Reliance Power Ltd
RPOWER NSE
Reliance Power Ltd
UtilitiesNSE: RPOWER BSE: 532939 Power Generation
Key Fundamentals
MicrocapPower GenerationPowerMarket Cap
₹8,863 Cr
Volatility
Moderate
P/E Ratio
32.9
EBITDA
₹2,782 Cr
Debt to Equity
1.26
Book Value
₹37.18
52W High
₹76.49
52W Low
₹20.17
Technical Indicators
Key Insights
Strengths
2- Stock is trading at 0.57 times its book value
- Debtor days have improved from 93.2 to 73.2 days.
Weaknesses
4- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.05% over past five years.
- Promoter holding is low: 25.0%
- Company has a low return on equity of -9.68% over last 3 years.
Growth Rate
Revenue Growth
-0.04% ↗
Net Income Growth
-231.45% ↘
Cash Flow Change
-38.94% ↘
ROE
-193.42% ↘
ROCE
883.54% ↗
EBITDA Margin (Avg.)
82.56% ↗
Quarterly Results
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 253 | 266 | 261 | 259 | 258 | 287 | 250 | 243 | 204 | 211 | 207 | 208 | 210 |
| EPS in Rs | -0.8 | 0.86 | -0.79 | -0.64 | -3.04 | -0.99 | -0.24 | 7.16 | 0.1 | 0.31 | 0.11 | 0.21 | 0.06 |
| Expenses | 1,223 | 1,889 | 1,301 | 1,318 | 2,307 | 1,811 | 1,342 | 1,384 | 1,361 | 1,388 | 1,321 | 1,356 | 1,269 |
| Interest | 650 | 574 | 620 | 716 | 602 | 517 | 551 | 562 | 544 | 399 | 426 | 395 | 371 |
| Net Profit | -245 | 257 | -296 | -238 | -1,137 | -398 | -98 | 2,878 | 42 | 126 | 45 | 87 | 25 |
| OPM % | 35% | -9% | 32% | 35% | -19% | 9% | 33% | 21% | 27% | 30% | 30% | 31% | 32% |
| Operating Profit | 663 | -159 | 621 | 720 | -364 | 186 | 651 | 376 | 492 | 590 | 565 | 618 | 604 |
| Other Income | 49 | 1,170 | 37 | 117 | 175 | 175 | 77 | 3,433 | 307 | 88 | 140 | 93 | 77 |
| PBT | -192 | 171 | -224 | -138 | -1,048 | -444 | -73 | 3,004 | 50 | 67 | 72 | 108 | 100 |
| Sales | 1,886 | 1,730 | 1,922 | 2,038 | 1,944 | 1,997 | 1,992 | 1,760 | 1,853 | 1,978 | 1,886 | 1,974 | 1,873 |
| Tax % | 28% | -50% | 32% | 72% | 8% | -10% | 34% | 4% | 16% | -87% | 38% | 19% | 75% |
Profit & Loss
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 364 | 524 | 701 | 734 | 759 | 838 | 836 | 1,083 | 1,077 | 1,017 | 1,062 | 910 | 835 |
| Div. Payout % | 0% | 0% | 31% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
| EPS in Rs | 3.67 | 3.67 | 3.19 | 3.94 | 3 | -10.52 | -14.53 | 0.82 | -2.84 | -1.26 | -5.15 | 7.34 | 0.69 |
| Expenses | 3,258 | 4,317 | 5,884 | 5,889 | 5,199 | 4,268 | 4,536 | 4,359 | 4,768 | 5,628 | 6,733 | 5,441 | 5,334 |
| Interest | 684 | 1,074 | 2,683 | 2,843 | 2,926 | 3,206 | 3,054 | 2,539 | 2,721 | 2,504 | 2,451 | 2,056 | 1,591 |
| Net Profit | 1,027 | 1,028 | 895 | 1,104 | 840 | -2,952 | -4,271 | 454 | -915 | -403 | -2,068 | 2,948 | 283 |
| OPM % | 37% | 37% | 43% | 43% | 46% | 48% | 40% | 45% | 36% | 25% | 15% | 28% | 31% |
| 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 | 2,377 |
| Other Income | 370 | 298 | 323 | 496 | 276 | -2,823 | -3,384 | 486 | 192 | 1,296 | 499 | 3,871 | 397 |
| PBT | 1,239 | 1,286 | 1,353 | 1,425 | 984 | -2,934 | -4,248 | 439 | -871 | -339 | -1,854 | 3,048 | 348 |
| Sales | 5,175 | 6,903 | 10,299 | 10,396 | 9,593 | 8,201 | 7,562 | 7,934 | 7,503 | 7,514 | 7,893 | 7,583 | 7,710 |
| Tax % | 17% | 20% | 34% | 23% | 15% | 1% | 1% | -3% | 5% | 19% | 12% | 3% | — |
Balance Sheet
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Borrowings | 30,043 | 33,219 | 33,790 | 32,925 | 31,697 | 30,456 | 28,804 | 25,635 | 23,129 | 21,236 | 18,766 | 15,153 | 15,232 |
| 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 | 1,505 |
| 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 | 4,136 |
| Fixed Assets | 13,839 | 33,634 | 34,515 | 34,851 | 34,881 | 35,903 | 38,574 | 37,190 | 36,308 | 35,776 | 33,584 | 31,859 | 31,546 |
| Investments | 141 | 861 | 873 | 799 | 280 | 224 | 30 | 36 | 37 | 39 | 209 | 173 | 142 |
| Other Assets | 9,391 | 12,001 | 21,240 | 21,112 | 20,100 | 17,675 | 11,124 | 11,644 | 11,447 | 10,401 | 8,672 | 7,864 | 8,394 |
| Other Liabilities | 6,115 | 8,175 | 9,997 | 9,872 | 9,242 | 10,245 | 12,671 | 12,901 | 14,919 | 15,704 | 13,378 | 9,793 | 9,840 |
| 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 | 12,380 |
| 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 | 41,587 |
| 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 | 41,587 |
Cash Flow
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CFO/OP | 131 | 54 | 109 | 106 | 104 | 108 | 154 | 117 | 134 | 216 | 277 | 92 |
| Financing | -586 | 695 | -3,194 | -3,389 | -4,311 | -4,839 | -4,200 | -4,615 | -3,849 | -3,623 | -2,734 | -2,435 |
| Investing | -2,311 | -3,630 | -1,348 | -2,142 | 354 | 60 | -247 | 486 | 284 | -354 | -192 | 451 |
| Operating | 2,310 | 1,399 | 4,574 | 4,705 | 4,365 | 4,223 | 4,543 | 4,149 | 3,613 | 4,024 | 3,174 | 1,938 |
| Free Cash Flow | -2,103 | -761 | 2,544 | 4,130 | 3,918 | 4,180 | 3,998 | 4,015 | 3,417 | 3,639 | 3,225 | 2,091 |
| Net Cash Flow | -587 | -1,535 | 32 | -826 | 408 | -556 | 96 | 19 | 48 | 46 | 248 | -46 |
Ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Conversion Cycle | 80 | 154 | 125 | 105 | 94 | 122 | 114 | 111 | 156 | 130 | 76 | 73 |
| Debtor Days | 80 | 154 | 125 | 105 | 94 | 122 | 114 | 111 | 156 | 130 | 76 | 73 |
| ROCE % | 4% | 5% | 7% | 8% | 7% | 7% | 6% | 7% | 5% | 3% | 1% | 6% |
| Working Capital Days | -245 | -209 | -162 | -158 | -209 | -567 | -551 | -485 | -622 | -682 | -661 | -309 |
Documents
Financial Year 2012
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Financial Year 2012
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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 2025
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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 2018
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Financial Year 2017
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Concall - Dec 2025
Dec 2025
Clarification On Media Reports
6 Mar - Reliance Power denies media reports of Enforcement Directorate raids; no raids at company premises (March 6, 2026).
