NHPC
Market cap ₹70,155 Cr
- P/E
- 18.48
- Day range
- ₹69.03 – ₹72.33
- 52-week range
- ₹69.03 – ₹87.23
- Volume
- 1.37 Cr
- Open
- ₹71.94
- Prev close
- ₹72.38
Latest results · Q1 FY27(consolidated)Revenue ₹3,808 Cr+18.5%Profit ₹1,178 Cr+4.1%Margin 30.9%YoY vs the same quarter last year
1 red flag to read up on
- medium
Promoter holding falling
61.39%, down 6.01 pts since 2025-09-30 · 30 Sept 2026
From NSE and BSE filings. A flag is a reason to read the filing, not a rating.
NHPC in NSE indices and F&O
F&O margin for one lot of NHPC (6,950 shares)Research profile
Composite 55 / 100Factor percentiles
Derived metrics
- Earn. yield
- 5.4%
- Graham no.
- ₹59.16
- vs Graham
- -15.3%
- ROE ÷ P/B
- 6.1%
- 12-1 mom.
- -11.0%
- Return / vol
- -0.78
- Magic Formula
- #399
- Piotroski
- 3/6
- FCF yield
- -11.8%
- PEG
- 0.27
Appears in 13 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 48 in Energy| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Reliance IndustriesRELIANCE | ₹16.10 L Cr | 21.55 | 1.78 | 11.0% | 10.0% | 15.0% | 0.45 | +27.0% |
| Adani PowerADANIPOWER | ₹3.51 L Cr | 19.26 | 5.49 | 21.4% | 17.0% | 42.0% | 0.84 | +34.0% |
| NTPCNTPC | ₹2.89 L Cr | 10.41 | 1.42 | 14.2% | 9.0% | 32.0% | 1.33 | +7.8% |
| Oil & Natural Gas CorpONGC | ₹2.86 L Cr | 6.58 | 0.77 | 13.9% | 14.0% | 8.0% | 0.47 | +25.7% |
| Coal IndiaCOALINDIA | ₹2.45 L Cr | 7.85 | 2.09 | 28.1% | 35.0% | 26.0% | 0.12 | +7.8% |
| Power Grid CorpPOWERGRID | ₹2.30 L Cr | 14.47 | 2.29 | 16.5% | 9.0% | 82.0% | 1.47 | +2.7% |
| Adani Green EnergyADANIGREEN | ₹1.95 L Cr | 107.74 | 9.54 | 12.4% | 7.0% | 89.0% | 5.48 | +41.6% |
| NHPCNHPC | ₹70,155 Cr | 18.48 | 1.69 | 10.4% | 6.0% | 62.0% | 1.26 | +18.5% |
| Sector median | ₹38,531 Cr | 18.14 | 1.89 | 13.8% | 11.5% | 26.0% | 0.77 | +20.7% |
Sector as classified in the tracked universe; medians use every tracked Energy company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 4d agoHeadlines about NHPC from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 18.5
- EPS (TTM)
- ₹3.77
- Price / Book
- 1.70
- ROE (FY26)
- 10.4%
- ROCE (latest year)
- 6%
- Dividend yield
- 2.31%
Moving averages (NSE)
- 20-day
- ₹72.86
- Price below
- 50-day
- ₹74.92
- Price below
- 200-day
- ₹77.35
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- DII
- FII
- Public
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | 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 | 2,931 | 2,056 | 1,887 | 2,694 | 3,052 | 2,287 | 2,347 | 3,214 | 3,365 | 2,221 | 2,816 | 3,808 |
| Expenses | 1,163 | 1,303 | 735 | 1,085 | 1,247 | 1,272 | 1,142 | 1,412 | 1,338 | 2,009 | 2,179 | 1,456 |
| Operating Profit | 1,768 | 752 | 1,152 | 1,609 | 1,805 | 1,015 | 1,205 | 1,802 | 2,027 | 212 | 637 | 2,352 |
| OPM % | 60% | 37% | 61% | 60% | 59% | 44% | 51% | 56% | 60% | 10% | 23% | 62% |
| Other Income | 261 | 587 | 623 | 431 | 454 | 365 | 265 | 413 | 448 | 1,449 | 306 | 407 |
| Interest | 116 | 133 | 365 | 244 | 308 | 649 | -12 | 261 | 278 | 310 | 574 | 606 |
| Depreciation | 295 | 296 | 299 | 296 | 285 | 297 | 315 | 436 | 441 | 457 | 642 | 600 |
| Profit before tax | 1,618 | 909 | 1,111 | 1,500 | 1,666 | 434 | 1,167 | 1,518 | 1,755 | 894 | -274 | 1,554 |
| Tax % | -5% | 31% | 46% | 27% | 36% | 24% | 21% | 26% | 31% | 64% | -666% | 24% |
| Net Profit | 1,693 | 623 | 605 | 1,102 | 1,060 | 330 | 920 | 1,131 | 1,219 | 321 | 1,549 | 1,178 |
| 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 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-111 days since Mar 2021
-111 days since Mar 2021
-133 days since Mar 2021
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
- 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.
- Promoter holding has decreased over last 3 years: -9.56%
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
- +10%
- 5 Years
- +17%
- 3 Years
- +12%
- 1 Year
- -18%
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
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 67.40% | 67.40% | 61.39% | 61.39% | 0.00 pp |
| FII | 10.39% | 10.34% | 12.29% | 13.17% | +0.88 pp |
| DII | 10.31% | 10.78% | 14.54% | 14.26% | -0.28 pp |
| Government | 1.13% | 1.13% | 1.13% | 1.13% | 0.00 pp |
| Public | 10.77% | 10.36% | 10.64% | 10.04% | -0.60 pp |
Filed with NSE for Sept 2026: promoters 61.39%, public 38.61% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 7.01% (+0.16 pp)- Promoters61.4%
- Foreign institutions13.2%
- Mutual funds7.0%
- Insurance6.8%
- Other domestic institutions0.5%
- Retail8.0%
- Others3.2%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| SBI Small Cap Fund | 1.16% | 1.95% | -0.28 pp |
| SBI Contra Fund | 0.68% | 1.08% | -0.07 pp |
| SBI Balanced Advantage Fund | 0.59% | 1.04% | -0.10 pp |
| ICICI Pru Large Cap Fund | 0.37% | 0.35% | -0.09 pp |
| HDFC Balanced Advantage Fund | 0.30% | 0.21% | -0.02 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 23.4%
- Downside volatility
- 22.3%
- Worst 5% of days
- 2.4%
- Average of that tail
- 3.2%
- Max drawdown (1Y)
- 21.2%
- Below its peak
- 21.2%
Against the market
- Beta vs Nifty 50
- 0.69
- Correlation
- 0.39
- Relative strength (3M)
- -7.7%
- ATR (14)
- 2.3%
Return
- Return 1M
- -8.1%
- Return 3M
- -13.0%
- Return 6M
- -15.5%
- Return 1Y
- -18.2%
- vs 200-day average
- -9.7%
Momentum
- RSI (14)
- 34.8
- MACD histogram
- -0.11
- Stochastic %K
- 17.0
- ADX (14)
- 31.4
- +DI / −DI
- 10.2 / 32.4
- Money flow index
- 51.4
Participation
- Delivery (20d avg)
- 53.1%
- vs its 60-day baseline
- +1.5 pts
- Volume vs 20-day
- +1.0σ
- Close vs day's VWAP
- -0.7%
- 52-week position
- 0 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
3 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — passed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — failed
- Current ratio improving — failed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — passed
- Free cash flow
- -₹8,279 Cr
- FCF yield
- -11.8%
- Cash conversion
- 0.78
- Accruals ratio
- 0.008
- Net debt
- ₹52,759 Cr
- Net debt / equity
- 1.27
- EV / sales
- 10.07
- PEG
- 0.27
- Capex intensity
- 99.6%
- Revenue CAGR
- 20.0%
- Profit CAGR
- 68.5%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Insider trades
| Person | Type | Shares | Value | Disclosed |
|---|---|---|---|---|
Abhishek Kumar Immediate relative · Market Purchase | Buy | 13,000 | ₹10.0 L | 14 Jan 2026 |
Abhishek Kumar Immediate relative · Market Sale | Sell | 7,000 | ₹5.4 L | 14 Jan 2026 |
Abhishek Kumar Immediate relative · Market Sale | Sell | 2,000 | ₹1.6 L | 14 Jan 2026 |
Abhishek Kumar Immediate relative · Market Sale | Sell | 1,900 | ₹1.5 L | 14 Jan 2026 |
Abhishek Kumar Immediate relative · Market Sale | Sell | 3,815 | ₹3.0 L | 14 Jan 2026 |
Abhishek Kumar Immediate relative · Market Sale | Sell | 3,000 | ₹2.4 L | 14 Jan 2026 |
Abhishek Kumar Immediate relative · Market Purchase | Buy | 3,900 | ₹3.0 L | 14 Jan 2026 |
Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.
