āagman

Not investment advice. Data and computed figures, for information only.

RattanIndia Power Ltd

NSE: RTNPOWER
₹6.51
−₹0.14 (−2.11%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹3,512 Cr
CMP
₹6.51
52-wk High / Low
₹12 / 6
P/E
31.5
P/B
0.8
Book Value
₹8.6
Div Yield
0.00%
ROCE
6.0%
ROE
1.1%
Face Value
₹10
D/E
0.80

Price−43.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹4
√(22.5 × EPS × book value per share)
ROIC
1.9%
vs 5.8% sector median
Cash flow to profit
7.15
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+384
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
1.1%
ROE × earnings retention ratio
ROE stability
94.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.12DII −0.04
Latest quarter vs the previous one
Cash-accrual divergence
−3.3%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 72.6% since FY2016 (13552 to 3711)
+FII holding rose by 5.0pp over the last year
Watch-outs
−Latest ROCE of 6% trails the sector median of 9%
−Price trades below its 200-day moving average (0.8x)
−Price is 44.3% below its 52-week high

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales847796806914932682733936822654728788799
Expenses691685635708743588643724725602601658674
Operating Profit15711117220618994902129752127130125
OPM %18.5%13.9%21.3%22.5%20.3%13.8%12.3%22.6%11.8%8.0%17.4%16.5%15.6%
Other Income89888210,717858991929990996768
Interest6787267192391211241161181481121109186
Depreciation10210510669596061606161616461
Profit before tax−535−632−57210,61593−14126−13−32544346
Net Profit−549−633−58710,66693−14126−13−32544346
EPS (₹)−1.02−1.18−1.0919.860.170.000.010.23−0.02−0.060.100.080.09

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6252,5961,3912,0541,9241,7741,5603,2603,2313,3643,2842,9912,968
Expenses6001,6436781,4991,3721,2669202,4572,4932,7182,6992,5862,534
Operating Profit26953712555551508640803738646585405434
OPM %4.2%36.7%51.2%27.0%28.6%28.6%41.0%24.6%22.8%19.2%17.8%13.5%14.6%
Other Income6181155148−1,1552,8781,074−2832810,976357355324
Interest5461,2041,2381,9542,3042,8052,2412,3422,5122,363479461399
Depreciation190236254400420417416414404382241246247
Profit before tax−649−406−624−1,650−3,328165−942−1,981−1,8498,87622252111
Net Profit−664−432−631−1,663−3,328165−942−1,981−1,8708,89722252111
EPS (₹)−2.25−1.46−2.13−5.63−11.240.33−1.75−3.69−3.4816.570.410.100.21

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital2,9532,8452,8452,9452,9534,9405,3705,3705,3705,3705,3705,370—
Reserves2,1441,9021,223−447−3,711−4,510−5,995−8,032−9,903−1,006−785−732—
Borrowings12,21613,55214,70214,63313,87112,51012,25511,54711,0183,5623,6153,711—
Other Liabilities1,3722,2252,4204,2386,3286,1566,9858,77310,8871,6401,5961,265—
Total Liabilities18,68420,52521,19121,37019,44119,09518,61517,65817,3729,5669,7969,613—
Fixed Assets8,7959,26810,79315,01114,59214,41013,99513,38113,0516,4126,2536,103—
CWIP6,6746,6596,3392,2832,3541,5841,5741,1421,110676521—
Investments2007010193275048000—
Other Assets3,1954,5983,9884,0662,3012,8263,0463,1313,2033,0873,4783,489—
Total Assets18,68420,52521,19121,37019,44119,09518,61517,65817,3729,5669,7969,613—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−185111,2062158366107369341,0151,306410372
Cash from Investing Activity−237−108−493−107−161−9110159−5−4628766
Cash from Financing Activity372169−722−235−801−476−795−956−977−902−440−605
Net Cash Flow−4971−9−127−12744423733−5857−168

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %−1.04.03.02.02.02.011.08.09.08.09.06.0
ROE %———————————1.1
EPS (₹)−2.25−1.46−2.13−5.63−11.240.33−1.75−3.69−3.4816.570.410.10
Book Value (₹)———————————8.6
Face Value (₹)———————————10
P/E———————————31.5
Div Yield %———————————0.00
NPM %−96.8−16.1−40.8−75.5−432.83.5−35.8−61.3−52.562.06.11.6
OPM %4.137.051.027.029.029.041.025.023.019.018.014.0
D/E2.402.853.615.86—29.09———0.820.790.80
P/B———————————0.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+1.0%
5 years+14.0%
3 years−3.0%
TTM−6.0%
Compounded profit growth
10 years+8.0%
5 years+16.0%
3 years+27.0%
TTM−4.0%
Stock price CAGR
10 years−3.0%
5 years+9.0%
3 years−2.0%
Last year−43.0%
Return on equity
Last year1.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters57.49%57.49%54.10%53.08%39.33%44.19%44.06%44.06%44.06%44.06%44.06%44.06%
FIIs16.12%16.12%16.27%16.78%9.34%0.16%0.21%0.30%2.04%5.25%5.13%5.25%
DIIs0.58%0.58%0.69%1.04%16.48%15.15%13.42%7.20%6.61%6.65%6.62%6.58%
Government————————————
Public25.82%25.82%28.94%29.09%34.84%40.50%42.31%48.44%47.29%44.03%44.20%44.10%
No. of shareholders1,37,0991,37,0991,59,8081,55,1021,52,7762,34,7836,47,5696,91,51313,22,74519,73,22419,43,75619,11,791
Change since Jun 2023 (pp)
Promoters −13.43FIIs −10.87DIIs +6.00Public +18.28

Documents

As of 11 Oct 2026
Announcements
Disclosure Under Regulation 30 Read With Para B Of Part A Of Schedule III Of The SEBI (LODR) Regulations, 2015.Closure of Trading WindowShareholder Meeting / Postal Ballot-Outcome of AGMAnnouncement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSummary Of Proceedings Of 19Th Annual General Meeting ('AGM')
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jun 2026PPTJan 2025PPTJun 2024TranscriptJun 2024PPT

Corporate actions

Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman