RattanIndia Power share price today

RattanIndia Power Ltd's share price was ₹6.53 at the close on 4 November 2026. It has been falling for 57 weeks. That is 22.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹6 and ₹10, and at that close it sat 6% 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 RattanIndia Power 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 22 weeks running.

Over the last 11 years the share price moved −36% while the NIFTY 500 moved +243%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 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.

Two changes stood out: revenue grew again in the September 2026 quarter and operating margin up 6 points on a year earlier.

1. Revenue grew again in the September 2026 quarter

   Revenue was ₹703 crore, +7.5% on a year earlier (₹654 crore), after 5 quarters of decline.

2. Operating margin up 6 points on a year earlier

   14% in the September 2026 quarter, from 8%.

For July to September 2026 (the quarter ended 30 September 2026), RattanIndia Power reported revenue of ₹703 crore, up 7.5% from ₹654 crore a year earlier, and a profit of ₹38.0 crore, against a loss of ₹32.0 crore a year earlier.

RattanIndia Power results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: 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 September 2026). Revenue and profit in ₹ crore.

RattanIndia Power closed at ₹6.53 on 4 November 2026, down 37.1% from ₹10.38 a year earlier (7 November 2025) and up 67.4% over five years. Its highest weekly close since April 2016 was ₹19.15 on 31 May 2024.

RattanIndia Power 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.

557 weekly closes from 1 April 2016 to 4 November 2026.

4 Nov 2026: RattanIndia Power closed at ₹6.53, up 2.5% on the week and down 3.1% on the month. Results for July to September 2026: Revenue up 7.5% on a year earlier.

RattanIndia Power has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. RattanIndia Power Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

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

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

RattanIndia Power Ltd earned ₹38.0 Cr of net profit in the Sep 2026 quarter. Full-year FY26 profit was ₹52.0 Cr. That is 5.4% of the quarter's revenue. The same quarter a year earlier lost ₹32.0 Cr. 4 of the last 12 reported quarters were loss-making.

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

For the full year, FY26 profit was ₹52.0 Cr (−76.6% on the year before).

RattanIndia Power Ltd reported ₹703 Cr of revenue in the Sep 2026 quarter, +7.5% on the same quarter a year earlier. Over 10 years it has grown 1.4% a year on average. The last full year, FY26, came in at ₹2,991 Cr. The last four reported quarters add to ₹3,018 Cr.

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

FY26 revenue was ₹2,991 Cr, −8.9% on the year before.

Recent pace: the last four quarters grew −3.0% on average, against 1.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −4.0%, against −4.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +112.9%, against −86.7% a year (accelerating).

RattanIndia Power Ltd's operating margin was 14.0% in the Sep 2026 quarter, 6.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 4.1% and 51.0%. 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 +6.1 percentage points on the year while gross margin changed +5.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 23% of RattanIndia Power Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹372 Cr of operating cash against ₹52.0 Cr of profit. After ₹52.0 Cr of spending on assets, ₹320 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 23% of profit came in as cash: the cash cycle got 121 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: it has been selling more assets than it buys. The next section shows those figures.

RattanIndia Power Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 336 days in FY26, down from 457 days in FY21. Over the last 3 years it sold more assets than it bought, by ₹7,168 Cr.

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.

At FY26 sales of ₹2,991 Cr, each day of that cycle ties up about ₹8.2 Cr, so roughly ₹2,753 Cr is tied up in the business at any time.

Over the last 3 years, money from selling assets was ₹7,168 Cr more than it spent on new ones. Work still in progress is ₹21.0 Cr (FY26).

In short: assets are being sold, not built, so this cash is not going into new capacity.

RattanIndia Power Ltd's P/E is 19.3×, about the lowest it has ever been. Its usual P/E (the middle reading) is 42.7×, over 1 year 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.

Why the multiple is where it is: over the past year earnings per share moved −75.6% while the price moved −37.1%. The price did better than earnings, which pushed the multiple up within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

RattanIndia Power Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.