R

Reliance Power Ltd.

RPOWERNSE
Market snapshot · 2026-08-10 23:10 UTC

23.96

₹-0.38 (-1.56%)

MARKET CAP

₹9.91K Cr

STOCK P/E

52W HIGH

₹50.85

52W LOW

₹20.17

BOOK VALUE

₹38.78

EPS

₹-0.82

ROE

-2.08%

SECTOR

Utilities

DEBT/EQUITY

92.35

VOLUME

1.92Cr

P/B RATIO

0.62x

PEG RATIO

Sector

Utilities

Themes

Power GenerationAmbani GroupAnil Ambani GroupVanguard Fund Portfolio
₹48.91₹42.02₹35.13₹28.24₹21.35VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Reliance Power is a power-generation company developing and operating coal, gas, hydro, wind, and solar plants. Coal projects, especially Sasan and Rosa, anchor its generation portfolio, while gas-based Samalkot and renewable assets broaden capacity. Recent positive sentiment around stronger first-quarter results could support earnings recovery, but reported revenue growth remains limited at 0.7%. Stable margins provide little offset to a 111.4% profit decline, producing negative 2.1% ROE. Extremely high debt-to-equity of 92.35 materially increases financial risk and depresses shareholder returns. P/E is unavailable, preventing a conventional valuation comparison with utilities or growth. The investment case therefore remains speculative, with debt reduction and sustainable profitability the key open questions.

Valuation Metrics

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

EV/EBITDA
Undervalued

5Y Average

9.84

Current

9.06

Overvalued

12.73

Undervalued

5.37

P/B
Strongly Undervalued

5Y Average

0.94

Current

0.62

Overvalued

1.08

Undervalued

0.80

P/S
Strongly Undervalued

5Y Average

1.41

Current

1.30

Overvalued

1.62

Undervalued

1.20

Peers & Comparison

Sector: Utilities · Theme: Power Generation

Power Generation Peers3 peers
Avg P/E: 20x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
GMR POW AND URBAN INFRA L
GMRP&UIPower Generation
+15.4%8.2%
12.3x
Undervalued
-39% vs avg
-16.1%
CESC LTD
CESCPower Generation
+5.6%8.3%
14.2x
Undervalued
-29% vs avg
+1.2%
VA TECH WABAG LTD
WABAGWater Management
+22.3%9.4%
33.6x
Premium
+68% vs avg
+28.1%
WHY THESE PEERS

RELIANCE POWER LTD. is compared against the Power Generation cohort. Peers include GMR POW AND URBAN INFRA L, CESC LTD, VA TECH WABAG LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹0.09 CrDec 2025

Latest net profit

₹-0.67 CrDec 2025

Latest EPS

₹0.00Dec 2025

Net margin

-9044.4%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26-10000.0%-7500.0%-5000.0%-2500.0%0.0%-105 Cr-70 Cr-35 Cr0.00 Cr35 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr0.30 Cr0.60 Cr0.90 Cr1.20 Cr₹-0₹-0₹-0₹0₹0
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit-16 Cr-8.00 Cr0.00 Cr8.00 Cr16 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-2.50K Cr0.00 Cr2.50K Cr5.00K Cr7.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales30.511.030.09
Expenses3074.224.524.9663.995.37.386.261086.6815.628.04
Operating Profit-308-4.97-108-6.36-14.77-8.14
OPM %-10265%-1247.06%-1433.98%-9044.44%
Other Income19929.8933.437.938.4125.4430.923.3420.8623.4135.6623.74
Interest48.440.2422.323.812.1518.5118.6516.7614.5415.1516.1616.27
Depreciation4.050.010.050.190.180.19
Profit before tax-157-14.576.589.16-67.731.634.870.32-1011.94.73-0.67
Tax %0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-157-14.576.589.16-67.731.634.870.32-1011.94.73-0.67
EPS in Rs2.52-0.040.010.000.150.000.010.00-0.250.000.010.00

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters23.26%24.98%24.98%24.98%24.98%
FII8.09%7.95%8.11%8.27%9.51%
DII8.41%8.58%8.73%8.03%7.73%
Public49.88%48.46%48.22%48.79%48.62%
Others10.36%10.03%9.96%9.93%9.16%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Ppt for earnings call Dec 2025

Dec 01, 2025PDFKnowledge Base Open

Credit rating by ICRA

Nov 25, 2025PDFKnowledge Base Open

Annual Report FY25

Jan 01, 2025PDFKnowledge Base Open

Credit rating by ICRA

Nov 28, 2024PDFKnowledge Base Open

Annual Report FY24

Jan 01, 2024PDFKnowledge Base Open