NTPC Limited (NTPC) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.253x

Based on the latest financial reports, NTPC Limited (NTPC) has a cash flow conversion efficiency ratio of 0.253x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs504.91 Billion ≈ $5.46 Billion USD) by net assets (Rs2.00 Trillion ≈ $21.58 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NTPC Limited balance sheet independence to measure how much of total assets are equity-financed.

NTPC Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how NTPC Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NTPC operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

NTPC Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of NTPC Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
OTP Bank Nyrt BUD:OTP	-0.264x
Asia Vital Components Co Ltd TW:3017	0.271x
Semiconductor Manufacturing Intl Co SHG:688981	0.028x
Jabil Circuit Inc NYSE:JBL	0.305x
Kimberly-Clark Corporation NASDAQ:KMB	0.588x
Hyundai Heavy Industries Co Ltd KO:329180	-0.029x
Bajaj Finserv Limited NSE:BAJAJFINSV	-0.180x
Shandong Hongchuang Aluminum Industry Holding Co Ltd SHE:002379	-0.013x

Annual Cash Flow Conversion Efficiency for NTPC Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of NTPC Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see NTPC Limited (NTPC) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs1.91 Trillion ≈ $20.67 Billion	Rs504.36 Billion ≈ $5.45 Billion	0.264x	+6.84%
2024-03-31	Rs1.65 Trillion ≈ $17.86 Billion	Rs407.85 Billion ≈ $4.41 Billion	0.247x	-6.91%
2023-03-31	Rs1.51 Trillion ≈ $16.33 Billion	Rs400.52 Billion ≈ $4.33 Billion	0.265x	-11.66%
2022-03-31	Rs1.39 Trillion ≈ $15.05 Billion	Rs417.88 Billion ≈ $4.52 Billion	0.300x	+19.66%
2021-03-31	Rs1.29 Trillion ≈ $13.98 Billion	Rs324.44 Billion ≈ $3.51 Billion	0.251x	+24.72%
2020-03-31	Rs1.22 Trillion ≈ $13.21 Billion	Rs245.83 Billion ≈ $2.66 Billion	0.201x	+36.11%
2019-03-31	Rs1.11 Trillion ≈ $11.97 Billion	Rs163.67 Billion ≈ $1.77 Billion	0.148x	-21.42%
2018-03-31	Rs1.05 Trillion ≈ $11.30 Billion	Rs196.63 Billion ≈ $2.13 Billion	0.188x	-9.91%
2017-03-31	Rs986.41 Billion ≈ $10.67 Billion	Rs206.00 Billion ≈ $2.23 Billion	0.209x	+24.72%
2016-03-31	Rs920.36 Billion ≈ $9.95 Billion	Rs154.11 Billion ≈ $1.67 Billion	0.167x	-4.19%
2015-03-31	Rs843.76 Billion ≈ $9.12 Billion	Rs147.46 Billion ≈ $1.59 Billion	0.175x	-4.90%
2014-03-31	Rs896.20 Billion ≈ $9.69 Billion	Rs164.69 Billion ≈ $1.78 Billion	0.184x	-7.20%
2013-03-31	Rs833.65 Billion ≈ $9.02 Billion	Rs165.08 Billion ≈ $1.79 Billion	0.198x	-1.57%
2012-03-31	Rs748.71 Billion ≈ $8.10 Billion	Rs150.62 Billion ≈ $1.63 Billion	0.201x	+14.74%
2011-03-31	Rs688.70 Billion ≈ $7.45 Billion	Rs120.75 Billion ≈ $1.31 Billion	0.175x	-7.50%
2010-03-31	Rs629.07 Billion ≈ $6.80 Billion	Rs119.23 Billion ≈ $1.29 Billion	0.190x	+10.95%
2009-03-31	Rs599.51 Billion ≈ $6.48 Billion	Rs102.42 Billion ≈ $1.11 Billion	0.171x	-13.03%
2008-03-31	Rs529.87 Billion ≈ $5.73 Billion	Rs104.08 Billion ≈ $1.13 Billion	0.196x	+15.31%
2007-03-31	Rs487.60 Billion ≈ $5.27 Billion	Rs83.06 Billion ≈ $898.29 Million	0.170x	+21.61%
2006-03-31	Rs450.01 Billion ≈ $4.87 Billion	Rs63.04 Billion ≈ $681.72 Million	0.140x	+14.79%
2005-03-31	Rs418.08 Billion ≈ $4.52 Billion	Rs51.02 Billion ≈ $551.74 Million	0.122x	--

About NTPC Limited

NSE:NTPC India Utilities - Regulated Electric

Market Cap

$36.18 Billion

Rs3.35 Trillion INR

Market Cap Rank

#752 Global

#16 in India

Share Price

Rs345.00

Change (1 day)

-1.40%

52-Week Range

Rs318.50 - Rs410.20

All Time High

Rs440.49