Live NHPC Share Price Chart

O 89

H 89

L 89

VOL 296896

NHPC Performance

Days Range

Low: ₹88.20
High: ₹92.90
Previous Close ₹89.10
Open ₹89.00
Volume 10,98,23,051
Day’s Range ₹88.20 - ₹92.90
52W Range ₹38.70 - ₹115.85
Market Cap ₹89,531 Cr

NHPC Fundamentals

ROCE (TTM) 6.93
P/E Ratio (TTM) 24.09
P/B Ratio 2.29
Industry P/E 22.07
Debt to Equity 0.77
ROE 9.98
EPS (TTM) 3.7
Dividend Yield 2.08
Book Value 38.89
Face Value 10

NHPC Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales2,028.772,757.262,931.262,055.5
Expenses1,434.651,546.291,468.721,630.81
Profit before tax672.91,354.891,540.28822.52
Operating Profit519.911,056.081,615.23536.68
Net Profit719.181,095.381,693.26628.44
EPS in Rs0.641.031.540.49

About NHPC

NHPC Limited, formerly known as the National Hydroelectric Power Corporation, is a public-sector hydropower company in India. It was incorporated in 1975 to plan, promote, and organise the efficient development of hydroelectric power. More recently, NHPC has expanded its operations to include other renewable energy sources, such as solar, geothermal, tidal, and wind power. NHPC is listed on the NSE and BSE after successfully concluding its IPO in 2009.

As of September 30, 2023, NHPC’s total installed capacity is 7,097.20 MW, including 1,546 MW from joint ventures. This includes 6,971.20 MW from 22 hydroelectric power plants, 76 MW from two solar power projects, and 50 MW from a wind power project. NHPC’s hydroelectric power generation capacity makes up about 14.88% of India’s total installed hydroelectric capacity of 46,850.18 MW.

NHPC and its subsidiaries are currently involved in the construction of 15 projects with a total installed capacity of 10,449 MW. These projects include three hydroelectric projects – Subansiri Lower HEP (2,000 MW), Dibang Multipurpose Project (2,880 MW) in Arunachal Pradesh, and Parbati-II HEP (800 MW) in Himachal Pradesh.

In addition, 13 projects with a total installed capacity of 4,847 MW are in the clearance stage, including four hydroelectric and three solar projects by NHPC on its own and six projects (two hydroelectric and four solar) in joint venture mode. Furthermore, four hydroelectric projects with a total installed capacity of 4,690 MW are in the survey and investigation stages being undertaken by NHPC.

During the financial year 2022-2023, NHPC power stations generated 24,907 MU (million units) of electricity.

Business Segments 

NHPC Limited currently operates through 3 business segments:

  1. Generation of electricity: This is NHPC’s primary business segment. NHPC owns and operates 22 hydroelectric power plants with a total installed capacity of 6,971.20 MW. The company also has a 50 MW wind power project and two solar power projects with a total capacity of 76 MW.
  2. Trading of power:NHPC trades electricity generated by its power plants and electricity purchased from other sources. The company trades electricity on the Indian Energy Exchange (IEX) and the Power Trading Corporation of India (PTC).
  3. Project Management, Construction Contracts, and Consultancy Assignments: NHPC provides consulting and project management services to other companies in the power sector. The company also has a construction arm that undertakes the construction of power projects.

Subsidiaries of NHPC Limited

  1. NHDC Limited: It was incorporated in August 2000. NHPC holds a 51.08% stake in NHDC. In comparison, the Government of Madhya Pradesh owns 26%, and Narmada Basin Projects Company Limited (a wholly-owned subsidiary of the Government of Madhya Pradesh) holds the remaining 22.92%. NHDC operates two power stations in Madhya Pradesh: the 1,000 MW Indira Sagar and the 520 MW Omkareshwar.
  2. Loktak Downstream Hydroelectric Corporation Ltd: LDHCL was incorporated in October 2009. NHPC holds a 74.82% stake, and the Government of Manipur holds the remaining 25.18%. LDHCL is executing the 66 MW Loktak Downstream Hydroelectric Project in Noney District, Manipur. All statutory clearances for the project have been obtained, and a Power Purchase Agreement (PPA) has been signed with the Government of Manipur.
  3. Lanco Teesta Hydro Power Limited: LTHPL was acquired by NHPC through the Corporate Insolvency Resolution Process (CIRP) in October 2019. It is a wholly-owned subsidiary of NHPC. LTHPL is carrying out construction of the 500 MW Teesta VI HE Project in Sikkim, which is currently underway.

Key Personnel 

Shri Rajeev Kumar Vishnoi, Chairman and Managing Director

Shri Rajeev Kumar Vishnoi is the Chairman and Managing Director (CMD) of NHPC Limited. Vishnoi has extensive experience in the power sector. He has held various leadership positions in NHPC since 1989, including Chief General Manager (Hydro Projects), Executive Director (Projects), Director (Projects), and Director (Technical). He was also the Chairman and Managing Director of THDC India Limited, a hydroelectric power development company, from 2011 to 2012. Before joining NHPC, Vishnoi worked in various capacities at the Power Grid Corporation of India Limited (PGCIL). He also served as the Chief Engineer of the National Hydro Power Training Institute (NHPTI).

Corporate Actions 

Buyback

  • NHPC Limited offered a buyback of 21,42,85,714 equity shares at a price of ₹28 per share, amounting to ₹599.99 crore, with a record date of November 30, 2018.
  • NHPC Limited offered another buyback of 81,13,47,977 equity shares at a price of ₹32.25 per share, amounting to ₹2616.59 crore, with a record date of February 20, 2017.

Management Outlook 

  1. NHPC has successfully completed the construction of challenging hydroelectric projects, showcasing its capability to execute projects in remote areas with various obstacles.
  2. The company has invested in a centralised real-time seismic data centre for online seismic monitoring of all power stations, emphasising its commitment to seismic safety.
  3. NHPC has the opportunity to tap into India’s untapped hydro potential, especially in the northeastern region, providing growth prospects for adding capacity in the coming years.
  4. The strength demonstrated by NHPC in completing hydroelectric projects, where other companies often fail, positions the company as a leader in the hydro sector.
  5. The Government of India’s ambitious target of achieving 50% power from non-fossil fuel sources by 2030 creates opportunities for NHPC to develop renewable energy and green hydrogen projects.
  6. With the need for grid balancing/stability due to extensive renewable energy development, NHPC is well-placed to contribute to hydropower projects, leveraging its fast ramping capabilities.
Parent Organisation Govt of India
Founded 1975
Managing Director RAJEEV KUMAR VISHNOI
NSE Symbol NHPC

Peer Comparison

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JSW Energy Ltd ₹85,046.18

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507.1 - 519.8
Adani Energy Solutions Ltd ₹118,705.15

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Adani Green Energy Ltd ₹307,634.95

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6.45 (0.33%)

1938 - 1970

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NHPC FAQs

What is the Share price of NHPC (NHPC)?

NHPC (NHPC) share price as of March 5, 2024, on NSE is Rs 92.70 (NSE) and Rs 92.39 (BSE) on BSE.

Can I buy NHPC (NHPC) shares?

Yes, You can buy NHPC (NHPC) shares by opening a Demat account with Angel One.

How do I buy NHPC (NHPC) from Angel One?

NHPC (NHPC) share can be brought through the following modes:
  1. Direct investment: You can buy NHPC (NHPC) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to NHPC (NHPC) shares.

Is NHPC a Debt free Company?

No, NHPC is not a debt free company.

What is the main business of NHPC?

The main business of NHPC is to serve as the flagship hydroelectric power generation company of India. It generates, sells, and trades bulk power to several power utilities and also provides construction contracts, project management, and consultancy assignment services.

Who are the promoters of NHPC?

The primary promoter of NHPC is the President of India with a 70.95% shareholding.

What are the Subsidiaries that comes under NHPC?

Some of the subsidiaries that come under NHPC are NHDC Limited, Loktak Downstream Hydroelectric Corporation Limited, Bundelkhand Saur Urja Limited, Chenab Valley Power Projects Private Limited, Lanco Teesto Hydro Power Limited, Ratle Hydroelectric Power Corporation Limited, and Jalpower Corporation Limited.