India Power Corporation Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 8, 2025, 11:13 am

Quick Insight

India Power Corporation Ltd, currently trading at ₹12.8 with a market capitalization of ₹1,248 crore, presents a complex investment case. Despite a staggering P/E ratio of 464, which suggests overvaluation compared to industry peers, the company's return on equity (ROE) stands at a mere 0.44%, and its return on capital employed (ROCE) is only 2.88%. The operational performance is further highlighted by an alarming operating profit margin (OPM) of -73.44%. With borrowings at ₹153 crore against reserves of ₹785 crore, the interest coverage ratio (ICR) of 2.20x indicates some ability to meet interest obligations, albeit with a cash conversion cycle (CCC) of 65 days that may affect liquidity. Given the low foreign institutional investment (FIIs) and domestic institutional investment (DIIs) at 0.14% and 0.12% respectively, alongside a significant promoter holding of 59.47%, investors should approach this stock cautiously, prioritizing a thorough assessment of operational improvements before considering any positions.

Competitors of India Power Corporation Ltd

All Competitor Stocks of India Power Corporation Ltd

Quarterly Result

Last Updated: August 1, 2025, 10:00 pm

Below is a detailed analysis of the quarterly data for India Power Corporation Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

• For Sales, as of Jun 2025, the value is 158.00 Cr.. The value appears strong and on an upward trend. It has increased from 132.00 Cr. (Mar 2025) to 158.00 Cr., marking an increase of 26.00 Cr..
• For Expenses, as of Jun 2025, the value is 153.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 229.00 Cr. (Mar 2025) to 153.00 Cr., marking a decrease of 76.00 Cr..
• For Operating Profit, as of Jun 2025, the value is 6.00 Cr.. The value appears strong and on an upward trend. It has increased from -97.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 103.00 Cr..
• For OPM %, as of Jun 2025, the value is 4.00%. The value appears strong and on an upward trend. It has increased from -73.00% (Mar 2025) to 4.00%, marking an increase of 77.00%.
• For Other Income, as of Jun 2025, the value is -233.00 Cr.. The value appears to be declining and may need further review. It has decreased from 103.00 Cr. (Mar 2025) to -233.00 Cr., marking a decrease of 336.00 Cr..
• For Interest, as of Jun 2025, the value is 4.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 6.00 Cr. (Mar 2025) to 4.00 Cr., marking a decrease of 2.00 Cr..
• For Depreciation, as of Jun 2025, the value is 9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 9.00 Cr..
• For Profit before tax, as of Jun 2025, the value is -240.00 Cr.. The value appears to be declining and may need further review. It has decreased from -9.00 Cr. (Mar 2025) to -240.00 Cr., marking a decrease of 231.00 Cr..
• For Tax %, as of Jun 2025, the value is 1.00%. The value appears to be increasing, which may not be favorable. It has increased from -26.00% (Mar 2025) to 1.00%, marking an increase of 27.00%.
• For Net Profit, as of Jun 2025, the value is -241.00 Cr.. The value appears to be declining and may need further review. It has decreased from -7.00 Cr. (Mar 2025) to -241.00 Cr., marking a decrease of 234.00 Cr..
• For EPS in Rs, as of Jun 2025, the value is -2.48. The value appears to be declining and may need further review. It has decreased from -0.07 (Mar 2025) to -2.48, marking a decrease of 2.41.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Profit & Loss - Annual Report

Last Updated: July 22, 2025, 3:55 pm

Growth

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 12:13 pm

Below is a detailed analysis of the balance sheet data for India Power Corporation Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

