India Power Corporation Ltd
Incorporated in 1919, India Power Corporation Ltd is engaged in business of Power Distribution, Renewable Power Generation and Smart Grid.
- Market Cap ₹ 1,125 Cr.
- Current Price ₹ 11.6
- High / Low ₹ 31.2 / 10.4
- Stock P/E 69.6
- Book Value ₹ 14.1
- Dividend Yield 0.43 %
- ROCE 3.02 %
- ROE 1.07 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.82 times its book value
- Company has been maintaining a healthy dividend payout of 25.86%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.46% over past five years.
- Company has a low return on equity of 1.29% for last 3 years.
- Promoters have pledged 67.24% of their holding.
- Earnings include an other income of Rs.74.16 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
407 | 541 | 650 | 695 | 627 | 562 | 450 | 481 | 523 | 481 | 500 | 560 | |
398 | 509 | 587 | 603 | 533 | 477 | 355 | 392 | 450 | 429 | 430 | 551 | |
Operating Profit | 9 | 33 | 63 | 91 | 95 | 85 | 95 | 89 | 74 | 52 | 69 | 9 |
OPM % | 2% | 6% | 10% | 13% | 15% | 15% | 21% | 19% | 14% | 11% | 14% | 2% |
10 | 2 | 9 | 3 | 2 | 18 | 42 | 40 | 45 | 51 | 19 | 74 | |
Interest | 6 | 11 | 19 | 35 | 45 | 41 | 58 | 78 | 74 | 46 | 38 | 33 |
Depreciation | 6 | 6 | 11 | 15 | 15 | 18 | 18 | 17 | 16 | 29 | 30 | 29 |
Profit before tax | 7 | 17 | 42 | 45 | 37 | 44 | 61 | 35 | 28 | 28 | 21 | 22 |
Tax % | 24% | 32% | 35% | 35% | 34% | 27% | 36% | 38% | 33% | 41% | -29% | 27% |
Net Profit | 6 | 12 | 28 | 29 | 24 | 32 | 39 | 21 | 19 | 17 | 27 | 16 |
EPS in Rs | 0.06 | 0.12 | 0.28 | 0.30 | 0.25 | 0.33 | 0.40 | 0.22 | 0.19 | 0.17 | 0.27 | 0.17 |
Dividend Payout % | 7% | 41% | 18% | 17% | 20% | 15% | 12% | 23% | 26% | 29% | 18% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 4% |
3 Years: | 2% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | -8% |
3 Years: | 1% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | -20% |
3 Years: | 5% |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 97 | 97 | 158 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 158 | |
Reserves | 106 | 29 | 819 | 847 | 873 | 922 | 1,022 | 1,044 | 1,066 | 1,527 | 1,551 | 1,219 |
115 | 155 | 238 | 392 | 538 | 853 | 589 | 645 | 338 | 342 | 289 | 328 | |
173 | 228 | 352 | 377 | 368 | 368 | 366 | 372 | 412 | 606 | 571 | 602 | |
Total Liabilities | 398 | 510 | 1,506 | 1,713 | 1,877 | 2,241 | 2,075 | 2,158 | 1,913 | 2,573 | 2,508 | 2,307 |
118 | 154 | 305 | 308 | 385 | 367 | 343 | 341 | 348 | 902 | 950 | 907 | |
CWIP | 4 | 103 | 16 | 51 | 18 | 9 | 15 | 38 | 68 | 84 | 22 | 21 |
Investments | 5 | 6 | 7 | 208 | 318 | 605 | 322 | 116 | 107 | 101 | 102 | 101 |
271 | 247 | 1,179 | 1,146 | 1,157 | 1,260 | 1,394 | 1,663 | 1,390 | 1,486 | 1,435 | 1,277 | |
Total Assets | 398 | 510 | 1,506 | 1,713 | 1,877 | 2,241 | 2,075 | 2,158 | 1,913 | 2,573 | 2,508 | 2,307 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
70 | 7 | -4 | 152 | 36 | 25 | 136 | 63 | 139 | 94 | 33 | -2 | |
-139 | -57 | -63 | -257 | -126 | -245 | 307 | -7 | 254 | -19 | 9 | -15 | |
99 | 28 | 54 | 110 | 92 | 222 | -448 | -54 | -397 | -36 | -84 | 15 | |
Net Cash Flow | 30 | -22 | -13 | 5 | 2 | 3 | -5 | 2 | -4 | 39 | -42 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 41 | 40 | 48 | 45 | 60 | 48 | 42 | 36 | 49 | 45 | 54 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 54 | 41 | 40 | 48 | 45 | 60 | 48 | 42 | 36 | 49 | 45 | 54 |
Working Capital Days | 14 | 12 | 31 | 33 | 43 | 108 | 131 | 331 | 132 | 100 | 114 | 75 |
ROCE % | 6% | 12% | 8% | 6% | 6% | 5% | 5% | 6% | 6% | 4% | 3% | 3% |
Documents
Announcements
Annual reports
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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
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company's business activities consists of two segments viz.,
a) Regulated Business, which consists of power distribution business (including thermal power generation which exclusively supply power for distribution business) in Asansol, West Bengal (licensed area) regulated by West Bengal Electricity Regulatory Commission
b) Non Regulated business consists of all business which are independent and has no bearing with the Regulated business.