About Maithon Power Limited
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Maithon Power Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Tata Power Company Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 26 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH2000PLC267297. Its GSTIN is 20AACCM8705H1ZS (Jharkhand).
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,508.92 Cr. It is led by directors including Anjali Akhileshwar Pandey and Suranjit Mishra.
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 Corporate Center 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,963.64 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹346.1 Cr (net margin 11.7%) and EBITDA of ₹628.35 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 223 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tata Power. As per MCA filings, the company has open charges of ₹2,586 Cr and satisfied charges of ₹6,058 Cr on record. Court records list 50 cases involving the company, including 33 filed by the company and 17 filed against it; 15 cases are pending. The company has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹486 Cr; the latest was in January 2013. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 71 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatapower.com.
Company details
CIN history
Maithon Power has one previous CIN (Corporate Identification Number): U74899DL2000PLC106999. The current CIN is U74899MH2000PLC267297, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH2000PLC267297 | Current |
| U74899DL2000PLC106999 | Previous |
Contact details
Maithon Power Limited's registered office is in Mumbai, Maharashtra. Its website is tatapower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressCorporate Center 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Maithon Power 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
Maithon Power operates one associated brand: Tata Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity generation, transmission, and distribution services are provided. | tatapower.com |
Business activity
The main business activity of Maithon 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 Maithon Power Limited, buy the company report.
Financials of Maithon Power Limited
FY 2025 filings availableMaithon Power Limited reported revenue of ₹2,963.64 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2,963.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹628.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹346.1 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 11.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Maithon Power Limited, buy the company report.
Board of directors of Maithon Power Limited
Maithon Power has 7 current directors and 79 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Akhileshwar Pandey Also directs: TP Urja Limited, Prayagraj Power Generation Company Limited, TP Vardhaman Surya Limited and 1 more | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Suranjit Mishra Also directs: Tata Power Delhi Distribution Limited, TP Ajmer Distribution Limited, Tata Power Transmission Company Limited and 1 more | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Joydeep Mukherjee | Director | 08 Feb 2021 | 5 Years 9 Months | Current |
| Ravimohan Periyakavil Ramakrishnan | Director | 20 Mar 2023 | 3 Years 7 Months | Current |
| Narendra Nath Misra Also directs: Adani Power Limited, Barmer Lignite Mining Company Limited, Odisha Power Generation Corporation Limited and 5 more | Director | 23 Mar 2023 | 3 Years 7 Months | Current |
| Amar Jit Chopra | Director | 31 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Maithon Power Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2025 | 301003E/E300005 |
Shareholding
The shareholding of Maithon Power Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maithon Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2021 | 100467190 | Others | ₹537 Cr | Open | |
| 22 Jan 2021 | 100427371 | Sbicap Trustee Company Limited | ₹199 Cr | Open | |
| 29 Dec 2020 | 100405212 | Sbicap Trustee Company Limited | ₹225 Cr | Open | |
| 18 Sep 2020 | 100375368 | Axis Bank Limited | ₹100 Cr | Open | |
| 28 Jan 2020 | 100324569 | Sbicap Trustee Company Limited | ₹500 Cr | Open |
To see the full charge records of Maithon Power Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Maithon Power Limited has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹486 Cr; the latest was in January 2013.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2013 | Rights issue | ₹174 Cr | Investors: The Tata Power Company Limited , Damodar Valley Corporation |
| Sep 2010 | Funding round | ₹486 Cr | Investors: The Tata Power Company Limited , Damodar Valley Corporation |
| Dec 2008 | Rights issue | ₹619 Cr | Investors: The Tata Power Company Limited , Damodar Valley Corporation |
| Jul 2006 | Rights issue | ₹224.5 Cr | Investors: The Tata Power Company Limited , Damodar Valley Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maithon Power Limited has 50 court cases on record: 33 filed by Maithon Power, 17 filed against it. 15 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 8 | 7 |
| High courts | 21 | 7 | 3 |
| Supreme Court | 8 | 2 | 5 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| 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 Tata Power Delhi Distribution Limited Through Its Ceo and Managing Director Having Its Registered Office at 33 KV Grid Sub Station Building, Hudson Lane, Kingsway Camp , District: New Delhi ,New Delhi , Delhi and 4 others | Pending |
| District court, Dhanbad, Jharkhand | Criminal complaint | Filed against the company by an individual | Pending |
| District court, RAMGARH, Jharkhand | Court case (Original Suit) | Filed against the company | Pending |
| High Court of Jharkhand | Appeal | Filed against the company | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr. | Pending |
To see the full case history of Maithon Power 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
Maithon Power Limited was last rated by Care on 22 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Jun 2026 |
To see the full credit ratings and regulatory alerts of Maithon Power Limited, buy the company report.
MSME payment delays
Maithon Power Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 71 overdue payments to 30 micro and small suppliers. 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 (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Techno Facility and Management Services | |||
| an individual supplier | |||
| Mitra S K Pvt Ltd | |||
| Vega India Level and Pressure Measurement Private Limited |
To see the full MSME payment records of Maithon Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Maithon Power Limited has a workforce of 223 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 | 223 |
| 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 Maithon Power Limited, buy the company report.
GST
Maithon Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AACCM8705H1ZS | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maithon Power Limited, buy the company report.
Recent activity
Maithon Power Limited has 79 board changes on record since 2006: 7 appointments and 72 cessations. The latest: Dinesh Kumar Singh ceased to be Additional Director on 23 Sep 2025.
102 earlier events are in the company report.
News
Frequently asked questions
Maithon Power is an active public limited company based in Mumbai, Maharashtra, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 26 July 2000 (26+ years old) and is registered under CIN U74899MH2000PLC267297.
Maithon Power has 7 current directors:
- Anjali Akhileshwar Pandey - Director
- Suranjit Mishra - Director
- Joydeep Mukherjee - Director
- Ravimohan Periyakavil Ramakrishnan - Director
- Narendra Nath Misra - Director
- Amar Jit Chopra - Director
- Dinesh Kumar Singh - Director
The latest financial statements of Maithon Power 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 Maithon Power is 20AACCM8705H1ZS, registered in Jharkhand.
The CIN (Corporate Identification Number) of Maithon Power is U74899MH2000PLC267297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maithon Power has 50 court cases on record: 33 filed by the company and 17 filed against it. 15 are pending. Most are in the district courts.
Maithon Power was incorporated on 26 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Maithon Power has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹486 Cr; the latest was in January 2013.
Dinesh Kumar Singh ceased to be Additional Director on 23 Sep 2025. Dinesh Kumar Singh was appointed as Director on 16 Jul 2025. Anjali Akhileshwar Pandey ceased to be Additional Director on 15 Jan 2025. Maithon Power has 79 board changes on record in total.
Maithon Power has 9 MSME Form 1 returns on record between 2019 and 2024, listing 71 overdue payments to 30 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Maithon Power can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
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