NTPC sets Aug 27 date for 50th AGM to approve ₹3.50 dividend
NTPC Limited has scheduled its 50th AGM for August 27, 2026, following newspaper publication of the notice. Key agenda items include approving a ₹3.50 per share final dividend and raising ₹12,000 crore through NCDs. The company reported record FY26 consolidated PAT of ₹27,545.76 crore, up 15% YoY.

*this image is generated using AI for illustrative purposes only.
NTPC Limited has confirmed its 50th Annual General Meeting (AGM) will be held on Thursday, August 27, 2026, via Video Conferencing (VC)/Other Audio Visual Means (OAVM), following the mandatory newspaper publication of its notice as required under Section 108 of the Companies Act, 2013. The meeting aims to transact key business including the approval of a ₹3.50 per share final dividend and a special resolution to raise up to ₹12,000 crore through Non-Convertible Debentures (NCDs). This corporate action follows the release of record financial results for FY26, where consolidated Profit After Tax (PAT) rose 15% to ₹27,545.76 crore, driven by capacity additions and favorable tariff orders.
Financial Performance and Dividend Payout
The Integrated Annual Report 2025-26 highlights a landmark year for NTPC, with standalone PAT increasing by 17.88% to ₹23,162.22 crore. While standalone revenue from operations declined slightly by 2.67% to ₹1,65,493.74 crore due to lower Energy Sent Out (ESO), this was offset by operational efficiencies and new capacity commissioning. The Board has recommended a final dividend of ₹3.50 per equity share, bringing the total dividend payout for FY26 to ₹9.00 per share, marking the 33rd consecutive year of dividends.
| Metric: | FY 2025-26 | FY 2024-25 | Change |
|---|---|---|---|
| Consolidated PAT: | ₹27,545.76 crore | ₹23,953.15 crore | +15% YoY |
| Standalone PAT: | ₹23,162.22 crore | ₹19,649.41 crore | +17.88% YoY |
| Standalone Revenue: | ₹1,65,493.74 crore | ₹1,70,037.37 crore | -2.67% YoY |
| Final Dividend (Proposed): | ₹3.50 per share | — | — |
AGM Schedule and E-Voting Details
In compliance with SEBI Listing Obligations & Disclosure Requirements Regulations 2015 and MCA circulars, NTPC has provided remote e-voting facilities via Central Depository Services (India) Limited (CDSL). Shareholders holding shares as of the cut-off date, Friday, August 21, 2026, are eligible to vote. The remote e-voting period commences on Monday, August 24, 2026, at 9:00 AM and concludes on Wednesday, August 26, 2026, at 5:00 PM.
| Event: | Date/Time |
|---|---|
| AGM Date: | Thursday, August 27, 2026 |
| Remote E-Voting Opens: | Monday, August 24, 2026, 9:00 AM |
| Remote E-Voting Closes: | Wednesday, August 26, 2026, 5:00 PM |
| Cut-off Date: | Friday, August 21, 2026 |
| Dividend Record Date: | Wednesday, September 2, 2026 |
Capital Raising and Strategic Growth
A significant agenda item at the AGM is the special resolution to raise funds up to ₹12,000 crore through NCDs via private placement. This capital injection supports NTPC’s aggressive expansion plans, particularly in renewable energy. Group capital expenditure rose to ₹55,985.82 crore in FY26, with non-fossil and transition-related assets accounting for 51% of total spend. The company aims to reach 149 GW installed capacity by 2032, including 60 GW from renewables.
Operational Highlights
NTPC achieved its highest-ever annual capacity addition in FY26, adding 9,618 MW to reach a group installed capacity of 89,108 MW. Renewable energy capacity crossed 10 GW, with 11,547 MW commissioned and 15,040 MW under execution. The Coal Station Plant Load Factor (PLF) stood at 72.04%, significantly higher than the all-india average of 63.20%.
Historical Stock Returns for NTPC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.91% | -0.18% | -3.11% | -12.11% | -0.43% | +195.22% |
How will the ₹12,000 crore NCD issuance impact NTPC's debt-to-equity ratio and credit ratings given the existing high capital expenditure levels?
What specific renewable energy projects are prioritized for the 51% of capex allocated to non-fossil assets, and how might supply chain constraints affect their commissioning timelines?
With standalone revenue declining despite profit growth, what operational strategies is NTPC employing to offset lower Energy Sent Out (ESO) in upcoming fiscal years?


































