NTPC Green Energy Limited
NTPC Green Energy Limited operates in Power Generation, part of the Power sector. It booked ₹938 cr of revenue in its latest quarter (Q2 FY27) and kept 14.7% of sales as profit. It is the 5th largest of 9 Power Generation companies we track, by market value.
Healthier than 36% of companies in Power, on the 5 of 6 measures we could read for it. Each measure is ranked against the 22–23 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 37
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.
What if I invest in NTPCGREEN?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹938 cr |
| Other Income | ₹63 cr |
| Total Income | ₹1,001 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹23 cr |
| Finance Costs | ₹378 cr |
| Depreciation & Amortisation | ₹390 cr |
| Other Expenses | ₹85 cr |
| Total Expenses | ₹876 cr |
| Profit before Tax | ₹125 cr |
| Tax Expense | ₹28 cr |
| Share of JV / Associates | ₹41 cr |
| Net Profit | ₹138 cr |
| Net margin on total income | 13.7% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 913 cr | 1,107 cr | 938 cr |
| Total income | 942 cr | 1,122 cr | 1,001 cr |
| Expenses | 713 cr | 782 cr | 876 cr |
| Profit before tax | 229 cr | 339 cr | 125 cr |
| Tax | 50 cr | 63 cr | 28 cr |
| Net profit (owners' share) | 197 cr | 305 cr | 137 cr |
| Net margin (owners' share, on revenue) | 21.6% | 27.5% | 14.7% |
| EPS (₹) | 0.23 | 0.36 | 0.16 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| NTPC Limited | ₹322 | ₹3.12 L cr | 11.1 | 13.2% | 13.0% | — |
| Adani Green Energy Limited | ₹1,339 | ₹2.21 L cr | 83.7 | 12.5% | 15.8% | — |
| JSW Energy Limited | ₹503 | ₹92,127 cr | 21.8 | 11.5% | 16.6% | — |
| NHPC Limited | ₹79 | ₹79,758 cr | 18.2 | 10.6% | 28.8% | — |
| NTPC Green Energy Limitedthis company | ₹82 | ₹69,408 cr | 128.7 | 2.8% | 14.7% | — |
| NLC India Limited | ₹230 | ₹31,936 cr | 16.5 | 8.1% | 9.3% | — |
| Acme Solar Holdings Limited | ₹413 | ₹29,122 cr | 25.8 | 12.8% | 30.3% | — |
| SJVN Limited | ₹56 | ₹21,913 cr | 8.3 | 17.6% | 29.3% | — |
| NAVA LIMITED | ₹515 | ₹14,601 cr | 13.1 | 12.7% | 22.9% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet. CARE Ratings Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing