The shares of this renewable arm of the Ambani-led company are in focus after it participates in global bids for acquiring projects in its pipeline and looks to diversify its base.
With a market capitalisation of Rs 28,826 crores, the shares of Reliance Power Ltd are currently trading at Rs 69.7 per share, down by 9 percent from its 52-week high of Rs 76.49 per share. Over the past five years, the stock has delivered a robust return of 1,473 percent.
According to sources, Reliance Power is exploring opportunities globally to set up a 1,500 MW gas-based power project overseas. The company has submitted bids for gas-based projects in Kuwait, the UAE, and Malaysia.
Recently, the company had secured two major projects in Bhutan, comprising a 500 MW solar plant and a 770 MW hydropower project. If it wins any of the current international bids, Reliance Power will likely relocate two 750 MW power units, which are currently lying unused in India, to the new project sites overseas.
Financial Highlights
The company reported a revenue decline of 3.92 percent to Rs 7,583 crores in FY25 from Rs 7,893 crores in FY24. However, it reported a net profit of Rs 2,948 crores in FY25 as compared to a loss of Rs 2,068 crores in FY24.
The stock has delivered a negative ROE of 1.31 percent and an ROCE of 6.05 percent.Reliance Power Limited is a part of the Reliance Group and is one of India’s leading private sector power generation companies.
The company has an operating portfolio of 5,305 megawatts, which includes 3960 megawatts Sasan Power Limited (the world’s largest integrated coal-based power plant). For the past seven years, Sasan Power has consistently ranked as the best operating power plant in India.
Written by Satyajeet Mukherjee
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