NTPC

    NTPC
    Energy
    ₹300.00
    Price as of 26 Oct 2026, 4:52 pm IST

    Market cap ₹2.91 L Cr

    P/E
    10.48
    Day range
    ₹294.10 – ₹301.40
    52-week range
    ₹292.05 – ₹414.40
    Volume
    62.15 L
    Open
    ₹297.75
    Prev close
    ₹298.00

    Latest results · Q1 FY27(consolidated)Revenue ₹50,741 Cr+7.8%Profit ₹6,896 Cr+12.9%Margin 13.6%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    NTPC in NSE indices and F&O

    F&O margin for one lot of NTPC (1,500 shares)

    Research profile

    Composite 59 / 100

    Factor percentiles

    Value81
    Quality38
    Momentum31
    Low volatility86

    Derived metrics

    Earn. yield
    9.5%
    Graham no.
    ₹369.19
    vs Graham
    +23.1%
    ROE ÷ P/B
    10.0%
    12-1 mom.
    -2.6%
    Return / vol
    -0.61
    Magic Formula
    #272
    Piotroski
    2/6
    FCF yield
    2.4%
    PEG
    0.30

    Appears in 19 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
    Largest Energy companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Reliance IndustriesRELIANCE₹16.26 L Cr21.761.7811.0%10.0%15.0%0.45+27.0%
    Adani PowerADANIPOWER₹3.60 L Cr19.744.5721.4%17.0%42.0%0.82+44.5%
    NTPCNTPC₹2.91 L Cr10.481.4214.2%9.0%32.0%1.33+7.8%
    Oil & Natural Gas CorpONGC₹2.87 L Cr6.600.7713.9%14.0%8.0%0.47+25.7%
    Coal IndiaCOALINDIA₹2.50 L Cr8.002.0628.1%35.0%26.0%0.12+7.8%
    Power Grid CorpPOWERGRID₹2.30 L Cr14.442.2916.5%9.0%82.0%1.47+2.7%
    Adani Green EnergyADANIGREEN₹2.06 L Cr113.649.0512.4%7.0%89.0%5.48+41.6%
    Indian Oil CorpIOC₹1.85 L Cr5.280.8321.5%19.0%1.5%0.60+38.5%
    Sector median₹37,958 Cr17.781.8913.8%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 10d ago

    Headlines about NTPC 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)
    10.5
    EPS (TTM)
    ₹28.64
    Price / Book
    1.43
    ROE (FY26)
    14.2%
    ROCE (latest year)
    9%
    Dividend yield
    3.00%

    Moving averages (NSE)

    20-day
    ₹314.72
    Price below
    50-day
    ₹325.7
    Price below
    200-day
    ₹356.6
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +2.1%
    Profit 3Y CAGR
    +17.2%
    Revenue YoY (Jun 2026)
    +7.8%
    Profit YoY (Jun 2026)
    +12.9%
    Operating margin
    32.0%
    Net margin
    13.6%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr20K Cr40K Cr60K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%20%40%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • 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 2026-50K Cr-25K Cr0 Cr25K Cr50K Cr75K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr1L Cr2L Cr3L Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x1x2x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY21FY22FY23FY24FY25FY26FY27₹0₹2.5₹5₹7.5₹10

    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
    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 Rs₹4.76₹5.32₹6.36₹5.65₹5.44₹5.22₹7.85₹6.20₹5.23₹5.66₹10.81₹6.93

    From company filings, updated 27 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days71

    -21 days since Mar 2021

    Cash Conversion Cycle71

    -21 days since Mar 2021

    Working Capital Days-54

    +7 days since Mar 2021

    Strengths, risks & growth

    NTPC (National Thermal Power Corporation) Ltd along with its subsidiaries/ associates & JVs is primarily involved in generation and sale of bulk power to State power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration and coal mining. [1]

    Strengths

    • Company has been maintaining a healthy dividend payout of 34.3%

    Risks

    • The company has delivered a poor sales growth of 10.9% over past five years.
    • Tax rate seems low
    • Company might be capitalizing the interest cost

    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
    +9%
    5 Years
    +17%
    3 Years
    +8%
    1 Year
    -12%

    Return on Equity

    10 Years
    +13%
    5 Years
    +14%
    3 Years
    +14%
    Last Year
    +15%

    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
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter51.10%51.10%51.10%51.10%0.00 pp
    FII16.24%16.54%16.30%15.79%-0.51 pp
    DII29.19%29.13%29.44%29.86%+0.42 pp
    Government0.12%0.12%0.00%0.00%0.00 pp
    Public3.34%3.10%3.14%3.23%+0.09 pp

    Filed with NSE for Sept 2026: promoters 51.10%, public 48.90% · XBRL filing

    Analysts & fund holdings

    96%
    96% recommend buy
    28 analysts cover the stock
    Valuation vs Independent Power and Renewable Electricity Producers
    P/E10.5 vs 24.7
    Sector P/B2.72
    Beta0.84

    Who holds the shares, quarter by quarter

    Mutual funds 16.95% (-0.45 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters51.1%
    • Foreign institutions15.8%
    • Mutual funds16.9%
    • Insurance9.5%
    • Other domestic institutions3.3%
    • Retail2.4%
    • Others1.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Balanced Advantage Fund0.67%2.00%-0.13 pp
    ICICI Pru Aggressive Hybrid Fund0.57%3.31%-0.29 pp
    ICICI Pru Large Cap Fund0.54%2.07%-0.04 pp
    ICICI Pru Value Fund0.39%2.09%-0.11 pp
    ICICI Pru Multi Asset Allocation Fund0.39%1.41%-0.05 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.

    Computed

    Risk

    Volatility (1Y)
    18.9%
    Downside volatility
    19.1%
    Worst 5% of days
    2.1%
    Average of that tail
    2.4%
    Max drawdown (1Y)
    27.4%
    Below its peak
    27.4%

    Against the market

    Beta vs Nifty 50
    0.55
    Correlation
    0.39
    Relative strength (3M)
    -9.2%
    ATR (14)
    2.2%

    Return

    Return 1M
    -9.1%
    Return 3M
    -14.5%
    Return 6M
    -26.5%
    Return 1Y
    -11.5%
    vs 200-day average
    -16.4%

    Momentum

    RSI (14) · oversold
    26.2
    MACD histogram
    -1.10
    Stochastic %K
    18.4
    ADX (14)
    46.8
    +DI / −DI
    7.6 / 35.8
    Money flow index
    44.6

    Participation

    Delivery (20d avg)
    61.6%
    vs its 60-day baseline
    +0.7 pts
    Volume vs 20-day
    -0.0σ
    Close vs day's VWAP
    +0.9%
    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.

    Computed

    Piotroski F-Score

    2 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 — failed
    Free cash flow
    ₹6,852 Cr
    FCF yield
    2.4%
    Cash conversion
    1.85
    Accruals ratio
    -0.042
    Net debt
    ₹2.68 L Cr
    Net debt / equity
    1.32
    EV / sales
    2.91
    PEG
    0.30
    Capex intensity
    23.5%
    Revenue CAGR
    -0.3%
    Profit CAGR
    34.4%

    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.

    Model simulation

    30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.

    Research
    Research output, not advice. Model output for research only. Not investment advice, not a price target, and not a prediction of actual returns. Generated by a statistical model from past prices; past patterns do not determine future prices.

    Lower edge (10th percentile)

    ₹327.07

    +9.8%

    Upper edge (90th percentile)

    ₹338.94

    +13.7%

    The marker is the last close, ₹298. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹332.26 (+11.5%), which is the centre of the simulation and not an expected or target price.

    The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.

    Corporate actions

    • dividend
      ₹3.50

      Dividend - Rs 3.50 Per Share

      2 Sept 2026
      ex-date
    • dividend
      ₹2.75

      Interim Dividend - Rs 2.75 Per Share

      6 Feb 2026
      ex-date
    • dividend
      ₹2.75

      Interim Dividend - Rs 2.75 Per Share

      7 Nov 2025
      ex-date
    • dividend
      ₹3.35

      Dividend - Rs 3.35 Per Share

      4 Sept 2025
      ex-date
    • dividend
      ₹2.50

      Interim Dividend - Rs 2.50 Per Share

      31 Jan 2025
      ex-date
    • dividend
      ₹2.50

      Interim Dividend - Rs 2.50 Per Share

      31 Oct 2024
      ex-date
    • dividend
      ₹3.25

      Dividend - Rs 3.25 Per Share

      7 Aug 2024
      ex-date
    • dividend
      ₹2.25

      Interim Dividend - Rs 2.25 Per Share

      6 Feb 2024
      ex-date
    • dividend
      ₹2.25

      Interim Dividend - Rs 2.25 Per Share

      3 Nov 2023
      ex-date
    • dividend
      ₹3.00

      Dividend - Rs 3 Per Share

      11 Aug 2023
      ex-date
    • dividend
      ₹4.25

      Interim Dividend - Rs 4.25 Per Share

      3 Feb 2023
      ex-date
    • dividend
      ₹3.00

      Dividend - Rs 3 Per Share

      10 Aug 2022
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      3 Feb 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Sept 2021
      ex-date
    • dividend
      ₹3.15

