India Power Corporation
- Market cap
- ₹ 588 Cr.
- P/E
- 48.1x
- P/B
- 0.63x
- 52-week range
- 5.42 – 11.98
- ROE
- 1%
- ROCE
- 3%
- Dividend yield
- 0%
- Debt / equity
- 0.14
- Sector
- Power
- Industry
- Integrated Power Utilities
- Listed on
- NSE
About
India Power Corporation Limited is an India-based company, which is engaged in power generation, power distribution and other strategic activities. It is engaged in thermal power generation in the State of West Bengal and wind power generation in the State of Gujarat. It is licensed to distribute power in and around Asansol region, including the area covered under Asansol Municipal Corporation in the State of West Bengal. It is also engaged in supply of meters and installation services in the state of Madhya Pradesh. Its segments include Regulated Operation and Non Regulated Operation. Regulated Operation segment consists of power distribution business in Asansol, West Bengal (licensed area) regulated by West Bengal Electricity Regulatory Commission. It has a Distribution License spread across over 798 square kilometers in the Asansol - Raniganj area of West Bengal. The Non Regulated Operation segment consists of all businesses which are not covered under Regulated Operation segment.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Integrated Power Utilities: 6 companies →India Power Corporation against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)48.1 against a typical 22.3: pricier than most peers (1st = cheapest).6th of 6
- Sales growth+21.5% against a typical +6.5% from a year earlier.2nd of 6
- Share price, 3 months−11.9% against a typical −15.4%.2nd of 6
- Size₹ 588.2 Cr. market value against a typical ₹ 37,488.7 Cr. (1st = largest).6th of 6
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated D by Brickwork- Brickwork lowered its rating on 9 Jun 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Brickwork | BWR D | — | 9 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 9 Jun 2026 | ▼ Downgrade8 notches | BWR BB/BWR A4 /Rating Watch with Negative Implications → BWR D | — | Brickwork | ₹ 106.98 Cr. | |
| 22 May 2026 | ▼ Downgrade2 notches | BWR BBB-/BWR A3 → BWR BB/BWR A4 /Rating Watch with Negative Implications | — | Brickwork | ₹ 106.98 Cr. | |
| 18 Feb 2026 | Reaffirmed | BWR BBB-/BWR A3 | — | Brickwork | ₹ 106.98 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 14 Aug 2026 | Financial Results/Other business matters | DPSCLTD : 14-Aug-2026 : The Company has informed the Exchange that a Board meeting to be held on August 12, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 14, 2026, To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 27 May 2026 | Financial Results/Dividend/Other business matters | DPSCLTD : 27-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 20, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 27, 2026, To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 20 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 13 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 30 Oct 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 179 | 165 | 143 | 162 | 172 | 153 | 159 | 137 | 164 | 198 | 155 | 166 |
| Expenses | 164 | 159 | 131 | 154 | 164 | 149 | 150 | 228 | 158 | 191 | 162 | 169 |
| Operating Profit | 15 | 7 | 13 | 8 | 8 | 4 | 9 | −92 | 6 | 7 | −6 | −3 |
| OPM % | 8.3% | 3.9% | 8.7% | 5.1% | 4.6% | 2.7% | 5.4% | −67.1% | 3.5% | 3.4% | −4.1% | −1.8% |
| Other Income | 7 | 14 | 9 | 16 | 13 | 16 | 11 | 103 | 12 | 12 | 22 | 22 |
| Interest | 10 | 8 | 8 | 7 | 8 | 7 | 6 | 6 | 4 | 4 | 4 | 6 |
| Depreciation | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Profit before tax | 4 | 4 | 5 | 9 | 4 | 4 | 4 | −4 | 4 | 5 | 3 | 4 |
| Tax % | 30% | 29.7% | 26.2% | 13.4% | 29.5% | 29.7% | 36.5% | −57% | 31.8% | 29.8% | 42.4% | −11.9% |
| Net Profit | 3 | 3 | 4 | 8 | 3 | 3 | 3 | −2 | 3 | 4 | 2 | 4 |
| EPS in Rs | 0.03 | 0.03 | 0.04 | 0.08 | 0.03 | 0.03 | 0.03 | −0.02 | 0.03 | 0.04 | 0.02 | 0.04 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −1%
- 5 Years
- 5%
- 3 Years
- 3%
- TTM
- 10%
- 10 Years
- −10%
- 5 Years
- −13%
- 3 Years
- −7%
- TTM
- 82%
- 10 Years
- −15%
- 5 Years
- −15%
- 3 Years
- −27%
- TTM
- —
- 10 Years
- 0%
- 5 Years
- 1%
- 3 Years
- 1%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| India Power Corporation | ₹ 6.45 | ₹ 588 Cr. | 48.1x | 0.6x | 1% | — |
| Adani Power | ₹ 182.00 | ₹ 70,196 Cr. | 32.2x | 6.4x | 21.2% | 23.9% |
| Power Grid Corporation of India | ₹ 247.20 | ₹ 2,29,911 Cr. | 14.1x | 2.6x | 16.5% | 40% |
| Adani Green Energy | ₹ 1,185.00 | ₹ 1,95,190 Cr. | 129.2x | 12.5x | 10.3% | 12.1% |
| Adani Energy Solutions | ₹ 1,219.85 | ₹ 1,49,972 Cr. | 90.2x | 8.1x | 9.6% | 8.5% |
| Siemens Energy India | ₹ 2,649.00 | ₹ 94,586 Cr. | 109x | 27.5x | 30.2% | 15% |
Management
- Siddharth Ratilal Mehta
- Chief Executive Officer, Manager
- Anil Krishna Prasad
- Chief Financial Officer
- Dhananjoy Karmakar
- Compliance Officer, Company Secretary
- Debashis Bose
- Executive Director
- Somesh Dasgupta
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.