Business Profile

Reliance Power Limited is part of the Reliance Anil Dhirubhai Ambani Group and is established to develop, construct and operate power projects domestically and internationally. The Company on its own and through subsidiaries is currently developing 16 large and medium sized power projects with a combined planned installed capacity of 33,780 MW, one of the largest portfolios of power generation assets under development in India. Our 16 power projects are planned to be diverse in geographic location, fuel type, fuel source and off-take, and each project is planned to be strategically located near an available fuel supply or load center. The identified project sites are located in western India (12,520 MW), northern India (9,080 MW) , northeastern India (4,220 MW), southern India (4,000 MW) and eastern India (3960 MW). They include seven coal-fired projects (18,880 MW) to be fueled by reserves from captive mines and supplies from India and abroad, two gas-fired projects (10,280 MW) to be fueled primarily by reserves from the Krishna Godavari Basin (the "KG Basin") off the east coast of India, and seven hydroelectric projects (4,620 MW), three of them in Arunachal Pradesh and one in Uttarakhand. Reliance Power has been successful in bagging three Ultra Mega Power Projects (3,960 MW each at Sasan in Madhya Pradesh & Tilaiya in Jharkhand and 4,000MW at Krishnapatnam in Andhra Pradesh). The 7,480 MW project to be located at Dadri in Uttar Pradesh is expected to be the largest gas-fired power project at a single location in the world. We intend to sell the power generated by these projects under a combination of long-term and short-term PPAs to state-owned and private distribution companies and industrial consumers.

Board of Directors:

Mr. Anil Dhirubhai Ambani

Mr. Ambani is the non executive Chairman of the Company. He holds a Bachelor's Degree in Science from the University of Bombay and a Master's Degree in Business Administration from The Wharton School, University of Pennsylvania, USA. Mr. Ambani is also the Chairman of Reliance Communications Limited, Reliance Capital Limited, Reliance Energy Limited and Reliance Natural Resources Limited. Till recently, Mr. Ambani also held the post of Vice Chairman and Managing Director in Reliance Industries Limited. Mr. Ambani joined Reliance Industries Limited in 1983 as Co-Chief Executive Officer. He is a member of the Wharton Board of Overseers, The Wharton School, USA, the Central Advisory Committee, Central Electricity Regulatory Commission, and the Board of Governors of the Indian Institute of Management (IIM), Ahmedabad and the Indian Institute of technology, Kanpur (IIT), and Executive Board, Indian School of Business (ISB), Hyderabad.

Mr. Ambani has received numerous awards and recognitions, including:

Voted the 'Businessman of the Year' in a poll conducted by the Times of India - TNS, December 2006.

Voted the 'Best Role Model' among business leaders in the biannual Mood of the Nation poll conducted by India Today magazine, August 2006.

Conferred 'the CEO of the Year 2004' in the Platts Global Energy Awards. Rated as one of 'India's Most Admired CEOs' for the sixth consecutive year in the

Business Barons - TNS Mode opinion poll, 2004.  

Shri S. L. Rao Mr. Rao is currently Chairman, Board of Governors of the Institute for Social and Economic Change, Bangalore; Distinguished Visiting Fellow at The Energy and Resources Institute (TERI); a widely read newspaper columnist, writer and speaker on management, consumer markets, the economy and energy issues. He is an economist by training and a professional manager with 29 years of experience in companies including in top management positions in marketing and general management, and a further 5 years in management consultancy. He taught marketing in management schools in India as visiting faculty. He was a Visiting Fellow at the Indian Ocean Centre, Australia (1996-98). In 1990, he was appointed Director General of the National Council of Applied Economic Research (NCAER, which during his tenure, was known for its data on Indian markets, human development indicators, social infrastructure and economic forecasting). He was the first Chairman of the Central Electricity Regulatory Commission (CERC) in 1998. He was formerly the President of the Madras Management Association (1983-84) and All India Management Association (1985-86), (1985-86), a founder and former Vice President of the People's Union for Civil Liberties in Tamil Nadu (1981-84). He was Founder Chairman of the Forum of Indian Regulators.  

