NTPC

    NTPC
    Energy
    ₹333.40
    price as of 11/9/2026, 5:27:54 pm

    Market cap ₹3.23 L Cr

    P/E
    10.20
    Day range
    ₹331.60 – ₹336.25
    52-week range
    ₹315.55 – ₹414.40
    Volume
    49.66 L
    Open
    ₹333.00
    Prev close
    ₹335.00
    Promoters pledged 1.1% of their shares
    52-week range, adjusted for splits and bonuses
    ₹315.55₹414.4
    9 Dec 202527 Apr 2026
    Index membership & F&O
    NIFTY 50NIFTY 100NIFTY 200NIFTY 500NIFTY ENERGYF&O lot 1,500

    Price history

    6M change -12.24%RSI (14) 44.6 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 69.0% today vs 60.0% average · BSE close ₹333.3

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹325₹350₹375₹400₹4250%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

    Long unwinding
    Near-month future
    ₹333.5
    Change
    -0.34%
    Basis over spot
    +₹0.10
    Futures OI (shares)
    11.75 Cr
    OI change
    -1.49%
    Put-call ratio
    0.44
    Max pain
    ₹335
    Resistance (call OI)
    ₹340
    Support (put OI)
    ₹340
    Lot size
    1,500

    Open interest by strike

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

    280295305315325335345355365375385400025.0 L50.0 L75.0 L1.00 Crspot
    • 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)
    11.7
    EPS (TTM)
    ₹28.64
    ROE (FY26)
    14.2%
    ROCE (latest year)
    9%
    Dividend yield
    2.69%

    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

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

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr15.0K Cr30.0K Cr45.0K Cr60.0K Cr0%8%16%24%32%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public

    Cash flows

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

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-60.0KCr-30.0KCr0 Cr30.0K Cr60.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%4%8%12%16%15%

    Equity vs debt

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

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr70.0K Cr1.4L Cr2.1L Cr2.8L Cr0.0x0.5x0.9x1.4x1.8x
    • 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
    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 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    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
    +10%
    5 Years
    +24%
    3 Years
    +12%
    1 Year
    +1%

    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
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter51.10%51.10%51.10%51.10%0.00 pp
    FII16.40%16.24%16.54%16.30%-0.24 pp
    DII28.93%29.19%29.13%29.44%+0.31 pp
    Government0.12%0.12%0.12%0.00%-0.12 pp
    Public3.45%3.34%3.10%3.14%+0.04 pp

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

    Analysts & fund holdings

    97%
    97% recommend buy
    29 analysts cover the stock
    Valuation vs Independent Power and Renewable Electricity Producers
    P/E10.2 vs 26.3
    Sector P/B2.93
    Beta0.92

    Who holds the shares, quarter by quarter

    Mutual funds 17.40% (-0.43 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters51.1%
    • Foreign institutions16.3%
    • Mutual funds17.4%
    • Insurance8.8%
    • Other domestic institutions3.1%
    • Retail2.3%
    • Others0.9%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Balanced Advantage Fund0.63%1.94%-0.19 pp
    ICICI Pru Aggressive Hybrid Fund0.52%3.24%-0.36 pp
    ICICI Pru Large Cap Fund0.49%2.00%-0.11 pp
    ICICI Pru Value Fund0.37%2.02%-0.18 pp
    ICICI Pru Multi Asset Allocation Fund0.36%1.37%-0.09 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.

    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

    Bulk & block deals

    Large deals reported to NSE in this stock
    DateClientTypeQuantityPrice
    12 Sept 2025—Short sale111—

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

    Company announcements

    Company Update
    Appointment Of Statutory/Joint Statutory Auditors By C&AG For Financial Year 2026-27

    Disclosure attached.

    Company Update
    Intimation Of ESG Rating By ESG Risk Assessments And Insights Limited

    Disclosure attached.

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

    Intimation regarding change in Senior Management- Cessation

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

    Voting results of 50th Annual General Meeting of NTPC Limited

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Proceedings of the 50th Annual General Meeting of the Company held on 27th August 2026.

    Company Update
    Imposition Of Fine By BSE & NSE For The Quarter Ended 30Th June 2026

    Disclosure attached.

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

    Newspaper publication regarding special window for transfer and dematerialisation of physical securities of NTPC Limited

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

    Newspaper publication regarding 50th Annual General Meeting of NTPC Limited

    Others
    Reg. 34 (1) Annual Report.

    The integrated Annual Report of NTPC Limited is attached herewith.

    AGM/EGMPrice-sensitive
    Notice Of The 50Th Annual General Meeting Of NTPC Limited

    Notice of the 50th Annual General Meeting of NTPC Limited is attached herewith.

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Disclosure attached

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

    Transcript of the 22nd Annual Analysts and Institutional Investors Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Cessation

    Cessation of Senior Management

    Company Update
    Declaration Of COD Of Third Part Capacity Of 50 MW Solar Capacity Out Of Cumulative 150 MW Solar Component, As Part Of 100 MW RE Round The Clock (RTC) Project Capacity Located In Rajasthan, By A Group Company Of NGEL

    Disclosure attached.

    Company Update
    Intimation Regarding Extension Of Tenure Of The Chairman & Managing Director Of NTPC Limited

    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 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.