RattanIndia Power Ltd.
•₹ 7.891.54%
2026-08-21
PROS
- Latest quarter profit grew 403.8% YoY, showing strong momentum
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (182.2% of PBT)
- Recent results are weak - TTM profit is down 52.3% versus prior year
- Company has a low return on equity of -3.2% over last 3 years
- Company has a low return on capital employed of 4.1%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -5.77x)
- Receivables are growing faster than sales - a possible quality concern
* 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. | RTNPOWER | 7.82 | 37.70 | 4199.42 | 0.00 | 458.50 | 3597.33 | 7985.50 | 871.52 | 8.74 | 15.65 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 847 | 796 | 806 | 914 | 932 | 682 | 733 | 936 | 822 | 654 | 728 | 788 | 799 | |
| 693 | 688 | 634 | 718 | 752 | 598 | 652 | 733 | 734 | 611 | 610 | 667 | 831 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 95 | 95 | 90 | 90 | 94 | 98 | 100 | 101 | 108 | 99 | 108 | 76 | 77 |
| Interest | 136 | 165 | 141 | 125 | 121 | 124 | 116 | 118 | 148 | 112 | 110 | 91 | 86 |
| Depreciation | 57 | 59 | 60 | 61 | 61 | 62 | 63 | 61 | 62 | 62 | 63 | 65 | 63 |
| 56 | -20 | 61 | -1,145 | 92 | -3 | 3 | 124 | -15 | -33 | 53 | 41 | 44 | |
| Tax % | 25.47% | -5.28% | 24.47% | 4.43% | 0.00% | -0.00% | 0.00% | 0.00% | -0.00% | -0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | 42 | -22 | 46 | -1,094 | 92 | -3 | 3 | 124 | -15 | -33 | 53 | 41 | 44 |
| 0 | -0 | 0 | -2 | 0 | -0 | 0 | 0 | -0 | -0 | 0 | 0 | 0 | |
| Equity Capital | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 |
| 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 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 |
| 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
- 847
- 693
- Operating Profit
- —
- OPM %
- —
- Other Income
- 95
- Interest
- 136
- Depreciation
- 57
- 56
- Tax %
- 25.47%
- Net Profit
- 42
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 796
- 688
- Operating Profit
- —
- OPM %
- —
- Other Income
- 95
- Interest
- 165
- Depreciation
- 59
- -20
- Tax %
- -5.28%
- Net Profit
- -22
- -0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 806
- 634
- Operating Profit
- —
- OPM %
- —
- Other Income
- 90
- Interest
- 141
- Depreciation
- 60
- 61
- Tax %
- 24.47%
- Net Profit
- 46
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 914
- 718
- Operating Profit
- —
- OPM %
- —
- Other Income
- 90
- Interest
- 125
- Depreciation
- 61
- -1,145
- Tax %
- 4.43%
- Net Profit
- -1,094
- -2
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 932
- 752
- Operating Profit
- —
- OPM %
- —
- Other Income
- 94
- Interest
- 121
- Depreciation
- 61
- 92
- Tax %
- 0.00%
- Net Profit
- 92
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 682
- 598
- Operating Profit
- —
- OPM %
- —
- Other Income
- 98
- Interest
- 124
- Depreciation
- 62
- -3
- Tax %
- -0.00%
- Net Profit
- -3
- -0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 733
- 652
- Operating Profit
- —
- OPM %
- —
- Other Income
- 100
- Interest
- 116
- Depreciation
- 63
- 3
- Tax %
- 0.00%
- Net Profit
- 3
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 936
- 733
- Operating Profit
- —
- OPM %
- —
- Other Income
- 101
- Interest
- 118
- Depreciation
- 61
- 124
- Tax %
- 0.00%
- Net Profit
- 124
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 822
- 734
- Operating Profit
- —
- OPM %
- —
- Other Income
- 108
- Interest
- 148
- Depreciation
- 62
- -15
- Tax %
- -0.00%
- Net Profit
- -15
- -0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 654
- 611
- Operating Profit
- —
- OPM %
- —
- Other Income
- 99
- Interest
- 112
- Depreciation
- 62
- -33
- Tax %
- -0.00%
- Net Profit
- -33
- -0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 728
- 610
- Operating Profit
- —
- OPM %
- —
- Other Income
- 108
- Interest
- 110
- Depreciation
- 63
- 53
- Tax %
- 0.00%
- Net Profit
- 53
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 788
- 667
- Operating Profit
- —
- OPM %
- —
- Other Income
- 76
- Interest
- 91
- Depreciation
- 65
- 41
- Tax %
- 0.00%
- Net Profit
- 41
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 799
- 831
- Operating Profit
- —
- OPM %
- —
- Other Income
- 77
- Interest
- 86
- Depreciation
- 63
- 44
- Tax %
- 0.00%
- Net Profit
- 44
- 0
- Equity Capital
- 5,370
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5,370
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,541 | 1,335 | 2,015 | 1,909 | 1,774 | 1,560 | 3,260 | 3,231 | 3,364 | 3,284 | 2,968 | |
| 1,569 | 600 | 1,415 | 1,236 | 1,181 | 1,188 | 2,452 | 2,472 | 2,732 | 2,736 | 2,719 | |
| Operating Profit | 1,071 | 904 | 824 | 854 | 813 | 988 | 1,161 | 1,109 | 1,002 | 941 | — |
| OPM % | 42 | 68 | 41 | 45 | 46 | 63 | 36 | 34 | 30 | 29 | — |
| Other Income | 99 | 169 | 224 | 180 | 220 | 617 | 353 | 350 | 370 | 393 | 360 |
| Interest | 984 | 1,017 | 997 | 1,075 | 1,354 | 664 | 586 | 534 | 568 | 479 | 399 |
| Depreciation | 195 | 208 | 239 | 233 | 228 | 228 | 227 | 222 | 237 | 247 | 253 |
| -108 | -321 | -411 | -2,792 | 1,899 | 97 | 348 | 353 | -1,048 | 216 | 106 | |
| Tax % | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 6 | 2 | 0 | 0 |
| Net Profit | -108 | -321 | -418 | -2,792 | 1,899 | 97 | 348 | 333 | -1,028 | 216 | 106 |
| EPS | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -2 | 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 | -1 | -1 | -9 | 4 | 0 | 1 | 1 | -2 | 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 | -1 | -1 | -9 | 4 | 0 | 1 | 1 | -2 | 0 | — |
Mar 2016
- 2,541
- 1,569
- Operating Profit
- 1,071
- OPM %
- 42
- Other Income
- 99
- Interest
- 984
- Depreciation
- 195
- -108
- Tax %
- 0
- Net Profit
- -108
- 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 2017
- 1,335
- 600
- Operating Profit
- 904
- OPM %
- 68
- Other Income
- 169
- Interest
- 1,017
- Depreciation
- 208
- -321
- Tax %
- 0
- Net Profit
- -321
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2018
- 2,015
- 1,415
- Operating Profit
- 824
- OPM %
- 41
- Other Income
- 224
- Interest
- 997
- Depreciation
- 239
- -411
- Tax %
- -2
- Net Profit
- -418
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2019
- 1,909
- 1,236
- Operating Profit
- 854
- OPM %
- 45
- Other Income
- 180
- Interest
- 1,075
- Depreciation
- 233
- -2,792
- Tax %
- 0
- Net Profit
- -2,792
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -9
