India Power Corporation Ltd.
•₹ 7.13-0.42%
2026-08-21
PROS
- Latest quarter profit grew 164.1% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 7.67x)
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
- Company has a consistent dividend-paying track record
CONS
- Company is loss-making at the operating / net level
- A large part of profit comes from other income (1935.1% of PBT)
- Company has a low return on equity of 1.5% over last 3 years
- Company has a low return on capital employed of 4.4%
- Interest coverage is weak at 1.2x - 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 | 203.50 | 27.53 | 392443.54 | 0.00 | 4866.60 | 47.24 | 18901.89 | 33.97 | 17.79 | 42.67 |
| 2. | NTPC | 338.00 | 11.81 | 327747.32 | 2.66 | 6896.44 | -88.71 | 50740.96 | 7.81 | 8.52 | 33.23 |
| 3. | POWERGRID | 265.25 | 15.52 | 246698.52 | 3.39 | 3598.42 | -0.89 | 11496.72 | 2.68 | 9.74 | 82.97 |
| 4. | ADANIGREEN | 1298.05 | 119.85 | 213811.70 | 0.00 | 983.00 | 19.30 | 4431.00 | 16.61 | 9.90 | 91.24 |
| 5. | ADANIENSOL | 1548.50 | 64.87 | 189374.50 | 0.00 | 1236.56 | 129.44 | 9711.08 | 42.41 | 9.71 | 31.27 |
| 6. | TATAPOWER | 375.65 | 31.07 | 120032.93 | 0.67 | 1400.86 | 10.98 | 19051.26 | 5.63 | 11.63 | 21.53 |
| 7. | JSWENERGY | 542.45 | 50.56 | 99457.27 | 0.37 | 532.70 | -36.27 | 5207.13 | 1.24 | 8.50 | 55.22 |
| 8. | NTPCGREEN | 91.85 | 127.51 | 77395.84 | 0.00 | 304.84 | 38.26 | 1106.86 | 62.72 | 3.73 | 91.95 |
| 9. | NHPC | 76.15 | 20.15 | 76492.94 | 2.11 | 1178.09 | 4.15 | 3808.31 | 18.50 | 6.16 | 61.80 |
| 10. | TORNTPOWER | 1249.10 | 27.09 | 62942.59 | 1.60 | 661.85 | -10.75 | 8124.15 | 2.75 | 14.37 | 18.93 |
| 11. | NLCINDIA | 272.00 | 11.75 | 37716.52 | 1.42 | 436.33 | -48.01 | 4716.75 | 23.29 | 11.57 | 32.83 |
| 12. | DPSCLTD | 7.16 | 54.41 | 697.23 | 0.00 | 4.13 | 321.60 | 166.08 | 21.47 | 3.17 | 18.82 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 152 | 172 | 161 | 136 | 158 | 168 | 149 | 150 | 132 | 158 | 187 | 144 | 157 | |
| 138 | 158 | 148 | 122 | 144 | 156 | 138 | 136 | 229 | 145 | 172 | 131 | 160 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 8 | 8 | 8 | 7 | 10 | 9 | 6 | 89 | 5 | 3 | 4 | 5 |
| Interest | 10 | 9 | 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 |
| 5 | 4 | 5 | 6 | 5 | 5 | 5 | 5 | -9 | -240 | 5 | 5 | 4 | |
| Tax % | 29.46% | 25.61% | 24.95% | 25.49% | 22.27% | 24.86% | 24.72% | 32.14% | 26.27% | -0.59% | 28.79% | 28.40% | -13.49% |
| Net Profit | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | -7 | -241 | 4 | 3 | 4 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -2 | 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
- 152
- 138
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 10
- Depreciation
- 7
- 5
- Tax %
- 29.46%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 172
- 158
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 9
- Depreciation
- 8
- 4
- Tax %
- 25.61%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 161
- 148
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 8
- Depreciation
- 8
- 5
- Tax %
- 24.95%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 136
- 122
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 8
- Depreciation
- 8
- 6
- Tax %
- 25.49%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 158
- 144
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 7
- Depreciation
- 9
- 5
- Tax %
- 22.27%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 168
- 156
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 8
- Depreciation
- 9
- 5
- Tax %
- 24.86%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 149
- 138
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 7
- Depreciation
- 9
- 5
- Tax %
- 24.72%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 150
- 136
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 6
- Depreciation
- 9
- 5
- Tax %
- 32.14%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 132
- 229
- Operating Profit
- —
- OPM %
- —
- Other Income
- 89
- Interest
- 6
- Depreciation
- 9
- -9
- Tax %
- 26.27%
- Net Profit
- -7
- -0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 158
- 145
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 9
- -240
- Tax %
- -0.59%
- Net Profit
- -241
- -2
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 187
- 172
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 9
- 5
- Tax %
- 28.79%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 144
- 131
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 9
- 5
- Tax %
- 28.40%
- Net Profit
- 3
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 157
- 160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 6
- Depreciation
- 9
- 4
- Tax %
- -13.49%
- Net Profit
- 4
- 0
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 97
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 562 | 450 | 481 | 523 | 481 | 500 | 560 | 599 | 627 | 600 | 647 | |
| 500 | 379 | 411 | 456 | 429 | 417 | 551 | 610 | 587 | 677 | 607 | |
| Operating Profit | 103 | 91 | 129 | 118 | 80 | 101 | 34 | 17 | 70 | 37 | — |
| OPM % | 18 | 20 | 27 | 23 | 17 | 20 | 6 | 3 | 11 | 6 | — |
| Other Income | 41 | 19 | 59 | 51 | 28 | 19 | 24 | 28 | 30 | 114 | 16 |
| Interest | 41 | 58 | 78 | 74 | 46 | 38 | 33 | 38 | 33 | 27 | 19 |
| Depreciation | 18 | 18 | 17 | 16 | 29 | 30 | 29 | 29 | 33 | 36 | 36 |
| 44 | 61 | 35 | 28 | 28 | 21 | 22 | 19 | 20 | 6 | -226 | |
| Tax % | 27 | 36 | 38 | 33 | 41 | -29 | 27 | 27 | 25 | 28 | -2 |
| Net Profit | 32 | 39 | 21 | 19 | 17 | 27 | 16 | 14 | 15 | 4 | -230 |
| EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Dividend Payout % | 15 | 12 | 23 | 26 | 29 | 18 | 30 | 36 | 32 | 115 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
Mar 2016
- 562
- 500
- Operating Profit
- 103
- OPM %
- 18
- Other Income
- 41
- Interest
- 41
- Depreciation
- 18
- 44
- Tax %
- 27
- Net Profit
- 32
- EPS
- 0
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 450
- 379
- Operating Profit
- 91
- OPM %
- 20
- Other Income
- 19
- Interest
- 58
- Depreciation
- 18
- 61
- Tax %
- 36
- Net Profit
- 39
- EPS
- 0
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 481
- 411
- Operating Profit
- 129
- OPM %
- 27
- Other Income
- 59
- Interest
- 78
- Depreciation
- 17
- 35
- Tax %
- 38
- Net Profit
- 21
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 523
- 456
- Operating Profit
- 118
- OPM %
- 23
- Other Income
- 51
- Interest
- 74
- Depreciation
- 16
- 28
- Tax %
- 33
- Net Profit
- 19
- EPS
- 0
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 481
- 429
- Operating Profit
- 80
- OPM %
- 17
- Other Income
- 28
- Interest
- 46
- Depreciation
- 29
- 28
- Tax %
- 41
- Net Profit
- 17
- EPS
- 0
- Dividend Payout %
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 500
- 417
- Operating Profit
- 101
- OPM %
- 20
- Other Income
- 19
- Interest
- 38
- Depreciation
- 30
- 21
- Tax %
- -29
- Net Profit
- 27
- EPS
- 0
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 560
- 551
- Operating Profit
- 34
- OPM %
- 6
- Other Income
- 24
- Interest
- 33
