Reliance Power Ltd
NSE: RPOWER BSE: 532939Energy
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]
₹26.7
52W: ₹20.2 — ₹76.5
PE 0 · Book ₹23.6 · +13% vs bookMarket Cap₹11,055 Cr
Stock P/E—Price to Earnings
ROCE0.18%Return on Capital
ROE0.99%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Stock is trading at 1.14 times its book value
Weaknesses
- −Company has low interest coverage ratio.
- −Company has a low return on equity of -1.94% over last 3 years.
Shareholding Pattern
Promoters24.98%
FIIs14.12%
DIIs3.12%
Public57.75%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 23.24% | 23.27%▲0.0 | 23.27% | 23.27% | 24.98%▲1.7 | 24.98% | 24.98% | 24.98% |
| FIIs | 12.71% | 13.12%▲0.4 | 12.95%▼0.2 | 13.21%▲0.3 | 12.93%▼0.3 | 13.09%▲0.2 | 13.25%▲0.2 | 14.12%▲0.9 |
| DIIs | 3.06% | 2.88%▼0.2 | 2.8%▼0.1 | 3.29%▲0.5 | 3.61%▲0.3 | 3.75%▲0.1 | 3.05%▼0.7 | 3.12%▲0.1 |
| Public | 60.99% | 60.72%▼0.3 | 60.97%▲0.3 | 60.22%▼0.8 | 58.48%▼1.7 | 58.18%▼0.3 | 58.69%▲0.5 | 57.75%▼0.9 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.51 | 1.03 | 0.09 |
| Expenses | 4.52 | 4.96 | 63.99 | 5.3 | 7.38 | 6.26 | 107.62 | 6.68 | 15.62 | 8.04 |
| Operating Profit | -4.52 | -4.96 | -63.99 | -5.3 | -7.38 | -6.26 | -107.62 | -6.17 | -14.59 | -7.95 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -1209.8% | -1416.5% | -8833.33% |
| Net Profit | 6.09 | 0.33 | 59.68 | 2.06 | 4.87 | 0.32 | -101.35 | 1.9 | 4.73 | -0.67 |
| EPS ₹ | 0.02 | 0 | 0.15 | 0.01 | 0.01 | 0 | -0.25 | 0 | 0.01 | 0 |
AI Insights
Revenue Trend
TTM revenue at ₹2Cr, up 0% YoY. OPM at -8364%.
Debt Position
Borrowings at ₹6,093Cr. Debt-to-equity ratio: 1.08x. High leverage — monitor closely.
Institutional Flow
DIIs: 3.12% (-0.05pp change). FIIs: 14.12% (+6.78pp change). Promoters hold 24.98%.
Margin & Efficiency
ROCE declining from 1% (Mar 2014) to 0% (Mar 2025). Working capital days: 0.
Recent Announcements
- Board Meeting Intimation for Board Meeting 17h - Board meeting on May 21, 2026 to approve FY26 results and consider equity, debt, or warrant fundraising.
- Report Of The Monitoring Agency For The Quarter Ended March 31, 2026 2d - Monitoring agency report for quarter ended March 31, 2026; Rs1,524.60 crore preferential warrants show nil deviation.
- Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors 29 Apr - US Exim filed Section 7 IBC against Reliance Power over SPL’s US$165.41 million alleged default.
- Update On Outstanding Warrants 28 Apr - 21.82 crore outstanding warrants lapsed on April 28, 2026 after non-conversion.
- Update On Outstanding Warrants 27 Apr - 12.50 crore outstanding warrants lapsed on April 27, 2026 after non-conversion within 18 months.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse