Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
NTPC Limited
UtilitiesBullish- Market cap
- ₹3,29,687 Cr
- P/E
- 10.4x
- ROE
- —
- Debt / equity
- 1.18
What the company does
NTPC Limited operates as an integrated power company in India and Mauritius. It operates through two segments: Generation and Others. The company generates power from fossil fuels, hydro, solar, wind, nuclear, and renewable energy sources. It also engages in the coal mining and energy trading business. NTPC Limited was incorporated in 1975 and is based in New Delhi, India.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)10.4xStrong
You are paying 10.4 years of current profit for each share. The earnings yield is 9.6%.
- P/B (price to book)1.6xStrong
The market values the company at 1.6× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA7.5xStrong
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
- Dividend yield3.63%Strong
Pays 3.63% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity—No data
Not available.
- Return on assets—No data
Not available.
- Operating margin18.4%Strong
Keeps ₹18.4 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin14.5%Strong
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity1.18Fair
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio—No data
Not available.
- Total debt₹1,23,456 CrNo data
Against cash of ₹12811.63 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow—No data
Not available.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)+8.0%Fair
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)-1.6%Weak
Profits are growing slower than sales, meaning margins are compressing. The company may be buying its growth.
- Revenue (TTM)₹1,91,061 CrNo data
EBITDA of ₹58956.00 Cr and operating cash flow of —.
- PEG ratio—No data
Not available.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹1,65,494 Cr | ₹1,88,138 Cr | ₹1,78,501 Cr | ₹1,76,207 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating income | — | — | — | — |
| Interest expense | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Net profit | ₹27052.52 Cr | ₹23422.46 Cr | ₹20811.89 Cr | ₹16912.55 Cr |