NHPC Limited (NSE:NHPC)

NHPC Limited Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Revenue	116,153	103,799	96,310	106,074	91,442
Other Revenue	-	154.4	-	-	-
Revenue	116,153	103,953	96,310	106,074	91,442
Revenue Growth (YoY)	11.74%	7.94%	-9.21%	16.00%	-5.22%
Operations & Maintenance	-	4,959	3,968	-	3,436
Selling, General & Admin	-	1,038	909.3	-	221.5
Depreciation & Amortization	19,759	11,930	11,841	12,147	11,903
Other Operating Expenses	63,794	41,265	31,039	41,153	34,961
Total Operating Expenses	83,552	59,193	47,757	53,300	50,521
Operating Income	32,601	44,760	48,553	52,774	40,921
Interest Expense	-14,230	-3,552	-5,026	-4,572	-5,247
Interest Income	-	4,960	5,220	4,455	2,946
Net Interest Expense	-14,230	1,408	193.5	-117	-2,300
Income (Loss) on Equity Investments	24.8	23.6	44	-50.9	-13.9
Currency Exchange Gain (Loss)	-	137.2	740.9	4.8	492.8
Other Non-Operating Income (Expenses)	10,708	2,007	1,554	1,035	3,549
EBT Excluding Unusual Items	29,103	48,336	51,085	53,646	42,649
Gain (Loss) on Sale of Investments	-	-131.6	-	-1,381	-
Gain (Loss) on Sale of Assets	-	-82.3	-143.3	-21.4	-139
Insurance Settlements	-	5,864	5,520	614.7	1,832
Legal Settlements	-	-7,970	-2,056	-4.4	-6.5
Other Unusual Items	9,834	1,655	-4,256	-483.5	-12,162
Pretax Income	38,937	47,672	50,150	52,371	32,174
Income Tax Expense	-3,268	13,555	10,154	9,762	-5,570
Earnings From Continuing Ops.	42,205	34,117	39,995	42,608	37,743
Minority Interest in Earnings	-4,547	-4,051	-4,036	-3,575	-2,508
Net Income	37,657	30,067	35,960	39,033	35,236
Net Income to Common	37,657	30,067	35,960	39,033	35,236
Net Income Growth	25.25%	-16.39%	-7.87%	10.78%	7.70%
Shares Outstanding (Basic)	10,042	10,045	10,045	10,045	10,045
Shares Outstanding (Diluted)	10,042	10,045	10,045	10,045	10,045
Shares Change (YoY)	-0.03%	-	-	-	-
EPS (Basic)	3.75	2.99	3.58	3.89	3.51
EPS (Diluted)	3.75	2.99	3.58	3.89	3.51
EPS Growth	25.28%	-16.39%	-7.87%	10.78%	7.70%
Free Cash Flow	-82,787	-38,252	2,828	-2,709	8,882
Free Cash Flow Per Share	-8.24	-3.81	0.28	-0.27	0.88
Dividend Per Share	1.610	1.910	1.900	1.850	1.810
Dividend Growth	-15.71%	0.53%	2.70%	2.21%	13.13%
Profit Margin	32.42%	28.92%	37.34%	36.80%	38.53%
Free Cash Flow Margin	-71.27%	-36.80%	2.94%	-2.55%	9.71%
EBITDA	52,359	55,968	59,388	64,015	51,990
EBITDA Margin	45.08%	53.84%	61.66%	60.35%	56.86%
D&A For EBITDA	19,759	11,208	10,835	11,241	11,070
EBIT	32,601	44,760	48,553	52,774	40,921
EBIT Margin	28.07%	43.06%	50.41%	49.75%	44.75%
Effective Tax Rate	-	28.43%	20.25%	18.64%	-
Revenue as Reported	126,861	117,293	109,939	112,849	101,083

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