NSE: NHPC · BSE: 533098 · ISIN INE848E01016
NHPC Limited stock analysis
NHPC Limited ranks #1933 in the TickerSutra evidence-ranked universe with a score of 50/100 and 95% data confidence. The latest captured fundamentals show ROCE of 5.8%, quarterly sales growth of 18.5% and quarterly profit growth of 2.9%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 0.8×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- Operating margin has compressed materially
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹9,144cr | ₹4,013cr | ₹3,774cr | 44.0% |
| 2023 | ₹10,607cr | ₹6,184cr | ₹4,261cr | 58.0% |
| 2024 | ₹9,631cr | ₹4,936cr | ₹4,000cr | 51.0% |
| 2025 | ₹10,380cr | ₹5,523cr | ₹3,412cr | 53.0% |
| 2026 | ₹11,615cr | ₹4,097cr | ₹4,220cr | 35.0% |
| TTM | ₹12,210cr | ₹5,227cr | ₹4,267cr | 43.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
The trading window for dealing in the securities of the Company will remain closed from 01.10.2026 till 48 hours after declaration of financial results for the quarter and half year ending ....
RoutineGeneral UpdatesNSE · 23 Sept 2026NHPC Limited has informed the Exchange that MCA has fixed 28.09.2026 as hearing date in the matter of scheme of amalgamation between JPCL and NHPC Limited. The other details are given in the attached letter.
RoutineNHPC Ltd - 533098 - Intimation For The Date Of Hearing In The Matter Of Scheme Of Amalgamation Between Jalpower Corporation Limited And NHPC LimitedBSE · 23 Sept 2026In continuation to our earlier letter dated 21.08.2026 and in compliance to Regulation 30 of SEBI LODR, it is to inform that MCA has fixed 28.09.2026 as hearing date in the matter of scheme ....
RoutineGeneral UpdatesNSE · 21 Sept 2026NHPC Limited has informed the Exchange about General Updates regarding ESG rating as received from M/s Crisil ESG Ratings & Analytics Ltd.
RoutineNHPC Ltd - 533098 - Disclosure Under Regulation 30 Of SEBI LODR- ESG RatingBSE · 21 Sept 2026In continuation to our earlier letter dated 03.08.2026 and in compliance to Regulation 30 of SEBI LODR, ESG rating as received from M/s Crisil ESG Ratings & Analytics Ltd is submitted. ....
MANAGEMENT COMMENTARY
Signals from filed documents
Profit after Tax and before Regulatory Deferral Account Balances Profit after Tax and before Regulatory Deferral Account Balances decreased by 9.73% to `2,656.57 crore in Fiscal 2026 from `2,942.89 crore in Fiscal 2025. Movements in Regulatory Deferral Account Balances (Regulatory Income) In line with the Guidance Note on “Accounting for Rate Regulated Activities” issued by the Institute of Chartered Accountants of I
As per the requirements of Section 180(1)(c) of the Act, the shareholders of the Company by a special resolution passed in 49 th Annual General Meeting held on August 30, 2025 had authorized Board of Directors to borrow upto ₹60,000 crore in excess of paid up share capital, free reserves and security premium account. Keeping in view of fund requirements due to very robust CAPEX plan of the Company, the limit of ₹60,0
The Tariff Regulations also provide for various incentives which comprise of incentives on achieving Plant Availability Factor (PAF) greater than Normative Annual Plant Availability Factor (NAPAF), incentive for generation of energy in excess of the Design Energy of the plant (Secondary Energy) as well as incentive attributable to Deviation Settlement Mechanism (DSM) where the Power Stations of the Company contribute
Date of Birth and Age: September 09, 1976 (49 years) Nature of Expertise in specific functional areas : Dr. Lyngdoh holds a doctoral qualification from The English and Foreign Languages University (EFLU), Hyderabad, with academic work focused on communicative skills in the customer service industry and the international marketplace. Her academic foundation has enabled her to integrate strategic communication, leaders
Accordingly, TDS will be deducted @10% on the final dividend for financial year 2025-26 with a threshold limit of ₹8,000/-. Non- resident shareholders [including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs)]: (i) Tax is required to be withheld in terms of the provisions of 393(2) [Table: S. 17 and 15] of the IT Act, at applicable rates in force.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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