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NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
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GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
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RattanIndia Power Limited

RattanIndia Power Limited

NSE: RTNPOWER
Utilities - Independent Power ProducersUtilitiesSMALL CAPMCap ₹3.51k Cr
₹6.54₹0.11 (+1.71%)

Market Closed • NSE

Market cap₹3.51k Cr
Enterprise value₹6.91k Cr
P/E TTM31.14
P/B0.76
EPS TTM₹0.21
D/E0.80
Dividend yield0.00%
52W high₹11.94
52W low₹6.35
Price chart(1Y)
1Y Return:-32.85% (₹3.20)
H: ₹10.05L: ₹6.35
1W-2.82%
1M-9.79%
3M-26.35%
6M-32.44%
1Y-43.03%
Today at a glance

Day range

₹6.35₹6.59

52 week range

₹6.35₹11.94
Volume10.76M0.76x 20D avg
Free float50.00%-23.70% volume

RattanIndia Power Limited closed at INR6.54 (+1.71%) on volume 0.76x its 20-day average, trading 45.23% below its 52-week high.

Technical analysis
RSI (14)25.7Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹0.20High
SMA 20₹6.92BEARISH
SMA 50₹7.58BEARISH
SMA 100₹8.35BEARISH
SMA 200₹8.63BEARISH
CPR bottom₹6.54
Pivot₹6.51
CPR top₹6.47
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -21% QoQ

2023-09-22

AGM Announced

Annual General Meeting

2022-09-22

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹3.71k Cr₹3.51k Cr105.66%≤ 33%FAIL
Non-halal income ratio–₹2.99k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹9.60k Cr₹9.61k Cr99.89%≥ 20%PASS
Receivables ratio–₹9.61k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E31.1420.50
Forward P/E——
P/B0.761.80
EV/EBITDA—18.00
PEG—1.50
Earnings yield3.204.90
Growth & profitability
RevenuePAT
FY23PAT margin -57.90%
FY24PAT margin 264.50%
FY25PAT margin 6.80%
FY26PAT margin 1.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-2.50%
Revenue CAGR 5Y—
PAT CAGR 3Y—
PAT CAGR 5Y—
Operating margin8.00%
Net margin3.75%
Financial health & cash flow
Net debt₹3.70k CrModerate
Interest coverage0.30xEBIT / interest
CFO / PAT0.23x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹372.2 Cr
Capital expenditure–
Free cash flow₹294.3 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall48/100
Valuation50/100
Profitability50/100
Financial health45/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Established operational history in the sector

Active institutional participation

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Bull case

Market Leadership: Established operational scale in Utilities - Independent Power Producers.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—22 Sept 2023
—Annual General MeetingAnnual General Meeting—22 Sept 2022
—Annual General MeetingAnnual General Meeting—13 Sept 2021
—Annual General MeetingAnnual General Meeting—18 Sept 2020
—Annual General MeetingAnnual General Meeting—16 Sept 2019
—Annual General MeetingAnnual General Meeting—19 Sept 2018
—Annual General MeetingAnnual General Meeting—11 Sept 2017
—Annual General MeetingAnnual General Meeting—22 Sept 2016
—Annual General MeetingAnnual General Meeting—22 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)44.33%+1.55% latest vs average
Highest delivery55.94%on 11 Sept
Average volume (20D)14.84MTrading-session average
Conviction trendStrengthening+1.55% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.64L25.580.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.03L10.903.99%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.32L14.573.68%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.07L120.290.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.54L51.930.00%₹9,711.00₹1,237.00+42.41%+129.50%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.10L74.200.13%₹2,485.60₹440.90+39.28%+67.83%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.10L11.093.28%₹41,198.00₹4,671.00+16.67%+96.10%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.09L28.350.74%₹19,051.00₹1,401.00+5.63%+11.01%
About RattanIndia Power Limited
RattanIndia Power Limited

RattanIndia Power Limited, together with its subsidiary, Poena Power Development Limited, engages in power generation, distribution, trading and transmission, and other ancillary and incidental activities in India. It generates electricity through coal-based thermal power plants with an installed capacity of 2,700 MW located in Amravati and Nasik cities. The company also trades electricity in the open market. The company was formerly known as Indiabulls Power Limited and changed its name to RattanIndia Power Limited in October 2014. RattanIndia Power Limited was incorporated in 2007 and is based in New Delhi, India.

IndiaUtilities

Questions investors ask
Is RattanIndia Power Limited Shariah compliant?

RattanIndia Power Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (105.66%) exceeds AAOIFI threshold (≤ 33%).

What is RattanIndia Power Limited's current valuation relative to peers?

RattanIndia Power Limited trades at a P/E of 31.1x compared to the sector median of 20.5x, and a Price-to-Book of 0.8x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.80x. Interest coverage is 0.3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.