RattanIndia Power Ltd

₹ 9.85 -1.99%

21 Feb - close price

rattanindiapower.com BSE: 533122 NSE: RTNPOWER

About

RattanIndia Power Limited is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India. ^[1]

Key Points

Company History
The Co. was incorporated in the year 2007 as Sophia Power Company Limited, originally as a part of Indiabulls group. The company changed its name to Indiabulls Power Limited after its listing on NSE as well as BSE in the year 2009. In 2014, after the group split, the company along with Indiabulls Infrastructure and Power Limited was carved out of the group and renamed as RattanIndia Power Limited. ^[1]

Website BSE NSE

Market Cap ₹ 5,290 Cr.
Current Price ₹ 9.85
High / Low ₹ 21.1 / 7.90
Stock P/E 41.8
Book Value ₹ 8.30
Dividend Yield 0.00 %
ROCE 8.39 %
ROE %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Stock is trading at 1.19 times its book value

Cons

Company has low interest coverage ratio.
Promoters have pledged 88.6% of their holding.
Earnings include an other income of Rs.10,981 Cr.
Company has high debtors of 224 days.
Company's cost of borrowing seems high
Working capital days have increased from -396 days to 173 days

* 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

Sector: Power Generation & Distribution Industry: Power Generation And Supply

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
	804.79	823.23	842.79	638.07	849.72	900.58	847.27	796.39	806.38	913.96	931.83	682.43	733.32
	557.01	639.79	623.62	513.99	651.83	703.80	690.52	684.99	634.73	707.93	743.26	588.49	643.02
Operating Profit	247.78	183.44	219.17	124.08	197.89	196.78	156.75	111.40	171.65	206.03	188.57	93.94	90.30
OPM %	30.79%	22.28%	26.01%	19.45%	23.29%	21.85%	18.50%	13.99%	21.29%	22.54%	20.24%	13.77%	12.31%
	52.36	209.52	79.37	79.20	81.57	88.06	88.71	88.38	81.92	10,716.85	84.53	88.96	90.92
Interest	582.34	596.57	586.29	618.01	656.24	650.69	678.15	726.50	719.45	239.27	120.76	123.76	115.87
Depreciation	104.49	102.78	101.55	102.87	102.98	96.97	102.38	104.87	106.12	68.57	59.34	60.49	61.02
Profit before tax	-386.69	-306.39	-389.30	-517.60	-479.76	-462.82	-535.07	-631.59	-572.00	10,615.04	93.00	-1.35	4.33
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	4.40%	2.67%	0.17%	2.62%	-0.48%	0.00%	0.00%	0.00%
	-386.69	-306.39	-389.30	-517.60	-479.76	-483.19	-549.36	-632.67	-586.97	10,665.75	93.00	-1.35	4.33
EPS in Rs	-0.72	-0.58	-0.72	-0.96	-0.89	-0.90	-1.02	-1.18	-1.09	19.86	0.17	-0.00	0.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
	0	339	625	2,596	1,391	2,054	1,924	1,774	1,560	3,260	3,231	3,364	3,262
	167	296	600	1,643	678	1,499	1,372	1,266	920	2,457	2,493	2,718	2,683
Operating Profit	-167	43	26	953	712	555	551	508	640	803	738	646	579
OPM %		13%	4%	37%	51%	27%	29%	29%	41%	25%	23%	19%	18%
	68	59	61	81	155	148	-1,155	2,878	1,074	-28	328	10,976	10,981
Interest	6	132	546	1,204	1,238	1,954	2,304	2,805	2,241	2,342	2,512	2,363	600
Depreciation	1	67	190	236	254	400	420	417	416	414	404	382	249
Profit before tax	-107	-97	-649	-406	-624	-1,650	-3,328	165	-942	-1,981	-1,849	8,876	10,711
Tax %	-16%	5%	2%	6%	1%	1%	0%	0%	0%	0%	1%	-0%
	-89	-101	-664	-432	-631	-1,663	-3,328	165	-942	-1,981	-1,870	8,897	10,762
EPS in Rs	-0.34	-0.38	-2.25	-1.46	-2.13	-5.63	-11.24	0.33	-1.75	-3.69	-3.48	16.57	20.04
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	26%
5 Years:	12%
3 Years:	29%
TTM:	-3%

Compounded Profit Growth
10 Years:	%
5 Years:	2%
3 Years:	-46%
TTM:	106%

Stock Price CAGR
10 Years:	0%
5 Years:	28%
3 Years:	23%
1 Year:	-4%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2,643	2,643	2,953	2,845	2,845	2,945	2,953	4,940	5,370	5,370	5,370	5,370	5,370
Reserves	2,766	2,730	2,144	1,902	1,223	-447	-3,711	-4,510	-5,995	-8,032	-9,903	-1,006	-916
	8,331	10,679	12,216	13,552	14,702	14,633	13,871	12,510	12,255	11,547	11,018	3,562	3,463
	1,597	1,374	1,372	2,225	2,420	4,238	6,328	6,156	6,985	8,773	10,887	1,640	1,600
Total Liabilities	15,336	17,426	18,684	20,525	21,191	21,370	19,441	19,095	18,615	17,658	17,372	9,566	9,518
	209	4,675	8,795	9,268	10,793	15,011	14,592	14,410	13,995	13,381	13,051	6,412	6,317
CWIP	11,136	9,120	6,674	6,659	6,339	2,283	2,354	1,584	1,574	1,142	1,110	67	66
Investments	20	20	20	0	70	10	193	275	0	4	8	0	0
	3,971	3,610	3,195	4,598	3,988	4,066	2,301	2,826	3,046	3,131	3,203	3,087	3,135
Total Assets	15,336	17,426	18,684	20,525	21,191	21,370	19,441	19,095	18,615	17,658	17,372	9,566	9,518

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	622	42	-185	11	1,206	215	836	610	736	934	1,015	1,306
	-4,956	-607	-237	-108	-493	-107	-161	-91	101	55	-5	-462
	4,154	604	372	169	-722	-235	-801	-476	-795	-952	-977	-902
Net Cash Flow	-180	39	-49	71	-9	-127	-127	44	42	37	33	-58

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days		114	120	120	208	236	237	316	457	248	282	224
Inventory Days
Days Payable
Cash Conversion Cycle		114	120	120	208	236	237	316	457	248	282	224
Working Capital Days		-420	-607	53	-151	-461	-1,080	-913	-746	-557	-803	173
ROCE %	-1%	0%	-1%	4%	3%	2%	2%	2%	11%	8%	9%	8%

Shareholding Pattern

Numbers in percentages

	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
	44.06%	44.06%	44.06%	44.06%	44.06%	44.06%	44.06%	44.06%	44.06%	44.06%	44.06%	44.06%
	0.21%	0.24%	0.32%	0.29%	0.30%	0.31%	0.48%	0.76%	2.04%	3.69%	4.39%	5.01%
	13.42%	8.66%	7.33%	7.20%	7.20%	7.20%	7.14%	6.89%	6.61%	6.57%	6.57%	6.53%
	42.31%	47.04%	48.28%	48.44%	48.44%	48.44%	48.31%	48.28%	47.29%	45.67%	44.96%	44.40%
No. of Shareholders	6,47,569	7,03,202	7,06,678	6,99,496	6,91,513	7,80,818	7,95,420	10,75,987	13,22,745	20,63,337	19,80,552	19,61,972

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Dec 2024
	57.49%	54.10%	53.08%	39.33%	44.19%	44.06%	44.06%	44.06%	44.06%
	16.12%	16.27%	16.78%	9.34%	0.16%	0.21%	0.30%	2.04%	5.01%
	0.58%	0.69%	1.04%	16.48%	15.15%	13.42%	7.20%	6.61%	6.53%
	25.82%	28.94%	29.09%	34.84%	40.50%	42.31%	48.44%	47.29%	44.40%
No. of Shareholders	1,37,099	1,59,808	1,55,102	1,52,776	2,34,783	6,47,569	6,91,513	13,22,745	19,61,972

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

RattanIndia Power Ltd

RattanIndia Power Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls