NHPC Limited

BSE: NHPC533098ISIN INE848E01016

Utilities
Power Generation
BSE 200

BSE listing

Share price

₹76.50+1.43 (+1.90%)

as of 18 Sep 2026

52W high: ₹89.20
52W low: ₹68.66
Off 52W high: -14.24%
1M return: +0.66%
3M return: +0.95%
6M return: -0.40%
1Y return: -12.16%
20D avg volume: 5,87,654
50 DMA: ₹77.48
200 DMA: ₹77.76

Key ratios Consolidated

Market cap: ₹76,845 Cr
Current price: ₹76.50
52W high / low: ₹89.20 / ₹68.66
Face value: ₹10.00
P/E: 18.01
P/B: —
EPS (TTM): ₹4.25
Book value / share: —
ROE: —
ROCE: 4.10%
Operating margin: —
Net margin: —
Debt / equity: 1.08
Net debt: ₹50,173 Cr
Interest cover: 3.04
Dividend yield: 2.10%
Dividend / share (TTM): ₹1.61
Payout: 37.88%
Cash conversion cycle: 79.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,808	2,816	2,221	3,365	3,214	2,347	2,287	3,052	2,694	1,888	2,056	2,931
	151.41	304.99	272.10	264.72	228.99	325.44	330.13	350.16	343.72	432.04	494.19	182.56
	2,662	2,836	2,776	2,058	2,109	1,559	2,218	1,831	1,618	1,394	1,728	1,574
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	401.01	401.97	346.41	326.46	423.50	421.15	686.70	373.27	342.48	403.88	337.83	353.90
	605.76	574.28	310.25	277.69	260.80	12.09	655.50	292.69	90.16	91.48	97.04	104.82
	599.65	642.01	456.61	441.46	435.77	314.74	296.71	285.26	296.33	299.49	296.23	294.86
	1,055	1,218	1,663	1,012	988.76	835.63	474.70	565.62	606.04	845.13	849.87	422.39
	1,298	284.63	-283.16	1,572	1,334	1,113	399.38	1,571	1,420	926.51	821.84	1,540
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1,298	284.63	-283.16	1,572	1,334	1,113	399.38	1,571	1,420	926.51	821.84	1,540
	375.61	1,823	573.28	535.99	387.15	247.15	104.23	605.22	398.86	505.71	285.84	74.95
	1,178	1,549	320.60	1,219	1,131	919.63	330.13	1,069	1,108	610.93	628.44	1,693
	1.09	1.45	0.22	1.02	1.06	0.85	0.23	0.90	1.02	0.55	0.49	1.54
Key metrics
	2,504	1,501	483.70	2,292	2,030	1,440	1,352	2,149	1,806	1,317	1,215	1,940
	65.70%	53.30%	21.80%	68.10%	63.20%	61.30%	59.10%	70.40%	67.00%	69.80%	59.10%	66.20%
	30.90%	55.00%	14.40%	36.20%	35.20%	39.20%	14.40%	35.00%	41.10%	32.40%	30.60%	57.80%
	—	0.80%	—	1.80%	—	1.20%	—	—	—	—	—	—
	18.50%	20.00%	-2.90%	10.30%	19.30%	24.30%	11.30%	4.10%	—	—	—	—
	4.10%	68.50%	-2.90%	14.00%	2.00%	50.50%	-47.50%	-36.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	12,210	11,615	10,380	9,632	10,607	9,189	9,648	10,008	8,983	7,751
	993.22	1,071	1,349	1,362	677.50	964.06	1,057	768.57	863.94	1,101
	10,331	9,778	7,242	6,350	6,028	5,724	6,249	6,924	6,536	5,951
	0.00	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	1,476	1,498	1,824	1,418	1,435	1,555	1,540	1,676	1,850	1,708
