What the business is, and whether it's a good one at a fair price.
Generates and sells hydroelectric power from a portfolio of large dams and run-of-the-river schemes across India, billing state distribution utilities and power procurers under PPAs at tariffs set or adopted by the Central Electricity Regulatory Commission. In FY26, output rose 16% to 29,619 MUs, driven by the commissioning of Parbati-II and four of eight units at the 2,000 MW Subansiri Lower project, with solar projects such as Karnisar also contributing. Profit was lifted by a one-off ₹1,156 crore DTL reversal and growth in regulated equity, which management expects to expand from ₹18,309 crore to ₹30,672 crore by end-FY27 as ~2,994 MW of hydro and 1,190 MW of solar capacity commission. The capex pipeline is large — ₹26,070 crore approved for the 1,720 MW Kamala project, a ₹14,446 crore dam package for Dibang awarded in April 2026, and ₹13,689 crore of FY26 capex — pointing to continued heavy build-out. On the cost side, 'other operating expenses' (which jumped on network access charges and insurance) make up 42% of revenue, depreciation 17% and employee costs 12.9%, while power generation itself is essentially a pass-through of the CERC-allowed return on regulated equity.
Measured from the filed financials, judged against its Power Generation peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
Loading peers…
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
Loading financials…
Who owns it — and is the promoter stake clean?
Loading shareholding…
Sign up to see the full company file
Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.
Answered from NHPC LTD's filed financials and exchange disclosures
NHPC LTD is a Power company listed on NSE and BSE, trading under the symbol NHPC.
Yes. Over the trailing twelve months NHPC LTD reported a net profit of ₹4,267 Cr on revenue of ₹12,210 Cr.
Yes. The dividend yield is 3.07% at the current price. It paid out 56% of its profit as dividend in FY26.
No. Debt stands at 1.08× equity, and it carries net debt of ₹50,173 Cr. That is lower than 39% of its 27 Power Generation peers.
On trailing P/E, NHPC LTD ranks 13 of 25 in Power Generation — cheaper than 50% of them, against an industry median of 20.2×. This is a position, not a valuation judgement.
On a typical session NHPC LTD moves 0.82% — that is the median absolute close-to-close move across its last 269 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by NHPC LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
