State-run power generation company NTPC's Q2 or second quarter standalone profit is expected to fall 17 per cent year-on-year to Rs 2,406 cr, according to average of estimates of analysts polled by the media.
The revenue during the quarter is seen rising 2.4 per cent to Rs 18,329 cr compared with Rs 17,898 cr in same quarter last year, impacted by low generation. Operational performance may support bottomline.
EBITDA or earnings before interest, tax, depreciation and amortization may increase 22.30 per cent year-on-year to Rs 4,930 cr and margin may expand 450 basis points to 27 per cent in Q2 on lower fuel cost.
Market analysts expect generation to be low during Q2, likely to decline 1.9 per cent YoY to 59 billion units because of lesser offtake on the back of better year-on-year monsoon. Commercial capacity is estimated by analysts to be flat at 45.9 GW on sequential basis. Fuel cost is seen to decline on the back of coal rationalization while tariff rate may fall by 2.2 per cent to Rs 3.2 per unit.
Other income is estimated to be down 9 per cent YoY due to lower plant load factor incentives. Key issues to have an eagle eye on would be plant load factor for coal-based projects, incentive income and commercialization & capitalization.
NTPC share price history:
Meanwhile, NTPC share price was trading 0.10 per cent lower at Rs.151.55 on the National Stock Exchange (NSE) today. The scrip opened at Rs. 151.90 from a previous closing of Rs. 151.70.
NTPC is analyzed by Dynamic Levels Researchers and analysts as the top 500 performing stocks for the current quarter among the 1700 stocks which are listed on the National Stock Exchange (NSE). In order to gain information about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a quick visit to NTPC share price history.
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