NTPC Limited

NSEI:NTPC Stock Report

Market Cap: ₹3.2t

NTPC Past Earnings Performance

Past criteria checks 3/6

NTPC has been growing earnings at an average annual rate of 12.9%, while the Renewable Energy industry saw earnings growing at 33.5% annually. Revenues have been growing at an average rate of 11.7% per year. NTPC's return on equity is 12.2%, and it has net margins of 12.7%.

Key information

12.86%

Earnings growth rate

13.08%

EPS growth rate

Renewable Energy Industry Growth39.78%
Revenue growth rate11.68%
Return on equity12.23%
Net Margin12.72%
Last Earnings Update30 Sep 2025

Recent past performance updates

NTPC's (NSE:NTPC) Profits May Not Reveal Underlying Issues

Jun 01
NTPC's (NSE:NTPC) Profits May Not Reveal Underlying Issues

Recent updates

NTPC Limited Just Missed EPS By 9.8%: Here's What Analysts Think Will Happen Next

Nov 02
NTPC Limited Just Missed EPS By 9.8%: Here's What Analysts Think Will Happen Next

There's No Escaping NTPC Limited's (NSE:NTPC) Muted Earnings

Oct 20
There's No Escaping NTPC Limited's (NSE:NTPC) Muted Earnings

These 4 Measures Indicate That NTPC (NSE:NTPC) Is Using Debt Extensively

Sep 28
These 4 Measures Indicate That NTPC (NSE:NTPC) Is Using Debt Extensively

Here's What To Make Of NTPC's (NSE:NTPC) Decelerating Rates Of Return

Sep 10
Here's What To Make Of NTPC's (NSE:NTPC) Decelerating Rates Of Return

We Take A Look At Why NTPC Limited's (NSE:NTPC) CEO Has Earned Their Pay Packet

Aug 23
We Take A Look At Why NTPC Limited's (NSE:NTPC) CEO Has Earned Their Pay Packet

NTPC Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 01
NTPC Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

NTPC Limited's (NSE:NTPC) Business And Shares Still Trailing The Market

Jul 07
NTPC Limited's (NSE:NTPC) Business And Shares Still Trailing The Market

Here's Why NTPC (NSE:NTPC) Has A Meaningful Debt Burden

Jun 19
Here's Why NTPC (NSE:NTPC) Has A Meaningful Debt Burden

NTPC's (NSE:NTPC) Profits May Not Reveal Underlying Issues

Jun 01
NTPC's (NSE:NTPC) Profits May Not Reveal Underlying Issues

NTPC Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 27
NTPC Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Here's Why We Think NTPC (NSE:NTPC) Is Well Worth Watching

Apr 25
Here's Why We Think NTPC (NSE:NTPC) Is Well Worth Watching

Little Excitement Around NTPC Limited's (NSE:NTPC) Earnings

Mar 16
Little Excitement Around NTPC Limited's (NSE:NTPC) Earnings

The Return Trends At NTPC (NSE:NTPC) Look Promising

Feb 28
The Return Trends At NTPC (NSE:NTPC) Look Promising

Is NTPC (NSE:NTPC) Using Too Much Debt?

Jan 02
Is NTPC (NSE:NTPC) Using Too Much Debt?

There's No Escaping NTPC Limited's (NSE:NTPC) Muted Earnings

Dec 03
There's No Escaping NTPC Limited's (NSE:NTPC) Muted Earnings
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Expanding Green Ventures And Innovating Energy For Sustainable Growth Success

NTPC's diversification into renewable energy and energy storage suggests potential for revenue growth and long-term earnings stability aligned with clean energy trends.

Revenue & Expenses Breakdown

How NTPC makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:NTPC Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251,867,543237,51168,2670
30 Jun 251,866,745239,58967,5070
31 Mar 251,881,381234,22568,2990
31 Dec 241,858,918219,80066,7580
30 Sep 241,836,593220,72766,7110
30 Jun 241,839,464214,12866,3310
31 Mar 241,785,248208,11966,1980
31 Dec 231,751,317195,03865,8510
30 Sep 231,769,135191,25266,8360
30 Jun 231,761,049178,49065,6450
31 Mar 231,762,072169,12665,7640
31 Dec 221,690,391172,18464,3650
30 Sep 221,577,299169,40462,9350
30 Jun 221,459,584172,01263,6840
31 Mar 221,326,693166,75963,1810
31 Dec 211,256,868160,51258,7000
30 Sep 211,199,202153,19158,5090
30 Jun 211,152,244151,55859,1150
31 Mar 211,115,312146,34659,6350
31 Dec 201,118,191116,27563,5130
30 Sep 201,107,714111,25261,8810
30 Jun 201,087,726114,03859,5470
31 Mar 201,094,640116,00258,4550
31 Dec 19986,930142,64248,7950
30 Sep 19987,717136,83148,7260
30 Jun 19976,599127,76249,0720
31 Mar 191,002,865137,36758,1710
31 Mar 18880,833105,44048,4580
31 Mar 17820,425107,19645,5800
31 Mar 16734,264108,01237,0730
31 Mar 15806,11999,86338,7030

Quality Earnings: NTPC has high quality earnings.

Growing Profit Margin: NTPC's current net profit margins (12.7%) are higher than last year (12%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NTPC's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: NTPC's earnings growth over the past year (7.6%) is below its 5-year average (12.9% per year).

Earnings vs Industry: NTPC earnings growth over the past year (7.6%) did not outperform the Renewable Energy industry 18.4%.


Return on Equity

High ROE: NTPC's Return on Equity (12.2%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/21 11:30
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NTPC Limited is covered by 52 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
Satyadeep JainAmbit Capital