- Depreciation
- 29
- 22
- Tax %
- 27
- Net Profit
- 16
- EPS
- 0
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2023
- 599
- 610
- Operating Profit
- 17
- OPM %
- 3
- Other Income
- 28
- Interest
- 38
- Depreciation
- 29
- 19
- Tax %
- 27
- Net Profit
- 14
- EPS
- 0
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 627
- 587
- Operating Profit
- 70
- OPM %
- 11
- Other Income
- 30
- Interest
- 33
- Depreciation
- 33
- 20
- Tax %
- 25
- 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 2025
- 600
- 677
- Operating Profit
- 37
- OPM %
- 6
- Other Income
- 114
- Interest
- 27
- Depreciation
- 36
- 6
- Tax %
- 28
- Net Profit
- 4
- EPS
- 0
- Dividend Payout %
- 115
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
TTM
- 647
- 607
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 19
- Depreciation
- 36
- -226
- Tax %
- -2
- Net Profit
- -230
- 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:
- 0%
- 5 Years:
- 5%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -16%
- 5 Years:
- -24%
- 3 Years:
- -36%
STOCK PRICE CAGR
- 10 Years:
- -13%
- 5 Years:
- -13%
- 3 Years:
- -21%
- 1 Year:
- -43%
RETURN ON EQUITY
- 10 Years:
- 2%
- 5 Years:
- 2%
- 3 Years:
- 1%
- Last Year:
- 0%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 922 | 962 | 983 | 1,006 | 1,467 | 1,490 | 1,219 | 855 | 864 | 725 | |
| 174 | 113 | 253 | 176 | 215 | 125 | 107 | 75 | 26 | 15 | |
| Trade Payables | 72 | 72 | 43 | 31 | 99 | 80 | 103 | 210 | 240 | 190 |
| 975 | 830 | 782 | 602 | 694 | 716 | 781 | 785 | 827 | 785 | |
| Total Liabilities | 2,241 | 2,075 | 2,158 | 1,913 | 2,573 | 2,508 | 2,307 | 2,024 | 2,055 | 1,812 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 367 | 343 | 341 | 348 | 902 | 950 | 907 | 897 | 882 | 969 | |
| Capital Work in Progress | 9 | 15 | 38 | 68 | 84 | 22 | 21 | 15 | 14 | 10 |
| 605 | 322 | 116 | 107 | 101 | 102 | 101 | 3 | 4 | 2 | |
| 13 | 10 | 9 | 9 | 7 | 8 | 8 | 10 | 9 | 14 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112 | 104 | |
| Cash & Bank | 18 | 71 | 25 | 24 | 56 | 15 | 15 | 25 | 31 | 36 |
| 1,229 | 1,313 | 1,628 | 1,357 | 1,423 | 1,411 | 1,255 | 1,074 | 1,004 | 677 | |
| Total Assets | 2,241 | 2,075 | 2,158 | 1,913 | 2,573 | 2,508 | 2,307 | 2,024 | 2,055 | 1,812 |
| Total Debt | 853 | 589 | 645 | 338 | 342 | 289 | 323 | 280 | 207 | 151 |
| Net Working Capital | -171 | 119 | 260 | 90 | 20 | 146 | 182 | 183 | 250 | 228 |
| Contingent Liabilities | 46 | 112 | 57 | 307 | 60 | 67 | 67 | 71 | 48 | 61 |
| Book Value per Share | 10.47 | 10.88 | 11.10 | 11.33 | 16.06 | 11.71 | 9.11 | 5.44 | 9.87 | 8.44 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 853 | 589 | 645 | 338 | 342 | 289 | 323 | 280 | 207 | 151 |
| Net Working Capital | -171 | 119 | 260 | 90 | 20 | 146 | 182 | 183 | 250 | 228 |
| Contingent Liabilities | 46 | 112 | 57 | 307 | 60 | 67 | 67 | 71 | 48 | 61 |
| Book Value per Share | 10.47 | 10.88 | 11.10 | 11.33 | 16.06 | 11.71 | 9.11 | 5.44 | 9.87 | 8.44 |
| 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
- 922
- 174
- Trade Payables
- 72
- 975
- Total Liabilities
- 2,241
- 367
- Capital Work in Progress
- 9
- 605
- 13
- 0
- Cash & Bank
- 18
- 1,229
- Total Assets
- 2,241
- Total Debt
- 853
- Net Working Capital
- -171
- Contingent Liabilities
- 46
- Book Value per Share
- 10.47
- Face Value
- 1.00
- Total Debt
- 853
- Net Working Capital
- -171
- Contingent Liabilities
- 46
- Book Value per Share
- 10.47
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 97
- 962
- 113
