Reliance Power Ltd.

NSE: RPOWER · Power Generation

52W Range₹20 ₹57

Snapshot

Unlock Reliance Power Ltd.'s vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Reliance Power Limited is an Indian utility company engaged in the generation of electricity through a diverse portfolio of coal, gas, hydro, wind, and solar energy assets. The company also maintains interests in coal mining operations and coal bed methane blocks.

Business Model

The company generates revenue primarily through the sale of electricity produced at its various power plants to state utilities and industrial consumers. It also derives value from the development and operation of coal mines and energy infrastructure projects.

  • Sasan UMPP Capacity:3,960 MW
  • Rosa Power Plant Capacity:1,200 MW
  • Butibori Power Plant Capacity:600 MW

Growth Outlook

Growth is focused on the continued development of its existing power generation assets and the exploration of its coal mining and coal bed methane interests. Future expansion remains contingent on project execution and regulatory approvals within the Indian energy sector.

Key Risks

  • Fuel Supply Risk. The company's reliance on coal-based power generation makes it vulnerable to fluctuations in coal prices and potential supply chain disruptions.
  • Regulatory and Policy Risk. Changes in government energy policies, environmental regulations, or tariff structures can significantly impact the company's profitability.
  • Debt and Liquidity Risk. High levels of leverage and capital-intensive project requirements pose risks to the company's financial stability and ability to service debt.
  • Counterparty Credit Risk. The company faces potential payment delays or defaults from state-owned distribution companies, which are the primary purchasers of its electricity.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Reliance Power Ltd. and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹7,620 Cr

TTM · consolidated

+0.5%YoY

NET PROFIT

₹-337 Cr

TTM · consolidated

-111.4%YoY

EPS

₹-0.81

TTM · consolidated

-111.1%YoY

RETURN ON EQUITY

-2.1%

TTM · consolidated

-25.1 ppYoY

RETURN ON CAPITAL EMPLOYED

4.8%

TTM · consolidated

-13.9 ppYoY

P/E

-30.4x

Q4 FY26 · consolidated

-30.4 vs 31.6x5Y avg

EV/EBITDA

8.7x

Q4 FY26 · consolidated

8.7 vs 71.1x5Y avg

EBITDA MARGIN

35.9%

TTM · consolidated

-0.8 ppYoY

NET PROFIT MARGIN

-26.2%

Q4 FY26 · consolidated

-32.5 ppYoY

DEBT TO EQUITY

0.9x

Q4 FY26 · consolidated

-0.01xYoY

Peers · Power Generation

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Reliance Power Ltd.RPOWER
8,925-30.368.700.5%35.9%-2.1%4.8%-62.8%
Jaiprakash Power Ventures Ltd.JPPOWER
10,22534.678.951.9%28.7%3.6%6.9%-28.5%
Clean Max EnviroCLEANMAX
9,60459.0%
GMR Power And Urban Infra LimitedGMRP&UI
7,91912.109.2115.6%27.6%67.0%20.4%-18.4%
KPI Green Energy LimitedKPIGREEN
7,40116.8512.4155.3%37.2%18.8%17.6%-26.9%
Inox Green Energy Services LimitedINOXGREEN
5,63971.0838.1424.2%68.6%5.4%8.1%+23.4%

As of Q4 FY26

Financials