
About Energy Development Company Limited
Data last updated:
Energy Development Company Limited is a public limited company based in Kushalnagar, Karnataka, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 19 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L85110KA1995PLC017003. Its GSTIN is 29AAACE6969K1ZZ (Karnataka). The company holds 5 GST registrations, of which 3 are active. Its shares are listed on BSE: 532219 and NSE: ENERGYDEV.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹47.5 Cr. It is led by directors including Satyendra Pal Singh (Whole-Time Director) and Pankaja Kumari Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vill – Hulugunda Taluka – Somawarpet, Kushalnagar, Karnataka, India – 571233.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹46.25 Cr, a growth of 41.2% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Cr (net margin 2.8%) and EBITDA of ₹21.85 Cr (EBITDA margin 47.2%). The net worth stands at ₹29.92 Cr (up 1.3% YoY). Total assets are valued at ₹135.47 Cr (down 6.2% YoY).
The company has about 23 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: EDCL. As per MCA filings, the company has open charges of ₹219 Cr on record. Court records list 41 cases involving the company, including 12 filed by the company and 29 filed against it; 3 cases are pending. The company has 80 deals on record (80 market trades); the latest was in November 2025. Its 3 peer companies in the Infrastructure industry (Engineering Procurement and Construction, Hydro Power, Project Management), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 1 smaller; the largest is Renew Green (GJ Ten) Private Limited with revenue of ₹42.8 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2021, listing 4 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website edclgroup.com.
CIN History
Energy Development Company has one previous CIN (Corporate Identification Number): U85110KA1995PTC017003. The current CIN is L85110KA1995PLC017003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85110KA1995PLC017003 | Current |
| U85110KA1995PTC017003 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVill – Hulugunda Taluka – Somawarpet, Kushalnagar, Karnataka, India – 571233
- IndustryEnvironment, Hydroelectric Power Solutions, Wind Energy Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands
Energy Development Company operates one associated brand: EDCL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of hydropower and wind power projects, provider of related consultancy services | edclgroup.com |
Business Activity
The main business activities of Energy Development Company are electricity, gas, steam and air condition supply and construction. In detail, this covers electric power generation, transmission and distribution and roads, railways, utility projects. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Energy Development Company Limited
