NTPC Green Energy logo

NTPC Green Energy share price

NSE: NTPCGREENBSE: 544289PowerMid Cap

Last close ₹81.21down ₹3.14 (3.72%)BSE ₹81.07

Share price at the NSE close on 23 Oct 2026. Previous close ₹84.35.

52-week range of traded prices to 23 Oct 2026
₹79.00Low, 23 Oct 2026₹119.95High, 27 Apr 2026
Market cap
₹68,430 Cr131st largest listed
P/E
112.7
P/B
3.6
Dividend yield
Nonein the last 12 months
ROE
3.2%
ROCE
3.4%
Debt to equity
1.52
Volume, NSE
50,81,77945.8% delivered

Share price

Daily closes since Nov 2024, adjusted for splits and bonuses

−19.4%over a year · Nifty 500 −9.8%

Results20-session average 30,86,946 shares a day, 45.6% delivered

Results

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

Quarter to Jun 2026, against the quarter beforeFiled 22 Jul

Revenue
₹1,107 Crup 21.28%
Net profit
₹305 Crup 54.61%
Net margin
27.5%

Revenue by year

Peak revenue ₹2,858 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 26 JanMar 2025Filed 12 JunJun 2025Filed 28 JulSep 2025Filed 29 OctDec 2025Filed 29 JanMar 2026Filed 22 MayJun 2026Filed 22 Jul
Revenue5056226806126539131,107
Net profit662332208617197305
Net margin13.0%37.5%32.4%14.1%2.7%21.6%27.5%
Consolidated. The 7 quarters from Dec 2024, the first on record. 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

In the year to Mar 2026 the company reports one business segment, Power Generation, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 0.4% of 243 trading days over the last year.

LowestHighest
Its median133.3Industry median18.5
Price to book

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median4.2Industry median1.5
EV to EBITDA33.9

At or below today's level on 0.4% of 243 trading days over the last year.

LowestHighest
Its median44.7Industry median9.7

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−8.2%+9.9%−16.5%0.0%
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 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

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

Shareholding by group

  • Promoters89.01%
  • Foreign institutions1.58%
  • Indian institutions5.29%
  • Individuals and others4.12%
Holder
NTPC LIMITEDPromoter89.01%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies1.20%
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.

The filing reports 1,69,37,91,802 of its 8,42,63,29,669 shares locked in.

Mutual funds holding it

103 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 67 of the 76 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 time
1
Bought again
1
Added
40
Cut
36
Held unchanged
24
Sold out
1
Fund
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund7,80,00,0001.45%₹728.3 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund4,04,42,9210.70%₹377.6 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund3,79,81,5600.69%₹354.6 Cr
Nippon India Mutual Fund logoNippon India Power & Infra FundNippon India Mutual Fund3,61,29,9394.29%₹337.3 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund3,12,07,2430.36%₹291.4 Cr
Kotak Mahindra Mutual Fund logoKotak Multi Asset Allocation FundKotak Mahindra Mutual Fund1,32,43,9590.81%₹123.7 Cr
Nippon India Mutual Fund logoNippon India Value FundNippon India Mutual Fund1,24,40,3831.37%₹116.2 Cr
Nippon India Mutual Fund logoNippon India Flexi Cap FundNippon India Mutual Fund82,42,4060.84%₹77.0 Cr
Nippon India Mutual Fund logoNippon India ELSS Tax Saver FundNippon India Mutual Fund76,58,7580.51%₹71.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund68,57,2380.80%₹64.0 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 Green Energy 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.

Latest announcements

Routine notices left out.Share news and announcements

NTPC Green Energy share price by year

Each calendar year to 2025.NTPC Green Energy share price history

YearClose at year endChangeHighest closeLowest close
202594.55−25.7%128.1787.08
2024127.19–148.61121.65
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 27 Nov 2024.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202684.8584.8579.0081.2180.7650,81,77945.8%
22 Oct 202684.0485.1582.4584.3583.7420,62,78737.4%
21 Oct 202688.1888.2283.2684.0484.5965,79,54656.2%
19 Oct 202690.0090.2587.3087.6888.5422,00,33557.8%
16 Oct 202690.7091.9089.1089.8289.9967,15,89663.3%
15 Oct 202691.7291.9990.2690.6690.9712,44,61151.2%
14 Oct 202692.7692.8891.5191.7291.9414,04,34241.4%
13 Oct 202694.0094.0092.1692.8492.8411,73,46838.2%
12 Oct 202693.0794.6092.1594.1093.8538,41,34046.4%
9 Oct 202690.8093.4090.0692.6092.3239,98,22346.3%
Prices in ₹ per share as traded, not adjusted.

About NTPC Green Energy

NTPC Green Energy Limited builds, owns and operates renewable energy projects in India. It is the renewable energy arm of the NTPC Group and a subsidiary of NTPC Limited. It was incorporated in 2022. Its registered office is in New Delhi and its corporate office is in Greater Noida, Uttar Pradesh.

As of 31 March 2026, the company had 10,076 MW of operational capacity and 16,468 MW of contracted and awarded capacity. Its projects span solar, wind, hybrid, battery energy storage systems, pumped storage and firm and dispatchable renewable energy. The group has a battery energy storage portfolio of 1,920 MWh. Its solar projects include the Khavda solar park in Gujarat, where its subsidiary is developing a 100 MWh vanadium redox flow battery storage system. It is also developing a green hydrogen hub at Pudimadaka in Andhra Pradesh, and it is expanding its supply to commercial and industrial consumers.

As of 31 March 2026, the company had six subsidiaries and four joint ventures. NTPC Renewable Energy Limited, a wholly owned subsidiary, runs solar and wind projects in commercial operation. ONGC NTPC Green Private Limited is a 50:50 joint venture with ONGC Green Limited. In 2025 the company formed two subsidiaries with state-owned partners, each held 74:26: NTPC MAHAPREIT Green Energy Limited, incorporated in April, and Chhattisgarh NTPC Green Energy Limited, incorporated in December.

Legal name
NTPC Green Energy Limited
NSE symbol
NTPCGREEN
BSE code
544289
ISIN
INE0ONG01011
Industry
Power
Listed
Nov 2024
Face value
₹10
CIN
L40100DL2022GOI396282
Corporate identity number, the registrar of companies' code for it