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Earnings Call

NTPC Earnings Call: Key Takeaways

NTPC Limited Q4 FY26 earnings call highlighting highest-ever annual capacity addition of 9,618 MW and record group installed capacity of 89,108 MW.

Highlights
Revenue growthFY26 consolidated income ₹1,89,799cr, standalone down 2.69% due to demand.
MarginsRE EBITDA margin remains at 87% for NGEL group.
Order book34 GW under construction: 16.5 GW coal, 15 GW renewable.
Demand visibilityWitnessing sharp increase in power demand; expected heatwave conditions in 2026.
Management confidenceHigh; citing energy security and resilient domestic energy systems.

Growth

FY26 Consolidated PAT up 15% to ₹27,546cr; Standalone PAT up 18% to ₹23,162cr. Total income ₹1,89,799cr.

Outlook

Targets 60 GW renewable capacity by 2032; guides ~20 GW capacity addition over FY27-FY28; FY27 RE capex ₹35,800cr.

Risks

Grid curtailment impact of ₹90cr; potential coal unit backing down during solar peak hours.

Source

Earnings Call filed with NSE, NSE: NTPC. Summary written with AI assistance from the document.

Read the document ↗

NTPC Ltd: key numbers

Share price
₹326.60
Market cap
₹3,16,693 Cr
Revenue (annual)
₹1,87,385 Cr
Net profit (annual)
₹27,053 Cr
P/E (TTM)
11.4×Sector 25.1×
Promoter holding
51.10%+0.00% QoQ
FII holding
16.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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NTPC Debt & Borrowing: ₹670 Cr

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Value
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Value
₹50.05 Cr