NHPC Ltd
NHPC is primarily engaged in the business of generation and sale of bulk power to various Power Utilities. Other business includes providing project management / construction contracts/ consultancy assignment services and trading of power.(Source : 202003-01 Annual Report Page No:141)
- Market Cap ₹ 26,017 Cr.
- Current Price ₹ 25.8
- High / Low ₹ 26.6 / 15.1
- Stock P/E 8.38
- Book Value ₹ 32.8
- Dividend Yield 5.80 %
- ROCE 8.61 %
- ROE 9.42 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.79 times its book value
- Company has been maintaining a healthy dividend payout of 55.35%
Cons
- The company has delivered a poor sales growth of 4.01% over past five years.
- Tax rate seems low
- Company has a low return on equity of 8.51% for last 3 years.
- Contingent liabilities of Rs.12084.52 Cr.
- Company might be capitalizing the interest cost
- Debtor days have increased from 105.95 to 139.19 days.
- Promoter holding has decreased over last 3 years: -3.01%
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
2,319 | 2,698 | 1,807 | 2,158 | 2,610 | 3,068 | 2,159 | 2,170 | 2,779 | 2,900 | 2,360 | |
893 | 968 | 1,081 | 1,041 | 981 | 1,124 | 1,562 | 1,459 | 1,179 | 1,065 | 1,312 | |
Operating Profit | 1,426 | 1,729 | 726 | 1,118 | 1,629 | 1,945 | 597 | 712 | 1,600 | 1,835 | 1,047 |
OPM % | 61% | 64% | 40% | 52% | 62% | 63% | 28% | 33% | 58% | 63% | 44% |
Other Income | 161 | 324 | 236 | 862 | 360 | 358 | 120 | 305 | -16 | 224 | 251 |
Interest | 221 | 228 | 223 | 223 | 237 | 252 | 156 | 152 | 147 | 146 | 142 |
Depreciation | 389 | 421 | 419 | 429 | 403 | 403 | 404 | 403 | 347 | 348 | 353 |
Profit before tax | 976 | 1,404 | 322 | 1,329 | 1,349 | 1,647 | 157 | 462 | 1,090 | 1,564 | 804 |
Tax % | 26% | 22% | 10% | 55% | 27% | 12% | -307% | 48% | 22% | 17% | -20% |
Net Profit | 852 | 1,031 | 232 | 542 | 931 | 1,286 | 510 | 147 | 772 | 1,188 | 869 |
EPS in Rs | 0.83 | 1.00 | 0.23 | 0.54 | 0.93 | 1.28 | 0.51 | 0.15 | 0.77 | 1.18 | 0.87 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,477 | 5,162 | 5,144 | 7,177 | 6,381 | 7,389 | 8,221 | 8,354 | 8,623 | 7,755 | 8,983 | 10,008 | 10,209 | |
1,226 | 1,342 | 1,567 | 2,116 | 2,242 | 3,041 | 3,106 | 3,573 | 3,741 | 3,508 | 4,002 | 4,802 | 5,015 | |
Operating Profit | 2,251 | 3,820 | 3,576 | 5,062 | 4,139 | 4,348 | 5,115 | 4,781 | 4,882 | 4,248 | 4,981 | 5,206 | 5,194 |
OPM % | 65% | 74% | 70% | 71% | 65% | 59% | 62% | 57% | 57% | 55% | 55% | 52% | 51% |
Other Income | 722 | 951 | 1,464 | 1,009 | 1,608 | 882 | 1,615 | 1,176 | 2,247 | 1,185 | 1,733 | 900 | 764 |
Interest | 779 | 747 | 616 | 569 | 611 | 1,203 | 1,296 | 1,160 | 1,133 | 924 | 896 | 877 | 586 |
Depreciation | 707 | 1,269 | 1,168 | 1,151 | 1,241 | 1,499 | 1,715 | 1,432 | 1,462 | 1,469 | 1,658 | 1,614 | 1,451 |
Profit before tax | 1,486 | 2,754 | 3,256 | 4,351 | 3,895 | 2,529 | 3,718 | 3,365 | 4,535 | 3,040 | 4,159 | 3,615 | 3,921 |
Tax % | 10% | 17% | 24% | 22% | 26% | 35% | 25% | 30% | 23% | 8% | 32% | 8% | |
