Power
Valuation | |
|---|---|
| Market Cap | 76.07 kCr |
| Price/Earnings (Trailing) | 24.04 |
| Price/Sales (Trailing) | 6.22 |
| EV/EBITDA | 19.24 |
| Price/Free Cashflow | -22.83 |
| MarketCap/EBT | 20.36 |
| Enterprise Value | 1.2 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 12.24 kCr |
| Rev. Growth (Yr) | -4.7% |
| Earnings (TTM) | 3.59 kCr |
| Earnings Growth (Yr) | -2.9% |
Profitability | |
|---|---|
| Operating Margin | 31% |
| EBT Margin | 31% |
| Return on Equity | 7.63% |
| Return on Assets | 3.22% |
| Free Cashflow Yield | -4.38% |
Growth & Returns | |
|---|---|
| Price Change 1W | 1.8% |
| Price Change 1M | 0.80% |
| Price Change 6M | -2% |
| Price Change 1Y | -0.40% |
| 3Y Cumulative Return | 25.4% |
| 5Y Cumulative Return | 25.7% |
| 7Y Cumulative Return | 18.6% |
| 10Y Cumulative Return | 14.2% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -7.55 kCr |
| Cash Flow from Operations (TTM) | 5.03 kCr |
| Cash Flow from Financing (TTM) | 1.9 kCr |
| Cash & Equivalents | 1.14 kCr |
| Free Cash Flow (TTM) | -3.83 kCr |
| Free Cash Flow/Share (TTM) | -3.81 |
Balance Sheet | |
|---|---|
| Total Assets | 1.12 LCr |
| Total Liabilities | 64.52 kCr |
| Shareholder Equity | 47.04 kCr |
| Current Assets | 13.91 kCr |
| Current Liabilities | 11.39 kCr |
| Net PPE | 35.47 kCr |
| Inventory | 265.4 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.4 |
| Debt/Equity | 0.95 |
| Interest Coverage | 3.47 |
| Interest/Cashflow Ops | 5.2 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1.91 |
| Dividend Yield | 2.52% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Size: It is among the top 200 market size companies of india.
Profitability: Very strong Profitability. One year profit margin are 29%.
Dividend: Dividend paying stock. Dividend yield of 2.52%.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 25.4% return compared to 13.6% by NIFTY 50.
Technicals: SharesGuru indicator is Bearish.
Size: It is among the top 200 market size companies of india.
Profitability: Very strong Profitability. One year profit margin are 29%.
Dividend: Dividend paying stock. Dividend yield of 2.52%.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 25.4% return compared to 13.6% by NIFTY 50.
Technicals: SharesGuru indicator is Bearish.
Investor Care | |
|---|---|
| Dividend Yield | 2.52% |
| Dividend/Share (TTM) | 1.91 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 3.15 |
Financial Health | |
|---|---|
| Current Ratio | 1.22 |
| Debt/Equity | 0.95 |
Technical Indicators | |
|---|---|
| RSI (14d) | 34.35 |
| RSI (5d) | 79.15 |
| RSI (21d) | 40.31 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Updated May 4, 2025
Trailing twelve-month EPS for NHPC has decreased by 24.89% year-on-year, which may have limited significant price growth recently.
NHPC's operational performance faced challenges, with generation down to 21,779 MUs from 24,907 MUs the previous year due to adverse weather conditions.
The overall market sentiment is mixed, as the NSE Nifty50 index was down by 21.56 points, despite NHPC's stock gaining.
Summary of NHPC's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the earnings call on February 6, 2026, management provided an optimistic outlook for NHPC Limited, citing several key metrics and future growth plans:
Financial Performance: For the nine months ended December 31, 2025, NHPC's power generation increased to 25,849 MUs from 22,397 MUs, a growth of about 15%. Revenue rose to Rs.8,800 Crore, a 10% year-on-year increase, and Profit After Tax (PAT) reached Rs.2,306 Crore, reflecting a 7% increase from Rs.2,153 Crore.
Project Developments:
Future Capacity Expansion:
Pumped Storage Initiatives: NHPC is exploring various sites for pumped storage projects, planning to start at least two this calendar year, adding around 2,000 MW.
Regulatory Outlook: Management expressed confidence that cost overruns, deemed beyond control, will be accepted for tariff determination by CERC, ensuring the financial sustainability of their projects.
Overall, NHPC Limited's management indicated a robust growth trajectory in both renewable energy and hydroelectric projects, underpinned by strong financial results and strategic project completions.
