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 ₹ 9,951 Cr.
- Current Price ₹ 24.1
- High / Low ₹ 56.7 / 20.2
- Stock P/E 744
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE 0.48 %
- ROE 0.14 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.02 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -47.0% over past five years.
- Promoter holding is low: 25.0%
- Company has a low return on equity of -0.50% over last 3 years.
- Earnings include an other income of Rs.107 Cr.
- Company has high debtors of 486 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
Utilities Power Power Power Generation
Part of BSE 500 Nifty 500 Nifty Energy Nifty Smallcap 100 Nifty High Beta 50
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 136 | 56 | 48 | 44 | 43 | 54 | 39 | 40 | 28 | -1 | 0 | 2 | |
| 131 | 103 | 98 | 67 | -961 | 31 | 26 | 31 | 327 | 76 | 127 | 31 | |
| Operating Profit | 5 | -46 | -50 | -22 | 1,005 | 23 | 13 | 9 | -299 | -77 | -127 | -30 |
| OPM % | 4% | -83% | -105% | -51% | 2,316% | 43% | 33% | 23% | -1,074% | -1,810% | ||
| 233 | 1,526 | 429 | 450 | -1,125 | 91 | 483 | 142 | 1,158 | 225 | 101 | 107 | |
| Interest | 190 | 163 | 290 | 407 | 477 | 487 | 424 | 406 | 189 | 98 | 68 | 63 |
| Depreciation | 20 | 18 | 17 | 15 | 17 | 16 | 16 | 16 | 16 | 0 | 0 | 1 |
| Profit before tax | 28 | 1,299 | 71 | 5 | -614 | -389 | 55 | -270 | 655 | 49 | -94 | 13 |
| Tax % | 11% | 0% | 10% | 59% | -2% | 0% | 0% | 3% | 0% | 0% | 0% | 0% |
| 25 | 1,298 | 64 | 2 | -602 | -389 | 55 | -277 | 655 | 49 | -94 | 13 | |
| EPS in Rs | 0.09 | 4.63 | 0.23 | 0.01 | -2.14 | -1.39 | 0.20 | -0.82 | 1.75 | 0.12 | -0.23 | 0.03 |
| Dividend Payout % | 0% | 22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -30% |
| 5 Years: | -47% |
| 3 Years: | -61% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -32% |
| 5 Years: | -25% |
| 3 Years: | 27% |
| TTM: | 114% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | 15% |
| 3 Years: | 13% |
| 1 Year: | -58% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -2% |
| 3 Years: | -1% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 3,400 | 3,735 | 4,017 | 4,017 | 4,136 |
| Reserves | 14,176 | 14,060 | 13,997 | 14,959 | 10,051 | 6,002 | 6,082 | 5,777 | 5,130 | 5,380 | 5,689 | 5,622 |
| 4,496 | 4,902 | 7,267 | 7,912 | 7,540 | 6,869 | 6,734 | 6,176 | 5,392 | 4,200 | 6,258 | 6,001 | |
| 117 | 305 | 343 | 350 | 774 | 1,761 | 1,948 | 2,130 | 1,706 | 1,210 | 1,161 | 1,127 | |
| Total Liabilities | 21,594 | 22,071 | 24,413 | 26,026 | 21,170 | 17,437 | 17,568 | 17,483 | 15,964 | 14,807 | 17,125 | 16,885 |
| 322 | 333 | 314 | 299 | 288 | 279 | 261 | 247 | 236 | 0 | 5 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 18,883 | 17,589 | 19,721 | 20,815 | 17,744 | 14,084 | 14,108 | 13,898 | 12,601 | 13,153 | 16,238 | 16,227 |
| 2,389 | 4,149 | 4,378 | 4,911 | 3,138 | 3,073 | 3,199 | 3,337 | 3,127 | 1,653 | 882 | 654 | |
| Total Assets | 21,594 | 22,071 | 24,413 | 26,026 | 21,170 | 17,437 | 17,568 | 17,483 | 15,964 | 14,807 | 17,125 | 16,885 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -54 | -28 | -62 | 50 | -205 | 307 | 50 | 36 | -10 | 43 | -21 | 55 | |
| -1,067 | 286 | -2,305 | 108 | -226 | -267 | -7 | 8 | -2 | -11 | -2,511 | -74 | |
| 597 | -47 | 2,164 | 297 | -37 | -46 | -42 | -43 | 11 | -22 | 2,521 | 17 | |
| Net Cash Flow | -524 | 211 | -203 | 455 | -468 | -6 | 0 | 1 | -1 | 11 | -10 | -2 |
| Free Cash Flow | -81 | -28 | -62 | 50 | -205 | 307 | 50 | 36 | -10 | 43 | -25 | 55 |
| CFO/OP | -1,323% | 56% | 108% | -231% | -19% | 1,374% | 391% | 395% | 3% | -56% | 15% | -105% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 144 | 139 | 169 | 266 | 531 | 416 | 563 | 551 | 785 | 0 | 486 | |
| Inventory Days | 0 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 144 | 139 | 169 | 266 | 531 | 416 | 563 | 551 | 785 | 0 | 486 | |
| Working Capital Days | -5,724 | -8,548 | -27,947 | 12,839 | -48,901 | -42,061 | -56,726 | -51,933 | -65,348 | -1,315,785 | -870,776 | |
| ROCE % | 1% | 3% | 2% | 2% | 1% | 2% | 3% | 1% | -1% | 0% | -0% | 0% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Rosa Power Electricity Generation Million Units (MUs) |
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| Sasan Captive Coal Production Million Metric Tonnes (MMT) |
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| Sasan UMPP Plant Load Factor (PLF) % |
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| Sasan Coal Mine Overburden Removal Million Bank Cubic Meters (BCM) |
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| Sasan UMPP Electricity Generation Million Units (MUs) |
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| Rosa Power Plant Availability % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Public Notice - Dispatch of Notice of Annual General Meeting
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Letter Sent To Members
2d - Reliance Power to hold 32nd AGM on August 14, 2026; annual report 2025-26 shared electronically.
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Business Responsibility and Sustainability Reporting (BRSR)
2d - Reliance Power filed its BRSR for FY 2025-26 under SEBI disclosure requirements.
- Reg. 34 (1) Annual Report. 2d
- Notice Of 32Nd Annual General Meeting And Annual Report 2025-26 2d
Annual reports
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Financial Year 2026
from bse
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
Concalls
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Dec 2025TranscriptAI SummaryPPT
Business Overview[1][2]
Co. is part of the Reliance Group promoted by Mr. Anil D Ambani, and is the primary vehicle for investments in the power generation sector. As on date, their generation capacity stood at 5,305 MW, including 5,160 MW of thermal capacity and 145 MW of renewable energy-based capacity. Company has asset base of Rs 111,000 Cr as on Sep’2025.