NHPC

NHPC Net Debt/Equity

The Net Debt to Equity Ratio of NHPC (NHPC.NS) as of Nov 5, 2026 is 0.93. In the previous year, Net Debt to Equity Ratio was 0.75 — a change of 24.14% (higher).

Net Debt/Equity

0.93

YoY

24.14%

Last updated:

Net Debt to Equity Ratio of NHPC is 2025 0.93 . Net Debt to Equity Ratio of NHPC was 2024 0.75 . It decreases by 24.14% higher compared to the previous year.

The NHPC Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2018
0.51 INR
Jan 1, 2019
0.55 INR
Jan 1, 2020
0.70 INR
Jan 1, 2021
0.64 INR
Jan 1, 2022
0.70 INR
Jan 1, 2023
0.70 INR
Jan 1, 2024
0.75 INR
Jan 1, 2025
0.93 INR
The NHPC Net Debt/Equity history
YEARNet Debt/EquityYoY
0.93+24.14%
0.75+7.09%
0.70+0.02%
0.70+8.81%
0.64-8.22%
0.70+27.14%
0.55+7.21%
0.51+3.08%
0.50+25.86%
0.40-9.67%
0.44-14.38%
0.51—

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NHPC Stock analysis

What does NHPC do? NHPC Ltd generates hydroelectric power through its power stations such as Salal, Dulhasti, Kishanganga, Nimoo Bazgo, Chutak, Baira Siul, Tanakpur, Dhauliganga, Rangit, Loktak, Indira Saga, Chamera - I, Uri - I, Chamera - II, and Omkareshwa. The company also provides project management, construction contracts, and consultancy services for hydropower projects, including survey, design, engineering, and operation. Its subsidiaries, Loktak Downstream Hydroelectric Corporation Limited, Bundelkhand Saur Urja Limited, Jalpower Corporation Limited, and Chenab Valley Power Projects Private Limited, support these activities. NHPC Ltd sells power generated from its projects to various buyers, including government entities and utilities, and manages eight hydro power projects totaling 6434 MW capacity. The company's primary revenue comes from electricity sales from its power stations and consultancy services for hydropower projects. It constructs and operates hydroelectric plants, with a focus on large-scale projects like the 6434 MW capacity projects. NHPC Ltd's subsidiaries handle specific regional or project-related activities, such as Loktak Downstream Hydroelectric Corporation Limited for Loktak power station operations. The main buyers of NHPC's power are government and utility companies, which purchase electricity for distribution to end-users. NHPC Ltd's business model relies on long-term power purchase agreements with government and utility entities for its hydroelectric output. The company's consultancy services, which include planning, design, and engineering, are sold to other developers or government bodies seeking to build or upgrade hydropower infrastructure. Its subsidiaries, like Jalpower Corporation Limited, likely support regional operations and project management, ensuring efficient delivery of power and services. The company's revenue streams are stable due to the long-term nature of these agreements and the consistent demand for renewable energy. NHPC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about NHPC stock

Net Debt to Equity Ratio of NHPC is 0.93 in 2025.

Net Debt to Equity Ratio of NHPC changed from 0.75 to 0.93, representing a 24.14% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio NHPC since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's NHPC with sector peers and the industry average to assess whether it is attractive.

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