Share Price and Basic Stock Data
Last Updated: December 16, 2025, 4:38 pm
| PEG Ratio | 1.80 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
NTPC Ltd, a major player in India’s power generation sector, has demonstrated a robust revenue trajectory, with reported sales rising from ₹132,669 Cr in FY 2022 to ₹176,207 Cr in FY 2023. This growth reflects a strong demand for electricity, driven by economic recovery and increasing industrial activity. The company’s sales figures for the trailing twelve months (TTM) stand at ₹186,665 Cr, indicating sustained performance. The latest quarterly sales in September 2023 recorded ₹44,983 Cr, marking a 2% increase from the previous quarter, which suggests resilience in the face of potential market fluctuations. The consistency in revenue generation is impressive, particularly as NTPC has maintained a steady operating profit margin (OPM) hovering around 27%, which is indicative of its operational efficiency amidst rising input costs. However, the power sector is notoriously cyclical, and while NTPC appears well-positioned currently, any downturn in economic activity could impact future revenues.
Profitability and Efficiency Metrics
NTPC’s profitability metrics are noteworthy, with a reported net profit of ₹24,556 Cr for FY 2025, translating to an earnings per share (EPS) of ₹20.34. The company’s return on equity (ROE) stands at a commendable 12.72%, suggesting effective management of shareholder capital. The interest coverage ratio (ICR) of 4.32x indicates that NTPC comfortably meets its interest obligations, showcasing financial stability. However, the operating profit margin has seen fluctuations, dipping to 27% in FY 2023 after peaking at 30% in FY 2022. This slight contraction could raise concerns about cost management, especially given the pressures from rising coal prices and regulatory changes. Despite these challenges, the company’s ability to generate consistent cash flow is reflected in its cash earnings per share of ₹40.37, which provides a cushion against operational risks and demonstrates its ability to reinvest in growth.
Balance Sheet Strength and Financial Ratios
Examining NTPC’s balance sheet reveals a mixed picture of strength and leverage. The company reported total borrowings of ₹254,876 Cr, which is significant but not uncommon for capital-intensive industries like power generation. With a debt-to-equity ratio of 1.34, NTPC maintains a manageable level of leverage, providing it with financial flexibility. The reserves have increased to ₹182,338 Cr, providing a strong buffer against economic fluctuations. However, the reported book value per share of ₹189.83 suggests that while the company is growing, shareholders are paying a premium, reflected in a price-to-book ratio of 1.88x. This ratio, while not excessively high, indicates that market expectations are elevated. Investors should be cautious, as high leverage can amplify risks during downturns, especially in a sector sensitive to regulatory and market changes.
Shareholding Pattern and Investor Confidence
NTPC’s shareholding structure reflects a stable and confident investor base, with promoters holding 51.10% of the company, ensuring control and a vested interest in its performance. Foreign Institutional Investors (FIIs) have gradually increased their stake from 15.67% in December 2022 to 16.40% in September 2025, indicating growing international confidence in the company. Domestic Institutional Investors (DIIs) also hold a significant 28.93%, suggesting that local institutions see value in NTPC’s fundamentals. However, the public float is relatively low at 3.45%, which could lead to volatility in share price movements. The increase in the number of shareholders from approximately 9.74 lakh in December 2022 to 37.29 lakh in September 2025 further highlights rising retail interest, which is promising for future liquidity. This broadening base of shareholders can be a double-edged sword; while it provides a cushion during downturns, it can also lead to increased volatility if sentiment shifts suddenly.
Outlook, Risks, and Final Insight
Looking ahead, NTPC is positioned well to capitalize on India’s increasing energy demands, driven by urbanization and industrial growth. However, several risks loom on the horizon. Regulatory changes in power tariffs and environmental policies could significantly impact profitability. Additionally, the company’s reliance on coal, which is subject to price volatility and regulatory scrutiny, poses a challenge. While NTPC’s current financial metrics reflect a solid operational foundation, potential investors should weigh these risks against the backdrop of India’s energy transition towards renewable sources. The company’s ability to adapt to this shift will be critical in maintaining its market position. In conclusion, while NTPC presents a compelling case for investment based on its current performance and growth trajectory, the inherent risks associated with the power sector necessitate caution. Investors would do well to monitor the evolving regulatory landscape and market conditions closely.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| 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 | 16.5 Cr. | 11.9 | 17.4/9.80 | 18.7 | 0.00 % | 0.23 % | 0.31 % | 10.0 | |
| GMR Power & Urban Infra Ltd | 8,460 Cr. | 118 | 141/89.4 | 19.7 | 0.00 % | 13.2 % | % | 5.00 | |
| Gita Renewable Energy Ltd | 38.2 Cr. | 93.0 | 164/88.2 | 31.5 | 0.00 % | 2.93 % | 2.93 % | 10.0 | |
| SJVN Ltd | 28,515 Cr. | 72.5 | 120/70.0 | 51.2 | 37.1 | 2.01 % | 4.91 % | 5.81 % | 10.0 |
| Industry Average | 59,138.25 Cr | 169.28 | 355.49 | 94.05 | 0.93% | 8.95% | 11.73% | 7.77 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 43,177 | 44,175 | 44,602 | 44,253 | 43,075 | 44,983 | 42,820 | 47,628 | 48,529 | 44,696 | 45,069 | 49,834 | 47,065 |
| Expenses | 32,381 | 33,808 | 31,783 | 32,311 | 30,664 | 32,303 | 31,458 | 33,638 | 35,091 | 33,041 | 31,729 | 35,080 | 34,485 |
| Operating Profit | 10,796 | 10,367 | 12,819 | 11,942 | 12,411 | 12,680 | 11,362 | 13,990 | 13,438 | 11,655 | 13,341 | 14,754 | 12,580 |
| OPM % | 25% | 23% | 29% | 27% | 29% | 28% | 27% | 29% | 28% | 26% | 30% | 30% | 27% |
| Other Income | 730 | 1,380 | 747 | 1,084 | 994 | 1,024 | 2,532 | 1,400 | 1,187 | 3,227 | 986 | 4,180 | 3,240 |
| Interest | 2,477 | 2,652 | 3,168 | 2,860 | 2,922 | 2,921 | 3,250 | 2,955 | 3,136 | 3,621 | 2,764 | 3,648 | 3,468 |
| Depreciation | 3,542 | 3,687 | 3,715 | 3,848 | 3,821 | 4,038 | 4,074 | 4,271 | 4,204 | 4,216 | 4,318 | 4,663 | 4,587 |
| Profit before tax | 5,508 | 5,408 | 6,683 | 6,318 | 6,661 | 6,746 | 6,571 | 8,164 | 7,284 | 7,046 | 7,245 | 10,623 | 7,765 |
| Tax % | 28% | 37% | 27% | 23% | 26% | 30% | 21% | 20% | 24% | 24% | 29% | 26% | 21% |
| Net Profit | 3,978 | 3,418 | 4,854 | 4,872 | 4,907 | 4,726 | 5,209 | 6,490 | 5,506 | 5,380 | 5,170 | 7,897 | 6,108 |
| EPS in Rs | 4.06 | 3.44 | 4.93 | 5.01 | 5.03 | 4.76 | 5.32 | 6.36 | 5.65 | 5.44 | 5.22 | 7.85 | 6.20 |
Last Updated: August 1, 2025, 4:15 pm
Below is a detailed analysis of the quarterly data for NTPC Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 47,065.00 Cr.. The value appears to be declining and may need further review. It has decreased from 49,834.00 Cr. (Mar 2025) to 47,065.00 Cr., marking a decrease of 2,769.00 Cr..
- For Expenses, as of Jun 2025, the value is 34,485.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 35,080.00 Cr. (Mar 2025) to 34,485.00 Cr., marking a decrease of 595.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 12,580.00 Cr.. The value appears to be declining and may need further review. It has decreased from 14,754.00 Cr. (Mar 2025) to 12,580.00 Cr., marking a decrease of 2,174.00 Cr..
- For OPM %, as of Jun 2025, the value is 27.00%. The value appears to be declining and may need further review. It has decreased from 30.00% (Mar 2025) to 27.00%, marking a decrease of 3.00%.
- For Other Income, as of Jun 2025, the value is 3,240.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,180.00 Cr. (Mar 2025) to 3,240.00 Cr., marking a decrease of 940.00 Cr..
- For Interest, as of Jun 2025, the value is 3,468.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3,648.00 Cr. (Mar 2025) to 3,468.00 Cr., marking a decrease of 180.00 Cr..
- For Depreciation, as of Jun 2025, the value is 4,587.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4,663.00 Cr. (Mar 2025) to 4,587.00 Cr., marking a decrease of 76.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 7,765.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10,623.00 Cr. (Mar 2025) to 7,765.00 Cr., marking a decrease of 2,858.00 Cr..
- For Tax %, as of Jun 2025, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Mar 2025) to 21.00%, marking a decrease of 5.00%.
- For Net Profit, as of Jun 2025, the value is 6,108.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7,897.00 Cr. (Mar 2025) to 6,108.00 Cr., marking a decrease of 1,789.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 6.20. The value appears to be declining and may need further review. It has decreased from 7.85 (Mar 2025) to 6.20, marking a decrease of 1.65.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:53 am
| 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 | 78,330 | 79,957 | 73,396 | 82,042 | 88,083 | 100,287 | 109,464 | 111,531 | 132,669 | 176,207 | 178,525 | 188,138 | 186,754 |
| Expenses | 58,603 | 62,605 | 54,829 | 60,445 | 65,598 | 77,576 | 77,878 | 77,487 | 92,307 | 128,611 | 127,025 | 133,746 | 133,264 |
| Operating Profit | 19,727 | 17,352 | 18,568 | 21,598 | 22,485 | 22,710 | 31,586 | 34,044 | 40,362 | 47,596 | 51,499 | 54,392 | 53,490 |
| OPM % | 25% | 22% | 25% | 26% | 26% | 23% | 29% | 31% | 30% | 27% | 29% | 29% | 29% |
| Other Income | 2,792 | 2,338 | 1,188 | 1,592 | 5,576 | 2,818 | 8,209 | 5,021 | 4,809 | 2,561 | 5,146 | 8,490 | 11,139 |
| Interest | 3,263 | 3,669 | 3,366 | 3,753 | 4,447 | 5,605 | 8,189 | 9,224 | 9,376 | 11,447 | 12,301 | 13,282 | 13,312 |
| Depreciation | 4,770 | 5,565 | 5,771 | 6,010 | 7,460 | 8,669 | 10,356 | 12,450 | 13,788 | 14,792 | 16,204 | 17,401 | 18,384 |
| Profit before tax | 14,486 | 10,456 | 10,618 | 13,426 | 16,154 | 11,255 | 21,250 | 17,390 | 22,007 | 23,917 | 28,142 | 32,198 | 32,934 |
| Tax % | 21% | 4% | -2% | 20% | 35% | -25% | 44% | 14% | 23% | 28% | 24% | 26% | |
| Net Profit | 11,403 | 9,992 | 10,781 | 10,714 | 10,502 | 14,034 | 11,902 | 14,969 | 16,960 | 17,121 | 21,332 | 23,953 | 24,401 |
| EPS in Rs | 11.53 | 10.09 | 10.92 | 10.83 | 10.66 | 13.88 | 11.72 | 15.09 | 17.20 | 17.44 | 21.46 | 24.16 | 24.50 |
| Dividend Payout % | 42% | 21% | 26% | 37% | 40% | 44% | 27% | 41% | 41% | 42% | 36% | 35% |
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 (%) | -12.37% | 7.90% | -0.62% | -1.98% | 33.63% | -15.19% | 25.77% | 13.30% | 0.95% | 24.60% | 12.29% |
| Change in YoY Net Profit Growth (%) | 0.00% | 20.27% | -8.52% | -1.36% | 35.61% | -48.82% | 40.96% | -12.47% | -12.35% | 23.65% | -12.31% |
