NTPC
- Market cap
- ₹ 2,88,961 Cr.
- P/E
- 10.4x
- P/B
- 1.44x
- 52-week range
- 292.05 – 414.4
- ROE
- 15%
- ROCE
- 9%
- Dividend yield
- 3%
- Debt / equity
- 1.33
- Sector
- Power
- Industry
- Power Generation
- Listed on
- NSE, BSE
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Power Generation: 36 companies →NTPC against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)10.4 against a typical 35: cheaper than most peers (1st = cheapest).7th of 36
- Sales growth+7.8% against a typical +6.5% from a year earlier.15th of 30
- Profit growth+12.9% against a typical −1.3% from a year earlier.10th of 25
- Share price, 3 months−12.1% against a typical −12.9%.16th of 34
- Size₹ 2,88,960.7 Cr. market value against a typical ₹ 2,247.1 Cr. (1st = largest).1st of 33
Latest announcements
Exchange filings and their impact on the company.
- NTPC signed an early-stage pact with Africa50 to explore African power projects, with no near-term financial impact.
NTPC Limited has signed a Cooperation Agreement with Africa50 on October 15, 2026 to jointly identify, assess and develop power generation projects and cross-border trading opportunities across Africa. NTPC will bring engineering and operations expertise while Africa50 brings its project pipeline and government relationships. It is an early-stage framework with no project, capacity or investment numbers disclosed, so there is no immediate financial impact.
- NTPC commissioned 66.18 MW of solar in Rajasthan, a tiny 0.07% addition to its 91,572 MW fleet.
NTPC declared commercial operation of 66.18 MW, the fourth part of the 650 MW Kalasar Solar Project in Bikaner, Rajasthan, under its 500 MW REMCL RTC project, effective 10 October 2026. The project is owned by NTPC Renewable Energy through NTPC Green Energy. With this, NTPC group's total installed capacity stands at 91,572 MW and commercial capacity at 90,492 MW, adding a small stream of long-term solar revenue.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | Stable | 22 May 2026 |
| India Ratings | Withdrawn | Stable | 20 May 2026 |
| CRISIL | Withdrawn | Stable | 19 May 2026 |
| ICRA | [ICRA]AAA | Stable | 18 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 May 2026 | Withdrawn | was CARE AAA | — | CARE | ₹ 2,66,171.5 Cr. | |
| 20 May 2026 | Withdrawn | was IND AAA | — | India Ratings | ₹ 2,36,171 Cr. | |
| 19 May 2026 | Withdrawn | was Crisil AAA | — | CRISIL | ₹ 2,56,467.01 Cr. | |
| 18 May 2026 | Reaffirmed | [ICRA]AAA | — | ICRA | ₹ 2,50,515 Cr. | |
| 20 Apr 2026 | Withdrawn | was CARE AAA | — | CARE | ₹ 2,57,171.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2026 and dividend |
| 24 Jul 2026 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended Jun 30, 2026 and Fund Raising |
| 23 May 2026 | Financial Results/Dividend | To consider and approve Annual Standalone and Consolidated Financial Statements for the year ended 31st March 2026 and Recommendation of final dividend for the year ended 31st March 2026, if any. |
| 30 Jan 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and 2nd Interim dividend for the financial year 2025-26. |
| 30 Oct 2025 | Financial Results/Dividend | To consider and approve the Un-audited Financial Results of the Company for the quarter and half year ended 30th September 2025 after these results are reviewed by the Audit Committee of the Board. Interim dividend on the equity share capital of the Company for the year 2025-26 may also be, inter-alia, considered in the same Meeting of the Board of Directors. |
| 29 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 21 Jun 2025 | Fund Raising | Pursuant to Regulation 29(1)(d) and 50(1)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that a meeting of the Board of Directors of NTPC Limited is scheduled to be held on Saturday, 21st June 2025, to inter-alia, consider issue of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures ("Bonds/NCDs") aggregating upto Rs.18,000 Crore, subject to approval of shareholders. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44,983 | 42,820 | 47,628 | 48,529 | 44,706 | 45,069 | 49,834 | 47,064 | 44,786 | 45,846 | 49,686 | 50,741 |
| Expenses | 32,303 | 31,458 | 33,638 | 35,091 | 33,041 | 31,729 | 35,080 | 34,485 | 31,970 | 31,276 | 41,181 | 34,510 |
| Operating Profit | 12,680 | 11,362 | 13,990 | 13,438 | 11,665 | 13,341 | 14,754 | 12,579 | 12,816 | 14,570 | 8,505 | 16,231 |
| OPM % | 28% | 27% | 29% | 28% | 26% | 30% | 30% | 27% | 29% | 32% | 17% | 32% |
| Other Income | 1,024 | 2,532 | 1,400 | 1,187 | 3,218 | 986 | 4,180 | 3,241 | 2,734 | 1,738 | 1,918 | 1,549 |
| Interest | 2,921 | 3,250 | 2,955 | 3,136 | 3,621 | 2,764 | 3,648 | 3,468 | 3,432 | 3,164 | 3,737 | 3,386 |
| Depreciation | 4,038 | 4,074 | 4,271 | 4,204 | 4,216 | 4,318 | 4,663 | 4,587 | 4,816 | 5,093 | 5,134 | 5,234 |
| Profit before tax | 6,746 | 6,571 | 8,164 | 7,284 | 7,046 | 7,245 | 10,623 | 7,765 | 7,301 | 8,050 | 1,553 | 9,160 |
| Tax % | 30% | 21% | 20% | 24% | 24% | 29% | 26% | 21% | 28% | 30% | −584% | 25% |
| Net Profit | 4,726 | 5,209 | 6,490 | 5,506 | 5,380 | 5,170 | 7,897 | 6,108 | 5,225 | 5,597 | 10,615 | 6,896 |
| EPS in Rs | 4.76 | 5.32 | 6.36 | 5.65 | 5.44 | 5.22 | 7.85 | 6.2 | 5.23 | 5.66 | 10.81 | 6.93 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 11%
- 3 Years
- 2%
- TTM
- 2%
- 10 Years
- 10%
- 5 Years
- 14%
- 3 Years
- 20%
- TTM
- 16%
- 10 Years
- 10%
- 5 Years
- 24%
- 3 Years
- 15%
- TTM
- —
- 10 Years
- 13%
- 5 Years
- 14%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Prices are delayed and for information only. Nothing on this page is investment advice.