Mar 2020
- 1,774
- 1,181
- Operating Profit
- 813
- OPM %
- 46
- Other Income
- 220
- Interest
- 1,354
- Depreciation
- 228
- 1,899
- Tax %
- 0
- Net Profit
- 1,899
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 1,560
- 1,188
- Operating Profit
- 988
- OPM %
- 63
- Other Income
- 617
- Interest
- 664
- Depreciation
- 228
- 97
- Tax %
- 0
- Net Profit
- 97
- 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
- 3,260
- 2,452
- Operating Profit
- 1,161
- OPM %
- 36
- Other Income
- 353
- Interest
- 586
- Depreciation
- 227
- 348
- Tax %
- 0
- Net Profit
- 348
- 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
- 3,231
- 2,472
- Operating Profit
- 1,109
- OPM %
- 34
- Other Income
- 350
- Interest
- 534
- Depreciation
- 222
- 353
- Tax %
- 6
- Net Profit
- 333
- 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 2024
- 3,364
- 2,732
- Operating Profit
- 1,002
- OPM %
- 30
- Other Income
- 370
- Interest
- 568
- Depreciation
- 237
- -1,048
- Tax %
- 2
- Net Profit
- -1,028
- 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 2025
- 3,284
- 2,736
- Operating Profit
- 941
- OPM %
- 29
- Other Income
- 393
- Interest
- 479
- Depreciation
- 247
- 216
- Tax %
- 0
- Net Profit
- 216
- 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
- 2,968
- 2,719
- Operating Profit
- —
- OPM %
- —
- Other Income
- 360
- Interest
- 399
- Depreciation
- 253
- 106
- Tax %
- 0
- Net Profit
- 106
- 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:
- 18%
- 5 Years:
- 13%
- 3 Years:
- 0%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- -35%
- 3 Years:
- -15%
STOCK PRICE CAGR
- 10 Years:
- -2%
- 5 Years:
- 8%
- 3 Years:
- 18%
- 1 Year:
- -38%
RETURN ON EQUITY
- 10 Years:
- -5%
- 5 Years:
- 0%
- 3 Years:
- -3%
- Last Year:
- 5%
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 | 2,953 | 2,953 | 2,953 | 2,953 | 4,940 | 5,370 | 5,370 | 5,370 | 5,370 | 5,370 |
| 2,325 | 2,004 | 1,654 | -1,135 | -190 | -441 | -94 | 238 | -790 | -575 | |
| 1,484 | 2,641 | 3,111 | 2,964 | 973 | 500 | 1,246 | 1,295 | 424 | 281 | |
| Trade Payables | 244 | 12 | 45 | 14 | 11 | 27 | 87 | 129 | 157 | 173 |
| 7,137 | 6,559 | 6,685 | 7,120 | 6,091 | 5,855 | 4,610 | 4,096 | 4,621 | 4,757 | |
| Total Liabilities | 14,143 | 14,169 | 14,449 | 11,916 | 11,825 | 11,310 | 11,220 | 11,128 | 9,782 | 10,006 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 7,372 | 7,415 | 7,424 | 7,193 | 6,968 | 6,741 | 6,533 | 6,384 | 6,381 | 6,216 | |
| Capital Work in Progress | 715 | 737 | 650 | 646 | 99 | 99 | 109 | 77 | 67 | 65 |
| 3,141 | 3,372 | 3,529 | 1,760 | 1,831 | 1,227 | 1,263 | 1,241 | 0 | 0 | |
| 263 | 71 | 142 | 432 | 644 | 268 | 127 | 127 | 238 | 263 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,064 | 2,435 | |
| Cash & Bank | 19 | 82 | 158 | 35 | 114 | 241 | 263 | 232 | 462 | 362 |
| 2,633 | 2,491 | 2,546 | 1,849 | 2,169 | 2,733 | 2,924 | 3,067 | 569 | 663 | |
| Total Assets | 14,143 | 14,169 | 14,449 | 11,916 | 11,825 | 11,310 | 11,220 | 11,128 | 9,782 | 10,006 |
| Total Debt | 7,778 | 8,030 | 7,761 | 6,979 | 5,491 | 4,943 | 4,384 | 3,859 | 3,547 | 3,543 |
| Net Working Capital | -1,194 | -1,792 | -2,438 | -2,859 | 1,613 | 2,000 | 1,227 | 1,076 | 1,607 | 2,143 |
