About
India Power Corporation Limited, together with its subsidiaries, engages in the generation and distribution of electricity in India. The company operates 24.8 MW of wind assets in Gujarat; 2 MW of solar asset in West Bengal; and 12 MW thermal power plants in Asansol, West Bengal. It serves government establishments, industrial houses, railways, and domestic consumers. The company was formerly known as DPSC Limited and changed its name to India Power Corporation Limited in August 2013. India Power Corporation Limited was incorporated in 1919 and is headquartered in Kolkata, India. India Power Corporation Limited operates as a subsidiary of India Power Corporation of India Ltd.
Key Metrics
as of Sep 2026Market Cap690 Cr
P/E53.90
Div Yield0.71 %
Book Value₹9.15
52w High₹13.30
52w Low₹6.84
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 166.08 | 155.32 | 197.94 | 163.67 | 136.72 | 159.06 | 152.92 | 171.67 | 162.26 | 143.46 | 165.21 | 178.76 | 160.08 |
| Expenses | 169.00 | 161.63 | 191.16 | 157.90 | 228.47 | 150.44 | 148.77 | 163.80 | 153.97 | 130.92 | 158.70 | 164.00 | 155.47 |
| Operating Profit | -2.92 | -6.31 | 6.78 | 5.77 | -91.75 | 8.62 | 4.15 | 7.87 | 8.29 | 12.54 | 6.51 | 14.76 | 4.61 |
| OPM % | -1.76 | -4.06 | 3.43 | 3.53 | -67.11 | 5.42 | 2.71 | 4.58 | 5.11 | 8.74 | 3.94 | 8.26 | 2.88 |
| Other Income | 21.95 | 22.43 | 11.95 | 12.06 | 102.73 | 10.75 | 15.90 | 13.11 | 16.07 | 9.13 | 14.10 | 7.04 | 20.21 |
| Depreciation | 8.90 | 9.00 | 8.97 | 8.96 | 8.99 | 8.90 | 8.87 | 8.76 | 8.51 | 8.48 | 8.12 | 8.33 | 7.36 |
| Interest | 6.43 | 3.91 | 4.36 | 4.41 | 6.34 | 6.30 | 6.70 | 7.84 | 7.12 | 7.80 | 8.38 | 9.54 | 9.76 |
| Profit before tax | 3.70 | 3.21 | 5.40 | 4.46 | -4.35 | 4.17 | 4.48 | 4.38 | 8.73 | 5.39 | 4.11 | 3.93 | 7.70 |
| Tax % | -11.89 | 42.37 | 29.81 | 31.84 | -57.01 | 36.45 | 29.69 | 29.45 | 13.40 | 26.16 | 29.68 | 30.03 | 17.79 |
| Net Profit | 4.14 | 1.85 | 3.78 | 3.05 | -1.87 | 2.65 | 3.15 | 3.10 | 7.56 | 3.98 | 2.89 | 2.75 | 6.33 |
| EPS in Rs | 0.04 | 0.02 | 0.04 | 0.03 | -0.02 | 0.03 | 0.03 | 0.03 | 0.08 | 0.04 | 0.03 | 0.03 | 0.07 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 683.00 | 620.00 | 650.00 | 623.00 | 582.00 | 525.00 | 481.00 | 526.00 | 736.00 | 833.00 | 720.00 | 718.00 |
| Expenses | 680.00 | 691.00 | 607.00 | 630.00 | 573.00 | 456.00 | 431.00 | 471.00 | 638.00 | 1,112.00 | 621.00 | 622.00 |
| Operating Profit | 3.00 | -71.00 | 43.00 | -7.00 | 10.00 | 70.00 | 50.00 | 55.00 | 98.00 | -279.00 | 99.00 | 97.00 |
| OPM % | 0.50 | -11.00 | 7.00 | -1.20 | 1.60 | 13.00 | 10.00 | 10.00 | 13.00 | -33.00 | 14.00 | 13.00 |
| Other Income | 68.00 | 142.00 | 46.00 | 95.00 | 73.00 | 18.00 | 50.00 | 75.00 | 232.00 | 685.00 | 17.00 | 2.00 |
| Interest | 19.00 | 27.00 | 33.00 | 38.00 | 33.00 | 38.00 | 46.00 | 91.00 | 203.00 | 143.00 | 50.00 | 46.00 |
| Depreciation | 36.00 | 36.00 | 33.00 | 29.00 | 29.00 | 30.00 | 29.00 | 16.00 | 93.00 | 58.00 | 19.00 | 15.00 |
| Profit before tax | 17.00 | 9.00 | 22.00 | 21.00 | 21.00 | 20.00 | 25.00 | 23.00 | 34.00 | 205.00 | 47.00 | 37.00 |
| Tax % | 24.00 | 19.00 | 22.00 | 24.00 | 28.00 | -28.00 | 47.00 | 30.00 | 41.00 | 11.00 | 19.00 | 34.00 |
| Net Profit | 13.00 | 7.00 | 17.00 | 16.00 | 15.00 | 26.00 | 13.00 | 16.00 | 20.00 | 182.00 | 38.00 | 25.00 |
| EPS in Rs | 0.13 | 0.07 | 0.18 | 0.16 | 0.16 | 0.27 | 0.14 | 0.17 | 0.20 | 1.80 | 0.39 | 0.25 |
| Dividend Payout % | 0.00 | 69.00 | 28.00 | 31.00 | 32.00 | 19.00 | 37.00 | 30.00 | 25.00 | 3.00 | 13.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 | 97.00 |
| Reserves | 793.00 | 782.00 | 919.00 | 908.00 | 1,271.00 | 1,543.00 | 1,520.00 | 1,062.00 | 4,929.00 | 4,907.00 | 985.00 | 933.00 |
| Borrowings | 127.00 | 156.00 | 213.00 | 282.00 | 328.00 | 299.00 | 342.00 | 468.00 | 3,843.00 | 3,741.00 | 2,518.00 | 555.00 |
| Other Liabilities | 840.00 | 786.00 | 830.00 | 732.00 | 602.00 | 568.00 | 606.00 | 606.00 | 1,115.00 | 1,079.00 | 781.00 | 332.00 |
| Total Liabilities | 1,857.00 | 1,822.00 | 2,059.00 | 2,020.00 | 2,298.00 | 2,507.00 | 2,566.00 | 2,234.00 | 9,985.00 | 9,825.00 | 4,382.00 | 1,918.00 |
| Fixed Assets | 956.00 | 969.00 | 882.00 | 897.00 | 907.00 | 950.00 | 902.00 | 399.00 | 1,897.00 | 1,956.00 | 424.00 | 391.00 |
| CWIP | 11.00 | 10.00 | 14.00 | 15.00 | 21.00 | 22.00 | 84.00 | 68.00 | 5,121.00 | 4,211.00 | 2,398.00 | 20.00 |
| Investments | 0.00 | 1.00 | 3.00 | 3.00 | 99.00 | 100.00 | 100.00 | 106.00 | 379.00 | 1,387.00 | 7.00 | 312.00 |
| Other Assets | 891.00 | 843.00 | 1,160.00 | 1,105.00 | 1,271.00 | 1,436.00 | 1,480.00 | 1,661.00 | 2,587.00 | 2,271.00 | 1,553.00 | 1,194.00 |
| Total Assets | 1,857.00 | 1,822.00 | 2,059.00 | 2,020.00 | 2,298.00 | 2,507.00 | 2,566.00 | 2,234.00 | 9,985.00 | 9,825.00 | 4,382.00 | 1,918.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 75.00 | 79.00 | 85.00 | 68.00 | -4.00 | 33.00 | 92.00 | 215.00 | 105.00 | 108.00 | 49.00 | 22.00 |
| Cash from Investing Activity | -11.00 | -2.00 | -18.00 | -1.00 | -12.00 | 10.00 | -13.00 | 232.00 | -110.00 | 369.00 | -701.00 | -128.00 |
| Cash from Financing Activity | -64.00 | -73.00 | -72.00 | -64.00 | 15.00 | -84.00 | -40.00 | -469.00 | -30.00 | -461.00 | 640.00 | 110.00 |
