Analysts/Institutional Investor Meet/Con. Call Updates31 Oct 2026 · 18:20
NTPC Limited has informed the Exchange about Link of Recording
Price
Daily closing prices, adjusted for bonuses and splits
Returns against the Nifty 50
| Return | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|
| NTPC | +6.0% | +0.0% | −8.0% | −18.5% | −2.6% | +37.4% | +134.7% |
| Nifty 50 | +5.6% | +6.2% | −2.7% | −1.5% | −6.4% | +24.6% | +33.7% |
Price returns, without dividends. Source: NSE end-of-day data.
Check-up
Where NTPC sits against the Nifty 50 and its industry. Facts, not advice.
Price return
−2.62%
Over 1 year. The Nifty 50 returned −6.40%, so NTPC beat it by 3.8 percentage points.
Valuation (PE)
10.5
Price is 10.5 times the last four quarters' earnings per share, lower than the Nifty 50's PE of 19.8.
Growth
+21.2%
Revenue in Q2 FY27 compared with the same quarter a year earlier. Net profit changed +38.7%.
Profitability (ROE)
13.9%
Profit over the last four quarters as a share of shareholders' equity. Net margin is 14.8%.
Debt
1.29×
Borrowings are 1.29 times shareholders' equity (latest balance sheet, 30 Sep 2026).
Volatility
1.42×
Daily price moves over the last year were 1.42 times as large as the Nifty 50's (annualised volatility 19.6%).
What the latest numbers show
Calculated by stockER from the company's filings and NSE data.
Positives 4
- Revenue up 21.2% from a year ago₹54,270 cr in Q2 FY27, against ₹44,786 cr in Q2 FY26.
- Net profit up 40.7% from a year ago₹7,351 cr in Q2 FY27, against ₹5,225 cr in Q2 FY26.
- Net margin widened to 13.5%From 11.7% in Q2 FY26.
- Operating cash flow of ₹50,902 crCash generated by the business in the year to 31 Mar 2026.
Watch points 3
- Borrowings rose 9.3% in a year₹2,75,634 cr on 30 Sep 2026, against ₹2,52,197 cr a year earlier.
- Foreign institutional holding down 0.61 points in a year15.79% on 30 Sep 2026, from 16.40%.
- Mutual fund holding down 1.60 points in a year16.95% on 30 Sep 2026, from 18.55%.
Financials
Consolidated results as filed with NSE. ₹ crore unless stated.
Revenue
Net profit
EPS (₹)
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 45,053 | 49,834 | 47,065 | 44,786 | 45,846 | 49,688 | 50,741 | 54,270 |
| Other income | 545 | 1,251 | 756 | 476 | 459 | 723 | 401 | 446 |
| Total expenses | 38,468 | 43,391 | 42,540 | 40,218 | 39,533 | 43,238 | 43,130 | 48,059 |
| EBITDA | 14,212 | 16,005 | 13,336 | 13,292 | 15,029 | 16,043 | 16,631 | 16,073 |
| Depreciation | 4,318 | 4,663 | 4,587 | 4,816 | 5,093 | 5,134 | 5,234 | 5,330 |
| Finance cost | 2,764 | 3,648 | 3,468 | 3,432 | 3,164 | 3,737 | 3,386 | 4,086 |
| PBIT | 9,894 | 11,342 | 8,749 | 8,477 | 9,936 | 10,910 | 11,397 | 10,743 |
| Profit before tax | 7,130 | 7,694 | 5,281 | 5,044 | 6,772 | 7,173 | 8,011 | 6,656 |
| Tax | 2,075 | 2,726 | 1,657 | 2,076 | 2,453 | −9,062 | 2,263 | 1,867 |
| Net profit | 5,170 | 7,897 | 6,108 | 5,225 | 5,597 | 10,615 | 6,896 | 7,351 |
| EPS (₹) | 5.22 | 7.85 | 6.20 | 5.23 | 5.66 | 10.81 | 6.93 | 7.25 |
| ₹ crore | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue from operations | 1,76,207 | 1,78,501 | 1,88,103 | 1,87,385 |
| Other income | 1,770 | 2,665 | 2,759 | 2,414 |
| Total expenses | 1,54,426 | 1,55,660 | 1,64,580 | 1,65,529 |
| EBITDA | 49,916 | 53,758 | 56,852 | 57,700 |
| Depreciation | 14,792 | 16,204 | 17,401 | 19,629 |
| Finance cost | 11,572 | 12,048 | 13,168 | 13,801 |
| PBIT | 35,123 | 37,554 | 39,451 | 38,070 |
| Profit before tax | 23,551 | 25,506 | 26,283 | 24,269 |
| Tax | 6,796 | 6,809 | 8,245 | −2,876 |
| Net profit | 17,121 | 21,332 | 23,953 | 27,546 |
| ₹ crore | MAR 2024 | SEP 2024 | MAR 2025 | SEP 2025 | MAR 2026 | SEP 2026 |
|---|---|---|---|---|---|---|
| Total assets | 4,80,197 | 4,92,230 | 5,24,165 | 5,38,664 | 5,58,644 | 5,77,363 |
| Current assets | 83,036 | 82,367 | 92,892 | 89,697 | 94,345 | 97,901 |
| Inventories | 18,019 | 15,888 | 18,722 | 16,854 | 18,663 | 14,047 |
| Cash and equivalents | 863 | 2,097 | 1,427 | 2,164 | 3,422 | 2,460 |
| Total liabilities | 3,15,074 | 3,19,316 | 3,33,042 | 3,39,158 | 3,47,490 | 3,55,516 |
| Current liabilities | 98,404 | 88,996 | 1,01,073 | 1,03,646 | 1,14,505 | 1,10,728 |
| Borrowings | 2,35,040 | 2,39,932 | 2,47,575 | 2,52,197 | 2,67,258 | 2,75,634 |
| Shareholders' equity | 1,65,122 | 1,72,914 | 1,91,123 | 1,99,507 | 2,11,153 | 2,21,847 |
| Equity attributable to owners | 1,60,709 | 1,68,271 | 1,84,071 | 1,92,035 | 2,03,176 | 2,13,471 |
Balance sheets are filed every half year (September and March).
| ₹ crore | 6M to SEP 2022 | 12M to MAR 2025 | 6M to SEP 2025 | 12M to MAR 2026 | 6M to SEP 2026 |
|---|---|---|---|---|---|
| From operations | 12,397 | 50,436 | 24,483 | 50,902 | 26,542 |
| From investing | −15,508 | −45,800 | −13,295 | −37,578 | −19,578 |
| From financing | 2,836 | −4,073 | −10,450 | −11,328 | −5,903 |
| Capital expenditure | 13,228 | 41,283 | 18,413 | 44,050 | 21,146 |
| Free cash flow | −831 | 9,153 | 6,070 | 6,852 | 5,396 |
Cash flow statements are filed every half year; figures are for the period shown.
EBITDA here is profit before tax plus finance cost and depreciation. Annual figures add up the four quarters of each financial year. Source: company filings on NSE (XBRL).
Peers
Power companies in the Nifty 50.
| Company | Price | Market cap | PE | PB | ROE | Div. yield | 1Y return |
|---|---|---|---|---|---|---|---|
| NTPC Ltd.NTPC | ₹321.95 | ₹3.12 lakh cr | 10.5 | 1.46 | 13.9% | 3.73% | −2.6% |
| Power Grid Corporation of India Ltd.POWERGRID | ₹262.05 | ₹2.44 lakh cr | 15.0 | 2.28 | 15.2% | 4.58% | −6.1% |
Price comparison
Change in price from the start of the period
NTPCNifty 50POWERGRID
Events
Dividends, bonuses and splits from NSE's corporate actions.
Dividend paid in 5 of the last 5 calendar years (2022–2026)Over the last 12 months: ₹12.00 per share (adjusted for bonuses and splits), a yield of 3.73% at today's price.
Coming up
!Interim Dividend - Rs 3 Per ShareEx-date
6 Nov 2026
6 Nov 2026
Past dividends
Interim dividend
Interim Dividend - Rs 3 Per SharePer share
₹3.00Ex-date
6 Nov 2026
Interim Dividend - Rs 3 Per SharePer share
₹3.00Ex-date
6 Nov 2026
Dividend
Dividend - Rs 3.50 Per SharePer share
₹3.50Ex-date
2 Sep 2026
Dividend - Rs 3.50 Per SharePer share
₹3.50Ex-date
2 Sep 2026
Interim dividend
Interim Dividend - Rs 2.75 Per SharePer share
₹2.75Ex-date
6 Feb 2026
Interim Dividend - Rs 2.75 Per SharePer share
₹2.75Ex-date
6 Feb 2026
Interim dividend
Interim Dividend - Rs 2.75 Per SharePer share
₹2.75Ex-date
7 Nov 2025
Interim Dividend - Rs 2.75 Per SharePer share
₹2.75Ex-date
7 Nov 2025
Dividend
Dividend - Rs 3.35 Per SharePer share
₹3.35Ex-date
4 Sep 2025
Dividend - Rs 3.35 Per SharePer share
₹3.35Ex-date
4 Sep 2025
Interim dividend
Interim Dividend - Rs 2.50 Per SharePer share
₹2.50Ex-date
31 Jan 2025
Interim Dividend - Rs 2.50 Per SharePer share
₹2.50Ex-date
31 Jan 2025
Interim dividend
Interim Dividend - Rs 2.50 Per SharePer share
₹2.50Ex-date
31 Oct 2024
Interim Dividend - Rs 2.50 Per SharePer share
₹2.50Ex-date
31 Oct 2024
Dividend
Dividend - Rs 3.25 Per SharePer share
₹3.25Ex-date
7 Aug 2024
Dividend - Rs 3.25 Per SharePer share
₹3.25Ex-date
7 Aug 2024
Bonuses, splits and other actions
Annual General MeetingEx-date
20 Sep 2021
20 Sep 2021
Buy-BackEx-date
12 Nov 2020
12 Nov 2020
Annual General MeetingEx-date
16 Sep 2020
16 Sep 2020
Filings and updates
The company's own announcements to NSE: results, dividends, presentations and board decisions.
Annual report 2025–26Open (PDF / ZIP)
Annual report 2025–26Open (PDF / ZIP)
Annual report 2024–25Open (PDF / ZIP)
Annual report 2023–24Open (PDF / ZIP)
Annual report 2022–23Open (PDF / ZIP)
Record Date31 Oct 2026 · 15:00
NTPC Limited has informed the Exchange that Record date for the purpose of Dividend is 06-Nov-2026.
Dividend31 Oct 2026 · 14:52
NTPC Limited has informed the Exchange that Board of Directors at its meeting held on October 31, 2026, declared Interim Dividend of Rs. 3 per equity share.
Outcome of Board Meeting31 Oct 2026 · 14:50
NTPC Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Analysts/Institutional Investor Meet/Con. Call Updates28 Oct 2026 · 18:23
NTPC Limited has informed the Exchange about Schedule of meet
Appointment23 Oct 2026 · 17:23
NTPC Limited has informed the Exchange regarding Appointment of Mr Shri Diwakar Nath Misra as Non- Executive Director of the company w.e.f. October 23, 2026.
General Updates19 Oct 2026 · 16:19
NTPC Limited has informed the Exchange about Appointment of Shri Diwakar Nath Misra, Additional Secretary, Ministry of Power as Govt. Nominee Director on the Board of the Company.
Press Release15 Oct 2026 · 18:21
NTPC Limited has informed the Exchange regarding a press release dated October 15, 2026, titled "NTPC partners with Africa50 to jointly develop power projects across Africa".
General Updates8 Sep 2026 · 14:41
NTPC Limited has informed the Exchange about Appointment of Statutory/Joint Statutory Auditors by C&AG for Financial Year 2026-27
Shareholders meeting27 Aug 2026 · 18:54
NTPC Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 27, 2026. Further, the company has informed the Exchange regarding voting results.
Analysts/Institutional Investor Meet/Con. Call Updates2 Aug 2026 · 15:20
NTPC Limited has informed the Exchange about Transcript
Record Date27 Jul 2026 · 18:43
NTPC Limited has informed the Exchange that Record date for the purpose of Dividend is 02-Sep-2026.
Frequently asked questions
What is the share price of NTPC Ltd. (NTPC)?
NTPC closed at ₹321.95 on NSE on 4 Nov 2026, +0.12% on the day. stockER shows end-of-day prices, updated after the market closes.
What is the market cap of NTPC?
₹3.12 lakh cr, based on 969.67 crore shares and the latest closing price. That makes it #24 by size in the Nifty 50.
What are the PE and PB ratios of NTPC?
PE 10.50 on earnings per share of ₹30.66 over the last four quarters; PB 1.46 on the latest reported equity.
What is the 52-week high and low of NTPC?
High ₹414.40 on 27 Apr 2026, low ₹292.05 on 23 Oct 2026 (adjusted for bonuses and splits).
What is the dividend yield of NTPC?
3.73%: dividends of ₹12.00 per share with ex-dates in the last 12 months, divided by the latest price.
What return has NTPC given?
1 year −2.6%, 3 years +37.4%, 5 years +134.7% (price only, dividends not included).
Which sector is NTPC in?
NSE classifies NTPC Ltd. under Power. Other Nifty 50 companies in it: POWERGRID.
Who owns NTPC?
On 30 Sep 2026, promoters held 51.10% and the public 48.90%.
How can I buy NTPC shares?
Through a SEBI-registered stockbroker with a demat and trading account. stockER is an information site only: it doesn't sell shares or recommend buying or selling any of them.