ScoreWhy is NHPC Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.01%
- Poor long term growth as Net Sales has grown by an annual rate of 3.78% and Operating profit at -4.24% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.07 times
2
The company declared negative results in Dec'25 after flat results in Sep'25
- INTEREST(Latest six months) At Rs 587.94 cr has Grown at 136.40%
- ROCE(HY) Lowest at 6.50%
- DEBT-EQUITY RATIO(HY) Highest at 1.09 times
3
Stock is technically in a Mildly Bearish range
- The technical trend has deteriorated from Sideways on 07-May-26 and has generated -3.16% returns since then
- A key technical factor - Bollinger Band has been Bearish since 07 May 2026
4
With ROCE of 3.6, it has a Very Expensive valuation with a 1.4 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -8.11%, its profits have risen by 25.3% ; the PEG ratio of the company is 0.8
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Power)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is NHPC Ltd for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
NHPC Ltd
-6.1%
-0.32
25.15%
Sensex
-1.65%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.63%
EBIT Growth (5y)
-1.58%
EBIT to Interest (avg)
5.89
Debt to EBITDA (avg)
6.11
Net Debt to Equity (avg)
1.17
Sales to Capital Employed (avg)
0.14
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
63.81%
Pledged Shares
0
Institutional Holding
27.97%
ROCE (avg)
6.28%
ROE (avg)
9.33%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
23
Price to Book Value
1.86
EV to EBIT
34.50
EV to EBITDA
21.74
EV to Capital Employed
1.40
EV to Sales
10.30
PEG Ratio
0.83
Dividend Yield
2.53%
ROCE (Latest)
3.62%
ROE (Latest)
9.09%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
PAT(Latest six months)
At Rs 2,556.03 cr has Grown at 33.22%
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 3,651.04 cr
DEBTORS TURNOVER RATIO(HY)
Highest at 4.42 times
NET SALES(Q)
Highest at Rs 3,808.31 cr
PBDIT(Q)
Highest at Rs 2,352.19 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 61.76%
-14What is not working for the Company
INTEREST(Latest six months)
At Rs 1,180.04 cr has Grown at 100.71%
ROCE(HY)
Lowest at 4.62%
DEBT-EQUITY RATIO(HY)
Highest at 1.26 times
Loading Valuation Snapshot...
Here's what is working for NHPC Ltd
Profit After Tax (PAT) - Latest six months
At Rs 2,556.03 cr has Grown at 33.22%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 3,808.31 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 2,352.19 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 61.76%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Cash and Cash Equivalents - Half Yearly
Highest at Rs 3,651.04 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Highest at 4.42 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for NHPC Ltd
Interest - Latest six months
At Rs 1,180.04 cr has Grown at 100.71%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 1.26 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
