India Power Corporation Ltd
India Power Corp. is engaged in Business of Electricity Generation & Distribution. IPCL serves various consumer segments ranging from Govt establishments, Industrial houses, Railways to Domestic Consumers. (Source : 201903 Annual Report Page No: 67)
- Market Cap ₹ 1,281 Cr.
- Current Price ₹ 13.2
- High / Low ₹ 17.8 / 4.40
- Stock P/E 51.9
- Book Value ₹ 16.6
- Dividend Yield 0.38 %
- ROCE 3.84 %
- ROE 0.88 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.79 times its book value
- Company has been maintaining a healthy dividend payout of 30.44%
- Debtor days have improved from 105.40 to 49.09 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.70% over past five years.
- Company has a low return on equity of 0.24% for last 3 years.
- Promoters have pledged 67.24% of their holding.
- Company's cost of borrowing seems high
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
148 | 135 | 124 | 118 | 114 | 118 | 121 | 128 | 91 | 128 | 141 | |
135 | 123 | 104 | 103 | 110 | 103 | 109 | 109 | 73 | 109 | 123 | |
Operating Profit | 13 | 12 | 20 | 15 | 4 | 15 | 12 | 19 | 18 | 19 | 18 |
OPM % | 9% | 9% | 16% | 13% | 4% | 12% | 10% | 15% | 19% | 15% | 13% |
Other Income | 7 | 25 | 16 | 22 | 15 | 13 | 13 | 10 | 5 | 3 | 4 |
Interest | 20 | 25 | 26 | 20 | 11 | 12 | 11 | 11 | 11 | 9 | 9 |
Depreciation | 4 | 4 | 4 | 4 | 6 | 6 | 6 | 12 | 8 | 8 | 8 |
Profit before tax | -4 | 8 | 6 | 12 | 2 | 9 | 8 | 6 | 4 | 6 | 5 |
Tax % | -89% | 27% | 18% | 4% | 58% | 42% | 41% | 58% | 40% | 38% | -220% |
Net Profit | -7 | 6 | 5 | 12 | 1 | 5 | 5 | 2 | 2 | 3 | 16 |
EPS in Rs | -0.07 | 0.06 | 0.05 | 0.12 | 0.01 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 | 0.17 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|
695 | 718 | 720 | 833 | 736 | 526 | 481 | 488 | |
604 | 622 | 621 | 789 | 638 | 466 | 431 | 414 | |
Operating Profit | 91 | 97 | 99 | 44 | 98 | 60 | 50 | 74 |
OPM % | 13% | 13% | 14% | 5% | 13% | 11% | 10% | 15% |
Other Income | 3 | 2 | 18 | 362 | 232 | 70 | 50 | 22 |
Interest | 35 | 46 | 50 | 143 | 203 | 91 | 46 | 41 |
Depreciation | 15 | 15 | 19 | 58 | 93 | 16 | 29 | 34 |
Profit before tax | 44 | 37 | 47 | 205 | 34 | 23 | 25 | 20 |
Tax % | 35% | 34% | 19% | 11% | 41% | 30% | 47% | |
Net Profit | 29 | 25 | 38 | 175 | 20 | 16 | 13 | 25 |
EPS in Rs | 0.29 | 0.25 | 0.39 | 1.80 | 0.20 | 0.17 | 0.14 | 0.26 |
Dividend Payout % | 17% | 20% | 13% | 3% | 25% | 30% | 37% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -8% |
3 Years: | -17% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -13% |
3 Years: | 28% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | -5% |
3 Years: | -22% |
1 Year: | 105% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -0% |
3 Years: | 0% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|
158 | 97 | 97 | 97 | 97 | 97 | 97 | 158 | |
Reserves | 846 | 873 | 924 | 4,847 | 4,869 | 1,062 | 1,520 | 1,463 |
Borrowings | 392 | 555 | 2,518 | 3,741 | 3,843 | 468 | 342 | 224 |
378 | 392 | 842 | 1,140 | 1,176 | 606 | 606 | 696 | |
Total Liabilities | 1,713 | 1,918 | 4,382 | 9,825 | 9,985 | 2,234 | 2,566 | 2,540 |
308 | 391 | 424 | 1,956 | 1,897 | 399 | 902 | 954 | |
CWIP | 51 | 20 | 2,398 | 4,211 | 5,121 | 68 | 84 | 19 |
Investments | 208 | 312 | 7 | 1,387 | 379 | 106 | 100 | 100 |
1,147 | 1,194 | 1,553 | 2,271 | 2,587 | 1,661 | 1,480 | 1,467 | |
Total Assets | 1,713 | 1,918 | 4,382 | 9,825 | 9,985 | 2,234 | 2,566 | 2,540 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|
151 | 22 | 49 | 108 | 105 | 215 | 92 | |
-257 | -128 | -701 | 369 | -110 | 232 | -2 | |
111 | 110 | 640 | -461 | -30 | -469 | -51 | |
Net Cash Flow | 5 | 4 | -12 | 15 | -35 | -21 | 39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|
ROCE % | 6% | 4% | 0% | 2% | 2% | 4% | |
Debtor Days | 48 | 50 | 67 | 91 | 122 | 145 | 49 |
Inventory Turnover | 26.87 | 0.00 | 3.34 | 2.48 | 0.24 | 0.00 |
Documents
Add documentRecent announcements
- Credit Rating March 6, 2021
- Updates Feb. 25, 2021
- Offer for sale Feb. 25, 2021
- Copy of Newspaper Publication Feb. 14, 2021
- Updates Feb. 12, 2021
View all
Annual reports
- Financial Year 2020 from nse
- Financial Year 2019 from nse
- Financial Year 2018 from nse
- Financial Year 2017 from nse
- Financial Year 2016 from nse
- Financial Year 2015 from nse
- Financial Year 2014 from nse
- Financial Year 2013 from nse
- Financial Year 2012 from nse
- Financial Year 2011 from nse
- Financial Year 2010 from nse