Nifty
:
25175.40
Sensex
:
81857.48
126.75 (0.51%)
319.78 (0.39%)
Nifty
Sensex
:
:
25175.40
81857.48
126.75 (0.51%)
319.78 (0.39%)

NTPC Ltd.

Power Generation/Distribution

Rating :
52/99

BSE: 532555 | NSE: NTPC

NSE BSE
344.70
27-Jan-2026
  • Open
  • High
  • Low
  • Previous Close
  •  340.5
  •  346.5
  •  337.05
  •  336.70
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  12203590
  •  4183374736.4
  •  371.45
  •  292.8

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,34,680.43
  • 14.09
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 5,78,926.13
  • 2.42%
  • 1.74

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 51.10%
  • 0.28%
  • 2.83%
  • FII
  • DII
  • Others
  • 16.24%
  • 26.80%
  • 2.75%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.88
  • 11.07
  • 2.19

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.70
  • 9.93
  • 2.68

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.19
  • 10.92
  • 11.47

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.27
  • 12.88
  • 13.99

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.33
  • 1.48
  • 1.80

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.47
  • 9.15
  • 9.71

Earnings Forecasts:

(Updated: 24-01-2026)
Description
2024
2025
2026
2027
Adj EPS
24.16
24.09
26.35
28.42
P/E Ratio
14.27
14.31
13.08
12.13
Revenue
186145
199569
214781
228467
EBITDA
54565.5
59740.7
66604.5
73628.5
Net Income
23422.5
23536.1
25728.2
27506.6
ROA
4.66
7.67
7.74
5.78
P/B Ratio
1.82
1.72
1.58
1.46
ROE
13.59
12.26
12.35
12.36
FCFF
-7943.45
-8945.6
-17873.1
-15118
FCFF Yield
-1.36
-1.53
-3.06
-2.59
Net Debt
238589
239250
256586
263265
BVPS
189.83
200.96
217.66
235.46

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
44,785.82
44,706.05
0.18%
47,065.36
48,528.88
-3.02%
49,833.70
47,628.19
4.63%
45,052.82
42,820.38
5.21%
Expenses
31,970.07
33,041.07
-3.24%
34,485.42
34,504.07
-0.05%
35,079.65
33,426.82
4.94%
31,385.70
31,458.23
-0.23%
EBITDA
12,815.75
11,664.98
9.87%
12,579.94
14,024.81
-10.30%
14,754.05
14,201.37
3.89%
13,667.12
11,362.15
20.29%
EBIDTM
28.62%
26.09%
26.73%
28.90%
29.61%
29.82%
30.34%
26.53%
Other Income
476.28
491.72
-3.14%
755.75
452.80
66.91%
1,251.35
1,188.36
5.30%
545.13
754.27
-27.73%
Interest
3,432.46
3,620.58
-5.20%
3,467.52
3,135.91
10.57%
3,648.04
2,955.25
23.44%
2,763.54
3,250.08
-14.97%
Depreciation
4,815.50
4,215.62
14.23%
4,587.00
4,204.20
9.11%
4,663.07
4,270.76
9.19%
4,318.30
4,073.91
6.00%
PBT
5,044.07
4,320.50
16.75%
5,281.17
7,137.50
-26.01%
7,694.29
8,163.72
-5.75%
7,130.41
4,792.43
48.78%
Tax
2,076.02
1,666.22
24.59%
1,656.60
1,778.20
-6.84%
2,725.64
1,673.66
62.86%
2,075.12
1,361.75
52.39%
PAT
2,968.05
2,654.28
11.82%
3,624.57
5,359.30
-32.37%
4,968.65
6,490.06
-23.44%
5,055.29
3,430.68
47.36%
PATM
6.63%
5.94%
7.70%
11.04%
9.97%
13.63%
11.22%
8.01%
EPS
5.23
5.44
-3.86%
6.20
5.65
9.73%
7.85
6.36
23.43%
5.22
5.32
-1.88%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
1,86,737.70
1,86,532.26
1,76,967.70
1,74,772.70
1,31,387.21
1,10,368.17
1,08,511.64
99,382.10
87,201.80
81,342.90
72,697.24
Net Sales Growth
1.66%
5.40%
1.26%
33.02%
19.04%
1.71%
9.19%
13.97%
7.20%
11.89%
 
