1. RattanIndia Power
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RattanIndia Power Share Price

RTNPOWER

₹8.80-₹-- (--%) Past Year
₹8.65₹8.90
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Company overview

About

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Market cap

Market Cap Switch₹4,726 Cr

Open

₹8.65

Close

₹8.80

Circuit range

₹9.20 - ₹8.40

Day range

₹8.65 - ₹8.90

Year range

₹2.95 - ₹12.30

Volume

72,37,449

Avg. traded

₹8.83

Revenue (12m)

₹3,351 Cr

RattanIndia Power

Rattan India Power Ltd is one of the largest private power generation companies in India. It was established as Sophia Power Company Limited in 2007. As the company commenced operations, it received Memorandum of Association (MOA) from the government of Arunachal Pradesh for the development and execution of four different hydropower projects. The company also got approval from the Maharashtra government to set up its phase 1 power project in the state.

In 2008, the company got the Bhaiyathan Power Project from the government. It also amalgamated with the IPSL power generation company sanctioned by the Delhi High Court through an order during the same year.

In July 2008, the company signed an MoU with the Jharkhand Government to establish a thermal power plant in the state. Another project for developing a thermal power plant in Madhya Pradesh was given to Rattan Power in 2008.

In November 2008, Rattan Power received a letter of support from the Maharashtra Government for setting up a power plant in Nashik. Rattan Power and MSEDCL also signed an agreement in 2009. The agreement involved the procurement and supply of power generated by MSEDCL by Rattan Power up to the extent of 1000 MW.

The company changed its name to India Bulls Power Limited via a special resolution in 2009. By 2011, IndiaBulls Power had set up power plants with an aggregate capacity of 5400 MW across the country in different states.

The name of the company was changed to RattanIndia Power Limited in 2014. In 2015, the third unit of the Amravati Power plant became operational adding another 270MW capacity to the company’s total power generation. Rattan Power bagged a 40MW solar power project in 2016 from NTPC. Later, the company secured 160MW of ground-mounted solar contracts through bids conducted by NTPC and SECI.

The market capitalisation of Rattan Power stood at over ₹5,300 crore, as of February 27, 2024. Rattan India share price has gained more than 250% in the last three years.

Rattan Power business operations

Rattan Power has an installed capacity of 2700 MW at Amravati and Nashik in Maharashtra. These power plants are spread across 2,400 acres, including both the project locations.

In FY 2023, the company was able to secure 81.35% annual availability despite prolonged monsoons, spiralling coal prices, and strong headwinds in the region. The company supplies 23.6 Billion units of electricity annually through these power projects. The company has also developed 35km of railway lines for operations and 65km of water pipelines. Rattan Power is supplying power to MSEDCL through the Amravati Plant because of the 25-year-long power purchase agreement (PPA) signed between the two.

Financial highlights

The company’s consolidated revenue from operations in FY23 stood at ₹3,231.16 crore as against ₹3,259.51 crore in FY22. The company narrowed down its net loss to ₹1,869.85 crore in FY23 compared to ₹1,981.44 crore in FY22. The company’s EBITDA (earnings before interest, tax, depreciation and amortisation) stood at ₹1108.46 crore in FY23. The earnings per share (EPS) for FY23 stood at ₹(-3.48) as against ₹(-3.69) in FY22.

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RattanIndia Power Key indicators

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52 week high

₹12.30

52 week low

₹2.95

P/E ratio

-99999.99

P/B ratio

-0.75

ROE

6.11%

ROCE

9.27%

Dividend yield

--

Debt/Equity ratio

0.69

EPS

0.62

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Investment checklist: (3/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

34.32%

Net profit margin

10.3%

ROE

6.11%

ROA

2.98%

ROCE

9.27%

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RattanIndia Power Shareholder returns

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1 day

-NaN%

1 week

-8.33%

1 month

-NaN%

3 months

-18.89%

1 year

+166.67%

3 years

+232.08%

5 years

+220.00%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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RattanIndia Power Share Price history

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DayOpenCloseDay’s change
Fri, Apr 12 2024
₹8.65
₹8.80
+1.70%
Wed, Apr 10 2024
₹8.95
₹8.80
-1.70%
Tue, Apr 9 2024
₹9.20
₹9.10
-1.10%
Mon, Apr 8 2024
₹9.40
₹9.10
-3.30%
Fri, Apr 5 2024
₹9.50
₹9.25
-2.70%
Thu, Apr 4 2024
₹9.80
₹9.60
-2.08%
Wed, Apr 3 2024
₹9.20
₹9.50
+3.16%
Tue, Apr 2 2024
₹8.70
₹9.05
+3.87%

Shareholding info

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Promoters (44.06%)

Mutual Funds (0.06%)

Retail and other (48.3%)

Foreign institutions-FII (0.76%)

Other domestic institutions (6.82%)

Retail and other

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Events

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Frequently asked questions