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Last Updated on: 06 September, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532555 | NSE: NTPC

NTPC Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: September 6, 2025, 7:06 am

Market Cap 3,18,729 Cr.
Current Price 329
High / Low 448/293
Stock P/E13.3
Book Value 190
Dividend Yield2.54 %
ROCE9.95 %
ROE12.1 %
Face Value 10.0
PEG Ratio1.77

Quick Insight

NTPC Ltd, a key player in the power generation/distribution industry, currently trades at a price of 333 with a market cap of 3,23,093 Cr. The stock's P/E ratio stands at 13.5, indicating a reasonable valuation, while ROE and ROCE are at 12.1% and 9.95% respectively, reflecting decent returns on equity and capital employed. Operating profit margin is robust at 27%, supporting a healthy net profit of 23,953 Cr. However, the company's high level of borrowings at ₹250,096 Cr and a CCC of 67 days warrant attention, suggesting a need for efficient working capital management. With a P/BV of 1.88x and an ICR of 4.32x, investors should monitor the company's ability to manage debt and improve operational efficiency to drive sustainable growth in the long term.

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for NTPC Ltd

Competitors of NTPC 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 / 2.030.00 %8.46 %8.74 % 1.00
IND Renewable Energy Ltd 19.0 Cr. 13.7 17.7/9.80 18.70.00 %0.23 %0.31 % 10.0
GMR Power & Urban Infra Ltd 7,956 Cr. 111 169/89.4 8.210.00 %13.2 %% 5.00
Gita Renewable Energy Ltd 46.9 Cr. 114 198/100 31.90.00 %2.93 %2.93 % 10.0
SJVN Ltd 36,417 Cr. 92.7 135/80.552.8 36.11.58 %4.87 %5.80 % 10.0
Industry Average57,659.35 Cr194.5557.3490.840.84%9.04%11.82%8.08

All Competitor Stocks of NTPC Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales 43,17744,17544,60244,25343,07544,98342,82047,62848,52944,69645,06949,83447,065
Expenses 32,38133,80831,78332,31130,66432,30331,45833,63835,09133,04131,72935,08034,485
Operating Profit 10,79610,36712,81911,94212,41112,68011,36213,99013,43811,65513,34114,75412,580
OPM % 25%23%29%27%29%28%27%29%28%26%30%30%27%
Other Income 7301,3807471,0849941,0242,5321,4001,1873,2279864,1803,240
Interest 2,4772,6523,1682,8602,9222,9213,2502,9553,1363,6212,7643,6483,468
Depreciation 3,5423,6873,7153,8483,8214,0384,0744,2714,2044,2164,3184,6634,587
Profit before tax 5,5085,4086,6836,3186,6616,7466,5718,1647,2847,0467,24510,6237,765
Tax % 28%37%27%23%26%30%21%20%24%24%29%26%21%
Net Profit 3,9783,4184,8544,8724,9074,7265,2096,4905,5065,3805,1707,8976,108
EPS in Rs 4.063.444.935.015.034.765.326.365.655.445.227.856.20

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.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: August 23, 2025, 2:21 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 78,33079,95773,39682,04288,083100,287109,464111,531132,669176,207178,525188,138186,665
Expenses 58,60362,60554,82960,44565,59877,57677,87877,48792,307128,611127,025133,746134,335
Operating Profit 19,72717,35218,56821,59822,48522,71031,58634,04440,36247,59651,49954,39252,330
OPM % 25%22%25%26%26%23%29%31%30%27%29%29%28%
Other Income 2,7922,3381,1881,5925,5762,8188,2095,0214,8092,5615,1468,49011,633
Interest 3,2633,6693,3663,7534,4475,6058,1899,2249,37611,44712,30113,28213,500
Depreciation 4,7705,5655,7716,0107,4608,66910,35612,45013,78814,79216,20417,40117,784
Profit before tax 14,48610,45610,61813,42616,15411,25521,25017,39022,00723,91728,14232,19832,679
Tax % 21%4%-2%20%35%-25%44%14%23%28%24%26%
Net Profit 11,4039,99210,78110,71410,50214,03411,90214,96916,96017,12121,33223,95324,556
EPS in Rs 11.5310.0910.9210.8310.6613.8811.7215.0917.2017.4421.4624.1624.71
Dividend Payout % 42%21%26%37%40%44%27%41%41%42%36%35%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
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: June 16, 2025, 11:36 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 8,2458,2458,2458,2458,2459,8959,8959,6979,6979,6979,6979,697
Reserves 79,08473,84983,33089,59395,318101,462108,945116,042125,677137,326151,013174,374
Borrowings 81,455102,25299,424113,773130,049173,058202,984210,208210,707222,913237,131250,096
Other Liabilities 31,33435,36633,66636,99048,88062,50955,74662,07569,75177,25381,43789,997
Total Liabilities 200,118219,712224,665248,601282,492346,923377,569398,022415,831447,189479,278524,165
Fixed Assets 84,20891,85392,929104,532128,245150,985187,803203,245224,923240,424258,934271,520
CWIP 53,82567,55575,04686,89683,386118,39798,50897,50691,12689,17987,664100,776
Investments 3,3001,9026,4737,6148,8768,1329,30710,58910,62613,93515,88519,704
Other Assets 58,78558,40350,21749,56061,98569,40981,95186,68189,156103,651116,795132,165
Total Assets 200,118219,712224,665248,601282,492346,923377,569398,022415,831447,189479,278524,165

Below is a detailed analysis of the balance sheet data for NTPC 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 9,697.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 9,697.00 Cr..
  • For Reserves, as of Mar 2025, the value is 174,374.00 Cr.. The value appears strong and on an upward trend. It has increased from 151,013.00 Cr. (Mar 2024) to 174,374.00 Cr., marking an increase of 23,361.00 Cr..
  • For Borrowings, as of Mar 2025, the value is 250,096.00 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 237,131.00 Cr. (Mar 2024) to 250,096.00 Cr., marking an increase of 12,965.00 Cr..
  • For Other Liabilities, as of Mar 2025, the value is 89,997.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 81,437.00 Cr. (Mar 2024) to 89,997.00 Cr., marking an increase of 8,560.00 Cr..
  • For Total Liabilities, as of Mar 2025, the value is 524,165.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 479,278.00 Cr. (Mar 2024) to 524,165.00 Cr., marking an increase of 44,887.00 Cr..
  • For Fixed Assets, as of Mar 2025, the value is 271,520.00 Cr.. The value appears strong and on an upward trend. It has increased from 258,934.00 Cr. (Mar 2024) to 271,520.00 Cr., marking an increase of 12,586.00 Cr..
  • For CWIP, as of Mar 2025, the value is 100,776.00 Cr.. The value appears strong and on an upward trend. It has increased from 87,664.00 Cr. (Mar 2024) to 100,776.00 Cr., marking an increase of 13,112.00 Cr..
  • For Investments, as of Mar 2025, the value is 19,704.00 Cr.. The value appears strong and on an upward trend. It has increased from 15,885.00 Cr. (Mar 2024) to 19,704.00 Cr., marking an increase of 3,819.00 Cr..
  • For Other Assets, as of Mar 2025, the value is 132,165.00 Cr.. The value appears strong and on an upward trend. It has increased from 116,795.00 Cr. (Mar 2024) to 132,165.00 Cr., marking an increase of 15,370.00 Cr..
  • For Total Assets, as of Mar 2025, the value is 524,165.00 Cr.. The value appears strong and on an upward trend. It has increased from 479,278.00 Cr. (Mar 2024) to 524,165.00 Cr., marking an increase of 44,887.00 Cr..

However, the Borrowings (250,096.00 Cr.) are higher than the Reserves (174,374.00 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.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +16,53114,88924,12520,16719,67018,68623,89032,44441,78847,15240,78550,436
Cash from Investing Activity +-15,509-15,977-19,162-24,480-20,678-24,063-29,628-21,034-22,891-26,145-32,141-45,800
Cash from Financing Activity +-2,709-1,474-3,8993,1381,0284,9276,004-11,049-19,172-21,217-8,246-4,073
Net Cash Flow-1,687-2,5631,064-1,17619-451266360-274-210398563

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days314241403745689277626867
Inventory Days
Days Payable
Cash Conversion Cycle314241403745689277626867
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%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Promoters51.10%51.10%51.10%51.10%51.10%51.10%51.10%51.10%51.10%51.10%51.10%51.10%
FIIs14.97%15.67%15.61%15.80%16.69%17.05%17.86%17.68%18.60%18.20%17.79%16.09%
DIIs31.31%30.52%30.51%30.20%29.02%28.70%27.55%27.55%26.51%26.76%27.22%28.92%
Government0.10%0.10%0.10%0.10%0.10%0.10%0.11%0.11%0.11%0.11%0.11%0.12%
Public2.50%2.61%2.69%2.79%3.08%3.04%3.37%3.55%3.68%3.83%3.77%3.77%
No. of Shareholders9,88,6259,74,1539,83,6069,86,67410,66,54311,58,99213,93,48017,67,13835,74,82843,65,78641,43,17539,65,860

Shareholding Pattern Chart

No. of Shareholders

NTPC Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India CPSE ETF 193,488,588 18.26 6143.26193,488,5882025-04-22 16:58:220%
SBI Nifty 50 ETF 86,027,812 1.59 2731.3886,027,8122025-04-22 16:58:220%
HDFC Balanced Advantage Fund - Regular Plan 83,774,407 3.45 2659.8483,774,4072025-04-22 16:58:220%
ICICI Prudential Equity & Debt Fund 76,932,803 7.83 2442.6276,932,8032025-04-22 16:58:220%
SBI S&P BSE Sensex ETF 60,850,665 1.84 1932.3160,850,6652025-04-22 16:58:220%
HDFC Top 100 Fund - Regular Plan 54,669,743 5.6 1735.7654,669,7432025-04-22 12:29:180%
ICICI Prudential Bharat 22 ETF 54,021,098 10.9 1715.4454,021,0982025-04-22 16:58:220%
ICICI Prudential Multi Asset Fund 53,514,163 5.18 1699.0753,514,1632025-04-22 16:58:220%
ICICI Prudential Value Discovery Fund 51,109,718 4.12 1622.7351,109,7182025-04-22 16:58:220%
HDFC Flexi Cap Fund - Regular Plan 44,000,000 2.93 139744,000,0002025-04-22 16:58:220%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 24.1621.4617.4417.2014.87
Diluted EPS (Rs.) 24.1621.4617.8715.6614.87
Cash EPS (Rs.) 40.3737.0232.1130.6627.57
Book Value[Excl.RevalReserv]/Share (Rs.) 189.83170.29155.68143.49133.31
Book Value[Incl.RevalReserv]/Share (Rs.) 189.83170.29155.68143.49133.31
Revenue From Operations / Share (Rs.) 194.02184.08181.72136.82115.02
PBDIT / Share (Rs.) 58.6355.4451.0543.9439.18
PBIT / Share (Rs.) 40.6838.7335.7929.7226.34
PBT / Share (Rs.) 30.9226.3024.2920.1115.27
Net Profit / Share (Rs.) 22.4220.3116.8516.4414.73
NP After MI And SOA / Share (Rs.) 24.1621.4617.4417.2015.09
PBDIT Margin (%) 30.2130.1128.0932.1134.06
PBIT Margin (%) 20.9621.0319.6921.7222.89
PBT Margin (%) 15.9314.2813.3614.6913.27
Net Profit Margin (%) 11.5511.039.2712.0112.80
NP After MI And SOA Margin (%) 12.4411.659.5912.5613.12
Return on Networth / Equity (%) 12.7212.9511.5012.3111.63
Return on Capital Employeed (%) 9.409.939.688.537.84
Return On Assets (%) 4.464.333.794.003.66
Long Term Debt / Equity (X) 1.091.181.281.341.44
Total Debt / Equity (X) 1.341.461.501.551.57
Asset Turnover Ratio (%) 0.370.380.400.300.27
Current Ratio (X) 1.070.950.920.900.93
Quick Ratio (X) 0.890.780.760.770.79
Dividend Payout Ratio (NP) (%) 0.0034.9424.3623.2537.79
Dividend Payout Ratio (CP) (%) 0.0019.6412.9912.7320.42
Earning Retention Ratio (%) 0.0065.0675.6476.7562.21
Cash Earning Retention Ratio (%) 0.0080.3687.0187.2779.58
Interest Coverage Ratio (X) 4.324.464.444.574.12
Interest Coverage Ratio (Post Tax) (X) 2.372.552.502.552.51
Enterprise Value (Cr.) 589970.94558365.60388721.24339714.15299593.49
EV / Net Operating Revenue (X) 3.143.132.212.562.69
EV / EBITDA (X) 10.3810.397.857.977.89
MarketCap / Net Operating Revenue (X) 1.841.820.960.980.92
Retention Ratios (%) 0.0065.0575.6376.7462.20
Price / BV (X) 1.882.031.160.960.82
Price / Net Operating Revenue (X) 1.841.820.960.980.92
EarningsYield 0.060.060.090.120.14

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 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 Diluted EPS (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 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 170.29 (Mar 24) to 189.83, marking an increase of 19.54.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 189.83. It has increased from 170.29 (Mar 24) to 189.83, marking an increase of 19.54.
  • 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 26.30 (Mar 24) to 30.92, marking an increase of 4.62.
  • 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 14.28 (Mar 24) to 15.93, marking an increase of 1.65.
  • 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 Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 34.94 (Mar 24) to 0.00, marking a decrease of 34.94.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 19.64 (Mar 24) to 0.00, marking a decrease of 19.64.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 65.06 (Mar 24) to 0.00, marking a decrease of 65.06.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 80.36 (Mar 24) to 0.00, marking a decrease of 80.36.
  • 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 0.00. This value is below the healthy minimum of 30. It has decreased from 65.05 (Mar 24) to 0.00, marking a decrease of 65.05.
  • 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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of NTPC Ltd as of September 6, 2025 is: 250.83

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of September 6, 2025, NTPC Ltd is Overvalued by 23.76% compared to the current share price 329.00

Intrinsic Value of NTPC Ltd as of September 6, 2025 is: 269.68

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of September 6, 2025, NTPC Ltd is Overvalued by 18.03% compared to the current share price 329.00

Last 5 Year EPS CAGR: 7.51%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -49.33, which is a positive sign.
  2. The company has shown consistent growth in sales (121.54 cr) and profit (19.15 cr) over the years.
  1. The stock has a low average ROCE of 9.08%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 55.83, which may not be favorable.
  3. The company has higher borrowings (169,504.17) compared to reserves (111,334.42), which may suggest financial risk.

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:
    1. 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.
    2. ROCE: 9.4% (Industry Average ROCE: 9.04%)
      • 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.
    3. ROE%: 12.72% (Industry Average ROE: 11.82%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. 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.
    5. 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.
    6. Stock P/E: 13.3 (Industry average Stock P/E: 57.34)
      • 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.
    7. 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.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

NTPC Ltd. is a Public Limited Listed company incorporated on 07/11/1975 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L40101DL1975GOI007966 and registration number is 007966. Currently Company is involved in the business activities of Electric power generation by coal based thermal power plants. Company's Total Operating Revenue is Rs. 170037.37 Cr. and Equity Capital is Rs. 9696.67 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionNTPC Bhawan, New Delhi Delhi 110003csntpc@ntpc.co.in
http://www.ntpc.co.in
Management
NamePosition Held
Mr. Gurdeep SinghChairman & Managing Director
Mr. Shivam SrivastavaDirector
Mr. Jaikumar SrinivasanDirector - Finance
Mr. K Shanmugha SundaramDirector - Projects
Mr. Ravindra KumarDirector - Operations
Mr. Anil Kumar JadliDirector - Human Resources
Dr. Anil Kumar GuptaIndependent Director
Mr. Anil Kumar TrigunayatIndependent Director
Mr. Pankaj GuptaIndependent Director
Dr. K Ghayathri DeviIndependent Director
Mr. Sushil Kumar ChoudharyIndependent Director
Mr. Piyush SinghGovernment Nominee Director
Mr. Mahabir PrasadGovernment Nominee Director

FAQ

What is the intrinsic value of NTPC Ltd?

NTPC Ltd's intrinsic value (as of 06 September 2025) is 250.83 which is 23.76% lower the current market price of 329.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹3,18,729 Cr. market cap, FY2025-2026 high/low of 448/293, reserves of ₹174,374 Cr, and liabilities of 524,165 Cr.

What is the Market Cap of NTPC Ltd?

The Market Cap of NTPC Ltd is 3,18,729 Cr..

What is the current Stock Price of NTPC Ltd as on 06 September 2025?

The current stock price of NTPC Ltd as on 06 September 2025 is 329.

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 448/293.

What is the Stock P/E of NTPC Ltd?

The Stock P/E of NTPC Ltd is 13.3.

What is the Book Value of NTPC Ltd?

The Book Value of NTPC Ltd is 190.

What is the Dividend Yield of NTPC Ltd?

The Dividend Yield of NTPC Ltd is 2.54 %.

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.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in NTPC Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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