Fortune India 500 2025 edition
Rank#370- Total income
- ₹6,568 Cr
- Profit
- ₹717 Cr
Last year #328
Jamnagar Utilities & Power Private Limited - utilities in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6,567.97 Cr
▼ 3% YoY
Net profit · FY 2025
₹717.47 Cr
Net margin 10.9%
EBITDA · FY 2025
₹4,874.95 Cr
EBITDA margin 74.2%
Authorised capital
₹8,250 Cr
Registered with MCA
Paid-up capital
₹7,720.69 Cr
Issued & subscribed
Open charges
₹11,150 Cr
Satisfied ₹18,383 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
388
Provident fund records
About Jamnagar Utilities & Power Private Limited
Data last updated:
Jamnagar Utilities & Power Private Limited is a private limited company based in Jamnagar, Gujarat, India, a subsidiary of Reliance Industries Holding Private Limited. It operates in the power utilities and services segment of the utilities sector. It was incorporated on 04 January 1991 and has been in existence for over 35 years.
Jamnagar Utilities and Power is ranked #370 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40100GJ1991PTC051130. Its GSTIN is 24AAACR3893B2ZL (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹8,250 Cr and a paid-up capital of ₹7,720.69 Cr. It was formerly known as Reliance Utilities and Power Private Limited and Reliance Utilities and Power Limited. It is led by directors including Satish Ramanlal Parikh and Virenderkumar Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cpp Control Room Village Padana Taluka Lalpur District Jamnagar, Gujarat, India – 361280.
As per the financials filed for FY 2025, the company reported a revenue of ₹6,567.97 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹717.47 Cr (net margin 10.9%) and EBITDA of ₹4,874.95 Cr (EBITDA margin 74.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 388 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Jupi. As per MCA filings, the company has open charges of ₹11,150 Cr and satisfied charges of ₹18,383 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 4 cases are pending. The company has 8 deals on record (4 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹5,001 Cr; the latest was in December 2020. Its 6 peer companies in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 2 smaller; the largest is Gujarat State Electricity Corporation Limited with revenue of ₹13,945 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 jupl.co.in.
Company details
CIN U40100GJ1991PTC051130
Registration Number 051130
Incorporation Date 04 January 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Reliance Industries Holding Private Limited
Compliance Status Active Compliant
Name history
Jamnagar Utilities & Power has undergone 2 name changes throughout its history. The company was previously known as Reliance Utilities And Power Private Limited, and Reliance Utilities And Power Limited. The current legal name is Jamnagar Utilities & Power Private Limited.
| Company Name | Status |
|---|---|
| Jamnagar Utilities & Power Private Limited | Current |
| Reliance Utilities And Power Private Limited | Previous |
| Reliance Utilities And Power Limited | Previous |
CIN history
Jamnagar Utilities & Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40100GJ1991PTC051130, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100GJ1991PTC051130 | Current |
| U40100MH1991PLC059676 | Previous |
| U40100GJ1991PLC051130 | Previous |
Key People
Mohana Venkatachalam Nominee Director Satish Ramanlal Parikh Director Virenderkumar Gandhi Director Recognitions & Rankings of Jamnagar Utilities & Power
Contact details
Jamnagar Utilities & Power Private Limited's registered office is in Jamnagar, Gujarat. Its website is jupl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCpp Control Room Village Padana Taluka Lalpur District Jamnagar, Gujarat, India – 361280
- IndustryUtilities, Power Utilities & Services
To see the full contact details of Jamnagar Utilities & Power Private Limited, buy the company report.
Comprehensive company report
Jamnagar Utilities & Power Private Limited - one report that includes everything
- 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
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Brands
Jamnagar Utilities & Power operates one associated brand: Jupi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Runs a direct-to-consumer brand for designing and ordering custom clothing. | jupi.co.in |
Business activity
The main business activity of Jamnagar Utilities & Power 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 Jamnagar Utilities & Power Private Limited, buy the company report.
Financials of Jamnagar Utilities & Power Private Limited
FY 2025 filings availableJamnagar Utilities & Power Private Limited reported revenue of ₹6,567.97 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹6,567.97 Cr ▼ 3%
Net profit · FY 2025
₹717.47 Cr margin 10.9%
EBITDA · FY 2025
₹4,874.95 Cr margin 74.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 1%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 5%
5 years · compounded
▲ 6%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 17% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4,874.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹717.47 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 74.2% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Jamnagar Utilities & Power Private Limited, buy the company report.
