Reliance Power Ltd
Reliance Power Ltd is the listed holding company of a power-generation group operating 5,305 MW: 5,160 MW thermal and 145 MW renewable. Its main assets are the 3,960 MW Sasan UMPP, 1,200 MW Rosa plant, 40 MW solar PV, 100 MW concentrated-solar and 5 MW wind projects; Reliance NU subsidiaries are developing solar-plus-storage projects. [1]
- Market Cap ₹ 8,135 Cr.
- Current Price ₹ 19.7
- High / Low ₹ 50.7 / 19.1
- Stock P/E 554
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE 0.48 %
- ROE 0.13 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.84 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.109 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 Nifty 500 BSE Utilities BSE 250 SmallCap Index BSE 400 MidSmallCap Index Nifty MidSmallcap 400
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 136 | 56 | 48 | 44 | 43 | 54 | 39 | 40 | 28 | -1 | 0 | 2 | 1 | |
| 131 | 103 | 98 | 67 | -961 | 31 | 26 | 31 | 327 | 76 | 127 | 31 | 33 | |
| Operating Profit | 5 | -46 | -50 | -22 | 1,005 | 23 | 13 | 9 | -299 | -77 | -127 | -30 | -32 |
| OPM % | 3.6% | -83% | -105% | -51% | 2,316% | 43% | 33% | 23% | -1,074% | -1,810% | -2,437% | ||
| 233 | 1,526 | 429 | 450 | -1,125 | 91 | 483 | 142 | 1,158 | 225 | 101 | 107 | 109 | |
| Interest | 190 | 163 | 290 | 407 | 477 | 487 | 424 | 406 | 189 | 98 | 68 | 63 | 61 |
| Depreciation | 20 | 18 | 17 | 15 | 17 | 16 | 16 | 16 | 16 | 0 | 0 | 1 | 1 |
| Profit before tax | 28 | 1,299 | 71 | 5 | -614 | -389 | 55 | -270 | 655 | 49 | -94 | 13 | 15 |
| 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 | 15 | |
| 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 | 0.04 |
| 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: | 159% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -32% |
| 5 Years: | -25% |
| 3 Years: | 27% |
| TTM: | 116% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 7% |
| 3 Years: | 1% |
| 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 / 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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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- On Oct 1, 2026, Reliance Power named as accused in CBI’s second chargesheet in Reliance Home Finance case.
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Closure of Trading Window
- Trading window closes from Oct. 1, 2026 until 48 hours after Q2FY26 results.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Sachin Mohapatra resigned as Non-Executive, Non-Independent Director effective September 25, 2026.
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- Sept. 7, 2026: Reliance Power named accused in CBI supplementary chargesheet in Reliance Commercial Finance matter.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication - Special Window for transfer and dematerialisation of physical shares
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
from bse
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
from bse
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Annual Report 2012
from nse
Concalls
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Dec 2025PPT
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.