Nhpc Limited

BSE: 533098 NSE: NHPC
Nhpc Limited - environment in Haryana, Haryana, India. FY 2026 financials and compliance.
CIN L40101HR1975GOI032564 Incorporated 07 November 1975 ROC Delhi HQ Haryana, Haryana, India
Active Listed - NSE: NHPC · BSE: 533098 Public Limited Union Government Company environment
Data last updated
Revenue · FY 2026
₹11,615 Cr
▲ 11.9% YoY
EBITDA · FY 2026
₹6,306.71 Cr
▼ 8.19% YoY
Net profit · FY 2026
₹4,220.46 Cr
▲ 23.7% YoY
Authorised capital
₹17,500 Cr
Registered with MCA
Paid-up capital
₹10,045 Cr
Issued & subscribed
Open charges
₹32,464 Cr
Satisfied ₹26,554 Cr
Company age
51 yrs
Est. 1975
Last financials
Mar 2025
Balance sheet date

About Nhpc Limited

Data last updated: 22 December 2025

Nhpc Limited is a public limited union government company based in Haryana, Haryana, India. It specialises in hydroelectric power solutions, a part of the broader environmental services sector. Incorporated on 07 November 1975, the company has been in operation for over 51 years.

Registered with ROC Delhi under CIN L40101HR1975GOI032564. Listed on BSE: 533098 and NSE: NHPC.

Capital: an authorised share capital of ₹17,500 Cr and a paid-up capital of ₹10,045 Cr. Formerly known as National Hydro Electric Power Corporation Private Limited and National Hydroelectric Power Corporation Ltd. It is led by directors including Mohammad Afzal and Bhupender Gupta.

Last AGM: 30 August 2025. Financial statements filed for year ended 31 March 2025. Office: Nhpc Office Complex Sector – 33 Faridabad, Haryana, Haryana, India – 121003.

As per the financials filed for FY 2025, the company reported a revenue of ₹11,729 Cr, a growth of 7% compared to the previous year.

Its group structure includes 8 subsidiaries.

The company is associated with 1 brand - Nhpc. As per MCA filings, the company has open charges of ₹32,464 Cr and satisfied charges of ₹26,554 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nhpcindia.com.

Company Details of Nhpc Limited
CIN L40101HR1975GOI032564
Registration Number 032564
Incorporation Date 07 November 1975
ROC Delhi
Listing Status Listed (BSE: 533098, NSE: NHPC)
Company Status Active
Date of Last AGM 30 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Raj Kumar Chaudhary Managing Director Uttam Lal Whole-Time Director Sanjay Kumar Singh Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    nhpcindia.com
  • Social Media
  • Registered Address
    Nhpc Office Complex Sector – 33 Faridabad, Haryana, Haryana, India – 121003
  • Industry
    Environment, Hydroelectric Power Solutions
Company report
Nhpc Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Nhpc Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Nhpc Limited

Nhpc Limited has undergone 2 name changes throughout its history. The company was previously known as National Hydro Electric Power Corporation Private Limited, and National Hydroelectric Power Corporation Ltd. The current legal name is Nhpc Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Nhpc Limited Current
National Hydro Electric Power Corporation Private Limited Previous
National Hydroelectric Power Corporation Ltd Previous

CIN History of Nhpc Limited

Nhpc Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40101HR1975GOI032564, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L40101HR1975GOI032564 Current
U21015HR1975GOI032564 Previous
L21015HR1975GOI032564 Previous

Associated Brands with Nhpc Limited

Nhpc Limited operates one associated brand: NHPC. These brands represent Nhpc Limited's diversified market presence and brand portfolio.

Brand Description Website
NHPC
Hydroelectric power projects are developed and operated in India. nhpcindia.com

Business Activity of Nhpc Limited

Nhpc Limited is engaged in principal business activities including electricity, gas, steam and air condition supply and professional, scientific and technical, with detailed activities including electric power generation, transmission and distribution, other professional, scientific and technical activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution *********
M Professional, Scientific and Technical M9 Other professional, scientific and technical activities *********

Auditor Details of Nhpc Limited

Nhpc Limited is audited by S N DHAWAN & CO LLP (ICAI peer reviewed, certificate valid till 2028-02-29); DHARAM RAJ & CO (ICAI peer reviewed, certificate valid till 2027-12-31); S. JAYKISHAN (ICAI peer reviewed, certificate valid till 2028-04-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
S N DHAWAN & CO LLP (ICAI peer reviewed, certificate valid till 2028-02-29); DHARAM RAJ & CO (ICAI peer reviewed, certificate valid till 2027-12-31); S. JAYKISHAN (ICAI peer reviewed, certificate valid till 2028-04-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Nhpc Limited

Nhpc Limited is currently managed by 14 directors, with 67 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mohammad Afzal
Also directs: Sjvn Limited, Ptc India Limited
Nominee Director 06 Dec 2022 3 Years 7 Months Current
Bhupender Gupta
Also directs: Sjvn Limited, Nhdc Limited, Sjvn Thermal Private Limited and 1 more
Additional Director 04 Sep 2025 0 Years 10 Months Current
Jiji Joseph Director 17 Apr 2025 1 Years 2 Months Current
Uday Sakharam Nirgudkar
Also directs: Dr. Nirgudkar's Healthcare Private Limited
Director 17 Apr 2025 1 Years 2 Months Current
Raj Kumar Chaudhary Managing Director 18 Sep 2023 2 Years 9 Months Current
Uttam Lal Whole-Time Director 13 Jun 2023 3 Years 0 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Nhpc Limited FY 2026 filings available

Nhpc Limited reported revenue of ₹11,615 Cr (up 11.9% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹11,615 Cr ▲ 11.9%
Profit · FY 2026
₹4,220.46 Cr ▲ 23.7%
EBITDA · FY 2026
₹6,306.71 Cr ▼ 8.19%
Revenue₹ Cr · Consolidated05,00010,00015,000FY 2020: ₹10,008 Cr10,008FY 2020FY 2021: ₹9,648 Cr · -3.6% YoY9,648-3.6%FY 2021FY 2022: ₹9,189 Cr · -4.8% YoY9,189-4.8%FY 2022FY 2023: ₹10,607 Cr · +15.4% YoY10,607+15.4%FY 2023FY 2024: ₹9,632 Cr · -9.2% YoY9,632-9.2%FY 2024FY 2025: ₹10,380 Cr · +7.8% YoY10,380+7.8%FY 2025FY 2026: ₹11,615 Cr · +11.9% YoY11,615+11.9%FY 2026
Net Profit₹ Cr · Consolidated02,0004,0006,000FY 2020: ₹3,325 Cr3,325FY 2020FY 2021: ₹3,582 Cr · +7.7% YoY3,582+7.7%FY 2021FY 2022: ₹3,774 Cr · +5.4% YoY3,774+5.4%FY 2022FY 2023: ₹4,235 Cr · +12.2% YoY4,235+12.2%FY 2023FY 2024: ₹4,028 Cr · -4.9% YoY4,028-4.9%FY 2024FY 2025: ₹3,412 Cr · -15.3% YoY3,412-15.3%FY 2025FY 2026: ₹4,220 Cr · +23.7% YoY4,220+23.7%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02,0004,000Q1'25: ₹2,694 Cr · -2.3% YoY2,694-2.3%Q1'25Q2'25: ₹3,052 Cr · +4.1% YoY3,052+4.1%Q2'25Q3'25: ₹2,287 Cr · +11.3% YoY2,287+11.3%Q3'25Q4'25: ₹2,347 Cr · +24.3% YoY2,347+24.3%Q4'25Q1'26: ₹3,214 Cr · +19.3% YoY3,214+19.3%Q1'26Q2'26: ₹3,365 Cr · +10.3% YoY3,365+10.3%Q2'26Q3'26: ₹2,221 Cr · -2.9% YoY2,221-2.9%Q3'26Q4'26: ₹2,816 Cr · +20% YoY2,816+20%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹11,615 Cr ₹10,380 Cr ₹9,632.16 Cr ₹10,607 Cr ₹9,188.78 Cr ₹9,647.89 Cr ₹10,008 Cr
Other Income ₹1,070.8 Cr ₹1,349.45 Cr ₹1,361.75 Cr ₹677.5 Cr ₹964.06 Cr ₹1,057.15 Cr ₹768.57 Cr
Total Income ₹12,686 Cr ₹11,729 Cr ₹10,994 Cr ₹11,285 Cr ₹10,153 Cr ₹10,705 Cr ₹10,777 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹1,498.34 Cr ₹1,823.6 Cr ₹1,418.08 Cr ₹1,435.28 Cr ₹1,554.76 Cr ₹1,540.4 Cr ₹1,676.09 Cr
Finance Costs ₹1,423.02 Cr ₹1,188.94 Cr ₹402.38 Cr ₹474.26 Cr ₹532.28 Cr ₹649.95 Cr ₹795.98 Cr
Depreciation & Amortisation ₹1,975.85 Cr ₹1,193.04 Cr ₹1,184.13 Cr ₹1,214.67 Cr ₹1,190.3 Cr ₹1,298.3 Cr ₹1,614.04 Cr
Other Expenses ₹4,881.04 Cr ₹3,036.34 Cr ₹3,345.8 Cr ₹2,904.01 Cr ₹2,446.67 Cr ₹2,760.14 Cr ₹2,837.85 Cr
Total Expenses ₹9,778.25 Cr ₹7,241.92 Cr ₹6,350.39 Cr ₹6,028.22 Cr ₹5,724.01 Cr ₹6,248.79 Cr ₹6,923.96 Cr
Profit Before Exceptional Items & Tax ₹2,907.84 Cr ₹4,487.39 Cr ₹4,643.52 Cr ₹5,256.68 Cr ₹4,428.83 Cr ₹4,456.25 Cr ₹3,852.68 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 -₹185 Cr ₹0
Profit Before Tax ₹2,907.84 Cr ₹4,487.39 Cr ₹4,643.52 Cr ₹5,256.68 Cr ₹4,428.83 Cr ₹4,271.25 Cr ₹3,852.68 Cr
Total Tax Expense -₹326.78 Cr ₹1,355.46 Cr ₹1,015.41 Cr ₹976.24 Cr -₹556.98 Cr ₹900.98 Cr ₹290.5 Cr
Net Profit ₹4,220.46 Cr ₹3,411.73 Cr ₹4,028.01 Cr ₹4,234.74 Cr ₹3,774.33 Cr ₹3,582.13 Cr ₹3,324.72 Cr
  attributable to Owners ₹3,765.74 Cr ₹3,006.67 Cr ₹3,624.42 Cr ₹3,889.98 Cr ₹3,523.57 Cr ₹3,257 Cr ₹2,874.61 Cr
  attributable to NCI ₹454.72 Cr ₹405.06 Cr ₹403.59 Cr ₹344.76 Cr ₹250.76 Cr ₹325.13 Cr ₹450.11 Cr
Other Comprehensive Income -₹77.07 Cr -₹105.95 Cr -₹26.08 Cr -₹5.01 Cr ₹10.86 Cr ₹7.53 Cr -₹2.51 Cr
Total Comprehensive Income ₹4,143.39 Cr ₹3,305.78 Cr ₹4,001.93 Cr ₹4,229.73 Cr ₹3,785.19 Cr ₹3,589.66 Cr ₹3,322.21 Cr
EBITDA (computed) ₹6,306.71 Cr ₹6,869.37 Cr ₹6,230.03 Cr ₹6,945.61 Cr ₹6,151.41 Cr ₹6,404.5 Cr ₹6,262.7 Cr
Basic EPS ₹3.75 ₹2.99 ₹3.61 ₹3.87 ₹3.51 ₹3.24 ₹2.86
Diluted EPS ₹3.75 ₹2.99 ₹3.61 ₹3.87 ₹3.51 ₹3.24 ₹2.86
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹120,011 Cr ₹102,678 Cr ₹93,295 Cr ₹86,087 Cr
Non-current Assets ₹96,924 Cr ₹84,211 Cr ₹75,331 Cr ₹68,640 Cr
Current Assets ₹14,667 Cr ₹11,261 Cr ₹10,902 Cr ₹10,765 Cr
Property, Plant & Equipment ₹50,276 Cr ₹22,157 Cr ₹21,467 Cr ₹22,129 Cr
Inventories ₹293.88 Cr ₹257.11 Cr ₹190.08 Cr ₹161.18 Cr
Trade Receivables ₹2,629.4 Cr ₹4,793.15 Cr ₹4,419.9 Cr ₹6,160.59 Cr
Cash & Equivalents ₹1,961.15 Cr ₹801.59 Cr ₹1,422.06 Cr ₹1,019.81 Cr
Equity (Net Worth) ₹48,405 Cr ₹45,163 Cr ₹43,892 Cr ₹41,714 Cr
Equity Share Capital ₹10,045 Cr ₹10,045 Cr ₹10,045 Cr ₹10,045 Cr
Borrowings (Non-current) ₹46,174 Cr ₹35,682 Cr ₹29,382 Cr ₹26,602 Cr
Borrowings (Current) ₹5,960.42 Cr ₹3,752.44 Cr ₹3,110.94 Cr ₹2,885.65 Cr
Total Debt (computed) ₹52,134 Cr ₹39,434 Cr ₹32,493 Cr ₹29,488 Cr
Current Liabilities ₹14,106 Cr ₹10,176 Cr ₹9,612.32 Cr ₹7,942.32 Cr
Total Liabilities ₹71,606 Cr ₹57,515 Cr ₹49,403 Cr ₹44,373 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹3,293.62 Cr ₹5,026.19 Cr ₹6,937.5 Cr ₹4,692.23 Cr ₹6,471.79 Cr
Investing Cash Flow -₹11,139 Cr -₹7,550.17 Cr -₹5,968.15 Cr -₹4,246.05 Cr -₹4,966.03 Cr
Financing Cash Flow ₹8,927.58 Cr ₹1,903.51 Cr -₹581.48 Cr -₹741.04 Cr -₹638.36 Cr
Capital Expenditure ₹11,572 Cr ₹8,851.41 Cr ₹6,997.14 Cr ₹4,960.16 Cr ₹5,014.48 Cr
Free Cash Flow (computed) -₹8,278.66 Cr -₹3,825.22 Cr -₹59.64 Cr -₹267.93 Cr ₹1,457.31 Cr
Dividends Paid ₹2,354.51 Cr ₹2,309.9 Cr ₹2,325.93 Cr ₹2,262.86 Cr ₹1,947.84 Cr
Net Change in Cash ₹1,082.23 Cr -₹620.47 Cr ₹387.87 Cr -₹294.86 Cr ₹867.4 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹2,815.53 Cr ₹2,220.73 Cr ₹3,365.26 Cr ₹3,213.77 Cr ₹2,346.97 Cr ₹2,286.76 Cr ₹3,051.93 Cr ₹2,694.2 Cr ₹1,888.14 Cr ₹2,055.5 Cr ₹2,931.26 Cr ₹2,757.26 Cr
Other Income ₹304.99 Cr ₹272.1 Cr ₹264.72 Cr ₹228.99 Cr ₹325.44 Cr ₹330.13 Cr ₹350.16 Cr ₹343.72 Cr ₹432.04 Cr ₹494.19 Cr ₹182.56 Cr ₹252.96 Cr
Total Income ₹3,120.52 Cr ₹2,492.83 Cr ₹3,629.98 Cr ₹3,442.76 Cr ₹2,672.41 Cr ₹2,616.89 Cr ₹3,402.09 Cr ₹3,037.92 Cr ₹2,320.18 Cr ₹2,549.69 Cr ₹3,113.82 Cr ₹3,010.22 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹401.97 Cr ₹346.41 Cr ₹326.46 Cr ₹423.5 Cr ₹421.15 Cr ₹686.7 Cr ₹373.27 Cr ₹342.48 Cr ₹403.88 Cr ₹337.83 Cr ₹353.9 Cr ₹322.47 Cr
Finance Costs ₹574.28 Cr ₹310.25 Cr ₹277.69 Cr ₹260.8 Cr -₹12.09 Cr ₹655.5 Cr ₹292.69 Cr ₹90.16 Cr ₹91.48 Cr ₹97.04 Cr ₹104.82 Cr ₹109.04 Cr
Depreciation & Amortisation ₹642.01 Cr ₹456.61 Cr ₹441.46 Cr ₹435.77 Cr ₹314.74 Cr ₹296.71 Cr ₹285.26 Cr ₹296.33 Cr ₹299.49 Cr ₹296.23 Cr ₹294.86 Cr ₹293.55 Cr
Other Expenses ₹1,217.63 Cr ₹1,662.72 Cr ₹1,011.93 Cr ₹988.76 Cr ₹835.63 Cr ₹578.6 Cr ₹879.86 Cr ₹889.16 Cr ₹598.82 Cr ₹996.75 Cr ₹819.96 Cr ₹930.27 Cr
Total Expenses ₹2,835.89 Cr ₹2,775.99 Cr ₹2,057.54 Cr ₹2,108.83 Cr ₹1,559.43 Cr ₹2,217.51 Cr ₹1,831.08 Cr ₹1,618.13 Cr ₹1,393.67 Cr ₹1,727.85 Cr ₹1,573.54 Cr ₹1,655.33 Cr
Profit Before Exceptional Items & Tax ₹284.63 Cr -₹283.16 Cr ₹1,572.44 Cr ₹1,333.93 Cr ₹1,112.98 Cr ₹399.38 Cr ₹1,571.01 Cr ₹1,419.79 Cr ₹926.51 Cr ₹821.84 Cr ₹1,540.28 Cr ₹1,354.89 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹284.63 Cr -₹283.16 Cr ₹1,572.44 Cr ₹1,333.93 Cr ₹1,112.98 Cr ₹399.38 Cr ₹1,571.01 Cr ₹1,419.79 Cr ₹926.51 Cr ₹821.84 Cr ₹1,540.28 Cr ₹1,354.89 Cr
Total Tax Expense -₹1,823.2 Cr ₹573.28 Cr ₹535.99 Cr ₹387.15 Cr ₹247.15 Cr ₹104.23 Cr ₹605.22 Cr ₹398.86 Cr ₹505.71 Cr ₹285.84 Cr -₹74.95 Cr ₹298.81 Cr
Net Profit ₹1,549.42 Cr ₹320.6 Cr ₹1,219.28 Cr ₹1,131.16 Cr ₹919.63 Cr ₹330.13 Cr ₹1,069.28 Cr ₹1,108.46 Cr ₹610.93 Cr ₹628.44 Cr ₹1,693.26 Cr ₹1,095.38 Cr
  attributable to Owners ₹1,460.16 Cr ₹219.12 Cr ₹1,021.44 Cr ₹1,065.02 Cr ₹853.64 Cr ₹231.23 Cr ₹908.97 Cr ₹1,028.6 Cr ₹549.81 Cr ₹491.9 Cr ₹1,545.85 Cr ₹1,036.86 Cr
  attributable to NCI ₹89.26 Cr ₹101.48 Cr ₹197.84 Cr ₹66.14 Cr ₹65.99 Cr ₹98.9 Cr ₹160.31 Cr ₹79.86 Cr ₹61.12 Cr ₹136.54 Cr ₹147.41 Cr ₹58.52 Cr