Board of directors of Jamnagar Utilities & Power Private Limited
Jamnagar Utilities & Power has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohana Venkatachalam Also directs: Sikka Ports & Terminals Limited, Jio Finance Platform and Service Limited, Jio Allianz General Insurance Limited and 4 more | Nominee Director | 13 Feb 2024 | 2 Years 8 Months | Current |
| Satish Ramanlal Parikh | Director | 04 Feb 2005 | 21 Years 9 Months | Current |
| Virenderkumar Gandhi | Director | 07 Jan 2002 | 24 Years 9 Months | Current |
| Anantharaman Seetharaman Also directs: Reliance Industries Holding Private Limited | Director | 29 May 2017 | 9 Years 5 Months | Current |
| Forum Jay Sheth Also directs: Gyandhara Commercials LLP, Himganga Commercials LLP, Adisesh Enterprises LLP and 5 more | Nominee Director | 31 Mar 2022 | 4 Years 7 Months | Current |
| Natarajan Gnanaskandan Tanjore | Director | 29 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Jamnagar Utilities & Power Private Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Power Projects), 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 |
|---|---|---|---|---|---|---|
| Gujarat State Electricity Corporation Limited | ₹13,945 Cr (FY 2025) | -1.0% | Vadodara, Gujarat, India | |||
| Renew Private Limited | ₹10,878 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Tata Power Renewable Energy Limited | ₹10,046 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Haryana Power Generation Corporation Ltd | ₹7,166.8 Cr (FY 2025) | 12.0% | Panchkula, Haryana, India | |||
| Jamnagar Utilities & Power Private Limitedthis company | ₹6,567.97 Cr (FY 2025) | ₹717.47 Cr | 10.9% | -3.0% | 388 | Jamnagar, Gujarat, India |
| Pragati Power Corporation Limited | ₹3,983.02 Cr (FY 2022) | 28.0% | New Delhi, Delhi, India | |||
| Resonia Limited | ₹3,463.21 Cr (FY 2025) | 749.0% | Haryana, India |
To see the full peer comparison of Jamnagar Utilities & Power Private Limited, buy the company report.
Auditor
Jamnagar Utilities & Power Private Limited is audited by Chaturvedi & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah LLP | FY 2023 | 101720W/W100355 |
Shareholding
The shareholding of Jamnagar Utilities & Power Private 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jamnagar Utilities & Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11,150 Cr
Satisfied charges
₹18,383 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2024 | 100993707 | Others | ₹2,000 Cr | Open | |
| 10 Aug 2023 | 100757919 | Others | ₹3,350 Cr | Open | |
| 23 Mar 2023 | 100688886 | Others | ₹1,800 Cr | Open | |
| 30 Sep 2021 | 100492947 | Others | ₹4,000 Cr | Open | |
| 26 Mar 2021 | 100437759 | Others | ₹25 Lakh | Satisfied |
To see the full charge records of Jamnagar Utilities & Power Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Jamnagar Utilities & Power Private Limited has 8 deals on record (4 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹5,001 Cr; the latest was in December 2020.
Total deals
8
Secondary share transfers
4
Funding rounds
2
Acquisitions
2
Disclosed funding
₹5,001 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Reliance Industries Holding Private Limited Seller: Tiruttani Infralog Private Limited |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Reliance Industries Holding Private Limited Seller: Sikka Ports & Terminals Limited , Priyash Commercials Private Limited |
| Mar 2012 | Acquisition | Undisclosed | Buyer: Reliance Industries Holding Private Limited Seller: Tiruttani Infralog Private Limited |
| May 2010 | Acquisition | Undisclosed | Buyer: Tiruttani Infralog Private Limited Seller: Yashasvi Holdings Pvt Ltd, Vicraze Investments and Trading Company Private Limited , Jigna Fiscal Services Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Yashasvi Holdings Pvt Ltd, Proline Investments Pvt Ltd, Shangrila Investments and Trading Compan Y Private Limited Seller: Reliance Life Sciences Private Limited , Anumati Mercantile Private Limited , Bhumika Trading Private Limited |
To see the full deal history of Jamnagar Utilities & Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jamnagar Utilities & Power Private Limited has 10 court cases on record: 4 filed by Jamnagar Utilities & Power, 6 filed against it. 4 cases are pending and 6 are disposed.
Total cases
10
Filed by the company
4
Filed against the company
6
Pending
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 3 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against Registrar of Companies, Gujarat and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Pending |
| Bombay High Court | Court case (REVN) | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by The Registrar of Companies | Disposed |
To see the full case history of Jamnagar Utilities & Power Private 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
Jamnagar Utilities & Power Private Limited was last rated by Care on 27 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Jul 2026 |
To see the full credit ratings and regulatory alerts of Jamnagar Utilities & Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jamnagar Utilities & Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jamnagar Utilities & Power has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Jupl Distribution GJ Private Limited | U40106GJ2022PTC137844 | |
| Jupl Distribution MH Private Limited | U40107MH2022PTC396006 |
To see the full group structure of Jamnagar Utilities & Power Private Limited, buy the company report.
Employees & EPFO
Jamnagar Utilities & Power Private Limited has a workforce of 388 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
388
Active EPFO establishments
1
Employee growth
-6.05%
GST
Jamnagar Utilities & Power has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR3893B2ZL | Gujarat | Active | 28 Jun 2017 |
| 24AAACR3893B1ZM | Gujarat | Active | 01 Jul 2017 |
| 24AAACR3893B3ZK | Gujarat | Active | 02 Jul 2017 |
| 27AAACR3893B2ZF | Maharashtra | Active | 19 Mar 2025 |
To see the full GST registrations and return filing status of Jamnagar Utilities & Power Private Limited, buy the company report.
Recent activity
Jamnagar Utilities & Power Private Limited has 21 board changes on record since 2002: 8 appointments and 13 cessations. The latest: Kiritkumar Manubhai Brahmbhatt was appointed as Manager on 01 Jan 2025.
AGM
Jamnagar Utilities & Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jamnagar Utilities & Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Kiritkumar Manubhai Brahmbhatt was appointed as Manager.
Charges
A charge with Others amounted to Rs. 2,000.00 Cr with Charge ID 100993707 was registered on 24 Oct 2024.
Charges
A charge registered on 23 Sep 2014 via Charge ID 10528282 with Axis Trustee Services Limited was fully satisfied on 23 Sep 2024.
Ceased
Mohana Venkatachalam ceased to be Additional Director.
Appointed
Mohana Venkatachalam was appointed as Nominee Director.
Charges
A charge registered on 03 Sep 2013 via Charge ID 10451685 with Axis Trustee Services Limited was fully satisfied on 31 Jan 2024.
Charges
A charge with Others amounted to Rs. 3,350.00 Cr with Charge ID 100757919 was registered on 10 Aug 2023.
Charges
A charge registered on 17 Jan 2018 via Charge ID 100151976 with Others was fully satisfied on 24 Jul 2023.
Charges
A charge with Others amounted to Rs. 1,800.00 Cr with Charge ID 100688886 was registered on 23 Mar 2023.
Ceased
Kiritkumar Manubhai Brahmbhatt ceased to be Manager.
72 earlier events are in the company report.
Frequently asked questions
Jamnagar Utilities & Power is an active private limited company based in Jamnagar, Gujarat, India. The company works in power utilities and services, within the utilities industry. It was incorporated on 04 January 1991 (35+ years old) and is registered under CIN U40100GJ1991PTC051130.
Jamnagar Utilities & Power has 6 current directors:
- Mohana Venkatachalam - Nominee Director
- Satish Ramanlal Parikh - Director
- Virenderkumar Gandhi - Director
- Anantharaman Seetharaman - Director
- Forum Jay Sheth - Nominee Director
- Natarajan Gnanaskandan Tanjore - Director
The latest financial statements of Jamnagar Utilities & Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jamnagar Utilities & Power is 24AAACR3893B2ZL, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACR3893B1ZM (Gujarat), 24AAACR3893B3ZK (Gujarat), 27AAACR3893B2ZF (Maharashtra).
The CIN (Corporate Identification Number) of Jamnagar Utilities & Power is U40100GJ1991PTC051130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jamnagar Utilities & Power has 10 court cases on record: 4 filed by the company and 6 filed against it. 4 are pending. Most are in the high courts.
Jamnagar Utilities & Power was incorporated on 04 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jamnagar Utilities & Power has 8 deals on record (4 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹5,001 Cr; the latest was in December 2020.
The peers of Jamnagar Utilities & Power by revenue are Gujarat State Electricity Corporation Limited, Renew Private Limited, Tata Power Renewable Energy Limited, Haryana Power Generation Corporation Ltd, Pragati Power Corporation Limited and 1 more, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Kiritkumar Manubhai Brahmbhatt was appointed as Manager on 01 Jan 2025. Mohana Venkatachalam ceased to be Additional Director on 18 Mar 2024. Mohana Venkatachalam was appointed as Nominee Director on 13 Feb 2024. Jamnagar Utilities & Power has 21 board changes on record in total.
Jamnagar Utilities & Power can be reached through the website jupl.co.in. Its registered office is in Jamnagar, Gujarat, India.
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