NTPC Green Energy Ltd
Incorporated in April 2022, NTPC Green Energy is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.[1]
- Market Cap ₹ 82,072 Cr.
- Current Price ₹ 97.4
- High / Low ₹ 155 / 84.6
- Stock P/E 238
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 7.60 %
- ROE 6.20 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 416 to 131 days.
Cons
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Part of Nifty 500 BSE Allcap BSE LargeCap BSE Utilities Nifty Midcap 150
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 170 | 1,963 | |
| 18 | 215 | |
| Operating Profit | 152 | 1,748 |
| OPM % | 90% | 89% |
| 1 | 77 | |
| Interest | 51 | 694 |
| Depreciation | 50 | 643 |
| Profit before tax | 53 | 488 |
| Tax % | -226% | 29% |
| 171 | 345 | |
| EPS in Rs | 0.36 | 0.60 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | 1057% |
| Compounded Profit Growth | |
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| TTM: | 101% |
| Stock Price CAGR | |
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| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 4,720 | 5,720 | 7,500 |
| Reserves | 168 | 513 | 689 |
| 6,137 | 13,857 | 18,044 | |
| 7,407 | 7,118 | 6,175 | |
| Total Liabilities | 18,431 | 27,207 | 32,408 |
| 14,758 | 17,573 | 19,076 | |
| CWIP | 1,749 | 7,138 | 9,031 |
| Investments | 0 | 0 | 17 |
| 1,924 | 2,495 | 4,285 | |
| Total Assets | 18,431 | 27,207 | 32,408 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 17 | 1,579 | |
| -10,304 | -9,207 | |
| 10,360 | 7,671 | |
| Net Cash Flow | 73 | 43 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 700 | 131 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 700 | 131 |
| Working Capital Days | -8,399 | -590 |
| ROCE % | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
18h - Three Independent Directors ceased; three new appointed at NTPC Green Energy effective 8 May 2025.
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Commercial Operation Of Third And Last Part Capacity Of 60 MW Out Of 150 MW Gujarat Solar PV Project Of NTPC Renewable Energy Limited.
2 May - Final 60 MW of 150 MW Gujarat Solar PV project operational from 16.04.2025.
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Commercial Operation Of Part Capacity Of 75 MW (Lot-4) (Cumulative 225 MW) Out Of Total 500 MW Plant Capacity Of IRCON Renewable Power Limited (IRPL).
1 May - 75 MW part capacity of 500 MW IRCON Renewable Power plant commissioned from 02.05.2025.
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Board Meeting Outcome for Outcomes Of Board Meeting
29 Apr - Board approved borrowing up to Rs.5,000 Cr via bonds/NCDs in FY 2025-26.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 Apr - NTPC Green and Honeywell UOP sign MoU for SAF production at Green Hydrogen Hub, Andhra Pradesh.
Business Profile[1] NTPC Green Energy Limited (NGEL) is a renewable energy subsidiary of NTPC Limited, a central public sector enterprise. As of September 30, 2024, NGEL is the largest renewable energy public sector enterprise in India (excluding hydro). Their business model centers on development, construction, and operation of renewable energy projects (solar and wind), supported by long-term Power Purchase Agreements (PPAs).