NTPC Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.1%)
- Attractively valued vs sector (P/E 10.4x vs industry 44.5x)
- Regular dividends — yield 3%
- Near 52-week low — potential value zone (₹292)
Concerns
Today's Price Action
The stock closed at ₹303.75, unchanged from the previous session, and the price has held steady for several sessions, indicating little intraday volatility. Trading volume matched the 20‑day average at 74,81,801 shares, confirming that liquidity remains consistent with recent patterns. With the price hovering around a flat‑line level, market participants appear to be awaiting a catalyst before initiating sizable moves.
Valuation Snapshot
NTPC trades at a trailing twelve‑month P/E of 10.4, while the power sector median P/E is shown as 0, making direct sector comparison unavailable but suggesting that the stock is priced on the lower side of historical earnings multiples. The company’s price‑to‑book ratio stands at 0.0 and a return on equity of 15.1%, indicating a respectable profit generation capability relative to its book capital and a healthy earnings yield.
Key Levels to Watch
The current price sits near the lower end of the 52‑week range, with the 52‑week low at ₹292 and the high at ₹414, providing a clear reference zone for potential support and resistance. Open‑interest data are not disclosed, so technical traders must rely on the historical range and volume‑weighted average price levels to gauge forthcoming price reactions.
Chart Pattern
Two bullish candlesticks have appeared in the last ten trading days on the daily chart: an inverted hammer observed two sessions ago and a hammer recorded seven sessions ago, both formations typically signaling short‑term reversal pressure after a downtrend. Their occurrence on the same timeframe reinforces the notion of accumulating buying interest at the current price level.
Data Summary
Key metrics include a flat price at ₹303.75, a P/E of 10.4, and an ROE of 15.1%, all of which reflect a stable earnings environment. Volume remains consistent with the 20‑day average of 74,81,801 shares, and the stock continues to trade within the ₹292‑₹414 52‑week corridor, defining its recent trading bounds.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPOWER Adani Power Limited | ₹185 | ₹3.5L Cr | 19.3 | 4.64 | 21.1 | 17.2 | 0.82 |
| POWERGRID Power Grid Corporation of India Limited | ₹251 | ₹2.3L Cr | 14.5 | 2.33 | 15.3 | 9.1 | 1.37 |
| ADANIGREEN Adani Green Energy Limited | ₹1,269 | ₹2.0L Cr | 99.9 | 9.69 | 11.4 | 7.39 | 5.48 |
| ADANIENSOL Adani Energy Solutions Limited | ₹1,294 | ₹1.5L Cr | 40.2 | 5.05 | 9.44 | 9.65 | 1.65 |
| TATAPOWER Tata Power Company Limited | ₹335 | ₹1.1L Cr | 28.4 | 2.7 | 10.2 | 10.5 | 1.86 |
| JSWENERGY JSW Energy Limited | ₹483 | ₹82K Cr | 41 | 2.76 | 7.51 | 8.16 | 2.37 |
| NHPC NHPC Limited | ₹74 | ₹70K Cr | 18.5 | 1.81 | 9.32 | 5.75 | 1.09 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
NTPC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 51.10% | 51.10% | 51.10% | 51.10% | 51.10% | 51.10% |
| FII | 17.05% | 17.86% | 17.68% | 18.60% | 18.20% | 17.79% |
| DII | 28.70% | 27.55% | 27.55% | 26.51% | 26.76% | 27.22% |
| Public | 3.04% | 3.37% | 3.55% | 3.68% | 3.83% | 3.77% |
| Govt | 0.10% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026 and dividend
Dividend - Rs 3.50 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026 and Fund Raising
To 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.
Interim Dividend - Rs 2.75 Per Share
Interim Dividend - Rs 2.75 Per Share
Dividend - Rs 3.35 Per Share
Interim Dividend - Rs 2.50 Per Share
Interim Dividend - Rs 2.50 Per Share
Record: 1 Nov 2024
Dividend - Rs 3.25 Per Share
Latest News
All newsNTPC appoints new Chairman and Managing Director
*NTPC appoints new Chairman and Managing Director* following a board reshuffle. The change in leadership comes amid ongoing government reforms in the power sector. The new head takes charge effective immediately, as per the NSE filing. 📊 *STOCKS:* $NTPC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #ManagementChange
NTPC Green Energy appoints new management team
*NTPC Green Energy appoints new management team.* The company has announced a change in its management structure, signaling potential strategic shifts. While no financial figures were disclosed, leadership transitions can influence project execution and investor sentiment. This move reflects NTPC's growing focus on renewable energy initiatives. 📊 *STOCKS:* $NTPGREEN | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #ManagementChange
NTPC announces change in top management
*NTPC announces change in top management*. NTPC Limited has disclosed a change in its management team through a regulatory filing. The reshuffle may impact operational strategy and investor sentiment in the near term. Specific roles and appointments will be detailed in the official announcement. 📊 *STOCKS:* $NTPC | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #ManagementChange
NTPC appoints new Chairman and Managing Director
*NTPC appoints new Chairman and Managing Director.* The appointment follows the retirement of the previous CMD. Such leadership changes in PSUs can influence strategic direction. 📊 *STOCKS:* $NTPC | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #ManagementChange
NTPC appoints new Chairman and Managing Director
*NTPC appoints new Chairman and Managing Director* following a board reshuffle. The change in leadership comes amid ongoing efforts to strengthen governance and operational focus. Such top-level appointments can influence strategic direction and investor sentiment. 📊 *STOCKS:* NTPC | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #ManagementChange
NTPC subsidiary secures 200 MW renewable energy project in Rajasthan
*NTPC subsidiary secures 200 MW renewable energy project in Rajasthan.* The capacity is part of a Round The Clock (RTC) renewable energy project awarded to a group company of NTPC Green Energy Limited (NGEL). This adds to NTPC’s growing renewable portfolio in the state. 📊 *STOCKS:* NTPC | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Renewables
