Reliance Power (RPOWER)₹18.80+0.70%Power Generation
In the Jun 2026 quarter (consolidated), Reliance Power reported sales of ₹1,962 Cr, up 3.8% from Jun 2025, and net profit of ₹64.86 Cr, up 44.3% year on year. For the year to Mar 2026, sales were ₹7,647 Cr and net profit −₹336 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,046 | 1,950 | 2,004 | 2,000 | 1,765 | 1,859 | 1,986 | 1,891 | 1,980 | 1,878 | 1,894 | 1,962 |
| Expenses | 1,313 | 2,298 | 1,806 | 1,339 | 1,379 | 1,357 | 1,383 | 1,317 | 1,352 | 1,266 | 1,306 | 1,390 |
| Operating Profit | 721 | −364 | 186 | 651 | 376 | 492 | 590 | 566 | 619 | 605 | 576 | 562 |
| OPM % | 34.9% | −19.1% | 9.0% | 32.9% | 20.9% | 26.9% | 29.9% | 29.9% | 30.9% | 31.9% | 30.9% | 28.9% |
| Other Income | 117 | 174 | 174 | 76.78 | 3,420 | 306 | 87.71 | 139 | 92.64 | 76.74 | −322 | 146 |
| Interest | 718 | 604 | 519 | 553 | 564 | 546 | 400 | 427 | 396 | 372 | 476 | 388 |
| Depreciation | 259 | 258 | 287 | 250 | 243 | 204 | 211 | 207 | 208 | 210 | 205 | 207 |
| Profit before tax | −138 | −1,050 | −445 | −73.12 | 3,009 | 50.12 | 67.10 | 72.14 | 108 | 100 | −427 | 116 |
| Tax % | 72.0% | 7.9% | −10.1% | 34.0% | 4.0% | 15.9% | −87.1% | 38.0% | 18.9% | 74.9% | 15.9% | 43.9% |
| Exceptional items | 38.13 | 120 | −20.06 | 0.00 | 3,115 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −321 | 0.00 |
| Net Profit | −237 | −1,134 | −397 | −97.86 | 2,871 | 41.92 | 126 | 44.94 | 86.76 | 24.96 | −493 | 64.86 |
| EPS (Rs) | −0.63 | −3.03 | −1.00 | −0.23 | 7.17 | 0.09 | 0.30 | 0.10 | 0.22 | 0.05 | −1.18 | 0.15 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,339 | 10,434 | 9,620 | 8,235 | 7,591 | 7,956 | 7,524 | 7,544 | 7,919 | 7,613 | 7,647 | 7,714 |
| Expenses | 5,869 | 5,868 | 5,187 | 4,254 | 4,524 | 4,344 | 4,755 | 5,611 | 6,715 | 5,420 | 5,237 | 5,314 |
| Operating Profit | 4,414 | 4,511 | 4,395 | 3,935 | 3,027 | 3,574 | 2,737 | 1,886 | 1,161 | 2,141 | 2,364 | 2,361 |
| OPM % | 42.9% | 42.9% | 45.9% | 47.9% | 39.9% | 44.9% | 35.9% | 24.9% | 15.0% | 27.9% | 30.9% | 30.6% |
| Other Income | 322 | 494 | 275 | −2,813 | −3,373 | 485 | 191 | 1,291 | 497 | 3,858 | −13.95 | −5.91 |
| Interest | 2,691 | 2,853 | 2,933 | 3,214 | 3,062 | 2,545 | 2,728 | 2,512 | 2,459 | 2,063 | 1,672 | 1,632 |
| Depreciation | 700 | 734 | 759 | 837 | 836 | 1,083 | 1,076 | 1,017 | 1,062 | 910 | 829 | 829 |
| Profit before tax | 1,357 | 1,428 | 987 | −2,939 | −4,257 | 440 | −873 | −340 | −1,859 | 3,053 | −145 | −102 |
| Tax % | 33.9% | 22.9% | 14.9% | 1.0% | 1.0% | −3.0% | 5.0% | 18.9% | 11.9% | 3.0% | 131.9% | — |
| Exceptional items | 3.01 | 4.01 | −6.02 | −3,099 | −3,981 | 5.02 | 1.01 | 957 | −36.11 | 3,308 | −191 | −321 |
| Net Profit | 892 | 1,102 | 838 | −2,945 | −4,264 | 453 | −913 | −402 | −2,064 | 2,943 | −336 | −316 |
| EPS (Rs) | 3.18 | 3.93 | 2.99 | −10.51 | −14.52 | 0.81 | −2.83 | −1.25 | −5.16 | 7.33 | −0.80 | −0.76 |
| Dividend payout % | 31.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,797 | 2,798 | 2,799 | 2,797 | 2,796 | 2,795 | 2,796 | 3,389 | 3,724 | 4,003 | 4,003 | 4,124 |
| Reserves | 17,802 | 17,407 | 18,539 | 18,402 | 14,541 | 9,042 | 9,421 | 8,342 | 7,844 | 7,576 | 12,290 | 11,884 |
| Borrowings | 33,223 | 33,799 | 32,921 | 31,680 | 30,417 | 28,753 | 25,599 | 23,100 | 21,215 | 18,735 | 15,124 | 14,800 |
| Other Liabilities | 8,136 | 9,949 | 9,825 | 9,198 | 10,196 | 12,610 | 12,839 | 14,847 | 15,629 | 13,314 | 9,746 | 10,391 |
| Total Liabilities | 61,959 | 63,953 | 64,084 | 62,077 | 57,949 | 53,199 | 50,656 | 49,678 | 48,411 | 43,627 | 41,164 | 41,199 |
| Fixed Assets | 33,512 | 34,388 | 34,724 | 34,744 | 35,751 | 38,411 | 37,035 | 36,155 | 35,629 | 33,438 | 31,728 | 30,832 |
| CWIP | 15,559 | 7,398 | 7,421 | 6,924 | 4,281 | 3,620 | 1,916 | 2,025 | 2,323 | 1,296 | 1,389 | 1,724 |
| Investments | 860 | 871 | 798 | 280 | 224 | 29.95 | 35.98 | 36.95 | 38.95 | 209 | 173 | 142 |
| Other Assets | 12,029 | 21,295 | 21,141 | 20,129 | 17,694 | 11,138 | 11,669 | 11,462 | 10,421 | 8,685 | 7,874 | 8,501 |
| Inventories | 1,047 | 1,124 | 1,030 | 730 | 1,012 | 1,014 | 874 | 827 | 926 | 961 | 927 | 1,016 |
| Trade receivables | 2,901 | 3,516 | 2,980 | 2,470 | 2,731 | 2,359 | 2,403 | 3,203 | 2,674 | 1,646 | 1,517 | 1,307 |
| Cash & equivalents | 1,168 | 1,674 | 956 | 914 | 271 | 284 | 314 | 642 | 649 | 916 | 971 | 1,702 |
| Total Assets | 61,959 | 63,953 | 64,084 | 62,077 | 57,949 | 53,199 | 50,656 | 49,678 | 48,411 | 43,627 | 41,164 | 41,199 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1,396 | 4,565 | 4,694 | 4,356 | 4,208 | 4,530 | 4,137 | 3,603 | 4,010 | 3,164 | 1,934 | 2,818 |
| Cash from investing activity | −3,627 | −1,348 | −2,140 | 354 | 59.97 | −247 | 486 | 284 | −354 | −192 | 451 | −212 |
| Cash from financing activity | 695 | −3,194 | −3,388 | −4,306 | −4,835 | −4,201 | −4,611 | −3,847 | −3,620 | −2,732 | −2,433 | −1,826 |
| Net cash flow | −1,530 | 31.91 | −824 | 406 | −554 | 95.63 | 18.92 | 47.80 | 45.81 | 247 | −45.87 | 782 |
| Capex | 2,173 | 2,039 | 603 | 462 | 49.15 | 546 | 135 | 197 | 385 | 0.00 | 0.00 | 116 |
| Free cash flow | −763 | 2,548 | 4,139 | 3,928 | 4,191 | 4,007 | 4,026 | 3,426 | 3,648 | 3,233 | 2,097 | 2,716 |
| CFO / OP % | 54.1% | 109.1% | 106.1% | 104.1% | 108.1% | 154.1% | 117.1% | 134.1% | 216.1% | 277.1% | 92.1% | 122.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 153 | 124 | 104 | 93 | 121 | 113 | 110 | 155 | 129 | 75 | 72 | 62 |
| Cash conversion cycle | 155 | 126 | 106 | 95 | 123 | 115 | 112 | 157 | 131 | 77 | 74 | 64 |
| Working capital days | −209 | −162 | −158 | −209 | −567 | −551 | −485 | −622 | −682 | −661 | −310 | −348 |
| ROCE % | 5.0% | 7.0% | 8.0% | 7.0% | 7.0% | 6.0% | 7.0% | 5.0% | 3.0% | 1.0% | 6.0% | 6.0% |
For the Jun 2026 quarter, Reliance Power reported sales of ₹1,962 Cr, up 3.8% year on year and net profit of ₹64.86 Cr, up 44.3% year on year. The operating margin was 28.9%.
Reliance Power's sales for the year to Mar 2026 were ₹7,647 Cr; over the last twelve months they were ₹7,714 Cr.
Net profit for the year to Mar 2026 was −₹336 Cr, and −₹316 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.76.
Reliance Power reported borrowings of ₹14,800 Cr at Mar 2026, against cash and equivalents of ₹1,702 Cr.
Cash from operations was ₹2,818 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2,716 Cr.