NTPC Ltd.
NTPCUtilities filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
13 transcript(s)/analyst meet(s) served; 4 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 13 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20220525 | 2022-03-31 | no | |
| TRANSCRIPT | 20221101 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230131 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230523 | 2023-03-31 | yes | |
| ANALYST_MEET | 20230804 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231101 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240205 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240528 | 2024-03-31 | yes | |
| TRANSCRIPT | 20241101 | 2024-09-30 | yes | |
| DUPLICATE | 20241101 | 2024-09-30 | no | |
| TRANSCRIPT | 20250130 | 2024-12-31 | yes | |
| COVER_LETTER | 20250529 | 2025-03-31 | no | |
| TRANSCRIPT | 20251106 | 2025-09-30 | yes | |
| DUPLICATE | 20251106 | 2025-09-30 | no | |
| TRANSCRIPT | 20260204 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260527 | 2026-03-31 | yes | |
| ANALYST_MEET | 20260802 | 2026-06-30 | yes |
NTPC
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 326.60 |
| 52-week range | 318.5 – 410.2 |
| Return 1M | -3.9% |
| Return 3M | -7.23% |
| Return 1Y | -6.04% |
| Return 3Y | 36.28% |
| Return 5Y | 162.86% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 50,741.00 |
| Other income | 401.00 |
| Total income | 51,142.00 |
| Cost of materials consumed | 25,395.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 1,713.00 |
| Finance costs | 3,386.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.51 | 0.00 |
| institutions foreign | 0.16 | -0.00 |
| institutions domestic | 0.29 | 0.00 |
| mutual funds | 0.17 | -0.00 |
| public | 0.49 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| ANALYST_MEET | 2026-06-30 | 2 |
| COVER_LETTER | 2025-03-31 | 2 |
| DUPLICATE | 2025-09-30 | 2 |
| TRANSCRIPT | 2026-03-31 | 11 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 44,175.00 | 44,602.00 | 44,253.00 | 43,075.00 | 44,983.00 | 42,820.00 | 47,622.00 | 48,521.00 | 44,696.00 | 45,053.00 | 49,834.00 | 47,065.00 | 44,786.00 | 45,846.00 | 49,688.00 | 50,741.00 |
| Other income | 506.00 | 387.00 | 493.00 | 315.00 | 401.00 | 754.00 | 1,194.00 | 461.00 | 501.00 | 545.00 | 1,251.00 | 756.00 | 476.00 | 459.00 | 723.00 | 401.00 |
| Total income | 44,682.00 | 44,989.00 | 44,746.00 | 43,390.00 | 45,385.00 | 43,575.00 | 48,817.00 | 48,982.00 | 45,198.00 | 45,598.00 | 51,085.00 | 47,821.00 | 45,262.00 | 46,305.00 | 50,411.00 | 51,142.00 |
| Cost of materials consumed | 27,223.00 | 21,927.00 | 24,714.00 | 24,045.00 | 25,615.00 | 23,525.00 | 25,127.00 | 27,845.00 | 24,225.00 | 24,531.00 | 24,913.00 | 24,973.00 | 23,062.00 | 22,776.00 | 21,679.00 | 25,395.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 1,457.00 | 1,717.00 | 1,802.00 | 1,589.00 | 1,528.00 | 1,618.00 | 1,857.00 | 1,630.00 | 1,538.00 | 1,623.00 | 2,005.00 | 1,584.00 | 1,580.00 | 1,757.00 | 2,065.00 | 1,713.00 |
| Finance costs | 3,068.00 | 3,168.00 | 2,860.00 | 2,922.00 | 2,921.00 | 3,250.00 | 2,955.00 | 3,136.00 | 3,621.00 | 2,764.00 | 3,648.00 | 3,468.00 | 3,432.00 | 3,164.00 | 3,737.00 | 3,386.00 |
| Depreciation and amortisation | 3,687.00 | 3,715.00 | 3,848.00 | 3,821.00 | 4,038.00 | 4,074.00 | 4,271.00 | 4,204.00 | 4,216.00 | 4,318.00 | 4,663.00 | 4,587.00 | 4,816.00 | 5,093.00 | 5,134.00 | 5,234.00 |
| Other expenses | 4,566.00 | 6,480.00 | 5,795.00 | 4,587.00 | 5,160.00 | 6,315.00 | 6,443.00 | 5,030.00 | 7,278.00 | 5,231.00 | 8,161.00 | 7,928.00 | 7,327.00 | 6,744.00 | 10,624.00 | 7,402.00 |
| Total expenses | 40,001.00 | 37,008.00 | 39,019.00 | 36,964.00 | 39,261.00 | 38,782.00 | 40,653.00 | 41,844.00 | 40,877.00 | 38,468.00 | 43,391.00 | 42,540.00 | 40,218.00 | 39,533.00 | 43,238.00 | 43,130.00 |
| Profit before exceptional items and tax | 4,681.00 | 7,982.00 | 5,727.00 | 6,426.00 | 6,123.00 | 4,792.00 | 8,164.00 | 7,138.00 | 4,320.00 | 7,130.00 | 7,694.00 | 5,281.00 | 5,044.00 | 6,772.00 | 7,173.00 | 8,011.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 4,681.00 | 7,982.00 | 5,727.00 | 6,426.00 | 6,123.00 | 4,792.00 | 8,164.00 | 7,138.00 | 4,320.00 | 7,130.00 | 7,694.00 | 5,281.00 | 5,044.00 | 6,772.00 | 7,173.00 | 8,011.00 |
| Current tax | 1,043.00 | 1,483.00 | 1,369.00 | 1,186.00 | 1,062.00 | 889.00 | 1,159.00 | 1,120.00 | 827.00 | 1,313.00 | 811.00 | 903.00 | 1,087.00 | 1,295.00 | 1,249.00 | 1,468.00 |
| Deferred tax | 947.00 | 346.00 | 78.00 | 568.00 | 958.00 | 473.00 | 514.00 | 658.00 | 839.00 | 762.00 | 1,915.00 | 754.00 | 989.00 | 1,158.00 | -10,311.00 | 796.00 |
| Tax expense | 1,991.00 | 1,829.00 | 1,447.00 | 1,754.00 | 2,020.00 | 1,362.00 | 1,674.00 | 1,778.00 | 1,666.00 | 2,075.00 | 2,726.00 | 1,657.00 | 2,076.00 | 2,453.00 | -9,062.00 | 2,263.00 |
| Profit for the period | 3,418.00 | 4,854.00 | 4,872.00 | 4,907.00 | 4,726.00 | 5,209.00 | 6,490.00 | 5,506.00 | 5,380.00 | 5,170.00 | 7,897.00 | 6,108.00 | 5,225.00 | 5,597.00 | 10,615.00 | 6,896.00 |
| Profit attributable to owners | 3,338.00 | 4,777.00 | 4,861.00 | 4,873.00 | 4,615.00 | 5,155.00 | 6,169.00 | 5,474.00 | 5,275.00 | 5,063.00 | 7,611.00 | 6,011.00 | 5,067.00 | 5,489.00 | 10,486.00 | 6,721.00 |
| Profit attributable to non-controlling interests | 79.00 | 78.00 | 11.00 | 34.00 | 112.00 | 54.00 | 321.00 | 32.00 | 106.00 | 107.00 | 286.00 | 98.00 | 159.00 | 108.00 | 128.00 | 175.00 |
| Other comprehensive income | 3.00 | -37.00 | -137.00 | -18.00 | -8.00 | 48.00 | -46.00 | -109.00 | -48.00 | -82.00 | -92.00 | -52.00 | 17.00 | -41.00 | 118.00 | -63.00 |
| Total comprehensive income | 3,420.00 | 4,817.00 | 4,735.00 | 4,889.00 | 4,718.00 | 5,256.00 | 6,444.00 | 5,397.00 | 5,333.00 | 5,088.00 | 7,805.00 | 6,056.00 | 5,242.00 | 5,556.00 | 10,733.00 | 6,834.00 |
| Earnings per share, basic | 3.44 | 4.93 | 5.01 | 5.03 | 4.76 | 5.32 | 6.36 | 5.65 | 5.44 | 5.22 | 7.85 | 6.20 | 5.23 | 5.66 | 10.81 | 6.93 |
| Earnings per share, diluted | 3.44 | 4.93 | 5.01 | 5.03 | 4.76 | 5.32 | 6.36 | 5.65 | 5.44 | 5.22 | 7.85 | 6.20 | 5.23 | 5.66 | 10.81 | 6.93 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 109,464.00 | 111,531.00 | 132,669.00 | 176,207.00 | 178,501.00 | 188,138.00 | 187,385.00 |
| Other income | 2,909.00 | 4,016.00 | 2,325.00 | 1,770.00 | 2,665.00 | 2,724.00 | 2,414.00 |
| Total income | 112,373.00 | 115,547.00 | 134,994.00 | 177,977.00 | 181,166.00 | 190,862.00 | 189,799.00 |
| Cost of materials consumed | 57,186.00 | 56,099.00 | 69,753.00 | 100,656.00 | 98,312.00 | 101,515.00 | 92,490.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 5,830.00 | 5,954.00 | 6,310.00 | 6,528.00 | 6,592.00 | 6,796.00 | 6,986.00 |
| Finance costs | 8,117.00 | 9,224.00 | 9,316.00 | 11,156.00 | 12,048.00 | 13,168.00 | 13,801.00 |
| Depreciation and amortisation | 10,356.00 | 12,450.00 | 13,788.00 | 14,792.00 | 16,204.00 | 17,401.00 | 19,629.00 |
| Other expenses | 14,911.00 | 15,504.00 | 16,327.00 | 21,294.00 | 22,504.00 | 25,700.00 | 32,623.00 |
| Total expenses | 96,400.00 | 99,232.00 | 115,494.00 | 154,426.00 | 155,660.00 | 164,580.00 | 165,529.00 |
| Profit before exceptional items and tax | 15,972.00 | 16,315.00 | 19,501.00 | 23,551.00 | 25,506.00 | 26,283.00 | 24,269.00 |
| Exceptional items | 0.00 | -1,512.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 15,972.00 | 14,803.00 | 19,501.00 | 23,551.00 | 25,506.00 | 26,283.00 | 24,269.00 |
| Current tax | 5,527.00 | 1,091.00 | 3,758.00 | 4,856.00 | 4,296.00 | 4,071.00 | 4,534.00 |
| Deferred tax | 3,821.00 | 1,329.00 | 1,289.00 | 1,940.00 | 2,513.00 | 4,174.00 | -7,410.00 |
| Tax expense | 9,348.00 | 2,421.00 | 5,047.00 | 6,796.00 | 6,809.00 | 8,245.00 | -2,876.00 |
| Profit for the period | 11,902.00 | 14,969.00 | 16,960.00 | 17,121.00 | 21,332.00 | 23,953.00 | 27,546.00 |
| Profit attributable to owners | 11,600.00 | 14,635.00 | 16,676.00 | 16,913.00 | 20,812.00 | 23,422.00 | 27,053.00 |
| Profit attributable to non-controlling interests | 302.00 | 335.00 | 284.00 | 209.00 | 521.00 | 531.00 | 493.00 |
| Other comprehensive income | -308.00 | -99.00 | -87.00 | -203.00 | -25.00 | -330.00 | 42.00 |
| Total comprehensive income | 11,594.00 | 14,870.00 | 16,873.00 | 16,918.00 | 21,308.00 | 23,623.00 | 27,587.00 |
| Earnings per share, basic | 11.72 | 14.87 | 17.20 | 17.44 | 21.46 | 24.16 | 27.90 |
| Earnings per share, diluted | 11.72 | 14.87 | 17.20 | 17.44 | 21.46 | 24.16 | 27.90 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 440,092.00 | 446,021.00 | 454,139.00 | 480,197.00 | 492,230.00 | 524,165.00 | 538,664.00 | 558,644.00 |
| Non-current assets | 357,456.00 | 364,853.00 | 368,759.00 | 382,187.00 | 393,217.00 | 412,382.00 | 425,851.00 | 449,310.00 |
| Current assets | 68,349.00 | 68,499.00 | 73,072.00 | 83,036.00 | 82,367.00 | 92,892.00 | 89,697.00 | 94,345.00 |
| Property, plant and equipment | 228,093.00 | 239,882.00 | 249,144.00 | 258,424.00 | 258,674.00 | 270,936.00 | 294,200.00 | 317,671.00 |
| Capital work-in-progress | 92,905.00 | 89,133.00 | 83,014.00 | 87,593.00 | 95,612.00 | 100,776.00 | 88,605.00 | 84,833.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 556.00 | 542.00 | 524.00 | 510.00 | 504.00 | 501.00 | 962.00 | 1,025.00 |
| Inventories | 13,147.00 | 14,240.00 | 12,575.00 | 18,019.00 | 15,888.00 | 18,722.00 | 16,854.00 | 18,663.00 |
| Trade receivables | 32,702.00 | 28,825.00 | 32,423.00 | 33,350.00 | 33,256.00 | 34,720.00 | 31,750.00 | 36,616.00 |
| Cash and cash equivalents | 453.00 | 466.00 | 344.00 | 863.00 | 2,097.00 | 1,427.00 | 2,164.00 | 3,422.00 |
| Total equity and liabilities | 440,092.00 | 446,021.00 | 454,139.00 | 480,197.00 | 492,230.00 | 524,165.00 | 538,664.00 | 558,644.00 |
| Equity | 145,432.00 | 150,954.00 | 157,849.00 | 165,122.00 | 172,914.00 | 191,123.00 | 199,507.00 | 211,153.00 |
| Equity share capital | 9,697.00 | 9,697.00 | 9,697.00 | 9,697.00 | 9,697.00 | 9,697.00 | 9,697.00 | 9,697.00 |
| Other equity | 131,861.00 | 137,326.00 | 143,980.00 | 151,013.00 | 158,575.00 | 174,374.00 | 182,338.00 | 193,479.00 |
| Total liabilities | 294,661.00 | 295,068.00 | 296,290.00 | 315,074.00 | 319,316.00 | 333,042.00 | 339,158.00 | 347,490.00 |
| Non-current liabilities | 206,531.00 | 207,582.00 | 211,288.00 | 212,719.00 | 226,624.00 | 228,539.00 | 232,140.00 | 229,740.00 |
| Current liabilities | 85,246.00 | 84,535.00 | 82,250.00 | 98,404.00 | 88,996.00 | 101,073.00 | 103,646.00 | 114,505.00 |
| Borrowings, non-current | 188,265.00 | 187,884.00 | 189,804.00 | 190,215.00 | 202,497.00 | 201,054.00 | 202,583.00 | 207,664.00 |
| Borrowings, current | 33,665.00 | 31,922.00 | 30,927.00 | 44,825.00 | 37,436.00 | 46,521.00 | 49,614.00 | 59,594.00 |
| Trade payables | 13,480.00 | 13,822.00 | 13,106.00 | 11,338.00 | 11,205.00 | 11,160.00 | 10,232.00 | 11,787.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 12,397.00 | 40,052.00 | 24,684.00 | 40,785.00 | 27,260.00 | 50,436.00 | 24,483.00 | 50,902.00 |
| Net cash from investing activities | -15,508.00 | -26,107.00 | -16,531.00 | -32,141.00 | -17,445.00 | -45,800.00 | -13,295.00 | -37,578.00 |
| Net cash from financing activities | 2,836.00 | -14,154.00 | -8,274.00 | -8,246.00 | -8,582.00 | -4,073.00 | -10,450.00 | -11,328.00 |
| Purchase of property, plant and equipment | 13,228.00 | 24,819.00 | 13,598.00 | 30,816.00 | 18,401.00 | 41,283.00 | 18,413.00 | 44,050.00 |
| Net increase in cash | -276.00 | -210.00 | -121.00 | 398.00 | 1,234.00 | 563.00 | 737.00 | 1,995.00 |
| con:CFO.BEFORE_TAX | 13,988.00 | 44,127.00 | 26,342.00 | 44,427.00 | 29,234.00 | 55,719.00 | 26,305.00 | 54,486.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -959.00 | -367.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -10.00 | -14.00 | 0.00 |
| con:TAX_PAID.OPERATING | 1,592.00 | 4,076.00 | 1,658.00 | 3,643.00 | 1,974.00 | 4,314.00 | 1,441.00 | 3,584.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 1,032.00 | 0.00 | 61.00 | 0.00 | -392.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 25.00 | 0.00 | 25.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 18.00 | 0.00 | 0.00 | 75.00 | 19.00 | 0.00 | 0.00 | 43.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 295.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 647.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 857.00 | 0.00 | 219.00 | 0.00 | 1,790.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 51.10 | 51.10 | 51.10 | 51.10 | 51.10 | 51.10 | 51.10 | 51.10 | 51.10 | 51.10 | 0.51 | 0.51 | 0.51 | 0.51 |
| Domestic institutions | 30.50 | 30.20 | 29.02 | 28.70 | 27.55 | 27.54 | 26.51 | 26.76 | 27.22 | 28.92 | 0.29 | 0.29 | 0.29 | 0.29 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 19.12 | 0.19 | 0.18 | 0.18 | 0.17 |
| Insurance companies | 8.90 | 8.13 | 7.75 | 7.55 | 7.50 | 7.42 | 6.87 | 6.87 | 7.07 | 7.29 | 0.08 | 0.08 | 0.09 | 0.09 |