Shri J. L. Bajaj Mr. Bajaj is former Chairman of Uttar Pradesh Electricity Regulatory Commission (UPERC). He retired from the Indian Administrative Service as Chairman of Administrative Reforms and Decentralisation Commission, Government of Uttar Pradesh. He served in Government of India as Adviser (Industry) Planning Commission, Additional Secretary in the Department of Economic Affairs and Joint Secretary, Plan Finance, Ministry of Finance. He also held the positions of Secretary (Planning) and Secretary (Finance) in the Government of Uttar Pradesh.  

Dr. V. K. Chaturvedi

Dr. Chaturvedi is a former Chairman & Managing Director of Nuclear Power Corporation of India Limited. He has also been a Member of the Atomic Energy Commission, Government of India and Chairman of World Association of Nuclear Operators (WANO), Tokyo Centre and also a Governor in the International WANO Board, London for 2 years. Dr. Chaturvedi is a gold medalist in mechanical engineering (1965 batch) from Vikram University and later he did his post-graduation in nuclear engineering from BARC training school, Mumbai. He has over 40 years of experience in relation to design, construction, commissioning and operation of nuclear power plants. He was conferred the 'Padma Shri' in the year 2001, one of India's highest civilian awards. He is also a recipient of number of other prizes and awards. 

Mr. K.H. Mankad

Mr. K.H. Mankad, aged 65 years, and Indian national, is the Whole-time Director and CEO of the Company. Mr.Mankad is a Bachelor of Commerce and Laws. He is an Associate Member of the Institute of Chartered Accountants of India, an Associate Member of the Institute of Company Secretaries of India and an Associate Member of the Institute of Cost and Works Accountants of India. He has over 32 years of experience in corporate finance, taxation, accounts, management and laws. He has been working with REL since 1995 and was its Director (Finance).

Dr. Yogendra Narain

Dr. Narain is a former Secretary-General, Rajya Sabha - the Upper House of the Parliament of India. Dr. Yogendra Narain retired from the Indian Administrative Services after serving for over 42 years. He has worked in various capacities in the administration in the State of Uttar Pradesh and the Government of India. He served as the Principal Secretary to the Governor, Uttar Pradesh; as Secretary, Ministry of Surface Transport, Government of India; Chief Secretary, Government of Uttar Pradesh and Defence Secretary to the Government of India. He is also the founder-Chairman of the Greater NOIDA Industrial Development Authority and the founder-Chairman of the National Highway Authority of India. Dr. Narain holds degrees. B.Sc., M.A. (Political Science), Diploma in Development Economics, M. Phil and Ph.D.

Board Of Advisors Of The Company

The Company has also constituted a Board of Advisors to provide guidance and assistance to the Company and its Board of Directors so as to help in achieving the vision and mission of the Company. Currently, the Board of Advisors of the Company consists of the following:

Mr. Anil Dhirubhai Ambani

Mr. Ambani is the non executive Chairman of the Company. He holds a Bachelor's Degree in Science from the University of Bombay and a Master's Degree in Business Administration from The Wharton School, University of Pennsylvania, USA. Mr. Ambani is also the Chairman of Reliance Communications Limited, Reliance Capital Limited, Reliance Energy Limited and Reliance Natural Resources Limited. Till recently, Mr. Ambani also held the post of Vice Chairman and Managing Director in Reliance Industries Limited. Mr. Ambani joined Reliance Industries Limited in 1983 as Co-Chief Executive Officer. He is a member of the Wharton Board of Overseers, The Wharton School, USA, the Central Advisory Committee, Central Electricity Regulatory Commission, and the Board of Governors of the Indian Institute of Management (IIM), Ahmedabad and the Indian Institute of technology, Kanpur (IIT), and Executive Board, Indian School of Business (ISB), Hyderabad.  Mr. C. P. Jain Mr. Jain is the former Chairman and Managing Director of National Thermal Power Corporation Limited. Mr. Jain's career spans over four decades of contribution in the fields of financial management, general management, strategic management and business leadership. He is a fellow member of the Institute of Chartered Accountants of India with an advanced diploma in Management and is a law graduate. Mr. C. P. Jain joined the Board of NTPC in 1993 as Director (Finance) and he was elevated as its Chairman and Managing Director in September 2000 and superannuated in March 2006. He is Chairman of the Global Studies Committee of World Energy Council (WEC), world's largest energy NGO with nearly hundred member-nations. He has been on several important committees of the Government of India, latest being the 'Adhoc Group of Experts on Empowerment of CPSEs'. He was Chairman of Standing Conference of Public Enterprises (SCOPE) between April 2003 and March 2005. Mr. Jain is a Director on the Board of Reliance Capital Limited, IL & FS Infrastructure Development Corporation and he is also a member of the Audit Advisory Board of the Comptroller and Audit General of India. 

