NTPC vs Power Grid Corporation of India: share price & financials comparison
NSE: NTPC vs POWERGRID · Power · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
NTPC vs Power Grid Corporation of India at a glance
NTPC (NTPC) has a market capitalisation of ₹3,13,639 Cr, against ₹2,41,723 Cr for Power Grid Corporation of India (POWERGRID). Over the past year NTPC has returned -6.9%, compared with -12.0% for Power Grid Corporation of India. On valuation, NTPC trades at a lower P/E of 10.6 versus 14.9. Power Grid Corporation of India earns a higher return on equity (15.2% vs 13.9%). NTPC comes out ahead on size, valuation, growth and financial health. Power Grid Corporation of India comes out ahead on profitability and technicals. Across the scored metrics below, NTPC leads on 10 and Power Grid Corporation of India on 8. On StoxGud's 10-point checklist, NTPC scores 5/10 and Power Grid Corporation of India scores 6/10.
| Metric | NTPC | Power Grid Corporation of India |
|---|---|---|
| Size | ||
| Market cap | ₹3,13,639 Cr | ₹2,41,723 Cr |
| Revenue (latest FY) | ₹1,87,385 Cr | ₹46,733 Cr |
| Net profit (latest FY) | ₹27,053 Cr | ₹15,928 Cr |
| Valuation | ||
| P/E | 10.6 | 14.9 |
| P/B | 1.47 | 2.26 |
| Dividend yield | 2.79% | 3.46% |
| Profitability | ||
| Return on equity | 13.9% | 15.2% |
| Net profit margin | 14.8% | 34.2% |
| Operating margin | 30.8% | 82.3% |
| Growth | ||
| Revenue growth (YoY) | +21.2% | +3.0% |
| Net profit growth (YoY) | +38.7% | +8.4% |
| Revenue CAGR (multi-year) | +10.9% | +3.3% |
| Financial health | ||
| Debt to equity | 1.29 | 1.42 |
| Momentum | ||
| 1-month return | +2.1% | +2.7% |
| 1-year return | -6.9% | -12.0% |
| 3-year CAGR | +11.1% | +7.7% |
| 5-year CAGR | +18.2% | +12.9% |
| 10-year CAGR | +9.6% | +10.3% |
| Distance from 52W high | -21.1% | -19.0% |
| Technicals | ||
| RSI (14) | 57 | 61 |
| Price vs 200-day avg | -8.9% | -8.1% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | NTPC | Power Grid Corporation of India |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✗ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 5/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, NTPC or Power Grid Corporation of India?
NTPC has a market cap of ₹3,13,639 Cr and Power Grid Corporation of India has a market cap of ₹2,41,723 Cr as of 06 Nov 2026.
Which has a lower P/E, NTPC or Power Grid Corporation of India?
NTPC has the lower P/E: NTPC trades at 10.6 and Power Grid Corporation of India at 14.9.
Which gave better returns in the last year, NTPC or Power Grid Corporation of India?
NTPC did better: NTPC returned -6.9% and Power Grid Corporation of India returned -12.0% over one year.
Is NTPC or Power Grid Corporation of India a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist NTPC scores 5/10 and Power Grid Corporation of India scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.