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India Power Corpn. Overview

India Power Corporation Ltd is engaged inside the electricity generation and distribution. The Company operates thru the section of generation and distribution of power in India. It operates a portfolio of renewable and traditional modes of power generation, transmission, distribution and power trading. It holds a distribution license across a place of over 620 square kilometers in the Asansol-Raniganj coal belt of West Bengal, in addition to some other distribution franchisee in Gaya, Bodh Gaya and Manpur covering over 1,630 sq km. It addition...Read More

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India Power Corpn. Key Financials

Market Cap ₹833 Cr.

Stock P/E 118.4

P/B 1

Current Price ₹8.6

Book Value ₹ 8.5

Face Value 1

52W High ₹15.5

Dividend Yield 0.58%

52W Low ₹ 8

India Power Corpn. Share Price

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Volume
Price

India Power Corpn. Quarterly Price

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India Power Corpn. Peer Comparison

India Power Corpn. Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 165 143 162 172 153 159 137 164 198 155
Other Income 8 7 7 9 8 5 89 4 3 4
Total Income 173 151 170 180 161 164 226 168 201 160
Total Expenditure 152 129 146 159 141 145 215 150 183 143
Operating Profit 21 22 24 21 20 19 11 18 19 16
Interest 8 8 7 8 7 6 6 4 4 4
Depreciation 8 8 9 9 9 9 9 9 9 9
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 5 8 4 4 4 -4 4 5 3
Provision for Tax 1 1 1 1 1 2 -2 1 2 1
Profit After Tax 3 4 7 3 3 3 -2 3 4 2
Adjustments 0 -0 0 0 -0 0 -0 0 0 0
Profit After Adjustments 3 4 8 3 3 3 -2 3 4 2
Adjusted Earnings Per Share 0 0 0.1 0 0 0 -0 0 0 0

India Power Corpn. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 718 720 833 1014 605 481 525 582 623 650 620 654
Other Income 2 41 40 213 77 27 18 24 27 29 111 100
Total Income 720 761 873 1228 682 508 544 606 650 679 732 755
Total Expenditure 622 645 788 911 545 431 442 573 629 607 691 691
Operating Profit 98 116 84 317 137 77 102 33 21 72 40 64
Interest 46 50 143 223 97 46 38 33 38 33 27 18
Depreciation 15 19 58 98 17 29 30 29 29 33 36 36
Exceptional Income / Expenses 0 0 322 37 1 24 -13 50 68 16 31 0
Profit Before Tax 37 47 206 33 24 25 20 21 21 22 9 8
Provision for Tax 13 9 23 14 7 12 -6 6 5 5 2 2
Profit After Tax 25 38 183 19 17 14 26 15 16 17 7 7
Adjustments -0 -4 -7 1 -1 -0 0 0 0 0 0 0
Profit After Adjustments 25 34 175 20 16 13 26 15 16 17 7 7
Adjusted Earnings Per Share 0.3 0.3 1.8 0.2 0.2 0.1 0.3 0.2 0.2 0.2 0.1 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -5% 2% 5% -1%
Operating Profit CAGR -44% 7% -12% -9%
PAT CAGR -59% -22% -13% -12%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -30% -11% -8% -6%
ROE Average 1% 2% 2% 2%
ROCE Average 3% 5% 4% 4%

India Power Corpn. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1031 1082 5004 5027 1160 1617 1640 1368 1006 1016 880
Minority's Interest 0 205 201 201 0 0 0 0 0 0 0
Borrowings 397 2271 3317 3089 291 127 164 216 205 159 123
Other Non-Current Liabilities 175 266 311 288 244 353 244 231 216 233 205
Total Current Liabilities 315 558 991 1380 538 468 459 483 593 650 615
Total Liabilities 1918 4382 9825 9985 2234 2566 2507 2298 2020 2059 1822
Fixed Assets 391 424 1956 1897 399 902 950 907 897 882 969
Other Non-Current Assets 1234 3632 5663 6226 1126 1176 951 725 346 281 13
Total Current Assets 293 326 2205 1862 709 488 606 666 777 896 841
Total Assets 1918 4382 9825 9985 2234 2566 2507 2298 2020 2059 1822

India Power Corpn. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 8 58 47 62 27 6 45 3 2 6 1
Cash Flow from Operating Activities 22 49 108 105 215 92 33 -5 68 85 79
Cash Flow from Investing Activities -128 -701 -1068 -110 243 -13 10 -11 -1 -18 -2
Cash Flow from Financing Activities 110 640 -461 -30 -469 -40 -84 15 -64 -72 -73
Net Cash Inflow / Outflow 4 -12 -1421 -35 -11 39 -42 -1 4 -5 4
Closing Cash & Cash Equivalent 12 47 62 27 6 45 3 2 6 1 4

India Power Corpn. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.26 0.35 1.8 0.2 0.17 0.14 0.27 0.16 0.16 0.18 0.07
CEPS(Rs) 0.41 0.59 2.47 1.2 0.35 0.44 0.57 0.45 0.46 0.52 0.44
DPS(Rs) 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Book NAV/Share(Rs) 9.97 10.49 50.77 51 11.29 15.99 11.63 9.02 5.36 9.82 8.41
Core EBITDA Margin(%) 13.42 10.5 5.35 10.17 9.97 10.38 15.96 1.67 -1.01 6.58 -11.45
EBIT Margin(%) 11.55 13.47 41.86 25.29 20.03 14.76 11.08 9.32 9.44 8.46 5.78
Pre Tax Margin(%) 5.21 6.46 24.72 3.27 4.02 5.28 3.88 3.65 3.35 3.41 1.4
PAT Margin (%) 3.46 5.23 21.93 1.89 2.88 2.84 4.99 2.64 2.54 2.64 1.13
Cash Profit Margin (%) 5.57 7.92 28.91 11.51 5.66 8.89 10.64 7.56 7.2 7.79 6.86
ROA(%) 1.37 1.19 2.57 0.19 0.29 0.57 1.03 0.64 0.73 0.84 0.36
ROE(%) 2.59 3.78 6.12 0.39 0.57 1.03 1.95 1.53 2.26 2.33 0.79
ROCE(%) 5.56 3.74 5.65 2.91 2.31 3.96 3.38 3.96 5.54 5.26 3.17
Receivable days 48.19 58.49 74.37 81.56 137.21 103.97 45.68 47.22 55.76 68.06 80.08
Inventory Days 9.17 9.14 21.71 28.43 25.27 6.39 5.46 5 5.18 5.25 6.58
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 66.47 50.15 24.77 133.22 80.68 45.22 43.29 85.13 63.65 87.3 156.79
Price/Book(x) 1.7 1.66 0.88 0.53 1.19 0.38 1 1.49 1.93 1.57 1.35
Dividend Yield(%) 0.29 0.29 0.11 0.18 0.37 0.81 0.43 0.37 0.48 0.32 0.44
EV/Net Sales(x) 3.04 5.78 9.48 6.27 2.9 1.84 2.68 2.78 2.03 2.58 1.96
EV/Core EBITDA(x) 22.23 35.8 93.63 20.09 12.81 11.57 13.81 48.64 61.33 23.27 30.2
Net Sales Growth(%) 3.43 0.27 15.63 21.81 -40.33 -20.51 9.21 10.86 6.97 4.27 -4.51
EBIT Growth(%) 4.9 16.93 259.41 -26.41 -52.74 -41.4 -18.03 -6.73 8.29 -6.48 -34.77
PAT Growth(%) -13.55 51.58 385.22 -89.48 -9.23 -21.62 91.74 -41.28 2.9 8.5 -59.09
EPS Growth(%) -13.56 36.45 416.88 -88.67 -18.2 -18.42 97.88 -41.29 2.91 8.49 -59.07
Debt/Equity(x) 0.57 2.46 0.76 0.77 0.43 0.22 0.26 0.37 0.54 0.22 0.19
Current Ratio(x) 0.93 0.58 2.22 1.35 1.32 1.04 1.32 1.38 1.31 1.38 1.37
Quick Ratio(x) 0.86 0.56 2.14 1.3 1.3 1.03 1.3 1.36 1.29 1.36 1.35
Interest Cover(x) 1.82 1.92 2.44 1.15 1.25 1.56 1.54 1.64 1.55 1.67 1.32
Total Debt/Mcap(x) 0.34 1.48 0.86 1.45 0.36 0.57 0.26 0.25 0.28 0.14 0.14

India Power Corpn. Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 59.49 59.49 59.47 59.47 59.47 59.47 59.47 59.36 59.33 59.33
FII 0.01 0 0.25 0.14 0.12 0.14 0.15 0.14 0.14 0.13
DII 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12
Public 40.37 40.38 40.16 40.27 40.28 40.27 40.25 40.38 40.41 40.42
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

India Power Corpn. News

India Power Corpn. Pros & Cons

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 2% over the last 3 years.
  • The company has delivered a poor profit growth of -12% over past five years.
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