NTPC share price
NSE: NTPCBSE: 532555PowerLarge Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹300.00.
27 Oct: open ₹299.95, high ₹307.00, low ₹299.75
- Next results date: the board meets on 31 Oct 2026 to consider: financial results and dividend. The notice · Results calendar
- 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. Market capitalisation: how it is worked out
- ₹2,92,645 Cr20th 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. Price to earnings, trailing: how it is worked out
- 10.54
- 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. Price to book: how it is worked out
- 1.44
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.98%
- 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.
- 14.3%
- 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.
- 8.1%
- 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.
- 1.27
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,18,61,44151.8% delivered
About NTPC
NTPC Limited generates electricity at thermal, hydro and renewable energy plants across India and sells it in bulk, mainly to state power utilities.12 Through subsidiaries and joint ventures it also mines coal and works in nuclear energy, and it is building businesses in energy storage and green hydrogen.34
NTPC Green Energy Limited, a listed subsidiary in which it holds 89.01% after an initial public offering, develops utility-scale solar, wind and hybrid power projects; the wholly owned NTPC Vidyut Vyapar Nigam Limited trades power.56 In March 2020 it bought from the Government of India 74.496% of THDC India Limited and 100% of North Eastern Electric Power Corporation Limited (NEEPCO), which generates power in north-eastern India.7 Outside India, it holds half of a joint venture company with the Bangladesh Power Development Board that owns and runs a 1,320 MW thermal power plant in Bangladesh, and is developing solar projects in Sri Lanka and Mauritius.8
It was established in 1975.9 It is a government company: under its Articles of Association, the President of India, acting through the Ministry of Power, appoints and removes its directors.10
NTPC key points
Results
- Consolidated revenue from operations (the company and its subsidiaries together) was ₹1,87,384.63 crore in the year to Mar 2026, and EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹60,563.78 crore.11
- Consolidated profit for the year to Mar 2026 was ₹27,545.76 crore, the company's highest ever, up 15% from ₹23,953.15 crore a year earlier, while revenue from operations fell marginally.1213
- On a standalone basis, revenue from operations in the quarter to Jun 2026 was ₹43,832 crore against ₹42,573 crore a year earlier, and profit was ₹5,343 crore against ₹4,775 crore.14
Market position
- The group generated 432.2 billion units (kilowatt-hours) of electricity in the year to Mar 2026, 23.6% of India's total power generation.15
Business segments
- Segment revenue from external customers, ₹ crore (a segment measure, not revenue from operations)161718Operations are mainly in India; exports of power through trading to Nepal and Bangladesh were ₹1,231.13 crore.
Item year to Mar 2026 year to Mar 2025 Generation of energy 1,75,729.60 1,77,024.46 Others: consultancy, energy trading, coal mining, oil and gas exploration 9,744.53 9,120.20 Total 1,85,474.13 1,86,144.66
Plants and capacity
- The group's installed capacity stood at 91,572 MW on 10 Oct 2026, after a further part of the Kalasar solar project in Rajasthan began commercial operation.19
- In the year to Mar 2026 the group added 9,618 MW, its highest annual addition since inception, taking installed capacity to 89,108 MW.20
- Installed capacity by fuel at the end of March 2026, MW2122These figures leave out the joint-venture plant in Bangladesh.
Item year to Mar 2026 Coal 65,224 Renewable energy 11,577 Gas and liquid fuel 6,511 Hydro 4,475 Total 87,787 - NTPC's coal-based stations ran at a plant load factor (output as a share of the most they could produce) of 72.04% in the year to Mar 2026, against 63.20% for the rest of India.23
Coal mines
- The group's captive coal mines (mines that supply its own plants), operating and under development together, have a combined peak capacity of 92 million tonnes a year.2425
- Production from the captive mines, including the Amelia mine run by THDC India, was 48.65 million tonnes in the year to Mar 2026, 6.22% more than a year earlier.26
- Captive mines met nearly 18% of the company's coal requirement in the year to Mar 2026, and it imported no coal.27
- The company said on 27 Jul 2026 that it expects captive mines to meet 25% of its coal requirement by the year to Mar 2030.28
Expansion and capital spending
- In its presentation of 27 Jul 2026, the company showed 35.7 GW under construction; at the end of Mar 2026, the 34,188 MW under construction comprised 16,520 MW of coal, 2,631 MW of hydro and 15,037 MW of renewable projects.2930
- Group capital spending, including joint ventures and subsidiaries, was ₹55,985.82 crore in the year to Mar 2026, against ₹48,594.59 crore a year earlier.31
- In its presentation of 27 Jul 2026, the company projected capital spending of ₹16.86 lakh crore across its plan to the year to Mar 2037, an average of ₹1.4 lakh crore a year.32
- The company said on 27 Jul 2026 that, subject to transmission lines being ready, it targets adding 7 GW to 8 GW of renewable capacity in the year to Mar 2027.33
What the company expects
- The company stated in its annual report for the year to Mar 2026 that its corporate plan aims for group installed capacity of 149 GW by 2032, including 60 GW of renewable energy, and 244 GW by 2037, including 136 GW of renewable energy.3435
- The company stated in its annual report for the year to Mar 2026 that it plans battery storage of 22 gigawatt-hours (GWh) by 2032 and 52 GWh by 2037, and pumped storage (pumping water uphill to store energy) of 1 GW and 6.2 GW.36
- The company stated in its annual report for the year to Mar 2026 that it targets 0.7 GW of nuclear capacity by 2032 and 6.3 GW by 2037.37
- In its presentation of 27 Jul 2026, the company said it aims to contribute 30 GW to India's target of 100 GW of nuclear capacity by 2047.38
Recent events
- On 11 Jul 2026, the board approved investment in Stage-III of the Lara Super Thermal Power Project (2x800 MW) at an estimated cost of ₹20,456.70 crore.39
- On 1 Apr 2026, the company completed the transfer of all its coal mining business to its wholly owned subsidiary NTPC Mining Limited.40
- On 24 Feb 2026, NTPC and Maharashtra's state generator MAHAGENCO jointly acquired Sinnar Thermal Power, a 1,350 MW coal plant in Nashik, through the insolvency process. As of its annual report of 4 Aug 2026, the 5 units were idle and being revived in phases.4142
Last updated
All 42 sources, each with its page
- 1. Annual report, 4 Aug 2026, page 33
- 2. Annual report, 4 Aug 2026, page 242
- 3. Annual report, 4 Aug 2026, page 56
- 4. Annual report, 4 Aug 2026, page 10
- 5. Annual report, 4 Aug 2026, page 65
- 6. Annual report, 4 Aug 2026, page 67
- 7. Annual report, 4 Aug 2026, page 65
- 8. Annual report, 4 Aug 2026, page 69
- 9. Annual report, 4 Aug 2026, page 5
- 10. Exchange filing, 26 Aug 2026, page 1
- 11. Annual report, 4 Aug 2026, page 22
- 12. Annual report, 4 Aug 2026, page 56
- 13. Annual report, 4 Aug 2026, page 11
- 14. Investor presentation, 27 Jul 2026, page 34
- 15. Annual report, 4 Aug 2026, page 11
- 16. Annual report, 4 Aug 2026, page 240
- 17. Annual report, 4 Aug 2026, page 240
- 18. Annual report, 4 Aug 2026, page 242
- 19. Exchange filing, 10 Oct 2026, page 1
- 20. Annual report, 4 Aug 2026, page 57
- 21. Annual report, 4 Aug 2026, page 33
- 22. Annual report, 4 Aug 2026, page 33
- 23. Annual report, 4 Aug 2026, page 57
- 24. Earnings call, 27 Jul 2026, page 9
- 25. Annual report, 4 Aug 2026, page 11
- 26. Annual report, 4 Aug 2026, page 72
- 27. Annual report, 4 Aug 2026, page 58
- 28. Earnings call, 27 Jul 2026, page 9
- 29. Investor presentation, 27 Jul 2026, page 11
- 30. Annual report, 4 Aug 2026, page 57
- 31. Annual report, 4 Aug 2026, page 59
- 32. Investor presentation, 27 Jul 2026, page 18
- 33. Earnings call, 27 Jul 2026, page 10
- 34. Annual report, 4 Aug 2026, page 57
- 35. Annual report, 4 Aug 2026, page 56
- 36. Annual report, 4 Aug 2026, page 56
- 37. Annual report, 4 Aug 2026, page 56
- 38. Investor presentation, 27 Jul 2026, page 21
- 39. Exchange filing, 11 Jul 2026, page 1
- 40. Annual report, 4 Aug 2026, page 67
- 41. Annual report, 4 Aug 2026, page 58
- 42. Annual report, 4 Aug 2026, page 67
Results
Consolidated; ₹ crore.NTPC quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +2.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +15.9%
Quarter to Jun 2026, against the quarter before
- 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.
- ₹50,741 Crup 2.12%
- 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. Net profit in the glossary
- ₹6,896 Crdown 35.03%
- 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. Net margin in the glossary
- 13.6%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 44,696 | 45,053 | 49,834 | 47,065 | 44,786 | 45,846 | 49,688 | 50,741 |
| Net profit | 5,380 | 5,170 | 7,897 | 6,108 | 5,225 | 5,597 | 10,615 | 6,896 |
| Net margin | 12.0% | 11.5% | 15.8% | 13.0% | 11.7% | 12.2% | 21.4% | 13.6% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,87,385 Crdown 0.40%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹27,546 Crup 15.00%
- Net margin
- 14.7%
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.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 82,081 | 88,083 | 95,742 | 1,09,464 | 1,11,531 | 1,32,669 | 1,76,207 | 1,78,501 | 1,88,138 | 1,87,385 |
| Net profit | 10,714 | 10,502 | 12,633 | 11,902 | 14,969 | 16,960 | 17,121 | 21,332 | 23,953 | 27,546 |
| Net margin | 13.1% | 11.9% | 13.2% | 10.9% | 13.4% | 12.8% | 9.7% | 12.0% | 12.7% | 14.7% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- GenerationGeneration, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,82,610 Crdown 1.00%90.4%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹19,416 Crup 13.67%9.6%
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.NTPC PE ratio and valuation
At or below today's level on 36% of 2,359 trading days over the last 10 years.
At or below today's level on 60% of 1,977 trading days since Nov 2018.
At or below today's level on 45% of 2,478 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 | +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% |
Mutual fund holdings
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.All 541 funds holding NTPC
- 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.
- 1
- 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.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 163
- CutCut. Funds that held fewer shares than at the end of the month before.
