NTPC Limited
NTPC · Regulated Utility · NSE
₹402
Current Market Price
Fair Value (DCF)
₹595
Margin of Safety
+48.1%
Updated 1d ago
YieldIQ Score
68/100
Piotroski F-Score
4/9
Economic Moat
Narrow
Confidence
14%
ROE
12.3%
Debt/Equity
0.00
WACC
9.8%
Market Cap
₹3.90 Lakh Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
9.8%
Return on capital employed
EV / EBITDA
10.8×
Enterprise multiple
Debt / EBITDA
4.3×
Leverage vs earnings
Interest Coverage
3.3×
EBIT covers interest
Current Ratio
0.90×
Short-term liquidity
Asset Turnover
0.36×
Revenue per ₹ of assets
Revenue CAGR (3Y)
17.1%
3-year revenue growth
Revenue CAGR (5Y)
—
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹401.85
Bear case
₹276.07
MoS -45.6%
Base case
₹595.18
MoS +32.5%
Bull case
₹639.82
MoS +37.2%
Ratio Trends
NTPC · last 9 annual periods
ROE
12.3%
ROCE
13.3%
Operating Margin
—
Debt / Equity
1.31×
PE
14.8×
EV / EBITDA
10.2×
Historical Financials
NTPC · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹111.5K Cr | ₹116.1K Cr | ₹176.2K Cr | ₹178.5K Cr | ₹186.2K Cr | +13.7% |
| EBITDA | — | ₹43.7K Cr | ₹50.0K Cr | ₹55.6K Cr | ₹58.5K Cr | +7.6% |
| EBIT | ₹24.0K Cr | ₹26.5K Cr | ₹34.7K Cr | ₹37.6K Cr | — | +11.8% |
| PAT | ₹15.0K Cr | ₹16.1K Cr | ₹17.1K Cr | ₹21.3K Cr | ₹23.4K Cr | +11.8% |
| EPS (diluted) | ₹14.87 | ₹16.62 | ₹17.44 | ₹21.46 | — | +9.6% |
| CFO | ₹32.4K Cr | ₹35.4K Cr | ₹40.1K Cr | ₹40.8K Cr | ₹50.4K Cr | +11.7% |
| CapEx | — | — | — | — | ₹-41.3K Cr | — |
| FCF | — | — | — | — | ₹9153 Cr | +0.0% |
| Total Assets | — | ₹416.6K Cr | ₹446.0K Cr | ₹480.2K Cr | ₹524.2K Cr | +5.9% |
| Total Debt | — | — | ₹31.9K Cr | ₹44.8K Cr | ₹250.1K Cr | +67.3% |
| Shareholders' Equity | — | — | ₹147.0K Cr | ₹160.7K Cr | ₹191.1K Cr | +6.8% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
NTPC vs 3 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
| POWERGRID Power Grid Corporation of India Limited | -57.0% | 37 | High Risk | 16.8% | 17.4× |
| NLCINDIA NLC India Limited | +57.1% | 65 | Below Fair Value | 11.9% | — |
| CESC CESC | — | — | Pending | 10.9% | — |
Click a ticker to view its fair-value analysis.
Dividend History
23 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹40.00/sh
Last payout
2026-02-06
₹2.75
Peak payout
₹4.25
Trailing yield
2.20%
Amounts parsed from NSE subject lines; percent-of-face-value declarations are not converted and shown as missing.
Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of NTPC →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for NTPC →
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Head-to-head with peers
Compare NTPC side by side →
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Analyse NTPCNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.