NTPC Green Energy Share Price Falls Over 4% Despite Revenue Jumps to 46.66% For Q4FY26; Announces Rs 5,000 Crore Fund Raising Plan
DSIJ Intelligence / 25 May 2026 / Categories: Mindshare, Quarterly Results, Trending
NTPC Green Energy reported revenue growth in Q4FY26 and FY26, while quarterly profitability declined. The company also approved plans to raise up to Rs 5,000 crore and announced a renewable energy joint venture with CtrlS Datacenters.
On Monday, the Indian equity benchmarks traded higher during the morning session, with the benchmark Nifty 50 index rising 1.09 per cent to 23,978.50. Renewable energy stocks remained in focus following quarterly earnings announcements. In this segment, NTPC Green Energy share price declined 2.18 per cent to Rs 102.11 despite the company reporting strong revenue growth for Q4FY26 and FY26.
Q4FY26 Financial Performance
NTPC Green Energy Limited (NGEL) reported a 46.66 per cent YoY increase in consolidated revenue from operations to Rs 912.63 crore for the quarter ended March 31, 2026, compared with Rs 622.27 crore reported in the corresponding quarter previous year. Total income during the quarter stood at Rs 942.49 crore against Rs 751.50 crore in Q4FY25.
However, quarterly profitability declined during the period. Profit before Tax (PBT) fell 19.47 per cent YoY to Rs 247.26 crore from Rs 307.02 crore reported in the year-ago quarter. Profit after tax (PAT) declined 15.45 per cent YoY to Rs 197.17 crore as against Rs 233.21 crore reported in Q4FY25. Earnings per share stood at Rs 0.23 during the quarter compared with Rs 0.28 in the corresponding quarter previous year.
FY26 Annual Performance
For the full financial year ended March 31, 2026, consolidated revenue from operations increased 29.36 per cent to Rs 2,858.42 crore from Rs 2,209.64 crore reported in FY25. Total income rose to Rs 3,035.12 crore during FY26. Profit before tax grew 4.60 per cent to Rs 682.66 crore compared with Rs 652.63 crore in the previous financial year, while profit after tax increased 9.96 per cent to Rs 521.35 crore from Rs 474.12 crore reported in FY25.
Balance Sheet Expansion
The company’s balance sheet expanded significantly during FY26. Total consolidated assets increased to Rs 60,381.79 crore as of March 31, 2026, compared with Rs 45,421.44 crore a year earlier. Property, plant and equipment nearly doubled to Rs 39,200.27 crore from Rs 21,815.93 crore, reflecting ongoing renewable energy capacity expansion and project execution.
Fund Raising And Expansion Plans
During FY26, NGEL issued Rs 1,500 crore worth of unsecured, redeemable non-convertible debentures through private placement for financing capital expenditure, refinancing and funding subsidiaries and joint ventures.
Additionally, the Board approved raising funds up to Rs 5,000 crore during FY27 through bonds or non-convertible debentures in one or more tranches. The company also approved incorporation of a joint venture with CtrlS Datacenters Limited for development of renewable energy projects.
About The Company
NTPC Green Energy Limited is the renewable energy subsidiary of NTPC Limited and focuses on Solar, wind, hybrid systems, energy storage and green hydrogen projects across India. The company operates through subsidiaries and joint ventures and is engaged in renewable power generation and consultancy services.
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Disclaimer: The article is for informational purposes only and not investment advice.