NTPC 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: | 9% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 16% |
| 3 Years: | 8% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 28% |
| 3 Years: | 25% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 11:50 am
Balance Sheet
Last Updated: December 4, 2025, 1:44 am
| 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8,245 | 8,245 | 8,245 | 8,245 | 8,245 | 9,895 | 9,895 | 9,697 | 9,697 | 9,697 | 9,697 | 9,697 | 9,697 |
| Reserves | 79,084 | 73,849 | 83,330 | 89,593 | 95,318 | 101,462 | 108,945 | 116,042 | 125,677 | 137,326 | 151,013 | 174,374 | 182,338 |
| Borrowings | 81,455 | 102,252 | 99,424 | 113,773 | 130,049 | 173,058 | 202,984 | 210,208 | 210,707 | 222,913 | 237,131 | 250,096 | 254,876 |
| Other Liabilities | 31,334 | 35,366 | 33,666 | 36,990 | 48,880 | 62,509 | 55,746 | 62,075 | 69,751 | 77,253 | 81,437 | 89,330 | 91,753 |
| Total Liabilities | 200,118 | 219,712 | 224,665 | 248,601 | 282,492 | 346,923 | 377,569 | 398,022 | 415,831 | 447,189 | 479,278 | 523,497 | 538,664 |
| Fixed Assets | 84,208 | 91,853 | 92,929 | 104,532 | 128,245 | 150,985 | 187,803 | 203,245 | 224,923 | 240,424 | 258,934 | 271,437 | 295,305 |
| CWIP | 53,825 | 67,555 | 75,046 | 86,896 | 83,386 | 118,397 | 98,508 | 97,506 | 91,126 | 89,179 | 87,664 | 100,859 | 88,605 |
| Investments | 3,300 | 1,902 | 6,473 | 7,614 | 8,876 | 8,132 | 9,307 | 10,589 | 10,626 | 13,935 | 15,885 | 19,704 | 20,162 |
| Other Assets | 58,785 | 58,403 | 50,217 | 49,560 | 61,985 | 69,409 | 81,951 | 86,681 | 89,156 | 103,651 | 116,795 | 131,498 | 134,593 |
| Total Assets | 200,118 | 219,712 | 224,665 | 248,601 | 282,492 | 346,923 | 377,569 | 398,022 | 415,831 | 447,189 | 479,278 | 523,497 | 538,664 |
Below is a detailed analysis of the balance sheet data for NTPC Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 9,697.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 9,697.00 Cr..
- For Reserves, as of Sep 2025, the value is 182,338.00 Cr.. The value appears strong and on an upward trend. It has increased from 174,374.00 Cr. (Mar 2025) to 182,338.00 Cr., marking an increase of 7,964.00 Cr..
- For Borrowings, as of Sep 2025, the value is 254,876.00 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 250,096.00 Cr. (Mar 2025) to 254,876.00 Cr., marking an increase of 4,780.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 91,753.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 89,330.00 Cr. (Mar 2025) to 91,753.00 Cr., marking an increase of 2,423.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 538,664.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 523,497.00 Cr. (Mar 2025) to 538,664.00 Cr., marking an increase of 15,167.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 295,305.00 Cr.. The value appears strong and on an upward trend. It has increased from 271,437.00 Cr. (Mar 2025) to 295,305.00 Cr., marking an increase of 23,868.00 Cr..
- For CWIP, as of Sep 2025, the value is 88,605.00 Cr.. The value appears to be declining and may need further review. It has decreased from 100,859.00 Cr. (Mar 2025) to 88,605.00 Cr., marking a decrease of 12,254.00 Cr..
- For Investments, as of Sep 2025, the value is 20,162.00 Cr.. The value appears strong and on an upward trend. It has increased from 19,704.00 Cr. (Mar 2025) to 20,162.00 Cr., marking an increase of 458.00 Cr..
- For Other Assets, as of Sep 2025, the value is 134,593.00 Cr.. The value appears strong and on an upward trend. It has increased from 131,498.00 Cr. (Mar 2025) to 134,593.00 Cr., marking an increase of 3,095.00 Cr..
- For Total Assets, as of Sep 2025, the value is 538,664.00 Cr.. The value appears strong and on an upward trend. It has increased from 523,497.00 Cr. (Mar 2025) to 538,664.00 Cr., marking an increase of 15,167.00 Cr..
However, the Borrowings (254,876.00 Cr.) are higher than the Reserves (182,338.00 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
| 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
| 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 | -62.00 | -85.00 | -81.00 | -92.00 | -108.00 | -151.00 | -171.00 | -176.00 | -170.00 | -175.00 | -186.00 | -196.00 |
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 | 31 | 42 | 41 | 40 | 37 | 45 | 68 | 92 | 77 | 62 | 68 | 67 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 31 | 42 | 41 | 40 | 37 | 45 | 68 | 92 | 77 | 62 | 68 | 67 |
| Working Capital Days | -18 | -47 | -39 | -52 | -44 | -106 | -37 | -61 | -62 | -43 | -45 | -38 |
| ROCE % | 11% | 8% | 7% | 9% | 9% | 7% | 10% | 9% | 9% | 10% | 10% | 10% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| ICICI Prudential Equity & Debt Fund | 76,360,769 | 5.06 | 2492.8 | 76,074,915 | 2025-12-15 07:16:47 | 0.38% |
| ICICI Prudential Value Fund | 69,020,590 | 3.73 | 2253.18 | 56,644,481 | 2025-12-15 07:16:47 | 21.85% |
| HDFC Balanced Advantage Fund | 68,585,915 | 2.07 | 2238.99 | N/A | N/A | N/A |
| ICICI Prudential Large Cap Fund | 55,971,787 | 2.34 | 1827.2 | 54,127,001 | 2025-12-15 07:16:47 | 3.41% |
| ICICI Prudential Multi Asset Fund | 35,734,651 | 1.55 | 1166.56 | 53,514,163 | 2025-12-08 04:33:31 | -33.22% |
| Nippon India Large Cap Fund | 33,417,977 | 2.17 | 1090.93 | N/A | N/A | N/A |
| ICICI Prudential India Opportunities Fund | 33,308,128 | 3.2 | 1087.34 | 32,840,652 | 2025-12-15 07:16:47 | 1.42% |
| Nippon India Multi Cap Fund | 29,762,573 | 1.94 | 971.6 | N/A | N/A | N/A |
| HDFC Large Cap Fund | 29,644,580 | 2.38 | 967.75 | N/A | N/A | N/A |
| ICICI Prudential Balanced Advantage Fund | 25,361,982 | 1.19 | 827.94 | 24,189,973 | 2025-12-15 07:16:47 | 4.85% |
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.) | 20.34 | 21.46 | 17.44 | 17.20 | 14.87 |
| Diluted EPS (Rs.) | 20.34 | 21.46 | 17.87 | 15.66 | 14.87 |
| Cash EPS (Rs.) | 40.37 | 37.02 | 32.11 | 30.66 | 27.57 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 189.83 | 165.74 | 155.68 | 143.49 | 133.31 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 189.83 | 165.74 | 155.68 | 143.49 | 133.31 |
| Revenue From Operations / Share (Rs.) | 194.02 | 184.08 | 181.72 | 136.82 | 115.02 |
| PBDIT / Share (Rs.) | 58.63 | 55.44 | 51.05 | 43.94 | 39.18 |
| PBIT / Share (Rs.) | 40.68 | 38.73 | 35.79 | 29.72 | 26.34 |
| PBT / Share (Rs.) | 30.92 | 27.34 | 24.29 | 20.11 | 15.27 |
| Net Profit / Share (Rs.) | 22.42 | 20.31 | 16.85 | 16.44 | 14.73 |
| NP After MI And SOA / Share (Rs.) | 24.16 | 21.46 | 17.44 | 17.20 | 15.09 |
| PBDIT Margin (%) | 30.21 | 30.11 | 28.09 | 32.11 | 34.06 |
| PBIT Margin (%) | 20.96 | 21.03 | 19.69 | 21.72 | 22.89 |
| PBT Margin (%) | 15.93 | 14.84 | 13.36 | 14.69 | 13.27 |
| Net Profit Margin (%) | 11.55 | 11.03 | 9.27 | 12.01 | 12.80 |
| NP After MI And SOA Margin (%) | 12.44 | 11.65 | 9.59 | 12.56 | 13.12 |
| Return on Networth / Equity (%) | 12.72 | 12.95 | 11.50 | 12.31 | 11.63 |
| Return on Capital Employeed (%) | 9.40 | 9.93 | 9.68 | 8.53 | 7.84 |
| Return On Assets (%) | 4.46 | 4.33 | 3.79 | 4.00 | 3.66 |
| Long Term Debt / Equity (X) | 1.09 | 1.18 | 1.28 | 1.34 | 1.44 |
| Total Debt / Equity (X) | 1.34 | 1.46 | 1.50 | 1.55 | 1.57 |
| Asset Turnover Ratio (%) | 0.37 | 0.38 | 0.40 | 0.30 | 0.27 |
| Current Ratio (X) | 1.07 | 0.95 | 0.92 | 0.90 | 0.93 |
| Quick Ratio (X) | 0.89 | 0.78 | 0.76 | 0.77 | 0.79 |
| Inventory Turnover Ratio (X) | 10.24 | 11.07 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 34.15 | 34.94 | 24.36 | 23.25 | 37.79 |
| Dividend Payout Ratio (CP) (%) | 19.59 | 19.64 | 12.99 | 12.73 | 20.42 |
| Earning Retention Ratio (%) | 65.85 | 65.06 | 75.64 | 76.75 | 62.21 |
| Cash Earning Retention Ratio (%) | 80.41 | 80.36 | 87.01 | 87.27 | 79.58 |
| Interest Coverage Ratio (X) | 4.32 | 4.46 | 4.44 | 4.57 | 4.12 |
| Interest Coverage Ratio (Post Tax) (X) | 2.37 | 2.55 | 2.50 | 2.55 | 2.51 |
| Enterprise Value (Cr.) | 589970.94 | 558365.60 | 388721.24 | 339714.15 | 299593.49 |
| EV / Net Operating Revenue (X) | 3.14 | 3.13 | 2.21 | 2.56 | 2.69 |
| EV / EBITDA (X) | 10.38 | 10.39 | 7.85 | 7.97 | 7.89 |
| MarketCap / Net Operating Revenue (X) | 1.84 | 1.82 | 0.96 | 0.98 | 0.92 |
| Retention Ratios (%) | 65.84 | 65.05 | 75.63 | 76.74 | 62.20 |
| Price / BV (X) | 1.88 | 2.03 | 1.16 | 0.96 | 0.82 |
| Price / Net Operating Revenue (X) | 1.84 | 1.82 | 0.96 | 0.98 | 0.92 |
| EarningsYield | 0.06 | 0.06 | 0.09 | 0.12 | 0.14 |
After reviewing the key financial ratios for NTPC 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 20.34. This value is within the healthy range. It has decreased from 21.46 (Mar 24) to 20.34, marking a decrease of 1.12.
- For Diluted EPS (Rs.), as of Mar 25, the value is 20.34. This value is within the healthy range. It has decreased from 21.46 (Mar 24) to 20.34, marking a decrease of 1.12.
- For Cash EPS (Rs.), as of Mar 25, the value is 40.37. This value is within the healthy range. It has increased from 37.02 (Mar 24) to 40.37, marking an increase of 3.35.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 189.83. It has increased from 165.74 (Mar 24) to 189.83, marking an increase of 24.09.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 189.83. It has increased from 165.74 (Mar 24) to 189.83, marking an increase of 24.09.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 194.02. It has increased from 184.08 (Mar 24) to 194.02, marking an increase of 9.94.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 58.63. This value is within the healthy range. It has increased from 55.44 (Mar 24) to 58.63, marking an increase of 3.19.
