India Power Corporation Ltd.
•₹ 7.13-0.42%
2026-08-21
PROS
- Latest quarter profit grew 321.6% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 5.79x)
- Company has been maintaining a healthy dividend payout of 69.3%
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- A large part of profit comes from other income (1279.8% of PBT)
- Company has a low return on equity of 1.8% over last 3 years
- Company has a low return on capital employed of 4.7%
- Interest coverage is weak at 1.3x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ADANIPOWER | 203.70 | 27.56 | 392829.23 | 0.00 | 4866.60 | 47.24 | 18901.89 | 33.97 | 17.79 | 42.67 |
| 2. | NTPC | 334.75 | 11.69 | 324595.90 | 2.69 | 6896.44 | -88.71 | 50740.96 | 7.81 | 8.52 | 33.23 |
| 3. | POWERGRID | 262.45 | 15.36 | 244094.35 | 3.43 | 3598.42 | -0.89 | 11496.72 | 2.68 | 9.74 | 82.97 |
| 4. | ADANIGREEN | 1290.00 | 119.11 | 212485.72 | 0.00 | 983.00 | 19.30 | 4431.00 | 16.61 | 9.90 | 91.24 |
| 5. | ADANIENSOL | 1540.00 | 64.52 | 188334.99 | 0.00 | 1236.56 | 129.44 | 9711.08 | 42.41 | 9.71 | 31.27 |
| 6. | TATAPOWER | 378.20 | 31.28 | 120847.74 | 0.66 | 1400.86 | 10.98 | 19051.26 | 5.63 | 11.63 | 21.53 |
| 7. | JSWENERGY | 540.20 | 50.35 | 99044.74 | 0.37 | 532.70 | -36.27 | 5207.13 | 1.24 | 8.50 | 55.22 |
| 8. | NTPCGREEN | 91.62 | 127.19 | 77202.03 | 0.00 | 304.84 | 38.26 | 1106.86 | 62.72 | 3.73 | 91.95 |
| 9. | NHPC | 76.00 | 20.11 | 76342.26 | 2.12 | 1178.09 | 4.15 | 3808.31 | 18.50 | 6.16 | 61.80 |
| 10. | TORNTPOWER | 1244.00 | 26.98 | 62685.60 | 1.61 | 661.85 | -10.75 | 8124.15 | 2.75 | 14.37 | 18.93 |
| 11. | NLCINDIA | 269.55 | 11.65 | 37376.79 | 1.43 | 436.33 | -48.01 | 4716.75 | 23.29 | 11.57 | 32.83 |
| 12. | DPSCLTD | 7.14 | 54.26 | 695.29 | 0.00 | 4.13 | 321.60 | 166.08 | 21.47 | 3.17 | 18.82 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 160 | 179 | 165 | 143 | 162 | 172 | 153 | 159 | 137 | 164 | 198 | 155 | 166 | |
| 141 | 164 | 152 | 129 | 146 | 159 | 141 | 145 | 228 | 150 | 183 | 143 | 169 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 7 | 8 | 7 | 7 | 9 | 8 | 5 | 89 | 4 | 3 | 4 | 5 |
| Interest | 10 | 10 | 8 | 8 | 7 | 8 | 7 | 6 | 6 | 4 | 4 | 4 | 6 |
| Depreciation | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 9 | 4 | 4 | 5 | 8 | 4 | 4 | 4 | -4 | 4 | 5 | 3 | 4 | |
| Tax % | 15.57% | 30.03% | 29.68% | 26.30% | 14.05% | 29.45% | 29.69% | 36.69% | 58.22% | 31.61% | 30.00% | 42.50% | -11.61% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 | -2 | 3 | 4 | 2 | 4 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Mar 2023
- 160
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 10
- Depreciation
- 7
- 9
- Tax %
- 15.57%
- Net Profit
- 0
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 179
- 164
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 10
- Depreciation
- 8
- 4
- Tax %
- 30.03%
- Net Profit
- 0
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 165
- 152
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 8
- Depreciation
- 8
- 4
- Tax %
- 29.68%
- Net Profit
- 0
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 143
- 129
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 8
- Depreciation
- 8
- 5
- Tax %
- 26.30%
- Net Profit
- 0
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 162
- 146
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 7
- Depreciation
- 9
- 8
- Tax %
- 14.05%
- Net Profit
- 0
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 172
- 159
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 8
- Depreciation
- 9
- 4
- Tax %
- 29.45%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 153
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 7
- Depreciation
- 9
- 4
- Tax %
- 29.69%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 159
- 145
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 6
- Depreciation
- 9
- 4
- Tax %
- 36.69%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 137
- 228
- Operating Profit
- —
- OPM %
- —
- Other Income
- 89
- Interest
- 6
- Depreciation
- 9
- -4
- Tax %
- 58.22%
- Net Profit
- -2
- -0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 164
- 150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 9
- 4
- Tax %
- 31.61%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 198
- 183
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 9
- 5
- Tax %
- 30.00%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 155
- 143
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 9
- 3
- Tax %
- 42.50%
- Net Profit
- 2
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 166
- 169
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 6
- Depreciation
- 9
- 4
- Tax %
- -11.61%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 720 | 833 | 1,014 | 605 | 481 | 525 | 582 | 623 | 650 | 620 | 683 | |
| 645 | 788 | 911 | 545 | 431 | 442 | 573 | 629 | 607 | 691 | 645 | |
| Operating Profit | 116 | 84 | 317 | 137 | 77 | 102 | 33 | 21 | 72 | 40 | — |
| OPM % | 16 | 10 | 31 | 23 | 16 | 19 | 6 | 3 | 11 | 6 | — |
| Other Income | 41 | 40 | 213 | 77 | 27 | 18 | 24 | 27 | 29 | 111 | 16 |
| Interest | 50 | 143 | 223 | 97 | 46 | 38 | 33 | 38 | 33 | 27 | 19 |
| Depreciation | 19 | 58 | 98 | 17 | 29 | 30 | 29 | 29 | 33 | 36 | 36 |
| 47 | 206 | 33 | 24 | 25 | 20 | 21 | 21 | 22 | 9 | 17 | |
| Tax % | 19 | 11 | 42 | 28 | 46 | -28 | 28 | 24 | 22 | 19 | 23 |
| Net Profit | 38 | 183 | 19 | 17 | 14 | 26 | 15 | 16 | 17 | 7 | 13 |
| EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Dividend Payout % | 14 | 3 | 25 | 30 | 37 | 19 | 32 | 31 | 28 | 69 | — |
| Minority Interest | -4 | -7 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | -1 | 1 | -1 | -0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | -4 | -7 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | -1 | 1 | -1 | -0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
Mar 2016
- 720
- 645
- Operating Profit
- 116
- OPM %
- 16
- Other Income
- 41
- Interest
- 50
- Depreciation
- 19
- 47
- Tax %
- 19
- Net Profit
- 38
- EPS
- 0
- Dividend Payout %
- 14
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 833
- 788
- Operating Profit
- 84
- OPM %
- 10
- Other Income
- 40
- Interest
- 143
- Depreciation
- 58
- 206
- Tax %
- 11
- Net Profit
- 183
- EPS
- 0
- Dividend Payout %
- 3
- Minority Interest
- -7
- Share of Associates
- -1
- Adjusted EPS
- 2
- Minority Interest
- -7
- Share of Associates
- -1
- Adjusted EPS
- 2
Mar 2018
- 1,014
- 911
- Operating Profit
- 317
- OPM %
- 31
- Other Income
- 213
- Interest
- 223
- Depreciation
- 98
- 33
- Tax %
- 42
- Net Profit
- 19
- EPS
- 0
- Dividend Payout %
- 25
- Minority Interest
- -0
- Share of Associates
- 1
- Adjusted EPS
- 0
- Minority Interest
- -0
- Share of Associates
- 1
- Adjusted EPS
- 0
Mar 2019
- 605
- 545
- Operating Profit
- 137
- OPM %
- 23
- Other Income
- 77
- Interest
- 97
- Depreciation
- 17
- 24
- Tax %
- 28
- Net Profit
- 17
- EPS
- 0
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 0
Mar 2020
- 481
- 431
- Operating Profit
- 77
- OPM %
- 16
- Other Income
- 27
- Interest
- 46
- Depreciation
- 29
- 25
- Tax %
- 46
- Net Profit
- 14
- EPS
- 0
- Dividend Payout %
- 37
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 0
Mar 2021
- 525
- 442
- Operating Profit
- 102
- OPM %
- 19
- Other Income
- 18
- Interest
- 38
- Depreciation
- 30
- 20
- Tax %
- -28
- Net Profit
- 26
- EPS
- 0
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 582
- 573
- Operating Profit
- 33
- OPM %
- 6
- Other Income
- 24
- Interest
- 33
- Depreciation
- 29
- 21
- Tax %
- 28
- Net Profit
- 15
- EPS
- 0
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2023
- 623
- 629
- Operating Profit
- 21
- OPM %
- 3
- Other Income
- 27
- Interest
- 38
- Depreciation
- 29
- 21
- Tax %
- 24
- Net Profit
- 16
- EPS
- 0
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 650
- 607
- Operating Profit
- 72
- OPM %
- 11
- Other Income
- 29
- Interest
- 33
- Depreciation
- 33
- 22
- Tax %
- 22
- Net Profit
- 17
- EPS
- 0
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 620
- 691
- Operating Profit
- 40
- OPM %
- 6
- Other Income
- 111
- Interest
- 27
- Depreciation
- 36
- 9
- Tax %
- 19
- Net Profit
- 7
- EPS
- 0
- Dividend Payout %
- 69
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
TTM
- 683
- 645
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 19
- Depreciation
- 36
- 17
- Tax %
- 23
- Net Profit
- 13
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -1%
- 5 Years:
- 5%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -12%
- 5 Years:
- -12%
- 3 Years:
- -23%
STOCK PRICE CAGR
- 10 Years:
- -12%
- 5 Years:
- -13%
- 3 Years:
- -20%
- 1 Year:
- -43%
RETURN ON EQUITY
- 10 Years:
- 2%
- 5 Years:
- 2%
- 3 Years:
- 2%
- Last Year:
- 1%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 | 97 |
| 924 | 4,847 | 4,869 | 1,002 | 1,460 | 1,482 | 1,211 | 848 | 859 | 722 | |
| 189 | 223 | 754 | 176 | 215 | 125 | 107 | 75 | 29 | 18 | |
| Trade Payables | 91 | 250 | 252 | 200 | 99 | 86 | 103 | 214 | 244 | 199 |
| 3,080 | 4,408 | 4,013 | 759 | 694 | 716 | 780 | 785 | 830 | 785 | |
| Total Liabilities | 4,382 | 9,825 | 9,985 | 2,234 | 2,566 | 2,507 | 2,298 | 2,020 | 2,059 | 1,822 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 424 | 1,956 | 1,897 | 399 | 902 | 950 | 907 | 897 | 882 | 969 | |
| Capital Work in Progress | 2,398 | 4,210 | 5,117 | 68 | 84 | 22 | 21 | 15 | 14 | 10 |
| 7 | 1,387 | 379 | 106 | 100 | 100 | 99 | 3 | 3 | 1 | |
| 15 | 84 | 74 | 10 | 7 | 8 | 8 | 10 | 9 | 14 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136 | 136 | |
| Cash & Bank | 52 | 181 | 127 | 24 | 56 | 15 | 16 | 25 | 31 | 41 |
| 1,486 | 2,007 | 2,390 | 1,627 | 1,417 | 1,412 | 1,247 | 1,070 | 984 | 652 | |
| Total Assets | 4,382 | 9,825 | 9,985 | 2,234 | 2,566 | 2,507 | 2,298 | 2,020 | 2,059 | 1,822 |
| Total Debt | 2,518 | 3,741 | 3,843 | 468 | 342 | 289 | 323 | 280 | 211 | 154 |
| Net Working Capital | -232 | 1,214 | 482 | 171 | 20 | 147 | 183 | 184 | 245 | 226 |
| Contingent Liabilities | 360 | 211 | 190 | 142 | 60 | 67 | 67 | 71 | 48 | 61 |
| Book Value per Share | 10.49 | 50.77 | 51.00 | 11.29 | 15.99 | 11.63 | 9.02 | 5.36 | 9.82 | 8.41 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 2,518 | 3,741 | 3,843 | 468 | 342 | 289 | 323 | 280 | 211 | 154 |
| Net Working Capital | -232 | 1,214 | 482 | 171 | 20 | 147 | 183 | 184 | 245 | 226 |
| Contingent Liabilities | 360 | 211 | 190 | 142 | 60 | 67 | 67 | 71 | 48 | 61 |
| Book Value per Share | 10.49 | 50.77 | 51.00 | 11.29 | 15.99 | 11.63 | 9.02 | 5.36 | 9.82 | 8.41 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 97
- 924
- 189
- Trade Payables
- 91
- 3,080
- Total Liabilities
- 4,382
- 424
- Capital Work in Progress
- 2,398
- 7
- 15
- 0
- Cash & Bank
- 52
- 1,486
- Total Assets
- 4,382
- Total Debt
- 2,518
- Net Working Capital
- -232
- Contingent Liabilities
- 360
- Book Value per Share
- 10.49
- Face Value
- 1.00
- Total Debt
- 2,518
- Net Working Capital
- -232
- Contingent Liabilities
- 360
- Book Value per Share
- 10.49
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 97
- 4,847
- 223
- Trade Payables
- 250
- 4,408
- Total Liabilities
- 9,825
- 1,956
- Capital Work in Progress
- 4,210
- 1,387
- 84
- 0
- Cash & Bank
- 181
- 2,007
- Total Assets
- 9,825
- Total Debt
- 3,741
- Net Working Capital
- 1,214
- Contingent Liabilities
- 211
- Book Value per Share
- 50.77
- Face Value
- 1.00
- Total Debt
- 3,741
- Net Working Capital
- 1,214
- Contingent Liabilities
- 211
- Book Value per Share
- 50.77
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 97
- 4,869
- 754
- Trade Payables
- 252
- 4,013
- Total Liabilities
- 9,985
- 1,897
- Capital Work in Progress
- 5,117
- 379
- 74
- 0
- Cash & Bank
- 127
- 2,390
- Total Assets
- 9,985
- Total Debt
- 3,843
- Net Working Capital
- 482
- Contingent Liabilities
- 190
- Book Value per Share
- 51.00
- Face Value
- 1.00
- Total Debt
- 3,843
- Net Working Capital
- 482
- Contingent Liabilities
- 190
- Book Value per Share
- 51.00
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 97
- 1,002
- 176
- Trade Payables
- 200
- 759
- Total Liabilities
- 2,234
- 399
- Capital Work in Progress
- 68
- 106
- 10
- 0
- Cash & Bank
- 24
- 1,627
- Total Assets
- 2,234
- Total Debt
- 468
- Net Working Capital
- 171
- Contingent Liabilities
- 142
- Book Value per Share
- 11.29
- Face Value
- 1.00
- Total Debt
- 468
- Net Working Capital
- 171
- Contingent Liabilities
- 142
- Book Value per Share
- 11.29
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 97
- 1,460
- 215
- Trade Payables
- 99
- 694
- Total Liabilities
- 2,566
- 902
- Capital Work in Progress
- 84
- 100
- 7
- 0
- Cash & Bank
- 56
- 1,417
- Total Assets
- 2,566
- Total Debt
- 342
- Net Working Capital
- 20
- Contingent Liabilities
- 60
- Book Value per Share
- 15.99
- Face Value
- 1.00
- Total Debt
- 342
- Net Working Capital
- 20
- Contingent Liabilities
- 60
- Book Value per Share
- 15.99
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 97
- 1,482
- 125
- Trade Payables
- 86
- 716
- Total Liabilities
- 2,507
- 950
- Capital Work in Progress
- 22
- 100
- 8
- 0
- Cash & Bank
- 15
- 1,412
- Total Assets
- 2,507
- Total Debt
- 289
- Net Working Capital
- 147
- Contingent Liabilities
- 67
- Book Value per Share
- 11.63
- Face Value
- 1.00
- Total Debt
- 289
- Net Working Capital
- 147
- Contingent Liabilities
- 67
- Book Value per Share
- 11.63
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 97
- 1,211
- 107
- Trade Payables
- 103
- 780
- Total Liabilities
- 2,298
- 907
- Capital Work in Progress
- 21
- 99
- 8
- 0
- Cash & Bank
- 16
- 1,247
- Total Assets
- 2,298
- Total Debt
- 323
- Net Working Capital
- 183
- Contingent Liabilities
- 67
- Book Value per Share
- 9.02
- Face Value
- 1.00
- Total Debt
- 323
- Net Working Capital
- 183
- Contingent Liabilities
- 67
- Book Value per Share
- 9.02
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 97
- 848
- 75
- Trade Payables
- 214
- 785
- Total Liabilities
- 2,020
- 897
- Capital Work in Progress
- 15
- 3
- 10
- 0
- Cash & Bank
- 25
- 1,070
- Total Assets
- 2,020
- Total Debt
- 280
- Net Working Capital
- 184
- Contingent Liabilities
- 71
- Book Value per Share
- 5.36
- Face Value
- 1.00
- Total Debt
- 280
- Net Working Capital
- 184
- Contingent Liabilities
- 71
- Book Value per Share
- 5.36
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 97
- 859
- 29
- Trade Payables
- 244
- 830
- Total Liabilities
- 2,059
- 882
- Capital Work in Progress
- 14
- 3
- 9
- 136
- Cash & Bank
- 31
- 984
- Total Assets
- 2,059
- Total Debt
- 211
- Net Working Capital
- 245
- Contingent Liabilities
- 48
- Book Value per Share
- 9.82
- Face Value
- 1.00
- Total Debt
- 211
- Net Working Capital
- 245
- Contingent Liabilities
- 48
- Book Value per Share
- 9.82
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 97
- 722
- 18
- Trade Payables
- 199
- 785
- Total Liabilities
- 1,822
- 969
- Capital Work in Progress
- 10
- 1
- 14
- 136
- Cash & Bank
- 41
- 652
- Total Assets
- 1,822
- Total Debt
- 154
- Net Working Capital
- 226
- Contingent Liabilities
- 61
- Book Value per Share
- 8.41
- Face Value
- 1.00
- Total Debt
- 154
- Net Working Capital
- 226
- Contingent Liabilities
- 61
- Book Value per Share
- 8.41
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 49 | 108 | 105 | 215 | 92 | 33 | -5 | 68 | 85 | 79 | |
| Cash from Investing | -701 | -1,068 | -110 | 243 | -13 | 10 | -11 | -1 | -18 | -2 |
| Cash from Financing | 640 | -461 | -30 | -469 | -40 | -84 | 15 | -64 | -72 | -73 |
| -12 | -1,421 | -35 | -11 | 39 | -42 | -1 | 4 | -5 | 4 | |
| Free Cash Flow | -2,296 | -3,414 | -843 | 215 | -456 | 24 | -5 | 56 | 84 | -39 |
| OCF / Net Profit | 1.31 | 0.59 | 5.49 | 12.31 | 6.73 | 1.25 | -0.34 | 4.31 | 4.93 | 11.22 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -6,795 | -4,474 | -1,066 | -166 | -297 | 120 |
| OCF / Net Profit | 1.31 | 0.59 | 5.49 | 12.31 | 6.73 | 1.25 | -0.34 | 4.31 | 4.93 | 11.22 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -6,795 | -4,474 | -1,066 | -166 | -297 | 120 |
Mar 2016
- 49
- Cash from Investing
- -701
- Cash from Financing
- 640
- -12
- Free Cash Flow
- -2,296
