power

NHPC

NHPC · Nifty 50

74.41

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionpower sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score55/100 (ADEQUATE). 1 positive flags, 4 concerns.
Historical Context48 similar technical setups. Average outcome: -6.9% decline. 0% positive.

Fundamental

55/100

ADEQUATE

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

NHPC scores 55/100 on fundamentals (adequate). NHPC: BROAD EXPANSION regime.

Fundamental Score: 55/100 · ADEQUATE · 1 signals detected

DuPont Analysis

ROE 8.7% broken into three drivers. Each shows how efficiently the company generates returns.

ROE8.7%=
34.0%Net Margin
×
0.1xTurnover
×
2.9xLeverage

ROE of 8.68% is modest margin-driven and stable. Net margin of 34.0% × asset turnover of 0.09x × leverage of 2.9x.

What This Means

Net margin of 34.0% means the company keeps ₹34.0 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 0.09x means the company generates ₹0.09 of revenue for every ₹1 of assets. This is a capital-heavy business. Leverage of 2.9x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

94.2%

Operating

31.8%

Net

34.0%

improving

Gross margin 94.2% → operating margin 31.8% → net margin 34.0%. Margins are IMPROVING. Strong pricing power with stable gross margins suggests the improvement is from operating leverage — sustainable.

Financial Health

Earnings Quality

WEAK

Cash flow only covers 0.9x of net income — earnings quality is WEAK. Profit may not be converting to cash. Check receivables and inventory.

Debt Sustainability

STRETCHED

Interest covered only 1.0x — stretched. Rising rates could pressure profitability. Debt/EBITDA at 10.0x is high — monitor leverage.

Free Cash Flow

MODERATE

FCF margin negative at -78.1% — spending more than earning. Check capex cycle.

Peer Comparison

NHPC is compared against 8 peers in the power sector.

Key Watchpoints

🟢

Breaks above ₹78 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹71 (-5%)

Further downside risk

🟢

Power sector entering leadership

Sector rotation signal

Detected Patterns

➡️ Leverage Slowly Rising: Debt growing faster (25.9%) than equity (4.5%)

Risk Flags

🔴 2 Critical⚠️ 2 Warning1 Positive5 total flags
🔴Cash covers only 14% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

🔴Overall governance risk: 9/10
Governance

Elevated risk score. Review audit, board, and shareholder rights metrics.

⚠️Working capital changes are 54% of operating cash flow
Cash Flow

Working capital is consuming significant cash. Operational efficiency declining.

⚠️Board risk elevated: 9/10
Governance

Governance structure concerns. Independent director representation may be weak.

High promoter holding: 62%
Governance

Strong insider alignment. Promoters have significant skin in the game.

🔴 2 CRITICAL flags — significant concerns. Investigate before investing.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
⚠️ Our margin analysis (improving) contradicts news reports of margin pressure — investigate

50 articles scanned for fundamental themes

Facts

P/E Ratio
26.6UNAVAILABLE
P/B Ratio
1.8HIGH
Market Cap
₹7412231.0L CrHIGH
From 52W High
83% of high
Sector Peers
8
NHPC Stock Analysis, Valuation, Fundamentals & Intelligence | FynSight