Other Comprehensive Income -₹82.08 Cr ₹8.58 Cr ₹5.52 Cr -₹9.09 Cr -₹26.64 Cr -₹84.65 Cr -₹5.47 Cr ₹10.81 Cr -₹110.96 Cr ₹51.46 Cr ₹9.41 Cr ₹24.01 Cr
Total Comprehensive Income ₹1,467.34 Cr ₹329.18 Cr ₹1,224.8 Cr ₹1,122.07 Cr ₹892.99 Cr ₹245.48 Cr ₹1,063.81 Cr ₹1,119.27 Cr ₹499.97 Cr ₹679.9 Cr ₹1,702.67 Cr ₹1,119.39 Cr
EBITDA (computed) ₹1,500.92 Cr ₹483.7 Cr ₹2,291.59 Cr ₹2,030.5 Cr ₹1,415.63 Cr ₹1,351.59 Cr ₹2,148.96 Cr ₹1,806.28 Cr ₹1,317.48 Cr ₹1,215.11 Cr ₹1,939.96 Cr ₹1,757.48 Cr
Basic EPS ₹1.45 ₹0.22 ₹1.02 ₹1.06 ₹0.85 ₹0.23 ₹0.90 ₹1.02 ₹0.55 ₹0.49 ₹1.54 ₹1.03
Diluted EPS ₹1.45 ₹0.22 ₹1.02 ₹1.06 ₹0.85 ₹0.23 ₹0.90 ₹1.02 ₹0.55 ₹0.49 ₹1.54 ₹1.03
Latest 12 quarters shown of 25 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹10,328 Cr ₹8,994.26 Cr ₹8,404.92 Cr ₹9,316.34 Cr ₹8,353.8 Cr ₹8,506.58 Cr ₹8,735.41 Cr
Other Income ₹1,321.84 Cr ₹1,579.15 Cr ₹1,620.07 Cr ₹834.56 Cr ₹1,026.18 Cr ₹1,150.81 Cr ₹1,036.18 Cr
Total Income ₹11,650 Cr ₹10,573 Cr ₹10,025 Cr ₹10,151 Cr ₹9,379.98 Cr ₹9,657.39 Cr ₹9,771.59 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹1,364.09 Cr ₹1,643.86 Cr ₹1,296.58 Cr ₹1,301.35 Cr ₹1,440.78 Cr ₹1,409.26 Cr ₹1,515.52 Cr
Finance Costs ₹1,408.97 Cr ₹1,147 Cr ₹425.13 Cr ₹476.16 Cr ₹531.75 Cr ₹649.59 Cr ₹795.42 Cr
Depreciation & Amortisation ₹1,889.69 Cr ₹1,125.06 Cr ₹1,111 Cr ₹1,145.44 Cr ₹1,126.22 Cr ₹1,234.5 Cr ₹1,545.34 Cr
Other Expenses ₹4,596.72 Cr ₹2,798.53 Cr ₹3,130.08 Cr ₹2,644.35 Cr ₹2,234.37 Cr ₹2,492.63 Cr ₹2,650.75 Cr
Total Expenses ₹9,259.47 Cr ₹6,714.45 Cr ₹5,962.79 Cr ₹5,567.3 Cr ₹5,333.12 Cr ₹5,785.98 Cr ₹6,507.03 Cr
Profit Before Exceptional Items & Tax ₹2,390.63 Cr ₹3,858.96 Cr ₹4,062.2 Cr ₹4,583.6 Cr ₹4,046.86 Cr ₹3,871.41 Cr ₹3,264.56 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 -₹185 Cr ₹0
Profit Before Tax ₹2,390.63 Cr ₹3,858.96 Cr ₹4,062.2 Cr ₹4,583.6 Cr ₹4,046.86 Cr ₹3,686.41 Cr ₹3,264.56 Cr
Total Tax Expense -₹265.94 Cr ₹916.07 Cr ₹551.54 Cr ₹605.4 Cr -₹761.27 Cr ₹680.13 Cr ₹601 Cr
Net Profit ₹3,617.8 Cr ₹3,083.98 Cr ₹3,743.94 Cr ₹3,833.79 Cr ₹3,537.71 Cr ₹3,233.37 Cr ₹3,007.17 Cr
Other Comprehensive Income -₹75.41 Cr -₹102.89 Cr -₹24.96 Cr -₹3.37 Cr ₹12.76 Cr ₹7.2 Cr -₹62 Lakh
Total Comprehensive Income ₹3,542.39 Cr ₹2,981.09 Cr ₹3,718.98 Cr ₹3,830.42 Cr ₹3,550.47 Cr ₹3,240.57 Cr ₹3,006.55 Cr
EBITDA (computed) ₹5,689.29 Cr ₹6,131.02 Cr ₹5,598.33 Cr ₹6,205.2 Cr ₹5,704.83 Cr ₹5,755.5 Cr ₹5,605.32 Cr
Basic EPS ₹3.60 ₹3.07 ₹3.73 ₹3.82 ₹3.52 ₹3.22 ₹2.99
Diluted EPS ₹3.60 ₹3.07 ₹3.73 ₹3.82 ₹3.52 ₹3.22 ₹2.99
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹98,464 Cr ₹87,121 Cr ₹78,803 Cr ₹74,715 Cr
Non-current Assets ₹79,410 Cr ₹72,089 Cr ₹64,856 Cr ₹60,600 Cr
Current Assets ₹10,937 Cr ₹8,238 Cr ₹7,292.36 Cr ₹7,695.35 Cr
Property, Plant & Equipment ₹47,431 Cr ₹19,275 Cr ₹19,212 Cr ₹20,061 Cr
Inventories ₹278.27 Cr ₹243.21 Cr ₹177 Cr ₹150.48 Cr
Trade Receivables ₹2,406.3 Cr ₹4,411.09 Cr ₹3,981.32 Cr ₹5,487.59 Cr
Cash & Equivalents ₹1,042.1 Cr ₹583.44 Cr ₹775.27 Cr ₹382.67 Cr
Equity (Net Worth) ₹39,972 Cr ₹38,348 Cr ₹37,269 Cr ₹35,408 Cr
Equity Share Capital ₹10,045 Cr ₹10,045 Cr ₹10,045 Cr ₹10,045 Cr
Borrowings (Non-current) ₹38,340 Cr ₹32,260 Cr ₹26,338 Cr ₹25,255 Cr
Borrowings (Current) ₹5,877.17 Cr ₹3,718.73 Cr ₹3,052.77 Cr ₹2,885.65 Cr
Total Debt (computed) ₹44,218 Cr ₹35,979 Cr ₹29,391 Cr ₹28,140 Cr
Current Liabilities ₹12,513 Cr ₹8,759.47 Cr ₹8,115.89 Cr ₹7,041.68 Cr
Total Liabilities ₹58,492 Cr ₹48,773 Cr ₹41,534 Cr ₹39,307 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹2,348.92 Cr ₹4,160.05 Cr ₹5,707.72 Cr ₹3,893.85 Cr ₹6,140.79 Cr
Investing Cash Flow -₹5,681.82 Cr -₹4,412.02 Cr -₹2,824.17 Cr -₹2,929.3 Cr -₹4,872.34 Cr
Financing Cash Flow ₹3,714.23 Cr -₹87.21 Cr -₹2,505.33 Cr -₹1,519.66 Cr -₹476.24 Cr
Capital Expenditure ₹6,198.93 Cr ₹4,495.66 Cr ₹3,316.05 Cr ₹2,763.81 Cr ₹4,311.03 Cr
Free Cash Flow (computed) -₹3,850.01 Cr -₹335.61 Cr ₹2,391.67 Cr ₹1,130.04 Cr ₹1,829.76 Cr
Dividends Paid ₹1,918.6 Cr ₹1,908.56 Cr ₹1,858.33 Cr ₹1,908.56 Cr ₹1,667.48 Cr
Net Change in Cash ₹381.33 Cr -₹339.18 Cr ₹378.22 Cr -₹555.11 Cr ₹792.21 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹2,741.25 Cr ₹1,877.47 Cr ₹2,732.11 Cr ₹2,977.43 Cr ₹2,058.54 Cr ₹1,970.34 Cr ₹2,551.21 Cr ₹2,417.88 Cr ₹1,651.55 Cr ₹1,697.02 Cr ₹2,485.39 Cr ₹2,570.96 Cr
Other Income ₹374.94 Cr ₹429.13 Cr ₹262.33 Cr ₹255.44 Cr ₹396.81 Cr ₹455.18 Cr ₹370.48 Cr ₹368.51 Cr ₹590.88 Cr ₹621.08 Cr ₹129.12 Cr ₹278.99 Cr
Total Income ₹3,116.19 Cr ₹2,306.6 Cr ₹2,994.44 Cr ₹3,232.87 Cr ₹2,455.35 Cr ₹2,425.52 Cr ₹2,921.69 Cr ₹2,786.39 Cr ₹2,242.43 Cr ₹2,318.1 Cr ₹2,614.51 Cr ₹2,849.95 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹371.92 Cr ₹310.03 Cr ₹290.83 Cr ₹391.31 Cr ₹366.99 Cr ₹651.72 Cr ₹318.03 Cr ₹310.5 Cr ₹368.81 Cr ₹309.18 Cr ₹321.23 Cr ₹297.36 Cr
Finance Costs ₹585.15 Cr ₹302.14 Cr ₹269.34 Cr ₹252.34 Cr -₹30.38 Cr ₹651.37 Cr ₹297.71 Cr ₹93.29 Cr ₹94.54 Cr ₹101.27 Cr ₹114.81 Cr ₹114.51 Cr
Depreciation & Amortisation ₹620.71 Cr ₹434.93 Cr ₹419.81 Cr ₹414.24 Cr ₹293.1 Cr ₹279.22 Cr ₹270.79 Cr ₹281.95 Cr ₹280.19 Cr ₹278.2 Cr ₹276.88 Cr ₹275.73 Cr
Other Expenses ₹1,133.36 Cr ₹1,599.89 Cr ₹922.87 Cr ₹940.6 Cr ₹775.09 Cr ₹528.89 Cr ₹801.99 Cr ₹827.42 Cr ₹541.11 Cr ₹949.54 Cr ₹751.62 Cr ₹887.81 Cr
Total Expenses ₹2,711.14 Cr ₹2,646.99 Cr ₹1,902.85 Cr ₹1,998.49 Cr ₹1,404.8 Cr ₹2,111.2 Cr ₹1,688.52 Cr ₹1,513.16 Cr ₹1,284.65 Cr ₹1,638.19 Cr ₹1,464.54 Cr ₹1,575.41 Cr
Profit Before Exceptional Items & Tax ₹405.05 Cr -₹340.39 Cr ₹1,091.59 Cr ₹1,234.38 Cr ₹1,050.55 Cr ₹314.32 Cr ₹1,233.17 Cr ₹1,273.23 Cr ₹957.78 Cr ₹679.91 Cr ₹1,149.97 Cr ₹1,274.54 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹405.05 Cr -₹340.39 Cr ₹1,091.59 Cr ₹1,234.38 Cr ₹1,050.55 Cr ₹314.32 Cr ₹1,233.17 Cr ₹1,273.23 Cr ₹957.78 Cr ₹679.91 Cr ₹1,149.97 Cr ₹1,274.54 Cr
Total Tax Expense -₹1,372.99 Cr ₹504.21 Cr ₹283.28 Cr ₹319.56 Cr ₹182.85 Cr ₹64.81 Cr ₹360.27 Cr ₹308.15 Cr ₹423.8 Cr ₹157.34 Cr -₹273.1 Cr ₹243.5 Cr
Net Profit ₹1,327.54 Cr ₹292.87 Cr ₹925.52 Cr ₹1,071.87 Cr ₹893.92 Cr ₹273.6 Cr ₹905.25 Cr ₹1,023.51 Cr ₹697.76 Cr ₹546.13 Cr ₹1,447.11 Cr ₹1,052.94 Cr
Other Comprehensive Income -₹82.26 Cr ₹9 Cr ₹6.23 Cr -₹8.38 Cr -₹24.42 Cr -₹84.38 Cr -₹5.18 Cr ₹11.09 Cr -₹111.07 Cr ₹51.87 Cr ₹9.83 Cr ₹24.41 Cr
Total Comprehensive Income ₹1,245.28 Cr ₹301.87 Cr ₹931.75 Cr ₹1,063.49 Cr ₹869.5 Cr ₹189.22 Cr ₹900.07 Cr ₹1,034.6 Cr ₹586.69 Cr ₹598 Cr ₹1,456.94 Cr ₹1,077.35 Cr
EBITDA (computed) ₹1,610.91 Cr ₹396.68 Cr ₹1,780.74 Cr ₹1,900.96 Cr ₹1,313.27 Cr ₹1,244.91 Cr ₹1,801.67 Cr ₹1,648.47 Cr ₹1,332.51 Cr ₹1,059.38 Cr ₹1,541.66 Cr ₹1,664.78 Cr
Basic EPS ₹1.32 ₹0.29 ₹0.92 ₹1.07 ₹0.89 ₹0.27 ₹0.90 ₹1.02 ₹0.69 ₹0.54 ₹1.44 ₹1.05
Diluted EPS ₹1.32 ₹0.29 ₹0.92 ₹1.07 ₹0.89 ₹0.27 ₹0.90 ₹1.02 ₹0.69 ₹0.54 ₹1.44 ₹1.05
Latest 12 quarters shown of 25 on record.
Want more history and ratios?
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Shareholding Pattern of Nhpc Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 67.40%, foreign institutional investors hold 10.34%, domestic institutional investors hold 10.78%, retail and other public shareholders hold 10.35% of Nhpc Limited. The company had 3,367,954 shareholders on record.