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- 0
Mar 2017
- 108
- Cash from Investing
- -1,068
- Cash from Financing
- -461
- -1,421
- Free Cash Flow
- -3,414
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 0
Mar 2018
- 105
- Cash from Investing
- -110
- Cash from Financing
- -30
- -35
- Free Cash Flow
- -843
- OCF / Net Profit
- 5.49
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.49
- Cumulative 5-Year FCF
- 0
Mar 2019
- 215
- Cash from Investing
- 243
- Cash from Financing
- -469
- -11
- Free Cash Flow
- 215
- OCF / Net Profit
- 12.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 12.31
- Cumulative 5-Year FCF
- 0
Mar 2020
- 92
- Cash from Investing
- -13
- Cash from Financing
- -40
- 39
- Free Cash Flow
- -456
- OCF / Net Profit
- 6.73
- Cumulative 5-Year FCF
- -6,795
- OCF / Net Profit
- 6.73
- Cumulative 5-Year FCF
- -6,795
Mar 2021
- 33
- Cash from Investing
- 10
- Cash from Financing
- -84
- -42
- Free Cash Flow
- 24
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- -4,474
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- -4,474
Mar 2022
- -5
- Cash from Investing
- -11
- Cash from Financing
- 15
- -1
- Free Cash Flow
- -5
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- -1,066
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- -1,066
Mar 2023
- 68
- Cash from Investing
- -1
- Cash from Financing
- -64
- 4
- Free Cash Flow
- 56
- OCF / Net Profit
- 4.31
- Cumulative 5-Year FCF
- -166
- OCF / Net Profit
- 4.31
- Cumulative 5-Year FCF
- -166
Mar 2024
- 85
- Cash from Investing
- -18
- Cash from Financing
- -72
- -5
- Free Cash Flow
- 84
- OCF / Net Profit
- 4.93
- Cumulative 5-Year FCF
- -297
- OCF / Net Profit
- 4.93
- Cumulative 5-Year FCF
- -297
Mar 2025
- 79
- Cash from Investing
- -2
- Cash from Financing
- -73
- 4
- Free Cash Flow
- -39
- OCF / Net Profit
- 11.22
- Cumulative 5-Year FCF
- 120
- OCF / Net Profit
- 11.22
- Cumulative 5-Year FCF
- 120
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.35 | 1.80 | 0.20 | 0.17 | 0.14 | 0.27 | 0.16 | 0.16 | 0.18 | 0.07 |
| Book Value (₹) | 10.49 | 50.77 | 51.00 | 11.29 | 15.99 | 11.63 | 9.02 | 5.36 | 9.82 | 8.41 |
| Dividend per Share (₹) | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Cash EPS (₹) | 0.59 | 2.47 | 1.20 | 0.35 | 0.44 | 0.57 | 0.45 | 0.46 | 0.52 | 0.44 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.16% | 10.13% | 31.21% | 22.62% | 15.91% | 19.41% | 5.71% | 3.30% | 6.58% | -11.45% |
| Net Margin % | 5.23% | 21.93% | 1.89% | 2.88% | 2.84% | 4.99% | 2.64% | 2.54% | 2.64% | 1.13% |
| ROE % | 3.78% | 6.12% | 0.39% | 0.57% | 1.03% | 1.95% | 1.53% | 2.26% | 2.33% | 0.79% |
| ROCE % | 3.74% | 5.65% | 2.91% | 2.31% | 3.96% | 3.38% | 3.96% | 5.54% | 5.26% | 3.17% |
| 1.19% | 2.57% | 0.19% | 0.29% | 0.57% | 1.03% | 0.64% | 0.73% | 0.84% | 0.36% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 58 | 74 | 82 | 137 | 104 | 46 | 47 | 56 | 68 | 80 |
| Inventory Days | 9 | 22 | 28 | 25 | 6 | 5 | 5 | 5 | 5 | 7 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 68 | 96 | 110 | 162 | 110 | 51 | 52 | 61 | 73 | 87 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.46x | 0.76x | 0.77x | 0.43x | 0.22x | 0.26x | 0.37x | 0.54x | 0.22x | 0.19x |
