Reliance Power Limited
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. The company owns and operates Sasan ultra mega power project, a coal-based power plant with a capacity of 3,960 megawatts; Rosa coal-based power project,… Read more
Reliance Power Limited (RPOWER) - Net Assets
Latest net assets as of September 2025: ₹165.16 Billion INR
Based on the latest financial reports, Reliance Power Limited (RPOWER) has net assets worth ₹165.16 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹415.87 Billion) and total liabilities (₹250.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹165.16 Billion |
| % of Total Assets | 39.71% |
| Annual Growth Rate | 93.55% |
| 5-Year Change | 18.27% |
| 10-Year Change | -19.23% |
| Growth Volatility | 1488.12 |
Reliance Power Limited - Net Assets Trend (2005–2025)
This chart illustrates how Reliance Power Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Reliance Power Limited (2005–2025)
The table below shows the annual net assets of Reliance Power Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹163.37 Billion | +40.67% |
| 2024-03-31 | ₹116.14 Billion | -12.59% |
| 2023-03-31 | ₹132.87 Billion | -0.73% |
| 2022-03-31 | ₹133.85 Billion | -3.10% |
| 2021-03-31 | ₹138.14 Billion | +4.48% |
| 2020-03-31 | ₹132.22 Billion | -23.91% |
| 2019-03-31 | ₹173.77 Billion | -18.17% |
| 2018-03-31 | ₹212.35 Billion | -0.62% |
| 2017-03-31 | ₹213.68 Billion | +5.64% |
| 2016-03-31 | ₹202.27 Billion | -1.97% |
| 2015-03-31 | ₹206.34 Billion | +5.98% |
| 2014-03-31 | ₹194.70 Billion | +4.78% |
| 2013-03-31 | ₹185.83 Billion | +5.76% |
| 2012-03-31 | ₹175.71 Billion | +4.38% |
| 2011-03-31 | ₹168.33 Billion | +16.39% |
| 2010-03-31 | ₹144.63 Billion | +4.96% |
| 2009-03-31 | ₹137.79 Billion | +1.82% |
| 2008-03-31 | ₹135.33 Billion | +6627.68% |
| 2007-03-31 | ₹2.01 Billion | +201260.00% |
| 2006-03-31 | ₹-1.00 Million | -433.33% |
| 2005-03-31 | ₹300.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reliance Power Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 605230000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹6.05 Billion | 3.70% |
| Common Stock | ₹40.17 Billion | 24.59% |
| Other Comprehensive Income | ₹31.70 Billion | 19.41% |
| Other Components | ₹85.45 Billion | 52.30% |
| Total Equity | ₹163.37 Billion | 100.00% |
Reliance Power Limited Competitors by Market Cap
The table below lists competitors of Reliance Power Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forbo Holding AG
PINK:FBOHF
|
$725.82 Million |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
$726.04 Million |
|
Hyundai Department
KO:069960
|
$726.20 Million |
|
Franklin BSP Realty Trust Inc
NYSE:FBRT
|
$726.39 Million |
|
Nexteer Automotive Group Limited
PINK:NTXVF
|
$725.13 Million |
|
Cpi Property Group SA
XETRA:O5G
|
$725.10 Million |
|
Tanco Holdings Bhd
KLSE:2429
|
$724.90 Million |
|
HitGen Inc. A
SHG:688222
|
$724.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reliance Power Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 116,138,600,000 to 163,371,800,000, a change of 47,233,200,000 (40.7%).
- Net income of 29,478,300,000 contributed positively to equity growth.
- Share repurchases of 4,940,500,000 reduced equity.
- New share issuances of 4,940,500,000 increased equity.
- Other comprehensive income increased equity by 17,754,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹29.48 Billion | +18.04% |
| Share Repurchases | ₹4.94 Billion | -3.02% |
| Share Issuances | ₹4.94 Billion | +3.02% |
| Other Comprehensive Income | ₹17.75 Billion | +10.87% |
| Total Change | ₹- | 40.67% |
Book Value vs Market Value Analysis
This analysis compares Reliance Power Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹0.00 | ₹21.94 | x |
| 2007-03-31 | ₹0.56 | ₹21.94 | x |
| 2008-03-31 | ₹39.78 | ₹21.94 | x |
| 2009-03-31 | ₹40.50 | ₹21.94 | x |
| 2010-03-31 | ₹60.34 | ₹21.94 | x |
| 2011-03-31 | ₹65.13 | ₹21.94 | x |
| 2012-03-31 | ₹62.63 | ₹21.94 | x |
| 2013-03-31 | ₹66.24 | ₹21.94 | x |
| 2014-03-31 | ₹69.40 | ₹21.94 | x |
| 2015-03-31 | ₹73.55 | ₹21.94 | x |
| 2016-03-31 | ₹72.11 | ₹21.94 | x |
| 2017-03-31 | ₹76.17 | ₹21.94 | x |
| 2018-03-31 | ₹75.70 | ₹21.94 | x |
| 2019-03-31 | ₹61.95 | ₹21.94 | x |
| 2020-03-31 | ₹42.31 | ₹21.94 | x |
| 2021-03-31 | ₹43.66 | ₹21.94 | x |
| 2022-03-31 | ₹36.41 | ₹21.94 | x |
| 2023-03-31 | ₹33.32 | ₹21.94 | x |
| 2024-03-31 | ₹30.65 | ₹21.94 | x |
| 2025-03-31 | ₹39.89 | ₹21.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reliance Power Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.87%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.53x
- Recent ROE (18.04%) is above the historical average (-0.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.08% | 0.00% | 0.00x | 1.02x | ₹-199.56 Million |
| 2008 | 0.63% | 0.00% | 0.00x | 1.08x | ₹-12.68 Billion |
| 2009 | 1.77% | 0.00% | 0.00x | 1.13x | ₹-11.33 Billion |
| 2010 | 4.73% | 3300.08% | 0.00x | 1.20x | ₹-7.62 Billion |
| 2011 | 4.52% | 72.10% | 0.04x | 1.54x | ₹-9.23 Billion |
| 2012 | 4.93% | 44.26% | 0.05x | 2.23x | ₹-8.90 Billion |
| 2013 | 5.44% | 20.53% | 0.09x | 2.79x | ₹-8.47 Billion |
| 2014 | 5.28% | 14.90% | 0.12x | 2.88x | ₹-9.19 Billion |
| 2015 | 4.98% | 14.90% | 0.11x | 3.01x | ₹-10.35 Billion |
| 2016 | 4.43% | 8.69% | 0.16x | 3.16x | ₹-11.27 Billion |
| 2017 | 5.17% | 10.62% | 0.16x | 3.00x | ₹-10.33 Billion |
| 2018 | 3.96% | 8.76% | 0.15x | 2.93x | ₹-12.83 Billion |
| 2019 | -16.99% | -35.99% | 0.14x | 3.34x | ₹-46.90 Billion |
| 2020 | -34.35% | -52.92% | 0.14x | 4.49x | ₹-52.63 Billion |
| 2021 | 1.87% | 2.88% | 0.16x | 4.15x | ₹-9.96 Billion |
| 2022 | -8.19% | -12.85% | 0.15x | 4.23x | ₹-21.40 Billion |
| 2023 | -4.06% | -6.27% | 0.15x | 4.19x | ₹-16.30 Billion |
| 2024 | -17.81% | -26.21% | 0.18x | 3.77x | ₹-32.30 Billion |
| 2025 | 18.04% | 38.87% | 0.18x | 2.53x | ₹13.14 Billion |
Industry Comparison
This section compares Reliance Power Limited's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $30,587,298,479
- Average return on equity (ROE) among peers: 22.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reliance Power Limited (RPOWER) | ₹165.16 Billion | 0.08% | 1.52x | $725.55 Million |
| Adani Energy Solutions Limited (ADANIENSOL) | $10.70 Billion | 8.33% | 9.72x | $3.76 Billion |
| Adani Power Limited (ADANIPOWER) | $2.78 Billion | -0.82% | 1.35x | $9.37 Billion |
| Orient Green Power Company Limited (GREENPOWER) | $4.46 Billion | -12.90% | 3.25x | $83.17 Million |
| GVK Power & Infrastructure Limited (GVKPIL) | $12.45 Billion | -29.19% | 16.52x | $21.94 Million |
| Jaiprakash Power Ventures Limited (JPPOWER) | $5.49 Billion | 10.55% | 2.12x | $1.09 Billion |
| JSW Energy Limited (JSWENERGY) | $12.00 Billion | 22.67% | 0.77x | $3.13 Billion |
| RattanIndia Power Limited (RTNPOWER) | $43.64 Billion | 203.87% | 1.19x | $252.68 Million |
| Surana Telecom and Power Limited (SURANAT&P) | $638.41 Million | 2.02% | 2.15x | $7.94 Million |
| Tata Power Company Limited (TATAPOWER) | $183.11 Billion | 0.92% | 3.12x | $7.68 Billion |