NTPC's Q4 Performance and Strategic Developments: Goldman Sachs Analysis
) has analyzed NTPC’s fourth-quarter performance for FY24, noting an adjusted consolidated profit after tax of Rs 53 billion, slightly below the estimated INR 55 billion. This shortfall was due to higher-than-expected fixed cost under-recovery from operational issues at the Barh and Barauni power plants.
NTPC's new coal project pipeline stands at 15.2 GW, with over 10 GW expected to be ordered in FY25. Additionally, NTPC is entering the nuclear energy sector, planning to order the 2.8 GW Mahi Banswara nuclear power plant in partnership with the Nuclear Power Corporation of India within the current fiscal year. This move into nuclear energy is expected to ensure long-term growth stability for NTPC's core business after the renewable business monetization.
Another thing to note is the stock has already run up 116% in the last one year, therefore waiting for the prices to cool down before going on the stock might be a better strategy.Subscribe to InvestingPro now at a discount of up to 69%, for just INR 216/month and unlock the full potential of your investments.
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