NHPC enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


74,775	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
1,972	1,972	802	1,434	1,171
6,968	6,968	5,495	5,190	4,815
52,134	52,134	39,434	32,493	29,488
1,31,905	—	—	—	—
50,162	50,162	38,633	31,058	28,317
₹131.31	—	—	—	—

1,00,539	1,00,539	84,597	76,385	71,202
51.9%	51.9%	46.6%	42.5%	41.4%
0.40×	—	—	—	—

10.80×	—	—	—	—
22.79×	—	—	—	—
36.17×	—	—	—	—
12,210	11,615	10,380	9,632	10,607
5,787	5,236	5,520	4,868	6,268
3,647	3,260	4,327	3,684	5,053
—	3,294	5,026	6,938	4,692
−8,279	−8,279	−3,825	−59.6	−268
—	−8,279	−4,804	−518	−584
—	11,572	8,851	6,997	4,960

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

NHPC₹74.44

NHPC Ltd.

· Energy & Power

₹ CrorePeersSJVN NTPC JSWENERGY ADANIPOWER ADANIENSOL TATAPOWER ADANIGREEN POWERGRIDMcap ₹74,775 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	74,775.2
- Cash, Equiv & ST Investments	1,171.2	1,434.5	801.6	1,972.0	1,972.0
+ Minority Interest	4,815.1	5,190.0	5,494.9	6,967.7	6,967.7
+ Total Debt	29,487.9	32,492.7	39,434.2	52,133.9	52,133.9
Enterprise Value	—	—	—	—	1,31,904.9
Net Debt (memo)	28,316.7	31,058.2	38,632.6	50,162.0	50,162.0
EV per Share	—	—	—	—	131.31

Total Capital	71,202.4	76,385.1	84,597.2	1,00,538.8	1,00,538.8
Total Debt/Total Capital	41.41	42.54	46.61	51.85	51.85
Total Debt/EV	—	—	—	—	0.40

EV/Sales	—	—	—	—	10.80
EV/EBITDA	—	—	—	—	22.79
EV/EBIT	—	—	—	—	36.17
Reference Items — Trailing FY Values
Sales	10,607.4	9,632.2	10,379.9	11,615.3	12,209.8
EBITDA	6,268.1	4,868.3	5,519.9	5,235.9	5,786.6
EBIT	5,053.4	3,684.2	4,326.9	3,260.1	3,646.9
Operating Cash Flow	4,692.2	6,937.5	5,026.2	3,293.6	—
Free Cash Flow	-267.9	-59.6	-3,825.2	-8,278.7	-8,278.7
FCFF (free cash flow to the firm)	-584.3	-517.7	-4,804.3	-8,278.7	—
Capital Expenditure	4,960.2	6,997.1	8,851.4	11,572.3	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.