Maharashtra State Electricity Distribution Company Limited (MSEDCL / Mahadiscom)
MSEDCL is the Maharashtra state-owned power distribution licensee (except Greater Mumbai and certain suburbs), incorporated in June 2005 on unbundling of MSEB, headquartered at Prakashgad, Bandra (East), Mumbai. Its 20th Annual Report for FY2024-25 reports sale of 1,45,056 MUs to about 3.07 crore consumers and a profit of Rs 487.29 crore. The report is the most recent official development verified (FY ended 31 Mar 2025, report uploaded 2026).
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →MSEDCL is the Maharashtra state-owned power distribution licensee (except Greater Mumbai and certain suburbs), incorporated in June 2005 on unbundling of MSEB, headquartered at Prakashgad, Bandra (East), Mumbai. Its 20th Annual Report for FY2024-25 reports sale of 1,45,056 MUs to about 3.07 crore consumers and a profit of Rs 487.29 crore. The report is the most recent official development verified (FY ended 31 Mar 2025, report uploaded 2026).
What happened
MSEDCL states it was incorporated in June 2005 on unbundling of the erstwhile Maharashtra State Electricity Board as part of power-sector reforms and is the distribution licensee for Maharashtra except Greater Mumbai and certain suburbs (source: MSEDCL 20th Annual Report 2024-25, directors report).
For FY2024-25 it reports revenue of Rs 1,27,996.58 crore from sale of power to approximately 3.07 crore consumers, total sale 1,45,056 MUs met by purchase of 1,32,414 MUs, distribution loss 15.06% and AT&C loss 15.23% (conventional method), collection efficiency 99.80% (source: same annual report).
The same report states total income rose from Rs 1,16,81,478 lakhs to Rs 1,27,99,658 lakhs and the company earned a profit of Rs 48,729 lakhs in FY2024-25 (source: same annual report).
A June 2025 credit-rating rationale using provisional accounts reported operating income Rs 1,26,069.33 crore and a provisional net loss of Rs 1,967.75 crore for FY2025, differing from the later annual-report profit; the annual-report audited figure is used above with the difference noted (source: Acuite Ratings rationale 18 June 2025).
What we could not confirm
Exact government shareholding % and employee count not confirmed in pages opened, left null. Profit figure uses audited annual-report directors report; rating provisional loss differs, flagged above. Exact publication day in June 2026 not stated, so date uses FY-end 2025-03-31.