NTPC Ltd. benchmarking: Performance to industry peers

Financial

	NTPC	Adani Green Energy	Adani Power
Operational Metrics
Power
Generation Capacity - Conventional Energy	71770.0 MW	n/a	15210.0 MW
Generation Capacity - Electricity	78610.0 MW	19294.0 MW	18150.0 MW
Realization / Unit - Electricity	5.0 Rs/Unit	n/a	6.3 Rs/Unit
Generation Capacity - Hydro Electricity	3725.0 MW	n/a	n/a
Capacity Utilization - Hydro Electricity	41.0 %	n/a	n/a
Capacity Utilization - Renewable	13.7 %	n/a	n/a
Capacity Utilization - Electricity	63.7 %	n/a	67.0 %
Capacity Utilization - Thermal	69.97 %	n/a	n/a
Generation Capacity - Thermal	68045.0 MW	n/a	15210.0 MW
Renewable
Generation Capacity - Renewable	6840.0 MW	19294.0 MW	n/a
Financials
5 yr Average ROE	12.23 %	18.32 %	51.21 %
5yr average Equity Multiplier	3.11	17.59	5.39
5yr Average Asset Turnover Ratio	0.33	0.1	0.44
5yr Avg Net Profit Margin	11.99 %	11.93 %	26.69 %
Price to Book	1.66	13.7	6.72
P/E	12.48	159.97	34.0
5yr Avg Cash Conversion Cycle	101.67 Days	55.14 Days	106.84 Days
Inventory Days	31.12 Days	3.96 Days	25.41 Days
Days Receivable	66.03 Days	51.79 Days	83.49 Days
Days Payable	8.1 Days	0.0	0.0
5yr Average Interest Coverage Ratio	3.19	1.31	4.85
5yr Avg ROCE	9.2 %	8.54 %	20.14 %
5yr Avg Operating Profit Margin	29.03 %	74.72 %	34.37 %
5 yr average Debt to Equity	1.51	14.79	3.48
5yr CAGR Net Profit	9.86 %	27.57 %	21.18 %
5yr Average Return on Assets	3.95 %	1.2 %	12.33 %
Shareholdings
Promoter Holding	51.1 %	62.43 %	74.96 %
Share Pledged by Promoters	0.0	0.0	1.81 %
Change in Promoter Holding (3 Yrs)	0.0	6.16 %	-0.01 %
Change in Mutual Fund Holding (3 Yrs)	-2.7 %	3.38 %	3.88 %

	NTPC	Adani Green Energy	Adani Power
Product Wise Break-Up	Product Wise Break-Up Energy 96.31 Sale of energy through trading 0 Equipment`s and Related services 0 EPC 0 Power Supply 0 Others 3.69	Product Wise Break-Up EPC 0 Equipment`s and Related services 0 Sale of energy through trading 0 Power 83.02 Energy 0 Others 16.98	-
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	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
Operating Profit Break-Up	Operating Profit Break-Up 0 Renewable Power Generation 0 APL (Standalone ) 0 Coastal 0 Hinterland 0 Near Pit Head 0 Regulated Utility 0 Others 100	Operating Profit Break-Up Hinterland 0 Near Pit Head 0 Renewable Power Generation 81.9 Coastal 0 Regulated Utility 0 APL (Standalone ) 0 Sale of Goods/ Equipments and Related Services 18.1	Operating Profit Break-Up Hinterland 9.58 Near Pit Head 52.85 Renewable Power Generation 0 Coastal 28.4 Regulated Utility 0 APL (Standalone ) 0 0 Others 9.17
Capacity Break-Up	Capacity Break-Up Coal 78.28 Renewable Energy 8.7 Gas 8.28 Hydro 4.74 Wind 0 Solar 0 Thermal 0	Capacity Break-Up Coal 0 Thermal 0 Wind 13.0 Renewable Energy 0 Solar Power 70.0 Hydro 0 Gas 0 Others 17.0	Capacity Break-Up Coal 0 Thermal and Hydro 100.0 Wind 0 Renewable Energy 0 Solar 0 Hydro 0 Gas 0
Asset Break-Up	Asset Break-Up Others 100	Asset Break-Up Others 100	-