The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
RattanIndia Power Limited is an India-based power generation company. The Company is principally engaged in the business of dealing in power generation, distribution, trading and transmission, and other ancillary and incidental activities. The Company’s thermal power projects…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling business, priced for perfection — but flagged on governance.
RattanIndia Power is scored on the commodity / cyclical framework. It keeps a thin 1.6% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 7.10× reported profit. It throws off free cash worth 12.3% of its market value — a strong free-cash yield.
Return on equity is a weak 3.8%. In the latest quarter profit fell 16% versus the prior quarter.
At 66× earnings, the stock sits at the 80th percentile of its own 2.6-year range — the expensive end of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The forensic screen raises a red flag: 676% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 19.56 | — | — |
| P/B | 0.76 | 2.53 | better |
| EV/EBITDA | 8.94 | 28.92 | better |
| ROE | 3.84 | 11.4 | worse |
| ROCE | 6.03 | 9.78 | worse |
| ROA | 1.88 | — | — |
| Quick Ratio | 2.11 | 1.98 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Power | 21.1 | 5.1 | 23.7% |
| NTPC | 10.3 | 1.5 | 13.9% |
| Power Grid Corp | 14.9 | 2.3 | 15.2% |
Revenue declined 8% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a -76% swing — check if it's a one-off or structural.
Operating margin has expanded from -52% to 2% — the business is keeping more of each rupee earned.
ROE at 1% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 203pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -92% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 7.1× PAT — earnings are well-backed by cash; strong accrual quality. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 9% QoQ — could be seasonality or a genuine slowdown. Low quarterly variance (9% spread) — a predictable, non-seasonal revenue stream.
Profit fell 16% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.6y median.
Promoters at 44.1% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.