NTPC Green Energy Ltd.

Financial

	NTPC Green Energy	Adani Green Energy	JSW Energy
Operational Metrics
Power Generation Sector
Capacity Utilization - Renewable	24.73 %	n/a	14.91 %
Renewable
Generation Capacity - Renewable	3320.0 MW	14243.0 MW	3218.0 MW
Solar Power
Generation Capacity - Solar	3220.0 MW	10103.0 MW	675.0 MW
Capacity Utilization - Solar	24.61 %	22.41 %	n/a
Order Book - Solar/ Solar Panels	10576.0 MW	n/a	n/a
Wind
Generation Capacity - Wind	100.0 MW	2000.0 MW	2543.0 MW
Capacity Utilization - Wind	28.27 %	23.44 %	n/a
Order Book - Wind Energy	3000.0 MW	n/a	n/a
Financials
5 yr Average ROE	4.52 %	18.42 %	8.21 %
5yr average Equity Multiplier	4.07	25.53	2.41
5yr Average Asset Turnover Ratio	0.04	0.11	0.23
5yr Avg Net Profit Margin	59.23 %	7.96 %	15.05 %
Price to Book	0.0	14.51	3.15
P/E	262.41	112.48	46.46
5yr Avg Cash Conversion Cycle	98.95 Days	77.02 Days	66.64 Days
Inventory Days	11.57 Days	7.0 Days	28.52 Days
Days Receivable	95.81 Days	70.23 Days	37.75 Days
Days Payable	0.0	761.53 Days	16.23 Days
5yr Average Interest Coverage Ratio	1.88	1.2	2.71
5yr Avg ROCE	2.99 %	9.2 %	8.46 %
5yr Avg Operating Profit Margin	89.08 %	67.87 %	40.01 %
5 yr average Debt to Equity	1.58	22.46	0.95
5yr CAGR Net Profit	15.02 %	n/a	9.39 %
5yr Average Return on Assets	1.1 %	0.83 %	3.5 %
Shareholdings
Promoter Holding	89.01 %	60.94 %	69.26 %
Share Pledged by Promoters	0.0	0.0	11.13 %
Change in Promoter Holding (3 Yrs)	0.0	-0.33 %	-5.4 %
Change in Mutual Fund Holding (3 Yrs)	-0.12 %	0.87 %	2.25 %

Business

	NTPC Green Energy	Adani Green Energy	JSW Energy
Product Wise Break-Up	Product Wise Break-Up Solar 90.78 Wind 4.65 Government Grants 3.03 Consultancy & Project Management Fee 1.3 Traded Goods 0 EPC 0 Power Supply 0 Operator Fees 0 Power Generation (Job Work) 0 Income from transmission 0 Sale of power 0 Others 0.24	Product Wise Break-Up Power 75.78 Government Grants 0 Income from transmission 0 Operator Fees 0 EPC 0 Trading 11.14 Sale of power 0 Power Generation (Job Work) 0 Consultancy & Project Management Fee 0 Solar 0 Wind 0 Others 13.08	Product Wise Break-Up Power Supply 0 Government Grants 0 Transmission 0.6 Operator Fees 2.03 EPC 0 Traded Goods 0 Power 90.53 Generation 6.78 Consultancy & Project Management Fee 0 Solar 0 Wind 0 Others 0.06
Customer Wise Break-Up	Customer Wise Break-Up Telangana Discoms 47.07 Solar Energy Corporation of India (SECI) 8.16 Uttar Pradesh Power Corporation Ltd 8.1 Gujarat Urja Vikas Nigam Ltd 2.46 Others 34.21	-	-