NTPC Ltd Complete Fundamental Analysis

Description
National Thermal Power Corporation Limited (NTPC), is Public Sector Undertaking in India. The company is engaged in generation of electricity and other allied activities. NTPC is incorporated under the Companies Act 1956 and is promoted by the Government of India. It has a current installed capacity of 55,786 MegaWatts which is 15% of the total market share in India. It also has 133 million metric tons of mining capacity and 7.3 million metric tons of coal extraction in FY2019.

The company operates in an asset-heavy sector, which means a lot of capital is required to construct power plants and distribution lines. So, the entry of new players is difficult. It currently has 15% of the total installed capacity and contributes 22% to total electricity produced in India.

It fully owns 43 plants including 22 coal-powered and 13 renewable energy plants. There are other 9 coal-powered and 1 gas-powered plant that the company operates through joint ventures and subsidiaries. Therefore the company has a solid infrastructure and capacity which cannot be replicated easily.

The Model covers all the major fundamental aspects of NTPC Ltd over the ten year period. The model is easy to edit and update for the future years as well. It includes:
1. Growth Ratios
2. Profitability Ratios
3. Cash Flow Ratios
4. Liquidity and Solvency Ratios
5. Efficiency Ratios
6. Valuation Ratios
7. ROE (Du Pont Analysis)
8. Common Size analysis
9. Enterprise Valuation
10. Financial Strength Analysis

Further Qualitative analysis is also done considering these factors and ratings have been assigned. The complete detailed analysis is in the word document along with the Excel model.