Reliance Power Ltd
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]
- Market Cap ₹ 9,862 Cr.
- Current Price ₹ 24.6
- High / Low ₹ 34.4 / 13.0
- Stock P/E
- Book Value ₹ 23.4
- Dividend Yield 0.00 %
- ROCE 0.23 %
- ROE -0.73 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.05 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.25%
- Promoter holding is low: 23.2%
- Company has a low return on equity of -2.70% over last 3 years.
- Contingent liabilities of Rs.7,653 Cr.
- Earnings include an other income of Rs.225 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 92 | 136 | 56 | 48 | 44 | 43 | 54 | 38 | 40 | 28 | 0 | |
120 | 126 | 131 | 103 | 98 | 67 | -961 | 31 | 25 | 31 | 327 | 78 | |
Operating Profit | -108 | -34 | 5 | -46 | -50 | -22 | 1,005 | 23 | 13 | 9 | -299 | -78 |
OPM % | -895% | -38% | 4% | -83% | -105% | -51% | 2,316% | 43% | 34% | 23% | -1,074% | |
646 | 226 | 233 | 1,526 | 429 | 450 | -1,125 | 91 | 483 | 142 | 1,158 | 225 | |
Interest | 22 | 115 | 190 | 163 | 290 | 407 | 477 | 487 | 424 | 406 | 189 | 98 |
Depreciation | 3 | 16 | 20 | 18 | 17 | 15 | 17 | 16 | 16 | 16 | 16 | 0 |
Profit before tax | 513 | 61 | 28 | 1,299 | 71 | 5 | -614 | -389 | 55 | -270 | 655 | 49 |
Tax % | -0% | 8% | 11% | 0% | 10% | 59% | 2% | 0% | 0% | -3% | 0% | 0% |
514 | 56 | 25 | 1,298 | 64 | 2 | -602 | -389 | 55 | -277 | 655 | 49 | |
EPS in Rs | 1.83 | 0.20 | 0.09 | 4.63 | 0.23 | 0.01 | -2.14 | -1.39 | 0.20 | -0.82 | 1.75 | 0.12 |
Dividend Payout % | 0% | 0% | 0% | 22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | % |
TTM: | 83% |
Stock Price CAGR | |
---|---|
10 Years: | -14% |
5 Years: | 29% |
3 Years: | 37% |
1 Year: | 87% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -2% |
3 Years: | -3% |
Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2,805 | 2,797 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 3,400 | 3,735 | 4,017 |
Reserves | 14,020 | 14,030 | 14,176 | 14,060 | 13,997 | 14,959 | 10,051 | 6,002 | 6,082 | 5,594 | 5,050 | 5,380 |
1,878 | 3,764 | 4,496 | 4,902 | 7,267 | 7,912 | 7,540 | 6,869 | 6,734 | 6,176 | 5,392 | 4,200 | |
45 | 145 | 117 | 305 | 343 | 350 | 774 | 1,761 | 1,948 | 2,312 | 1,786 | 1,210 | |
Total Liabilities | 18,748 | 20,736 | 21,594 | 22,071 | 24,413 | 26,026 | 21,170 | 17,437 | 17,568 | 17,483 | 15,964 | 14,807 |
84 | 408 | 322 | 333 | 314 | 299 | 288 | 279 | 261 | 247 | 236 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 14,662 | 16,540 | 18,883 | 17,589 | 19,721 | 20,815 | 17,744 | 14,084 | 14,108 | 13,898 | 12,601 | 13,153 |
4,001 | 3,787 | 2,389 | 4,149 | 4,378 | 4,911 | 3,138 | 3,073 | 3,199 | 3,337 | 3,127 | 1,653 | |
Total Assets | 18,748 | 20,736 | 21,594 | 22,071 | 24,413 | 26,026 | 21,170 | 17,437 | 17,568 | 17,483 | 15,964 | 14,807 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-47 | -18 | -54 | -28 | -62 | 50 | -205 | 307 | 50 | 36 | -10 | 43 | |
-1,459 | -1,553 | -1,067 | 286 | -2,305 | 108 | -226 | -267 | -7 | 8 | -2 | -11 | |
1,858 | 1,556 | 597 | -47 | 2,164 | 297 | -37 | -46 | -42 | -43 | 11 | -22 | |
Net Cash Flow | 352 | -15 | -524 | 211 | -203 | 455 | -468 | -6 | 0 | 1 | -1 | 11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 19 | 144 | 139 | 169 | 266 | 531 | 416 | 581 | 551 | 785 | |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 58 | 19 | 144 | 139 | 169 | 266 | 531 | 416 | 581 | 551 | 785 | |
Working Capital Days | 48,716 | 1,486 | 4,589 | 18,045 | 11,303 | 7,928 | 1,864 | -4,761 | -1,141 | -1,432 | 798 | |
ROCE % | 1% | 1% | 1% | 3% | 2% | 2% | 1% | 2% | 3% | 1% | -1% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Secretarial Compliance Report for the financial year ended March 31, 2024
- Disclosure Under Regulation 32 Of The SEBI Listing Regulations 25 May
- Board Meeting Outcome for Outcome Of Board Meeting 25 May
- Results - Audited Financial Results For The Quarter And Year Ended March 31, 2024 25 May
Annual reports
-
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
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Capacity
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. [1]