- Next results date: the board meets on 4 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹70,155 Cr137th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 4 Aug 2026
- 18.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 May 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.31%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 4 Aug 2026
- 9.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 4 Aug 2026
- 3.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 15 May 2026
- 1.08
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,36,59,03751.9% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 4 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,808 Crup 35.26%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,178 Crdown 23.97%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 30.9%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2023, the company's revenue for that year, ₹10,607 Cr, differs from its quarters added, ₹10,763 Cr.
| ₹ crore | Sep 2024Filed 8 Nov | Dec 2024Filed 7 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 6 Nov | Dec 2025Filed 4 Feb | Mar 2026Filed 15 May | Jun 2026Filed 4 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,052 | 2,287 | 2,347 | 3,214 | 3,365 | 2,221 | 2,816 | 3,808 |
| Net profit | 1,069 | 330 | 920 | 1,131 | 1,219 | 321 | 1,549 | 1,178 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 35.0% | 14.4% | 39.2% | 35.2% | 36.2% | 14.4% | 55.0% | 30.9% |
Business segments
In the year to Mar 2026 the company reports one business segment, Generation of Electricity, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 72% of 2,480 trading days over the last 10 years.
At or below today's level on 65% of 1,968 trading days since Nov 2018.
At or below today's level on 69% of 1,968 trading days since Nov 2018.
At or below today's level on 17% of 2,480 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −8.1% | +25.4% | −28.5% | 2.2% |
| 3 years | +24.6% | −1.0% | +23.7% | 2.2% |
| 5 years | +28.2% | +3.0% | +21.1% | 3.5% |
Mutual funds holding it
151 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 87 of the 98 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 6
- AddedAdded. Funds that held more shares than at the end of the month before.
- 58
- CutCut. Funds that held fewer shares than at the end of the month before.
- 40
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 44
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 1
| Fund | |||
|---|---|---|---|
 SBI Small Cap FundSBI Mutual Fund | 11,00,00,000 | 1.95% | ₹800.9 Cr |
 CPSE ETFNippon India Mutual Fund | 10,62,04,948 | 4.15% | ₹773.3 Cr |
| SBI Contra FundSBI Mutual Fund | 6,70,00,000 | 1.08% | ₹487.8 Cr |
| SBI Balanced Advantage FundSBI Mutual Fund | 5,80,00,000 | 1.04% | ₹422.3 Cr |
 ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 3,67,74,826 | 0.35% | ₹267.8 Cr |
 HDFC Balanced Advantage FundHDFC Mutual Fund | 2,98,79,361 | 0.21% | ₹217.6 Cr |
| SBI Multi Asset Allocation FundSBI Mutual Fund | 2,28,00,000 | 0.79% | ₹166.0 Cr |
| ICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund | 2,04,06,003 | 1.85% | ₹148.6 Cr |
| Bharat 22 ETFICICI Prudential Mutual Fund | 1,87,06,791 | 1.43% | ₹136.4 Cr |
| SBI Energy Opportunities FundSBI Mutual Fund | 1,57,45,621 | 1.44% | ₹114.6 Cr |
Peers and competitors
Power Generation, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to NHPC in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Adani PowerADANIPOWER | 3,51,059 | 24.6 | 5.4 | 18.0 | +6.6% | +14.9% | 23.5% | 14.5% | 0.00% |
 NTPCNTPC | 2,88,961 | 10.4 | 1.4 | 9.3 | +2.4% | +15.9% | 14.3% | 8.1% | 3.02% |
 Adani Green EnergyADANIGREEN | 1,95,207 | 104.2 | 9.0 | 23.6 | +20.9% | −7.1% | 9.1% | 6.3% | 0.00% |
 JSW EnergyJSWENERGY | 82,241 | 41.8 | 2.7 | 15.0 | +35.4% | −9.4% | 6.8% | 6.2% | 0.45% |
 NTPC Green EnergyNTPCGREEN | 68,430 | 112.7 | 3.6 | 33.9 | – | – | 3.2% | 3.4% | 0.00% |
 NLC IndiaNLCINDIA | 31,685 | – | 1.5 | 9.6 | +16.8% | – | – | 6.8% | 1.68% |
 Acme Solar HoldingsACMESOLAR | 26,285 | 43.6 | – | – | +47.5% | – | 12.6% | 6.4% | 0.05% |
 SJVNSJVN | 18,627 | 29.1 | 1.3 | 13.8 | +60.5% | −7.4% | 4.5% | 5.1% | 3.16% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 12 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.21 |
| 10 Feb 2026 | Interim | ₹1.40 |
| 14 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.51 |
| 13 Feb 2025 | Interim | ₹1.40 |
| 12 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
| 22 Feb 2024 | Interim | ₹1.40 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
16 Oct · General Updates
Sep 2026
NHPC share price by year
Each calendar year to 2025.NHPC share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 79.22 | −1.8% | 90.93 | 72.57 |
| 2024 | 80.69 | +24.9% | 115.81 | 66.15 |
| 2023 | 64.60 | +62.5% | 65.70 | 38.40 |
| 2022 | 39.75 | +28.4% | 45.35 | 27.25 |
| 2021 | 30.95 | +36.6% | 35.50 | 23.00 |
| 2020 | 22.65 | −5.4% | 27.75 | 18.20 |
| 2019 | 23.95 | −7.9% | 26.00 | 21.65 |
| 2018 | 26.00 | −20.4% | 33.75 | 22.50 |
| 2017 | 32.65 | +23.4% | 34.05 | 26.80 |
| 2016 | 26.45 | +25.7% | 28.15 | 18.80 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 71.94 | 72.33 | 69.03 | 69.84 | 70.36 | 1,36,59,037 | 51.9% |
| 22 Oct 2026 | 72.65 | 72.74 | 71.70 | 72.38 | 72.18 | 70,51,322 | 43.6% |
| 21 Oct 2026 | 71.33 | 72.69 | 71.00 | 72.65 | 72.03 | 2,20,66,344 | 49.0% |
| 19 Oct 2026 | 71.39 | 71.93 | 70.56 | 70.70 | 71.07 | 88,94,570 | 52.1% |
| 16 Oct 2026 | 72.45 | 72.90 | 71.44 | 71.44 | 71.66 | 1,95,87,775 | 87.5% |
| 15 Oct 2026 | 73.50 | 73.72 | 72.18 | 72.70 | 72.62 | 45,24,987 | 48.2% |
| 14 Oct 2026 | 73.32 | 73.72 | 72.75 | 73.72 | 73.27 | 1,30,89,125 | 59.6% |
| 13 Oct 2026 | 72.80 | 73.80 | 72.25 | 73.49 | 72.77 | 33,31,773 | 39.7% |
| 12 Oct 2026 | 72.90 | 73.47 | 72.15 | 73.40 | 72.93 | 41,12,974 | 60.4% |
| 9 Oct 2026 | 71.65 | 72.99 | 71.35 | 72.99 | 72.24 | 50,18,040 | 45.9% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback and offer for sale history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 4 Mar 2013 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
About NHPC
NHPC Limited generates electricity, mostly from hydropower. It carries out the investigation, design, construction and operation of large and small hydro projects, many of them in the Himalayan region. It also owns solar and wind plants. The company is an enterprise of the Government of India and holds Navratna status, granted in August 2024. It also holds ISO 9001, ISO 14001 and ISO 45001 certifications. Its registered office is in Faridabad, Haryana, and it also works through regional offices and project sites.
On its own, the company has 25 power stations with an installed capacity of 7,401 MW. Together with its subsidiaries and joint ventures, it has 31 power stations with an installed capacity of 9,333 MW, and a further 17 projects totalling 9,204 MW are under construction. Its stations include Salal, Uri-I, Chamera-I, Kishanganga and Indira Sagar. Its subsidiaries include NHDC Limited, Loktak Downstream Hydroelectric Corporation Limited and NHPC Renewable Energy Ltd. It also has joint ventures with JKSPDCL, including Ratle Hydroelectric Power Corporation Limited and Chenab Valley Power Projects Limited.
The company was set up in 1975 to execute the Salal, Bairasiul and Loktak projects. It was incorporated in 1975. In the year to March 2026 it commissioned the Subansiri Lower and Parbati-II hydro projects and the Karnisar solar project, which together made the largest capacity addition in a single year in its history.
- Legal name
- NHPC Limited
- NSE symbol
- NHPC
- BSE code
- 533098
- ISIN
- INE848E01016
- Industry
- Power
- Listed
- Sep 2009
- Face value
- ₹10
- CIN
- L40101HR1975GOI032564
- Corporate identity number, the registrar of companies' code for it