Promoters: 67.40%DII (Domestic Institutional): 10.78%FII (Foreign Institutional): 10.34%Retail & Others: 10.35%Others: 1.13%
Mar 2026
QUARTER
67.40% Promoters
10.78% DII (Domestic Institutional)
10.34% FII (Foreign Institutional)
10.35% Retail & Others
1.13% Others
Promoter holding - history
Now 67.40% · Mar 2026High 85.96% · Dec 2015Low 67.40% · Mar 2024
66%71.3%76.5%81.8%87%Dec 2015Jun 2018Sep 2020Mar 2023Sep 2025Dec 2015: 85.96%Mar 2016: 85.96%Jun 2016: 74.60%Sep 2016: 74.60%Dec 2016: 74.51%Mar 2017: 74.50%Jun 2017: 74.50%Sep 2017: 74.50%Dec 2017: 73.96%Mar 2018: 73.96%Jun 2018: 73.64%Sep 2018: 73.67%Dec 2018: 73.67%Jan 2019: 73.83%Mar 2019: 73.33%Jun 2019: 73.33%Sep 2019: 73.33%Dec 2019: 73.11%Mar 2020: 70.95%Jun 2020: 70.95%Sep 2020: 70.95%Dec 2020: 70.95%Mar 2021: 70.95%Jun 2021: 70.95%Sep 2021: 70.95%Dec 2021: 70.95%Mar 2022: 70.95%Jun 2022: 70.95%Sep 2022: 70.95%Dec 2022: 70.95%Mar 2023: 70.95%Jun 2023: 70.95%Sep 2023: 70.95%Dec 2023: 70.95%Mar 2024: 67.40%Jun 2024: 67.40%Sep 2024: 67.40%Dec 2024: 67.40%Mar 2025: 67.40%Jun 2025: 67.40%Sep 2025: 67.40%Dec 2025: 67.40%Mar 2026: 67.40%85.96%67.40%67.40%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters67.40%67.40%67.40%67.40%67.40%67.40%
Public32.60%32.60%32.60%32.60%32.60%32.60%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters67.40%67.40%67.40%70.95%70.95%70.95%70.95%73.33%73.96%74.50%85.96%
Public32.60%32.60%32.60%29.05%29.05%29.05%29.05%26.67%26.04%25.50%14.04%
Promoter change (YoY, %pts)+0.00+0.00-3.55+0.00+0.00+0.00-2.38-0.63-0.54-11.46-

