BazaarBaazi

Stock · NTPC · Power

NTPC share price target 2026

Support, resistance, the F&O structure and the BazaarBaazi Crack Score for NTPC Limited, refreshed every end-of-day run. A systematic, data-only read on NTPC Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

The verdict

BazaarBaazi reads NTPC as cautious with a Crack Score of 48/100 as of 21 Jul 2026.
Crack Score
48/ 100
Range / mixed

BazaarBaaziSource & method

The scanner's readScanned · scanned 21 Jul 2026

Where NTPC stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.

Scanned73 /100 setup score

Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.

Technical axis

100/100

Fundamental axis

33/100

Money flow

21/100

Result pulse · Q4 FY26

93/100

Technical evidence

money-flow score 21.3/100 (weak)

Chaikin money flow -0.149 (distribution)

up/down volume 0.79x (sellers dominant)

net -4 accumulation days (25d)

RS slope -13.4% (3m)

RS line well below its high

relative strength falling vs NIFTY

below 50DMA

Red flags

below 200DMA (not a long-side trend)

profit growth strong (+34.42% YoY)

strong filed result (score 93.0)

under distribution (volume tape shows selling)

Relative valuation

P/E (TTM)

12.5

P/E vs sector

+0.5%

Sector percentile

6

PEG

0.36

Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.

Open the full 500-name Setup Scan.

Price target: support and resistanceComputed 21 Jul 2026

Support and resistance for NTPC are read inside the latest show; no spot was printed in the most recent editorial note.

Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.

These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the NTPC chart, refreshed every end-of-day run.

The Crack Score, and how it is built48 / 100 · Range / mixed

The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for NTPC, so the figure is a transparent signal rather than a vibe.

Editorial stanceLatest signed stance is bearish.-16
History consistency3 of the last 6 published verdicts held the same stance.0
Structure qualityNo clean spot was printed in the latest note; levels are read inside the show.0
FreshnessThe desk reviewed today.+8
Conviction horizonThe latest read is framed on a swing horizon.+6

Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.

About NTPC LimitedBusiness profile

What NTPC actually does, and the edge that holds its position.

NTPC is the rare way to own a regulated cash cow that is quietly trying to reinvent itself as a green-power growth story at the same time: it is India's largest power generator by installed capacity, running coal, gas and hydro plants nationwide. It sells that electricity to state distribution companies on long-term power purchase agreements at regulated tariffs set by the Central Electricity Regulatory Commission, which is what makes the base earnings so predictable. The reinvention is its subsidiary NTPC Renewable Energy, chasing a large solar and wind build-out that is meant to carry the next leg of growth.

NTPC's regulated-return model provides visibility: tariffs are set to recover costs plus a regulated return on equity, insulating earnings from fuel-cost swings. Its scale of legacy thermal capacity and the long-term PPA structure make displacement by new entrants slow and capital-intensive.

The F&O viewHorizon · swing

How the futures and options structure on NTPC reads right now.

Editorial directionBearish
Horizonswing

The editorial price read on NTPC is bearish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on NTPC can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.

Why it movedLatest editorial line

The most recent BazaarBaazi read on what is driving NTPC.

Systematic read: a disclosed, data-only model on real 1-year price structure.

Read in Systematic Read on 21 Jul 2026. Why NTPC moved, the living explainer, tracks every move on one URL.

The 2026 to 2030 pictureStructural read

What genuinely drives NTPC over a multi-year horizon. A structural read, not a price forecast.

Over 2026 to 2030 NTPC's earnings base is stable from existing thermal PPAs, but growth depends on how fast it can commission renewable capacity and whether new thermal plants win bids in a market increasingly sceptical of long-life coal assets. The energy-transition pivot to solar and wind is both an opportunity and a capital-allocation test. The principal risk is cost overruns in renewable construction combined with continued distribution company payment delays. WHAT BAZAARBAAZI THINKS: The regulated thermal base pays you to wait while the green pivot decides whether this re-rates; the floor is genuinely solid, and the risk the Crack Score cannot fully price is the same one buried under every Indian generator, namely chronically stressed state discoms that can turn reported earnings into receivables that take quarters to actually collect.

What to watch:

Peers and how to compare4 listed names

The listed names NTPC is most often read against. Compare them on the same Crack Score and levels.

Power Grid Corporation · POWERGRID

Read the POWERGRID verdict and levels

Coal India (fuel supplier) · COALINDIA

Read the COALINDIA verdict and levels

Adani Power (private thermal)

Listed peer in the same space

Tata Power (diversified utility)

Listed peer in the same space

Live valuation readQ4 FY18 earnings · live spot

P/E, P/B, yield and the quality set for NTPC Limited, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.

P / E

11.4x

Earnings yield

8.74%

P / B

1.66x

P / S

1.80x

EV / EBITDA

8.1x

Dividend yield

3.26%

Market cap

Rs 3.38 lakh cr

Enterprise value

Rs 4.49 lakh cr

Stored from NTPC Limited's filed results, as of 2026-07-21 and currency-checked. Price input Rs 348.55 from baked EOD spot. Open the calculator, move the price and watch every ratio react.

Latest filed resultsQ4 FY26

NTPC Limited's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.

Q4 FY26 · ended 31 Mar 2026Consolidated, audited · filed with NSE on 23 May 2026

Result Pulse

93 / 100

Revenue

Rs 49,688 cr

Net profit

Rs 10,615 cr

EPS (quarter)

Rs 10.81
GrowthYoYQoQ
Revenue-0.3%+8.4%
Net profit+34.4%+89.7%
Net margin+21.4%
What BazaarBaazi readsProfit acceleration
SourceOfficial NSE filing (XBRL)

Figures are the Q4 FY26 result for NTPC Limited, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.

See every Q4 result the desk has read.

Earnings history, every filed quarter32 quarters on record

NTPC Limited's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.

NTPC official result trail

32 quarters

Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.

QuarterRevenueEPSPAT YoYPulseSource
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 49,688 crRs 10.81n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 45,846 crRs 5.66n/a50/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 44,786 crRs 5.23n/a44/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 47,065 crRs 6.20n/a50/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 49,834 crRs 7.85n/a58/100Filing
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 45,053 crRs 5.22n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 44,696 crRs 5.44n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 48,521 crRs 5.65n/an/aFiling
Q4 FY24ended 31 Mar 2024 / Consolidated, auditedRs 47,622 crRs 6.36n/an/aFiling
Q3 FY24ended 31 Dec 2023 / Consolidated, auditedRs 42,820 crRs 5.32n/an/aFiling
Q2 FY24ended 30 Sep 2023 / Consolidated, auditedRs 44,983 crRs 4.76n/an/aFiling
Q1 FY24ended 30 Jun 2023 / Consolidated, auditedRs 43,075 crRs 5.03n/an/aFiling
Q4 FY23ended 31 Mar 2023 / Consolidated, auditedRs 44,253 crRs 5.01n/an/aFiling
Q3 FY23ended 31 Dec 2022 / Consolidated, auditedRs 44,602 crRs 4.93n/an/aFiling
Q2 FY23ended 30 Sep 2022 / Consolidated, auditedRs 44,175 crRs 3.44n/an/aFiling
Q1 FY23ended 30 Jun 2022 / Consolidated, auditedRs 43,177 crRs 4.06n/an/aFiling
Q4 FY22ended 31 Mar 2022 / Consolidated, auditedRs 37,085 crRs 5.33n/an/aFiling
Q3 FY22ended 31 Dec 2021 / Consolidated, auditedRs 33,293 crRs 4.64n/an/aFiling
Q2 FY22ended 30 Sep 2021 / Consolidated, auditedRs 32,404 crRs 3.71n/an/aFiling
Q1 FY22ended 30 Jun 2021 / Consolidated, auditedRs 29,888 crRs 3.52n/an/aFiling
Q4 FY21ended 31 Mar 2021 / Consolidated, auditedRs 30,103 crRs 4.68n/an/aFiling
Q3 FY21ended 31 Dec 2020 / Consolidated, auditedRs 27,526 crRs 3.81n/an/aFiling
Q2 FY21ended 30 Sep 2020 / Consolidated, auditedRs 27,708 crRs 3.47n/an/aFiling
Q1 FY21ended 30 Jun 2020 / Consolidated, auditedRs 26,195 crRs 2.92n/an/aFiling
Q4 FY20ended 31 Mar 2020 / Consolidated, auditedRs 30,201 crRs 1.46n/an/aFiling
Q3 FY20ended 31 Dec 2019 / Consolidated, auditedRs 25,412 crRs 3.21n/an/aFiling
Q2 FY20ended 30 Sep 2019 / Consolidated, auditedRs 24,460 crRs 3.43n/an/aFiling
Q1 FY20ended 30 Jun 2019 / Consolidated, auditedRs 25,931 crRs 2.87n/an/aFiling
Q4 FY19ended 31 Mar 2019 / Standalone, auditedRs 21,222 crRs 4.40n/an/aFiling
Q3 FY19ended 31 Dec 2018 / Standalone, auditedRs 24,120 crRs 2.89n/an/aFiling
Q2 FY19ended 30 Sep 2018 / Standalone, auditedRs 22,261 crRs 2.94n/an/aFiling
Q1 FY19ended 30 Jun 2018 / Standalone, auditedRs 22,704 crRs 3.14n/an/aFiling

Open the covered-name earnings calendar.