| Contingent Liabilities | 60 | 399 | 60 | 60 | 60 | 583 | 637 | 1,240 | 1,226 | 1,227 |
| Book Value per Share | 17.87 | 16.79 | 15.60 | 6.16 | 9.62 | 9.18 | 9.83 | 10.44 | 8.53 | 8.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 7,778 | 8,030 | 7,761 | 6,979 | 5,491 | 4,943 | 4,384 | 3,859 | 3,547 | 3,543 |
| Net Working Capital | -1,194 | -1,792 | -2,438 | -2,859 | 1,613 | 2,000 | 1,227 | 1,076 | 1,607 | 2,143 |
| Contingent Liabilities | 60 | 399 | 60 | 60 | 60 | 583 | 637 | 1,240 | 1,226 | 1,227 |
| Book Value per Share | 17.87 | 16.79 | 15.60 | 6.16 | 9.62 | 9.18 | 9.83 | 10.44 | 8.53 | 8.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 2,953
- 2,325
- 1,484
- Trade Payables
- 244
- 7,137
- Total Liabilities
- 14,143
- 7,372
- Capital Work in Progress
- 715
- 3,141
- 263
- 0
- Cash & Bank
- 19
- 2,633
- Total Assets
- 14,143
- Total Debt
- 7,778
- Net Working Capital
- -1,194
- Contingent Liabilities
- 60
- Book Value per Share
- 17.87
- Face Value
- 10.00
- Total Debt
- 7,778
- Net Working Capital
- -1,194
- Contingent Liabilities
- 60
- Book Value per Share
- 17.87
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 2,953
- 2,004
- 2,641
- Trade Payables
- 12
- 6,559
- Total Liabilities
- 14,169
- 7,415
- Capital Work in Progress
- 737
- 3,372
- 71
- 0
- Cash & Bank
- 82
- 2,491
- Total Assets
- 14,169
- Total Debt
- 8,030
- Net Working Capital
- -1,792
- Contingent Liabilities
- 399
- Book Value per Share
- 16.79
- Face Value
- 10.00
- Total Debt
- 8,030
- Net Working Capital
- -1,792
- Contingent Liabilities
- 399
- Book Value per Share
- 16.79
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 2,953
- 1,654
- 3,111
- Trade Payables
- 45
- 6,685
- Total Liabilities
- 14,449
- 7,424
- Capital Work in Progress
- 650
- 3,529
- 142
- 0
- Cash & Bank
- 158
- 2,546
- Total Assets
- 14,449
- Total Debt
- 7,761
- Net Working Capital
- -2,438
- Contingent Liabilities
- 60
- Book Value per Share
- 15.60
- Face Value
- 10.00
- Total Debt
- 7,761
- Net Working Capital
- -2,438
- Contingent Liabilities
- 60
- Book Value per Share
- 15.60
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 2,953
- -1,135
- 2,964
- Trade Payables
- 14
- 7,120
- Total Liabilities
- 11,916
- 7,193
- Capital Work in Progress
- 646
- 1,760
- 432
- 0
- Cash & Bank
- 35
- 1,849
- Total Assets
- 11,916
- Total Debt
- 6,979
- Net Working Capital
- -2,859
- Contingent Liabilities
- 60
- Book Value per Share
- 6.16
- Face Value
- 10.00
- Total Debt
- 6,979
- Net Working Capital
- -2,859
- Contingent Liabilities
- 60
- Book Value per Share
- 6.16
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 4,940
- -190
- 973
- Trade Payables
- 11
- 6,091
- Total Liabilities
- 11,825
- 6,968
- Capital Work in Progress
- 99
- 1,831
- 644
- 0
- Cash & Bank
- 114
- 2,169
- Total Assets
- 11,825
- Total Debt
- 5,491
- Net Working Capital
- 1,613
- Contingent Liabilities
- 60
- Book Value per Share
- 9.62
- Face Value
- 10.00
- Total Debt
- 5,491
- Net Working Capital
- 1,613
- Contingent Liabilities
- 60
- Book Value per Share
- 9.62
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 5,370
- -441
