RattanIndia Power Limited

BSE: RTNPOWER533122ISIN INE399K01017

Utilities
Power Generation
BSE 1000

Share price

₹6.53+0.24 (+3.82%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹10.95
52W low: ₹5.88
Off 52W high: -40.37%
1M return: -2.97%
3M return: -25.20%
6M return: -35.92%
1Y return: -39.59%
20D avg volume: 13,43,114
50 DMA: ₹6.90
200 DMA: ₹8.39

Key ratios Consolidated

Market cap: ₹3,507 Cr
Current price: ₹6.53
52W high / low: ₹10.95 / ₹5.88
Face value: ₹10.00
P/E: 19.34
P/B: 0.74
EPS (TTM): ₹0.34
Book value / share: ₹8.79
ROE: —
ROCE: 6.30%
Operating margin: —
Net margin: —
Debt / equity: 0.78
Net debt: ₹3,627 Cr
Interest cover: 1.11
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 342.5 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	702.85	798.55	787.69	727.99	653.72	821.96	936.25	733.32	682.43	931.83	913.96	806.38
	84.88	67.88	67.42	98.66	89.69	98.93	92.36	90.92	88.96	84.53	81.77	81.92
	787.73	866.43	855.11	826.65	743.41	920.89	1,029	824.24	771.39	1,016	995.73	888.30
	749.36	820.58	812.27	772.39	774.96	934.00	902.67	819.91	772.74	923.36	1,016	1,460
	544.51	611.07	591.74	530.28	539.00	653.59	658.26	556.86	526.54	684.93	648.29	571.68
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	18.48	18.79	16.80	17.70	17.03	17.57	15.64	16.21	16.92	14.27	13.81	15.48
	82.88	85.93	90.70	110.47	112.08	148.18	118.38	115.87	123.76	120.76	239.27	719.45
	61.74	61.07	63.51	61.41	60.86	60.53	59.88	61.02	60.49	59.34	68.57	106.12
	41.75	43.72	49.52	52.53	45.99	54.13	50.51	69.95	45.03	44.06	45.83	47.57
	38.37	45.85	42.84	54.26	-31.55	-13.11	125.94	4.33	-1.35	93.00	-20.04	-572.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10,635	0.00
	38.37	45.85	42.84	54.26	-31.55	-13.11	125.94	4.33	-1.35	93.00	10,615	-572.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	50.71	14.97
	38.37	45.85	42.84	54.26	-31.55	-13.11	125.94	4.33	-1.35	93.00	10,666	-586.97
	0.07	0.09	0.08	0.10	-0.06	-0.02	0.23	0.01	—	0.17	19.86	-1.09
Key metrics
	182.99	192.85	197.05	226.14	141.39	195.60	304.20	181.22	182.90	273.10	10,923	253.57
	26.00%	24.20%	25.00%	31.10%	21.60%	23.80%	32.50%	24.70%	26.80%	29.30%	1,195.10%	31.40%
	5.50%	5.70%	5.40%	7.50%	-4.80%	-1.60%	13.50%	0.60%	-0.20%	10.00%	1,167.00%	-72.80%
	1.50%	—	1.60%	—	0.90%	—	2.80%	—	—	—	—	—
	7.50%	-2.80%	-15.90%	-0.70%	-4.20%	-11.80%	2.40%	-9.10%	—	—	—	—
	221.60%	449.70%	-66.00%	1,153.10%	-2,237.00%	-114.10%	-98.80%	100.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,017	2,991	3,284	3,364	3,231	3,260
	318.84	354.70	356.77	340.78	328.20	409.64
	3,336	3,346	3,641	3,705	3,559	3,669
	3,155	3,294	3,419	5,463	5,409	5,213
	2,278	2,315	2,427	2,473	2,239	2,251
	0.00	0.00	0.00	—	—	—
	71.77	69.10	63.04	60.42	55.89	50.04
	369.98	461.43	478.77	2,363	2,511	2,342
	247.73	246.31	240.73	381.94	404.37	414.45
	187.52	202.17	209.55	184.81	198.30	155.61
	181.32	52.44	221.92	-1,759	-1,849	-1,544
	0.00	0.00	0.00	10,635	0.00	-437.73
	181.32	52.44	221.92	8,876	-1,849	-1,981
	0.00	0.00	0.00	20.37	20.37	0.00
	181.32	52.44	221.92	8,897	-1,870	-1,981
	0.34	0.10	0.41	16.57	-3.48	-3.69
Key metrics
	799.03	760.18	941.42	11,622	1,066	774.79
	26.48%	25.40%	28.70%	345.50%	33.00%	23.80%
	6.01%	1.80%	6.80%	264.50%	-57.90%	-60.80%
	—	6.30%	8.10%	—	—	—
	-4.08%	-8.90%	-2.40%	4.10%	-0.90%	—
	111.80%	-76.40%	-97.50%	575.80%	5.60%	—
	—	294.33	293.25	—	—	—
	—	7.10	1.85	—	—	—
	—	0.78	0.77	—	—	—
	—	3,627	3,362	—	—	—
	—	342.5	280.8	—	—	—
Balance sheet
	—	9,613	9,796	—	—	—
	—	3,269	3,242	—	—	—
	—	10.25	177.83	—	—	—
	—	2,757	2,435	—	—	—
	—	202.14	263.37	—	—	—
	—	59.44	180.27	—	—	—
	—	6,103	6,062	—	—	—
	—	153.52	172.70	—	—	—
	—	1,457	1,100	—	—	—
	—	3,637	3,540	—	—	—
	—	909.03	277.30	—	—	—
	—	2,728	3,262	—	—	—
	—	4,638	4,585	—	—	—
Cash flow
	—	372.18	409.95	—	—	—
	—	65.61	86.90	—	—	—
	—	-605.37	-440.04	—	—	—
	—	77.85	116.70	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	702.85	798.55	787.69	727.99	653.72	821.96	936.25	733.32	682.43	931.83	913.96	806.38
	94.13	77.03	76.46	107.91	98.95	108.07	101.39	100.17	98.21	93.68	90.20	90.31
	796.98	875.58	864.15	835.90	752.67	930.03	1,038	833.49	780.64	1,026	1,004	896.69
	760.08	831.22	822.70	783.14	785.69	944.63	913.21	830.63	783.47	934.00	904.10	835.52
	544.51	611.07	591.74	530.28	539.00	653.59	658.26	556.86	526.54	684.93	647.67	568.92
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	18.48	18.79	16.80	17.70	17.03	17.57	15.64	16.21	16.92	14.27	13.71	15.41
	82.87	85.93	90.69	110.47	112.08	148.17	118.39	115.85	123.76	120.76	125.09	141.23
	63.22	62.56	64.99	62.90	62.35	62.02	61.36	62.51	61.98	60.83	60.81	60.34
	51.00	52.87	58.48	61.79	55.23	63.28	59.56	79.20	54.27	53.21	56.82	49.62
	36.90	44.36	41.45	52.76	-33.02	-14.60	124.43	2.86	-2.83	91.51	100.06	61.17
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	-1,245	—
	36.90	44.36	41.45	52.76	-33.02	-14.60	124.43	2.86	-2.83	91.51	-1,145	61.17
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	50.71	14.97
	36.90	44.36	41.45	52.76	-33.02	-14.60	124.43	2.86	-2.83	91.51	-1,094	46.20
	0.07	0.08	0.08	0.10	-0.06	-0.03	0.23	0.01	-0.01	0.17	-2.03	0.09
Key metrics
	182.99	192.85	197.13	226.13	141.41	195.59	304.18	181.22	182.91	273.10	-959.18	262.74
	26.00%	24.20%	25.00%	31.10%	21.60%	23.80%	32.50%	24.70%	26.80%	29.30%	-104.90%	32.60%
	5.30%	5.60%	5.30%	7.20%	-5.10%	-1.80%	13.30%	0.40%	-0.40%	9.80%	-119.70%	5.70%
	1.40%	—	1.60%	—	0.90%	—	2.70%	—	—	—	—	—
	7.50%	-2.80%	-15.90%	-0.70%	-4.20%	-11.80%	2.40%	-9.10%	—	—	—	—
	211.80%	403.80%	-66.70%	1,744.80%	-1,066.80%	-116.00%	111.40%	-93.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,017	2,991	3,284	3,364	3,231	3,260
	355.53	391.39	393.45	370.11	349.97	353.22
	3,373	3,383	3,677	3,734	3,581	3,613
	3,197	3,336	3,461	3,537	3,228	3,265
	2,278	2,315	2,427	2,464	2,230	2,248
	0.00	0.00	0.00	—	—	—
	71.77	69.10	63.04	60.13	55.60	49.22
	369.96	461.41	478.76	567.55	533.37	585.89
	253.67	252.26	246.68	237.34	222.07	226.71
	224.14	238.78	246.24	208.72	186.77	154.68
	175.47	46.59	215.97	196.87	353.02	348.13
	0.00	0.00	0.00	-1,245	—	—
	175.47	46.59	215.97	-1,048	353.02	348.13
	0.00	0.00	0.00	20.37	20.37	—
	175.47	46.59	215.97	-1,028	332.65	348.13
	0.33	0.09	0.40	-1.91	0.62	0.65
Key metrics
	799.10	760.26	941.41	-243.38	1,108	1,161
	26.49%	25.40%	28.70%	-7.20%	34.30%	35.60%
	5.82%	1.60%	6.60%	-30.60%	10.30%	10.70%
	—	6.10%	7.80%	—	—	—
	-4.08%	-8.90%	-2.40%	4.10%	-0.90%	—
	120.25%	-78.40%	121.00%	-409.00%	-4.40%	—
	—	294.32	293.26	—	—	—
	—	7.99	1.90	—	—	—
	—	0.75	0.74	—	—	—
	—	3,627	3,362	—	—	—
	—	342.5	280.8	—	—	—
Balance sheet
	—	9,817	10,006	—	—	—
	—	3,269	3,242	—	—	—
	—	10.18	177.77	—	—	—
	—	2,757	2,435	—	—	—
	—	202.14	263.37	—	—	—
	—	59.44	179.66	—	—	—
	—	6,057	6,025	—	—	—
	—	153.52	172.70	—	—	—
	—	1,457	1,099	—	—	—
	—	3,637	3,540	—	—	—
	—	908.92	277.19	—	—	—
	—	2,728	3,262	—	—	—
	—	4,842	4,795	—	—	—
Cash flow
	—	372.17	409.96	—	—	—
	—	65.61	86.90	—	—	—
	—	-605.37	-440.04	—	—	—
	—	77.85	116.70	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -2.54%
Sales CAGR 5Y: —
Profit CAGR 3Y: -48.07%
Profit CAGR 5Y: —
Sales YoY (TTM): -4.08%
Profit YoY (TTM): +120.25%

Consolidated

Sales CAGR 3Y: -2.54%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -4.08%
Profit YoY (TTM): +111.80%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 44.06%

Quarter	September 2026	June 2026
Promoter %	44.06%	44.06%

Holder	Type	Holding	Previous	Change
RR INFRALANDS PRIVATE LIMITED	Promoter	24.06%	24.06%	0.00%
RATTANINDIA ENTERPRISES LIMITED	Promoter	20.00%	20.00%	0.00%
POWER FINANCE CORPORATION LTD	Public	4.38%	4.38%	0.00%
REC LIMITED	Public	1.72%	1.72%	0.00%
Anjali Nashier Family Trust	Promoter	0.00%	0.00%	0.00%
Rajiv Rattan Family Trust 2	Promoter	0.00%	0.00%	0.00%
JARUL INFRASTRUCTURE PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
Rajiv Rattan	Promoter Group	0.00%	0.00%	0.00%
Anjali Nashier Family Trust 2	Promoter	0.00%	0.00%	0.00%
HELIOTROPE REAL ESTATE PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
Rajiv Rattan Family Trust	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
NTPC Limited	3,11,942	321.70	10.24	8.60%	+7.39% TTM	+24.83% TTM	-2.72%
Adani Green Energy Limited	2,27,492	1,381.10	101.15	6.50%	+20.93% TTM	-3.27% TTM	+27.18%
JSW Energy Limited	93,306	508.90	33.61	7.50%	+26.38% TTM	+24.37% TTM	-3.57%
NHPC Limited	78,803	78.45	18.47	4.10%	+12.02% TTM	+23.69% TTM	-6.72%
NTPC GREEN ENERGY LIMITED	70,335	83.47	107.08	2.90%	+49.22% TTM	+8.45% TTM	-16.90%
NLC India Limited	34,444	248.40	10.23	7.70%	+16.51% TTM	+45.49% TTM	-5.23%
ACME Solar Holdings Limited	29,745	420.80	39.35	7.10%	+53.70% TTM	+57.50% TTM	+53.60%
SJVN LIMITED	22,026	56.05	22.27	5.90%	+98.93% TTM	+77.73% TTM	-35.83%
NAVA LIMITED	14,821	523.10	15.24	11.10%	+8.98% TTM	-29.91% TTM	-13.93%
Clean Max Enviro Energy Solutions Limited	14,670	1,247.35	78.18	5.10%	—	—	—
Juniper Green Energy Limited	14,495	254.75	—	—	—	—	—
Vedanta Power Limited	13,991	35.78	—	—	—	—	—
Jaiprakash Power Ventures Limited	9,444	13.78	19.17	6.80%	+5.95% TTM	-33.67% TTM	-23.15%
Reliance Power Limited	7,618	18.42	-24.04	4.90%	+2.87% TTM	-110.25% TTM	-54.76%
GMR Power and Urban Infra Limited	7,362	94.26	-47.42	18.30%	+4.38% TTM	-118.75% TTM	-23.24%
KPI Green Energy Limited	5,854	296.15	11.89	11.10%	+40.01% TTM	+32.95% TTM	-44.35%
RattanIndia Power Limited	3,507	6.53	19.34	6.30%	-4.08% TTM	+111.80% TTM	-39.59%
Gujarat Industries Power Co. Ltd S	2,638	169.95	5.25	4.20%	+23.78% TTM	+150.02% TTM	-4.87%
Ujaas Energy Limited S	2,442	183.05	373.57	5.60%	-26.01% TTM	-3.52% TTM	+45.22%
INSOLATION ENERGY LIMITED	1,609	72.98	—	19.20%	—	—	-59.77%
K.P. Energy Limited	1,138	167.90	6.25	32.80%	+74.28% TTM	+48.57% TTM	-63.41%
Orient Green Power Company Limited	1,035	8.82	15.47	8.10%	-0.14% TTM	+16.17% TTM	-36.91%
GVK Power & Infrastructure Ltd	324	2.05	-55.06	-1,357.80%	-100.00% TTM	+99.25% TTM	-38.25%
Surana Telecom And Power Limited	206	15.18	6.81	11.50%	+140.45% TTM	+35.38% TTM	-28.97%
WAAREE TECHNOLOGIES LIMITED S	196	182.30	-46.98	-62.90%	—	—	-29.65%

Filings & corporate actions

Recent announcements

Earnings Update of RattanIndia Power Limited for the quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / General
Submission of Unaudited financial results (Standalone and Consolidated) of RattanIndia Power Limited for Quarter and half year ended September 30, 2026 along with Limited Review Report ....30 Oct 2026 · Result / Financial Results
Rattanindia Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve Un-audited Financial Results ....26 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure of material event.3 Oct 2026 · Company Update / General
Closure of Trading Window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Appointment of Statutory Auditors of the Company at the 19th AGM24 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
Details of the Voting results of 19th AGM of the Company.24 Sep 2026 · AGM/EGM / AGM
Summary of Proceedings of 19th AGM24 Sep 2026 · AGM/EGM / AGM
Please find attached clippings of Notice of 19th Annual General Meeting of the Company published in newspapers on September 03, 20263 Sep 2026 · Company Update / Newspaper Publication
Please find Notice of 19th Annual General Meeting and Annual Report of RattanIndia Power Limited for the F.Y. 2025-26.2 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Outcome of Board Meeting held on August 26, 2026.26 Aug 2026 · Others / Outcome without intimation
Update on Credit Rating10 Aug 2026 · Others
Release of Non Disposal Undertaking (NDU) on the shares of the Company27 Jul 2026 · Company Update / General
Earnings Update of RattanIndia Power Limited for the Quarter ended on June 30, 2026.24 Jul 2026 · Company Update / General
Unaudited financial results for the quarter ended on June 30, 2026 along with Limited Review Report thereon.24 Jul 2026 · Result / Financial Results
Rattanindia Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/07/2026 ,inter alia, to consider and approve Unaudited Financial Results ....20 Jul 2026 · Board Meeting / Board Meeting
Certificate in terms of regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026.9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading window29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Annual Secretarial Compliance Report of RattanIndia Power Limited for the year ended March 31, 202619 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Earnings Update7 May 2026 · Company Update / General
Audited financial results for the quarter and year ended on March 31, 20267 May 2026 · Result / Financial Results
Audited financial results for the quarter and financial year ended on March 31, 20267 May 2026 · Board Meeting / Outcome of Board Meeting
Submission of the disclosures received from the Trusts as per SEBI Exemption order dated September 12, 2025.4 May 2026 · Company Update / General
Rattanindia Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2026 ,inter alia, to consider and approve the Audited Financial Results ....4 May 2026 · Board Meeting / Board Meeting
Certificate in terms of regulation 74(5) of SEBI (Depositary and Participants) Regulation, 2018, for the quarter ended March 31, 2026.16 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for closure of trading window under Regulation 9 of SEBI (PIT) Regulations, 2015.30 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 7(2) of SEBI (PIT) Regulations, 2015.27 Mar 2026 · Company Update / General
Disclosure under Regulation 7(2) of SEBI (PIT) Regulations, 2015.27 Mar 2026 · Company Update / General
Earnings Update for the quarter and nine months ended December 31, 2025.30 Jan 2026 · Company Update / General
Unaudited Financial Results for the Quarter and Nine months ended December 31, 2025 along with Limited Review Report thereon.30 Jan 2026 · Result / Financial Results
Rattanindia Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2026 ,inter alia, to consider and approve Unaudited Financial Results ....27 Jan 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended on December 31, 2025.12 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window30 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajiv Rattan & Others24 Nov 2025 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosures under Regulation 7(1)(b) of SEBI (PIT) Regulations, 2015.24 Nov 2025 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajiv Rattan Family Trust24 Nov 2025 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Earnings update for the quarter and half year ended September 30, 2025.31 Oct 2025 · Company Update / General
Unaudited financial results for the quarter and half year ended September 30, 2025 along with limited review report of the statutory auditors thereon.31 Oct 2025 · Result / Financial Results
Rattanindia Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2025 ,inter alia, to consider and approve unaudited financial results ....28 Oct 2025 · Board Meeting / Board Meeting

Board meetings

30 Oct 2026 Board Meeting - Financial Results
24 Jul 2026 Board Meeting - Financial Results