Rattanindia Power Ltd
RattanIndia Power Limited is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India. [1]
- Market Cap ₹ 4,425 Cr.
- Current Price ₹ 8.25
- High / Low ₹ 12.3 / 2.87
- Stock P/E
- Book Value ₹ -10.6
- Dividend Yield 0.00 %
- ROCE 8.62 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoters have pledged 88.6% of their holding.
- Earnings include an other income of Rs.347 Cr.
- Company has high debtors of 282 days.
- Company's cost of borrowing seems high
* 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
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 339 | 625 | 2,596 | 1,391 | 2,054 | 1,924 | 1,774 | 1,560 | 3,260 | 3,231 | 3,351 | |
38 | 167 | 296 | 600 | 1,643 | 678 | 1,499 | 1,372 | 1,266 | 920 | 2,457 | 2,493 | 2,714 | |
Operating Profit | -38 | -167 | 43 | 26 | 953 | 712 | 555 | 551 | 508 | 640 | 803 | 738 | 637 |
OPM % | 13% | 4% | 37% | 51% | 27% | 29% | 29% | 41% | 25% | 23% | 19% | ||
168 | 68 | 59 | 61 | 81 | 155 | 148 | -1,155 | 2,878 | 1,074 | -28 | 328 | 347 | |
Interest | 5 | 6 | 132 | 546 | 1,204 | 1,238 | 1,954 | 2,304 | 2,805 | 2,241 | 2,342 | 2,512 | 2,775 |
Depreciation | 1 | 1 | 67 | 190 | 236 | 254 | 400 | 420 | 417 | 416 | 414 | 404 | 410 |
Profit before tax | 124 | -107 | -97 | -649 | -406 | -624 | -1,650 | -3,328 | 165 | -942 | -1,981 | -1,849 | -2,201 |
Tax % | 29% | 16% | -5% | -2% | -6% | -1% | -1% | 0% | 0% | -0% | 0% | -1% | |
88 | -89 | -101 | -664 | -432 | -631 | -1,663 | -3,328 | 165 | -942 | -1,981 | -1,870 | -2,252 | |
EPS in Rs | 0.39 | -0.34 | -0.38 | -2.25 | -1.46 | -2.13 | -5.63 | -11.24 | 0.33 | -1.75 | -3.69 | -3.48 | -4.19 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 22% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 8% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | 25% |
3 Years: | 47% |
1 Year: | 184% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2,227 | 2,643 | 2,643 | 2,953 | 2,845 | 2,845 | 2,945 | 2,953 | 4,940 | 5,370 | 5,370 | 5,370 | 5,370 |
Reserves | 2,181 | 2,766 | 2,730 | 2,144 | 1,902 | 1,223 | -447 | -3,711 | -4,510 | -5,995 | -8,032 | -9,903 | -11,085 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 578 | 605 | 580 | 377 | |
1,992 | 8,331 | 10,679 | 12,216 | 13,552 | 14,702 | 14,633 | 13,871 | 11,932 | 11,651 | 10,967 | 10,641 | 10,986 | |
4,670 | 1,597 | 1,374 | 1,372 | 2,225 | 2,420 | 4,238 | 6,328 | 6,733 | 7,590 | 9,353 | 11,264 | 12,083 | |
Total Liabilities | 11,070 | 15,336 | 17,426 | 18,684 | 20,525 | 21,191 | 21,370 | 19,441 | 19,095 | 18,615 | 17,658 | 17,372 | 17,353 |
205 | 209 | 4,675 | 8,795 | 9,268 | 10,793 | 15,011 | 14,592 | 14,410 | 13,995 | 13,381 | 13,051 | 13,048 | |
CWIP | 7,035 | 11,136 | 9,120 | 6,674 | 6,659 | 6,339 | 2,283 | 2,354 | 1,584 | 1,574 | 1,142 | 1,110 | 1,100 |
Investments | 244 | 20 | 20 | 20 | 0 | 70 | 10 | 193 | 275 | 0 | 4 | 8 | 0 |
3,587 | 3,971 | 3,610 | 3,195 | 4,598 | 3,988 | 4,066 | 2,301 | 2,826 | 3,046 | 3,131 | 3,203 | 3,206 | |
Total Assets | 11,070 | 15,336 | 17,426 | 18,684 | 20,525 | 21,191 | 21,370 | 19,441 | 19,095 | 18,615 | 17,658 | 17,372 | 17,353 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-56 | 622 | 42 | -185 | 11 | 1,206 | 215 | 836 | 610 | 736 | 934 | 1,015 | |
-740 | -4,956 | -607 | -237 | -108 | -493 | -107 | -161 | -91 | 101 | 59 | -5 | |
954 | 4,154 | 604 | 372 | 169 | -722 | -235 | -801 | -476 | -795 | -956 | -977 | |
Net Cash Flow | 158 | -180 | 39 | -49 | 71 | -9 | -127 | -127 | 44 | 42 | 37 | 33 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 114 | 120 | 120 | 208 | 236 | 237 | 316 | 457 | 281 | 282 | ||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 114 | 120 | 120 | 208 | 236 | 237 | 316 | 457 | 281 | 282 | ||
Working Capital Days | -420 | -607 | 53 | -151 | -461 | -1,080 | -913 | -746 | -557 | -803 | ||
ROCE % | 1% | -1% | 0% | -1% | 4% | 3% | 2% | 2% | 2% | 11% | 8% | 9% |
Documents
Announcements
- Closure Of Foreign Subsidiary Companies Of Rattanindia Power Limited ('The Company') 10m
- Earnings Update Of Rattanindia Power Limited For The Quarter Ended December 31, 2023. 23 Jan
- Submission Of Unaudited Standalone And Consolidated Financial Results Of Rattanindia Power Limited For The Quarter And Nine Months Ended December 31, 2023 And The Limited Review Report Thereon 23 Jan
- Dismissal Of Appeal By Hon'Ble National Company Law Appellate Tribunal (NCLAT) In Case Of Sinnar Thermal Power Limited, A Wholly Owned Subsidiary Company. 20 Jan
- Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2023 16 Jan
Annual reports
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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 nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Company History
The Co was incorporated in the year 2007 as Sophia Power Company Limited, originally as a part of Indiabulls group. The company changed its name to Indiabulls Power Limited after its listing on NSE as well as BSE in the year 2009. In 2014, subsequent to the group split, the company along with Indiabulls Infrastructure and Power Limited was carved out of the group and renamed as RattanIndia Power Limited. [1]