC015822 | Current |
| L40108CT2003SGC015822 | Previous |
| U40108MP2003PLC015822 | Previous |
Contact details
Chhattisgarh State Power Distribution Company Limited's registered office is in Raipur, Chhattisgarh. Its website is cspdcl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVidyut Sewa Bhawan Dangania, Raipur, Chhattisgarh, India – 492013
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Chhattisgarh State Power Distribution 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
Chhattisgarh State Power Distribution Company operates two associated brands: Chhattisgarh State Power Distribution Company and CSPDCL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity distribution and consumer services are provided in Chhattisgarh. | cspc.co.in | |
| Electricity distribution and related services in Chhattisgarh. | cspdcl.co.in |
Business activity
The main business activity of Chhattisgarh State Power Distribution 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 Chhattisgarh State Power Distribution Company Limited, buy the company report.
Financials of Chhattisgarh State Power Distribution Company Limited
FY 2025 filings availableChhattisgarh State Power Distribution Company Limited reported revenue of ₹27,811 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 18% growth in the latest year. EBITDA fell 28% 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 | ₹1,173.33 Cr | ||||
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| Net Profit (PAT) | -₹406.62 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 | 4.2% | ||||
| Net Profit Margin | -1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chhattisgarh State Power Distribution Company Limited, buy the company report.
Board of directors of Chhattisgarh State Power Distribution Company Limited
Chhattisgarh State Power Distribution Company has 6 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Kumar Katiyar | Nominee Director | 30 Nov 2022 | 3 Years 10 Months | Current |
| Rohit Yadav | Nominee Director | 04 Oct 2024 | 2 Years 0 Months | Current |
| Bhim Singh Kanwar | Managing Director | 11 Jul 2024 | 2 Years 3 Months | Current |
| Mukesh Kumar Bansal | Nominee Director | 08 Mar 2024 | 2 Years 7 Months | Current |
| Ram Awtar Pathak | Director | 02 Apr 2025 | 1 Years 6 Months | Current |
| Pradeep Fellows Also directs: TRN Energy Private Limited | Nominee Director | 20 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Chhattisgarh State Power Distribution 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 |
|---|---|---|---|---|---|---|
| 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 Limited | ₹33,048 Cr (FY 2025) | -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 Limitedthis company | ₹27,811 Cr (FY 2025) | -₹406.62 Cr | -1.5% | 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 | |||
| Dakshin Gujarat Vij Company Limited | ₹26,041 Cr (FY 2025) | 0.0% | Surat, Gujarat, India | |||
| Purvanchal Vidyut Vitran Nigam Limited | ₹25,599 Cr (FY 2025) | 15.0% | Varanasi, Uttar Pradesh, India | |||
| Jodhpur Vidyut Vitran Nigam Limited | ₹24,658 Cr (FY 2025) | -4.0% | Jodhpur, Rajasthan, India |
To see the full peer comparison of Chhattisgarh State Power Distribution Company Limited, buy the company report.
Auditor
Chhattisgarh State Power Distribution Company Limited is audited by BEGANI & BEGANI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BEGANI & BEGANI | FY 2022 | 010779C |
Shareholding
The shareholding of Chhattisgarh State Power Distribution Company Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chhattisgarh State Power Distribution Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2025 | 101218049 | Indian Overseas Bank | ₹700 Cr | Open | |
| 25 Sep 2025 | 101169952 | Others | ₹97.09 Cr | Open | |
| 30 Jul 2025 | 101136667 | Others | ₹194.18 Cr | Open | |
| 10 Jul 2025 | 101128598 | Others | ₹2,126.63 Cr | Open | |
| 24 Jun 2025 | 101119079 | Others | ₹204.41 Cr | Open |
To see the full charge records of Chhattisgarh State Power Distribution Company Limited, buy the company report.
Total charge records: 79 View all charges
Deals & funding
Chhattisgarh State Power Distribution Company Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹2,886.49 Cr; the latest was in September 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹623.44 Cr | Investors: Chhattisgarh State Power Holding Co. Limited |
| Mar 2014 | Funding round | ₹250 Cr | Investors: Chhattisgarh State Power Holding Co. Limited |
| Jun 2011 | Funding round | ₹2,013.05 Cr | Investors: Chhattisgarh State Power Holding Co. Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chhattisgarh State Power Distribution Company Limited has 5,630 court cases on record: 4,465 filed by Chhattisgarh State Power Distribution Company, 1,166 filed against it. 896 cases are pending and 4,734 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4,332 | 88 | 601 |
| High courts | 1,239 | 1,047 | 264 |
| Supreme Court | 54 | 31 | 31 |
| NCLAT | 5 | 0 | 0 |
Cases on record (5 of 5,630)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4304-Service Laws : Retiral benefits, pension) | Filed by the company against an individual | Disposed |
| 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 M/S Balaji Power and 2 others | Pending |
| High Court of Chhattisgarh | Writ petition | Filed against the company by M/S Agrawal Structure Mills Private Limited | Pending |
| Supreme Court | Appeal | Filed against the company by NTPC Ltd. (NTPC) | Pending |
| District court, Durg, Chhattisgarh | Motor accident claim | Filed by the company against M/S Salvo Explosives and Chemicals Pvt. Ltd. and 1 other | Pending |
To see the full case history of Chhattisgarh State Power Distribution 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
Chhattisgarh State Power Distribution Company Limited was last rated by Indiarating on 22 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 22 Feb 2023 |
To see the full credit ratings and regulatory alerts of Chhattisgarh State Power Distribution Company Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chhattisgarh State Power Distribution Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chhattisgarh State Power Distribution Company has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCC6047K1ZR | Chhattisgarh | Active | 01 Jul 2017 |
| 22AADCC6047K1D0 | Chhattisgarh | Active | 04 Oct 2018 |
| 22AADCC6047K3DY | Chhattisgarh | Active | 05 Oct 2018 |
| 22AADCC6047K4DX | Chhattisgarh | Active | 05 Oct 2018 |
To see the full GST registrations and return filing status of Chhattisgarh State Power Distribution Company Limited, buy the company report.
Recent activity
Chhattisgarh State Power Distribution Company Limited has 43 board changes on record since 2007: 7 appointments and 36 cessations. The latest: Ram Awtar Pathak was appointed as Director on 02 Apr 2025.
144 earlier events are in the company report.
From our blog
Frequently asked questions
Chhattisgarh State Power Distribution Company is an active public limited state government company based in Raipur, Chhattisgarh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 19 May 2003 (23+ years old) and is registered under CIN U40108CT2003SGC015822.
Chhattisgarh State Power Distribution Company has 6 current directors:
- Bhim Singh Kanwar - Managing Director
- Sanjiv Kumar Katiyar - Nominee Director
- Rohit Yadav - Nominee Director
- Mukesh Kumar Bansal - Nominee Director
- Ram Awtar Pathak - Director
- Pradeep Fellows - Nominee Director
The latest financial statements of Chhattisgarh State Power Distribution Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chhattisgarh State Power Distribution Company is 22AADCC6047K1ZR, registered in Chhattisgarh. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 22AADCC6047K1D0 (Chhattisgarh), 22AADCC6047K3DY (Chhattisgarh), 22AADCC6047K4DX (Chhattisgarh).
The CIN (Corporate Identification Number) of Chhattisgarh State Power Distribution Company is U40108CT2003SGC015822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chhattisgarh State Power Distribution Company has 5,630 court cases on record: 4,465 filed by the company and 1,166 filed against it. 896 are pending. Most are in the district courts.
Chhattisgarh State Power Distribution Company was incorporated on 19 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Chhattisgarh State Power Distribution Company has 3 deals on record (3 funding rounds), with disclosed funding of ₹2,886.49 Cr; the latest was in September 2021.
The peers of Chhattisgarh State Power Distribution Company by revenue are Southern Power Distribution Company of Telangana Limited, West Bengalstate Electricity Distribution Company Limited, Bangalore Electricity Supply Company Limited, Pashchimanchal Vidyut Vitran Nigam Limited, Jaipur Vidyut Vitran Nigam Limited and 5 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Ram Awtar Pathak was appointed as Director on 02 Apr 2025. Dayanand Pandey ceased to be Nominee Director on 04 Oct 2024. Rohit Yadav was appointed as Nominee Director on 04 Oct 2024. Chhattisgarh State Power Distribution Company has 43 board changes on record in total.
Chhattisgarh State Power Distribution Company can be reached through the website cspdcl.co.in. Its registered office is in Raipur, Chhattisgarh, India.