• For Equity Capital, as of Mar 2025, the value is 97.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 97.00 Cr..
• For Reserves, as of Mar 2025, the value is 785.00 Cr.. The value appears to be declining and may need further review. It has decreased from 924.00 Cr. (Mar 2024) to 785.00 Cr., marking a decrease of 139.00 Cr..
• For Borrowings, as of Mar 2025, the value is 153.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 209.00 Cr. (Mar 2024) to 153.00 Cr., marking a decrease of 56.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 776.00 Cr.. The value appears to be improving (decreasing). It has decreased from 824.00 Cr. (Mar 2024) to 776.00 Cr., marking a decrease of 48.00 Cr..
• For Total Liabilities, as of Mar 2025, the value is 1,812.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,055.00 Cr. (Mar 2024) to 1,812.00 Cr., marking a decrease of 243.00 Cr..
• For Fixed Assets, as of Mar 2025, the value is 969.00 Cr.. The value appears strong and on an upward trend. It has increased from 882.00 Cr. (Mar 2024) to 969.00 Cr., marking an increase of 87.00 Cr..
• For CWIP, as of Mar 2025, the value is 10.00 Cr.. The value appears to be declining and may need further review. It has decreased from 14.00 Cr. (Mar 2024) to 10.00 Cr., marking a decrease of 4.00 Cr..
• For Investments, as of Mar 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2024) to 2.00 Cr., marking a decrease of 2.00 Cr..
• For Other Assets, as of Mar 2025, the value is 831.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,155.00 Cr. (Mar 2024) to 831.00 Cr., marking a decrease of 324.00 Cr..
• For Total Assets, as of Mar 2025, the value is 1,812.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,055.00 Cr. (Mar 2024) to 1,812.00 Cr., marking a decrease of 243.00 Cr..

Notably, the Reserves (785.00 Cr.) exceed the Borrowings (153.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Cash Flow

Free Cash Flow

Share Holding Pattern

Key Financial Ratios

After reviewing the key financial ratios for India Power Corporation Ltd, here is a detailed analysis based on the latest available data and recent trends:

• For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
• For Basic EPS (Rs.), as of Mar 24, the value is 0.11. This value is below the healthy minimum of 5. It has increased from 0.10 (Mar 23) to 0.11, marking an increase of 0.01.
• For Diluted EPS (Rs.), as of Mar 24, the value is 0.11. This value is below the healthy minimum of 5. It has increased from 0.10 (Mar 23) to 0.11, marking an increase of 0.01.
• For Cash EPS (Rs.), as of Mar 24, the value is 0.51. This value is below the healthy minimum of 3. It has increased from 0.47 (Mar 23) to 0.51, marking an increase of 0.04.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 5.53. It has decreased from 9.71 (Mar 23) to 5.53, marking a decrease of 4.18.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 9.82. It has increased from 9.71 (Mar 23) to 9.82, marking an increase of 0.11.
• For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 6.67. It has increased from 6.40 (Mar 23) to 6.67, marking an increase of 0.27.
• For PBDIT / Share (Rs.), as of Mar 24, the value is 0.74. This value is below the healthy minimum of 2. It has increased from 0.21 (Mar 23) to 0.74, marking an increase of 0.53.
• For PBIT / Share (Rs.), as of Mar 24, the value is 0.39. This value is within the healthy range. It has increased from -0.08 (Mar 23) to 0.39, marking an increase of 0.47.
• For PBT / Share (Rs.), as of Mar 24, the value is 0.22. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.22.
• For Net Profit / Share (Rs.), as of Mar 24, the value is 0.17. This value is below the healthy minimum of 2. There is no change compared to the previous period (Mar 23) which recorded 0.17.
• For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 0.17. This value is below the healthy minimum of 2. It has increased from 0.16 (Mar 23) to 0.17, marking an increase of 0.01.
• For PBDIT Margin (%), as of Mar 24, the value is 11.10. This value is within the healthy range. It has increased from 3.30 (Mar 23) to 11.10, marking an increase of 7.80.
• For PBIT Margin (%), as of Mar 24, the value is 5.95. This value is below the healthy minimum of 10. It has increased from -1.35 (Mar 23) to 5.95, marking an increase of 7.30.
• For PBT Margin (%), as of Mar 24, the value is 3.34. This value is below the healthy minimum of 10. It has decreased from 3.54 (Mar 23) to 3.34, marking a decrease of 0.20.
• For Net Profit Margin (%), as of Mar 24, the value is 2.58. This value is below the healthy minimum of 5. It has decreased from 2.73 (Mar 23) to 2.58, marking a decrease of 0.15.
• For NP After MI And SOA Margin (%), as of Mar 24, the value is 2.64. This value is below the healthy minimum of 8. It has increased from 2.54 (Mar 23) to 2.64, marking an increase of 0.10.
• For Return on Networth / Equity (%), as of Mar 24, the value is 3.19. This value is below the healthy minimum of 15. It has increased from 1.67 (Mar 23) to 3.19, marking an increase of 1.52.
• For Return on Capital Employeed (%), as of Mar 24, the value is 2.74. This value is below the healthy minimum of 10. It has increased from -0.59 (Mar 23) to 2.74, marking an increase of 3.33.
• For Return On Assets (%), as of Mar 24, the value is 0.83. This value is below the healthy minimum of 5. It has increased from 0.78 (Mar 23) to 0.83, marking an increase of 0.05.
• For Long Term Debt / Equity (X), as of Mar 24, the value is 0.29. This value is within the healthy range. It has increased from 0.21 (Mar 23) to 0.29, marking an increase of 0.08.
• For Total Debt / Equity (X), as of Mar 24, the value is 0.39. This value is within the healthy range. It has increased from 0.29 (Mar 23) to 0.39, marking an increase of 0.10.
• For Asset Turnover Ratio (%), as of Mar 24, the value is 0.31. It has increased from 0.27 (Mar 23) to 0.31, marking an increase of 0.04.
• For Current Ratio (X), as of Mar 24, the value is 1.38. This value is below the healthy minimum of 1.5. It has increased from 1.31 (Mar 23) to 1.38, marking an increase of 0.07.
• For Quick Ratio (X), as of Mar 24, the value is 1.36. This value is within the healthy range. It has increased from 1.29 (Mar 23) to 1.36, marking an increase of 0.07.
• For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 13.31. This value is below the healthy minimum of 20. It has decreased from 14.44 (Mar 23) to 13.31, marking a decrease of 1.13.
• For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 4.52. This value is below the healthy minimum of 20. It has decreased from 5.09 (Mar 23) to 4.52, marking a decrease of 0.57.
• For Earning Retention Ratio (%), as of Mar 24, the value is 86.69. This value exceeds the healthy maximum of 70. It has increased from 85.56 (Mar 23) to 86.69, marking an increase of 1.13.
• For Cash Earning Retention Ratio (%), as of Mar 24, the value is 95.48. This value exceeds the healthy maximum of 70. It has increased from 94.91 (Mar 23) to 95.48, marking an increase of 0.57.
• For Interest Coverage Ratio (X), as of Mar 24, the value is 2.20. This value is below the healthy minimum of 3. It has increased from 0.54 (Mar 23) to 2.20, marking an increase of 1.66.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.03. This value is below the healthy minimum of 3. It has increased from -0.35 (Mar 23) to 1.03, marking an increase of 1.38.
• For Enterprise Value (Cr.), as of Mar 24, the value is 1,678.90. It has increased from 1,262.47 (Mar 23) to 1,678.90, marking an increase of 416.43.
• For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.58. This value is within the healthy range. It has increased from 2.03 (Mar 23) to 2.58, marking an increase of 0.55.
• For EV / EBITDA (X), as of Mar 24, the value is 23.27. This value exceeds the healthy maximum of 15. It has decreased from 61.33 (Mar 23) to 23.27, marking a decrease of 38.06.
• For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.31. This value is within the healthy range. It has increased from 1.62 (Mar 23) to 2.31, marking an increase of 0.69.
• For Retention Ratios (%), as of Mar 24, the value is 86.68. This value exceeds the healthy maximum of 70. It has increased from 85.55 (Mar 23) to 86.68, marking an increase of 1.13.
• For Price / BV (X), as of Mar 24, the value is 2.78. This value is within the healthy range. It has increased from 1.07 (Mar 23) to 2.78, marking an increase of 1.71.
• For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.31. This value is within the healthy range. It has increased from 1.62 (Mar 23) to 2.31, marking an increase of 0.69.
• For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Fair Value

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Strength and Weakness