U.p. Power Corporation Limited
UPPCL was formed on January 14, 2000, by unbundling the Uttar Pradesh State Electricity Board into three separate entities: UPPCL, which handles the transmission and distribution business; Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd, which houses th...
Key Metrics
EPS
49.59
Current ratio
1.21
Debt/Equity
1.88
Debt/EBITDA
-9.97
Interest coverage ratio
0.00
Operating Cashflow to total debt
-0.10
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Presence of an unconditional and irrevocable guarantee by GoUP, trustee-administered escrow and payment mechanism and adequate liquidity
2022 Bond series I and II have similar structure with additional cushion of budgetary allocation from the state government covering entire debt service obligation
Large economy base and healthy own-tax buoyancy
Liquidity: Adequate
Cons
Weak socio-economic parameters
High indebtedness with moderate economic management
Subdued operational performance
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
About U.p. Power Corporation Limited bond.
This comprehensive profile covers key factual information about U.p. Power Corporation Limited. UPPCL was formed on January 14, 2000, by unbundling the Uttar Pradesh State Electricity Board into three separate entities: UPPCL, which handles the transmission and distribution business; Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd, which houses thermal generation; and Uttar Pradesh Jal Vidyut Nigam Ltd, which holds the hydro generation business. The transmission business was carved out of UPPCL into an independent government company, Uttar Pradesh Power Transmission Company Ltd, in 2007. The five discoms under UPPCL are Dakshinanchal Vidyut Vitran Nigam Ltd (Agra discom), Madhyanchal Vidyut Vitran Nigam Ltd (Lucknow discom), Purvanchal Vidyut Vitran Nigam Ltd (Varanasi discom), Paschimanchal Vidyut Vitran Nigam Ltd (Meerut discom) and Kanpur Electricity Supply Company. EPS in Mar-2024 was 49.59. Current ratio in Mar-2024 was 1.21. Debt/Equity in Mar-2024 was 1.88. Debt/EBITDA in Mar-2024 was -9.97. Interest coverage ratio in Mar-2024 was 0.00. Operating Cashflow to total debt in Mar-2024 was -0.10. Total revenue for Mar-2025(E) was ₹78103.47. Net income for Mar-2025(E) stood at ₹-14021.90. Total assets as of Mar-2024 were ₹119,377.14. Operating cash flow for Mar-2024 was ₹-6,277.40. Peers and comparison entities consist of U.p. Power Corporation Limited, Dakshinanchal Vidyut Vitran Nigam Limited, Madhyanchal Vidyut Vitran Nigam Limited, Purvanchal Vidyut Vitran Nigam Limited. Key strengths include: Presence of an unconditional and irrevocable guarantee by GoUP, trustee-administered escrow and payment mechanism and adequate liquidity; 2022 Bond series I and II have similar structure with additional cushion of budgetary allocation from the state government covering entire debt service obligation; Large economy base and healthy own-tax buoyancy; Liquidity: Adequate. Key risks include: Weak socio-economic parameters ; High indebtedness with moderate economic management; Subdued operational performance. Leadership team details include Dr. Ashish Kumar Goel (The Chairman of UPPCL), Shri Pankaj Kumar (The Managing Director of UPPCL), Shri Ranvir Prasad (A Nominee Director of UPPCL), Shri Anupam Shukla (A Nominee Director of UPPCL), Shri Abhishek Singh (A Nominee Director of UPPCL), Smt. Mala Srivastava (A Women Director of UPPCL), Shri Nidhi Kumar Narang (The Director (Finance) and Director (Commercial)), Shri Kamalesh Bahadur Singh (The Director (Corporate Planning) and Director (PM & A)), Shri Gyanendra Dhar Dwivedi (The Director (Distribution)), Shri Sourajit Ghosh: (The Director (I.T.)), Shri Neel Ratan Kumar (A Nominee Director of UPPCL), Shri Sandeep Kumar (A Nominee Director of UPPCL), Shri R.P. Vaishnav (A Nominee Director of UPPCL), Ramanan Swaminathan (The Chief Financial Officer of UPPCL). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.