| Interest Coverage (x) | 1.92x | 2.44x | 1.15x | 1.25x | 1.56x | 1.54x | 1.64x | 1.55x | 1.67x | 1.32x |
| 0.58x | 2.22x | 1.35x | 1.32x | 1.04x | 1.32x | 1.38x | 1.31x | 1.38x | 1.37x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.27% | 15.63% | 21.81% | -40.33% | -20.51% | 9.21% | 10.86% | 6.97% | 4.27% | -4.51% |
| Operating Profit Growth % | 18.54% | -27.50% | 275.28% | -56.75% | -44.11% | 33.23% | -67.40% | -38.06% | 250.41% | -44.19% |
| Net Profit Growth % | 51.58% | 385.22% | -89.48% | -9.23% | -21.62% | 91.74% | -41.28% | 2.90% | 8.50% | -59.09% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.49% | -59.07% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 87.30x | 156.79x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.57x | 1.35x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.44% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 23.27x | 30.20x |
Mar 2016
- EPS (₹)
- 0.35
- Book Value (₹)
- 10.49
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.59
- Operating Margin %
- 16.16%
- Net Margin %
- 5.23%
- ROE %
- 3.78%
- ROCE %
- 3.74%
- 1.19%
- Debtor Days
- 58
- Inventory Days
- 9
- Payable Days
- 0
- 68
- Debt to Equity (x)
- 2.46x
- Interest Coverage (x)
- 1.92x
- 0.58x
- Revenue Growth %
- 0.27%
- Operating Profit Growth %
- 18.54%
- Net Profit Growth %
- 51.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 1.80
- Book Value (₹)
- 50.77
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 2.47
- Operating Margin %
- 10.13%
- Net Margin %
- 21.93%
- ROE %
- 6.12%
- ROCE %
- 5.65%
- 2.57%
- Debtor Days
- 74
- Inventory Days
- 22
- Payable Days
- 0
- 96
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 2.44x
- 2.22x
- Revenue Growth %
- 15.63%
- Operating Profit Growth %
- -27.50%
- Net Profit Growth %
- 385.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.20
- Book Value (₹)
- 51.00
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 1.20
- Operating Margin %
- 31.21%
- Net Margin %
- 1.89%
- ROE %
- 0.39%
- ROCE %
- 2.91%
- 0.19%
- Debtor Days
- 82
- Inventory Days
- 28
- Payable Days
- 0
- 110
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 1.15x
- 1.35x
- Revenue Growth %
- 21.81%
- Operating Profit Growth %
- 275.28%
- Net Profit Growth %
- -89.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.17
- Book Value (₹)
- 11.29
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.35
- Operating Margin %
- 22.62%
- Net Margin %
- 2.88%
- ROE %
- 0.57%
- ROCE %
- 2.31%
- 0.29%
- Debtor Days
- 137
- Inventory Days
- 25
- Payable Days
- 0
- 162
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 1.25x
- 1.32x
- Revenue Growth %
- -40.33%
- Operating Profit Growth %
- -56.75%
- Net Profit Growth %
- -9.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.14
- Book Value (₹)
- 15.99
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.44
- Operating Margin %
- 15.91%
- Net Margin %
- 2.84%
- ROE %
- 1.03%
- ROCE %
- 3.96%
- 0.57%
- Debtor Days
- 104
- Inventory Days
- 6
- Payable Days
- 0
- 110
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 1.56x
- 1.04x
- Revenue Growth %
- -20.51%
- Operating Profit Growth %
- -44.11%
- Net Profit Growth %
- -21.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.27
- Book Value (₹)
