NHPC Ltd (BOM:533098)
₹ 80.76 -0.32 (-0.39%) Market Cap: 811.24 Bil Enterprise Value: 1.12 Tn PE Ratio: 27.28 PB Ratio: 1.78 GF Score: 83/100

Q2 2025 NHPC Ltd Earnings Call Transcript

Nov 08, 2024 / 10:00AM GMT
Release Date Price: ₹82.33 (-2.60%)

Key Points

Positve
  • NHPC Ltd (BOM:533098) achieved significant progress in its ongoing projects, with 94% physical progress in the Swansea Lower project and 98% in the Poverty project.
  • The company has successfully commissioned an 88 MW floating solar power project, showcasing its commitment to renewable energy.
  • NHPC Ltd (BOM:533098) has secured a substantial investment plan of INR50,000 crore for renewable energy projects in Rajasthan.
  • The company has maintained a strong regulated equity position, expected to more than double from INR13,000 crore to INR28,500 crore over the next four years.
  • NHPC Ltd (BOM:533098) has received approval for laying transmission lines for a 300 MW solar project in Rajasthan, indicating progress in infrastructure development.
Negative
  • NHPC Ltd (BOM:533098) experienced an 11% decrease in power generation due to flash floods and landslides affecting key power stations.
  • The company's revenue from operations decreased by 2% compared to the previous year, primarily due to lower power generation.
  • Profit after tax for the half-year was 23% lower than the corresponding period last year, impacted by reduced generation and increased expenses.
  • The company faces under-recovery issues due to the shutdown of the Pisa high power station, with an estimated annual loss of INR450 crore.
  • NHPC Ltd (BOM:533098) is experiencing delays in signing power purchase agreements for some renewable energy projects, potentially affecting future revenue streams.
Operator

Ladies and gentlemen, good day. And welcome to NSPC Limited Q2 FY25 earnings conference call hosted by Elara Securities Private Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Rupesh Sankhe from Elara Securities Private Limited. Thank you, and over to you, sir.

Rupesh Sankhe
Elara Securities Private Limited - Analyst

Yeah. Good afternoon, everyone. On behalf of Elara Securities, we welcome you all for the Q2 FY25 conference call of NHPC. So I take this opportunity to welcome the management of NHPC represented by Mr. R.K. Chaudhary sir, Chairman and Managing Director; Mr. R.P. Goyal, Director of Finance; Mr. Uttam Lal, Director Personnel; and Mr. Sanjay Kumar Singh, Director of Project.

(Event Instructions) I will now hand over the call to Mr. R.K. Chaudhary for his opening remarks. Over to you, sir.

Raj Chaudhary
NHPC Ltd - Chairman and Managing Director

Good afternoon, friends. The NHPC Board has adopted half yearly

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot