NTPC LIMITED vs POWER GRID CORPORATION OF INDI

NTPC and POWERGRID. Monthly data through 2026-10-09. Change the comparison →

Price, rebased to 100

Share price change since Jan '19, the first month all 2 have a price: NTPC +168%, POWERGRID +143%.

72175278381Jan '19Aug '20Mar '22Oct '23May '25Oct '2672175278381Jan '19Aug '21Mar '24Oct '26

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

ROCE

6.0%8.3%10.7%13.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '266.0%8.3%10.7%13.0%Jan '19Aug '21Mar '24Oct '26
NTPC LIMITED (NTPC)POWER GRID CORPORATION OF INDI (POWERGRID)

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: +37 pts+37 ptsP/E change: -5 pts-5 pts +32% POWERGRID Net profit growth: +3 ptsP/E change: +21 pts+21 pts +23%
Net profit growthShare count changeP/E changeUnexplained

NTPC: share price rose 32% over 3 years: +37 pts from net profit growth, −5 pts from the P/E change.

POWERGRID: share price rose 23% over 3 years: +3 pts from net profit growth, +21 pts from the P/E 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

POWER GRID CORPORATION OF INDI (POWERGRID) · 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

MetricNTPCPOWERGRID
Share Price₹312.00₹249.15
Market Cap₹3.03L cr₹2.32L cr
P/E12.8x14.8x
P/B1.7x2.3x
P/S1.8x5.7x
ROCE8.0%10.0%
ROE13.6%15.7%
Operating margin29.0%82.0%
Revenue (TTM), indexed to 100₹1.67L cr₹40771 cr
Net Profit (TTM)₹23729 cr₹15679 cr
Debt / Equity1.1x1.5x
Cash Conversion Cycle68d97d
Promoter holding51.1%51.3%
FII Holding16.3%24.3%
DII Holding29.4%20.6%
12M momentum-7.4%-13.5%
Drawdown from Peak-29.6%-29.4%
Cash conversion (3Y)1.9x2.1x
Interest cover3.1x2.3x
Share Count Change (1Y)0.0%0.0%
Volatility (1Y)19.5%21.6%

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.