- For PBIT / Share (Rs.), as of Mar 25, the value is 40.68. This value is within the healthy range. It has increased from 38.73 (Mar 24) to 40.68, marking an increase of 1.95.
- For PBT / Share (Rs.), as of Mar 25, the value is 30.92. This value is within the healthy range. It has increased from 27.34 (Mar 24) to 30.92, marking an increase of 3.58.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 22.42. This value is within the healthy range. It has increased from 20.31 (Mar 24) to 22.42, marking an increase of 2.11.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 24.16. This value is within the healthy range. It has increased from 21.46 (Mar 24) to 24.16, marking an increase of 2.70.
- For PBDIT Margin (%), as of Mar 25, the value is 30.21. This value is within the healthy range. It has increased from 30.11 (Mar 24) to 30.21, marking an increase of 0.10.
- For PBIT Margin (%), as of Mar 25, the value is 20.96. This value exceeds the healthy maximum of 20. It has decreased from 21.03 (Mar 24) to 20.96, marking a decrease of 0.07.
- For PBT Margin (%), as of Mar 25, the value is 15.93. This value is within the healthy range. It has increased from 14.84 (Mar 24) to 15.93, marking an increase of 1.09.
- For Net Profit Margin (%), as of Mar 25, the value is 11.55. This value exceeds the healthy maximum of 10. It has increased from 11.03 (Mar 24) to 11.55, marking an increase of 0.52.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 12.44. This value is within the healthy range. It has increased from 11.65 (Mar 24) to 12.44, marking an increase of 0.79.
- For Return on Networth / Equity (%), as of Mar 25, the value is 12.72. This value is below the healthy minimum of 15. It has decreased from 12.95 (Mar 24) to 12.72, marking a decrease of 0.23.
- For Return on Capital Employeed (%), as of Mar 25, the value is 9.40. This value is below the healthy minimum of 10. It has decreased from 9.93 (Mar 24) to 9.40, marking a decrease of 0.53.
- For Return On Assets (%), as of Mar 25, the value is 4.46. This value is below the healthy minimum of 5. It has increased from 4.33 (Mar 24) to 4.46, marking an increase of 0.13.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 1.09. This value exceeds the healthy maximum of 1. It has decreased from 1.18 (Mar 24) to 1.09, marking a decrease of 0.09.
- For Total Debt / Equity (X), as of Mar 25, the value is 1.34. This value exceeds the healthy maximum of 1. It has decreased from 1.46 (Mar 24) to 1.34, marking a decrease of 0.12.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.37. It has decreased from 0.38 (Mar 24) to 0.37, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 1.07. This value is below the healthy minimum of 1.5. It has increased from 0.95 (Mar 24) to 1.07, marking an increase of 0.12.
- For Quick Ratio (X), as of Mar 25, the value is 0.89. This value is below the healthy minimum of 1. It has increased from 0.78 (Mar 24) to 0.89, marking an increase of 0.11.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 10.24. This value exceeds the healthy maximum of 8. It has decreased from 11.07 (Mar 24) to 10.24, marking a decrease of 0.83.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 34.15. This value is within the healthy range. It has decreased from 34.94 (Mar 24) to 34.15, marking a decrease of 0.79.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 19.59. This value is below the healthy minimum of 20. It has decreased from 19.64 (Mar 24) to 19.59, marking a decrease of 0.05.
- For Earning Retention Ratio (%), as of Mar 25, the value is 65.85. This value is within the healthy range. It has increased from 65.06 (Mar 24) to 65.85, marking an increase of 0.79.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 80.41. This value exceeds the healthy maximum of 70. It has increased from 80.36 (Mar 24) to 80.41, marking an increase of 0.05.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 4.32. This value is within the healthy range. It has decreased from 4.46 (Mar 24) to 4.32, marking a decrease of 0.14.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.37. This value is below the healthy minimum of 3. It has decreased from 2.55 (Mar 24) to 2.37, marking a decrease of 0.18.
