profit from every ₹100 of sales.

NHPC
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹20.82 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What NHPC sold, what it kept, and what it did with the cash.
Sales went from ₹105 billion in 2023 to ₹116 billion in 2026, with ₹37.7 billion of profit last year.
NHPC vs. similar companies
NHPC grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
NHPC | 20.8× · Fair price | ||
China Yangtze Power | 20.9× · Fair price | ||
Huaneng Lancang River Hydropower | 23.7× · Fair price | ||
Verbund | 17.1× · Fair price | ||
Adani Green Energy | 139.8× · Very expensive |
AI analysis
An AI analyst reads NHPC's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 104,788 | 92,525 | 103,799 | 116,153 | |
| 91,584 | 80,395 | 95,807 | 107,946 | |
| 52,493 | 40,082 | 44,416 | 32,601 | |
| 82,503 | 82,161 | 68,717 | 63,092 | |
| 39,033 | 35,960 | 30,067 | 37,657 | |
| 3.89 | 3.58 | 2.99 | 3.75 | |
| 87.4% | 86.9% | 92.3% | 92.9% | |
| 50.1% | 43.3% | 42.8% | 28.1% | |
| 37.2% | 38.9% | 29.0% | 32.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 852,077 | 922,649 | 1,026,777 | 1,200,109 |
| Cash | 10,342 | 13,797 | 7,609 | 19,612 |
| Total debt | 295,398 | 345,780 | 415,740 | 523,267 |
| Total liabilities | 433,785 | 484,063 | 575,147 | 716,060 |
| 369,553 | 386,686 | 396,682 | 414,372 | |
| 10,045 | 10,045 | 10,056 | 10,042 | |
| 8.4% | 7.6% | 5.5% | 3.7% | |
| 10.6% | 9.3% | 7.6% | 9.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 47,046 | 72,521 | 50,262 | 32,936 | |
| 49,755 | 69,693 | 88,514 | 115,723 | |
| -2,709 | 2,828 | -38,252 | -82,787 | |
| Dividends paid | 22,629 | 23,259 | 23,099 | 23,545 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 20.8×
- –
- –
- 1.7×
- 6.7×
- –
- 20.4×
- -10.6%
- 4.8%
- 3.0%
Profitability
- 92.9%
- 28.1%
- 32.4%
- –
- 3.5%
- 6.0%
- –
- –
- –
- –
Growth
- +3.5%
- −1.2%
- –
- –
- −0.0%
Financial health
- 8.0×
- 1.26
- –
- 3.0×
- 1.04
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
62.5% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about NHPC
Is NHPC a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NHPC AI analysis
What does NHPC do?
NHPC Limited, together with its subsidiaries, engages in the generation, sale, and trading of electricity through hydro, wind, and solar power stations in India and Nepal. It also owns and operates power stations. It is in Utilities - Renewable, based in Faridabad, India.
Does NHPC pay a dividend?
Yes. At today's price the dividend is 3.0% a year, about 63% of its yearly profit. In 2026 it paid out ₹23.5 billion in dividends.
Is NHPC stock halal?
No. NHPC does not pass our halal screen: its debt is 67% of its market value, at or above the 33% limit. How we check
How has NHPC stock done over the past year?
Up 1.9% over the past twelve months, to ₹78.05. It traded between ₹70.00 and ₹85.33 and is 8.5% below its high.
Who are NHPC's competitors?
The largest listed companies in the same industry are China Yangtze Power, Huaneng Lancang River Hydropower, Verbund and Adani Green Energy. The peers table on this page compares their profit, growth and price with NHPC's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



