NHPC Second Quarter 2023 Earnings: Beats Expectations

Simply Wall St

November 13, 2022

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).

earnings-and-revenue-growth — 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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.