NTPC Green Energy Peer Comparison
NSE: NTPCGREEN | BSE: 544289
₹84.00
As on 08-Nov-2026IST
Market cap
₹70,815 Cr
Revenue (TTM)
₹3,611 Cr
P/E Ratio
107.8
P/B Ratio
3.6
Div. Yield
0 %
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
70,815 | 31,317 | 2,33,405 | 28,480 | 14,587 |
Revenue (₹ Cr) |
3,611 | 8,901 | 14,809 | 2,789 | 2,540 |
Net Profit (₹ Cr) |
600.91 | 1,968.46 | 1,924.00 | 756.01 | 182.67 |
Net Margin (%) |
16.03 | 22.02 | 12.22 | 23.03 | 6.69 |
RoE (%) |
3.42 | 14.00 | 9.46 | 11.12 | 3.77 |
Price to Earnings |
107.81 | 15.91 | 124.55 | 37.63 | 81.66 |
Price-To-Book |
3.65 | 2.18 | 10.81 | 3.41 | 3.01 |
Income Statement (₹ Cr)
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Operating Revenue
|
3,610.94 | 8,896.91 | 14,809.00 | 2,789.16 | 2,539.73 |
|
Total Income
|
3,749.12 | 8,935.31 | 15,747.00 | 3,282.58 | 2,730.85 |
|
Total Expenditure
|
450.63 | 1,245.21 | 1,904.00 | 378.12 | 1,318.27 |
|
EBITDA
|
3,160.31 | 7,651.70 | 12,905.00 | 2,411.04 | 1,221.46 |
|
Depreciation
|
1,349.55 | 43.63 | 3,881.00 | 570.08 | 461.61 |
|
EBIT
|
1,810.76 | 7,608.07 | 9,024.00 | 1,840.96 | 759.85 |
|
Interest
|
1,187.01 | 5,190.96 | 7,444.00 | 1,314.99 | 659.14 |
|
Other Income
|
138.18 | 38.40 | 938.00 | 493.42 | 191.12 |
|
Exceptional Items
|
0.00 | 0.00 | -121.00 | 14.34 | 0.00 |
|
Profit before Tax
|
761.93 | 2,455.51 | 2,397.00 | 1,033.73 | 291.83 |
|
Provision for Tax
|
161.02 | 486.09 | 473.00 | 277.72 | 109.17 |
|
Profit after Tax
|
600.91 | 1,969.42 | 1,924.00 | 756.01 | 182.67 |
Liabilities (₹ Cr)
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
19,407.35 | 14,337.40 | 21,592.00 | 8,362.15 | 4,839.93 |
|
Minority Interest
|
0.02 | 0.00 | -375.00 | 0.75 | -8.06 |
|
Non-Current Liabilities
|
41,055.65 | 359.91 | 1,07,353.00 | 28,558.93 | 17,409.12 |
|
Current Liabilities
|
6,076.44 | 83,288.45 | 23,023.00 | 3,707.53 | 4,183.94 |
|
Total Liabilities
|
60,381.79 | -- | 1,42,988.00 | 28,145.34 | 22,555.04 |
Assets (₹ Cr)
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
62,185.68 | 794.57 | 1,34,408.00 | 26,058.75 | 21,483.83 |
|
Current Assets
|
2,214.53 | 96,791.22 | 13,123.00 | 11,628.03 | 4,198.29 |
|
Total Assets
|
60,381.79 | -- | 1,42,988.00 | 28,145.34 | 22,555.04 |
|
Total Debt*
|
29,258.18 | -- | 1,01,153.00 | 18,988.05 | 12,400.34 |
|
Net Current Assets
|
-3,861.91 | 13,502.77 | -9,900.00 | 7,920.50 | 14.35 |
|
Contingent Liabilities
|
-- | -- | 150.00 | 202.63 | 1,232.86 |
Cashflow (₹ Cr)
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
2,386.20 | -- | 10,135.00 | 1,248.59 | 1,731.24 |
|
Cash Flow from Investing Activities
|
-12,116.83 | -- | -26,227.00 | -7,317.38 | -5,957.47 |
|
Cash from Financing Activities
|
9,796.20 | -- | 15,615.00 | 7,015.46 | 5,095.40 |
|
Net Cash Inflow / Outflow
|
65.57 | -- | -477.00 | 946.67 | 869.17 |
Ratios
Profitability Ratios
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
ROCE (%)
|
3.73 | -- | 9.90 | 9.23 | 6.69 |
|
ROE (%)
|
3.42 | 14.01 | 9.46 | 11.12 | 3.77 |
|
ROA (%)
|
1.04 | 2.12 | 1.34 | 2.48 | 1.33 |
|
EBIT Margin (%)
|
50.15 | 85.51 | 60.94 | 66.00 | 29.92 |
|
Net Margin (%)
|
16.03 | 22.04 | 12.22 | 23.03 | 6.69 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
49.22 | 16.96 | 21.18 | 53.70 | 44.95 |
|
EBIT Growth (%)
|
47.00 | 13.81 | 28.09 | 52.88 | 56.40 |
|
Net Profit Growth (%)
|
5.11 | 14.31 | -0.21 | 57.49 | 665.57 |
|
EPS Growth (%)
|
8.23 | 11.60 | -16.68 | 32.53 | 1,068.52 |
|
Book Value Growth (%)
|
2.85 | -- | 130.33 | 10.82 | 84.05 |
Valuation Ratios
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Price / Earnings
|
107.81 | 15.90 | 118.68 | 36.21 | 79.69 |
|
Price / Book Value
|
3.65 | 2.18 | 10.81 | 3.41 | 3.01 |
|
Dividend Yield (%)
|
0.00 | 1.21 | 0.00 | 0.05 | 0.00 |
|
EV/EBITDA
|
31.47 | 14.15 | 25.58 | 17.13 | 20.22 |
|
Market Cap (₹ Cr)
|
77,909.95 | -- | 1,32,880.45 | 15,830.92 | 8,999.88 |
Solvency Ratios
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Debt to Equity
|
1.78 | 0.00 | 4.65 | 2.88 | 3.34 |
|
Short term debt to equity ratio
|
-- | -- | 0.51 | 0.13 | 0.14 |
|
Current Ratio
|
0.36 | 1.16 | 0.57 | 3.14 | 1.00 |
|
Quick Ratio
|
0.36 | 1.16 | 0.56 | 3.13 | 0.98 |
|
Interest Coverage
|
1.64 | 1.47 | 1.32 | 1.79 | 1.44 |
Operating Efficiency Ratios
| NTPC Green Energy | Indian Renewable | Adani Green Energy | ACME Solar Holdings | Clean Max Enviro Energy Solutions | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
17.38 | 0.03 | 13.98 | 15.76 | 22.70 |
|
Asset Turnover
|
0.06 | 0.10 | 0.10 | 0.09 | 0.18 |
|
Receivable days
|
72.20 | -- | 51.79 | 64.38 | 44.45 |
|
Inventory Days
|
4.33 | -- | 3.35 | 1.92 | 8.78 |
|
Payable days
|
-- | -- | -- | -- | -- |
|
Cash Conversion Cycle
|
-- | -- | -- | -- | -- |