Arthneeti

India Power Corporation Share Price & Earnings Call Analysis

₹6.38+1.75% today
Market cap
₹621 Cr
P/E
44.41
ROE
1.45%
PEG
-6.39
Price to sales
0.89
Debt to equity
0.14
52W high / low
₹11.8 / ₹5.49
Sales growth (5Y)
5.39%
EBITDA margin
1.10%
Net profit margin
1.88%
Promoter holding
59.14%
Sales (last year)
₹706 Cr

Incorporated in 1919, India Power Corporation Ltd is engaged in business of Power Distribution, Renewable Power Generation and Smart Grid.

Potential multibaggers · Q2 FY27

Potential multibaggers in Power
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does India Power Corp rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Power companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹1,519 Cr7.8
240%+Flat₹28,615 Cr48.0
340%+Flat₹14,613 Cr93.2
440%+Flat₹14,055 Cr532.8
520–40%Flat₹3.64L Cr20.0
620–40%Flat₹2.14L Cr109.5

Sign up free to see every company in the sector ranking and track India Power Corp.

Pro shows every company guiding 40%+ revenue growth →Full Power ranking

Financials of India Power Corp

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

India Power Corp

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +59.49%59.47%59.47%59.47%59.47%59.47%59.36%59.33%59.33%59.33%59.15%59.14%
FIIs +0.00%0.25%0.14%0.12%0.14%0.15%0.14%0.14%0.13%0.13%0.12%0.12%
DIIs +0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%
Public +40.38%40.16%40.27%40.28%40.27%40.25%40.38%40.41%40.42%40.42%40.61%40.61%
No. of Shareholders59,23392,95698,4341,13,1331,14,4821,14,1961,13,6561,11,9281,09,0851,07,5241,06,8101,05,699

Financials of India Power Corp

Quarterly Results

Quarter-by-quarter operating performance

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +178.76165.21143.46162.26171.67152.92159.06136.72163.67197.94155.32166.08186.93
Expenses +164.00158.70130.92153.97163.80148.77150.44228.47157.90191.16161.63169.00176.70
Operating Profit14.766.5112.548.297.874.158.62-91.755.776.78-6.31-2.9210.23
OPM %8.26%3.94%8.74%5.11%4.58%2.71%5.42%-67.11%3.53%3.43%-4.06%-1.76%5.47%
Other Income +7.0414.109.1316.0713.1115.9010.75102.7312.0611.9522.4321.957.88
Interest9.548.387.807.127.846.706.306.344.414.363.916.433.01
Depreciation8.338.128.488.518.768.878.908.998.968.979.008.908.77
Profit before tax3.934.115.398.734.384.484.17-4.354.465.403.213.706.33
Tax %30.03%29.68%26.16%13.40%29.45%29.69%36.45%-57.01%31.84%29.81%42.37%-11.89%33.65%
Net Profit +2.752.893.987.563.103.152.65-1.873.053.781.854.144.22
EPS in Rs0.030.030.040.080.030.030.03-0.020.030.040.020.040.04

Financials of India Power Corp

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +718720833736526481525582623650620683706
Expenses +6226211,112638471431456573630607691680698
Operating Profit9799-2799855507010-743-7138
OPM %13%14%-33%13%10%10%13%1.6%-1.2%7%-11%0.5%1.1%
Other Income +2176852327550187395461426864
Interest4650143203914638333833271918
Depreciation15195893162930292933363636
Profit before tax37472053423252021212291719
Tax %34%19%11%41%30%47%-28%28%24%22%19%24%
Net Profit +25381822016132615161771314
EPS in Rs0.250.391.800.200.170.140.270.160.160.180.070.130.14
Dividend Payout %20%13%3%25%30%37%19%32%31%28%69%0%

Financials of India Power Corp

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital979797979797979797979797
Reserves9339854,9074,9291,0621,5201,5431,271908919782793
Borrowings +5552,5183,7413,843468342299328282213156127
Other Liabilities +3327811,0791,115606606568602732830786840
Total Liabilities1,9184,3829,8259,9852,2342,5662,5072,2982,0202,0591,8221,857
Fixed Assets +3914241,9561,897399902950907897882969956
CWIP202,3984,2115,1216884222115141011
Investments31271,387379106100100993310
Other Assets +1,1941,5532,2712,5871,6611,4801,4361,2711,1051,160843891
Total Assets1,9184,3829,8259,9852,2342,5662,5072,2982,0202,0591,8221,857

Financials of India Power Corp

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +22491081052159233-468857975
Cash from Investing Activity +-128-701369-110232-1310-12-1-18-2-11
Cash from Financing Activity +110640-461-30-469-40-8415-64-72-73-64
Net Cash Flow4-1215-35-2139-42-14-54-0
Free Cash Flow-3-641-194-8011586618-1775766655
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit34%58%-39%110%401%190%53%5%-937%202%-114%2,304%

Financials of India Power Corp

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days50679112214549465362768064
Inventory Days102
Days Payable1,953
Cash Conversion Cycle506791122145494653627680-1,786
Working Capital Days-24-53205-7102-28371-41-15-48-67
ROCE %6%4%0%2%2%4%3%3%4%4%3%3%
5out of 100

Momentum score · price trend

5 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−47.0%6%
Last 6 months−38.3%3%
Last 3 months−16.7%27%

The price is 85.9% below its all-time high of ₹44.55 (31 Mar 2017). Stocks more than 20% below their peak have their score halved, so 9 became 5.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For India Power Corp: 0.4 × 6 + 0.4 × 3 + 0.2 × 27 = 9, halved to 5 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

Others in Power this season

  • Clean Max Enviro (Q2 FY27)

    Q2 FY27 Revenue from Operations: ₹7,277 million, up 37% YoY from ₹5,306 million in Q2 FY26 (Page 9). Key investor presentation takeaways from Clean Max Enviro E

  • PTC India (Q2 FY27)

    Q2 FY2027 Operational Income: ₹133.90 Crs, slightly down from ₹136.91 Crs in Q2 FY2026. Key investor presentation takeaways from PTC India Ltd's Q2 FY27 investo

  • Power Grid Corpn (Q2 FY27)

    Standalone Total Income Q2 FY27: ₹11,900 crore, +5% YoY (Q2 FY26: ₹11,348 crore) . Key investor presentation takeaways from Power Grid Corporation of India Ltd'

  • NTPC (Q2 FY27)

    Quarter ended 30.09.2026: ₹54,715.69 crore . Key results statement takeaways from NTPC Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

Compare:vs Adani Powervs NTPCvs Power Grid Corpn