NTPC (NTPC.NS) Stock Price

NTPC Price

🇮🇳NSE·CLOSED
356.35INR
Market closed
Today +/-
Today %

NTPC (NTPC.NS) Stock | ISIN INE733E01010 | WKN A0DK70. The current NTPC stock price is 356.35 INR (2026). Revenue is 1.98 T INR. Net income is 237.45 B INR. The P/E ratio is 14.55. Market capitalization is 3.46 T INR. NTPC operates in the Utilities sector.

NTPC stock price

Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of NTPC over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how NTPC stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing NTPC's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

NTPC Stock Price History
DateNTPC Price
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NTPC Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
275.78 B INR
60.49 B INR
58.41 B INR
Jan 1, 2007
338.8 B INR
80.81 B INR
68.98 B INR
Jan 1, 2008
386.82 B INR
95.43 B INR
74.7 B INR
Jan 1, 2009
427.3 B INR
82.69 B INR
80.93 B INR
Jan 1, 2010
483.24 B INR
102.18 B INR
88.38 B INR
Jan 1, 2011
576.07 B INR
101.24 B INR
93.48 B INR
Jan 1, 2012
658.93 B INR
124.27 B INR
98.13 B INR
Jan 1, 2013
720.98 B INR
144.1 B INR
125.91 B INR
Jan 1, 2014
789.51 B INR
150.27 B INR
114.04 B INR
Jan 1, 2015
806.12 B INR
119.8 B INR
99.86 B INR
Jan 1, 2016
734.26 B INR
129.29 B INR
108.01 B INR
Jan 1, 2017
820.43 B INR
153.88 B INR
107.2 B INR
Jan 1, 2018
880.83 B INR
156.29 B INR
105.44 B INR
Jan 1, 2019
1 T INR
181.29 B INR
137.37 B INR
Jan 1, 2020
1.09 T INR
222.07 B INR
116 B INR

NTPC Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 5:35 PM
 
REVENUE (M INR)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M INR)
NET INCOME (M INR)
NET INCOME GROWTH (%)
DIV. (INR)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales NTPC generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue NTPC retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare NTPC's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares NTPC has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against NTPC's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

NTPC stock margins

The NTPC margin analysis displays the gross margin, EBIT margin, as well as the profit margin of NTPC. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for NTPC.

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
37.96 %
21.94 %
21.18 %
Jan 1, 2007
38.31 %
23.85 %
20.36 %
Jan 1, 2008
39.76 %
24.67 %
19.31 %
Jan 1, 2009
35.49 %
19.35 %
18.94 %
Jan 1, 2010
36.89 %
21.14 %
18.29 %
Jan 1, 2011
36.04 %
17.57 %
16.23 %
Jan 1, 2012
33.36 %
18.86 %
14.89 %
Jan 1, 2013
36.13 %
19.99 %
17.46 %
Jan 1, 2014
35.82 %
19.03 %
14.44 %
Jan 1, 2015
32.42 %
14.86 %
12.39 %
Jan 1, 2016
36.57 %
17.61 %
14.71 %
Jan 1, 2017
37.33 %
18.76 %
13.07 %
Jan 1, 2018
39.01 %
17.74 %
11.97 %
Jan 1, 2019
39.5 %
18.08 %
13.7 %
Jan 1, 2020
42.49 %
20.29 %
10.6 %

NTPC Stock Revenue, EBIT, Earnings per Share

The NTPC earnings per share therefore indicates how much revenue NTPC has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
27.87 INR
6.11 INR
5.9 INR
Jan 1, 2007
34.24 INR
8.17 INR
6.97 INR
Jan 1, 2008
39.09 INR
9.64 INR
7.55 INR
Jan 1, 2009
43.18 INR
8.36 INR
8.18 INR
Jan 1, 2010
48.84 INR
10.33 INR
8.93 INR
Jan 1, 2011
58.22 INR
10.23 INR
9.45 INR
Jan 1, 2012
66.59 INR
12.56 INR
9.92 INR
Jan 1, 2013
72.86 INR
14.56 INR
12.72 INR
Jan 1, 2014
79.79 INR
15.19 INR
11.52 INR
Jan 1, 2015
81.47 INR
12.11 INR
10.09 INR
Jan 1, 2016
74.21 INR
13.07 INR
10.92 INR
Jan 1, 2017
82.91 INR
15.55 INR
10.83 INR
Jan 1, 2018
89.02 INR
15.79 INR
10.66 INR
Jan 1, 2019
101.35 INR
18.32 INR
13.88 INR
Jan 1, 2020
110.63 INR
22.44 INR
11.72 INR

NTPC business model & stock analysis

NTPC Ltd - History, Business Model, and Divisions NTPC Limited, or simply NTPC, is one of the largest energy companies in India. It was founded in 1975 to improve the energy supply in the country by constructing and operating various power plants to meet the country's energy needs. However, the history of NTPC began much earlier. In the 1960s, the Indian government recognized the urgent need for a reliable power supply to drive economic development. As a result, the National Thermal Power Corporation (NTPC) was established to coordinate and finance the construction of power plants. How it works NTPC is a state-owned company that essentially produces and sells energy. It operates coal, gas, hydro, steam turbine, solar, and wind power plants in various parts of the country. Some of its most well-known power plants are Singrauli, Vindhyachal, Dadri, Kabirdham, and Nabinagar. Energy generation is done through a process known as combined heat and power (CHP). NTPC utilizes the waste heat from its power plants to generate steam, which is then used for electricity generation. This process helps to utilize energy more efficiently and minimize CO2 emissions. Products and services NTPC primarily produces electricity, but it also offers other products and services. For example, it sells fuels such as coal, gas, and diesel to other companies that produce energy or manufacture other products. Additionally, NTPC provides various services such as project management, operations and maintenance, consulting, and training for power plant operators and technicians. It also has a research and development center where it tests and develops various technologies for energy generation and management. Divisions NTPC is divided into several divisions to utilize different energy sources and technologies. The main divisions are: - Coal: This is NTPC's largest division, encompassing coal-fired power plants in various parts of India, accounting for nearly 70% of the company's total capacity. - Gas: NTPC also operates gas and steam turbine (GT) power plants. GT power plants have higher fuel efficiency and are ideal for peak load operation. - Hydro: NTPC has several hydroelectric power plants that produce clean and renewable energy. - Solar: NTPC has built and operates several solar and photovoltaic power plants in India. - Wind: NTPC has also built and operates multiple wind power plants in different parts of the country. Overall, NTPC is a key player in the energy market in India, contributing to improving the energy supply in the country. It operates multiple power plants and utilizes various energy sources to meet the country's energy demand. The company is also committed to using clean and renewable energy sources to minimize CO2 emissions and combat climate change.

NTPC SWOT Analysis

Strengths

NTPC Ltd has a strong market position as one of India's largest power generation companies.

Well-established infrastructure and a diversified power generation portfolio.

Effective cost management practices leading to consistent profitability.

Strong financial performance and sound strategic partnerships.

Weaknesses

Dependency on government regulations and policies affecting the power sector.

Challenges in land acquisition and environmental clearances for power projects.

Vulnerability to fluctuations in fuel prices impacting operational costs.

Relatively slower decision-making process due to organizational size.

Opportunities

Growing demand for electricity in India's expanding economy.

Government initiatives to promote renewable energy, providing opportunities for diversification.

Potential for overseas expansion and exploring international markets.

Investments in research and development for adopting advanced power generation technologies.

Threats

Competition from private players entering the power generation sector.

Volatility in raw material prices impacting operational costs.

Risks of delays and cost overruns in project execution.

Environmental concerns and regulatory changes affecting power generation operations.

NTPC Eulerpool Fair Value

NTPC historical P/E ratio, EBIT multiple, and P/S ratio

NTPC annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

NTPC shares outstanding

The number of shares was NTPC in 2025 — This indicates how many shares 9.697 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
9.9 B base_Shares
Jan 1, 2007
9.9 B base_Shares
Jan 1, 2008
9.9 B base_Shares
Jan 1, 2009
9.9 B base_Shares
Jan 1, 2010
9.9 B base_Shares
Jan 1, 2011
9.9 B base_Shares
Jan 1, 2012
9.9 B base_Shares
Jan 1, 2013
9.9 B base_Shares
Jan 1, 2014
9.9 B base_Shares
Jan 1, 2015
9.9 B base_Shares
Jan 1, 2016
9.9 B base_Shares
Jan 1, 2017
9.9 B base_Shares
Jan 1, 2018
9.9 B base_Shares
Jan 1, 2019
9.9 B base_Shares
Jan 1, 2020
9.9 B base_Shares

NTPC Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20262.75INRYTD—1×
Feb 6, 20262.75INR 0.0%1/1
20258.6INR↑ 7.5%3×
Jan 31, 20252.5INR 0.0%1/3
Sep 4, 20253.35INR↑ 34.0%2/3
Nov 7, 20252.75INR↓ 17.9%3/3
20248INR↓ 15.8%3×
20239.5INR↑ 35.7%3×
20227INR↑ 13.8%2×
20216.15INR↑ 95.2%2×
20203.15INR↓ 48.2%2×
20196.08INR↑ 18.8%2×
20185.12INR↑ 7.1%2×
20174.78INR↑ 42.7%2×

NTPC dividend history and estimates

In 2025, NTPC paid a dividend amounting to 8.6 INR. Dividend means that NTPC distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2006
2.8 INR
0 INR
Jan 1, 2007
3.2 INR
0 INR
Jan 1, 2008
3.5 INR
0 INR
Jan 1, 2009
3.6 INR
0 INR
Jan 1, 2010
3.8 INR
0 INR
Jan 1, 2011
3.8 INR
0 INR
Jan 1, 2012
4 INR
0 INR
Jan 1, 2013
4.5 INR
0 INR
Jan 1, 2014
5.75 INR
0 INR
Jan 1, 2015
2.5 INR
0 INR
Jan 1, 2016
3.35 INR
0 INR
Jan 1, 2017
4.78 INR
0 INR
Jan 1, 2018
5.12 INR
0 INR
Jan 1, 2019
6.08 INR
0 INR
Jan 1, 2020
3.15 INR
0 INR

NTPC dividend payout ratio

In 2025, NTPC had a payout ratio of 40.43%. The payout ratio indicates the percentage of the company's profits that NTPC distributes as dividends.

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
39.55 %
Jan 1, 2007
38.26 %
Jan 1, 2008
38.63 %
Jan 1, 2009
36.67 %
Jan 1, 2010
35.46 %
Jan 1, 2011
33.51 %
Jan 1, 2012
33.6 %
Jan 1, 2013
29.48 %
Jan 1, 2014
41.56 %
Jan 1, 2015
20.65 %
Jan 1, 2016
25.56 %
Jan 1, 2017
36.78 %
Jan 1, 2018
40.03 %
Jan 1, 2019
39.51 %
Jan 1, 2020
26.88 %
Price targets and forecasts for NTPC are not yet available.

NTPC Earnings Estimates

NTPC Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/17/20245.8INR451.72 BINR2024 Q4
1/26/20245.28INR444.71 BINR2024 Q3

EESG©

Eulerpool ESG Scorecard© for the NTPC stock

72/100
89
Environment
99
Social
28
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees8.085
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

NTPC shareholder structure

% Name
51.10361%
Government of India
Government of India
4.21965%
ICICI Prudential Asset Management Co. Ltd.
ICICI Prudential Asset Management Co. Ltd.
4.06278%
Life Insurance Corporation of India
Life Insurance Corporation of India
4.05446%
Nippon Life India Asset Management Limited
Nippon Life India Asset Management Limited
3.80863%
Goldman Sachs Asset Management, L.P.
Goldman Sachs Asset Management, L.P.
2.37479%
GIC Private Limited
GIC Private Limited
2.22834%
SBI Funds Management Pvt. Ltd.
SBI Funds Management Pvt. Ltd.
1.90283%
NPS Trust
NPS Trust
1.7976%
HDFC Asset Management Co., Ltd.
HDFC Asset Management Co., Ltd.
1.65594%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
...

NTPC Executives and Management Board

SS

Shri. Gurdeep Singh

(58)

Executive Chairman of the Board, Managing Director · since 2016

Compensation15.91 M INR
SS

Shri. Shivam Srivastava

Executive Director, Director (Fuel) · since 2023

Compensation8.26 M INR
SS

Shri. Jaikumar Srinivasan

Chief Financial Officer, Director (Finance), Executive Director · since 2022

Compensation7.59 M INR
SK

Shri. Shanmugha Kothandapani

(57)

Executive Director, Director (Projects) · since 2023

Compensation2.31 M INR
SK

Shri. Ravindra Kumar

Executive Director, Director (Operations) · since 2024

Compensation607,032 INR
...

Frequently asked questions about NTPC

NTPC Ltd is an Indian government-owned power generation company. Its business model centers around the generation and sale of electricity. NTPC primarily operates thermal power plants, utilizing coal, gas, and oil as fuel sources. The company also focuses on renewable energy sources, such as solar and wind power. NTPC has diversified into other sectors like coal mining, power trading, and equipment manufacturing, aiming for integrated power solutions. By continuously expanding its power generation capacity and modernizing existing assets, NTPC is committed to providing sustainable and affordable electricity to meet India's growing energy demands.

All fundamentals and in-depth analysis of NTPC

Our stock analysis for NTPC Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NTPC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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