Gridco Limited - Company overview

Gridco is an MCA-registered Indian company: a Public Limited State Government Company (CIN U40109OR1995SGC003960). Business overview include…

1995-04-20 Khurda, Orissa Active Unlisted Active Compliant
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GL Gridco Limited

Key Metrics

AUTHORISED CAPITAL
6,000.00 cr
PAID-UP CAPITAL
3,611.84 cr
COMPANY AGE
31 Years 0 Months
since 1995-04-20
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-24
OPEN CHARGES
13
-4,470.12 cr
SATISFIED CHARGES
67
11,402.76 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
2
Updated: 2023-10-20 18:48:52

About Gridco

Gridco is an MCA-registered Indian company: a Public Limited State Government Company (CIN U40109OR1995SGC003960). Business overview includes Energy and Power (Power Transmission & Distribution Services), incorporated on April 20, 1995 (31+ years old), headquartered in Khurda, Orissa, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹12.09 Kharab with a loss of ₹778.18 Cr. It has 12 active directors. The company employs approximately 8 people. Its latest credit rating is A- by Brickwork.

Power Transmission & Distribution Services
  • Location Janpath Bhubaneswar, Khurda, Orissa - 751022
  • Website gridco.co.in
Name History
CIN / LLPINU40109OR1995SGC003960
Company No.003960
ClassificationPublic Limited State Government Company
Incorporation Date1995-04-20
Date of AGM2025-09-24
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Cuttack
Credit RatingA- (Brickwork)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Gridco

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (12)

P
Director | Since 2023-09-16
N
Nominee Director | Since 2025-07-21
R
Director | Since 2022-10-06
S
Company Secretary | Since 2007-04-10
V
Additional Director | Since 2025-01-02
S
Managing Director | Since 2018-02-21

Charges Overview

Canara Bank : 2,029.77 cr
State Bank Of India : 700.00 cr
Others : 500.00 cr
Open Charges: 13 Satisfied Charges: 67
Open -4,470.12 cr
Satisfied 11,402.76 cr
LenderAmountStatus
Others
Creation Date: 06 Sep 2025
500.00 cr Open
State Bank Of India
Creation Date: 10 Apr 2025
700.00 cr Open
Canara Bank
Creation Date: 21 Sep 2024
500.00 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Electricity, gas, steam and air condition supply-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Gridco
What is CIN of Gridco?
The Corporate Identification Number (CIN) for Gridco is U40109OR1995SGC003960. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 003960 as per MCA.
When was Gridco incorporated?
Gridco was incorporated 31 years 24 days ago on 20 Apr 1995.
What is paid-up capital and authorised share capital of Gridco?
The paid-up capital of Gridco is ₹ 36,118,432,000.00 and authorised share capital is ₹ 60,000,000,000.00.
Who are the current board members and directors of Gridco?
Currently 11 directors are associated with Gridco: Pradeep Kumar Pujari, Nihar Ranjan Panda, Rabindra Nath Nayak, Susmita Dash, Vishal Kumar Dev, Satya Priya Rath, Susanta Kumar Singh, Padmaja Mishra, Debasish Das, Kshirod Chandra Nanda, Girish Tanty.
  • Pradeep Kumar Pujari
  • Nihar Ranjan Panda
  • Rabindra Nath Nayak
  • Susmita Dash
  • Vishal Kumar Dev
  • Satya Priya Rath
  • Susanta Kumar Singh
  • Padmaja Mishra
  • Debasish Das
  • Kshirod Chandra Nanda
  • Girish Tanty
What is the registered address of Gridco?
As per Ministry of Corporate Affairs (MCA), the registered address of Gridco is Janpath Bhubaneswar, Khurda, Orissa, 751022, India.
What is the official website of Gridco?
The official website of Gridco is https://gridco.co.in.
What is the ROC code of Gridco?
Gridco ROC code is Roc Cuttack.
What is the company classification of Gridco?
Gridco is classified as Public Limited State Government Company.
Gridco - is it listed or unlisted?
Gridco is a Unlisted company.
What is the current status of Gridco?
Gridco is currently Active and registered in Khurda, Orissa, India.
What industry or business activity is Gridco associated with?
Gridco lists activity aligned with: Energy and Power - Power Transmission & Distribution Services - Electricity, gas, steam and air condition supply. See the Overview and Competition sections for fuller industry context.
How many employees does Gridco have?
Available records indicate roughly 8 employees for Gridco. Confirm against filings and EPFO-related signals on the profile where shown.
Does Gridco have GST registrations on file?
Gridco shows 2 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Gridco?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Gridco.
How do I contact Gridco?
Use the official website at https://gridco.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Gridco?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Gridco?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Gridco (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ -5,662.32 Cr. Verify figures on the Financial tab and supporting filings.