- Total income
- ₹11,488 Cr
- Profit
- ₹2,948 Cr

About Reliance Power Limited
Data last updated:
Reliance Power Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 17 January 1995 and has been in existence for over 31 years.
Reliance Power is ranked #236 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L40101MH1995PLC084687. Its GSTIN is 27AAACR2365L1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 532939 and NSE: RPOWER.
The company has an authorised share capital of ₹16,000 Cr and a paid-up capital of ₹4,135.77 Cr. It was formerly known as Reliance Energy Generation Limited. It is led by directors including Neeraj Parakh (Whole-Time Director) and Vijay Kumar Sharma.
Its last annual general meeting (AGM) was held on 14 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹7,619.71 Cr, a growth of 0.5% compared to the previous year. For the same year it recorded a net loss of ₹146.06 Cr (net margin -1.9%) and EBITDA of ₹1,981.58 Cr (EBITDA margin 26%). The net worth stands at ₹16,039 Cr (down 1.8% YoY). Total assets are valued at ₹33,378 Cr (down 2% YoY).
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 27 subsidiaries.
The company is associated with 2 brands: V3Mobi and Reliance Power. As per MCA filings, the company has open charges of ₹22,502 Cr and satisfied charges of ₹12,676 Cr on record. Court records list 168 cases involving the company, including 38 filed by the company and 130 filed against it; 58 cases are pending. The company has 148 deals on record (140 market trades, 4 funding rounds, 2 debt financings), with disclosed funding of ₹9,530.75 Cr; the latest was in June 2025. Its 10 peer companies in the Cleantech industry (Solar Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Adani Power (Mundra) Limited with revenue of ₹10,096 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 6 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliancepower.co.in.
Company details
CIN history
Reliance Power has one previous CIN (Corporate Identification Number): U40101MH1995PLC084687. The current CIN is L40101MH1995PLC084687, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40101MH1995PLC084687 | Current |
| U40101MH1995PLC084687 | Previous |
Recognitions & Rankings of Reliance Power
- Valuation
- ₹17,820 Cr
Contact details
Reliance Power Limited's registered office is in Mumbai, Maharashtra. Its website is reliancepower.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressReliance Centre Ground Floor 19 Walchand Hirachand Marg Ballard Est, Ate, Mumbai, Maharashtra, India – 400001
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Reliance Power Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Reliance Power operates two associated brands: V3Mobi and Reliance Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a mobile-based platform for video content creation and distribution. | v3mobi.com | |
| Developer of solar energy projects | reliancepower.co.in |
Financials of Reliance Power Limited
FY 2025-26 filings availableReliance Power Limited reported revenue of ₹7,619.71 Cr (up 0.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,620 | 7,583 | 7,893 | 7,514 | 7,503 | 7,934 | 7,562 |
| Revenue growth | +0.5% | -3.9% | +5.0% | +0.1% | -5.4% | +4.9% | - |
| EBITDA | 1,982 | 2,108 | (769) | 1,805 | 2,735 | 3,575 | (998) |
| EBITDA margin | +26.0% | +27.8% | -9.7% | +24.0% | +36.5% | +45.1% | -13.2% |
| Profit before tax | (145) | 3,048 | (1,854) | (339) | (871) | 439 | (4,248) |
| Net profit | (146) | (351) | (2,033) | (1,424) | (965) | 224 | (111) |
| Net profit margin | -1.9% | -4.6% | -25.8% | -19.0% | -12.9% | +2.8% | -1.5% |
| EPS (₹) | (0.81) | 7.34 | (5.15) | (1.26) | (2.84) | 0.82 | (14.53) |
| Balance sheet | |||||||
| Total assets | 33,378 | 34,059 | 32,804 | 36,923 | 38,585 | 41,451 | 44,055 |
| Net worth | 16,039 | 16,337 | 11,614 | 11,595 | 11,764 | 12,246 | 11,869 |
| Total debt | 14,812 | 15,153 | 18,766 | 21,236 | 23,129 | 25,635 | 28,804 |
| Cash & bank | 1,705 | 973 | 918 | 651 | 644 | 315 | 284 |
| Net working capital | (706) | (554) | (4,028) | (4,388) | (3,232) | (1,434) | (2,187) |
| Cash flow | |||||||
| Cash from operations | 2,824 | 1,938 | 3,174 | 4,024 | 3,613 | 4,149 | 4,543 |
| Cash from investing | (212) | 451 | (192) | (354) | 284 | 486 | (247) |
| Cash from financing | (1,828) | (2,435) | (2,734) | (3,623) | (3,849) | (4,615) | (4,200) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,956 | 1,887 | 1,873 | 1,974 | 1,886 | 1,978 | 1,853 | 1,760 |
| Revenue growth (YoY) | +3.8% | -4.6% | +1.1% | +12.2% | -5.4% | - | - | - |
| Other income | 147 | 59.07 | 76.94 | 93.07 | 140 | 87.63 | 307 | 3,433 |
| EBITDA | 562 | 195 | 604 | 618 | 565 | 590 | 492 | 376 |
| EBITDA margin | +28.7% | +10.3% | +32.3% | +31.3% | +30.0% | +29.8% | +26.5% | +21.4% |
| Depreciation | 207 | 205 | 210 | 208 | 207 | 211 | 204 | 243 |
| Interest | 387 | 474 | 371 | 395 | 426 | 399 | 544 | 562 |
| Profit before tax | 116 | (426) | 100 | 108 | 72.30 | 67.15 | 49.88 | 3,004 |
| Tax | 51.22 | 68.34 | 75.02 | 20.88 | 27.62 | (58.42) | 7.93 | 125 |
| Net profit | 64.71 | (494) | 25.11 | 87.32 | 44.68 | 126 | 41.95 | 2,878 |
| EPS (₹) | 0.16 | (1.19) | 0.06 | 0.21 | 0.11 | 0.28 | 0.10 | 7.16 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1.63 | 0.00 | 0.00 | 28.78 | 41.89 | 39.07 | 53.53 |
| Revenue growth | - | - | -100.0% | -31.3% | +7.2% | -27.0% | - |
| EBITDA | (29.51) | (127) | (165) | (299) | 9.22 | 12.72 | (172) |
| EBITDA margin | -1810.4% | - | - | -1038.2% | +22.0% | +32.6% | -320.6% |
| Profit before tax | 13.37 | (94.10) | 48.95 | 655 | (270) | 55.34 | (389) |
| Net profit | 13.11 | (94.53) | (61.49) | (382) | (277) | 55.20 | (194) |
| Net profit margin | +804.3% | - | - | -1327.8% | -662.0% | +141.3% | -362.9% |
| EPS (₹) | 0.03 | (0.23) | 0.12 | 1.75 | (0.82) | 0.20 | (1.39) |
| Balance sheet | |||||||
| Total assets | 15,762 | 15,966 | 13,610 | 14,263 | 15,360 | 15,629 | 15,704 |
| Net worth | 9,758 | 9,706 | 9,397 | 8,866 | 9,177 | 8,887 | 8,807 |
| Total debt | 6,001 | 6,258 | 4,200 | 5,392 | 6,176 | 6,734 | 6,869 |
| Cash & bank | 0.91 | 2.35 | 12.74 | 2.14 | 6.86 | 6.10 | 19.09 |
| Net working capital | (486) | (310) | 288 | 62.96 | (150) | (112) | (30.49) |
| Cash flow | |||||||
| Cash from operations | 54.99 | (20.54) | 43.49 | (9.94) | 36.31 | 49.64 | 307 |
| Cash from investing | (74.03) | (2,511) | (11.10) | (1.70) | 7.66 | (7.38) | (267) |
| Cash from financing | 17.16 | 2,521 | (21.77) | 10.62 | (42.57) | (42.17) | (46.19) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.20 | 0.00 | 0.09 | 1.03 | 0.51 | 0.00 | 0.00 | 0.00 |
| Revenue growth (YoY) | -60.8% | - | - | - | - | - | - | - |
| Other income | 25.11 | 24.28 | 23.74 | 35.66 | 23.41 | 20.86 | 23.34 | 30.90 |
| Total expenses | 9.03 | 0.80 | 8.04 | 15.62 | 6.68 | 108 | 6.26 | 7.38 |
| EBITDA | (8.83) | (0.80) | (7.95) | (14.59) | (6.17) | (108) | (6.26) | (7.38) |
| EBITDA margin | -4415.0% | - | -8833.3% | -1416.5% | -1209.8% | - | - | - |
| Depreciation | 0.18 | 0.19 | 0.19 | 0.18 | 0.19 | 0.05 | 0.00 | 0.00 |
| Interest | 12.90 | 15.88 | 16.27 | 16.16 | 15.15 | 14.54 | 16.76 | 18.65 |
| Profit before tax | 3.20 | 7.41 | (0.67) | 4.73 | 1.90 | (101) | 0.32 | 4.87 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,956 | 1,887 | 1,873 | 1,974 | 1,886 | 1,978 | 1,853 | 1,760 |
| Revenue growth (YoY) | +3.8% | -4.6% | +1.1% | +12.2% | -5.4% | - | - | - |
| Other income | 147 | 59.07 | 76.94 | 93.07 | 140 | 87.63 | 307 | 3,433 |
| EBITDA | 562 | 195 | 604 | 618 | 565 | 590 | 492 | 376 |
| EBITDA margin | +28.7% | +10.3% | +32.3% | +31.3% | +30.0% | +29.8% | +26.5% | +21.4% |
| Depreciation | 207 | 205 | 210 | 208 | 207 | 211 | 204 | 243 |
| Interest | 387 | 474 | 371 | 395 | 426 | 399 | 544 | 562 |
| Profit before tax | 116 | (426) | 100 | 108 | 72.30 | 67.15 | 49.88 | 3,004 |
| Tax | 51.22 | 68.34 | 75.02 | 20.88 | 27.62 | (58.42) | 7.93 | 125 |
| Net profit | 64.71 | (494) | 25.11 | 87.32 | 44.68 | 126 | 41.95 | 2,878 |
| EPS (₹) | 0.16 | (1.19) | 0.06 | 0.21 | 0.11 | 0.28 | 0.10 | 7.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,620 | 7,583 | 7,893 | 7,514 | 7,503 | 7,934 | 7,562 |
| Revenue growth | +0.5% | -3.9% | +5.0% | +0.1% | -5.4% | +4.9% | - |
| Other income | 369 | 3,905 | 2,428 | 1,377 | 192 | 486 | 640 |
| Total expenses | 5,638 | 5,475 | 8,662 | 5,709 | 4,768 | 4,359 | 8,560 |
| Employee cost | 232 | 200 | 196 | 182 | 176 | 156 | 209 |
| EBITDA | 1,982 | 2,108 | (769) | 1,805 | 2,735 | 3,575 | (998) |
| EBITDA margin | +26.0% | +27.8% | -9.7% | +24.0% | +36.5% | +45.1% | -13.2% |
| Depreciation | 829 | 910 | 1,062 | 1,017 | 1,077 | 1,083 | 836 |
| Interest | 1,666 | 2,056 | 2,451 | 2,504 | 2,721 | 2,539 | 3,054 |
| Profit before tax | (145) | 3,048 | (1,854) | (339) | (871) | 439 | (4,248) |
| Tax | 192 | 99.89 | 214 | 63.91 | 43.73 | (14.91) | 23.66 |
| Net profit | (146) | (351) | (2,033) | (1,424) | (965) | 224 | (111) |
| Net profit margin | -1.9% | -4.6% | -25.8% | -19.0% | -12.9% | +2.8% | -1.5% |
| EPS (₹) | (0.81) | 7.34 | (5.15) | (1.26) | (2.84) | 0.82 | (14.53) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4,136 | 4,017 | 4,017 | 3,735 | 3,400 | 2,805 | 2,805 |
| Reserves & surplus | 11,601 | 11,675 | 7,597 | 7,780 | 8,181 | 9,441 | 9,072 |
| Shareholders' funds (net worth) | 16,039 | 16,337 | 11,614 | 11,595 | 11,764 | 12,246 | 11,869 |
| Minority interest | 0.00 | 0.00 | 0.00 | 1,692 | 1,622 | 1,568 | 1,353 |
| Secured loans | 9,470 | 9,909 | 10,374 | 13,612 | 16,177 | 23,834 | 22,267 |
| Unsecured loans | 5,342 | 5,244 | 8,392 | 7,624 | 6,952 | 1,801 | 6,536 |
| Total debt | 14,812 | 15,153 | 18,766 | 21,236 | 23,129 | 25,635 | 28,804 |
| Total liabilities | 33,378 | 34,059 | 32,804 | 36,923 | 38,585 | 41,451 | 44,055 |
| Assets | |||||||
| Gross block | 53,715 | 52,345 | 52,916 | 52,161 | 50,399 | 49,167 | 48,356 |
| Net block | 30,944 | 31,859 | 33,584 | 35,776 | 36,308 | 37,190 | 38,574 |
| Capital work in progress | 1,720 | 1,387 | 1,293 | 2,320 | 2,020 | 1,912 | 3,615 |
| Investments | 142 | 173 | 209 | 38.55 | 36.75 | 35.57 | 30.44 |
| Inventories | 1,016 | 927 | 961 | 925 | 828 | 874 | 1,014 |
| Sundry debtors | 1,310 | 1,521 | 1,650 | 2,680 | 3,214 | 2,410 | 2,365 |
| Cash & bank balances | 1,705 | 973 | 918 | 651 | 644 | 315 | 284 |
| Loans & advances | 586 | 767 | 966 | 733 | 1,092 | 2,092 | 1,161 |
| Total current assets | 4,618 | 4,189 | 4,496 | 4,990 | 5,777 | 5,691 | 4,824 |
| Total current liabilities | 5,324 | 4,742 | 8,524 | 9,378 | 9,009 | 7,125 | 7,011 |
| Net working capital | (706) | (554) | (4,028) | (4,388) | (3,232) | (1,434) | (2,187) |
| Total assets | 33,378 | 34,059 | 32,804 | 36,923 | 38,585 | 41,451 | 44,055 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 440 | 486 | 239 | 192 | 144 | 125 | 28.88 |
| Net cash from operating activities | 2,824 | 1,938 | 3,174 | 4,024 | 3,613 | 4,149 | 4,543 |
| Net cash from investing activities | (212) | 451 | (192) | (354) | 284 | 486 | (247) |
| Net cash from financing activities | (1,828) | (2,435) | (2,734) | (3,623) | (3,849) | (4,615) | (4,200) |
| Net change in cash | 785 | (46.36) | 248 | 46.42 | 48.03 | 19.26 | 96.06 |
| Closing cash | 1,705 | 973 | 918 | 651 | 644 | 315 | 284 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +0.5% | -3.9% | +5.0% | +0.1% | -5.4% | +4.9% | - |
| EBITDA growth | -6.0% | +374.1% | -142.6% | -34.0% | -23.5% | +458.3% | - |
| PBT growth | - | +9998.0% | -447.0% | +61.1% | - | +9998.0% | -44.8% |
| Net income growth | +58.4% | +82.7% | -42.7% | -47.6% | -531.2% | +301.5% | - |
| Revenue CAGR (3Y) | +0.5% | +0.4% | -0.2% | -0.2% | -2.9% | -6.9% | -10.1% |
| EBITDA CAGR (3Y) | +3.2% | -8.3% | - | - | +52.1% | -8.3% | - |
| Profitability & leverage | |||||||
| Net income margin | -4.4% | +38.9% | -26.2% | -5.4% | -12.2% | +5.7% | -56.5% |
| Return on capital employed | +5.8% | +5.8% | 0.0% | 0.0% | 0.0% | +7.2% | 0.0% |
| Return on net worth | -1.0% | -2.6% | 0.0% | 0.0% | 0.0% | +3.8% | 0.0% |
| Debt / equity | 1.00 | 1.26 | 1.72 | 1.90 | 2.03 | 2.26 | 2.03 |
| Long-term debt / equity | 0.66 | 0.72 | 0.92 | 1.12 | 1.28 | 1.52 | 1.30 |
| Interest cover | 144.59 | 171.52 | -133.89 | 317.69 | 164.13 | 101.88 | -166.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 |
| Inventory turnover | 7.84 | 8.03 | 8.37 | 8.57 | 8.82 | 8.40 | 7.47 |
| Debtors turnover | 5.38 | 4.78 | 3.65 | 2.55 | 2.67 | 3.32 | 2.96 |
| EPS (₹) | (0.81) | 7.34 | (5.15) | (1.26) | (2.84) | 0.82 | (14.53) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 35.30 | 36.23 | 28.91 | 30.83 | 34.06 | 43.66 | 42.34 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.20 | 0.00 | 0.09 | 1.03 | 0.51 | 0.00 | 0.00 | 0.00 |
| Revenue growth (YoY) | -60.8% | - | - | - | - | - | - | - |
| Other income | 25.11 | 24.28 | 23.74 | 35.66 | 23.41 | 20.86 | 23.34 | 30.90 |
| Total expenses | 9.03 | 0.80 | 8.04 | 15.62 | 6.68 | 108 | 6.26 | 7.38 |
| EBITDA | (8.83) | (0.80) | (7.95) | (14.59) | (6.17) | (108) | (6.26) | (7.38) |
| EBITDA margin | -4415.0% | - | -8833.3% | -1416.5% | -1209.8% | - | - | - |
| Depreciation | 0.18 | 0.19 | 0.19 | 0.18 | 0.19 | 0.05 | 0.00 | 0.00 |
| Interest | 12.90 | 15.88 | 16.27 | 16.16 | 15.15 | 14.54 | 16.76 | 18.65 |
| Profit before tax | 3.20 | 7.41 | (0.67) | 4.73 | 1.90 | (101) | 0.32 | 4.87 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.63 | 0.00 | 0.00 | 28.78 | 41.89 | 39.07 | 53.53 |
| Revenue growth | - | - | -100.0% | -31.3% | +7.2% | -27.0% | - |
| Other income | 107 | 101 | 313 | 1,158 | 142 | 483 | 286 |
| Total expenses | 31.14 | 127 | 165 | 328 | 32.67 | 26.35 | 225 |
| Employee cost | 6.65 | 2.98 | 2.40 | 4.26 | 6.61 | 6.62 | 7.45 |
| EBITDA | (29.51) | (127) | (165) | (299) | 9.22 | 12.72 | (172) |
| EBITDA margin | -1810.4% | - | - | -1038.2% | +22.0% | +32.6% | -320.6% |
| Depreciation | 0.75 | 0.06 | 0.01 | 16.07 | 15.86 | 16.01 | 15.88 |
| Interest | 63.46 | 68.46 | 98.49 | 189 | 406 | 424 | 487 |
| Profit before tax | 13.37 | (94.10) | 48.95 | 655 | (270) | 55.34 | (389) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 6.92 | 0.00 | 0.00 |
| Net profit | 13.11 | (94.53) | (61.49) | (382) | (277) | 55.20 | (194) |
| Net profit margin | +804.3% | - | - | -1327.8% | -662.0% | +141.3% | -362.9% |
| EPS (₹) | 0.03 | (0.23) | 0.12 | 1.75 | (0.82) | 0.20 | (1.39) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4,136 | 4,017 | 4,017 | 3,735 | 3,400 | 2,805 | 2,805 |
| Reserves & surplus | 5,319 | 5,044 | 5,380 | 5,050 | 5,594 | 6,090 | 6,010 |
| Shareholders' funds (net worth) | 9,758 | 9,706 | 9,397 | 8,866 | 9,177 | 8,887 | 8,807 |
| Secured loans | 2,464 | 2,441 | 215 | 598 | 1,702 | 1,696 | 1,865 |
| Unsecured loans | 3,537 | 3,817 | 3,984 | 4,794 | 4,474 | 5,038 | 5,004 |
| Total debt | 6,001 | 6,258 | 4,200 | 5,392 | 6,176 | 6,734 | 6,869 |
| Total liabilities | 15,762 | 15,966 | 13,610 | 14,263 | 15,360 | 15,629 | 15,704 |
| Assets | |||||||
| Gross block | 5.03 | 5.17 | 0.26 | 362 | 358 | 356 | 361 |
| Net block | 4.16 | 4.92 | 0.03 | 236 | 247 | 261 | 279 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 16,227 | 16,238 | 13,153 | 12,601 | 13,898 | 14,108 | 14,084 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 2.17 | 0.73 | 0.00 | 59.84 | 60.42 | 60.28 | 60.98 |
| Cash & bank balances | 0.91 | 2.35 | 12.74 | 2.14 | 6.86 | 6.10 | 19.09 |
| Loans & advances | 634 | 845 | 1,471 | 1,702 | 1,906 | 1,760 | 1,622 |
| Total current assets | 638 | 848 | 1,484 | 1,764 | 1,973 | 1,826 | 1,702 |
| Total current liabilities | 1,123 | 1,159 | 1,197 | 1,701 | 2,123 | 1,938 | 1,732 |
| Net working capital | (486) | (310) | 288 | 62.96 | (150) | (112) | (30.49) |
| Total assets | 15,762 | 15,966 | 13,610 | 14,263 | 15,360 | 15,629 | 15,704 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.26 | 12.71 | 2.09 | 3.11 | 1.71 | 1.62 | 7.72 |
| Net cash from operating activities | 54.99 | (20.54) | 43.49 | (9.94) | 36.31 | 49.64 | 307 |
| Net cash from investing activities | (74.03) | (2,511) | (11.10) | (1.70) | 7.66 | (7.38) | (267) |
| Net cash from financing activities | 17.16 | 2,521 | (21.77) | 10.62 | (42.57) | (42.17) | (46.19) |
| Net change in cash | (1.88) | (10.45) | 10.62 | (1.02) | 1.40 | 0.09 | (6.10) |
| Closing cash | 0.91 | 2.35 | 12.74 | 2.14 | 6.86 | 6.10 | 19.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | - | -100.0% | -31.3% | +7.2% | -27.0% | - |
| EBITDA growth | +76.7% | +23.5% | +44.6% | -3340.8% | -27.5% | +107.4% | - |
| PBT growth | +9998.0% | - | -92.5% | +9998.0% | - | +9998.0% | +36.7% |
| Net income growth | +113.9% | -53.7% | +83.9% | -37.8% | -602.4% | +128.4% | - |
| Revenue CAGR (3Y) | -61.6% | -100.0% | -100.0% | -18.7% | -1.2% | -4.1% | +3.7% |
| EBITDA CAGR (3Y) | -53.8% | - | - | +20.3% | - | - | +50.6% |
| Profitability & leverage | |||||||
| Net income margin | +820.3% | - | - | +2274.9% | -662.0% | +141.6% | -726.4% |
| Return on capital employed | +0.5% | 0.0% | +0.2% | -1.3% | 0.0% | +3.0% | 0.0% |
| Return on net worth | +0.1% | 0.0% | -0.6% | -4.1% | 0.0% | +0.6% | 0.0% |
| Debt / equity | 0.63 | 0.55 | 0.53 | 0.64 | 0.71 | 0.77 | 0.67 |
| Long-term debt / equity | 0.25 | 0.14 | 0.02 | 0.04 | 0.07 | 0.08 | 0.07 |
| Interest cover | -209.72 | -54.07 | -59.53 | -59.92 | -6,113.40 | -12,900.30 | -259.91 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.32 | 0.00 | 0.00 | 0.08 | 0.12 | 0.11 | 0.15 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 1.12 | 0.00 | 0.00 | 0.48 | 0.69 | 0.64 | 0.86 |
| EPS (₹) | 0.03 | (0.23) | 0.12 | 1.75 | (0.82) | 0.20 | (1.39) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 22.86 | 22.56 | 23.39 | 23.52 | 26.45 | 31.71 | 31.43 |
To see the full year-wise statements and ratios of Reliance Power Limited, buy the company report.
Board of directors of Reliance Power Limited
Reliance Power has 6 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Sharma Also directs: Nureca Limited, Tata Steel Limited, Mahindra and Mahindra Financial Services Limited and 1 more | Director | 26 Sep 2020 | 6 Years 1 Months | Current |
| Ashok Ramaswamy Also directs: Mumbai Metro One Private Limited. | Director | 22 Apr 2022 | 4 Years 6 Months | Current |
| Arup Ashok Gupta | Director | 11 Oct 2025 | 1 Years 0 Months | Current |
| Zohra Chatterji Also directs: Rosa Power Supply Company Limited, Sasan Power Limited, Bses Yamuna Power Limited and 3 more | Director | 28 Oct 2025 | 1 Years 0 Months | Current |
| Neeraj Parakh | Whole-Time Director | 20 Jan 2025 | 1 Years 9 Months | Current |
| Avinash Gupta Also directs: A P T and Co LLP, Nri Sahayata Service Private Limited, A P T Corporate Consulting Private Limited and 1 more | Director | 21 May 2026 | 0 Years 5 Months | Current |
Peer comparison
Reliance Power Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adani Power (Mundra) Limited | ₹10,096 Cr (FY 2022) | 1.0% | Ahmedabad, Gujarat, India | |||
| Seil Energy India Limited | ₹9,545.81 Cr (FY 2025) | -14.0% | Gurgaon, Haryana, India | |||
| Renew Solar Energy (Jharkhand One) Private Limited | ₹9,292.3 Cr (FY 2025) | 30.0% | New Delhi, Delhi, India | |||
| Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited | ₹8,839.34 Cr (FY 2020) | -7.0% | Lucknow, Uttar Pradesh, India | |||
| Adani Power Rajasthan Limited | ₹8,696.22 Cr (FY 2022) | 142.0% | Ahmedabad, Gujarat, India | |||
| Reliance Power Limitedthis company | ₹7,619.71 Cr (FY 2026) | -₹146.06 Cr | -1.9% | 0.5% | 3 | Mumbai, Maharashtra, India |
| Adani Power (Jharkhand) Limited | ₹7,514.59 Cr (FY 2024) | 15029080.0% | Ahmedabad, Gujarat, India | |||
| Apraava Energy Private Limited | ₹7,164.15 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Coastal Gujarat Power Limited | ₹7,006.21 Cr (FY 2021) | 0.0% | Mumbai, Maharashtra, India | |||
| Lalitpur Power Generation Company Limited | ₹6,642.87 Cr (FY 2025) | -4.0% | Lalitpur, Uttar Pradesh, India | |||
| JSW Mahanadi Power Company Limited | ₹6,044.53 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Reliance Power Limited, buy the company report.
Auditor
Reliance Power Limited is audited by Pathak H. D. & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pathak H. D. & Associates LLP | FY 2025 | 107783W/W100593 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 25.00%, foreign institutional investors hold 13.60%, domestic institutional investors hold 2.80% and retail and other public shareholders hold 58.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 25.00% | 25.00% | 25.00% | 25.00% |
| Public | 75.00% | 75.00% | 75.00% | 75.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2024 | 101020167 | Idbi Trusteeship Services Limited | ₹3,760 Cr | Open | |
| 03 Mar 2020 | 100334658 | Others | ₹2,107 Cr | Open | |
| 28 Jun 2019 | 100272593 | Idbi Trusteeship Services Limited | ₹2,391.2 Cr | Open | |
| 09 May 2019 | 100264115 | Idbi Trusteeship Services Limited | ₹250 Cr | Open | |
| 14 Sep 2015 | 10591799 | Sbicap Trustee Company Limited | ₹13,994 Cr | Open |
To see the full charge records of Reliance Power Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Reliance Power Limited has 148 deals on record (140 market trades, 4 funding rounds, 2 debt financings), with disclosed funding of ₹9,530.75 Cr; the latest was in June 2025.
Deals on record (5 of 148)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Market trade | ₹367.91 Cr | Buyer: Aakraya Research LLP , Hrti Private Limited Seller: Aakraya Research LLP , Hrti Private Limited |
| Jun 2025 | Market trade | ₹363.41 Cr | Buyer: Hrti Private Limited , Aakraya Research LLP Seller: Aakraya Research LLP , Hrti Private Limited |
| May 2025 | Market trade | ₹323.93 Cr | Buyer: Hrti Private Limited , Aakraya Research LLP Seller: Aakraya Research LLP , Hrti Private Limited |
| May 2025 | Market trade | ₹208.85 Cr | Buyer: Aakraya Research LLP , Hrti Private Limited Seller: Aakraya Research LLP , Hrti Private Limited |
| May 2025 | Funding round | ₹348.15 Cr | Investors: Reliance Infrastructure Limited , Basera Home Finance Private Limited |
To see the full deal history of Reliance Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reliance Power Limited has 168 court cases on record: 38 filed by Reliance Power, 130 filed against it. 58 cases are pending and 110 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 86 | 85 | 29 |
| High courts | 70 | 43 | 28 |
| Supreme Court | 12 | 2 | 1 |
Cases on record (5 of 168)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Civil suit | Filed against the company by M/S Biswal Tradelink Pvt. Ltd. Rept. Through Manoj Kumar Biswal | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against HT Media Ltd. and 5 Ors. | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Open Media Network Pvt. Ltd. and 6 Ors | Pending |
| Bombay High Court | Court case (S) | Filed by the company against HT Media Ltd. and 5 Ors. | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Solar Energy Corporation of India Ltd. | Disposed |
To see the full case history of Reliance Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Reliance Power Limited was last rated by Icra on 30 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Nov 2021 |
To see the full credit ratings and regulatory alerts of Reliance Power Limited, buy the company report.
MSME payment delays
Reliance Power Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indusface Private Limited | |||
| Vectrae Infotech Private Limited | |||
| Log 5 Communications Private Limited |
To see the full MSME payment records of Reliance Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Reliance Power has 27 subsidiary companies and 3 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Reliance Neo Energies Private Limited | U10101MH2010PTC209925 | |
| Coastal Andhra Power Infrastructure Limited | U11100MH2005PLC158364 | |
| Reliance Prima Limited | U11100MH2008PLC186720 | |
| Tiyara Power Private Limited | U11100MH2010PTC198817 | |
| Atos Trading Private Limited | U11100MH2010PTC198818 | |
| Vidarbha Industries Power Limited | U23209MH2005PLC158371 |
To see the full group structure of Reliance Power Limited, buy the company report.
Employees & EPFO
Reliance Power Limited has a workforce of 3 employees on its EPFO records as of Nov 04, 2025, across 1 active EPFO establishment.
GST
Reliance Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR2365L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Power Limited, buy the company report.
Recent activity
Reliance Power Limited has 75 board changes on record since 2004: 41 appointments and 34 cessations. The latest: Avinash Gupta was appointed as Director on 21 May 2026.
139 earlier events are in the company report.
News
Frequently asked questions
Reliance Power is an active public limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 17 January 1995 (31+ years old) and is registered under CIN L40101MH1995PLC084687. Listed on BSE: 532939 and NSE: RPOWER.
Reliance Power reported revenue of ₹7,619.71 Cr for FY 2025-26 (up 0.5% YoY) based on consolidated financials.
Reliance Power has 6 current directors:
- Neeraj Parakh - Whole-Time Director
- Vijay Kumar Sharma - Director
- Ashok Ramaswamy - Director
- Arup Ashok Gupta - Director
- Zohra Chatterji - Director
- Avinash Gupta - Director
The latest financial statements of Reliance Power on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Power is 27AAACR2365L1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Reliance Power is L40101MH1995PLC084687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Reliance Power is a listed company as per MCA records. Its shares are listed on both BSE (code: 532939) and NSE (symbol: RPOWER).
Reliance Power has 168 court cases on record: 38 filed by the company and 130 filed against it. 58 are pending. Most are in the district courts.
Reliance Power was incorporated on 17 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Reliance Power has 148 deals on record (140 market trades, 4 funding rounds, 2 debt financings), with disclosed funding of ₹9,530.75 Cr; the latest was in June 2025.
The peers of Reliance Power by revenue are Adani Power (Mundra) Limited, Seil Energy India Limited, Renew Solar Energy (Jharkhand One) Private Limited, Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited, Adani Power Rajasthan Limited and 5 more, all in the Cleantech industry (Solar Power, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Avinash Gupta was appointed as Director on 21 May 2026. Vijayalakshmy Gupta ceased to be Director on 03 Nov 2025. Zohra Chatterji was appointed as Director on 28 Oct 2025. Reliance Power has 75 board changes on record in total.

