अFunda Observatory

NTPC LIMITED vs ADANI GREEN ENERGY LTD

NTPC and ADANIGREEN, both in Electric Utilities. Monthly data through 2026-10-12. Change the comparison →

Price, rebased to 100

Share price change since Jan '19, the first month all 2 have a price: NTPC +166%, ADANIGREEN +3479%.

72274754238098Jan '19Aug '20Mar '22Oct '23May '25Oct '2672274754238098Jan '19Aug '21Mar '24Oct '26

Rebased at 2019-01. Monthly closes from each company's history.

ROCE

4.0%6.3%8.7%11.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '264.0%6.3%8.7%11.0%Jan '19Aug '21Mar '24Oct '26
NTPC LIMITED (NTPC)ADANI GREEN ENERGY LTD (ADANIGREEN)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

NTPC Net profit growth: +58 pts+58 ptsShare count change: -1 ptsP/E change: -26 pts-26 pts +32% ADANIGREE Net profit growth: +94 pts+94 ptsShare count change: -27 pts-27 ptsP/E change: -28 pts-28 pts +40%
Net profit growthShare count changeP/E changeUnexplained

NTPC: share price rose 32% over 3 years: +58 pts from net profit growth, −26 pts from the P/E change, −1 pts from share count change.

ADANIGREEN: share price rose 40% over 3 years: +94 pts from net profit growth, −28 pts from the P/E change, −27 pts from share count change.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

NTPC LIMITED (NTPC) · Utilities

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

ADANI GREEN ENERGY LTD (ADANIGREEN) · Utilities

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricNTPCADANIGREEN
Share Price₹310.00₹1274.00
Market Cap₹3.07L cr₹2.52L cr
P/E10.8x117.6x
P/B1.5x12.6x
P/S1.6x18.6x
ROCE9.0%7.0%
ROE13.9%10.7%
Operating margin32.0%90.0%
Revenue (TTM), indexed to 100₹1.91L cr₹13559 cr
Net Profit (TTM)₹28333 cr₹2146 cr
Debt / Equity1.3x5.2x
Cash Conversion Cycle71d60d
Promoter holding51.1%62.4%
FII Holding16.3%11.3%
DII Holding29.4%5.3%
12M momentum-8.0%11.8%
Drawdown from Peak-30.0%-55.8%
Cash conversion (3Y)1.9x5.0x
Interest cover2.9x1.3x
Share Count Change (1Y)0.0%4.0%
Volatility (1Y)19.5%43.0%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.