| Net Cash Flow | 0.00 | 4.00 | -5.00 | 4.00 | -1.00 | -42.00 | 39.00 | -21.00 | -35.00 | 15.00 | -12.00 | 4.00 |
| Free Cash Flow | 55.00 | 66.00 | 76.00 | 75.00 | -17.00 | 18.00 | 66.00 | 158.00 | -801.00 | -194.00 | -641.00 | -3.00 |
| CFO/OP % | 2,304.00 | -114.00 | 202.00 | -937.00 | 5.00 | 53.00 | 190.00 | 401.00 | 110.00 | -39.00 | 58.00 | 34.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64.00 | 80.00 | 76.00 | 62.00 | 53.00 | 46.00 | 49.00 | 145.00 | 122.00 | 91.00 | 67.00 | 50.00 |
| Inventory Days | 102.00 | — | — | — | — | — | — | — | — | — | — | — |
| Days Payable | 1,953.00 | — | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | -1,786.00 | 80.00 | 76.00 | 62.00 | 53.00 | 46.00 | 49.00 | 145.00 | 122.00 | 91.00 | 67.00 | 50.00 |
| Working Capital Days | -67.00 | -48.00 | -15.00 | -41.00 | 1.00 | 37.00 | -28.00 | 102.00 | -7.00 | 205.00 | -53.00 | -24.00 |
| ROCE % | 3.00 | 3.00 | 4.00 | 4.00 | 3.00 | 3.00 | 4.00 | 2.00 | 2.00 | 0.00 | 4.00 | 6.00 |
Corporate Actions
20 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Sep 2025 | 12 Sep 2025 | — | 0.05 | |
| Dividend | 20 Sep 2024 | — | — | 0.05 | |
| Dividend | 15 Sep 2023 | — | — | 0.05 | |
| Dividend | 08 Sep 2022 | — | — | 0.05 | |
| Dividend | 08 Sep 2021 | — | — | 0.05 | |
| Dividend | 22 Sep 2020 | — | — | 0.05 | |
| Dividend | 01 Aug 2019 | — | — | 0.05 | |
| Dividend | 12 Sep 2018 | — | — | 0.05 | |
| Dividend | 03 Aug 2017 | — | — | 0.05 | |
| Dividend | 01 Sep 2016 | — | — | 0.05 | |
| Dividend | 03 Sep 2015 | — | — | 0.05 | |
| Dividend | 08 Sep 2014 | — | — | 0.05 | |
| Dividend | 15 Jul 2013 | — | — | 0.05 | |
| Dividend | 20 Jul 2012 | — | — | 0.05 | |
| Split | 15 Dec 2011 | 16 Dec 2011 | 10:1 | — | |
| Bonus | 15 Dec 2011 | 16 Dec 2011 | 22:1 | — | |
| Dividend | 21 Jul 2011 | — | — | 1.00 | |
| Dividend | 23 Jun 2010 | — | — | 1.00 | |
| Dividend | 11 Sep 2009 | — | — | 1.00 | |
| Dividend | 22 Sep 2008 | — | — | 0.10 |
Announcements
5 filingsAnnual Reports
Credit Ratings
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Rating update10 Jul from infomerics
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Rating update15 Jun from infomerics
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Rating update22 May from infomerics
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Rating update18 Feb from brickwork
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Rating update16 Jul 2025 from brickwork
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Rating update28 Mar 2025 from infomerics