India Power Corporation Limited, together with its subsidiaries, generates and distributes electricity in India.
Excellent balance sheet average dividend payer.
Share Price & News
How has India Power's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DPSCLTD's share price has been volatile over the past 3 months.
7 Day Return
IN Electric Utilities
1 Year Return
IN Electric Utilities
Return vs Industry: DPSCLTD underperformed the Indian Electric Utilities industry which returned 6.5% over the past year.
Return vs Market: DPSCLTD underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is India Power's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDespite Its High P/E Ratio, Is India Power Corporation Limited (NSE:DPSCLTD) Still Undervalued?
1 month ago | Simply Wall StDoes India Power's (NSE:DPSCLTD) Statutory Profit Adequately Reflect Its Underlying Profit?
1 month ago | Simply Wall StIndia Power (NSE:DPSCLTD) Has A Somewhat Strained Balance Sheet
Is India Power undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DPSCLTD (₹6.4) is trading above our estimate of fair value (₹0.42)
Significantly Below Fair Value: DPSCLTD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DPSCLTD is poor value based on its PE Ratio (23.4x) compared to the Electric Utilities industry average (10.5x).
PE vs Market: DPSCLTD is poor value based on its PE Ratio (23.4x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DPSCLTD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DPSCLTD is good value based on its PB Ratio (0.5x) compared to the IN Electric Utilities industry average (1x).
How is India Power forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 India 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.
- Examine India Power's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- India Power competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has India Power performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DPSCLTD has high quality earnings.
Growing Profit Margin: DPSCLTD's current net profit margins (4.8%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: DPSCLTD's earnings have declined by -13.7% per year over the past 5 years.
Accelerating Growth: DPSCLTD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DPSCLTD had negative earnings growth (-25.2%) over the past year, making it difficult to compare to the Electric Utilities industry average (12.8%).
Return on Equity
High ROE: DPSCLTD's Return on Equity (2%) is considered low.
Return on Assets
Return on Capital Employed
How is India Power's financial position?
Financial Position Analysis
Short Term Liabilities: DPSCLTD's short term assets (₹7.2B) exceed its short term liabilities (₹5.7B).
Long Term Liabilities: DPSCLTD's short term assets (₹7.2B) exceed its long term liabilities (₹5.7B).
Debt to Equity History and Analysis
Debt Level: DPSCLTD's debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: DPSCLTD's debt to equity ratio has reduced from 46.6% to 38.1% over the past 5 years.
Debt Coverage: DPSCLTD's debt is well covered by operating cash flow (36.5%).
Interest Coverage: DPSCLTD's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Inventory Level: DPSCLTD has a high level of physical assets or inventory.
Debt Coverage by Assets: DPSCLTD's debt is covered by short term assets (assets are 1.6x debt).
What is India Power's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: DPSCLTD's dividend (0.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: DPSCLTD's dividend (0.78%) is low compared to the top 25% of dividend payers in the Indian market (2.52%).
Stability and Growth of Payments
Stable Dividend: DPSCLTD's dividends per share have been stable in the past 10 years.
Growing Dividend: DPSCLTD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.3%), DPSCLTD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sanjeev Seth (53yo)
Mr. Sanjeev Seth has been Chief Executive Officer at India Power Corporation Limited since September 1, 2017. Mr. Seth served as the President of Transmission & Distribution at India Power Corporation Limi ...
CEO Compensation Analysis
Compensation vs Market: Sanjeev's total compensation ($USD116.01K) is above average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Sanjeev's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||2.4yrs||₹8.30m||no data|
|Group President||0yrs||no data||no data|
|MD & Additional Director||2.7yrs||₹13.44m||no data|
|Chief Financial Officer||1yrs||₹3.23m||no data|
|Compliance Officer & Company Secretary||4.5yrs||₹3.69m||no data|
|Group Head of New Initiatives||0yrs||₹3.16m||no data|
|President of Renewable Business||0yrs||no data||no data|
|President of Business Development & Strategy||0yrs||no data||no data|
|Vice President of Risk & Audit||0yrs||no data||no data|
|Vice President of Legal||0yrs||no data||no data|
Experienced Management: DPSCLTD's management team is considered experienced (2.5 years average tenure).
|MD & Additional Director||2.7yrs||₹13.44m||no data|
|Non-Executive Independent Director||6.8yrs||₹595.00k||no data|
|Non-Executive Chairman||10.1yrs||₹240.00k||no data|
|Non-Executive Independent Director||10.1yrs||₹660.00k||no data|
|Non-Executive Non-Independent Director||10.1yrs||₹245.00k||no data|
|Non-Executive Independent Director||10yrs||₹690.00k||no data|
|Non-Executive Independent Director||10.1yrs||₹645.00k||no data|
|Non-Executive Independent Director||4.9yrs||₹550.00k||no data|
Experienced Board: DPSCLTD's board of directors are seasoned and experienced ( 10 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
India Power Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: India Power Corporation Limited
- Ticker: DPSCLTD
- Exchange: NSEI
- Founded: 1919
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₹6.330b
- Shares outstanding: 973.79m
- Website: https://www.indiapower.com
- India Power Corporation Limited
- Plot X1- 2&3
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DPSCLTD||NSEI (National Stock Exchange of India)||Yes||Ordinary Shares||IN||INR||Apr 2008|
India Power Corporation Limited, together with its subsidiaries, generates and distributes electricity in India. The company operates 35.2 MW of wind assets in Gujarat and Karnataka; 2 MW of solar asset in West Bengal; and coal fired thermal power plants of 12 MW in Asansol, West Bengal, as well as 1000 MW in Nellore, Andhra Pradesh. It also has a distribution license of approximately 618 square kilometers in Asansol–Raniganj area of West Bengal. In addition, the company offers consultancy, operation, and maintenance services. It serves government utilities and hospitals, as well as industrial, commercial, and residential consumers. The company was formerly known as DPSC Limited and changed its name to India Power Corporation Limited in August 2013. India Power Corporation Limited was founded in 1919 and is headquartered in Kolkata, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:57|
|End of Day Share Price||2020/02/17 00:00|
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.