RattanIndia Power Ltd
RattanIndia Power Limited is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India. [1]
- Market Cap ₹ 7,021 Cr.
- Current Price ₹ 13.2
- High / Low ₹ 14.6 / 3.03
- Stock P/E 39.7
- Book Value ₹ 10.5
- Dividend Yield 0.00 %
- ROCE 9.25 %
- ROE 6.11 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.5% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.05% over last 3 years.
- Promoters have pledged 88.6% of their holding.
- Earnings include an other income of Rs.374 Cr.
- Company has high debtors of 282 days.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 0 | 379 | 617 | 2,541 | 1,334 | 2,015 | 1,909 | 1,774 | 1,560 | 3,260 | 3,231 | 3,351 | |
14 | 65 | 271 | 506 | 1,569 | 600 | 1,415 | 1,236 | 1,181 | 1,188 | 2,452 | 2,472 | 2,697 | |
Operating Profit | -12 | -65 | 108 | 112 | 972 | 735 | 600 | 673 | 593 | 372 | 808 | 759 | 654 |
OPM % | -1,075% | 28% | 18% | 38% | 55% | 30% | 35% | 33% | 24% | 25% | 23% | 20% | |
73 | 35 | 14 | 34 | 99 | 169 | 224 | -2,157 | 2,887 | 617 | 353 | 350 | 374 | |
Interest | 1 | 3 | 129 | 362 | 984 | 1,017 | 997 | 1,075 | 1,354 | 664 | 586 | 534 | 572 |
Depreciation | 1 | 1 | 65 | 123 | 195 | 208 | 239 | 233 | 228 | 228 | 227 | 222 | 229 |
Profit before tax | 58 | -35 | -73 | -340 | -108 | -321 | -411 | -2,792 | 1,899 | 97 | 348 | 353 | 228 |
Tax % | 10% | 24% | -3% | -0% | 0% | 0% | -2% | 0% | 0% | 0% | 0% | 6% | |
52 | -26 | -75 | -340 | -108 | -321 | -418 | -2,792 | 1,899 | 97 | 348 | 333 | 177 | |
EPS in Rs | 0.24 | -0.10 | -0.28 | -1.15 | -0.37 | -1.09 | -1.42 | -9.45 | 3.84 | 0.18 | 0.65 | 0.62 | 0.34 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 22% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | 23% |
3 Years: | 34% |
TTM: | -51% |
Stock Price CAGR | |
---|---|
10 Years: | -1% |
5 Years: | 41% |
3 Years: | 61% |
1 Year: | 331% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -2% |
3 Years: | 5% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2,227 | 2,643 | 2,643 | 2,953 | 2,953 | 2,953 | 2,953 | 2,953 | 4,940 | 5,370 | 5,370 | 5,370 | 5,370 |
Reserves | 2,098 | 2,713 | 2,648 | 2,362 | 2,325 | 2,005 | 1,654 | -1,135 | -189 | -441 | -93 | 238 | 258 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 578 | 605 | 580 | 377 | |
1,273 | 4,561 | 5,749 | 6,819 | 7,778 | 8,030 | 7,761 | 6,979 | 4,913 | 4,353 | 3,834 | 3,504 | 3,849 | |
2,170 | 611 | 487 | 641 | 1,094 | 1,188 | 2,080 | 3,118 | 2,162 | 2,028 | 2,109 | 2,016 | 1,728 | |
Total Liabilities | 7,768 | 10,529 | 11,527 | 12,774 | 14,150 | 14,176 | 14,449 | 11,916 | 11,825 | 11,310 | 11,220 | 11,128 | 11,206 |
109 | 110 | 2,867 | 6,785 | 7,372 | 7,415 | 7,424 | 7,193 | 6,968 | 6,741 | 6,533 | 6,384 | 6,473 | |
CWIP | 3,561 | 5,933 | 4,541 | 1,518 | 906 | 737 | 650 | 646 | 99 | 99 | 109 | 77 | 67 |
Investments | 1,890 | 2,052 | 2,427 | 2,758 | 3,141 | 3,372 | 3,529 | 1,760 | 1,831 | 1,227 | 1,263 | 1,241 | 1,219 |
2,207 | 2,434 | 1,691 | 1,714 | 2,730 | 2,651 | 2,845 | 2,316 | 2,927 | 3,242 | 3,315 | 3,425 | 3,447 | |
Total Assets | 7,768 | 10,529 | 11,527 | 12,774 | 14,150 | 14,176 | 14,449 | 11,916 | 11,825 | 11,310 | 11,220 | 11,128 | 11,206 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
219 | 413 | 791 | 89 | 271 | 1,220 | 320 | 854 | 616 | 700 | 940 | 1,024 | |
-648 | -2,524 | -1,540 | -671 | -553 | -470 | 244 | -148 | -101 | 144 | 59 | -16 | |
702 | 1,826 | 820 | 610 | 104 | -701 | -502 | -812 | -472 | -795 | -963 | -978 | |
Net Cash Flow | 273 | -286 | 71 | 28 | -178 | 50 | 62 | -107 | 42 | 49 | 36 | 30 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 118 | 122 | 123 | 216 | 241 | 236 | 316 | 457 | 281 | 282 | |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 118 | 122 | 123 | 216 | 241 | 236 | 316 | 457 | 281 | 282 | |
Working Capital Days | -363,527 | -251 | -425 | 39 | 20 | -121 | -284 | 359 | 529 | 248 | 242 | |
ROCE % | 0% | -1% | 1% | 0% | 7% | 5% | 4% | 6% | 6% | 8% | 10% | 9% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of Board Meeting Of Rattanindia Power Limited (The 'Company') Inter- Alia For Consideration And Approval Of The Audited Financial Results (Standalone And Consolidated) Of The Company, For Quarter And Financial Year Ended March 31, 2024. 16 May
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 7 May
- Intimation 30 Apr
- Intimation Under Regulation 30 Of SEBI (L0DR) Regulations 2015- Resignation Letters Of Key Managerial Personnel 15 Apr
- Submission Of Compliance Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 ('SEBI (LODR) Regulations, 2015'), For The Financial Year Ended March 31, 2024, As per Regulation 40(10) Thereof. 12 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Company History
The Co was incorporated in the year 2007 as Sophia Power Company Limited, originally as a part of Indiabulls group. The company changed its name to Indiabulls Power Limited after its listing on NSE as well as BSE in the year 2009. In 2014, subsequent to the group split, the company along with Indiabulls Infrastructure and Power Limited was carved out of the group and renamed as RattanIndia Power Limited. [1]