NTPC Green Energy Limited
NSE: NTPCGREEN · Power Generation · sector
₹81.74NSE close 2026-10-26
Key numbers
Market cap₹68,877 cr
Price₹81.74
52w high / low₹120 / ₹82
P/E115.1xSector median 18.7x
P/B3.6xSector median 1.5x
Book value₹22.5
Dividend yield–Sector median 1.39%
ROE3.2%Sector median 4.5%
ROCE3.6%Sector median 6.2%
OPM87.1%Sector median 33.3%
Debt / equity1.54xSector median 0.90x
EV/EBITDA34.1xSector median 9.8x
Interest cover1.7x
Current ratio0.24x
Sales growth 3y–Sector median +3.1%
Profit growth 3y–Sector median +19.3%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 35 companies in Power Generation (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹618 cr vs borrowings ₹29,258 cr (FY26): borrowings are higher by ₹28,641 cr.
- Operating profit covered interest 1.7x in the last 12 months.
- Other income was 20% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹81.74 on 2026-10-26: -31.9% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹143.39 · low ₹81.74
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 505 | 622 | 680 | 612 | 653 | 913 | 1,107 |
| EBITDA | 424 | 560 | 604 | 530 | 567 | 774 | 989 |
| OPM % | 83.9% | 90.0% | 88.7% | 86.5% | 86.9% | 84.9% | 89.3% |
| Other income | 76 | 129 | 71 | 44 | 31 | 30 | 15 |
| Net profit | 66 | 233 | 220 | 88 | 17 | 197 | 305 |
| EPS (₹) | 0.08 | 0.28 | 0.26 | 0.10 | 0.02 | 0.23 | 0.36 |
| Revenue YoY | +29.3% | +46.7% | +62.7% | ||||
| Profit YoY | -73.4% | -15.5% | +38.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 2,210 | 2,858 | 3,285 |
| EBITDA | 1,917 | 2,475 | 2,860 |
| Net profit | 475 | 523 | 607 |
| EPS (₹) | 0.67 | 0.62 | 0.71 |
| Revenue growth | +29.4% | – | |
| Profit growth | +9.9% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -16.4% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 18,440 | 18,965 |
| Borrowings | 17,972 | 29,258 |
| Cash & equivalents | 3,517 | 618 |
| Total assets | 45,421 | 60,382 |
| Fixed assets | 21,816 | 39,200 |
| Capital work in progress | 13,983 | 14,193 |
| Investments | 0 | 0 |
| Receivables | 516 | 614 |
| Inventory | 32 | 36 |
| Payables | 89 | 152 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 1,999 | 2,386 |
| Cash from investing | -17,793 | -12,117 |
| Cash from financing | 15,715 | 9,796 |
| Capex | 11,985 | 15,266 |
| Free cash flow | -9,986 | -12,880 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 2.6% | 2.8% |
| ROCE % | 3.9% | 3.2% |
| Debtor days | 85 | 78 |
| Inventory days | 5 | 5 |
| Payable days | 15 | 19 |
| Cash conversion cycle (days) | 75 | 64 |
| Working capital days | -61 | -605 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 89.01% |
| FIIs | 1.58% |
| DIIs | 5.29% |
| of which Mutual funds | 4.04% |
| of which Insurance | 1.24% |
| Government | 0.00% |
| Public (non-institutions) | 4.12% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 89.01% | 89.01% | 89.01% | 89.01% | 89.01% | 89.01% | 89.01% | 89.01% |
| Promoter group | % |
|---|---|
| NTPC Limited | 89.01% |
| NTPC Electric Supply Company Limited | 0.00% |
| Patratu Vidyut Utpadan Nigam Limited | 0.00% |
| NTPC Mining Limited | 0.00% |
| North Eastern Electric Power Corporation Limited | 0.00% |
| THDC India Limited | 0.00% |
| NTPC Edmc Waste Solutions Private Limited | 0.00% |
| Ratnagiri Gas and Power Private Limited | 0.00% |
| NTPC Vidyut Vyapar Nigam Limited | 0.00% |
| Bhartiya Rail Bijlee Company Limited | 0.00% |
| Tusco Limited | 0.00% |
| Tredco Rajasthan Limited | 0.00% |
| Thdcil-ujvnl Energy Company Limited | 0.00% |
| Ntpc-sail Power Company Limited | 0.00% |
| NTPC Tamil Nadu Energy Company Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Nippon Life India Trustee Ltd.-a/c Nippon India Active Momentum Fund | 3.31% |
| Life Insurance Corporation of India | 1.20% |
12,12,310 shareholders. Pledged: – of promoter shares.
Peers in Power Generation
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NTPC | ₹2,90,900 cr | 10.5x | 1.4x | 14.3% | 8.7% | 30.9% | +2.1% | 3.01% |
| ADANIGREEN | ₹2,05,875 cr | 113.6x | 9.5x | 9.1% | 7.3% | 86.3% | +18.4% | 0.16% |
| JSWENERGY | ₹82,396 cr | 40.1x | 2.7x | 6.8% | 7.2% | 53.2% | +22.3% | 0.44% |
| NHPC | ₹70,878 cr | 18.7x | 1.7x | 9.4% | 5.0% | 47.4% | +3.1% | 3.33% |
| NTPCGREEN | ₹68,877 cr | 115.1x | 3.6x | 3.2% | 3.6% | 87.1% | – | – |
| NLCINDIA | ₹31,803 cr | 9.6x | 1.5x | 15.7% | 9.0% | 33.3% | +2.7% | 2.31% |
| ACMESOLAR | ₹26,965 cr | 39.0x | 5.3x | 12.6% | 8.6% | 87.6% | – | 0.09% |
| SJVN | ₹19,256 cr | 30.2x | 1.4x | 4.5% | 5.5% | 69.8% | +15.5% | 2.97% |
| CLEANMAX | ₹13,612 cr | 127.6x | 2.9x | 2.0% | 5.4% | 59.2% | – | – |
| NAVA | ₹13,449 cr | 17.8x | 1.5x | 9.2% | 13.3% | 38.4% | +6.7% | 3.68% |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Generation of Electricity: Power Generation
| Sector | Utilities |
| Industry | Power Generation |
| Sub-industry | Power Generation |
| Symbol | NTPCGREEN |
| BSE code | 544289 |
| ISIN | INE0ONG01011 |
| Face value | ₹10.0 |
| Incorporated | 2022-04-07 |
| Website | https://www.ngel.in |
| Plants (India / abroad) | 27 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.