Reliance Power Limited (RPOWER.NS)

DCF Valuation · Utilities · Utilities - Independent Power Producers

Valuation as at 2026-08-12 · see also the NIFTY 500 Most Undervalued screen

About Reliance Power Limited

Reliance Power Limited, together with its subsidiaries, engages in the development, construction, and operation of power plants in India and internationally. Its portfolio of power projects is based on coal, gas, hydro, wind, and solar energy. The company owns and operates Sasan ultra mega power project, a coal-based power plant with a capacity of 3,960 megawatts; Rosa coal-based power project, with a capacity of 1,200; Samalkot power project, a gas-based power plant; a gas-based power plant; concentrated solar power project, a solar thermal installations with a capacity of 100 megawatts; Wind power project with a capacity of 100 megawatts; Renewable energy projects, a renewable energy portfolio through large-scale solar and battery energy storage projects; and Ultra Mega power project, a coal-based power plant with a capacity of 3,960 megawatts.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Reliance Power Limited RPOWER.NS

Utilities · Utilities - Independent Power Producers

Price
₹23.38
Market Cap
₹96.69B
Free Cash Flow
₹27.08B
Beta
0.84
P/E (TTM)
N/A
52-Week Range
₹20.17–₹50.85

Reliance Power Limited's price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-12

Share price · last 2 years

₹23.38 -23% vs 2024-08
NIFTY 50 ₹30.56₹40.09₹70.29₹39.95₹28.61₹23.38 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

₹0.16 +47% vs Q2 '25
₹0.11₹0.21₹0.06-₹1.19₹0.16Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per year

₹27.08B -26% vs FY23
₹36.39B₹31.74B₹19.38B₹27.08BFY23FY24FY25FY26

Dividend per share

No dividend history available.

Intrinsic value estimate · 5-year forecast

BEAR
₹59.35
vs current ₹23.38
+153.9% ✅ Undervalued
BASE
₹128.85
vs current ₹23.38
+451.1% ✅ Undervalued
BULL
₹184.46
vs current ₹23.38
+689.0% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
₹27.08B
Rough estimate: operating cash flow × 0.8
Risk-free rate
7.00% ● LIVE
Live 10-yr govt bond
Beta
0.84
Floored for non-US stocks
Equity risk premium
7.50%
Market-specific seed
Cost of debt
15.50%
Synthetic rating CC, ICR 0.8x
Tax rate
25.00%
Estimated default
Capital structure
E 39% / D 61%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth12.5%25.0%30.0%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)13.30%12.30%11.30%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 7.00% + 0.84 × 7.50% = 13.32% · WACC = weighted by 39%/61% capital structure

These numbers come from running Reliance Power Limited's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or RPOWER.NS's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with RPOWER.NS →

More NIFTY 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-12 from Yahoo Finance data, using the same engine as the full DCF tool and the NIFTY 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Reliance Power Limited (RPOWER.NS) undervalued?

The Base-case DCF estimates intrinsic value at ₹128.85 vs a price of ₹23.38 on 2026-08-12 — a +451.1% margin, so the Base case reads undervalued. This is a mechanical output, not advice.