Share Price and Basic Stock Data
Last Updated: November 4, 2025, 5:12 pm
| PEG Ratio | -9.77 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
NHPC Ltd operates in the power generation and distribution sector, focusing on hydropower, which has been a cornerstone of its business model. For the fiscal year ending March 2024, the company reported sales of ₹9,631 Cr, a slight decline from ₹10,607 Cr in March 2023. However, the trailing twelve months (TTM) sales stood at ₹10,899 Cr, indicating a rebound in revenue generation. Quarterly sales data reveals fluctuations, with the highest quarterly sales recorded at ₹3,366 Cr in September 2022, followed by a drop to ₹2,029 Cr in March 2023. The sales trend indicates a recovery in the June and September quarters of 2023, with revenues rising to ₹2,757 Cr and ₹2,931 Cr, respectively. This revenue variability is indicative of seasonal factors impacting hydropower generation, which is critical for NHPC’s operational performance. Overall, the company’s revenue trajectory reflects the inherent challenges and opportunities within the hydropower sector.
Profitability and Efficiency Metrics
NHPC Ltd’s profitability metrics reveal a mixed performance in recent quarters. The operating profit margin (OPM) stood at 46% as of the latest reporting, showcasing strong operational efficiency compared to typical sector margins. However, the quarterly OPM exhibited volatility, peaking at 65% in September 2022 and declining to 37% in December 2023, which raises questions regarding cost management during lower revenue periods. The net profit for the fiscal year ending March 2024 was ₹4,000 Cr, with a net profit margin of 32.84% for the year, which is commendable for the power sector. The interest coverage ratio (ICR) reported at 5.78x indicates a comfortable ability to service debt, although the ICR has seen a decline from 15.48x in March 2024, pointing to a potential increase in financial leverage. The company’s return on equity (ROE) stood at 7.57%, which, while positive, may be below investor expectations in a high-growth sector.
Balance Sheet Strength and Financial Ratios
NHPC Ltd’s balance sheet reflects a robust financial position, with total assets recorded at ₹102,680 Cr as of March 2025. The company reported reserves of ₹29,623 Cr, which provides a cushion for future investments and operational needs. However, borrowings have increased significantly to ₹39,557 Cr, raising the total debt-to-equity ratio to 0.99x, indicating potential leverage risks. The current ratio of 1.62x suggests that NHPC maintains adequate liquidity to cover short-term obligations, while the quick ratio of 1.60x reinforces this liquidity position. The enterprise value (EV) stood at ₹124,798.50 Cr, with an EV/EBITDA ratio of 18.17x, which indicates a premium valuation compared to typical sector benchmarks. NHPC’s price-to-book value ratio of 2.08x suggests that the market values the company’s equity significantly above its book value, signalling investor confidence despite some financial leverage concerns.
Shareholding Pattern and Investor Confidence
The shareholding pattern of NHPC Ltd indicates a stable ownership structure, with promoters holding 67.40% as of March 2025. This level of promoter holding is a positive indicator of management’s commitment to the company’s long-term strategy. Foreign institutional investors (FIIs) have gradually increased their stake to 10.05%, while domestic institutional investors (DIIs) hold 10.54%, reflecting a balanced investor interest. The public shareholding has remained around 10.88%, indicating a diversified ownership base. The increase in the number of shareholders from 8,34,760 in December 2022 to 39,90,215 in March 2025 suggests growing retail investor interest, which is a positive sign for market confidence. However, the slight reduction in promoter holdings from 70.95% in March 2024 to 67.40% may raise questions about potential dilution of control, which could impact investor sentiment in the long run.
