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Reliance Power Ltd

₹ 35.0-0.37%
07 Jan – close price
🔗reliancepower.co.in•BSE: 532939•NSE: RPOWER
Market Cap₹ 14,475 Cr.
Current Price₹ 35.0
High / Low₹ 76.5
Stock P/Enull
Book Value₹ 23.6
Dividend Yield0.00 %
ROCE-0.18 %
ROE-0.99 %
Face Value₹ 10.0
Sales₹ 1.54 Cr.
OPM-8,743 %
Mar Cap₹ 14,475 Cr.

ABOUT

Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development.[1]

KEY POINTS

CapacityThe company’s generation capacity stands at 5,945 MW, including 5,760 MW of thermal capacity and 185 MW of renewable energy-based capacity.[1]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.NTPC348.8514.24338219.992.395225.30-3.9444785.820.189.95186754.3128.6423751.115066.781.764.261.33
2.Adani Green1019.2076.68168003.800.00644.00102.553008.000.108.7012221.0081.162190.88658.148.602.324.52
3.JSW Energy512.6044.2889608.020.39824.27-17.415177.4259.916.4915949.0649.552023.68704.683.082.462.37
4.NHPC Ltd83.6626.5084046.832.281219.2813.493365.2610.277.4211212.7652.983171.331021.442.043.431.09
5.NTPC Green Ene.94.07130.6279274.920.0086.38130.26612.2921.524.892419.8587.48606.9087.594.231.311.16
6.NLC India269.6514.3137383.841.11724.80-27.064178.4114.2510.5116251.4826.032612.76665.121.874.681.22
7.SJVN83.0158.5832636.701.76307.80-30.201032.400.604.913125.2472.70557.11307.912.241.922.03
8.Reliance Power35.02–14475.230.004.73-2.871.03–-0.181.54-8742.86-94.404.731.48-0.590.62
–Median: 25 Co.128.4426.57718.070.080.94-0.31612.2914.257.421814.6331.76145.067.832.172.320.82

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
2.080.000.007.490.000.510.000.000.0013.630.000.001.03
Expenses
7.054.966.266.465.306.68304.6863.99107.626.944.527.3815.62
Operating Profit
-4.97-4.96-6.261.03-5.30-6.17-304.68-63.99-107.626.69-4.52-7.38-14.59
Other Income
30.9229.1023.3429.8925.8723.411,058.56135.8220.8629.8732.9130.9035.66
Profit before tax
-84.910.330.32-17.142.061.90879.5059.68-101.35-70.686.094.874.73
Tax %
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit
-84.910.330.32-17.142.061.90879.5059.68-101.35-70.686.094.874.73
EPS in Rs
-0.230.000.00-0.050.010.002.350.15-0.25-0.210.020.010.01

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
921365648444354394028-102
Expenses
1261311039867-96131263132776127136
Operating Profit
-345-46-50-221,00523139-299-77-127-135
Other Income
2262331,526429450-1,125914831421,158225101103
Interest
115190163290407477487424406189986863
Depreciation
16201817151716161616000
Profit before tax
61281,299715-614-38955-27065549-94-94
Net Profit
56251,298642-602-38955-27765549-94-94
EPS in Rs
0.200.094.630.230.01-2.14-1.390.20-0.821.750.12-0.23-0.24
Dividend Payout %
0%0%22%0%0%0%0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:%
5 Years:9%
3 Years:18%
TTM:-81%

Compounded Sales Growth

10 Years:%
5 Years:%
3 Years:%
TTM:-100%

Return on Equity

10 Years:0%
5 Years:-2%
3 Years:-2%
Last Year:-1%

Stock Price CAGR

10 Years:-5%
5 Years:58%
3 Years:34%
1 Year:-19%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
2,7972,8052,8052,8052,8052,8052,8052,8053,4003,7354,0174,0174,136
Reserves
14,03014,17614,06013,99714,95910,0516,0026,0825,7775,1305,3805,6895,626
Borrowings
3,7644,4964,9027,2677,9127,5406,8696,7346,1765,3924,2006,2586,093
Other Liabilities
1451173053433507741,7611,9482,1301,7061,2101,1611,172
Total Liabilities
20,73621,59422,07124,41326,02621,17017,43717,56817,48315,96414,80717,12517,027
Fixed Assets
408322333314299288279261247236055
Gross Block
435.07358.09350.67348.15347.59353.61360.78355.92357.75361.810.265.21–
Accumulated Depreciation
26.6635.9817.4934.0948.2865.5781.4594.55110.38126.120.230.29–
CWIP
0000000000000
Investments
16,54018,88317,58919,72120,81517,74414,08414,10813,89812,60113,15316,23816,238
Other Assets
3,7872,3894,1494,3784,9113,1383,0733,1993,3373,1271,653882784
Total Assets
20,73621,59422,07124,41326,02621,17017,43717,56817,48315,96414,80717,12517,027

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-18-54-28-6250-2053075036-1043-21
Cash from Investing Activity
-1,553-1,067286-2,305108-226-267-78-2-11-2,511
Cash from Financing Activity
1,556597-472,164297-37-46-42-4311-222,521
Net Cash Flow
-15-524211-203455-468-601-111-10

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
191441391692665314165635517850–
Inventory Days
––––––––––0–
Days Payable
––––––––––––
Cash Conversion Cycle
191441391692665314165635517850–
Working Capital Days
-7,612-5,724-8,548-27,947-35,842-48,901-42,061-56,726-51,933-65,348-1,315,785–
ROCE %
1%1%3%2%2%1%2%3%1%-1%0%-0%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
25.00%24.99%24.99%24.50%24.50%23.24%23.24%23.27%23.27%23.27%24.98%24.98%
FIIs
7.83%7.35%7.34%7.66%8.37%13.01%12.71%13.12%12.95%13.21%12.93%13.09%
DIIs
3.27%3.17%3.17%5.16%5.19%4.94%3.06%2.88%2.80%3.29%3.61%3.75%
Public
63.88%64.47%64.49%62.67%61.95%58.81%60.99%60.72%60.97%60.22%58.48%58.18%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Reliance Power Announces Trading Window Closure for Financial Results

27th March 2026, 3:33 am

Reliance Power Denies Enforcement Directorate Raids at Company Premises

6th March 2026, 6:49 pm

Reliance Power Announces Cessation of Bangladesh Subsidiary, Negligible Financial Impact

6th March 2026, 4:13 am

Motherson Sumi Wiring India Ltd. Publishes Q3 & Nine-Month Unaudited Financial Results

31st January 2026, 6:43 pm

Key Companies Release Q3 FY2026 Financial Results

31st January 2026, 6:30 pm

Published by Other Websites

External media mentions & references

Midcaps Surge 3% on Geopolitical De-escalation Hopes

1st April 2026, 10:25 am

Power Stocks Soar on India's $2.2 Trillion Energy Roadmap

20th March 2026, 11:03 am

Anil Ambani Faces CBI Over Bank Fraud; Reliance Stocks Dip

19th March 2026, 1:45 pm

ED Seizes ₹581 Cr More Assets from Anil Ambani's Reliance Group

12th March 2026, 10:51 pm

ADAG Group: ED Seizes ₹581 Cr Assets, CBI Files ₹1085 Cr Fraud Case

12th March 2026, 8:18 pm

News Articles

Editorial & research coverage

ADAG Faces ₹40K Crore Fraud Probe; SC Mandates 'Fair' Investigation
ADAG Faces ₹40K Crore Fraud Probe; SC Mandates 'Fair' Investigation

9th February 2026, 9:02 pm

India's EV Home Charging Bottleneck: Policy vs. Reality
India's EV Home Charging Bottleneck: Policy vs. Reality

4th February 2026, 3:00 pm

ADAG Stocks Rally as SC Orders High-Level Fraud Probe
ADAG Stocks Rally as SC Orders High-Level Fraud Probe

4th February 2026, 12:52 pm

IPCL Taps Bhutan's Energy Demand With 70 MW Solar Project
IPCL Taps Bhutan's Energy Demand With 70 MW Solar Project

30th January 2026, 1:13 pm

Indian Equities Recover Amidst India-EU Deal Optimism
Indian Equities Recover Amidst India-EU Deal Optimism

27th January 2026, 4:12 pm

Documents

Announcements

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Newspaper Publication
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

18 Dec - Dec 18, 2025: Shareholders approved two director appointments and issuance of FCCBs/other securities.

Report For The Month Of November, 2025- Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares

15 Dec - SEBI special window report (Nov 2025): zero physical share transfer re-lodgement requests; window open till Jan 6, 2026.

Disclosure Under Regulation 31A Of The SEBI (LODR) Regulations, 2015

8 Dec - BSE and NSE approved Reliance Capital's reclassification from promoter to public on Dec 08, 2025 (IBC resolution plan).

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from nse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

25 Nov 2025 from icra

Rating update

28 Nov 2024 from icra

Rating update

29 Nov 2023 from icra

Rating update

12 Apr 2023 from icra

Rating update

28 Mar 2023 from icra

Rating update

30 Nov 2021 from icra

Concalls

Dec 2025

PPT

Stock Analysis

Description

  1. Reliance Power Limited is involved in the development, construction, and operation of power projects globally. The company has a significant portfolio of operational and under-development power generation capacity.

Key Growth Triggers

  1. The company’s generation capacity stands at 5,945 MW, including 5,760 MW of thermal capacity and 185 MW of renewable energy-based capacity.

Key Red Flags

  1. Company has low interest coverage ratio.
  2. Company has a low return on equity of -1.94% over last 3 years.

Corporate Announcements

26th Mar 26
Impact Rating: 6
Reliance Power Limited will close its trading window for designated persons from April 01, 2026. The window will reopen 48 hours after the declaration of audited financial results for the quarter and financial year ending March 31, 2026.
6th Mar 26
Impact Rating: 7
Reliance Power Limited has issued a clarification concerning media reports alleging raids by the Enforcement Directorate. The company informed exchanges that, to its best knowledge, no such actions have been carried out at any of its offices or premises.
5th Mar 26
Impact Rating: 6
Reliance Power confirms cessation of its Bangladesh subsidiary due to winding up. The unit contributed Nil revenue and ₹35.00 lakh (₹0.35 cr) in FY25, with winding up due by March 4, 2026.
31st Jan 26
Impact Rating: -
No description available.
31st Jan 26
Impact Rating: -
No description available.