NHPC Limited
NHPC · Regulated Utility · NSE
₹74
Current Market Price
Fair Value (DCF)
₹113
Discount to FV
+53.0%
Updated just now
YieldIQ Score
40/100
Piotroski F-Score
3/9
Economic Moat
None
Confidence
75%
ROE
9.1%
Debt/Equity
1.26
WACC
9.8%
Market Cap
₹74,122 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
6.7%
Return on capital employed
EV / EBITDA
15.5×
Enterprise multiple
Debt / EBITDA
5.6×
Leverage vs earnings
Interest Coverage
2.4×
EBIT covers interest
Current Ratio
1.11×
Short-term liquidity
Asset Turnover
0.11×
Revenue per ₹ of assets
Revenue CAGR (3Y)
2.8%
3-year revenue growth
Revenue CAGR (5Y)
2.1%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹73.79
Bear case
Margin of Safety +2.4%
Implied upside +2.4%
Base case
Margin of Safety +25.7%
Implied upside +34.6%
Bull case
Margin of Safety +31.3%
Implied upside +45.5%
Ratio Trends
NHPC · last 9 annual periods
ROE
9.1%
ROCE
6.7%
Operating Margin
—
Debt / Equity
1.26×
PE
10.3×
EV / EBITDA
8.3×
Historical Financials
NHPC · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹9062 Cr | ₹10.5K Cr | ₹9252 Cr | ₹10.4K Cr | ₹11.6K Cr | +6.4% |
| EBITDA | ₹7176 Cr | ₹8250 Cr | ₹8216 Cr | ₹6872 Cr | ₹6309 Cr | -3.2% |
| EBIT | ₹4961 Cr | ₹5731 Cr | ₹5046 Cr | — | — | +0.4% |
| PAT | ₹3524 Cr | ₹3903 Cr | ₹3596 Cr | ₹3007 Cr | ₹3766 Cr | +1.7% |
| EPS (diluted) | ₹3.51 | ₹3.87 | ₹3.61 | — | — | +0.7% |
| CFO | ₹4590 Cr | ₹4705 Cr | ₹7252 Cr | ₹5026 Cr | ₹3294 Cr | -8.0% |
| CapEx | ₹-3701 Cr | ₹-4975 Cr | ₹-6969 Cr | ₹-8851 Cr | ₹-11.6K Cr | — |
| FCF | ₹888 Cr | ₹-271 Cr | ₹283 Cr | ₹-3825 Cr | ₹-8279 Cr | — |
| Total Assets | ₹77.6K Cr | ₹85.2K Cr | ₹92.3K Cr | ₹102.7K Cr | ₹120.0K Cr | +11.5% |
| Total Debt | ₹26.1K Cr | ₹29.5K Cr | ₹34.6K Cr | ₹41.6K Cr | ₹52.3K Cr | +19.0% |
| Shareholders' Equity | ₹35.0K Cr | ₹37.0K Cr | ₹38.7K Cr | ₹39.7K Cr | ₹41.4K Cr | +4.3% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
NHPC vs 4 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 NTPCGREEN NTPCGREEN | — | — | Pending | 2.8% | — |
 ENRIN ENRIN | — | — | Pending | 25.1% | — |
 ADANIGREEN ADANIGREEN | — | — | Pending | 8.3% | — |
 SJVN SJVN Limited | +26.8%+36.6% upside | 50 | Near Fair Value | 4.5% | — |
Click a ticker to view its fair-value analysis.
Dividend History
20 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹9.22/sh
Last payout
2026-02-10
₹1.40
Peak payout
₹1.70
Trailing yield
2.59%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. NHPC Limited (NHPC.NS) trades at 73.79 vs a model fair value of 112.91, a gap of 53.0%. Piotroski F-score: 3/9. Moat label: None. Revenue...
Read full AI analysis →Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of NHPC →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for NHPC →
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Head-to-head with peers
Compare NHPC side by side →
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Interactive DCF sliders, sensitivity heatmap, peer comparison, and more.
Analyse NHPCNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.