- Total income
- ₹12,152 Cr
- Profit
- ₹3,007 Cr

About NHPC Limited
Data last updated:
NHPC Limited is a public limited union government company based in Faridabad, Haryana, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 07 November 1975 and has been in existence for over 51 years.
NHPC is ranked #224 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L40101HR1975GOI032564. Its GSTIN is 06AAACN0149C1DC (Haryana). The company holds 60 GST registrations, of which 38 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533098 and NSE: NHPC.
The company has an authorised share capital of ₹17,500 Cr and a paid-up capital of ₹10,045 Cr. It was formerly known as National Hydro Electric Power Corporation Private Limited and National Hydroelectric Power Corporation Ltd. It is led by directors including Suprakash Adhikari (Whole-Time Director) and Sanjay Kumar Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Nhpc Office Complex Sector – 33 Faridabad, Haryana, India – 121003.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹11,648 Cr, a growth of 11.9% compared to the previous year. For the same year it recorded a net profit of ₹3,779.4 Cr (net margin 32.4%) and EBITDA of ₹4,079.22 Cr (EBITDA margin 35%). The net worth stands at ₹41,437 Cr (up 4.5% YoY). Total assets are valued at ₹1,10,137 Cr (up 18% YoY).
Its group structure includes 8 subsidiaries.
The company is associated with 1 brand: NHPC. As per MCA filings, the company has open charges of ₹34,236 Cr and satisfied charges of ₹26,554 Cr on record. Court records list 1,174 cases involving the company, including 448 filed by the company and 727 filed against it; 250 cases are pending. The company has 12 deals on record (4 market trades, 3 debt financings, 2 secondary share transfers), with disclosed funding of ₹8,096 Cr; the latest was in January 2024. Its 8 peer companies in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 3 smaller; the largest is Andhra Pradesh Power Generation Corporation Limited with revenue of ₹19,327 Cr. The company has 4 MSME Form 1 returns on record between 2017 and 2019, listing 21 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nhpcindia.com.
Company details
Name history
NHPC has undergone 2 name changes throughout its history. The company was previously known as National Hydro Electric Power Corporation Private Limited, and National Hydroelectric Power Corporation Ltd. The current legal name is Nhpc Limited.
| Company Name | Status |
|---|---|
| NHPC Limited | Current |
| National Hydro Electric Power Corporation Private Limited | Previous |
| National Hydroelectric Power Corporation Ltd | Previous |
CIN history
NHPC has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40101HR1975GOI032564, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40101HR1975GOI032564 | Current |
| U21015HR1975GOI032564 | Previous |
| L21015HR1975GOI032564 | Previous |
Recognitions & Rankings of NHPC
Contact details
NHPC Limited's registered office is in Faridabad, Haryana. Its website is nhpcindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNhpc Office Complex Sector – 33 Faridabad, Haryana, India – 121003
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of NHPC Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
NHPC operates one associated brand: NHPC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hydroelectric power projects are developed and operated in India. | nhpcindia.com |
Business activity
The main business activities of NHPC are electricity, gas, steam and air condition supply and professional, scientific and technical. In detail, this covers electric power generation, transmission and distribution and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of NHPC Limited, buy the company report.
Financials of NHPC Limited
FY 2025-26 filings availableNHPC Limited reported revenue of ₹11,648 Cr (up 11.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,648 | 10,405 | 9,658 | 10,641 | 9,174 | 9,666 | 10,037 |
| Revenue growth | +12.0% | +7.7% | -9.2% | +16.0% | -5.1% | -3.7% | - |
| EBITDA | 4,079 | 5,501 | 4,922 | 6,182 | 3,999 | 5,082 | 4,851 |
| EBITDA margin | +35.0% | +52.9% | +51.0% | +58.1% | +43.6% | +52.6% | +48.3% |
| Profit before tax | 3,894 | 4,767 | 5,015 | 5,237 | 3,217 | 4,495 | 3,266 |
| Net profit | 3,779 | 3,022 | 3,531 | 3,903 | 3,198 | 3,403 | 2,732 |
| Net profit margin | +32.5% | +29.0% | +36.6% | +36.7% | +34.9% | +35.2% | +27.2% |
| EPS (₹) | 3.75 | 2.99 | 3.58 | 3.89 | 3.51 | 3.26 | 2.87 |
| Balance sheet | |||||||
| Total assets | 1,10,137 | 93,358 | 84,303 | 78,692 | 71,088 | 65,200 | 63,444 |
| Net worth | 41,437 | 39,668 | 38,669 | 36,961 | 34,921 | 33,053 | 31,381 |
| Total debt | 52,327 | 39,557 | 32,561 | 29,540 | 26,096 | 23,365 | 23,226 |
| Cash & bank | 3,651 | 2,751 | 3,622 | 2,694 | 1,958 | 2,257 | 1,693 |
| Net working capital | 6,527 | 4,858 | 5,392 | 5,554 | 5,092 | 5,309 | 5,596 |
| Cash flow | |||||||
| Cash from operations | 3,294 | 5,026 | 7,252 | 4,705 | 4,590 | 5,070 | 2,993 |
| Cash from investing | (11,139) | (7,550) | (5,940) | (4,191) | (3,084) | (1,607) | (2,987) |
| Cash from financing | 8,928 | 1,904 | (924) | (795) | (638) | (3,058) | 11.66 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,808 | 2,816 | 2,221 | 3,365 | 3,214 | 2,347 | 2,287 | 3,052 |
| Revenue growth (YoY) | +18.5% | +20.0% | -2.9% | +10.3% | +19.3% | - | - | - |
| Other income | 407 | 306 | 1,449 | 448 | 413 | 265 | 365 | 454 |
| EBITDA | 2,352 | 637 | 212 | 2,027 | 1,802 | 1,205 | 1,021 | 1,805 |
| EBITDA margin | +61.8% | +22.6% | +9.5% | +60.2% | +56.1% | +51.3% | +44.7% | +59.1% |
| Depreciation | 600 | 642 | 457 | 441 | 436 | 315 | 297 | 285 |
| Interest | 606 | 574 | 310 | 278 | 261 | (12.09) | 656 | 308 |
| Profit before tax | 1,554 | (274) | 894 | 1,755 | 1,518 | 1,167 | 434 | 1,666 |
| Tax | 376 | (1,823) | 573 | 536 | 387 | 247 | 104 | 605 |
| Net profit | 1,178 | 1,549 | 321 | 1,219 | 1,131 | 920 | 330 | 1,060 |
| EPS (₹) | 0.84 | 1.45 | 0.22 | 1.02 | 1.06 | 0.85 | 0.23 | 0.90 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 10,354 | 9,016 | 8,422 | 9,316 | 8,309 | 8,523 | 8,748 |
| Revenue growth | +14.8% | +7.1% | -9.6% | +12.1% | -2.5% | -2.6% | - |
| EBITDA | 3,527 | 4,530 | 4,059 | 5,255 | 3,421 | 4,348 | 4,517 |
| EBITDA margin | +34.1% | +50.3% | +48.2% | +56.4% | +41.2% | +51.0% | +51.6% |
| Profit before tax | 3,352 | 4,000 | 4,273 | 4,439 | 2,776 | 3,925 | 3,608 |
| Net profit | 5,007 | 3,260 | 3,886 | 3,811 | 3,878 | 3,485 | 3,242 |
| Net profit margin | +48.4% | +36.2% | +46.1% | +40.9% | +46.7% | +40.9% | +37.1% |
| EPS (₹) | 3.60 | 3.07 | 3.71 | 3.82 | 3.52 | 3.23 | 2.99 |
| Balance sheet | |||||||
| Total assets | 90,899 | 80,224 | 73,703 | 68,624 | 64,992 | 59,083 | 57,377 |
| Net worth | 39,972 | 38,348 | 37,276 | 35,408 | 33,486 | 31,603 | 29,984 |
| Total debt | 44,307 | 36,002 | 31,002 | 28,154 | 26,031 | 23,363 | 23,224 |
| Cash & bank | 1,172 | 812 | 1,150 | 638 | 1,161 | 914 | 389 |
| Net working capital | 4,295 | 3,201 | 3,177 | 3,383 | 4,057 | 3,639 | 3,979 |
| Cash flow | |||||||
| Cash from operations | 2,349 | 4,160 | 6,128 | 3,907 | 4,259 | 4,527 | 2,214 |
| Cash from investing | (5,682) | (4,412) | (3,797) | (2,929) | (2,990) | (1,605) | (2,897) |
| Cash from financing | 3,714 | (87.21) | (1,845) | (1,520) | (476) | (2,785) | 680 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,537 | 2,741 | 1,877 | 2,732 | 2,977 | 2,059 | 1,970 | 2,549 |
| Revenue growth (YoY) | +18.8% | +33.2% | -4.7% | +7.2% | +23.2% | - | - | - |
| Other income | 449 | 375 | 1,567 | 380 | 412 | 306 | 479 | 396 |
| Total expenses | 1,371 | 1,956 | 1,910 | 1,214 | 1,332 | 1,025 | 1,181 | 1,118 |
| EBITDA | 2,166 | 785 | (32.45) | 1,518 | 1,646 | 1,034 | 790 | 1,431 |
| EBITDA margin | +61.2% | +28.7% | -1.7% | +55.6% | +55.3% | +50.2% | +40.1% | +56.1% |
| Depreciation | 578 | 621 | 435 | 420 | 414 | 293 | 279 | 271 |
| Interest | 602 | 585 | 302 | 269 | 252 | (30.38) | 651 | 298 |
| Profit before tax | 1,435 | (45.45) | 797 | 1,209 | 1,391 | 1,077 | 338 | 1,258 |
| Tax | 322 | (1,373) | 504 | 283 | 320 | 183 | 64.81 | 360 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,808 | 2,816 | 2,221 | 3,365 | 3,214 | 2,347 | 2,287 | 3,052 |
| Revenue growth (YoY) | +18.5% | +20.0% | -2.9% | +10.3% | +19.3% | - | - | - |
| Other income | 407 | 306 | 1,449 | 448 | 413 | 265 | 365 | 454 |
| EBITDA | 2,352 | 637 | 212 | 2,027 | 1,802 | 1,205 | 1,021 | 1,805 |
| EBITDA margin | +61.8% | +22.6% | +9.5% | +60.2% | +56.1% | +51.3% | +44.7% | +59.1% |
| Depreciation | 600 | 642 | 457 | 441 | 436 | 315 | 297 | 285 |
| Interest | 606 | 574 | 310 | 278 | 261 | (12.09) | 656 | 308 |
| Profit before tax | 1,554 | (274) | 894 | 1,755 | 1,518 | 1,167 | 434 | 1,666 |
| Tax | 376 | (1,823) | 573 | 536 | 387 | 247 | 104 | 605 |
| Net profit | 1,178 | 1,549 | 321 | 1,219 | 1,131 | 920 | 330 | 1,060 |
| EPS (₹) | 0.84 | 1.45 | 0.22 | 1.02 | 1.06 | 0.85 | 0.23 | 0.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,648 | 10,405 | 9,658 | 10,641 | 9,174 | 9,666 | 10,037 |
| Revenue growth | +12.0% | +7.7% | -9.2% | +16.0% | -5.1% | -3.7% | - |
| Other income | 3,213 | 1,648 | 2,045 | 745 | 995 | 1,281 | 905 |
| Total expenses | 7,568 | 4,903 | 4,737 | 4,460 | 5,175 | 4,584 | 5,185 |
| Employee cost | 2,011 | 2,574 | 1,946 | 1,840 | 1,880 | 1,818 | 1,944 |
| EBITDA | 4,079 | 5,501 | 4,922 | 6,182 | 3,999 | 5,082 | 4,851 |
| EBITDA margin | +35.0% | +52.9% | +51.0% | +58.1% | +43.6% | +52.6% | +48.3% |
| Depreciation | 1,976 | 1,193 | 1,184 | 1,215 | 1,190 | 1,292 | 1,614 |
| Interest | 1,423 | 1,189 | 767 | 475 | 586 | 577 | 877 |
| Profit before tax | 3,894 | 4,767 | 5,015 | 5,237 | 3,217 | 4,495 | 3,266 |
| Tax | (327) | 1,355 | 1,015 | 976 | (557) | 895 | (79.40) |
| Net profit | 3,779 | 3,022 | 3,531 | 3,903 | 3,198 | 3,403 | 2,732 |
| Net profit margin | +32.5% | +29.0% | +36.6% | +36.7% | +34.9% | +35.2% | +27.2% |
| EPS (₹) | 3.75 | 2.99 | 3.58 | 3.89 | 3.51 | 3.26 | 2.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 |
| Reserves & surplus | 31,392 | 29,623 | 28,624 | 26,916 | 24,876 | 23,008 | 21,336 |
| Shareholders' funds (net worth) | 41,437 | 39,668 | 38,669 | 36,961 | 34,921 | 33,053 | 31,381 |
| Minority interest | 6,968 | 5,495 | 5,190 | 4,874 | 2,863 | 2,835 | 2,774 |
| Secured loans | 27,945 | 26,744 | 25,115 | 22,053 | 19,880 | 17,983 | 17,717 |
| Unsecured loans | 24,381 | 12,813 | 7,445 | 7,487 | 6,216 | 5,382 | 5,510 |
| Total debt | 52,327 | 39,557 | 32,561 | 29,540 | 26,096 | 23,365 | 23,226 |
| Total liabilities | 1,10,137 | 93,358 | 84,303 | 78,692 | 71,088 | 65,200 | 63,444 |
| Assets | |||||||
| Gross block | 65,402 | 35,480 | 33,588 | 33,091 | 31,500 | 30,448 | 32,481 |
| Net block | 50,290 | 22,168 | 21,474 | 22,137 | 21,825 | 21,993 | 24,402 |
| Capital work in progress | 34,948 | 50,601 | 39,798 | 31,357 | 22,522 | 19,167 | 17,180 |
| Investments | 440 | 444 | 479 | 499 | 2,386 | 1,842 | 1,398 |
| Inventories | 298 | 263 | 195 | 164 | 144 | 142 | 135 |
| Sundry debtors | 2,629 | 2,573 | 4,420 | 6,161 | 5,176 | 5,133 | 3,583 |
| Cash & bank balances | 3,651 | 2,751 | 3,622 | 2,694 | 1,958 | 2,257 | 1,693 |
| Loans & advances | 8,082 | 5,692 | 2,657 | 1,590 | 1,572 | 1,866 | 4,158 |
| Total current assets | 14,660 | 11,279 | 10,894 | 10,609 | 8,850 | 9,399 | 9,569 |
| Total current liabilities | 8,133 | 6,421 | 5,502 | 5,055 | 3,758 | 4,090 | 3,973 |
| Net working capital | 6,527 | 4,858 | 5,392 | 5,554 | 5,092 | 5,309 | 5,596 |
| Total assets | 1,10,137 | 93,358 | 84,303 | 78,692 | 71,088 | 65,200 | 63,444 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 879 | 1,499 | 1,034 | 1,316 | 447 | 42.17 | 25.04 |
| Net cash from operating activities | 3,294 | 5,026 | 7,252 | 4,705 | 4,590 | 5,070 | 2,993 |
| Net cash from investing activities | (11,139) | (7,550) | (5,940) | (4,191) | (3,084) | (1,607) | (2,987) |
| Net cash from financing activities | 8,928 | 1,904 | (924) | (795) | (638) | (3,058) | 11.66 |
| Net change in cash | 1,082 | (620) | 388 | (281) | 867 | 405 | 17.13 |
| Closing cash | 3,651 | 2,751 | 3,622 | 2,694 | 1,958 | 2,257 | 1,693 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.0% | +7.7% | -9.2% | +16.0% | -5.1% | -3.7% | - |
| EBITDA growth | -25.9% | +11.8% | -20.4% | +54.6% | -21.3% | +4.8% | - |
| PBT growth | -18.3% | -4.9% | -4.2% | +62.8% | -28.4% | +37.6% | -21.5% |
| Net income growth | +25.1% | -14.4% | -9.5% | +22.0% | -6.0% | +24.6% | - |
| Revenue CAGR (3Y) | +3.1% | +4.3% | -0.0% | +2.0% | +0.5% | +7.5% | +5.1% |
| EBITDA CAGR (3Y) | -12.9% | +11.2% | -1.1% | +8.4% | -7.1% | +6.2% | -0.2% |
| Profitability & leverage | |||||||
| Net income margin | +36.2% | +32.8% | +41.4% | +40.0% | +41.1% | +37.2% | +33.3% |
| Return on capital employed | +5.6% | +7.1% | +7.6% | +8.0% | +5.8% | +8.2% | +7.2% |
| Return on net worth | +10.4% | +8.7% | +10.6% | +11.9% | +11.1% | +11.2% | +10.8% |