Net Profit | 1,185 | 2,176 | 2,316 | 3,086 | 2,617 | 1,219 | 2,491 | 2,051 | 3,029 | 2,514 | 2,596 | 2,875 | 2,977 |
EPS in Rs | 1.77 | 1.88 | 2.51 | 2.13 | 1.10 | 2.25 | 1.85 | 2.95 | 2.45 | 2.58 | 2.86 | 2.97 | |
Dividend Payout % | 27% | 31% | 32% | 28% | 28% | 27% | 27% | 81% | 61% | 57% | 56% | 52% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 4% |
3 Years: | 5% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | -1% |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | 4% |
3 Years: | -1% |
1 Year: | 19% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11,182 | 12,301 | 12,301 | 12,301 | 12,301 | 11,071 | 11,071 | 11,071 | 10,259 | 10,259 | 10,045 | 10,045 | 10,045 | |
Reserves | 8,585 | 12,806 | 14,226 | 16,343 | 17,494 | 17,175 | 19,687 | 20,572 | 18,756 | 19,782 | 20,753 | 21,326 | 22,901 |
Borrowings | 16,355 | 16,352 | 16,772 | 19,562 | 20,340 | 20,819 | 20,584 | 19,938 | 19,227 | 18,602 | 19,066 | 23,226 | 21,588 |
5,689 | 8,142 | 10,904 | 12,108 | 12,226 | 12,362 | 10,094 | 11,242 | 11,946 | 14,290 | 16,870 | 16,756 | 19,537 | |
Total Liabilities | 41,813 | 49,601 | 54,202 | 60,314 | 62,361 | 61,427 | 61,436 | 62,823 | 60,187 | 62,933 | 66,734 | 71,353 | 74,072 |
24,929 | 22,302 | 22,731 | 22,183 | 23,537 | 29,587 | 27,916 | 22,610 | 22,227 | 21,201 | 24,977 | 24,402 | 23,745 | |
CWIP | 9,408 | 14,062 | 16,008 | 19,399 | 19,962 | 14,924 | 16,378 | 16,742 | 17,588 | 19,087 | 15,037 | 17,180 | 17,959 |
Investments | 1,790 | 3,346 | 1,833 | 1,656 | 1,447 | 1,273 | 1,020 | 606 | 1,020 | 1,125 | 1,283 | 1,398 | 1,615 |
5,685 | 9,892 | 13,630 | 17,076 | 17,415 | 15,643 | 16,123 | 22,866 | 19,352 | 21,520 | 25,437 | 28,373 | 30,752 | |
Total Assets | 41,813 | 49,601 | 54,202 | 60,314 | 62,361 | 61,427 | 61,436 | 62,823 | 60,187 | 62,933 | 66,734 | 71,353 | 74,072 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,376 | 3,613 | 3,757 | 3,378 | 2,846 | 3,824 | 4,061 | 5,971 | 8,329 | 4,696 | 3,824 | 3,252 | |
-3,001 | -4,226 | -1,272 | -2,312 | -1,330 | -1,122 | -768 | -746 | -1,864 | -886 | -1,182 | -3,246 | |
-114 | 4,196 | -1,922 | -22 | -1,344 | -4,536 | -2,494 | -4,000 | -7,812 | -3,863 | -2,637 | 12 | |
Net Cash Flow | 261 | 3,583 | 562 | 1,044 | 172 | -1,834 | 798 | 1,224 | -1,347 | -53 | 5 | 17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 7% | 9% | 9% | 11% | 9% | 9% | 10% | 9% | 11% | 8% | 10% | 9% |
Debtor Days | 80 | 108 | 40 | 114 | 128 | 120 | 129 | 83 | 78 | 63 | 115 | 139 |
Inventory Turnover | 0.27 | 0.36 | 0.45 | 8.32 | 7.81 | 7.64 | 7.53 | 7.24 | 7.14 | 6.55 | 6.73 | 6.98 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Feb
- Announcement under Regulation 30 (LODR)-Issue of Securities 12 Feb
- Fixes Record Date for Interim Dividend 12 Feb
- Results- Financial Results For Dec 31, 2020 (Standalone And Consolidated) 11 Feb
- Announcement Under Regulation 30 (LODR) Update (Taking Over Of Equity Share Of PTC In CVPPPL By NHPC Limited) 11 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse