Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Himachal Pradesh State Electricity Board Limited
Location
People
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
Network
T. Score
Registered Details

HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED

All Companies ›

Himachal Pradesh ›

Electricity, Gas & Water ›

Active

Updated: 14 Jul 2026

The company generates and supplies power through a network of transmission

Himachal Pradesh State Electricity Board Limited, is an unlisted public company incorporated on 03 December, 2009. It is classified as a State government company and is located in , Himachal Pradesh. It's authorized share capital is INR 1,100.00 cr and the total paid-up capital is INR 932.55 cr.

Subscription Plans

Industry and products

Electricity, Gas & Water

and distribution lines., sub- transmission

Company size

Auth Capital

₹ 1,100.0 Cr

Paidup Capital

₹ 932.5 Cr

Revenue

₹ >5000 cr

Key Metrics

** All rupee values in INR crores.

Total Revenue

13.95%

₹ GET PRO

EBITDA

-504.35%

₹ GET PRO

Net Profit

₹ GET PRO

Networth

₹ GET PRO

Borrowings

3.19%

₹ GET PRO

Assets

0.41%

₹ GET PRO

Gross Margin

-6.63

GET PRO %

Operating Margin

-20.37

GET PRO %

Net Profit Margin

-15.02

GET PRO %

Return on Equity

GET PRO %

ROCE

-26.9

GET PRO %

Debt to Equity

3.55

GET PRO

Sales

Mar 2023

Net worth

Mar 2023

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

Buy credits

View subscriptions

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
Financial+Litigation report

₹ 1299
- Everything in financial report
- Litigation report on the company
Due diligence report

₹ 2999
- Everything in financial+litigation report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.

Locations

India (1)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Prabodh Saxena	08255489	1 years
Nominee Director	Devesh Kumar	00329576	1 years
Nominee Director	Rakesh Kanwar	06532390	2 years
Whole-time Director	Anurag Chander Sharma Shareholder	10497922	2 years
Director	Rajeev Sood	10293180	3 years
Director	Maninderjeet Kaur	10299005	3 years

Financial Highlights

** All numbers in INR crores

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Sales	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Operating profit	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Net profit	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Gross margin	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Operating margin	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Net margin	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Networth
Borrowings	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Debt to equity	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Current ratio	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
ROE	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Days payable	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
WC days	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Reserves	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Borrowings +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Long term borrowings	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Short term borrowings	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Trade payables +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Days payable	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other liabilities +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other non-current liabilities	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other current liabilities	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Total liabilities	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Fixed Assets +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Tangible assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
CWIP	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Intangible assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
LT loans and advances	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other non-current assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Current assets +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Inventories	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Trade receivables	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Cash and cash equivalents	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
ST loans and advances	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other current assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Total assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO

Percentage of assets	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Reserves	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Borrowings +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Long term borrowings	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Short term borrowings	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Trade payables	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other liabilities +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other non-current liabilities	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other current liabilities	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Total liabilities	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Fixed Assets +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Tangible assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
CWIP	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Intangible assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
LT loans and advances	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other non-current assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Current assets +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Inventories	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Trade receivables	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Cash and cash equivalents	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
ST loans and advances	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other current assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Total assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	687.8	756.5	781.5	832.2	882.2
Reserves	-1,517.3	-1,509.2	-1,694.5	-1,798.1	-3,234.8
Borrowings +	6,219.9	6,535.0	6,994.2	7,001.4	7,301.7
Long term borrowings	5,740.8	6,236.7	6,479.9	6,206.2	6,155.4
Short term borrowings	479.1	298.4	514.3	795.2	1,146.3
Trade payables +	1,345.9	1,219.0	1,241.8	1,173.7	893.9
Days payable	106.0	106.0	111.0	93.0	57.0
Other liabilities +	3,657.4	4,170.7	4,285.9	4,910.9	6,497.3
Other non-current liabilities	2,528.3	2,815.4	3,140.4	3,761.8	4,447.4
Other current liabilities	1,129.1	1,355.3	1,145.4	1,149.2	2,049.9
Total liabilities	10,393.7	11,172.0	11,608.9	12,120.1	12,340.3
Fixed Assets +	8,681.8	9,059.0	9,473.1	10,003.2	10,357.9
Tangible assets	5,728.3	5,885.5	5,794.6	6,293.3	6,662.2
CWIP	2,900.1	3,107.0	3,618.0	3,661.4	3,641.2
Intangible assets	53.4	66.6	60.5	48.5	54.5
LT loans and advances	6.8	7.2	5.5	5.0	6.9
Other non-current assets	273.9	373.9	376.7	345.1	302.0
Current assets +	1,431.2	1,731.9	1,753.6	1,766.9	1,673.5
Inventories	155.1	212.5	170.7	122.0	103.9
Trade receivables	477.2	580.2	401.0	400.6	301.2
Cash and cash equivalents	55.1	134.1	83.7	122.6	116.1
ST loans and advances	2.6	5.2	5.9	11.9	6.4
Other current assets	741.2	799.8	1,092.1	1,109.7	1,146.0
Total assets	10,393.7	11,172.0	11,608.9	12,120.1	12,340.3