- Trade Payables
- 72
- 830
- Total Liabilities
- 2,075
- 343
- Capital Work in Progress
- 15
- 322
- 10
- 0
- Cash & Bank
- 71
- 1,313
- Total Assets
- 2,075
- Total Debt
- 589
- Net Working Capital
- 119
- Contingent Liabilities
- 112
- Book Value per Share
- 10.88
- Face Value
- 1.00
- Total Debt
- 589
- Net Working Capital
- 119
- Contingent Liabilities
- 112
- Book Value per Share
- 10.88
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 97
- 983
- 253
- Trade Payables
- 43
- 782
- Total Liabilities
- 2,158
- 341
- Capital Work in Progress
- 38
- 116
- 9
- 0
- Cash & Bank
- 25
- 1,628
- Total Assets
- 2,158
- Total Debt
- 645
- Net Working Capital
- 260
- Contingent Liabilities
- 57
- Book Value per Share
- 11.10
- Face Value
- 1.00
- Total Debt
- 645
- Net Working Capital
- 260
- Contingent Liabilities
- 57
- Book Value per Share
- 11.10
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 97
- 1,006
- 176
- Trade Payables
- 31
- 602
- Total Liabilities
- 1,913
- 348
- Capital Work in Progress
- 68
- 107
- 9
- 0
- Cash & Bank
- 24
- 1,357
- Total Assets
- 1,913
- Total Debt
- 338
- Net Working Capital
- 90
- Contingent Liabilities
- 307
- Book Value per Share
- 11.33
- Face Value
- 1.00
- Total Debt
- 338
- Net Working Capital
- 90
- Contingent Liabilities
- 307
- Book Value per Share
- 11.33
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 97
- 1,467
- 215
- Trade Payables
- 99
- 694
- Total Liabilities
- 2,573
- 902
- Capital Work in Progress
- 84
- 101
- 7
- 0
- Cash & Bank
- 56
- 1,423
- Total Assets
- 2,573
- Total Debt
- 342
- Net Working Capital
- 20
- Contingent Liabilities
- 60
- Book Value per Share
- 16.06
- Face Value
- 1.00
- Total Debt
- 342
- Net Working Capital
- 20
- Contingent Liabilities
- 60
- Book Value per Share
- 16.06
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 97
- 1,490
- 125
- Trade Payables
- 80
- 716
- Total Liabilities
- 2,508
- 950
- Capital Work in Progress
- 22
- 102
- 8
- 0
- Cash & Bank
- 15
- 1,411
- Total Assets
- 2,508
- Total Debt
- 289
- Net Working Capital
- 146
- Contingent Liabilities
- 67
- Book Value per Share
- 11.71
- Face Value
- 1.00
- Total Debt
- 289
- Net Working Capital
- 146
- Contingent Liabilities
- 67
- Book Value per Share
- 11.71
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 97
- 1,219
- 107
- Trade Payables
- 103
- 781
- Total Liabilities
- 2,307
- 907
- Capital Work in Progress
- 21
- 101
- 8
- 0
- Cash & Bank
- 15
- 1,255
- Total Assets
- 2,307
- Total Debt
- 323
- Net Working Capital
- 182
- Contingent Liabilities
- 67
- Book Value per Share
- 9.11
- Face Value
- 1.00
- Total Debt
- 323
- Net Working Capital
- 182
- Contingent Liabilities
- 67
- Book Value per Share
- 9.11
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 97
- 855
- 75
- Trade Payables
- 210
- 785
- Total Liabilities
- 2,024
- 897
- Capital Work in Progress
- 15
- 3
- 10
- 0
- Cash & Bank
- 25
- 1,074
- Total Assets
- 2,024
- Total Debt
- 280
- Net Working Capital
- 183
- Contingent Liabilities
- 71
- Book Value per Share
- 5.44
- Face Value
- 1.00
- Total Debt
- 280
- Net Working Capital
- 183
- Contingent Liabilities
- 71
- Book Value per Share
- 5.44
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 97
- 864
- 26
- Trade Payables
- 240
- 827
- Total Liabilities
- 2,055
- 882
- Capital Work in Progress
- 14
- 4
- 9
- 112
- Cash & Bank
- 31
- 1,004
- Total Assets
- 2,055
- Total Debt
- 207
- Net Working Capital
- 250
- Contingent Liabilities
- 48
- Book Value per Share
