Is Reliance Power a profitable company?
Reliance Power on Wednesday reported a net profit of Rs 321.79 crore for the quarter ended March 2023. The consolidated net loss of the company was Rs 657.89 crore in the quarter ended on March 31, 2022, according to a BSE filing.
The net loss of RELIANCE POWER stood at Rs -5,651 m in FY22, which was down -232.3% compared to Rs 4,271 m reported in FY21. This compares to a net loss of Rs -42,715 m in FY20 and a net loss of Rs -29,518 m in FY19.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Reliance Power Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Debt-free status
The balance funds were used to settle the debt of Reliance Power with banks, including SBI, Canara Bank, YES Bank and Axis Bank. With this, Reliance Power has become debt-free on a standalone basis. The exposure of Indian banks to the Reliance Power group is now limited to Sasan Power.
Reliance Power Share Price Future Prediction 2024
Moving into 2024, Reliance Power is expected to continue its upward trajectory. The company's ongoing projects and potential new ventures could drive the average stock price up to ₹130. The year might see the stock price ranging between a low of ₹120 and a high of ₹140.
Who invested in Reliance Power ? Reliance Power has 3 investors including Värde Partners and Belgian Investment Company for Developing Countries .
If you are looking for stocks with good return, Reliance Power Ltd can be a profitable investment option. Reliance Power Ltd quote is equal to 16.120 INR at 2023-07-29. Based on our forecasts, a long-term increase is expected, the "Reliance Power Ltd" stock price prognosis for 2028-07-21 is 32.953 INR.
The intrinsic value of one RPOWER stock under the Base Case scenario is 37.18 INR. Compared to the current market price of 16.05 INR, Reliance Power Ltd is Undervalued by 57%.
Should I invest in Reliance Power stock for the long term? If you are a long-term investor, then you should invest in Reliance Power shares carefully because the fundamentals of this company are very weak, in which investing for a new investor can be very risky.
Current Dividend Yield: 6.39% Annual dividend payment: ₹1.
What is the risk free rate of Reliance?
The current risk-free rate is 7.18000000%. Please go to Economic Indicators page for more information.
Reliance Power IPO FAQs
The issue is priced at ₹405 to ₹450 per share. The minimum order quantity is 15 Shares.
| S.No. | Name | NP Qtr Rs.Cr. |
|---|---|---|
| 1. | Ksolves India | 7.55 |
| 2. | Varanium Cloud | 40.69 |
| 3. | Tips Industries | 27.10 |
| 4. | Tanfac Inds. | 18.39 |
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A majority of analysts believe one should buy shares of Tata Steel at this point due to favourable fundamental and technical factors. Shares of the company have underperformed the BSE Metal index and the equity benchmark Sensex in the last one year. The stock hit its 52-week high of ₹138.63 on BSE on April 6, 2022.
The highest price of Reliance Power Ltd stock is ₹25.00 in the last 52-week.
According to Long term forecast, Reliance Power Share Price Target 2023 will be minimum 17 Rs and maximum 19 Rs, 2025 target will be lower 32 Rs and higher 35 Rs and 2030 Price target will be approx 90 Rs. आज हम बात करेंगे Reliance Power Share Price Target 2023, 2024, 2025 और 2030 के बारे में।
The promoter group, the Ambani family, holds 49.11% of the total shares whereas the remaining 50.89% shares are held by public shareholders, including FII and corporate bodies. Life Insurance Corporation of India is the largest non-promoter investor in the company, with 7.98% shareholding.
For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 1,856.32 Crore, down 4.13 % from last quarter Total Income of Rs 1,936.29 Crore and down 1.18 % from last year same quarter Total Income of Rs 1,878.40 Crore.
| YEAR | Power Grid 1ST SHARE PRICE TARGETS (₹) | Power Grid 2ND SHARE PRICE TARGETS (₹) |
|---|---|---|
| 2025 | ₹370 | ₹390 |
| 2026 | ₹450 | ₹470 |
| 2027 | ₹470 | ₹500 |
| 2028 | ₹550 | ₹650 |
What is the result of Reliance Power q4 2023?
| Fiscal Period | 2023 |
|---|---|
| Net Income | 321.79 |
| Income Availableto Com Excl Extra Ord | 314.79 |
| Income Availableto Com Incl Extra Ord | 321.79 |
| Diluted Net Income | 321.79 |
It helps to analyse the price trends, patterns and trading signals. On Classic Moving Average Scale Reliance Power shows a 14.99 for 20 - DMA, 14.16 for 50-DMA and 12.65 for 100-DMA. On Exponential Moving Average Scale Reliance Power shows a 15.16 for 20 - DMA, 14.33 for 50-DMA and 13.68 for 100-DMA.
| SL No. | Stock Name | Market Cap (₹ Crores) |
|---|---|---|
| 1 | Vodafone Idea Ltd | 37,726.76 |
| 2 | Suzlon Energy Ltd | 15,422.32 |
| 3 | Reliance Power Ltd | 5,602.81 |
| 4 | Alok Industries Ltd | 8,887.78 |
You can easily buy Reliance Power shares in Groww by creating a demat account and getting the KYC documents verified online.
| Company | Dividend % | Dividend (INR) |
|---|---|---|
| HCL Technologies Ltd. | 900 | 18.00 |
| REC Ltd. | 32.5 | 3.25 |
| Hindustan Zinc Ltd. | 1300 | 26 |
| Hinduja Global Solutions Ltd. | 25 | 2.5 |
Apple's dividend is the largest new dividend ever paid by a company, beating the $1.3 billion record previously set by Cisco Systems, says S&P Capital IQ.
With low-demand elasticity and reliable revenue streams, utility companies can afford to pay consistent and relatively high dividends to their shareholders. For this reason, many utility stocks are almost treated like bonds by income investors who rely on their holdings for revenue.
Risk Description
With most of the crude being supplied to RIL by sea vessels, and the overwhelming majority of refined products being exported by sea, road and pipeline, the Company faces the risk of HSE incidents, oil spills and so on, leading to disruption in business activities.
| Total Bank Loan Facilities Rated | Rs.100000 Crore (Enhanced from Rs.65000 Crore) |
|---|---|
| Long Term Rating | CRISIL AAA/Stable (Reaffirmed) |
| Short Term Rating | CRISIL A1+ (Assigned) |
What is risk of over reliance?
risk of overreliance. The risk that the auditor will conclude the controls are more effective than they are. Also referred to as beta risk, type II, risk of incorrect acceptance, risk of assessing control risk too low.
Reliance Power IPO subscribed 73.04 times. The public issue subscribed 14.87 times in the retail category, 82.62 times in QIB, and 190.02 times in the NII category by Jan 18, 2008. Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.
The United States has the world's highest national debt with $30.1 trillion owed to creditors as of the first quarter of 2023.
- #1 ADANI GREEN ENERGY.
- #2 TVS MOTORS.
- #3 ADANI TRANSMISSION.
- #4 TATA MOTORS.
- #5 VEDANTA.
| Characteristic | National debt in relation to GDP |
|---|---|
| Macao SAR | 0% |
| Brunei Darussalam | 2.06% |
| Kuwait | 2.92% |
| Hong Kong SAR | 4.26% |
| Stock Symbol | Market Price Rs | 1-year Returns (%) |
|---|---|---|
| NTPC | 177.90 | 24.38 |
| HINDUNILVR | 2,535.00 | 22.04 |
| LT | 2,169.00 | 21.23 |
| EICHERMOT | 3,000.05 | 21.08 |
- Reliance Industries. Multinational Conglomerate.
- Tata Consultancy Services (TCS) Information Technology.
- Infosys. Information Technology.
- HDFC Bank. Banking.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | PAE | 5.56 |
| 2. | Mipco Seaml Ring | 10.32 |
| 3. | Starlite Comp. | 2.41 |
| 4. | Modern Dairies | 22.16 |
| S.No. | Name | P/E |
|---|---|---|
| 1. | SG Finserve | 67.05 |
| 2. | Ksolves India | 47.66 |
| 3. | Waaree Renewab. | 46.51 |
| 4. | Tanfac Inds. | 27.20 |
Which is better TCS or Tata Steel?
Employee Ratings
Tata Steel scored higher in 8 areas: Overall Rating, Culture & Values, Work-life balance, Senior Management, Compensation & Benefits, Career Opportunities, Recommend to a friend and Positive Business Outlook. TCS scored higher in 1 area: Diversity and Inclusion.
Tata Steel is expected to report strong earnings growth in the first quarter of FY2024, driven by robust sales and margin expansion. The company's domestic sales are expected to grow by 15-20% year-on-year, while its exports are also expected to grow.
What is the 52-week High and Low of Reliance Power Ltd? The 52-week high and low of Reliance Power Ltd (RPOWER) is ₹25 and ₹9.05.
Company has a poor ROE of 1.63% over the past 3 years. Company has high debtor days of 762.59.
Reliance Power has a total shareholder equity of ₹132.9B and total debt of ₹212.4B, which brings its debt-to-equity ratio to 159.8%. Its total assets and total liabilities are ₹485.4B and ₹352.5B respectively. Reliance Power's EBIT is ₹8.6B making its interest coverage ratio 0.4.
| Profit & Loss account of Reliance Power (in Rs. Cr.) | Mar 23 | Mar 20 |
|---|---|---|
| Revenue From Operations [Net] | 26.63 | 49.63 |
| Total Operating Revenues | 28.78 | 53.53 |
| Other Income | 121.39 | 285.89 |
| Total Revenue | 150.17 | 339.42 |
For the year ending March 2023 Reliance Industries has declared an equity dividend of 90.00% amounting to Rs 9 per share. At the current share price of Rs 2527.85 this results in a dividend yield of 0.36%.
The intrinsic value of one RPOWER stock under the Base Case scenario is 37.18 INR. Compared to the current market price of 16.05 INR, Reliance Power Ltd is Undervalued by 57%.
You can easily buy Reliance Power shares in Groww by creating a demat account and getting the KYC documents verified online.
Generally, a good debt-to-equity ratio is anything lower than 1.0. A ratio of 2.0 or higher is usually considered risky. If a debt-to-equity ratio is negative, it means that the company has more liabilities than assets—this company would be considered extremely risky.
How much debt equity ratio is good?
Although it varies from industry to industry, a debt-to-equity ratio of around 2 or 2.5 is generally considered good. This ratio tells us that for every dollar invested in the company, about 66 cents come from debt, while the other 33 cents come from the company's equity.
The optimal debt-to-equity ratio will tend to vary widely by industry, but the general consensus is that it should not be above a level of 2.0. While some very large companies in fixed asset-heavy industries (such as mining or manufacturing) may have ratios higher than 2, these are the exception rather than the rule.
Anil Dhirubhai Ambani is one of India's leading business leaders and founder of the Reliance Group; whose constituent business enterprises are engaged in pivotal roles in the ongoing economic transformation of India.
