NHPC

    NHPC
    Energy
    ₹76.38
    price as of 11/9/2026, 5:27:54 pm

    Market cap ₹76,724 Cr

    P/E
    27.98
    Day range
    ₹75.87 – ₹77.40
    52-week range
    ₹71.62 – ₹89.22
    Volume
    1.20 Cr
    Open
    ₹75.91
    Prev close
    ₹76.35
    Promoters pledged 1.8% of their shares
    52-week range, adjusted for splits and bonuses
    ₹71.62₹89.22
    11 Jun 202619 Sept 2025
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150NIFTY ENERGYF&O lot 6,950

    Price history

    6M change +3.97%RSI (14) 47.6 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 49.5% today vs 46.5% average · BSE close ₹76.3

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹72₹76₹80₹84₹880%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Short covering
    Near-month future
    ₹76.96
    Change
    +0.71%
    Basis over spot
    +₹0.58
    Futures OI (shares)
    13.15 Cr
    OI change
    -1.39%
    Put-call ratio
    0.99
    Max pain
    ₹76
    Resistance (call OI)
    ₹80
    Support (put OI)
    ₹72
    Lot size
    6,950

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    6467697173757779818385878992020.0 L40.0 L60.0 L80.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    20.2
    EPS (TTM)
    ₹3.77
    ROE (FY26)
    10.4%
    ROCE (latest year)
    6%
    Dividend yield
    2.12%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +3.1%
    Profit 3Y CAGR
    -0.3%
    Revenue YoY (Jun 2026)
    +18.5%
    Profit YoY (Jun 2026)
    +4.2%
    Operating margin
    62.0%
    Net margin
    30.9%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr1.0K Cr2.0K Cr3.0K Cr4.0K Cr0%20%40%60%80%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-12.0KCr-6.0K Cr0 Cr6.0K Cr12.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%3%6%9%12%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr15.0K Cr30.0K Cr45.0K Cr60.0K Cr0.0x0.3x0.7x1.1x1.4x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,9312,0561,8872,6943,0522,2872,3473,2143,3652,2212,8163,808
    Expenses1,1631,3037351,0851,2471,2721,1421,4121,3382,0092,1791,456
    Operating Profit1,7687521,1521,6091,8051,0151,2051,8022,0272126372,352
    OPM %60%37%61%60%59%44%51%56%60%10%23%62%
    Other Income2615876234314543652654134481,449306407
    Interest116133365244308649-12261278310574606
    Depreciation295296299296285297315436441457642600
    Profit before tax1,6189091,1111,5001,6664341,1671,5181,755894-2741,554
    Tax %-5%31%46%27%36%24%21%26%31%64%-666%24%
    Net Profit1,6936236051,1021,0603309201,1311,2193211,5491,178
    EPS in Rs₹1.54₹0.48₹0.54₹1.02₹0.90₹0.23₹0.85₹1.06₹1.02₹0.22₹1.45₹1.09

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    NHPC, a Navratna Ratna public sector utility, is Government of India’s flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various Power Utilities. Its other business includes providing project management / construction contracts/ consultancy assignment services and trading of power. [1] [2]

    Strengths

    • Company has been maintaining a healthy dividend payout of 53.3%
    • Debtor days have improved from 114 to 82.6 days.

    Risks

    • Promoter holding has decreased over last quarter: -6.01%
    • The company has delivered a poor sales growth of 3.78% over past five years.
    • Tax rate seems low
    • Company has a low return on equity of 8.79% over last 3 years.
    • Company might be capitalizing the interest cost
    • Earnings include an other income of Rs.2,609 Cr.

    Compounded Sales Growth

    10 Years
    +3%
    5 Years
    +4%
    3 Years
    +3%
    TTM
    +12%

    Compounded Profit Growth

    10 Years
    +6%
    5 Years
    +2%
    3 Years
    -1%
    TTM
    +24%

    Stock Price CAGR

    10 Years
    +12%
    5 Years
    +23%
    3 Years
    +15%
    1 Year
    -7%

    Return on Equity

    10 Years
    +9%
    5 Years
    +9%
    3 Years
    +9%
    Last Year
    +9%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter67.40%67.40%67.40%61.39%-6.01 pp
    FII10.05%10.39%10.34%12.29%+1.95 pp
    DII10.54%10.31%10.78%14.54%+3.76 pp
    Government1.13%1.13%1.13%1.13%0.00 pp
    Public10.88%10.77%10.36%10.64%+0.28 pp

    Filed with NSE for Jun 2026: promoters 61.39%, public 38.61% · XBRL filing

    Analysts & fund holdings

    75%
    75% recommend buy
    4 analysts cover the stock
    Valuation vs Independent Power and Renewable Electricity Producers
    P/E28.0 vs 26.3
    Sector P/B2.93
    Beta1.03

    Who holds the shares, quarter by quarter

    Mutual funds 6.85% (+2.93 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters61.4%
    • Foreign institutions12.3%
    • Mutual funds6.8%
    • Insurance7.2%
    • Other domestic institutions0.5%
    • Retail8.2%
    • Others3.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Small Cap Fund1.10%1.98%-0.25 pp
    SBI Contra Fund0.67%1.08%-0.07 pp
    SBI Balanced Advantage Fund0.58%1.06%-0.07 pp
    ICICI Pru Large Cap Fund0.37%0.35%-0.09 pp
    HDFC Balanced Advantage Fund0.30%0.21%-0.01 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Avg
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      Not available — not reported in this filing

      Dividend - Re 0.21 Per Sh

      12 Aug 2026
      ex-date
    • dividend
      ₹1.40

      Interim Dividend - Rs 1.40 Per Share

      10 Feb 2026
      ex-date
    • dividend
      ₹0.51

      Dividend - Rs 0.51 Per Share

      14 Aug 2025
      ex-date
    • dividend
      ₹1.40

      Interim Dividend - Rs 1.4 Per Share

      13 Feb 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 0.50 Per Share

      12 Aug 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      12 Aug 2024
      ex-date
    • dividend
      ₹1.40

      Interim Dividend - Rs 1.40 Per Share

      22 Feb 2024
      ex-date
    • dividend
      ₹0.45

      Dividend - Rs 0.45 Per Share

      22 Aug 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      22 Aug 2023
      ex-date
    • dividend
      ₹1.40

      Interim Dividend - Rs 1.40 Per Share

      17 Feb 2023
      ex-date
    • dividend
      ₹0.50

      Dividend - Rs 0.50 Per Share

      10 Aug 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      10 Aug 2022
      ex-date
    • dividend
      ₹1.31

      Interim Dividend - Rs 1.31 Per Share

      22 Feb 2022
      ex-date
    • dividend
      ₹0.35

      Dividend - Rs 0.35 Per Share

      16 Sept 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      16 Sept 2021
      ex-date
    • dividend
      ₹1.25

      Interim Dividend - Rs 1.25 Per Share

      22 Feb 2021
      ex-date
    • dividend
      ₹0.32

      Dividend - Rs 0.32 Per Share

      17 Sept 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      17 Sept 2020
      ex-date
    • dividend
      ₹1.18

      Int Dividend - Rs 1.18 Per Share

      17 Feb 2020
      ex-date
    • dividend
      ₹0.75

      Annual General Meeting/Dividend - Rs 0.75 Per Share

      12 Sept 2019
      ex-date

    Insider trades

    Last 12 months, market trades
    Net selling ₹87,659
    2 buys · ₹13.0 L
    5 sells · ₹13.9 L
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Abhishek Kumar
    Immediate relative · Market Purchase
    		Buy13,000₹10.0 L14 Jan 2026
    Abhishek Kumar
    Immediate relative · Market Sale
    		Sell7,000₹5.4 L14 Jan 2026
    Abhishek Kumar
    Immediate relative · Market Sale
    		Sell3,000₹2.4 L14 Jan 2026
    Abhishek Kumar
    Immediate relative · Market Sale
    		Sell2,000₹1.6 L14 Jan 2026
    Abhishek Kumar
    Immediate relative · Market Purchase
    		Buy3,900₹3.0 L14 Jan 2026
    Abhishek Kumar
    Immediate relative · Market Sale
    		Sell1,900₹1.5 L14 Jan 2026
    Abhishek Kumar
    Immediate relative · Market Sale
    		Sell3,815₹3.0 L14 Jan 2026

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Bulk & block deals

    Large deals reported to NSE in this stock
    DateClientTypeQuantityPrice
    1 Sept 2026—Short sale41,700—

    Deals of more than 0.5% of shares (bulk), large single trades (block) and short sales, as NSE reports them.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Publication in newspapers regarding special window for transfer and dematerialization of physical shares is submitted.

    Company Update
    Disclosure Under Regulation 30 Of SEBI LODR Regulations, 2015- ESG Score

    In continuation to earlier letter dated 23.03.2026 and in compliance to Regulation 30 of SEBI LODR, intimation regarding receipt of ESG Score from M/s ESG Risk Assessments & Insights Limited ....

    Company Update
    Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

    In compliance to Regulation 30 of SEBI LODR, information regarding appointment of Joint Statutory Auditors for the FY 2026-27 by the Comptroller & Auditor General of India is submitted. ....

    Company Update
    Disclosure Regarding Change In The Status Of Material Litigation Cases Under Arbitration

    In continuation to our earlier letter dated 14.08.2023 and in compliance to Regulation 30 of SEBI LODR, disclosure regarding arbitral award pronounced by AT in the matter of M/s BGS-SGS ....

    Company Update
    Revision In ESG Score Of NHPC By S&P Global

    In compliance to Regulation 30 of SEBI LODR, revision in ESG Score of NHPC by S&P Global is submitted. The details given in the attached letter.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    In compliance to Regulation 44 of SEBI LODR, the voting result, scrutinizers report along with declaration of results of 50th AGM held on 28.08.2026 is submitted. The details given in attached letter.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    In compliance to Regulation 30 of SEBI LODR, intimation regarding participation in the Investors' Conference held on 03.09.2026 is submitted. The details given in the attached letter.

    AGM/EGMPrice-sensitive
    Proceedings Of 50Th Annual General Meeting

    In compliance to Regulation 30 of SEBI LODR, proceedings of 50th AGM held on 28.08.2026 at 11: 30 AM (IST) is submitted. The details given in the attached letter.

    Company Update
    Appointment Of Cost Auditors For The FY 2026-27

    In compliance to Regulation 30 of SEBI LODR, intimation regarding appointment of Cost Auditors of Company for FY 2026-27 is submitted. The other details is given in the attached letter.

    Company Update
    Postponement Of Final Hearing Date

    In compliance to Regulation 30 of EBI LODR, postponement of final hearing date scheduled to be held on 25.08.2026 at 11:30A.M. in the matter of scheme of amalgamation between JPCL and NHPC ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    In continuation to our earlier letter dated 07.08.2026, intimation regarding publication of notice in various newspapers in respect of hearing date in the matter of scheme of amalgamation ....

    Company Update
    Intimation For The Date Of Hearing In The Matter Of Scheme Of Amalgamation Between Jalpower Corporation Limited And NHPC Limited

    In continuation to our earlier letter dated 29.09.2025 and in compliance to Regulation 30 of SEBI LODR, it is to inform that MCA has fixed 25.08.2026 as hearing date in the matter of scheme ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    In compliance to Regulation 30 of SEBI LODR, newspaper advertisement published on 06.08.2026 for 50th AGM is submitted.

    Company Update
    Presentation On Unaudited Financial Results For The Quarter Ended On June 30, 2026

    Presentation on unaudited financial results for the quarter ended on June 30, 2026 is submitted.

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    In compliance with Regulation 34(2)(f) of SEBI LODR, the BRSR for FY 2025-26 is submitted. The other details are given in the attached letter.

    Filed with BSE (scrip 533098); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback - Post Public Announcement

      NHPC Limited - Post Public Announcement

      28 Jan 2019
      Read on SEBI
    • Buyback - Letter of Offer

      NHPC Limited - Letter of Offer

      21 Dec 2018
      Read on SEBI
    • Buyback - Draft Letter of Offer

      NHPC Limited - Draft Letter of Offer

      29 Nov 2018
      Read on SEBI
    • Buyback - Letter of Offer

      NHPC Limited - Letter of Offer

      3 Mar 2017
      Read on SEBI
    • Buyback - Draft Letter of Offer

      NHPC Limited - Draft Letter of Offer

      7 Nov 2013
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 7 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.