N

NHPC Limited

NHPCNSE
Market snapshot · 2026-08-11 06:04 UTC

76.34

₹-0.86 (-1.11%)

MARKET CAP

₹76.68K Cr

STOCK P/E

27.9x

52W HIGH

₹89.22

52W LOW

₹71.62

BOOK VALUE

₹41.15

EPS

₹2.74

ROE

SECTOR

Utilities

DEBT/EQUITY

113.11

VOLUME

27.21L

P/B RATIO

1.86x

PEG RATIO

10.10

Sector

Utilities

Themes

Renewable EnergyGreen EnergyPsuMiniratna
D
Dividend
E
Earnings
₹86.26₹83.14₹80.03₹76.91₹73.79VolumeDEEEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for NHPC.

6.00 analysts

Price Forecast

Current
₹77.20
High Target
₹117.00
▲ +51.6%
Median Target
₹84.00
▲ +8.8%
Low Target
₹72.00
▼ -6.7%
Now₹77.20High ₹117.00Median ₹84.00Low ₹72.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
6 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹66.58 - ₹90.7380%
6M₹62.87 - ₹97.3980%
12M₹58.21 - ₹108.0880%
Realized vol: +24.1% · Drift: +5.6%

Revenue Forecast

₹ Cr
Jun '26Current₹3,537.0
Sep 2026 ETrend estimate range
High₹3,414.9Base₹3,162.0Low₹2,909.0
Sep '25: ₹2,732.0 · Dec '25: ₹1,877.0 · Mar '26: ₹2,741.0 · Jun '26: ₹3,537.0 · Sep '26: ₹3,162.0 · Dec '26: ₹2,172.4
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2,732.01,877.02,741.03,537.03,162.02,172.4
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹1.11
Sep 2026 ETrend estimate range
High₹1.23Base₹1.10Low₹0.97
Sep '25: ₹0.92 · Dec '25: ₹0.29 · Mar '26: ₹1.32 · Jun '26: ₹1.11 · Sep '26: ₹1.10 · Dec '26: ₹0.35
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E0.920.291.321.111.100.35
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
65%
Analyst Consensus
Weakening

From 6 analysts

Mean upside+13.8%

Fundamentals

Moderate

Fundamentals institutional score is 63 using growth durability 63.1.

Valuation

Fairly valued

Valuation institutional score is 68 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 48 using mean target upside 13.8%; dispersion penalty 20.5; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 72 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation and technical structure provide support, while analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Fairly valuedAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price87.8 target
Mean Upside+13.8%
Technical Score73%
Fundamental Score63%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 2.9% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -0.08). Confidence: 84%.

Live forward EPS implies next-12-month EPS of ₹6.40. Applying the stock's normalized valuation corridor produces a fair range of ₹176.58 to ₹200.19, with base value near ₹186.37 (+141.4% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹6.40

Forward P/E

12.1x

Base Fair Value

₹186.37

Fair Range

₹176.58 - ₹200.19

Upside To Base

+141.4%

Estimate Source

Live forward EPS

Growth Estimate

+2.8%

P/E
Strongly Undervalued

5Y Average

22.35

Current

28.28

Overvalued

31.28

Undervalued

27.59

EV/EBITDA
Strongly Overvalued

5Y Average

18.38

Current

23.25

Overvalued

24.63

Undervalued

11.19

P/B
Undervalued

5Y Average

2.00

Current

1.88

Overvalued

2.30

Undervalued

1.70

Peers & Comparison

Sector: Utilities · Theme: Renewable Energy

Renewable Energy Peers5 peers
Avg P/E: 78.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SJVN LTD
SJVNRenewable Energy
+52.0%12.8%
41.8x
Undervalued
-47% vs avg
-30.6%
ACME SOLAR HOLDINGS LTD
ACMESOLARRenewable Energy
+46.8%21.1%
38.1x
Undervalued
-51% vs avg
+27.9%
ADANI GREEN ENERGY LTD
ADANIGREENRenewable Energy
+16.6%13.1%
132.2x
Premium
+69% vs avg
+47.1%
NTPC GREEN ENERGY LIMITED
NTPCGREENRenewable Energy
+62.7%18.5%
148.0x
Premium
+89% vs avg
-10.1%
TATA POWER CO LTD
TATAPOWERPower Transmission & Distribution
+5.6%6.1%
31.3x
Undervalued
-60% vs avg
-0.6%
WHY THESE PEERS

NHPC LTD trades at a discount (27.9x vs peer avg 78.3x), suggesting potential undervaluation relative to the Renewable Energy cohort. Peers include SJVN LTD, ACME SOLAR HOLDINGS LTD, ADANI GREEN ENERGY LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹3.54K CrJun 2026

Latest net profit

₹1.11K CrJun 2026

Latest EPS

₹1.11Jun 2026

Net margin

61.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-25.0%0.0%25.0%50.0%75.0%0.00 Cr900 Cr1.80K Cr2.70K Cr3.60K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr900 Cr1.80K Cr2.70K Cr3.60K Cr₹0₹0₹1₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr900 Cr1.80K Cr2.70K Cr3.60K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-35.00K Cr0.00 Cr35.00K Cr70.00K Cr1.05L Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +2,5712,4851,6951,6492,4162,5491,9702,0592,9772,7321,8772,7413,537
Expenses +1,1851,0621,2266551,0011,1181,1811,0251,3321,2141,9101,9561,371
Operating Profit1,3861,4234699941,4151,4317901,0341,6461,518-327852,166
OPM %54%57%28%60%59%56%40%50%55%56%-1.7%29%61%
Other Income +3011536417524223964793064123801,567375449
Interest115126132349228298651-30252269302585602
Depreciation276277278280282271279293414420435621578
Profit before tax1,2961,1747001,1171,3271,2583381,0771,3911,209797-451,435
Tax %19%-23%22%38%23%29%19%17%23%23%63%-3,021%22%
Net Profit +1,0531,4475426931,0188982748941,0729262931,3281,113
EPS in Rs1.051.440.540.691.010.890.270.891.070.920.291.321.11
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +67.40%67.40%67.40%67.40%61.39%
FIIs +9.31%10.05%10.39%10.34%12.29%
DIIs +10.63%10.54%10.31%10.78%14.54%
Government +1.13%1.13%1.13%1.13%1.13%
Public +11.52%10.88%10.77%10.36%10.64%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Intimation For The Date Of Hearing In The Matter Of Scheme Of Amalgamation Between Jalpower Corporation Limited And NHPC Limited

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 06, 2026PDFCompany Reports Open

Presentation On Unaudited Financial Results For The Quarter Ended On June 30, 2026

Aug 05, 2026PDFCompany Reports Open

Business Responsibility and Sustainability Reporting (BRSR)

Aug 05, 2026PDFCompany Reports Open