	1,768	1,423	1,189	402.38	474.26	532.28	649.95	795.98	895.14	922.64
	2,140	1,976	1,193	1,184	1,215	1,190	1,298	1,614	1,658	—
	4,947	4,881	3,036	2,530	1,964	1,558	1,690	1,699	1,320	1,120
	2,872	2,908	4,487	4,644	5,257	4,429	4,456	3,853	3,311	2,901
	0.00	0.00	0.00	0.00	0.00	0.00	-185.00	0.00	0.00	0.00
	2,872	2,908	4,487	4,644	5,257	4,429	4,271	3,853	3,311	2,901
	3,308	-326.78	1,355	1,015	976.24	556.98	900.98	290.50	1,324	862.85
	4,267	4,220	3,412	4,028	4,235	3,774	3,582	3,325	2,836	2,775
	3.78	3.75	2.99	3.61	3.87	3.51	3.24	2.86	2.54	—
Key metrics
	6,780	6,307	6,869	6,230	6,946	6,151	6,220	6,263	5,864	3,824
	55.53%	54.30%	66.20%	64.70%	65.50%	66.90%	64.50%	62.60%	65.30%	49.30%
	34.95%	36.30%	32.90%	41.80%	39.90%	41.10%	37.10%	33.20%	31.60%	35.80%
	—	4.10%	6.10%	—	—	—	—	—	—	—
	—	11.90%	7.80%	-9.20%	15.40%	-4.80%	-3.60%	11.40%	15.90%	—
	—	23.70%	-15.30%	-4.90%	12.20%	5.40%	7.70%	17.20%	2.20%	—
	—	-8,279	-3,825	—	—	—	—	—	—	—
	—	0.78	1.47	—	—	—	—	—	—	—
	—	1.08	0.87	—	—	—	—	—	—	—
	—	50,173	38,633	—	—	—	—	—	—	—
	—	79.6	166.2	—	—	—	—	—	—	—
Balance sheet
	—	1,20,011	1,02,678	—	—	—	—	—	—	—
	—	14,667	11,261	—	—	—	—	—	—	—
	—	1,961	801.59	—	—	—	—	—	—	—
	—	2,629	4,793	—	—	—	—	—	—	—
	—	293.88	257.11	—	—	—	—	—	—	—
	—	1,399	1,268	—	—	—	—	—	—	—
	—	50,276	22,157	—	—	—	—	—	—	—
	—	387.04	321.39	—	—	—	—	—	—	—
	—	14,106	10,176	—	—	—	—	—	—	—
	—	52,134	39,434	—	—	—	—	—	—	—
	—	5,960	3,752	—	—	—	—	—	—	—
	—	46,174	35,682	—	—	—	—	—	—	—
	—	48,405	45,163	—	—	—	—	—	—	—
Cash flow
	—	3,294	5,026	—	—	—	—	—	—	—
	—	-11,139	-7,550	—	—	—	—	—	—	—
	—	8,928	1,904	—	—	—	—	—	—	—
	—	11,572	8,851	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,537	2,741	1,877	2,732	2,977	2,059	1,970	2,551	2,418	1,652	1,697	2,485
	205.27	374.94	429.13	262.33	255.44	396.81	455.18	370.48	368.51	590.88	621.08	129.12
	2,551	2,711	2,647	1,903	1,998	1,405	2,111	1,689	1,513	1,285	1,638	1,465
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	367.46	371.92	310.03	290.83	391.31	366.99	651.72	318.03	310.50	368.81	309.18	321.23
	602.01	585.15	302.14	269.34	252.34	-30.38	651.37	297.71	93.29	94.54	101.27	114.81
	578.12	620.71	434.93	419.81	414.24	293.10	279.22	270.79	281.95	280.19	278.20	276.88
	1,004	1,133	1,600	922.87	940.60	775.09	425.45	488.56	545.92	788.06	803.01	354.54
	1,191	405.05	-340.39	1,092	1,234	1,051	314.32	1,233	1,273	957.78	679.91	1,150
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	1,191	405.05	-340.39	1,092	1,234	1,051	314.32	1,233	1,273	957.78	679.91	1,150
	321.73	-1,373	504.21	283.28	319.56	182.85	64.81	360.27	308.15	423.80	157.34	273.10
	1,113	1,328	292.87	925.52	1,072	893.92	273.60	905.25	1,024	697.76	546.13	1,447
