Stock market indices
Nifty 500
Market Cap
₹11,848 Cr
VEDPOWER · NSE
Share Price
₹29.51
-2.61% today
Revenue
₹5,486 Cr
FY 2025-26 · +4.7% YoY
EBITDA
−₹1,249 Cr
Margin -22.8%
Net Profit
₹616 Cr
FY 2025-26 · +1645.9% YoY
P/E (TTM)
19.6x
P/B 3.2x
Debt / Equity
2.29
Interest cover -35.8x
Authorised capital
₹4,000 Cr
Registered with MCA
About Talwandi Sabo Power Limited
Data last updated:
Talwandi Sabo Power Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Vedanta Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 05 April 2007 and has been in existence for over 19 years.
Talwandi Sabo Power is part of the Nifty 500 index.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40101MH2007PLC433557. Its GSTIN is 03AACCT6775G1Z9 (Punjab). Its shares are listed on BSE: 544781 and NSE: VEDPOWER.
The company has an authorised share capital of ₹4,000 Cr and a paid-up capital of ₹3,206.61 Cr. It is led by directors including Pankaj Kumar Sharma (Whole-Time Director) and Agnivesh Agarwal.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 103 Atul Projects – Corporate Avenue, New Link Road Chakala Andheri (E) Mumbai, Maharashtra, India – 400093.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹5,486.06 Cr, a growth of 4.7% compared to the previous year. For the same year it recorded a net profit of ₹615.6 Cr (net margin 11.2%) and EBITDA of -₹1,249.15 Cr (EBITDA margin -22.8%). The net worth stands at ₹1,937.16 Cr (down 47% YoY). Total assets are valued at ₹8,508.65 Cr (down 14.3% YoY).
The company has about 66 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8,800 Cr and satisfied charges of ₹12,250 Cr on record. Court records list 105 cases involving the company, including 54 filed by the company and 53 filed against it; 19 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tsplindia.co.
Company details
CIN U40101MH2007PLC433557
Registration Number 433557
Incorporation Date 05 April 2007
ROC Mumbai
Listing Status Listed (BSE: 544781, NSE: VEDPOWER)
Company Status Active
Date of Last AGM 21 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Vedanta Limited
Compliance Status Active Compliant
CIN history
Talwandi Sabo Power has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40101MH2007PLC433557, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101MH2007PLC433557 | Current |
| L40101PB2007PLC031035 | Previous |
| U40101PB2007PLC031035 | Previous |
| L40101MH2007PLC433557 | Previous |
Recognitions & Rankings of Talwandi Sabo Power
Contact details
Talwandi Sabo Power Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressC – 103 Atul Projects – Corporate Avenue, New Link Road Chakala Andheri (E) Mumbai, Maharashtra, India – 400093
- IndustryEnergy and Power, Thermal Power Generation & Plants
Comprehensive company report
Talwandi Sabo Power 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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Financials of Talwandi Sabo Power Limited
FY 2025-26 filings availableTalwandi Sabo Power Limited reported revenue of ₹5,486.06 Cr (up 4.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹5,486 Cr
+4.7% YoY
EBITDA
−₹1,249 Cr
-217.0% YoY
Profit After Tax
₹616 Cr
+1645.9% YoY
Net Worth
₹1,937 Cr
-47.0% YoY
Total Assets
₹8,509 Cr
-14.3% YoY
Total Debt
₹6,542 Cr
+4.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 5,486 | 5,241 |
| Revenue growth | +4.7% | - |
| EBITDA | (1,249) | 1,068 |
| EBITDA margin | -22.8% | +20.4% |
| Profit before tax | (2,290) | 10.20 |
| Net profit | 616 | 35.26 |
| Net profit margin | +11.2% | +0.7% |
| EPS (₹) | (5.34) | 0.10 |
| Balance sheet | ||
| Total assets | 8,509 | 9,932 |