| Foreign institutions | 15.60 | 15.79 | 16.69 | 17.04 | 17.86 | 17.69 | 18.60 | 18.20 | 17.79 | 16.09 | 0.16 | 0.16 | 0.17 | 0.16 |
| Government | — | — | — | — | — | — | — | — | — | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 48.90 | 48.90 | 48.90 | 48.90 | 48.90 | 48.90 | 48.90 | 48.90 | 48.90 | 48.90 | 0.49 | 0.49 | 0.49 | 0.49 |
| Non-institutional | 2.70 | 2.80 | 3.08 | 3.05 | 3.38 | 3.55 | 3.68 | 3.83 | 3.77 | 3.77 | 0.03 | 0.03 | 0.03 | 0.03 |
| Shares outstanding | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 | 9696666134 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| NTPC RENEWABLE ENERGY LIMITED | Subsidary company | Advance, Any other transaction | 19,021,000,000.00 | 3 |
| NTPC Green Energy Limited | Subsidiary Company | Any other transaction, Investment, Sale of fixed ass | 18,006,300,000.00 | 6 |
| Ratnagiri Gas & Power Private Ltd. | Joint Venture | Any other transaction, Interest received, Loan, Purc | 15,594,700,000.00 | 9 |
| NTPC Vidyut Vyapar Nigam Ltd. | Subsidiary Company | Advance, Any other transaction, Dividend received, P | 12,445,700,000.00 | 6 |
| THDC India Ltd. (THDCIL) | Subsidiary Company | Advance, Dividend received, Purchase of goods or ser | 6,243,000,000.00 | 5 |
| North Eastern Electric Power Corporation Limited (NEEPCO) | Subsidiary of NTPC Limited | Any other transaction, Purchase of goods or services | 4,886,700,000.00 | 2 |
| Patratu Vidyut Utpadan Nigam Ltd. | Subsidiary Company | Advance, Any other transaction, Investment, Sale of | 2,597,900,000.00 | 4 |
| Aravali Power Company Private Ltd. | Joint Venture | Advance, Any other transaction, Dividend received, S | 2,075,200,000.00 | 4 |
| NTPC Limited Employees Provident Fund | Trust | Any other transaction | 1,673,200,000.00 | 2 |
| NTPC GE Power Services Private Limited | Joint Venture of NTPC Limited | Any other transaction, Purchase of goods or services | 1,605,100,000.00 | 4 |
| NTPC Post Retirement Employees Medical Benefit Fund | Trust | Any other transaction | 1,255,500,000.00 | 2 |
| NTPC Tamil Nadu Energy Company Ltd. | Joint Venture | Any other transaction, Dividend received, Purchase o | 1,130,400,000.00 | 5 |
| Bhartiya Rail Bijlee Company Ltd. | Subsidiary Company | Advance, Any other transaction, Dividend received, S | 1,041,400,000.00 | 4 |
| Green Valley Renewable Energy Limited | Subsidary company | Advance, Any other transaction | 969,000,000.00 | 2 |
| Jhabua Power Ltd | Joint Venture of NTPC Limited | Any other transaction, Purchase of goods or services | 944,000,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-02-04 | Q3FY26 | Tribunal (NCLT). | Read the call |
| 2025-11-06 | Q2FY26 | economic growth. | Read the call |
| 2025-01-30 | Q3FY25 | Read the call | |
| 2024-11-01 | Q2FY25 | particularly the renewable energy. | Read the call |
| 2024-05-28 | Q4FY24 | Read the call | |
| 2024-02-05 | Q3FY24 | and financial performance. | Read the call |
| 2023-11-01 | Q2FY24 | Read the call | |
| 2023-08-04 | Q1FY24 | Read the call | |
| 2023-05-23 | Q4FY23 | of the NTPC team. | Read the call |
| 2023-01-31 | Q3FY23 | Read the call | |
| 2022-11-01 | Q2FY23 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q2FY25 | Q2FY26 | Q3FY23 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY23 | Q4FY24 |