Mr. Amitabh Jhunjhunwala

Mr. Amitabh Jhunjhunwala is a Fellow Chartered Accountant. He has had a wide exposure in developing, strategizing and overseeing businesses in financial services, power, telecommunication and entertainment sectors. Currently, he oversees and leads businesses in financial services and entertainment sectors of the Reliance ADA group. He has experience in the areas of finance, commercial, banking, accounts, and general management. Mr. Jhunjhunwala is the Group Managing Director of Reliance Anil Dhirubhai Ambani Group Limited. He is also Vice Chairman of Reliance Capital Limited and is a director on the Board of Harmony Art Foundation.

 Mr. Satish Seth

Mr Satish Seth is a Fellow Chartered Accountant and a law graduate. He has had a wide exposure in developing, strategizing and overseeing businesses in petrochemicals, petroleum, power, telecommunication, and infrastructure sectors. Currently, he oversees and leads businesses in power, telecommunication and infrastructure sectors of the Reliance ADA group. He has experience in the areas of finance, commercial, banking, accounts, audit, taxation, legal, project execution and general management. Mr. Seth is the Group Managing Director of Reliance Anil Dhirubhai Ambani Group Limited. Mr. Seth is also the Vice Chairman of Reliance Energy Limited and is a Director of Reliance Energy Trading Limited, Reliance Telecom Limited, WorldTel Holdings Limited, Reliance Gateway Net Limited and Reliable Internet Services Limited. Mr. Gautam Doshi

Mr. Gautam Doshi is a Fellow Chartered Accountant. He has experience in the areas of mergers and acquisition, income-tax, international taxation, accounting, auditing, finance, banking, legal, and general management. Till recently he was associated with RSM & Co., a well-known firm of Chartered Accountants, as a Senior Partner and with Ambit Corporate Finance Private Limited, a leading investment banker, as a founder director. Mr. Doshi is the Group Managing Director of Reliance Anil Dhirubhai Ambani Group Limited and is also a director on the Board of Adlabs Films Limited, Reliance Communications Infrastructure Limited, Reliance Life Insurance Limited and Reliance Asset Reconstruction Company Limited.

Subsidiaries

Sasan Power Limited

Sasan Power Limited (SPL) was incorporated on February 10, 2006. This company was incorporated as a wholly owned subsidiary of Power Finance Corporation Limited in order to build, own, operate and maintain the Sasan Ultra Megawatt Power Project at Sasan, Madhya Pradesh. It was transferred to Reliance Power under the provisions of a share purchase agreement dated August 7, 2007 and is now a fully owned subsidiary of Reliance Power. A public notice has been issued for the change of registered office from the National Capital Region of New Delhi to the state of Maharashtra. This change is subject to the approval of the Company Law Board.

Projects of SPL:

SPL is currently developing a 3,960 MW coal-fired UMPP to be located in Sasan, Madhya Pradesh, approximately 25 km from three captive pithead coalmines. The Power Finance Corporation Limited ("PFC") formed SPL and initially developed the Sasan project in order to expedite the process of obtaining approvals and clearances and to secure fuel resources. We were awarded the Sasan project following an international competitive bidding process at a levelized tariff of Rs. 1.196/kWh. SPL was transferred to us in August 2007.

