Q4FY23 Preview NTPC: Revenue seen at Rs. 40,983 crore, PAT at Rs. 4,738 crore

17 May 2023 , 02:02 PM

Result date: 19^th May, 2023

Recommendation: Buy

Target price: Rs. 200

(Source: IIFL Research)

NTPC could report 25% growth in revenue as compared to the year-ago quarter; amid strong production levels, increased growth in regulated equity and higher generation and commissioning of renewable projects. 

EBITDA could grow 27% over the year-ago quarter. NTPC’s Profit After Tax or PAT could decline 2.5% on a year-on-year basis.

Rs Crore	March 2023 estimates	YoY change	QoQ change
Revenue	40,983	24.5%	(0.5)%
EBITDA	12,701	26.55%	(3.2)%
Profit After Tax	4,738	(2.5)%	5.8%

Source: Brokerage estimates