The official financialsFiled to 31 Mar 2026

NTPC Limited's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.

Trailing twelve months, on filed quarters

Revenue (TTM)

1,87,385 cr

Net profit (TTM)

27,546 cr

EBIT (TTM)

38,070 cr

Profit before tax (TTM)

24,269 cr

Net margin (TTM)

14.7%

Finance costs (TTM)

13,801 cr

Balance sheet, as filed 2026-03-31

Total assets

5,58,644 cr

Shareholder equity

2,11,153 cr

Total borrowings

2,67,258 cr

Cash and equivalents

3,422 cr

Inventory

18,663 cr

Trade receivables

36,616 cr

The cash engine, latest filed year

Operating cash flow

50,902 cr

Capex

44,050 cr

Free cash flow

6,852 cr

Investing flow

-37,578 cr

Financing flow

-11,328 cr

Annual trail, filed year over filed year

YearRevenueNet profitEquityBorrowingsCFO
FY261,87,385 cr27,546 cr2,11,153 cr2,67,258 cr50,902 cr
FY251,88,138 cr23,953 cr1,91,123 cr2,47,575 cr50,436 cr
FY241,78,501 cr21,332 cr1,65,122 cr2,35,040 cr40,785 cr
FY231,76,207 cr17,121 cr1,50,954 cr2,19,805 cr40,052 cr
FY221,32,669 cr16,960 cr1,39,134 cr2,09,555 cr41,788 cr
FY211,11,531 cr14,969 cr1,29,262 cr1,97,237 crn/a

Every figure is parsed from NTPC Limited's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.

Management on record17 earnings calls

Every NTPC earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.

NTPC Limited earnings calls on record

17 calls since 31 Aug 2022

31 May 2026Quarter ended Q4FY26Transcript PDF
28 Feb 2026Earnings callTranscript PDF
30 Nov 2025Earnings callTranscript PDF
31 Aug 2025Quarter ended Q1FY26Transcript PDF
31 May 2025Quarter ended Q4FY25Transcript PDF
31 Jan 2025Quarter ended Q3FY25Transcript PDF
30 Nov 2024Earnings callTranscript PDF
31 Aug 2024Quarter ended Q1FY25Transcript PDF
Show 9 older calls
31 Jul 2024Quarter ended Q1FY25Transcript PDF
31 May 2024Quarter ended Q4FY24Transcript PDF
29 Feb 2024Earnings callTranscript PDF
30 Nov 2023Earnings callTranscript PDF
31 Aug 2023Quarter ended Q1FY24Transcript PDF
31 May 2023Quarter ended Q4FY23Transcript PDF
31 Jan 2023Quarter ended Q3FY23Transcript PDF
30 Nov 2022Earnings callTranscript PDF
31 Aug 2022Quarter ended Q1FY23Transcript PDF

Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.

What changed69 disclosures

Every recent official filing from NTPC Limited, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.

NTPC Limited has filed 69 official disclosures recently. The most recent is a Management change dated 18 Jul 2026.

Event Heat

40 / 100
18 Jul 2026
Management changeRoutine

Appointment of Mr Som Nath Sachdeva as Non- Executive Independent Director of the company w.e.f. July 18, 2026

Filing
17 Jul 2026
Insider tradeWatch

the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Filing
17 Jul 2026
Press releaseWatch

Declaration of COD of 11 MWac Floating Solar Plant on the Raw Water Reservoir of Khurja STPP of THDC India Limited

Filing
17 Jul 2026
Press releaseWatch

Nomination of independent Director

Filing
11 Jul 2026
Press releaseWatch

Investment approval for Lara Super Thermal Power Project, Stage-III (2x800 MW)

Filing
09 Jul 2026
M&AWatch

NTPC Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Filing
08 Jul 2026
Press releaseWatch

Declaration of COD of first part capacity of 50.4 MW of Vanki Wind Energy Project located in Nakhatrana, Kutch, Gujarat of NTPC Renewable Energy Limited

Filing
07 Jul 2026
RegulatoryWatch

Certificate under SEBI (Depositories and Participants) Regulations, 2018

Filing
Event Heat40 / 100 · Tilting down

Event Heat is a dated net read of NTPC Limited's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the NTPC chart. Not a substitute for a registered research note.