NTPC commissions 153.94 MW solar capacity in Rajasthan
*NTPC commissions 153.94 MW solar capacity in Rajasthan.* The company has operationalized the second and third phases of the Kalasar Solar Energy Project in Bikaner, with capacities of **73.06 MW** and **80.88 MW**, respectively. This expansion strengthens NTPC Renewable Energy Limited’s footprint in solar energy. The project is a step-down subsidiary of NTPC Limited. 📊 *STOCKS:* NTPC | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Solar
NTPC advances renewable projects via subsidiary NGEL
*NTPC advances renewable projects via subsidiary NGEL.* The company is progressing on clean energy initiatives through NTPC Renewable Energy Limited, a stepdown subsidiary, as disclosed in a corporate filing. This move strengthens its renewable portfolio and supports long-term capacity expansion plans. 📊 *STOCKS:* $NTPC | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Renewables
NTPC commissions 50.4 MW wind power project in Gujarat
*NTPC commissions 50.4 MW wind power project in Gujarat*. NTPC Renewable Energy Limited has declared commercial operation of the first phase of its Vanki Wind Energy Project in Kutch. The **50.4 MW** capacity marks progress in NTPC’s renewable expansion plans. This boosts clean energy portfolio and supports long-term capacity targets. 📊 *STOCKS:* NTPC | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Renewables
India plans to boost coal capacity to 150 GW
*India plans to boost coal capacity to 150 GW.* This signals a major push in thermal power infrastructure amid rising energy demand. The move could benefit state-owned power and coal majors. **150 GW** target reflects long-term energy security focus. 📊 *STOCKS:* NTPC, COALINDIA | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #coal
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹45.8K Cr 2.4% | ₹44.8K Cr 4.8% | ₹47.1K Cr 5.6% | ₹49.8K Cr 10.6% | ₹45.1K Cr 0.8% | ₹44.7K Cr 7.9% | ₹48.5K Cr 1.9% | ₹47.6K Cr |
| Op. Profit | ₹14.6K Cr 13.7% | ₹12.8K Cr 1.9% | ₹12.6K Cr 14.7% | ₹14.8K Cr 10.6% | ₹13.3K Cr 14.4% | ₹11.7K Cr 13.2% | ₹13.4K Cr 3.9% | ₹14.0K Cr |
| OPM | 32.0% 10.3% | 29.0% 7.4% | 27.0% 10.0% | 30.0% 0.0% | 30.0% 15.4% | 26.0% 7.1% | 28.0% 3.4% | 29.0% |
| Net Profit | ₹5.6K Cr 7.1% | ₹5.2K Cr 14.5% | ₹6.1K Cr 22.7% | ₹7.9K Cr 52.7% | ₹5.2K Cr 3.9% | ₹5.4K Cr 2.3% | ₹5.5K Cr 15.2% | ₹6.5K Cr |
| EPS (₹) | 5.66 8.2% | 5.23 15.6% | 6.2 21.0% | 7.85 50.4% | 5.22 4.0% | 5.44 3.7% | 5.65 11.2% | 6.36 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.9L Cr 0.4% | ₹1.9L Cr 5.4% | ₹1.8L Cr 1.3% | ₹1.8L Cr 32.8% | ₹1.3L Cr 19.0% | ₹1.1L Cr 1.9% | ₹1.1L Cr 9.2% | ₹1.0L Cr 13.9% | ₹88.1K Cr 7.4% | ₹82.0K Cr |
| Expenses | ₹1.3L Cr 1.4% | ₹1.3L Cr 5.3% | ₹1.3L Cr 1.2% | ₹1.3L Cr 39.3% | ₹92.3K Cr 19.1% | ₹77.5K Cr 0.5% | ₹77.9K Cr 0.4% | ₹77.6K Cr 18.3% | ₹65.6K Cr 8.5% | ₹60.4K Cr |
| Op. Profit | ₹55.4K Cr 2.0% | ₹54.4K Cr 5.6% | ₹51.5K Cr 8.1% | ₹47.6K Cr 17.9% | ₹40.4K Cr 18.6% | ₹34.0K Cr 7.8% | ₹31.6K Cr 39.1% | ₹22.7K Cr 1.0% | ₹22.5K Cr 4.1% | ₹21.6K Cr |
| OPM | 30.0% 3.4% | 29.0% 0.0% | 29.0% 7.4% | 27.0% 10.0% | 30.0% 3.2% | 31.0% 6.9% | 29.0% 26.1% | 23.0% 11.5% | 26.0% 0.0% | 26.0% |
| Other Income | ₹2.7K Cr 68.8% | ₹8.5K Cr 64.7% | ₹5.2K Cr 102.1% | ₹2.6K Cr 46.7% | ₹4.8K Cr 4.2% | ₹5.0K Cr 38.8% | ₹8.2K Cr 191.3% | ₹2.8K Cr 49.5% | ₹5.6K Cr 250.3% | ₹1.6K Cr |
| Interest | ₹13.8K Cr 3.9% | ₹13.3K Cr 8.0% | ₹12.3K Cr 7.5% | ₹11.4K Cr 22.1% | ₹9.4K Cr 1.6% | ₹9.2K Cr 12.6% | ₹8.2K Cr 46.1% | ₹5.6K Cr 26.0% | ₹4.4K Cr 18.5% | ₹3.8K Cr |
| Depreciation | ₹19.6K Cr 12.8% | ₹17.4K Cr 7.4% | ₹16.2K Cr 9.5% | ₹14.8K Cr 7.3% | ₹13.8K Cr 10.7% | ₹12.4K Cr 20.2% | ₹10.4K Cr 19.5% | ₹8.7K Cr 16.2% | ₹7.5K Cr 24.1% | ₹6.0K Cr |
| PBT | ₹24.7K Cr 23.4% | ₹32.2K Cr 14.4% | ₹28.1K Cr 17.7% | ₹23.9K Cr 8.7% | ₹22.0K Cr 26.5% | ₹17.4K Cr 18.2% | ₹21.3K Cr 88.8% | ₹11.3K Cr 30.3% | ₹16.2K Cr 20.3% | ₹13.4K Cr |
| Tax % | -12.0% 146.2% | 26.0% 8.3% | 24.0% 14.3% | 28.0% 21.7% | 23.0% 64.3% | 14.0% 68.2% | 44.0% 276.0% | -25.0% 171.4% | 35.0% 75.0% | 20.0% |
| Net Profit | ₹27.5K Cr 15.0% | ₹24.0K Cr 12.3% | ₹21.3K Cr 24.6% | ₹17.1K Cr 0.9% | ₹17.0K Cr 13.3% | ₹15.0K Cr 25.8% | ₹11.9K Cr 15.2% | ₹14.0K Cr 33.6% | ₹10.5K Cr 2.0% | ₹10.7K Cr |
| EPS (₹) | 27.9 15.5% | 24.16 12.6% | 21.46 23.1% | 17.44 1.4% | 17.2 14.0% | 15.09 28.8% | 11.72 15.6% | 13.88 30.2% | 10.66 1.6% | 10.83 |
| Div Payout | 32.0% 8.6% | 35.0% 2.8% | 36.0% 14.3% | 42.0% 2.4% | 41.0% 0.0% | 41.0% 51.9% | 27.0% 38.6% | 44.0% 10.0% | 40.0% 8.1% | 37.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹9.7K Cr 0.0% | ₹9.7K Cr 0.0% | ₹9.7K Cr 0.0% | ₹9.7K Cr 0.0% | ₹9.7K Cr 0.0% | ₹9.7K Cr 2.0% | ₹9.9K Cr 0.0% | ₹9.9K Cr 20.0% | ₹8.2K Cr 0.0% | ₹8.2K Cr |
| Reserves | ₹1.8L Cr 4.6% | ₹1.7L Cr 15.5% | ₹1.5L Cr 10.0% | ₹1.4L Cr 9.3% | ₹1.3L Cr 8.3% | ₹1.2L Cr 6.5% | ₹1.1L Cr 7.4% | ₹1.0L Cr 6.4% | ₹95.3K Cr 6.4% | ₹89.6K Cr |
| Borrowings | ₹2.5L Cr 1.9% | ₹2.5L Cr 5.5% | ₹2.4L Cr 6.4% | ₹2.2L Cr 5.8% | ₹2.1L Cr 0.2% | ₹2.1L Cr 4.8% | ₹2.0L Cr 15.9% | ₹1.7L Cr 33.1% | ₹1.3L Cr 14.3% | ₹1.1L Cr |
| Other Liabilities | ₹91.8K Cr 2.4% | ₹89.6K Cr 10.0% | ₹81.4K Cr 5.4% | ₹77.3K Cr 10.8% | ₹69.8K Cr 12.4% | ₹62.1K Cr 6.7% | ₹58.2K Cr 6.9% | ₹62.5K Cr 27.9% | ₹48.9K Cr 32.1% | ₹37.0K Cr |
| Total Liabilities | ₹5.4L Cr 2.9% | ₹5.2L Cr 9.3% | ₹4.8L Cr 7.2% | ₹4.5L Cr 7.5% | ₹4.2L Cr 4.5% | ₹4.0L Cr 5.4% | ₹3.8L Cr 8.9% | ₹3.5L Cr 22.8% | ₹2.8L Cr 13.6% | ₹2.5L Cr |
Assets | ||||||||||
| Fixed Assets | ₹3.0L Cr 8.8% | ₹2.7L Cr 4.8% | ₹2.6L Cr 7.7% | ₹2.4L Cr 6.9% | ₹2.2L Cr 10.7% | ₹2.0L Cr 8.2% | ₹1.9L Cr 24.4% | ₹1.5L Cr 17.7% | ₹1.3L Cr 22.7% | ₹1.0L Cr |
| CWIP | ₹88.6K Cr 12.1% | ₹1.0L Cr 15.1% | ₹87.7K Cr 1.7% | ₹89.2K Cr 2.1% | ₹91.1K Cr 6.5% | ₹97.5K Cr 1.0% | ₹98.5K Cr 16.8% | ₹1.2L Cr 42.0% | ₹83.4K Cr 4.0% | ₹86.9K Cr |
| Investments | ₹20.2K Cr 2.3% | ₹19.7K Cr 24.0% | ₹15.9K Cr 14.0% | ₹13.9K Cr 31.1% | ₹10.6K Cr 0.3% | ₹10.6K Cr 13.8% | ₹9.3K Cr 14.4% | ₹8.1K Cr 8.4% | ₹8.9K Cr 16.6% | ₹7.6K Cr |
| Other Assets | ₹1.3L Cr 2.2% | ₹1.3L Cr 12.8% | ₹1.2L Cr 12.7% | ₹1.0L Cr 16.3% | ₹89.2K Cr 2.9% | ₹86.7K Cr 5.6% | ₹82.1K Cr 18.2% | ₹69.4K Cr 12.0% | ₹62.0K Cr 25.1% | ₹49.6K Cr |
| Total Assets | ₹5.4L Cr 2.9% | ₹5.2L Cr 9.3% | ₹4.8L Cr 7.2% | ₹4.5L Cr 7.5% | ₹4.2L Cr 4.5% | ₹4.0L Cr 5.4% | ₹3.8L Cr 8.9% | ₹3.5L Cr 22.8% | ₹2.8L Cr 13.6% | ₹2.5L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹50.5K Cr 25.9% | ₹40.1K Cr 15.0% | ₹47.2K Cr 12.8% | ₹41.8K Cr 28.8% | ₹32.4K Cr 32.0% | ₹24.6K Cr 31.6% | ₹18.7K Cr 5.0% | ₹19.7K Cr 2.5% | ₹20.2K Cr 16.4% | ₹24.1K Cr |
| Investing CF | ₹-45.9K Cr 45.8% | ₹-31.5K Cr 20.3% | ₹-26.1K Cr 14.2% | ₹-22.9K Cr 8.8% | ₹-21.0K Cr 30.6% | ₹-30.3K Cr 26.0% | ₹-24.1K Cr 16.4% | ₹-20.7K Cr 15.5% | ₹-24.5K Cr 27.8% | ₹-19.2K Cr |
| Financing CF | ₹-4.1K Cr 50.6% | ₹-8.2K Cr 61.1% | ₹-21.2K Cr 10.7% | ₹-19.2K Cr 73.5% | ₹-11.0K Cr 284.0% | ₹6.0K Cr 21.9% | ₹4.9K Cr 379.3% | ₹1.0K Cr 67.2% | ₹3.1K Cr 180.5% | ₹-3.9K Cr |
| Net Cash Flow | ₹563 Cr 41.5% | ₹398 Cr 289.5% | ₹-210 Cr 23.4% | ₹-274 Cr 176.1% | ₹360 Cr 35.3% | ₹266 Cr 159.0% | ₹-451 Cr 2473.7% | ₹19 Cr 101.6% | ₹-1.2K Cr 210.5% | ₹1.1K Cr |
| Free Cash Flow | ₹9.4K Cr 0.8% | ₹9.4K Cr 58.3% | ₹22.4K Cr 28.5% | ₹17.5K Cr 90.5% | ₹9.2K Cr 40.5% | ₹6.5K Cr 329.5% | ₹-2.8K Cr 411.6% | ₹912 Cr 121.9% | ₹-4.2K Cr 233.8% | ₹3.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67d 1.5% | 68d 9.7% | 62d 19.5% | 77d 16.3% | 92d 35.3% | 68d 51.1% | 45d 21.6% | 37d 7.5% | 40d 2.4% | 41d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 67d 1.5% | 68d 9.7% | 62d 19.5% | 77d 16.3% | 92d 35.3% | 68d 51.1% | 45d 21.6% | 37d 7.5% | 40d 2.4% | 41d |
| Working Capital Days | -37d 17.8% | -45d 4.7% | -43d 30.6% | -62d 1.6% | -61d 74.3% | -35d 67.0% | -106d 140.9% | -44d 15.4% | -52d 33.3% | -39d |
| ROCE | 11.0% 10.0% | 10.0% 0.0% | 10.0% 11.1% | 9.0% 0.0% | 9.0% 10.0% | 10.0% 42.9% | 7.0% 22.2% | 9.0% 0.0% | 9.0% 28.6% | 7.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About NTPC Limited
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]
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