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RattanIndia Power Ltd share Price Today

Company details

17.40
18.79
3.95
21.10
6M Return 97.79%
1Y Return 342.12%
Mkt Cap.(Cr) 10,090.43
Volume 71,375,241
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 71,375,241

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Electric Utilities company RattanIndia Power announced Q1FY24 results:

  • Company clocked total income of Rs 942 crore in Q1FY24 Vs Rs 924 crore in Q1FY23
  • Amravati Plant remains amongst the best-performing plants in Maharashtra having achieved 84% PLF and 87%  Availability till June 2023.
  • Received and unloaded highest-ever coal rakes in a quarter ( 414 nos. i.e a daily average of 4.5 rakes)
  • Company continues to timely service its debt obligations, having paid Rs 3,371 crore (principal and interest) since Jan 2020 (paid Rs 255 crore in Q1FY24), including Rs 763 crore as prepayment
  • During Q1FY24, the Company on 22 June 2023 raised a fresh loan of Rs 1,114 crore in the form of Non-Convertible Debentures and Term Loan, in a transaction led by Kotak Mahindra Bank and has fully repaid the balance senior secured term debt facilities of Aditya Birla ARC Limited (“ABARC”).
  • The outstanding secured external borrowing stands reduced to Rs 1,125 crore as on 30 June 2023 against a standalone Net worth of Rs 5,608 crore as on 31 March 2023

 

 

Result PDF

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RattanIndia Power Ltd shares SWOT Analysis

Strengths (11)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong Annual EPS Growth
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (3)

  • Red Flag: High Interest Payments Compared to Earnings
  • Declining Net Cash Flow : Companies not able to generate net cash
  • Companies with High Promoter Pledge

Opportunity (5)

  • Turnaround companies- loss to profit QoQ
  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)

Threats (2)

  • Red Flags: Firms linked to ongoing regulatory investigations/legal cases
  • Companies Increasing Debt as per Annual Report

Resistance and support

R1 19.3
R2 19.7
R3 20.6
Pivot

18.33

S1 17.9
S2 16.9
S3 16.5
EMA SMA
16.7
14.0
12.1
10.1
17.1
12.7
11.3
9.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
TOPGAIN FINANCE PRIVATE LIMITED Bulk Purchase 2024-05-21 13.96 30000000 NSE
TOPGAIN FINANCE PRIVATE LIMITED Bulk Sell 2024-05-21 14.09 30000000 NSE
MANSI SHARE AND STOCK ADVISORS PVT LTD Bulk Purchase 2024-05-16 12.6 37653600 NSE
Name Category Shares
RR INFRALANDS PRIVATE LIMITED PROMOTER 24.25%
RATTANINDIA ENTERPRISES LIMITED PROMOTER 19.81%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

RattanIndia Power Ltd Stocks COMPARISON

Financials( in Cr) RattanIndia Power Ltd NTPC Ltd Power Grid Corporation of India Ltd Adani Power Ltd Adani Green Energy Ltd
Price 18.79 368.45 321.50 746.75 1,806.30
% Change 4.97 -0.41 0.02 -0.94 0.49
Mcap Cr 10,090.43 357,273.66 299,014.42 288,016.92 286,123.70
Revenue TTM Cr 3,231.16 176,206.93 45,581.28 50,351.25 9,220.00
Net Profit TTM Cr -1,869.85 17,121.35 15,417.12 20,828.79 1,260.00
PE TTM 0.00 17.17 19.21 13.83 222.44
1 Year Return 342.12 98.79 76.95 178.85 89.08
ROCE 0.00 9.69 12.74 30.09 9.95
ROE 0.00 12.13 19.36 57.05 16.88
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -4,156.00 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,317.57 -2,589.17
LAST 3M 111,725.82 -36,230.77
LAST 6M 182,653.52 -16,910.03
LAST 12M 290,144.87 98,834.05

RattanIndia Power Ltd Information

Stock PE (TTM)
0
Promoter Holding
44.06%
Book Value
8.1262
ROCE
0%
ROE
0%
Description
  • RattanIndia Power Ltd. (formerly known Indiabulls Power Ltd) is a unit of Indiabulls Real Estate Ltd. The Company is principally engaged in the business of dealing in power generation, distribution, trading and transmission and other ancillary and incidental activities. The Company participate in various coal based thermal, hydro, and renewable energy projects, as well as in coal mining opportunities. The company is developing five thermal power projects with an aggregate installed capacity of 6,615 megawatts. These projects include, Amravati Phase-I, Amravati Phase-II, Nasik in Maharashtra; and Bhaiyathan Thermal Power Project and Chhattisgarh Power Project in Chhattisgarh. It is also developing four medium sized hydro-power projects aggregating to 167 megawatts in Arunachal Pradesh. Indiabulls Power Ltd was incorporated on October 8, 2007 as Sophia Power Company Ltd. The company was established to capitalize on emerging opportunities in the Indian power sector. In October 25, 2007, the Government of Arunachal Pradesh entered into a memorandum of agreement with Indiabulls Real Estate Ltd for the execution of the 30 MW Tharang Warang Hydro Electric Project, 31 MW Pichang Hydro Electric Project, 46 MW Sepla Hydro Electric Project and 60 MW Phangchung Hydro Electric Project. In December 17, 2007, the company received the letter of support from Government of Maharashtra for the Amravati Phase I Power Project. In April 2, 2008, the company received the letter of intent from Chhattisgarh State Electricity Board for the proposal and bid in relation to the Bhaiyathan Power Project. In June 6, 2008, the company signed an MoU with the Government of Jharkhand with regard to the establishment of 1,320 MW coal fired thermal power project in Jharkhand. In July 30, 2008, they signed an MoU with the Government of Madhya Pradesh for the establishment of a 2,640 MW coal fired thermal power project in Chhindwara, Madhya Pradesh. In October 13, 2008, Indiabulls CSEB Bhaiyathan Power Ltd. a subsidiary company entered into a long term power purchase agreement with Chhattisgarh State Electricity Board in terms of which 65% of the installed capacity of the Bhaiyathan Power Project to be sold to Chhattisgarh State Electricity Board. In November 3, 2008, the company received the letter of support from Government of Maharashtra for the Nashik Power Project. In December 2008, as per the scheme of arrangement, Indiabulls Power Service Ltd was amalgamated with the company with effect from April 1, 2008. In April 29, 2009, the company signed an MoU with Maharashtra State Electricity Distribution Company Ltd for procuring generation capacity and for the purchase of electricity on a long term basis. The company is developing the Stage I of the 1,320 MW of the 2640 MW Amravati Thermal Power Plant and has offered generation capacity in aggregate of 1000 MW as well as sale and supply of electricity in bulk there from to Maharashtra State Electricity Distribution Company Ltd for a term of 25 years. In June 5, 2009, the company entered into a power purchase agreement with Tata Power Trading Company Ltd for sale of upto 1,000 MW of power to Tata Power Trading Company Ltd from their Amravati Phase I Power Project. In July 2009, the name of the company was changed from Sophia Power Company Ltd to Indiabulls Power Ltd. Composite Scheme of Arrangement by and among the Company, Indiabulls Infrastructure Development Limited (IIDL) and their respective shareholders and creditors, for amalgamation of IIDL with the Company, was approved by shareholders and creditors of the Company on March 03, 2012 and subsequently by the Hon`ble High Court of Delhi, vide its order dated May 24, 2012. The Scheme came into effect on June 2, 2012, w.e.f. April 1, 2012 (The Appointed date for the Scheme), bringing about the Amalgamation of IIDL with the Company, thereby enhancing its net worth by approximately ` 1045 crores. Indiabulls Infrastructure Development Limited (IIDL) was merged with Company and their respective shareholders and creditors, on May 24, 2012 by the High Court of Delhi, which became effective on June 2, 2012, through Composite Scheme of Arrangement, thereby enhancing its net worth by approximately Rs 1045 crores. The Boiler & ESP foundations for Unit 1 to 5 was completed with erection work in full swing. More than 20,000 MT Boiler & 11,150 MT ESP materials were erected. The milestone activities of Boiler Drum lifting of Unit 1 to 5 and Hydraulic test of Unit 1 & 2 was completed. On TG front, TG Decks for all the 5 Units got completed and erection of Turbine Generator & Auxiliaries progressed as per schedule. The civil works of Twin Flue Chimney 1 and Triple Flue Chimney 2 was completed; The Boiler and ESP foundations was completed and approx. 16,170 MT Boiler & 7,540 MT ESP material was erected. The Boiler Drums of all 5 Units were lifted and Hydraulic test of Unit 1 also got completed. The Company is engaged in the execution of various Civil Engineering infrastructure Projects like Roads and Highways (Construction,BOT,O&M) , Buidling, Housing & Urban Infrastructure, Railways/Metro and other infrastructure. In addition, the Company provides integrated Engineering, Procurement and Construction (EPC) services for Civil Construction and Infrastructure sector projects. During the year 2012-13, Suratgarh Bikaner Toll Road Company Private Limited was incorporated on 25 March, 2013; MBL (MP) Road Nirman Company Limited was incorporated on 7 March, 2013 and MBL Projects Limited was incorporated on 12 December 2012. In 2012-13, the Company executed and commenced a number of praiseworthy projects in the States of Andhra Pradesh, Assam, Bihar, Delhi, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Orissa, Rajasthan, Uttar Pradesh, Uttarakhand and West Bengal. It completed the execution of the BOT project of 114 kms Seoni- Balaghat- Gondia State Highway in the State of Madhya Pradesh. It completed Housing Project at Rajiv Gandhi Thermal Power Project, Khedar-Hissar, Haryana. It completed two Railway Under Bridge (RUB) projects at Narela, Delhi and Badli, Delhi. During year 2014-15, the name of Company got changed from Indiabulls Power Ltd to Rattanindia Power Ltd effective from October 30, 2014. Fama Power Company Ltd ceased to be the Subsidiary of the Company during 2014-15. The Company set a new benchmark in power plant construction and errection by commissioning 3 units. The Amravati plant was fully commissioned with capacity 1350 MW (5X270MW). It commissioned the transmission system for evacuation of power from Amravati Power Plant, including 104 km 400 KV D/C Quad Moose Line from Amravati Project to Akola Substation and 7 km long LILO 400 kV single circuit line connecting to Koradi -Akola line. The Company completed 25 km long railway line between Walgaon and Amravati power plant. Unit I of the 1350 MW Phase I Nashik Project was commissioned. During the year 2015-16, fifteen subsidiaries of the Company namely Albina Power Limited, Apesh Power Limited, Mariana Power Limited, Devona Power Projects Development Limited, Devona Electric Limited, Hecate Power Solutions Limited, Sentia Electric Power Limited, Sentia Electric Energy Limited, Fornax Power Limited, Zeus Energy Limited, Serida Power Limited, Varali Power Limited, Lenus Power Limited, Chloris Power Limited and Ashkit Power Limited ceased to be the subsidiaries of the Company. Phase 1 of Nasik Thermal Power Plant (Nashik TPP) with generation capacity of 1350 MW was fully commissioned and operational in June, 2017 and all 5 units, each having a generation capacity of 270MW, were commissioned in 2017. During the year 2016-17, ten subsidiaries of the Company namely Mabon Power Limited, Poena Power Company Limited, Devona Power Systems Limited, Devona Power Management Limited, Devona Power Supply Limited, Devona Power Solutions Limited, Albina Powergen Limited, Albina Power Utility Limited, Hecate Hydro Electric Power Limited and Hecate Power Company Limited ceased to be the subsidiaries of the Company. Sinnar Thermal Power Plant (Sinnar TPP) was commissioned in June, 2017. Sinnar Power Transmission Company Limited ceased to be a subsidiary of the Company effective on March 31, 2022.

Registered Address

A-49 Ground Floor Road No 4, Mahipalpur, New Delhi, New Delhi, 110037

Tel : 91-11-46611666
Email : ir_rpl:rattanindia.com; gtoshkhani:rattanindia.com
Website : http://www.rattanindia.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533122
NSE Code : RTNPOWER
Book Closure Date (Month) : Sep
BSE Group : T
ISIN : INE399K01017

FAQ’s on RattanIndia Power Ltd Shares

You can buy RattanIndia Power Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy RattanIndia Power Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:59 PM the closing price of RattanIndia Power Ltd was Rs.18.79.

The latest PE ratio of RattanIndia Power Ltd as of Jun 14, 2024 03:59 PM is 0.00

The latest PB ratio of RattanIndia Power Ltd as of Jun 14, 2024 03:59 PM is 0.43

The 52-week high of RattanIndia Power Ltd share price is Rs. 21.10 while the 52-week low is Rs. 3.95

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:59 PM, the market cap of RattanIndia Power Ltd stood at Rs. 10,090.43.

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