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NHPC Limited

NHPC Limited

NSE: NHPC
Utilities - RenewableUtilitiesLARGE CAPMCap ₹71.76k Cr
₹71.44₹-1.26 (-1.73%)

Market Closed • NSE

Market cap₹71.76k Cr
Enterprise value₹131.15k Cr
P/E TTM18.90
Forward P/E11.16
P/B1.74
EPS TTM₹3.78
Forward EPS₹6.40
D/E1.13
Dividend yield0.02%
52W high₹87.50
52W low₹70.25
Price chart(1Y)
1Y Return:-3.18% (₹2.35)
H: ₹83L: ₹70.25
1W-2.67%
1M-5.00%
3M-11.04%
6M-12.30%
1Y-17.64%
Today at a glance

Day range

₹71.44₹72.90

52 week range

₹70.25₹87.50
Volume19.50M2.29x 20D avg
Free float50.00%+128.90% volume

NHPC Limited closed at INR71.44 (-1.73%) on volume 2.29x its 20-day average, trading 18.35% below its 52-week high.

Technical analysis
RSI (14)35.8Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹1.43Moderate
SMA 20₹73.86BEARISH
SMA 50₹75.36BEARISH
SMA 100₹76.63BEARISH
SMA 200₹77.53BEARISH
CPR bottom₹72.95
Pivot₹72.87
CPR top₹72.78
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +566.4% QoQ

2026-08-12

DIVIDEND Announced

Dividend - Re 0.21 Per Sh

2026-02-10

DIVIDEND Announced

Interim Dividend - Rs 1.40 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹52.33k Cr₹71.76k Cr72.92%≤ 33%FAIL
Non-halal income ratio–₹11.62k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹118.05k Cr₹120.01k Cr98.37%≥ 20%PASS
Receivables ratio–₹120.01k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E18.9021.10
Forward P/E11.16—
P/B1.741.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield5.304.70
Growth & profitability
RevenuePAT
FY23PAT margin 37.20%
FY24PAT margin 38.90%
FY25PAT margin 29.00%
FY26PAT margin 32.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+3.50%
Revenue CAGR 5Y—
PAT CAGR 3Y-1.20%
PAT CAGR 5Y—
Operating margin46.02%
Net margin31.09%
Financial health & cash flow
Net debt₹50.37k CrModerate
Interest coverage2.30xEBIT / interest
CFO / PAT1.50x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹3.29k Cr
Capital expenditure–
Free cash flow₹-827866.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall53/100
Valuation60/100
Profitability50/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 1.5x over last 3 years

Attractive Valuation: P/E of 18.9x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Utilities - Renewable.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
12 Aug 2026DividendDividend - Re 0.21 Per Sh—12 Aug 2026
10 Feb 2026Dividend₹1.40 / share—10 Feb 2026
14 Aug 2025Dividend₹0.51 / share—14 Aug 2025
13 Feb 2025Dividend₹1.40 / share—13 Feb 2025
—Annual General MeetingAnnual General Meeting—12 Aug 2024
12 Aug 2024Dividend₹0.50 / share—12 Aug 2024
22 Feb 2024Dividend₹1.40 / share—22 Feb 2024
22 Aug 2023Dividend₹0.45 / share—22 Aug 2023
—Annual General MeetingAnnual General Meeting—22 Aug 2023
17 Feb 2023Dividend₹1.40 / share—17 Feb 2023
11 Aug 2022Dividend₹0.50 / share—10 Aug 2022
—Annual General MeetingAnnual General Meeting—10 Aug 2022
23 Feb 2022Dividend₹1.31 / share—22 Feb 2022
17 Sept 2021Dividend₹0.35 / share—16 Sept 2021
—Annual General MeetingAnnual General Meeting—16 Sept 2021
23 Feb 2021Dividend₹1.25 / share—22 Feb 2021
18 Sept 2020Dividend₹0.32 / share—17 Sept 2020
—Annual General MeetingAnnual General Meeting—17 Sept 2020
19 Feb 2020Dividend₹1.18 / share—17 Feb 2020
—Dividend₹0.75 / share—12 Sept 2019
20 Feb 2019Dividend₹0.71 / share—18 Feb 2019
30 Nov 2018BuybackBuyback—29 Nov 2018
—Dividend₹0.28 / share—12 Sept 2018
21 Feb 2018Dividend₹1.12 / share—20 Feb 2018
—Dividend₹0.10 / share—13 Sept 2017
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)55.21%+32.29% latest vs average
Highest delivery87.50%on 16 Oct
Average volume (20D)8.52MTrading-session average
Conviction trendStrengthening+32.29% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About NHPC Limited
NHPC Limited

NHPC Limited, together with its subsidiaries, engages in the generation, sale, and trading of electricity through hydro, wind, and solar power stations in India and Nepal. It also owns and operates power stations. In addition, the company offers construction, execution and maintenance, and consultancy services in the areas of design and engineering, geotechnical investigations, construction, renovation and modernization, procurement, project management and supervision, operation and maintenance of power plants, rural road projects, and rural electrification projects. It sells electricity to bulk customers, including electricity utilities owned by state governments/private distribution companies. NHPC Limited was incorporated in 1975 and is based in Faridabad, India.

IndiaUtilities

Questions investors ask
Is NHPC Limited Shariah compliant?

NHPC Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (72.92%) exceeds AAOIFI threshold (≤ 33%).

What is NHPC Limited's current valuation relative to peers?

NHPC Limited trades at a P/E of 18.9x compared to the sector median of 21.1x, and a Price-to-Book of 1.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.13x. Interest coverage is 2.3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.