NTPC logo

NTPC share price

NSE: NTPCBSE: 532555PowerLarge Cap

Formerly National Thermal Power Corporation
Last close ₹298.00down ₹4.60 (1.52%)BSE ₹298.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹302.60.

52-week range of traded prices to 23 Oct 2026
₹292.05Low, 23 Oct 2026₹414.40High, 27 Apr 2026
Market cap
₹2,88,961 Cr20th largest listed
P/E
10.4
P/B
1.4
Dividend yield
3.02%
ROE
14.3%
ROCE
8.1%
Debt to equity
1.27
Volume, NSE
87,51,89659.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−13.0%over a year

Results20-session average 87,33,415 shares a day, 61.7% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 24 Jul

Revenue
₹50,741 Crup 2.12%
Net profit
₹6,896 Crdown 35.03%
Net margin
13.6%

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 2020, the company's revenue for that year, ₹1,09,464 Cr, differs from its quarters added, ₹1,06,004 Cr.

₹ croreSep 2024Filed 25 OctDec 2024Filed 25 JanMar 2025Filed 10 JunJun 2025Filed 29 JulSep 2025Filed 30 OctDec 2025Filed 30 JanMar 2026Filed 23 MayJun 2026Filed 24 Jul
Revenue44,69645,05349,83447,06544,78645,84649,68850,741
Net profit5,3805,1707,8976,1085,2255,59710,6156,896
Net margin12.0%11.5%15.8%13.0%11.7%12.2%21.4%13.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Generation₹1,82,610 Crdown 1.00%90.4%
  • Others₹19,416 Crup 13.67%9.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 35% of 2,361 trading days over the last 10 years.

LowestHighest
Its median12.6Industry median18.5
Price to book

At or below today's level on 60% of 1,975 trading days since Nov 2018.

LowestHighest
Its median1.2Industry median1.5
EV to EBITDA9.3

At or below today's level on 37% of 1,975 trading days since Nov 2018.

LowestHighest
Its median9.9Industry median9.7
Dividend yield

At or below today's level on 47% of 2,480 trading days over the last 10 years.

LowestHighest
Its median3.08%Industry median1.68%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+6.1%+15.5%−10.2%2.4%
3 years+30.8%+17.0%+9.8%2.4%
5 years+31.6%+13.4%+13.1%3.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters51.10%
  • Foreign institutions15.79%
  • Indian institutions29.87%
  • Individuals and others3.24%
Holder
PRESIDENT OF INDIAPromoter51.10%
LIFE INSURANCE CORPORATION OF INDIA - P & GS FundInsurance companies6.80%
NPS TRUST-A/C TATA PENSION FUND MANAGEMENT PRIVATE LIMITED SCHEME E - TIER IIProvident and pension funds3.01%
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I1.68%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

541 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 240 of the 303 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. 5 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
1
Bought again
5
Added
163
Cut
140
Held unchanged
227
Sold out
12
Fund
Nippon India Mutual Fund logoCPSE ETFNippon India Mutual Fund11,68,13,08320.22%₹3,770.1 Cr
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund9,21,68,9481.47%₹2,974.8 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund6,38,44,7431.78%₹2,055.8 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund6,35,00,0002.00%₹2,049.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund5,19,62,8143.31%₹1,677.1 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund4,89,04,7622.07%₹1,578.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Value FundICICI Prudential Mutual Fund3,70,79,6412.09%₹1,196.7 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund3,67,12,6711.41%₹1,184.9 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund3,16,09,0031.47%₹1,020.2 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund3,00,17,9771.89%₹968.8 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Power Generation, 35 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to NTPC in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Adani Power logoAdani PowerADANIPOWER3,51,05924.65.418.0+6.6%+14.9%23.5%14.5%0.00%
Adani Green Energy logoAdani Green EnergyADANIGREEN1,95,207104.29.023.6+20.9%−7.1%9.1%6.3%0.00%
JSW Energy logoJSW EnergyJSWENERGY82,24141.82.715.0+35.4%−9.4%6.8%6.2%0.45%
NHPC logoNHPCNHPC70,15518.51.720.5+12.0%+24.1%9.4%3.6%2.31%
NLC India logoNLC IndiaNLCINDIA31,685–1.59.6+16.8%––6.8%1.68%
Acme Solar Holdings logoAcme Solar HoldingsACMESOLAR26,28543.6––+47.5%–12.6%6.4%0.05%
SJVN logoSJVNSJVN18,62729.11.313.8+60.5%−7.4%4.5%5.1%3.16%
Clean Max Enviro Energy Solutions logoClean Max Enviro Energy SolutionsCLEANMAX13,823–3.0–––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

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

Highest ₹9.00 a share, year to Mar 2026.
Ex-dateTypePer share
2 Sep 2026Final₹3.50
6 Feb 2026Interim₹2.75
7 Nov 2025Interim₹2.75
4 Sep 2025Final₹3.35
31 Jan 2025Interim₹2.50
31 Oct 2024Interim₹2.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

