NTPC Share Price Target Tomorrow, 2025, 2030, 2035, 2040: NTPC Limited, once called National Thermal Power Corporation, is the biggest power company in India. It makes electricity using different sources like coal, water, sunlight, wind, and nuclear energy. NTPC’s goal is to provide reliable, efficient, and eco-friendly power to help meet the country’s growing energy needs.
As of January 29, 2025, the NTPC share price on the NSE is ₹359. Below are the projected NTPC share price target for the years 2024, 2025, 2026, 2027, 2030, 2035 And 2040.
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NTPC Company Overview
NTPC was started in 1975 and is based in New Delhi. It runs many power plants all over India and produces a lot of electricity. NTPC is owned by the government and works under the Ministry of Power. It plays an important role in providing energy for the country. The company is also working to use more clean energy, like solar and wind power, to help protect the environment. NTPC is known for being good at what it does, coming up with new ideas, and caring about nature. It helps keep India’s energy safe and strong.
Formerly | National Thermal Power Corporation |
Company type | Central Public Sector Undertaking |
Traded as | BSE: 532555 NSE: NTPC BSE SENSEX Constituent NSE NIFTY 50 Constituent |
ISIN | INE733E01010 |
Industry | Electricity |
Founded | 7 November 1975; 49 years ago |
Headquarters | New Delhi, India |
Area served | India |
Key people | Gurdeep Singh (Chairman & MD) |
Services | Electricity generation and distribution, natural gas exploration, production, transportation and distribution |
Revenue | ₹181,166 crore (US$22 billion) (2024) |
Operating income | ₹27,141 crore (US$3.3 billion) (2024) |
Net income | ₹21,332 crore (US$2.6 billion) (2024) |
Total assets | ₹480,196 crore (US$58 billion) (2024) |
Total equity | ₹165,122 crore (US$20 billion) (2024) |
Owner | Ministry of Power, Government of India |
Number of employees | 15,786 (2022) |
Subsidiaries | THDC India Limited NSPCL |
Website | www.ntpc.co.in |
One Year NTPC Share Price Growth Chart

NTPC Share Price Target For 2025
By 2025, NTPC’s share price might go up to ₹485 first and then ₹548 later. This is because the company is growing well and working hard to use more renewable energy. It could be a good choice for people who want to invest.
Year | 1st Target | 2nd Target |
2025 | ₹485 | ₹548 |
NTPC Share Price Target For 2026
By 2026, NTPC’s share price might go up to ₹630 first and then ₹691. This could happen because NTPC is working well and trying to use cleaner and greener energy.
Year | 1st Target | 2nd Target |
2026 | ₹630 | ₹691 |
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NTPC Share Price Target For 2027
By 2027, NTPC’s share price is expected to go up to ₹820 first and then ₹871. This shows the company is doing well with money and is ready to grow with new energy needs and government plans.
Year | 1st Target | 2nd Target |
2027 | ₹820 | ₹871 |
NTPC Share Price Target For 2028
By 2028, NTPC’s share price might reach ₹925 first and then ₹1030. This shows how NTPC is growing by investing in green energy and making more power to meet people’s needs.
Year | 1st Target | 2nd Target |
2028 | ₹925 | ₹1030 |
NTPC Share Price Target For 2029
By 2029, NTPC’s share price might reach ₹1145 first and then ₹1253. This shows the company’s plans to grow bigger and do well in the power business while also caring for the environment.
Year | 1st Target | 2nd Target |
2029 | ₹1145 | ₹1253 |
NTPC Share Price Target For 2030
By 2030, NTPC’s share price might rise to ₹1483 as the first goal and ₹1583 as the second goal. This increase shows how strong NTPC is, with its many different energy projects and the growing need for its services.
Year | 1st Target | 2nd Target |
2030 | ₹1483 | ₹1583 |
NTPC Share Price Target For 2035
By 2035, experts believe NTPC’s share price could reach ₹3130 as the first goal and ₹3230 as the second goal. This shows that NTPC is doing well because it keeps coming up with new ideas, has a strong position in the market, and can adjust to changes in the energy industry.
Year | 1st Target | 2nd Target |
2035 | ₹3130 | ₹3230 |
Read More: NTPC Share Price Target 2025, 2026, 2027, 2030, 2035, 2040
NTPC Share Price Target For 2040
By 2040, NTPC’s stock price could rise to ₹6590 as the first goal and ₹6690 as the second goal. This shows how NTPC has a lot of potential for the future. They are investing in new technologies and working hard to reduce their carbon emissions to zero.
Year | 1st Target | 2nd Target |
2040 | ₹6590 | ₹6690 |
NTPC Share Price Target Forecast 2025 To 2040
Year | Year-High Target (₹) | Year-Low Target (₹) |
2025 | ₹548 | ₹321 |
2026 | ₹691 | ₹405 |
2027 | ₹871 | ₹510 |
2028 | ₹1030 | ₹638 |
2029 | ₹1253 | ₹798 |
2030 | ₹1583 | ₹997 |
2035 | ₹3230 | ₹1060 |
2040 | ₹6690 | ₹2815 |
NTPC Limited Peer Comparison
Sector: Power Generation & Distribution | Industry: Power Generation And Supply | ||||
Name | P/E | Mar Cap ₹Cr. | NP Qtr ₹Cr. | Sales Qtr ₹Cr. | ROCE % |
NTPC | 15.8 | 348110 | 5380 | 44696 | 10.47 |
Power Grid Corpn | 19.02 | 299665 | 3793 | 11277 | 13.21 |
Adani Green | 141.79 | 182821 | 515 | 3055 | 9.81 |
Adani Power | 14.06 | 178499 | 3297 | 13338 | 32.25 |
Tata Power Co. | 34.41 | 130657 | 1093 | 15697 | 11.13 |
JSW Energy | 61.2 | 119494 | 876 | 3237 | 8.59 |
NTPC Limited Fundamentals
Metric | Value |
Market Cap | ₹3,54,995 Cr |
ROE (Return on Equity) | 13.12% |
P/E Ratio (TTM) | 16.09 |
EPS (TTM) | 22.76 |
P/B Ratio | 2.11 |
Dividend Yield | 2.12% |
Industry P/E | 23.95 |
Book Value | 173.54 |
Debt to Equity | 1.44 |
52 Week High | ₹448 |
52 Week Low | ₹247 |
Face Value | 10 |
NTPC Limited Financial Results
All in ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
Sales | 111,531Cr. | 132,669Cr. | 176,207Cr. | 178,501Cr. | 183,659Cr. |
Expenses | 77,487Cr. | 92,307Cr. | 128,611Cr. | 127,045Cr. | 133,229Cr. |
Operating Profit | 34,044Cr. | 40,362Cr. | 47,596Cr. | 51,456Cr. | 50,431Cr. |
OPM % | 31% | 30% | 27% | 29% | 27% |
Other Income | 5,021Cr. | 4,809Cr. | 2,561Cr. | 5,190Cr. | 8,361Cr. |
Interest | 9,224Cr. | 9,376Cr. | 11,447Cr. | 12,301Cr. | 12,962Cr. |
Depreciation | 12,450Cr. | 13,788Cr. | 14,792Cr. | 16,204Cr. | 16,764Cr. |
Profit before tax | 17,390Cr. | 22,007Cr. | 23,917Cr. | 28,142Cr. | 29,065Cr. |
Tax % | 14% | 23% | 28% | 24% | |
Net Profit + | 14,969Cr. | 16,960Cr. | 17,121Cr. | 21,332Cr. | 22,585Cr. |
EPS in Rs | 15.09 | 17.2 | 17.44 | 21.46 | 22.77 |
Dividend Payout % | 41% | 41% | 42% | 36% | |
Compounded Sales Growth | Compounded Profit Growth | Stock Price CAGR | |||
10 Years: | 9% | 10 Years: | 6% | 10 Years: | 12% |
5 Years: | 12% | 5 Years: | 7% | 5 Years: | 26% |
3 Years: | 17% | 3 Years: | 10% | 3 Years: | 41% |
TTM: | 4% | TTM: | 15% | 1 Year: | 45% |
Return on Equity | |||||
10 Years: | 12% | ||||
5 Years: | 12% | ||||
3 Years: | 13% | ||||
Last Year: | 13% |
NTPC Limited Balance Sheet
All In ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
Equity Capital | 9,697 | 9,697 | 9,697 | 9,697 | 9,697 |
Reserves | 116,042 | 125,677 | 137,326 | 151,013 | 158,575 |
Borrowings | 210,208 | 210,707 | 222,913 | 237,131 | 242,009 |
Other Liabilities | 62,075 | 69,751 | 77,253 | 81,437 | 81,950 |
Total Liabilities | 398,022 | 415,831 | 447,189 | 479,278 | 492,230 |
Fixed Assets | 203,245 | 224,923 | 240,424 | 258,934 | 259,252 |
CWIP | 97,506 | 91,126 | 89,179 | 87,664 | 95,612 |
Investments | 10,589 | 10,626 | 13,935 | 15,885 | 16,500 |
Other Assets | 86,681 | 89,156 | 103,651 | 116,795 | 120,866 |
Total Assets | 398,022 | 415,831 | 447,189 | 479,278 | 492,230 |
NTPC Limited Shareholding Pattern
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
Promoters | 51.10% | 51.10% | 51.10% | 51.10% | 51.10% |
FIIs | 16.69% | 17.05% | 17.86% | 17.68% | 18.60% |
DIIs | 29.02% | 28.70% | 27.55% | 27.55% | 26.51% |
Government | 0.10% | 0.10% | 0.11% | 0.11% | 0.11% |
Public | 3.08% | 3.04% | 3.37% | 3.55% | 3.68% |
No. of Shareholders | 10,66,543 | 11,58,992 | 13,93,480 | 17,67,138 | 35,74,828 |
NTPC Limited Dividend History
Ex-Date | Dividend Amount | Dividend Type | Record Date |
31-10-2024 | 2.5 | INTERIM | 01-11-2024 |
07-08-2024 | 3.25 | FINAL | 08-08-2024 |
06-02-2024 | 2.25 | INTERIM | 7-02-2024 |
03-11- 2023 | 2.25 | INTERIM | 4-11- 2023 |
11-08-2023 | 3 | FINAL | 12-08-2023 |
03-02-2023 | 4.25 | INTERIM | 04-02- 2023 |
10-08-2022 | 3 | FINAL | 12-08-2022 |
03-02-2022 | 4 | INTERIM | 04-02- 2022 |
08-09-2021 | 3.15 | FINAL | 09-9- 2021 |
11-02-2021 | 3 | INTERIM | 12-02- 2021 |
13-08-2020 | 2.65 | FINAL | 15-08- 2020 |
26-03-2020 | 0.5 | INTERIM | 27-3- 2020 |
14-02-2020 | 0 | INTERIM | 16-02-2020 |
13-08-2019 | 2.5 | FINAL | 16-08-2019 |
02-05-2019 | 3.58 | INTERIM | 04-05-2019 |
06-09-2018 | 2.39 | FINAL | 07-09-2018 |
07-02- 2018 | 2.73 | INTERIM | 09-02-2018 |
07-09-2017 | 2.17 | FINAL | 09-09-2017 |
15-02-2017 | 2.61 | INTERIM | 16-02-2017 |
08-09-2016 | 1.75 | FINAL | 09-09-2016 |
05-02-2016 | 1.6 | INTERIM | 06-02-2016 |
03-09-2015 | 1.75 | FINAL | 05-09-2015 |
04-02-2015 | 0.75 | INTERIM | 07-02-2015 |
13-08-2014 | 1.75 | FINAL | 15-08-2014 |
31-0-2014 | 4 | INTERIM | 02-02-2014 |
05-09-2013 | 2 | FINAL | 06-09-2013 |
01-03-2013 | 3.75 | INTERIM | 03-03- 2013 |
06-09-2012 | 0.5 | FINAL | 08-09-2012 |
31-01-2012 | 3.5 | INTERIM | 03-02-2012 |
08-09-2011 | 0.8 | FINAL | 09-09-2011 |
04-02- 2011 | 3 | INTERIM | 04-02-2011 |
08-09-2010 | 0.8 | FINAL | 09-09-2010 |
18-03-2010 | 3 | INTERIM | 18-03-2010 |
03-09-2009 | 0.8 | FINAL | 05-09-2009 |
29-01-2009 | 2.8 | INTERIM | 30-01-2009 |
28-08-2008 | 0.8 | FINAL | 31-08-2008 |
04-02-2008 | 2.7 | INTERIM | 05-02-2008 |
30-08-2007 | 0.8 | FINAL | 31-08- 2007 |
02-02-2007 | 2.4 | INTERIM | 04-02-2007 |