- 9.87
- Face Value
- 1.00
- Total Debt
- 207
- Net Working Capital
- 250
- Contingent Liabilities
- 48
- Book Value per Share
- 9.87
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 97
- 725
- 15
- Trade Payables
- 190
- 785
- Total Liabilities
- 1,812
- 969
- Capital Work in Progress
- 10
- 2
- 14
- 104
- Cash & Bank
- 36
- 677
- Total Assets
- 1,812
- Total Debt
- 151
- Net Working Capital
- 228
- Contingent Liabilities
- 61
- Book Value per Share
- 8.44
- Face Value
- 1.00
- Total Debt
- 151
- Net Working Capital
- 228
- Contingent Liabilities
- 61
- Book Value per Share
- 8.44
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 25 | 136 | 63 | 139 | 94 | 33 | -2 | 70 | 100 | 83 | |
| Cash from Investing | -245 | 307 | -7 | 254 | -19 | 9 | -15 | -1 | -30 | -10 |
| Cash from Financing | 222 | -448 | -54 | -397 | -36 | -84 | 15 | -64 | -75 | -73 |
| 3 | -5 | 2 | -4 | 39 | -42 | -2 | 5 | -5 | -0 | |
| Free Cash Flow | 25 | 136 | 25 | 87 | -505 | 20 | -2 | 57 | 99 | -35 |
| OCF / Net Profit | 0.78 | 3.47 | 2.97 | 7.43 | 5.62 | 1.23 | -0.15 | 5.11 | 6.61 | 19.66 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -232 | -237 | -375 | -343 | -331 | 139 |
| OCF / Net Profit | 0.78 | 3.47 | 2.97 | 7.43 | 5.62 | 1.23 | -0.15 | 5.11 | 6.61 | 19.66 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -232 | -237 | -375 | -343 | -331 | 139 |
Mar 2016
- 25
- Cash from Investing
- -245
- Cash from Financing
- 222
- 3
- Free Cash Flow
- 25
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 0
Mar 2017
- 136
- Cash from Investing
- 307
- Cash from Financing
- -448
- -5
- Free Cash Flow
- 136
- OCF / Net Profit
- 3.47
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.47
- Cumulative 5-Year FCF
- 0
Mar 2018
- 63
- Cash from Investing
- -7
- Cash from Financing
- -54
- 2
- Free Cash Flow
- 25
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 0
Mar 2019
- 139
- Cash from Investing
- 254
- Cash from Financing
- -397
- -4
- Free Cash Flow
- 87
- OCF / Net Profit
- 7.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 7.43
- Cumulative 5-Year FCF
- 0
Mar 2020
- 94
- Cash from Investing
- -19
- Cash from Financing
- -36
- 39
- Free Cash Flow
- -505
- OCF / Net Profit
- 5.62
- Cumulative 5-Year FCF
- -232
- OCF / Net Profit
- 5.62
- Cumulative 5-Year FCF
- -232
Mar 2021
- 33
- Cash from Investing
- 9
- Cash from Financing
- -84
- -42
- Free Cash Flow
- 20
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- -237
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- -237
Mar 2022
- -2
- Cash from Investing
- -15
- Cash from Financing
- 15
- -2
- Free Cash Flow
- -2
- OCF / Net Profit
- -0.15
- Cumulative 5-Year FCF
- -375
- OCF / Net Profit
- -0.15
- Cumulative 5-Year FCF
- -375
Mar 2023
- 70
- Cash from Investing
- -1
- Cash from Financing
- -64
- 5
- Free Cash Flow
- 57
- OCF / Net Profit
- 5.11
- Cumulative 5-Year FCF
- -343
- OCF / Net Profit
- 5.11
- Cumulative 5-Year FCF
- -343
Mar 2024
- 100
- Cash from Investing
- -30
- Cash from Financing
- -75
- -5
- Free Cash Flow
- 99
- OCF / Net Profit
- 6.61
- Cumulative 5-Year FCF
- -331
- OCF / Net Profit
- 6.61
- Cumulative 5-Year FCF
- -331
Mar 2025
- 83
- Cash from Investing
- -10
- Cash from Financing
- -73
- -0
- Free Cash Flow
- -35
- OCF / Net Profit
- 19.66
- Cumulative 5-Year FCF
- 139
- OCF / Net Profit
- 19.66
- Cumulative 5-Year FCF
- 139
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.33 | 0.40 | 0.22 | 0.19 | 0.17 | 0.27 | 0.17 | 0.14 | 0.15 | 0.04 |
