Flash Finance

Reliance Power LimitedRPOWERCorporate

Power Generation And Supply Latest results: Mar 2026 14 quarters of data
Consolidated Standalone
₹18.69
MCap ₹7,730 Cr
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,887 Cr
Sales · Mar 2026
-4.6% YoY
₹576 Cr
Operating Profit · Mar 2026
-2.4% YoY
30.5%
OPM % · Mar 2026
+2.3% YoY
₹-494 Cr
Net Profit · Mar 2026
-387.4% YoY
₹-1.19
EPS · Mar 2026
-483.9% YoY

📝 Reliance Power Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Reliance Power Limited reported revenue of ₹1,887 crore for the quarter ended March 2026 (Q4 FY26), down 4.6% from ₹1,978 crore in the same quarter last year, and up 0.7% sequentially over the December 2025 quarter.

The company reported a net loss of ₹494 crore, against a net loss of ₹101 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-1.19.

Operating profit stood at ₹576 crore — an operating margin (OPM) of 30.5%, compared with 29.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Reliance Power Limited posted revenue of ₹7,620 crore, a growth of 0.5% over FY25, with a net loss of ₹380 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹7,620 crore with a net loss of ₹380 crore.

Valuation snapshot

At the current price of ₹18.69, RPOWER has a market capitalisation of ₹7,730 crore.

Within the Power Generation And Supply industry, it is the 4th-largest of the 14 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 24.98%, foreign institutional investors (FIIs) 13.46%, domestic institutional investors (DIIs) 4.34%, the government 0.01%, public shareholders 57.21% of Reliance Power Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹7,730 Cr
Current Price ?
₹18.7
P/E ?
N/A
Industry P/E ?
18.10
P/B ?
0.48
P/S ?
1.01
P/FCF ?
2.85
Enterprise Value ?
₹22,542 Cr
EV/EBITDA ?
9.54
PEG ?
N/A
Earnings Yield ?
6.8%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹7,620 Cr
OPM ?
31.0%
Profit after tax (TTM) ?
₹-380 Cr
EPS (TTM) ?
₹-0.92
ROCE ?
6.0%
ROE ?
-2.4%
ROA ?
-0.9%
Growth
Sales — latest qtr ?
₹1,887 Cr
PAT — latest qtr ?
₹-494 Cr
YoY qtr sales growth ?
-4.6%
YoY qtr profit growth ?
-387.4%
Sales growth (3y) ?
0%
Sales growth (5y) ?
-1%
Profit growth (3y) ?
24%
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹14,812 Cr
Debt to Equity ?
0.92
Interest Coverage ?
0.9
Current Ratio ?
N/A
Ownership
Promoter holding ?
24.98%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-23.5%
Return 6 months ?
-34.8%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 1,8861,7301,9221431,9971,9921,7601,8531,9781,8861,9741,8731,887 -4.6% +0.7%
Operating Profit 663-159621720-364186651376492590565618604576 -2.4% -4.6%
Other Income 501263711717517577203307881409377-323 -467.0% -519.5%
Interest 650574620716602517551562544399426395371474 +18.8% +27.8%
Depreciation 253266261259258287250243204211207208210205 -2.8% -2.4%
Profit Before Tax -190164-224606023,0040-1012108100-426 -320.3% -526.0%
Net Profit -292257-296606022,8780-10128725-494 -387.4% -2076.0%
EPS -0.860.92-0.79-0.64-3.04-0.99-0.247.170.100.310.110.210.06-1.19 -483.9% -2083.3%
OPM % 35.1% -9.2% 32.3% 4975.8% -13236.4% 9.3% 32.7% 21.4% 26.6% 29.8% 30.0% 31.3% 32.2% 30.5% +2.3% -5.3%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹7,583 Cr ₹7,620 Cr ₹7,620 Cr +0.5%
Operating Profit ₹2,109 Cr ₹2,363 Cr ₹2,363 Cr +12.1%
OPM % 27.81% 31.01% 31.01% +11.5%
NPM % 36.65% -4.99% -4.99% -113.6%
Other Income ₹675 Cr ₹-13 Cr ₹-13 Cr -101.9%
Depreciation ₹908 Cr ₹830 Cr ₹830 Cr -8.6%
Interest ₹2,056 Cr ₹1,666 Cr ₹1,666 Cr -19.0%
EBIT ₹1,200 Cr ₹1,533 Cr ₹1,533 Cr +27.7%
PBT ₹2,905 Cr ₹-216 Cr ₹-216 Cr -107.4%
Tax ₹125 Cr — — —
Net Profit ₹2,779 Cr ₹-380 Cr ₹-380 Cr -113.7%
EPS ₹7.33 ₹-0.81 ₹-0.81 -111.0%
Material Cost ₹999 Cr — — —
Employee Cost ₹52 Cr — — —
Extraordinary Items ₹3,230 Cr — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 3,7354,0174,0174,136 +3.0%
Reserves 7,8607,59712,32011,904 -3.4%
Borrowings 21,23618,76615,15314,812 -2.3%
Other Liabilities 15,70413,3789,79310,441 +6.6%
Total Liabilities 48,53543,75841,28341,293 +0.0%
Fixed Assets 35,77633,58431,85930,944 -2.9%
CWIP 2,3201,2931,3871,720 +24.0%
Investments 39209173142 -17.9%
Other Assets 10,4018,6727,8648,486 +7.9%
Total Assets 48,53543,75841,28341,293 +0.0%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 4,0243,1741,9382,824 +45.7%
Cash from Investing Activity -354-192451-212 -147.0%
Cash from Financing Activity -3,623-2,734-2,435-1,828 +24.9%
Net Cash Flow 46248-46785 +1806.5%
Free Cash Flow 3,6393,2252,0912,708 +29.5%
CFO/OP 216%277%92%122% +32.6%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 130767363 -13.7%
Cash Conversion Cycle 130767363 -13.7%
Working Capital Days -682-661-309-348 -12.6%
ROCE % 3%1%6%6% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 24.98%24.98%24.98%24.98%24.98% +0.0%
FIIs 12.93%13.09%13.25%14.12%13.46% -4.7%
DIIs 3.61%3.75%3.05%3.12%4.34% +39.1%
Government 0.00%0.00%0.00%0.00%0.01% —
Public 58.48%58.18%58.69%57.75%57.21% -0.9%
No. of Shareholders 43,93,67243,51,10743,67,83843,41,37142,76,377 -1.5%

