NHPC Limited (NSE:NHPC)

NHPC Limited Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	111,467	103,799	96,310	106,074	91,442	96,479
Other Revenue	154.4	154.4	-	-	-	-
Revenue	111,622	103,953	96,310	106,074	91,442	96,479
Revenue Growth (YoY)	12.51%	7.94%	-9.21%	16.00%	-5.22%	-3.60%
Operations & Maintenance	4,959	4,959	3,968	-	3,436	3,174
Selling, General & Admin	1,038	1,038	909.3	-	221.5	249.4
Depreciation & Amortization	16,486	11,930	11,841	12,147	11,903	12,925
Other Operating Expenses	52,832	41,265	31,039	41,153	34,961	37,665
Total Operating Expenses	75,315	59,193	47,757	53,300	50,521	54,013
Operating Income	36,307	44,760	48,553	52,774	40,921	42,466
Interest Expense	-28.6	-3,552	-5,026	-4,572	-5,247	-5,158
Interest Income	4,960	4,960	5,220	4,455	2,946	2,864
Net Interest Expense	4,931	1,408	193.5	-117	-2,300	-2,294
Income (Loss) on Equity Investments	17.8	23.6	44	-50.9	-13.9	-54.9
Currency Exchange Gain (Loss)	137.2	137.2	740.9	4.8	492.8	342.1
Other Non-Operating Income (Expenses)	-575.1	2,007	1,554	1,035	3,549	5,415
EBT Excluding Unusual Items	40,818	48,336	51,085	53,646	42,649	45,874
Gain (Loss) on Sale of Investments	-131.6	-131.6	-	-1,381	-	-
Gain (Loss) on Sale of Assets	-82.3	-82.3	-143.3	-21.4	-139	-91.2
Insurance Settlements	5,864	5,864	5,520	614.7	1,832	1,386
Legal Settlements	-7,970	-7,970	-2,056	-4.4	-6.5	-7.4
Other Unusual Items	14,844	1,655	-4,256	-483.5	-12,162	-2,215
Pretax Income	53,342	47,672	50,150	52,371	32,174	44,947
Income Tax Expense	17,436	13,555	10,154	9,762	-5,570	8,949
Earnings From Continuing Ops.	35,907	34,117	39,995	42,608	37,743	35,999
Minority Interest in Earnings	-4,315	-4,051	-4,036	-3,575	-2,508	-3,281
Net Income	31,592	30,067	35,960	39,033	35,236	32,718
Net Income to Common	31,592	30,067	35,960	39,033	35,236	32,718
Net Income Growth	15.92%	-16.39%	-7.87%	10.78%	7.70%	13.41%
Shares Outstanding (Basic)	10,018	10,045	10,045	10,045	10,045	10,045
Shares Outstanding (Diluted)	10,018	10,045	10,045	10,045	10,045	10,045
Shares Change (YoY)	-0.43%	-	-	-	-	-
EPS (Basic)	3.15	2.99	3.58	3.89	3.51	3.26
EPS (Diluted)	3.15	2.99	3.58	3.89	3.51	3.26
EPS Growth	16.42%	-16.39%	-7.87%	10.78%	7.70%	13.41%
Free Cash Flow	-	-38,252	2,828	-2,709	8,882	30,115
Free Cash Flow Per Share	-	-3.81	0.28	-0.27	0.88	3.00
Dividend Per Share	1.910	1.910	1.900	1.850	1.810	1.600
Dividend Growth	0.53%	0.53%	2.70%	2.21%	13.13%	6.67%
Profit Margin	28.30%	28.92%	37.34%	36.80%	38.53%	33.91%
Free Cash Flow Margin	-	-36.80%	2.94%	-2.55%	9.71%	31.21%
EBITDA	47,794	55,968	59,388	64,015	51,990	54,568
EBITDA Margin	42.82%	53.84%	61.66%	60.35%	56.86%	56.56%
D&A For EBITDA	11,487	11,208	10,835	11,241	11,070	12,101
EBIT	36,307	44,760	48,553	52,774	40,921	42,466
EBIT Margin	32.53%	43.06%	50.41%	49.75%	44.75%	44.02%
Effective Tax Rate	32.69%	28.43%	20.25%	18.64%	-	19.91%
Revenue as Reported	122,380	117,293	109,939	112,849	101,083	107,109

Source: S&P Global Market Intelligence. Utility template. Financial Sources.