Outlook, Risks, and Final Insight
Looking ahead, NHPC Ltd faces both opportunities and challenges. The focus on renewable energy and the government’s push for sustainable power generation may enhance NHPC’s growth prospects, particularly as it continues to expand its hydropower portfolio. However, risks such as fluctuating water levels, regulatory changes, and increasing competition from other renewable sources could impact operational efficiency and profitability. Additionally, the rising debt levels necessitate careful management to maintain financial health and investor confidence. The company’s ability to navigate these risks while leveraging its strengths in operational efficiency and strong market positioning will be crucial in determining its future trajectory. Overall, NHPC Ltd stands at a crossroads where strategic decisions in response to market dynamics will shape its long-term success.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of NHPC Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Muzali Arts Ltd | 5.80 Cr. | 0.98 | / | 2.03 | 0.00 % | 8.46 % | 8.74 % | 1.00 | |
| IND Renewable Energy Ltd | 19.1 Cr. | 13.7 | 17.7/9.80 | 18.7 | 0.00 % | 0.23 % | 0.31 % | 10.0 | |
| GMR Power & Urban Infra Ltd | 8,790 Cr. | 123 | 141/89.4 | 8.21 | 0.00 % | 13.2 % | % | 5.00 | |
| Gita Renewable Energy Ltd | 41.2 Cr. | 100 | 178/98.4 | 31.9 | 0.00 % | 2.93 % | 2.93 % | 10.0 | |
| SJVN Ltd | 34,335 Cr. | 87.3 | 124/80.5 | 49.7 | 36.1 | 1.67 % | 4.91 % | 5.81 % | 10.0 |
| Industry Average | 63,158.15 Cr | 177.71 | 59.80 | 87.78 | 0.86% | 8.95% | 11.73% | 7.77 |
Quarterly Result
| Metric | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,674 | 2,785 | 3,366 | 2,583 | 2,029 | 2,757 | 2,931 | 2,056 | 1,887 | 2,694 | 3,052 | 2,287 | 2,347 |
| Expenses | 1,154 | 1,308 | 1,178 | 1,383 | 1,141 | 1,253 | 1,163 | 1,303 | 735 | 1,085 | 1,253 | 1,265 | 1,257 |
| Operating Profit | 520 | 1,477 | 2,188 | 1,200 | 888 | 1,505 | 1,768 | 752 | 1,152 | 1,609 | 1,799 | 1,021 | 1,090 |
| OPM % | 31% | 53% | 65% | 46% | 44% | 55% | 60% | 37% | 61% | 60% | 59% | 45% | 46% |
| Other Income | 462 | 255 | 383 | 111 | 425 | 292 | 261 | 587 | 623 | 431 | 454 | 365 | 379 |
| Interest | 134 | 137 | 107 | 120 | 111 | 109 | 116 | 133 | 365 | 237 | 302 | 656 | -12 |
| Depreciation | 296 | 303 | 301 | 306 | 304 | 294 | 295 | 296 | 299 | 296 | 285 | 297 | 315 |
| Profit before tax | 553 | 1,291 | 2,162 | 885 | 898 | 1,394 | 1,618 | 909 | 1,111 | 1,507 | 1,666 | 434 | 1,167 |
| Tax % | 7% | 18% | 22% | 12% | 17% | 21% | -5% | 31% | 46% | 26% | 36% | 24% | 21% |
| Net Profit | 516 | 1,054 | 1,686 | 776 | 745 | 1,095 | 1,693 | 623 | 605 | 1,108 | 1,060 | 330 | 920 |
| EPS in Rs | 0.47 | 1.03 | 1.53 | 0.67 | 0.65 | 1.03 | 1.54 | 0.48 | 0.54 | 1.02 | 0.90 | 0.23 | 0.85 |
Last Updated: May 31, 2025, 8:17 am
Below is a detailed analysis of the quarterly data for NHPC Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 2,347.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,287.00 Cr. (Dec 2024) to 2,347.00 Cr., marking an increase of 60.00 Cr..
- For Expenses, as of Mar 2025, the value is 1,257.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,265.00 Cr. (Dec 2024) to 1,257.00 Cr., marking a decrease of 8.00 Cr..
- For Operating Profit, as of Mar 2025, the value is 1,090.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,021.00 Cr. (Dec 2024) to 1,090.00 Cr., marking an increase of 69.00 Cr..
- For OPM %, as of Mar 2025, the value is 46.00%. The value appears strong and on an upward trend. It has increased from 45.00% (Dec 2024) to 46.00%, marking an increase of 1.00%.
- For Other Income, as of Mar 2025, the value is 379.00 Cr.. The value appears strong and on an upward trend. It has increased from 365.00 Cr. (Dec 2024) to 379.00 Cr., marking an increase of 14.00 Cr..
- For Interest, as of Mar 2025, the value is -12.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 656.00 Cr. (Dec 2024) to -12.00 Cr., marking a decrease of 668.00 Cr..
- For Depreciation, as of Mar 2025, the value is 315.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 297.00 Cr. (Dec 2024) to 315.00 Cr., marking an increase of 18.00 Cr..
- For Profit before tax, as of Mar 2025, the value is 1,167.00 Cr.. The value appears strong and on an upward trend. It has increased from 434.00 Cr. (Dec 2024) to 1,167.00 Cr., marking an increase of 733.00 Cr..
- For Tax %, as of Mar 2025, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 24.00% (Dec 2024) to 21.00%, marking a decrease of 3.00%.
- For Net Profit, as of Mar 2025, the value is 920.00 Cr.. The value appears strong and on an upward trend. It has increased from 330.00 Cr. (Dec 2024) to 920.00 Cr., marking an increase of 590.00 Cr..
- For EPS in Rs, as of Mar 2025, the value is 0.85. The value appears strong and on an upward trend. It has increased from 0.23 (Dec 2024) to 0.85, marking an increase of 0.62.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 6:33 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,389 | 8,221 | 8,354 | 8,623 | 7,755 | 8,983 | 10,008 | 9,648 | 9,144 | 10,607 | 9,631 | 10,380 | 10,899 |
| Expenses | 3,047 | 3,087 | 3,571 | 3,739 | 3,508 | 4,002 | 4,562 | 4,371 | 5,131 | 4,423 | 4,695 | 4,957 | 5,187 |
| Operating Profit | 4,342 | 5,134 | 4,783 | 4,884 | 4,248 | 4,981 | 5,446 | 5,277 | 4,013 | 6,184 | 4,936 | 5,423 | 5,712 |
| OPM % | 59% | 62% | 57% | 57% | 55% | 55% | 54% | 55% | 44% | 58% | 51% | 52% | 52% |
| Other Income | 889 | 1,597 | 1,174 | 2,245 | 1,185 | 1,733 | 311 | 1,087 | 981 | 743 | 2,030 | 1,726 | 1,611 |
| Interest | 1,203 | 1,296 | 1,160 | 1,133 | 924 | 896 | 877 | 577 | 586 | 475 | 767 | 1,189 | 1,206 |
| Depreciation | 1,499 | 1,715 | 1,432 | 1,462 | 1,469 | 1,658 | 1,614 | 1,292 | 1,190 | 1,215 | 1,184 | 1,193 | 1,332 |
| Profit before tax | 2,529 | 3,718 | 3,365 | 4,535 | 3,040 | 4,159 | 3,266 | 4,495 | 3,217 | 5,237 | 5,015 | 4,767 | 4,785 |
| Tax % | 35% | 25% | 30% | 23% | 8% | 32% | -2% | 20% | -17% | 19% | 20% | 28% | |
| Net Profit | 1,633 | 2,798 | 2,365 | 3,480 | 2,785 | 2,836 | 3,345 | 3,600 | 3,774 | 4,261 | 4,000 | 3,412 | 3,441 |
| EPS in Rs | 1.10 | 2.25 | 1.85 | 2.95 | 2.45 | 2.58 | 2.87 | 3.26 | 3.51 | 3.89 | 3.58 | 2.99 | 3.04 |
| Dividend Payout % | 27% | 27% | 81% | 61% | 57% | 56% | 52% | 49% | 52% | 48% | 53% | 64% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 71.34% | -15.48% | 47.15% | -19.97% | 1.83% | 17.95% | 7.62% | 4.83% | 12.90% | -6.13% | -14.70% |
| Change in YoY Net Profit Growth (%) | 0.00% | -86.82% | 62.62% | -67.12% | 21.80% | 16.12% | -10.32% | -2.79% | 8.07% | -19.03% | -8.57% |
NHPC Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 1% |
| 3 Years: | 4% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -2% |
| 3 Years: | -6% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 30% |
| 3 Years: | 27% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 10% |
| 3 Years: | 9% |
| Last Year: | 8% |
Last Updated: September 5, 2025, 11:40 am
Balance Sheet
Last Updated: September 10, 2025, 2:08 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11,071 | 11,071 | 11,071 | 10,259 | 10,259 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 |
| Reserves | 17,175 | 19,687 | 20,572 | 18,756 | 19,782 | 20,753 | 21,336 | 23,008 | 24,876 | 26,916 | 28,624 | 29,623 |
| Borrowings | 20,819 | 20,584 | 19,938 | 19,227 | 18,602 | 19,066 | 23,226 | 23,365 | 26,096 | 29,540 | 32,561 | 39,557 |
| Other Liabilities | 12,362 | 10,094 | 11,242 | 11,946 | 14,290 | 16,870 | 16,669 | 16,717 | 16,271 | 19,710 | 21,037 | 23,455 |
| Total Liabilities | 61,427 | 61,436 | 62,823 | 60,187 | 62,933 | 66,734 | 71,277 | 73,136 | 77,288 | 86,211 | 92,267 | 102,680 |
| Fixed Assets | 29,587 | 27,916 | 22,610 | 22,227 | 21,201 | 24,977 | 24,402 | 21,993 | 21,825 | 22,137 | 21,474 | 22,168 |
| CWIP | 14,924 | 16,378 | 16,742 | 17,588 | 19,087 | 15,037 | 17,180 | 19,167 | 22,522 | 31,357 | 39,798 | 50,601 |
| Investments | 1,273 | 1,020 | 606 | 1,020 | 1,125 | 1,283 | 1,398 | 1,842 | 2,386 | 499 | 479 | 444 |
| Other Assets | 15,643 | 16,123 | 22,866 | 19,352 | 21,520 | 25,437 | 28,297 | 30,133 | 30,554 | 32,218 | 30,516 | 29,467 |
| Total Assets | 61,427 | 61,436 | 62,823 | 60,187 | 62,933 | 66,734 | 71,277 | 73,136 | 77,288 | 86,211 | 92,267 | 102,680 |
Below is a detailed analysis of the balance sheet data for NHPC Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 10,045.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 10,045.00 Cr..
- For Reserves, as of Mar 2025, the value is 29,623.00 Cr.. The value appears strong and on an upward trend. It has increased from 28,624.00 Cr. (Mar 2024) to 29,623.00 Cr., marking an increase of 999.00 Cr..
- For Borrowings, as of Mar 2025, the value is 39,557.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 32,561.00 Cr. (Mar 2024) to 39,557.00 Cr., marking an increase of 6,996.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 23,455.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 21,037.00 Cr. (Mar 2024) to 23,455.00 Cr., marking an increase of 2,418.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 102,680.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 92,267.00 Cr. (Mar 2024) to 102,680.00 Cr., marking an increase of 10,413.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 22,168.00 Cr.. The value appears strong and on an upward trend. It has increased from 21,474.00 Cr. (Mar 2024) to 22,168.00 Cr., marking an increase of 694.00 Cr..
- For CWIP, as of Mar 2025, the value is 50,601.00 Cr.. The value appears strong and on an upward trend. It has increased from 39,798.00 Cr. (Mar 2024) to 50,601.00 Cr., marking an increase of 10,803.00 Cr..
- For Investments, as of Mar 2025, the value is 444.00 Cr.. The value appears to be declining and may need further review. It has decreased from 479.00 Cr. (Mar 2024) to 444.00 Cr., marking a decrease of 35.00 Cr..
- For Other Assets, as of Mar 2025, the value is 29,467.00 Cr.. The value appears to be declining and may need further review. It has decreased from 30,516.00 Cr. (Mar 2024) to 29,467.00 Cr., marking a decrease of 1,049.00 Cr..
- For Total Assets, as of Mar 2025, the value is 102,680.00 Cr.. The value appears strong and on an upward trend. It has increased from 92,267.00 Cr. (Mar 2024) to 102,680.00 Cr., marking an increase of 10,413.00 Cr..
However, the Borrowings (39,557.00 Cr.) are higher than the Reserves (29,623.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -16.00 | -15.00 | -15.00 | -15.00 | -14.00 | -15.00 | -18.00 | -18.00 | -22.00 | -23.00 | -28.00 | -34.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 120 | 129 | 83 | 78 | 63 | 115 | 131 | 194 | 207 | 212 | 168 | 169 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 120 | 129 | 83 | 78 | 63 | 115 | 131 | 194 | 207 | 212 | 168 | 169 |
| Working Capital Days | -12 | -1 | 109 | -29 | -120 | -18 | 57 | 36 | 11 | -1 | -51 | -58 |
| ROCE % | 8% | 9% | 8% | 11% | 8% | 10% | 9% | 9% | 6% | 8% | 8% | 7% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Nippon India CPSE ETF | 172,261,471 | 4.66 | 1566.72 | 172,261,471 | 2025-04-22 17:25:25 | 0% |
| HDFC Balanced Advantage Fund - Regular Plan | 81,944,835 | 0.97 | 745.29 | 81,944,835 | 2025-04-22 17:25:25 | 0% |
| ICICI Prudential Bharat 22 ETF | 30,836,489 | 1.78 | 280.58 | 30,836,489 | 2025-04-22 17:25:25 | 0% |
| Franklin India Prima Fund | 28,000,000 | 2.53 | 254.66 | 28,000,000 | 2025-04-22 17:25:25 | 0% |
| ICICI Prudential Large & Mid Cap Fund | 24,000,000 | 2.01 | 218.28 | 24,000,000 | 2025-04-22 17:25:25 | 0% |
| Mirae Asset Large & Midcap Fund | 23,792,857 | 0.65 | 216.4 | 23,792,857 | 2025-04-22 17:25:25 | 0% |
| SBI Contra Fund | 23,535,307 | 0.91 | 214.05 | 23,535,307 | 2025-04-22 17:25:25 | 0% |
| UTI Mid Cap Fund | 16,387,771 | 1.48 | 149.05 | 16,387,771 | 2025-04-22 17:25:25 | 0% |
| Invesco India Contra Fund | 15,274,714 | 1.04 | 138.92 | 15,274,714 | 2025-04-22 17:25:25 | 0% |
| HDFC Large and Mid Cap Fund - Regular Plan | 15,023,885 | 0.85 | 136.64 | 15,023,885 | 2025-04-22 17:25:25 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 2.72 | 3.61 | 3.87 | 4.71 | 3.24 |
| Diluted EPS (Rs.) | 2.99 | 3.61 | 3.87 | 3.51 | 3.24 |
| Cash EPS (Rs.) | 4.58 | 5.18 | 5.43 | 4.94 | 4.86 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 39.49 | 38.53 | 41.53 | 37.61 | 35.76 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 39.49 | 38.53 | 41.53 | 37.61 | 35.76 |
| Revenue From Operations / Share (Rs.) | 10.33 | 9.59 | 10.56 | 9.15 | 9.60 |
| PBDIT / Share (Rs.) | 6.84 | 6.20 | 6.91 | 6.12 | 6.38 |
| PBIT / Share (Rs.) | 5.65 | 5.02 | 5.71 | 4.94 | 5.08 |
| PBT / Share (Rs.) | 4.74 | 5.02 | 5.19 | 3.20 | 4.47 |
| Net Profit / Share (Rs.) | 3.39 | 4.00 | 4.22 | 3.76 | 3.57 |
| NP After MI And SOA / Share (Rs.) | 2.99 | 3.61 | 3.87 | 3.51 | 3.24 |
| PBDIT Margin (%) | 66.17 | 64.67 | 65.47 | 66.94 | 66.38 |
| PBIT Margin (%) | 54.68 | 52.38 | 54.02 | 53.99 | 52.92 |
| PBT Margin (%) | 45.90 | 52.31 | 49.17 | 35.02 | 46.52 |
| Net Profit Margin (%) | 32.84 | 41.77 | 39.97 | 41.09 | 37.18 |
| NP After MI And SOA Margin (%) | 28.96 | 37.62 | 36.67 | 38.34 | 33.75 |
| Return on Networth / Equity (%) | 7.57 | 9.36 | 10.54 | 10.09 | 9.84 |
| Return on Capital Employeed (%) | 6.21 | 6.12 | 7.47 | 7.22 | 7.71 |
| Return On Assets (%) | 2.92 | 3.88 | 4.51 | 4.55 | 4.45 |
| Long Term Debt / Equity (X) | 0.89 | 0.75 | 0.72 | 0.66 | 0.64 |
| Total Debt / Equity (X) | 0.99 | 0.83 | 0.79 | 0.74 | 0.66 |
| Asset Turnover Ratio (%) | 0.10 | 0.10 | 0.12 | 0.11 | 0.12 |
| Current Ratio (X) | 1.62 | 1.64 | 1.85 | 1.87 | 2.40 |
| Quick Ratio (X) | 1.60 | 1.62 | 1.83 | 1.85 | 2.38 |
| Inventory Turnover Ratio (X) | 46.42 | 54.84 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 63.47 | 51.27 | 49.06 | 47.32 | 48.42 |
| Dividend Payout Ratio (CP) (%) | 45.44 | 38.64 | 37.38 | 35.37 | 34.62 |
| Earning Retention Ratio (%) | 36.53 | 48.73 | 50.94 | 52.68 | 51.58 |
| Cash Earning Retention Ratio (%) | 54.56 | 61.36 | 62.62 | 64.63 | 65.38 |
| Interest Coverage Ratio (X) | 5.78 | 15.48 | 14.65 | 11.56 | 9.85 |
| Interest Coverage Ratio (Post Tax) (X) | 3.63 | 10.02 | 10.03 | 10.37 | 6.47 |
| Enterprise Value (Cr.) | 124798.50 | 124093.86 | 71990.36 | 54905.07 | 47100.98 |
| EV / Net Operating Revenue (X) | 12.02 | 12.88 | 6.79 | 5.98 | 4.88 |
| EV / EBITDA (X) | 18.17 | 19.92 | 10.36 | 8.93 | 7.35 |
| MarketCap / Net Operating Revenue (X) | 7.96 | 9.35 | 3.81 | 3.04 | 2.55 |
| Retention Ratios (%) | 36.52 | 48.72 | 50.93 | 52.67 | 51.57 |
| Price / BV (X) | 2.08 | 2.33 | 1.09 | 0.79 | 0.74 |
| Price / Net Operating Revenue (X) | 7.96 | 9.35 | 3.81 | 3.04 | 2.55 |
| EarningsYield | 0.03 | 0.04 | 0.09 | 0.12 | 0.13 |
After reviewing the key financial ratios for NHPC Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 2.72. This value is below the healthy minimum of 5. It has decreased from 3.61 (Mar 24) to 2.72, marking a decrease of 0.89.
- For Diluted EPS (Rs.), as of Mar 25, the value is 2.99. This value is below the healthy minimum of 5. It has decreased from 3.61 (Mar 24) to 2.99, marking a decrease of 0.62.
