- Total income
- ₹1,96,847 Cr
- Profit
- ₹23,422 Cr

About NTPC Limited
Data last updated:
NTPC Limited is a public limited union government company based in New Delhi, Delhi, India. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 07 November 1975 and has been in existence for over 51 years.
NTPC is ranked #14 on the Fortune India 500 (2025). It is part of the Nifty 50, Sensex, Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L40101DL1975GOI007966. Its GSTIN is 07AAACN0255D2ZZ (Delhi). The company holds 81 GST registrations, of which 49 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532555 and NSE: NTPC.
The company has an authorised share capital of ₹16,600 Cr and a paid-up capital of ₹9,696.67 Cr. It was formerly known as National Thermal Power Corporation Limited. It is led by directors including Gurdeep Singh (Managing Director) and Jaikumar Srinivasan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ntpc Bhawan Scope Complex 7 Institutional Area Lodhi Road, New Delhi, Delhi, India – 110003.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,87,385 Cr, a decline of 0.4% compared to the previous year. For the same year it recorded a net profit of ₹29,265 Cr (net margin 15.6%) and EBITDA of ₹52,717 Cr (EBITDA margin 28.1%). The net worth stands at ₹2,03,176 Cr (up 10.4% YoY). Total assets are valued at ₹4,93,421 Cr (up 9.4% YoY).
The company has about 9,611 employees on its provident fund (EPFO) records. Its group structure includes 12 subsidiaries.
The company is associated with 2 brands: NTPC Limited and NTPC. As per MCA filings, the company has open charges of ₹30,508 Cr and satisfied charges of ₹50,558 Cr on record. Court records list 6,894 cases involving the company, including 3,782 filed by the company and 3,115 filed against it; 1,206 cases are pending. The company has 46 deals on record (31 market trades, 9 secondary share transfers, 5 debt financings), with disclosed funding of ₹13,896 Cr; the latest was in March 2025. Its 5 peer companies in the Infrastructure industry (Power Projects, Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 smaller; the largest is U. P. Power Corporation Limited with revenue of ₹1,04,532 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 239 overdue payments to 143 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 ntpc.co.in.
Company details
Recognitions & Rankings of NTPC
Contact details
NTPC Limited's registered office is in New Delhi, Delhi. Its website is ntpc.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNtpc Bhawan Scope Complex 7 Institutional Area Lodhi Road, New Delhi, Delhi, India – 110003
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of NTPC 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
NTPC operates two associated brands: NTPC Limited and NTPC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity generation and allied activities are conducted by NTPC. | ntpc.co.in | |
| Power generation, eProcurement services, and energy management in India. | eprocurentpc.nic.in |
Business activity
The main business activity of NTPC is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| 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 |
To see the full business activity and turnover split of NTPC Limited, buy the company report.
Financials of NTPC Limited