Percentage of assets	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	6.62	6.77	6.73	6.87	7.15
Reserves	-14.6	-13.51	-14.6	-14.84	-26.21
Borrowings +	59.84	58.49	60.25	57.77	59.17
Long term borrowings	55.23	55.82	55.82	51.21	49.88
Short term borrowings	4.61	2.67	4.43	6.56	9.29
Trade payables	12.95	10.91	10.7	9.68	7.24
Other liabilities +	48.14	48.24	47.62	50.2	59.9
Other non-current liabilities	24.33	25.2	27.05	31.04	36.04
Other current liabilities	10.86	12.13	9.87	9.48	16.61
Total liabilities
Fixed Assets +	83.53	81.09	81.6	82.53	83.94
Tangible assets	55.11	52.68	49.92	51.92	53.99
CWIP	27.9	27.81	31.17	30.21	29.51
Intangible assets	0.51	0.6	0.52	0.4	0.44
LT loans and advances	0.07	0.06	0.05	0.04	0.06
Other non-current assets	2.64	3.35	3.24	2.85	2.45
Current assets +	13.77	15.5	15.11	14.58	13.56
Inventories	1.49	1.9	1.47	1.01	0.84
Trade receivables	4.59	5.19	3.45	3.31	2.44
Cash and cash equivalents	0.53	1.2	0.72	1.01	0.94
ST loans and advances	0.03	0.05	0.05	0.1	0.05
Other current assets	7.13	7.16	9.41	9.16	9.29
Total assets