Cost Of Goods Sold
5,742.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
1,80,995.37
1,86,532.26
1,76,967.70
1,74,772.70
1,31,387.21
1,10,368.17
1,08,511.64
99,382.10
87,201.80
81,342.90
72,697.24
GP Margin
96.92%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
1,32,920.84
1,32,370.55
1,27,034.40
1,27,313.50
91,749.30
76,626.23
76,975.70
76,905.91
64,832.39
60,028.87
54,786.69
Power & Fuel Cost
-
1,07,976.68
1,04,357.72
1,06,439.88
75,455.28
61,539.52
61,741.50
58,907.13
53,271.24
51,961.44
46,300.65
% Of Sales
-
57.89%
58.97%
60.90%
57.43%
55.76%
56.90%
59.27%
61.09%
63.88%
63.69%
Employee Cost
-
6,796.13
6,592.03
6,528.34
6,310.09
5,953.93
5,830.48
5,816.65
4,791.97
4,375.54
3,620.66
% Of Sales
-
3.64%
3.72%
3.74%
4.80%
5.39%
5.37%
5.85%
5.50%
5.38%
4.98%
Manufacturing Exp.
-
6,530.99
5,852.60
5,057.82
3,907.90
3,406.52
3,838.56
3,496.41
2,940.77
1,305.93
2,204.49
% Of Sales
-
3.50%
3.31%
2.89%
2.97%
3.09%
3.54%
3.52%
3.37%
1.61%
3.03%
General & Admin Exp.
-
3,196.59
3,103.75
2,999.13
2,851.92
2,626.49
2,458.32
2,251.13
1,745.98
1,608.19
1,411.34
% Of Sales
-
1.71%
1.75%
1.72%
2.17%
2.38%
2.27%
2.27%
2.00%
1.98%
1.94%
Selling & Distn. Exp.
-
5,682.23
4,317.50
2,760.89
1,815.65
1,185.56
882.97
370.37
56.94
42.21
45.20
% Of Sales
-
3.05%
2.44%
1.58%
1.38%
1.07%
0.81%
0.37%
0.07%
0.05%
0.06%
Miscellaneous Exp.
-
2,187.93
2,810.80
3,527.44
1,408.46
1,914.21
2,223.87
6,064.22
2,025.49
735.56
45.20
% Of Sales
-
1.17%
1.59%
2.02%
1.07%
1.73%
2.05%
6.10%
2.32%
0.90%
1.66%
EBITDA
53,816.86
54,161.71
49,933.30
47,459.20
39,637.91
33,741.94
31,535.94
22,476.19
22,369.41
21,314.03
17,910.55
EBITDA Margin
28.82%
29.04%
28.22%
27.15%
30.17%
30.57%
29.06%
22.62%
25.65%
26.20%
24.64%
Other Income
3,028.51
6,505.88
5,076.89
1,917.92
4,571.60
6,581.91
7,853.35
2,379.87
5,246.50
1,513.01
1,156.26
Interest
13,311.56
13,281.78
12,300.51
11,447.15
9,434.42
9,655.29
8,189.01
5,604.65
4,446.59
3,752.80
3,366.03
Depreciation
18,383.87
17,401.19
16,203.63
14,792.27
13,787.83
12,450.31
10,356.16
8,669.03
7,459.93
6,009.91
5,224.02
PBT
25,149.94
29,984.62
26,506.05
23,137.70
20,987.26
18,218.25
20,844.12
10,582.38
15,709.39
13,064.33
10,476.76
Tax
8,533.38
8,245.18
6,809.20
6,796.12
5,047.10
2,420.53
9,347.54
-2,779.94
5,652.94
2,975.10
-162.81
Tax Rate
33.93%
27.50%
25.69%
29.37%
24.05%
14.49%
44.84%
-26.27%
35.98%
22.77%
-1.55%
PAT
16,616.56
23,422.46
20,811.89
16,912.55
16,675.90
13,950.76
11,194.83
13,064.51
10,098.90
10,094.93
10,659.99
PAT before Minority Interest
15,967.08
23,953.15
21,332.45
17,121.35
16,960.29
14,285.53
11,496.58
13,362.32
10,056.45
10,089.23
10,639.57
Minority Interest
-649.48
-530.69
-520.56
-208.80
-284.39
-334.77
-301.75
-297.81
42.45
5.70
20.42
PAT Margin
8.90%
12.56%
11.76%
9.68%
12.69%
12.64%
10.32%
13.15%
11.58%
12.41%
14.66%
PAT Growth
-7.35%
12.54%
23.06%
1.42%
19.53%
24.62%
-14.31%
29.37%
0.04%
-5.30%
 
