NTPC Green Energy Limited (NTPCGREEN) - Net Assets
Based on the latest financial reports, NTPC Green Energy Limited (NTPCGREEN) has net assets worth Rs188.40 Billion INR (≈ $2.04 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs484.14 Billion ≈ $5.24 Billion USD) and total liabilities (Rs295.73 Billion ≈ $3.20 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NTPCGREEN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs188.40 Billion |
| % of Total Assets | 38.92% |
| Annual Growth Rate | 94.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.92 |
NTPC Green Energy Limited - Net Assets Trend (2023–2025)
This chart illustrates how NTPC Green Energy Limited's net assets have evolved over time, based on quarterly financial data. See NTPC Green Energy Limited (NTPCGREEN) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NTPC Green Energy Limited (2023–2025)
The table below shows the annual net assets of NTPC Green Energy Limited from 2023 to 2025. For live valuation and market cap data, see how much is NTPC Green Energy Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs185.32 Billion ≈ $2.00 Billion |
+197.36% |
| 2024-03-31 | Rs62.32 Billion ≈ $673.99 Million |
+27.51% |
| 2023-03-31 | Rs48.87 Billion ≈ $528.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NTPC Green Energy Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 488.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs9.88 Billion | 5.36% |
| Common Stock | Rs84.26 Billion | 45.70% |
| Other Components | Rs90.26 Billion | 48.95% |
| Total Equity | Rs184.40 Billion | 100.00% |
NTPC Green Energy Limited Competitors by Market Cap
The table below lists competitors of NTPC Green Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Jingce Electronic Technology Co Ltd
SHE:300567
|
$8.75 Billion |
|
CareTrust REIT Inc.
NYSE:CTRE
|
$8.76 Billion |
|
The Lottery Corporation Ltd
AU:TLC
|
$8.76 Billion |
|
ViaSat Inc
NASDAQ:VSAT
|
$8.76 Billion |
|
Acuity Brands Inc
NYSE:AYI
|
$8.75 Billion |
|
Grupo Aeroportuario del Sureste SAB de CV ADR
F:AEDA
|
$8.75 Billion |
|
Subsea 7 S.A.
F:SOC
|
$8.74 Billion |
|
Freedom Holding Corp
NASDAQ:FRHC
|
$8.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NTPC Green Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 62,321,400,000 to 184,403,400,000, a change of 122,082,000,000 (195.9%).
- Net income of 4,754,800,000 contributed positively to equity growth.
- New share issuances of 117,803,900,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.75 Billion | +2.58% |
| Share Issuances | Rs117.80 Billion | +63.88% |
| Other Changes | Rs-476.70 Million | -0.26% |
| Total Change | Rs- | 195.89% |
Book Value vs Market Value Analysis
This analysis compares NTPC Green Energy Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.56x to 3.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-03-31 | Rs5.80 | Rs96.04 | x |
| 2024-03-31 | Rs7.40 | Rs96.04 | x |
| 2025-03-31 | Rs26.17 | Rs96.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NTPC Green Energy Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.52%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.46x
- Recent ROE (2.58%) is below the historical average (3.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 3.50% | 103.95% | 0.01x | 3.77x | Rs-3.18 Billion |
| 2024 | 5.50% | 18.07% | 0.07x | 4.37x | Rs-2.80 Billion |
| 2025 | 2.58% | 21.52% | 0.05x | 2.46x | Rs-13.69 Billion |
Industry Comparison
This section compares NTPC Green Energy Limited's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $38,230,040,143
- Average return on equity (ROE) among peers: -25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NTPC Green Energy Limited (NTPCGREEN) | Rs188.40 Billion | 3.50% | 1.57x | $8.75 Billion |
| ACME Solar Holdings Limited (ACMESOLAR) | $592.03 Million | -114.88% | 138.86x | $2.21 Billion |
| Adani Green Energy Limited (ADANIGREEN) | $21.26 Billion | 9.88% | 12.51x | $26.76 Billion |
| Inox Green Energy Services Limited (INOXGREEN) | $489.48 Million | -107.33% | 37.85x | $866.10 Million |
| Karma Energy Limited (KARMAENG) | $320.72 Million | -14.55% | 3.85x | $5.08 Million |
| KPI Green Energy Limited (KPIGREEN) | $1.54 Billion | 28.13% | 4.06x | $873.20 Million |
| NHPC Limited (NHPC) | $198.62 Billion | 5.97% | 1.07x | $8.24 Billion |
| SJVN Limited (SJVN) | $44.80 Billion | 13.17% | 0.94x | $3.10 Billion |
About NTPC Green Energy Limited
NTPC Green Energy Limited engages in the renewable energy generation business in India. The company has a portfolio of 17,277 MWs solar and wind projects. It also offers consultancy services, project management, and supervision services. The company was incorporated in 2022 and is based in New Delhi, India. NTPC Green Energy Limited is a subsidiary of NTPC Limited.