6 Mar - Reliance Power denies media reports of Enforcement Directorate raids; no raids at company premises (March 6, 2026).
Clarification On Media Reports
6 Mar - Reliance Power denies media reports of Enforcement Directorate raids; no raids at company premises (March 6, 2026).
6 Mar - Reliance Power denies media reports of Enforcement Directorate raids; no raids at company premises (March 6, 2026).
Closure of Trading Window
5h - Trading window closed from April 1, 2026 until 48 hours after audited FY/Q4 March 31, 2026 results.
5h - Trading window closed from April 1, 2026 until 48 hours after audited FY/Q4 March 31, 2026 results.
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
5 Mar - Reliance Chittagong Power (Bangladesh) voluntarily wound up March 4, 2026; net worth contribution Rs 35 lakh; revenue nil.
5 Mar - Reliance Chittagong Power (Bangladesh) voluntarily wound up March 4, 2026; net worth contribution Rs 35 lakh; revenue nil.
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
5 Mar - Reliance Chittagong Power (Bangladesh) voluntarily wound up March 4, 2026; net worth contribution Rs 35 lakh; revenue nil.
5 Mar - Reliance Chittagong Power (Bangladesh) voluntarily wound up March 4, 2026; net worth contribution Rs 35 lakh; revenue nil.
Compliances-Reg. 54 - Asset Cover details
30 Jan - Security Cover Certificate for NCDs (ISIN INE614G07089) aggregating Rs.250 crore as on Dec 31, 2025.
30 Jan - Security Cover Certificate for NCDs (ISIN INE614G07089) aggregating Rs.250 crore as on Dec 31, 2025.
Report Of The Monitoring Agency For The Quarter Ended December 31, 2025
30 Jan - Monitoring report: Rs1,524.60 crore warrants; Rs694.65 crore received; Rs26.49 crore unutilised; SEBI forensic audit, ED attachments.
30 Jan - Monitoring report: Rs1,524.60 crore warrants; Rs694.65 crore received; Rs26.49 crore unutilised; SEBI forensic audit, ED attachments.
Closure of Trading Window
26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY/Q4 March 31, 2026 results.
26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY/Q4 March 31, 2026 results.
Rating update
30 Nov 2021 from icra
30 Nov 2021 from icra
Rating update
29 Nov 2023 from icra
29 Nov 2023 from icra
Rating update
28 Nov 2024 from icra
28 Nov 2024 from icra
Rating update
28 Mar 2023 from icra
28 Mar 2023 from icra
Rating update
25 Nov 2025 from icra
25 Nov 2025 from icra
Rating update
12 Apr 2023 from icra
12 Apr 2023 from icra
Frequently Asked Questions about Reliance Power Ltd
What does Reliance Power Ltd do?
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]
Where is Reliance Power Ltd (RPOWER) listed?
Reliance Power Ltd is listed on the Indian stock exchanges. It is listed on NSE: RPOWER and BSE: 532939. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Reliance Power Ltd belong to?
Reliance Power Ltd operates in the Utilities sector within the Power Generation industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Reliance Power Ltd?
Reliance Power Ltd has a market capitalisation of approximately ₹8862.96 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Reliance Power Ltd?
The Price-to-Earnings (PE) ratio of Reliance Power Ltd is 32.90. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Reliance Power Ltd?
Over the past 52 weeks, Reliance Power Ltd has traded between a low of ₹20.17 and a high of ₹76.49. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research Reliance Power Ltd on Tapetide?
On Tapetide, you can view Reliance Power Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
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]
Website reliancepower.co.in
CEO Mr. Neeraj Parakh
Employees 1,267
Listed 2008-02-11
Face Value ₹ 10
Issued Size 4,13,57,70,966