NTPC share price by year

Each calendar year to 2025.NTPC share price history

YearClose at year endChangeHighest closeLowest close
2025329.55−1.1%366.95298.20
2024333.35+7.1%443.20299.30
2023311.15+86.9%313.90165.00
2022166.45+33.8%181.80124.40
2021124.40+25.2%149.6588.95
202099.35−16.5%123.8576.40
2019119.05−4.2%143.45108.63
2018124.21−15.8%149.08113.50
2017147.50+7.4%155.29129.96
2016137.29+12.6%139.0098.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026302.10302.80292.05298.00295.2687,51,89659.3%
22 Oct 2026301.50302.80297.55302.60300.8677,06,47056.2%
21 Oct 2026309.00310.45301.10303.00304.6488,37,43361.8%
19 Oct 2026313.20316.40308.10309.00311.1978,88,61160.9%
16 Oct 2026314.90317.65311.70315.15315.4297,05,31367.3%
15 Oct 2026312.95317.95311.80314.65315.681,00,94,65365.9%
14 Oct 2026311.00316.05309.90313.70313.441,14,11,70357.2%
13 Oct 2026308.40311.90306.15311.00308.8460,14,69652.4%
12 Oct 2026312.00314.30305.70310.00308.791,28,34,27955.0%
9 Oct 2026309.75314.35309.55312.00311.7073,74,30565.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
19 Mar 2019Bonus0.8333Holders received 1 bonus share for every 5 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About NTPC

NTPC Limited is an Indian power company. It generates electricity from coal, gas, hydro, solar and wind plants, and its group also runs coal mining, power trading and consultancy businesses. The group generated 432.18 billion units of electricity in the year to March 2026, close to a quarter of India's total power generation.

As on 31 March 2026 it had 11 subsidiaries and 17 joint ventures. NTPC Mining Limited, a wholly owned subsidiary, holds its coal mining business, which was transferred in full by 1 April 2026. NTPC Vidyut Vyapar Nigam Limited trades electricity, including across borders. NTPC Green Energy Limited develops solar, wind and hybrid projects. Subsidiaries and joint ventures own plants in Bihar, Uttar Pradesh, Haryana and Tamil Nadu.

In nuclear power, it holds 49% of Anushakti Vidhyut Nigam Limited, a joint venture with Nuclear Power Corporation of India Limited. The venture is developing the 4 x 700 MW Mahi Banswara project in Rajasthan. Abroad, its 50:50 joint venture in Bangladesh operates the 1,320 MW Maitree plant at Rampal.

NTPC was incorporated in 1975. It is a central public sector enterprise under the Ministry of Power, Government of India. In March 2020 it acquired stakes in THDC India Limited and NEEPCO from the Government of India. Sinnar Thermal Power Limited became a joint venture in February 2026, acquired with MAHAGENCO through insolvency proceedings. NTPC Green Energy Limited, incorporated in April 2022, listed after an initial public offering in the year to March 2025, and NTPC holds 89.01%.

Legal name
NTPC Limited
NSE symbol
NTPC
BSE code
532555
ISIN
INE733E01010
Industry
Power
Listed
Nov 2004
Face value
₹10
CIN
L40101DL1975GOI007966
Corporate identity number, the registrar of companies' code for it
In Nifty 50, BSE Sensex, Nifty 100, BSE 100, Nifty 200, BSE 200
and 73 more Nifty 500BSE 500Nifty Total MarketBSE PowerBSE UtilitiesNifty EnergyNifty PowerBSE 100 LargeCap TMC IndexBSE 1000BSE 250 LargeMidCap IndexBSE AllCapBSE India 150BSE LargeCapBSE LargeMidCapBSE SENSEX 50BSE SENSEX 50 TMCBSE SENSEX SixtyBSE Total MarketNifty India FPI 150Nifty LargeMidcap 250BSE Bharat 22 IndexBSE CPSEBSE India Infrastructure IndexBSE India Sector LeadersBSE Power & EnergyBSE PSUBSE Saatvik 100Nifty AI CatalystsNifty CommoditiesNifty CPSENifty HousingNifty India Infrastructure & LogisticsNifty India Railways PSUNifty InfrastructureNifty PSENifty RuralNifty Services SectorNifty100 Enhanced ESGNifty100 ESGNifty100 ESG Sector LeadersBSE 100 ESG IndexBSE 1000 MultiCap Equal Size Weighted (25%)BSE 200 Equal Weight IndexBSE 500 Dividend Leaders 50BSE 500 Dividend Leaders 50 (Special Capping)BSE 500 Equal WeightBSE 500 Low Volatility 50BSE All Derivative Stocks IndexBSE Dividend Stability IndexBSE LargeCap 100 Enhanced Value 30BSE LargeCap 100 Low Volatility 30BSE LargeMid (60:40) Stable Dividend 50BSE Low Volatility IndexBSE SENSEX Equal WeightBSE SENSEX Sixty 65:35Nifty Alpha Low-Volatility 30Nifty Alpha Quality Value Low-Volatility 30Nifty Dividend Opportunities 50Nifty Low Volatility 50Nifty Top 20 Equal WeightNifty100 Equal WeightNifty100 Low Volatility 30Nifty200 Momentum 30Nifty200 Value 30Nifty50 Equal WeightNifty50 Value 20Nifty500 AhimsaNifty500 Equal WeightNifty500 LargeMidSmall Equal-Cap WeightedNifty500 Low Volatility 50Nifty500 Multicap 50:25:25Nifty500 Multicap Infrastructure 50:30:20Nifty500 Value 50