Is NHPC financially healthy?
Not really
NHPC carries heavy debt: it would take 8.0 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA8.0 years
Cash vs. debt₹19.6B vs. ₹523.3B
Current ratio1.0×Short-term assets for each ₹1 of bills due within a year
Interest coverage3.0×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about NHPC
Data as of Nov 13, 2026.