Power · NSE/BSE: NTPC
NTPC Limited
Power Generation
Market Cap ₹3.43L Cr
Verdict: High
Quality Scores
Multi-Bagger
72/100
Compounder Quality
84/100
Management Credibility
90/100
Governance
88/100
Cash Flow Quality
92/100
AI Summary
NTPC Limited is India's largest power utility, accounting for approximately 17% of the nation's total installed capacity and 22% of total generation. Over the last decade, the company has successfully transitioned from a purely coal-based thermal power producer to a diversified energy conglomerate with an aggressive pivot toward renewable energy via NTPC Green. The company maintains a dominant market position in a regulated sector where returns are largely protected by long-term Power Purchase Agreements (PPAs) and a cost-plus tariff model. Financial performance over the 10-year period…
Top Opportunities
- Consistent 30%+ Dividend Payout Ratio
- Robust Cash from Operations (CFO) growth
- Dominant 22% National Power Generation share
Top Risks
- Extremely high absolute Debt of 2.71 Lakh Cr
- Low ROCE (8-10%) due to heavy capital intensity
- High Receivables due to State DISCOM payment delays
Latest report: Read the annual report summary →
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