| Debt / equity | 1.13 | 0.92 | 0.82 | 0.77 | 0.73 | 0.72 | 0.68 |
| Long-term debt / equity | 1.01 | 0.83 | 0.74 | 0.69 | 0.65 | 0.65 | 0.61 |
| Interest cover | 67.66 | 27.60 | 20.53 | 9.56 | 20.87 | 15.21 | 27.09 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.23 | 0.30 | 0.29 | 0.33 | 0.30 | 0.31 | 0.32 |
| Inventory turnover | 41.51 | 45.40 | 53.72 | 68.93 | 64.00 | 69.82 | 74.92 |
| Debtors turnover | 4.48 | 2.98 | 1.83 | 1.88 | 1.78 | 2.22 | 3.13 |
| EPS (₹) | 3.75 | 2.99 | 3.58 | 3.89 | 3.51 | 3.26 | 2.87 |
| Dividend per share (₹) | 1.61 | 1.91 | 1.90 | 1.85 | 1.81 | 1.60 | 1.50 |
| Book value per share (₹) | 41.25 | 39.49 | 38.50 | 36.79 | 34.76 | 32.91 | 31.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,537 | 2,741 | 1,877 | 2,732 | 2,977 | 2,059 | 1,970 | 2,549 |
| Revenue growth (YoY) | +18.8% | +33.2% | -4.7% | +7.2% | +23.2% | - | - | - |
| Other income | 449 | 375 | 1,567 | 380 | 412 | 306 | 479 | 396 |
| Total expenses | 1,371 | 1,956 | 1,910 | 1,214 | 1,332 | 1,025 | 1,181 | 1,118 |
| EBITDA | 2,166 | 785 | (32.45) | 1,518 | 1,646 | 1,034 | 790 | 1,431 |
| EBITDA margin | +61.2% | +28.7% | -1.7% | +55.6% | +55.3% | +50.2% | +40.1% | +56.1% |
| Depreciation | 578 | 621 | 435 | 420 | 414 | 293 | 279 | 271 |
| Interest | 602 | 585 | 302 | 269 | 252 | (30.38) | 651 | 298 |
| Profit before tax | 1,435 | (45.45) | 797 | 1,209 | 1,391 | 1,077 | 338 | 1,258 |
| Tax | 322 | (1,373) | 504 | 283 | 320 | 183 | 64.81 | 360 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 10,354 | 9,016 | 8,422 | 9,316 | 8,309 | 8,523 | 8,748 |
| Revenue growth | +14.8% | +7.1% | -9.6% | +12.1% | -2.5% | -2.6% | - |
| Other income | 3,123 | 1,742 | 2,074 | 854 | 1,048 | 1,381 | 1,513 |
| Total expenses | 6,827 | 4,486 | 4,363 | 4,061 | 4,888 | 4,175 | 4,231 |
| Employee cost | 1,733 | 2,232 | 1,682 | 1,598 | 1,723 | 1,394 | 1,516 |
| EBITDA | 3,527 | 4,530 | 4,059 | 5,255 | 3,421 | 4,348 | 4,517 |
| EBITDA margin | +34.1% | +50.3% | +48.2% | +56.4% | +41.2% | +51.0% | +51.6% |
| Depreciation | 1,890 | 1,125 | 1,111 | 1,145 | 1,126 | 1,229 | 1,545 |
| Interest | 1,409 | 1,147 | 749 | 525 | 566 | 575 | 876 |
| Profit before tax | 3,352 | 4,000 | 4,273 | 4,439 | 2,776 | 3,925 | 3,608 |
| Tax | (266) | 916 | 552 | 605 | (761) | 680 | 601 |
| Net profit | 5,007 | 3,260 | 3,886 | 3,811 | 3,878 | 3,485 | 3,242 |
| Net profit margin | +48.4% | +36.2% | +46.1% | +40.9% | +46.7% | +40.9% | +37.1% |
| EPS (₹) | 3.60 | 3.07 | 3.71 | 3.82 | 3.52 | 3.23 | 2.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 | 10,045 |
| Reserves & surplus | 29,927 | 28,303 | 27,231 | 25,363 | 23,441 | 21,558 | 19,939 |
| Shareholders' funds (net worth) | 39,972 | 38,348 | 37,276 | 35,408 | 33,486 | 31,603 | 29,984 |
| Secured loans | 21,423 | 24,171 | 14,043 | 21,090 | 19,820 | 16,722 | 17,700 |
| Unsecured loans | 22,884 | 11,831 | 16,959 | 7,064 | 6,211 | 6,641 | 5,524 |
| Total debt | 44,307 | 36,002 | 31,002 | 28,154 | 26,031 | 23,363 | 23,224 |
| Total liabilities | 90,899 | 80,224 | 73,703 | 68,624 | 64,992 | 59,083 | 57,377 |