- 140
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 227
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 12
| Fund | |||
|---|---|---|---|
| 11,68,13,083 | 20.22% | ₹3,770.1 Cr | |
| 9,21,68,948 | 1.47% | ₹2,974.8 Cr | |
| 6,38,44,743 | 1.78% | ₹2,055.8 Cr | |
| 6,35,00,000 | 2.00% | ₹2,049.5 Cr | |
| 5,19,62,814 | 3.31% | ₹1,677.1 Cr | |
| 4,89,04,762 | 2.07% | ₹1,578.4 Cr | |
| 3,70,79,641 | 2.09% | ₹1,196.7 Cr | |
| 3,67,12,671 | 1.41% | ₹1,184.9 Cr | |
| 3,16,09,003 | 1.47% | ₹1,020.2 Cr | |
| 3,00,17,977 | 1.89% | ₹968.8 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.NTPC insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 1 pledge filing of unclear kind
NTPC competitors and peers
Power Generation, 35 listed companies, priced on 27 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.Power stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 3,63,883 | 19.97 | 4.74 | +17.2% | +51.4% | 27.0% | 14.6% | 0.00% | |
| 2,12,321 | 113.30 | 9.83 | +20.9% | −7.1% | 9.1% | 6.3% | 0.00% | |
| 86,110 | 43.77 | 2.80 | +35.4% | −9.4% | 6.8% | 6.2% | 0.43% | |
| 73,530 | 19.37 | 1.77 | +12.0% | +24.1% | 9.4% | 3.6% | 2.20% | |
| 31,948 | – | 1.48 | +16.8% | – | – | 6.8% | 1.67% | |
| 29,410 | 48.74 | – | +47.5% | – | 12.6% | 6.4% | 0.05% | |
| 19,944 | 31.20 | 1.40 | +60.5% | −7.4% | 4.5% | 5.1% | 2.96% | |
| 14,453 | – | 3.12 | – | – | – | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.NTPC dividend history
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. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 2 Sep 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. Final dividend in the glossary | ₹3.50 |
| 6 Feb 2026 | Interim | ₹2.75 |
| 7 Nov 2025 | Interim | ₹2.75 |
| 4 Sep 2025 | Final | ₹3.35 |
| 31 Jan 2025 | Interim | ₹2.50 |
| 31 Oct 2024 | Interim | ₹2.50 |
Latest announcements
Routine notices left out.NTPC announcements
Oct 2026
NTPC share price by year
Each calendar year to 2025.NTPC share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 329.55 | −1.1% | 366.95 | 298.20 |
| 2024 | 333.35 | +7.1% | 443.20 | 299.30 |
| 2023 | 311.15 | +86.9% | 313.90 | 165.00 |
| 2022 | 166.45 | +33.8% | 181.80 | 124.40 |
| 2021 | 124.40 | +25.2% | 149.65 | 88.95 |
| 2020 | 99.35 | −16.5% | 123.85 | 76.40 |
| 2019 | 119.05 | −4.2% | 143.45 | 108.63 |
| 2018 | 124.21 | −15.8% | 149.08 | 113.50 |
| 2017 | 147.50 | +7.4% | 155.29 | 129.96 |
| 2016 | 137.29 | +12.6% | 139.00 | 98.75 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 297.75 | 301.40 | 294.10 | 300.00 | 298.47 | 62,15,343 | 52.4% |
| 23 Oct 2026 | 302.10 | 302.80 | 292.05 | 298.00 | 295.26 | 87,51,896 | 59.3% |
| 22 Oct 2026 | 301.50 | 302.80 | 297.55 | 302.60 | 300.86 | 77,06,470 | 56.2% |
| 21 Oct 2026 | 309.00 | 310.45 | 301.10 | 303.00 | 304.64 | 88,37,433 | 61.8% |
| 19 Oct 2026 | 313.20 | 316.40 | 308.10 | 309.00 | 311.19 | 78,88,611 | 60.9% |
| 16 Oct 2026 | 314.90 | 317.65 | 311.70 | 315.15 | 315.42 | 97,05,313 | 67.3% |
| 15 Oct 2026 | 312.95 | 317.95 | 311.80 | 314.65 | 315.68 | 1,00,94,653 | 65.9% |
| 14 Oct 2026 | 311.00 | 316.05 | 309.90 | 313.70 | 313.44 | 1,14,11,703 | 57.2% |
| 13 Oct 2026 | 308.40 | 311.90 | 306.15 | 311.00 | 308.84 | 60,14,696 | 52.4% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 Mar 2019 | Bonus | 0.8333 | Holders received 1 bonus share for every 5 held. |
Company details
- NSE symbol
- NTPC
- BSE code
- 532555
- ISIN
- INE733E01010
- Industry
- Power
- Website
- www.ntpc.co.in
- CIN
- L40101DL1975GOI007966
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1975
- Registered office
- NTPC Bhawan, Lodi Road, Scope Complex, 7, Institutional Area, New Delhi 110003, Delhi
- Share registrar
- Beetal Financial & Computer Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments