RattanIndia Power Limited (RTNPOWER) - Net Assets
Based on the latest financial reports, RattanIndia Power Limited (RTNPOWER) has net assets worth Rs46.38 Billion INR (≈ $501.55 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs96.13 Billion ≈ $1.04 Billion USD) and total liabilities (Rs49.75 Billion ≈ $538.05 Million USD). 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. Also explore RattanIndia Power Limited asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs46.38 Billion |
| % of Total Assets | 48.24% |
| Annual Growth Rate | 4.82% |
| 5-Year Change | N/A |
| 10-Year Change | 13.92% |
| Growth Volatility | 74.63 |
RattanIndia Power Limited - Net Assets Trend (2008–2026)
This chart illustrates how RattanIndia Power Limited's net assets have evolved over time, based on quarterly financial data. Check RTNPOWER intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for RattanIndia Power Limited (2008–2026)
The table below shows the annual net assets of RattanIndia Power Limited from 2008 to 2026. For live valuation and market cap data, see market cap of RattanIndia Power Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs46.38 Billion ≈ $501.55 Million |
+1.15% |
| 2025-03-31 | Rs45.85 Billion ≈ $495.85 Million |
+5.07% |
| 2024-03-31 | Rs43.64 Billion ≈ $471.94 Million |
+196.27% |
| 2023-03-31 | Rs-45.33 Billion ≈ $-490.22 Million |
-70.30% |
| 2022-03-31 | Rs-26.62 Billion ≈ $-287.86 Million |
-323.20% |
| 2021-03-31 | Rs-6.29 Billion ≈ $-68.02 Million |
-247.66% |
| 2020-03-31 | Rs4.26 Billion ≈ $46.06 Million |
+155.91% |
| 2019-03-31 | Rs-7.62 Billion ≈ $-82.39 Million |
-130.47% |
| 2018-03-31 | Rs25.00 Billion ≈ $270.40 Million |
-38.58% |
| 2017-03-31 | Rs40.71 Billion ≈ $440.25 Million |
-18.57% |
| 2016-03-31 | Rs49.99 Billion ≈ $540.65 Million |
-1.94% |
| 2015-03-31 | Rs50.98 Billion ≈ $551.37 Million |
-5.13% |
| 2014-03-31 | Rs53.74 Billion ≈ $581.19 Million |
-0.66% |
| 2013-03-31 | Rs54.10 Billion ≈ $585.08 Million |
+22.68% |
| 2012-03-31 | Rs44.10 Billion ≈ $476.93 Million |
+4.43% |
| 2011-03-31 | Rs42.23 Billion ≈ $456.71 Million |
+8.56% |
| 2010-03-31 | Rs38.90 Billion ≈ $420.70 Million |
+62.75% |
| 2009-03-31 | Rs23.90 Billion ≈ $258.49 Million |
+20.30% |
| 2008-03-31 | Rs19.87 Billion ≈ $214.88 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to RattanIndia 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs53.70 Billion | 115.79% |
| Total Equity | Rs46.38 Billion | 100.00% |
RattanIndia Power Limited Competitors by Market Cap
The table below lists competitors of RattanIndia Power Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cementos Bio-B
SN:CEMENTOS
|
$511.20 Million |
|
Penyao Environmental Protection Co Ltd Class A
SHE:300664
|
$511.27 Million |
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
$511.38 Million |
|
IEI Integration Corp
TW:3022
|
$511.87 Million |
|
Stark Technology Inc
TW:2480
|
$511.02 Million |
|
PVA TePla AG
XETRA:TPE
|
$510.97 Million |
|
ZH.JIN.ENV.HLDG DL-00001
F:3UG
|
$510.55 Million |
|
Wajax Corporation
TO:WJX
|
$510.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RattanIndia Power Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 45,850,300,000 to 46,377,100,000, a change of 526,800,000 (1.1%).
- Net income of 524,400,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 7,850,800,000.
- Other factors decreased equity by 7,848,400,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs524.40 Million | +1.13% |
| Other Comprehensive Income | Rs7.85 Billion | +16.93% |
| Other Changes | Rs-7.85 Billion | -16.92% |
| Total Change | Rs- | 1.15% |
Book Value vs Market Value Analysis
This analysis compares RattanIndia 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: 1.00x
- 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.
- The price-to-book ratio has increased from 0.74x to 1.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | Rs11.82 | Rs8.80 | x |
| 2009-03-31 | Rs14.22 | Rs8.80 | x |
| 2010-03-31 | Rs21.22 | Rs8.80 | x |
| 2011-03-31 | Rs20.72 | Rs8.80 | x |
| 2012-03-31 | Rs21.13 | Rs8.80 | x |
| 2013-03-31 | Rs21.19 | Rs8.80 | x |
| 2014-03-31 | Rs20.33 | Rs8.80 | x |
| 2015-03-31 | Rs18.21 | Rs8.80 | x |
| 2016-03-31 | Rs17.56 | Rs8.80 | x |
| 2017-03-31 | Rs14.30 | Rs8.80 | x |
| 2018-03-31 | Rs8.48 | Rs8.80 | x |
| 2019-03-31 | Rs-2.57 | Rs8.80 | x |
| 2020-03-31 | Rs0.87 | Rs8.80 | x |
| 2021-03-31 | Rs-1.25 | Rs8.80 | x |
| 2022-03-31 | Rs-4.96 | Rs8.80 | x |
| 2023-03-31 | Rs-8.44 | Rs8.80 | x |
| 2024-03-31 | Rs8.13 | Rs8.80 | x |
| 2025-03-31 | Rs8.47 | Rs8.80 | x |
| 2026-03-31 | Rs8.84 | Rs8.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RattanIndia 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): 1.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.75%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.07x
- Recent ROE (1.13%) is below the historical average (8.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.71% | 0.00% | 0.00x | 1.00x | Rs-1.85 Billion |
| 2009 | 3.48% | 0.00% | 0.00x | 1.01x | Rs-1.56 Billion |
| 2010 | 0.98% | 0.00% | 0.00x | 1.06x | Rs-3.51 Billion |
| 2011 | 0.13% | 1364.70% | 0.00x | 1.56x | Rs-4.17 Billion |
| 2012 | 1.97% | 0.00% | 0.00x | 2.51x | Rs-3.54 Billion |
| 2013 | -1.65% | -107015.53% | 0.00x | 2.84x | Rs-6.30 Billion |
| 2014 | -1.89% | -29.89% | 0.02x | 3.24x | Rs-6.38 Billion |
| 2015 | -13.03% | -106.21% | 0.03x | 3.67x | Rs-11.74 Billion |
| 2016 | -3.82% | -6.73% | 0.14x | 4.15x | Rs-6.91 Billion |
| 2017 | -15.49% | -45.33% | 0.07x | 5.21x | Rs-10.37 Billion |
| 2018 | -66.57% | -82.52% | 0.09x | 8.55x | Rs-19.13 Billion |
| 2019 | 0.00% | -172.62% | 0.10x | 0.00x | Rs-32.45 Billion |
| 2020 | 38.48% | 9.32% | 0.09x | 44.45x | Rs1.22 Billion |
| 2021 | 0.00% | -60.36% | 0.08x | 0.00x | Rs-8.79 Billion |
| 2022 | 0.00% | -60.79% | 0.18x | 0.00x | Rs-17.15 Billion |
| 2023 | 0.00% | -57.87% | 0.19x | 0.00x | Rs-14.17 Billion |
| 2024 | 203.87% | 264.47% | 0.35x | 2.19x | Rs84.60 Billion |
| 2025 | 4.84% | 6.76% | 0.34x | 2.14x | Rs-2.37 Billion |
| 2026 | 1.13% | 1.75% | 0.31x | 2.07x | Rs-4.11 Billion |
Industry Comparison
This section compares RattanIndia 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: $67,979,328,571
- Average return on equity (ROE) among peers: 4.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RattanIndia Power Limited (RTNPOWER) | Rs46.38 Billion | 0.71% | 1.07x | $511.07 Million |
| Adani Energy Solutions Limited (ADANIENSOL) | $26.71 Billion | 13.78% | 3.43x | $21.40 Billion |
| Adani Power Limited (ADANIPOWER) | $131.13 Billion | 9.69% | 4.99x | $44.56 Billion |
| Orient Green Power Company Limited (GREENPOWER) | $4.80 Billion | 7.29% | 2.81x | $127.87 Million |
| Jaiprakash Power Ventures Limited (JPPOWER) | $80.53 Billion | -19.82% | 3.61x | $1.39 Billion |
| JSW Energy Limited (JSWENERGY) | $144.98 Billion | 5.49% | 0.82x | $11.28 Billion |
| PTC India Limited (PTC) | $58.74 Billion | 7.59% | 1.83x | $576.57 Million |
| Torrent Power Limited (TORNTPOWER) | $28.98 Billion | 7.29% | 1.52x | $7.70 Billion |
About RattanIndia Power Limited
RattanIndia Power Limited, together with its subsidiary, Poena Power Development Limited, engages in power generation, distribution, trading and transmission, and other ancillary and incidental activities in India. It generates electricity through coal-based thermal power plants with an installed capacity of 2,700 MW located in Amravati and Nasik cities. The company also trades electricity in the… Read more