The Sasan project will be a 6x660 MW coal-fired project and employ supercritical technology. The Sasan project is scheduled to be on-stream by December 2013, when the first 660 MW unit comes on-line. The project is scheduled to be fully commissioned by April 2016. The estimated cost of the Sasan project is Rs. 18,342 crore, which includes the initial capital costs related to the mining of coal.

Power Purchase Agreement has been executed with 14 Procurers comprising 7 States and their off take would be as follows; Madhya Pradesh (Lead Procurer) will be entitled for 37.50% share, followed by Punjab(15%), Uttar Pradesh(12.5%), Delhi(11.25%), Haryana(11.25%), Rajasthan(10%) and Uttarakand (2.5%).

Rosa Power Supply Company Limited

(RPSCL) was incorporated on September 1, 1994. It was a subsidiary of Aditya Birla Power Company Limited (ABPCL). It was transferred to Reliance Power subsequent to a share purchase agreement entered into between Aditya Birla Power Company Limited and Reliance Power on November 1, 2006, and is now a fully owned subsidiary of Reliance Power.

Project of RSPCL

RPSCLis developing a 600 MW coal-fired power project at Rosa village in Shahjahanpur, Uttar Pradesh, Rosa Phase I.

Rosa Phase I will be a 2x300 MW coal-fired power project and will employ subcritical PCC technology. RPSCL has arranged debt financing, and Rosa Phase I is now under construction. Rosa Phase I is scheduled to commence power generation operations (or be "on-stream") in December 2009, when its first 300 MW unit comes on-line. The project is scheduled to be fully commissioned in March 2010. The estimated cost of the Rosa Phase I project is Rs. 2,702 crore.

Rosa Phase II, a 600 MW expansion of Rosa Phase I will create a coal-fired project with combined generating capacity of 1,200 MW.

The government has granted approval for the Rosa Phase II expansion subject to the condition that Rosa Phase I will be implemented in accordance with the timeframe prescribed by the UPERC. Any additional capacity expansion beyond Rosa Phase II would also require specific approval from the UPERC.

Rosa Phase II will be a 2x300 MW coal-fired power project and employ subcritical technology. Rosa Phase II is scheduled to be on-stream by June 2010, when its first 300 MW unit is scheduled to come on-line. The project is scheduled to be fully commissioned in September 2010. The estimated cost of the Rosa Phase II project is Rs. 2,460 crore

Subsidiaries

Maharashtra Energy Generation Limited:

Maharashtra Energy Generation Limited (MEGL) was incorporated on June 29, 2005. This special purpose vehicle company is implementing the Shahapur Power Project at Shahapur, Alibag Raigad District, and Maharashtra. This company became a subsidiary of Reliance Power on August 28, 2007.

Projects of MEGL:MEGL is currently developing a 4,000 MW combined coal-fired and gas-fired power project at Shahapur, Maharashtra. The Shahapur project will be developed in two phases: Shahapur Coal involves the development of a 2x600 MW coal-fired project employing supercritical PCC technology, and Shahapur Gas involves the development of a gas-fired project consisting of 2 modules of 1,400 MW each employing CCGT technology. For Shahapur Coal, a 600 MW coal-fired unit is scheduled to be placed on stream by September 2011, and Shahapur Coal is scheduled to be fully commissioned in December 2011, when the second unit comes on-line. MEGL will also be developing a 2x1,400 MW gas based power project at Shahapur

The estimated cost of the Shahapur Coal and Shahapur Gas projects is Rs. 4,800 crore and Rs. 8,400 crore, respectively.

Vidarbha Industries Power Limited:

Vidarbha Industries Power Limited (VIPL) was incorporated on December 27, 2005, as a special purpose vehicle of Reliance Energy Limited to implement the Butibori Thermal Power project. This company became a subsidiary of Reliance Power on August 30, 2007.

