NHPC NHPC
India's largest hydropower PSU generator
Mapped in 1 theme: Energy Generation.
Where NHPC sits in the supply chain
NHPC appears in 1 supply-chain layer in one theme, Energy Generation.
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 9,631 | 10,380 | 11,615 |
| Net profit | 4,000 | 3,412 | 4,220 |
Latest-year revenue ₹11,615 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- India's largest dedicated hydropower generator with regulated, cost-plus-return tariffs and a growing pumped-storage project pipeline
Risks
- Monsoon-dependent generation variability year to year
- New large hydro sites are increasingly scarce and face longer environmental/land-acquisition timelines
Common questions
What does NHPC do?
India's largest hydropower PSU generator.
Where does NHPC sit in the supply chain?
NHPC (NSE: NHPC) is mapped in 1 supply-chain layer: Hydro & PSP Operators (Energy Generation).
Who are NHPC's peers?
In the Hydro & PSP Operators layer of Energy Generation: SJVN and Tata Power.
What is NHPC's market cap and valuation?
As of 30 Oct 2026: market cap ₹78,242 Cr, P/E 20.6x, ROCE 5.8%, ROE 9.3%, dividend yield 2.07%.