Stock Analysis

NHPC Second Quarter 2023 Earnings: Beats Expectations

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NHPC (NSE:NHPC) Second Quarter 2023 Results

Key Financial Results
  • Revenue: ₹35.3b (up 20% from 2Q 2022).
  • Net income: ₹15.4b (up 15% from 2Q 2022).
  • Profit margin: 44% (down from 45% in 2Q 2022). The decrease in margin was driven by higher expenses.
  • EPS: ₹1.53 (up from ₹1.33 in 2Q 2022).
NSEI:NHPC Earnings and Revenue Growth November 13th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

NHPC Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Renewable Energy industry in Asia.

Performance of the market in India.

The company's shares are up 2.4% from a week ago.

Risk Analysis

Be aware that NHPC is showing 2 warning signs in our investment analysis that you should know about...

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