Reliance Power Limited
₹17.89-₹1.06 (-5.6%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹13,822 Cr
- EV / EBITDA
- 119.5x
- Revenue
- ₹0 Cr
- Net margin
- -4900.0%
- ROCE
- -0.6%
Price chart
Technical chartScreen technicals →-61.6% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -9.4%
- 3M
- -23.4%
- 6M
- -37.6%
- 1Y
- -61.6%
- 5Y
- +24.9%
52-week range
Day change -₹1.06 (-5.6%) from ₹19 to ₹18 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in RPOWER, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong operating cash conversion — CFO/PAT ratio of 0.88
Concerns1
- Low return on equity of 0.5%
Rule-based from financial data. Not advice.
About the company
Reliance Power Limited, together with its subsidiaries, engages in the development, construction, and operation of power projects in India and internationally. Its portfolio of power projects is based on coal, gas, hydro, wind, and solar energy.
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Reliance Power Limited, together with its subsidiaries, engages in the development, construction, and operation of power projects in India and internationally. Its portfolio of power projects is based on coal, gas, hydro, wind, and solar energy. The company owns and operates Sasan ultra mega power project, a coal-based power plant with a capacity of 3,960 megawatts; Rosa coal-based power project, with a capacity of 1,200; Butibori power project, a coal-based thermal plant with a capacity of 600 megawatts; Dhursar solar photovoltaic power project with a capacity of 40 megawatts; a concentrated solar power project with a capacity of 100 megawatts; and Ultra Mega power project, a coal-based power plant with a capacity of 3,960 megawatts. It also engages in the development of coal mines in India, including The Moher and Moher Amlohri Extension coal block, as well as the operation of a coal mine concessions in Indonesia. Reliance Power Limited was incorporated in 1995 and is based in Mumbai, India.
- Sector
- Energy
- Shares outstanding
- 413 Cr shares
- ISIN
- INE614G01033
- BSE code
- 532939
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹13,822 Cr
- P/B
- 1.4x
- EV / EBITDA
- 119.5x
- EV / Sales
- -17691.4x
- P/S
- -13822.0x
- 52-week high
- ₹46.55
- 52-week low
- ₹16.45
Profitability
- Operating margin
- 7700.0%
- Net margin
- -4900.0%
- EBITDA margin
- -14800.0%
- ROE
- 0.5%
- ROCE
- -0.6%
- ROA
- 0.3%
- Dividend payout
- 0.0%
- Tax rate
- 0.0%
- Other income, % of PBT
- 459.2%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -100.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹148 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -82.8%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -291.8%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹43.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -530.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹10.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -7.2%
Solvency and efficiency
- Current ratio
- 12.24
- Debt / Equity
- 0.45
- Debt / Assets
- 0.28
- Debt / EBITDA
- 28.38
- Financial leverage
- 1.58
- CFO / Net profit
- 0.88
- Cash / Market cap
- 12.0%
- Cash per share
- ₹4.01
- Asset turnover
- -0.00
- Debtor days
- 0 days
- Cash conversion cycle
- 0 days
Revenue and net profit
Revenue fell 100.0% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹39 Cr | ₹55 Cr |
| FY2022 | ₹40 Cr | -₹277 Cr |
| FY2023 | ₹28 Cr | ₹655 Cr |
| FY2024 | -₹1 Cr | ₹49 Cr |
| FY2025 | ₹0 Cr | -₹94 Cr |
Cash flows
FY2025: -₹21.0 Cr from operations, -₹2,532 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹50 Cr | ₹43 Cr |
| FY2022 | ₹36 Cr | ₹44 Cr |
| FY2023 | -₹10 Cr | -₹12 Cr |
| FY2024 | ₹43 Cr | ₹32 Cr |
| FY2025 | -₹21 Cr | -₹2,532 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹0 Cr
- Net profit
- -₹94 Cr-291.8%1Y
- Cash from operations
- -₹21 Cr
- Free cash flow
- -₹2,532 Cr-8,012.5%1Y
- EBITDA CAGR, 5Y
- 5.4%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹0 Cr | -₹127 Cr | — | -₹94 Cr | -₹21 Cr | -₹2,532 Cr | -1.0% | -100.0% | -291.8% |
Monthly returns
Month-by-month returns of RPOWER across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹17,125 Cr |
| Equity capital | ₹4,017 Cr |
| Reserves | ₹5,689 Cr |
| Borrowings | ₹6,258 Cr |
| Other liabilities | ₹1,161 Cr |
| Assets | ₹17,125 Cr |
| Fixed assets | ₹5 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹16,238 Cr |
| Other assets | ₹882 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
RPOWER has no positive P/E; the peer median is 24.8x.
Not shown (no positive earnings and no EV / Sales): Reliance Power Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Reliance Power LimitedRPOWERthis company | ₹13,822 Cr | — | 1.4x | 0.5% | 119.5x |
| Gujarat State Petronet Ltd.GUJARAT | ₹16,858 Cr | 23.0x | 1.5x | 12.5% | 9.0x |
| Kirloskar Oil Engines LimitedKIRLOSENG | ₹16,727 Cr | 38.5x | 5.3x | 13.8% | 28.2x |
| NAVA LIMITEDNAVA | ₹15,907 Cr | 35.6x | 4.3x | 6.0% | 47.1x |
| Emmvee Photovoltaic Power LimitedEMMVEE | ₹14,711 Cr | 129.0x | — | 33.3% | 76.5x |
| ACME Solar Holdings LimitedACMESOLAR | ₹13,620 Cr | 634.0x | 2.9x | 15.5% | 21.5x |
| Chennai Petroleum Corporation Ltd.CHENNPETRO | ₹12,244 Cr | 10.8x | 1.4x | 31.5% | 2.9x |
| Jaiprakash Power Ventures LimitedJPPOWER | ₹11,397 Cr | 15.4x | 0.9x | 6.0% | 8.2x |
| Sandur Manganese & Iron Ores Ltd.SANDUMA | ₹11,074 Cr | 21.9x | 4.0x | 11.0% | 27.3x |
| Peer median | — | 24.8x | 3.1x | 12.8% | 15.7x |
Year-to-date ROI
RPOWER since 1 January, against earlier years.
Historical volatility
RPOWER's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 33.0% |
| FY2022 | 23.0% |
| FY2023 | -1074.0% |
| FY2024 | — |
| FY2025 | — |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹0 Cr |
| Costs | |
| Interest | ₹68 Cr |
| Expenses | ₹127 Cr |
| Operating profitOperating Profit | -₹127 Cr |
| Other income and charges | |
| Profit before tax | -₹94 Cr |
| Tax | |
| Net profitNet Profit | -₹94 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹17,125 Cr |
| Equity capitalEquity Capital | ₹4,017 Cr |
| Reserves | ₹5,689 Cr |
| Borrowings | ₹6,258 Cr |
| Other liabilitiesOther Liabilities | ₹1,161 Cr |
| AssetsTotal Assets | ₹17,125 Cr |
| Fixed assetsFixed Assets | ₹5 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹16,238 Cr |
| Other assetsOther Assets | ₹882 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹21 Cr |
| Investing cash flowCash from Investing Activity | -₹2,511 Cr |
| Financing cash flowCash from Financing Activity | ₹2,521 Cr |
| Change in cashNet Cash Flow | -₹10 Cr |
Learn while you research
Academy chapters picked for Reliance Power Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read