EPS
17.14
24.16
21.46
17.44
17.20
14.39
11.54
13.47
10.41
10.41
10.99

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
1,84,071.16
1,60,709.27
1,47,023.17
1,35,373.74
1,25,738.47
1,18,839.16
1,11,356.21
1,03,563.47
97,838.02
91,575.58
Share Capital
9,696.67
9,696.67
9,696.67
9,696.67
9,696.67
9,894.56
9,894.56
8,245.46
8,245.46
8,245.46
Total Reserves
1,74,374.49
1,51,012.60
1,37,326.50
1,25,677.07
1,16,041.80
1,08,944.60
1,01,461.65
95,318.01
89,592.56
83,330.12
Non-Current Liabilities
2,45,632.52
2,28,760.97
2,22,150.32
2,08,663.17
2,07,038.63
2,00,816.80
1,65,810.78
1,38,101.87
1,13,042.86
1,05,499.48
Secured Loans
52,840.11
53,025.47
60,192.04
57,916.40
65,287.07
65,819.86
57,599.23
38,995.27
40,633.44
31,493.43
Unsecured Loans
1,48,213.77
1,37,189.50
1,27,691.53
1,23,954.79
1,15,249.14
1,10,200.16
89,464.48
77,780.54
63,441.68
59,712.06
Long Term Provisions
17,609.78
16,644.78
14,473.20
10,523.75
12,789.05
14,154.28
12,792.95
8,713.81
5,096.53
9,949.04
Current Liabilities
1,02,212.75
99,750.56
90,825.47
76,671.79
72,909.64
67,484.95
78,237.19
47,981.47
44,083.81
36,215.39
Trade Payables
11,159.96
11,337.95
11,356.16
11,277.32
8,726.28
10,108.58
8,614.32
6,707.55
5,572.70
5,693.81
Other Current Liabilities
58,124.12
61,197.05
52,605.74
48,847.34
40,471.70
33,446.37
44,837.42
26,341.76
24,552.23
21,951.46
Short Term Borrowings
24,896.16
20,105.89
14,161.14
8,530.47
15,964.62
16,556.23
17,368.85
6,680.38
3,119.54
1,487.27
Short Term Provisions
8,032.51
7,109.67
12,702.43
8,016.66
7,747.04
7,373.77
7,416.60
8,251.78
10,839.34
7,082.85
Total Liabilities
5,38,967.95
4,93,633.81
4,63,929.41
4,24,469.11
4,09,210.45
3,90,458.10
3,58,312.38
2,90,594.58
2,55,767.95
2,34,083.75
Net Block
2,71,436.58
2,58,933.63
2,40,424.42
2,24,923.02
2,03,245.18
1,87,802.79
1,50,984.53
1,28,245.42
1,04,531.66
92,929.36
Gross Block
4,05,095.81
3,74,545.60
3,39,282.81
3,08,959.70
2,73,546.89
2,36,879.17
1,89,381.30
1,48,820.51
1,17,087.88
98,844.06
Accumulated Depreciation
1,33,659.23
1,15,611.97
98,858.39
84,036.68
70,301.71
49,076.38
38,396.77
20,575.09
12,556.22
5,914.70
Non Current Assets
4,26,908.83
3,95,578.09
3,76,468.55
3,52,998.73
3,38,888.55
3,21,928.39
3,04,939.72
2,41,326.09
2,21,419.42
2,01,673.65
Capital Work in Progress
1,00,859.28
87,664.45
89,179.00
91,126.26
97,506.03
98,508.47
1,18,396.86
83,386.10
86,895.71
75,045.53
Non Current Investment
19,653.58
15,834.56
13,884.79
10,626.24
10,089.26
9,306.59
8,132.31
8,875.61
7,802.31
6,094.64
Long Term Loans & Adv.
33,343.57
30,963.76
30,519.51
23,700.66
26,971.40
25,125.14
26,155.12
19,236.57
21,025.48
26,581.93
Other Non Current Assets
1,615.82
2,181.69
2,460.83
2,622.55
1,076.68
1,185.40
1,270.90
1,582.39
1,164.26
1,022.19
Current Assets
1,11,899.08
97,937.95
87,339.94
71,451.88
68,291.96
65,960.98
51,874.41
48,009.07
33,169.13
30,884.10
Current Investments
50.00
50.00
50.00
0.00
499.99
0.00
0.00
0.00
0.00
378.72
Inventories
18,722.26
18,019.12
14,240.37
10,139.29
9,809.60
11,138.54
8,251.62
6,140.29
6,586.13
7,050.61
Sundry Debtors
34,720.30
33,349.68
30,112.41
27,970.87
28,199.83
20,314.59
12,363.52
8,812.19
8,963.89
8,288.79
Cash & Bank
11,457.10
6,847.34
4,948.53
4,458.08
4,387.80
3,214.29
2,933.43
4,387.60
3,301.46
4,938.32
Other Current Assets
46,949.42
19,781.47
18,230.78
17,955.14
25,394.74
31,293.56
28,325.84
28,668.99
14,317.65
10,227.66
Short Term Loans & Adv.
23,630.72
19,890.34
19,757.85
10,928.50
9,444.45
16,519.27
11,216.45
16,896.58
5,047.71
7,552.37
Net Current Assets
9,686.33
-1,812.61
-3,485.53
-5,219.91
-4,617.68
-1,523.97
-26,362.78
27.60
-10,914.68
-5,331.29
Total Assets
5,38,807.91
4,93,516.04
4,63,808.49
4,24,450.61
4,09,210.45
3,90,458.10
3,58,312.38
2,90,594.58
2,55,767.95
2,34,083.75

