NSE NHPC · BSE 533098 · Electric Utilities · NIFTY 500
NHPC Share Price
NHPC Overview
Where the price stands, how it has moved and how it sits against its averages.
NHPC shares last traded at ₹76.17 on the NSE, down 0.61% on the day. That is 14.0% below the 52-week high of ₹88.60 and 10.9% above the 52-week low of ₹68.66. The stock trades at 21.55× earnings, below the sector average of 21.69. Its market value is ₹76,453 Cr.
Price returns
Against the market: 1 Month ▲ +4.21% · 3 Months ▼ −0.44% · 6 Months 0.00% · This year ▲ +10.32% · 1 Year ▼ −2.81%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 3 of 6
- 100-day average₹77.84 ▼ price 2.1% below
- 300-day average₹77.76 ▼ price 2.0% below
- 50-day average₹77.45 ▼ price 1.7% below
- Today's price₹76.17
- 20-day average₹76.15 ▲ price 0.0% above
- 10-day average₹76.07 ▲ price 0.1% above
- 5-day average₹75.87 ▲ price 0.4% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
NHPC Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹11,615 Cr | ▲ +11.9% | ₹2,782 Cr | 24.0% | ₹3.75 | ₹1.61 |
| FY 2025 | ₹10,380 Cr | ▲ +7.8% | ₹2,729 Cr | 26.3% | ₹2.99 | ₹1.91 |
| FY 2024 | ₹9,631 Cr | ▼ −9.2% | ₹3,200 Cr | 33.2% | ₹3.58 | ₹1.90 |
| FY 2023 | ₹10,607 Cr | ▲ +15.4% | ₹3,918 Cr | 36.9% | ₹3.89 | ₹1.85 |
| FY 2022 | ₹9,189 Cr | ▼ −4.8% | ₹4,734 Cr | 51.5% | ₹3.51 | ₹1.81 |
| FY 2021 | ₹9,648 Cr | ▼ −3.6% | ₹3,160 Cr | 32.7% | ₹3.26 | ₹1.60 |
| FY 2020 | ₹10,008 Cr | — | ₹3,475 Cr | 34.7% | ₹2.87 | ₹1.50 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹3,808 Cr | ▲ +35.3% | ₹842 Cr | 22.1% | ₹1.09 |
| Q4 FY26 | ₹2,816 Cr | ▲ +26.8% | ₹2,019 Cr | 71.7% | ₹1.44 |
| Q3 FY26 | ₹2,221 Cr | ▼ −34.0% | −₹957 Cr | −43.1% | ₹0.22 |
| Q2 FY26 | ₹3,365 Cr | ▲ +4.7% | ₹839 Cr | 24.9% | ₹1.02 |
| Q1 FY26 | ₹3,214 Cr | ▲ +36.9% | ₹881 Cr | 27.4% | ₹1.06 |
| Q4 FY25 | ₹2,347 Cr | ▲ +2.6% | ₹800 Cr | 34.1% | ₹0.85 |
| Q3 FY25 | ₹2,287 Cr | ▼ −25.1% | ₹197 Cr | 8.6% | ₹0.23 |
| Q2 FY25 | ₹3,052 Cr | — | ₹797 Cr | 26.1% | ₹0.90 |
Balance sheet — FY26
- Total assets₹1,20,011 Cr
- Total liabilities₹78,574 Cr
- Shareholders' equity₹41,437 Cr
- Total debt₹52,327 Cr
- Cash & investments₹3,408 Cr
- Current ratio1.04×
- Revenue growth, 5 yr3.78% a year
- EPS growth, 5 yr2.85% a year
- Operating margin (TTM)29.87%
- Net margin (TTM)26.32%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 10,007.81 | 9,647.89 | 9,188.78 | 10,607.40 | 9,630.96 | 10,379.86 | 11,615.29 |
| Cost of revenue | 1,138.46 | 1,069.92 | 888.70 | 939.56 | 816.22 | 799.16 | 820.74 |
| Gross profit | 8,869.35 | 8,577.97 | 8,300.08 | 9,667.84 | 8,814.74 | 9,580.70 | 10,794.55 |
| Operating expenses | 6,073.75 | 5,726.18 | 5,131.82 | 5,350.72 | 4,892.66 | 5,766.46 | 7,853.57 |
| Operating income | 3,934.06 | 3,921.71 | 4,056.96 | 5,256.68 | 4,738.30 | 4,613.40 | 3,761.72 |
| Depreciation | 1,614.04 | 1,292.46 | 1,190.30 | 1,236.45 | 1,216.38 | 1,256.93 | 2,019.84 |
| Profit before tax | 3,855.72 | 4,382.57 | 4,427.44 | 5,251.59 | 4,619.45 | 4,489.75 | 2,910.32 |
| Tax | −79.40 | 894.86 | −556.98 | 976.24 | 1,015.41 | 1,355.46 | −326.78 |
| Net profit | 3,475.13 | 3,159.61 | 4,733.66 | 3,917.83 | 3,200.45 | 2,729.23 | 2,782.38 |
| EPS (₹) | 2.87 | 3.26 | 3.51 | 3.89 | 3.58 | 2.99 | 3.75 |
| Dividend per share (₹) | 1.50 | 1.60 | 1.81 | 1.85 | 1.90 | 1.91 | 1.61 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 71,268.75 | 73,126.99 | 77,284.50 | 86,209.84 | 92,264.88 | 1,02,677.71 | 1,20,010.89 |
| Current assets | 9,561.41 | 9,389.89 | 8,846.15 | 10,765.14 | 10,902.90 | 11,275.10 | 14,670.52 |
| Cash & short-term investments | 1,666.22 | 2,231.38 | 1,814.98 | 3,787.10 | 3,253.83 | 2,448.38 | 3,407.79 |
| Inventory | 189.29 | 152.50 | 171.88 | 161.18 | 222.53 | 336.23 | 458.85 |
| Property, plant & equipment | 41,577.05 | 41,152.03 | 44,339.23 | 53,479.99 | 61,082.98 | 72,555.72 | 85,019.67 |
| Total liabilities | 39,887.83 | 40,073.69 | 42,363.52 | 49,249.17 | 53,596.29 | 63,009.55 | 78,573.71 |
| Current liabilities | 6,299.81 | 6,203.03 | 6,606.31 | 7,942.32 | 8,615.56 | 10,176.42 | 14,106.01 |
| Total debt | 23,226.40 | 23,365.24 | 26,095.95 | 29,539.84 | 32,560.80 | 39,556.78 | 52,326.69 |
| Total equity | 31,380.92 | 33,053.30 | 34,920.98 | 36,960.67 | 38,668.59 | 39,668.16 | 41,437.18 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 2,992.53 | 5,069.79 | 6,471.79 | 4,704.64 | 7,252.14 | 5,026.18 | 3,293.62 |
| From investing | −2,987.06 | −1,607.14 | −4,966.03 | −4,246.05 | −5,940.33 | −7,550.17 | −11,138.97 |
| From financing | 11.66 | −3,057.55 | −638.36 | −794.57 | −923.94 | 1,903.51 | 8,927.58 |
| Capital expenditure | −3,631.74 | −2,058.26 | −5,014.48 | −4,975.49 | −6,969.32 | −8,851.41 | −11,572.28 |
| Dividends paid | −2,897.44 | −1,848.80 | −1,947.84 | −2,262.86 | −2,325.93 | −2,309.90 | −2,354.51 |
| Net change in cash | 17.13 | 405.10 | 867.40 | −335.98 | 387.87 | −620.48 | 1,082.23 |
What Analysts Say
Recommendations from 8 analysts who cover NHPC.
▲ 4 bullish (50.0%) · 1 hold (12.5%) · ▼ 3 bearish (37.5%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | ▲ +1 |
| Buy | 2 | 2 | 1 | 1 | 0 | ▼ −2 |
| Hold | 1 | 1 | 1 | 1 | 1 | — |
| Sell | 1 | 1 | 1 | 1 | 2 | ▲ +1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | — |
Analyst ratings are opinions, not a guarantee of returns.
NHPC vs Peers
Side by side with other electric utilities companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| NHPC | ₹76.17 | ▼ −0.61% | ₹76,453 Cr | 21.55 | 1.86 | 9.49% | 26.32% | 2.10% | This stock |
| Adani Power | ₹199.80 | ▼ −2.51% | ₹3,85,308 Cr | 32.24 | 6.37 | 33.40% | 23.91% | — | Moderately Bearish |
| Power Grid Corporation of India | ₹266.00 | ▼ −1.63% | ₹2,47,396 Cr | 14.10 | 2.62 | 18.68% | 40.02% | 3.17% | Bearish |
| Adani Green Energy | ₹1,288.45 | ▼ −0.66% | ₹2,12,230 Cr | 129.20 | 12.49 | 13.17% | 12.14% | — | Moderately Bearish |
| Adani Energy Solutions | ₹1,341.30 | ▼ −2.66% | ₹1,64,903 Cr | 90.17 | 8.14 | 9.44% | 8.49% | — | Moderately Bearish |
| Siemens Energy India | ₹3,217.90 | ▲ +0.12% | ₹1,14,900 Cr | 109.04 | 27.52 | — | 14.99% | 0.12% | Neutral |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
NHPC Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 1.85× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 108 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield2.10%
- Payout ratio42.95%
- 5-year average dividend₹1.82 a share
- Latest dividend₹0.21 per share · 12 Aug 2026
Corporate calendar
- MeetingAnnual General Meeting
- Dividend₹0.21 per share · 2% · Final dividend
- BoardQuarterly Results
- BoardAudited Results, Dividend & Fund Raising
- BoardOthers
- BoardOthers
- Dividend₹1.40 per share · 14% · Interim dividend
- BoardQuarterly Results & Interim Dividend
Show 14 older events
- BoardOthers
- BoardQuarterly Results
- MeetingCOM
- MeetingAnnual General Meeting
- BoardOthers
- Dividend₹0.51 per share · 5% · Final dividend
- Dividend₹1.40 per share · 14% · Interim dividend
- MeetingAnnual General Meeting
- Dividend₹0.50 per share · 5% · Final dividend
- Dividend₹1.40 per share · 14% · Interim dividend
- MeetingCOM
- MeetingAnnual General Meeting
- Dividend₹0.45 per share · 5% · Final dividend
- Dividend₹1.40 per share · 14% · Interim dividend
About NHPC
Electric Utilities
NHPC Limited is an India-based company, which is primarily engaged in the generation and sale of bulk power to various power utilities. The Company’s other business activities include project management / construction contracts/ consultancy assignment services and trading of power. It has an installed capacity of approximately 8247.18 megawatts (MW), including 1681.70 MW in joint venture, comprising over 7771.20 MW from 23 hydro power stations, 425.98 MW from five solar power projects and 50 MW from a wind power project. Its power stations include Salal, Dulhasti, Chutak, Baira Siul, Tanakpur, Dhauliganga, Rangit, Loktak, Indira Saga, Chamera-I, Uri-I, Omkareshwa, and others. Its consultancy services offer survey and investigation, planning, design and engineering, construction, operation and maintenance, renovation, modernization and updating of hydropower projects. Its subsidiaries include NHDC Limited, Bundelkhand Saur Urja Limited, Lanco Teesta Hydro Power Limited, and others.
Key people
- Bhupender GuptaChairman of the Board, Managing Director
- Mahesh Kumar SharmaChief Financial Officer, Executive Director
- Rupa DebCompliance Officer, Company Secretary
- Suprakash AdhikariExecutive Director, Director - Technical
- Jitendra KumarExecutive Director
- Sanjay Kumar SinghExecutive Director, Director - Projects
Company facts
- NSE symbolNHPC
- BSE code533098
- ISININE848E01016
- IndustryElectric Utilities
- IndexNIFTY 500
- Market cap₹76,453 Cr
- Revenue (FY26)₹11,615 Cr
- Net profit (FY26)₹2,782 Cr
In the News
Recent headlines about NHPC — they open on Mint in a new tab.
- Himalayan glacial instability may be getting worse and that can alter the viability of dam projects
The Nepal catastrophe and others underscore why hydropower project finances must properly account for fast changing climate-related risks. India’s hydro plans that aim to maximize generation capacity must adjust to growing risk complexity.
24 Sep 2026 · 3 min read · Mint ↗ - Top stocks to buy under ₹200: Castrol, NHPC, Vikram Solar - 3 shares by Anand Rathi‘s Mehul Kothari; target, stop-loss
Kothari warns that a close below 55,500 may lead to increased selling pressure. He sees 57,000 as a key resistance for Bank Nifty. Recommended stocks under ₹200 include Castrol India, NHPC, and Vikram Solar, with specific targets and stop losses provided.
19 Sep 2026 · 3 min read · Mint ↗ - Himalayan infra projects brace for a climate risk premium
Climate change is making infrastructure in the Himalayas increasingly expensive to insure due to the rising incidents of flash floods, landslides, and glacial lake outburst floods.
16 Sep 2026 · 7 min read · Mint ↗ - Reservoir levels recover, but water storage remains below normal
Recent monsoon rains have pushed up storage above normal in western, central and eastern regions, but overall levels remain below normal ahead of the rabi season.
14 Sep 2026 · 3 min read · Mint ↗ - Top stocks to Buy under ₹200: NHPC, IOCL, NBCC — Mehul Kothari of Anand Rathi recommends | Target, stop-loss
Stocks to buy under ₹200: Mehul Kothari recommends three stocks to buy for the short term — NHPC, IOC, and NBCC
12 Sep 2026 · 3 min read · Mint ↗ - India offers flood-ravaged Nepal a hand in rebuilding hydropower, infra
India has offered to help Nepal restore hydropower plants, roads and bridges battered by the recent floods, which knocked out around 700 MW of power capacity. The offer comes as state-owned hydropower majors NHPC and SJVN deepen their presence in the Himalayan country.
3 Sep 2026 · 4 min read · Mint ↗ - Top stocks to watch today: Reason why these shares are in focus for Thursday's trading session | Full list
Indian investors will focus on RBL Bank, Power Grid, Paisalo Digital, NHPC, ICICI Bank, India Cements, and Meesho after recent announcements.
3 Sep 2026 · 2 min read · Mint ↗ - Centre allows renewable developers to cut tariffs after winning tenders
The renewable energy ministry's clarification could help unlock 40 GW of unsigned renewable power contracts without reopening bids.
12 Aug 2026 · 4 min read · Mint ↗
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