About Grid Controller of India Limited
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Grid Controller of India Limited is a public limited union government company based in New Delhi, Delhi, India, a subsidiary of Power Grid Corporation Of India Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 20 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40105DL2009GOI188682. Its GSTIN is 07AAFCP2086B1ZO (Delhi). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹40.85 Cr. It was formerly known as Power System Operation Corporation Limited. It is led by directors including Samir Chandra Saxena (Managing Director) and Rajiv Kumar Porwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor B – 9 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2023, the company reported a revenue of ₹418.45 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹58.18 Cr (net margin 13.9%) and EBITDA of ₹69.33 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 652 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grid-India. As per MCA filings, the company has open charges of ₹251 Cr on record. Court records list 85 cases involving the company, including 6 filed by the company and 79 filed against it; 47 cases are pending. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in January 2017. Its 6 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, 3 larger and 3 smaller; the largest is Manipur State Power Company Limited with revenue of ₹395.8 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 posoco.in.
Company details
Contact details
Grid Controller of India Limited's registered office is in New Delhi, Delhi. Its website is posoco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor B – 9 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Grid Controller of India 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
Grid Controller of India operates one associated brand: Grid-India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power grid management and electricity market operations in India. | srldc.in |
Business activity
The main business activity of Grid Controller of India 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 Grid Controller of India Limited, buy the company report.
Financials of Grid Controller of India Limited
FY 2025 filings availableGrid Controller of India Limited reported revenue of ₹418.45 Cr (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 16% growth in the latest year. EBITDA rose 27% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹418.45 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.18 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | 13.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Grid Controller of India Limited, buy the company report.
Board of directors and KMP of Grid Controller of India Limited
Grid Controller of India Limited currently reports 7 directors and 1 key managerial person. 48 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Sinha | Nominee Director | 19 Mar 2024 | 2 Years 7 Months | Current |
| Rajiv Kumar Porwal | Whole-Time Director | 07 Jul 2023 | 3 Years 4 Months | Current |
| Paresh Rasikbhai Ranpara Also directs: NHPC Limited | Whole-Time Director | 31 May 2023 | 3 Years 5 Months | Current |
| Ravindra Ramdas Borawake | Director | 17 Apr 2025 | 1 Years 6 Months | Current |
| Samir Chandra Saxena | Managing Director | 20 Jul 2024 | 2 Years 3 Months | Current |
| Amit Kumar Jain | Cfo | 26 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Grid Controller of India Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Grid Controller of India Limitedthis company | ₹418.45 Cr (FY 2023) | ₹58.18 Cr | 13.9% | 16.0% | 652 | New Delhi, Delhi, India |
| Manipur State Power Company Limited | ₹395.8 Cr (FY 2015) | Imphal, Manipur, India | ||||
| Adani Solar Energy Jaisalmer One Private Limited | ₹370.1 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| TP Bikaner III Neemrana II Transmission Limited | ₹361.46 Cr (FY 2025) | 1733.0% | Delhi, India | |||
| Indraprastha Power Generation Company Limited | ₹328.37 Cr (FY 2022) | 11.0% | New Delhi, Delhi, India | |||
| NSL Renewable Power Private Limited | ₹308.64 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India | |||
| H. P. Power Transmission Corporation Limited | ₹289.76 Cr (FY 2024) | 8.0% | Shimla, Himachal Pradesh, India |
To see the full peer comparison of Grid Controller of India Limited, buy the company report.
Auditor
Grid Controller of India Limited is audited by NKS Chauhan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NKS Chauhan & Associates | FY 2023 | 013940N |
Shareholding
The shareholding of Grid Controller of India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grid Controller of India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2025 | 101139343 | State Bank of India | ₹251 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Grid Controller of India Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in January 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: President Of India Seller: Power Grid Corporation of India Limited |
| Mar 2011 | Acquisition | ₹30.59 Cr | Buyer: Power Grid Corporation of India Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grid Controller of India Limited has 85 court cases on record: 6 filed by Grid Controller of India, 79 filed against it. 47 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 59 | 39 |
| Supreme Court | 16 | 16 | 7 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company by The Tata Power Company Limited | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Gna Energy Private Limited and Another | Pending |
| Madras High Court | Writ petition | Filed against the company by The Tata Power Company Limited | Pending |
| High Court of Delhi | Writ petition | Filed against the company by New Age Markets in Electricity Private Limited | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by Adani Green Energy Limited and 2 others | Pending |
To see the full case history of Grid Controller of India 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 Grid Controller of India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grid Controller of India Limited has a workforce of 652 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 | 652 |
| 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 | |
| FY 2016-17 |
To see the full employee and EPFO history of Grid Controller of India Limited, buy the company report.
GST
Grid Controller of India has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCP2086B1ZO | Delhi | Active | 01 Jul 2017 |
| 07AAFCP2086B2ZN | Delhi | Active | 21 Jul 2017 |
| 07AAFCP2086B3ZM | Delhi | Active | 23 Jul 2017 |
| 07AAFCP2086B1DX | Delhi | Active | 06 Nov 2018 |
To see the full GST registrations and return filing status of Grid Controller of India Limited, buy the company report.
Recent activity
Grid Controller of India Limited has 55 board changes on record since 2009: 10 appointments and 45 cessations. The latest: Aadhar Raj was appointed as Additional Director on 06 Feb 2026.
47 earlier events are in the company report.
Frequently asked questions
Grid Controller of India is an active public limited union government company based in New Delhi, Delhi, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 20 March 2009 (17+ years old) and is registered under CIN U40105DL2009GOI188682.
Grid Controller of India has 8 current directors and KMP:
- Samir Chandra Saxena - Managing Director
- Rajiv Kumar Porwal - Whole-Time Director
- Paresh Rasikbhai Ranpara - Whole-Time Director
- Anjali Sinha - Nominee Director
- Ravindra Ramdas Borawake - Director
- Aadhar Raj - Additional Director
- Usha Sethumadhavan - Additional Director
- Amit Kumar Jain - Cfo
The latest financial statements of Grid Controller of India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grid Controller of India is 07AAFCP2086B1ZO, registered in Delhi. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAFCP2086B2ZN (Delhi), 07AAFCP2086B3ZM (Delhi), 07AAFCP2086B1DX (Delhi).
The CIN (Corporate Identification Number) of Grid Controller of India is U40105DL2009GOI188682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grid Controller of India has 85 court cases on record: 6 filed by the company and 79 filed against it. 47 are pending. Most are in the high courts.
Grid Controller of India was incorporated on 20 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Grid Controller of India has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in January 2017.
The peers of Grid Controller of India by revenue are Manipur State Power Company Limited, Adani Solar Energy Jaisalmer One Private Limited, TP Bikaner III Neemrana II Transmission Limited, Indraprastha Power Generation Company Limited, NSL Renewable Power Private Limited and 1 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Aadhar Raj was appointed as Additional Director on 06 Feb 2026. Usha Sethumadhavan was appointed as Additional Director on 28 Jan 2026. Nagulapalli Srikant ceased to be Nominee Director on 01 Jan 2026. Grid Controller of India has 55 board changes on record in total.
Grid Controller of India can be reached through the website posoco.in. Its registered office is in New Delhi, Delhi, India.
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