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Market Cap

₹49.4b

Last Updated

2021/09/16 04:42 UTC

Data Sources

Company Financials

Executive Summary

Reliance Power Limited, together with its subsidiaries, engages in the generation of power in India. More Details


Snowflake Analysis

Fair value with questionable track record.


Similar Companies

Share Price & News

How has Reliance Power's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532939 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 532939's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

9.5%

532939

5.8%

IN Renewable Energy

1.6%

IN Market


1 Year Return

394.2%

532939

83.7%

IN Renewable Energy

59.4%

IN Market

Return vs Industry: 532939 exceeded the Indian Renewable Energy industry which returned 72.8% over the past year.

Return vs Market: 532939 exceeded the Indian Market which returned 57% over the past year.


Shareholder returns

532939IndustryMarket
7 Day9.5%5.8%1.6%
30 Day39.2%11.5%7.4%
90 Day-10.5%13.4%12.8%
1 Year394.2%394.2%92.3%83.7%61.7%59.4%
3 Year-53.9%-53.9%42.9%25.9%55.5%47.8%
5 Year-71.9%-71.9%48.2%24.4%97.1%82.1%

Long-Term Price Volatility Vs. Market

How volatile is Reliance Power's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Reliance Power undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 532939 (₹14.53) is trading below our estimate of fair value (₹131.47)

Significantly Below Fair Value: 532939 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 532939 is poor value based on its PE Ratio (22.9x) compared to the Indian Renewable Energy industry average (11.4x).

PE vs Market: 532939 is poor value based on its PE Ratio (22.9x) compared to the Indian market (19.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532939's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532939 is good value based on its PB Ratio (0.4x) compared to the IN Renewable Energy industry average (0.8x).


Future Growth

How is Reliance Power forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.9%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reliance Power has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Reliance Power performed over the past 5 years?

-52.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532939 has a large one-off gain of ₹2.9B impacting its June 30 2021 financial results.

Growing Profit Margin: 532939 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 532939 has become profitable over the past 5 years, growing earnings by -52.7% per year.

Accelerating Growth: 532939 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 532939 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-11.2%).


Return on Equity

High ROE: 532939's Return on Equity (3.2%) is considered low.


Financial Health

How is Reliance Power's financial position?


Financial Position Analysis

Short Term Liabilities: 532939's short term assets (₹57.2B) do not cover its short term liabilities (₹159.3B).

Long Term Liabilities: 532939's short term assets (₹57.2B) do not cover its long term liabilities (₹210.4B).


Debt to Equity History and Analysis

Debt Level: 532939's debt to equity ratio (149.3%) is considered high.

Reducing Debt: 532939's debt to equity ratio has reduced from 163.6% to 149.3% over the past 5 years.

Debt Coverage: 532939's debt is well covered by operating cash flow (20.1%).

Interest Coverage: 532939's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Dividend

What is Reliance Power current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532939's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532939's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532939's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532939's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532939 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532939's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Murli Purohit (50 yo)

0.083

Tenure

₹4,818,564

Compensation

Mr. Murli Manohar Purohit has been the Compliance Officer and Company Secretary of Reliance Power Limited since June 8, 2017 and serves as its Vice President. He serves as Manager at of Reliance Power Limi...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Murli's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Insufficient data to compare Murli's compensation with company performance.


Leadership Team

Experienced Management: 532939's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: 532939's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.2%.


Top Shareholders

Company Information

Reliance Power Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reliance Power Limited
  • Ticker: 532939
  • Exchange: BSE
  • Founded: 1995
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: ₹49.404b
  • Shares outstanding: 3.40b
  • Website: https://www.reliancepower.co.in

Number of Employees


Location

  • Reliance Power Limited
  • Reliance Centre
  • Ground Floor
  • Mumbai
  • Maharashtra
  • 400 001
  • India

Listings


Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:42
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.