Corporate actions
- dividendNot available — not reported in this filing
Dividend - Re 0.21 Per Sh
12 Aug 2026ex-date - dividend₹1.40
Interim Dividend - Rs 1.40 Per Share
10 Feb 2026ex-date - dividend₹0.51
Dividend - Rs 0.51 Per Share
14 Aug 2025ex-date - dividend₹1.40
Interim Dividend - Rs 1.4 Per Share
13 Feb 2025ex-date - dividendNot available — not reported in this filing
Dividend - Re 0.50 Per Share
12 Aug 2024ex-date - otherNot available — not reported in this filing
Annual General Meeting
12 Aug 2024ex-date - dividend₹1.40
Interim Dividend - Rs 1.40 Per Share
22 Feb 2024ex-date - dividend₹0.45
Dividend - Rs 0.45 Per Share
22 Aug 2023ex-date - otherNot available — not reported in this filing
Annual General Meeting
22 Aug 2023ex-date - dividend₹1.40
Interim Dividend - Rs 1.40 Per Share
17 Feb 2023ex-date - dividend₹0.50
Dividend - Rs 0.50 Per Share
10 Aug 2022ex-date - otherNot available — not reported in this filing
Annual General Meeting
10 Aug 2022ex-date - dividend₹1.31
Interim Dividend - Rs 1.31 Per Share
22 Feb 2022ex-date - otherNot available — not reported in this filing
Annual General Meeting
16 Sept 2021ex-date - dividend₹0.35
Dividend - Rs 0.35 Per Share
16 Sept 2021ex-date - dividend₹1.25
Interim Dividend - Rs 1.25 Per Share
22 Feb 2021ex-date - dividend₹0.32
Dividend - Rs 0.32 Per Share
17 Sept 2020ex-date - otherNot available — not reported in this filing
Annual General Meeting
17 Sept 2020ex-date - dividend₹1.18
Int Dividend - Rs 1.18 Per Share
17 Feb 2020ex-date - dividend₹0.75
Annual General Meeting/Dividend - Rs 0.75 Per Share
12 Sept 2019ex-date
Company announcements
In compliance to Regulation 30 of SEBI LODR, intimation regarding commercial operation (CoD) of Unit#5 (250 MW) of Subansiri Lower HE Project (8x250 MW), Assam/Arunachal Pradesh from 00:00 ....
In compliance to Regulation 30 of SEBI LODR, ESG Rating as received from M/s NSE Sustainability Ratings & Analytics Ltd is submitted. The details given in the attached letter.
NHPC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve the unaudited Financial Results (Standalone ....
In compliance to Regulation 74(5) of SEBI (DP) Regulations, 2018, the certificate for the quarter ended on 30th September, 2026 as received from RTA is submitted.
In compliance to Regulation 30 of SEBI LODR, change in Senior Management Personnel (one level below the Board of Directors) of NHPC Limited is submitted. The details given in the attached letter.
In compliance to Regulation 30 of SEBI LODR, Changes in Senior Management Personnel (one level below the Board of Directors) is submitted. The details are given in attached letter.
The trading window for dealing in the securities of the Company will remain closed from 01.10.2026 till 48 hours after declaration of financial results for the quarter and half year ending ....
In continuation to our earlier letter dated 21.08.2026 and in compliance to Regulation 30 of SEBI LODR, it is to inform that MCA has fixed 28.09.2026 as hearing date in the matter of scheme ....
In continuation to our earlier letter dated 03.08.2026 and in compliance to Regulation 30 of SEBI LODR, ESG rating as received from M/s Crisil ESG Ratings & Analytics Ltd is submitted. ....
In compliance to Regulation 30 of SEBI LODR, ESG Rating of 64 to NHPC Limited as received from M/s Niche Ninety Nine Capabilities and Certifications (OPC) Private Limited is submitted. ....
In compliance to Regulation 8(2) of SEBI PIT Regulations, 2015, copy of amended "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" is submitted. ....
Publication in newspapers regarding special window for transfer and dematerialization of physical shares is submitted.
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 ....
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. ....
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 ....
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 2019Read on SEBI - Buyback - Letter of Offer
NHPC Limited - Letter of Offer
21 Dec 2018Read on SEBI - Buyback - Draft Letter of Offer
NHPC Limited - Draft Letter of Offer
29 Nov 2018Read on SEBI - Buyback - Letter of Offer
NHPC Limited - Letter of Offer
3 Mar 2017Read on SEBI - Buyback - Draft Letter of Offer
NHPC Limited - Draft Letter of Offer
7 Nov 2013Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026Slides
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Sep 2025Slides
- May 2025TranscriptSlides
- Nov 2024TranscriptSlides
Credit ratings
- Rating update · 14 Jul from fitch
- Rating update · 1 Jul from icra
- Rating update · 22 May from care
- Rating update · 20 Feb from care
- Rating update · 31 Jul 2025 from fitch
- Rating update · 28 Jul 2025 from care
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 5 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
NHPC: common questions
Answered from the figures on this page.
