MarketFriction

RTS Power Corporation Ltd

NSE RTSPOWR · BSE 531215 · Other Electrical Equipment
₹114.10 +3.85%
NSE close2026-10-01
52 week range68.88 - 138.05
Market cap₹107 Cr.
P/E40.2
ESM Price band 5% Delivery 52.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales29.6635.8948.1543.9553.0344.6559.5335.6640.2936.0448.6831.04
Expenses27.9433.0346.2440.8950.7842.6059.3434.2537.2134.2747.6829.88
Operating Profit1.722.861.913.062.252.050.191.413.081.771.001.16
OPM %5.80%7.97%3.97%6.96%4.24%4.59%0.32%3.95%7.64%4.91%2.05%3.74%
Other Income1.481.180.812.371.620.01-0.442.43-0.271.88-1.212.48
Interest0.651.271.181.170.911.091.120.900.800.690.960.57
Depreciation0.860.880.740.790.841.130.720.880.880.880.870.81
Profit before tax1.691.890.803.472.12-0.16-2.092.061.132.08-2.042.26
Tax %10.06%13.23%88.75%-17.29%70.75%-237.50%-33.97%25.73%18.58%21.15%-8.33%11.95%
Net Profit1.521.640.094.080.610.21-1.381.530.911.64-1.871.98
EPS in Rs1.661.790.104.450.670.23-1.511.670.991.79-2.042.16
Mar 2014Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1421731432521127892143140201160156
Expenses1321601372351047590127133194153149
Operating Profit1014717733167877
OPM %7%8%4.7%7%6%3.7%3.0%11%5%3.7%4.5%4.5%
Other Income114716745433
Interest91171432334433
Depreciation122223433343
Profit before tax0228343136333
Tax %27%34%28%31%-336%35%48%33%26%-6%31%
Net Profit0126112294423
EPS in Rs0.101.491.916.0012.162.541.729.774.503.832.422.90
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth1%16%4%-19%
Compounded Profit Growth11%-8%-43%174%
Stock Price CAGR17%11%-14%-16%
Return on Equity%3%2%1%
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital888899999999
Reserves36363739104115118120128133136139
Borrowings48414638317202528342331
Other Liabilities448686337644312932454635
Total Liabilities135171177118220175178182198220215213
Fixed Assets151416138788959193878884
CWIP010004001322
Investments000088111211181718
Other Assets12115616110512676727993112108109
Total Assets135171177118220175178182198220215213
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity120173280-0-12154
Cash from Investing Activity1-5-15-6-4-27-1-8-1-6
Cash from Financing Activity-1-16-6-15-27531-25-155
Net Cash Flow1-19-8-504-3-1-12
Free Cash Flow01914624-7-1-3-1134
CFO/OP11%202%125%48%403%20%60%28%16%218%65%
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days24222419714510713112514312413710092
Inventory Days177163107105681051951199014481120
Days Payable1902742171078489712537744832
Cash Conversion Cycle2281138814391147248237177207132180
Working Capital Days825227855912319316912512396105
ROCE %11%15%9%5%4%3%10%5%4%4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%
Public26.00%26.00%26.00%26.01%26.00%26.00%26.01%26.00%26.00%26.00%26.01%26.00%
No. of Shareholders5,8775,9855,7547,6827,4748,2948,2888,1987,9257,6127,4847,300

Fundamentals

Market Cap₹ 107 Cr.
Current Price₹ 117
Stock P/E40.2
Book Value₹ 161
ROCE3.52 %
ROE1.11 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-19%
Compounded Profit Growth (TTM)174%
Consolidated figures.
Valuation
Market capRs 105 Cr
Enterprise valueRs 133 Cr
P/E (TTM)39.33x
Price to book0.71x
Price to sales0.67x
EV / EBITDA13.48x
EV / EBIT20.67x
EV / sales0.85x
Price to cash flow26.22x
Earnings yield2.54%
P/E, 3-year average36.26x
P/B, 3-year average0.83x
P/E, 5-year average31.12x
P/B, 5-year average0.74x
Profitability
Operating margin (excl. other income)4.55%
Operating margin (incl. other income)6.29%
EBITDA margin6.34%
Pre-tax margin2.20%
Net profit margin1.70%
Net margin, latest quarter6.38%
ROE1.51%
ROCE3.79%
ROA1.04%
ROE, 3-year average2.30%
ROCE, 3-year average4.58%
ROA, 3-year average1.54%
ROE, 5-year average2.98%
ROCE, 5-year average5.57%
ROA, 5-year average2.04%
ROIC (approx.)2.51%
Tax rate31.27%
Other income / net worth1.89%
Growth
Sales growth (latest year)-20.32%
Profit growth (latest year)-36.75%
Sales CAGR, 3 years3.79%
Sales CAGR, 5 years15.63%
Profit CAGR, 3 years-37.19%
Profit CAGR, 5 years-0.96%
Sales growth QoQ-36.24%
Sales growth YoY (latest quarter)-12.96%
Profit growth YoY (latest quarter)29.41%
Per share
EPS (TTM)Rs 2.90
EPS (latest year)Rs 2.42
EPS (latest quarter)Rs 2.16
EPS, 3-year averageRs 3.58
EPS, 5-year averageRs 4.45
Book value per shareRs 161.13
Sales per shareRs 170.20
Cash flow per shareRs 4.35
Free cash flow per shareRs 4.36
Efficiency
Asset turnover0.75x
Fixed asset turnover1.90x
Inventory turnover3.35x
Inventory days109 days
Debtor days92 days
Debtors turnover3.97x
Creditor days32 days
Cash conversion cycle180 days
Working capital days105 days
Leverage
Total debtRs 31 Cr
Cash and bankRs 2 Cr
Net debtRs 29 Cr
Debt to equity0.21x
Net debt / EBITDA2.90x
Interest coverage2.14x
Owners' fund to total sources69.25%
Debt to assets14.57%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 12 Cr
Cash from ops / profit, 5 years0.95x
Sales to cash flow40.17x
Statement figures
Net sales (TTM)Rs 156 Cr
Net sales (latest year)Rs 160 Cr
Sales (latest quarter)Rs 31 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 140 Cr
Total expenditure (latest year)Rs 153 Cr
Total income (latest year)Rs 163 Cr
Share capitalRs 9 Cr
ReservesRs 139 Cr
Shareholders' fundsRs 148 Cr
Total assetsRs 213 Cr
Net blockRs 84 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 18 Cr
ReceivablesRs 40 Cr
InventoryRs 42 Cr
Other liabilitiesRs 35 Cr
Shares outstanding (crore)0.92
Ownership
Promoter holding74.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 39.3 is at the 74th percentile of its own 10.1-year range (median 23.3, low 2.1, high 146.5).
P/B 0.71 is at the 55th percentile (median 0.66).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRTSPOWRNifty 50Difference
1 week+30.9%-2.8% +33.7 pts
1 month+28.1%-6.8% +34.9 pts
3 years-41.5%+14.2% -55.7 pts
5 years+51.2%+27.9% +23.3 pts

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 34% while net profit fell in 2026
lookInventory outrunning sales Inventory grew 13% vs sales -20% in 2026
lookProfit leans on other income Other income was 86% of pre-tax profit in 2026
lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹31 Cr -13.0% vs Jun 2025. Net profit ₹2 Cr +29.4%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
ESM: stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03