| Assets | |||||||
| Gross block | 61,643 | 31,792 | 30,631 | 30,379 | 30,003 | 28,969 | 30,657 |
| Net block | 47,445 | 19,285 | 19,248 | 20,068 | 20,815 | 20,936 | 23,296 |
| Capital work in progress | 19,271 | 40,037 | 33,043 | 25,315 | 20,574 | 17,853 | 16,098 |
| Investments | 6,388 | 5,926 | 4,644 | 5,698 | 5,414 | 3,922 | 3,401 |
| Inventories | 282 | 249 | 182 | 154 | 134 | 133 | 126 |
| Sundry debtors | 2,406 | 2,206 | 3,976 | 5,488 | 4,621 | 4,532 | 3,585 |
| Cash & bank balances | 1,172 | 812 | 1,150 | 638 | 1,161 | 914 | 389 |
| Loans & advances | 7,068 | 4,975 | 2,138 | 1,260 | 1,352 | 1,653 | 3,482 |
| Total current assets | 10,928 | 8,242 | 7,446 | 7,539 | 7,268 | 7,232 | 7,582 |
| Total current liabilities | 6,633 | 5,041 | 4,269 | 4,157 | 3,210 | 3,594 | 3,603 |
| Net working capital | 4,295 | 3,201 | 3,177 | 3,383 | 4,057 | 3,639 | 3,979 |
| Total assets | 90,899 | 80,224 | 73,703 | 68,624 | 64,992 | 59,083 | 57,377 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 661 | 1,000 | 436 | 939 | 146 | 8.87 | 12.04 |
| Net cash from operating activities | 2,349 | 4,160 | 6,128 | 3,907 | 4,259 | 4,527 | 2,214 |
| Net cash from investing activities | (5,682) | (4,412) | (3,797) | (2,929) | (2,990) | (1,605) | (2,897) |
| Net cash from financing activities | 3,714 | (87.21) | (1,845) | (1,520) | (476) | (2,785) | 680 |
| Net change in cash | 381 | (339) | 487 | (542) | 792 | 137 | (3.17) |
| Closing cash | 1,172 | 812 | 1,150 | 638 | 1,161 | 914 | 389 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.8% | +7.1% | -9.6% | +12.1% | -2.5% | -2.6% | - |
| EBITDA growth | -22.1% | +11.6% | -22.8% | +53.6% | -21.3% | -3.7% | - |
| PBT growth | -16.2% | -6.4% | -3.7% | +59.9% | -29.3% | +8.8% | -3.7% |
| Net income growth | +53.6% | -16.1% | +2.0% | -1.7% | +11.3% | +7.5% | - |
| Revenue CAGR (3Y) | +3.6% | +2.8% | -0.4% | +2.1% | +0.5% | +7.0% | +6.3% |
| EBITDA CAGR (3Y) | -12.4% | +9.8% | -2.3% | +5.2% | -8.5% | +5.4% | +5.9% |
| Profitability & leverage | |||||||
| Net income margin | +34.9% | +34.2% | +44.2% | +41.2% | +42.6% | +38.1% | +34.4% |
| Return on capital employed | +7.6% | +6.7% | +7.1% | +7.4% | +5.4% | +7.7% | +8.2% |
| Return on net worth | +12.8% | +8.2% | +10.2% | +11.1% | +10.9% | +10.5% | +10.2% |
| Debt / equity | 1.03 | 0.89 | 0.81 | 0.79 | 0.76 | 0.76 | 0.71 |
| Long-term debt / equity | 0.90 | 0.80 | 0.73 | 0.70 | 0.68 | 0.68 | 0.64 |
| Interest cover | 86.04 | 33.68 | 25.39 | 12.77 | 24.65 | 18.44 | 29.48 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.22 | 0.29 | 0.28 | 0.31 | 0.28 | 0.29 | 0.29 |
| Inventory turnover | 38.97 | 41.83 | 50.19 | 64.78 | 62.26 | 65.84 | 69.64 |
| Debtors turnover | 4.49 | 2.92 | 1.78 | 1.84 | 1.82 | 2.10 | 2.82 |
| EPS (₹) | 3.60 | 3.07 | 3.71 | 3.82 | 3.52 | 3.23 | 2.99 |
| Dividend per share (₹) | 1.61 | 1.91 | 1.90 | 1.85 | 1.81 | 1.60 | 1.50 |
| Book value per share (₹) | 39.79 | 38.18 | 37.11 | 35.25 | 33.34 | 31.46 | 29.85 |
To see the full year-wise statements and ratios of NHPC Limited, buy the company report.
Board of directors of NHPC Limited
NHPC has 5 current directors and 66 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Sharma Also directs: NHPC Renewable Energy Limited | Additional Director | 17 Oct 2025 | 1 Years 0 Months | Current |
| Bhupender Gupta | Additional Director | 04 Sep 2025 | 1 Years 1 Months | Current |
| Suprakash Adhikari Also directs: Bundelkhand Saur Urja Limited | Whole-Time Director | 16 Apr 2025 | 1 Years 6 Months | Current |
| Sanjay Kumar Singh | Whole-Time Director | 24 Jul 2024 | 2 Years 3 Months | Current |
| Diwakar Nath Misra Also directs: SJVN Limited, Goods and Services Tax Network | Nominee Director | 14 May 2026 | 0 Years 5 Months | Current |
Peer comparison
NHPC Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Andhra Pradesh Power Generation Corporation Limited | ₹19,327 Cr (FY 2024) | 23.0% | Vijayawada, Andhra Pradesh, India | |||
| Telangana Power Generation Corporation Limited | ₹16,706 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India | |||
| Karnataka Power Corporation Limited | ₹14,854 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Madhya Pradesh Power Generating Company Limited | ₹12,952 Cr (FY 2024) | 14.0% | Jabalpur, Madhya Pradesh, India | |||
| JSW Energy Limited | ₹12,639 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| NHPC Limitedthis company | ₹11,648 Cr (FY 2026) | ₹3,779.4 Cr | 32.4% | 11.9% | Faridabad, Haryana, India | |
| Himachal Pradesh State Electricity Board Limited | ₹7,508.67 Cr (FY 2024) | -14.0% | Shimla, Himachal Pradesh, India | |||
| Jaiprakash Power Ventures Limited | ₹5,707.55 Cr (FY 2025) | -20.0% | Nigrie, Madhya Pradesh, India | |||
| North Eastern Electric Power Corporation Limited | ₹4,341.87 Cr (FY 2025) | 2.0% | Shillong, Meghalaya, India |
To see the full peer comparison of NHPC Limited, buy the company report.
Auditor
NHPC Limited is audited by S. N. Dhawan & CO LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. N. Dhawan & CO LLP | FY 2025 | 000050N / N500045 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 61.40%, foreign institutional investors hold 12.30%, domestic institutional investors hold 15.70% and retail and other public shareholders hold 10.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 61.40% | 67.40% | 67.40% | 67.40% |
| Public | 38.60% | 32.60% | 32.60% | 32.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2025 | 101203466 | State Bank of India | ₹1,854.33 Cr | Open | |
| 24 Dec 2024 | 101029778 | Others | ₹2,348.45 Cr | Open | |
| 20 Aug 2024 | 100968963 | Others | ₹750 Cr | Open | |
| 22 Mar 2024 | 100901038 | Others | ₹1,500 Cr | Open | |
| 09 Feb 2024 | 100874732 | Hdfc Bank Limited | ₹2,046.94 Cr | Open |
To see the full charge records of NHPC Limited, buy the company report.
Total charge records: 85 View all charges
Deals & funding
NHPC Limited has 12 deals on record (4 market trades, 3 debt financings, 2 secondary share transfers), with disclosed funding of ₹8,096 Cr; the latest was in January 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Market trade | ₹11.57 Cr | Buyer: an individual Seller: an individual |
| Jan 2024 | Market trade | ₹53.43 Cr | Buyer: Marshall Wace Investment Strategies Eureka Fund Seller: an individual |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Public Market Investors Seller: Government Of India |
| Sep 2021 | Market trade | ₹168 Cr | Seller: Rec Limited |
| Jun 2021 | Market trade | ₹270.5 Cr | Buyer: Sbi Mutual Fund, Valeo Global Fund Seller: Rec Limited |
To see the full deal history of NHPC Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
NHPC Limited has 1,174 court cases on record: 448 filed by NHPC, 727 filed against it. 250 cases are pending and 924 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 771 | 529 | 205 |
| District courts | 356 | 179 | 40 |
| Supreme Court | 44 | 19 | 5 |
| NCLAT | 3 | 0 | 0 |
Cases on record (5 of 1,174)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed against the company by Acme Greentech Nineth Private Limited | Pending |
| District court, Faridabad, Haryana | Arbitration matter | Filed against the company by SPML Infra Limited | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed against the company by Acme Greentech Tenth Private Limited | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Haryana Vidyut Prasaran Nigam Limited and 1 other | Pending |
| Supreme Court | Appeal | Filed by the company against M/S V3s Infratech Ltd. | Pending |
To see the full case history of NHPC Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
NHPC Limited was last rated by Indiarating on 27 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 27 Mar 2023 |
To see the full credit ratings and regulatory alerts of NHPC Limited, buy the company report.
MSME payment delays
NHPC Limited has 4 MSME Form 1 returns on record between 2017 and 2019, listing 21 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aegasun Energy LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| India Rubber Products | |||
| Oblum Electrical Industries Pvt Ltd |
To see the full MSME payment records of NHPC Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
NHPC has 8 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| NHDC Limited | U31200MP2000GOI014337 | |
| Loktak Downstream Hydroelectric Corporation Limited | U40101MN2009GOI008249 | |
| Chenab Valley Power Projects Limited | U40105JK2011GOI003321 | |
| Ratle Hydroelectric Power Corporation Limited | U40105JK2021GOI012380 | |
| Lanco Teesta Hydro Power Limited | U40109TG2000GOI034758 | |
| Jalpower Corporation Limited | U40109TG2004GOI043985 |
To see the full group structure of NHPC Limited, buy the company report.
Employees & EPFO
NHPC Limited has 5 active EPFO establishments as of Sep 24, 2025.
GST
NHPC has 60 GST registrations: 38 active and 22 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACN0149C1DC | Haryana | Active | 16 Oct 2018 |
| 06AAACN0149C2Z2 | Haryana | Active | 01 Nov 2019 |
| 06AAACN0149C2DB | Haryana | Active | 05 Feb 2020 |
| 02AAACN0149C1ZB | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NHPC Limited, buy the company report.
Recent activity
NHPC Limited has 129 board changes on record since 1996: 70 appointments and 59 cessations. The latest: Diwakar Nath Misra was appointed as Nominee Director on 14 May 2026.
312 earlier events are in the company report.
News
Frequently asked questions
NHPC is an active public limited union government company based in Faridabad, Haryana, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 07 November 1975 (51+ years old) and is registered under CIN L40101HR1975GOI032564. Listed on BSE: 533098 and NSE: NHPC.
NHPC reported revenue of ₹11,648 Cr for FY 2025-26 (up 11.9% YoY) based on consolidated financials.
NHPC has 5 current directors:
- Suprakash Adhikari - Whole-Time Director
- Sanjay Kumar Singh - Whole-Time Director
- Mahesh Kumar Sharma - Additional Director
- Bhupender Gupta - Additional Director
- Diwakar Nath Misra - Nominee Director
The latest financial statements of NHPC on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of NHPC is 06AAACN0149C1DC, registered in Haryana. The company has 60 GST registrations in all, of which 38 are active and 22 are cancelled or inactive. Other active GSTINs include 06AAACN0149C2Z2 (Haryana), 06AAACN0149C2DB (Haryana), 02AAACN0149C1ZB (Himachal Pradesh).
The CIN (Corporate Identification Number) of NHPC is L40101HR1975GOI032564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. NHPC is a listed company as per MCA records. Its shares are listed on both BSE (code: 533098) and NSE (symbol: NHPC).
NHPC has 1,174 court cases on record: 448 filed by the company and 727 filed against it. 250 are pending. Most are in the high courts.
NHPC was incorporated on 07 November 1975, making it 51+ years old. It is registered with the Registrar of Companies, Haryana.
NHPC has 12 deals on record (4 market trades, 3 debt financings, 2 secondary share transfers), with disclosed funding of ₹8,096 Cr; the latest was in January 2024.
The peers of NHPC by revenue are Andhra Pradesh Power Generation Corporation Limited, Telangana Power Generation Corporation Limited, Karnataka Power Corporation Limited, Madhya Pradesh Power Generating Company Limited, JSW Energy Limited and 3 more, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Diwakar Nath Misra was appointed as Nominee Director on 14 May 2026. Mahesh Kumar Sharma was appointed as Additional Director on 17 Oct 2025. Sipan Kumar Garg ceased to be Additional Director on 17 Oct 2025. NHPC has 129 board changes on record in total.