Not registered yet? Get a free account.

Sign Up
search icon cancel icon

MANIKARAN POWER LIMITED.

Active
Updated: 23 Oct 2025

Manikaran Power Limited is an energy company that focuses on developing and operating renewable energy sources within India. It specializes in hydroelectric power generation and distribution, contributing to the increasing demand for clean energy solutions while supporting the country?s efforts towards sustainable development.

Manikaran Power Limited., is an unlisted public company incorporated on 28 October, 2005. It is classified as a public limited company and is located in , Jharkhand. It's authorized share capital is INR 49.00 cr and the total paid-up capital is INR 36.22 cr.

Read more

Subscription Plans
Industry and products
Construction
  • Elec & Gas Mktg & Trading
Company size
Auth Capital
₹ 49.0 Cr
Paidup Capital
₹ 36.2 Cr
Revenue
₹ >5000 cr
# Key metrics of Manikaran Power Limited. - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 49.0 Cr | | | Paidup Capital | ₹ 36.2 Cr | | | Revenue | ₹ >5000 cr | | | Total Revenue | ₹4,783.1 | 15.53% | | EBITDA | ₹33.7 | -1.42% | | Net Profit | ₹25.1 | 12.47% | | Networth | ₹176.7 | 16.52% | | Borrowings | ₹14.2 | 87.79% | | Assets | ₹338.7 | -22.64% | | Gross Margin | 2.4% | -2.88 | | Operating Margin | 0.7% | -0.13 | | Net Profit Margin | 0.5% | -0.02 | | Return on Equity | 14.2% | -0.51 | | ROCE | 16.4% | -2.97 | | Debt to Equity | 0.1 | 0.03 |
Key Metrics

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

Total Revenue
15.53%
₹ 4,783.1
EBITDA
-1.42%
₹ 33.7
Net Profit
12.47%
₹ 25.1
Networth
16.52%
₹ 176.7
Borrowings
87.79%
₹ 14.2
Assets
-22.64%
₹ 338.7
Gross Margin
-2.88
2.4 %
Operating Margin
-0.13
0.7 %
Net Profit Margin
-0.02
0.5 %
Return on Equity
-0.51
14.2 %
ROCE
-2.97
16.4 %
Debt to Equity
0.03
0.1
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (2)
State Type Address

location icon Locations on Map

Map placeholder

People

Designation Name DIN/PAN Tenure
Managing Director Navjeet Singh Kalsi
Shareholder
01652039 20 years
Director Radhakrishnan Nagarajan 00701892 4 years
Director Binit Kumar 07511980 4 years
Director Pravin Lee Abraham
Shareholder
03402206 15 years
Whole-time Director Jasmeet Singh Kalsi
Shareholder
01652115 20 years
Whole-time Director Jagjyot Kaur
Shareholder
01846857 20 years
Whole-time Director Amrita Kalsi
Shareholder
02875817 20 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 3,629.1 3,443.9 3,751.3 4,137.5 4,775.2
Operating profit 24.0 26.5 29.5 34.1 33.7
Net profit 17.9 18.2 19.8 22.3 25.1
Gross margin 5.3 4.7 2.7 5.3 2.4
Operating margin 0.7 0.8 0.8 0.8 0.7
Net margin 0.5 0.5 0.5 0.5 0.5
Networth 84.6 103.1 129.4 151.6 176.7
Borrowings 12.9 0.1 1.8 7.6 14.2
Assets 459.1 366.5 345.8 437.8 338.7
Debt to equity 0.1 0.0 0.0 0.1 0.1
Current ratio 1.3 1.2 1.4 1.4 1.9
ROE 21.2 17.7 15.3 14.7 14.2
Days payable 24.0 8.0 8.0 8.0 3.0
WC days 10.0 7.0 8.0 10.0 11.0
chart icon

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 34.1 34.3 35.4 35.4 35.4
Reserves 50.4 68.8 94.0 116.3 141.3
Borrowings + 12.9 0.1 1.8 7.6 14.2
Long term borrowings - 0.1 0.4 0.2 0.1
Short term borrowings 12.9 - 1.4 7.4 14.1
Trade payables + 229.0 75.1 75.5 85.9 41.4
Days payable 24.0 8.0 8.0 8.0 3.0
Other liabilities + 361.6 263.3 214.7 278.6 147.8
Other non-current liabilities 68.6 3.0 4.3 7.2 9.1
Other current liabilities 64.0 185.2 134.9 185.4 97.3
Total liabilities 459.1 366.5 345.8 437.8 338.7
Fixed Assets + 29.4 35.2 35.0 30.3 29.4
Tangible assets 22.7 35.2 31.2 28.3 25.9
CWIP 6.6 - 3.8 2.0 3.3
Intangible assets - - - - 0.2
LT loans and advances 21.4 3.9 10.8 10.8 10.8
Other non-current assets 0.4 1.1 2.0 2.6 2.3
Current assets + 407.9 326.3 298.0 394.1 296.2
Inventories - - - - 0.3
Trade receivables 246.2 72.5 75.2 161.8 93.2
Cash and cash equivalents 29.6 213.6 69.2 77.7 28.4
ST loans and advances 27.5 34.9 95.4 95.5 121.2
Other current assets 104.6 5.3 58.2 59.1 53.1
Total assets 459.1 366.5 345.8 437.8 338.7
chart icon

Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 3,629.1 3,443.9 3,751.3 4,137.5 4,775.2
Sales growth % 3.16 -5.1 8.93 10.3 15.41
Expenses + 3,609.4 3,424.2 3,730.0 4,111.0 4,748.5
Cost of goods 3,435.5 3,283.7 3,650.9 3,919.0 4,660.7
Employee cost 11.9 19.5 20.9 19.9 19.0
Other costs 157.6 114.3 50.2 164.5 61.8
Operating profit + 24.0 26.5 29.5 34.1 33.7
Operating margin % 0.7 0.8 0.8 0.8 0.7
Other income 4.6 5.0 5.6 2.7 7.9
Interest 1.5 0.6 0.8 1.6 1.5
Depreciation 2.8 6.2 7.3 6.0 5.4
Exceptional items - - - - -
Profit before tax 24.2 24.3 26.6 29.2 34.7
Tax 6.3 6.0 6.8 6.9 9.6
Profit - disc. ops - - - - -
Net profit 17.9 18.2 19.8 22.3 25.1
Net margin % 0.5 0.5 0.5 0.5 0.5
chart icon

Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.1 0.0 0.0 0.1 0.1
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.0 0.0 0.0
Total Assets/Equity 5.4 3.5 2.7 2.9 1.9
Liquidity +
Current Ratio 1.3 1.2 1.4 1.4 1.9
Quick Ratio 1.3 1.2 1.4 1.4 1.9
Interest Coverage 16.2 43.7 36.5 20.7 21.9
Performance
Gross Margin 5.3 4.7 2.7 5.3 2.4
Operating Margin 0.7 0.8 0.8 0.8 0.7
Net Margin 0.5 0.5 0.5 0.5 0.5
Return +
Return on Equity 21.2 17.7 15.3 14.7 14.2
Pre-tax ROCE 16.2 20.0 18.3 19.3 16.4
Return on Assets 3.9 5.0 5.7 5.1 7.4
Pre-tax ROIC 25.1 19.6 17.1 18.6 16.0
Efficiency +
Days Payable 24.0 8.0 8.0 8.0 3.0
Days Inventory 0.0 0.0 0.0 0.0 0.0
Days Receivable 25.0 8.0 7.0 14.0 7.0
Fixed Asset Turnover 123.5 97.8 107.2 136.7 162.7
Total Asset Turnover 7.9 9.4 10.8 9.4 14.1
Working Capital
Cash Conversion Cycle 1.0 0.0 -1.0 6.0 4.0
Working Capital Days 10.0 7.0 8.0 10.0 11.0
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

VISTRA ITCL (INDIA) LIMITED

No. of Loans: 1

Total Amount : 133.0 cr

2

The Federal Bank Limited

No. of Loans: 8

Total Amount : 71.8 cr

3

SBI Global Factors Limited

No. of Loans: 1

Total Amount : 50.0 cr

4

Punjab National Bank

No. of Loans: 1

Total Amount : 45.0 cr

5

Indian Renewable Energy Development Agency Limited

No. of Loans: 1

Total Amount : 39.0 cr

6

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 30.0 cr

chart icon

Charges

VISTRA ITCL (INDIA) LIMITED
The Federal Bank Limited
SBI Global Factors Limited
Punjab National Bank
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
BOKARO-KODARMA-MAITHON TRANSMISSION COMP ANY LIMITED
Strike Off
5.0 L 1 Delhi
SURAKSHA ASSET RECONSTRUCTION LIMITED
Active
210.0 Cr 1 Maharashtra
GLOBE CIVIL PROJECTS LIMITED
Active
59.7 Cr 1
SRH CORAL FINANCE PRIVATE LIMITED
Active
1.2 Cr 1
ANNU PROJECTS LIMITED
Active
47.8 Cr 1 Delhi
MANIKARAN FINVEST CONSULTANCY SERVICES LIMITED
Active
1.3 Cr 4 West Bengal
MANIKARAN POWER SYSTEMS LIMITED
Active
1.5 Cr 5 West Bengal
KALSI BUILDCON PRIVATE LIMITED
Active
50.5 L 2 Jharkhand
INDIRA PRIYADARSHINI HYDRO POWER PRIVATE LIMITED
Active
4.8 Cr 3 Telangana
MANIKARAN STOCK & HOLDINGS PRIVATE LIMITED
Strike Off
1.1 L 4 West Bengal
SOUTH ASIAN ENERGY EXCHANGE LIMITED
Active
51.0 L 3 West Bengal
MANIKARAN LITHIUM PRIVATE LIMITED
Active
1.0 L 2 West Bengal
50 HERTZ ENERGY PRIVATE LIMITED
Active
3.0 Cr 3 West Bengal
50HERTZ QMOBILITY INDIA PRIVATE LIMITED
Under Process of Striking Off
36.5 L 2 Delhi
MANIKARAN RENEWABLES LIMITED
Active
3.7 Cr 3 West Bengal
MANIKARAN UTILITY SERVICES COMPANY LIMITED
Active
61.7 L 2 West Bengal
MANIKARAN GREEN POWER PRIVATE LIMITED
Active
1.0 L 3 West Bengal
MANIKARAN HYDRO PRIVATE LIMITED
Active
6.4 Cr 3 Delhi
MANIKARAN ANALYTICS LIMITED
Active
1.1 Cr 3 West Bengal
ELECTROVAULT POWER PRIVATE LIMITED
Active
1.0 L 1 Uttar Pradesh
M R T SIGNALS LIMITED
Active
4.6 Cr 1
PRATAP SYNTHETICS LIMITED
Active
1.5 Cr 1

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
SOUTH ASIAN ENERGY EXCHANGE LIMITED West Bengal 2018 ₹ 51.0 L
Indira Priyadarshini Hydro Power Private Limited India - -
MANIKARAN LITHIUM PRIVATE LIMITED West Bengal 2013 ₹ 1.0 L
Manikaran Energy Pte. Ltd Singapore - -
Manikaran Green Metals (Madagascar) Madagascar - -

Tofler Score

Very Good
score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
  • CASH DETERIORATING
Low Risk
  • LOW INVENTORY
  • GROSS MARGINS DETERIORATING
  • ROCE 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.

Read more

Peers / Similar Companies

Adani Power Limited Gujarat
Arunachal Pradesh Power Corporation Private Limited Arunachal Pradesh

Peers

Registered Details

CIN

U45208JH2005PLC011713

PAN

AAECM4555F

Incorporation

2005, 20.1 years

Company Email

cs@manikaranpowerltd.in

Paid up Capital

₹ 36.2 Cr

Authorised Capital

₹ 49.0 Cr

AGM

Sep 2024

Type

Public
Others

FAQ - MANIKARAN POWER LIMITED.

What is the incorporation date of MANIKARAN POWER LIMITED.?

plus icon

The incorporation date of MANIKARAN POWER LIMITED. is 28 October, 2005

What is the authorized share capital of MANIKARAN POWER LIMITED.?

plus icon

The authorized share capital of MANIKARAN POWER LIMITED. is INR ₹ 49.0 Cr.

What is the paid-up capital of MANIKARAN POWER LIMITED.?

plus icon

The paid-up capital of MANIKARAN POWER LIMITED. is INR ₹ 36.2 Cr.

What is the registered address of MANIKARAN POWER LIMITED.?

plus icon

The registered address of MANIKARAN POWER LIMITED. is MANIKARAN TOWER, KILBURN COLONY, P.O- HINOO, RANCHI, Jharkhand, India, 834002 - 834002

What is the CIN number of MANIKARAN POWER LIMITED.?

plus icon

The CIN number of MANIKARAN POWER LIMITED. is U45208JH2005PLC011713.

Smart Suggestions

  • Telangana
  • Chandigarh
  • Karnataka
  • Dadar and Nagar Haveli
  • Jharkhand
  • Manipur
  • Meghalaya
  • Delhi
  • Pondicherry
  • Tamil Nadu
  • Blog Categories
  • Top Blog post
  • Financial Resources
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