Projects of VIPL:

VIPL is currently developing a 300 MW coal-fired power project to be located at the Maharashtra Industrial Development Corporation ("MIDC") Butibori Industrial Area in Nagpur, Maharashtra. MIDC awarded the Butibori project to REL in April 2006, which formed VIPL to serve as the special purpose vehicle for development of the project. REL sold VIPL to Reliance Power in August 2007.

In accordance with a notification issued by the Ministry of Power for captive power plants, at least 26% of the equity and at least 51% of the power must be sold to captive users.

The Butibori project will be a 2x150 MW coal-fired power project and employ subcritical technology. The first unit of the Butibori project is scheduled to be on-stream by March 2010. The project is scheduled to be fully commissioned by June 2010.

The estimated cost of the Butibori project is Rs. 1,405 crore.

Subsidiaries

Kalai Power Private Limited

Kalai Power Private Limited KPPL) was incorporated on September 26, 2007. This company has been formed to set up a power project at Kalai in the state of Arunachal Pradesh.

Projects of KPPL:

In June 2007, REL submitted a bid for the award of the Kalai II project, a 1,200 MW (8x150 MW) run-of-the-river hydroelectric power project on the Lohit River in Kumblung, Arunachal Pradesh. REL's bid included the following terms: 18% of the energy generated at the project would be provided free to the GOAP, a Rs. 111.60 crore upfront payment, a 24.99% equity stake for the GOAP in the special purpose vehicle used to develop the project and a contribution of Rs. 0.03/kWh of power generated to the local area development trust. In addition, the GOAP has the option to purchase all of the power generated from the project on mutually agreed terms and conditions. We believe that REL's bid is the most competitive and beneficial to the State of Arunachal Pradesh and we expect that the project will be awarded to REL. In September 2007, REL confirmed that upon receipt of the award of the project it will transfer all its rights and obligations in the Kalai II project to us, subject to GOAP approval.

The project is scheduled to be commissioned in March 2016. The estimated cost of the Kalai II project is Rs. 7,295 crore. We believe that the Kalai II project will operate at approximately 53% PLF. If the GOAP and we do not arrive at mutually agreed terms and conditions for a PPA for all the power generated at the project, we intend to sell the power to customers outside the State of Arunachal Pradesh under long-term or short-term PPAs

Registrar and Share Transfer AgentKarvy Computershare Private Limited Plot No. 17-24, Vittal Rao Nagar MadhapurHyderabad 500 081 Tel: (91 40) 2342 0815/ 2342 0816Fax: (91 40) 2342 0859 Contact Person: Mr. J Sivakumar Facsimile: (040) 2343 0859 Email: reliancepower.ipo@karvy.com Email: einward.ris@karvy.com Website: www.karvy.com

Key Financial Ratios of Reliance Power

------------------- in Rs. Cr. -------------------

Mar '05 Mar '06 Mar '07 Mar '08 Mar '09

Investment Valuation Ratios

Face Value 10.00 10.00 10.00 10.00 10.00

Dividend Per Share -- -- -- -- --

Operating Profit Per Share (Rs) -2.64 -22.27 0.07 -0.11 -0.31

Net Operating Profit Per Share (Rs) -- -- 0.11 -- --

Free Reserves Per Share (Rs) -3.65 -29.22 0.00 49.92 47.55

Bonus in Equity Capital -- -- -- -- 5.70

Profitability Ratios

Operating Profit Margin(%) -- -- -- -- --

Profit Before Interest And Tax Margin(%) -- -- -- -- --

Gross Profit Margin(%) -- -- -- -- --

Cash Profit Margin(%) -- -- -- -- --

Adjusted Cash Margin(%) -- -- 7.68 66.89 69.75

Net Profit Margin(%) -- -- 7.19 83.90 90.90

Adjusted Net Profit Margin(%) -- -- -- -- --

Return On Capital Employed(%) -- -- -- -- --

Return On Net Worth(%) -0.01 -0.13 0.08 -- --

Adjusted Return on Net Worth(%) -41.59 -- 0.08 0.55 1.38

Return on Assets Excluding Revaluations -0.01 -0.12 0.08 0.68 1.80

Return on Assets Including Revaluations -0.01 -0.12 0.08 0.68 1.80

Return on Long Term Funds(%) -41.59 -- 0.68 0.64 1.45

Liquidity And Solvency Ratios

Current Ratio 1.29 1.72 9.16 12.60 167.36

Quick Ratio 1.29 1.72 9.16 12.60 167.36

Debt Equity Ratio -- -- -- -- --

Long Term Debt Equity Ratio -- -- -- -- --

Debt Coverage Ratios

Interest Cover -- -- -- -- --

Total Debt to Owners Fund -- -- -- -- --

Financial Charges Coverage Ratio -- -- 1.67 15.27 113.42

Financial Charges Coverage Ratio Post Tax -- -- 1.20 17.54 142.03

Management Efficiency Ratios

Inventory Turnover Ratio -- -- -- -- --

Debtors Turnover Ratio -- -- 1.00 -- --

Investments Turnover Ratio -- -- -- -- --

Fixed Assets Turnover Ratio -- -- 0.02 -- --

Total Assets Turnover Ratio -- -- -- -- --

Asset Turnover Ratio

-- -- 0.03 -- --

Average Raw Material Holding -- -- -- -- --

Average Finished Goods Held -- -- -- -- --

Number of Days In Working Capital -- -- 6,229.69 15,720.58 --

Profit & Loss Account Ratios

Material Cost Composition -- -- -- -- --

Imported Composition of Raw Materials Consumed

-- -- -- -- --

Selling Distribution Cost Composition -- -- 0.57 1.31 --

Expenses as Composition of Total Sales -- -- -- -- --

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit -- -- -- -- --

Dividend Payout Ratio Cash Profit -- -- -- -- --

Earning Retention Ratio -- -- 100.00 100.00 100.00

Cash Earning Retention Ratio -- -- 100.00 100.00 100.00

Adjusted Cash Flow Times -- -- -- -- --

Mar '05 Mar '06 Mar '07 Mar '08 Mar '09

Earnings Per Share -2.64 -25.57 0.01 0.42 1.04

Book Value 6.35 -19.22 10.00 59.92 57.55

Source : Religare Technova

 

Stock Quotes:

Reliance Power Limited is an actively traded scrip on the bourses and is included in 'A' Group scrips of the Stock Exchange, Mumbai. Reliance Power Limited is traded on the nationwide network of terminals of the following Stock Exchanges :

National Stock Exchange of India Limited Exchange Plaza,Bandra-Kurla Complex,Bandra (East), Mumbai 400 051Telephone : 022-2659 8235/8236Facsimile : 022-2659 8237/8238Email: cmlist@nse.co.inWebsite : www.nseindia.comNSE Symbol: RPOWER

Bombay Stock Exchange Limited1st Floor, New Trading RingRotunda Building, P J TowersDalal Street, FortMumbai 400 001Telephone : 022-2272 3121/ 2272 3719Facsimile : 022-2272 2041 / 39Email:listing@bseindia.comWebsite : www.bseindia.comBSE Scrip Code: 532939

SWOT ANALYSIS

Strength:-- huge Capacity generation in pipeline- Growth in EPCdivision

Weak:-- Effect on balance sheet due to funding of New project

Opportunities:--Huge scope in power sector.-Setting up largest thermal plant in Orissa , which has huge deposits of Coal Reserves.

Threat:--Any delay in project implementation.-Increase in interest rate.

In a chat with moneycontrol.com on August 28, 2009 Gaba said, "In Relinace Power not much downside is expected. One can buy for long term." The target would be around 200 in time to come and stoploss at Rs 150."

Read full chat transcript

Share Price Movement During The Last 12 Months

Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss

3-Days 161.20 161.15 -0.05 -0.03

5-Days 156.40 161.15 4.75 3.04

7-Days 156.55 161.15 4.60 2.94

15-Days 159.20 161.15 1.95 1.22

1-Month 173.95 161.15 -12.80 -7.36

3-Month 178.60 161.15 -17.45 -9.77

6-Month 99.70 161.15 61.45 61.63

9-Month 109.65 161.15 51.50 46.97

1-Year 154.45 161.15 6.70 4.34

Capital Structure

Period Instrument Authorized Capital

Issued Capital - P A I D U P -

From To (Rs. cr) (Rs. cr) Shares (nos) Face Value Capital2008 2009 Equity Share 214.75 214.75 2147483647 10 214.75

2007 2008 Equity Share 214.75 214.75 2147483647 10 214.75

2006 2007 Equity Share 214.75 214.75 50000 10 0.05

2005 2006 Equity Share 0.25 0.05 50000 10 0.05

2004 2005 Equity Share 0.25 0.05 50000 10 0.05

Source : Religare Technova

Listing Details - Reliance Power

Key Dates

Year Ending Month MarAGM Date (Month) JulBook Closure Date (Month) Jul

Listing Information

Face Value Of Equity Shares 10Market Lot Of Equity Shares 1BSE Code 532939NSE Code RPOWERBSE Group A

Whether The Company Forms A Part Of The Following Indices -

Sensex NoNifty YesBSE-100 YesBSE-200 YesS&P CNX 500 YesCNX Midcap NoCNX FMCG No

Listing On

Listed OnThe Stock Exchange, Mumbai, National Stock Exchange of India Ltd.

Source : Religare Technova

Power - Generation/Distribution Power - Generation/Distribution

  

Bottom of Form

See how stocks within the sector have performed over the various time periods during the last 1 year. You can see the price as well as the percentage change for the relevant period over the current price.

26 Nov 10:43  

Company 1 Year 9 Month 6 Month 3 Month 1 Month 2 Week 1 Week Last Price

Adani Power 100.05-4.90%

100.05-4.90%

100.05-4.90%

102.60-7.26%

99.50-4.37%

94.001.22%

94.350.85%

95.15

BF Utilities 633.90121.22%

343.25308.54%

725.3593.33%

887.1058.08%

851.2064.74%

918.7552.63%

1195.7517.27%

1,402.30

CESC 192.9090.77%

203.0581.24%

355.503.52%

359.802.28%

383.50-4.04%

371.40-0.92%

374.90-1.84%

368.00

Energy Dev 39.1547.38%

36.4058.52%

68.40-15.64%

64.00-9.84%

63.65-9.35%

57.500.35%

57.350.61%

57.70

Guj Ind Power 38.90207.46%

43.20176.85%

84.8540.95%

98.0521.98%

109.509.22%

103.6515.39%

118.051.31%

119.60

GVK Power 16.31219.74%

19.20171.61%

40.5028.77%

48.707.08%

51.052.15%

50.453.37%

50.603.06%

52.15

IndiaBPower 39.25-17.20%

39.25-17.20%

39.25-17.20%

39.25-17.20%

39.25-17.20%

34.15-4.83%

34.20-4.97%

32.50

Indowind Energy 24.7576.36%

20.45113.45%

33.0032.27%

44.95-2.89%

42.801.99%

41.106.20%

43.400.58%

43.65

JaiprakashHydro 26.50168.49%

27.60157.79%

64.3510.57%

82.90-14.17%

71.90-1.04%

67.205.88%

70.001.64%

71.15

KSK Energy Vent 132.0057.61%

168.9523.14%

209.75-0.81%

211.60-1.68%

193.107.74%

198.604.76%

201.703.15%

208.05

Neyveli Lignite 52.45183.60%

72.85104.19%

134.5510.55%

131.2013.38%

138.607.32%

136.908.66%

154.65-3.82%

148.75

NHPC 36.70-15.12%

36.70-15.12%

36.70-15.12%

36.70-15.12%

32.05-2.81%

32.55-4.30%

32.15-3.11%

31.15

NTPC 153.6540.29%

180.0519.72%

212.751.32%

210.402.45%

217.25-0.78%

211.801.77%

214.150.65%

215.55

Power Grid Corp 73.5540.31%

91.1513.22%

116.30-11.26%

109.90-6.10%

110.00-6.18%

105.25-1.95%

104.70-1.43%

103.20

Reliance Infra 497.55113.31%

506.75109.43%

1131.60-6.21%

1141.10-6.99%

1201.00-11.63%

1101.90-3.68%

1150.10-7.72%

1,061.30

Reliance Power 107.8036.18%

100.0546.73%

169.00-13.14%

161.20-8.93%

157.60-6.85%

143.902.02%

151.65-3.20%

146.80

Suryachakra Pow 9.11100.33%

9.3495.40%

13.4735.49%

17.951.67%

19.90-8.29%

18.001.39%

18.60-1.88%

18.25

Tata Power 651.00108.29%

744.4082.16%

1076.3525.98%

1312.103.35%

1449.20-6.43%

1326.702.21%

1328.602.06%

1,356.00

Torrent Power 71.10354.99%

72.70344.98%

140.85129.68%

234.8537.75%

294.359.90%

331.50-2.41%

317.102.02%

323.50

  Bid OfferPrice 146.65 146.70Quantity 164.00 26.00  Bid Offer

Price 146.75 146.80Quantity 175.00 448.00

Market Cap 35,161.06

| * EPS (TTM) 1.33 | * P/E 110.30

| * P/C 110.30

* Book Value

57.55 | * Price/Book

2.55 | Div(%) 0.00 | Div Yield(%)

-

Market Lot 1.00 | Face Value 10.00

| Industry P/E

28.27

* As per latest stand alone adjusted profit after extra-ordinary items.

SchemeNo. of

Shares

SBI Magnum Contra Fund (G)1,627,18

9

SBI Magnum Tax Gain Scheme (G)1,222,69

5

SBI Blue Chip Fund (G) 799,880

SBI Arbitrage Opportunities Fund (G) 666,513

Groups: Power - Generation/Distribution

Company Last Price Market Cap

NTPC 215.20 177,442.39Power Grid Corp 102.90 43,308.98NHPC 31.10 38,255.31Tata Power 1,357.55 32,186.59Neyveli Lignite 148.25 24,872.04

Simple Moving Averages - Reliance PowerDays BSE NSE30 150.40 150.4150 156.25 156.27150 160.08 160.03200 146.03 146.00

Reliance Power Limited - Financial and Strategic Analysis Review

Summary

Reliance Power Limited (Reliance Power) is engaged in developing, constructing and operating power plants in domestic and international markets. The company is developing 13 power plants in India with a total installed capacity of 28,200 MW. The company is a part of Reliance Anil Dhirubhai Ambani Group, a leading Indian industrial house. Reliance Power operates through its subsidiaries and its power plant portfolio consists of six coal-fired projects, two gas-fired projects and four hydroelectric projects.

Global Markets Direct, the leading business information provider, presents an in-depth business, strategic and financial analysis of Reliance Power Limited. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis and Global Markets Direct’s views on the company.

Scope

-The company’s strengths and weaknesses and areas of development or decline are analyzed. Financial, strategic and operational factors are considered. -The opportunities open to the company are considered and its growth potential assessed. Competitive or technological threats are highlighted. -The report contains critical company information – business structure and operations, the company history, major products and services, key competitors, key employees and executive biographies, different locations and important subsidiaries.-It provides detailed financial ratios for the past five years as well as interim ratios for the last four quarters.-Financial ratios include profitability, margins and returns, liquidity and leverage, financial position and efficiency ratios.

Reasons to buy

-A quick “one-stop-shop” to understand the company. -Enhance business/sales activities by understanding customers’ businesses better.-Get detailed information and financial & strategic analysis on companies operating in your industry.-Identify prospective partners and suppliers – with key data on their businesses and locations.-Capitalize on competitors’ weaknesses and target the market opportunities available to them.

-Compare your company’s financial trends with those of your peers / competitors.-Scout for potential acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.