About Meghalaya Power Limited
Data last updated:
Meghalaya Power Limited was a public limited company based in Lumshnong, Meghalaya, India, operated as a subsidiary of Star Cement Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 04 October 2002.
The company was registered with the Registrar of Companies (ROC), Guwahati, under CIN U40108ML2002PLC006921. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.13 Cr. It was led by directors including Ghanshyam Agarwal (Managing Director) and Nirmalya Bhattacharyya.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Village: Lumshnong P.O.Khaliehriat, Meghalaya, India – 793200.
As per the financials filed for FY 2023, the company reported a revenue of ₹149.82 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 2%) and EBITDA of ₹15.19 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company had about 61 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Star Cement. As per MCA filings, the company had satisfied charges of ₹212.59 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹69.48 Cr; the latest was in March 2021. Its 7 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, 4 larger and 3 smaller; the largest is Powergrid Bhuj Transmission Limited with revenue of ₹157.07 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 20 overdue payments to 13 micro and small suppliers.
The last known website on record is starcement.co.in.
Company details
CIN history
Meghalaya Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40108ML2002PLC006921, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108ML2002PLC006921 | Current |
| U40108ML2002PTC006921 | Previous |
| U40108ML2002SGC006921 | Previous |
Contact details
Meghalaya Power Limited's registered office is in Lumshnong, Meghalaya. Its website is starcement.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage: Lumshnong P.O.Khaliehriat, Meghalaya, India – 793200
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Meghalaya 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
Meghalaya Power operates one associated brand: Star Cement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Star Cement is recognized as a leading cement manufacturer in Eastern India. | starcement.co.in |
Business activity
The main business activity of Meghalaya 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 Meghalaya Power Limited, buy the company report.
Financials of Meghalaya Power Limited
FY 2023 filings availableMeghalaya Power Limited reported revenue of ₹149.82 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 10% growth in the latest year. EBITDA fell 3% 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 | ₹149.82 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.02 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 2% | ||||
| 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 Meghalaya Power Limited, buy the company report.
Board of directors and KMP of Meghalaya Power Limited
Meghalaya Power Limited currently reports 7 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmalya Bhattacharyya Also directs: Star Cement Limited, Star Cement Meghalaya Limited, Shyam Century Ferrous Limited and 1 more | Director | 01 Apr 2023 | 3 Years 7 Months | As last reported |
| Rangbahduh Khonglah | Director | 01 Mar 2008 | 18 Years 8 Months | As last reported |
| Lamshwa Kyndoh Also directs: Meghalaya Limes Private Limited, Meghalaya Minerals & Mines Limited, Greystones Industries Private Limited and 2 more | Director | 02 May 2007 | 19 Years 6 Months | As last reported |
| Sajjan Bhajanka Also directs: Century Plyboards (India) Ltd., Star Cement Limited, Brijdham Merchants Pvt Ltd and 5 more | Director | 25 May 2006 | 20 Years 5 Months | As last reported |
| Prem Kumar Bhajanka Also directs: Century Plyboards (India) Ltd., Star Cement Limited, Century Adhesives & Chemicals Limited and 4 more | Director | 21 Dec 2009 | 16 Years 10 Months | As last reported |
| Amit Kiran Deb | Director | 01 Apr 2020 | 6 Years 7 Months | As last reported |
Peer comparison
Meghalaya Power Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Powergrid Bhuj Transmission Limited | ₹157.07 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Powergrid Khetri Transmission System Limited | ₹156.51 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| MP Power Transmission Package-Ii Limited | ₹155.73 Cr (FY 2025) | 234.0% | Ahmedabad, Gujarat, India | |||
| Odisha Generation Phase-Ii Transmission Limited | ₹153.64 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Meghalaya Power Limitedthis company | ₹149.82 Cr (FY 2023) | ₹3.02 Cr | 2% | 10.0% | 61 | Lumshnong, Meghalaya, India |
| Koppal-Narendra Transmission Limited | ₹147.7 Cr (FY 2024) | -76.0% | New Delhi, Delhi, India | |||
| Meghalaya Power Transmission Corporation Limited | ₹142.98 Cr (FY 2024) | 66.0% | Shillong, Meghalaya, India | |||
| Powerlinks Transmission Limited | ₹138.83 Cr (FY 2023) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Meghalaya Power Limited, buy the company report.
Auditor
Meghalaya Power Limited is audited by SINGHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & CO. | FY 2023 | 302049E |
Shareholding
The shareholding of Meghalaya Power Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meghalaya Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2015 | 10583125 | Icici Bank Limited | ₹24.45 Lakh | Satisfied | |
| 29 May 2013 | 10431034 | Icici Bank Limited | ₹8.68 Lakh | Satisfied | |
| 20 May 2013 | 10429403 | Icici Bank Limited | ₹43.5 Lakh | Satisfied | |
| 07 Mar 2011 | 10278797 | Others | ₹18 Cr | Satisfied | |
| 31 May 2010 | 10227522 | State Bank of India | ₹120 Cr | Satisfied |
To see the full charge records of Meghalaya Power Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Meghalaya Power Limited has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹69.48 Cr; the latest was in March 2021.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Star Cement Limited Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Star Cement Limited Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Star Cement Limited Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Star Cement Limited Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Star Cement Limited Seller: an individual |
To see the full deal history of Meghalaya Power 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
Meghalaya Power Limited has 4 court cases on record: 3 filed by Meghalaya Power, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Court case (Motor Vehicle Act) | Filed against the company by State of Assam | Pending |
| NCLT, Guwahati | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Guwahati | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against The State of Meghalaya Thru Secretary Additional Secretariat Building, , District: Shillong , , Meghalaya and 4 others | Disposed |
To see the full case history of Meghalaya 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
Meghalaya Power Limited was last rated by Icra on 10 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 Dec 2021 |
To see the full credit ratings and regulatory alerts of Meghalaya Power Limited, buy the company report.
MSME payment delays
Meghalaya Power Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 20 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| National Marketing Enterprises | |||
| an individual supplier | |||
| Subhasurya Energy and Engineering Services Private Limited |
To see the full MSME payment records of Meghalaya Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Meghalaya Power Limited has a workforce of 61 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Meghalaya Power has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Meghalaya Power Limited, buy the company report.
Recent activity
Meghalaya Power Limited has 23 board changes on record since 2006: 8 appointments and 15 cessations. The latest: Nirmalya Bhattacharyya ceased to be Additional Director on 25 Sep 2023.
32 earlier events are in the company report.
News
Frequently asked questions
Meghalaya Power has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Meghalaya Power was a public limited company based in Lumshnong, Meghalaya, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 04 October 2002 and is registered under CIN U40108ML2002PLC006921. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Meghalaya Power was incorporated on 04 October 2002. It is registered with the Registrar of Companies, Guwahati.
Meghalaya Power had 8 directors and KMP:
- Ghanshyam Agarwal - Managing Director
- Nirmalya Bhattacharyya - Director
- Rangbahduh Khonglah - Director
- Lamshwa Kyndoh - Director
- Sajjan Bhajanka - Director
- Prem Kumar Bhajanka - Director
- Amit Kiran Deb - Director
- Bishal Kumar Agarwal - Cfo
The CIN (Corporate Identification Number) of Meghalaya Power is U40108ML2002PLC006921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Meghalaya Power is at Village: Lumshnong P.O.Khaliehriat, Meghalaya, India – 793200.
Meghalaya Power can be reached through the website starcement.co.in. Its registered office is in Lumshnong, Meghalaya, India.
The latest financial statements of Meghalaya Power on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from 2015 are in the company report.
No. Meghalaya Power has 2 GST registrations on record and all of them are cancelled or inactive.
Meghalaya Power operated in the energy and power industry, in the power transmission and distribution services segment.
Meghalaya Power has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹69.48 Cr; the latest was in March 2021.
The peers of Meghalaya Power by revenue are Powergrid Bhuj Transmission Limited, Powergrid Khetri Transmission System Limited, MP Power Transmission Package-Ii Limited, Odisha Generation Phase-Ii Transmission Limited, Koppal-Narendra Transmission Limited and 2 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
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