| Management target | Revenue FY30 |
|---|
| Revenue growth | 18.5% YoY for Q1 FY27. |
|---|---|
| Margins | EBITDA margin at 64%; Profit margin at 31%. |
| Order book | 9,204 MW under construction; 10,263 MW awaiting clearances. |
| Demand visibility | Strong, tied to long-term PPAs and national clean energy goals. |
| Management confidence | High, given Navratna status and massive project pipeline. |
Growth
Q1 FY27 consolidated Revenue grew 18.5% and PAT grew 4.15% YoY. EBITDA margin stands at a strong 64%.
Outlook
Targeting 13,905 MW capacity by FY30. FY27 CAPEX target is ₹15,000 Cr. Regulated equity expected to reach ₹36,603 Cr.
Risks
High receivables from state DISCOMs (₹4,354 Cr total) and regulatory/clearance delays for major hydro projects.
Last quarter's promises, checked
Delivered
- Guided Subansiri Lower units commissioning → 4 units delivered by May'26 (= BEAT)
- Guided Parbati-II commissioning → Operational in FY26 (= BEAT)
- Guided FY26 Revenue growth → ₹11,615 Cr vs ₹10,380 Cr (= BEAT)
Partly delivered
- Guided Subansiri Lower cost ₹30,072 Cr → ₹26,092 Cr incurred by Mar'26 (= PARTIAL)
- Guided Solar commissioning 1,000MW → 300MW commissioned, balance delayed to June/Dec'26 (= PARTIAL)
Missed
- Guided Normative PAF 82% → Actual PAF 74.75% (= MISS)
Investor Presentation filed with BSE, NSE: NHPC. Summary written with AI assistance from the document.
NHPC Ltd: key numbers
- Share price
- ₹76.00
- Market cap
- ₹76,342 Cr
- Revenue (annual)
- ₹11,615 Cr
- Net profit (annual)
- ₹3,766 Cr
- P/E (TTM)
- 20.1×Sector 25.1×
- Promoter holding
- 61.39%-6.01% QoQ
- FII holding
- 12.29%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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