NTPC Green Energy shares gained 2.05% to trade at Rs 110.46 in Friday's session, driven by positive investor sentiment. The stock is currently trading among the top gainers on the Nifty Midcap 150 index as of 10:10 am.
Financial Performance:
NTPC Green Energy's financial performance shows consistent growth in revenue and net profit. Here's a summary of the company's consolidated quarterly and yearly results:
Consolidated Quarterly Results:
| Heading | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 508.14 Crore | Rs 578.44 Crore | Rs 503.85 Crore | Rs 505.08 Crore | Rs 622.27 Crore |
| Net Profit | Rs 80.95 Crore | Rs 138.61 Crore | Rs 38.07 Crore | Rs 65.61 Crore | Rs 233.06 Crore |
| EPS | 0.17 | 0.18 | 0.06 | 0.08 | 0.28 |
The revenue for the quarter ending March 2025 increased to Rs 622.27 Crore compared to Rs 508.14 Crore in March 2024, showcasing substantial growth. The net profit also saw a significant rise, reaching Rs 233.06 Crore in March 2025 from Rs 80.95 Crore in the same quarter of the previous year.
Consolidated Yearly Results:
| Heading | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | Rs 169.69 Crore | Rs 1,962.60 Crore | Rs 2,209.64 Crore |
| Net Profit | Rs 171.23 Crore | Rs 344.72 Crore | Rs 475.35 Crore |
| EPS | 4.66 | 0.73 | 0.67 |
| BVPS | 10.36 | 10.90 | 21.88 |
| ROE | 3.50 | 5.53 | 2.57 |
| Debt to Equity | 1.11 | 2.05 | 0.97 |
The annual revenue for 2025 stood at Rs 2,209.64 Crore, a notable increase from Rs 169.69 Crore in 2023. Similarly, the net profit rose to Rs 475.35 Crore in 2025 from Rs 171.23 Crore in 2023. The Debt to Equity ratio decreased from 1.11 in 2023 to 0.97 in 2025.
Standalone Yearly Income Statement:
| Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|
| Sales | Rs 2,022 Crore | Rs 1,951 Crore | Rs 169 Crore |
| Other Income | Rs 250 Crore | Rs 77 Crore | Rs 0 Crore |
| Total Income | Rs 2,273 Crore | Rs 2,028 Crore | Rs 170 Crore |
| Total Expenditure | Rs 948 Crore | Rs 836 Crore | Rs 64 Crore |
| EBIT | Rs 1,324 Crore | Rs 1,192 Crore | Rs 106 Crore |
| Interest | Rs 656 Crore | Rs 679 Crore | Rs 49 Crore |
| Tax | Rs 178 Crore | Rs 142 Crore | Rs -118 Crore |
| Net Profit | Rs 489 Crore | Rs 370 Crore | Rs 174 Crore |
The standalone annual income statement shows that sales increased from Rs 169 Crore in March 2023 to Rs 2,022 Crore in March 2025. The net profit also increased from Rs 174 Crore in March 2023 to Rs 489 Crore in March 2025.
Standalone Quarterly Income Statement:
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 548 Crore | Rs 460 Crore | Rs 468 Crore | Rs 544 Crore | Rs 500 Crore |
| Other Income | Rs 137 Crore | Rs 70 Crore | Rs 22 Crore | Rs 19 Crore | Rs 47 Crore |
| Total Income | Rs 686 Crore | Rs 531 Crore | Rs 491 Crore | Rs 564 Crore | Rs 547 Crore |
| Total Expenditure | Rs 246 Crore | Rs 244 Crore | Rs 234 Crore | Rs 223 Crore | Rs 224 Crore |
| EBIT | Rs 439 Crore | Rs 286 Crore | Rs 257 Crore | Rs 340 Crore | Rs 322 Crore |
| Interest | Rs 160 Crore | Rs 163 Crore | Rs 167 Crore | Rs 164 Crore | Rs 172 Crore |
| Tax | Rs 73 Crore | Rs 33 Crore | Rs 26 Crore | Rs 44 Crore | Rs 46 Crore |
| Net Profit | Rs 205 Crore | Rs 89 Crore | Rs 63 Crore | Rs 130 Crore | Rs 104 Crore |
The standalone quarterly income statement shows that sales increased from Rs 500 crore in March 2024 to Rs 548 crore in March 2025. The net profit also increased from Rs 104 crore in March 2024 to Rs 205 crore in March 2025.
Cash Flow:
| Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|
| Operating Activities | Rs 1,887 Crore | Rs 1,568 Crore | Rs 37 Crore |
| Investing Activities | Rs -13,013 Crore | Rs -5,371 Crore | Rs -9,777 Crore |
| Financing Activities | Rs 11,012 Crore | Rs 3,906 Crore | Rs 9,749 Crore |
| Others | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Cash Flow | Rs -112 Crore | Rs 103 Crore | Rs 10 Crore |
Cash flow from operating activities increased from Rs 37 Crore in March 2023 to Rs 1,887 Crore in March 2025.
Balance Sheet:
| Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|
| Share Capital | Rs 8,426 Crore | Rs 5,719 Crore | Rs 4,719 Crore |
| Reserves & Surplus | Rs 10,060 Crore | Rs 544 Crore | Rs 174 Crore |
| Current Liabilities | Rs 1,574 Crore | Rs 1,779 Crore | Rs 4,573 Crore |
| Other Liabilities | Rs 10,364 Crore | Rs 10,278 Crore | Rs 7,411 Crore |
| Total Liabilities | Rs 30,425 Crore | Rs 18,321 Crore | Rs 16,878 Crore |
| Fixed Assets | Rs 15,338 Crore | Rs 15,468 Crore | Rs 14,902 Crore |
| Current Assets | Rs 4,113 Crore | Rs 1,202 Crore | Rs 719 Crore |
| Other Assets | Rs 10,972 Crore | Rs 1,651 Crore | Rs 1,256 Crore |
| Total Assets | Rs 30,425 Crore | Rs 18,321 Crore | Rs 16,878 Crore |
| Contingent Liabilities | Rs 0 Crore | Rs 497 Crore | Rs 477 Crore |
Total assets increased from Rs 16,878 crore in March 2023 to Rs 30,425 crore in March 2025.
Financial Ratios:
| Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|
| Basic EPS (Rs.) | 0.69 | 0.78 | 4.75 |
| Diluted Eps (Rs.) | 0.69 | 0.78 | 4.75 |
| Book Value /Share (Rs.) | 21.94 | 10.95 | 10.37 |
| Dividend/Share (Rs.) | 0.00 | 0.00 | 0.00 |
| Face Value | 10 | 10 | 10 |
| Gross Profit Margin (%) | 98.46 | 93.55 | 92.01 |
| Operating Margin (%) | 65.47 | 61.11 | 62.60 |
| Net Profit Margin (%) | 24.19 | 18.98 | 102.79 |
| Return on Networth (%) | 2.64 | 5.91 | 3.56 |
| ROCE (%) | 4.58 | 7.20 | 0.86 |
| Return On Assets (%) | 1.60 | 2.02 | 1.03 |
| Current Ratio (X) | 2.61 | 0.68 | 0.16 |
| Quick Ratio (X) | 2.60 | 0.66 | 0.15 |
| Debt to Equity (x) | 0.44 | 1.30 | 1.03 |
| Interest Coverage Ratios (X) | 3.03 | 2.69 | 3.13 |
| Asset Turnover Ratio (%) | 0.08 | 0.11 | 0.00 |
| Inventory Turnover Ratio (X) | 0.00 | 0.00 | 0.00 |
| 3 Yr CAGR Sales (%) | 4,397.27 | 4,317.16 | 1,202.65 |
| 3 Yr CAGR Net Profit (%) | 2,111.92 | 1,824.76 | 1,220.76 |
| P/E (x) | 145.81 | 0.00 | 0.00 |
| P/B (x) | 4.58 | 0.00 | 0.00 |
| EV/EBITDA (x) | 44.87 | 0.00 | 0.00 |
| P/S (x) | 41.90 | 0.00 | 0.00 |
The debt-to-equity ratio decreased from 1.30 in March 2024 to 0.44 in March 2025. The P/E ratio as of March 2025 is 145.81, and the P/B ratio is 4.58.
Corporate Actions:
NTPC Green Energy has made several announcements regarding changes in management and commercial operations:
The stock's last traded price reflects positive movement, supported by strong financial performance and strategic commercial operations.
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