|---|---|---|---|---|---|---|---|---|
| Capex | The overall average interest rate on borrowings during H1 FY25 was 6.63% as compared to 6.67% in H1 FY24. In H1 FY 25, we have incurred a group capex … | Additionally, 956 MW has been added in the current month, i.e. October 2025, taking total fresh capacity addition to 5359 MW as on date. | Where are we and how much is required and the capex amount as well? | Fund Mobilization ➢ Average rate of interest during 9M FY24 is 6.66% as compared to 6.32% in 9M FY23. CAPEX ➢ The Capital outlay of NTPC Group has bee… | Fund Mobilization Average interest rate on borrowings during 9M FY25 was 6.64% as compared to 6.66% in 9M FY24. CAPEX In 9M FY25, we have incurred… | The cumulative capital expenditure in coal mining stood at INR14,136 crores as on 31st December 2025, providing a long-term equity deployment under th… | NTPC Limited May 19, 2023 ➢ Average cost of borrowing in FY23 was 6.40% as compared to 5.94% in FY22. CAPEX ➢ In FY23, we have incurred a group CAPEX … | Can you just help us that for the CAPEX there is 70:30 debt equity that we are planning and in view of the interest that we are incurring is 6.67%, an… |
| Capital allocation | The Board has declared the first interim dividend of INR 2.50 per share for the financial year 2024-25. | NTPC's share of profit in JVs was ₹1,059 crore in H1 FY26 as against ₹1,124 crore in H1 FY25. During H1 FY26, we have accounted for dividend income of… | — | NTPC’s share of profit in JVs has increased from ₹481 crore in 9M FY23 to ₹1,424 crore in 9M FY24. ➢ During 9M FY24, we have accounted dividend income… | NTPC Limited January 25, 2025 On a consolidated basis, regulated equity as on 31 December 2024 is ₹1,05,854 crore, which is 5% over last year's figure… | During 9 months FY '26, we have accounted for dividend income of INR 1,901 crores from our subsidiaries and joint venture companies as against INR1,30… | PAT of the group for FY23 is ₹17,121 crore as against previous year PAT of ₹16,960 crore. ➢ During FY23 our share of accounted profits in our Joint Ve… | — |
| Debt and cash | — | — | — | — | Now BHEL is able to take care of their vendor's cash flows. | — | — | — |
| Demand | — | With GDP projected to grow between 6.5% to 7% in the coming years, electricity demand is expected to rise steadily, led by manufacturing and expanding… | My first question is on the FGD pipeline. | Moreover, we have 8225 MW of Renewable Energy Projects in the tendering process, and a substantial 3350 MW Equivalent Land Bank, presenting a tangible… | I just wanted to check the current commissioning pipeline -- the current commissioning momentum, is it in line with your initial targets? | With all this, we remain on track to achieve one of the highest annual capacity addition in the current fiscal supported by strong project pipeline. | Further, I would like to list a few other highlights: ➢ NTPC group already has an operational RE capacity of 3.2 GW and the total RE capacity in the p… | My first question is related to the renewable pipeline projects. |
| Guidance | Sir, please, can you guide what would be the capacity addition in renewables in FY25, FY26 and FY27. | Based on the questions raised by the investors during the earlier con calls, I would like to inform that the fixed costs under recoveries till Septemb… | Can you give some update on what all plants should we expect to commission in FY24? | — | We expect to maintain similar growth on full year basis also. During 9M FY25 our subsidiaries earned profit of ₹1,908 crore as compared to ₹1,516 cr… | When do we expect Meja to get awarded, and it seems you pushed out Lara also to FY '27 now. | At Group level the ratio of Gross Block to CWIP is 3.42 in FY23 as compared to 3.08 in FY22. Going forward we expect growth to continue and believe th… | So, can you help us with the commissioning outlook for the coal based plants for the FY25 and FY26 and if you can help with the plant names? |
| Margin | If you can throw some light on this particular item and if this is an EBITDA neutral or PBT neutral. | Turning to NTPC Green Energy Limited NGEL's revenue from operations for H1 FY26 on a consolidated basis increased 19% to ₹1,292 crore compared to ₹1,0… | — | — | NTPC Limited January 25, 2025 NGEL’s total EBITDA for Q3 FY25 has risen by 22% to ₹500 crore, as against ₹412 crore in the corresponding quarter of … | Consolidated revenue from operations increased by 23% to INR1,946 crores in 9 months FY '26, while operating EBITDA grew by 25% to INR1,701 crores. | I mean, the revenue and EBITDA have declined significantly versus the Q-o-Q levels, I mean the 2Q, 3Q levels. | — |
| People | In the areas of ash management, 9 of our stations achieved 100% ash utilization during H1 FY 25 and approximately 245 lakh metric tons of ash has been… | — | — | — | — | Despite weather-related challenges, NGEL achieved a healthy capacity utilization factor of 21.8%. | — | — |
| Revenue growth | NTPC Group generated 220 billion units in H1 FY25 as compared to 212 billion units in H1 FY24, registering a growth of 3.77%. | Further, our captive mines registered a dispatch growth of 2.61% vis-à-vis the previous year. | — | The coal supply during the corresponding previous period was 54.02 MMT including 1.57 MMT of imported coal. ➢ NTPC Group has registered the highest-ev… | NTPC Limited January 25, 2025 NTPC Group generated 327 Billion Units in 9M FY25 as compared to 315 Billion Units in 9M FY24 registering a growth of … | Power demand recorded an increase of 6.3% in December '25 and has continued to grow in January '26 as well with a growth of 4.89% recorded so far as c… | This scheme has been implemented as a part of the corporate business plan of the group to NTPC Limited May 19, 2023 provide an impetus to its focus on… | — |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2024-02-05 | Q3FY24 | and financial performance. | 65200 MW has been awarded, out of which 5960 MW has already been commissioned & 59240 MW is under implementation. ➢ NTPC Group achieved 300 Billion Unit power generation in FY 2023-24 in record time of 262 days, which is 18 days early as compared to the last financial year. ➢ Erection work for 22 TPD Biomass Pellet Plant at Bhatinda, Punjab has been completed and the project is likely to be commissioned in Q4 of FY 2023-24. |