| Book Value (₹) | 10.47 | 10.88 | 11.10 | 11.33 | 16.06 | 11.71 | 9.11 | 5.44 | 9.87 | 8.44 |
| 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 (₹) | 0.52 | 0.59 | 0.39 | 0.36 | 0.47 | 0.58 | 0.46 | 0.44 | 0.50 | 0.41 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 18.36% | 20.16% | 26.82% | 22.63% | 16.59% | 20.31% | 6.04% | 2.86% | 6.32% | -12.84% |
| Net Margin % | 5.75% | 8.69% | 4.44% | 3.57% | 3.47% | 5.34% | 2.88% | 2.27% | 2.41% | 0.70% |
| ROE % | 3.25% | 3.76% | 1.99% | 1.71% | 1.25% | 1.97% | 1.59% | 1.92% | 2.02% | 0.47% |
| ROCE % | 4.87% | 6.57% | 6.42% | 6.22% | 4.27% | 3.37% | 3.98% | 5.28% | 5.01% | 2.89% |
| 1.57% | 1.81% | 1.01% | 0.92% | 0.74% | 1.05% | 0.67% | 0.63% | 0.74% | 0.22% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 55 | 62 | 44 | 38 | 44 | 46 | 47 | 56 | 62 | 66 |
| Inventory Days | 10 | 9 | 7 | 7 | 6 | 6 | 5 | 5 | 5 | 7 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 65 | 71 | 51 | 44 | 51 | 52 | 52 | 62 | 68 | 73 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.84x | 0.56x | 0.60x | 0.31x | 0.22x | 0.25x | 0.36x | 0.53x | 0.22x | 0.18x |
| Interest Coverage (x) | 2.08x | 2.05x | 1.45x | 1.37x | 1.62x | 1.55x | 1.67x | 1.49x | 1.61x | 1.22x |
| 0.54x | 1.38x | 1.63x | 1.26x | 1.04x | 1.32x | 1.38x | 1.31x | 1.39x | 1.38x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -10.36% | -19.95% | 6.86% | 8.77% | -8.06% | 3.87% | 12.06% | 7.00% | 4.64% | -4.32% |
| Operating Profit Growth % | 7.29% | -12.10% | 42.17% | -8.23% | -32.62% | 27.19% | -66.65% | -49.42% | 309.26% | -47.28% |
| Net Profit Growth % | 33.80% | 20.93% | -45.44% | -12.40% | -10.77% | 59.80% | -39.44% | -15.73% | 10.94% | -72.01% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.95% | -72.00% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 99.35x | 260.83x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.56x | 1.34x |
| 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 | 23.92x | 32.94x |
Mar 2016
- EPS (₹)
- 0.33
- Book Value (₹)
- 10.47
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.52
- Operating Margin %
- 18.36%
- Net Margin %
- 5.75%
- ROE %
- 3.25%
- ROCE %
- 4.87%
- 1.57%
- Debtor Days
- 55
- Inventory Days
- 10
- Payable Days
- 0
- 65
- Debt to Equity (x)
- 0.84x
- Interest Coverage (x)
- 2.08x
- 0.54x
- Revenue Growth %
- -10.36%
- Operating Profit Growth %
- 7.29%
- Net Profit Growth %
- 33.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.40
- Book Value (₹)
- 10.88
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.59
- Operating Margin %
- 20.16%
- Net Margin %
- 8.69%
- ROE %
- 3.76%
- ROCE %
- 6.57%
- 1.81%
- Debtor Days
- 62
- Inventory Days
- 9
- Payable Days
- 0
- 71
- Debt to Equity (x)
- 0.56x
- Interest Coverage (x)
- 2.05x
- 1.38x
- Revenue Growth %
- -19.95%
- Operating Profit Growth %
- -12.10%
- Net Profit Growth %
- 20.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.22
- Book Value (₹)
- 11.10
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.39
- Operating Margin %
- 26.82%
- Net Margin %
- 4.44%
- ROE %
- 1.99%
- ROCE %
- 6.42%
- 1.01%
- Debtor Days
- 44
- Inventory Days
- 7
- Payable Days
- 0
- 51
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 1.45x
- 1.63x
- Revenue Growth %
- 6.86%
- Operating Profit Growth %
- 42.17%
- Net Profit Growth %
- -45.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.19
- Book Value (₹)
- 11.33
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.36
- Operating Margin %
- 22.63%
- Net Margin %
- 3.57%
