About Odisha Coal and Power Limited
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Odisha Coal and Power Limited is a private limited state government company based in Bhubaneswar, Odisha, India, a subsidiary of Odisha Power Generation Corporation Limited. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 20 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U10100OR2015SGC018623. Its GSTIN is 21AACCO0959K1ZH (Odisha).
The company has an authorised share capital of ₹750 Cr and a paid-up capital of ₹425.95 Cr. It is led by directors including Nihar Ranjan Panda and Vishal Kumar Dev.
Its last annual general meeting (AGM) was held on 03 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhubaneswar, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,399.07 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹279.23 Cr (net margin 20%) and EBITDA of ₹520.48 Cr (EBITDA margin 37.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 607% over five years.
The company is associated with 1 brand: OCPL. As per MCA filings, the company has open charges of ₹990.31 Cr and satisfied charges of ₹449.92 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 2 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹425.9 Cr; the latest was in August 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ocpl.org.in.
Company details
Contact details
Odisha Coal and Power Limited's registered office is in Bhubaneswar, Odisha. Its website is ocpl.org.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressZone – A Fourth Floor Fortune Towers, Chandrasekharpur, Bhubaneswar, Odisha, India – 751023
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Odisha Coal and 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
Odisha Coal and Power operates one associated brand: OCPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coal mining and related operations are conducted by OCPL in Odisha, India. | ocpl.org.in |
Business activity
The main business activity of Odisha Coal and Power is mining and quarrying. In detail, this covers mining of coal and lignite.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B1 | Mining of Coal and lignite |
To see the full business activity and turnover split of Odisha Coal and Power Limited, buy the company report.
Financials of Odisha Coal and Power Limited
FY 2025 filings availableOdisha Coal and Power Limited reported revenue of ₹1,399.07 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 607% over five years, including 15% growth in the latest year. EBITDA rose 24% 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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| EBITDA | ₹520.48 Cr | ||||
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| Net Profit (PAT) | ₹279.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 37.2% | ||||
| Net Profit Margin | 20% | ||||
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To see the full financial statements and ratios of Odisha Coal and Power Limited, buy the company report.
Board of directors of Odisha Coal and Power Limited
Odisha Coal and Power has 7 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nihar Ranjan Panda | Nominee Director | 21 Jul 2025 | 1 Years 3 Months | Current |
| Vishal Kumar Dev Also directs: Oreda Limited, Odisha Hydro Power Corporation Limited, Green Energy Development Corporation of Odisha Limited and 5 more | Nominee Director | 27 Nov 2024 | 1 Years 11 Months | Current |
| Susanta Kumar Singh Also directs: Oreda Limited, Odisha Hydro Power Corporation Limited, Odisha Power Generation Corporation Limited and 5 more | Nominee Director | 15 Jul 2025 | 1 Years 3 Months | Current |
| Gagan Bihari Swain Also directs: Odisha Power Generation Corporation Limited | Nominee Director | 05 Oct 2024 | 2 Years 1 Months | Current |
| Anjana Ranjan Dash Also directs: Odisha Power Generation Corporation Limited | Nominee Director | 29 Apr 2025 | 1 Years 6 Months | Current |
| Kedar Ranjan Pandu Also directs: Odisha Power Generation Corporation Limited | Nominee Director | 07 Feb 2025 | 1 Years 9 Months | Current |
Auditor
Odisha Coal and Power Limited is audited by O.M. Kejriwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.M. Kejriwal & Co. | FY 2023 | 314144E |
Shareholding
The shareholding of Odisha Coal and Power 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Odisha Coal and Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101170160 | Axis Bank Limited | ₹4.17 Cr | Open | |
| 21 Oct 2024 | 101005767 | Axis Bank Limited | ₹30.78 Cr | Open | |
| 01 Mar 2023 | 100686939 | Others | ₹175.87 Cr | Open | |
| 03 Jun 2021 | 100447573 | Others | ₹275.3 Cr | Open | |
| 06 May 2021 | 100459583 | Others | ₹50 Cr | Open |
To see the full charge records of Odisha Coal and Power Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Odisha Coal and Power Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹425.9 Cr; the latest was in August 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round | ₹30.84 Cr | Investors: Odisha Hydro Power Corporation Limited , Odisha Power Generation Corporation Limited |
| Jan 2020 | Funding round | ₹95.11 Cr | Investors: Odisha Power Generation Corporation Limited , Odisha Hydro Power Corporation Limited |
| Mar 2017 | Funding round | ₹200 Cr | Investors: Odisha Power Generation Corporation Limited , Odisha Hydro Power Corporation Limited |
| Jul 2016 | Funding round | ₹99.95 Cr | Investors: Odisha Power Generation Corporation Limited , Odisha Hydro Power Corporation Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Odisha Hydro Power Corporation Limited Seller: Odisha Power Generation Corporation Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Odisha Coal and Power Limited has 12 court cases on record: 2 filed by Odisha Coal and Power, 10 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 7 | 2 |
| District courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Arbitration matter | Filed by the company against BGR Mining and Infra Limited | Disposed |
| District court, Khurda, Odisha | Arbitration matter | Filed by the company against M/S BGR Mining and Infra Ltd | Disposed |
| Supreme Court | Court case (4202-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by public sector undertaking) | Filed against the company by Indure Pvt. Ltd. Authorized Representative Authorized Representative the Indure House, DLF Savitri Complex, Greater Kailash 2 , District: New Delhi ,New Delhi , Delhi | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Pending |
| High Court, ORISSA | Tax appeal | Filed against the company by Principal Commissioner of Income Tax-1 | Pending |
To see the full case history of Odisha Coal and 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
Odisha Coal and Power Limited was last rated by Acuite on 05 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 05 Jun 2026 |
To see the full credit ratings and regulatory alerts of Odisha Coal and Power Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Odisha Coal and Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Odisha Coal and Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCO0959K1ZH | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Odisha Coal and Power Limited, buy the company report.
Recent activity
Odisha Coal and Power Limited has 43 board changes on record since 2016: 8 appointments and 35 cessations. The latest: Gagan Bihari Swain ceased to be CEO on 27 Oct 2025.
50 earlier events are in the company report.
Frequently asked questions
Odisha Coal and Power is an active private limited state government company based in Bhubaneswar, Odisha, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 20 January 2015 (11+ years old) and is registered under CIN U10100OR2015SGC018623.
Odisha Coal and Power has 7 current directors:
- Nihar Ranjan Panda - Nominee Director
- Vishal Kumar Dev - Nominee Director
- Susanta Kumar Singh - Nominee Director
- Gagan Bihari Swain - Nominee Director
- Anjana Ranjan Dash - Nominee Director
- Kedar Ranjan Pandu - Nominee Director
- Debi Dutta Tripathy - Nominee Director
The latest financial statements of Odisha Coal and Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Odisha Coal and Power is 21AACCO0959K1ZH, registered in Odisha.
The CIN (Corporate Identification Number) of Odisha Coal and Power is U10100OR2015SGC018623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Odisha Coal and Power has 12 court cases on record: 2 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.
Odisha Coal and Power was incorporated on 20 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Cuttack.
Odisha Coal and Power has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹425.9 Cr; the latest was in August 2021.
Gagan Bihari Swain ceased to be CEO on 27 Oct 2025. Debi Dutta Tripathy was appointed as Nominee Director on 13 Oct 2025. Lipsa Das ceased to be Nominee Director on 20 Sep 2025. Odisha Coal and Power has 43 board changes on record in total.
Odisha Coal and Power can be reached through the website ocpl.org.in. Its registered office is in Bhubaneswar, Odisha, India.
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