| Net worth | 1,937 | 3,655 |
| Total debt | 6,542 | 6,238 |
| Cash & bank | 46.14 | 33.52 |
| Net working capital | 663 | 935 |
| Cash flow | ||
| Cash from operations | 556 | 768 |
| Cash from investing | (37.40) | (25.98) |
| Cash from financing | (506) | (876) |
| Particulars | Jun 2026 | Mar 2026 | Jun 2025 | Jun 2024 |
|---|---|---|---|---|
| Revenue | 1,836 | 2,100 | 1,725 | 1,412 |
| Revenue growth (YoY) | +6.4% | - | +22.2% | - |
| Other income | 8.00 | 16.00 | 9.00 | 1.47 |
| Total expenses | 2,144 | 1,644 | 1,345 | 1,146 |
| EBITDA | (308) | 456 | 380 | 266 |
| EBITDA margin | -16.9% | +21.8% | +22.1% | +18.9% |
| Depreciation | 160 | 159 | 144 | 110 |
| Interest | 168 | 164 | 149 | 161 |
| Profit before tax | (628) | 149 | 96.00 | (3.61) |
| Tax | (179) | 16.00 | 21.00 | (0.84) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Jun 2025 | Jun 2024 |
|---|---|---|---|---|
| Revenue | 1,836 | 2,100 | 1,725 | 1,412 |
| Revenue growth (YoY) | +6.4% | - | +22.2% | - |
| Other income | 8.00 | 16.00 | 9.00 | 1.47 |
| Total expenses | 2,144 | 1,644 | 1,345 | 1,146 |
| EBITDA | (308) | 456 | 380 | 266 |
| EBITDA margin | -16.9% | +21.8% | +22.1% | +18.9% |
| Depreciation | 160 | 159 | 144 | 110 |
| Interest | 168 | 164 | 149 | 161 |
| Profit before tax | (628) | 149 | 96.00 | (3.61) |
| Tax | (179) | 16.00 | 21.00 | (0.84) |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 5,486 | 5,241 |
| Revenue growth | +4.7% | - |
| Other income | 11.16 | 3.70 |
| Total expenses | 6,735 | 4,173 |
| Employee cost | 23.86 | 24.05 |
| EBITDA | (1,249) | 1,068 |
| EBITDA margin | -22.8% | +20.4% |
| Depreciation | 445 | 442 |
| Interest | 607 | 619 |
| Profit before tax | (2,290) | 10.20 |
| Tax | (576) | (21.64) |
| Net profit | 616 | 35.26 |
| Net profit margin | +11.2% | +0.7% |
| EPS (₹) | (5.34) | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 3,207 | 3,207 |
| Reserves & surplus | (1,269) | 448 |
| Shareholders' funds (net worth) | 1,937 | 3,655 |
| Secured loans | 5,849 | 6,181 |
| Unsecured loans | 693 | 56.33 |
| Total debt | 6,542 | 6,238 |
| Total liabilities | 8,509 | 9,932 |
| Assets | ||
| Gross block | 11,819 | 11,760 |
| Net block | 6,744 | 7,123 |
| Capital work in progress | 0.00 | 1.03 |
| Investments | 0.00 | 0.00 |
| Inventories | 312 | 249 |
| Sundry debtors | 992 | 960 |
| Cash & bank balances | 46.14 | 33.52 |
| Loans & advances | 45.82 | 49.83 |
| Total current assets | 1,396 | 1,292 |
| Total current liabilities | 733 | 357 |
| Net working capital | 663 | 935 |
| Total assets | 8,509 | 9,932 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 33.52 | 168 |
| Net cash from operating activities | 556 | 768 |
| Net cash from investing activities | (37.40) | (25.98) |
| Net cash from financing activities | (506) | (876) |
| Net change in cash | 12.62 | (134) |
| Closing cash | 46.14 | 33.52 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | +4.7% | - |
| EBITDA growth | -217.0% | - |
| PBT growth | - | +9997.0% |
| Net income growth | +1645.9% | - |
| Profitability & leverage | ||
| Net income margin | -31.2% | +0.6% |
| Return on capital employed | 0.0% | +6.4% |
| Return on net worth | 0.0% | +1.0% |
| Debt / equity | 2.29 | 1.74 |
| Long-term debt / equity | 1.46 | 1.26 |
| Interest cover | -35.81 | 98.96 |
| Efficiency & per share | ||
| Fixed asset turnover | 0.47 | 0.45 |
| Inventory turnover | 19.58 | 19.36 |
| Debtors turnover | 5.62 | 6.96 |
| EPS (₹) | (5.34) | 0.10 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 6.04 | 11.40 |
To see the full year-wise statements and ratios of Talwandi Sabo Power Limited, buy the company report.
Board of directors and KMP of Talwandi Sabo Power Limited
Talwandi Sabo Power Limited currently reports 4 directors and 2 key managerial personnel. 28 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kumar Sharma | Whole-Time Director | 19 Aug 2023 | 3 Years 2 Months | Current |
| Agnivesh Agarwal | Director | 27 Apr 2019 | 7 Years 5 Months | Current |
| Pankaj Jha Also directs: Raykal Aluminium Company Private Limited, Vedanta Iron and Steel Limited, Vedanta Aluminium Metal Limited and 1 more | Cfo | 22 Jul 2025 | 1 Years 3 Months | Current |
| Sonal Kushwaha Choithani | Director | 05 Mar 2022 | 4 Years 7 Months | Current |
| Baldev Krishan Sharma | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
| Rajinder Singh Ahuja Also directs: Meenakshi Energy Limited | Ceo | 09 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Talwandi Sabo Power Limited is compared with the 10 companies closest to it by revenue in the Power industry (Thermal Power Plants), 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 |
|---|---|---|---|---|---|---|
| Coastal Gujarat Power Limited | ₹7,006.21 Cr (FY 2021) | 0.0% | Mumbai, Maharashtra, India | |||
| Lalitpur Power Generation Company Limited | ₹6,642.87 Cr (FY 2025) | -4.0% | Lalitpur, Uttar Pradesh, India | |||
| JSW Mahanadi Power Company Limited | ₹6,044.53 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Jaiprakash Power Ventures Limited | ₹5,707.55 Cr (FY 2025) | -20.0% | Nigrie, Madhya Pradesh, India | |||
| Aravali Power Company Private Limited | ₹5,510.12 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Talwandi Sabo Power Limitedthis company | ₹5,486.06 Cr (FY 2026) | ₹615.6 Cr | 11.2% | 4.7% | Mumbai, Maharashtra, India | |
| Meja Urja Nigam Private Limited | ₹5,202.32 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Prayagraj Power Generation Company Limited | ₹5,104.46 Cr (FY 2025) | 4.0% | Noida, Uttar Pradesh, India | |||
| NLC Tamil Nadu Power Limited | ₹5,091.95 Cr (FY 2025) | 74.0% | Chennai, Tamil Nadu, India | |||
| NTPC Tamil Nadu Energy Company Limited | ₹5,066.53 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Sasan Power Limited | ₹4,887.52 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Talwandi Sabo Power Limited, buy the company report.
Charges & borrowings
Open charges
₹8,800 Cr
Satisfied charges
₹12,250 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2020 | 100343505 | Others | ₹7,400 Cr | Open | |
| 13 Aug 2015 | 10591321 | State Bank of India | ₹1,400 Cr | Open | |
| 07 Mar 2019 | 100249643 | Others | ₹600 Cr | Satisfied | |
| 15 Jan 2019 | 100249636 | Others | ₹200 Cr | Satisfied | |
| 11 Sep 2018 | 100207631 | Others | ₹1,000 Cr | Satisfied |
To see the full charge records of Talwandi Sabo Power Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Talwandi Sabo Power Limited has 105 court cases on record: 54 filed by Talwandi Sabo Power, 53 filed against it. 19 cases are pending and 86 are disposed.
Total cases
105
Filed by the company
54
Filed against the company
53
Pending
19
Disposed
86
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 15 | 8 |
| District courts | 34 | 26 | 8 |
| Supreme Court | 28 | 11 | 3 |
| NCLAT | 5 | 1 | 0 |
Cases on record (5 of 105)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Civil miscellaneous application | Filed by the company against Punjab State Power Corporation Ltd Pspcl | Pending |
| High Court, PUNJAB | Court case (FAO-CARB) | Filed against the company by Punjab State Power Corporation Ltd. | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Punjab State Power Corporation Limited Through Its Dy. Ce/Fuel the Mall, Patiala ,Patiala , Punjab | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Punjab State Power Corporation Limited Through Its Chairman and Managing Director the Mall Patiala ,Patiala , Punjab | Pending |
| Supreme Court | Interim or miscellaneous application | Filed against the company by Punjab State Power Corporation Limited | Disposed |
To see the full case history of Talwandi Sabo 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
Talwandi Sabo Power Limited was last rated by Crisil on 29 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Oct 2020 |
To see the full credit ratings and regulatory alerts of Talwandi Sabo Power Limited, buy the company report.
MSME payment delays
Talwandi Sabo Power Limited has 13 MSME Form 1 returns on record between 2017 and 2023, listing 333 overdue payments to 99 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 99)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rab & Company | |||
| Tez Engineering and Infrastructure | |||
| Sheltera Consultants Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Talwandi Sabo Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Talwandi Sabo Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCT6775G1Z9 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Talwandi Sabo Power Limited, buy the company report.
Recent activity
Talwandi Sabo Power Limited has 34 board changes on record since 2008: 6 appointments and 28 cessations. The latest: Pankaj Jha was appointed as CFO on 22 Jul 2025.
Appointed
Pankaj Jha was appointed as CFO.
AGM
Talwandi Sabo Power Limited last Annual general meeting of members was held on 21 Jul 2025 as per latest MCA records.
Filing
Talwandi Sabo Power Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Rajinder Singh Ahuja was appointed as CEO.
Ceased
Pankaj Kumar Sharma ceased to be Additional Director.
Charges
A charge with Others of Rs. 7,400.00 Cr registered on 26 Jun 2020 with Charge ID 100343505 was modified on 22 Mar 2024.
Charges
A charge registered on 07 Mar 2019 via Charge ID 100249643 with Others was fully satisfied on 25 Oct 2023.
Charges
A charge registered on 27 Sep 2017 via Charge ID 100128110 with Others was fully satisfied on 25 Oct 2023.
Charges
A charge registered on 16 Dec 2015 via Charge ID 10612722 with State Bank Of India was fully satisfied on 17 Oct 2023.
Charges
A charge registered on 28 Sep 2017 via Charge ID 100129386 with Syndicate Bank was fully satisfied on 07 Oct 2023.
Appointed
Pankaj Kumar Sharma was appointed as Whole-Time Director.
Charges
A charge with State Bank Of India of Rs. 1,400.00 Cr registered on 13 Aug 2015 with Charge ID 10591321 was modified on 03 Aug 2023.
81 earlier events are in the company report.
News
Frequently asked questions
Talwandi Sabo 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 05 April 2007 (19+ years old) and is registered under CIN U40101MH2007PLC433557. Listed on BSE: 544781 and NSE: VEDPOWER.
Talwandi Sabo Power reported revenue of ₹5,486.06 Cr for FY 2025-26 (up 4.7% YoY) based on standalone financials.
Talwandi Sabo Power has 6 current directors and KMP:
- Pankaj Kumar Sharma - Whole-Time Director
- Agnivesh Agarwal - Director
- Sonal Kushwaha Choithani - Director
- Baldev Krishan Sharma - Director
- Pankaj Jha - Cfo
- Rajinder Singh Ahuja - Ceo
The latest financial statements of Talwandi Sabo Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Talwandi Sabo Power is 03AACCT6775G1Z9, registered in Punjab.
The CIN (Corporate Identification Number) of Talwandi Sabo Power is U40101MH2007PLC433557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Talwandi Sabo Power is listed on both BSE (code: 544781) and NSE (symbol: VEDPOWER).
Talwandi Sabo Power has 105 court cases on record: 54 filed by the company and 53 filed against it. 19 are pending. Most are in the high courts.
Talwandi Sabo Power was incorporated on 05 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Talwandi Sabo Power by revenue are Coastal Gujarat Power Limited, Lalitpur Power Generation Company Limited, JSW Mahanadi Power Company Limited, Jaiprakash Power Ventures Limited, Aravali Power Company Private Limited and 5 more, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Pankaj Jha was appointed as CFO on 22 Jul 2025. Rajinder Singh Ahuja was appointed as CEO on 09 Feb 2025. Pankaj Kumar Sharma ceased to be Additional Director on 11 Aug 2024. Talwandi Sabo Power has 34 board changes on record in total.
Talwandi Sabo Power has 13 MSME Form 1 returns on record between 2017 and 2023, listing 333 overdue payments to 99 micro and small suppliers. The latest return was filed on 31 Aug 2023.