- ROE %
- 1.71%
- ROCE %
- 6.22%
- 0.92%
- Debtor Days
- 38
- Inventory Days
- 7
- Payable Days
- 0
- 44
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 1.37x
- 1.26x
- Revenue Growth %
- 8.77%
- Operating Profit Growth %
- -8.23%
- Net Profit Growth %
- -12.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.17
- Book Value (₹)
- 16.06
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.47
- Operating Margin %
- 16.59%
- Net Margin %
- 3.47%
- ROE %
- 1.25%
- ROCE %
- 4.27%
- 0.74%
- Debtor Days
- 44
- Inventory Days
- 6
- Payable Days
- 0
- 51
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 1.62x
- 1.04x
- Revenue Growth %
- -8.06%
- Operating Profit Growth %
- -32.62%
- Net Profit Growth %
- -10.77%
- 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 (₹)
- 11.71
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.58
- Operating Margin %
- 20.31%
- Net Margin %
- 5.34%
- ROE %
- 1.97%
- ROCE %
- 3.37%
- 1.05%
- Debtor Days
- 46
- Inventory Days
- 6
- Payable Days
- 0
- 52
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 1.55x
- 1.32x
- Revenue Growth %
- 3.87%
- Operating Profit Growth %
- 27.19%
- Net Profit Growth %
- 59.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.17
- Book Value (₹)
- 9.11
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.46
- Operating Margin %
- 6.04%
- Net Margin %
- 2.88%
- ROE %
- 1.59%
- ROCE %
- 3.98%
- 0.67%
- Debtor Days
- 47
- Inventory Days
- 5
- Payable Days
- 0
- 52
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 1.67x
- 1.38x
- Revenue Growth %
- 12.06%
- Operating Profit Growth %
- -66.65%
- Net Profit Growth %
- -39.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.14
- Book Value (₹)
- 5.44
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.44
- Operating Margin %
- 2.86%
- Net Margin %
- 2.27%
- ROE %
- 1.92%
- ROCE %
- 5.28%
- 0.63%
- Debtor Days
- 56
- Inventory Days
- 5
- Payable Days
- 0
- 62
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 1.49x
- 1.31x
- Revenue Growth %
- 7.00%
- Operating Profit Growth %
- -49.42%
- Net Profit Growth %
- -15.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.15
- Book Value (₹)
- 9.87
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.50
- Operating Margin %
- 6.32%
- Net Margin %
- 2.41%
- ROE %
- 2.02%
- ROCE %
- 5.01%
- 0.74%
- Debtor Days
- 62
- Inventory Days
- 5
- Payable Days
- 0
- 68
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 1.61x
- 1.39x
- Revenue Growth %
- 4.64%
- Operating Profit Growth %
- 309.26%
- Net Profit Growth %
- 10.94%
- 10.95%
- P/E (x)
- 99.35x
- P/B (x)
- 1.56x
- Dividend Yield %
- 0.32%
- 23.92x
Mar 2025
- EPS (₹)
- 0.04
- Book Value (₹)
- 8.44
- Dividend per Share (₹)
- 0.05
- Cash EPS (₹)
- 0.41
- Operating Margin %
- -12.84%
- Net Margin %
- 0.70%
- ROE %
- 0.47%
- ROCE %
- 2.89%
- 0.22%
- Debtor Days
- 66
- Inventory Days
- 7
- Payable Days
- 0
- 73
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 1.22x
- 1.38x
- Revenue Growth %
- -4.32%
- Operating Profit Growth %
- -47.28%
- Net Profit Growth %
- -72.01%
- -72.00%
- P/E (x)
- 260.83x
- P/B (x)
- 1.34x
- Dividend Yield %
- 0.44%
- 32.94x
Documents
Announcements
- Corporate Insolvency Resolution Process
2026-08-21 - DPSC Limited has informed the Exchange about Corporate Insolvency Resolution Process
- Corporate Insolvency Resolution Process
2026-08-21 - DPSC Limited has informed the Exchange about Corporate Insolvency Resolution Process
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.