FY 2025-26 filings availableEnergy Development Company Limited reported revenue of ₹46.25 Cr (up 41.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 46.25 | 32.76 | 30.01 | 37.44 | 42.98 | 31.29 | 29.94 |
| Revenue growth | +41.2% | +9.2% | -19.9% | -12.9% | +37.4% | +4.5% | - |
| EBITDA | 21.85 | (60.04) | 16.23 | 24.78 | 30.61 | 16.67 | 12.39 |
| EBITDA margin | +47.2% | -183.3% | +54.1% | +66.2% | +71.2% | +53.3% | +41.4% |
| Profit before tax | 3.85 | (78.15) | (2.22) | 5.28 | 7.91 | (10.25) | (14.37) |
| Net profit | 1.30 | (39.73) | (2.16) | 4.20 | 9.55 | (4.80) | (3.08) |
| Net profit margin | +2.8% | -121.3% | -7.2% | +11.2% | +22.2% | -15.3% | -10.3% |
| EPS (₹) | (0.05) | (20.48) | (0.46) | 0.89 | 2.01 | (1.01) | (0.64) |
| Balance sheet | |||||||
| Total assets | 135 | 144 | 249 | 256 | 253 | 248 | 253 |
| Net worth | 29.92 | 29.55 | 126 | 128 | 124 | 114 | 118 |
| Total debt | 111 | 121 | 129 | 134 | 136 | 139 | 136 |
| Cash & bank | 22.33 | 15.96 | 17.98 | 19.19 | 16.81 | 3.42 | 3.50 |
| Net working capital | (8.10) | (11.68) | 26.02 | 29.49 | 26.04 | 12.11 | 9.12 |
| Cash flow | |||||||
| Cash from operations | 26.21 | 21.97 | 10.30 | 18.99 | 28.10 | 15.31 | 18.14 |
| Cash from investing | 0.73 | (3.37) | (1.13) | (5.22) | (10.65) | (4.21) | (1.50) |
| Cash from financing | (20.99) | (20.52) | (12.69) | (12.63) | (14.80) | (11.18) | (14.91) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.34 | 4.17 | 11.14 | 20.66 | 10.29 | 2.82 | 8.07 | 15.09 |
| Revenue growth (YoY) | -38.4% | +47.9% | +38.0% | +36.9% | +51.8% | - | - | - |
| Other income | 0.50 | 0.42 | 0.45 | 0.32 | 0.27 | 0.73 | 0.38 | 0.33 |
| EBITDA | 2.11 | (5.84) | 6.16 | 15.38 | 6.17 | (3.08) | (71.96) | 10.98 |
| EBITDA margin | +33.3% | -140.0% | +55.3% | +74.4% | +60.0% | -109.2% | -891.7% | +72.8% |
| Depreciation | 2.19 | 2.14 | 2.17 | 2.22 | 2.56 | 2.54 | 2.58 | 2.58 |
| Interest | 2.20 | 3.00 | 2.71 | 2.31 | 2.35 | 2.37 | 2.44 | 2.38 |
| Profit before tax | (1.78) | (10.56) | 1.73 | 11.17 | 1.53 | (7.26) | (76.60) | 6.35 |
| Tax | 0.03 | 3.19 | 0.42 | 0.61 | (0.12) | 19.70 | (0.21) | (0.20) |
| Net profit | (1.81) | (13.75) | 1.31 | 10.56 | 1.65 | (26.96) | (76.39) | 6.55 |
| EPS (₹) | (0.38) | (2.90) | 0.27 | 2.22 | 0.35 | (5.68) | (16.08) | 1.38 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 18.93 | 11.50 | 9.54 | 12.82 | 12.94 | 11.37 | 10.77 |
| Revenue growth | +64.6% | +20.6% | -25.6% | -0.9% | +13.8% | +5.6% | - |
| EBITDA | 0.62 | (55.40) | 1.52 | 4.43 | 4.32 | 1.01 | (1.86) |
| EBITDA margin | +3.3% | -481.7% | +15.9% | +34.6% | +33.4% | +8.9% | -17.3% |
| Profit before tax | (2.93) | (58.89) | (1.93) | 0.51 | 2.94 | (0.44) | (2.75) |
| Net profit | (4.19) | (25.71) | (1.78) | 0.64 | 2.99 | (0.49) | (3.05) |
| Net profit margin | -22.1% | -223.6% | -18.7% | +5.0% | +23.1% | -4.3% | -28.3% |
| EPS (₹) | (1.48) | (14.97) | (0.37) | 0.14 | 0.63 | (0.10) | (0.63) |
| Balance sheet | |||||||
| Total assets | 103 | 115 | 191 | 188 | 185 | 182 | 180 |
| Net worth | 84.31 | 91.21 | 162 | 164 | 163 | 160 | 161 |
| Total debt | 18.03 | 23.52 | 28.57 | 24.08 | 21.06 | 21.18 | 18.15 |
| Cash & bank | 3.44 | 1.79 | 1.72 | 2.20 | 3.48 | 1.46 | 1.45 |
| Net working capital | 20.97 | 23.70 | 63.13 | 64.32 | 66.01 | 35.39 | 32.97 |
| Cash flow | |||||||
| Cash from operations | 7.71 | 6.52 | (5.86) | (1.57) | 2.51 | 0.30 | (0.86) |
| Cash from investing | (0.32) | (1.25) | 0.99 | (1.73) | 0.68 | (2.69) | 2.04 |
| Cash from financing | (5.73) | (5.19) | 4.09 | 2.03 | (1.15) | 2.41 | (1.26) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.59 | 0.25 | 4.41 | 11.28 | 2.99 | 0.20 | 3.63 | 7.24 |
| Revenue growth (YoY) | -80.3% | +25.0% | +21.5% | +55.8% | +579.6% | - | - | - |
| Other income | 0.03 | 0.07 | 0.11 | 0.06 | 0.05 | 0.39 | 0.07 | 0.06 |
| Total expenses | 2.03 | 8.00 | 3.00 | 3.51 | 3.81 | 3.53 | 59.72 | 2.21 |
| EBITDA | (1.44) | (7.75) | 1.41 | 7.77 | (0.82) | (3.33) | (56.09) | 5.03 |
| EBITDA margin | -244.1% | -3100.0% | +32.0% | +68.9% | -27.4% | -1665.0% | -1545.2% | +69.5% |
| Depreciation | 0.65 | 0.64 | 0.65 | 0.65 | 0.65 | 0.64 | 0.66 | 0.66 |
| Interest | 0.31 | 0.31 | 0.30 | 0.31 | 0.34 | 0.36 | 0.35 | 0.35 |
| Profit before tax | (2.37) | (8.63) | 0.57 | 6.87 | (1.76) | (3.94) | (57.03) | 4.08 |
| Tax | 0.02 | 3.17 | 0.16 | 0.77 | (0.03) | 12.32 | (0.04) | (0.04) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.34 | 4.17 | 11.14 | 20.66 | 10.29 | 2.82 | 8.07 | 15.09 |
| Revenue growth (YoY) | -38.4% | +47.9% | +38.0% | +36.9% | +51.8% | - | - | - |
| Other income | 0.50 | 0.42 | 0.45 | 0.32 | 0.27 | 0.73 | 0.38 | 0.33 |
| EBITDA | 2.11 | (5.84) | 6.16 | 15.38 | 6.17 | (3.08) | (71.96) | 10.98 |
| EBITDA margin | +33.3% | -140.0% | +55.3% | +74.4% | +60.0% | -109.2% | -891.7% | +72.8% |
| Depreciation | 2.19 | 2.14 | 2.17 | 2.22 | 2.56 | 2.54 | 2.58 | 2.58 |
| Interest | 2.20 | 3.00 | 2.71 | 2.31 | 2.35 | 2.37 | 2.44 | 2.38 |
| Profit before tax | (1.78) | (10.56) | 1.73 | 11.17 | 1.53 | (7.26) | (76.60) | 6.35 |
| Tax | 0.03 | 3.19 | 0.42 | 0.61 | (0.12) | 19.70 | (0.21) | (0.20) |
| Net profit | (1.81) | (13.75) | 1.31 | 10.56 | 1.65 | (26.96) | (76.39) | 6.55 |
| EPS (₹) | (0.38) | (2.90) | 0.27 | 2.22 | 0.35 | (5.68) | (16.08) | 1.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 46.25 | 32.76 | 30.01 | 37.44 | 42.98 | 31.29 | 29.94 |
| Revenue growth | +41.2% | +9.2% | -19.9% | -12.9% | +37.4% | +4.5% | - |
| Other income | 1.46 | 1.79 | 1.73 | 4.60 | 2.54 | 2.22 | 2.02 |
| Total expenses | 24.40 | 92.80 | 13.78 | 12.66 | 12.37 | 14.62 | 17.55 |
| Employee cost | 5.02 | 4.87 | 4.24 | 4.03 | 4.13 | 5.60 | 5.94 |
| EBITDA | 21.85 | (60.04) | 16.23 | 24.78 | 30.61 | 16.67 | 12.39 |
| EBITDA margin | +47.2% | -183.3% | +54.1% | +66.2% | +71.2% | +53.3% | +41.4% |
| Depreciation | 9.09 | 10.26 | 10.28 | 10.31 | 10.32 | 10.36 | 10.46 |
| Interest | 10.37 | 9.64 | 9.90 | 13.79 | 14.92 | 18.78 | 18.32 |
| Profit before tax | 3.85 | (78.15) | (2.22) | 5.28 | 7.91 | (10.25) | (14.37) |
| Tax | 4.10 | 19.11 | (0.06) | 1.08 | (1.63) | (3.91) | (9.89) |
