India Power Corporation Ltd (DPSCLTD) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: DPSCLTD | Power Generation/Distribution | Small Cap

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India Power Corporation Ltd (DPSCLTD) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: DPSCLTD | Power Generation/Distribution | Small Cap

DeciZen - make an informed investing decision on India Power Corpn.

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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India Power Corporation stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
1,022.5 Cr.
52-wk low:
0
52-wk high:
0

Is India Power Corporation Ltd an attractive stock to invest in?


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10 Year X-Ray of India Power Corpn.: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
India Power Corporation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 4.9%6.6%6.4%6.2%4.3%3.4%4%5.3%5%2.9%-
Value Creation
Index
-0.7-0.5-0.5-0.6-0.7-0.8-0.7-0.6-0.6-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 562450481523481500560599627600628
Sales YoY Gr.--20%6.9%8.8%-8.1%3.9%12.1%7%4.6%-4.3%-
Adj EPS 0.30.10.20.2-00.4-0.3-0.300.4-2.5
YoY Gr.--78.1%200%-23.8%-106.3%NA-167.6%NANA775%-
BVPS (₹) 10.510.911.111.316.111.79.15.49.98.46
Adj Net
Profit
31.46.820.815.1-0.935.9-24.5-32.73.833.9-242
Cash Flow from Ops. 25.213663.313993.832.7-2.469.699.883-
Debt/CF from Ops. 33.84.310.22.43.78.9-136.442.11.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.7%4.5%2.3%-4.3%
Adj EPS 1%NANA775%
BVPS-2.4%-12.1%-2.5%-14.5%
Share Price - -2.1% -7.3% -41.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
30.61.81.3-0.12.2-1.6-2.70.43.6-34.4
Op. Profit
Mgn %
11.11614.612.810.816.61.7-1.26.3-0.6-6.4
Net Profit
Mgn %
5.61.54.32.9-0.27.2-4.4-5.50.65.7-38.5
Debt to
Equity
0.80.60.60.30.20.30.40.50.20.20.1
Working Cap
Days
7731,0401,1231,0481,0611,041874715643584163
Cash Conv.
Cycle
13-2014-4-25-7-31-70-601

Recent Performance Summary

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Latest Financials - India Power Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) -2.5 0.1
TTM Sales (₹ Cr.) 628 657
BVPS (₹.) 6 8.5
Reserves (₹ Cr.) 484 726
P/BV 1.76 1.24
PE 0.00 134.36
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 1,022
Equity (₹ Cr.) 97.4
Face Value (₹) 1
Industry PE 29.4

Management X-Ray of India Power Corpn.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *67.2467.2467.2467.2667.2667.2667.2667.2667.3967.42
* Pledged shares as % of Promoter's holding (%)

Valuation of India Power Corpn. - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of India Power Corpn.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales562450481523481500560599627600
Operating Expenses 500379411456429417551610587677
Manufacturing Costs450302341387357347484534504498
Material Costs0000000000
Employee Cost 38385349494948495758
Other Costs 123817202421192726121
Operating Profit 6272706752839-1140-77
Operating Profit Margin (%) 11.0%15.9%14.6%12.8%10.7%16.6%1.7%-1.9%6.3%-12.8%
Other Income 411959512819242830114
Interest 41587874463833383327
Depreciation 18181716293029293336
Exceptional Items 0470023-1350681631
Profit Before Tax 4461352828212219206
Tax 122213912-66552
Profit After Tax 3239211917271614154
PAT Margin (%) 5.8%8.7%4.4%3.6%3.5%5.3%2.9%2.3%2.4%0.7%
Adjusted EPS (₹)0.30.40.20.20.20.30.20.10.20.0
Dividend Payout Ratio (%)15%12%23%26%29%18%30%36%32%115%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 1,0201,0591,0811,1031,5641,5881,317953961822
Share Capital 97979797979797979797
Reserves 9229629831,0061,4671,4901,219855864725
Minority Interest0000000000
Debt798548594284295268293254185138
Long Term Debt624435392162127164216205159123
Short Term Debt17411320212216810476502615
Trade Payables727243319980103210240190
Others Liabilities 351396441495614572595606668661
Total Liabilities 2,2412,0752,1581,9132,5732,5082,3072,0242,0551,812

Fixed Assets

Gross Block3853773924159971,0721,0501,0681,0691,191
Accumulated Depreciation1834516796122142171187222
Net Fixed Assets 367343341348902950907897882969
CWIP 9153868842221151410
Investments 605322116107101102101342
Inventories13109978810914
Trade Receivables92605652656183101112104
Cash Equivalents 18712524561515253136
Others Assets 1,1361,2531,5721,3051,3581,3501,1729731,004677
Total Assets 2,2412,0752,1581,9132,5732,5082,3072,0242,0551,812

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 25136631399433-27010083
PBT 4461352828212219206
Adjustment 441241263831-0343637
Changes in Working Capital -5564-109130-15-20174642
Tax Paid -7-1-3-6-3-4-40-2-2
Cash Flow From Investing Activity -245307-7254-199-15-1-30-10
Capex 7-15-29-45-26-14-126-9-13
Net Investments -2529842898-20-8-102
Others 12241710-126-31-121
Cash Flow From Financing Activity 222-448-54-397-36-8415-64-75-73
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 261-205-33-215-471271-15-34-50
Interest Paid -88-114-70-64-32-30-25-20-15-10
Dividend Paid -2-2-2-3-3-2-2-2-2-2
Others 51-12750-11546-64-28-26-24-11
Net Cash Flow 3-52-439-42-25-5-0

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.253.761.991.711.251.971.591.922.020.47
ROCE (%)4.876.576.426.224.273.373.985.285.012.89
Asset Turnover Ratio0.270.210.230.260.210.20.230.280.310.31
PAT to CFO Conversion(x)0.783.4937.325.531.22-0.1356.6720.75
Working Capital Days
Receivable Days55624438444647566266
Inventory Days10977665557
Payable Days0000000000

India Power Corporation Ltd Stock News

India Power Corporation Ltd FAQs

The current trading price of India Power Corpn. on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of India Power Corpn. stood at ₹1,022.5.
The latest P/E ratio of India Power Corpn. as of 31-Dec-1969 is 0.00.
The latest P/B ratio of India Power Corpn. as of 31-Dec-1969 is 1.76.
The 52-week high of India Power Corpn. is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of India Power Corpn. is ₹627.9 ( Cr.) .

About India Power Corporation Ltd

DPSC Limited (DPSCL) and Associated Power Co. Ltd.,(APC) were incorporated in the year 1919 primarily to supply power to the Bengal Coal Company Ltd, then the largest producer of Coal in Asia, and also to the railways, industries and townships in the Asansol - Raniganj areas.

Coal companies used to maintain and operate captive generating plants for supply of electric energy to their respective coal mines.Accordingly, DPSC Limited and APC were issued licences for the purpose of generation and distribution of electric energy in the year 1932 ,1934 respectively.Since then, they have been operating Power Stations located at Dishergarh,Seebpore and added new plants and equipment to meet the growing demand of electricity. In subsequent years they were converted into Public Limited Companies. APC became a wholly owned subsidiary of DPSC Limited and later merged with the DPSC Limited in the year 1977.

The licensed area of the two companies was 618 sq.km. They were serving the consumers with high tension distribution mains mostly comprising of 11 KV. overhead lines and having approximate circuit lengths of 395 km. New lines were being added every year for rendering increased stability of supply.

With the enactment of DVC Act, 1948, the power companies were debarred from extending their generating capacity and agreement for bulk supply from Damodar Valley Corporation were made in the year 1951 for supply of power to four Receiving Stations.

In 1951, the two companies extended their service considerably and in 1962, agreements made for bulk supply of power from West Bengal State Electricity Board (WBSEB) by both companies to overcome the acute shortage of power in the eastern region.

In the post-independence period, the policy of the government was to develop power in the government sector. This restricted the growth of the company, in spite of this , the company maintained its reputation for the quality of its service and continued to operate efficiently by extending its services in the Asansol - Raniganj industrial belt, to Coal Mines, Paper Mills, the Railways, Hospitals, Television Stations, Water Pumping Stations, Technical Institutions, and a host of large, medium, and small industries who, irrespective of there size, get the same level of service backed by zeal, integrity and commitment way beyond the call of duty.

DPSC is pervaded by a unique culture comprising 3 Ds - Discipline, Dedication and Devotion. Over the decade, this culture has permeated all levels of the Organisation.

APC became a wholly owned subsidiary of DPSC Limited and later merged with the DPSC Limited in the year 1977.

The Bihar government passed an ordinance in 1975, wherein a licensed area of 58-sq. km. was swept away rendering the balanced area of 618 sq.kms that spread over Andal to Barakar in Asansol - Raniganj coal Belt in W.B. -Licensed Operating Voltage 11KV, 3.3 KV, 550 V. The total overhead circuit km 33/11/3.3/0.550/0.440kv is approximately 800km an underground cable is approximately 200km.

Milestones achieved

  • 1919- DPSC Limited Incorporated.
  • 1932- DPSC Limited got license for generation and distribution of electric energy.
  • 1948- Enactment of DVC Act, 1948.
  • 1949- Established its Central Office at Sanctoria - Asansol.
  • 1951- DPSC Limited entered into agreements with DVC for Bulk Supply of Power to meet the growing demands of power of consumers and became the first consumer of DVC.
  • 1962 - Agreements with WBSEB for bulk supply of Power.
  • 1965 -DPSC Limited commissioned One 5 MW Turbo - Alternator & a Boiler.
  • 1975 -Bihar govt passed an ordinance, wherein a licensed area of 58-sq. km. swept away rendering the balanced area of 618 sq.kms.
  • 1995 -The prestigious ' ET 500 ' ranks DPSC Limited as best private power company in the country & 89th amongst the TOP 500 BEST PERFORMING COMPANIES in India

Awards/ Achievements

For DPSC Limited, 1995 has been an outstanding year with the prestigious “ET 500' published by the Economic Times ranking DPSC Limited as the top performer among India's power supply and distribution.”

Future plans

Some of the future plans of the company includes continuous ongoing modernisation through addition of generating capacity, augmenting distribution network, cutting transmission losses and enhancing reliability.Setting up of 132/33 kV Substation for interconnection with DVC and regional grid, Conversion & Augmentation of 11 kV transmission line system to 33 kV, Installation of 2 X 250 MW Thermal Power Plant at the existing plant at Dishergarh, Construction of 33/11 kV substation at Feeder Raod and Ikra at Dishergarh, Building, operating and maintaining power plants and distribution network in new areas.

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