NSE NTPC · BSE 532555 · Electric Utilities · NIFTY 50
NTPC Share Price
₹326.60
▲ +₹0.00 · 0.00%
NSE · as of 24 Sep 2026, 9:59 AM · BSE ₹326.50
Today's range
₹324.50Low₹327.75High
52-week range
₹315.55Low · 9 Dec 2025₹414.40High · 27 Apr 2026
NTPC Overview
Where the price stands, how it has moved and how it sits against its averages.
NTPC shares last traded at ₹326.60 on the NSE, up 0.00% on the day. That is 21.2% below the 52-week high of ₹414.40 and 3.5% above the 52-week low of ₹315.55. The stock trades at 12.53× earnings, below the sector average of 21.69. Its market value is ₹3,16,596 Cr.
Price returns
1 Day0.00%
5 Days▼ −0.31%
This month▼ −0.43%
3 Months▼ −8.70%
6 Months▼ −13.85%
This year▼ −1.08%
1 Year▼ −4.96%
Against the market: 1 Month ▲ +0.87% · 3 Months ▼ −6.06% · 6 Months ▼ −13.34% · This year ▲ +12.66% · 1 Year ▲ +4.28%
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 0 of 6
- 300-day average₹357.16 ▼ price 8.6% below
- 100-day average₹355.98 ▼ price 8.3% below
- 50-day average₹338.89 ▼ price 3.6% below
- 20-day average₹331.04 ▼ price 1.3% below
- 10-day average₹329.77 ▼ price 1.0% below
- 5-day average₹326.89 ▼ price 0.1% below
- Today's price₹326.60
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
NTPC Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
1.88L
1.87L
29,517
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹1,87,385 Cr | ▼ −0.4% | ₹29,517 Cr | 15.8% | ₹27.90 | ₹9.00 |
| FY 2025 | ₹1,88,138 Cr | ▲ +5.4% | ₹19,721 Cr | 10.5% | ₹24.16 | ₹8.35 |
| FY 2024 | ₹1,78,501 Cr | ▲ +1.3% | ₹19,812 Cr | 11.1% | ₹21.46 | ₹7.75 |
| FY 2023 | ₹1,76,207 Cr | ▲ +32.8% | ₹17,326 Cr | 9.8% | ₹17.44 | ₹7.25 |
| FY 2022 | ₹1,32,669 Cr | ▲ +19.0% | ₹15,189 Cr | 11.4% | ₹17.20 | ₹7.00 |
| FY 2021 | ₹1,11,531 Cr | ▲ +1.9% | ₹12,731 Cr | 11.4% | ₹12.93 | ₹6.15 |
| FY 2020 | ₹1,09,464 Cr | — | ₹6,728 Cr | 6.1% | ₹11.72 | ₹3.15 |
50,741
17,300
6,201
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹50,741 Cr | ▲ +2.1% | ₹6,201 Cr | 12.2% | ₹6.93 |
| Q4 FY26 | ₹49,688 Cr | ▲ +8.4% | ₹17,300 Cr | 34.8% | ₹10.82 |
| Q3 FY26 | ₹45,846 Cr | ▲ +2.4% | ₹4,824 Cr | 10.5% | ₹5.66 |
| Q2 FY26 | ₹44,786 Cr | ▼ −4.8% | ₹3,390 Cr | 7.6% | ₹5.23 |
| Q1 FY26 | ₹47,065 Cr | ▼ −5.6% | ₹4,003 Cr | 8.5% | ₹6.20 |
| Q4 FY25 | ₹49,868 Cr | ▲ +10.7% | ₹5,315 Cr | 10.7% | ₹7.84 |
| Q3 FY25 | ₹45,053 Cr | ▲ +0.8% | ₹5,406 Cr | 12.0% | ₹5.22 |
| Q2 FY25 | ₹44,696 Cr | — | ₹2,938 Cr | 6.6% | ₹5.44 |
Balance sheet — FY26
Owes (liabilities)Shareholders' equity
64%
36%
- Total assets₹5,58,644 Cr
- Total liabilities₹3,55,468 Cr
- Shareholders' equity₹2,03,176 Cr
- Total debt₹2,71,005 Cr
- Cash & investments₹6,289 Cr
- Current ratio0.82×
- Revenue growth, 5 yr10.93% a year
- EPS growth, 5 yr16.63% a year
- Operating margin (TTM)20.23%
- Net margin (TTM)16.90%
Cash flow — FY26
Operating activities
▲ ₹50,902 Cr
Investing activities
▼ −₹37,578 Cr
Financing activities
▼ −₹11,328 Cr
Free cash flow
▲ ₹6,852 Cr
Net change in cash
▲ ₹1,995 Cr
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 | 1,09,464.04 | 1,11,531.15 | 1,32,669.28 | 1,76,206.93 | 1,78,500.88 | 1,88,138.06 | 1,87,384.63 |
| Cost of revenue | 62,954.03 | 61,649.00 | 75,693.59 | 1,06,565.01 | 1,04,582.42 | 1,07,593.21 | 98,863.05 |
| Gross profit | — | — | — | — | — | — | — |
| Operating expenses | 87,256.97 | 91,518.34 | 1,06,691.71 | 1,42,352.82 | 1,44,345.59 | 1,50,218.71 | 1,48,090.10 |
| Operating income | 22,207.07 | 20,012.81 | 25,977.57 | 33,854.11 | 34,155.29 | 37,919.35 | 39,294.53 |
| Depreciation | 11,428.92 | 13,581.53 | 15,061.80 | 16,320.63 | 17,923.11 | 19,337.97 | 21,678.98 |
| Profit before tax | 16,377.51 | 15,486.74 | 20,520.91 | 24,330.59 | 27,141.45 | 28,496.41 | 27,133.56 |
| Tax | 9,347.54 | 2,420.53 | 5,047.10 | 6,796.12 | 6,809.20 | 8,245.18 | −2,876.42 |
| Net profit | 6,728.22 | 12,731.44 | 15,189.42 | 17,325.67 | 19,811.69 | 19,720.54 | 29,516.74 |
| EPS (₹) | 11.72 | 12.93 | 17.20 | 17.44 | 21.46 | 24.16 | 27.90 |
| Dividend per share (₹) | 3.15 | 6.15 | 7.00 | 7.25 | 7.75 | 8.35 | 9.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 3,77,387.13 | 3,98,887.64 | 4,24,945.90 | 4,47,913.25 | 4,80,196.57 | 5,24,399.70 | 5,58,643.56 |
| Current assets | 56,905.87 | 56,738.68 | 66,602.20 | 69,785.94 | 83,035.53 | 93,169.24 | 94,345.08 |
| Cash & short-term investments | 2,346.38 | 3,186.38 | 10,284.22 | 2,244.50 | 3,981.41 | 4,534.04 | 6,288.65 |
| Inventory | 11,138.54 | 9,809.60 | 10,139.29 | 18,824.42 | 22,789.88 | 22,091.24 | 21,140.67 |
| Property, plant & equipment | 2,85,002.44 | 2,99,578.45 | 3,15,368.96 | 3,28,079.15 | 3,44,868.12 | 3,70,632.93 | 4,01,346.93 |
| Total liabilities | 2,58,547.97 | 2,73,149.17 | 2,89,572.16 | 3,00,890.08 | 3,19,487.30 | 3,40,328.54 | 3,55,467.89 |
| Current liabilities | 64,338.10 | 70,646.36 | 85,021.28 | 85,820.13 | 98,404.34 | 1,01,095.34 | 1,14,505.42 |
| Total debt | 2,00,629.67 | 2,10,207.87 | 2,19,056.05 | 2,22,913.16 | 2,37,130.98 | 2,50,096.15 | 2,71,004.58 |
| Total equity | 1,18,839.16 | 1,25,738.47 | 1,35,373.74 | 1,47,023.17 | 1,60,709.27 | 1,84,071.16 | 2,03,175.67 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 24,583.22 | 32,444.06 | 41,788.23 | 47,151.78 | 40,099.19 | 50,487.84 | 50,901.81 |
| From investing | −30,321.67 | −21,034.45 | −22,890.92 | −26,145.13 | −31,455.97 | −45,851.62 | −37,578.38 |
| From financing | 6,004.26 | −11,049.11 | −19,171.56 | −21,216.77 | −8,245.53 | −4,073.00 | −11,328.36 |
| Capital expenditure | −18,230.44 | −23,312.34 | −24,444.42 | −24,818.52 | −30,815.92 | −41,335.25 | −44,049.78 |
| Dividends paid | −3,133.37 | −5,778.42 | −7,106.93 | −7,247.91 | −7,419.43 | −8,206.54 | −8,759.26 |
| Net change in cash | 265.78 | 360.50 | −274.25 | −210.12 | 397.69 | 563.22 | 1,995.07 |
What Analysts Say
29 analysts
Recommendations from 29 analysts who cover NTPC.
Strong Buy
average rating 1.55 on a 1–5 scale
Strong buyBuyHoldSellStrong sell
▲ 28 bullish (96.6%) · 1 hold (3.4%) · ▼ 0 bearish (0.0%)
Votes
Strong Buy
14 (48%)
Buy
14 (48%)
Hold
1 (3%)
Sell
0 (0%)
Strong Sell
0 (0%)
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 13 | 14 | 14 | ▲ +1 |
| Buy | 11 | 11 | 11 | 14 | 14 | ▲ +3 |
| Hold | 1 | 1 | 1 | 1 | 1 | — |
| Sell | 0 | 0 | 1 | 0 | 0 | — |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | ▼ −1 |
Analyst ratings are opinions, not a guarantee of returns.
NTPC Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
NTPCBenchmarkComfortable → stretched
Valuation Is the price reasonable?
P/E (TTM)Price ÷ yearly earnings per share
12.53
▼ 42% below the sector average of 21.69
P/E, 12-month rangeLow 7.85 · high 19.46
40%
Today's P/E sits 40% of the way from its low to its high
P/BPrice ÷ book value per share
1.56
P/SPrice ÷ sales per share
1.65
P/CFPrice ÷ cash flow per share
5.79
PEGP/E ÷ earnings growth (≈1 is fair)
0.67
Profitability Of every ₹100 of sales, how much is kept?
Operating marginKept after running costs
20.23%
▲ above its 5-yr average of 19.84%
Pre-tax marginKept before tax
15.71%
▲ above its 5-yr average of 14.79%
Net marginKept as profit
16.90%
▲ above its 5-yr average of 12.01%
Returns & efficiency How well does it use its money?
Return on equityProfit on shareholders' money
13.97%
▲ above its 5-yr average of 13.25%
Return on assetsProfit on everything it owns
5.54%
▲ above its 5-yr average of 4.40%
Return on investmentProfit on long-term capital
7.04%
▲ above its 5-yr average of 5.54%
Growth Is the business getting bigger?
Revenue — last 12 months
+2.3%
▲ growing
Revenue — 3 yr, a year
+2.1%
▲ growing
Revenue — 5 yr, a year
+10.9%
▲ growing
EPS — last 12 months
+16.0%
▲ growing
EPS — 3 yr, a year
+17.0%
▲ growing
EPS — 5 yr, a year
+16.6%
▲ growing
Dividend — 3 yr, a year
+7.5%
▲ growing
Book value — 5 yr, a year
+10.1%
▲ growing
Financial strength Can it pay its bills and debts?
Debt to equityBorrowings for every ₹1 of shareholders' money
1.33×
Current ratioShort-term assets for every ₹1 due within a year
0.82×
Quick ratioLike the current ratio, without inventory
0.64×
Interest coverOperating profit ÷ interest to pay
2.91×
Payout ratioShare of profit paid as dividend
32.26%
Per share What each share stands for
EPS (TTM)
₹28.64
Book value
₹209.53
Cash flow
₹55.97
Dividend
₹9.00
Revenue
₹195.83
The share price is 1.56× 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 106 metrics from the data provider
Valuation
P/E excluding extraordinary items, most recent fiscal year11.69
Current Dividend Yield - Common Stock Primary Issue, LTM2.76
Price to Book - most recent fiscal year1.56
P/E Basic excluding extraordinary items - TTM12.53
P/E including extraordinary items - TTM11.38
P/E excluding extraordinary items low, trailing 12 months7.85
Price to Tangible Book - most fiscal year1.56
Dividend Yield - 5 Year Average2.86
Price to sales - most recent fiscal year1.69
Dividend Yield - indicated annual dividend divided by closing price2.76
Price to Cash Flow per share - trailing 12 month5.79
Peg Ratio0.67
P/E Normalized, most recent fiscal year11.63
P/E excluding extraordinary items high, trailing 12 months19.46
P/E excluding extraordinary items, most recent fiscal year quarter11.38
Price to sales - trailing 12 month1.65
Net Debt, LFY26,47,159.00
Per share
Dividend Per Share - 5 year average7.87
Cash Flow per share - trailing 12 month55.97
Cash Flow per share - most recent fiscal year53.31
EPS including extraordinary items - trailing 12 month28.64
EPS including extraordinary items - most recent fiscal year27.90
EBITD per share - trailing 12 month62.51
Revenue/share - trailing 12 month195.83
EPS excluding extraordinary items - trailing 12 month28.64
EPS Basic excluding extraordinary items - most recent fiscal year27.90
EPS Basic excluding extraordinary items - trailing 12 month28.47
Book value per share - most recent fiscal year209.53
Dividend per share - most recent fiscal year9.00
Revenue/share - most recent fiscal year193.25
EPS Normalized - most recent fiscal year28.04
Book value (tangible) per share - most recent fiscal year208.35
Dividends per share - trailing 12 month9.00
EPS excluding extraordinary items - most recent fiscal year27.90
Cash per share - most recent fiscal year6.49
Margins
Operating margin - trailing 12 month20.23
Operating margin - 1st historical fiscal year20.97
Operating Margin - 5 year average19.84
Net Profit Margin % - 1st historical fiscal year16.02
Net Profit Margin % - trailing 12 month16.90
Net Profit Margin - 5 year average12.01
Pretax Margin - 5 year average14.79
Pretax margin - 1st historical fiscal year14.48
Pretax margin - trailing 12 month15.71
Free Operating Cash Flow/Revenue, 5 Year Average3.04
Growth
EPS Change %, TTM over TTM15.95
Revenue growth rate, 5 year10.93
EPS growth rate, 5 year16.63
Revenue Change % - most recent quarter 1 year ago7.81
Growth rate% - dividend, 3 year7.47
Growth rate% - EPS, 3 year16.95
Revenue/share (5 yr growth)14.42
Tangible Book Value, Total Equity, 5 Year CAGR10.08
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR12.47
Capital Spending growth rate, 5 year13.57
Revenue Change %, TTM over TTM2.34
Growth rate% - Revenue, 3 year2.07
Book value per share growth rate, 5 year10.07
EPS Change % - most recent quarter 1 year ago11.77
Net Profit Margin growth rate, 5 year6.45
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR11.66
Total Debt, 5 Year CAGR5.21
Financial strength
Net Interest coverage - most recent fiscal year2.91
Free Cash Flow - most recent fiscal year−19,072.30
LT debt/equity - most recent fiscal year1.04
Quick ratio - most recent fiscal year0.64
Payout ratio - trailing 12 month31.43
Current ratio - most recent fiscal year0.82
Total debt/total equity - most recent fiscal year1.33
Net Interest coverage - trailing 12 month3.61
Payout ratio - most recent fiscal year32.26
Returns & efficiency
Return on average equity - 5 year average13.25
Net Income/employee - trailing 12 month2,51,38,380.00
Revenue/employee - most recent fiscal year12,70,87,800.00
Return on investment - most recent fiscal year7.04
Return on average assets - most recent fiscal year5.54
Receivables turnover - most recent fiscal year3.32
Inventory turnover - most recent fiscal year4.96
Revenue/employee - trailing 12 month14,87,66,000.00
Return on average assets - 5 year average4.40
Net Income/employee - most recent fiscal year2,03,53,340.00
Asset turnover - most recent fiscal year0.35
Return on average equity - most recent fiscal year13.97
Return on investment - 5 year average5.54
Price & volume
Market Cap3,14,753.78
52 week Low Date9 Dec 2025
Price - 1 Day % Change−0.55
Relative (S&P500) price percent change - 13 week−6.06
Avg trading volume last 10 days7.56
Price - 13 week price percent change−8.70
Price - 52 week price percent change−4.96
Avg Trading Volume Last 3 months201.39
Price - 5 Day % Change−0.31
Price % Change Month To Date−0.43
Relative (S&P500) price percent change - 04 week0.87
52 week High Date27 Apr 2026
Price - 26 week price percent change−13.85
PDATE23 Sep 2026
Price - YTD price percent change−1.08
Relative (S&P500) price percent change - 52 week4.28
NPRICE326.00
Relative (S&P500) price percent change - 26 week−13.34
52 week Low315.55
52 week High414.40
Beta0.87
Relative (S&P500) price percent change - Year to Date12.66
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
₹9.00
- Dividend yield2.76%
- Payout ratio32.26%
- 5-year average dividend₹7.87 a share
- Latest dividend₹3.50 per share · 2 Sep 2026
Corporate calendar
- Dividend₹3.50 per share · 35% · Final dividend
- MeetingAnnual General Meeting
- BoardQuarterly Results & Raising of funds
- BoardAudited Results & Final Dividend
- Dividend₹2.75 per share · 28% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- Dividend₹2.75 per share · 28% · Interim dividend
- BoardQuarterly Results & Interim Dividend
Show 14 older events
- Dividend₹3.35 per share · 34% · Final dividend
- MeetingAnnual General Meeting
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- Dividend₹2.50 per share · 25% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- Dividend₹2.50 per share · 25% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- MeetingAnnual General Meeting
- Dividend₹3.25 per share · 33% · Final dividend
- Dividend₹2.25 per share · 23% · Interim dividend
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
- MeetingCOM
In the News
Recent headlines about NTPC — they open on Mint in a new tab.
- NTPC dividend alert: Maharatna PSU pays ₹3,394 crore final dividend in FY26, check payout per share, yield
NTPC Limited announced a final dividend of ₹3,393.8 crore for FY 2025-26, maintaining a 35% payout ratio. This brings total dividends to ₹8,727 crore, marking 33 years of consistent payments.
24 Sep 2026 · 1 min read · Mint ↗ - Pace Digitek shares surge 13% after announcing an order win - Order value, other details here
Pace Digitek shares surged as much as 13% in intraday trade on the BSE on Tuesday, 22 September, a day after the company announced receiving a letter of award (LOA) of ₹488.46 crore from NTPC GE Power Services.
22 Sep 2026 · 2 min read · Mint ↗ - Top stocks to buy today: Eternal, NTPC Green, Kaynes Tech, Aavas, GESHIP by Sumeet Bagadia | target price, stop-loss
Amid market volatility, Sumeet Bagadia highlights five stocks to watch—Kaynes Technology, GESHIP, NTPC Green Energy, Eternal, and AAVAS—for bullish signals. Each shows improving technical setups and performance patterns, suggesting further upside potential if key risk levels are maintained.
21 Sep 2026 · 3 min read · Mint ↗ - Uttarakhand explains 1,320 MW power tender amid questions over costs and competition
In a bid to secure reliable power, Uttarakhand's Energy Secretary defends the 1,320 MW thermal power tender against political scrutiny.
18 Sep 2026 · 2 min read · Mint ↗ - Adani Energy vs CESC vs Tata Power vs NTPC vs Power Grid: Which stock has more upside? Target price by PL Capital
Adani Energy, Coal India, Tata Power, NTPC, and Power Grid are set to benefit from upcoming power transmission projects. According to PL Capital, CESC is expected to deliver the highest return of 54%, while NTPC and Power Grid also have positive outlooks. Check target price
18 Sep 2026 · 2 min read · Mint ↗ - Barc in talks with NTPC, Adani, RIL to deploy small reactors
Barc is looking to take its 300 MW nuclear reactor module to commercial scale with private-sector participation. If viable, the reactor could account for 30 GW of India’s targeted 100 GW nuclear capacity by 2047.
17 Sep 2026 · 5 min read · Mint ↗ - BHEL approves ₹65 crore further investment in NTPC joint venture NBPPL
BHEL approved a ₹65 crore investment in its joint venture NBPPL with NTPC Ltd to settle urgent liabilities and maintain operations. The investment aims to be completed in FY2026-27, and no regulatory approvals are needed. BHEL will retain a 50% shareholding in NBPPL.
14 Sep 2026 · 2 min read · Mint ↗ - NCR power plants face strict emissions monitoring as annual pollution season draws near
The seasonal deterioration of air quality in the NCR in winter is caused by low wind speeds and a shallow atmospheric mixing layer, limiting the dispersion of pollutants and increasing the risk of prolonged episodes of poor air quality.
13 Sep 2026 · 4 min read · Mint ↗
Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →
Frequently Asked Questions
NTPC (NSE: NTPC) last traded at ₹326.60 on the NSE, up 0.00% (₹0.00) on the day, as of 24 Sep 2026, 9:59 AM. On the BSE it was ₹326.50. The day's range was ₹324.50 – ₹327.75.
NTPC's 52-week high is ₹414.40 (27 Apr 2026) and its 52-week low is ₹315.55 (9 Dec 2025). At ₹326.60 the share is 21.2% below its high and 3.5% above its low.
NTPC's market capitalisation is ₹3,16,596 Cr (₹3.17L Cr). It is part of the NIFTY 50 index.
NTPC's P/E ratio (trailing 12 months) is 12.53. The sector average is 21.69, so investors pay 42% less for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹28.64.
NTPC shares are down 4.96% over the last year, down 1.08% so far this year, down 13.85% over 6 months, down 8.70% over 3 months. Over the last year the stock did 4.28% better than the market.
In FY26 (year to Mar 2026), NTPC reported revenue of ₹1,87,385 Cr (down 0.40% on the year before) and a net profit of ₹29,517 Cr. Earnings per share were ₹27.90.
Yes. NTPC's latest dividend is ₹3.50 per share (35%, final dividend), with an ex-date of 2 Sep 2026. The dividend yield is 2.76%. It has paid 8 dividends in the records shown on this page.
Of 29 analysts covering NTPC, 28 are bullish (14 strong buy, 14 buy), 1 say hold and 0 are bearish. The consensus is Strong Buy (average rating 1.55 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.
As of Jun 2026: Promoter 51.10%, FII 16.30%, MF 17.40%, Other 15.20%.
No. NTPC has debt — its debt-to-equity ratio is 1.33 and total debt was ₹2,71,005 Cr in FY26. Its operating profit covers interest 2.91 times.