NHPC is a publicly-traded company on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). It is one of the leading players in the hydroelectric energy sector in India. The company was established in 1975 and is a state-owned company under the category-I status.
Initially, NHPC was mainly focused on the generation of hydroelectric power. However, over the years, the company has diversified its energy sources to include solar energy, geothermal energy, tidal energy, and wind energy across the country. The diversification of its energy sources is in line with the overall industry trend towards renewable and sustainable sources of energy.
In the recent quarter, NHPC's share price witnessed a sharp decline of more than 18% as the company's consolidated net profit decreased by 26.77% in Q3 FY24. The company's revenue decreased by 20.42% compared to the same quarter last year. The company's total revenue for Q3 FY24 was Rs 2,055,50 crores.
In the October-December quarter, NHPC reported a loss of Rs 628 crore due to higher expenditure. This financial loss raises important questions for investors. Knowing the reasons behind the decrease, such as higher expenses, will help investors make informed decisions about their investment.
While NHPC continues to face challenges in its business performance, investors need to understand how the company plans to overcome these setbacks and how it plans to grow in the diversified renewable energy sectors. Keeping an eye on how NHPC reacts to market trends and how it adapts to changing conditions is crucial for investors.
The purpose of this article is to help investors understand the share price target of NHPC over the next few years, so that they can make an informed decision about the company’s current position and future prospects.
Month (2024)Maximum TargetMinimumTarget
JanuaryRs 95Rs 90
FebruaryRs 96Rs 88
MarchRs 93Rs 86
AprilRs 96Rs 92
MayRs 99Rs 95
JuneRs 106Rs 99
JulyRs 108Rs 102
AugustRs 110Rs 98
SeptemberRs 109Rs 100
OctoberRs 112Rs 104
NovemberRs 114Rs 102
DecemberRs 115Rs 104
(Expert Advice is recommended before making any investment-related commitment)
Month (2025)Maximum TargetMinimumTarget
JanuaryRs 112Rs 102
FebruaryRs 115Rs 103
MarchRs 116Rs 105
AprilRs 118Rs 106
MayRs 112Rs 103
JuneRs 119Rs 107
JulyRs 123Rs 109
AugustRs 122Rs 111
SeptemberRs 125Rs 109
jOctoberRs 125Rs 108
NovemberRs 123Rs 110
DecemberRs 126Rs 112
(Expert Advice is recommended before making any investment-related commitment)
Year Maximum TargetMinimum Target
2026Rs 142Rs 119
2027Rs 171Rs 133
2028Rs 190Rs 140
2029Rs 212Rs 170
2030Rs 249Rs 191
(Expert Advice is recommended before making any investment-related commitment)
NHPC Financials 2023 | NHPC share price target 2023
)Revenue106.07 Billion INR⬆ 16.00% YOY
Operating expense40.10 Billion INR⬆ 3.65% YOY
Net Income38.90 Million INR⬆ 10.40% YOY
Net Profit Margin36.67 ⬇ -4.83% YOY
Earnings Per Share3.87⬆ 10.26%
EBITDA64.02 Billion INR⬆ 23.13%
Effective Tax Rate18.73%
- Total Assets131.80 Trillion INR⬆ 0.31% YOY
- Total Liabilities138.94 Trillion INR⬇ -0.76% YOY
- Total Equity-7.14 Billion INR
Return on assets-2.04% Return on Capital9.10% P/E Ratio22.27 Dividend Yield2.14%
NHPC LTD Shareholding Pattern
- Promoters: 70.95%
- FII: 7.38%
- DII: 4.62%
- Mutual Funds: 8.17%
- Retail & Others: 8.88%
NHPC Ltd (NSE:NHPC) is a State-owned enterprise (SOE) with market capitalization (INR 86,186,000,000). It competes with the leading players in the power sector (NTPC, market cap: INR 311,796,30 crores), Power Grid Corporation (market Cap: INR 251,348,54 crores), Tata Power (market cap: INR 116,645,87 crores), JSW (market cap:INR 80,103,93 crores), and other companies.
The NSE stock of NHPC has been performing at an economical level, with a profit margin of INR 2.79. NHPC has been able to sustain its profitability in the power sector for a long time, and is well-positioned to benefit from the current and future growth of the business in India due to its alignment of its policies.
To sum up, the share price of NHPC has been on the rise for the past five years, rising by a total of 263% and has seen a recent increase of more than 19% since the 15th of January 2024. It has been a stable stock on the NSE, and the share price has risen steadily, going up from Rs.50.35 on the 14th of August 2023 to Rs.86.45 on the 13th of February 2024, which is a 71% increase. Looking ahead, the stock price of NHPC is expected to remain on an upward trajectory in the near future, but investors should do their due diligence on the company's finances and seek professional advice before investing. The stock price target for 2025 is Rs.126 to Rs 102, while the target for 2026 is Rs. 142 to Rs 119. The target for 2030 is Rs. 249 to Rs 191, and the target for 2024 is Rs. 115 to Rs 88.
