Gulbarga Electricity Supply Company Limited

State-owned electricity distribution company serving six districts in Karnataka with 3.22 million consumers.

2002 | Gulbarga, Karnataka (India) | Active
Last Updated: October 24, 2024

Who are the key members and board of directors at Gulbarga Electricity Supply Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Ravindra Karlingannavar Country flag representing InManaging Director05-Sep-2023Current
Kiran Policepatil Country flag representing InCompany Secretary29-Nov-2019Current
Santosh HebareCFO25-Jul-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Pankaj Pandey Country flag representing In Director 06-Jun-2023Current
Rajee Jayakumar Country flag representing In Director 15-Mar-2024Current
Bhanwar Meena Country flag representing In Director 10-Jul-2023Current
Basavaraju Krishna Country flag representing In Director 22-Aug-2024Current
Shivanna Country flag representing In Director 07-Nov-2022Current
Boganahalli Vijay Country flag representing In Director 15-Jul-2023Current

Financial Performance of Gulbarga Electricity Supply Company.

Gulbarga Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.85% increase. The company also saw a substantial fall in profitability, with a 2764.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.45%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.85%
Revenue from Operations
25.48%
Total Assets
9.78%
Profit or Loss
-2764.60%
Net Worth
-28.45%
EBITDA
-32.39%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹5,752.40 Cr

Satisfied Charges

₹1,877.83 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2190.00 Cr
  • Others : 1893.22 Cr
  • Bank Of India : 1000.00 Cr
  • Rural Electrification Corporation Limited : 669.18 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2023State Bank Of India₹990.00 CrOpen
29 Sep 2023Others₹250.00 CrOpen
24 Mar 2023Others₹243.20 CrOpen
14 Sep 2022Others₹400.00 CrOpen
27 Dec 2021State Bank Of India₹300.00 CrOpen

How Many Employees Work at Gulbarga Electricity Supply Company?

Gulbarga Electricity Supply Company has a workforce of 8 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Gulbarga Electricity Supply Company

Recent activity within the organization

  • Director Appointment

    Basavaraju Gopal Krishna was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 5 months 6 days .

    22 Aug 2024

  • Director Appointment

    Balaram Krishanappa was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 5 months 6 days .

    22 Aug 2024

  • Director Appointment

    Nakenkada Ramaswamy Maraswamy Nagarajan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Aug 2024 & has been associated with this company since 5 months 7 days .

    21 Aug 2024

  • Director Appointment

    Santosh Hebare was appointed as a Cfo was appointed as a Cfo on 25 Jul 2024 & has been associated with this company since 6 months 4 days .

    25 Jul 2024

  • Charges

    A charge registered on 03 Jun 2009 via Charge ID 10163921 with Rural Electrification Corporation Limited was fully satisfied on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge registered on 30 Jun 2008 via Charge ID 10167160 with Rural Electrification Corporation Limited was fully satisfied on 21 Jun 2024.

    21 Jun 2024

Frequently asked questions

  • Gulbarga Electricity Supply Company Limited was incorporated on 30 Apr 2002.

  • The authorized share capital of Gulbarga Electricity Supply Company Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 1,790.88 Cr.

  • Currently 12 directors are associated with Gulbarga Electricity Supply Company Limited.

    • Pankaj Kumar Pandey
    • Rajee Jayakumar
    • Bhanwar Singh Meena
    • Basavaraju Gopal Krishna
    • Shivanna
    • Boganahalli Prakash Vijay
    • Sunkadakal Padmavathi
    • Ravindra Ningappa Karlingannavar
    • Balaram Krishanappa
    • Nakenkada Ramaswamy Maraswamy Nagarajan
    • Kiran Prakashgoud Policepatil
    • Santosh Hebare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gulbarga Electricity Supply Company Limited is Main Road India, Gulbarga, Karnataka, 585102.

  • The corporate identification number (CIN) of Gulbarga Electricity Supply Company Limited is U04010KA2002SGC030436 and the company number is 030436 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gulbarga Electricity Supply Company Limited is https://www.gescom.karnataka.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gulbarga Electricity Supply Company Limited has risen by 23.85%.

  • As Per 2023 financial reports, 8 employees are currently employed by Gulbarga Electricity Supply Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gulbarga Electricity Supply Company Limited has experienced an downturn of -28.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gulbarga Electricity Supply Company Limited amount to ₹ 5,752.40 Cr.

  • The most recent Balance Sheet for Gulbarga Electricity Supply Company Limited was filed with the ROC on 31 Mar 2023.

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