Green energy stock jumps after its net profit increases by 135% YoY

Synopsis:
This Green energy stock is in the spotlight after the company announced its robust Q2 FY26 results with YoY growth in PAT of 135 percent and Revenue growth of 25  percent.

The shares of this Central public sector enterprise company which is engaged in the renewable energy segment  that focuses on undertaking projects through organic and inorganic routes is in the news after the company announced its Q2 results highlighting growth in several metrics like PAT, Revenue and PBT.

With the market cap of Rs 88,375 crore ,the shares of NTPC Green Energy Ltd made a high of Rs 106.41 compared to its previous day closing price of Rs 105.03 which is a jump of 1.31   percent in today’s trading session. The shares are trading at 146 PE compared to its median PE of 179 showcasing the valuation that Green energy stocks carries.

Q2 FY26 Result highlights

The Company reported Rs 657 crore in revenue , marking a 25 percent YoY  increase when compared to Q2 FY25 Revenue  of Rs 525 crore  and on QoQ basis has decreased  by 12.63 percent from Rs 752 crore. 

The major highlight of the result was the PAT which stands at Rs 86 crore in Q2 FY26 from Rs  37 crore in Q2 FY25 which is a growth of  135 percent on YoY basis and on QoQ basis a decrease of 61 percent from Rs  220 crore in Q1 FY26.

Profit before tax (PBT) stood at Rs 122 crore when compared to Q2 FY25 PBT of Rs 63 crore increasing by 94 percent but reducing QoQ basis by 56 percent from Rs 277 crore in Q1 FY26.

About the company and outlook

NTPC Green Energy Ltd was listed on 27 November 2024 and NGEL is an umbrella company for the green business initiatives of NTPC and the company has strategically diversified its portfolio within the realm of Green Energies and participating in bidding process, tenders, and Ultra Mega Renewable Energy Power Parks (UMREPP), to achieve growth over the decade and act as a premier “Green Energy” player in India as well as globally.

The CEO, in his message states, “I am delighted to share with you our ambitious vision for a sustainable future. As we navigate the challenges of today, we remain steadfast in our commitment to environmental responsibility and the pursuit of a greener tomorrow. By the fiscal year 2032, our aim is to achieve a remarkable milestone: a green capacity of 60 GW. This commitment represents a significant step towards reducing our carbon footprint and contributing to a cleaner, more sustainable planet.”

It has India’s largest floating solar of 100 MW capacity at Ramagundum, Telangana and has a large solar park at Khavda with 4,750 MW capacity under execution along with Green hydrogen mobility plants at Leh and Greater Noida.  

Written by Leon Mendonca.

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