Financials Reliance Power Limited Bombay S.E.

Equities

RPOWER

INE614G01033

Independent Power Producers

Market Closed - Bombay S.E. 06:29:17 2024-04-26 am EDT 5-day change 1st Jan Change
27.67 INR +0.58% Intraday chart for Reliance Power Limited -1.32% +18.91%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 101,265 31,838 3,506 12,202 45,902 37,165
Enterprise Value (EV) 1 409,096 331,482 288,702 265,114 270,295 242,673
P/E ratio 9.79 x -1.08 x -0.09 x 5.34 x -7.2 x -7.36 x
Yield - - - - - -
Capitalization / Revenue 1.03 x 0.39 x 0.05 x 0.15 x 0.61 x 0.49 x
EV / Revenue 4.16 x 4.04 x 3.75 x 3.34 x 3.6 x 3.22 x
EV / EBITDA 8.58 x 8.03 x 8.09 x 5.65 x 9.24 x 11.5 x
EV / FCF 67.9 x 9.43 x 32.3 x 18.8 x 12.4 x 19.3 x
FCF Yield 1.47% 10.6% 3.1% 5.31% 8.05% 5.18%
Price to Book 0.45 x 0.18 x 0.03 x 0.1 x 0.37 x 0.32 x
Nbr of stocks (in thousands) 2,805,126 2,805,126 2,805,126 2,805,126 3,400,126 3,735,206
Reference price 2 36.10 11.35 1.250 4.350 13.50 9.950
Announcement Date 8/26/18 9/6/19 5/30/20 8/23/21 6/10/22 7/6/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 98,398 82,013 77,032 79,340 75,031 75,427
EBITDA 1 47,694 41,294 35,695 46,962 29,258 21,083
EBIT 1 38,747 31,041 25,846 25,276 16,508 8,645
Operating Margin 39.38% 37.85% 33.55% 31.86% 22% 11.46%
Earnings before Tax (EBT) 1 12,313 -29,382 -42,317 4,122 -5,214 -2,974
Net income 1 10,348 -29,518 -40,766 2,286 -6,059 -4,708
Net margin 10.52% -35.99% -52.92% 2.88% -8.08% -6.24%
EPS 2 3.689 -10.52 -14.53 0.8150 -1.876 -1.353
Free Cash Flow 1 6,023 35,143 8,945 14,075 21,746 12,581
FCF margin 6.12% 42.85% 11.61% 17.74% 28.98% 16.68%
FCF Conversion (EBITDA) 12.63% 85.1% 25.06% 29.97% 74.32% 59.67%
FCF Conversion (Net income) 58.21% - - 615.62% - -
Dividend per Share - - - - - -
Announcement Date 8/26/18 9/6/19 5/30/20 8/23/21 6/10/22 7/6/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 307,831 299,644 285,195 252,911 224,394 205,508
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.454 x 7.256 x 7.99 x 5.385 x 7.669 x 9.748 x
Free Cash Flow 1 6,023 35,143 8,945 14,075 21,746 12,581
ROE (net income / shareholders' equity) 4.72% -15.3% -27.8% 3.16% -4.05% -2.71%
ROA (Net income/ Total Assets) 3.79% 3.23% 2.9% 3.03% 2.05% 1.1%
Assets 1 272,713 -914,839 -1,405,915 75,349 -295,379 -428,479
Book Value Per Share 2 80.10 61.90 42.30 43.70 36.70 31.00
Cash Flow per Share 2 2.080 0.1000 0.4500 0.5100 0.4800 0.6400
Capex 1 4,597 486 21,104 1,340 2,681 3,845
Capex / Sales 4.67% 0.59% 27.4% 1.69% 3.57% 5.1%
Announcement Date 8/26/18 9/6/19 5/30/20 8/23/21 6/10/22 7/6/23
1INR in Million2INR
Estimates
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