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    India Power Corp

    West Bengal electricity-distribution licensee in the Asansol-Raniganj industrial belt that also generates wind and solar renewable power.

    Power
    Utilities

    Overview

    Price

    Market Cap

    ₹698 Cr

    Sector

    Power

    Utilities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital9797979797979797
    Reserves1.5k1.5k1.3k908919782787793
    Borrowings34229932828221315694127
    Other Liabilities606568602732830786840840
    Total Liabilities2.6k2.5k2.3k2.0k2.1k1.8k1.8k1.9k
    AssetsFixed Assets902950907897882969952956
    CWIP8422211514101611
    Investments1001009933110
    Other Assets1.5k1.4k1.3k1.1k1.2k843850891
    Total Assets2.6k2.5k2.3k2.0k2.1k1.8k1.8k1.9k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2159233-468857975
    Cash from Investing232-1310-12-1-18-2-11
    Cash from Financing-469-40-8415-64-72-73-64
    SummaryCapital Expenditure
    Free Cash Flow1586618-1775766655
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    DPSCLTD · CAPITAL_INTENSIVE

    Learn to analyse India Power Corp

    Guides on how to read this kind of business and the numbers that matter.