Valuation NHPC Limited

Stocks

Market Closed - NSE India S.E. Other stock markets 07:05:09 2026-06-19 EDT			5-day change	1st Jan Change
75.82 ^INR	-0.16%		+5.12%	-4.29%

06-16	NHPC Limited Signs Memorandum of Agreement For Implementation of Etalin HEP (3097 MW)	CI
06-03	Indian Government Exercises Greenshoe Option for NHPC OFS; Shares Up 4%	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	245,601	279,252	403,810	901,040	825,702	761,615	-	-
Change	-	13.7%	44.6%	123.13%	-8.36%	-7.76%	-	-
Enterprise Value (EV) ¹	442,726	520,469	672,112	1,189,743	1,192,534	1,225,349	1,408,258	1,521,237
Change	-	17.56%	29.14%	77.02%	0.23%	2.75%	14.82%	8.02%
P/E	7.55x	7.92x	10.4x	24.8x	30.2x	19.7x	18.2x	13.2x
PBR	0.74x	0.8x	1.09x	2.33x	2.08x	1.79x	1.74x	1.6x
PEG	-	0.95x	1x	-3.69x	-1.2x	0.5x	1x	0.4x
Capitalization / Revenue	2.55x	3.04x	3.81x	9.35x	7.95x	6.38x	4.08x	3.69x
EV / Revenue	4.59x	5.66x	6.34x	12.4x	11.5x	10.5x	7.54x	7.36x
EV / EBITDA	10.3x	10x	10.7x	26.1x	21.6x	23.4x	12.8x	12.4x
EV / EBIT	10.9x	13x	13.3x	34.5x	27.6x	37.6x	18.5x	15.6x
EV / FCF	14.3x	35.7x	-251x	-1,995x	-31.2x	-14.8x	-24.3x	-84.6x
FCF Yield	6.98%	2.8%	-0.4%	-0.05%	-3.21%	-6.75%	-4.11%	-1.18%
Dividend per Share ²	1.6	1.81	1.85	1.9	1.91	1.61	2.206	2.272
Rate of return	6.54%	6.51%	4.6%	2.12%	2.32%	2.18%	2.91%	3%
EPS ²	3.24	3.51	3.87	3.61	2.72	3.75	4.167	5.733
Distribution rate	49.4%	51.6%	47.8%	52.6%	70.2%	42.9%	52.9%	39.6%
Net sales ¹	96,479	91,888	106,074	96,322	103,799	116,153	186,787	206,553
EBITDA ¹	42,852	51,874	62,681	45,640	55,199	52,359	110,406	122,540
EBIT ¹	40,490	39,970	50,534	34,530	43,269	32,601	76,327	97,724
Net income ¹	32,570	35,236	38,900	36,244	30,067	37,657	48,957	59,538
Net Debt ¹	197,125	241,217	268,302	288,703	366,832	484,829	646,644	759,622
Reference price ²	24.45	27.80	40.20	89.70	82.20	75.82	75.82	75.82
Nbr of stocks (in thousands)	10,045,035	10,045,035	10,045,035	10,045,035	10,045,035	10,045,035	-	-
Announcement Date	6/10/21	5/25/22	5/29/23	5/17/24	5/20/25	5/15/26	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NHPC LIMITED	21.46x	9.48x	17.69x	2.35%	8.09B
CHINA YANGTZE POWER CO., LTD.	18.01x	10.42x	13.45x	3.96%	96.5B
AXIA ENERGIA SA	11.38x	4.19x	6.27x	8.07%	28.13B
BROOKFIELD RENEWABLE PARTNERS L.P.	-25.71x	8.47x	18.59x	4.45%	24.07B
GUANGXI GUIGUAN ELECTRIC POWERCO.,LTD.	22.44x	-	-	3.12%	10.73B
SICHUAN CHUANTOU ENERGY CO.LTD	14.19x	53.21x	15.34x	3.56%	10.32B
MERIDIAN ENERGY LIMITED	49.7x	3.91x	15.93x	3.87%	8.74B
CHINA SOUTHERN POWER GRID ENERGY STORAGE CO., LTD.	21.75x	-	-	1.4%	6.07B
GRUPO ARGOS S.A.	33.26x	0.79x	2.93x	3.99%	3.04B
Average	18.50x	12.93x	12.88x	3.86%	21.74B
Weighted average by Cap.	13.63x	11.12x	13.25x	4.39%