NHPC (NSE:NHPC) Enterprise Value: ₹1,292,731 Mil (As of Jun. 28, 2026) ***


NSE:NHPC NHPC Ltd NSE:NHPC
79 GF Score
Price ₹79.40
GF Value ₹104.33
Valuation Modestly Undervalued
! 7 Warning Signs
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What is NHPC Enterprise Value?

NHPC NSE:NHPC +0.11% 79 Enterprise Value is ₹1,292,731 Mil as of Jun. 28, 2026. GuruFocus rates NSE:NHPC with a GF Score™ of 79/100 and a GF Value™ of ₹104.33 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NHPC's Enterprise Value is ₹1,292,731 Mil. NHPC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹43,333 Mil. Therefore, NHPC's EV-to-EBIT ratio for today is 29.83.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NHPC's Enterprise Value is ₹1,292,731 Mil. NHPC's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹63,092 Mil. Therefore, NHPC's EV-to-EBITDA ratio for today is 20.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NHPC's Enterprise Value is ₹1,292,731 Mil. NHPC's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹116,153 Mil. Therefore, NHPC's EV-to-Revenue ratio for today is 11.13.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, NHPC's Enterprise Value is ₹1,292,731 Mil. NHPC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, NHPC's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, NHPC's Enterprise Value is ₹1,292,731 Mil. NHPC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, NHPC's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


NHPC  (NSE:NHPC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

NHPC's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1292731.212/43333.4
=29.83

NHPC's current Enterprise Value is ₹1,292,731 Mil.
NHPC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹43,333 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

NHPC's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1292731.212/63091.9
=20.49

NHPC's current Enterprise Value is ₹1,292,731 Mil.
NHPC's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹63,092 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

NHPC's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1292731.212/116152.9
=11.13

NHPC's current Enterprise Value is ₹1,292,731 Mil.
NHPC's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹116,153 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

NHPC's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1292731.212/0
=

NHPC's current Enterprise Value is ₹1,292,731 Mil.
NHPC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

NHPC's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1292731.212/0
=

NHPC's current Enterprise Value is ₹1,292,731 Mil.
NHPC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NHPC Enterprise Value Related Terms


NHPC Enterprise Value Historical Data

* Premium members only.

The historical data trend for NHPC's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NHPC Enterprise Value Chart

NHPC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 540,699.87 710,076.51 1,264,086.04 1,270,610.78 1,236,177.68

NHPC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,270,610.78 861,964.45 1,319,460.52 795,767.67 1,236,177.68

NHPC Enterprise Value Competitor Comparison

For the Utilities - Renewable subindustry, NHPC's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NHPC Enterprise Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NHPC's Enterprise Value distribution charts can be found below:

* The bar in red indicates where NHPC's Enterprise Value falls into.


NSE:NHPC
79GF Score
NHPC Ltd NSE:NHPC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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NHPC Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

NHPC's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

NHPC's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹1,292,731 Mil mean?
NHPC (NSE:NHPC) has a Enterprise Value of ₹1,292,731 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NHPC and its competitors.
Is NHPC's Enterprise Value too high?
NHPC's current Enterprise Value is ₹1,292,731 Mil. Overall, NHPC has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NHPC's Enterprise Value compare to competitors?
NHPC's Enterprise Value of ₹1,292,731 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Independent Power Producers company?
A good Enterprise Value depends on the Utilities - Independent Power Producers industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NHPC and its competitors. NHPC's current Enterprise Value is ₹1,292,731 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHPC stock overvalued right now?
Based on GuruFocus' analysis, NHPC (NSE:NHPC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹104.33, compared to a current price of ₹79.40 — trading 23.9% below its estimated fair value. The current Enterprise Value is ₹1,292,731 Mil. NHPC's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For NHPC (NSE:NHPC), the current Enterprise Value is ₹1,292,731 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NHPC (NSE:NHPC) Overvalued in 2026?

Based on GuruFocus' analysis, NHPC stock appears to be undervalued. The current stock price of ₹79.40 is trading 23.9% below its estimated GF Value™ of ₹104.33. GuruFocus considers NHPC to be Modestly Undervalued.

Key valuation signals for NSE:NHPC:

  • Enterprise Value: ₹1,292,731 Mil
  • GF Value™: ₹104.33 vs. price of ₹79.40 (23.9% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the NSE:NHPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NHPC Business Description

Other Exchanges 533098:India
Address Sector 33, NHPC Office Complex, Faridabad, HR, IND, 121003
NHPC Ltd is an electric utility company, of which the Indian government owns the vast majority of shares. The company produces electricity through the operation of its portfolio of hydroelectric power plants located across India. Electricity generation (including income from embedded Finance/ Operating leases) is the principal business activity of the Company. NHPC generates a majority of its revenue from the sale of energy to state electricity boards, state energy departments, and their successor companies via long-term agreements. The company has made efforts to expand its electric production capacity with thermal, wind, and solar power generating facilities. NHPC operates its power development and secondary consulting businesses exclusively in India.
79GF Score

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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹79.40
Price
₹104.33
GF Value