RattanIndia Power RTNPOWER.NS (NSE) Q3 result 20 Jan 2026 after hours: cash concern
We see RattanIndia Power Limited (RTNPOWER.NS) after-hours selling after the Q3 report on 20 Jan 2026. RTNPOWER.NS stock is trading at INR 8.21, down -5.09% after hours on volume 18,200,407. The company reported modest earnings with EPS 0.16 INR and a high PE ~53.25, and the market is focused on cash flow and interest coverage. As an AI-powered market analysis platform, Meyka AI flags short-term pressure while pointing to a longer-term model-based upside
RTNPOWER.NS stock: Q3 earnings snapshot
The Q3 release on 20 Jan 2026 disappointed near-term expectations and pushed RTNPOWER.NS stock lower in after-hours trade. Revenue per share remains modest at INR 5.86, while reported EPS is INR 0.16, giving a trailing PE of 53.25. Market reaction focused on cash conversion and interest costs rather than top-line swings.
Trading data shows an intraday range of INR 8.20–8.52 and volume at 18,200,407 shares versus a 50-day average of INR 9.64. The immediate move reflects profit-taking and concern around funding for large thermal projects.
Financials and key metrics: what the numbers show
Core balance-sheet metrics are mixed for RattanIndia Power. Book value per share is INR 8.46 and cash per share is INR 1.29, supporting the current price. The company carries debt; debt to equity is 0.85, net debt to EBITDA is 4.49, and interest coverage is weak at 0.64, highlighting refinancing risk.
Operationally, receivables sit at 281.35 days, and current ratio is 2.54, indicating working-capital strain from long collections. The enterprise value over EBITDA is 10.76, which helps explain valuation sensitivity to earnings volatility.
Meyka AI rates RTNPOWER.NS with a score out of 100
Meyka AI rates RTNPOWER.NS with a score out of 100: 67.39 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The DCF component scores better, while PE and interest coverage drag the overall rating.
This grade is informational only and not investment advice. Investors should weigh project funding plans and any management guidance released with the earnings.
Meyka AI’s forecast and price targets for RTNPOWER.NS stock
Meyka AI’s forecast model projects a yearly price of INR 11.01, a monthly level of INR 7.68, and a quarterly estimate of INR 5.11. Versus the current price INR 8.21, the yearly model implies an upside of +34.11%, the monthly projects -6.49%, and the quarterly implies -37.76%. Forecasts are model-based projections and not guarantees.
Given high leverage and slow receivables, we frame a three-tier price target: conservative INR 5.00, base INR 11.01, optimistic INR 15.00. Use the quarterly and monthly forecasts as downside checks ahead of refinancing signals.
Technical signals and short-term trading view
Technically, RTNPOWER.NS shows short-term weakness. RSI is 37.92, the CCI reads -129.71 (oversold), and MACD histogram is marginally positive but near zero. Bollinger middle band is INR 9.48 with an ATR of INR 0.27, implying limited near-term volatility buffer.
On balance, momentum favors sellers until RSI moves above 45 and price clears the INR 9.48 middle band. Volume remains elevated, which confirms conviction in the move lower during after-hours trading.
Risks, catalysts and sector context for RTNPOWER.NS
Key near-term risks for RTNPOWER.NS stock include weak interest coverage (0.64), receivables days at 281.35, and project funding needs for the 5,400 MW thermal pipeline. A successful refinancing or clearer tariff/dispatch guidance would be a positive catalyst.
Within the Utilities sector in India, average P/E is 39.28; RTNPOWER’s higher P/E signals earnings vulnerability. Monitor sector flows and power demand trends, which can amplify moves in renewable and thermal names.
Final Thoughts
After the Q3 report on 20 Jan 2026, RTNPOWER.NS stock closed the regular session at INR 8.65 and is trading INR 8.21 after hours, down -5.09%. Fundamentals show a stretched short-term picture: debt/equity 0.85, interest coverage 0.64, and long receivables at 281.35 days. Meyka AI’s grade is B (67.39) and our model projects a yearly price target of INR 11.01, implying +34.11% upside from INR 8.21. For risk-managed investors, a base case hold/monitor is sensible until management provides clearer cash flow or refinancing details. Short-term traders should watch INR 7.68 monthly and INR 5.11 quarterly model levels as downside support. Forecasts are model-based projections and not guarantees; confirm any trade with updated guidance and liquidity checks.
FAQs
What drove the after-hours move in RTNPOWER.NS stock on 20 Jan 2026?
The after-hours decline followed Q3 results; investors reacted to modest EPS (INR 0.16), elevated PE (~53.25), and concerns over cash conversion and interest coverage. Weak guidance or refinancing uncertainty amplified selling pressure.
What is Meyka AI’s price forecast for RTNPOWER.NS stock?
Meyka AI’s model projects a yearly price of INR 11.01 for RTNPOWER.NS stock, implying +34.11% from the current INR 8.21. These are model projections and not guarantees.
What are the main financial risks for RTNPOWER.NS stock?
Primary risks are high receivables (281.35 days), weak interest coverage (0.64), and net debt to EBITDA (4.49). Project funding and tariff/dispatch outcomes are key near-term catalysts.
Should investors buy RTNPOWER.NS stock after the Q3 report?
Given the current grade B (HOLD) from Meyka AI and mixed fundamentals, consider a hold or selective buy only if refinancing clarity or improved cash flow is communicated. Short-term downside targets exist.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