30-08-2006 | 0.8 | FINAL | 31-08-2006 |
13-02-2006 | 2 | INTERIM | 15-02-2006 |
08-09-2005 | 1.2 | FINAL | 10-09-2005 |
25-02-2005 | 1.2 | INTERIM | 27-02-2005 |
NTPC Limited Bonus History
Announcement Date | Ex-Bonus Date | Bonus Ratio | Remarks |
30 Jan, 2019 | 19 Mar, 2019 | 1:5 | For every 5 share held; Holder will receive 1 bonus shares. |
FAQs
Q.1. What is the share price target for NTPC in 2025?
Ans: In 2025, NTPC’s share price target is projected at ₹485 for the first target and ₹548 for the second target. These estimates reflect the company’s strong focus on energy generation and its role as a major player in the Indian power sector.
Q.2. What is the share price target for NTPC in 2026?
Ans: For 2026, NTPC’s share price targets are ₹630 for the first target and ₹691 for the second target. These figures highlight the company’s growth potential, driven by its consistent performance and expansion in renewable energy projects.
Q.3. What is the share price target for NTPC in 2027?
Ans: The projected share price targets for NTPC in 2027 are ₹820 for the first target and ₹871 for the second target. These estimates reflect optimism about the company’s capacity to scale operations and improve profitability in the evolving energy market.
Q.4. What is the share price target for NTPC in 2028?
Ans: In 2028, NTPC’s share price is expected to reach ₹925 for the first target and ₹1030 for the second target. These projections are based on the company’s strategic investments in clean energy and modernization of its infrastructure.
Q.5. What is the share price target for NTPC in 2029?
Ans: For 2029, the share price targets for NTPC are ₹1145 for the first target and ₹1253 for the second target. These figures suggest sustained growth as NTPC strengthens its position in the energy sector with diversification into green energy.
Q.6. What is the share price target for NTPC in 2030?
Ans: By 2030, NTPC’s share price is forecasted to be ₹1483 for the first target and ₹1583 for the second target. These targets indicate the company’s potential to capitalize on its renewable energy initiatives and increased demand for power.
Q.7. What is the share price target for NTPC in 2035?
Ans: The long-term share price targets for NTPC in 2035 are projected at ₹3130 for the first target and ₹3230 for the second target. These estimates highlight the company’s ability to sustain long-term growth as it becomes a leader in sustainable energy production.
Q.8. What is the share price target for NTPC in 2040?
Ans: In 2040, the share price targets for NTPC are expected to reach ₹6590 for the first target and ₹6690 for the second target. These long-term projections reflect the company’s resilience and capacity to adapt to a changing energy landscape while maintaining profitability.

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