NHPC Limited — Q2FY27 earnings call summary

Filed 13 November 2026 · Official transcript

Capex guidance Rs. 14,300 Cr FY27; Rs. 14,000-15,000 Cr annually next years; internal accruals sufficient for funding
EBITDA expected to reach Rs. 10,000 Cr post commissioning of upcoming projects in FY28 and beyond
Half Year FY27 generation up 14% to 23,741 MUs; Q2 up 17% to 13,935 MUs
Revenue H1 FY27 Rs. 8,291 Cr (+26%); Q2 Rs. 4,482 Cr (+33%) driven by Subansiri Lower commissioning
PAT H1 FY27 Rs. 2,645 Cr (+27%); Q2 Rs. 1,549 Cr (+52%); adjusted Q2 PAT higher by Rs. 231 Cr provision
Subansiri Lower 1,250 MW commissioned; full commissioning expected by June 2027; PAT Rs. 1,500-1,600 Cr expected post full commissioning
Multiple projects progressing on schedule including Dibang, Teesta-VI, Pakal Dul, Kiru, and solar projects
Net receivables improved; Rs. 1,159 Cr as of Nov 3 with only Rs. 6 Cr overdue >45 days