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As of 6 Nov 2026, Reliance Power is loss-making on a trailing 12-month basis, with a net loss of ₹317 Cr, so it has no P/E ratio. The share price is ₹18.43, 57% below its 52-week high. Sales grew 0.8% a year over 3 years. Debt is 0.92× equity. It is a small-cap company with a market cap of ₹7,622 Cr, ranked 8th of 15 Utilities (Independent Power Producers) companies by market cap; the shares fell 54% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹18.55
Day high
₹18.66
Day low
₹18.26
Prev. close
₹18.70
Volume
1.5 Cr

Health check

6 to check
  • ReturnsBehind

    −54.1% over a year, better than 0 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthUnder pressure

    Sales +0.8% a year over 3 years, but loss-making now.

  • ProfitabilityWeak

    ROCE 4.5% vs peer median 8.4%.

  • Balance sheetStretched

    Debt 0.92× equity, interest covered 0.9×, Piotroski 6 of 9.

  • Red flags4 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Utilities - Independent Power Producers

14 listed peers. Screen the industry

Small cap

₹7,622 Cr, #8 of 15 in its industry by size.

Moves with the market

Beta 0.90 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹7,690 Cr · profit ₹−317 Cr
Market cap
₹7,622 Cr
Small cap
P/E
n/a
Industry 21.6
Price to book
0.48
Peers 2.85
Dividend yield
0.00%
ROE
−2.1%
Peers 10.0%
ROCE
4.5%
Peers 8.4%
Debt to equity
0.92
Debt ₹14,812 Cr
EPS (TTM)
−₹0.77
Face value ₹10
OPM (TTM)
26.5%
Net margin −4.1%
Sales growth
+3.8%
Latest quarter vs a year ago
Profit growth
+44.8%
Latest quarter vs a year ago
Price to sales
0.99
EV/EBITDA 8.2

Strengths and risks

Strengths

  • Quarterly profit up 44.8% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −2.1%.
  • 57% below its 52-week high.
  • Interest coverage of only 1.5×.

Derived automatically from reported figures. Not a recommendation.

About Reliance Power

Reliance Power Limited, together with its subsidiaries, engages in the development, construction, and operation of power plants 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; Samalkot power project, a gas-based…

Headquarters
Mumbai
Employees
1,278
Sector
Utilities
ISIN
INE614G01033

Price range

52 weeks

₹15.98₹42.87

Today

₹18.26₹18.66
Avg volume (3M)
2.5 Cr
1-year return
minus 54.1%
From 52-week high
minus 57.0%

Peers · Utilities - Independent Power Producers

Capital-heavy industry columns

Company
ADANIPOWERAdani Power204.29plus 0.14%3,93,96721.622.015.1%38.7%0.8012.5%plus 28.8%
ADANIENSOLAdani Energy Solutions1,457.40plus 0.74%1,78,23347.224.38.4%31.2%1.7027.7%plus 46.7%
TATAPOWERTata Power Co.352.50minus 3.31%1,12,63629.214.08.5%20.4%1.684.1%minus 9.0%
JSWENERGYJSW Energy524.95plus 0.31%96,22441.315.97.3%53.4%2.0723.5%minus 0.9%
TORNTPOWERTorrent Power1,271.10plus 0.45%64,05126.513.311.9%19.2%1.084.0%minus 3.0%
VEDPOWERVedanta Power35.33minus 3.07%13,793–19.0−7.7%13.9%0.6515.7%minus 13.7%
JPPOWERJaiprakash Power Ventures13.86minus 0.29%9,49925.28.86.7%29.3%0.23−1.3%minus 22.3%
RPOWERReliance Power18.43minus 1.44%7,622–9.64.5%30.7%0.920.8%minus 54.1%
Median of 7 peers–0.14%96,22427.815.98.4%29.3%1.0812.5%−3.0%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
1,8861,9741,8731,8871,956
1,3211,3561,2691,6341,394
565618604254562
30.0%31.3%32.3%13.4%28.7%
14093.176.9382147
426395371474387
207208210205207
–––−382–
72.3108100−426116
38.2%19.3%74.9%−16.1%44.2%
44.787.325.1−49464.7
0.110.200.06-1.190.16

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+0.8%
ROE
−2.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7,0337,4267,1537,204
–+5.6%minus 3.7%+0.7%
5,3166,4624,6854,908
1,7169652,4682,296
24.4%13.0%34.5%31.9%
69.1165236552
1,8542,0281,7011,539
1,2281,2571,0961,010
1,0171283,141−444
−279−2,0283,047−145
−22.9%−10.6%3.3%−132.4%
−471−2,0682,948−337
-1.35-5.467.20-0.82

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,7354,0174,0174,136
7,8607,59712,32011,904
21,23618,76615,15314,812
15,70413,3789,79310,441
48,53543,75841,28341,293
39,51935,33833,29232,694
3,7631,7731,4451,762
4.4173173142
221472361504
5,0276,0026,0136,191
48,53543,75841,28341,293

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4,0243,1741,9382,824
−354−192453−212
−3,623−2,734−2,435−1,828
46.4248−43.6785
−384––−116
3,6393,1741,9382,708

Shareholding pattern

Source: NSE filings
25.0%
promoters
  • Promoters24.98%
  • Public75.02%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202624.98%75.02%0.00
30 Jun 202624.98%75.02%0.00
31 Mar 202624.98%75.02%0.00
31 Dec 202524.98%75.02%0.00
30 Sep 202524.98%75.02%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you