Understand NHPC ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| PRESIDENT OF INDIA | 67.4% |
| LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091 | 5.07% |
| CPSE EXCHANGE TRADED SCHEME (CPSE ETF) | 1.43% |
| POWER FINANCE CORPORATION LIMITED | 1.02% |
Distribution across major stakeholders
Detailed comparison of NHPC against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| NTPC | NTPC | 3.7 LCr | 1.9 LCr | +10.80% | +19.80% | 15.31 | 1.94 | - | - |
| POWERGRID | POWER GRID Corp OF INDIA | 2.82 LCr | 48.3 kCr |
Comprehensive comparison against sector averages
NHPC metrics compared to Power
| Category | NHPC | Power |
|---|---|---|
| PE | 24.04 | 20.41 |
| PS | 6.22 | 2.84 |
| Growth | 7.6 % | 5.3 % |
NHPC is a prominent Power Generation company based in Faridabad, India, with the stock ticker NHPC. The company's market capitalization stands at Rs. 87,160.5 Crores.
NHPC Limited focuses on generating, selling, and trading electricity through a variety of renewable sources, including hydro, wind, and solar power stations. Beyond power generation, NHPC owns and operates several power stations and provides services related to construction, project execution, and maintenance. Their services extend to consultancy in design and engineering, geotechnical investigation, procurement, and overall project management, including rural electrification projects.
The company primarily sells electricity to bulk customers, which include state-owned electricity utilities and private distribution companies. With a trailing 12-month revenue of Rs. 11,377.1 Crores, NHPC has displayed a healthy financial status, showcasing a profit of Rs. 3,118.8 Crores over the past four quarters.
With a commitment to returning value to shareholders, NHPC offers a dividend yield of 3.8% per year, distributing Rs. 3.3 per share over the last 12 months. Its growth trajectory is notable, reflecting a 11.3% revenue growth over the past three years. Incorporated in 1975, NHPC continues to be a key player in India's energy sector.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
NHPC vs Power (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
NHPC is set to develop a 1,200 MW solar park in Uttar Pradesh, indicating its commitment to renewable energy expansion.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Here are some of the major questions and answers from the Q&A section of the NHPC earnings transcript:
Question: "So, I just want to know your CAPEX guidance for FY'27 and FY'28 and if you can just repeat the CAPEX that you have incurred for FY'26?"
Answer: "For Nine Months FY'26, our CAPEX is Rs. 8,844 Crore compared to Rs. 7,405 Crore last year. We plan to spend Rs. 13,300 Crore in FY'27 and Rs. 15,000 Crore in FY'28. Post that, our average annual CAPEX will range between Rs. 12,000 to 13,000 Crore."
Question: "Can you share the total capacity addition you intend to do for FY'27 and FY'28, bifurcated between hydro and renewable?"
Answer: "We've already added 1,350 MW this year. By March'26, we're set to add 2,100 MW more. For FY'27, we expect to add 2,744 MW from hydro and an additional 1,190 MW from solar capacity under construction, most of which will be added by the end of next financial year."
Question: "In Q3 FY'26, generation increased by 23%, but revenue declined by 3%. Any reason for this?"
Answer: "Yes, our revenue drop is primarily due to a one-off revenue of approximately Rs. 500 Crore in the previous year's Q3 from pay anomalies and arbitration interest. Excluding this, our revenue shows a better performance compared to the prior year."
Question: "What is the levelized tariff for the Subansiri Lower Hydroelectric Project?"
Answer: "The levelized tariff is set at around Rs. 7.50 per unit, based on a CAPEX of Rs. 28,000 Crore. We believe CERC will consider cost overruns that were beyond our control during tariff determination."
Question: "Can you provide insight on the pump storage projects and when construction might begin?"
Answer: "We anticipate starting construction on at least two pump storage projects of around 2,000 MW this year. The exact timeline for commissioning will depend on regulatory approvals, but we're optimistic about viability and demand for these projects."
These responses succinctly summarize the management's key points about financials, project timelines, and future strategies while providing relevant figures and forecasts.
Distribution across major institutional holders
| +18.60% |
| 18.16 |
| 5.84 |
| - |
| - |
| TATAPOWER | Tata Power Co. | 1.22 LCr | 66.16 kCr | +9.40% | +8.20% | 32.07 | 1.84 | - | - |
| JSWENERGY | JSW Energy | 87.15 kCr | 18.52 kCr | +13.30% | +6.70% | 38.21 | 4.7 | - | - |
| SJVN | SJVN | 29.1 kCr | 3.72 kCr | +3.50% | -17.30% | 46 | 7.82 | - | - |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| Total profit before tax |
| -118.1% |
| -283.16 |
| 1,572 |
| 1,334 |
| 1,113 |
| 399 |
| 1,571 |
| Current tax | -54.8% | 136 | 300 | 255 | 223 | 106 | 288 |
| Deferred tax | 85.5% | 437 | 236 | 132 | 24 | -1.85 | 317 |
| Total tax | 6.9% | 573 | 536 | 387 | 247 | 104 | 605 |
| Total profit (loss) for period | -73.7% | 321 | 1,219 | 1,131 | 920 | 330 | 1,069 |
| Other comp. income net of taxes | 67.7% | 8.58 | 5.52 | -9.09 | -26.64 | -84.65 | -5.47 |
| Total Comprehensive Income | -73.2% | 329 | 1,225 | 1,122 | 893 | 245 | 1,064 |
| Earnings Per Share, Basic | -4000% | 0.22 | 1.02 | 1.06 | 0.85 | 0.23 | 0.9 |
| Earnings Per Share, Diluted | -4000% | 0.22 | 1.02 | 1.06 | 0.85 | 0.23 | 0.9 |
| Debt equity ratio | 0% | 0.0117 | 0.0114 | 0.0109 | 0.0105 | 0.01 | 0.01 |
| Debt service coverage ratio | -0.8% | 0.0173 | 0.0251 | 0.0331 | 0.0341 | 0.02 | 0.01 |
| Interest service coverage ratio | -3.2% | 0.0295 | 0.0592 | 0.0589 | 0.4049 | 0.02 | 0.05 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Employee Expense | 26.8% | 1,644 | 1,297 | 1,301 | 1,441 | 1,409 | 1,516 |
| Employee Expense | - | - | - | - | - | - | - |
| Finance costs | 170.3% | 1,147 | 425 | 476 | 532 | 650 | 795 |
| Finance costs | - | - | - | - | - | - | - |
| Depreciation and Amortization | 1.3% | 1,125 | 1,111 | 1,145 | 1,126 | 1,234 | 1,545 |
| Depreciation and Amortization | - | - | - | - | - | - | - |
| Other expenses | -10.6% | 2,799 | 3,130 | 2,644 | 2,234 | 2,493 | 2,651 |
| Other expenses | - | - | - | - | - | - | - |
| Total Expenses | 12.6% | 6,714 | 5,963 | 5,567 | 5,333 | 5,786 | 6,507 |
| Total Expenses | - | - | - | - | - | - | - |
| Profit Before exceptional items and Tax | -5% | 3,859 | 4,062 | 4,584 | 4,047 | 3,871 | 3,265 |
| Profit Before exceptional items and Tax | - | - | - | - | - | - | - |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | -185 | 0 |
| Total profit before tax | -5% | 3,859 | 4,062 | 4,584 | 4,047 | 3,686 | 3,265 |
| Total profit before tax | - | - | - | - | - | - | - |
| Current tax | -14.1% | 673 | 783 | 761 | 726 | 714 | 602 |
| Current tax | - | - | - | - | - | - | - |
| Deferred tax | 204% | 243 | -231.65 | -155.32 | -1,487.5 | -34.04 | -1.4 |
| Deferred tax | - | - | - | - | - | - | - |
| Total tax | 66.1% | 916 | 552 | 605 | -761.27 | 680 | 601 |
| Total tax | - | - | - | - | - | - | - |
| Total profit (loss) for period | -17.6% | 3,084 | 3,744 | 3,834 | 3,538 | 3,233 | 3,007 |
| Total profit (loss) for period | - | - | - | - | - | - | - |
| Other comp. income net of taxes | -300.2% | -102.89 | -24.96 | -3.37 | 13 | 7.2 | -0.62 |
| Other comp. income net of taxes | - | - | - | - | - | - | - |
| Total Comprehensive Income | -19.8% | 2,981 | 3,719 | 3,830 | 3,550 | 3,241 | 3,007 |
| Total Comprehensive Income | - | - | - | - | - | - | - |
| Earnings Per Share, Basic | -24.2% | 3.07 | 3.73 | 3.82 | 3.52 | 3.22 | 2.99 |
| Earnings Per Share, Basic | - | - | - | - | - | - | - |
| Earnings Per Share, Diluted | -24.2% | 3.07 | 3.73 | 3.82 | 3.52 | 3.22 | 2.99 |
| Earnings Per Share, Diluted | - | - | - | - | - | - | - |
| Debt equity ratio | 0.2% | 099 | 084 | 085 | 084 | 078 | 082 |