| Net profit | 1.30 | (39.73) | (2.16) | 4.20 | 9.55 | (4.80) | (3.08) |
| Net profit margin | +2.8% | -121.3% | -7.2% | +11.2% | +22.2% | -15.3% | -10.3% |
| EPS (₹) | (0.05) | (20.48) | (0.46) | 0.89 | 2.01 | (1.01) | (0.64) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 73.51 | 73.08 | 72.70 | 72.36 | 72.06 | 71.79 | 71.55 |
| Reserves & surplus | (43.59) | (43.53) | 53.70 | 55.90 | 51.62 | 41.92 | 46.59 |
| Shareholders' funds (net worth) | 29.92 | 29.55 | 126 | 128 | 124 | 114 | 118 |
| Minority interest | (6.61) | (6.61) | (6.61) | (6.61) | (6.61) | (6.60) | (5.06) |
| Secured loans | 58.47 | 63.90 | 69.09 | 73.84 | 77.91 | 82.79 | 85.50 |
| Unsecured loans | 53.00 | 57.10 | 59.55 | 59.79 | 57.69 | 55.81 | 50.35 |
| Total debt | 111 | 121 | 129 | 134 | 136 | 139 | 136 |
| Total liabilities | 135 | 144 | 249 | 256 | 253 | 248 | 253 |
| Assets | |||||||
| Gross block | 231 | 227 | 226 | 226 | 226 | 226 | 226 |
| Net block | 126 | 131 | 141 | 151 | 162 | 172 | 182 |
| Capital work in progress | 0.00 | 4.39 | 29.71 | 29.71 | 29.71 | 29.71 | 29.71 |
| Investments | 0.00 | 0.00 | 12.29 | 12.29 | 12.29 | 12.31 | 12.31 |
| Inventories | 0.29 | 0.80 | 0.69 | 0.68 | 0.75 | 0.81 | 0.88 |
| Sundry debtors | 4.06 | 7.87 | 39.96 | 41.20 | 39.78 | 37.64 | 36.19 |
| Cash & bank balances | 22.33 | 15.96 | 17.98 | 19.19 | 16.81 | 3.42 | 3.50 |
| Loans & advances | 10.19 | 10.73 | 68.82 | 68.96 | 68.17 | 67.77 | 61.48 |
| Total current assets | 36.87 | 35.36 | 127 | 130 | 126 | 110 | 102 |
| Total current liabilities | 44.97 | 47.04 | 101 | 101 | 99.47 | 97.53 | 92.93 |
| Net working capital | (8.10) | (11.68) | 26.02 | 29.49 | 26.04 | 12.11 | 9.12 |
| Total assets | 135 | 144 | 249 | 256 | 253 | 248 | 253 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.40 | 2.32 | 5.84 | 4.71 | 2.05 | 2.12 | 0.39 |
| Net cash from operating activities | 26.21 | 21.97 | 10.30 | 18.99 | 28.10 | 15.31 | 18.14 |
| Net cash from investing activities | 0.73 | (3.37) | (1.13) | (5.22) | (10.65) | (4.21) | (1.50) |
| Net cash from financing activities | (20.99) | (20.52) | (12.69) | (12.63) | (14.80) | (11.18) | (14.91) |
| Net change in cash | 5.95 | (1.92) | (3.52) | 1.14 | 2.66 | (0.07) | 1.73 |
| Closing cash | 22.33 | 15.96 | 17.98 | 19.19 | 16.81 | 3.42 | 3.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +41.2% | +9.2% | -19.9% | -12.9% | +37.4% | +4.5% | - |
| EBITDA growth | +136.4% | -469.9% | -34.5% | -19.1% | +83.6% | +34.5% | - |
| PBT growth | +9998.0% | -3420.3% | - | -33.3% | +9998.0% | +28.7% | -22.9% |
| Net income growth | +103.3% | -1739.4% | -151.4% | -56.0% | +299.0% | -55.8% | - |
| Revenue CAGR (3Y) | +7.3% | -8.7% | -1.4% | +7.7% | +7.2% | -19.5% | -36.2% |
| EBITDA CAGR (3Y) | -4.1% | - | -0.9% | +26.0% | +25.8% | -5.9% | +12.4% |
| Profitability & leverage | |||||||
| Net income margin | -0.5% | -296.9% | -7.2% | +11.2% | +22.2% | -20.3% | -15.0% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | +6.7% | +8.5% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | +3.4% | +9.0% | 0.0% | 0.0% |