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
50,435.95
40,099.19
47,151.78
41,788.23
32,444.06
23,889.67
18,685.65
19,669.61
20,166.56
24,124.87
PBT
32,198.33
28,141.65
23,917.47
22,007.39
18,902.12
21,249.52
11,254.55
15,709.39
13,760.55
10,617.92
Adjustment
24,573.45
25,306.55
26,854.71
19,939.79
15,781.59
11,330.99
18,384.06
7,857.35
9,239.53
8,655.47
Changes in Working Capital
-2,021.61
-9,706.15
455.25
1,914.10
828.64
-5,370.15
-7,488.14
-5,822.86
-207.27
6,237.49
Cash after chg. in Working capital
54,750.17
43,742.05
51,227.43
43,861.28
35,512.35
27,210.36
22,150.47
17,743.88
22,792.81
25,510.88
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-4,314.22
-3,642.86
-4,075.65
-2,073.05
-3,068.29
-3,320.69
-3,464.82
1,925.73
-2,626.25
-1,386.01
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-45,799.73
-31,455.97
-26,145.13
-22,890.92
-21,034.45
-29,628.12
-24,063.27
-20,678.11
-24,480.07
-19,161.62
Net Fixed Assets
-20,455.34
-14,620.89
-981.67
-42,958.49
-20,808.39
-22,328.68
-25,724.35
-26,394.63
-28,438.41
20,922.58
Net Investments
-1,947.53
-3,388.18
-6,520.38
5,376.27
-2,224.75
-13,254.95
-3,098.46
-1,095.12
-559.32
639.09
Others
-23,396.86
-13,446.90
-18,643.08
14,691.30
1,998.69
5,955.51
4,759.54
6,811.64
4,517.66
-40,723.29
Cash from Financing Activity
-4,073.00
-8,245.53
-21,216.77
-19,171.56
-11,049.11
6,004.26
4,926.75
1,027.78
3,137.96
-3,899.34
Net Cash Inflow / Outflow
563.22
397.69
-210.12
-274.25
360.50
265.81
-450.87
19.28
-1,175.55
1,063.91
Opening Cash & Equivalents
863.34
465.65
675.77
950.02
589.52
323.74
774.62
363.83
1,539.44
475.45
Closing Cash & Equivalent
1,426.56
863.34
465.65
675.77
950.02
589.52
323.74
383.11
363.83
1,539.44