| Debt service coverage ratio | -0.7% | 0.0252 | 0.0316 | 0.0405 | 0.0362 | 0.0362 | 0.0341 |
| Interest service coverage ratio | -5.1% | 0.0393 | 0.0863 | 0.0821 | 0.0718 | 0.0803 | 0.0753 |
| 69.3% |
| 32,632 |
| 19,275 |
| 18,852 |
| 19,212 |
| 19,546 |
| 20,061 |
| Capital work-in-progress | -24.3% | 30,149 | 39,834 | 31,998 | 29,795 | 27,592 | 25,315 |
| Investment property | 0% | 4.49 | 4.49 | 4.49 | 4.49 | 4.49 | 4.49 |
| Non-current investments | 4.7% | 6,207 | 5,926 | 7,372 | 6,356 | 5,864 | 5,547 |
| Loans, non-current | -33.5% | 826 | 1,242 | 1,253 | 1,196 | 1,138 | 1,090 |
| Total non-current financial assets | -1.4% | 11,557 | 11,718 | 12,940 | 12,134 | 11,295 | 11,583 |
| Total non-current assets | 4.7% | 75,485 | 72,089 | 67,497 | 64,856 | 62,165 | 60,600 |
| Total assets | 7.4% | 93,570 | 87,121 | 81,658 | 78,803 | 77,132 | 74,715 |
| Borrowings, non-current | 9.5% | 35,312 | 32,260 | 28,094 | 26,338 | 24,410 | 25,255 |
| Total non-current financial liabilities | 9.2% | 37,639 | 34,470 | 30,242 | 28,517 | 26,557 | 27,409 |
| Provisions, non-current | 6.1% | 71 | 67 | 61 | 60 | 55 | 51 |
| Total non-current liabilities | 8.5% | 42,399 | 39,090 | 34,434 | 32,495 | 30,248 | 31,342 |
| Borrowings, current | 11.7% | 4,154 | 3,719 | 2,351 | 3,053 | 3,644 | 2,886 |
| Total current financial liabilities | 28.1% | 7,699 | 6,009 | 5,007 | 5,236 | 5,403 | 4,645 |
| Provisions, current | -25.6% | 1,456 | 1,956 | 1,900 | 2,170 | 1,842 | 1,662 |
| Current tax liabilities | 1291.9% | 104 | 8.4 | 88 | 57 | 119 | 0 |
| Total current liabilities | 14.2% | 10,007 | 8,759 | 7,599 | 8,116 | 8,472 | 7,042 |
| Total liabilities | 10.2% | 53,739 | 48,773 | 42,957 | 41,534 | 39,642 | 39,307 |
| Equity share capital | 0% | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 |
| Total equity | 3.9% | 39,831 | 38,348 | 38,701 | 37,269 | 37,490 | 35,408 |
| Total equity and liabilities | 7.4% | 93,570 | 87,121 | 81,658 | 78,803 | 77,132 | 74,715 |
| -1.9% |
| 669 |
| 682 |
| 791 |
| 731 |
| - |
| - |
| Net Cashflows From Operating Activities | -27.1% | 4,160 | 5,708 | 3,894 | 6,141 | - | - |
| Cashflows used in obtaining control of subsidiaries | 47.1% | 1,123 | 764 | 531 | 744 | - | - |
| Proceeds from sales of PPE | -32.2% | 1.8 | 2.18 | 1.39 | 2.78 | - | - |
| Purchase of property, plant and equipment | 35.6% | 4,496 | 3,316 | 2,764 | 4,311 | - | - |
| Proceeds from government grants | 35% | 526 | 390 | 0 | 0 | - | - |
| Proceeds from sales of long-term assets | -92.6% | 12 | 150 | 0 | 0 | - | - |
| Purchase of other long-term assets | - | 0 | 0 | 14 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | -45% | 352 | 639 | 0 | 0 | - | - |
| Dividends received | -14.1% | 428 | 498 | 377 | 302 | - | - |
| Interest received | 35% | 221 | 164 | 169 | 330 | - | - |
| Other inflows (outflows) of cash | -91% | 2.08 | 13 | 0 | 0 | - | - |
| Net Cashflows From Investing Activities | -56.2% | -4,412.02 | -2,824.17 | -2,929.3 | -4,872.34 | - | - |
| Proceeds from borrowings | 99% | 8,054 | 4,047 | 3,972 | 4,114 | - | - |
| Repayments of borrowings | 15.4% | 3,131 | 2,714 | 1,899 | 1,398 | - | - |
| Payments of lease liabilities | 43.9% | 7.79 | 5.72 | 3.29 | 3.79 | - | - |
| Dividends paid | 2.7% | 1,909 | 1,858 | 1,909 | 1,667 | - | - |
| Interest paid | 56.7% | 3,094 | 1,975 | 1,682 | 1,521 | - | - |
| Net Cashflows from Financing Activities | 96.5% | -87.21 | -2,505.33 | -1,519.66 | -476.24 | - | - |
| Net change in cash and cash eq. | -190.2% | -339.18 | 378 | -555.11 | 792 | - | - |