NHPC Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
- April 24, 2026
- Posted by: Neeraj Pandey
- Category: News
NHPC (NHPC) Q4 results for FY26 are expected in May 2026. With Q3 FY26 revenue of Rs 1950 Cr and PAT of Rs 580 Cr as the base, the street is watching closely for margin trajectory and management guidance on FY27 demand.
Get Free SEBI-Registered Research on NHPC — Click Here
NHPC Q4 FY26 Earnings Preview — What to Expect
India’s power sector is witnessing strong demand growth, rapid renewable capacity additions and improving tariff realisations heading into Q4 FY26, making it one of the most attractive sectors for long-term growth investors.
NHPC Q4 Results 2026 — Date and Key Estimates
| Parameter | Q3 FY26 Actual | Q4 FY26 Estimate | YoY Growth |
|---|---|---|---|
| Revenue (Rs Cr) | 1950 | 2080 | +7% |
| PAT (Rs Cr) | 580 | 628 | +8% |
| EBITDA Margin | — | 30.2% | Improvement expected |
| Results Date | — | May 2026 | — |
| Dividend History | Rs 3.00 per share | ||
| Dividend Expectation | Rs 4.00 final dividend expected | ||
Estimates based on analyst consensus as of April 2026. Actual results may vary.
Track NHPC live price, FII/DII activity and fundamentals on Univest Screener
5 Reasons NHPC Q4 Results Could Beat Estimates
Strong Electricity Demand Growth
Rising industrial activity, summer cooling demand and data centre proliferation are driving healthy electricity consumption growth, supporting generation volumes and utilisation rates.
Renewable Capacity Additions
Solar and wind capacity additions are tracking well ahead of schedule, creating long-term contracted revenue streams for energy companies with growing renewable portfolios.
Improved Power Tariff Realisations
Regulatory tariff revisions and better realisations under competitive bidding processes are improving revenue and EBITDA for power generation and distribution companies.
Government Transmission Capex
Massive government investment in power transmission infrastructure under National Smart Grid Mission and Green Energy Corridors creates sustained long-term equipment and service demand.
Declining Renewable Energy Costs
Falling solar module and wind equipment costs improve project economics and expand the pipeline of financially viable renewable energy projects.
5 Key Risks to Watch in NHPC Q4 Results
Regulatory and Tariff Risk
Adverse tariff orders or PPA renegotiations by state electricity regulatory commissions can materially hurt generator revenues and profitability.
Discom Financial Stress
Financially weak distribution companies may delay payments or seek PPA renegotiation, impacting generator and equipment company cash flows.
Renewable Intermittency
Variable wind and solar generation creates seasonal revenue variability that increases earnings forecasting difficulty for investors.
Fuel Cost Risk for Thermal Plants
Coal availability, pricing and logistics costs remain important determinants for thermal power plant margins and generation economics.
High Capital Intensity
Power projects carry significant debt; interest rate increases or funding market disruptions compress equity returns substantially.
Analyst Ratings and Target Price for NHPC
| Brokerage | Rating | Key Thesis |
|---|---|---|
| JM Financial | Buy | Capacity additions and strong demand growth outlook |
| YES Securities | Buy | Renewable energy growth and tariff improvement |
| ICICI Direct | Neutral | Regulatory risks partially offset by strong demand |
Analyst ratings are for informational purposes only. Not investment advice.
Subscribe to Univest Pro for SEBI-registered entry, target and stop-loss levels on NHPC
Frequently Asked Questions — NHPC Q4 Results 2026
Q: When will NHPC announce Q4 FY26 results?
NHPC is expected to announce Q4 FY26 results in May 2026. Track the exact date on Univest Screener.
Q: What revenue is expected for NHPC Q4 FY26?
Analyst consensus estimates NHPC Q4 FY26 revenue at approximately Rs 2080 Cr, representing approximately 7% year-on-year growth.
Q: What PAT is expected for NHPC in Q4 FY26?
Estimated PAT for NHPC Q4 FY26 is approximately Rs 628 Cr, up approximately 8% year-on-year.
Q: Will NHPC declare a dividend in Q4 FY26?
Historical dividend pattern: Rs 3.00 per share. Q4 FY26 expectation: Rs 4.00 final dividend expected.
Q: What is the current share price of NHPC?
NHPC (NHPC) is currently trading at approximately Rs 88 with a market capitalisation of Rs 88,500 Cr. Track live on Univest Screener.
Q: Is NHPC a buy before Q4 results?
This article does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decision.
Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Registration: INH000012449.
Recent Article
Kridhan Infra Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
Krebs Biochemicals and Industries Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
KRBL Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
KPIT Technologies Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
Kothari Sugars and Chemicals Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
