NTPC Limited, India’s biggest power production house, has served as a key player in the state’s energy industry for more than four decades. NTPC has formed itself as an industry leader with its well-diversified portfolio of power generation assets that includes coal, gas, hydro, and energy from renewable sources.
In this article, we’ll examine NTPC’s share price forecast for 2023 to 2030, as well as whether it’s a good stock to buy for long-term investors. We’ll also consider some of the factors that could influence NTPC’s stock price in the coming years, as well as the company’s growth prospects and financial performance outlook. So, let us take a look at the NTPC stock price target and prospects for the future.
For the three months ending in March, the world’s largest power production company NTPC’s consolidated net profit decreased 6% to Rs 4,871 crore. In the same quarter of the previous year, it was Rs 5,199 crore. Operational revenue increased 19% at Rs 44,253 crore during the reviewed quarter. In the same quarter the year before, the amount was Rs 37,085 crore. Net profit for the quarter was unchanged as compared to the prior In the fourth quarter, the company’s costs increased 22% to Rs 39,018 crore from Rs 31,887 crore in the same quarter last year. When compared to the same quarter last year, electricity generating revenue grew 18% to Rs 43,026 crore for the March quarter, from Rs 36,211 crore. Additionally, other revenue increased 27% year over year to Rs 3,606 crore.
The company’s earnings for the entire year increased slightly from the Rs 16,690 crore recorded in FY22 to Rs 17,121 crore. However, FY23 revenues increased by 33% to Rs 1.76 lakh crore. In FY22, the business had revenues of Rs. 1.32 lakh crore.
With a price-to-earnings ratio of 9.76, a price-to-book ratio of 1.21, and an Earnings per share of 17.76, the company has efficiently used its capital, as seen in the growing ROCE. However, the company is not able to generate cash flow by analyzing the declining cash flows.
Latest news about NTPC LTD
➤For the fiscal year that ends March 2023, the Board has proposed a final dividend of Rs 3 per equity share. The annual general meeting of shareholders must approve the dividend payment before it may be made. The interim dividend of Rs. 4.25 per equity share, paid in February 2023, is in addition to the final dividend. For the reporting quarter, the firm recorded EBITDA of Rs 11,942 crore with margins of 26.9%.
➤From May 16 to June 5, the National Thermal Power Corporation (NTPC) in Khargone will be observing “LiFE” (or “Lifestyle For Environment”).
➤On Wednesday, the National Thermal Development Corporation (NTPC) Limited’s Lara station hosted a shift charge engineer meeting.
➤HPCL Mittal Energy Ltd. and NTPC Green Energy Ltd. have agreed to work together on renewable energy projects including the production of green hydrogen.
How to purchase NTPC shares?
Below are the trading platforms that you can use to purchase NTPC shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
NTPC LTD Share Price Prediction: 2023 to 2030.
NTPC Share Price Prediction 2023.
| When | Maximum Price | Minimum Price |
| May 2023 | ₹161.15 | ₹123.96 |
| June 2023 | ₹193.38 | ₹148.75 |
| July 2023 | ₹232.06 | ₹178.50 |
| August 2023 | ₹255.26 | ₹196.36 |
| September 2023 | ₹268.02 | ₹206.17 |
| October 2023 | ₹255.26 | ₹196.36 |
| November 2023 | ₹280.79 | ₹215.99 |
| December 2023 | ₹314.48 | ₹241.91 |
The table shows the predicted NTPC share prices for 2023, with the highest and lowest prices expected for each month. According to the table, the maximum price for NTPC shares is expected to increase gradually from ₹175.80 in March 2023 to ₹314.48 in December 2023. However, the minimum price for the shares is also expected to fluctuate within this period, ranging from ₹135.23 in March 2023 to ₹241.91 in December 2023.
Overall, the table indicates a bullish trend for NTPC shares in 2023, with a significant growth percentage expected. This suggests that investors may have a positive outlook towards the company’s future prospects, which could drive up demand for the shares and push their prices higher. However, as with any investment, there are always risks and uncertainties that could impact the performance of NTPC shares in the future. It is important for investors to conduct their own research and analysis before making any investment decisions.
NTPC Share Price Prediction 2024.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹331.03 | ₹254.64 |
| February 2024 | ₹371.95 | ₹309.96 |
| March 2024 | ₹391.52 | ₹318.31 |
| April 2024 | ₹355.93 | ₹273.79 |
| May 2024 | ₹296.61 | ₹228.16 |
| June 2024 | ₹355.93 | ₹273.79 |
| July 2024 | ₹302.54 | ₹234.53 |
| August 2024 | ₹332.80 | ₹264.12 |
| September 2024 | ₹349.44 | ₹268.80 |
| October 2024 | ₹411.10 | ₹316.23 |
| November 2024 | ₹431.66 | ₹332.04 |
| December 2024 | ₹440.29 | ₹338.68 |
Based on the available data, it appears that the NTPC share price targets for 2024 may fluctuate throughout the year. The maximum price target is predicted to be in October 2024 at ₹145.28, while the minimum price target is expected in January 2024 at ₹120.46. However, there are periods where the share price may experience a bearish trend, such as in May 2024 where the target price is only ₹108.32. Overall, it seems that the NTPC share price may provide moderate returns for investors in 2024, but caution should be exercised due to potential market fluctuations.
NTPC Share Price Prediction 2025.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹449.09 | ₹345.46 |
| February 2025 | ₹472.73 | ₹363.64 |
| March 2025 | ₹496.37 | ₹381.82 |
| April 2025 | ₹443.19 | ₹340.91 |
| May 2025 | ₹402.90 | ₹309.92 |
| June 2025 | ₹443.19 | ₹340.91 |
| July 2025 | ₹422.08 | ₹324.68 |
| August 2025 | ₹439.67 | ₹338.21 |
| September 2025 | ₹461.65 | ₹355.12 |
| October 2025 | ₹489.35 | ₹376.42 |
| November 2025 | ₹523.61 | ₹402.77 |
| December 2025 | ₹534.08 | ₹410.83 |
According to the data provided in the table, NTPC’s share price is expected to have a strong upside potential in 2025. The average target price for NTPC in 2025 is ₹174.27, which represents a significant increase from its current market price. The highest target price for NTPC in 2025 is ₹210, while the lowest target price is ₹150. This suggests that analysts are generally bullish on the prospects of NTPC in the coming years. Based on this data, investors may consider NTPC as a potential investment opportunity in 2025. However, it is important to note that these projections are based on certain assumptions and market conditions and may not necessarily be accurate. It is recommended that investors conduct their own research and analysis before making any investment decisions.
NTPC Share Price Prediction 2026-2030.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹314.48 | ₹123.96 |
| 2024 | ₹440.29 | ₹254.64 |
| 2025 | ₹534.08 | ₹340.91 |
| 2026 | ₹373.85 | ₹261.70 |
| 2027 | ₹317.78 | ₹222.44 |
| 2028 | ₹572.00 | ₹400.40 |
| 2029 | ₹1,174.97 | ₹822.48 |
| 2030 | ₹1,308.49 | ₹915.94 |
Based on the historical data of NTPC’s share prices, the maximum and minimum prices for the years 2023 to 2030 have been recorded. In particular, for the year 2026, the maximum and minimum prices were ₹373.85 and ₹261.70, respectively. Moving forward, in 2027, the maximum and minimum prices were ₹317.78 and ₹222.44, respectively.
For the year 2028, the maximum and minimum prices were ₹572.00 and ₹400.40, respectively. In 2029, the maximum and minimum prices were ₹1,174.97 and ₹822.48, respectively. Looking ahead to the year 2030, the maximum and minimum prices were ₹1,308.49 and ₹915.94, respectively.
Based on this data, it is possible to forecast potential share price targets for NTPC in the coming years. However, it is important to keep in mind that market conditions and other external factors can greatly impact share prices, making it difficult to predict with complete accuracy.
Financial Condition of NTPC: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 88,083.31 | 1,00,286.54 | 1,09,464.04 | 1,11,531.15 | 1,32,669.28 |
| Expenses | 65,597.90 | 77,576.17 | 77,862.92 | 77,484.05 | 92,301.09 |
| Operating Profit | 22,485.41 | 22,710.37 | 31,601.12 | 34,047.10 | 40,368.19 |
| Other Income | 5,575.55 | 2,817.86 | 8,193.57 | 5,017.35 | 4,802.71 |
| Depreciation | 7,459.93 | 8,669.03 | 10,356.16 | 12,450.31 | 13,787.83 |
| Interest | 4,446.59 | 5,604.65 | 8,189.01 | 9,224.21 | 9,375.68 |
| Profit before tax | 16,154.44 | 11,254.55 | 21,249.52 | 17,389.93 | 22,007.39 |
| Tax | 5,652.94 | -2,779.94 | 9,347.54 | 2,420.53 | 5,047.10 |
| Net profit | 10,543.95 | 13,736.68 | 11,600.23 | 14,634.63 | 16,675.90 |
| EPS | 10.66 | 13.88 | 11.72 | 15.09 | 17.2 |
| Price to earning | 13.27 | 9.7 | 7.18 | 7.06 | 7.85 |
| Price | 141.42 | 134.7 | 84.2 | 106.55 | 135 |
| RATIOS: | |||||
| Dividend Payout | 40.04% | 43.79% | 26.87% | 40.75% | 40.70% |
| OPM | 25.53% | 22.65% | 28.87% | 30.53% | 30.43% |
The financial statement of NTPC for the last five years shows that the company’s revenue grew steadily from ₹88,083.31 crore in March 2018 to ₹1,32,669.28 crore in March 2022. However, expenses also increased from ₹65,597.90 crore in March 2018 to ₹92,301.09 crore in March 2022. Despite this, the company’s operating profit grew from ₹22,485.41 crore in March 2018 to ₹40,368.19 crore in March 2022, indicating the company’s efficiency in managing costs. NTPC also saw a consistent growth in its net profit, with a maximum of ₹16,675.90 crore in March 2022 and a minimum of ₹10,543.95 crore in March 2018.The company maintained a consistent dividend payout ratio, with an average of 38.83% over the last five years. Overall, NTPC demonstrated healthy revenue and profit growth, indicating a positive trajectory for the company in the coming years.