| Debt / equity | 3.91 | 1.60 | 1.03 | 1.07 | 1.16 | 1.18 | 1.15 |
| Long-term debt / equity | 1.88 | 0.79 | 0.52 | 0.57 | 0.65 | 0.84 | 0.88 |
| Interest cover | 81.27 | -13.71 | 166.39 | 95.30 | 73.53 | 297.62 | 949.22 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.20 | 0.14 | 0.13 | 0.17 | 0.19 | 0.14 | 0.13 |
| Inventory turnover | 84.86 | 43.97 | 43.81 | 52.36 | 55.10 | 37.03 | 23.95 |
| Debtors turnover | 7.75 | 1.37 | 0.74 | 0.92 | 1.11 | 0.85 | 0.82 |
| EPS (₹) | (0.05) | (20.48) | (0.46) | 0.89 | 2.01 | (1.01) | (0.64) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| Book value per share (₹) | 0.82 | 0.84 | 21.30 | 21.77 | 20.87 | 18.83 | 19.81 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.59 | 0.25 | 4.41 | 11.28 | 2.99 | 0.20 | 3.63 | 7.24 |
| Revenue growth (YoY) | -80.3% | +25.0% | +21.5% | +55.8% | +579.6% | - | - | - |
| Other income | 0.03 | 0.07 | 0.11 | 0.06 | 0.05 | 0.39 | 0.07 | 0.06 |
| Total expenses | 2.03 | 8.00 | 3.00 | 3.51 | 3.81 | 3.53 | 59.72 | 2.21 |
| EBITDA | (1.44) | (7.75) | 1.41 | 7.77 | (0.82) | (3.33) | (56.09) | 5.03 |
| EBITDA margin | -244.1% | -3100.0% | +32.0% | +68.9% | -27.4% | -1665.0% | -1545.2% | +69.5% |
| Depreciation | 0.65 | 0.64 | 0.65 | 0.65 | 0.65 | 0.64 | 0.66 | 0.66 |
| Interest | 0.31 | 0.31 | 0.30 | 0.31 | 0.34 | 0.36 | 0.35 | 0.35 |
| Profit before tax | (2.37) | (8.63) | 0.57 | 6.87 | (1.76) | (3.94) | (57.03) | 4.08 |
| Tax | 0.02 | 3.17 | 0.16 | 0.77 | (0.03) | 12.32 | (0.04) | (0.04) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 18.93 | 11.50 | 9.54 | 12.82 | 12.94 | 11.37 | 10.77 |
| Revenue growth | +64.6% | +20.6% | -25.6% | -0.9% | +13.8% | +5.6% | - |
| Other income | 0.29 | 0.57 | 0.60 | 1.28 | 3.88 | 3.63 | 4.06 |
| Total expenses | 18.31 | 66.90 | 8.02 | 8.39 | 8.62 | 10.36 | 12.63 |
| Employee cost | 2.44 | 2.40 | 2.14 | 2.21 | 2.25 | 3.82 | 4.31 |
| EBITDA | 0.62 | (55.40) | 1.52 | 4.43 | 4.32 | 1.01 | (1.86) |
| EBITDA margin | +3.3% | -481.7% | +15.9% | +34.6% | +33.4% | +8.9% | -17.3% |
| Depreciation | 2.59 | 2.60 | 2.62 | 2.65 | 2.64 | 2.68 | 2.75 |
| Interest | 1.25 | 1.46 | 1.43 | 2.55 | 2.62 | 2.40 | 2.20 |
| Profit before tax | (2.93) | (58.89) | (1.93) | 0.51 | 2.94 | (0.44) | (2.75) |
| Tax | 4.07 | 12.20 | (0.15) | (0.13) | (0.05) | 0.05 | 0.26 |
| Net profit | (4.19) | (25.71) | (1.78) | 0.64 | 2.99 | (0.49) | (3.05) |
| Net profit margin | -22.1% | -223.6% | -18.7% | +5.0% | +23.1% | -4.3% | -28.3% |
| EPS (₹) | (1.48) | (14.97) | (0.37) | 0.14 | 0.63 | (0.10) | (0.63) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 | 47.50 |
| Reserves & surplus | 36.81 | 43.71 | 115 | 117 | 116 | 113 | 113 |
| Shareholders' funds (net worth) | 84.31 | 91.21 | 162 | 164 | 163 | 160 | 161 |
| Secured loans | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.81 | 0.79 |
| Unsecured loans | 17.86 | 23.52 | 28.57 | 24.08 | 21.06 | 20.37 | 17.36 |