⚖️ Peer comparison

Industry: Power Generation And Supply · 14 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 INDIGRID Indigrid Infrastructure ₹140.06 13,342 33.0 4,769 399 64.2% 8.4% 43.8% -2.9% 156.3% 58.1%
2 JPPOWER Jaiprakash Power ₹16.93 11,603 23.9 5,756 642 26.5% 11.1% 1.8% -44.6% 12.2% 68.6%
3 PGINVIT POWERGRID Infrastructure ₹95.96 8,732 5.6 2,203 1,574 103.9% 71.4% 74.1% 34.8% -0.5% -3.1%
4 RPOWER Reliance Power ₹19.81 8,193 — 7,620 -380 31.0% -5.0% 0.5% -113.7% -4.6% -387.4%
5 RTNPOWER RattanIndia Power ₹6.75 3,625 32.1 2,968 111 14.6% 3.8% -8.9% -76.3% -2.8% 449.7%
6 GIPCL Gujarat Industries ₹185.14 2,874 5.7 1,619 503 41.2% 31.1% 22.1% 107.1% 34.4% 174.8%
7 BFUTILITIE BF Utilities ₹520.35 1,960 — 19 -9 -56.8% -48.5% -91.7% -97.8% 2.0% -178.3%
8 BHAGYANGR Bhagyanagar India ₹425.25 1,424 21.7 2,598 62 4.9% 2.4% 46.4% 240.8% 45.2% 167.4%
9 GREENPOWER Orient Green ₹9.21 1,080 16.7 295 67 63.1% 22.7% -18.6% 22.1% 9368.6% 10508.7%
10 DPSCLTD India Power ₹7.07 688 55.0 683 13 0.5% 1.9% 10.1% 82.5% 21.5% 321.4%
11 SURANAT&P Surana Telecom ₹15.57 211 7.0 60 30 -5.1% 50.2% 281.9% -7.7% -15.6% 349.4%
12 INDOWIND Indowind Energy ₹9.05 146 — 37 -0 32.4% -1.3% -92.1% 100.0% -28.1% -18.3%
13 ENERGYDEV Energy Development ₹14.08 67 — 42 -4 54.6% -9.0% 39.4% 100.0% -36.6% -190.6%
14 KARMAENG Karma Energy ₹40.61 47 52.7 10 1 -21.3% 9.0% 12.2% -31.6% 4.7% -27.8%
❓ Frequently asked questions
What was Reliance Power Limited's revenue in Q4 FY26?
Reliance Power Limited reported revenue of ₹1,887 crore for the quarter ended March 2026 (Q4 FY26), down 4.6% from ₹1,978 crore in the same quarter last year, and up 0.7% sequentially over the December 2025 quarter.
What was Reliance Power Limited's net profit in Q4 FY26?
The company reported a net loss of ₹494 crore, against a net loss of ₹101 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-1.19.
What is RPOWER's market capitalisation and P/E ratio?
At the current price of ₹18.69, RPOWER has a market capitalisation of ₹7,730 crore.
Who owns Reliance Power Limited? (shareholding pattern)
As of Sep 2026, promoters held 24.98%, foreign institutional investors (FIIs) 13.46%, domestic institutional investors (DIIs) 4.34%, the government 0.01%, public shareholders 57.21% of Reliance Power Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI