RattanIndia Power Limited

RattanIndia Power Limited

RTNPOWER.BO
RattanIndia Power LimitedIN flagBombay Stock Exchange
8.90
INR
-0.14
- -
47.79BMarket Cap
RattanIndia Power Limited
RTNPOWER.BO
(Bombay Stock Exchange)

Recent

price

8.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
- -
- -
1.28
2.23
9.12
4.71
6.84
6.52
5.26
3.12
6.07
6.02
6.27
6.07
- -
5.84
Revenue per Share
0.03
0.42
-0.35
-0.38
-2.37
-1.52
-2.22
-5.65
-11.26
0.49
-1.88
-3.69
-3.48
16.57
0.41
- -
0.21
Basic EPS, GAAP
-8.41
-9.03
-17.19
-2.92
-3.44
-0.56
2.76
-0.95
2.76
1.76
1.47
1.72
1.83
2.25
0.76
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10.7
10.9
9.65
10
9.83
5.81
3.49
-1.9
-13.12
-5.91
-6.1
-9.47
-12.95
4.19
9.92
- -
- -
Book Value per Share
20.63
20.73
20.83
19.98
18.19
16.68
14.3
8.49
-2.59
1.26
-1.26
-4.96
-8.44
8.13
8.47
- -
- -
Tangible Book Value per Share
2,022
2,084
2,552
2,643
2,798
2,845
2,845
2,945
2,948
3,375
4,998
5,370
5,370
5,369
5,413
- -
5,433
Basic Weighted Avg Shares
4
- -
- -
3,388
6,252
25,960
13,414
20,154
19,236
17,739
15,599
32,595
32,312
33,640
32,838
29,914
31,740
Sales/Revenue/Turnover
-9,105.93
- -
- -
-6.94
-26.26
27.87
30.68
6.08
9.37
5.87
37.96
12.42
10.8
8.44
10.47
5.32
7.9
Operating Margin (%)
9
12
13
665
1,898
2,360
2,535
3,997
4,201
4,165
4,155
4,145
4,044
3,819
2,407
2,463
2,419
Depreciation Expense
55
870
-893
-1,013
-6,640
-4,314
-6,303
-16,632
-33,205
1,653
-9,416
-19,814
-18,699
88,968
2,219
524
1,158
Net Income, GAAP
10.06
29.26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1,366.05
- -
- -
-29.89
-106.21
-16.62
-46.99
-82.52
-172.62
9.32
-60.36
-60.79
-57.87
264.47
6.76
1.75
3.65
Profit Margin (%)
25,699
-18,400
-23,341
-2,144
-10,926
-3,022
-18,290
-39,759
-67,128
-43,285
-59,766
-90,843
-153,096
16,066
21,428
18,122
- -
Working Capital
9,877
19,626
56,835
100,969
105,566
122,281
125,917
117,292
107,694
109,640
102,545
80,877
34,535
39,370
40,998
27,970
- -
LT Debt
42,231
44,101
54,101
53,741
50,951
47,502
40,709
25,003
-7,619
4,259
-6,290
-26,618
-45,329
43,639
45,850
46,377
- -
Total Equity
-0.7
-0.48
- -
- -
- -
- -
- -
- -
- -
0.58
- -
- -
- -
- -
3.87
1.84
- -
Return on Invested Capital (%)
0.2
2.31
- -
- -
- -
- -
- -
- -
- -
19.27
- -
- -
- -
- -
8.52
5.46
7.41
Return on Capital (%)
0.25
3.92
-3.77
-3.97
-24.62
-19.6
-47.66
- -
- -
- -
- -
- -
- -
- -
5.82
0.98
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
2,811
- -
LT Borrowings
- -
32,624
- -
LT Finance Leases
- -
714
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
5,370
- -
Market Capitalization
69,178
50,584
84,315

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
32,423
- -
Cash, Cash Equivalents & STI
- -
3,257
- -
Accounts Receivable, Net
- -
24,351
- -
Inventories
- -
2,634
- -
Total Current Liabilities
- -
10,995
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,811
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-38.35%
40.69%
1.15%
Free Cash Flow
-114.01%
-4%
-9.21%
Net Income, GAAP
-110.99%
-128.98%
-76.37%
Sales/Revenue/Turnover
7.84%
20.18%
-8.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,473
7,964
8,064
9,140
33,640
2025
9,318
6,824
7,333
9,362
32,838
2026
8,220
7,280
7,877
- -
29,914

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.02
-1.18
-1.09
- -
16.57
2025
0.17
- -
0.01
0.23
0.41
2026
-0.02
0.1
0.08
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
RattanIndia Power Limited is a leading Indian power generation company primarily engaged in the operation of thermal power plants with an installed capacity of 2,700 MW, consisting of two major plants—1,350 MW each at Amravati and Nashik in Maharashtra. The company manufactures and supplies electricity primarily through these coal-fired thermal power projects, with a focus on providing reliable power to the Maharashtra state grid. Additionally, RattanIndia Power has begun initiatives in renewable energy, reflecting a strategic shift towards sustainable power generation. The company operates primarily in India, with its headquarters located in New Delhi, and was founded in 2010. The company's core offerings include thermal power generation utilizing coal sourced from South Coalfields Limited and Mahanadi Coalfields Limited. RattanIndia Power has recently initiated the supply of surplus power of up to 28 MW following requisite regulatory approvals from January 2024. It has undertaken significant debt reduction efforts, having repaid over Rs 4,000 crore in principal and interest since 2020, and continues to operate with a net worth of approximately Rs 4,580 crore on a standalone basis as of March 2024. Recent operational highlights include maintaining high plant load factors (PLF) and availability rates, notably an 80% PLF and 83% availability at the Amravati plant in the nine months of fiscal 2024. In terms of recent strategic developments within the past 1-2 years, RattanIndia Power has strengthened its operational efficiency and sustainability focus while managing its financial restructuring. The company has transitioned towards greater renewable energy involvement alongside its traditional thermal assets. It held its 18th Annual General Meeting in late 2025, announced key executive appointments, and continues to comply with sustainability reporting standards. These steps reflect a business model focused on balancing thermal power generation with emerging renewable energy aspirations amid evolving regulatory and market environments. RattanIndia Power Limited operates in the power utilities and energy sector, targeting wholesale electricity buyers including state utilities and industrial consumers within India. It is part of the broader RattanIndia group, which has diversified interests across energy, technology, and new-age businesses. The company is listed on Indian stock exchanges with the ticker RTNPOWER.BO. Overall, RattanIndia Power Limited offers a comprehensive portfolio of power generation services centered on large-scale thermal power production with ongoing enhancements in renewable power capacity, supported by strategic financial management and regulatory compliance to sustain long-term growth and market presence.