NHPC · NHPC Ltd · Electric Utilities
NHPC · NHPC Ltd · Electric Utilities
As of 05 Nov close
52-week range
7.6% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹3,808 Cr
Revenue YoY
PAT YoY
-4.5%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.9
P/S (TTM)
6.3
Sector P/E
22.3
Dividend yield
+2.1%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| NHPC (this stock) | 21.6 | 1.9 | +22.5% | +6.6% | 1.26 | +2.1% |
| Adani Power | 30.1 | 6 | +24.1% | +21.9% | 0.84 | 0.0% |
| Power Grid Corporation of India | 16.8 | 2.5 | +40.4% | +18.9% | 1.47 | +3.3% |
| Adani Green Energy | 136.3 | 10.4 | +13.2% | +8.9% | 5.08 | 0.0% |
Promoter
falling 1q
FII
rising 1q
MF
6.85% (+2.93pp)
rising 2q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 03 Jun 2026 | The President of India | SELL | 60,38,47,814 | ₹4,362 Cr |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumcorporate actionthehindubusinessline.com· 04 Nov 2026, 10:05 pmQ2 Results Today Highlights: BSE, Apollo Hospitals, Sundaram Finance post higher profit in Q2; Biocon, Zydus Life profit declines
- lowthehindubusinessline.com· 04 Nov 2026, 09:28 amQ2 Results 04th Nov Live: BSE, Cummins, Zydus Lifesciences, Apollo, Lenskart, Nykaa, Aurobindo Pharma, NHPC, Dabur, Torrent Power, Biocon, Sundaram Finance, Premier Energies, Physicswallah to announce
- mediumcorporate actioneconomictimes.indiatimes.com· 04 Aug 2026, 06:18 amGovernment unveils offer for sale to dilute LIC stake
- mediumcorporate actioneconomictimes.indiatimes.com· 30 Jul 2026, 12:55 amACME Solar raises ₹3,404 crore from Power Finance Corp
- loweconomictimes.indiatimes.com· 22 Jul 2026, 09:33 amNHPC among 5 F&O stocks with a sharp rise in futures open interest - In demand
- highpromoter legaleconomictimes.indiatimes.com· 22 Jul 2026, 12:37 amSikkim tunnel collapse: 10 dead, several trapped; rescue operations on
Concalls & investor presentations
AI-generatedKey takeaway: During the earnings conference call held on May 18, 2026, NHPC Limited management reported significant growth in power generation, achieving 29,619 million units in FY’26, a 16% increase from the previous year. Revenue from operations rose by 12% to Rs. 11,615 Crore, while profit after tax (PAT) increased by 25% to Rs. 3,766 Crore. Management highlighted the commissioning of several projects, including four units of the Subansiri Lower Project and the Karnisar Solar Power Station. However, the Plant Availability Factor (PAF) decreased to 74.75% due to maintenance shutdowns. The company also discussed ongoing projects and future plans, including investments in new hydroelectric and solar projects. Management confirmed that no unpublished price-sensitive information was shared during the call.
Management emphasized growth and successful project developments.
Sourced from an exchange-filed transcript, dated 25 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings conference call held on February 6, 2026, NHPC Limited management reported significant growth in power generation, achieving 25,849 MUs in the first nine months of FY'26, a 15% increase from the previous year, attributed to the commissioning of the Parbati-II Power Station. Revenue rose to Rs. 8,800 Crore, a 10% increase, while PAT increased by 7% to Rs. 2,306 Crore. Management highlighted the commissioning of two units of the Subansiri Lower Project and the Karnisar Solar Project, emphasizing their commitment to renewable energy. They discussed ongoing projects, including the Dibang Multipurpose Project and various hydroelectric projects, with plans for future capacity additions. Management also addressed financial results, noting a decrease in finance costs and employee costs, while other expenses rose significantly. The call concluded with management expressing confidence in NHPC's future growth and project completions.
Management emphasized growth and successful project completions.
Sourced from an exchange-filed transcript, dated 12 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedNHPC Limited (NHPC) reported a 61% increase in grants-in-aid from the Indian government for downstream protection and flood moderation projects in FY2024-25. The company's short-term borrowings rose to ₹3,718.73 crore, driven by current maturities of long-term debt and demand loans. Contingent liabilities decreased by 10.74% to ₹8,270.49 crore, primarily due to settlements under the Vivad se Vishwas-II Scheme and arbitration awards. NHPC has appointed M/s Akhil Rohatgi & Co. as its Secretarial Auditor for five years. Key projects like the 2880 MW Dibang Multipurpose Project and the 500 MW Teesta-VI Hydro Project are progressing, with the latter at 66.31% completion. The company also merged Lanco Teesta Hydro Power Limited into its operations in January 2025.
- Grants-in-aid increased by 61% due to government support for downstream protection and flood moderation projects.
- Short-term borrowings rose to ₹3,718.73 crore, driven by current maturities of long-term debt and demand loans.
- Contingent liabilities decreased by 10.74% to ₹8,270.49 crore due to settlements and arbitration awards.
- M/s Akhil Rohatgi & Co. appointed as Secretarial Auditor for five years.
- Key projects like Dibang Multipurpose Project and Teesta-VI Hydro Project are progressing with significant completion rates.
Key takeaway: NHPC Limited saw increased government support and project progress, but faces risks related to contingent liabilities and project execution.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesEarlier (1-3 years ago)
The company received notices levying fines from BSE and NSE for non-compliance with SEBI LODR regulations regarding board composition and committees due to non-availability of independent directors (including women ID) during the quarters ended December 2024 and March 2025.
Older (3+ years ago)
The company received communications from BSE and NSE imposing penalties for non-compliance with SEBI LODR regulations regarding the number of Independent Directors and Board Level Committees composition up to 2021.
Default / Covenant Breach
1 occurrenceOlder (3+ years ago)
The company has not accounted for interest accrued on a loan to National High Power Test Laboratory (P) Limited (Joint Venture) due to significant uncertainty of realization, with impairment allowance of ₹18.82 Crore created.
Routine disclosures
Contingent Liability
2 occurrencesEarlier (1-3 years ago)
The company has recognized a regulatory deferral liability attributable to MAT credit entitlement, payable to beneficiaries in subsequent periods as per CERC Tariff Regulations.
Older (3+ years ago)
The company reported contingent liabilities of ₹10,172.34 crore as of March 31, 2023, a decrease from ₹11,120.92 crore in the previous fiscal, primarily due to provisions created against capital works.
Related-Party Transaction
1 occurrenceOlder (3+ years ago)
The company has an unsecured loan of ₹18.40 crore to NHPTL with impairment provision of ₹18.82 crore recognized due to significant uncertainty in realization.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
The company did not have the required number of Independent Directors (IDs), including a Woman ID, on its Board from 08.11.2024 to 31.03.2025, and the composition of the Audit Committee and Nomination & Remuneration Committee did not comply with SEBI LODR regulations during the same period due to non-appointment of IDs by the Government of India.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.09% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).