Board & Governance of Nhpc Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Nhpc Limited has 10 directors - 4 independent and 5 executive. The board is chaired by BHUPENDER GUPTA.

DirectorPositionOn board sinceListed boards
BHUPENDER GUPTA Executive Director · MD · Chairperson 2025-09-04 2
UTTAM LAL Executive Director 2023-06-13 1
SANJAY KUMAR SINGH Executive Director 2024-07-24 1
SUPRAKASH ADHIKARI Executive Director 2025-04-16 1
MAHESH KUMAR SHARMA Executive Director 2025-10-17 1
MOHAMMAD AFZAL Non-Executive - Nominee Director 2022-12-06 3
PREM KUMAR GOVERTHANAN Non-Executive - Independent Director 2023-03-10 0
UDAY SAKHARAM NIRGUDKAR Non-Executive - Independent Director 2025-04-17 1
JIJI JOSEPH Non-Executive - Independent Director 2025-04-17 1
ANIL KUMAR SOOD Non-Executive - Independent Director 2025-04-17 1
Board Committees
CommitteeMembers
Audit Committee UDAY SAKHARAM NIRGUDKAR (Chairperson), JIJI JOSEPH, ANIL KUMAR SOOD, SUPRAKASH ADHIKARI, PREM KUMAR GOVERTHANAN
Nomination and remuneration committee UDAY SAKHARAM NIRGUDKAR (Chairperson), MOHAMMAD AFZAL, ANIL KUMAR SOOD, JIJI JOSEPH, PREM KUMAR GOVERTHANAN (Chairperson)
Stakeholders Relationship Committee JIJI JOSEPH (Chairperson), UDAY SAKHARAM NIRGUDKAR, MAHESH KUMAR SHARMA, UTTAM LAL, PREM KUMAR GOVERTHANAN
Risk Management Committee ANIL KUMAR SOOD (Chairperson), JIJI JOSEPH, SANJAY KUMAR SINGH, MAHESH KUMAR SHARMA
Corporate Social Responsibility Committee JIJI JOSEPH (Chairperson), UDAY SAKHARAM NIRGUDKAR, ANIL KUMAR SOOD, MAHESH KUMAR SHARMA, UTTAM LAL, SANJAY KUMAR SINGH, PREM KUMAR GOVERTHANAN (Chairperson)

