NTPC Ltd.

Financial

	NTPC	Adani Power	Adani Green Energy
Operational Metrics
Power Generation Sector
Generation Capacity - Conventional Energy	71110.0 MW	15210.0 MW	n/a
Generation Capacity - Electricity	75958.0 MW	17550.0 MW	14243.0 MW
Realization / Unit - Electricity	5.0 Rs/Unit	6.3 Rs/Unit	n/a
Generation Capacity - Hydro Electricity	3725.0 MW	n/a	n/a
Capacity Utilization - Hydro Electricity	37.97 %	n/a	n/a
Capacity Utilization - Renewable	22.42 %	n/a	n/a
Capacity Utilization - Electricity	48.68 %	71.0 %	n/a
Capacity Utilization - Thermal	68.25 %	n/a	n/a
Generation Capacity - Thermal	67385.0 MW	15210.0 MW	n/a
Renewable
Generation Capacity - Renewable	3600.0 MW	n/a	14243.0 MW
Financials
5 yr Average ROE	11.63 %	28.62 %	21.49 %
5yr average Equity Multiplier	3.18	3.48	22.68
5yr Average Asset Turnover Ratio	0.32	0.43	0.1
5yr Avg Net Profit Margin	11.62 %	22.92 %	10.72 %
Price to Book	1.76	3.88	15.39
P/E	13.8	16.91	114.17
5yr Avg Cash Conversion Cycle	97.87 Days	104.42 Days	53.29 Days
Inventory Days	30.46 Days	27.07 Days	4.84 Days
Days Receivable	64.88 Days	80.2 Days	46.91 Days
Days Payable	16.35 Days	14.75 Days	115.58 Days
5yr Average Interest Coverage Ratio	3.22	4.08	1.28
5yr Avg ROCE	9.0 %	19.42 %	8.98 %
5yr Avg Operating Profit Margin	29.03 %	33.68 %	72.37 %
5 yr average Debt to Equity	1.58	1.9	19.6
5yr CAGR Net Profit	12.4 %	59.08 %	47.05 %
5yr Average Return on Assets	3.67 %	10.84 %	1.12 %
Shareholdings
Promoter Holding	51.1 %	74.96 %	60.94 %
Share Pledged by Promoters	0.0	1.81 %	0.0
Change in Promoter Holding (3 Yrs)	0.0	-0.01 %	-0.33 %
Change in Mutual Fund Holding (3 Yrs)	-0.19 %	1.64 %	0.87 %

Business

	NTPC	Adani Power	Adani Green Energy
Product Wise Break-Up	Product Wise Break-Up Energy 96.61 Sale of energy through trading 0 Equipment`s and Related services 0 EPC 0 Power Supply 0 Others 3.39	-	Product Wise Break-Up Equipment`s and Related services 0 Sale of energy through trading 0 Power 81.33 EPC 0 Energy 0 Others 18.67
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 85.87 Rest of the World 14.13	Location Wise Break-Up India 100.0 Rest of the World 0
Operating Profit Break-Up	Operating Profit Break-Up APL (Standalone ) 0 Coastal 0 Hinterland 0 Near Pit Head 0 Regulated Utility 0 0 Renewable Power Generation 0 Others 100	Operating Profit Break-Up 0 Regulated Utility 0 Near Pit Head 52.85 Hinterland 9.58 Renewable Power Generation 0 APL (Standalone ) 0 Coastal 28.4 Others 9.17	Operating Profit Break-Up Sale of Goods/ Equipments and Related Services 23.85 Regulated Utility 0 Near Pit Head 0 Hinterland 0 Renewable Power Generation 76.15 APL (Standalone ) 0 Coastal 0
Capacity Break-Up	Capacity Break-Up Coal 81.56 Gas 8.72 Hydro 4.99 Renewable Energy 4.73 Thermal 0 Wind 0 Solar 0	Capacity Break-Up Hydro 0 Gas 0 Renewable Energy 0 Coal 0 Thermal and Hydro 100.0 Wind 0 Solar 0	Capacity Break-Up Hydro 0 Gas 0 Renewable Energy 0 Coal 0 Thermal 0 Wind 13.0 Solar Power 71.0 Others 16.0
Asset Break-Up	Asset Break-Up Others 100	-	Asset Break-Up Others 100