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 ₹ 18,450 Cr.
- Current Price ₹ 44.6
- High / Low ₹ 76.5 / 31.3
- Stock P/E
- Book Value ₹ 40.7
- Dividend Yield 0.00 %
- ROCE 6.15 %
- ROE -1.08 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.13 times its book value
- Debtor days have improved from 93.2 to 73.2 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.05% over past five years.
- Company has a low return on equity of -9.68% over last 3 years.
- Earnings include an other income of Rs.3,967 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
Utilities Power Power Power Generation
Part of Nifty 500 BSE SmallCap Nifty Energy Nifty Smallcap 100 Nifty Alpha 50
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5,175 | 6,903 | 10,299 | 10,396 | 9,593 | 8,201 | 7,562 | 7,934 | 7,503 | 7,514 | 7,893 | 7,583 | 7,476 | |
3,258 | 4,317 | 5,884 | 5,889 | 5,199 | 4,268 | 4,536 | 4,359 | 4,768 | 5,628 | 6,733 | 5,441 | 5,454 | |
Operating Profit | 1,917 | 2,587 | 4,414 | 4,506 | 4,393 | 3,934 | 3,027 | 3,575 | 2,735 | 1,886 | 1,160 | 2,142 | 2,023 |
OPM % | 37% | 37% | 43% | 43% | 46% | 48% | 40% | 45% | 36% | 25% | 15% | 28% | 27% |
370 | 298 | 323 | 496 | 276 | -2,823 | -3,384 | 486 | 192 | 1,296 | 499 | 3,871 | 3,967 | |
Interest | 684 | 1,074 | 2,683 | 2,843 | 2,926 | 3,206 | 3,054 | 2,539 | 2,721 | 2,504 | 2,451 | 2,056 | 1,931 |
Depreciation | 364 | 524 | 701 | 734 | 759 | 838 | 836 | 1,083 | 1,077 | 1,017 | 1,062 | 910 | 866 |
Profit before tax | 1,239 | 1,286 | 1,353 | 1,425 | 984 | -2,934 | -4,248 | 439 | -871 | -339 | -1,854 | 3,048 | 3,193 |
Tax % | 17% | 20% | 34% | 23% | 15% | 1% | 1% | -3% | 5% | 19% | 12% | 3% | |
1,027 | 1,028 | 895 | 1,104 | 840 | -2,952 | -4,271 | 454 | -915 | -403 | -2,068 | 2,948 | 3,090 | |
EPS in Rs | 3.67 | 3.67 | 3.19 | 3.94 | 3.00 | -10.52 | -14.53 | 0.82 | -2.84 | -1.26 | -5.15 | 7.34 | 7.68 |
Dividend Payout % | 0% | 0% | 31% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 0% |
3 Years: | 0% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 23% |
TTM: | 99% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 76% |
3 Years: | 37% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -7% |
3 Years: | -10% |
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 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2,797 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 3,400 | 3,735 | 4,017 | 4,017 |
Reserves | 16,672 | 17,827 | 17,422 | 18,562 | 18,430 | 14,572 | 9,064 | 9,441 | 8,364 | 7,860 | 7,597 | 12,320 |
30,043 | 33,219 | 33,790 | 32,925 | 31,697 | 30,456 | 28,804 | 25,635 | 23,129 | 21,236 | 18,766 | 15,153 | |
6,115 | 8,175 | 9,997 | 9,872 | 9,242 | 10,245 | 12,671 | 12,901 | 14,919 | 15,704 | 13,378 | 9,793 | |
Total Liabilities | 55,626 | 62,026 | 64,014 | 64,165 | 62,174 | 58,078 | 53,343 | 50,782 | 49,812 | 48,535 | 43,758 | 41,283 |
13,839 | 33,634 | 34,515 | 34,851 | 34,881 | 35,903 | 38,574 | 37,190 | 36,308 | 35,776 | 33,584 | 31,859 | |
CWIP | 32,255 | 15,531 | 7,386 | 7,403 | 6,913 | 4,276 | 3,615 | 1,912 | 2,020 | 2,320 | 1,293 | 1,387 |
Investments | 141 | 861 | 873 | 799 | 280 | 224 | 30 | 36 | 37 | 39 | 209 | 173 |
9,391 | 12,001 | 21,240 | 21,112 | 20,100 | 17,675 | 11,124 | 11,644 | 11,447 | 10,401 | 8,672 | 7,864 | |
Total Assets | 55,626 | 62,026 | 64,014 | 64,165 | 62,174 | 58,078 | 53,343 | 50,782 | 49,812 | 48,535 | 43,758 | 41,283 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,310 | 1,399 | 4,574 | 4,705 | 4,365 | 4,223 | 4,543 | 4,149 | 3,613 | 4,024 | 3,174 | 1,938 | |
-2,311 | -3,630 | -1,348 | -2,142 | 354 | 60 | -247 | 486 | 284 | -354 | -192 | 451 | |
-586 | 695 | -3,194 | -3,389 | -4,311 | -4,839 | -4,200 | -4,615 | -3,849 | -3,623 | -2,734 | -2,435 | |
Net Cash Flow | -587 | -1,535 | 32 | -826 | 408 | -556 | 96 | 19 | 48 | 46 | 248 | -46 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 80 | 154 | 125 | 105 | 94 | 122 | 114 | 111 | 156 | 130 | 76 | 73 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 80 | 154 | 125 | 105 | 94 | 122 | 114 | 111 | 156 | 130 | 76 | 73 |
Working Capital Days | -245 | -209 | -162 | -158 | -209 | -567 | -551 | -485 | -622 | -682 | -661 | -309 |
ROCE % | 4% | 5% | 7% | 8% | 7% | 7% | 6% | 7% | 5% | 3% | 1% | 6% |
Documents
Announcements
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
12h - SEBI show-cause notice on Reliance Infra exposure in CLE Private Ltd; Reliance Power denies exposure, pursuing legal remedies.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
29 Sep - Sale of 100% stakes in five Indonesian coal subsidiaries for USD 12,000,000; SPA Sep 29, 2025; closing Dec 30, 2025
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Closure of Trading Window
26 Sep - Trading window closed Oct 1, 2025 until 48 hours after Sep 30, 2025 unaudited results declaration.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
19 Sep - 19 Sep 2025: Reliance Power says CBI actions on RCFL/RHFL do not affect its operations or financials.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 Sep - Sept 5, 2025: Reliance Power states Bank of Baroda's fraud classification of Reliance Communications/Anil Ambani doesn't affect it.
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
from nse
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Financial Year 2012
from bse
Capacity
The company’s generation capacity stands at 5,945 MW, including 5,760 MW of thermal capacity and 185 MW of renewable energy-based capacity. [1]