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
189.83
165.74
151.62
139.61
127.58
117.51
111.03
103.39
97.69
91.01
ROA
4.64%
4.46%
3.85%
4.07%
3.57%
3.07%
4.12%
3.68%
4.20%
4.62%
ROE
13.89%
13.86%
12.13%
12.99%
11.91%
10.17%
12.60%
10.11%
10.72%
12.45%
ROCE
10.99%
10.58%
9.91%
9.24%
8.11%
9.68%
6.28%
9.10%
8.38%
7.40%
Fixed Asset Turnover
0.48
0.50
0.54
0.46
0.44
0.51
0.59
0.66
0.76
0.60
Receivable days
66.03
64.88
60.16
77.27
79.38
54.48
38.54
36.83
38.38
43.59
Inventory Days
35.64
32.98
25.25
27.44
34.28
32.33
26.19
26.37
30.33
37.34
Payable days
0.00
0.00
0.00
0.00
0.00
41.23
36.11
32.65
32.22
40.62
Cash Conversion Cycle
101.67
97.85
85.41
104.71
113.66
45.58
28.62
30.55
36.49
40.31
Total Debt/Equity
1.35
1.46
1.51
1.55
1.69
1.73
1.58
1.27
1.18
1.10
Interest Cover
3.42
3.29
3.09
3.33
2.73
3.55
2.89
4.53
4.48
4.11

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • NTPC signs shareholder agreement with MAHAGENCO for Sinnar Thermal Power acquisition
    10th Jan 2026, 15:24 PM

    STPL owns a coal based thermal power plant of 5X270 MW capacity at Sinnar, Nashik, Maharashtra

    Read More
  • NTPC gets nod to form JV company with EDF Power Solutions India
    24th Dec 2025, 11:47 AM

    The Board of Directors of the Company in their meeting held on December 23, 2025, has inter-alia approved the same

    Read More
  • NTPC’s arm incorporates JV company with Chhattisgarh State Power Generation Company
    6th Dec 2025, 14:39 PM

    The NTPC Green Energy holds 74% stake in the joint venture company

    Read More
  • NTPC plans to set up nuclear power projects in India
    17th Nov 2025, 10:13 AM

    It is currently evaluating land options in several states, including Gujarat, Madhya Pradesh, Bihar and Andhra Pradesh, among others

    Read More
  • NTPC’s arm to start commercial operation of Unit 1 (800 MW) of Patratu STPP
    4th Nov 2025, 14:49 PM

    With this, the total installed and commercial capacity of NTPC group will become 84849 MW

    Read More
  • NTPC starts drilling for CO2 Injection Borewell at Pakri Barwadih Coal Mine
    3rd Nov 2025, 14:28 PM

    Its primary purpose is to secure crucial geological and reservoir data required for establishing a safe and effective CO2 storage process

    Read More
  • NTPC reports marginal fall in Q2 consolidated net profit
    31st Oct 2025, 11:31 AM

    Consolidated total income of the company increased by 0.14% at Rs 45,262.10 crore for Q2FY26

    Read More
  • NTPC ropes in Engineers India to develop coal-to-synthetic natural gas facility
    27th Oct 2025, 12:21 PM

    The proposed facility will utilise high ash coal from its captive mines, converting it into SNG

    Read More
  • NTPC begins commercial operations of 37.95 MW solar capacity in Gujarat
    20th Oct 2025, 16:58 PM

    The total installed and commercial capacity of NTPC group will become 84,039 MW

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.