- For Cash EPS (Rs.), as of Mar 25, the value is 4.58. This value is within the healthy range. It has decreased from 5.18 (Mar 24) to 4.58, marking a decrease of 0.60.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 39.49. It has increased from 38.53 (Mar 24) to 39.49, marking an increase of 0.96.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 39.49. It has increased from 38.53 (Mar 24) to 39.49, marking an increase of 0.96.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 10.33. It has increased from 9.59 (Mar 24) to 10.33, marking an increase of 0.74.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 6.84. This value is within the healthy range. It has increased from 6.20 (Mar 24) to 6.84, marking an increase of 0.64.
- For PBIT / Share (Rs.), as of Mar 25, the value is 5.65. This value is within the healthy range. It has increased from 5.02 (Mar 24) to 5.65, marking an increase of 0.63.
- For PBT / Share (Rs.), as of Mar 25, the value is 4.74. This value is within the healthy range. It has decreased from 5.02 (Mar 24) to 4.74, marking a decrease of 0.28.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 3.39. This value is within the healthy range. It has decreased from 4.00 (Mar 24) to 3.39, marking a decrease of 0.61.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 2.99. This value is within the healthy range. It has decreased from 3.61 (Mar 24) to 2.99, marking a decrease of 0.62.
- For PBDIT Margin (%), as of Mar 25, the value is 66.17. This value is within the healthy range. It has increased from 64.67 (Mar 24) to 66.17, marking an increase of 1.50.
- For PBIT Margin (%), as of Mar 25, the value is 54.68. This value exceeds the healthy maximum of 20. It has increased from 52.38 (Mar 24) to 54.68, marking an increase of 2.30.
- For PBT Margin (%), as of Mar 25, the value is 45.90. This value is within the healthy range. It has decreased from 52.31 (Mar 24) to 45.90, marking a decrease of 6.41.
- For Net Profit Margin (%), as of Mar 25, the value is 32.84. This value exceeds the healthy maximum of 10. It has decreased from 41.77 (Mar 24) to 32.84, marking a decrease of 8.93.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 28.96. This value exceeds the healthy maximum of 20. It has decreased from 37.62 (Mar 24) to 28.96, marking a decrease of 8.66.
- For Return on Networth / Equity (%), as of Mar 25, the value is 7.57. This value is below the healthy minimum of 15. It has decreased from 9.36 (Mar 24) to 7.57, marking a decrease of 1.79.
- For Return on Capital Employeed (%), as of Mar 25, the value is 6.21. This value is below the healthy minimum of 10. It has increased from 6.12 (Mar 24) to 6.21, marking an increase of 0.09.
- For Return On Assets (%), as of Mar 25, the value is 2.92. This value is below the healthy minimum of 5. It has decreased from 3.88 (Mar 24) to 2.92, marking a decrease of 0.96.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.89. This value is within the healthy range. It has increased from 0.75 (Mar 24) to 0.89, marking an increase of 0.14.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.99. This value is within the healthy range. It has increased from 0.83 (Mar 24) to 0.99, marking an increase of 0.16.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.10. There is no change compared to the previous period (Mar 24) which recorded 0.10.
- For Current Ratio (X), as of Mar 25, the value is 1.62. This value is within the healthy range. It has decreased from 1.64 (Mar 24) to 1.62, marking a decrease of 0.02.
- For Quick Ratio (X), as of Mar 25, the value is 1.60. This value is within the healthy range. It has decreased from 1.62 (Mar 24) to 1.60, marking a decrease of 0.02.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 46.42. This value exceeds the healthy maximum of 8. It has decreased from 54.84 (Mar 24) to 46.42, marking a decrease of 8.42.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 63.47. This value exceeds the healthy maximum of 50. It has increased from 51.27 (Mar 24) to 63.47, marking an increase of 12.20.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 45.44. This value is within the healthy range. It has increased from 38.64 (Mar 24) to 45.44, marking an increase of 6.80.
