NTPC

NSE: NTPCBSE: 532555
Compare with peers
₹ 303.75▲ 1.95 (+0.65%)28 Oct, 03:28 pm IST
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.

  • 15 Oct 2026Press ReleaseLow impactPositivePrice +0.2% on 16 Oct
    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.

    Filing
  • 10 Oct 2026General UpdatesLow impactPositivePrice −0.6% on 12 Oct
    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.

    Filing

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
AAA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CAREWithdrawnStable22 May 2026
India RatingsWithdrawnStable20 May 2026
CRISILWithdrawnStable19 May 2026
ICRA[ICRA]AAAStable18 May 2026
Credit rating actions
RatingDetails
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 2026UpcomingFinancial Results/DividendTo consider and approve the financial results for the period ended September 30, 2026 and dividend
24 Jul 2026Financial Results/Fund RaisingTo consider and approve the financial results for the period ended Jun 30, 2026 and Fund Raising
23 May 2026Financial Results/DividendTo 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 2026Financial Results/DividendTo 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 2025Financial Results/DividendTo 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 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
21 Jun 2025Fund RaisingPursuant 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.

Share price

1Y change −11.12%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales44,98342,82047,62848,52944,70645,06949,83447,06444,78645,84649,68650,741
Expenses32,30331,45833,63835,09133,04131,72935,08034,48531,97031,27641,18134,510
Operating Profit12,68011,36213,99013,43811,66513,34114,75412,57912,81614,5708,50516,231
OPM %28%27%29%28%26%30%30%27%29%32%17%32%
Other Income1,0242,5321,4001,1873,2189864,1803,2412,7341,7381,9181,549
Interest2,9213,2502,9553,1363,6212,7643,6483,4683,4323,1643,7373,386
Depreciation4,0384,0744,2714,2044,2164,3184,6634,5874,8165,0935,1345,234
Profit before tax6,7466,5718,1647,2847,0467,24510,6237,7657,3018,0501,5539,160
Tax %30%21%20%24%24%29%26%21%28%30%−584%25%
Net Profit4,7265,2096,4905,5065,3805,1707,8976,1085,2255,59710,6156,896
EPS in Rs4.765.326.365.655.445.227.856.25.235.6610.816.93

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
10%
5 Years
11%
3 Years
2%
TTM
2%
Compounded Profit Growth
10 Years
10%
5 Years
14%
3 Years
20%
TTM
16%
Stock Price CAGR
10 Years
10%
5 Years
24%
3 Years
15%
TTM
—
Return on Equity
10 Years
13%
5 Years
14%
3 Years
14%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
51.1%
0 pts in a year
FIIs
16.3%
+0.21 pts in a year
DIIs
29.44%
+0.52 pts in a year
Government
0%
−0.12 pts in a year
Public
3.14%
−0.63 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 10.4xEPS (12 months) ₹ 28.63Median P/E 12.8x
P/E (times)EPS (₹)

Prices are delayed and for information only. Nothing on this page is investment advice.