FY 2025-26 filings availableNTPC Limited reported revenue of ₹1,87,385 Cr (down 0.4% 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 | 1,87,385 | 1,88,138 | 1,78,525 | 1,76,207 | 1,32,669 | 1,11,531 | 1,09,464 |
| Revenue growth | -0.4% | +5.4% | +1.3% | +32.8% | +19.0% | +1.9% | - |
| EBITDA | 52,717 | 54,172 | 51,279 | 47,459 | 40,260 | 32,382 | 31,537 |
| EBITDA margin | +28.1% | +28.8% | +28.7% | +26.9% | +30.4% | +29.0% | +28.8% |
| Profit before tax | 24,669 | 32,198 | 28,142 | 23,917 | 22,007 | 17,390 | 21,250 |
| Net profit | 29,265 | 23,555 | 20,707 | 16,973 | 16,405 | 15,417 | 10,120 |
| Net profit margin | +15.6% | +12.5% | +11.6% | +9.6% | +12.4% | +13.8% | +9.2% |
| EPS (₹) | 27.90 | 24.16 | 21.46 | 17.44 | 17.20 | 15.09 | 11.72 |
| Balance sheet | |||||||
| Total assets | 4,93,421 | 4,51,166 | 4,11,639 | 3,82,829 | 3,56,846 | 3,47,289 | 3,30,042 |
| Net worth | 2,03,176 | 1,84,071 | 1,60,709 | 1,47,023 | 1,35,374 | 1,25,738 | 1,18,839 |
| Total debt | 2,71,005 | 2,50,096 | 2,37,131 | 2,22,913 | 2,10,707 | 2,10,208 | 2,00,630 |
| Cash & bank | 8,004 | 11,457 | 6,847 | 4,949 | 4,458 | 4,388 | 3,214 |
| Net working capital | 39,640 | 38,884 | 29,659 | 17,341 | 9,454 | 14,528 | 17,177 |
| Cash flow | |||||||
| Cash from operations | 50,902 | 50,488 | 40,099 | 47,152 | 41,788 | 32,444 | 24,583 |
| Cash from investing | (37,578) | (45,852) | (31,456) | (26,145) | (22,891) | (21,034) | (30,322) |
| Cash from financing | (11,328) | (4,073) | (8,246) | (21,217) | (19,172) | (11,049) | 6,004 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 50,741 | 49,686 | 45,846 | 44,786 | 47,064 | 49,834 | 45,069 | 44,706 |
| Revenue growth (YoY) | +7.8% | -0.3% | +1.7% | +0.2% | -3.0% | - | - | - |
| Other income | 1,549 | 1,918 | 1,738 | 2,734 | 3,241 | 4,180 | 986 | 3,218 |
| EBITDA | 16,231 | 8,505 | 14,570 | 12,816 | 12,579 | 14,754 | 13,341 | 11,665 |
| EBITDA margin | +32.0% | +17.1% | +31.8% | +28.6% | +26.7% | +29.6% | +29.6% | +26.1% |
| Depreciation | 5,234 | 5,134 | 5,093 | 4,816 | 4,587 | 4,663 | 4,318 | 4,216 |
| Interest | 3,386 | 3,737 | 3,164 | 3,432 | 3,468 | 3,648 | 2,764 | 3,621 |
| Profit before tax | 9,160 | 1,553 | 8,050 | 7,301 | 7,765 | 10,623 | 7,245 | 7,046 |
| Tax | 2,263 | (9,062) | 2,453 | 2,076 | 1,657 | 2,726 | 2,075 | 1,666 |
| Net profit | 6,896 | 10,615 | 5,597 | 5,225 | 6,108 | 7,897 | 5,170 | 5,380 |
| EPS (₹) | 6.93 | 10.81 | 5.66 | 5.23 | 6.20 | 7.85 | 5.22 | 5.44 |
| 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 | 1,65,494 | 1,70,037 | 1,62,009 | 1,63,770 | 1,21,175 | 99,207 | 97,700 |
| Revenue growth | -2.7% | +5.0% | -1.1% | +35.2% | +22.1% | +1.5% | - |
| EBITDA | 41,875 | 45,473 | 43,438 | 42,867 | 36,018 | 27,398 | 27,064 |
| EBITDA margin | +25.3% | +26.7% | +26.8% | +26.2% | +29.7% | +27.6% | +27.7% |
| Profit before tax | 19,659 | 26,949 | 24,679 | 23,476 | 20,740 | 15,695 | 19,295 |
| Net profit | 23,343 | 22,137 | 18,122 | 17,212 | 17,167 | 15,925 | 11,708 |
| Net profit margin | +14.1% | +13.0% | +11.2% | +10.5% | +14.2% | +16.1% | +12.0% |
| EPS (₹) | 23.89 | 20.26 | 18.64 | 17.73 | 16.79 | 14.20 | 10.22 |
| Balance sheet | |||||||
| Total assets | 3,71,380 | 3,53,117 | 3,41,146 | 3,31,082 | 3,19,647 | 3,01,203 | 2,87,042 |
| Net worth | 1,74,865 | 1,61,641 | 1,49,885 | 1,38,890 | 1,28,668 | 1,18,985 | 1,13,569 |