Group Structure of Nhpc Limited

Nhpc Limited has 8 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Nhpc Limited's business expansion strategy and organizational complexity.

8
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Nhdc Limited U31200MP2000GOI014337 -
Loktak Downstream Hydroelectric Corporation Limited U40101MN2009GOI008249 -
Chenab Valley Power Projects Limited U40105JK2011GOI003321 -
Ratle Hydroelectric Power Corporation Limited U40105JK2021GOI012380 -
Lanco Teesta Hydro Power Limited U40109TG2000GOI034758 -
Jalpower Corporation Limited U40109TG2004GOI043985 -

Showing major subsidiaries. Total: 8.

Charges & Borrowings of Nhpc Limited

Open charges
₹32,464 Cr
Satisfied charges
₹26,554 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹12,875.92 Cr
Others₹9,183.45 Cr
Hdfc Bank Limited₹4,046.94 Cr
Sbicap Trustee Company Limited₹3,756.28 Cr
State Bank of India₹2,001.37 Cr
Others₹600.00 Cr
Latest charge details
DateLenderAmountStatus
24 Dec 2024 Others ₹2,348.45 Cr Open
20 Aug 2024 Others ₹750 Cr Open
22 Mar 2024 Others ₹1,500 Cr Open
09 Feb 2024 Hdfc Bank Limited ₹2,046.94 Cr Open
26 Sep 2023 Others ₹2,000 Cr Open

Total charge records: 84 View all charges

Employees and EPFO Compliance at Nhpc Limited

Nhpc Limited has a workforce of 0 employees as of Sep 24, 2025.

Active EPFO establishments
5
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Nhpc Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Nhpc Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Nhpc Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Nhpc Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Nhpc Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Nhpc Limited

MSME Payment Delays by Nhpc Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Nhpc Limited

Subsidiaries & Group Companies of Nhpc Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Nhpc Limited

MCA Filings & Documents of Nhpc Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Nhpc Limited

Directors
23 Oct 2025
Mahesh Kumar Sharma was appointed as a Nodal Officer on 23 Oct 2025 & has been associated with this company since 8 months 16 days.
Directors
04 Sep 2025
Bhupender Gupta was appointed as a Additional Director on 04 Sep 2025 & has been associated with this company since 10 months 4 days.
Activity
30 Aug 2025
Nhpc Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Directors
17 Apr 2025
Jiji Joseph was appointed as a Director on 17 Apr 2025 & has been associated with this company since 1 year 2 months.
Directors
17 Apr 2025
Uday Sakharam Nirgudkar was appointed as a Director on 17 Apr 2025 & has been associated with this company since 1 year 2 months.
Directors
17 Apr 2025
Anil Kumar Sood was appointed as a Director on 17 Apr 2025 & has been associated with this company since 1 year 2 months.

Recent News on Nhpc Limited

Frequently Asked Questions about Nhpc Limited

Nhpc Limited is an active public limited union government company in the environment sector based in Haryana, Haryana, India. It was incorporated on 07 November 1975 (51+ years old) and is registered under CIN L40101HR1975GOI032564. Listed on BSE: 533098 and NSE: NHPC.

Nhpc Limited reported revenue of ₹11,729 Cr for FY 2025 (up 7.00% YoY).

The current directors of Nhpc Limited are:

The primary industry of Nhpc Limited is environment. The company specifically operates in hydroelectric power solutions. The company is currently active in this sector.

Yes. Nhpc Limited is listed on both BSE (code: 533098) and NSE (symbol: NHPC).

Nhpc Limited can be reached at the registered office: Nhpc Office Complex Sector – 33 Faridabad, Haryana, Haryana, India – 121003, or through the website nhpcindia.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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