Total assets

Charges on assets

Bank wise

Charges

Rural Electrification Corporation Limited

No. of Loans: 35

Total Amount : 2,619.6 cr

Power Finance Corporation Limited

No. of Loans: 15

Total Amount : 1,820.3 cr

REC LIMITED

No. of Loans: 25

Total Amount : 1,530.9 cr

State Bank of India

No. of Loans: 2

Total Amount : 462.7 cr

HIMACHL PRADESH STATE COOPERATIVE BANK LTD

No. of Loans: 1

Total Amount : 350.0 cr

Kangra Central Cooperative Bank Limited

No. of Loans: 1

Total Amount : 250.0 cr

Punjab National Bank

No. of Loans: 2

Total Amount : 249.0 cr

Bank of Maharashtra

No. of Loans: 1

Total Amount : 200.0 cr

HIMACHAL PRADESH STATE COOPERATIVE BANK

No. of Loans: 1

Total Amount : 200.0 cr

THE HIMACHAL PRADESH STATE COOPERATIVE BANK LIMITED

No. of Loans: 1

Total Amount : 200.0 cr

HP STATE COOPERATIVE BANK LIMITED

No. of Loans: 1

Total Amount : 162.3 cr

RURAL ELECTRIFICATION CORPORATION LIMITE D

No. of Loans: 1

Total Amount : 3.1 cr

Charge Holder	Amount	Date of creation/modification
REC LIMITED	105.0 cr	18 Sep, 2025
REC LIMITED	101.3 cr	18 Sep, 2025
HIMACHL PRADESH STATE COOPERATIVE BANK LTD	350.0 cr	31 May, 2025
Bank of Maharashtra	200.0 cr	07 Mar, 2025
HIMACHAL PRADESH STATE COOPERATIVE BANK	200.0 cr	17 Jan, 2025
THE HIMACHAL PRADESH STATE COOPERATIVE BANK LIMITED	200.0 cr	05 Nov, 2024
REC LIMITED	82.5 cr	14 Oct, 2024
State Bank of India	300.0 cr	14 Aug, 2024
REC LIMITED	3.3 cr	21 May, 2024
Power Finance Corporation Limited	148.7 cr	26 Mar, 2024
REC LIMITED	80.3 cr	04 Jul, 2023
REC LIMITED	57.4 cr	07 Feb, 2023
REC LIMITED	83.7 cr	07 Feb, 2023
Kangra Central Cooperative Bank Limited	250.0 cr	02 Dec, 2022
REC LIMITED	3.2 cr	15 Jun, 2022
Punjab National Bank	14.0 cr	09 Feb, 2022
REC LIMITED	17.8 cr	07 Dec, 2021
Punjab National Bank	235.0 cr	06 Dec, 2021
REC LIMITED	8.5 cr	07 Oct, 2021
REC LIMITED	275.0 cr	16 Aug, 2021
REC LIMITED	111.2 cr	27 Jul, 2021
REC LIMITED	42.5 cr	08 Jun, 2021
REC LIMITED	58.0 cr	05 May, 2021
REC LIMITED	29.1 cr	30 Dec, 2020
REC LIMITED	16.4 cr	21 Sep, 2020
REC LIMITED	73.3 cr	01 Jul, 2020
REC LIMITED	20.1 cr	02 Jun, 2020
State Bank of India	162.7 cr	13 Mar, 2020
REC LIMITED	10.3 cr	20 Feb, 2020
HP STATE COOPERATIVE BANK LIMITED	162.3 cr	26 Dec, 2019
REC LIMITED	185.7 cr	31 Oct, 2019
REC LIMITED	9.7 cr	19 Aug, 2019
REC LIMITED	55.0 cr	21 May, 2019
REC LIMITED	23.7 cr	29 Mar, 2019
REC LIMITED	35.0 cr	15 Mar, 2019
REC LIMITED	42.7 cr	30 Nov, 2018
Power Finance Corporation Limited	933.4 cr	26 Nov, 2018
Rural Electrification Corporation Limited	36.2 cr	10 Sep, 2018
Rural Electrification Corporation Limited	12.4 cr	06 Jun, 2018
Power Finance Corporation Limited	81.1 cr	27 Oct, 2017
Rural Electrification Corporation Limited	12.5 cr	11 Oct, 2017
Rural Electrification Corporation Limited	20.1 cr	17 Aug, 2017
Rural Electrification Corporation Limited	13.0 cr	17 Aug, 2017
Rural Electrification Corporation Limited	0.5 cr	16 Aug, 2017
Rural Electrification Corporation Limited	11.1 cr	31 Mar, 2017
Rural Electrification Corporation Limited	26.1 cr	30 Jan, 2017
Rural Electrification Corporation Limited	26.3 cr	30 Jan, 2017
Rural Electrification Corporation Limited	280.7 cr	17 Oct, 2016
Rural Electrification Corporation Limited	105.0 cr	14 Jun, 2016
Rural Electrification Corporation Limited	112.6 cr	31 Mar, 2016
Rural Electrification Corporation Limited	15.0 cr	31 Mar, 2016
RURAL ELECTRIFICATION CORPORATION LIMITE D	3.1 cr	26 Feb, 2016
Rural Electrification Corporation Limited	18.1 cr	01 Jan, 2016
Rural Electrification Corporation Limited	62.9 cr	29 Dec, 2015
Power Finance Corporation Limited	49.3 cr	28 Sep, 2015
Power Finance Corporation Limited	6.3 cr	28 Sep, 2015
Power Finance Corporation Limited	7.4 cr	28 Sep, 2015
Power Finance Corporation Limited	68.4 cr	28 Sep, 2015
Power Finance Corporation Limited	2.9 cr	28 Sep, 2015
Rural Electrification Corporation Limited	9.7 cr	29 Jul, 2015
Rural Electrification Corporation Limited	15.6 cr	08 Jun, 2015
Rural Electrification Corporation Limited	28.1 cr	13 Jan, 2015
Power Finance Corporation Limited	89.0 cr	12 Sep, 2014
Rural Electrification Corporation Limited	19.1 cr	07 Aug, 2014
Rural Electrification Corporation Limited	49.8 cr	31 Mar, 2014
Power Finance Corporation Limited	33.9 cr	19 Dec, 2013
Rural Electrification Corporation Limited	26.4 cr	29 Oct, 2013
Power Finance Corporation Limited	69.0 cr	19 Sep, 2013
Rural Electrification Corporation Limited	69.8 cr	27 Aug, 2013
Rural Electrification Corporation Limited	3.0 cr	07 Jun, 2013
Rural Electrification Corporation Limited	148.7 cr	28 Jan, 2013
Rural Electrification Corporation Limited	29.7 cr	20 Sep, 2012
Power Finance Corporation Limited	167.1 cr	06 Aug, 2012
Rural Electrification Corporation Limited	175.9 cr	22 Jun, 2012
Rural Electrification Corporation Limited	241.2 cr	30 Mar, 2012
Rural Electrification Corporation Limited	148.5 cr	12 Mar, 2012
Rural Electrification Corporation Limited	632.0 cr	12 Jan, 2012
Rural Electrification Corporation Limited	11.9 cr	12 Dec, 2011
Rural Electrification Corporation Limited	54.4 cr	21 Oct, 2011
Power Finance Corporation Limited	7.4 cr	04 Jul, 2011
Rural Electrification Corporation Limited	55.7 cr	10 Mar, 2011
Power Finance Corporation Limited	141.0 cr	15 Feb, 2011
Power Finance Corporation Limited	15.3 cr	15 Feb, 2011
Rural Electrification Corporation Limited	88.5 cr	28 Oct, 2010
Rural Electrification Corporation Limited	28.3 cr	06 Sep, 2010
Rural Electrification Corporation Limited	31.1 cr	19 Aug, 2010

Charges

Rural Electrification Corporation Limited

Power Finance Corporation Limited

REC LIMITED

State Bank of India

Others

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
HIMACHAL PRADESH STATE CIVIL SUPPLIES CCORPORATION LTD	Active	3.5 Cr	2	Himachal Pradesh
SHIMLA SMART CITY LIMITED	Active	70,000.0	2	Himachal Pradesh
SHIMLA JAL PRABANDHAN NIGAM LIMITED	Active	10.0 L	2	Himachal Pradesh
SRI NAINA DEVI JI AND SRI ANANDPUR SAHIB JI ROPEWAY LIMITED	Active	1.0 Cr	2	Himachal Pradesh
H. P. POWER TRANSMISSION CORPORATION LIMITED	Active	500.0 Cr	4	Himachal Pradesh
MANDI INTERNATIONAL AIRPORT LIMITED	Active	5,000.0	1	Himachal Pradesh
HIMACHAL PRADESH POWER CORPORATION LIMITED	Active	2,347.6 Cr	3	Himachal Pradesh
ROPEWAYS AND RAPID TRANSPORT SYSTEM DEVELOPMENT CORPORATION H.P. LIMITED	Active	50,000.0	1	Himachal Pradesh
MASHOBRA RESORT LIMITED	Active	33.0 Cr	2	Himachal Pradesh
HIMACHAL PRADESH TOURISM DEVELOPMENT CORP LTD	Active	12.3 Cr	2	Himachal Pradesh
HIMACHAL PRADESH STATE ELECTRONICS DEVP CORPN LTD	Active	3.7 Cr	1	Himachal Pradesh
KISHAU CORPORATION LIMITED	Active	80,000.0	1	Uttarakhand
HIMACHAL PRADESH BULK DRUG PARK INFRASTRUCTURE LIMITED	Active	1.0 L	1	Himachal Pradesh

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
BEAS VALLEY POWER CORPORATION LIMITED	Himachal Pradesh	2003	₹ 300.0 Cr

Tofler Score

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

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.

CIN

U40109HP2009SGC031255

PAN

AACCH4894E

Incorporation

2009, 16.6 years

Company Email

cshpsebl@gmail.com

Paid up Capital

₹ 932.5 Cr

Authorised Capital

₹ 1,100.0 Cr

AGM

Sep 2025

Type

Public

State Government Company

FAQ - HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED

What is the incorporation date of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED?

The incorporation date of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED is 03 December, 2009

What is the authorized share capital of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED?

The authorized share capital of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED is INR ₹ 1,100.0 Cr.

What is the paid-up capital of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED?

The paid-up capital of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED is INR ₹ 932.5 Cr.

What is the registered address of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED?

The registered address of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED is Vidyut Bhawan, HPSEB, Shimla-171004, Shimla, Himachal Pradesh, India, 171004 - 171004

What is the CIN number of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED?

The CIN number of HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED is U40109HP2009SGC031255.

Smart Suggestions

Top Blog Post

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

HIMACHAL PRADESH STATE ELECTRICITY BOARD LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Buy Report or Plans

Dashboards

Company dashboard

Buy credits

View subscriptions

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Financial+Litigation report

Due diligence report

Choose number of credits to buy

₹ 449 + GST

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

People

Financial Highlights

Margins

Balance Sheet

Total assets

Charges on assets

Charges

Company Network