About TP Ajmer Distribution Limited
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TP Ajmer Distribution Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Tata Power Company Limited. It operates in the power trading and energy markets segment of the energy and power sector. It was incorporated on 17 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2017PLC293914. Its GSTIN is 08AAGCT2158P1ZR (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Suranjit Mishra and Ritu Gupta.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O The Tata Power Company Limited 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹520.89 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹11.39 Cr (net margin 2.2%) and EBITDA of ₹26.14 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 133 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TPADL. As per MCA filings, the company has open charges of ₹100 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in May 2018. Its 5 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, 2 larger and 3 smaller; the largest is Ampin Energy Transition Private Limited with revenue of ₹591.54 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 37 overdue payments to 20 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 tpadl.com.
Company details
Contact details
TP Ajmer Distribution Limited's registered office is in Mumbai, Maharashtra. Its website is tpadl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressC/O The Tata Power Company Limited 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryEnergy and Power, Power Trading & Energy Markets
To see the full contact details of TP Ajmer Distribution 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
Business activity
The main business activity of TP Ajmer Distribution 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 TP Ajmer Distribution Limited, buy the company report.
Financials of TP Ajmer Distribution Limited
FY 2025 filings availableTP Ajmer Distribution Limited reported revenue of ₹520.89 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 15% growth in the latest year. EBITDA rose 38% 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 | ₹26.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.39 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of TP Ajmer Distribution Limited, buy the company report.
Board of directors of TP Ajmer Distribution Limited
TP Ajmer Distribution has 6 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suranjit Mishra Also directs: Tata Power Delhi Distribution Limited, Tata Power Transmission Company Limited, TP Paradeep Transmission Limited and 1 more | Director | 20 Jul 2018 | 8 Years 3 Months | Current |
| Ritu Gupta | Director | 13 Jan 2021 | 5 Years 10 Months | Current |
| Dwijadas Basak Also directs: Tata Power Delhi Distribution Limited, Tata Power Transmission Company Limited, TP Power Plus Limited and 2 more | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
| Nilesh Narayan Kane Also directs: TP Paradeep Transmission Limited, Yashmun Engineers Limited, South East U. P. Power Transmission Company Limited and 3 more | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
| Tarun Katiyar Also directs: TP Power Plus Limited, Tata Power Trading Company Limited, NDPL Infra Limited and 5 more | Additional Director | 02 Sep 2025 | 1 Years 2 Months | Current |
| Monica Singhania | Additional Director | 02 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
TP Ajmer Distribution Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Ampin Energy Transition Private Limited | ₹591.54 Cr (FY 2025) | 52.0% | New Delhi, Delhi, India | |||
| NRSS Xxix Transmission Limited | ₹535.77 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| TP Ajmer Distribution Limitedthis company | ₹520.89 Cr (FY 2025) | ₹11.39 Cr | 2.2% | 15.0% | 133 | Mumbai, Maharashtra, India |
| Jammu Power Distribution Company Limited | ₹489.81 Cr (FY 2024) | -2.0% | Jammu, Jammu and Kashmir, India | |||
| Meghalaya Power Generation Corporation Limited | ₹477.12 Cr (FY 2024) | 85.0% | Shillong, Meghalaya, India | |||
| Manipur State Power Company Limited | ₹395.8 Cr (FY 2015) | Imphal, Manipur, India |
To see the full peer comparison of TP Ajmer Distribution Limited, buy the company report.
Auditor
TP Ajmer Distribution Limited is audited by V. Sankar Aiyar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Sankar Aiyar & Co. | FY 2023 | 109208W |
Shareholding
The shareholding of TP Ajmer Distribution 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 TP Ajmer Distribution Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2017 | 100149040 | Others | ₹100 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
TP Ajmer Distribution Limited has 1 deal on record (1 acquisition); the latest was in May 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Acquisition | ₹9.99 Cr | Buyer: The Tata Power Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
TP Ajmer Distribution Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company | Pending |
| High Court of Rajasthan | Writ petition | Filed against the company | Disposed |
| District court, Ajmer, Rajasthan | Civil suit | Filed against the company by an individual | Disposed |
| District court, Ajmer, Rajasthan | Civil miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of TP Ajmer Distribution 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
TP Ajmer Distribution Limited was last rated by Care on 01 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Jul 2022 |
To see the full credit ratings and regulatory alerts of TP Ajmer Distribution Limited, buy the company report.
MSME payment delays
TP Ajmer Distribution Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 37 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satyam Enterprises | |||
| Rutvik Engineering Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of TP Ajmer Distribution Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
TP Ajmer Distribution Limited has a workforce of 133 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 | 133 |
| 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 |
To see the full employee and EPFO history of TP Ajmer Distribution Limited, buy the company report.
GST
TP Ajmer Distribution has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCT2158P1ZR | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of TP Ajmer Distribution Limited, buy the company report.
Recent activity
TP Ajmer Distribution Limited has 27 board changes on record since 2018: 8 appointments and 19 cessations. The latest: Monica Singhania was appointed as Additional Director on 02 Sep 2025.
19 earlier events are in the company report.
Frequently asked questions
TP Ajmer Distribution is an active public limited company based in Mumbai, Maharashtra, India. The company works in power trading and energy markets, within the energy and power industry. It was incorporated on 17 April 2017 (9+ years old) and is registered under CIN U40100MH2017PLC293914.
TP Ajmer Distribution has 6 current directors:
- Suranjit Mishra - Director
- Ritu Gupta - Director
- Dwijadas Basak - Director
- Nilesh Narayan Kane - Director
- Tarun Katiyar - Additional Director
- Monica Singhania - Additional Director
The latest financial statements of TP Ajmer Distribution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of TP Ajmer Distribution is 08AAGCT2158P1ZR, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of TP Ajmer Distribution is U40100MH2017PLC293914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Ajmer Distribution has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the high courts.
TP Ajmer Distribution was incorporated on 17 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
TP Ajmer Distribution has 1 deal on record (1 acquisition); the latest was in May 2018.
The peers of TP Ajmer Distribution by revenue are Ampin Energy Transition Private Limited, NRSS Xxix Transmission Limited, Jammu Power Distribution Company Limited, Meghalaya Power Generation Corporation Limited, Manipur State Power Company Limited, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Monica Singhania was appointed as Additional Director on 02 Sep 2025. Tarun Katiyar was appointed as Additional Director on 02 Sep 2025. Jitender Bhaya was appointed as CFO on 01 Aug 2024. TP Ajmer Distribution has 27 board changes on record in total.
TP Ajmer Distribution has 7 MSME Form 1 returns on record between 2019 and 2022, listing 37 overdue payments to 20 micro and small suppliers. The latest return was filed on 01 Nov 2022.
TP Ajmer Distribution can be reached through the website tpadl.com. Its registered office is in Mumbai, Maharashtra, India.
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