NTPC.NS NTPC Limited
INR·Price 365.80·Mkt cap 3.55T63funnel
as of 2026-06-19
Key numbers
Market cap
₹3,54,704 Cr
Current price
₹365.8
52w high / low
—
Stock P/E
13.1
Book value
₹209.53
P/B
1.7
ROCE
8.1%
ROE
13.3%
Computed from the latest reported financials and the current market price.
Who's the real player?
Strong90
A genuine play on this theme — most of its business sits right here.
Power Generation~85% core revenue
Is the business healthy?
Weak43
Shaky fundamentals — weak cash generation or a stretched balance sheet. Tread carefully.
- ⚠Weak FCF conversion (<50% of net income turns into free cash)
- ⚠High leverage: net debt > 3.5x EBITDA
- ⚠Altman Z in distress zone (<1.8)
cashflow quality: 47.2capital efficiency: 10growth quality: 100balance sheet: 20.9valuation: 43.3
FCF conversion
25.3%
FCF margin
3.7%
Accrual ratio
-4.4%
ROCE
8.1%
ROIC
5.7%
Net debt / EBITDA
4.4
Interest coverage
2.6
Revenue CAGR
—
Piotroski F
5
Altman Z
1.6
P / FCF
51.8
EV / EBITDA
10.3
- Strong growth quality
- Healthy OCF to EBITDA ratio
- Negative accrual ratio
Are the smart people buying?
Mixed51
No ownership-change data for this stock. Conviction is judged from capex and buyback signals alone.
Capex growth 6.6%Ownership-change data not available for this stock.
- Strong promoter/insider stake
- Institutional holdings present
- Capex growth indicates belief in future
What is management saying?
No earnings-call transcript or filings found for this stock.
Is the price right?
DCF not meaningful here — the model implies a non-positive equity value (high debt / weak free cash flow).
Through the masters' eyes
Each investor's numeric rules, checked against this stock's metrics: exact math, no guesswork. Tap one to see which rules pass, fail, and what to judge yourself.
Scoring this stock against the masters' frameworks…
Financial statements (INR)
↗ sourceCash-flow lines highlighted — we trust cash over reported profit.
| Line | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 1.87T | 1.88T | 1.77T | 1.74T | — |
| Operating income | 356.56B | 367.26B | 331.50B | 332.23B | — |
| EBITDA | 605.64B | 590.66B | 555.98B | 500.08B | — |
| Net income | 270.53B | 234.22B | 208.12B | 169.13B | — |
| Operating cash flow | 509.02B | 504.88B | 400.99B | 471.52B | — |
| Capex | -440.50B | -413.35B | -308.16B | -248.19B | — |
| Free cash flow | 68.52B | 91.53B | 92.83B | 223.33B | — |
| Total assets | 5.59T | 5.24T | 4.80T | 4.48T | — |
| Total equity | 2.03T | 1.84T | 1.61T | 1.47T | — |
| Total debt | 2.71T | 2.50T | 2.37T | 2.23T | — |
| Cash & equivalents | 34.22B | 14.27B | 8.63B | 4.66B | — |
Technical entry
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