      Dividend - Rs 3.15 Per Share

      8 Sept 2021
      ex-date
    • dividend
      ₹3.00

      Interim Dividend - Rs 3 Per Share

      11 Feb 2021
      ex-date
    • other
      Not available — not reported in this filing

      Buy-Back

      12 Nov 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      16 Sept 2020
      ex-date
    • dividend
      ₹2.65

      Dividend - Rs 2.65 Per Share

      13 Aug 2020
      ex-date
    • dividend
      ₹0.50

      Interim Dividend - Rs 0.50 Per Hsare

      26 Mar 2020
      ex-date
    • dividend
      ₹2.50

      Dividend - Rs 2.50 Per Share

      13 Aug 2019
      ex-date

    Company announcements

    Company Update
    Appointment Of Shri Diwakar Nath Misra, Additional Secretary, Ministry Of Power As Govt. Nominee Director On The Board Of The Company.

    Disclosure attached.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Disclosure attcahed.

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 is enclosed.

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

    Disclosure attached.

    Company Update
    Declaration Of Commercial Operation Of Fourth Part Capacity Of 66.18 MW Of Kalasar Solar Energy Project, Bikaner, Rajasthan, Out Of 650 MW Of Solar Component Under 500 MW REMCL RTC Project Of NTPC Renewable Energy Limited.

    Disclosure attached.

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

    Disclosure attached.

    Company Update
    Announcement under Regulation 30 (LODR)-Cessation

    Disclosure attached.

    Company Update
    Declaration Of Commercial Operation Of Fourth Part Capacity Of 50 MW Solar Capacity Out Of Cumulative 300 MW Solar Component, As Part Of 200 MW RE Round The Clock (RTC) Project Capacity Located In Rajasthan By A Group Company Of NGEL.

    Disclosure attached.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Disclosure attached.

    Company Update
    Declaration Of Commercial Operation Of Second And The Third Part Capacity Of 73.06 MW And 80.88 MW, Respectively, Of Kalasar Solar Energy Project, Bikaner, Rajasthan Of NTPC Renewable Energy Limited, A Stepdown Subsidiary Of NTPC Limited Through NGEL.

    Disclosure attached.

    Company Update
    Declaration Of Commercial Operation Of First Part Capacity Of 81.34 MW Of Kalasar Solar Energy Project At Bikaner, Rajasthan Out Of 650 MW Of Solar Component Under 500 MW REMCL RTC Project Of NTPC Renewable Energy Limited, A Stepdown Subsidiary Of NTPC Limited Through NGEL.

    Disclosure attached.

    Insider Trading / SAST
    Closure of Trading Window

    Trading window of the Company shall remain closed from 1st October 2026 till 48 hours after the declaration of Financial Results for the quarter ending 30th September 2026.

    Company Update
    Intimation Of ESG Rating By CRISIL ESG Ratings & Analytics Limited

    Disclosure attached.

    Company Update
    Declaration Of Commercial Operation Of Projects Of NTPC Renewable Energy Limited, A Stepdown Subsidiary Of NTPC Limited Through NGEL.

    Disclosure attached.

    Company Update
    Declaration Of Commercial Operation Of Projects Of NTPC Renewable Energy Limited, A Stepdown Subsidiary Of NTPC Limited Through NGEL.

    Disclosure attached.

    Filed with BSE (scrip 532555); 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 Buyback PA

      NTPC Ltd - Post Buyback PA

      31 Dec 2020
      Read on SEBI
    • Buyback - Dispatch Advertisement

      NTPC Ltd. - Dispatch Advertisement

      4 Dec 2020
      Read on SEBI
    • Buyback - Letter of Offer

      NTPC Ltd - Letter of Offer

      27 Nov 2020
      Read on SEBI
    • Buyback - Draft Letter of Offer

      NTPC Ltd - Draft Letter of Offer

      10 Nov 2020
      Read on SEBI
    • Buyback - Public Announcement

      NTPC Ltd - Public Announcement

      4 Nov 2020
      Read on SEBI

    Regulatory orders

    • Order

      Order in the matter of “NTPC Limited”

      23 Oct 2020
      Read on SEBI
    • Adjudication order

      Adjudication Order in the matter of NTPC Limited

      8 Oct 2008
      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 25 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    NTPC: common questions

    Answered from the figures on this page.

    NTPC last traded at ₹300.00 (NSE, as of 26 Oct 2026). The last session moved it up 0.67%.

    NTPC is valued at about ₹2.91 lakh crore (NSE, as of 26 Oct 2026).

    NTPC trades at a price-to-earnings ratio of 10.48 (NSE, as of 26 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    NTPC has traded between ₹292.05 and ₹414.40 over the past 52 weeks, to 26 Oct 2026. It is currently 6% of the way up that range.

    NTPC (NTPC) is classified under Energy on this site's screener.