NTPC

3 Nov 2022 , 08:26 PM

  Net sales (including other operating income) of NTPC has increased 36.33% to Rs 44175.03 crore.  Operating profit margin has declined from 27.7% to 24.7%, leading to 22% rise in operating profit to Rs 10929.17 crore.   Other income fell 26.82% to Rs 506.47 crore   Provision for interest rose 38.70% to Rs 3067.9 crore.      Provision for depreciation rose 11.26% to Rs 3687.23 crore.   Profit before tax grew 13% to Rs 4680.51 crore.  Share of profit from associate was a loss of Rs 145.92 crore against a profit of Rs 324.05 crore. Thus the PBT before EO was up 1% to Rs 4534.59 crore. Provision for tax was expense of Rs 1990.6 crore, compared to Rs 1281.28 crore.  PAT was down 20% to Rs 2543.99 crore. Regulatory Income was up 74% to Rs 873.68 crore. PAT after RI was down 7% to Rs 3417.67 crore. Minority interest was down 14% to Rs 79.22 crore.    Net profit attributable to owners of the company decreased 7% to Rs 3,338.45 crore.  Fall  in net profit despite strong operating show was largely due to RS 469.97 crore swing in share of profit/loss from associate to a loss of Rs 145.92 crore and higher taxation.         

Sales for the quarter include capacity charges and energy charges pertaining to earlier period amounting Rs 282.18 crore (down 252%) and negative Rs 152.26 crore (against Rs 16.48 crore) respectively. Similarly sales for the period include income tax recoverable and deferred tax materialized which is recoverable from beneficiary as per regulations amounting RS 262.97 crore (against nil) and Rs 25.43 crore (up 1%).        

Sales of Generation segment has gone up 37.43% to Rs 43,284.12 crore (accounting for 93.79% of total sales).  Sales of Others segment has gone up 15.88% to Rs 2,867.62 crore (accounting for 6.21% of total sales).  Inter-segment sales rose Rs 1,060.92 crore to Rs 1,497.20 crore.         

Profit before interest, tax and other unallocable items (PBIT) has jumped 29.26% to Rs 8,844.74 crore.  PBIT of Generation segment rose 28.91% to Rs 8,648.18 crore (accounting for 97.78% of total PBIT).  PBIT of Others segment rose 46.30% to Rs 196.56 crore (accounting for 2.22% of total PBIT).         

PBIT margin of Generation segment fell from 21.30% to 19.98%.  PBIT margin of Others segment rose from 5.43% to 6.85%.  Overall PBIT margin fell from 20.14% to 19.16%.  
Half yearly performance Net sales (including other operating income) of NTPC has increased 40.23% to Rs 87352.17 crore.  Operating profit margin has declined from 28.6% to 24.9%, leading to 22% rise in operating profit to Rs 21725.28 crore.  Other income fell 25.50% to Rs 890.05 crore.     Provision for interest rose 18.56% to Rs 5544.7 crore.    Provision for depreciation rose 10.96% to Rs 7228.73 crore.   Profit before tax grew 25% to Rs 9841.90 crore.  Share of profit/loss was 77.10% lower at Rs 120.57 crore.  PBT after SOPA was up 19% to Rs 9962.47 crore. Provision for tax was expense of Rs 3520.62 crore, compared to Rs 2559.06 crore.   PAT was up 11% to Rs 6441.85 crore. RI Was down 28% to Rs 953.59 crore. Thus PAT after RI was up 4% to Rs 7395.44 crore.  Minority interest decreased 2.97% to Rs 120.17 crore.  Net profit attributable to owners of the company increased 4% to Rs 7,275.27 crore.     Sales of Generation segment has gone up 41.49% to Rs 85,322.43 crore (accounting for 93.63% of total sales).  Sales of Others segment has gone up 15.02% to Rs 5,802.35 crore (accounting for 6.37% of total sales).  Inter-segment sales rose Rs 2,066.62 crore to Rs 2,930.12 crore.   Profit before interest, tax and other unallocable items (PBIT) has jumped 18.99% to Rs 16,676.11 crore.  PBIT of Generation segment rose 18.70% to Rs 16,336.36 crore (accounting for 97.96% of total PBIT).  PBIT of Others segment rose 34.68% to Rs 339.75 crore (accounting for 2.04% of total PBIT).   PBIT margin of Generation segment fell from 22.82% to 19.15%.  PBIT margin of Others segment rose from 5.00% to 5.86%.  Overall PBIT margin fell from 21.45% to 18.30%.     Other developments Equity capital stood at Rs 9,696.67 crore as of 30 September 2022 to Rs 9,696.67 crore as of 30 September 2021.  Per share face Value remained same at Rs 10.00.   Promoters stake was 51.10% as of 30 September 2022 ,compared to 51.10% as of 30 September 2021 .   Loan funds rose to Rs 2,23,205.91 crore as of 30 September 2022 from Rs 2,08,540.95 crore as of 30 September 2021.  Inventories rose to Rs 13,146.52 crore as of 30 September 2022 from Rs 7,567.53 crore as of 30 September 2021.  Sundry debtors were higher at Rs 32,702.33 crore as of 30 September 2022 compared to Rs 18,572.68 crore as of 30 September 2021.  Cash and bank balance declined from Rs 10,000.94 crore as of 30 September 2021 to Rs 5,466.34 crore as of 30 September 2022.  Investments rose to Rs 13,523.33 crore as of 30 September 2022 from Rs 10,534.18 crore as of 30 September 2021 .  Sales of Generation segment has gone up 41.49% to Rs 85,322.43 crore (accounting for 93.63% of total sales).  Sales of Others segment has gone up 15.02% to Rs 5,802.35 crore (accounting for 6.37% of total sales).  Inter-segment sales rose Rs 2,066.62 crore to Rs 2,930.12 crore.   Cash flow from operating activities decreased to Rs 12,396.74 crore for YTD ended September 2022 from Rs 22,664.02 crore for YTD ended September 2021.  Cash flow used in acquiring fixed assets during the YTD ended September 2022 stood at Rs 13,227.68 crore, compared to Rs 10,296.49 crore during the YTD ended September 2021.  
 

NTPC : Consolidated Results
Particulars	2209 (3)	2109 (3)	Var.(%)	2209 (6)	2109 (6)	Var.(%)	202203 (12)	202103 (12)	Var.(%)
Net Sales (including other operating income)	44175.03	32403.58	36	87352.17	62291.60	40	132669.28	111531.15	19
OPM (%)	24.7	27.7		24.9	28.6		30.4	30.5
OP	10929.17	8980.10	22	21725.28	17842.11	22	40279.56	33973.83	19
Other Inc.	506.47	692.09	-27	890.05	1194.67	-25	2325.03	4015.68	-42
PBIDT	11435.64	9672.19	18	22615.33	19036.78	19	42604.59	37989.51	12
Interest	3067.90	2211.93	39	5544.70	4676.70	19	9315.98	9224.14	1
PBDT	8367.74	7460.26	12	17070.63	14360.08	19	33288.61	28765.37	16
Depreciation	3687.23	3314.12	11	7228.73	6514.83	11	13787.83	12450.31	11
PBT	4680.51	4146.14	13	9841.90	7845.25	25	19500.78	16315.06	20
Share of Profit/(Loss) from Associates	-145.92	324.05	PL	120.57	526.45	-77	1020.13	683.87	49
PBT before EO	4534.59	4470.19	1	9962.47	8371.70	19	20520.91	16998.93	21
EO Income	0.00	0.00		0.00	0.00		0.00	-1512.19
PBT after EO	4534.59	4470.19	1	9962.47	8371.70	19	20520.91	15486.74	33
Taxation	1990.60	1281.28	55	3520.62	2559.06	38	5047.10	2420.53	109
PAT	2543.99	3188.91	-20	6441.85	5812.64	11	15473.81	13066.21	18
Regulatory Income	873.68	502.04	74	953.59	1322.03	-28	1486.48	1903.19	-22
PAT after RI	3417.67	3690.95	-7	7395.44	7134.67	4	16960.29	14969.40	13
Profit from discontinued operations	0.00	0.00		0.00	0.00		0.00	0.00
Minority Int  (Net of OCI attributable to non controlling interest) [MI]	79.22	91.69	-14	120.17	123.85	-3	284.39	334.77	-15
Net profit	3338.45	3599.26	-7	7275.27	7010.82	4	16675.90	14634.63	14
EPS (Rs)*							17.5	16.5
Notes
* EPS is on current equity of Rs 9,696.67 crore, Face value of Rs 10, Excluding extraordinary items.
EPS is not annualised
bps : Basis points
EO : Extraordinary items
Figures in Rs crore
Source: Capitaline Corporate Database

     

NTPC : Consolidated Segment Results

Quarter ended Year to Date Year ended % of (Total) 202209 202109 Var.(%) % of (Total) 202209 202109 Var.(%) % of (Total) 202203 202103 Var.(%) Sales Generation 93.79 43,284.12 31,495.23 37.43 93.63 85,322.43 60,300.92 41.49 92.64 1,29,041.81 1,09,878.24 17.44 Others 6.21 2,867.62 2,474.55 15.88 6.37 5,802.35 5,044.71 15.02 7.36 10,246.80 9,038.50 13.37 Total Reported Sales 100.00 46,151.74 33,969.78 35.86 100.00 91,124.78 65,345.63 39.45 100.00 1,39,288.61 1,18,916.74 17.13 Less: Inter segment revenues   1,497.20 1,060.92 41.12   2,930.12 2,066.62 41.78   4,554.92 3,486.51 30.64 Net Sales 100.00 44,654.54 32,908.86 35.69 100.00 88,194.66 63,279.01 39.37 100.00 1,34,733.69 1,15,430.23 16.72 PBIT Generation 97.78 8,648.18 6,708.50 28.91 97.96 16,336.36 13,762.37 18.70 97.78 29,850.29 27,871.73 7.10 Others 2.22 196.56 134.35 46.30 2.04 339.75 252.26 34.68 2.22 676.60 100.83 571.03 Total PBIT 100.00 8,844.74 6,842.85 29.26 100.00 16,676.11 14,014.63 18.99 100.00 30,526.89 27,972.56 9.13 Less : Interest 3,067.90 2,211.93 38.70 5,544.70 4,676.70 18.56 9,315.98 9,224.14 1.00 Add: Other un-allcoable -171.12 449.39 PL -8.39 639.72 PL 1,100.47 -970.99 LP PBIT Margin(%) Generation   19.98 21.30 -132.00   19.15 22.82 -367.62   23.13 25.37 -223.38 Others   6.85 5.43 142.52   5.86 5.00 85.49   6.60 1.12 548.75 PBT 100.00 5,605.72 5,080.31 10.34 100.00 11,123.02 9,977.65 11.48 100.00 22,311.38 17,777.43 25.50

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