- 11.63
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.57
- Operating Margin %
- 19.41%
- Net Margin %
- 4.99%
- ROE %
- 1.95%
- ROCE %
- 3.38%
- 1.03%
- Debtor Days
- 46
- Inventory Days
- 5
- Payable Days
- 0
- 51
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 1.54x
- 1.32x
- Revenue Growth %
- 9.21%
- Operating Profit Growth %
- 33.23%
- Net Profit Growth %
- 91.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.16
- Book Value (₹)
- 9.02
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.45
- Operating Margin %
- 5.71%
- Net Margin %
- 2.64%
- ROE %
- 1.53%
- ROCE %
- 3.96%
- 0.64%
- Debtor Days
- 47
- Inventory Days
- 5
- Payable Days
- 0
- 52
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 1.64x
- 1.38x
- Revenue Growth %
- 10.86%
- Operating Profit Growth %
- -67.40%
- Net Profit Growth %
- -41.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.16
- Book Value (₹)
- 5.36
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.46
- Operating Margin %
- 3.30%
- Net Margin %
- 2.54%
- ROE %
- 2.26%
- ROCE %
- 5.54%
- 0.73%
- Debtor Days
- 56
- Inventory Days
- 5
- Payable Days
- 0
- 61
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 1.55x
- 1.31x
- Revenue Growth %
- 6.97%
- Operating Profit Growth %
- -38.06%
- Net Profit Growth %
- 2.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.18
- Book Value (₹)
- 9.82
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.52
- Operating Margin %
- 6.58%
- Net Margin %
- 2.64%
- ROE %
- 2.33%
- ROCE %
- 5.26%
- 0.84%
- Debtor Days
- 68
- Inventory Days
- 5
- Payable Days
- 0
- 73
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 1.67x
- 1.38x
- Revenue Growth %
- 4.27%
- Operating Profit Growth %
- 250.41%
- Net Profit Growth %
- 8.50%
- 8.49%
- P/E (x)
- 87.30x
- P/B (x)
- 1.57x
- Dividend Yield %
- 0.32%
- 23.27x
Mar 2025
- EPS (₹)
- 0.07
- Book Value (₹)
- 8.41
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.44
- Operating Margin %
- -11.45%
- Net Margin %
- 1.13%
- ROE %
- 0.79%
- ROCE %
- 3.17%
- 0.36%
- Debtor Days
- 80
- Inventory Days
- 7
- Payable Days
- 0
- 87
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 1.32x
- 1.37x
- Revenue Growth %
- -4.51%
- Operating Profit Growth %
- -44.19%
- Net Profit Growth %
- -59.09%
- -59.07%
- P/E (x)
- 156.79x
- P/B (x)
- 1.35x
- Dividend Yield %
- 0.44%
- 30.20x
Documents
Announcements
- Corporate Insolvency Resolution Process
2026-08-17 - DPSC Limited has informed the Exchange about Corporate Insolvency Resolution Process-Post facto intimation of the 4th (Fourth) Meeting of the Committee of Creditors (CoC) of India Power Corporation Limited (IPCL)
- Corporate Insolvency Resolution Process
2026-08-15 - DPSC Limited has informed the Exchange about Corporate Insolvency Resolution Process-Invocation of Bank Guarantee
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-07-10 - DPSC Limited has informed the Exchange about Credit Rating- Revision by Infomerics Valuation and Rating Ltd
- Credit Rating- Revision
2026-06-16 - DPSC Limited has informed the Exchange about Credit Rating- Revision
- Credit Rating- Revision
2026-06-10 - DPSC Limited has informed the Exchange about Credit Rating- Revision
Concalls
Nothing filed yet.