Reliance Power (NSE:RPOWER) EBIT: ₹15,213 Mil (TTM As of Mar. 2026)


NSE:RPOWER Reliance Power Ltd NSE:RPOWER
65 GF Score
Price ₹24.88
GF Value ₹30.00
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Reliance Power EBIT?

Reliance Power NSE:RPOWER -1.23% 65 EBIT is ₹15,213 Mil as of Mar. 2026. GuruFocus rates NSE:RPOWER with a GF Score™ of 65/100 and a GF Value™ of ₹30.00 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Reliance Power's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹485 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15,213 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Reliance Power's annualized ROC % for the quarter that ended in Mar. 2026 was 3.19%. Reliance Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Reliance Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.61%.


Reliance Power  (NSE:RPOWER) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Reliance Power's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=14842.8 * ( 1 - 0% )/( (0 + 465415.2)/ 1 )
=14842.8/465415.2
=3.19 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=412925.9 - 2208.2 - ( 20874.2 - max(0, 101806.5 - 47109+20874.2))
=465415.2

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Reliance Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1941.6/( ( (0 + max(0, 0)) + (326335.1 + max(-27448.2, 0)) )/ 1 )
=1941.6/( ( 0 + 326335.1 )/ 1 )
=1941.6/326335.1
=0.59 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13101 + 10164.4 + 2527.8) - (2208.2 + 0 + 51033.2)
=-27448.2

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Reliance Power's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=15213.2/230185.439
=6.61 %

* 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 EBIT Related Terms


Reliance Power EBIT Historical Data

* Premium members only.

The historical data trend for Reliance Power's EBIT 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 EBIT Chart

Reliance Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,597.60 15,748.60 0.30 51,031.50 15,213.20

Reliance Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 4,660.60 4,981.70 5,032.20 4,713.90 485.40

NSE:RPOWER vs CEG, VST, NRG: EBIT Comparison

For the Utilities - Independent Power Producers subindustry, Reliance Power's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Reliance Power's EV-to-EBIT falls into.


NSE:RPOWER
65GF Score
Reliance Power Ltd NSE:RPOWER
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Power EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹15,213 Mil.

* 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 EBIT →
What does a EBIT of ₹15,213 Mil mean?
Reliance Power (NSE:RPOWER) has a EBIT of ₹15,213 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Reliance Power.
Is Reliance Power's EBIT too high?
Reliance Power's current EBIT is ₹15,213 Mil. Overall, Reliance Power has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Power's EBIT compare to CEG and VST?
Reliance Power's EBIT of ₹15,213 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Reliance Power. Reliance Power's current EBIT is ₹15,213 Mil. 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 ₹30.00, compared to a current price of ₹24.88 — trading 17.1% below its estimated fair value. The current EBIT is ₹15,213 Mil. Reliance Power's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Reliance Power (NSE:RPOWER), the current EBIT is ₹15,213 Mil 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 ₹24.88 is trading 17.1% below its estimated GF Value™ of ₹30.00. GuruFocus considers Reliance Power to be Modestly Undervalued.

Key valuation signals for NSE:RPOWER:

  • EBIT: ₹15,213 Mil
  • GF Value™: ₹30.00 vs. price of ₹24.88 (17.1% below fair value)
  • GF Score™: 65/100 with 7 warning signs

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.
65GF Score

Get the complete analysis for NSE:RPOWER

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

₹24.88
Price
₹30.00
GF Value