profit from every ₹100 of sales.
₹0₹100
Reliance Power
₹18.57-3.73% today
-46.0% in 1 year
1-year low ₹16.451-year high ₹38.57
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Reliance Power sold, what it kept, and what it did with the cash.
Sales went from ₹70.3 billion in 2023 to ₹76.2 billion in 2026, with -₹3.37 billion of profit last year.
SalesProfit
Reliance Power vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Reliance Power | No profit yet | ||
 Constellation Energy | 42.5× · Expensive | ||
 Vistra | 47.8× · Expensive | ||
 Adani Power | 30.9× · Expensive | ||
 CGN Power | 24.1× · Fair price |
AI analysis
An AI analyst reads Reliance Power's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 70,326 | 74,265 | 75,829 | 76,197 | |
| 30,761 | 32,713 | 36,909 | 38,206 | |
| 4,884 | -2,921 | 11,986 | 15,341 | |
| 28,026 | 12,568 | 61,992 | 25,312 | |
| -4,708 | -20,684 | 29,478 | -3,369 | |
| -1.35 | -5.46 | 7.20 | – | |
| 43.7% | 44.0% | 48.7% | 50.1% | |
| 6.9% | -3.9% | 15.8% | 20.1% | |
| -6.7% | -27.9% | 38.9% | -4.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 485,354 | 437,580 | 412,829 | 412,926 |
| Cash | 1,873 | 4,356 | 3,606 | 12,245 |
| Total debt | 212,360 | 187,658 | 151,531 | 148,120 |
| Total liabilities | 352,483 | 321,442 | 249,457 | 252,532 |
| 115,954 | 116,139 | 163,372 | 160,394 | |
| 3,686 | 3,984 | 4,096 | – | |
| 3.8% | 0.0% | 12.8% | 3.9% | |
| -4.1% | -17.8% | 18.0% | -2.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 40,237 | 31,740 | 19,379 | 284,244 | |
| 3,845 | – | – | 1,159 | |
| 36,393 | 31,740 | 19,379 | 283,084 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | 0 | 61 |
Valuation
- –
- –
- –
- 0.7×
- 1.0×
- 0.3×
- 8.4×
- 368.6%
- -4.4%
- –
Profitability
- 50.1%
- 20.1%
- -4.4%
- –
- 3.7%
- 4.9%
- –
- –
- –
- –
Growth
- +2.7%
- –
- –
- –
- +3.0%
Financial health
- 5.4×
- 0.92
- –
- 0.9×
- 0.46
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 20%of 397
Top 46%of 392
Bottom 43%of 397
News
4 Critical Minerals Stocks That Could Benefit as the U.S. Reduces Reliance on ChinaYahoo Finance · Nov 1, 2026Reliance anticipates Q4 2026 non-GAAP EPS of $7.40 to $7.60 as border wall work extends into 2027Seeking Alpha · Oct 22, 2026Meta And Microsoft Reportedly Trim Anthropic Reliance as Internal AI Tools Take Center StageYahoo Finance · Oct 5, 2026Reliance Digital's #TakeTheFirstBite Returns with Reimagined "Mr. iSeek New Phone"Yahoo Finance · Sep 9, 2026The U.S. is trying to reduce its reliance on China for batteries. Here's what it's up againstCNBC · Sep 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
26No pass
Benjamin Graham
45No pass
Philip Fisher
30No pass
Peter Lynch
25No pass
Joel Greenblatt
26No pass
Charlie Munger
19No pass
Terry Smith
23No pass
Questions about Reliance Power
Is Reliance Power a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Reliance Power AI analysis
What does Reliance Power do?
Reliance Power Limited, together with its subsidiaries, engages in the development, construction, and operation of power projects in India and internationally. Its portfolio of power projects is based on coal, gas, hydro, wind, and solar energy. It is in Utilities - Independent Power Producers, based in Mumbai, India.
Is Reliance Power stock halal?
No. Reliance Power does not pass our halal screen: its debt is 193% of its market value, at or above the 33% limit. How we check
How has Reliance Power stock done over the past year?
Down 46.0% over the past twelve months, to ₹18.57. It traded between ₹16.45 and ₹38.57 and is 51.9% below its high.
Who are Reliance Power's competitors?
The largest listed companies in the same industry are Constellation Energy, Vistra, Adani Power and CGN Power. The peers table on this page compares their profit, growth and price with Reliance Power's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.