National Thermal Power Corporation LTD. (NTPC) is India’s largest power company, started in 1975. It produces electricity using coal, gas, water (hydro), solar, and wind energy. NTPC supplies power to homes, schools, hospitals, and factories across India. The company has over 70 power plants in different states. It is owned by the Indian government and helps the country grow with reliable electricity. NTPC is also focusing on clean energy like solar and wind power to reduce pollution. It has a total power capacity of over 73,000 MW. NTPC also cares about nature by planting trees, saving water, and reducing pollution.
NTPC Share Price Target (2025-2030)
| Year | Expected Price Range (₹) |
|---|---|
| 2025 | ₹370.25 – ₹450.80 |
| 2026 | ₹500.65 – ₹580.45 |
| 2027 | ₹600.90 – ₹710.30 |
| 2028 | ₹720.15 – ₹800.75 |
| 2029 | ₹850.50 – ₹930.95 |
| 2030 | ₹950.20 – ₹1150.85 |
NTPC Share Price Target (2025-2030) – Growth & Projections
NTPC, India’s biggest power company, has a strong financial position, an increasing focus on renewable energy, and consistent profits, making it a good stock for investment. Below is the year-wise NTPC share price target based on market trends and future growth potential.
NTPC Share Price Target 2025 – ₹370.25 to ₹450.80
- NTPC is expected to benefit from stable revenue and government support.
- Expansion in clean energy projects may drive investor confidence.
NTPC Share Price Target 2026 – ₹500.65 to ₹580.45
- Growth in solar and wind energy investments will strengthen its market position.
- Increasing profit margins and dividend payouts may attract more investors.
NTPC Share Price Target 2027 – ₹600.90 to ₹710.30
- Higher power demand and capacity expansion will drive earnings.
- NTPC’s focus on carbon reduction goals can boost long-term sustainability.
NTPC Share Price Target 2028 – ₹720.15 to ₹800.75
- Rising power consumption in India will positively impact revenue.
- NTPC’s foreign investments and partnerships may push share prices upward.
NTPC Share Price Target 2029 – ₹850.50 to ₹930.95
- Hydropower and nuclear projects might contribute to revenue diversification.
- A strong balance sheet and reduced debt could improve valuation.
NTPC Share Price Target 2030 – ₹950.20 to ₹1150.85
- NTPC’s leadership in India’s energy sector will drive long-term value.
- Increased foreign institutional investments (FII) may push share prices higher.
NTPC Fundamental Data
| Metric | Value |
|---|---|
| Market Cap | ₹3,16,693 Cr |
| P/E Ratio (TTM) | 14.41 |
| P/B Ratio | 1.88 |
| Industry P/E | 20.03 |
| Debt to Equity | 1.44 |
| ROE (Return on Equity) | 13.12% |
| EPS (TTM) | 22.67 |
| Dividend Yield | 2.37% |
| Book Value | 173.54 |
| Face Value | 10 |
NTPC Income Statement (Dec 2024) – ₹ in Crores
| Particulars | Dec ‘2024 |
|---|---|
| Revenue | ₹42,303 Cr |
| Expenses | ₹35,317 Cr |
| EBITDA | ₹12,911 Cr |
| EBIT | ₹9,189 Cr |
| Profit Before Tax | ₹6,626 Cr |
| Net Profit | ₹4,711 Cr |
Financial Ratios (Dec 2024)
| Metric | Value |
|---|---|
| Operating Profit Margin | 30.35% |
| Net Profit Margin | 11.39% |
| Earnings Per Share (EPS) | 4.86 |
| Dividends Per Share | 2.50 |
Read More: Reliance Power Share Price Target
NTPC Balance Sheet (2024)
| Particulars | 2024 |
|---|---|
| Total Assets | ₹4,80,197 Cr |
| Current Assets | ₹83,036 Cr |
| Non-Current Assets | ₹3,97,161 Cr |
| Total Liabilities | ₹3,15,074 Cr |
| Current Liabilities | ₹98,404 Cr |
| Non-Current Liabilities | ₹2,16,670 Cr |
| Total Equity | ₹1,65,122 Cr |
| Common Stock | ₹9,697 Cr |
| Other Equity Total | ₹1,51,013 Cr |
| Total Common Shares Outstanding | 969.67 Cr |
| Debt to Equity Ratio | 1.49 |
| Book Value | ₹165.74 |
NTPC Shareholding Pattern (Dec 2024)
| Category | Holding (%) |
|---|---|
| Promoters | 51.10% |
| Foreign Institutions | 18.20% |
| Mutual Funds | 17.62% |
| Other Domestic Institutions | 9.14% |
| Retail & Others | 3.94% |
Conclusion
NTPC is well-positioned for long-term growth, backed by government support, clean energy expansion, and increasing power demand. The company’s strong fundamentals, profitability, and sustainability initiatives make it a good stock for long-term investors
FAQ
What is NTPC’s future growth potential?
NTPC is expanding in solar, wind, hydro, and nuclear energy, ensuring steady growth with government support.
Does NTPC pay dividends?
Yes, NTPC regularly pays dividends, making it a good choice for long-term investors.
What are NTPC’s major upcoming projects?
NTPC is investing in renewable energy, green hydrogen, battery storage, and international power projects.
How does NTPC earn revenue?
It sells electricity to state DISCOMs, earns from renewable energy projects, and provides consultancy services.
Is NTPC expanding internationally?
Yes, NTPC is working on global power projects in Bangladesh, Sri Lanka, and Africa.
