Reliance Power (NSE:RPOWER) Current Ratio: 0.46 (As of Mar. 2026) — 31% Above Median


NSE:RPOWER Reliance Power Ltd NSE:RPOWER
64 GF Score
Price ₹26.50
GF Value ₹29.99
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Reliance Power Current Ratio?

Reliance Power NSE:RPOWER -2.47% 64 Current Ratio is 0.46 as of Mar. 2026, which is 31% above its 10-year median of 0.35. GuruFocus rates NSE:RPOWER with a GF Score™ of 64/100 and a GF Value™ of ₹29.99 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Reliance Power ranks worse than 90.81% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Reliance Power's current ratio for the quarter that ended in Mar. 2026 was 0.46.

Reliance Power has a current ratio of 0.46. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Reliance Power has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Reliance Power's Current Ratio or its related term are showing as below:

NSE:RPOWER' s Current Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.35   Max: 0.78
Current: 0.46

During the past 13 years, Reliance Power's highest Current Ratio was 0.78. The lowest was 0.27. And the median was 0.35.

NSE:RPOWER's Current Ratio is ranked worse than
90.81% of 446 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36 vs NSE:RPOWER: 0.46

Reliance Power  (NSE:RPOWER) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Reliance Power Current Ratio Related Terms


Reliance Power Current Ratio Historical Data

* Premium members only.

The historical data trend for Reliance Power's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Reliance Power Current Ratio Chart

Reliance Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.27 0.27 0.44 0.46

Reliance Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.00 0.49 0.00 0.46

NSE:RPOWER vs CEG, VST, NRG: Current Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Reliance Power's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Power Current Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Power's Current Ratio distribution charts can be found below:

* The bar in red indicates where Reliance Power's Current Ratio falls into.


NSE:RPOWER
64GF Score
Reliance Power Ltd NSE:RPOWER
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Power Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Reliance Power's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=47109/101806.5
=0.46

Reliance Power's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=47109/101806.5
=0.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.46 mean?
Reliance Power (NSE:RPOWER) has a Current Ratio of 0.46 as of Mar. 2026. This is 31% above median its historical median of 0.35. Over the past decade, Reliance Power's Current Ratio has ranged from 0.27 to 0.78. According to the industry distribution chart, Reliance Power ranks #405 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 90.8%.
Is Reliance Power's Current Ratio too high?
Reliance Power's current Current Ratio of 0.46 is 31% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.78. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. Reliance Power's value of 0.46 is 66.2% below this industry median. Based on the distribution chart, Reliance Power ranks #405 out of 446 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Reliance Power has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Power's Current Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Reliance Power ranks #405 out of 446 companies for Current Ratio. This places Reliance Power in the lower half of its industry. The industry median Current Ratio is 1.36. Reliance Power's value of 0.46 is 66.2% below this benchmark. Historically, Reliance Power's own Current Ratio has ranged from 0.27 to 0.78 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.36, Reliance Power has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 446 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Power's current Current Ratio of 0.46 is 66.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Power's current Current Ratio is 0.46, which is 31% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Power stock overvalued right now?
Based on GuruFocus' analysis, Reliance Power (NSE:RPOWER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹29.99, compared to a current price of ₹26.50 — trading 11.6% below its estimated fair value. The current Current Ratio is 0.46, which is 31% above median its 10-year median of 0.35 and 66.2% below the Utilities - Independent Power Producers industry median of 1.36. Reliance Power's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Reliance Power (NSE:RPOWER), the current Current Ratio is 0.46 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reliance Power (NSE:RPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Power stock appears to be undervalued. The current stock price of ₹26.50 is trading 11.6% below its estimated GF Value™ of ₹29.99. GuruFocus considers Reliance Power to be Modestly Undervalued.

Key valuation signals for NSE:RPOWER:

  • Current Ratio: 0.46 (31% above median its 10-year median of 0.35)
  • GF Value™: ₹29.99 vs. price of ₹26.50 (11.6% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 66.2% below the Utilities - Independent Power Producers median (#405 of 446)

No single metric tells the full story. See the NSE:RPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reliance Power Business Description

Other Exchanges 532939:India
Address 19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Ballard Estate, Mumbai, MH, IND, 400 001
Reliance Power Ltd is an electric utility that constructs, develops, and operates power generation projects. Generation of power is its only operating segment and includes all of the firm's projects. Categorized as either operating, under construction, or under development, these projects generate electricity using thermal fuel sources or renewable resources. The company derives its revenue from the sale of energy, but support service agreements contribute as well.
64GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹26.50
Price
₹29.99
GF Value