- For Earning Retention Ratio (%), as of Mar 25, the value is 36.53. This value is below the healthy minimum of 40. It has decreased from 48.73 (Mar 24) to 36.53, marking a decrease of 12.20.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 54.56. This value is within the healthy range. It has decreased from 61.36 (Mar 24) to 54.56, marking a decrease of 6.80.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.78. This value is within the healthy range. It has decreased from 15.48 (Mar 24) to 5.78, marking a decrease of 9.70.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.63. This value is within the healthy range. It has decreased from 10.02 (Mar 24) to 3.63, marking a decrease of 6.39.
- For Enterprise Value (Cr.), as of Mar 25, the value is 124,798.50. It has increased from 124,093.86 (Mar 24) to 124,798.50, marking an increase of 704.64.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 12.02. This value exceeds the healthy maximum of 3. It has decreased from 12.88 (Mar 24) to 12.02, marking a decrease of 0.86.
- For EV / EBITDA (X), as of Mar 25, the value is 18.17. This value exceeds the healthy maximum of 15. It has decreased from 19.92 (Mar 24) to 18.17, marking a decrease of 1.75.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 7.96. This value exceeds the healthy maximum of 3. It has decreased from 9.35 (Mar 24) to 7.96, marking a decrease of 1.39.
- For Retention Ratios (%), as of Mar 25, the value is 36.52. This value is within the healthy range. It has decreased from 48.72 (Mar 24) to 36.52, marking a decrease of 12.20.
- For Price / BV (X), as of Mar 25, the value is 2.08. This value is within the healthy range. It has decreased from 2.33 (Mar 24) to 2.08, marking a decrease of 0.25.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 7.96. This value exceeds the healthy maximum of 3. It has decreased from 9.35 (Mar 24) to 7.96, marking a decrease of 1.39.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 24) to 0.03, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in NHPC Ltd:
- Net Profit Margin: 32.84%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 6.21% (Industry Average ROCE: 8.95%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 7.57% (Industry Average ROE: 11.73%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 3.63
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.6
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27.7 (Industry average Stock P/E: 59.8)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.99
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 32.84%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Power - Generation/Distribution | NHPC Office Complex, Faridabad Haryana 121003 | companysecretary@nhpc.nic.in https://www.nhpcindia.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Rajendra Prasad Goyal | Chairman & Managing Director |
| Mr. Sanjay Kumar Singh | Director - Projects |
| Mr. Suprakash Adhikari | Director - Technical |
| Mr. Uttam Lal | Director - Personnel |
| Mr. Uday Sakharam Nirgudkar | Independent Director |
| Mr. Jiji Joseph | Independent Director |
| Mr. Premkumar Goverthanan | Independent Director |
| Mr. Anil Kumar Sood | Independent Director |
| Mr. Mohammad Afzal | Government Nominee Director |
FAQ
What is the intrinsic value of NHPC Ltd?
NHPC Ltd's intrinsic value (as of 04 November 2025) is 67.41 which is 19.85% lower the current market price of 84.10, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 84,439 Cr. market cap, FY2025-2026 high/low of 92.3/71.0, reserves of ₹29,623 Cr, and liabilities of 102,680 Cr.
What is the Market Cap of NHPC Ltd?
The Market Cap of NHPC Ltd is 84,439 Cr..
What is the current Stock Price of NHPC Ltd as on 04 November 2025?
The current stock price of NHPC Ltd as on 04 November 2025 is 84.1.
What is the High / Low of NHPC Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of NHPC Ltd stocks is 92.3/71.0.
What is the Stock P/E of NHPC Ltd?
The Stock P/E of NHPC Ltd is 27.7.
What is the Book Value of NHPC Ltd?
The Book Value of NHPC Ltd is 39.5.
What is the Dividend Yield of NHPC Ltd?
The Dividend Yield of NHPC Ltd is 2.27 %.
What is the ROCE of NHPC Ltd?
The ROCE of NHPC Ltd is 7.42 %.
What is the ROE of NHPC Ltd?
The ROE of NHPC Ltd is 7.53 %.
What is the Face Value of NHPC Ltd?
The Face Value of NHPC Ltd is 10.0.