NTPC financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹50,741cr+7.8% on Q1 FY26
Net profit
₹6,896cr+12.9% on Q1 FY26
EBITDA margin
32.0%+5.3 pts on Q1 FY26
EPS
₹6.93+11.8% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue50,74147,065+7.8%
EBITDA16,23112,580+29.0%
EBITDA margin32.0%26.7%+5.3 pts
Profit before tax8,0115,281+51.7%
Net profit6,8966,108+12.9%
EPS₹6.93₹6.20+11.8%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹50,741 crNet profit₹6,896 crNet margin13.6%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
2,94,536————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
3,4723,4721,477913516
7,9777,9777,0524,4133,930
2,67,2582,67,2582,47,5752,35,0402,19,805
5,66,300————
1,91,0601,87,3851,88,1381,78,5011,76,207
—−0.4%+5.4%+1.3%—
58,93655,28654,12851,09347,729
30.8%29.5%28.8%28.6%27.1%
38,66035,65636,72634,88932,937
28,33427,54623,95321,33217,121
14.8%14.7%12.7%12.0%9.7%
₹28.63₹27.90₹24.16₹21.46₹17.44
—+15.5%+12.5%+23.1%—
—50,90250,43640,78540,052
—−44,050−41,283−30,816−24,819
6,8526,8529,1539,96915,233
Open the chart

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

NTPC₹303.75

NTPC Ltd.

· Energy & Power
₹ CrorePeersPOWERGRIDTATAPOWERJSWENERGYADANIGREENADANIENSOLADANIPOWERNHPCCLEANMAXMcap ₹2.95L Cr
HighlightsEnterprise ValueMultiplesPer 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————2,94,536.4
- Cash, Equiv & ST Investments515.7913.31,476.63,471.63,471.6
+ Minority Interest3,930.54,413.07,051.57,977.47,977.4
+ Total Debt2,19,805.22,35,040.32,47,575.12,67,258.22,67,258.2
Enterprise Value————5,66,300.3
Revenue1,76,206.91,78,500.91,88,138.11,87,384.61,91,060.2
Growth %, YoY—+1.3+5.4-0.4—
EBITDA47,728.951,092.754,127.655,285.858,936.4
Margin %27.0928.6228.7729.5030.85
EBIT32,936.634,889.136,726.435,656.438,660.4
Net Income17,121.421,332.523,953.227,545.828,333.7
Margin %9.7211.9512.7314.7014.83
EPS, Adj (current shares)17.4421.4624.1627.9028.63
Growth %, YoY—+23.1+12.5+15.5—
Cash from Operations40,051.640,784.650,436.050,901.8—
Capital Expenditures-24,818.5-30,815.9-41,283.4-44,049.8—
Free Cash Flow15,233.09,968.79,152.66,852.06,852.0
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 ✓ 193%.

NTPC financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

NTPC (NSE: NTPC) had a market capitalisation of ₹3,01,082 crore at the 29 October 2026 close (₹310.50 a share), a PE ratio of 10.8 on the last four quarters' profit and a price-to-book ratio of 1.48. In FY26 its consolidated net profit attributable to shareholders was ₹27,053 crore on revenue of ₹1,87,385 crore; in Q1 FY27 (April–June 2026) it was ₹6,721 crore, up 11.8% year on year. Its debt-to-equity ratio was 1.27 on 31 March 2026. Promoters held 51.10% of the shares on 30 September 2026.

Share price used
₹310.50 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹310.50 · 29 Oct close

NTPC at a glance · consolidated

Market cap
₹3,01,082 Crat ₹310.50 · 29 Oct close
PE ratio (last 4 quarters)
10.811.1 on FY26 profit
Price to book (PB)
1.48book value ₹209.53 a share
ROE (FY26)
14.0%+0.4 pts vs FY25ROCE 8.2%
Debt to equity
1.27net debt ₹2,59,204 Cr
Promoter holding
51.10%unchanged vs 30 Jun 202630 September 2026
Dividend yield
2.90%₹9 a share in 12 months
Net worth
₹2,03,176 Cr+10.4% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹6,852 Cr−25.1% vs FY25

Questions

What is the NTPC PE ratio today?

NTPC's PE ratio is 10.8 at the 29 October 2026 close (₹310.50 a share): a market capitalisation of ₹3,01,082 crore divided by consolidated net profit attributable to shareholders of ₹27,763 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹27,053 crore) it is 11.1.

What is the NTPC PB ratio (price to book value)?

NTPC's price-to-book (PB) ratio is 1.48 at the 29 October 2026 close: a market capitalisation of ₹3,01,082 crore divided by shareholders' equity (book value) of ₹2,03,176 crore on 31 March 2026. That is a book value of ₹209.53 per share against a share price of ₹310.50.

What is the NTPC net worth?

NTPC's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,03,176 crore (₹2.03 lakh crore) on 31 March 2026, up 10.4% from ₹1,84,071 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,01,082 crore at the 29 October 2026 close.

What is the NTPC market cap?

NTPC's market capitalisation was ₹3,01,082 crore (₹3.01 lakh crore) at the 29 October 2026 close: 969.67 crore shares at ₹310.50 each.

Is NTPC debt free?

No. NTPC had borrowings of ₹2,67,258 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.27. Its cash and current investments were ₹8,054 crore, so its net debt was ₹2,59,204 crore.

What is the NTPC EPS?

NTPC's basic earnings per share (EPS) were ₹27.90 in FY26, against ₹24.16 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹28.63.

What is the NTPC debt to equity ratio?

NTPC's debt-to-equity ratio was 1.27 on 31 March 2026: borrowings of ₹2,67,258 crore against total equity of ₹2,11,153 crore. A year earlier, on 31 March 2025, it was 1.30.

What is the NTPC dividend in 2026 and its record date?

In 2026, NTPC has declared two dividends totalling ₹6.25 a share: ₹2.75 (interim) with record date 6 February 2026 and ₹3.50 with record date 2 September 2026.

What is the NTPC promoter holding?

Promoters held 51.10% of NTPC on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the NTPC ROE and ROCE?

In FY26, NTPC's return on equity (ROE) was 14.0% and its return on capital employed (ROCE) was 8.2%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.6% and ROCE 9.1%.

What is the NTPC dividend yield?

NTPC's dividend yield is 2.90% at the 29 October 2026 close: dividends of ₹9 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹310.50. They were ₹3.50 on 2 September 2026, ₹2.75 on 6 February 2026 (interim) and ₹2.75 on 7 November 2025 (interim).

What is the NTPC shareholding pattern?

On 30 September 2026, NTPC's shares were held by promoters 51.10%, foreign portfolio investors (FII/FPI) 15.79%, domestic institutions (DII) 29.87% (including mutual funds at 16.95%) and retail and other non-institutional investors 3.24%. Over the year, FII holding was down 0.61 percentage points from 16.40% and DII holding was up 0.93 percentage points from 28.94%.

What is the NTPC book value per share?

NTPC's book value per share was ₹209.53 on 31 March 2026: shareholders' equity of ₹2,03,176 crore divided by the 969.67 crore shares in issue, up 10.4% from ₹189.83 a year earlier. The share price at the 29 October 2026 close was ₹310.50.

What is the NTPC free cash flow?

In FY26, NTPC generated ₹50,902 crore of cash from operations and spent ₹44,050 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹6,852 crore. In FY25 it was ₹9,153 crore.

What are the NTPC latest quarterly results?

NTPC's latest results are for Q1 FY27 (April–June 2026), filed on 24 July 2026: consolidated net profit attributable to shareholders ₹6,721 crore, up 11.8% from ₹6,011 crore in Q1 FY26; revenue from operations ₹50,741 crore, up 7.8% year on year.

What is the NTPC revenue and profit in FY26?

In FY26 (April 2025–March 2026), NTPC's consolidated net profit attributable to shareholders was ₹27,053 crore, up 15.5% from ₹23,422 crore in FY25, on revenue from operations of ₹1,87,385 crore (down 0.4%). Over three years, from FY23, net profit was up 60.0%.

When are the NTPC next results?

NTPC will announce its Q2 FY27 results (July–September 2026) on Saturday, 31 October 2026, the date of the board meeting it has notified to the exchanges.

How does the NTPC PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, NTPC's PE ratio is 11.1, the lowest of the four: Power Grid 15.2, Tata Power 29.4 and JSW Energy 41.7, a peer average of 28.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does NTPC compare with its peers?

On FY26 consolidated figures, against Power Grid, Tata Power and JSW Energy: NTPC's operating margin of 19.0% is the third highest of the four (Power Grid 53.4%, Tata Power 13.3%, JSW Energy 36.4%; peer average 34.4%); its return on equity of 14.0% is the second highest of the four (Power Grid 16.5%, Tata Power 10.0%, JSW Energy 7.7%; peer average 11.4%); its revenue growth over three years of 2.1% a year is the third highest of the four (Power Grid 0.8% a year, Tata Power 4.2% a year, JSW Energy 22.3% a year; peer average 9.1% a year).

NTPC vs Power Grid: how do they compare?

In FY26, NTPC earned net profit attributable to shareholders of ₹27,053 crore on revenue of ₹1,87,385 crore, against ₹15,928 crore on ₹46,733 crore for Power Grid. NTPC's operating margin was 19.0% (Power Grid 53.4%) and its return on equity 14.0% (Power Grid 16.5%). At the 29 October 2026 close, NTPC's market capitalisation was ₹3,01,082 crore against ₹2,41,816 crore for Power Grid, and its PE ratio on FY26 profit 11.1 against 15.2.

Where do these NTPC figures come from?

From NTPC's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.