| Total debt | 1,91,145 | 1,86,231 | 1,86,206 | 1,87,271 | 1,85,578 | 1,76,466 | 1,68,712 |
| Cash & bank | 3,044 | 4,779 | 4,600 | 3,742 | 2,747 | 2,338 | 2,209 |
| Net working capital | 47,140 | 37,918 | 33,224 | 23,784 | 9,891 | 14,230 | 15,974 |
| Cash flow | |||||||
| Cash from operations | 41,000 | 41,318 | 34,756 | 42,351 | 37,898 | 27,058 | 21,584 |
| Cash from investing | (20,118) | (20,546) | (15,044) | (14,101) | (18,080) | (17,342) | (27,247) |
| Cash from financing | (20,211) | (20,968) | (19,519) | (28,365) | (19,877) | (9,646) | 5,659 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43,832 | 43,109 | 40,644 | 39,167 | 42,572 | 43,904 | 41,369 | 40,337 |
| Revenue growth (YoY) | +3.0% | -1.8% | -1.8% | -2.9% | -4.2% | - | - | - |
| Other income | 942 | 920 | 1,497 | 2,933 | 2,680 | 3,973 | 934 | 3,119 |
| Total expenses | 31,203 | 37,301 | 28,652 | 29,147 | 32,289 | 32,649 | 29,752 | 30,651 |
| EBITDA | 12,629 | 5,808 | 11,992 | 10,019 | 10,283 | 11,255 | 11,617 | 9,686 |
| EBITDA margin | +28.8% | +13.5% | +29.5% | +25.6% | +24.2% | +25.6% | +28.1% | +24.0% |
| Depreciation | 4,071 | 4,051 | 4,117 | 3,993 | 3,869 | 4,032 | 3,722 | 3,647 |
| Interest | 2,359 | 2,667 | 2,275 | 2,662 | 2,838 | 3,097 | 2,203 | 3,108 |
| Profit before tax | 7,140 | 10.00 | 7,096 | 6,297 | 6,255 | 8,098 | 6,626 | 6,051 |
| Tax | 1,798 | (8,737) | 2,109 | 1,644 | 1,481 | 2,320 | 1,915 | 1,402 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 50,741 | 49,686 | 45,846 | 44,786 | 47,064 | 49,834 | 45,069 | 44,706 |
| Revenue growth (YoY) | +7.8% | -0.3% | +1.7% | +0.2% | -3.0% | - | - | - |
| Other income | 1,549 | 1,918 | 1,738 | 2,734 | 3,241 | 4,180 | 986 | 3,218 |
| EBITDA | 16,231 | 8,505 | 14,570 | 12,816 | 12,579 | 14,754 | 13,341 | 11,665 |
| EBITDA margin | +32.0% | +17.1% | +31.8% | +28.6% | +26.7% | +29.6% | +29.6% | +26.1% |
| Depreciation | 5,234 | 5,134 | 5,093 | 4,816 | 4,587 | 4,663 | 4,318 | 4,216 |
| Interest | 3,386 | 3,737 | 3,164 | 3,432 | 3,468 | 3,648 | 2,764 | 3,621 |
| Profit before tax | 9,160 | 1,553 | 8,050 | 7,301 | 7,765 | 10,623 | 7,245 | 7,046 |
| Tax | 2,263 | (9,062) | 2,453 | 2,076 | 1,657 | 2,726 | 2,075 | 1,666 |
| Net profit | 6,896 | 10,615 | 5,597 | 5,225 | 6,108 | 7,897 | 5,170 | 5,380 |
| EPS (₹) | 6.93 | 10.81 | 5.66 | 5.23 | 6.20 | 7.85 | 5.22 | 5.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,87,385 | 1,88,138 | 1,78,525 | 1,76,207 | 1,32,669 | 1,11,531 | 1,09,464 |
| Revenue growth | -0.4% | +5.4% | +1.3% | +32.8% | +19.0% | +1.9% | - |
| Other income | 5,383 | 8,709 | 5,367 | 2,698 | 4,911 | 6,683 | 8,258 |
| Total expenses | 1,34,667 | 1,33,966 | 1,27,246 | 1,28,748 | 92,409 | 79,149 | 77,927 |
| Employee cost | 7,975 | 7,825 | 7,534 | 7,459 | 7,193 | 6,014 | 5,897 |
| EBITDA | 52,717 | 54,172 | 51,279 | 47,459 | 40,260 | 32,382 | 31,537 |
| EBITDA margin | +28.1% | +28.8% | +28.7% | +26.9% | +30.4% | +29.0% | +28.8% |
| Depreciation | 19,629 | 17,401 | 16,204 | 14,792 | 13,788 | 12,450 | 10,356 |
| Interest | 13,801 | 13,282 | 12,301 | 11,447 | 9,376 | 9,224 | 8,189 |
| Profit before tax | 24,669 | 32,198 | 28,142 | 23,917 | 22,007 | 17,390 | 21,250 |
| Tax | (2,876) | 8,245 | 6,809 | 6,796 | 5,047 | 2,421 | 9,348 |
| Net profit | 29,265 | 23,555 | 20,707 | 16,973 | 16,405 | 15,417 | 10,120 |
