NHPCBSENHPC LtdHighNeutral
Announced Fri, 15 May · 20:56 IST

The audited financial results (standalone and consolidated) of NHPC Limited for the quarter and year ended 31.03.2026 along with auditors report is submitted. The other details is given ....

Revenue Growth 20pctPat Growth 25pctEbitda Margin CompressionResults RestatedDebt Equity ThresholdResults View source PDF

NHPC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

NHPC Limited reported standalone revenue of ₹10,328.26 crore for FY2025-26, up 14.8% from ₹8,994.26 crore in the previous year. Profit after tax stood at ₹3,617.80 crore versus ₹3,083.98 crore (17.3% growth). Operating margin compressed from 41.68% to 37.05%, while net profit margin improved slightly to 35.03%. Finance costs increased to ₹1,408.97 crore (vs ₹1,147 crore). A major deferred tax credit of ₹1,156.60 crore was recognized due to exercising concessional tax rates under Finance Act 2026. The Board recommended final dividend of ₹0.21 per share (2.10% on face value) in addition to ₹1.40 interim dividend already paid, totaling ₹1.61 per share (16.10%). Joint Statutory Auditors issued unmodified opinion. Results include reclassifications as per IND AS 1 (Note 16). The company plans to raise ₹2,000 crore via AI Series Bonds.

Likely market impact

NHPC delivered solid revenue and PAT growth but faces margin compression due to higher finance costs and operating expenses. The significant jump in PP&E to ₹44,517 crore reflects heavy capital investment in projects like Parbati-II, Subansiri Lower, and solar assets. The increasing debt-to-equity ratio (1.16 vs 0.99) warrants monitoring. Tax benefit inflated Q4 profits but underlying operational performance remains strong.