NHPC Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported a strong annual net profit of ₹3,617.80 crore on a standalone basis. Demonstrating continued growth, the Board of Directors recommended a final dividend of 2.10% (₹0.21 per share), supplementing the previously paid interim dividend, bringing the total dividend for the year to ₹1.61 per equity share.
Financial Highlights
For the financial year ended March 31, 2026, NHPC Limited recorded a total standalone revenue from operations of ₹10,328.26 crore, compared to ₹8,994.26 crore in the previous year. The standalone net profit for the year reached ₹3,617.80 crore, reflecting a solid performance driven by the company’s core power generation activities. On a consolidated basis, the net profit attributable to the owners of the company was ₹3,765.74 crore.
Strategic Project Commissioning
The fiscal year was marked by the successful commissioning of several key power projects, which are set to contribute significantly to the company’s operational capacity:
- Parbati-II Hydroelectric Project (800 MW): Commissioned in April 2025.
- Karnisar Solar Power Project (300 MW): Successfully brought online during the fiscal year.
- Subansiri Lower Project (1,000 MW total): Successfully commissioned 1,000 MW capacity as of May 8, 2026, with an additional unit becoming operational post-year-end.
Dividend and Shareholder Value
Reflecting its commitment to shareholder returns, the Board has recommended a final dividend of 2.10% of the face value of ₹10 per share, amounting to ₹0.21 per share. Combined with the interim dividend of ₹1.40 per share already paid in February 2026, the total dividend payout for the year is ₹1.61 per equity share, representing a total yield of 16.10% on the face value.
Future Growth and Financing
To support its ongoing expansion and capital expenditure requirements, the company has successfully raised funds through non-convertible debt securities and maintains a healthy debt-to-equity ratio of 1.16 as of March 31, 2026. The company remains focused on its strategic growth plan, including the ongoing merger process of Jalpower Corporation Limited, which is currently in the advanced stages of the second motion application.
Source: BSE
