Reliance Power Ltd
Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development. [1]
- Market Cap ₹ 14,281 Cr.
- Current Price ₹ 34.5
- High / Low ₹ 76.5 / 31.3
- Stock P/E
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE -0.18 %
- ROE -0.99 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -1.94% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Utilities Power Power Power Generation
Part of Nifty 500 BSE SmallCap Nifty Energy Nifty Smallcap 100 Nifty Alpha 50
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 92 | 136 | 56 | 48 | 44 | 43 | 54 | 39 | 40 | 28 | -1 | 0 | 2 | |
| 126 | 131 | 103 | 98 | 67 | -961 | 31 | 26 | 31 | 327 | 76 | 127 | 136 | |
| Operating Profit | -34 | 5 | -46 | -50 | -22 | 1,005 | 23 | 13 | 9 | -299 | -77 | -127 | -135 |
| OPM % | -38% | 4% | -83% | -105% | -51% | 2,316% | 43% | 33% | 23% | -1,074% | -8,743% | ||
| 226 | 233 | 1,526 | 429 | 450 | -1,125 | 91 | 483 | 142 | 1,158 | 225 | 101 | 103 | |
| Interest | 115 | 190 | 163 | 290 | 407 | 477 | 487 | 424 | 406 | 189 | 98 | 68 | 63 |
| Depreciation | 16 | 20 | 18 | 17 | 15 | 17 | 16 | 16 | 16 | 16 | 0 | 0 | 0 |
| Profit before tax | 61 | 28 | 1,299 | 71 | 5 | -614 | -389 | 55 | -270 | 655 | 49 | -94 | -94 |
| Tax % | 8% | 11% | 0% | 10% | 59% | -2% | 0% | 0% | 3% | 0% | 0% | 0% | |
| 56 | 25 | 1,298 | 64 | 2 | -602 | -389 | 55 | -277 | 655 | 49 | -94 | -94 | |
| EPS in Rs | 0.20 | 0.09 | 4.63 | 0.23 | 0.01 | -2.14 | -1.39 | 0.20 | -0.82 | 1.75 | 0.12 | -0.23 | -0.24 |
| Dividend Payout % | 0% | 0% | 22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 18% |
| TTM: | -81% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 55% |
| 3 Years: | 30% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -2% |
| 3 Years: | -2% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,797 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 2,805 | 3,400 | 3,735 | 4,017 | 4,017 | 4,136 |
| Reserves | 14,030 | 14,176 | 14,060 | 13,997 | 14,959 | 10,051 | 6,002 | 6,082 | 5,777 | 5,130 | 5,380 | 5,689 | 5,626 |
| 3,764 | 4,496 | 4,902 | 7,267 | 7,912 | 7,540 | 6,869 | 6,734 | 6,176 | 5,392 | 4,200 | 6,258 | 6,093 | |
| 145 | 117 | 305 | 343 | 350 | 774 | 1,761 | 1,948 | 2,130 | 1,706 | 1,210 | 1,161 | 1,172 | |
| Total Liabilities | 20,736 | 21,594 | 22,071 | 24,413 | 26,026 | 21,170 | 17,437 | 17,568 | 17,483 | 15,964 | 14,807 | 17,125 | 17,027 |
| 408 | 322 | 333 | 314 | 299 | 288 | 279 | 261 | 247 | 236 | 0 | 5 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 16,540 | 18,883 | 17,589 | 19,721 | 20,815 | 17,744 | 14,084 | 14,108 | 13,898 | 12,601 | 13,153 | 16,238 | 16,238 |
| 3,787 | 2,389 | 4,149 | 4,378 | 4,911 | 3,138 | 3,073 | 3,199 | 3,337 | 3,127 | 1,653 | 882 | 784 | |
| Total Assets | 20,736 | 21,594 | 22,071 | 24,413 | 26,026 | 21,170 | 17,437 | 17,568 | 17,483 | 15,964 | 14,807 | 17,125 | 17,027 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -18 | -54 | -28 | -62 | 50 | -205 | 307 | 50 | 36 | -10 | 43 | -21 | |
| -1,553 | -1,067 | 286 | -2,305 | 108 | -226 | -267 | -7 | 8 | -2 | -11 | -2,511 | |
| 1,556 | 597 | -47 | 2,164 | 297 | -37 | -46 | -42 | -43 | 11 | -22 | 2,521 | |
| Net Cash Flow | -15 | -524 | 211 | -203 | 455 | -468 | -6 | 0 | 1 | -1 | 11 | -10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 144 | 139 | 169 | 266 | 531 | 416 | 563 | 551 | 785 | 0 | |
| Inventory Days | 0 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 19 | 144 | 139 | 169 | 266 | 531 | 416 | 563 | 551 | 785 | 0 | |
| Working Capital Days | -7,612 | -5,724 | -8,548 | -27,947 | -35,842 | -48,901 | -42,061 | -56,726 | -51,933 | -65,348 | -1,315,785 | |
| ROCE % | 1% | 1% | 3% | 2% | 2% | 1% | 2% | 3% | 1% | -1% | 0% | -0% |
Documents
Announcements
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Disclosure Under Regulation 31A Of The SEBI (LODR) Regulations, 2015
8 Dec - BSE and NSE approved Reliance Capital's reclassification from promoter to public on Dec 08, 2025 (IBC resolution plan).
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Presentation To Shareholders And Investors
8 Dec - Reliance Power investor/shareholder presentation dated December 7, 2025 uploaded and filed with exchanges.
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Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
6 Dec - Dec 6, 2025: ED filed supplementary prosecution complaint against Reliance Power and subsidiaries in SECI bank-guarantee fraud probe.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 Dec - ED attached Rs10,117 crore assets; Reliance Power says most involve Reliance Communications; its assets Rs397.46 crore.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
3 Dec - H1 update: standalone bank-debt-free; major SECI/SJVN/Bhutan solar+BESS awards; FCCBs up to USD600m.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Concalls
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Dec 2025TranscriptAI SummaryPPT
Capacity
The company’s generation capacity stands at 5,945 MW, including 5,760 MW of thermal capacity and 185 MW of renewable energy-based capacity. [1]