power

Reliance Power

RPOWER · Nifty 50

26.85

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionpower sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score55/100 (ADEQUATE). 1 positive flags, 3 concerns.
Historical Context59 similar technical setups. Average outcome: -13.2% decline. 0% positive.

Fundamental

55/100

ADEQUATE

Trust

95/100

Verification

Coverage

33/100

LIMITED

Quick Take

Reliance Power scores 55/100 on fundamentals (adequate). Reliance Power: BROAD EXPANSION regime.

Fundamental Score: 55/100 · ADEQUATE · 1 signals detected

DuPont Analysis

ROE -2.1% broken into three drivers. Each shows how efficiently the company generates returns.

ROE-2.1%=
-4.4%Net Margin
×
0.2xTurnover
×
2.6xLeverage

ROE of -2.1% is modest margin-driven and stable. Net margin of -4.4% × asset turnover of 0.18x × leverage of 2.6x.

What This Means

Net margin of -4.4% means the company keeps ₹-4.4 as profit for every ₹100 of revenue. This is a low-margin business. Asset turnover of 0.18x means the company generates ₹0.18 of revenue for every ₹1 of assets. This is a capital-heavy business. Leverage of 2.6x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

50.1%

Operating

20.0%

Net

-4.4%

declining

Gross margin 50.1% → operating margin 20.0% → net margin -4.4%. Margins are DECLINING. Check if input costs are rising or competition is pressuring pricing.

Financial Health

Earnings Quality

WEAK

Cash flow only covers -84.4x of net income — earnings quality is WEAK. Profit may not be converting to cash. Check receivables and inventory.

Debt Sustainability

STRETCHED

Interest covered only 0.9x — stretched. Rising rates could pressure profitability. Debt/EBITDA at 6.3x is high — monitor leverage.

Free Cash Flow

STRONG

FCF margin at 371.5% — strong cash generation. Business is self-funding.

Peer Comparison

Reliance Power is compared against 8 peers in the power sector.

Key Watchpoints

🟢

Breaks above ₹28 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹26 (-5%)

Further downside risk

🟢

Power sector entering leadership

Sector rotation signal

Detected Patterns

⚠️ Low Earnings Quality: Cash flow only -84.4x earnings — weak cash conversion

Risk Flags

🔴 2 Critical⚠️ 1 Warning1 Positive4 total flags
🔴Unusual items are 113% of net income
Earnings Quality

One-off items significantly inflating reported profit. Core earnings may be much lower.

🔴Cash covers only 12% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

⚠️Special charges present in income statement
Earnings Quality

Special charges of ₹382K Cr. May indicate restructuring, impairment, or one-time costs.

Price/Sales: 1.4x — reasonable revenue multiple
Valuation

Company not overvalued on revenue basis.

🔴 2 CRITICAL flags — significant concerns. Investigate before investing.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
Our margin analysis (declining) matches news reports of cost/margin pressure

50 articles scanned for fundamental themes

Facts

P/B Ratio
0.7HIGH
Market Cap
₹1100528.7L CrHIGH
From 52W High
38% of high
Sector Peers
8
Reliance Power Stock Analysis, Valuation, Fundamentals & Intelligence | FynSight