NTPC Ltd. (NTPC) results explained: sales up 21%

Quantooo Lab · 2026-10-31

What happened?

NTPC Ltd. (NTPC) reported results on 31 Oct, covering the 3 months to 30 Sep.

The numbers in plain words

Sales were up 21.2% compared with the same period a year earlier. Out of every 100 of sales, about 12 was left as profit before tax (pre-tax margin 12.3%), higher than a year earlier (11.3%). The company is funded less by borrowing than a year ago (62% of assets vs 63%).

Source: the company's NSE results (nse ixbrl) filed 2026-10-31.

How did the share price react?

Since the results, the share price has moved +1.68% (to the close of 3 Nov), while the Nifty 50 moved +3.29%.

What changed in our score?

Our score went from 54 to 58 out of 100; the fundamentals part went from 56 to 61. Every step of the calculation: NTPC stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be about as usual for NTPC (25% a year vs a normal 25%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.