NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 110202.61 Crore) operating in Power sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 30390.60 Crore, down -4.09 % from last quarter Total Income of Rs 31687.24 Crore and up 13.42 % from last year same quarter Total Income of Rs 26794.68 Crore. Company reported net profit after tax of Rs 3241.32 Crore in latest quarter.
Investment Rationale
The brokerage expects valuation rerating to happen as the percentage share of RE capacity increases over the years, which is also seen in the case global power utilities.
Promoter/FII Holdings
Promoters held 51.1 per cent stake in the company as of June 30, 2021, while FIIs held 13.9 per cent, DIIs 32.2 per cent and public and others 2.8 per cent.
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