India's largest integrated power utility, generating from coal, gas, hydro, solar and wind
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9.9k | 9.7k | 9.7k | 9.7k | 9.7k | 9.7k | 9.7k | 9.7k |
| Reserves | 103.7k | 109.3k | 119.0k | 129.2k | 140.2k | 151.9k | 158.2k | 165.2k |
| Borrowings | 168.7k | 176.5k | 185.6k | 187.3k | 186.2k | 186.2k | 187.1k | 191.1k |
| Other Liabilities | 45.6k | 47.9k | 57.1k | 57.7k | 57.4k | 60.3k | 62.2k | 48.1k |
| Total Liabilities | 327.8k | 343.4k | 371.4k | 383.9k | 393.5k | 408.2k | 417.2k | 414.1k |
| AssetsFixed Assets | 156.8k | 164.4k | 195.6k | 197.4k | 212.6k | 212.2k | 221.9k | 217.3k |
| CWIP | 73.4k | 75.4k | 73.6k | 61.8k | 47.2k | 52.3k | 45.7k | 48.3k |
| Investments | 26.4k | 28.6k | 23.2k | 29.8k | 33.2k | 35.1k | 36.2k | 38.7k |
| Other Assets | 71.3k | 74.9k | 78.9k | 95.0k | 100.6k | 108.5k | 113.3k | 109.7k |
| Total Assets | 327.8k | 343.4k | 371.4k | 383.9k | 393.5k | 408.2k | 417.2k | 414.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 16.2k | 21.6k | 27.1k | 37.9k | 42.4k | 34.8k | 41.3k | 41.0k |
| Cash from Investing | -20.9k | -27.2k | -17.3k | -18.1k | -14.1k | -15.0k | -20.5k | -20.1k |
| Cash from Financing | 4.7k | 5.7k | -9.6k | -19.9k | -28.4k | -19.5k | -21.0k | -20.2k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -1.5k | 7.1k | 8.8k | 18.7k | 25.1k | 17.4k | 20.6k | 18.3k |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
NTPC · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.