Reliance Power Ltd.
•₹ 23.455.87%
2026-08-21
PROS
- Latest quarter profit grew 68.4% YoY, showing strong momentum
CONS
- Company is loss-making at the operating / net level
- A large part of profit comes from other income (807.2% of PBT)
- Recent results are weak - TTM profit is down 47.6% versus prior year
- Company has a low return on capital employed of 0.4%
- Company has a low return on equity of -0.1% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -2.11x)
* 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. | RPOWER | 21.71 | 0.00 | 8978.76 | 0.00 | 64.71 | 44.83 | 1956.32 | 3.75 | 5.07 | 28.75 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | |
| 4 | 5 | 5 | 64 | 5 | 7 | 6 | 108 | 7 | 16 | 8 | 1 | 22 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 30 | 33 | 38 | 8 | 25 | 31 | 23 | 21 | 23 | 36 | 24 | 24 | 25 |
| Interest | 40 | 22 | 24 | 12 | 19 | 19 | 17 | 15 | 15 | 16 | 16 | 16 | 13 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -15 | 7 | 9 | 43 | 2 | 5 | 0 | -101 | 2 | 5 | -1 | 7 | 3 | |
| Tax % | -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% |
| Net Profit | -15 | 7 | 9 | 43 | 2 | 5 | 0 | -101 | 2 | 5 | -1 | 7 | 3 |
| -0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 3,735 | 3,811 | 3,811 | 4,017 | 4,017 | 4,017 | 4,017 | 4,017 | 4,136 | 4,136 | 4,136 | 4,136 | 4,136 |
| 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 | 3,735 | 3,811 | 3,811 | 4,017 | 4,017 | 4,017 | 4,017 | 4,017 | 4,136 | 4,136 | 4,136 | 4,136 | 4,136 |
| 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% |
Jun 2023
- 0
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 40
- Depreciation
- 0
- -15
- Tax %
- -0.00%
- Net Profit
- -15
- -0
- Equity Capital
- 3,735
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,735
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 0
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 22
- Depreciation
- 0
- 7
- Tax %
- 0.00%
- Net Profit
- 7
- 0
- Equity Capital
- 3,811
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,811
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 0
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 24
- Depreciation
- 0
- 9
- Tax %
- 0.00%
- Net Profit
- 9
- 0
- Equity Capital
- 3,811
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,811
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 0
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 12
- Depreciation
- 0
- 43
- Tax %
- 0.00%
- Net Profit
- 43
- 0
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 0
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 19
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 0
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 19
- Depreciation
- 0
- 5
- Tax %
- 0.00%
- Net Profit
- 5
- 0
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 0
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 17
- Depreciation
- 0
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 0
- 108
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 15
- Depreciation
- 0
- -101
- Tax %
- -0.00%
- Net Profit
- -101
- -0
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,017
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 15
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1
- 16
- Operating Profit
- —
- OPM %
- —
- Other Income
- 36
- Interest
- 16
- Depreciation
- 0
- 5
- Tax %
- 0.00%
- Net Profit
- 5
- 0
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 0
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 16
- Depreciation
- 0
- -1
- Tax %
- -0.00%
- Net Profit
- -1
- 0
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 16
- Depreciation
- 0
- 7
- Tax %
- 0.00%
- Net Profit
- 7
- 0
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 0
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 13
- Depreciation
- 0
- 3
- Tax %
- 0.00%
- Net Profit
- 3
- 0
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 48 | 44 | 43 | 54 | 39 | 42 | 0 | 0 | 0 | 2 | 1 | |
| 98 | 67 | 56 | 31 | 26 | 33 | 319 | 78 | 164 | 32 | 47 | |
| Operating Profit | 378 | 423 | 289 | 309 | 496 | 151 | -197 | 32 | -26 | 78 | — |
| OPM % | 787 | 955 | 666 | 577 | 1,269 | 361 | — | — | — | 4,760 | — |
| Other Income | 429 | 445 | 302 | 286 | 483 | 142 | 121 | 110 | 138 | 108 | 109 |
| Interest | 290 | 407 | 477 | 487 | 424 | 406 | 166 | 98 | 68 | 63 | 61 |
| Depreciation | 17 | 15 | 17 | 16 | 16 | 16 | 0 | 0 | 0 | 1 | 1 |
| 71 | 1 | -618 | -389 | 55 | -270 | 673 | 44 | -95 | 13 | 15 | |
| Tax % | 10 | 494 | 2 | 0 | 0 | -3 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 64 | -3 | -606 | -389 | 55 | -277 | 673 | 44 | -95 | 13 | 15 |
| EPS | 0 | 0 | -6 | -1 | 0 | -1 | 2 | 0 | -0 | 0 | — |
| Dividend Payout % | 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 | -2 | -1 | 0 | -1 | 2 | 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 | -2 | -1 | 0 | -1 | 2 | 0 | -0 | 0 | — |
Mar 2017
- 48
- 98
- Operating Profit
- 378
- OPM %
- 787
- Other Income
- 429
- Interest
- 290
- Depreciation
- 17
- 71
- Tax %
- 10
- Net Profit
- 64
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 44
- 67
- Operating Profit
- 423
- OPM %
- 955
- Other Income
- 445
- Interest
- 407
- Depreciation
- 15
- 1
- Tax %
- 494
- Net Profit
- -3
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2019
- 43
- 56
- Operating Profit
- 289
- OPM %
- 666
- Other Income
- 302
- Interest
- 477
- Depreciation
- 17
- -618
- Tax %
- 2
- Net Profit
- -606
- EPS
- -6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2020
- 54
- 31
- Operating Profit
- 309
- OPM %
- 577
- Other Income
- 286
- Interest
- 487
- Depreciation
- 16
- -389
- Tax %
- 0
- Net Profit
- -389
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2021
- 39
- 26
- Operating Profit
- 496
- OPM %
- 1,269
- Other Income
- 483
- Interest
- 424
- Depreciation
- 16
- 55
- Tax %
- 0
- Net Profit
- 55
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 42
- 33
- Operating Profit
- 151
- OPM %
- 361
- Other Income
- 142
- Interest
- 406
- Depreciation
- 16
- -270
- Tax %
- -3
- Net Profit
- -277
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2023
- 0
- 319
- Operating Profit
- -197
- OPM %
- —
- Other Income
- 121
- Interest
- 166
- Depreciation
- 0
- 673
- Tax %
- 0
- Net Profit
- 673
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 0
- 78
- Operating Profit
- 32
- OPM %
- —
- Other Income
- 110
- Interest
- 98
- Depreciation
- 0
- 44
- Tax %
- 0
- Net Profit
- 44
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 0
- 164
- Operating Profit
- -26
- OPM %
- —
- Other Income
- 138
- Interest
- 68
- Depreciation
- 0
- -95
- Tax %
- 0
- Net Profit
- -95
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2026
- 2
- 32
- Operating Profit
- 78
- OPM %
- 4,760
- Other Income
- 108
- Interest
- 63
- Depreciation
- 1
- 13
- Tax %
- 0
- Net Profit
- 13
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
TTM
- 1
- 47
- Operating Profit
- —
- OPM %
- —
- Other Income
- 109
- Interest
- 61
- Depreciation
- 1
- 15
- Tax %
- 0
- Net Profit
- 15
- 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:
- -30%
- 5 Years:
- -47%
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -37%
- 5 Years:
- -25%
- 3 Years:
- -73%
STOCK PRICE CAGR
- 10 Years:
- -8%
- 5 Years:
- 17%
- 3 Years:
- 11%
- 1 Year:
- -54%
RETURN ON EQUITY
- 10 Years:
- 0%
- 5 Years:
- 1%
- 3 Years:
- 0%
- Last Year:
- 0%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 3,400 | 3,735 | 4,017 | 4,017 | 4,136 |
| 13,997 | 14,959 | 10,051 | 6,002 | 6,082 | 5,594 | 5,050 | 5,380 | 5,044 | 5,313 | |
| 5,168 | 5,309 | 6,033 | 5,470 | 5,174 | 4,601 | 4,909 | 3,916 | 3,696 | 3,402 | |
| Trade Payables | 28 | 15 | 28 | 21 | 12 | 17 | 19 | 2 | 2 | 1 |
| 2,431 | 2,954 | 2,269 | 3,154 | 3,511 | 3,882 | 2,261 | 1,503 | 4,378 | 4,044 | |
| Total Liabilities | 24,429 | 26,042 | 21,186 | 17,452 | 17,584 | 17,494 | 15,975 | 14,818 | 17,136 | 16,896 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 314 | 299 | 288 | 279 | 261 | 247 | 236 | 0 | 5 | 4 | |
| 19,721 | 20,815 | 17,744 | 14,084 | 14,108 | 13,898 | 12,601 | 13,153 | 16,238 | 16,227 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | |
| Cash & Bank | 375 | 620 | 138 | 19 | 6 | 7 | 2 | 13 | 2 | 1 |
| 4,019 | 4,308 | 3,016 | 3,069 | 3,209 | 3,341 | 3,135 | 1,652 | 890 | 662 | |
| Total Assets | 24,429 | 26,042 | 21,186 | 17,452 | 17,584 | 17,494 | 15,975 | 14,818 | 17,136 | 16,896 |
| Total Debt | 7,267 | 7,912 | 7,540 | 6,869 | 6,734 | 6,176 | 5,392 | 4,200 | 6,258 | 6,001 |
| Net Working Capital | -3,305 | -1,920 | -5,674 | -6,149 | -6,066 | -5,687 | -4,977 | -3,628 | -4,006 | -3,888 |
| Contingent Liabilities | 7,019 | 6,182 | 5,041 | 6,801 | 6,458 | 6,404 | 7,654 | 6,614 | 1,792 | 2,163 |
| Book Value per Share | 59.90 | 63.33 | 45.83 | 31.40 | 31.68 | 26.45 | 23.52 | 23.39 | 22.56 | 22.85 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 7,267 | 7,912 | 7,540 | 6,869 | 6,734 | 6,176 | 5,392 | 4,200 | 6,258 | 6,001 |
| Net Working Capital | -3,305 | -1,920 | -5,674 | -6,149 | -6,066 | -5,687 | -4,977 | -3,628 | -4,006 | -3,888 |
| Contingent Liabilities | 7,019 | 6,182 | 5,041 | 6,801 | 6,458 | 6,404 | 7,654 | 6,614 | 1,792 | 2,163 |
| Book Value per Share | 59.90 | 63.33 | 45.83 | 31.40 | 31.68 | 26.45 | 23.52 | 23.39 | 22.56 | 22.85 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 2,805
- 13,997
- 5,168
- Trade Payables
- 28
- 2,431
- Total Liabilities
- 24,429
- 314
- 19,721
- 0
- Cash & Bank
- 375
- 4,019
- Total Assets
- 24,429
- Total Debt
- 7,267
- Net Working Capital
- -3,305
- Contingent Liabilities
- 7,019
- Book Value per Share
- 59.90
- Face Value
- 10.00
- Total Debt
- 7,267
- Net Working Capital
- -3,305
- Contingent Liabilities
- 7,019
- Book Value per Share
- 59.90
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 2,805
- 14,959
- 5,309
- Trade Payables
- 15
- 2,954
- Total Liabilities
- 26,042
- 299
- 20,815
- 0
- Cash & Bank
- 620
- 4,308
- Total Assets
- 26,042
- Total Debt
- 7,912
- Net Working Capital
- -1,920
- Contingent Liabilities
- 6,182
- Book Value per Share
- 63.33
- Face Value
- 10.00
- Total Debt
- 7,912
- Net Working Capital
- -1,920
- Contingent Liabilities
- 6,182
- Book Value per Share
- 63.33
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 2,805
- 10,051
- 6,033
- Trade Payables
- 28
- 2,269
- Total Liabilities
- 21,186
- 288
- 17,744
- 0
- Cash & Bank
- 138
- 3,016
- Total Assets
- 21,186
- Total Debt
- 7,540
- Net Working Capital
- -5,674
- Contingent Liabilities
- 5,041
- Book Value per Share
- 45.83
- Face Value
- 10.00
- Total Debt
- 7,540
- Net Working Capital
- -5,674
- Contingent Liabilities
- 5,041
- Book Value per Share
- 45.83
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 2,805
- 6,002
- 5,470
- Trade Payables
- 21
- 3,154
- Total Liabilities
- 17,452
- 279
- 14,084
- 0
- Cash & Bank
- 19
- 3,069
- Total Assets
- 17,452
- Total Debt
- 6,869
- Net Working Capital
- -6,149
- Contingent Liabilities
- 6,801
- Book Value per Share
- 31.40
- Face Value
- 10.00
- Total Debt
- 6,869
- Net Working Capital
- -6,149
- Contingent Liabilities
- 6,801
- Book Value per Share
- 31.40
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 2,805
- 6,082
- 5,174
- Trade Payables
- 12
- 3,511
- Total Liabilities
- 17,584
- 261
- 14,108
- 0
- Cash & Bank
- 6
- 3,209
- Total Assets
- 17,584
- Total Debt
- 6,734
- Net Working Capital
- -6,066
- Contingent Liabilities
- 6,458
- Book Value per Share
- 31.68
- Face Value
- 10.00
- Total Debt
- 6,734
- Net Working Capital
- -6,066
- Contingent Liabilities
- 6,458
- Book Value per Share
- 31.68
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 3,400
- 5,594
- 4,601
- Trade Payables
- 17
- 3,882
- Total Liabilities
- 17,494
- 247
- 13,898
- 0
- Cash & Bank
- 7
- 3,341
- Total Assets
- 17,494
- Total Debt
- 6,176
- Net Working Capital
- -5,687
- Contingent Liabilities
- 6,404
- Book Value per Share
- 26.45
- Face Value
- 10.00
- Total Debt
- 6,176
- Net Working Capital
- -5,687
- Contingent Liabilities
- 6,404
- Book Value per Share
- 26.45
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 3,735
- 5,050
- 4,909
- Trade Payables
- 19
- 2,261
- Total Liabilities
- 15,975
- 236
- 12,601
- 0
- Cash & Bank
- 2
- 3,135
- Total Assets
- 15,975
- Total Debt
- 5,392
- Net Working Capital
- -4,977
- Contingent Liabilities
- 7,654
- Book Value per Share
- 23.52
- Face Value
- 10.00
- Total Debt
- 5,392
- Net Working Capital
- -4,977
- Contingent Liabilities
- 7,654
- Book Value per Share
- 23.52
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 4,017
- 5,380
- 3,916
- Trade Payables
- 2
- 1,503
- Total Liabilities
- 14,818
- 0
- 13,153
- 0
- Cash & Bank
- 13
- 1,652
- Total Assets
- 14,818
- Total Debt
- 4,200
- Net Working Capital
- -3,628
- Contingent Liabilities
- 6,614
- Book Value per Share
- 23.39
- Face Value
- 10.00
- Total Debt
- 4,200
- Net Working Capital
- -3,628
- Contingent Liabilities
- 6,614
- Book Value per Share
- 23.39
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 4,017
- 5,044
- 3,696
- Trade Payables
- 2
- 4,378
- Total Liabilities
- 17,136
- 5
- 16,238
- 1
- Cash & Bank
- 2
- 890
- Total Assets
- 17,136
- Total Debt
- 6,258
- Net Working Capital
- -4,006
- Contingent Liabilities
- 1,792
- Book Value per Share
- 22.56
- Face Value
- 10.00
- Total Debt
- 6,258
- Net Working Capital
- -4,006
- Contingent Liabilities
- 1,792
- Book Value per Share
- 22.56
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 4,136
- 5,313
- 3,402
- Trade Payables
- 1
- 4,044
- Total Liabilities
- 16,896
- 4
- 16,227
- 2
- Cash & Bank
- 1
- 662
- Total Assets
- 16,896
- Total Debt
- 6,001
- Net Working Capital
- -3,888