- For Enterprise Value (Cr.), as of Mar 25, the value is 589,970.94. It has increased from 558,365.60 (Mar 24) to 589,970.94, marking an increase of 31,605.34.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.14. This value exceeds the healthy maximum of 3. It has increased from 3.13 (Mar 24) to 3.14, marking an increase of 0.01.
- For EV / EBITDA (X), as of Mar 25, the value is 10.38. This value is within the healthy range. It has decreased from 10.39 (Mar 24) to 10.38, marking a decrease of 0.01.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.84. This value is within the healthy range. It has increased from 1.82 (Mar 24) to 1.84, marking an increase of 0.02.
- For Retention Ratios (%), as of Mar 25, the value is 65.84. This value is within the healthy range. It has increased from 65.05 (Mar 24) to 65.84, marking an increase of 0.79.
- For Price / BV (X), as of Mar 25, the value is 1.88. This value is within the healthy range. It has decreased from 2.03 (Mar 24) to 1.88, marking a decrease of 0.15.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.84. This value is within the healthy range. It has increased from 1.82 (Mar 24) to 1.84, marking an increase of 0.02.
- For EarningsYield, as of Mar 25, the value is 0.06. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.06.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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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 NTPC Ltd:
- Net Profit Margin: 11.55%
- 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: 9.4% (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%: 12.72% (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): 2.37
- 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: 0.89
- 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: 13.2 (Industry average Stock P/E: 355.49)
- 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: 1.34
- 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: 11.55%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Power - Generation/Distribution | NTPC Bhawan, New Delhi Delhi 110003 | csntpc@ntpc.co.in http://www.ntpc.co.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Gurdeep Singh | Chairman & Managing Director |
| Mr. Shivam Srivastava | Director |
| Mr. Jaikumar Srinivasan | Director - Finance |
| Mr. K Shanmugha Sundaram | Director - Projects |
| Mr. Ravindra Kumar | Director - Operations |
| Mr. Anil Kumar Jadli | Director - Human Resources |
| Dr. Anil Kumar Gupta | Independent Director |
| Mr. Anil Kumar Trigunayat | Independent Director |
| Mr. Pankaj Gupta | Independent Director |
| Dr. K Ghayathri Devi | Independent Director |
| Mr. Sushil Kumar Choudhary | Independent Director |
| Mr. Piyush Singh | Government Nominee Director |
| Mr. Mahabir Prasad | Government Nominee Director |
FAQ
What is the intrinsic value of NTPC Ltd?
NTPC Ltd's intrinsic value (as of 16 December 2025) is 259.52 which is 19.15% lower the current market price of 321.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 3,11,263 Cr. market cap, FY2025-2026 high/low of 371/293, reserves of ₹182,338 Cr, and liabilities of 538,664 Cr.
What is the Market Cap of NTPC Ltd?
The Market Cap of NTPC Ltd is 3,11,263 Cr..
What is the current Stock Price of NTPC Ltd as on 16 December 2025?
The current stock price of NTPC Ltd as on 16 December 2025 is 321.
What is the High / Low of NTPC Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of NTPC Ltd stocks is 371/293.
What is the Stock P/E of NTPC Ltd?
The Stock P/E of NTPC Ltd is 13.2.
What is the Book Value of NTPC Ltd?
The Book Value of NTPC Ltd is 198.
What is the Dividend Yield of NTPC Ltd?
The Dividend Yield of NTPC Ltd is 2.58 %.
What is the ROCE of NTPC Ltd?
The ROCE of NTPC Ltd is 9.95 %.
What is the ROE of NTPC Ltd?
The ROE of NTPC Ltd is 12.1 %.
What is the Face Value of NTPC Ltd?
The Face Value of NTPC Ltd is 10.0.