- 500
- Trade Payables
- 27
- 5,855
- Total Liabilities
- 11,310
- 6,741
- Capital Work in Progress
- 99
- 1,227
- 268
- 0
- Cash & Bank
- 241
- 2,733
- Total Assets
- 11,310
- Total Debt
- 4,943
- Net Working Capital
- 2,000
- Contingent Liabilities
- 583
- Book Value per Share
- 9.18
- Face Value
- 10.00
- Total Debt
- 4,943
- Net Working Capital
- 2,000
- Contingent Liabilities
- 583
- Book Value per Share
- 9.18
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 5,370
- -94
- 1,246
- Trade Payables
- 87
- 4,610
- Total Liabilities
- 11,220
- 6,533
- Capital Work in Progress
- 109
- 1,263
- 127
- 0
- Cash & Bank
- 263
- 2,924
- Total Assets
- 11,220
- Total Debt
- 4,384
- Net Working Capital
- 1,227
- Contingent Liabilities
- 637
- Book Value per Share
- 9.83
- Face Value
- 10.00
- Total Debt
- 4,384
- Net Working Capital
- 1,227
- Contingent Liabilities
- 637
- Book Value per Share
- 9.83
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 5,370
- 238
- 1,295
- Trade Payables
- 129
- 4,096
- Total Liabilities
- 11,128
- 6,384
- Capital Work in Progress
- 77
- 1,241
- 127
- 0
- Cash & Bank
- 232
- 3,067
- Total Assets
- 11,128
- Total Debt
- 3,859
- Net Working Capital
- 1,076
- Contingent Liabilities
- 1,240
- Book Value per Share
- 10.44
- Face Value
- 10.00
- Total Debt
- 3,859
- Net Working Capital
- 1,076
- Contingent Liabilities
- 1,240
- Book Value per Share
- 10.44
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 5,370
- -790
- 424
- Trade Payables
- 157
- 4,621
- Total Liabilities
- 9,782
- 6,381
- Capital Work in Progress
- 67
- 0
- 238
- 2,064
- Cash & Bank
- 462
- 569
- Total Assets
- 9,782
- Total Debt
- 3,547
- Net Working Capital
- 1,607
- Contingent Liabilities
- 1,226
- Book Value per Share
- 8.53
- Face Value
- 10.00
- Total Debt
- 3,547
- Net Working Capital
- 1,607
- Contingent Liabilities
- 1,226
- Book Value per Share
- 8.53
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 5,370
- -575
- 281
- Trade Payables
- 173
- 4,757
- Total Liabilities
- 10,006
- 6,216
- Capital Work in Progress
- 65
- 0
- 263
- 2,435
- Cash & Bank
- 362
- 663
- Total Assets
- 10,006
- Total Debt
- 3,543
- Net Working Capital
- 2,143
- Contingent Liabilities
- 1,227
- Book Value per Share
- 8.93
- Face Value
- 10.00
- Total Debt
- 3,543
- Net Working Capital
- 2,143
- Contingent Liabilities
- 1,227
- Book Value per Share
- 8.93
- Face Value
- 10.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 271 | 1,220 | 320 | 854 | 616 | 700 | 940 | 1,024 | 1,333 | 410 | |
| Cash from Investing | -553 | -470 | 244 | -148 | -101 | 144 | 59 | -16 | -465 | 87 |
| Cash from Financing | 104 | -701 | -502 | -812 | -472 | -795 | -963 | -978 | -926 | -440 |
| -178 | 50 | 62 | -107 | 42 | 49 | 36 | 30 | -58 | 57 | |
| Free Cash Flow | -120 | 946 | 161 | 854 | 616 | 700 | 896 | 983 | 1,126 | 346 |
| OCF / Net Profit | -2.51 | -3.81 | -0.77 | -0.31 | 0.32 | 7.24 | 2.70 | 3.08 | -1.30 | 1.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,456 | 3,276 | 3,226 | 4,048 | 4,320 | 4,051 |
| OCF / Net Profit | -2.51 | -3.81 | -0.77 | -0.31 | 0.32 | 7.24 | 2.70 | 3.08 | -1.30 | 1.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,456 | 3,276 | 3,226 | 4,048 | 4,320 | 4,051 |
Mar 2016
- 271
- Cash from Investing
- -553
- Cash from Financing
- 104
- -178
- Free Cash Flow
- -120
- OCF / Net Profit
- -2.51
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.51
- Cumulative 5-Year FCF
- 0
Mar 2017
- 1,220
- Cash from Investing
- -470
- Cash from Financing
- -701
- 50
- Free Cash Flow
- 946
- OCF / Net Profit
- -3.81
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.81
- Cumulative 5-Year FCF
- 0
Mar 2018
- 320
- Cash from Investing
- 244
- Cash from Financing
- -502
- 62
- Free Cash Flow
- 161
- OCF / Net Profit
- -0.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.77
- Cumulative 5-Year FCF
- 0
Mar 2019
- 854
- Cash from Investing
- -148
- Cash from Financing
- -812
- -107
- Free Cash Flow
- 854
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 0
Mar 2020
- 616
- Cash from Investing
- -101
- Cash from Financing
- -472
- 42
- Free Cash Flow
- 616
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 2,456
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 2,456
Mar 2021
- 700
- Cash from Investing
- 144
- Cash from Financing
- -795
- 49
- Free Cash Flow
- 700
- OCF / Net Profit
- 7.24
- Cumulative 5-Year FCF
- 3,276
- OCF / Net Profit
- 7.24
- Cumulative 5-Year FCF
- 3,276
Mar 2022
- 940
- Cash from Investing
- 59
- Cash from Financing
- -963
- 36
- Free Cash Flow
- 896
- OCF / Net Profit
- 2.70
- Cumulative 5-Year FCF
- 3,226
- OCF / Net Profit
- 2.70
- Cumulative 5-Year FCF
- 3,226
Mar 2023
- 1,024
- Cash from Investing
- -16
- Cash from Financing
- -978
- 30
- Free Cash Flow
- 983
- OCF / Net Profit
- 3.08
- Cumulative 5-Year FCF
- 4,048
- OCF / Net Profit
- 3.08
- Cumulative 5-Year FCF
- 4,048
Mar 2024
- 1,333
- Cash from Investing
- -465
- Cash from Financing
- -926
- -58
- Free Cash Flow
- 1,126
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- 4,320
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- 4,320
Mar 2025
- 410
- Cash from Investing
- 87
- Cash from Financing
- -440
- 57
- Free Cash Flow
- 346
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 4,051
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 4,051
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 (₹) | -0.37 | -1.09 | -1.42 | -9.45 | 3.84 | 0.18 | 0.65 | 0.62 | -1.91 | 0.40 |
| Book Value (₹) | 17.87 | 16.79 | 15.60 | 6.16 | 9.62 | 9.18 | 9.83 | 10.44 | 8.53 | 8.93 |
| 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 | -0.38 | -0.61 | -8.66 | 4.30 | 0.60 | 1.07 | 1.03 | -1.47 | 0.86 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 42.13% | 67.75% | 40.90% | 44.71% | 45.82% | 63.35% | 35.61% | 34.32% | 18.78% | 16.69% |
| Net Margin % | -4.26% | -24.02% | -20.76% | -146.21% | 107.04% | 6.20% | 10.68% | 10.30% | -30.56% | 6.58% |
| ROE % | -2.04% | -6.26% | -8.75% | -86.90% | 57.82% | 2.00% | 6.82% | 6.11% | -20.18% | 4.61% |
| ROCE % | 7.01% | 5.35% | 4.62% | -16.22% | 34.17% | 7.56% | 9.56% | 9.27% | -5.46% | 8.44% |
| -0.80% | -2.26% | -2.92% | -21.18% | 16.00% | 0.84% | 3.09% | 2.98% | -9.83% | 2.18% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 76 | 225 | 192 | 245 | 285 | 408 | 250 | 282 | 247 | 250 |
| Inventory Days | 24 | 46 | 19 | 55 | 111 | 107 | 22 | 14 | 20 | 28 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 101 | 271 | 211 | 300 | 396 | 515 | 272 | 297 | 267 | 278 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.47x | 1.62x | 1.68x | 3.84x | 1.16x | 1.00x | 0.83x | 0.69x | 0.77x | 0.74x |
| Interest Coverage (x) | 0.89x | 0.68x | 0.59x | -1.60x | 2.40x | 1.15x | 1.59x | 1.66x | -0.85x | 1.45x |
| 0.58x | 0.46x | 0.46x | 0.44x | 2.19x | 3.13x | 1.66x | 1.53x | 2.28x | 2.95x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 311.63% | -47.48% | 51.02% | -5.27% | -7.09% | -12.07% | 108.96% | -0.87% | 4.11% | -2.38% |
| Operating Profit Growth % | 636.76% | -15.54% | -8.83% | 3.56% | -4.77% | 21.58% | 17.46% | -4.47% | -9.65% | -6.03% |
| Net Profit Growth % | 68.15% | -196.09% | -30.53% | -567.23% | 168.02% | -94.91% | 260.00% | -4.45% | -409.00% | 121.01% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -409.02% | 121.01% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 24.37x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.97x | 1.10x |
| 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 | 0.00x | 7.52x | 8.97x |
Mar 2016
- EPS (₹)
- -0.37
- Book Value (₹)
- 17.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.29
- Operating Margin %
- 42.13%
- Net Margin %
- -4.26%
- ROE %
- -2.04%
- ROCE %
- 7.01%
- -0.80%
- Debtor Days
- 76
- Inventory Days
- 24
- Payable Days
- 0
- 101
- Debt to Equity (x)
- 1.47x
- Interest Coverage (x)
- 0.89x
- 0.58x
- Revenue Growth %
- 311.63%
- Operating Profit Growth %
- 636.76%
- Net Profit Growth %
- 68.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -1.09
- Book Value (₹)
- 16.79
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.38
- Operating Margin %
- 67.75%
- Net Margin %
- -24.02%
- ROE %
- -6.26%
- ROCE %
- 5.35%
- -2.26%
- Debtor Days
- 225
- Inventory Days
- 46
- Payable Days
- 0
- 271
- Debt to Equity (x)
- 1.62x
- Interest Coverage (x)
- 0.68x
- 0.46x
- Revenue Growth %
- -47.48%
- Operating Profit Growth %
- -15.54%
- Net Profit Growth %
- -196.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -1.42
- Book Value (₹)
- 15.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.61
- Operating Margin %
- 40.90%
- Net Margin %
- -20.76%
- ROE %
- -8.75%
- ROCE %
- 4.62%
- -2.92%
- Debtor Days
- 192
- Inventory Days
- 19
- Payable Days
- 0
- 211
- Debt to Equity (x)
- 1.68x
- Interest Coverage (x)
- 0.59x
- 0.46x
- Revenue Growth %
- 51.02%
- Operating Profit Growth %
- -8.83%
- Net Profit Growth %
- -30.53%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -9.45
- Book Value (₹)
- 6.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -8.66
- Operating Margin %
- 44.71%
- Net Margin %
- -146.21%
- ROE %
- -86.90%
- ROCE %
- -16.22%
- -21.18%
- Debtor Days
- 245
- Inventory Days
- 55
- Payable Days
- 0
- 300
- Debt to Equity (x)
- 3.84x
- Interest Coverage (x)
- -1.60x
- 0.44x
- Revenue Growth %
- -5.27%
- Operating Profit Growth %
- 3.56%
- Net Profit Growth %
- -567.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.84
- Book Value (₹)
- 9.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.30
- Operating Margin %
- 45.82%
- Net Margin %
- 107.04%