TickerNTPC
Full nameNTPC Limited
SectorPower
Index classLARGE CAP
ISININE733E01010
Market-cap band~3.4 lakh cr (indicative)
Last referenced levelInside latest show
Last session moveNot referenced this cycle
Editorial line inSystematic Read on 21 Jul 2026
Aliases trackedNTPC

Reference chartLevels in show

The daily frame the desk reads on NTPC.

Chart frame not yet rendered for NTPC. The desk references levels inline inside each show.
Structural levels are read inside the latest show.

FAQ17 reader questions · AEO-eligible

The line on NTPC, distilled and schema-marked for AI Overview, Perplexity, and reader search.

What is the NTPC share price target for 2026?

BazaarBaazi does not publish a SEBI-registered price target on NTPC. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.

What is BazaarBaazi's Crack Score for NTPC?

The BazaarBaazi Crack Score for NTPC is 48 out of 100 as of 21 Jul 2026, a range / mixed reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.

What is the F&O view on NTPC?

Strike-level option inventory for NTPC is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.

What sector is NTPC in and which peers does BazaarBaazi track?

NTPC sits in Power (large cap), indicative market cap ~3.4 lakh cr (indicative), ISIN INE733E01010. The peers BazaarBaazi reads alongside it are ACME Solar Holdings Limited, Reliance Power Limited, ADANI ENERGY SOLUTIONS LIMITED. A systematic, data-only read on NTPC Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

How often is the NTPC view updated?

This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on NTPC is bearish, published in Systematic Read on 21 Jul 2026.

Is NTPC a good long-term stock?

What drives this name is the regulated return on a steadily growing asset base, with renewable commissioning as the re-rating kicker, and the risk the Crack Score cannot fully capture is discom payment health, because a generator only compounds if the buyer actually pays on time. The Crack Score on this page gives the current read.

What is the NTPC share price target for 2030?

The 2030 outcome rides on how much of NTPC's capacity is green by then and whether discoms are paying cleanly, so a single price number tells you less than those two trends do. BazaarBaazi frames the case by tracking renewable commissioning pace, DISCOM payment health and regulated equity returns; the Crack Score reflects where the risk-reward stands today.

Why is NTPC share price falling?

The usual culprits are discom payment stress flaring up, a broad PSU de-rating, or the market losing patience with the pace of renewable additions. A drop in plant load factor at thermal stations can also signal a weaker near-term earnings picture.

Is NTPC a qualifying setup on the BazaarBaazi scanner right now?

On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, NTPC Limited sits in the Scanned tier with a setup score of 73/100 (technical 100, fundamental 33). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.

Where can I read NTPC Limited's earnings call transcripts?

BazaarBaazi indexes 17 NTPC earnings calls going back to 2022-08-31, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.

What was NTPC Limited's Q4 FY26 net profit?

NTPC Limited reported a net profit of Rs 10,615 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +34.4% year on year. The figure is from the company's official NSE filing.

What was NTPC Limited's Q4 FY26 revenue?

NTPC Limited reported revenue of Rs 49,688 cr for Q4 FY26. That is -0.3% year on year. The figure is from the company's official NSE filing.

How does BazaarBaazi rate NTPC Limited's Q4 FY26 result?

BazaarBaazi gives NTPC Limited's Q4 FY26 result a Result Pulse of 93 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.

What has NTPC Ltd announced recently?

NTPC Ltd's two most material recent disclosures are a management change dated 18 Jul 2026, "Appointment of Mr Som Nath Sachdeva as Non- Executive…", and an insider trade dated 17 Jul 2026, "the Trading Window closure pursuant to SEBI (Prohibition…". Both link to the company's own official filing on the BazaarBaazi stock page.

Has NTPC Ltd declared a dividend recently?

Yes. NTPC Ltd filed a dividend disclosure on 23 May 2026, filed as "Board of Directors at its meeting held on May 23, 2026, recommended…". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.

What did NTPC Ltd's latest board meeting cover?

NTPC Ltd's most recent board-meeting disclosure on record dated 23 May 2026 reads "Board Meeting to be held on 23-May-2026 to consider and approve the…". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.

Has NTPC Ltd's credit rating been updated recently?

NTPC Ltd filed a credit-rating disclosure on 10 Apr 2026, recorded with the exchange as "ESG rating by CARE ESG Ratings Limited". The detail sits in the linked filing on the BazaarBaazi stock page. A rating action is an agency view on debt, separate from the share price.

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