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5330

NHPCBSE:533098 Stock Report

Market Cap

₹279.3b

7D

-0.4%

1Y

35.6%

Updated

27 Sep, 2021

Data

Company Financials +
533098 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends5/6

533098 Overview

NHPC Limited, together with its subsidiaries, generates and sells electricity in India.

NHPC Competitors

JSW Energy

BSE:533148

₹575.2b

Tata Power

BSE:500400

₹443.4b

Adani Power

NSEI:ADANIPOWER

₹374.1b

Torrent Power

NSEI:TORNTPOWER

₹237.9b

Price History & Performance

Summary of all time highs, changes and price drops for NHPC
Historical stock prices
Current Share Price₹27.80
52 Week High₹19.00
52 Week Low₹28.55
Beta0.25
1 Month Change4.91%
3 Month Change7.96%
1 Year Change35.61%
3 Year Change20.61%
5 Year Change8.38%
Change since IPO-23.63%

Recent News & Updates

Shareholder Returns

533098IN Renewable EnergyIN Market
7D-0.4%1.1%0.8%
1Y35.6%94.1%67.5%

Return vs Industry: 533098 underperformed the Indian Renewable Energy industry which returned 94.1% over the past year.

Return vs Market: 533098 underperformed the Indian Market which returned 67.5% over the past year.

Price Volatility

Is 533098's price volatile compared to industry and market?
533098 volatility
533098 Beta0.25
Industry Beta0.47
Market Beta1

Stable Share Price: 533098 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 533098's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19755,569Abhay Singhhttps://www.nhpcindia.com

NHPC Limited, together with its subsidiaries, generates and sells electricity in India. The company generates electricity through hydro, wind, and solar power stations. It owns and operates 24 power stations with an installed capacity of 7071.2 megawatts.

NHPC Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
533098 income statement (TTM)
Revenue₹92.86b
Cost of Revenue₹8.35b
Gross Profit₹84.51b
Expenses₹50.58b
Earnings₹33.93b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

May 30, 2022

Earnings per share (EPS)3.38
Gross Margin91.01%
Net Profit Margin36.54%
Debt/Equity Ratio66.9%

How did 533098 perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

47%

Payout Ratio

Valuation

Is NHPC undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 533098 (₹27.8) is trading below our estimate of fair value (₹64.29)

Significantly Below Fair Value: 533098 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 533098 is good value based on its PE Ratio (8.2x) compared to the Indian Renewable Energy industry average (15.6x).

PE vs Market: 533098 is good value based on its PE Ratio (8.2x) compared to the Indian market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: 533098 is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: 533098's PB Ratio (0.8x) is in line with the IN Renewable Energy industry average.


Future Growth

How is NHPC forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 533098's forecast earnings growth (5.5% per year) is below the savings rate (6.8%).

Earnings vs Market: 533098's earnings (5.5% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 533098's earnings are forecast to grow, but not significantly.

Revenue vs Market: 533098's revenue (9.9% per year) is forecast to grow slower than the Indian market (12.6% per year).

High Growth Revenue: 533098's revenue (9.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 533098's Return on Equity is forecast to be low in 3 years time (10.3%).


Past Performance

How has NHPC performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 533098 has high quality earnings.

Growing Profit Margin: 533098's current net profit margins (36.5%) are higher than last year (26.7%).


Past Earnings Growth Analysis

Earnings Trend: 533098's earnings have grown by 3.8% per year over the past 5 years.

Accelerating Growth: 533098's earnings growth over the past year (24.9%) exceeds its 5-year average (3.8% per year).

Earnings vs Industry: 533098 earnings growth over the past year (24.9%) exceeded the Renewable Energy industry -11.2%.


Return on Equity

High ROE: 533098's Return on Equity (10.3%) is considered low.


Financial Health

How is NHPC's financial position?


Financial Position Analysis

Short Term Liabilities: 533098's short term assets (₹93.7B) exceed its short term liabilities (₹69.6B).

Long Term Liabilities: 533098's short term assets (₹93.7B) do not cover its long term liabilities (₹302.8B).


Debt to Equity History and Analysis

Debt Level: 533098's debt to equity ratio (66.9%) is considered high.

Reducing Debt: 533098's debt to equity ratio has increased from 57.8% to 66.9% over the past 5 years.

Debt Coverage: 533098's debt is well covered by operating cash flow (21.1%).

Interest Coverage: 533098's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Dividend

What is NHPC current dividend yield, its reliability and sustainability?

5.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 533098's dividend (5.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 533098's dividend (5.65%) is in the top 25% of dividend payers in the Indian market (1.45%)


Stability and Growth of Payments

Stable Dividend: 533098's dividend payments have been volatile in the past 10 years.

Growing Dividend: 533098's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.5%), 533098's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 533098's dividends in 3 years are forecast to be covered by earnings (56% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Abhay Singh (59 yo)

1.58yrs

Tenure

₹7,856,902

Compensation

Shri. Abhay Kumar Singh serves as Chairman and Managing Director of NHPC Limited since February 24, 2020. Mr. Singh started his professional journey in 1985 with joining NHPC at Tanakpur HE Project (120 MW...


CEO Compensation Analysis

Compensation vs Market: Abhay's total compensation ($USD106.45K) is below average for companies of similar size in the Indian market ($USD598.36K).

Compensation vs Earnings: Abhay's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 533098's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 533098's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

NHPC Limited's employee growth, exchange listings and data sources


Key Information

  • Name: NHPC Limited
  • Ticker: 533098
  • Exchange: BSE
  • Founded: 1975
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: ₹279.252b
  • Shares outstanding: 10.05b
  • Website: https://www.nhpcindia.com

Number of Employees


Location

  • NHPC Limited
  • NHPC Office Complex
  • Sector-33
  • Faridabad
  • Haryana
  • 121003
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 15:38
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.