NHPC Q4 Profit Jumps 71% YoY, Margins Ease

📰 Key Highlights Net Profit: ₹14.6B vs ₹8.54B YoY → +71% growth Revenue: ₹28.2B vs ₹23.47B YoY → +20% growth EBITDA: ₹12B vs ₹10.9B YoY → +10% growth EBITDA Margin: 42.44% vs 46.46% YoY → margin contraction of ~402 bps 🔎 Fundamentals Profit surge driven by higher generation and improved realizations. Revenue growth reflects strong demand for hydro power. Margins contracted due to higher operating costs and project mix. ⚡ Business Focus Expanding capacity in hydropower and renewable energy projects. Strengthening role in India’s clean energy transition. Leveraging government push for green energy and sustainability. ⚠️ Risks Seasonal dependence on monsoon and water inflows. Regulatory and tariff changes in power sector. Project delays and cost overruns in large hydro projects. 📈 Outlook Strong order book and pipeline provide growth visibility. Margins may stabilize as new projects achieve scale. NHPC positioning itself as a key renewable energy PSU driving India’s hydro power expansion.