Reliance Power Limited (IN:RPOWER)
:RPOWER
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Reliance Power Limited
(RPOWER)
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Rating:55Neutral
Price Target:
₹23.00
▼(-36.00% Downside)
Action:ReiteratedDate:01/24/26
The score is supported by improved profitability and strong cash generation, but is pulled down by a pronounced bearish technical trend (below key moving averages with weak momentum) and a high P/E with no dividend yield.
Positive Factors
Profitability Turnaround
A shift from negative to positive EBIT signals durable operational improvement rather than short-term volatility. Sustained positive operating profits support reinvestment in capacity, reduce reliance on external funding, and provide a foundation for predictable earnings and cash flows over the medium term.
Negative Factors
High Total Liabilities
Persistently high total liabilities constrain strategic flexibility and increase fixed obligations. In the power sector, elevated liabilities magnify refinancing and interest rate risks, limiting capacity to invest in new capacity or weather demand shocks without additional funding or asset sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Turnaround
A shift from negative to positive EBIT signals durable operational improvement rather than short-term volatility. Sustained positive operating profits support reinvestment in capacity, reduce reliance on external funding, and provide a foundation for predictable earnings and cash flows over the medium term.
Read all positive factors
Reliance Power Limited (RPOWER) vs. iShares MSCI India ETF (INDA)
Market Cap
₹93.72B
Dividend YieldN/A
Average Volume (3M)3.17M
Price to Earnings (P/E)143.5
Beta (1Y)2.00
Revenue Growth-0.06%
EPS Growth-74.64%
CountryIN
Employees1,277
SectorEnergy
Sector Strength52
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)0.06
Shares Outstanding4,135,771,000
10 Day Avg. Volume5,044,062
30 Day Avg. Volume3,170,589
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)1.05
Price to Sales (P/S)2.27
P/FCF Ratio8.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Reliance Power Limited Business Overview & Revenue Model
Company Description
Reliance Power Limited, together with its subsidiaries, engages in the generation of power in India. Its portfolio of power projects is based on coal, gas, hydro, wind, and solar energy. The company has an operational power generation capacity of ...
How the Company Makes Money
Reliance Power primarily makes money by selling electricity generated from its operating power plants. Revenue is typically earned through long-term power purchase agreements (PPAs) with utilities or other off-takers where tariffs may be capacity-...
Reliance Power Limited Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
60
Neutral
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.90B | 75.83B | 78.93B | 75.14B | 75.03B | 79.34B |
| Gross Profit | 42.45B | 40.44B | 44.54B | 41.40B | 48.13B | 51.83B |
| EBITDA | 28.98B | 25.96B | 13.70B | 20.88B | 29.39B | 38.21B |
| Net Income | 3.00B | 29.48B | -20.68B | -4.71B | -9.64B | 2.29B |
Balance Sheet | ||||||
| Total Assets | 415.87B | 412.83B | 437.60B | 485.35B | 498.12B | 507.82B |
| Cash, Cash Equivalents and Short-Term Investments | 21.05B | 9.73B | 4.72B | 2.73B | 6.74B | 3.44B |
| Total Debt | 152.32B | 151.53B | 187.66B | 212.36B | 231.29B | 256.35B |
| Total Liabilities | 250.71B | 249.46B | 321.46B | 352.48B | 364.26B | 369.68B |
| Stockholders Equity | 165.16B | 163.37B | 116.14B | 115.95B | 117.64B | 122.46B |
Cash Flow | ||||||
| Free Cash Flow | 13.21B | 19.38B | 31.74B | 36.39B | 34.17B | 40.15B |
| Operating Cash Flow | 13.66B | 19.38B | 31.74B | 40.24B | 36.13B | 41.49B |
| Investing Cash Flow | -8.96B | 4.53B | -1.92B | -3.54B | 2.84B | 4.86B |
| Financing Cash Flow | -6.25B | -24.35B | -27.34B | -36.23B | -38.49B | -46.15B |
Reliance Power Limited Technical Analysis
Negative
35.94
Price Trends
25.40
Negative
31.24
Negative
41.76
Negative
Market Momentum
-1.11
Negative
46.86
Neutral
48.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RPOWER, the sentiment is Negative. The current price of 35.94 is above the 20-day moving average (MA) of 22.27, above the 50-day MA of 25.40, and below the 200-day MA of 41.76, indicating a neutral trend. The MACD of -1.11 indicates Negative momentum. The RSI at 46.86 is Neutral, neither overbought nor oversold. The STOCH value of 48.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RPOWER.
Reliance Power Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹3.49T | 14.56 | ― | 2.66% | 1.68% | 7.60% | |
67 Neutral | ₹3.08T | 27.80 | ― | ― | -0.70% | -5.41% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | ₹859.93B | 50.05 | ― | 0.41% | 39.71% | 1.33% | |
57 Neutral | ₹102.87B | 780.79 | ― | ― | -17.70% | -50.89% | |
55 Neutral | ₹93.72B | 143.50 | ― | ― | -0.06% | -74.64% | |
44 Neutral | ₹44.46B | 23.36 | ― | ― | -5.68% | -99.16% |
* Energy Sector Average
IN:RPOWER
Reliance Power Limited
22.66
-16.38
-41.96%
IN:ADANIPOWER
Adani Power Limited
159.90
57.71
56.47%
IN:JPPOWER
Jaiprakash Power Ventures Limited
15.01
0.81
5.70%
IN:JSWENERGY
JSW Energy Limited
489.35
2.47
0.51%
IN:NTPC
NTPC Limited
360.00
19.00
5.57%
IN:RTNPOWER
RattanIndia Power Limited
8.28
-1.18
-12.47%
Reliance Power Limited Corporate Events
Reliance Power to Shut Trading Window Ahead of FY26 Results
Mar 26, 2026
Reliance Power Limited has announced that it will close its trading window for designated persons starting April 1, 2026, in line with its internal code of conduct and the Securities and Exchange Board of India’s insider trading regulations....
Reliance Power Winds Up Non-Revenue Bangladesh Subsidiary
Mar 5, 2026
Reliance Power has reported that Reliance Chittagong Power Company Limited in Bangladesh has ceased to be its wholly owned subsidiary following a voluntary winding up completed on March 4, 2026. The subsidiary contributed no revenue and only about...
SEBI Orders Forensic Audit into Reliance Power for Alleged Regulatory Violations
Jan 14, 2026
Reliance Power Limited has disclosed that the Securities and Exchange Board of India (SEBI) has initiated a forensic audit of the company. The audit will examine alleged violations of the SEBI Act, the Securities Contracts (Regulation) Act (SCRA) ...
Reliance Power Announces Senior Management Change in Business and Legal Function
Jan 14, 2026
Reliance Power Limited has announced a change in its senior management, disclosing the cessation of Shri Manoj Pongde from his role as Head (Business Legal), effective January 14, 2026. The move, communicated under SEBI’s Listing Regulation...
Reliance Power Closes SEBI-Mandated Special Window for Physical Share Transfer Re-Lodgement
Jan 9, 2026
Reliance Power Limited has reported that, during the special window period from December 1, 2025 to January 6, 2026, it did not receive any shareholder requests for re-lodgement of transfer transactions for physical shares, and the special window ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.