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Reliance Power Limited
(RPOWER)
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Rating:47Neutral
Price Target:
₹22.00
▼(-8.64% Downside)
Action:Reiterated
Date:07/02/26
The score is primarily held back by volatile earnings (including losses in 2026) and weak technical momentum (negative MACD with RSI in bearish territory and price below the 200-day average). Consistently positive free cash flow and improved leverage provide partial support but are not enough to offset profitability inconsistency and the negative P/E.
Positive Factors
Positive cash generation
Consistently positive operating and free cash flow gives Reliance Power internal liquidity to support operations, service obligations, and fund selected investment. Although annual cash generation varies, this recurring cash contribution is a durable financial strength over the medium term.
Negative Factors
Volatile profitability
Sharp swings between substantial profit and loss indicate that reported earnings are not yet dependable. Persistent profitability volatility can weaken retained capital, complicate investment planning, and reduce confidence that positive cash generation will consistently translate into shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive cash generation
Consistently positive operating and free cash flow gives Reliance Power internal liquidity to support operations, service obligations, and fund selected investment. Although annual cash generation varies, this recurring cash contribution is a durable financial strength over the medium term.
Read all positive factors
Reliance Power Limited (RPOWER) vs. iShares MSCI India ETF (INDA)
Market Cap
₹91.36B
Dividend Yield2.08%
Average Volume (3M)2.12M
Price to Earnings (P/E)―
Beta (1Y)1.94
Revenue Growth2.87%
EPS Growth-109.96%
CountryIN
Employees1,278
SectorGeneral
Sector StrengthN/A
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)-0.76
Shares Outstanding4,135,771,000
10 Day Avg. Volume1,529,981
30 Day Avg. Volume2,119,396
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)0.57
Price to Sales (P/S)1.21
P/FCF Ratio5.76
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, an Indian energy producer, along with its associated companies, is dedicated to generating electricity across various sources. Its diverse project portfolio encompasses coal, natural gas, hydroelectric, wind, and solar powe...
How the Company Makes Money
Reliance Power primarily makes money by generating and selling electricity from its power plants and power projects. Its key revenue stream is the sale of power to electricity distribution companies (DISCOMs) and other customers, typically through...
Reliance Power Limited Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
55
Neutral
Cash Flow
68
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.90B | 76.20B | 75.83B | 78.93B | 75.14B | 75.03B |
| Gross Profit | 32.54B | 38.21B | 40.44B | 44.54B | 41.40B | 48.13B |
| EBITDA | 22.08B | 25.31B | 25.96B | 13.70B | 20.88B | 29.39B |
| Net Income | -3.17B | -3.37B | 29.48B | -20.68B | -4.71B | -9.64B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 412.93B | 412.83B | 437.60B | 485.35B | 498.12B |
| Cash, Cash Equivalents and Short-Term Investments | 17.05B | 20.87B | 9.73B | 4.72B | 2.73B | 6.74B |
| Total Debt | 0.00 | 148.12B | 151.53B | 187.66B | 212.36B | 231.29B |
| Total Liabilities | -160.39B | 252.53B | 249.46B | 321.46B | 352.48B | 364.26B |
| Stockholders Equity | 160.39B | 160.39B | 163.37B | 116.14B | 115.95B | 117.64B |
Cash Flow | ||||||
| Free Cash Flow | 13.21B | 16.00B | 19.38B | 31.74B | 36.39B | 34.17B |
| Operating Cash Flow | 13.66B | 17.16B | 19.38B | 31.74B | 40.24B | 36.13B |
| Investing Cash Flow | -8.96B | -2.95B | 4.53B | -1.92B | -3.54B | 2.84B |
| Financing Cash Flow | -6.25B | -6.37B | -24.35B | -27.34B | -36.23B | -38.49B |
Reliance Power Limited Technical Analysis
Negative
24.08
Price Trends
23.77
Negative
25.69
Negative
27.97
Negative
Market Momentum
-0.50
Positive
37.96
Neutral
15.36
Positive
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 24.08 is above the 20-day moving average (MA) of 22.70, above the 50-day MA of 23.77, and below the 200-day MA of 27.97, indicating a bearish trend. The MACD of -0.50 indicates Positive momentum. The RSI at 37.96 is Neutral, neither overbought nor oversold. The STOCH value of 15.36 is Positive, 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 (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | ₹988.25B | 48.20 | ― | 0.37% | 35.37% | -10.03% | |
62 Neutral | ₹3.23T | 11.61 | ― | 2.71% | 2.36% | 15.88% | |
59 Neutral | ₹111.78B | 23.10 | ― | 1.90% | 8.80% | -12.56% | |
56 Neutral | ₹3.99T | 28.04 | ― | ― | 1.22% | 14.86% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹1.18T | 30.41 | ― | 0.68% | -4.19% | -4.84% | |
47 Neutral | ₹91.36B | -29.20 | ― | 2.08% | 2.87% | -109.96% |
* General Sector Average
IN:RPOWER
Reliance Power Limited
22.09
-23.99
-52.06%
IN:ADANIPOWER
Adani Power Limited
207.00
80.25
63.31%
IN:JPPOWER
Jaiprakash Power Ventures Limited
16.31
-3.72
-18.57%
IN:JSWENERGY
JSW Energy Limited
539.00
30.63
6.03%
IN:NTPC
NTPC Limited
332.60
14.57
4.58%
IN:TATAPOWER
Tata Power Company Limited
368.00
-12.99
-3.41%
Reliance Power Limited Corporate Events
Reliance Power opens SEBI-mandated window to demat legacy physical shares
Aug 22, 2026
Reliance Power has notified stock exchanges that it has published shareholder notices in Financial Express and Navshakti regarding a special window for transfer and dematerialisation of physical shares. The window, opened pursuant to a SEBI circul...
Reliance Power flags ED-linked money laundering case exposure
Aug 17, 2026
Reliance Power Limited has disclosed that it and its subsidiary Reliance CleanGen Limited have been named among proposed accused parties in an Enforcement Directorate complaint linked to an alleged sum of about Rs. 715 crore under the Prevention o...
Reliance Power Sets August 14 Virtual AGM, Releases 2025-26 Annual Report
Jul 23, 2026
Reliance Power Limited has released its Annual Report for the financial year 2025-26 and issued the notice for its 32nd Annual General Meeting. The meeting is scheduled for August 14, 2026 at 12:00 p.m. IST and will be conducted via video conferen...
Reliance Power Sets Virtual AGM, Pushes Investors Toward Digital, Demat Compliance
Jul 23, 2026
Reliance Power has scheduled its 32nd Annual General Meeting for August 14, 2026, to be held via video conferencing and other audio-visual means, with no physical venue for shareholders. The company is circulating its 2025-26 Annual Report and AGM...
Reliance Power discloses provisional attachment of promoter-held shares and group receivables
Jul 11, 2026
Reliance Power has disclosed that regulatory authorities have provisionally attached shares of the company held by its promoter, Reliance Infrastructure Limited, along with certain receivables involving its wholly owned subsidiaries Sasan Power Li...
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.