Shares of NHPC experienced a decline of 2.07% on Wednesday, with the stock price reaching Rs 86.78. The stock is a constituent of the Nifty Midcap 150 index.
Financial Performance:
NHPC's financial performance reveals the following trends based on consolidated figures:
Quarterly Results:
| Particulars | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 2,694.20 Crore | Rs 3,051.93 Crore | Rs 2,286.76 Crore | Rs 2,346.97 Crore | Rs 3,213.77 Crore |
| Net Profit | Rs 1,107.75 Crore | Rs 1,068.93 Crore | Rs 328.94 Crore | Rs 919.52 Crore | Rs 1,130.54 Crore |
| EPS | 1.02 | 0.90 | 0.23 | 0.85 | 1.06 |
The company's revenue for the quarter-ending June 2025 stood at Rs 3,213.77 Crore, an increase compared to Rs 2,346.97 Crore in March 2025. The net profit for the quarter-ending June 2025 was Rs 1,130.54 Crore, up from Rs 919.52 Crore in the previous quarter.
Annual Results:
| Particulars | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 9,647.89 Crore | Rs 9,188.78 Crore | Rs 10,607.40 Crore | Rs 9,632.16 Crore | Rs 10,379.86 Crore |
| Net Profit | Rs 3,587.62 Crore | Rs 3,775.72 Crore | Rs 4,239.83 Crore | Rs 4,023.61 Crore | Rs 3,409.37 Crore |
| EPS | 3.24 | 4.71 | 3.87 | 3.61 | 2.72 |
| BVPS | 35.76 | 37.61 | 41.53 | 38.53 | 39.49 |
| ROE | 9.84 | 10.09 | 10.54 | 9.36 | 7.57 |
| Debt to Equity | 0.66 | 0.75 | 0.80 | 0.84 | 0.99 |
The annual revenue for the year-ending March 2025 was Rs 10,379.86 Crore, up from Rs 9,632.16 Crore in the previous year. However, the net profit decreased to Rs 3,409.37 Crore for the year-ending March 2025, compared to Rs 4,023.61 Crore in the previous year.
Annual Income Statement:
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Sales | Rs 10,379 Crore | Rs 9,632 Crore | Rs 10,607 Crore | Rs 9,188 Crore | Rs 9,647 Crore |
| Other Income | Rs 1,349 Crore | Rs 1,361 Crore | Rs 677 Crore | Rs 964 Crore | Rs 1,057 Crore |
| Total Income | Rs 11,729 Crore | Rs 10,993 Crore | Rs 11,284 Crore | Rs 10,152 Crore | Rs 10,705 Crore |
| Total Expenditure | Rs 5,775 Crore | Rs 5,552 Crore | Rs 5,594 Crore | Rs 6,401 Crore | Rs 5,566 Crore |
| EBIT | Rs 5,953 Crore | Rs 5,441 Crore | Rs 5,690 Crore | Rs 3,751 Crore | Rs 5,138 Crore |
| Interest | Rs 1,188 Crore | Rs 402 Crore | Rs 474 Crore | Rs 532 Crore | Rs 649 Crore |
| Tax | Rs 1,355 Crore | Rs 1,015 Crore | Rs 976 Crore | Rs -556 Crore | Rs 900 Crore |
| Net Profit | Rs 3,409 Crore | Rs 4,023 Crore | Rs 4,239 Crore | Rs 3,775 Crore | Rs 3,587 Crore |
The total sales for the year ending March 2025 stood at Rs 10,379 Crore compared to Rs 9,632 Crore in March 2024. The net profit was Rs 3,409 Crore in March 2025 compared to Rs 4,023 Crore in March 2024.
Quarterly Income Statement:
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|
| Sales | Rs 3,213 Crore | Rs 2,346 Crore | Rs 2,286 Crore | Rs 3,051 Crore | Rs 2,694 Crore |
| Other Income | Rs 228 Crore | Rs 325 Crore | Rs 330 Crore | Rs 350 Crore | Rs 343 Crore |
| Total Income | Rs 3,442 Crore | Rs 2,672 Crore | Rs 2,616 Crore | Rs 3,402 Crore | Rs 3,037 Crore |
| Total Expenditure | Rs 1,664 Crore | Rs 1,517 Crore | Rs 1,528 Crore | Rs 1,435 Crore | Rs 1,441 Crore |
| EBIT | Rs 1,778 Crore | Rs 1,154 Crore | Rs 1,088 Crore | Rs 1,966 Crore | Rs 1,596 Crore |
| Interest | Rs 260 Crore | Rs -12 Crore | Rs 655 Crore | Rs 292 Crore | Rs 90 Crore |
| Tax | Rs 387 Crore | Rs 247 Crore | Rs 104 Crore | Rs 605 Crore | Rs 398 Crore |
| Net Profit | Rs 1,130 Crore | Rs 919 Crore | Rs 328 Crore | Rs 1,068 Crore | Rs 1,107 Crore |
The total sales for the quarter ending June 2025 stood at Rs 3,213 Crore. The net profit for the same period was Rs 1,130 Crore.
Cash Flow:
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Operating Activities | Rs 5,026 Crore | Rs 6,937 Crore | Rs 4,692 Crore | Rs 6,471 Crore | Rs 5,072 Crore |
| Investing Activities | Rs -7,550 Crore | Rs -5,968 Crore | Rs -4,246 Crore | Rs -4,966 Crore | Rs -1,530 Crore |
| Financing Activities | Rs 1,903 Crore | Rs -581 Crore | Rs -795 Crore | Rs -638 Crore | Rs -3,137 Crore |
| Others | Rs 0 Crore | Rs 0 Crore | Rs 54 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Cash Flow | Rs -620 Crore | Rs 387 Crore | Rs -294 Crore | Rs 867 Crore | Rs 405 Crore |
The net cash flow for the year ending March 2025 was Rs -620 Crore.
Balance Sheet:
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Share Capital | Rs 10,045 Crore | Rs 10,045 Crore | Rs 10,045 Crore | Rs 10,045 Crore | Rs 10,045 Crore |
| Reserves & Surplus | Rs 29,623 Crore | Rs 28,657 Crore | Rs 26,854 Crore | Rs 24,875 Crore | Rs 23,045 Crore |
| Current Liabilities | Rs 11,390 Crore | Rs 10,960 Crore | Rs 9,426 Crore | Rs 8,623 Crore | Rs 6,960 Crore |
| Other Liabilities | Rs 51,618 Crore | Rs 43,632 Crore | Rs 39,761 Crore | Rs 33,740 Crore | Rs 33,105 Crore |
| Total Liabilities | Rs 102,677 Crore | Rs 93,295 Crore | Rs 86,087 Crore | Rs 77,284 Crore | Rs 73,157 Crore |
| Fixed Assets | Rs 72,768 Crore | Rs 61,305 Crore | Rs 53,494 Crore | Rs 44,347 Crore | Rs 41,050 Crore |
| Current Assets | Rs 18,467 Crore | Rs 17,964 Crore | Rs 17,447 Crore | Rs 16,094 Crore | Rs 16,733 Crore |
| Other Assets | Rs 11,441 Crore | Rs 14,025 Crore | Rs 15,145 Crore | Rs 16,842 Crore | Rs 15,373 Crore |
| Total Assets | Rs 102,677 Crore | Rs 93,295 Crore | Rs 86,087 Crore | Rs 77,284 Crore | Rs 73,157 Crore |
| Contingent Liabilities | Rs 44,736 Crore | Rs 67,926 Crore | Rs 53,763 Crore | Rs 23,323 Crore | Rs 20,217 Crore |
The total assets of NHPC for the year ending March 2025 stood at Rs 102,677 Crore, compared to Rs 93,295 Crore in the previous year.
Financial Ratios:
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 2.72 | 3.61 | 3.87 | 4.71 | 3.24 |
| Diluted Eps (Rs.) | 2.99 | 3.61 | 3.87 | 3.51 | 3.24 |
| Book Value /Share (Rs.) | 39.49 | 38.53 | 41.53 | 37.61 | 35.76 |
| Dividend/Share (Rs.) | 1.91 | 1.90 | 1.85 | 1.81 | 1.60 |
| Face Value | 10 | 10 | 10 | 10 | 10 |
| Gross Profit Margin (%) | 66.17 | 64.67 | 65.47 | 66.94 | 66.38 |
| Operating Margin (%) | 54.68 | 52.38 | 54.02 | 53.99 | 52.92 |
| Net Profit Margin (%) | 32.84 | 41.77 | 39.97 | 41.09 | 37.18 |
| Return on Equity (%) | 7.57 | 9.36 | 10.54 | 10.09 | 9.84 |
| ROCE (%) | 6.21 | 6.12 | 7.47 | 7.22 | 7.71 |
| Return On Assets (%) | 2.92 | 3.88 | 4.51 | 4.55 | 4.45 |
| Current Ratio (X) | 1.62 | 1.64 | 1.85 | 1.87 | 2.40 |
| Quick Ratio (X) | 1.60 | 1.62 | 1.83 | 1.85 | 2.38 |
| Debt to Equity (x) | 0.99 | 0.84 | 0.80 | 0.75 | 0.66 |
| Interest Coverage Ratios (X) | 5.78 | 15.48 | 14.65 | 11.56 | 7.86 |
| Asset Turnover Ratio (%) | 0.11 | 0.11 | 0.12 | 0.12 | 13.18 |
| Inventory Turnover Ratio (X) | 46.42 | 54.84 | 0.00 | 0.00 | 72.17 |
| 3 Yr CAGR Sales (%) | 6.28 | -0.08 | 2.95 | 1.14 | 11.54 |
| 3 Yr CAGR Net Profit (%) | -4.98 | 5.90 | 12.64 | 15.50 | 13.50 |
| P/E (x) | 30.22 | 24.85 | 10.39 | 5.90 | 7.55 |
| P/B (x) | 2.08 | 2.33 | 1.09 | 0.80 | 0.74 |
| EV/EBITDA (x) | 18.17 | 19.92 | 10.36 | 8.93 | 7.35 |
| P/S (x) | 7.96 | 9.35 | 3.81 | 3.04 | 2.55 |
The debt to equity ratio for the year ending March 2025 is 0.99. The P/E ratio as of March 2025 is 30.22 and the P/B ratio is 2.08.
Corporate Actions:
Recent corporate actions by NHPC include:
- Appointment of Joint Statutory Auditors for FY 2025-26.
- Appointment of Shri Bhupender Gupta as Chairman & Managing Director w.e.f. September 4, 2025.
- Participation in investors conferences on September 8 and 9, 2025.
The company announced a final dividend of Rs 0.51 per share (5.1%) with effect from August 14, 2025, and an interim dividend of Rs 1.40 per share (14%) with effect from February 13, 2025.
Moneycontrol analysis as of September 11, 2025, suggests a neutral sentiment on the stock.
Overall, the stock is currently trading lower, influenced by the broader market dynamics and company-specific announcements.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
