India Power Corporation share price today

India Power Corporation Ltd's share price was ₹6.31 at the close on 4 November 2026. It has been falling for 102 weeks. That is 22.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹6 and ₹11, and at that close it sat 8% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today India Power Corporation Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 30 weeks running.

Over the last 11 years the share price moved −62% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 15 May 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1. Best operating margin in 10 quarters

   Operating margin was 5.5% in the June 2026 quarter, against 3.5% a year earlier.

3. Highest quarterly profit in 9 quarters

   Profit of ₹4 crore in the June 2026 quarter is the highest of the last 9 quarters.

For April to June 2026 (the quarter ended 30 June 2026), India Power Corporation reported revenue of ₹187 crore, up 14.2% from ₹164 crore a year earlier, and a profit of ₹4.22 crore, up 38.4% from ₹3.05 crore.

India Power Corporation results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

India Power Corporation closed at ₹6.31 on 4 November 2026, down 44.7% from ₹11.42 a year earlier (7 November 2025) and down 60.6% over five years. Its highest weekly close since March 2016 was ₹44.55 on 31 March 2017.

India Power Corporation share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: India Power Corporation closed at ₹6.31, up 0.5% on the week and down 7.2% on the month. Results for April to June 2026: Revenue up 14.2% and profit up 38.4% on a year earlier.

India Power Corporation paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹0.05 a share, ex-date 12 September 2025.

India Power Corporation dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Not in its latest year. India Power Corporation Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 12 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

India Power Corporation is on 2 of our India lists: Penny stocks and Power & green energy stocks.

India Power Corporation Ltd earned ₹4.2 Cr of net profit in the Jun 2026 quarter, +38.4% on the same quarter a year earlier. Full-year FY26 profit was ₹13.0 Cr. Over 10 years profit has grown −10.2% a year on average. That is 2.3% of the quarter's revenue. The same quarter a year earlier earned ₹3.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹13.0 Cr (+85.7% on the year before).

Why profit moved: revenue changed +14.2% on a year earlier and the margin moved +1.9 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +9.4% and revenue +15.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

India Power Corporation Ltd reported ₹187 Cr of revenue in the Jun 2026 quarter, +14.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown −0.5% a year on average. The last full year, FY26, came in at ₹683 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹706 Cr.

FY26 revenue was ₹683 Cr, +10.2% on the year before.

Recent pace: the last four quarters grew +15.7% on average, against −0.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +15.3%, against +4.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +100.4%, against −10.7% a year (accelerating).

India Power Corporation Ltd's operating margin was 5.5% in the Jun 2026 quarter, 1.9 percentage points higher than the same quarter a year ago. Across 13 years it has been between −33.0% and 14.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.9 percentage points on the year while gross margin changed −0.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 646% of India Power Corporation Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹75.0 Cr of operating cash against ₹13.0 Cr of profit. After ₹24.0 Cr of spending on assets, ₹51.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

India Power Corporation Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹683 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹160 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 7.8% of FY26 revenue a year.

Spending on assets: ₹160 Cr over the last 3 years, against ₹105 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹11.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

India Power Corporation Ltd's P/E is 43.9×, near the low end of its own history: it has been lower only 9% of the time. Its usual P/E (the middle reading) is 86.1×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹0.14.