- Contingent Liabilities
- 2,163
- Book Value per Share
- 22.85
- Face Value
- 10.00
- Total Debt
- 6,001
- Net Working Capital
- -3,888
- Contingent Liabilities
- 2,163
- Book Value per Share
- 22.85
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -62 | 50 | -205 | 307 | 50 | 36 | -10 | 43 | -21 | 55 | |
| Cash from Investing | -2,305 | 108 | -226 | -267 | -7 | 8 | -2 | -11 | -2,511 | -74 |
| Cash from Financing | 2,164 | 297 | -37 | -46 | -42 | -43 | 11 | -22 | 2,521 | 17 |
| -203 | 455 | -468 | -6 | 0 | 1 | -1 | 11 | -10 | -2 | |
| Free Cash Flow | -62 | 50 | -211 | 300 | 50 | 34 | -14 | 43 | -25 | 55 |
| OCF / Net Profit | -0.96 | -19.50 | 0.34 | -0.79 | 0.90 | -0.13 | -0.01 | 0.98 | 0.22 | 4.11 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 127 | 223 | 159 | 414 | 88 | 93 |
| OCF / Net Profit | -0.96 | -19.50 | 0.34 | -0.79 | 0.90 | -0.13 | -0.01 | 0.98 | 0.22 | 4.11 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 127 | 223 | 159 | 414 | 88 | 93 |
Mar 2017
- -62
- Cash from Investing
- -2,305
- Cash from Financing
- 2,164
- -203
- Free Cash Flow
- -62
- OCF / Net Profit
- -0.96
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.96
- Cumulative 5-Year FCF
- 0
Mar 2018
- 50
- Cash from Investing
- 108
- Cash from Financing
- 297
- 455
- Free Cash Flow
- 50
- OCF / Net Profit
- -19.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -19.50
- Cumulative 5-Year FCF
- 0
Mar 2019
- -205
- Cash from Investing
- -226
- Cash from Financing
- -37
- -468
- Free Cash Flow
- -211
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- 0
Mar 2020
- 307
- Cash from Investing
- -267
- Cash from Financing
- -46
- -6
- Free Cash Flow
- 300
- OCF / Net Profit
- -0.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.79
- Cumulative 5-Year FCF
- 0
Mar 2021
- 50
- Cash from Investing
- -7
- Cash from Financing
- -42
- 0
- Free Cash Flow
- 50
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 127
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 127
Mar 2022
- 36
- Cash from Investing
- 8
- Cash from Financing
- -43
- 1
- Free Cash Flow
- 34
- OCF / Net Profit
- -0.13
- Cumulative 5-Year FCF
- 223
- OCF / Net Profit
- -0.13
- Cumulative 5-Year FCF
- 223
Mar 2023
- -10
- Cash from Investing
- -2
- Cash from Financing
- 11
- -1
- Free Cash Flow
- -14
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 159
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 159
Mar 2024
- 43
- Cash from Investing
- -11
- Cash from Financing
- -22
- 11
- Free Cash Flow
- 43
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 414
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 414
Mar 2025
- -21
- Cash from Investing
- -2,511
- Cash from Financing
- 2,521
- -10
- Free Cash Flow
- -25
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 88
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 88
Mar 2026
- 55
- Cash from Investing
- -74
- Cash from Financing
- 17
- -2
- Free Cash Flow
- 55
- OCF / Net Profit
- 4.11
- Cumulative 5-Year FCF
- 93
- OCF / Net Profit
- 4.11
- Cumulative 5-Year FCF
- 93
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.23 | -0.01 | -2.16 | -1.39 | 0.20 | -0.82 | 1.80 | 0.11 | -0.24 | 0.03 |
| Book Value (₹) | 59.90 | 63.33 | 45.83 | 31.40 | 31.68 | 26.45 | 23.52 | 23.39 | 22.56 | 22.85 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.29 | 0.05 | -2.10 | -1.33 | 0.25 | -0.77 | 1.80 | 0.11 | -0.24 | 0.03 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 787.12% | 955.03% | 666.46% | 576.98% | 1268.93% | 361.40% | 0.00% | 0.00% | 0.00% | -1861.35% |
| Net Margin % | 133.71% | -5.78% | -1396.45% | -726.40% | 141.64% | -662.02% | 0.00% | 0.00% | 0.00% | 820.25% |
| ROE % | 0.38% | -0.01% | -3.96% | -3.59% | 0.63% | -3.10% | 7.57% | 0.49% | -1.02% | 0.14% |
| ROCE % | 1.58% | 1.64% | -0.62% | 0.55% | 3.07% | 0.88% | 5.67% | 1.02% | -0.18% | 0.48% |
| 0.28% | -0.01% | -2.57% | -2.01% | 0.32% | -1.58% | 4.02% | 0.29% | -0.59% | 0.08% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 166 | 225 | 401 | 423 | 566 | 526 | 0 | 0 | 0 | 325 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 166 | 225 | 401 | 423 | 566 | 526 | 0 | 0 | 0 | 325 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.43x | 0.45x | 0.59x | 0.78x | 0.76x | 0.69x | 0.61x | 0.45x | 0.69x | 0.64x |
| Interest Coverage (x) | 1.24x | 1.00x | -0.30x | 0.20x | 1.13x | 0.33x | 5.05x | 1.45x | -0.38x | 1.21x |
| 0.44x | 0.69x | 0.24x | 0.22x | 0.23x | 0.26x | 0.26x | 0.29x | 0.17x | 0.14x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -14.32% | -7.89% | -2.01% | 23.40% | -27.01% | 7.22% | -100.00% | 0.00% | 0.00% | 0.00% |
| Operating Profit Growth % | -74.43% | 11.76% | -31.62% | 5.33% | 60.52% | -69.46% | -230.44% | 116.17% | -181.43% | 398.27% |
| Net Profit Growth % | -95.05% | -103.98% | 0.00% | 35.37% | 114.23% | -601.12% | 342.74% | -93.44% | -313.97% | 114.14% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -93.90% | -313.91% | 113.73% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 256.64x | 0.00x | 630.34x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.21x | 1.91x | 0.89x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 486.13x | -904.45x | 185.88x |
Mar 2017
- EPS (₹)
- 0.23
- Book Value (₹)
- 59.90
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.29
- Operating Margin %
- 787.12%
- Net Margin %
- 133.71%
- ROE %
- 0.38%
- ROCE %
- 1.58%
- 0.28%
- Debtor Days
- 166
- Inventory Days
- 0
- Payable Days
- 0
- 166
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 1.24x
- 0.44x
- Revenue Growth %
- -14.32%
- Operating Profit Growth %
- -74.43%
- Net Profit Growth %
- -95.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -0.01
- Book Value (₹)
- 63.33
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.05
- Operating Margin %
- 955.03%
- Net Margin %
- -5.78%
- ROE %
- -0.01%
- ROCE %
- 1.64%
- -0.01%
- Debtor Days
- 225
- Inventory Days
- 0
- Payable Days
- 0
- 225
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 1.00x
- 0.69x
- Revenue Growth %
- -7.89%
- Operating Profit Growth %
- 11.76%
- Net Profit Growth %
- -103.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -2.16
- Book Value (₹)
- 45.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -2.10
- Operating Margin %
- 666.46%
- Net Margin %
- -1396.45%
- ROE %
- -3.96%
- ROCE %
- -0.62%
- -2.57%
- Debtor Days
- 401
- Inventory Days
- 0
- Payable Days
- 0
- 401
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- -0.30x
- 0.24x
- Revenue Growth %
- -2.01%
- Operating Profit Growth %
- -31.62%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -1.39
- Book Value (₹)
- 31.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.33
- Operating Margin %
- 576.98%
- Net Margin %
- -726.40%
- ROE %
- -3.59%
- ROCE %
- 0.55%
- -2.01%
- Debtor Days
- 423
- Inventory Days
- 0
- Payable Days
- 0
- 423
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 0.20x
- 0.22x
- Revenue Growth %
- 23.40%
- Operating Profit Growth %
- 5.33%
- Net Profit Growth %
- 35.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.20
- Book Value (₹)
- 31.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.25
- Operating Margin %
- 1268.93%
- Net Margin %
- 141.64%
- ROE %
- 0.63%
- ROCE %
- 3.07%
- 0.32%
- Debtor Days
- 566
- Inventory Days
- 0
- Payable Days
- 0
- 566
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 1.13x
- 0.23x
- Revenue Growth %
- -27.01%
- Operating Profit Growth %
- 60.52%
- Net Profit Growth %
- 114.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -0.82
- Book Value (₹)
- 26.45
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.77
- Operating Margin %
- 361.40%
- Net Margin %
- -662.02%
- ROE %
- -3.10%
- ROCE %
- 0.88%
- -1.58%
- Debtor Days
- 526
- Inventory Days
- 0
- Payable Days
- 0
- 526
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 0.33x
- 0.26x
- Revenue Growth %
- 7.22%
- Operating Profit Growth %
- -69.46%
- Net Profit Growth %
- -601.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.80
- Book Value (₹)
- 23.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.80
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 7.57%
- ROCE %
- 5.67%
- 4.02%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 5.05x
- 0.26x
- Revenue Growth %
- -100.00%
- Operating Profit Growth %
- -230.44%
- Net Profit Growth %
- 342.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.11
- Book Value (₹)
- 23.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.11
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 0.49%
- ROCE %
- 1.02%
- 0.29%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 1.45x
- 0.29x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 116.17%
- Net Profit Growth %
- -93.44%
- -93.90%
- P/E (x)
- 256.64x
- P/B (x)
- 1.21x
- Dividend Yield %
- 0.00%
- 486.13x
Mar 2025
- EPS (₹)
- -0.24
- Book Value (₹)
- 22.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.24
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- -1.02%
- ROCE %
- -0.18%
- -0.59%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- -0.38x
- 0.17x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- -181.43%
- Net Profit Growth %
- -313.97%
- -313.91%
- P/E (x)
- 0.00x
- P/B (x)
- 1.91x
- Dividend Yield %
- 0.00%
- -904.45x
Mar 2026
- EPS (₹)
- 0.03
- Book Value (₹)
- 22.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.03
- Operating Margin %
- -1861.35%
- Net Margin %
- 820.25%
- ROE %
- 0.14%
- ROCE %
- 0.48%
- 0.08%
- Debtor Days
- 325
- Inventory Days
- 0
- Payable Days
- 0
- 325
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 1.21x
- 0.14x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 398.27%
- Net Profit Growth %
- 114.14%
- 113.73%
- P/E (x)
- 630.34x
- P/B (x)
- 0.89x
- Dividend Yield %
- 0.00%
- 185.88x
Documents
Announcements
- Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-17 - Reliance Power Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
- Shareholders meeting
2026-08-14 - Reliance Power Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 14, 2026. Further, the company has informed the Exchange regarding voting results.
Annual Reports
Credit Ratings
- Credit Rating
2025-11-26 - Reliance Power Limited has informed the Exchange about Credit Rating
Concalls
Dec 2025