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.
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.
Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.
Technical axis
100/100Fundamental axis
33/100Money flow
21/100Result pulse · Q4 FY26
93/100Technical 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)
12.5P/E vs sector
+0.5%Sector percentile
6PEG
0.36Scanner 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.
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.
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.
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:
- Renewable capacity commissioning pace against announced targets
- Plant load factor at thermal stations as a revenue signal
- State DISCOM payment timelines and outstanding receivables
- New project bids won in competitive renewable auctions
- Coal linkage security and imported coal cost
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.
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Read the POWERGRID verdict and levels
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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.
Result Pulse
93 / 100Revenue
Rs 49,688 crNet profit
Rs 10,615 crEPS (quarter)
Rs 10.81| Growth | YoY | QoQ |
|---|---|---|
| Revenue | -0.3% | +8.4% |
| Net profit | +34.4% | +89.7% |
| Net margin | +21.4% | |
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.
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.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 49,688 cr | Rs 10.81 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 45,846 cr | Rs 5.66 | n/a | 50/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 44,786 cr | Rs 5.23 | n/a | 44/100 | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 47,065 cr | Rs 6.20 | n/a | 50/100 | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 49,834 cr | Rs 7.85 | n/a | 58/100 | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 45,053 cr | Rs 5.22 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 44,696 cr | Rs 5.44 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 48,521 cr | Rs 5.65 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 47,622 cr | Rs 6.36 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 42,820 cr | Rs 5.32 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 44,983 cr | Rs 4.76 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 43,075 cr | Rs 5.03 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 44,253 cr | Rs 5.01 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 44,602 cr | Rs 4.93 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 44,175 cr | Rs 3.44 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 43,177 cr | Rs 4.06 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 37,085 cr | Rs 5.33 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 33,293 cr | Rs 4.64 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 32,404 cr | Rs 3.71 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 29,888 cr | Rs 3.52 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 30,103 cr | Rs 4.68 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 27,526 cr | Rs 3.81 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 27,708 cr | Rs 3.47 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 26,195 cr | Rs 2.92 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 30,201 cr | Rs 1.46 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 25,412 cr | Rs 3.21 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 24,460 cr | Rs 3.43 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 25,931 cr | Rs 2.87 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Standalone, audited | Rs 21,222 cr | Rs 4.40 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Standalone, audited | Rs 24,120 cr | Rs 2.89 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Standalone, audited | Rs 22,261 cr | Rs 2.94 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Standalone, audited | Rs 22,704 cr | Rs 3.14 | n/a | n/a | Filing |
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 crNet profit (TTM)
27,546 crEBIT (TTM)
38,070 crProfit before tax (TTM)
24,269 crNet margin (TTM)
14.7%Finance costs (TTM)
13,801 crBalance sheet, as filed 2026-03-31
Total assets
5,58,644 crShareholder equity
2,11,153 crTotal borrowings
2,67,258 crCash and equivalents
3,422 crInventory
18,663 crTrade receivables
36,616 crThe cash engine, latest filed year
Operating cash flow
50,902 crCapex
44,050 crFree cash flow
6,852 crInvesting flow
-37,578 crFinancing flow
-11,328 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 1,87,385 cr | 27,546 cr | 2,11,153 cr | 2,67,258 cr | 50,902 cr |
| FY25 | 1,88,138 cr | 23,953 cr | 1,91,123 cr | 2,47,575 cr | 50,436 cr |
| FY24 | 1,78,501 cr | 21,332 cr | 1,65,122 cr | 2,35,040 cr | 40,785 cr |
| FY23 | 1,76,207 cr | 17,121 cr | 1,50,954 cr | 2,19,805 cr | 40,052 cr |
| FY22 | 1,32,669 cr | 16,960 cr | 1,39,134 cr | 2,09,555 cr | 41,788 cr |
| FY21 | 1,11,531 cr | 14,969 cr | 1,29,262 cr | 1,97,237 cr | n/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
Show 9 older calls
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 / 100Appointment of Mr Som Nath Sachdeva as Non- Executive Independent Director of the company w.e.f. July 18, 2026
the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Declaration of COD of 11 MWac Floating Solar Plant on the Raw Water Reservoir of Khurja STPP of THDC India Limited
Investment approval for Lara Super Thermal Power Project, Stage-III (2x800 MW)
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.
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
Certificate under SEBI (Depositories and Participants) Regulations, 2018
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.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the NTPC chart. Not a substitute for a registered research note.
| Ticker | NTPC |
|---|---|
| Full name | NTPC Limited |
| Sector | Power |
| Index class | LARGE CAP |
| ISIN | INE733E01010 |
| Market-cap band | ~3.4 lakh cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | NTPC |
Reference chartLevels in show
The daily frame the desk reads on NTPC.
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.
Related stock views
The names BazaarBaazi reads alongside NTPC, each a living view refreshed every end-of-day run.