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MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED

Active
Updated: 20 Oct 2024

Maharashtra State Power Generation Company Limited, is an unlisted public company incorporated on 31 May, 2005. It is classified as a State government company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 40,000.00 cr and the total paid-up capital is INR 26,304.19 cr.

Maharashtra State Power Generation Company Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2019. It's EBITDA has decreased by 16.61% over the previous year. At the same time, it's book networth has decreased by 1.78%.

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Industry

Electricity, Gas & Water
Products
  • wind, hydro-electric and responsible fossil generation directed towards shrinking our carbon footprints, Solar, gas
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
3.27%
₹ 30,076.6
EBITDA
153.49%
₹ 2,846.9
Net Profit
-
₹ 173.4
Networth
-4.87%
₹ 16,148.4
Borrowings
-2.84%
₹ 40,768.4
Assets
0.06%
₹ 76,893.6
Gross Margin
6.96
24.6 %
Operating Margin
5.61
9.5 %
Net Profit Margin
2.91
0.5 %
Return on Equity
5.76
1.1 %
ROCE
4.13
0.4 %
Debt to Equity
0.05
2.5
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (19)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • HIGH LEVERAGE
  • LOW ROCE
  • PAYABLES DETERIORATING
  • LOW CASH BALANCE
  • CASH DETERIORATING
Low Risk
  • GROSS MARGINS DETERIORATING
  • EBITDA MARGINS DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 24,656.3 23,575.5 22,184.0 29,123.6 30,076.6
Operating profit 6,508.7 6,749.9 2,876.3 1,123.1 2,846.9
Net profit -125.5 276.2 -1,644.3 -796.1 173.4
Gross margin 41.6 42.8 29.6 17.6 24.6
Operating margin 26.4 28.6 13.0 3.9 9.5
Net margin -0.5 1.2 -7.0 -2.4 0.5
Networth 18,326.6 19,047.7 17,695.4 16,975.8 16,148.4
Borrowings 30,828.8 32,925.8 39,510.6 41,960.1 40,768.4
Assets 67,230.7 72,155.2 73,129.4 76,846.7 76,893.6
Debt to equity 1.7 1.7 2.2 2.5 2.5
Current ratio 1.1 1.1 1.1 1.2 1.0
ROE -0.7 1.4 -9.3 -4.7 1.1
Days payable 57.0 89.0 155.0 123.0 157.0
WC days 45.0 60.0 47.0 65.0 8.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 25,344.0 25,408.0 25,450.4 25,918.5 26,115.4
Reserves -7,017.4 -6,360.3 -7,755.0 -8,942.8 -9,967.0
Borrowings + 30,828.8 32,925.8 39,510.6 41,960.1 40,768.4
Long term borrowings 22,727.0 22,452.2 22,211.2 24,687.3 24,724.5
Short term borrowings 8,101.8 10,473.5 17,299.4 17,272.7 16,043.9
Trade payables + 2,251.9 3,281.6 6,653.4 8,103.2 9,749.5
Days payable 57.0 89.0 155.0 123.0 157.0
Other liabilities + 18,075.3 20,181.7 15,923.4 17,910.9 19,976.8
Other non-current liabilities 5,545.4 5,326.1 5,027.6 5,069.0 5,282.3
Other current liabilities 10,278.0 11,574.1 4,242.4 4,738.7 4,945.0
Total liabilities 67,230.7 72,155.2 73,129.4 76,846.7 76,893.6
Fixed Assets + 42,947.9 42,134.0 41,532.5 40,832.1 40,381.2
Tangible assets 36,507.3 34,286.3 32,774.7 31,040.5 29,253.4
CWIP 2,253.6 3,916.4 5,081.6 6,368.0 7,837.2
Intangible assets 4,187.0 3,931.3 3,676.2 3,423.5 3,290.7
LT loans and advances - - - - -
Other non-current assets 589.2 801.7 555.3 743.9 5,134.1
Current assets + 23,693.6 29,219.4 31,041.6 35,270.8 31,378.2
Inventories 1,763.0 930.1 1,255.8 2,114.8 2,943.6
Trade receivables 17,930.7 24,518.2 27,231.9 31,567.4 26,924.0
Cash and cash equivalents 4.9 57.5 100.8 354.9 160.8
ST loans and advances 7.7 5.8 5.4 1.8 1.9
Other current assets 3,987.3 3,707.9 2,447.8 1,231.9 1,347.9
Total assets 67,230.7 72,155.2 73,129.4 76,846.7 76,893.6
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 24,656.3 23,575.5 22,184.0 29,123.6 30,076.6
Sales growth % 15.13 -4.38 -5.9 31.28 3.27
Expenses + 24,526.3 23,200.4 25,619.3 34,336.5 33,528.4
Cost of goods 14,398.3 13,493.0 15,624.4 23,983.0 22,675.0
Employee cost 1,828.4 1,429.0 1,662.5 1,706.1 2,257.1
Other costs 1,920.9 1,903.6 2,020.7 2,311.5 2,297.7
Operating profit + 6,508.7 6,749.9 2,876.3 1,123.1 2,846.9
Operating margin % 26.4 28.6 13.0 3.9 9.5
Other income 80.5 49.5 1,331.7 4,199.4 3,011.4
Interest 3,578.8 3,637.0 3,523.5 3,493.2 3,610.9
Depreciation 2,799.9 2,737.8 2,788.1 2,842.8 2,687.7
Exceptional items - - - - 796.3
Profit before tax 210.5 424.6 -2,103.6 -1,013.5 355.9
Tax 336.0 149.0 -459.3 -217.4 182.5
Profit - disc. ops - 0.6 - - -
Net profit -125.5 276.2 -1,644.3 -796.1 173.4
Net margin % -0.5 1.2 -7.0 -2.4 0.5
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 1.7 1.7 2.2 2.5 2.5
Net Debt/Equity 1.7 1.7 2.2 2.5 2.5
Total Debt/Assets 0.5 0.5 0.5 0.6 0.5
Total Assets/Equity 3.7 3.8 4.1 4.5 4.8
Liquidity +
Current Ratio 1.1 1.1 1.1 1.2 1.0
Quick Ratio 1.1 1.1 1.1 1.1 0.9
Interest Coverage 1.8 1.9 0.8 0.3 0.8
Performance
Gross Margin 41.6 42.8 29.6 17.6 24.6
Operating Margin 26.4 28.6 13.0 3.9 9.5
Net Margin -0.5 1.2 -7.0 -2.4 0.5
Return +
Return on Equity -0.7 1.4 -9.3 -4.7 1.1
Pre-tax ROCE 8.1 8.7 0.2 -3.7 0.4
Return on Assets -0.2 0.4 -2.2 -1.0 0.2
Pre-tax ROIC 7.5 7.7 0.1 -2.9 0.3
Efficiency +
Days Payable 57.0 89.0 155.0 123.0 157.0
Days Inventory 45.0 25.0 29.0 32.0 47.0
Days Receivable 265.0 380.0 448.0 396.0 327.0
Fixed Asset Turnover 0.6 0.6 0.5 0.7 0.7
Total Asset Turnover 0.4 0.3 0.3 0.4 0.4
Working Capital
Cash Conversion Cycle 253.0 316.0 322.0 305.0 217.0
Working Capital Days 45.0 60.0 47.0 65.0 8.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Power Finance Corporation Limited

No. of Loans: 30

Total Amount : 21,589.6 cr

2

REC LIMITED

No. of Loans: 13

Total Amount : 21,315.6 cr

3

Bank of India

No. of Loans: 2

Total Amount : 10,700.0 cr

4

Rural Electrification Corporation Limited

No. of Loans: 9

Total Amount : 8,667.4 cr

5

Bank of Baroda

No. of Loans: 2

Total Amount : 2,000.0 cr

6

Bank of Maharashtra

No. of Loans: 3

Total Amount : 1,572.0 cr

7

Central Bank of India

No. of Loans: 2

Total Amount : 1,034.0 cr

8

State Bank of India

No. of Loans: 1

Total Amount : 1,000.0 cr

9

Canara Bank

No. of Loans: 1

Total Amount : 550.0 cr

10

Indian Bank

No. of Loans: 2

Total Amount : 190.0 cr

11

IL&FS Trust Company Limited

No. of Loans: 1

Total Amount : 168.8 cr

12

Indian Renewable Energy Development Agency Limited

No. of Loans: 1

Total Amount : 39.4 cr

13

HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED

No. of Loans: 1

Total Amount : 28.4 cr

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Charges

Power Finance Corporation Limited
REC LIMITED
Bank of India
Rural Electrification Corporation Limited
Others

People

Designation Name DIN/PAN Tenure
Director Vishwas Vasant Pathak 00093771 3 years
Director Anbalagan Ponnusamy 05117747 3 years
Director Balasaheb Baburao Thite 08923676 5 years
Kmp Balasaheb Baburao Thite <HIDDEN> 3 years
Director Abha Shukla 09054999 2 years
Director Sanjay Manoharrao Marudkar 09676934 3 years
Director Abhay Arun Harne 10178361 2 years
CS Rahul Dubey <HIDDEN> 19 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
MAHANAGAR TELEPHONE NIGAM LIMITED
Active
630.0 Cr 1 Delhi
MAHARASHTRA STATE ELECTRICITY DISTRIBUTION COMPANY LIMITED
Active
49,721.7 Cr 2 Maharashtra
MAHARASHTRA STATE ELECTRICITY TRANSMISSION COMPANY LIMITED
Active
8,985.0 Cr 2 Maharashtra
MSEB HOLDING COMPANY LIMITED
Active
91,878.8 Cr 3 Maharashtra
MAHARASHTRA PETRO CHEMICALS CORPORATION LIMITED
Active
9.0 Cr 1 Maharashtra
CHHATTISGARH KATGHORA DONGARGARH RAILWAY LIMITED
Active
2.0 Cr 1 Chattisgarh
MAHAGUJ COLLIERIES LIMITED
Active
5.0 L 2 Maharashtra
MAHAGENCO RENEWABLE ENERGY LIMITED
Active
5.0 L 3 Maharashtra
U C M COAL COMPANY LIMITED
Active
16.0 L 2 Uttar Pradesh
MAHA TAMIL COLLIERIES LIMITED
Active
5.0 L 1 Maharashtra
RATNAGIRI GAS AND POWER PRIVATE LIMITED
Active
3,272.3 Cr 1 Delhi
DHOPAVE COASTAL POWER LIMITED
Active
5.0 L 2 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
MAHAGUJ COLLIERIES LIMITED Maharashtra 2006 ₹ 5.0 L
DHOPAVE COASTAL POWER LIMITED Maharashtra 2007 ₹ 5.0 L
MAHAGENCO RENEWABLE ENERGY LIMITED Maharashtra 2007 ₹ 5.0 L

Registered Details

CIN

U40100MH2005SGC153648

PAN

AAECM2935R

Incorporation

2005, 19.9 years

Company Email

cs@mahagenco.in

Paid up Capital

₹ 26,304.2 Cr

Authorised Capital

₹ 40,000.0 Cr

AGM

Oct 2023

Type

Public
State Government Company

FAQ - MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED

What is the incorporation date of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED?

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The incorporation date of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED is 31 May, 2005

What is the authorized share capital of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED?

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The authorized share capital of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED is INR ₹ 40,000.0 Cr.

What is the paid-up capital of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED?

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The paid-up capital of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED is INR ₹ 26,304.2 Cr.

What is the registered address of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED?

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The registered address of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED is PRAKASHGAD PLOT NO G-9ANANT KANEKAR MARG BANDRA (EAST) NA MUMBAI Maharashtra - 400051

What is the CIN number of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED?

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The CIN number of MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED is U40100MH2005SGC153648.

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