- ROE %
- 57.82%
- ROCE %
- 34.17%
- 16.00%
- Debtor Days
- 285
- Inventory Days
- 111
- Payable Days
- 0
- 396
- Debt to Equity (x)
- 1.16x
- Interest Coverage (x)
- 2.40x
- 2.19x
- Revenue Growth %
- -7.09%
- Operating Profit Growth %
- -4.77%
- Net Profit Growth %
- 168.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.18
- Book Value (₹)
- 9.18
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.60
- Operating Margin %
- 63.35%
- Net Margin %
- 6.20%
- ROE %
- 2.00%
- ROCE %
- 7.56%
- 0.84%
- Debtor Days
- 408
- Inventory Days
- 107
- Payable Days
- 0
- 515
- Debt to Equity (x)
- 1.00x
- Interest Coverage (x)
- 1.15x
- 3.13x
- Revenue Growth %
- -12.07%
- Operating Profit Growth %
- 21.58%
- Net Profit Growth %
- -94.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.65
- Book Value (₹)
- 9.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.07
- Operating Margin %
- 35.61%
- Net Margin %
- 10.68%
- ROE %
- 6.82%
- ROCE %
- 9.56%
- 3.09%
- Debtor Days
- 250
- Inventory Days
- 22
- Payable Days
- 0
- 272
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 1.59x
- 1.66x
- Revenue Growth %
- 108.96%
- Operating Profit Growth %
- 17.46%
- Net Profit Growth %
- 260.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.62
- Book Value (₹)
- 10.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.03
- Operating Margin %
- 34.32%
- Net Margin %
- 10.30%
- ROE %
- 6.11%
- ROCE %
- 9.27%
- 2.98%
- Debtor Days
- 282
- Inventory Days
- 14
- Payable Days
- 0
- 297
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 1.66x
- 1.53x
- Revenue Growth %
- -0.87%
- Operating Profit Growth %
- -4.47%
- Net Profit Growth %
- -4.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -1.91
- Book Value (₹)
- 8.53
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.47
- Operating Margin %
- 18.78%
- Net Margin %
- -30.56%
- ROE %
- -20.18%
- ROCE %
- -5.46%
- -9.83%
- Debtor Days
- 247
- Inventory Days
- 20
- Payable Days
- 0
- 267
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- -0.85x
- 2.28x
- Revenue Growth %
- 4.11%
- Operating Profit Growth %
- -9.65%
- Net Profit Growth %
- -409.00%
- -409.02%
- P/E (x)
- 0.00x
- P/B (x)
- 0.97x
- Dividend Yield %
- 0.00%
- 7.52x
Mar 2025
- EPS (₹)
- 0.40
- Book Value (₹)
- 8.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.86
- Operating Margin %
- 16.69%
- Net Margin %
- 6.58%
- ROE %
- 4.61%
- ROCE %
- 8.44%
- 2.18%
- Debtor Days
- 250
- Inventory Days
- 28
- Payable Days
- 0
- 278
- Debt to Equity (x)
- 0.74x
- Interest Coverage (x)
- 1.45x
- 2.95x
- Revenue Growth %
- -2.38%
- Operating Profit Growth %
- -6.03%
- Net Profit Growth %
- 121.01%
- 121.01%
- P/E (x)
- 24.37x
- P/B (x)
- 1.10x
- Dividend Yield %
- 0.00%
- 8.97x
Documents
Announcements
- Credit Rating
2026-08-10 - RattanIndia Power Limited has informed the Exchange about Credit Rating
- General Updates
2026-07-27 - RattanIndia Power Limited has informed the Exchange about release of Non Disposal Undertaking (NDU) on the shares of the Company.
Annual Reports
Credit Ratings
- Credit Rating
2026-08-10 - RattanIndia Power Limited has informed the Exchange about Credit Rating
Concalls
Jun 2026
Jan 2025
Jun 2024