NTPC share price target by Experts.
Sharekhan on NTPC Ltd share price target
Sharekhan has given a buy call on NTPC Ltd. According to him, you can continue buying NTPC share with a target price of Rs170.
Motilal Oswal on NTPC Ltd share price target
Motilal Oswal has given a buy call on NTPC Ltd. According to him, you can continue buying NTPC share with a target price of Rs175.
Yes Securities on NTPC Ltd share price target
Yes Securities has recommended to buy NTPC Ltd with a price prediction of Rs 189.
FAQS
What is the current NTPC share price, and how has it performed historically?
As of March 25, 2023, the NTPC share price is INR 179. Historically, the share price has shown a steady upward trend, with occasional fluctuations in response to market conditions and company performance.
What is the NTPC share price target for 2023-2030?
The NTPC share price target for 2023-2030 is subject to market conditions and company performance. However, industry analysts expect the share price to grow at an average annual rate of 8-10% over the next decade.
What factors could impact NTPC’s share price in the coming years?
Factors such as government policies, regulatory changes, fluctuations in fuel prices, and competition from other power generation companies could impact NTPC’s share price in the coming years.
What are some of the risks associated with investing in NTPC’s shares?
Some of the risks associated with investing in NTPC’s shares include regulatory risks, market risks, operational risks, and geopolitical risks.
Is NTPC a good long-term investment?
NTPC’s strong financial position, well-diversified operations, and focus on renewable energy make it a good long-term investment option for investors with a moderate to high-risk tolerance.
What are some of the growth opportunities for NTPC in the coming years?
NTPC’s growth opportunities in the coming years include expanding its renewable energy portfolio, increasing its presence in international markets, and investing in emerging technologies such as carbon capture and storage.
What is NTPC’s dividend policy, and how does it impact the share price?
NTPC’s dividend policy is to distribute a minimum of 30% of its net profit as dividends to shareholders. This policy can impact the share price positively as it signals to investors that the company is financially stable and committed to rewarding shareholders.
How does NTPC compare to other power generation companies in India?
NTPC is the largest power generation company in India, with a market share of over 22%. It also has a diversified portfolio of power generation assets, including coal, gas, hydro, and renewable energy sources.
What is the outlook for NTPC’s financial performance in the coming years?
The outlook for NTPC’s financial performance in the coming years is positive, with the company expected to continue to generate strong revenues and profits driven by its diversified portfolio of power generation assets and its focus on renewable energy.
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Conclusion
Finally, NTPC Restricted has shown impressive growth over the last five years, with positive trends in income, PAT, revenue, and profit. The company’s net income increased by 4.3% year on year, from INR 103,307 crore in FY 2017 to INR 122,384 crores in FY 2021. Similarly, the company’s PAT increased by 8.2% year on year, from INR 9,385 crores in FY 2017 to INR 12,771 crores in FY 2021.
Revenue and profit growth at NTPC have been strong as well, with trade surplus at a CAGR of 4.8% over the last five years and profit growing at a CAGR of 7.9%. These figures show the company’s financial strength and stability, which is important for the long investors looking for good stocks to buy.
NTPC is a good stock to buy for investors with a moderate to high risk tolerance, given the company’s well-diversified portfolio of power production assets, focus on renewable energy, and commitment to rewarding shareholders through its dividend policy.
Neelam is a talented writer and financial analyst, currently studying at Hansraj College. She is a regular contributor to Trickyfinance, where she covers a range of topics including price prediction, stock market news, and market analysis. Neelam’s passion for finance and economics led her to pursue a writing career in the financial industry, where she has gained valuable experience and insights into the workings of the market. In her free time, Neelam enjoys reading and conducting her own market analysis to stay up-to-date with the latest trends and developments in the industry.