| Total debt | 18.03 | 23.52 | 28.57 | 24.08 | 21.06 | 21.18 | 18.15 |
| Total liabilities | - | - | 191 | 188 | 185 | 182 | 180 |
| Assets | |||||||
| Gross block | 45.10 | 45.05 | 45.05 | 45.05 | 45.04 | 44.97 | 44.81 |
| Net block | 17.90 | 20.44 | 23.04 | 25.67 | 28.30 | 30.87 | 33.39 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 56.00 | 57.01 | 79.01 | 79.01 | 79.01 | 79.25 | 79.10 |
| Inventories | 0.22 | 0.61 | 0.53 | 0.54 | 0.52 | 0.67 | 0.72 |
| Sundry debtors | 2.46 | 7.16 | 38.50 | 39.95 | 37.80 | 35.80 | 35.10 |
| Cash & bank balances | 3.44 | 1.79 | 1.72 | 2.20 | 3.48 | 1.46 | 1.45 |
| Loans & advances | 36.97 | 35.49 | 93.43 | 94.62 | 94.04 | 65.93 | 61.60 |
| Total current assets | 43.09 | 45.05 | 134 | 137 | 136 | 104 | 98.87 |
| Total current liabilities | 22.12 | 21.35 | 71.05 | 72.99 | 69.83 | 68.47 | 65.90 |
| Net working capital | 20.97 | 23.70 | 63.13 | 64.32 | 66.01 | 35.39 | 32.97 |
| Total assets | 103 | 115 | 191 | 188 | 185 | 182 | 180 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.16 | 0.06 | 0.85 | 2.13 | 0.09 | 0.07 | 0.16 |
| Net cash from operating activities | 7.71 | 6.52 | (5.86) | (1.57) | 2.51 | 0.30 | (0.86) |
| Net cash from investing activities | (0.32) | (1.25) | 0.99 | (1.73) | 0.68 | (2.69) | 2.04 |
| Net cash from financing activities | (5.73) | (5.19) | 4.09 | 2.03 | (1.15) | 2.41 | (1.26) |
| Net change in cash | 1.66 | 0.09 | (0.79) | (1.27) | 2.03 | 0.02 | (0.09) |
| Closing cash | 3.44 | 1.79 | 1.72 | 2.20 | 3.48 | 1.46 | 1.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +64.6% | +20.6% | -25.6% | -0.9% | +13.8% | +5.6% | - |
| EBITDA growth | +101.1% | -3744.7% | -65.7% | +2.6% | +327.7% | +154.3% | - |
| PBT growth | +95.0% | -2951.3% | - | -82.7% | +9998.0% | +84.0% | +72.2% |
| Net income growth | +83.7% | -1344.4% | -378.1% | -78.6% | +710.2% | +83.9% | - |
| Revenue CAGR (3Y) | +13.9% | -3.9% | -5.7% | +6.0% | -1.0% | -34.4% | -52.9% |
| EBITDA CAGR (3Y) | -48.1% | - | +14.6% | - | - | -21.7% | - |
| Profitability & leverage | |||||||
| Net income margin | -37.0% | -618.2% | -18.7% | +5.0% | +23.1% | -4.3% | -28.0% |
| Return on capital employed | 0.0% | 0.0% | -0.3% | +1.7% | +3.0% | +1.1% | -0.3% |
| Return on net worth | 0.0% | 0.0% | -1.1% | +0.4% | +1.9% | -0.3% | -1.8% |
| Debt / equity | 0.24 | 0.21 | 0.16 | 0.14 | 0.13 | 0.12 | 0.11 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 |
| Interest cover | -63.45 | -2.52 | -130.00 | 143.26 | 155.95 | -143.71 | -47.72 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.42 | 0.26 | 0.21 | 0.28 | 0.29 | 0.25 | 0.24 |
| Inventory turnover | 45.61 | 20.18 | 17.83 | 24.19 | 21.75 | 16.36 | 9.97 |
| Debtors turnover | 3.94 | 0.50 | 0.24 | 0.33 | 0.35 | 0.32 | 0.31 |
| EPS (₹) | (1.48) | (14.97) | (0.37) | 0.14 | 0.63 | (0.10) | (0.63) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| Book value per share (₹) | 17.75 | 19.20 | 34.15 | 34.53 | 34.38 | 33.73 | 33.81 |
Board of Directors of Energy Development Company Limited
Energy Development Company has 7 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaja Kumari Singh Also directs: Sterlite Merchants LLP, Maitri Estates LLP, Edcl - Arunachal Hydro Project Private Limited and 5 more | Director | 05 Feb 1996 | 30 Years 8 Months | Current |
| Vishal Sharma Also directs: Edcl Power Projects Limited, Ayyappa Hydro Power Limited, Legal Corner India LLP and 5 more | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Aman Jain | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Disha Kumari Singh | Director | 30 May 2023 | 3 Years 4 Months | Current |
| Satyendra Pal Singh Also directs: Edcl - Arunachal Hydro Project Private Limited, Fairland Projects Private Limited, Startrack Vinimay Pvt Ltd and 5 more | Whole-Time Director | 12 Feb 2021 | 5 Years 8 Months | Current |
| Neha Purohit Also directs: Edcl Power Projects Limited, Ayyappa Hydro Power Limited, Victor Commercial Co Ltd and 5 more | Additional Director | 23 Nov 2023 | 2 Years 10 Months | Current |
Peer Comparison
Energy Development Company Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Engineering Procurement and Construction, Hydro Power, Project Management), with the same principal business activity (electric power generation, transmission and distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Energy Development Company Limited this company | ₹46.25 Cr (FY 2026) | •••• | •••• | 41.2% | •••• | Kushalnagar, Karnataka, India |
| Renew Green (GJ Ten) Private Limited | ₹42.8 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Delhi, India |
| Renew Sandur Green Energy Private Limited | ₹42.14 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| NSL Wind Power Company (Kayathar) Private Limited | ₹41.85 Cr (FY 2021) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
Peers are the companies nearest to Energy Development Company by revenue, above and below it, in the Infrastructure industry (Engineering Procurement and Construction, Hydro Power, Project Management), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Energy Development Company Limited is audited by A L P S & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A L P S & Co | Locked | Locked | Locked |
: available in the company report
Shareholding Pattern
Shareholding for the quarter ended Sep 2026: promoters hold 58.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 41.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.10% | 58.10% | 58.10% | 58.10% |
| Public | 41.90% | 41.90% | 41.90% | 41.90% |
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jan 2015 | Indian Renewable Energy Development Agency Limited | ₹95 Cr | Open |
| 30 Oct 2006 | Allahabad Bank | ₹40 Cr | Open |
| 20 Jul 2002 | Icici Bank Ltd | ₹20 Cr | Open |
| 12 Oct 2001 | Uti Bank Ltd | ₹20 Cr | Open |
| 20 Jul 2001 | Icici Bank Limited | ₹20 Cr | Open |
Total charge records: 6 View all charges
Deals & Funding
Energy Development Company Limited has 80 deals on record (80 market trades); the latest was in November 2025.
Deals on record (5 of 80)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹1.77 Cr | Buyer: Plutus Research Private Limited , an individual Seller: Plutus Research Private Limited , an individual |
| Apr 2024 | Market trade | ₹75.1 Lakh | Buyer: Yuga Stocks & Commodities Private Limited Seller: Yuga Stocks & Commodities Private Limited |
| Dec 2023 | Market trade | ₹1.81 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited , an individual |
| Sep 2023 | Market trade | ₹50.4 Lakh | Buyer: Algoquant Financials LLP |
| Dec 2021 | Market trade | ₹1.4 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Energy Development Company Limited has 41 court cases on record: 12 filed by Energy Development Company, 29 filed against it. 3 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 21 | 1 |
| High courts | 19 | 8 | 2 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against The Branch Manager Yes Bank Limited and 4 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited (Kptcl), and 2 others | Pending |
| High Court | Writ petition | Filed against the company by Altilium Energie Private Limited | Disposed |
| High Court, KARNATAKA | Appeal | Filed against the company by Altilium Energie Private Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd. | Disposed |
: available in 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
Energy Development Company Limited has 4 MSME Form 1 returns on record between 2020 and 2021, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Energy Development Company Limited has a workforce of 23 employees as of Apr 08, 2025.
: available in the company report
Group Structure
Energy Development Company has 5 subsidiary companies and 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ayyappa Hydro Power Limited | U40100WB2005PLC116955 | - |
| Sarju Valley Hydel Projects Company Private Limited | U40101DL2007PTC160703 | - |
| Eastern Ramganga Valley Hydel Projects Company Private Limited | U40104DL2007PTC160700 | - |
| Edcl - Arunachal Hydro Project Private Limited | U40104WB2010PTC152829 | - |
| Edcl Power Projects Limited | U74140WB2002PLC095242 | - |
Showing major subsidiaries. Total: 5.
Recent Activity
Energy Development Company Limited has 49 board changes on record since 1996: 28 appointments and 21 cessations. The latest: Vijayshree Binnani ceased to be Company Secretary on 03 Sep 2024.
47 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Energy Development Company has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE6969K1ZZ | Karnataka | Active | 01 Jul 2017 |
| 16AAACE6969K1Z6 | Tripura | Active | 01 Jul 2017 |
| 19AAACE6969K1Z0 | West Bengal | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Energy Development Company is an active public limited company based in Kushalnagar, Karnataka, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 19 January 1995 (31+ years old) and is registered under CIN L85110KA1995PLC017003. Listed on BSE: 532219 and NSE: ENERGYDEV.
Energy Development Company reported revenue of ₹46.25 Cr for FY 2025-26 (up 41.2% YoY) based on consolidated financials.
Energy Development Company has 7 current directors:
- Satyendra Pal Singh - Whole-Time Director
- Pankaja Kumari Singh - Director
- Vishal Sharma - Director
- Aman Jain - Director
- Disha Kumari Singh - Director
- Neha Purohit - Additional Director
- Dharam Vir Sharma - Director
The latest financial statements of Energy Development Company on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Energy Development Company is 29AAACE6969K1ZZ, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 16AAACE6969K1Z6 (Tripura), 19AAACE6969K1Z0 (West Bengal).
The CIN (Corporate Identification Number) of Energy Development Company is L85110KA1995PLC017003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Energy Development Company is listed on both BSE (code: 532219) and NSE (symbol: ENERGYDEV).
Energy Development Company has 41 court cases on record: 12 filed by the company and 29 filed against it. 3 are pending. Most are in the district courts.
Energy Development Company was incorporated on 19 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Energy Development Company has 80 deals on record (80 market trades); the latest was in November 2025.
The peers of Energy Development Company by revenue are Renew Green (GJ Ten) Private Limited, Renew Sandur Green Energy Private Limited, NSL Wind Power Company (Kayathar) Private Limited, all in the Infrastructure industry (Engineering Procurement and Construction, Hydro Power, Project Management), with the same principal business activity (electric power generation, transmission and distribution).
Vijayshree Binnani ceased to be Company Secretary on 03 Sep 2024. Neha Purohit was appointed as Additional Director on 23 Nov 2023. Dharam Vir Sharma was appointed as Director on 10 Aug 2023. Energy Development Company has 49 board changes on record in total.