Uttar Gujarat Vij Company Ltd
About
Uttar Gujarat Vij Company Limited is a public company incorporated on 15 September, 2003. The firm is classified as a State government company and is located in Mahsana, Gujarat. Incorporated under the Companies Act, 1956 in Sept 2003 as a result of unbundling of erstwhile Gujarat Electricity Board pursuant to Power Sector Reforms initiated by the Central and State Governments, the Company became commercially operational in April 2005. The Company is a wholly-owned subsidiary of Gujarat Urja Vikas Nigam Limited (A Govt. of Gujarat Undertaking). The Company serves more than 28 Lac consumers of various categories, such as residential, commercial, industrial, agricultural and others, through 129 Sub Division Offices and 21 Division Offices throughout its operational area divided into four Circles.
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Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 18941 20.8% | 15687 21.2% | 12943 -0.8% | 13045 5.6% | 12356 20.2% | 10277 10.3% | 9314 3.8% | 8969 8.2% | 8288 8.0% | 7677 1.1% | 7594 17.0% | 6492 17.6% | 5523 21.4% | 4551 - |
| Net Operating Income (INR Cr) | 18563 20.13% | 15452 21.27% | 12741 -1.28% | 12906 5.93% | 12183 20.19% | 10137 10.64% | 9162 3.83% | 8824 8.16% | 8158 8.01% | 7553 1.08% | 7472 16.60% | 6408 17.50% | 5454 22.33% | 4458 0.00% |
| Profit (INR Cr) | 37 -52.3% | 78 5.0% | 74 28.0% | 58 58.6% | 37 -63.9% | 101 52.3% | 67 -7.1% | 72 315.6% | 17 27.6% | 14 -1.0% | 14 9.6% | 12 -1.7% | 13 124.3% | 6 - |
| Assets (INR Cr) | 8649 11.9% | 7728 7.4% | 7194 9.5% | 6569 9.6% | 5992 13.1% | 5296 13.1% | 4683 50.3% | 3116 -13.6% | 3607 18.8% | 3036 8.3% | 2803 25.8% | 2229 -6.9% | 2394 36.1% | 1759 - |
| Net Worth (INR Cr) | 4062 13.8% | 3570 5.6% | 3381 10.9% | 3048 4.2% | 2926 11.0% | 2637 22.4% | 2155 29.1% | 1669 -17.6% | 2025 23.2% | 1644 9.3% | 1504 24.7% | 1206 6.3% | 1134 8.4% | 1047 0.0% |
| Employee Cost (INR Cr) | 717 4.4% | 686 15.1% | 596 20.8% | 493 -10.2% | 549 4.4% | 526 3.2% | 510 22.2% | 417 14.5% | 364 8.1% | 337 67.6% | 201 -30.2% | 288 2.9% | 280 3.3% | 271 - |
| Interest Cost (INR Cr) | 89 | 79 | 83 | 102 | 88 | 88 | 137 | 195 | 202 | 162 | 151 | 91 | 101 | 119 |
| Cash & Bank Balance (INR Cr) | 77 | 38 | 72 | 13 | 59 | 48 | 90 | 79 | 98 | 74 | 128 | 132 | 73 | 65 |
| Total Debt (INR Cr) | 14 | 19 | 42 | 53 | 93 | 68 | 120 | 271 | 524 | 431 | 428 | 234 | 437 | 712 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 0.2% | 0.5% | 0.6% | 0.5% | 0.3% | 1.0% | 0.7% | 0.8% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% |
| Profit As % Of Assets | 0.4% | 1.0% | 1.0% | 0.9% | 0.6% | 1.9% | 1.4% | 2.3% | 0.5% | 0.4% | 0.5% | 0.6% | 0.5% | 0.3% |
| Profit As % Of Networth | 0.9% | 2.2% | 2.2% | 1.9% | 1.3% | 3.8% | 3.1% | 4.3% | 0.9% | 0.8% | 0.9% | 1.0% | 1.1% | 0.5% |
| Interest Cost to EBITDA % | 47.4% | 22.2% | 21.8% | 23.9% | 34.1% | 27.0% | 39.6% | 50.2% | 63.3% | 69.0% | 76.1% | 58.5% | 59.1% | 81.7% |
| Debt to Equity Ratio | 0.00 | 0.01 | 0.01 | 0.02 | 0.03 | 0.03 | 0.06 | 0.16 | 0.26 | 0.26 | 0.28 | 0.19 | 0.39 | 0.68 |
| RONW | 1.0% | 2.2% | 2.3% | 1.9% | 1.3% | 4.2% | 3.5% | 3.9% | 0.9% | 0.9% | 1.0% | 1.1% | 1.2% | 0.5% |
| ROCE | 1.8% | 2.8% | 3.2% | 3.7% | 2.5% | 4.1% | 5.8% | 8.4% | 6.8% | 6.1% | 6.8% | 4.6% | 5.7% | 7.2% |