| Net profit margin | +15.6% | +12.5% | +11.6% | +9.6% | +12.4% | +13.8% | +9.2% |
| EPS (₹) | 27.90 | 24.16 | 21.46 | 17.44 | 17.20 | 15.09 | 11.72 |
| 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 | 9,697 | 9,697 | 9,697 | 9,697 | 9,697 | 9,697 | 9,895 |
| Reserves & surplus | 1,93,479 | 1,74,374 | 1,51,013 | 1,37,326 | 1,25,677 | 1,16,042 | 1,08,945 |
| Shareholders' funds (net worth) | 2,03,176 | 1,84,071 | 1,60,709 | 1,47,023 | 1,35,374 | 1,25,738 | 1,18,839 |
| Minority interest | 7,977 | 7,052 | 4,413 | 3,930 | 3,760 | 3,524 | 3,317 |
| Secured loans | 52,303 | 58,826 | 65,349 | 71,452 | 73,813 | 74,192 | 74,397 |
| Unsecured loans | 2,18,701 | 1,91,270 | 1,71,782 | 1,51,462 | 1,36,893 | 1,36,016 | 1,26,233 |
| Total debt | 2,71,005 | 2,50,096 | 2,37,131 | 2,22,913 | 2,10,707 | 2,10,208 | 2,00,630 |
| Total liabilities | 4,93,421 | 4,51,166 | 4,11,639 | 3,82,829 | 3,56,846 | 3,47,289 | 3,30,042 |
| Assets | |||||||
| Gross block | 4,72,079 | 4,05,096 | 3,74,546 | 3,39,283 | 3,08,960 | 2,73,547 | 2,36,879 |
| Net block | 3,18,697 | 2,71,437 | 2,58,934 | 2,40,424 | 2,24,923 | 2,03,245 | 1,87,803 |
| Capital work in progress | 84,957 | 1,00,859 | 87,664 | 89,179 | 91,126 | 97,506 | 98,508 |
| Investments | 24,180 | 19,704 | 15,885 | 13,935 | 10,626 | 10,589 | 9,307 |
| Inventories | 19,051 | 18,999 | 18,270 | 14,454 | 10,370 | 10,020 | 11,422 |
| Sundry debtors | 36,616 | 34,720 | 33,350 | 30,112 | 27,971 | 28,200 | 20,371 |
| Cash & bank balances | 8,004 | 11,457 | 6,847 | 4,949 | 4,458 | 4,388 | 3,214 |
| Loans & advances | 31,012 | 28,220 | 24,769 | 20,435 | 15,684 | 13,841 | 22,182 |
| Total current assets | 94,684 | 93,396 | 83,237 | 69,949 | 58,483 | 56,449 | 57,190 |
| Total current liabilities | 55,043 | 54,512 | 53,577 | 52,608 | 49,030 | 41,920 | 40,012 |
| Net working capital | 39,640 | 38,884 | 29,659 | 17,341 | 9,454 | 14,528 | 17,177 |
| Total assets | 4,93,421 | 4,51,166 | 4,11,639 | 3,82,829 | 3,56,846 | 3,47,289 | 3,30,042 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,427 | 863 | 466 | 676 | 950 | 590 | 324 |
| Net cash from operating activities | 50,902 | 50,488 | 40,099 | 47,152 | 41,788 | 32,444 | 24,583 |
| Net cash from investing activities | (37,578) | (45,852) | (31,456) | (26,145) | (22,891) | (21,034) | (30,322) |
| Net cash from financing activities | (11,328) | (4,073) | (8,246) | (21,217) | (19,172) | (11,049) | 6,004 |
| Net change in cash | 1,995 | 563 | 398 | (210) | (274) | 360 | 266 |
| Closing cash | 8,004 | 11,457 | 6,847 | 4,949 | 4,458 | 4,388 | 3,214 |
| 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 | -0.4% | +5.4% | +1.3% | +32.8% | +19.0% | +1.9% | - |
| EBITDA growth | -2.7% | +5.6% | +8.1% | +17.9% | +24.3% | +2.7% | - |
| PBT growth | -23.4% | +14.4% | +17.7% | +8.7% | +26.6% | -18.2% | +88.8% |
| Net income growth | +24.2% | +13.8% | +22.0% | +3.5% | +6.4% | +52.4% | - |
| Revenue CAGR (3Y) | +2.1% | +12.4% | +17.0% | +17.2% | +9.8% | +8.2% | +10.1% |
| EBITDA CAGR (3Y) | +3.6% | +10.4% | +16.6% | +14.6% | +21.3% | +13.1% | +13.6% |
| Profitability & leverage | |||||||
| Net income margin | +14.7% | +12.7% | +12.0% | +9.7% | +12.8% | +13.4% | +10.9% |
| Return on capital employed | +8.9% | +10.7% | +10.3% | +9.7% | +9.0% | +7.9% | +9.5% |
| Return on net worth | +15.4% | +13.9% | +13.9% | +12.1% | +13.0% | +12.2% | +10.3% |
| Debt / equity | 1.35 | 1.41 | 1.49 | 1.54 | 1.61 | 1.68 | 1.62 |
| Long-term debt / equity | 1.07 | 1.15 | 1.24 | 1.32 | 1.39 | 1.46 | 1.40 |
| Interest cover | 41.71 | 36.12 | 35.07 | 35.04 | 35.42 | 46.28 | 38.66 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.43 | 0.48 | 0.50 | 0.54 | 0.46 | 0.44 | 0.51 |
| Inventory turnover | 9.85 | 10.10 | 10.91 | 14.20 | 13.01 | 10.40 | 10.98 |
| Debtors turnover | 5.25 | 5.53 | 5.63 | 6.07 | 4.72 | 4.59 | 6.69 |
| EPS (₹) | 27.90 | 24.16 | 21.46 | 17.44 | 17.20 | 15.09 | 11.72 |
| Dividend per share (₹) | 9.00 | 8.35 | 7.75 | 7.25 | 7.00 | 6.15 | 3.15 |
| Book value per share (₹) | 209.53 | 189.83 | 165.74 | 151.62 | 139.61 | 129.67 | 120.11 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43,832 | 43,109 | 40,644 | 39,167 | 42,572 | 43,904 | 41,369 | 40,337 |
| Revenue growth (YoY) | +3.0% | -1.8% | -1.8% | -2.9% | -4.2% | - | - | - |
| Other income | 942 | 920 | 1,497 | 2,933 | 2,680 | 3,973 | 934 | 3,119 |
| Total expenses | 31,203 | 37,301 | 28,652 | 29,147 | 32,289 | 32,649 | 29,752 | 30,651 |
| EBITDA | 12,629 | 5,808 | 11,992 | 10,019 | 10,283 | 11,255 | 11,617 | 9,686 |
| EBITDA margin | +28.8% | +13.5% | +29.5% | +25.6% | +24.2% | +25.6% | +28.1% | +24.0% |
| Depreciation | 4,071 | 4,051 | 4,117 | 3,993 | 3,869 | 4,032 | 3,722 | 3,647 |
| Interest | 2,359 | 2,667 | 2,275 | 2,662 | 2,838 | 3,097 | 2,203 | 3,108 |
| Profit before tax | 7,140 | 10.00 | 7,096 | 6,297 | 6,255 | 8,098 | 6,626 | 6,051 |
| Tax | 1,798 | (8,737) | 2,109 | 1,644 | 1,481 | 2,320 | 1,915 | 1,402 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,65,494 | 1,70,037 | 1,62,009 | 1,63,770 | 1,21,175 | 99,207 | 97,700 |
| Revenue growth | -2.7% | +5.0% | -1.1% | +35.2% | +22.1% | +1.5% | - |
| Other income | 4,257 | 7,703 | 5,687 | 4,011 | 5,045 | 6,168 | 7,652 |
| Total expenses | 1,23,619 | 1,24,565 | 1,18,571 | 1,20,903 | 85,156 | 71,809 | 70,636 |
| Employee cost | 6,322 | 6,231 | 6,184 | 6,132 | 5,967 | 5,461 | 5,698 |
| EBITDA | 41,875 | 45,473 | 43,438 | 42,867 | 36,018 | 27,398 | 27,064 |
| EBITDA margin | +25.3% | +26.7% | +26.8% | +26.2% | +29.7% | +27.6% | +27.7% |
| Depreciation | 16,031 | 15,056 | 13,943 | 13,137 | 12,058 | 10,412 | 8,623 |
| Interest | 10,442 | 11,171 | 10,503 | 10,265 | 8,265 | 7,459 | 6,799 |
| Profit before tax | 19,659 | 26,949 | 24,679 | 23,476 | 20,740 | 15,695 | 19,295 |
| Tax | (3,504) | 7,300 | 6,600 | 6,279 | 4,458 | 1,925 | 9,182 |
| Net profit | 23,343 | 22,137 | 18,122 | 17,212 | 17,167 | 15,925 | 11,708 |
| Net profit margin | +14.1% | +13.0% | +11.2% | +10.5% | +14.2% | +16.1% | +12.0% |
| EPS (₹) | 23.89 | 20.26 | 18.64 | 17.73 | 16.79 | 14.20 | 10.22 |
| 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 | 9,697 | 9,697 | 9,697 | 9,697 | 9,697 | 9,697 | 9,895 |
| Reserves & surplus | 1,65,169 | 1,51,944 | 1,40,188 | 1,29,193 | 1,18,971 | 1,09,289 | 1,03,675 |
| Shareholders' funds (net worth) | 1,74,865 | 1,61,641 | 1,49,885 | 1,38,890 | 1,28,668 | 1,18,985 | 1,13,569 |
| Secured loans | 18,783 | 25,060 | 32,700 | 44,917 | 51,194 | 40,037 | 41,641 |
| Unsecured loans | 1,72,362 | 1,61,171 | 1,53,506 | 1,42,354 | 1,34,384 | 1,36,429 | 1,27,071 |
| Total debt | 1,91,145 | 1,86,231 | 1,86,206 | 1,87,271 | 1,85,578 | 1,76,466 | 1,68,712 |
| Total liabilities | 3,71,380 | 3,53,117 | 3,41,146 | 3,31,082 | 3,19,647 | 3,01,203 | 2,87,042 |
| Assets | |||||||
| Gross block | 3,35,508 | 3,15,303 | 3,00,021 | 2,70,360 | 2,57,084 | 2,12,304 | 1,93,575 |
| Net block | 2,17,307 | 2,12,208 | 2,12,611 | 1,97,361 | 1,95,571 | 1,64,449 | 1,56,811 |
| Capital work in progress | 48,303 | 52,330 | 47,157 | 61,789 | 73,618 | 75,438 | 73,359 |
| Investments | 38,729 | 35,105 | 33,158 | 29,770 | 23,249 | 28,626 | 26,401 |
| Inventories | 17,419 | 18,109 | 17,606 | 13,882 | 9,911 | 9,369 | 10,902 |
| Sundry debtors | 30,780 | 28,735 | 27,348 | 26,029 | 24,747 | 22,976 | 15,615 |
| Cash & bank balances | 3,044 | 4,779 | 4,600 | 3,742 | 2,747 | 2,338 | 2,209 |
| Loans & advances | 30,678 | 25,065 | 22,988 | 22,312 | 14,015 | 12,550 | 19,949 |
| Total current assets | 81,921 | 76,688 | 72,542 | 65,965 | 51,420 | 47,233 | 48,675 |
| Total current liabilities | 34,781 | 38,770 | 39,318 | 42,181 | 41,529 | 33,003 | 32,702 |
| Net working capital | 47,140 | 37,918 | 33,224 | 23,784 | 9,891 | 14,230 | 15,974 |
| Total assets | 3,71,380 | 3,53,117 | 3,41,146 | 3,31,082 | 3,19,647 | 3,01,203 | 2,87,042 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.15 | 197 | 3.13 | 117 | 177 | 20.37 | 24.38 |
| Net cash from operating activities | 41,000 | 41,318 | 34,756 | 42,351 | 37,898 | 27,058 | 21,584 |
| Net cash from investing activities | (20,118) | (20,546) | (15,044) | (14,101) | (18,080) | (17,342) | (27,247) |
| Net cash from financing activities | (20,211) | (20,968) | (19,519) | (28,365) | (19,877) | (9,646) | 5,659 |
| Net change in cash | 670 | (195) | 194 | (114) | (59.21) | 69.68 | (4.01) |
| Closing cash | 3,044 | 4,779 | 4,600 | 3,742 | 2,747 | 2,338 | 2,209 |
| 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 | -2.7% | +5.0% | -1.1% | +35.2% | +22.1% | +1.5% | - |
| EBITDA growth | -7.9% | +4.7% | +1.3% | +19.0% | +31.5% | +1.2% | - |
| PBT growth | -27.1% | +9.2% | +5.1% | +13.2% | +32.1% | -18.7% | +118.5% |
| Net income growth | +5.5% | +22.2% | +5.3% | +0.3% | +7.8% | +36.0% | - |
| Revenue CAGR (3Y) | +0.4% | +12.0% | +17.8% | +18.8% | +10.3% | +5.9% | +7.7% |
| EBITDA CAGR (3Y) | -0.8% | +8.1% | +16.6% | +16.6% | +24.0% | +8.2% | +9.7% |
| Profitability & leverage | |||||||
| Net income margin | +14.0% | +11.6% | +11.2% | +10.5% | +13.4% | +13.9% | +10.4% |
| Return on capital employed | +8.3% | +12.0% | +10.5% | +10.4% | +9.3% | +9.0% | +11.4% |
| Return on net worth | +13.8% | +14.2% | +12.5% | +12.9% | +13.2% | +13.7% | +10.6% |
| Debt / equity | 1.12 | 1.20 | 1.29 | 1.39 | 1.46 | 1.48 | 1.41 |
| Long-term debt / equity | 0.84 | 0.94 | 1.05 | 1.19 | 1.26 | 1.28 | 1.20 |
| Interest cover | 40.40 | 36.73 | 35.61 | 34.53 | 34.50 | 43.91 | 36.87 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.51 | 0.55 | 0.57 | 0.62 | 0.52 | 0.49 | 0.56 |
| Inventory turnover | 9.32 | 9.52 | 10.29 | 13.77 | 12.57 | 9.79 | 10.21 |
| Debtors turnover | 5.56 | 6.06 | 6.07 | 6.45 | 5.08 | 5.14 | 8.13 |
| EPS (₹) | 23.89 | 20.26 | 18.64 | 17.73 | 16.79 | 14.20 | 10.22 |
| Dividend per share (₹) | 9.00 | 8.35 | 7.75 | 7.25 | 7.00 | 6.15 | 3.15 |
| Book value per share (₹) | 180.34 | 166.70 | 154.57 | 143.23 | 132.69 | 122.71 | 114.78 |
To see the full year-wise statements and ratios of NTPC Limited, buy the company report.
Board of directors of NTPC Limited
NTPC has 12 current directors and 88 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Surendrapal Singh | Nominee Director | 31 May 2022 | 4 Years 4 Months | Current |
| Gurdeep Singh | Managing Director | 04 Feb 2016 | 10 Years 8 Months | Current |
| Jaikumar Srinivasan Also directs: NTPC Green Energy Limited, Mahagenco NTPC Green Energy Private Limited, Green Valley Renewable Energy Limited and 3 more | Whole-Time Director | 21 Jul 2022 | 4 Years 3 Months | Current |
| Anil Kumar Gupta | Director | 16 May 2025 | 1 Years 5 Months | Current |
| Pankaj Gupta | Director | 16 May 2025 | 1 Years 5 Months | Current |
| Kanchiappan Ghayathri Devi | Director | 19 May 2025 | 1 Years 5 Months | Current |
Peer comparison
NTPC Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Power Projects, Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| NTPC Limitedthis company | ₹1,87,385 Cr (FY 2026) | ₹29,265 Cr | 15.6% | -0.4% | 9,611 | New Delhi, Delhi, India |
| U. P. Power Corporation Limited | ₹1,04,532 Cr (FY 2025) | 3.0% | Uttar Pradesh, India | |||
| Tamil Nadu Power Distribution Corporation Limited | ₹98,884 Cr (FY 2024) | 20.0% | Chennai, Tamil Nadu, India | |||
| Gujarat Urja Vikas Nigam Limited | ₹88,896 Cr (FY 2025) | 1.0% | Vadodara, Gujarat, India | |||
| Power Grid Corporation of India Limited | ₹47,459 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Southern Power Distribution Company of Telangana Limited | ₹44,953 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of NTPC Limited, buy the company report.
Auditor
NTPC Limited is audited by S.K. MEHTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. MEHTA & CO. | FY 2023 | 000478N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 51.10%, foreign institutional investors hold 16.30%, domestic institutional investors hold 29.40% and retail and other public shareholders hold 3.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 51.10% | 51.10% | 51.10% | 51.10% |
| Public | 48.90% | 48.90% | 48.90% | 48.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2019 | 100298521 | Others | ₹4,300 Cr | Open | |
| 27 Mar 2019 | 100251142 | Others | ₹4,000 Cr | Open | |
| 28 Feb 2017 | 100086112 | Others | ₹3,925 Cr | Open | |
| 11 Jan 2017 | 100072796 | Others | ₹700 Cr | Open | |
| 24 Oct 2016 | 100057464 | Others | ₹670 Cr | Open |
To see the full charge records of NTPC Limited, buy the company report.
Total charge records: 77 View all charges
Deals & funding
NTPC Limited has 46 deals on record (31 market trades, 9 secondary share transfers, 5 debt financings), with disclosed funding of ₹13,896 Cr; the latest was in March 2025.
Deals on record (5 of 46)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Debt financing | ₹4,000 Cr | |
| Nov 2024 | Market trade | ₹100.43 Cr | Buyer: Pi Opportunities Aif V LLP Seller: Premjiinvest |
| Jan 2024 | Market trade | ₹35.02 Cr | Buyer: an individual Seller: an individual |
| Nov 2022 | Market trade | ₹105.72 Cr | Buyer: an individual Seller: Ishares Core Emerging Markets Mauritius Co |
| Nov 2022 | Market trade | ₹111.57 Cr | Buyer: an individual Seller: Ishares Core Emerging Markets Mauritius Co |
To see the full deal history of NTPC 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
NTPC Limited has 6,894 court cases on record: 3,782 filed by NTPC, 3,115 filed against it. 1,206 cases are pending and 5,688 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4,985 | 2,170 | 728 |
| District courts | 1,408 | 658 | 321 |
| Supreme Court | 481 | 278 | 150 |
| NCLAT | 14 | 6 | 7 |
| NCLT | 6 | 3 | 0 |
Cases on record (5 of 6,894)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (2002-Environmental Laws : Appeal under Section 22 of the National Green Tribunal Act, 2010) | Filed by the company against individuals | Pending |
| Supreme Court | Court case (0302-Arbitration Law and Other Alternative Dispute Resolution : SLPs relating to appointment of arbitrator, arising out of applications under Section 8, removal of arbitrator, termination of mandate of arbitrator under Arbitration Act, 1940, and Arbitration and Conciliation Act, 1996.) | Filed against the company by Bharat Heavy Electrical Limited | Pending |
| Supreme Court | Court case (2407-Indirect Taxation : Entry tax, motor vehicle tax, purchase tax, entertainment tax, terminal tax, octroi, toll tax, professional tax, Gold Control Act, Hotel Receipts Tax Act, Water and sewage Tax, luxury tax, Cess Acts) | Filed against the company by The State of Madhya Pradesh | Pending |
| Supreme Court | Court case (2407-Indirect Taxation : Entry tax, motor vehicle tax, purchase tax, entertainment tax, terminal tax, octroi, toll tax, professional tax, Gold Control Act, Hotel Receipts Tax Act, Water and sewage Tax, luxury tax, Cess Acts) | Filed against the company by The State of Madhya Pradesh | Pending |
To see the full case history of NTPC 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
NTPC Limited was last rated by Care on 30 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Jun 2022 |
To see the full credit ratings and regulatory alerts of NTPC Limited, buy the company report.
MSME payment delays
NTPC Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 239 overdue payments to 143 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 143)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indochem Technologies | |||
| New India Rubber House | |||
| The Precision Processing Equipment | |||
| Chemicals & Instruments Corporation | |||
| Chemtrols Industries Private Limited |
To see the full MSME payment records of NTPC Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
NTPC has 12 subsidiary companies and 15 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| NTPC Mining Limited | U10300DL2019GOI354454 | |
| NTPC Green Energy Limited | U40100DL2022GOI396282 | |
| Green Valley Renewable Energy Limited | U40100DL2022GOI403638 | |
| North Eastern Electric Power Corpn Ltd | U40101ML1976GOI001658 | |
| Bhartiya Rail Bijlee Company Limited | U40102DL2007GOI170661 | |
| Ratnagiri Gas and Power Private Limited | U40105DL2005PTC138458 |
To see the full group structure of NTPC Limited, buy the company report.
Employees & EPFO
NTPC Limited has a workforce of 9,611 employees on its EPFO records as of Apr 04, 2024, across 27 active EPFO establishments.
GST
NTPC has 81 GST registrations: 49 active and 32 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACN0255D2ZZ | Delhi | Active | 01 Jul 2017 |
| 07AAACN0255D1D9 | Delhi | Active | 26 Sep 2018 |
| 07AAACN0255D5ZW | Delhi | Active | 22 Feb 2025 |
| 02AAACN0255D2Z9 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NTPC Limited, buy the company report.
Recent activity
NTPC Limited has 186 board changes on record since 2002: 100 appointments and 86 cessations. The latest: Kanchiappan Ghayathri Devi was appointed as Director on 19 May 2025.
342 earlier events are in the company report.
News
Frequently asked questions
NTPC is an active public limited union government company based in New Delhi, Delhi, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 07 November 1975 (51+ years old) and is registered under CIN L40101DL1975GOI007966. Listed on BSE: 532555 and NSE: NTPC.
NTPC reported revenue of ₹1,87,385 Cr for FY 2025-26 (down 0.4% YoY) based on consolidated financials.
NTPC has 12 current directors:
- Gurdeep Singh - Managing Director
- Jaikumar Srinivasan - Whole-Time Director
- Anil Kumar Jadli - Whole-Time Director
- Ravindra Kumar - Whole-Time Director
- Shanmugha Sundaram Kothandapani - Whole-Time Director
- Piyush Surendrapal Singh - Nominee Director
- Anil Kumar Gupta - Director
- Pankaj Gupta - Director
- Kanchiappan Ghayathri Devi - Director
- Sushil Kumar Choudhary - Director
- Mahabir Prasad - Nominee Director
- Shivam Srivastav - Director
The latest financial statements of NTPC on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of NTPC is 07AAACN0255D2ZZ, registered in Delhi. The company has 81 GST registrations in all, of which 49 are active and 32 are cancelled or inactive. Other active GSTINs include 07AAACN0255D1D9 (Delhi), 07AAACN0255D5ZW (Delhi), 02AAACN0255D2Z9 (Himachal Pradesh).
The CIN (Corporate Identification Number) of NTPC is L40101DL1975GOI007966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. NTPC is a listed company as per MCA records. Its shares are listed on both BSE (code: 532555) and NSE (symbol: NTPC).
NTPC has 6,894 court cases on record: 3,782 filed by the company and 3,115 filed against it. 1,206 are pending. Most are in the high courts.
NTPC was incorporated on 07 November 1975, making it 51+ years old. It is registered with the Registrar of Companies, Delhi.
NTPC has 46 deals on record (31 market trades, 9 secondary share transfers, 5 debt financings), with disclosed funding of ₹13,896 Cr; the latest was in March 2025.
The peers of NTPC by revenue are U. P. Power Corporation Limited, Tamil Nadu Power Distribution Corporation Limited, Gujarat Urja Vikas Nigam Limited, Power Grid Corporation of India Limited, Southern Power Distribution Company of Telangana Limited, all in the Infrastructure industry (Power Projects, Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Kanchiappan Ghayathri Devi was appointed as Director on 19 May 2025. Sushil Kumar Choudhary was appointed as Director on 19 May 2025. Anil Kumar Gupta was appointed as Director on 16 May 2025. NTPC has 186 board changes on record in total.