About TP Central Odisha Distribution Limited
Data last updated:
TP Central Odisha Distribution Limited is a public limited company based in Bhubaneswar, Odisha, India, a subsidiary of The Tata Power Company Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 06 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U40109OR2020PLC032901. Its GSTIN is 21AAHCT8404D1ZQ (Odisha).
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹877.73 Cr. It is led by directors including Arup Ghosh and Praveer Sinha.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Power House Square Unit – 8, Bhubaneswar, Odisha, India – 751012.
As per the financials filed for FY 2025, the company reported a revenue of ₹6,129.57 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹150.14 Cr (net margin 2.4%) and EBITDA of ₹598.79 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company has about 1,970 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tpcodl. As per MCA filings, the company has open charges of ₹2,757.23 Cr and satisfied charges of ₹675 Cr on record. Court records list 165 cases involving the company, including 40 filed by the company and 125 filed against it; 59 cases are pending. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024. Its 8 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 4 smaller; the largest is Chhattisgarh State Power Generation Company Limited with revenue of ₹6,555.55 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 117 overdue payments to 49 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 tpcentralodisha.com.
Company details
CIN history
TP Central Odisha Distribution has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40109OR2020PLC032901, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109OR2020PLC032901 | Current |
| U40100OR2020SGC032901 | Previous |
| U40100OR2020PLC032901 | Previous |
Contact details
TP Central Odisha Distribution Limited's registered office is in Bhubaneswar, Odisha. Its website is tpcentralodisha.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPower House Square Unit – 8, Bhubaneswar, Odisha, India – 751012
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of TP Central Odisha 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
Brands
TP Central Odisha Distribution operates one associated brand: TPCODL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity is distributed across Central Odisha by TPCODL. | tpcentralodisha.com |
Business activity
The main business activity of TP Central Odisha 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 Central Odisha Distribution Limited, buy the company report.
Financials of TP Central Odisha Distribution Limited
FY 2025 filings availableTP Central Odisha Distribution Limited reported revenue of ₹6,129.57 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 9% growth in the latest year. EBITDA rose 42% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹598.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹150.14 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 TP Central Odisha Distribution Limited, buy the company report.
Board of directors of TP Central Odisha Distribution Limited
TP Central Odisha Distribution has 12 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
TP Central Odisha Distribution Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Chhattisgarh State Power Generation Company Limited | ₹6,555.55 Cr (FY 2022) | 7.0% | Raipur, Chhattisgarh, India | |||
| TP Western Odisha Distribution Limited | ₹6,519.06 Cr (FY 2025) | -4.0% | Burla, Odisha, India | |||
| Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited | ₹6,406.08 Cr (FY 2025) | 4.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Madhya Pradesh Power Transmission Company Limited | ₹6,264.1 Cr (FY 2025) | 29.0% | Jabalpur, Madhya Pradesh, India | |||
| TP Central Odisha Distribution Limitedthis company | ₹6,129.57 Cr (FY 2025) | ₹150.14 Cr | 2.4% | 9.0% | 1,970 | Bhubaneswar, Odisha, India |
| Jharkhand Bijli Vitran Nigam Limited | ₹6,017.28 Cr (FY 2019) | -10.0% | Ranchi, Jharkhand, India | |||
| Manikaran Power Limited. | ₹4,783.27 Cr (FY 2024) | 16.0% | Kolkata, West Bengal, India | |||
| Rajasthan Rajya Vidyut Prasaran Nigam Limited | ₹4,634.41 Cr (FY 2025) | -6.0% | Jaipur, Rajasthan, India | |||
| Tamilnadu Transmission Corporation Limited | ₹4,476.99 Cr (FY 2023) | 23.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of TP Central Odisha Distribution Limited, buy the company report.
Auditor
TP Central Odisha Distribution Limited is audited by S R B C & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co. LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of TP Central Odisha Distribution Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of TP Central Odisha Distribution Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2025 | 101171813 | Others | ₹250 Cr | Open | |
| 06 Mar 2025 | 101062286 | Idbi Bank Limited | ₹250 Cr | Open | |
| 06 Mar 2025 | 101062287 | Others | ₹250 Cr | Open | |
| 28 Jun 2024 | 100951342 | Canara Bank | ₹237.09 Cr | Open | |
| 04 Mar 2023 | 100693242 | Others | ₹245.14 Cr | Open |
To see the full charge records of TP Central Odisha Distribution Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
TP Central Odisha Distribution Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹288 Cr | Investors: The Tata Power Company Limited , Gridco Limited |
| Mar 2022 | Rights issue | ₹289.74 Cr | Investors: The Tata Power Company Limited , Gridco Limited |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: The Tata Power Company Limited Seller: Gridco Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
TP Central Odisha Distribution Limited has 165 court cases on record: 40 filed by TP Central Odisha Distribution, 125 filed against it. 59 cases are pending and 106 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 105 | 83 | 30 |
| District courts | 41 | 30 | 18 |
| Supreme Court | 15 | 12 | 11 |
| NCLAT | 4 | 0 | 0 |
Cases on record (5 of 165)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2501-Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016) | Filed against the company by M/S Reliance Projects and Property Management Limited | Disposed |
| High Court of Orissa | Appeal | Filed by the company against Odisha Power Transmission Corporation Ltd (Optcl),Bhubaneswar and 1 other | Pending |
| High Court of Orissa | Writ petition | Filed by the company against M/S. Tatwa Technologies Ltd., BBSR and 2 others | Pending |
| Supreme Court | Court case (0905-Civil Law : Any matter arising out of Civil suit/proceedings, which is not covered in any of the above categories) | Filed by the company against Allied Engineering Works Pvt. Ltd. Through the Managing Director M-11, Badli Industrial Area , District: Delhi ,New Delhi , Delhi and 3 others | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed by the company against T.S. Alloys Limited Through the Managing Director N-3/24, Nayapalli, Bhubaneshwar, Dist. Khurda, Odisha. , District: Khurda ,Bhubaneswar , Orissa and 3 others | Pending |
To see the full case history of TP Central Odisha 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 Central Odisha Distribution Limited was last rated by Crisil on 06 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Nov 2020 |
To see the full credit ratings and regulatory alerts of TP Central Odisha Distribution Limited, buy the company report.
MSME payment delays
TP Central Odisha Distribution Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 117 overdue payments to 49 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 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bharat Kumar Sahoo | |||
| an individual supplier | |||
| Acme Universal Safezone 9 Limited | |||
| Konark Transformers Pvt Ltd |
To see the full MSME payment records of TP Central Odisha Distribution Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
TP Central Odisha Distribution Limited has a workforce of 1,970 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
TP Central Odisha Distribution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCT8404D1ZQ | Odisha | Active | 08 Jun 2020 |
To see the full GST registrations and return filing status of TP Central Odisha Distribution Limited, buy the company report.
Recent activity
TP Central Odisha Distribution Limited has 45 board changes on record since 2020: 16 appointments and 29 cessations. The latest: Kshirod Chandra Nanda was appointed as Additional Director on 17 Jul 2025.
55 earlier events are in the company report.
News
Frequently asked questions
TP Central Odisha Distribution is an active public limited company based in Bhubaneswar, Odisha, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 06 April 2020 (6+ years old) and is registered under CIN U40109OR2020PLC032901.
TP Central Odisha Distribution has 12 current directors:
- Srinivas Injeti - Additional Director
- Arup Ghosh - Director
- Praveer Sinha - Director
- Rajeev Sharma - Director
- Sanjay Kumar Banga - Director
- Sanjeev Gupta - Director
- Rabindra Nath Nayak - Director
- Vishal Kumar Dev - Additional Director
- Satya Priya Rath - Additional Director
- Kailash Nath Shrivastava - Director
- Shefali Shah - Director
- Kshirod Chandra Nanda - Additional Director
The latest financial statements of TP Central Odisha Distribution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 July 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of TP Central Odisha Distribution is 21AAHCT8404D1ZQ, registered in Odisha.
The CIN (Corporate Identification Number) of TP Central Odisha Distribution is U40109OR2020PLC032901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Central Odisha Distribution has 165 court cases on record: 40 filed by the company and 125 filed against it. 59 are pending. Most are in the high courts.
TP Central Odisha Distribution was incorporated on 06 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
TP Central Odisha Distribution has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024.
The peers of TP Central Odisha Distribution by revenue are Chhattisgarh State Power Generation Company Limited, TP Western Odisha Distribution Limited, Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited, Madhya Pradesh Power Transmission Company Limited, Jharkhand Bijli Vitran Nigam Limited and 3 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Kshirod Chandra Nanda was appointed as Additional Director on 17 Jul 2025. Satya Priya Rath was appointed as Additional Director on 17 Jul 2025. Vishal Kumar Dev was appointed as Additional Director on 28 Nov 2024. TP Central Odisha Distribution has 45 board changes on record in total.
TP Central Odisha Distribution has 7 MSME Form 1 returns on record between 2021 and 2024, listing 117 overdue payments to 49 micro and small suppliers. The latest return was filed on 26 Apr 2024.
TP Central Odisha Distribution can be reached through the website tpcentralodisha.com. Its registered office is in Bhubaneswar, Odisha, India.