BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
NHPC Ltd.'s Q2 FY21 results highlight the steady nature of its business.
Standalone profit after tax declined 3% YoY to Rs 7.2 billion (in-line) due to slightly lower other income.
Capex run-rate is expected to increase on account of investment in new projects.
However, their commissioning remains four-five years away, implying free cash flow/ return on equities dragging in the near term.
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