Reliance Power (NSE:RPOWER) ROCE %: 0.62% (As of Mar. 2026)


NSE:RPOWER Reliance Power Ltd NSE:RPOWER
65 GF Score
Price ₹24.88
GF Value ₹29.99
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Reliance Power ROCE %?

Reliance Power NSE:RPOWER -1.23% 65 ROCE % is 0.62% as of Mar. 2026. GuruFocus rates NSE:RPOWER with a GF Score™ of 65/100 and a GF Value™ of ₹29.99 (Modestly Undervalued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Reliance Power's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.62%.

Reliance Power  (NSE:RPOWER) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Reliance Power ROCE % Related Terms

Reliance Power ROCE % Historical Data

* Premium members only.

The historical data trend for Reliance Power's ROCE % 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 ROCE % Chart

Reliance Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 5.08 0.00 17.75 4.85

Reliance Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 5.89 6.30 6.36 5.96 0.62
NSE:RPOWER
65GF Score
Reliance Power Ltd NSE:RPOWER
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Power ROCE % Calculation

Reliance Power's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=15213.2/( ( (412829.2 - 96365.5) + (412925.9 - 101806.5) )/ 2 )
=15213.2/( (316463.7+311119.4)/ 2 )
=15213.2/313791.55
=4.85 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1941.6/( ( (0 - 0) + (412925.9 - 101806.5) )/ 1 )
=1941.6/( ( 0 + 311119.4 )/ 1 )
=1941.6/311119.4
=0.62 %

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

* 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 ROCE % →
What does a ROCE % of 0.62% mean?
Reliance Power (NSE:RPOWER) has a ROCE % of 0.62% as of Mar. 2026.
Is Reliance Power's ROCE % too high?
Reliance Power's current ROCE % is 0.62%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Reliance Power's value of 0.62% is 87.1% below this industry median. 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 ROCE % compare to CEG and VST?
Reliance Power's ROCE % of 0.62% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Reliance Power's value of 0.62% is 87.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Power's current ROCE % of 0.62% is 87.1% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Power's current ROCE % is 0.62%. 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 ₹24.88 — trading 17% below its estimated fair value. The current ROCE % is 0.62% and 87.1% below the Utilities - Independent Power Producers industry median of 4.79. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Reliance Power (NSE:RPOWER), the current ROCE % is 0.62% 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% below its estimated GF Value™ of ₹29.99. GuruFocus considers Reliance Power to be Modestly Undervalued.

Key valuation signals for NSE:RPOWER:

  • ROCE %: 0.62%
  • GF Value™: ₹29.99 vs. price of ₹24.88 (17% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 87.1% below the Utilities - Independent Power Producers median

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

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

₹24.88
Price
₹29.99
GF Value