	1.11	1.32	0.29	0.92	1.07	0.89	0.27	0.90	1.02	0.69	0.54	1.44
Key metrics
	2,371	1,611	396.68	1,781	1,901	1,313	1,245	1,802	1,648	1,333	1,059	1,542
	67.00%	58.80%	21.10%	65.20%	63.80%	63.80%	63.20%	70.60%	68.20%	80.70%	62.40%	62.00%
	31.50%	48.40%	15.60%	33.90%	36.00%	43.40%	13.90%	35.50%	42.30%	42.20%	32.20%	58.20%
	—	1.20%	—	1.60%	—	1.30%	—	—	—	—	—	—
	18.80%	33.20%	-4.70%	7.10%	23.10%	24.60%	16.10%	2.60%	—	—	—	—
	3.90%	48.50%	7.00%	2.20%	4.70%	28.10%	-49.90%	-37.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	10,888	10,328	8,994	8,405	9,316	8,354	8,507	8,735	8,161	6,934
	1,272	1,322	1,579	1,620	834.56	1,026	1,151	1,036	924.78	1,491
	9,812	9,259	6,714	5,963	5,567	5,333	5,786	6,507	6,165	5,619
	0.00	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	1,340	1,364	1,644	1,297	1,301	1,441	1,409	1,516	1,705	1,585
	1,759	1,409	1,147	425.13	476.16	531.75	649.59	795.42	894.88	922.32
	2,054	1,890	1,125	1,111	1,145	1,126	1,234	1,545	1,590	1,406
	4,660	4,597	2,799	2,316	1,708	1,349	1,426	1,515	1,166	989.18
	2,347	2,391	3,859	4,062	4,584	4,047	3,871	3,265	2,921	2,806
	0.00	0.00	0.00	—	—	—	-185.00	—	—	—
	2,347	2,391	3,859	4,062	4,584	4,047	3,686	3,265	2,921	2,806
	-263.77	-265.94	916.07	551.54	605.40	761.27	680.13	601.00	1,114	767.09
	3,659	3,618	3,084	3,744	3,834	3,538	3,233	3,007	2,631	2,759
	3.64	3.60	3.07	3.73	3.82	3.52	3.22	2.99	2.57	—
Key metrics
	6,159	5,689	6,131	5,598	6,205	5,705	5,570	5,605	5,406	5,134
	56.57%	55.10%	68.20%	66.60%	66.60%	68.30%	65.50%	64.20%	66.20%	74.00%
	33.61%	35.00%	34.30%	44.50%	41.20%	42.30%	38.00%	34.40%	32.20%	39.80%
	—	4.40%	6.40%	—	—	—	—	—	—	—
	—	14.80%	7.00%	-9.80%	11.50%	-1.80%	-2.60%	7.00%	17.70%	—
	—	17.30%	-17.60%	-2.30%	8.40%	9.40%	7.50%	14.30%	-4.60%	—
	—	-3,850	-335.61	—	—	—	—	—	—	—
	—	0.65	1.35	—	—	—	—	—	—	—
	—	1.11	0.94	—	—	—	—	—	—	—
	—	43,175	35,396	—	—	—	—	—	—	—
	—	82.4	176.8	—	—	—	—	—	—	—
Balance sheet
	—	98,464	87,121	—	—	—	—	—	—	—
	—	10,937	8,238	—	—	—	—	—	—	—
	—	1,042	583.44	—	—	—	—	—	—	—
	—	2,406	4,411	—	—	—	—	—	—	—
	—	278.27	243.21	—	—	—	—	—	—	—
	—	1,367	1,216	—	—	—	—	—	—	—
	—	47,431	19,275	—	—	—	—	—	—	—
	—	351.61	298.04	—	—	—	—	—	—	—
	—	12,513	8,759	—	—	—	—	—	—	—
	—	44,218	35,979	—	—	—	—	—	—	—
	—	5,877	3,719	—	—	—	—	—	—	—
	—	38,340	32,260	—	—	—	—	—	—	—
	—	39,972	38,348	—	—	—	—	—	—	—
Cash flow
	—	2,349	4,160	—	—	—	—	—	—	—
	—	-5,682	-4,412	—	—	—	—	—	—	—
	—	3,714	-87.21	—	—	—	—	—	—	—
	—	6,199	4,496	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.50%
Sales CAGR 5Y: +3.96%
Sales CAGR 10Y: —
Profit CAGR 3Y: -1.91%
Profit CAGR 5Y: +2.27%
Profit CAGR 10Y: —
Sales YoY (TTM): +13.92%
Profit YoY (TTM): +16.37%

Consolidated

Sales CAGR 3Y: +3.07%
Sales CAGR 5Y: +3.78%
Sales CAGR 10Y: —
Profit CAGR 3Y: -0.11%
Profit CAGR 5Y: +3.33%
Profit CAGR 10Y: —
Sales YoY (TTM): +12.02%
Profit YoY (TTM): +23.69%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 61.39%

Holder	Type	Holding	Previous	Change
PRESIDENT OF INDIA	Promoter	61.39%	—	—
LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091	Public	5.68%	—	—
SBI NIFTY MIDCAP 150 ETF	Public	2.84%	—	—
BHARAT 22 ETF	Public	1.25%	—	—
NEW WORLD FUND INC	Public	1.19%	—	—
CPSE EXCHANGE TRADED SCHEME (CPSE ETF)	Public	1.09%	—	—
POWER FINANCE CORPORATION LTD	Public	1.02%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

In compliance to Regulation 30 of SEBI LODR, ESG Rating of 64 to NHPC Limited as received from M/s Niche Ninety Nine Capabilities and Certifications (OPC) Private Limited is submitted. ....16 Sep 2026 · Company Update / General
In compliance to Regulation 8(2) of SEBI PIT Regulations, 2015, copy of amended "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" is submitted. ....15 Sep 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Publication in newspapers regarding special window for transfer and dematerialization of physical shares is submitted.10 Sep 2026 · Company Update / Newspaper Publication
In continuation to earlier letter dated 23.03.2026 and in compliance to Regulation 30 of SEBI LODR, intimation regarding receipt of ESG Score from M/s ESG Risk Assessments & Insights Limited ....9 Sep 2026 · Company Update / General
In compliance to Regulation 30 of SEBI LODR, information regarding appointment of Joint Statutory Auditors for the FY 2026-27 by the Comptroller & Auditor General of India is submitted. ....8 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
In continuation to our earlier letter dated 14.08.2023 and in compliance to Regulation 30 of SEBI LODR, disclosure regarding arbitral award pronounced by AT in the matter of M/s BGS-SGS ....2 Sep 2026 · Company Update / General
In compliance to Regulation 30 of SEBI LODR, revision in ESG Score of NHPC by S&P Global is submitted. The details given in the attached letter.29 Aug 2026 · Company Update / General
In compliance to Regulation 44 of SEBI LODR, the voting result, scrutinizers report along with declaration of results of 50th AGM held on 28.08.2026 is submitted. The details given in attached letter.28 Aug 2026 · AGM/EGM / AGM
In compliance to Regulation 30 of SEBI LODR, intimation regarding participation in the Investors' Conference held on 03.09.2026 is submitted. The details given in the attached letter.28 Aug 2026 · Company Update / Analyst / Investor Meet
In compliance to Regulation 30 of SEBI LODR, proceedings of 50th AGM held on 28.08.2026 at 11: 30 AM (IST) is submitted. The details given in the attached letter.28 Aug 2026 · AGM/EGM / AGM
In compliance to Regulation 30 of SEBI LODR, intimation regarding appointment of Cost Auditors of Company for FY 2026-27 is submitted. The other details is given in the attached letter.28 Aug 2026 · Company Update / General
In compliance to Regulation 30 of EBI LODR, postponement of final hearing date scheduled to be held on 25.08.2026 at 11:30A.M. in the matter of scheme of amalgamation between JPCL and NHPC ....21 Aug 2026 · Company Update / General
In continuation to our earlier letter dated 07.08.2026, intimation regarding publication of notice in various newspapers in respect of hearing date in the matter of scheme of amalgamation ....14 Aug 2026 · Company Update / Newspaper Publication
In continuation to our earlier letter dated 29.09.2025 and in compliance to Regulation 30 of SEBI LODR, it is to inform that MCA has fixed 25.08.2026 as hearing date in the matter of scheme ....7 Aug 2026 · Company Update / General
In compliance to Regulation 30 of SEBI LODR, newspaper advertisement published on 06.08.2026 for 50th AGM is submitted.6 Aug 2026 · Company Update / Newspaper Publication
Presentation on unaudited financial results for the quarter ended on June 30, 2026 is submitted.5 Aug 2026 · Company Update / General
In compliance with Regulation 34(2)(f) of SEBI LODR, the BRSR for FY 2025-26 is submitted. The other details are given in the attached letter.5 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 50th Annual General Meeting of NHPC Limited scheduled to be held on August 28, 2026 at 11:30 A.M. (IST) through VC/ OAVM and Annual Report 2025-26 is attached herewith.5 Aug 2026 · AGM/EGM / AGM
In compliance to Regulations 30 and 34 of SEBI (LODR) Regulations, 2015, the Annual Report for FY 2025-26 including Notice of 50th AGM of the Company is submitted.5 Aug 2026 · Others / Reg. 34 (1) Annual Report
In compliance to Regulation 30 of SEBI LODR, intimation regarding newspaper advertisement for 50th AGM of NHPC Limited held through VC/ OAVM, Book Closure and Record date is submitted.5 Aug 2026 · Company Update / Newspaper Publication
In compliance to Regulation 30 and 33 of SEBI LODR, integrated financial results (standalone & consolidated) for quarter ended 30.06.2026 is submitted. The details given in the attached letter.4 Aug 2026 · Result / Financial Results
In compliance to Regulation 30 & 33 of SEBI LODR, the unaudited financial results (standalone & consolidated) for the quarter ended 30.06.2026 is submitted. The other details given in the ....4 Aug 2026 · Board Meeting / Outcome of Board Meeting
In compliance to Regulation 30 of SEBI LODR, intimation regarding ESG Score as received from M/s Crisil ESG Rating & Analytics Ltd is submitted. The other details are given in the attached letter.3 Aug 2026 · Company Update / General
In compliance to Regulation 42 of SEBI LODR, intimation regarding record date for final dividend for FY 2025-26 is submitted. The other details are given in the attached letter.3 Aug 2026 · Corp. Action / Record Date
The intimation for convening 50th AGM, Closure of Register of Members & Share Transfer Books, Fixation of record date is submitted. The other details are given in the attached letter.3 Aug 2026 · Company Update / General
In compliance to Regulation 30 of SEBI LODR, change in Senior Management Personnel (one level below the Board) is submitted. The details given in attached letter.31 Jul 2026 · Company Update / Change in Management
In continuation to our earlier letter dated 27.07.2026 and in compliance to Regulation 30 of SEBI LODR, appointment of Shri Paresh Rasiklal Ranpara (DIN: 10183476) as Additional Director ....30 Jul 2026 · Company Update / Change in Directorate
In compliance tor Regulation 30 of SEBI LODR, intimation regarding convey of Ministry of Power order dated 27.07.2026 for appointment of Shri Paresh Rasiklal Ranpara to the post of Director ....27 Jul 2026 · Company Update / General
NHPC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2026 ,inter alia, to consider and approve the unaudited Financial Results (Standalone ....27 Jul 2026 · Board Meeting / Board Meeting
In compliance to Regulation 30 of SEBI LODR, appointment of Dr. Bernadette Lyngdoh (DIN: 11836182) as Independent Director of NHPC Limited w.e.f. 24.07.2026 is submitted. The details given ....24 Jul 2026 · Company Update / Change in Directorate
In compliance to Regulation 30 of SEBI LODR, copy of notice to equity shareholders regarding transfer of equity shares to IEPF Authority, published in Business Standard (English-All Editions) ....22 Jul 2026 · Company Update / Newspaper Publication
In compliance to Regulation 30 of SEBI LODR, a advance copy of press release dated 21.07.2026 regarding incident at Teesta VI HE Project (500 MW), Sikkim is submitted.21 Jul 2026 · Company Update / Press Release / Media Release
Publication in newspapers regarding special window for transfer and dematerialization of physical shares is submitted.20 Jul 2026 · Company Update / Newspaper Publication
In compliance to Regulation 30 of SEBI LODR, intimation regarding convey of Ministry of Power letter dated 16.07.2026 for appointment of Dr. Bernadette Lyngdoh as Non-Official Independent ....16 Jul 2026 · Company Update / General
In compliance to Regulation 30 of SEBI LODR, resumption of commercial operation of last unit i.e. Unit#3 (170 MW) of Teesta V Power Station (3x170 MW) on 16.07.2026 (00:00 Hrs) is submitted.16 Jul 2026 · Company Update / General
In compliance to Regulation 30 of SEBI LODR, resumption of commercial operation of two units (170 MW each) of Teesta V Power Station (3x170 MW), Sikkim is submitted13 Jul 2026 · Company Update / General
In compliance to Regulation 74(5) of SEBI (DP) Regulation 2018, the certificate for the quarter ended on 30th June 2026, as received from RTA is submitted.3 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
In compliance to Regulation 30 of SEBI (LODR), change in Senior Management Personnel (one level below the board) is submitted. The details given in attached letter.30 Jun 2026 · Company Update / Change in Management
Intimation regarding closure of trading window for dealing in the securities of the Company is submitted.23 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
In compliance to Regulation 30 of SEBI LODR, signing of Memorandum of Agreement on 16.06.2026 between NHPC and Government of Arunachal Pradesh for implementation of Etalin HEP (3097 MW) is submitted.16 Jun 2026 · Company Update / Memorandum of Understanding /Agreements

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.2100	12 Aug 2026	12 Aug 2026	—
Interim Dividend - Rs. - 1.4000	10 Feb 2026	10 Feb 2026	—
Final Dividend - Rs. - 0.5100	14 Aug 2025	14 Aug 2025	—
Interim Dividend - Rs. - 1.4000	13 Feb 2025	13 Feb 2025	—
Final Dividend - Rs. - 0.5000	12 Aug 2024	12 Aug 2024	—

Board meetings

4 Aug 2026 Board Meeting - Financial Results