NTPC GREEN ENERGY LIMITED
₹82.47-₹1.46 (-1.7%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹77,227 Cr
- P/E
- 141.0x
- EV / EBITDA
- 46.7x
- Revenue
- ₹2,023 Cr
- Net margin
- 19.0%
- ROCE
- 12.0%
Price chart
Technical chartScreen technicals →-21.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -11.7%
- 3M
- -9.1%
- 6M
- -24.7%
- 1Y
- -21.1%
- 5Y
- -33.9%
52-week range
Day change -₹1.46 (-1.7%) from ₹84 to ₹82 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in NTPCGREEN, bought on each weekday since 2024.
AI Summary
Indian StockStrengths1
- Strong operating cash conversion — CFO/PAT ratio of 4.34
Concerns1
- Low return on equity of 5.9%
Rule-based from financial data. Not advice.
About the company
NTPC Green Energy Limited engages in the renewable energy generation business in India. The company has a portfolio of 17,277 MWs solar and wind projects. It also offers consultancy services, project management, and supervision services. The company was incorporated in 2022 and is based in New Delhi, India. NTPC Green Energy Limited is a subsidiary of NTPC Limited.
- Sector
- Energy
- Shares outstanding
- 842 Cr shares
- ISIN
- INE0ONG01011
- BSE code
- 544289
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹77,227 Cr
- P/E
- 141.0x
- P/B
- 4.1x
- EV / EBITDA
- 46.7x
- EV / Sales
- 43.7x
- P/S
- 39.6x
- Earnings yield
- 0.7%
- 52-week high
- ₹118.92
- 52-week low
- ₹81.07
Profitability
- Operating margin
- 89.6%
- Net margin
- 19.0%
- EBITDA margin
- 93.6%
- ROE
- 5.9%
- ROCE
- 12.0%
- ROA
- 2.0%
- Dividend payout
- 0.0%
- Tax rate
- 28.0%
- Other income, % of PBT
- 15.2%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,023 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 3.7%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,826 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1070.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 32.2%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,605 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 4123.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹113 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.5%
Solvency and efficiency
- Current ratio
- 0.76
- Debt / Equity
- 1.32
- Debt / Assets
- 0.45
- Debt / EBITDA
- 4.54
- Interest coverage
- 2.57
- Financial leverage
- 2.92
- CFO / Net profit
- 4.34
- Cash / Market cap
- 1.8%
- Cash per share
- ₹1.67
- Asset turnover
- 0.11
- Fixed asset turnover
- 0.13
- Capital intensity
- 7.78
- Debtor days
- 131 days
- Cash conversion cycle
- 131 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹24 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹282 Cr |
| Sales | Operating profit | ₹1,741 Cr |
| Operating profit | Interest | ₹657 Cr |
| Operating profit | Depreciation | ₹667 Cr |
| Operating profit | Profit before tax | ₹417 Cr |
| Other income | Profit before tax | ₹251 Cr |
| Profit before tax | Tax and other | ₹179 Cr |
| Profit before tax | Net profit | ₹489 Cr |
Revenue and net profit
Annual revenue, with net profit as the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2023 | ₹170 Cr | ₹174 Cr |
| FY2024 | ₹1,951 Cr | ₹370 Cr |
Cash flows
FY2025: ₹1,888 Cr from operations, -₹11,125 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2023 | ₹38 Cr | -₹9,739 Cr |
| FY2024 | ₹1,605 Cr | -₹3,317 Cr |
| FY2025 | ₹1,888 Cr | -₹11,125 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Cash from operations
- ₹1,888 Cr
- Free cash flow
- -₹11,125 Cr
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | — | ₹1,741 Cr | — | — | ₹1,888 Cr | -₹11,125 Cr | — | — | — |
Monthly returns
Month-by-month returns of NTPCGREEN across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹30,426 Cr |
| Equity capital | ₹8,426 Cr |
| Reserves | ₹10,060 Cr |
| Borrowings | ₹8,204 Cr |
| Other liabilities | ₹3,735 Cr |
| Assets | ₹30,426 Cr |
| Fixed assets | ₹15,300 Cr |
| Capital work in progress | ₹39 Cr |
| Investments | ₹10,792 Cr |
| Other assets | ₹4,295 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
NTPCGREEN trades at 141.0x earnings against a peer median of 24.8x (a 469% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| NTPC GREEN ENERGY LIMITEDNTPCGREENthis companyP/E ↑ premium | ₹77,227 Cr | 141.0x | 4.1x | 5.9% | 46.7x |
| Hindustan Petroleum Corporation LtdHINDPETRO | ₹95,486 Cr | 6.5x | 1.8x | 35.8% | 5.5x |
| JSW Energy LimitedJSWENERGY | ₹86,383 Cr | 83.6x | 3.8x | 6.3% | 48.1x |
| Siemens Energy India LimitedENRIN | ₹85,572 Cr | 77.8x | 19.5x | — | — |
| NHPC LimitedNHPC | ₹81,826 Cr | 25.8x | 2.1x | 10.0% | 17.7x |
| Waaree Energies LimitedWAAREEENER | ₹74,772 Cr | 26.0x | 6.6x | 28.0% | 37.6x |
| Oil India LimitedOIL | ₹72,830 Cr | 15.6x | 1.5x | 12.6% | 8.9x |
| TORRENT POWER LIMITEDTORNTPOWER | ₹67,853 Cr | 23.5x | 3.6x | 14.9% | 17.4x |
| ADANI TOTAL GAS LIMITEDATGL | ₹61,127 Cr | 99.1x | 13.6x | 18.3% | 54.2x |
| Peer median | — | 24.8x | 3.1x | 12.8% | 15.7x |
Year-to-date ROI
NTPCGREEN since 1 January, against earlier years.
Historical volatility
NTPCGREEN's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2023 | 91.0% |
| FY2024 | 90.0% |
| FY2025 | 86.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,023 Cr |
| Costs | |
| Interest | ₹657 Cr |
| Expenses | ₹281 Cr |
| Operating profitOperating Profit | ₹1,741 Cr |
| Other income and charges | |
| Profit before tax | ₹668 Cr |
| Tax | |
| Net profitNet Profit | ₹489 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹30,426 Cr |
| Equity capitalEquity Capital | ₹8,426 Cr |
| Reserves | ₹10,060 Cr |
| Borrowings | ₹8,204 Cr |
| Other liabilitiesOther Liabilities | ₹3,735 Cr |
| AssetsTotal Assets | ₹30,426 Cr |
| Fixed assetsFixed Assets | ₹15,300 Cr |
| Capital work in progressCWIP | ₹39 Cr |
| Investments | ₹10,792 Cr |
| Other assetsOther Assets | ₹4,295 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹1,888 Cr |
| Investing cash flowCash from Investing Activity | -₹13,013 Cr |
| Financing cash flowCash from Financing Activity | ₹11,013 Cr |
| Change in cashNet Cash Flow | -₹113 Cr |
Learn while you research
Academy chapters picked for NTPC GREEN ENERGY LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 141.0, learn when high multiples are justified.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read