N

NTPC Limited

NTPCNSE
Market snapshot · 2026-08-11 06:35 UTC

336.40

₹-4.05 (-1.19%)

MARKET CAP

₹3.26L Cr

STOCK P/E

10.3x

52W HIGH

₹414.40

52W LOW

₹315.55

BOOK VALUE

₹209.44

EPS

₹32.51

ROE

SECTOR

Utilities

DEBT/EQUITY

118.13

VOLUME

29.14L

P/B RATIO

1.61x

PEG RATIO

-6.47

Sector

Utilities

Themes

Power GenerationGreen HydrogenPsuMaharatna
D
Dividend
E
Earnings
₹402.15₹380.99₹359.83₹338.66₹317.50VolumeDEDDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

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

28.00 analysts

Price Forecast

Current
₹336.40
High Target
₹485.00
▲ +44.2%
Median Target
₹432.00
▲ +28.4%
Low Target
₹365.00
▲ +8.5%
Now₹336.40High ₹485.00Median ₹432.00Low ₹365.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
28 analysts

Probabilistic Range

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

Time horizonRange ()Probability
3M₹308.69 - ₹394.3880%
6M₹304.34 - ₹430.3480%
12M₹304.74 - ₹497.4080%
Realized vol: +19.1% · Drift: +16.4%

Revenue Forecast

₹ Cr
Jun '26Current₹43,832.0
Sep 2026 ETrend estimate range
High₹42,215.3Base₹39,088.2Low₹35,961.1
Sep '25: ₹39,167.0 · Dec '25: ₹40,644.0 · Mar '26: ₹43,109.0 · Jun '26: ₹43,832.0 · Sep '26: ₹39,088.2 · Dec '26: ₹40,562.2
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E39,167.040,644.043,109.043,832.039,088.240,562.2
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹5.51
Sep 2026 ETrend estimate range
High₹6.61Base₹5.91Low₹5.20
Sep '25: ₹4.80 · Dec '25: ₹5.14 · Mar '26: ₹9.02 · Jun '26: ₹5.51 · Sep '26: ₹5.91 · Dec '26: ₹6.32
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4.805.149.025.515.916.32
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
62%
Analyst Consensus
Positive

From 28 analysts

Mean upside+28.7%

Fundamentals

Moderate

Fundamentals institutional score is 63 using growth durability 63.4.

Valuation

Premium valuation

Valuation institutional score is 39 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 82 using mean target upside 28.7%; dispersion penalty 11.1; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 65 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

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. analyst consensus and technical structure provide support, while valuation remain considerations.

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

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price433.1 target
Mean Upside+28.7%
Technical Score65%
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 0.7% above historical median. Valuation is stable — currently in the undervalued zone (z-score: +0.11). Confidence: 86%.

Live forward EPS implies next-12-month EPS of ₹28.29. Applying the stock's normalized valuation corridor produces a fair range of ₹278.94 to ₹310.91, with base value near ₹290.82 (-13.5% vs current price).

Forward Valuation Outlook

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

Above normalized range

Forward EPS

₹28.29

Forward P/E

11.9x

Base Fair Value

₹290.82

Fair Range

₹278.94 - ₹310.91

Upside To Base

-13.5%

Estimate Source

Live forward EPS

Growth Estimate

-1.6%

P/E
Undervalued

5Y Average

8.00

Current

10.35

Overvalued

10.99

Undervalued

9.86

EV/EBITDA
Overvalued

5Y Average

5.79

Current

7.49

Overvalued

7.70

Undervalued

3.44

P/B
Strongly Undervalued

5Y Average

1.77

Current

1.61

Overvalued

2.04

Undervalued

1.51

Peers & Comparison

Sector: Utilities · Theme: Power Generation

Power Generation Peers6 peers
Avg P/E: 54.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ADANI POWER LTD
ADANIPOWERPower Generation
+34.0%24.1%
28.3x
Undervalued
-48% vs avg
+78.1%
SIEMENS ENERGY INDIA LTD
ENRINPower Generation
+39.3%15.8%
99.0x
Premium
+82% vs avg
+13.4%
JSW ENERGY LIMITED
JSWENERGYPower Generation
+1.2%10.4%
44.1x
Undervalued
-19% vs avg
+8.4%
GAIL (INDIA) LTD
GAILGas Distribution
+16.7%6.7%
11.5x
Undervalued
-79% vs avg
+0.4%
NHPC LTD
NHPCRenewable Energy
+18.5%31.1%
27.9x
Undervalued
-49% vs avg
-8.0%
ADANI TOTAL GAS LIMITED
ATGLGas Distribution
+27.2%10.1%
115.7x
Premium
+113% vs avg
+7.9%
WHY THESE PEERS

NTPC LTD trades at a discount (10.4x vs peer avg 54.4x), suggesting potential undervaluation relative to the Power Generation cohort. Peers include ADANI POWER LTD, SIEMENS ENERGY INDIA LTD, JSW ENERGY LIMITED — 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

₹43.83K CrJun 2026

Latest net profit

₹5.34K CrJun 2026

Latest EPS

₹5.51Jun 2026

Net margin

29.0%Jun 2026

Performance

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

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%8.0%16.0%24.0%32.0%0.00 Cr15.00K Cr30.00K Cr45.00K Cr60.00K 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 Cr15.00K Cr30.00K Cr45.00K Cr60.00K Cr₹0₹3₹6₹9₹12
  • 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 Cr15.00K Cr30.00K Cr45.00K Cr60.00K 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 20260.00 Cr1.50L Cr3.00L Cr4.50L Cr6.00L Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +39,12240,87539,45542,53844,42840,33741,36943,90442,57239,16740,64443,10943,832
Expenses +28,18530,33829,51431,19832,57630,65129,75232,64932,28929,14728,65237,30131,203
Operating Profit10,93710,5379,94111,34111,8529,68611,61711,25510,28310,01911,9925,80812,629
OPM %28%26%25%27%27%24%28%26%24%26%30%13%29%
Other Income +5587182,2992,5426263,1199343,9732,6802,9331,497920942
Interest2,5152,4652,7832,4882,6493,1082,2033,0972,8382,6622,2752,6672,359
Depreciation3,2603,4643,4913,7283,6543,6473,7224,0323,8693,9934,1174,0514,071
Profit before tax5,7205,3265,9667,6676,1746,0516,6268,0986,2556,2977,096107,140
Tax %29%27%23%28%27%23%29%29%24%26%30%-87,373%25%
Net Profit +4,0663,8854,5725,5564,5114,6494,7115,7784,7754,6534,9878,7475,342
EPS in Rs4.194.014.715.734.654.794.865.964.924.805.149.025.51
Raw PDF

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

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +51.10%51.10%51.10%51.10%51.10%
FIIs +16.09%16.40%16.24%16.54%16.30%
DIIs +28.92%28.93%29.19%29.13%29.44%
Government +0.12%0.12%0.12%0.12%
Public +3.77%3.45%3.34%3.10%3.14%
Others0.01%0.01%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 05, 2026PDFCompany Reports Open

Reg. 34 (1) Annual Report.

Aug 04, 2026PDFCompany Reports Open

Notice Of The 50Th Annual General Meeting Of NTPC Limited

Aug 04, 2026PDFCompany Reports Open

Business Responsibility and Sustainability Reporting (BRSR)

Aug 04, 2026PDFCompany Reports Open