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 ₹ 11,435 Cr.
- Current Price ₹ 27.6
- High / Low ₹ 76.5 / 20.2
- Stock P/E 855
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE 0.48 %
- ROE 0.14 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.17 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.
- 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 BSE Power Nifty Smallcap 100
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: | -6% |
| 5 Years: | 27% |
| 3 Years: | 28% |
| 1 Year: | -45% |
| 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rosa Power Plant Generation BU |
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| Sasan Captive Mine Coal Production Million Tonnes |
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| Sasan UMPP Generation BU |
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| Sasan UMPP Plant Load Factor (PLF) % |
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| Installed Power Generation Capacity MW |
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| Rosa Power Plant PLF % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
21 May - Board approved FY26 audited results, director/auditor appointments, and funding authorizations up to ₹6,000 crore plus ₹3,000 crore debentures.
- Results - Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2026 21 May
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Board Meeting Outcome for Outcome Of The Board Meeting
21 May - Board approved FY26 audited results; appointed independent director and auditor; seeks ₹6,000 crore equity and ₹3,000 crore debentures.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
20 May - PMLA authority confirmed attachment of assets worth Rs 407.60 crore; Reliance Power will appeal.
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Board Meeting Intimation for Board Meeting
17 May - Board meeting on May 21, 2026 to approve FY26 results and consider equity, debt, or warrant fundraising.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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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
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Financial Year 2012
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Financial Year 2012
from bse
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.