NTPC Green Energy share price
NSE: NTPCGREENBSE: 544289PowerMid Cap
NTPC Green Energy Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2024
Last close ₹83.93up ₹0.71 (0.85%)BSE ₹83.93
Share price at the NSE close on 29 Oct 2026. Previous close ₹83.22.
29 Oct: open ₹83.22, high ₹84.25, low ₹82.80
52-week range of traded prices to 29 Oct 2026
₹79.00Low, 23 Oct 2026₹119.95High, 27 Apr 2026
- Next results date: the board meets on 30 Oct 2026 to consider: financial results. 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
- ₹70,722 Cr131st 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
- 116.52
- 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
- 3.73
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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.
- 3.2%
- 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.
- 3.4%
- 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.
- 1.52
- 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
- 13,24,61850.0% delivered
About NTPC Green Energy
NTPC Green Energy Limited is the renewable energy arm of the NTPC Group.1 With its subsidiaries and joint ventures, it runs solar and wind power plants and is expanding into energy storage and green hydrogen.2 It sells the electricity in bulk across India, mainly to state-owned power utilities and central public sector companies, under long-term power purchase agreements, contracts in which a buyer agrees to take power for many years.34
The company reports a single segment, generation of electricity, and has no exports.54 At 31 Mar 2026 it had 6 subsidiaries and 4 joint ventures; the wholly owned NTPC Renewable Energy Limited is its material subsidiary, meaning its turnover or net worth exceeds 10% of the group's.678 Its joint ventures, each owned 50:50, are with Indian Oil, ONGC Green, Maharashtra State Power Generation Company (MAHAGENCO) and New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP).910
It was incorporated in 2022.11 Capacity held under NTPC was transferred to the company in February 2023.12 Its shares were listed on BSE and NSE on 27 Nov 2024 after an initial public offering that raised ₹10,000 crore.1314 ONGC NTPC Green acquired all of Ayana Renewable Power on 27 Mar 2025.15 In October 2025 the Department of Public Enterprises gave it Schedule 'A' status, the top grade for central public sector enterprises.16
NTPC Limited, majority-owned by the central government, is the promoter and held 89.01% of the shares at the end of March 2026.1718
NTPC Green Energy key points
Results
- In the quarter to Jun 2026, consolidated revenue from operations rose 63% to ₹1,107 crore, operating EBITDA (earnings before interest, tax, depreciation and amortisation, by the company's measure) 64% to ₹989 crore and profit after tax 38% to ₹305 crore, year on year.19
- In the year to Mar 2026, consolidated revenue from operations rose 29.36% to ₹2,858.42 crore from ₹2,209.64 crore, and profit for the year rose 9.96% to ₹521.35 crore from ₹474.12 crore.20
- Consolidated EBITDA rose 22.04% to ₹2,651.76 crore in the year, and operating EBITDA to ₹2,475.06 crore from ₹1,916.73 crore, an operating EBITDA margin (operating EBITDA as a share of revenue) of 86.59%.21
- Consolidated operating EBITDA leaves out Ayana Renewable Power, held through a joint venture; basal operating EBITDA, the company's measure adding its share of joint ventures' EBITDA, was ₹1,204 crore in the quarter to Jun 2026 against ₹741 crore a year earlier.22
Market position
- The company says it is the largest renewable energy public sector enterprise by operating capacity, excluding hydro power.23
Plants and capacity
- At the end of June 2026 the group, including its joint ventures, had 10,671 MW in operation: 9,891 MW solar and 780 MW wind.242526
- From October 2026, a 50 MW solar addition in Rajasthan, held through a joint venture, took group installed capacity to 11,262.51 MW.27
- The group added 4,174 MW in the year to Mar 2026, taking operating capacity to 10,076 MW from 5,902 MW, and a further 595 MW in the quarter to Jun 2026.2829
- Group generation was 14.60 billion units (kilowatt-hours) in the year to Mar 2026 against 6.90 billion, at an average capacity utilisation factor (output as a share of the maximum possible) of 22.48% against 24.07%.3031
Projects in hand
- At the end of June 2026 the group also had 16,318 MW of contracted and awarded capacity (power purchase agreement signed or letter of award received) and 3,424 MW in the pipeline (memorandum of understanding or term sheet signed).323334
- Largest states in the portfolio (operating plus contracted and awarded)3536The company says a further 4.6 GW of contracted and awarded capacity is to be spread over multiple states.
Item quarter to Jun 2026 Gujarat 7,578 MW Rajasthan 7,436 MW Karnataka 2,935 MW Uttar Pradesh 1,515 MW Andhra Pradesh 1,450 MW Madhya Pradesh 625 MW
Customers and partners
Expansion and capital spending
- The company stated in its annual report for the year to Mar 2026 that it is contributing to the NTPC Group's target of 60 GW of renewable energy capacity by the year to Mar 2032.39
- At the end of June 2026 the group's contracted and awarded projects included battery storage of 320 MWh (megawatt-hours) in Kerala, 1,600 MWh in Rajasthan and 200 MWh in Uttar Pradesh.4041
- Consolidated commitments under contracts not yet carried out for building plants and equipment stood at ₹24,390.73 crore at the end of March 2026, against ₹20,214.10 crore a year earlier.42
Debt and funding
- Consolidated net debt, borrowings less cash, was ₹29,210.86 crore at the end of March 2026 against ₹17,953.13 crore a year earlier, and net debt to equity 1.52 against 0.97.43
- In the year to Mar 2026 it raised ₹1,500 crore through unsecured non-convertible debentures, bonds that cannot be turned into shares, at an interest rate (coupon) of 7.01% for 10 years and 1 day; they were listed on the NSE on 12 Nov 2025.44
- CRISIL and Ind-RA, which grade a borrower's ability to repay, rate its long-term facilities and debentures AAA/Stable and its short-term facilities A1+.45
- The company proposed no dividend for the year to Mar 2026, saying its subsidiaries' and joint ventures' capital spending plans need equity beyond its internal accruals.46
Recent events
- On 21 Aug 2026, NTPC Renewable Energy won 500 MW in SECI's tender for assured peak power, 4 hours of supply at times of peak demand, at a tariff of ₹6.00 per kWh.47
- On 7 Aug 2026, the company won 200 MW/800 MWh of standalone battery storage (power and stored energy) in a West Bengal distribution company tender at ₹4.35 lakh per MW per month.48
- On 3 Jul 2026, NTPC Renewable Energy signed a power purchase agreement with PTC India to sell 1,200 MW of solar power under a bilateral arrangement.49
- On 30 Mar 2026, NTPC Renewable Energy agreed with SECI to supply 70,000 tonnes a year of green ammonia to Krishna Phoschem in Meghnagar, Madhya Pradesh, under the SIGHT scheme of the National Green Hydrogen Mission.50
Last updated
All 50 sources, each with its page
- 1. Annual report, 5 Aug 2026, page 42
- 2. Annual report, 5 Aug 2026, page 30
- 3. Annual report, 5 Aug 2026, page 211
- 4. Annual report, 5 Aug 2026, page 89
- 5. Annual report, 5 Aug 2026, page 204
- 6. Annual report, 5 Aug 2026, page 44
- 7. Annual report, 5 Aug 2026, page 67
- 8. Annual report, 5 Aug 2026, page 29
- 9. Investor presentation, 22 Jul 2026, page 5
- 10. Annual report, 5 Aug 2026, page 176
- 11. Annual report, 5 Aug 2026, page 1
- 12. Investor presentation, 22 Jul 2026, page 14
- 13. Annual report, 5 Aug 2026, page 182
- 14. Annual report, 5 Aug 2026, page 232
- 15. Annual report, 5 Aug 2026, page 148
- 16. Annual report, 5 Aug 2026, page 23
- 17. Annual report, 5 Aug 2026, page 277
- 18. Annual report, 5 Aug 2026, page 199
- 19. Investor presentation, 22 Jul 2026, page 11
- 20. Annual report, 5 Aug 2026, page 25
- 21. Annual report, 5 Aug 2026, page 46
- 22. Investor presentation, 22 Jul 2026, page 11
- 23. Investor presentation, 22 Jul 2026, page 4
- 24. Investor presentation, 22 Jul 2026, page 15
- 25. Investor presentation, 22 Jul 2026, page 4
- 26. Investor presentation, 22 Jul 2026, page 11
- 27. Exchange filing, 30 Sep 2026, page 1
- 28. Annual report, 5 Aug 2026, page 23
- 29. Investor presentation, 22 Jul 2026, page 14
- 30. Annual report, 5 Aug 2026, page 25
- 31. Annual report, 5 Aug 2026, page 45
- 32. Investor presentation, 22 Jul 2026, page 4
- 33. Investor presentation, 22 Jul 2026, page 19
- 34. Investor presentation, 22 Jul 2026, page 23
- 35. Investor presentation, 22 Jul 2026, page 4
- 36. Investor presentation, 22 Jul 2026, page 4
- 37. Annual report, 5 Aug 2026, page 148
- 38. Investor presentation, 22 Jul 2026, page 21
- 39. Annual report, 5 Aug 2026, page 28
- 40. Investor presentation, 22 Jul 2026, page 4
- 41. Investor presentation, 22 Jul 2026, page 23
- 42. Annual report, 5 Aug 2026, page 320
- 43. Annual report, 5 Aug 2026, page 307
- 44. Annual report, 5 Aug 2026, page 25
- 45. Investor presentation, 22 Jul 2026, page 4
- 46. Annual report, 5 Aug 2026, page 25
- 47. Exchange filing, 22 Aug 2026, page 2
- 48. Exchange filing, 7 Aug 2026, page 2
- 49. Exchange filing, 3 Jul 2026, page 2
- 50. Exchange filing, 31 Mar 2026, page 2
Results
Consolidated; ₹ crore.NTPC Green Energy quarterly results
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.
- ₹1,107 Crup 21.28%
- 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
- ₹305 Crup 54.61%
- 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
- 27.5%
Revenue by quarter
Peak revenue ₹1,107 Cr, quarter to Jun 2026; lowest ₹505 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 505 | 622 | 680 | 612 | 653 | 913 | 1,107 |
| Net profit | 66 | 233 | 220 | 86 | 17 | 197 | 305 |
| Net margin | 13.0% | 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.
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.
- ₹2,858 Crup 29.36%
- 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.
- ₹521 Crup 9.96%
- Net margin
- 18.2%
Revenue by year
Peak revenue ₹2,858 Cr, year to Mar 2026; lowest ₹2,210 Cr, year to Mar 2025
Net profit by year, a loss in red
| ₹ crore | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue | 2,210 | 2,858 |
| Net profit | 474 | 521 |
| Net margin | 21.5% | 18.2% |
Consolidated. Years to March. 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.NTPC Green Energy PE ratio and valuation
Price to earnings
At or below today's level on 2% of 247 trading days over the last year.
LowestHighest
Its median132.61Industry median20.24
Price to book
At or below today's level on 2% of 247 trading days over the last year.
LowestHighest
Its median4.15Industry median1.49
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 | −8.2% | +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.
Mutual fund holdings
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.All 103 funds holding NTPC Green Energy
- 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.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 40
- CutCut. Funds that held fewer shares than at the end of the month before.
- 36
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 24
- 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
- 1
| Fund | |||
|---|---|---|---|
 Nippon India Growth Mid Cap FundNippon India Mutual Fund | 7,80,00,000 | 1.45% | ₹728.3 Cr |
| Nippon India Multi Cap FundNippon India Mutual Fund | 4,04,42,921 | 0.70% | ₹377.6 Cr |
| Nippon India Large Cap FundNippon India Mutual Fund | 3,79,81,560 | 0.69% | ₹354.6 Cr |
| Nippon India Power & Infra FundNippon India Mutual Fund | 3,61,29,939 | 4.29% | ₹337.3 Cr |
| Nippon India Small Cap FundNippon India Mutual Fund | 3,12,07,243 | 0.36% | ₹291.4 Cr |
 Kotak Multi Asset Allocation FundKotak Mahindra Mutual Fund | 1,32,43,959 | 0.81% | ₹123.7 Cr |
| Nippon India Value FundNippon India Mutual Fund | 1,24,40,383 | 1.37% | ₹116.2 Cr |
| Nippon India Flexi Cap FundNippon India Mutual Fund | 82,42,406 | 0.84% | ₹77.0 Cr |
| Nippon India ELSS Tax Saver FundNippon India Mutual Fund | 76,58,758 | 0.51% | ₹71.5 Cr |
 ICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund | 68,57,238 | 0.80% | ₹64.0 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 30 Oct 2025.NTPC Green Energy insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
NTPC Green Energy competitors and peers
Power Generation, 35 listed companies, priced on 29 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.Power stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Adani PowerADANIPOWER | 3,68,723 | 20.24 | 4.80 | +17.2% | +51.4% | 27.0% | 14.6% | 0.00% |
 Adani Green EnergyADANIGREEN | 2,15,286 | 114.88 | 9.97 | +20.9% | −7.1% | 9.1% | 6.3% | 0.00% |
 JSW EnergyJSWENERGY | 93,508 | 40.33 | 2.55 | +26.4% | +14.6% | 7.0% | 6.0% | 0.39% |
 NHPCNHPC | 77,548 | 20.43 | 1.87 | +12.0% | +24.1% | 9.4% | 3.6% | 2.09% |
 NLC IndiaNLCINDIA | 32,967 | – | 1.53 | +16.8% | – | – | 6.8% | 1.62% |
 Acme Solar HoldingsACMESOLAR | 29,392 | 38.84 | 3.51 | +53.7% | – | 11.5% | 5.3% | 0.05% |
 SJVNSJVN | 20,592 | 32.21 | 1.45 | +60.5% | −7.4% | 4.5% | 5.1% | 2.86% |
 Clean Max Enviro Energy SolutionsCLEANMAX | 14,842 | – | 3.20 | – | – | – | – | 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.NTPC Green Energy announcements
Oct 2026
22 Oct · Board meeting
Sep 2026
29 Sep · General Updates
26 Sep · General Updates
NTPC Green Energy share price by year
Each calendar year to 2025.NTPC Green Energy share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 94.55 | −25.7% | 128.17 | 87.08 |
| 2024 | 127.19 | – | 148.61 | 121.65 |
₹ 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 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 83.94 | 83.94 | 82.52 | 83.22 | 83.08 | 8,32,433 | 42.9% |
| 27 Oct 2026 | 82.00 | 83.64 | 81.69 | 83.13 | 83.05 | 10,76,889 | 51.6% |
| 26 Oct 2026 | 81.20 | 82.44 | 79.93 | 81.74 | 81.61 | 13,67,418 | 40.6% |
| 23 Oct 2026 | 84.85 | 84.85 | 79.00 | 81.21 | 80.76 | 50,81,779 | 45.8% |
| 22 Oct 2026 | 84.04 | 85.15 | 82.45 | 84.35 | 83.74 | 20,62,787 | 37.4% |
| 21 Oct 2026 | 88.18 | 88.22 | 83.26 | 84.04 | 84.59 | 65,79,546 | 56.2% |
| 19 Oct 2026 | 90.00 | 90.25 | 87.30 | 87.68 | 88.54 | 22,00,335 | 57.8% |
| 16 Oct 2026 | 90.70 | 91.90 | 89.10 | 89.82 | 89.99 | 67,15,896 | 63.3% |
| 15 Oct 2026 | 91.72 | 91.99 | 90.26 | 90.66 | 90.97 | 12,44,611 | 51.2% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- NTPCGREEN
- BSE code
- 544289
- ISIN
- INE0ONG01011
- Industry
- Power
- Website
- ngel.in/ngel-home
- CIN
- L40100DL2022GOI396282
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2022
- Registered office
- Core-7, NTPC Bhawan, SCOPE Complex, Lodi Road, 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
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