Pocketful

Category: Case Study

  • PNB Vs Bank of Baroda: Which is Better?

    PNB Vs Bank of Baroda: Which is Better?

    Choosing between the shares of PNB and Bank of Baroda (BoB) has been a tough call for many investors. While PNB boasts a wider network and customer base, BoB is a potent player across borders due to its innovative use of modern technology. 

    In this blog, we will discuss their financial health, growth potential, and risk factors to aid investors in choosing which stock better fits their goals amid evolving market dynamics and economic conditions.

    Punjab National Bank Overview

    Punjab National Bank is one of the oldest and largest public sector banks in India, set up in 1894. The bank, established in Lahore by the great national leader, Lala Lajpat Rai, has spread over a vast area with a substantial all-India network of over 10,000 branches and 13,000 plus ATMs and serves over 180 million customers. Its legacy includes surviving the partition of India in 1947 and several mergers, the most notable being those with Oriental Bank of Commerce and United Bank of India in the year 2020, which put it on its way to becoming the second-largest public sector bank in the country.

    At PNB, the business model focuses on universal banking, which comprises a wide range of products and services encompassing retail, corporate, international, and treasury segments. Other retail banking services include savings and current accounts, fixed deposits, home and auto loans, and credit cards. Term loans, cash management, trade finance, and other services are also available to corporate customers.

    Punjab National Bank has substantial assets and is focusing on aggressively enhancing its digital channels through mobile banking, internet banking, and payment wallets. The bank has an international footprint through branches in countries like the UK, Hong Kong, and Dubai, mainly for trade finance and remittances.

    Bank Of Baroda Overview

    Bank of Baroda, set up on 20th July 1908 by the Maharaja Sayajirao Gaekwad III in Vadodara, Gujarat, is among the biggest PSBs in India. BoB has over 115 years of legacy and has grown to serve more than 153 million customers globally through a huge network of more than 8,200 domestic branches and more than 11,600 ATMs, with 96 overseas offices in more than 17 countries. It finally merged with Vijaya Bank and Dena Bank in 2019 to further consolidate its market position and emerge as the third-largest bank in India in terms of assets.

    BoB is working on the universal banking model with a complete range of products and services across retail, corporate, international, treasury, and rural banking. It offers retail customers various services, including savings and current accounts, fixed deposits, home and personal loans, credit cards, and insurance. For corporate clients, BoB offers working capital loans, project finance, cash management, and trade finance.

    With its substantial assets, BoB is increasingly working to achieve digital transformation and improve mobile banking, internet banking, and other miscellaneous digital payment solutions. BoB is a big player in the Indian banking industry, having a huge footprint across the globe with diversified service offerings and a strong focus on expanding digital and international banking services.

    Read Also: Blinkit vs Zepto: Which is Better?

    Company’s Comparative Study

    ParticularPunjab National BankBank of Baroda
    Current Share PriceINR 116INR 251
    Market Capitalization (in INR Crores)1,27,9481,30,034
    52 Week High PriceINR 143INR 300
    52-Week Low PriceINR 62.5INR 186
    FIIs Holdings (%)5.5111.45
    DIIs Holdings (%)10.7616.03
    Book Value per ShareINR 100INR 231
    PE Ratio (x)10.96.84
    (Data as of 30th August 2024)

    Read Also: Bank of Baroda vs SBI

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularPunjab National BankBank of Baroda
    Total Interest Earned1,09,0641,18,379
    Total Income1,22,3941,41,778
    Total Expenditure97,3431,04,174
    Net Profit8,32918,471
    (The figures mentioned above are in INR crores unless stated otherwise)
    PNB Vs Bank of Baroda Income Statement

    Balance Sheet Comparison (FY 2024)

    ParticularPunjab National BankBank of Baroda
    Borrowings72,5851,01,959
    Advances9,41,76210,88,983
    Total Assets15,98,63516,54,779
    Total Shareholder Funds99,8781,18,676
    (The figures mentioned above are in INR crores unless stated otherwise)
    PNB Vs Bank of Baroda Balance Sheet

    Cash Flow Statement Comparison (FY 2024)

    ParticularPunjab National BankBank of Baroda
    Cash Flow from Operating Activities-27,939-6,273
    Cash Flow from Investing Activities-1,506-1,285
    Cash Flow from Financing Activities3,5175,475
    (The figures mentioned above are in INR crores unless stated otherwise)
    PNB Vs Bank of Baroda Cash Flow

    Key Performance Indicators

    ParticularPunjab National BankBank of Baroda
    Net Interest Margin (%)2.532.92
    ROE (%)8.9215.67
    Capital Adequacy Ratio (%)16.0016.31
    Dividend Yield1.293.02
    (all the above data is of the year ended March 2024)

    Read Also: PNB vs SBI

    Conclusion

    From the comparison between Punjab National Bank and Bank of Baroda, it is found that both banks have an extensive network and strong market presence. However, the Bank of Baroda has a slightly higher net interest margin and significantly higher dividend yield than Punjab National Bank. However, both banks are facing asset quality problems and regulatory issues. Investors are always advised to consult a financial advisor prior to making any investment in the stock market.

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    Frequently Asked Questions (FAQs)

    1. How does PNB differ from BoB from a digital banking perspective?

      Both banks are investing heavily in digital banking; however, BoB is well underway in its digital transformation journey with comprehensive mobile and internet banking solutions as compared to PNB.

    2. How do PNB and BoB differ in terms of international operations?

      BoB has a much larger international presence than PNB, with 96 overseas offices in 17 countries, while the latter has only two international branches.

    3. Bank of Baroda or PNB, which bank is more digitally active?

      Bank of Baroda is more digitally active and aggressively expanding its presence in digital banking channels and solutions than PNB.

    4. How about their branch networks?

      The domestic branch network of PNB is over 10,000 branches, whereas BoB operates more than 8,200 branches across India.

  • Apollo Hospitals vs Fortis Healthcare: Which is Better?

    Apollo Hospitals vs Fortis Healthcare: Which is Better?

    India’s healthcare sector is experiencing rapid growth, fueled by factors like rising disposable incomes, increasing healthcare costs, and a growing elderly population. Healthcare is crucial to human society for preventing diseases, diagnosing illnesses, treating conditions, and managing injuries. 

    In this blog, we will compare Apollo Hospitals and Fortis Healthcare.

    Apollo Hospitals Enterprises Overview

    Apollo Hospitals is India’s largest private healthcare provider and a global leader in integrated healthcare services. Dr. Prathap C. Reddy founded it in 1983, and it has led India’s healthcare revolution. The group provides a comprehensive range of services through a network of 73 hospitals across India and abroad, Apollo Pharmacy chains, primary care and diagnostic clinics, remote healthcare consultations, etc.

    They introduced several groundbreaking medical procedures in India, such as coronary artery bypass surgery, organ transplantation, and telemedicine.

    Fortis Healthcare Overview

    Fortis Healthcare is one of the top healthcare services providers in India. It has many hospitals, clinics, and diagnostic centers in the country and abroad. The company is well-known for its wide range of medical services, advanced technology, and commitment to patient care. It was established in 1996 with the opening of the first Fortis Hospital in Mohali, Punjab. The acquisition of the healthcare division of the Escorts Group was a pivotal moment in Fortis’s growth. This move expanded its presence and strengthened its position in the healthcare market in India. The healthcare brand also has a presence in countries like UAE, Nepal, and Sri Lanka. Fortis offers various medical services like cardiology, oncology, orthopedics, neurosciences etc.

    Company’s Comparative Study

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Current Share PriceINR 6,771INR 546
    Market Capitalization (in INR Crores)97,40741,240
    52 Week High Price INR 6,927INR 563
    52-Week Low PriceINR 4,726INR 314
    FIIs Holdings (%)43.9223.31
    DIIs Holdings (%)21.3632.31
    Book Value per ShareINR 482INR 102
    PE Ratio (x)9464.2
    (Data as of 28 August 2024)

    Read Also: Apollo Hospitals Case Study : Business Model, Financial Statements, And SWOT Analysis

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Sales19,0596,892
    Total Income19,1656,931
    Total Expenditure17,3535,951
    Net Profit917635
    (The figures mentioned above are in INR crores unless stated otherwise)
    Apollo vs Fortis Balance Sheet Comparison

    Balance Sheet Comparison (FY 2024)

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Non-current Liabilities4,7681,562
    Current Liabilities4,6653,170
    Non-current Assets11,47311,868
    Current Assets5,2801,421
    Total Shareholder Funds6,9357,663
    (The figures mentioned above are in INR crores unless stated otherwise)
    Apollo vs Fortis Income Statement Comparison

    Cash Flow Statement Comparison (FY 2024)

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Cash Flow from Operating Activities1,9201,100
    Cash Flow from Investing Activities-1,537-886
    Cash Flow from Financing Activities-311-86
    (The figures mentioned above are in INR crores unless stated otherwise)
    Apollo vs Fortis Cash Flow Statement Comparison

    Key Performance Indicators

    ParticularApollo Hospitals EnterprisesFortis Healthcare
    Net Profit Margin (%)4.819.22
    ROE (%)12.957.81
    ROCE (%)14.979.52
    Current Ratio1.130.45
    Debt to Equity Ratio0.460.11
    (all the above data is of the year ended March 2024)

    Conclusion

    The comparison between Apollo Hospitals and Fortis Healthcare presented above leads us to conclude that while Apollo Hospitals has higher net profit, Fortis Healthcare posts higher net profit margins. Moreover, Apollo Hospitals has a higher ROE and ROCE metric than Fortis Healthcare. However, it is advised to speak with an investment expert before making investment decisions.

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    Frequently Asked Questions (FAQs)

    1. Who is the founder of Apollo Hospitals?

      Apollo Hospitals Enterprise Ltd. was established by Prathap C. Reddy in 1983.

    2. Where was the first Fortis Hospital established?

      The first Fortis Hospital was established in Mohali, Punjab.

    3. Who is the chairman of Apollo Hospitals?

      Prathap C. Reddy is the chairman of Apollo Hospitals.

    4. Which company is more profitable: Apollo Hospitals or Fortis Healthcare?

      Apollo Hospitals has a higher net profit of INR 917 crores compared to INR 635 crores for Fortis Healthcare for FY 2024.

    5. Which company has a larger market capitalization: Apollo Hospitals or Fortis Healthcare? 

      Apollo Hospitals has a larger market capitalization than Fortis Healthcare as of 28 August 2024.

  • Bank of Baroda Vs Canara Bank: Which is Better?

    Bank of Baroda Vs Canara Bank: Which is Better?

    Two well-known banks with a long history of innovation and tradition stand out in India’s banking landscape: Canara Bank and Bank of Baroda. These financial institutions have survived economic shifts, political challenges, and societal changes for a long time.

    Today’s blog explores the origins of these two banks, how they differ financially, and their rise to prominence.

    Bank of Baroda – An Overview

    The Bank of Baroda is a prominent Indian public sector bank with its headquarters in Vadodara, Gujarat. It is one of the largest banks in India and has a significant presence in both domestic and international markets. 

    BOB was established on 20 July 1908 in Baroda, with the support of Maharaja Sayajirao Gaekwad III of Baroda. It started its operations with INR 10 lakh and 28 staff members. In 1969, the Bank of Baroda underwent nationalization along with 13 other prominent banks in India, which was a crucial step by the government to exert control over the banking sector. 

    In 2018, the Bank of Baroda was merged with Vijaya Bank and Dena Bank, forming one of the largest public sector banks in India, with branches and subsidiaries spread across numerous countries, such as the UK, the US, the Middle East, and Africa.

    Canara Bank – An Overview

    Canara Bank is a major Indian public sector bank with its headquarters in Bangalore, Karnataka. The bank was founded in 1906 by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, making it one of India’s oldest banks. 

    It was initially established as a Canara Hindu Permanent Fund in Mangalore. In 1961, the bank acquired the Bank of Kerala and Seasia Midland Bank. Canara Bank was nationalized along with 13 other major banks in India as part of the government’s efforts to control the banking sector. 

    The bank has 13 subsidiaries or sponsored institutions in India and abroad. As of June 2024, Canara Bank services over 11.42 crore customers through a network of 9,627 branches and 12,256 ATMs/Recycler spread across all Indian states and Union Territories.

    Comparative Analysis

    ParticularBank of BarodaCanara Bank
    Current Share PriceINR 250INR 112
    Market Capitalisation (in INR crores)1,29,336 1,01,165
    52-Week HighINR 300INR 129 
    52-Week LowINR 188INR 65.5
    FII Holdings (%)11.4511.91
    DIIs Holdings (%)16.0311.19
    Book Value per ShareINR 231INR 102
    PE Ratio (x)6.796.48
    (As of 31 August 2024)

    Read Also: Bank of Baroda vs SBI

    Financial Statements Analysis

    Income Statement (FY 2024)

    ParticularBank of BarodaCanara Bank
    Interest Income1,18,3791,10,518
    Total Income1,41,7781,39,164
    Total Expenditure1,04,1741,09,454
    Net Profit18,47114,782
    (The figures mentioned are in INR crores unless stated otherwise)
    Bank of Baroda Vs Canara Bank Income Statement

    Balance Sheet (FY 2024)

    ParticularBank of BarodaCanara Bank
    Deposits13,51,80113,12,242
    Advances10,88,9839,31,786
    Investments4,07,1363,99,207
    Total Shareholder Funds1,18,67681,200
    (The figures mentioned are in INR crores unless stated otherwise)
    Bank of Baroda Vs Canara Bank Balance Sheet

    Cash Flow Statement (FY 2024)

    ParticularBank of BarodaCanara Bank
    Cash Flow from Operating Activities-6,27315,046
    Cash Flow from Investing Activities-1,285-1,748
    Cash Flow from Financing Activities5,475-3,834
    (The figures mentioned are in INR crores unless stated otherwise)
    Bank of Baroda Vs Canara Bank Cash Flow

    Read Also: Blinkit vs Zepto: Which is Better?

    Key Performance Indicators (KPIs)

    ParticularsBank of BarodaCanara Bank
    Net Interest Margin (%)2.922.50
    Net Profit Margin (%)15.5513.37
    ROE (%)15.6718.40
    ROCE (%)2.382.03
    CASA (%)38.5829.90
    (All the above data is of the year ended March 2024)

    Read Also: PNB vs Bank of Baroda

    Conclusion

    The Bank of Baroda and Canara Bank have a rich legacy and significant presence in the financial sector. Despite sharing similar characteristics, BOB and Canara Bank differ in terms of financial performance and range of services. Additionally, it is important to consider factors such as branch accessibility, digital banking capabilities, past financial performance, and the overall reputation of each bank before making an investment decision. However, it is advised to consult a financial advisor before investing.

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    Frequently Asked Questions (FAQs)

    1. What were the key changes experienced by banks after nationalization?

      The banks experienced rapid growth, expanded their branch networks, and diversified their services.

    2. Do the Bank of Baroda and Canara Bank have a digital presence?

      Both banks have strong digital banking platforms, offering internet banking, mobile banking, etc.

    3. Which bank is better for personal banking?

      An individual needs to select a bank based on his/her specific needs and preferences. Further, it is suggested that both banks be compared on every metric before making any decision.

    4. Has Canara Bank been involved in any mergers and acquisitions?

      In 1961, Canara Bank acquired the Bank of Kerala and Seasia Midland Bank and recently underwent a merger with the Syndicate Bank in 2020.

    5. Do the Bank of Baroda and Canara Bank have international operations?

      Both banks have a global presence as they have subsidiaries, offices, and branches in various countries.

  • Tata Steel vs. JSW Steel: A Comparative Analysis Of Two Steel Giants

    Tata Steel vs. JSW Steel: A Comparative Analysis Of Two Steel Giants

    The steel industry in India is a critical sector that powers the country’s infrastructure and manufacturing capabilities. There are multiple players in this sector, however, two of the biggest players in this industry are Tata Steel and JSW Steel.

    In this blog, we will compare these steel giants in detail, including their financial performance, key performance indicators, etc.

    Tata Steel Overview

    Tata Steel, a flagship company of the Tata Group, was established in 1907 and is one of the oldest steel companies in India. Headquartered in Mumbai, Tata Steel operates in over 26 countries and has a significant presence in Europe and Southeast Asia. The company is known for its integrated steel plants, cutting-edge technology, and sustainable practices.

    The Indian product portfolio of Tata Steel is divided into multiple segments – Automotive and Special Products, Industrial Products, Projects and Exports, Branded Products, Retail, etc. The Company supplies hot-rolled, cold-rolled, galvanised, branded solution offerings and more.

    As of March 2024, the company has an annual crude steel capacity of 35 million tonnes (MnTPA) and it is one of the world’s most geographically diversified steel producers. It is one of a few steel players that are fully integrated – from mining to the manufacturing and marketing of finished products. The company’s focus on innovation, quality, and sustainability has positioned it as a leader in the global steel market.

    Did You Know?
     In 1907, Tata Steel was established in India as Asia’s first integrated private steel company.

    JSW Steel Overview

    JSW Steel, is the flagship business of the diversified US$ 24 billion JSW Group. The group has a presence in various sectors including Steel, Energy, Infrastructure, Cement, Paints, Venture Capital, Sports, etc. The group also boasts a diverse workforce across India, USA, Europe, etc. and directly employs nearly 40,000 people.

    Coming to JSW Steel, it was founded in 1982 and has rapidly grown to become one of India’s leading steel manufacturers. It has a diverse range of steel products that serve industries such as automotive, infrastructure, and energy.

    The company’s strategic focus on expanding capacity and improving operational efficiencies has allowed it to scale its production to over 28 million tons per annum. Not only that, it has consistently led in research and innovation, maintaining a strategic collaboration with the global leaders such as JFE Steel of Japan.

    Comparative Study of Tata Steel and JSW Steel

    ParticularsTata SteelJSW Steel
    Current Price (CMP)INR 154INR 948
    Market Capitalization (in crores)INR 1,91,870INR 2,31,890
    52-Week High PriceINR 185INR 969
    52-Week Low PriceINR 114INR 723
    FIIs Holdings (June 24)19.68%25.52%
    DIIs Holdings (June 24)23.33%10.52%
    Book Value per ShareINR 74INR 318
    PE Ratio (x)11933.3
    (Data as of 28 August 2024)

    Read Also: Tata Steel Case Study: Business Model, Financial Statements, SWOT Analysis

    Financial Statements Comparison

    Let’s have a look at the financials of TATA Steel and JSW Steel.

    Profit and Loss Statement (FY 2024)

    ParticularsTata Steel (INR crore)JSW Steel (INR crore)
    Total Sales229,171175,006
    Expenses206,923146,849
    Profit Before Tax (PBT)(1,147)13,380
    Net Profit(4,910)8,973
    Tata Steel vs. JSW Steel Profit and Loss Statement

    Balance Sheet (FY 2024)

    ParticularsTata Steel (INR crore)JSW Steel (INR crore)
    Shareholders’ Fund92,03577,669
    Borrowings87,08287,984
    Other Liabilities90,19562,245
    Fixed Assets148,814112,461
    Investments6,2587,246
    Trade Receivables6,2647,548
    Cash & Cash Equivalents8,67812,348
    Tata Steel vs. JSW Steel Balance Sheet

    Cash Flow Statement (FY 2024)

    ParticularsTata Steel (INR crore)JSW Steel (INR crore)
    Cash from Operating Activity20,30112,078
    Cash from Investing Activity(14,253)(14,467)
    Cash from Financing Activity(11,097)(5,005)
    Tata Steel vs. JSW Steel Cash Flow Statement

    Key Performance Indicators (FY 2024)

    ParticularsTata SteelJSW Steel
    Operating Profit Margin10%16%
    ROE6.55%11.8%
    ROCE7.02%13.3%
    Earnings Per ShareINR (3.55)INR 36.03

    Read Also: All Share List of Tata Group

    Conclusion

    In summation, the comparison between Tata Steel and JSW Steel highlights the strengths and market positions of both companies in the Indian steel industry. While Tata Steel enjoys a legacy of over a century, JSW Steel’s aggressive growth strategies have made it a formidable competitor.

    Investors can find value in both companies based on their preferences and risk tolerance. It’s advisable to consult with a financial advisor before making any investment decision.

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    Frequently Asked Questions (FAQs)

    1. When was the Tata Steel founded?

      Tata Steel was founded in 1907.

    2. Which company has a larger market capitalization: Tata Steel or JSW Steel?

      As of August 2024, Tata Steel has a market capitalization of INR 1.92 lakh crore and JSW Steel has a market capitalization of INR 2.32 lakh crore.

    3. What are the main products offered by Tata Steel and JSW Steel?

      Tata Steel offers a wide range of products including flat and long steel products, automotive steel, and other specialty products. JSW Steel offers hot rolled coils, cold rolled coils, galvanised products, TMT bars, etc.

    4. Which company is more profitable: Tata Steel or JSW Steel?

      As of March 2024, Tata Steel reported a net loss of INR 4,910 crore, however, JSW steel reported a net profit of INR 8,973 crore.

    5. Which company has a stronger international presence?

      Tata Steel has a stronger international presence with significant operations in Europe and Southeast Asia, whereas JSW Steel is primarily focused on the Indian market and has some presence in the US and Europe.

  • Tata Power Vs Adani Power: Comparison Of Two Energy Giants

    Tata Power Vs Adani Power: Comparison Of Two Energy Giants

    Did you know that the energy sector plays a crucial role in supporting not just the India’s industrial growth but also the overall economy? If we put aside two PSUs, i.e., NTPC and Power Grid, two major players leading in this sector are Tata Power and Adani Power.

    In this blog, we will delve into a detailed comparison of these energy giants, their financial performance, and key performance indicators.

    Tata Power Overview

    Tata Power Limited, a flagship company of the Tata Group, was established in 1915 and has been a pioneer in the Indian power sector. It is headquartered in Mumbai and operates across the entire power value chain – generation, transmission, distribution, and renewable energy. It also offers next-generation solutions including solar rooftop and EV charging stations.

    As of August 2024, the company has a diversified portfolio of 14,707 MW, spanning across renewable and conventional energy generation. The company is known for its focus on clean and sustainable energy solutions, boasting one of the largest portfolios of renewable energy in India.

    Tata Power’s operations span across various segments including thermal power, hydroelectric power, solar power, and wind power. Further, Tata Power has also committed to achieve carbon neutrality before 2045.

    Did You Know?

    Tata Power established Mumbai’s electric vehicle charging stations. And it is now present in Delhi and Hyderabad as well.

    Adani Power Overview

    Adani Power Limited is a part of the diversified Adani Group. It was founded in 1996 and has rapidly grown to become one of the largest private sector power producers in India. The company operates in both thermal and renewable energy segments and is recognized for its large-scale power projects.

    As of August 2024, the company has a power generation capacity of 15,250 MW and has thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand.

    The company is known for its aggressive expansion strategies and its commitment to contributing to India’s energy security.

    Did You Know?

    Adani Power Limited is the largest private thermal power producer in India.

    Comparative Study of Tata Power and Adani Power

    ParticularsTata PowerAdani Power
    Current Price (CMP)INR 431INR 637
    Market Capitalization (in crores)INR 1,37,815INR 2,45,840
    52-Week High PriceINR 471INR 897
    52-Week Low PriceINR 231INR 289
    FIIs Holdings (June 24)9.50%14.73%
    DIIs Holdings (June 24)15.50%1.42%
    Book Value per ShareINR 101INR 112
    PE Ratio (x)37.515.4
    (Data as of 29 August 2024)

    Read Also: Adani Enterprises Case Study: Business Model And SWOT Analysis

    Financial Statements Comparison

    Let’s have a look at the financials of Tata Power and Adani Power.

    Income Statement (FY 2024)

    ParticularsTata Power (INR crore)Adani Power (INR crore)
    Total Sales61,44950,351
    Expenses50,71432,124
    Profit Before Tax (PBT)5,73220,792
    Net Profit4,28020,829
    (The figures mentioned above are in INR crores unless stated otherwise)
    Tata Power Vs Adani Power Income Statement

    Balance Sheet (FY 2024)

    ParticularsTata Power (INR crore)Adani Power (INR crore)
    Shareholders’ Fund32,35643,145
    Borrowings53,68934,616
    Other Liabilities53,01014,248
    Fixed Assets67,21063,016
    Investments16,316374
    Trade Receivables7,40211,677
    Cash & Cash Equivalents9,1527,212
    (The figures mentioned above are in INR crores unless stated otherwise)
    Tata Power Vs Adani Power Balance Sheet

    Cash Flow Statement (FY 2024)

    ParticularsTata Power (INR crore)Adani Power (INR crore)
    Cash from Operating Activity12,59614,170
    Cash from Investing Activity(9,027)3,481
    Cash from Financing Activity(4,497)(16,864)
    (The figures mentioned above are in INR crores unless stated otherwise)
    Tata Power Vs Adani Power Cash Flow Statement

    Key Performance Indicators (FY 2024)

    ParticularsTata PowerAdani Power
    Operating Profit Margin17%36%
    ROE11.30%57.10%
    ROCE11.10%32.20%
    Earnings Per ShareINR 11.57INR 54

    Read Also: Adani Penny Stock and List of Lowest-Priced Adani Shares

    Conclusion

    In summation, the comparison between Tata Power and Adani Power highlights the strengths and market positions of both companies in the Indian energy sector. While Tata Power enjoys a legacy of over a century with a strong focus on sustainability, Adani Power’s aggressive growth strategies have made it a formidable competitor in the industry.

    Investors can find value in both companies based on their preferences and risk tolerance. It’s advisable to consult with a financial advisor before making any investment decision.

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    Frequently Asked Questions (FAQs)

    1. When was Tata Power founded?

      Tata Power was founded in 1915 and is one of the oldest power companies in India.

    2. Which company has a larger market capitalization: Tata Power or Adani Power?

      As of August 2024, Adani Power has a larger market capitalization of INR 2.46 lakh crore, compared to Tata Power’s INR 1.38 lakh crore.

    3. What are the main areas of operation for Tata Power and Adani Power?

      Tata Power operates across the entire power value chain, including generation, transmission, distribution, and renewable energy. On the other hand, Adani Power primarily focuses on large-scale thermal power projects but also has a significant presence in renewable energy.

    4. Which company is more profitable: Tata Power or Adani Power?

      As of FY 2024, Tata Power reported a net profit of INR 4,280 crore, while Adani Power reported a net profit of INR 20,829 crore.

    5. What is Tata Power’s PE Ratio compared to Adani Power’s?

      As of August 2024, Tata Power’s PE Ratio is 37.5, while Adani Power’s PE Ratio is higher at 15.4.

  • Punjab National Bank vs State Bank of India

    Punjab National Bank vs State Bank of India

    You put in a lot of effort, earned money, and decided to invest it in a public sector bank. However, you aren’t sure which bank to choose—the State Bank of India or Punjab National Bank.

    In today’s blog post, we will compare the Punjab National Bank and the State Bank of India. 

    Punjab National Bank Overview

    Lala Lajpat Rai and Dyal Singh Majithia, leaders of the Swadeshi Movement, established the bank in Lahore, Pakistan, in 1894. The bank relocated its headquarters to New Delhi after India’s independence, and it was nationalized along with thirteen other banks later in 1969. It bought Nedungadi Bank in 2003 and merged with the United Bank of India and Oriental Bank of Commerce in 2020 to become India’s second-biggest public sector bank. The bank has 12,645 ATMs, 10,092 branches in India, and two international branches as of September 2023. The Punjab National Bank offers a wide range of services, including credit cards, insurance, mutual funds, fixed deposits, home loans, personal loans, etc. The company caters to the needs of MSMEs, retail investors, and big corporations.

    SBI Bank Overview

    SBI is India’s largest public sector bank and a titan of the nation’s banking sector, with the largest market share. SBI is a large financial institution with almost 200 years of history. Its main office is in Mumbai. SBI was established when the Bank of Calcutta, the first joint stock bank in British India, was established in 1806. Three separate presidential banks (the Bank of Bengal, the Bank of Bombay, and the Bank of Madras) arose throughout British India. In 1921, the three presidential banks merged to form the Imperial Bank of India. The Imperial Bank of India was nationalized by the Indian government in 1955 and was renamed the State Bank of India. Later, SBI bought several commercial and state-affiliated banks. To improve efficiency, the State Bank of India merged with its five affiliated banks—State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore in 2017. Rural communities now have access to banking services due to SBI. SBI currently has a robust distribution network with 65,627 ATMs and 22,405 branches.   

    Company’s Comparative Study

    ParticularPunjab National BankState Bank of India
    Current Share PriceINR 117INR 816
    Market Capitalization (In INR Crores)1,28,3557,27,891
    52-Week High PriceINR 143INR 912
    52-Week Low PriceINR 65.5INR 543
    FIIs Holdings (%)5.5111.15
    DIIs Holdings (%)10.7623.64
    Book Value Per ShareINR 100INR 465
    PE Ratio (x)10.99.99
    (Data as of 31 August 2024) 

    Read Also: PNB vs Bank of Baroda

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularPunjab National BankState Bank of India
    Interest Income1,09,0644,39,188
    Total Income1,22,3945,94,574
    Total Expenditure97,3434,95,543
    Net Profit8,32968,224
    (The figures mentioned are in INR crores unless stated otherwise)
    PNB vs SBI Income Statement

    Balance Sheet Comparison (FY 2024)

    ParticularPunjab National BankState Bank of India
    Borrowings72,5856,39,609
    Advances9,41,76237,84,272
    Total Assets15,98,63567,33,778
    Total Shareholder Funds99,8783,86,491
    (The figures mentioned are in INR crores unless stated otherwise)
    PNB vs SBI Balance Sheet

    Cash Flow Statement Comparison (FY 2024)

    ParticularPunjab National BankState Bank of India
    Cash Flow From Operating Activities-27,93921,632
    Cash Flow From Investing Activities-1,506-4,251
    Cash Flow From Financing Activities3,517-9,896
    (The figures mentioned are in INR crores unless stated otherwise)
    PNB vs SBI Cash Flow

    Read Also: Blinkit vs Zepto: Which is Better?

    Key Performance Indicators

    ParticularPunjab National BankState Bank of India
    Net Interest Margin (%)2.532.66
    Net Profit Margin (%)7.6315.51
    ROE (%)8.9217.31
    ROCE (%)1.601.63
    CASA (%)40.2239.92
    (All the above data is of the year ended March 2024)

    Read Also: SBI vs ICICI Bank

    Conclusion

    To sum up, the State Bank of India and Punjab National Bank are regarded as major players in the Indian banking sector. An investor can choose the ideal investment opportunity by being aware of the differences between the two. However, one should evaluate their risk tolerance and speak with an investment advisor before making any financial decisions.  

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    5ICICI Vs HDFC Bank

    Frequently Asked Questions (FAQs)

    1. Which bank, the State Bank of India or Punjab National Bank, has a higher market capitalization?

      Compared to Punjab National Bank, the State Bank of India has a larger market capitalization. 

    2. Where is the headquarters of Punjab National Bank located?

      The headquarters of Punjab National Bank is located in New Delhi.

    3. Which bank, SBI or Punjab National Bank, is more profitable?

      In FY 2024, SBI reported a profit of 68,224 crores, whereas Punjab National Bank reported a profit of 8,329 crores. This shows that SBI is the more profitable of the two.

    4. How many branches does Punjab National Bank have?

      Punjab National Bank has 10,092 branches throughout the country.Q5. Who is the chairman of the

    5. State Bank of India?

      As of 31 August 2024, Mr. Challa Sreenivasulu Setty is the chairman of the State Bank of India. 

  • TCS vs Wipro: Comparison Of Two IT Giants

    TCS vs Wipro: Comparison Of Two IT Giants

    The IT sector in India is a global powerhouse, driven by a competitive landscape of companies that are leaders in technology and innovation.

    In this blog, we will compare two of India’s largest IT companies, Tata Consultancy Services (TCS) and Wipro, and discuss key insights, their financial performance, etc.

    TCS Overview

    Tata Consultancy Services (TCS), established in 1968, is a global IT services, consulting, and business solutions provider headquartered in Mumbai, India. The company is a division of Tata Group which is the largest multinational group in India. As of March 2024, the company employs more than 6 lakh employees, and 35% of the workforce is women.

    The company offers a wide range of services, including software development, IT infrastructure services, cloud solutions, and enterprise applications. And it serves various industries, including banking, financial services, retail, telecommunications, healthcare, etc. Further, the company is known for its strong client relationships and robust service delivery models.

    As of August 2024, TCS is the largest IT services company in India by market capitalization and revenue. Further, it consistently ranked among the top IT service providers globally. The company’s focus on innovation, quality, and customer satisfaction has earned it a stellar reputation in the IT industry.

    Did You Know?

    In 2004, TCS listed at the National Stock Exchange (NSE) and Bombay Stock Exchange with the largest IPO by a private sector company, raising an impressive USD 1 billion.

    Wipro Overview

    Wipro Limited, founded in 1945, is another major player in the Indian IT industry, headquartered in Bangalore, Karnataka. The company was established as a vegetable oil manufacturer and has transformed itself into a global IT services and consulting company.

    It entered the IT sector in 1981 and has since diversified its offerings across various technology domains. It has a presence in over 66 countries and employs more than 2,50,000 people. Further, the company is known for its commitment to corporate social responsibility and ethical business practices.

    The company provides IT services, including software development, business process outsourcing (BPO), cloud computing, digital transformation and much more. The company provide services to multiple industries such as banking, healthcare, energy, consumer goods, etc. Wipro’s global delivery model and emphasis on sustainability and innovation have positioned it as a key competitor in the global IT market.

    Did You Know?

    In 2000, Wipro grew to a one billion dollar company and was listed on the New York Stock Exchange.

    Read Also: TCS Case Study: Business Model, Financial Statement, SWOT Analysis

    Comparative Study of TCS and Wipro

    ParticularsTCSWipro
    Current Price (CMP)INR 4,509INR 537
    Market Capitalization (in crores)INR 16,31,300INR 2,80,900
    52 Week High PriceINR 4,565INR 580
    52-Week Low PriceINR 3,311INR 375
    FIIs Holdings (March 24)12.70%6.96%
    DIIs Holdings (March 24)10.61%8.28%
    Book Value per ShareINR 250INR 143
    PE Ratio (x)34.325.1
    (Data as of 28 August 2024)

    Financial Statements Comparison

    Let’s have a look at the financials of both the companies.

    Income Statement (FY 2024)

    ParticularsTCS (INR crore)Wipro (INR crore)
    Total Sales2,40,89389,760
    Expenses1,76,59773,008
    Profit Before Tax (PBT)61,99714,721
    Net Profit46,09911,112
    TCS vs Wipro Income Statement

    Balance Sheet (FY 2024)

    ParticularsTCS (INR crore)Wipro (INR crore)
    Shareholders’ Fund90,48974,533
    Borrowings8,02116,465
    Other Liabilities46,96223,611
    Fixed Assets19,60443,628
    Investments31,76233,384
    Trade Receivables53,57711,548
    Cash & Cash Equivalents13,2869,695
    TCS vs Wipro Balance Sheet

    Cash Flow Statement (FY 2024)

    ParticularsTCS (INR crore)Wipro (INR crore)
    Cash Flow from Operating Activities44,38817,622
    Cash Flow from Investing Activities6,0911,144
    Cash Flow from Financing Activities(48,536)(18,257)

    Key Performance Indicators (FY 2024)

    ParticularsTCSWipro
    Operating Profit Margin27%19%
    ROE51.5%14.3%
    ROCE64.3%17%
    Earnings Per ShareINR 127INR 21.14

    Read Also: Wipro Case Study and Marketing Strategy

    Conclusion

    In summation, the comparison between TCS and Wipro highlights that both companies are giants in the IT services industry, however, TCS has a clear edge in terms of profitability because of larger market capitalization.

    However, Wipro is not lagging behind and remains a strong competitor with its global presence and focus on innovation. Investors can find value in both companies based on their preferences and risk tolerance. It’s advisable to consult with a financial advisor before making any investment decision.

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    Frequently Asked Questions (FAQs)

    1. When was the TCS founded?

      Tata Consultancy Services (TCS) was founded in 1968.

    2. What is the full form of TCS?

      TCS stands for Tata Consultancy Services.

    3. Who is the current CEO of Wipro?

      Srini Pallia is the current CEO of Wipro. He joined the company in 1992 and previously held many leadership positions at the company, including President of Wipro’s Consumer Business Unit and Global head of Business Application Services.

    4. Which company is more profitable: TCS or Wipro?

      As of March 2024, TCS has a net profit of INR 46,099 crores compared to INR 11,112 crores of Wipro.

    5. Which company has a larger market capitalization: TCS or Wipro?

      As of August 2024, TCS has a market capitalization of around INR than 16.31 lakh crores and Wipro has a market capitalization of around INR 2.83 lakh crores.

  • SBI vs ICICI Bank: Which is Better?

    SBI vs ICICI Bank: Which is Better?

    You save a lot of money and put in a lot of work, but you need help determining where to keep it. It is only possible to retain some of your hard-earned savings at home; opening a bank account is your only option. You might be surprised to hear that banks where you have accounts allow you to invest in their business.

    This blog post will compare the State Bank of India (SBI) and ICICI Bank.

    SBI Overview

    State Bank of India is the largest public sector bank in India and is a titan in the Indian banking landscape with a 1/4th share in the market. SBI is headquartered in Mumbai and holds a rich heritage of over 200 years.

    The roots of SBI trace back to 1806 with the establishment of the Bank of Calcutta, the first joint stock bank in British India. Three separate presidency banks – Bank of Bengal, Bank of Bombay, and Bank of Madras emerged across British India. In the year 1921, the three presidential banks merged to form the Imperial Bank of India.

    In the year 1955, the government of India nationalized the Imperial Bank of India and renamed it as State Bank of India. SBI later acquired various state-associated banks and commercial banks.

    SBI has played an important role in bringing banking services to rural areas. Currently, SBI holds a strong distribution network of 22,405 branches and 65,627 ATMs.

    ICICI Bank Overview

    ICICI Bank is among the biggest banks in India’s private sector. The government of India established the Industrial Credit and Investment Corporation of India (ICICI) on 5 January 1955. As a division of ICICI Limited, ICICI Bank was founded in 1994. It made history by being the first Indian bank and firm to list on the New York Stock Exchange. ICICI and ICICI Bank combined to form a new financial organization to increase business efficiency. Following accusations against Chanda Kochhar, the managing director of ICICI Bank, in 2018 about inappropriate lending practices, Sandeep Bakhshi assumed the role of managing director. It was the first bank to provide contactless credit and debit cards. 

    Company’s Comparative Study

    ParticularSBIICICI Bank
    Current Share PriceINR 816INR 1,226
    Market Capitalization (Crores)7,27,8918,63,981
    52 Week High PriceINR 912INR 1,258
    52-Week Low PriceINR 543INR 899
    FIIs Holdings (%)11.1545.48
    DIIs Holdings (%)23.6444.97
    Book Value per ShareINR 465INR 365
    PE Ratio (x)9.9919.1
    (Data as of 27 August 2024)

    Read Also: Punjab National Bank vs State Bank of India

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularSBIICICI Bank
    Interest Income4,39,1881,59,515
    Total Income5,94,5742,36,037
    Total Expenditure4,95,5431,71,890
    Net Profit68,22445,007
    (The figures mentioned above are in INR crores unless stated otherwise)
    Income Statement of SBI vs ICICI Bank

    Balance Sheet Comparison (FY 2024)

    ParticularSBIICICI Bank
    Deposits49,66,53714,43,580
    Total Capital & Liabilities67,33,77923,64,063
    Advances37,84,27312,60,776
    (The figures mentioned above are in INR crores unless stated otherwise)
    Balance Sheet of SBI vs ICICI Bank

    Cash Flow Statement Comparison (FY 2024)

    ParticularSBIICICI Bank
    Cash Flow from Operating Activities21,6321,57,284
    Cash Flow from Investing Activities-4,251-1,45,931
    Cash Flow from Financing Activities-9,89613,765
    (The figures mentioned above are in INR crores unless stated otherwise)
    Cash Flow Statement of SBI vs ICICI Bank

    Read Also: Blinkit vs Zepto: Which is Better?

    Key Performance Indicators

    ParticularSBIICICI Bank
    Net Interest Margin (%)2.663.61
    Net Profit Margin (%)15.5128.21
    ROE (%)17.3117.74
    Capital Adequacy Ratios (%)14.2816.33
    (all the above data is of the year ended March 2024)

    Read Also: HDFC vs SBI

    Conclusion

    The comparison of SBI and ICICI Bank presented above leads us to conclude that while SBI has more net profit, ICICI Bank has a higher net profit margin. Although every bank has something special to offer, we always advise speaking with an investment expert before making investment decisions.

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    Frequently Asked Questions (FAQs)

    1. Which bank has a larger market capitalization: SBI or ICICI Bank?

      ICICI Bank has a larger market capitalization than SBI as of 27 August 2024.

    2. Which bank is more profitable: SBI or ICICI Bank?

      SBI has a net profit of INR 68,244 crores compared to INR 45,007 crores for ICICI Bank for FY 2024.

    3. Who is the CEO of ICICI Bank?

      Sandeep Bakhshi is the MD and CEO of ICICI Bank.

    4. What is the full form of ICICI Bank?

      ICICI stands for Industrial Credit and Investment Corporation of India.

    5. How was the State Bank of India formed?

      State Bank of India was established in 1955 after the government of India nationalized the Imperial Bank of India and renamed it as State Bank of India.

  • IndiGo vs SpiceJet: Which is Better?

    IndiGo vs SpiceJet: Which is Better?

    IndiGo and SpiceJet have been important in shaping India’s aviation industry with their unique business models and operational strategies. 

    In today’s blog, we will take a closer look at their development and growth to gain valuable insights into the financial health of these two aviation giants.

    IndiGo – An Overview

    The largest and most popular passenger airline in India is InterGlobe Aviation Ltd., better known as IndiGo. Rakesh Gangwal, an Indian entrepreneur living in the US, and Rahul Bhatia of InterGlobe Enterprises established the business as a private company in 2006. The company was originally incorporated in Lucknow in 2004, and in 2006, it was converted into a public limited company, and the name was changed to InterGlobe Aviation Limited. It commenced operations in August 2006 with a fleet of 100 Airbus A320-200 aircraft. IndiGo has a strong record for punctuality, ensuring reliable travel experiences. 

    It operates over 2000 daily flights to 122 destinations, including 88 domestic and 34 international locations. With a fleet of over 370 aircraft, IndiGo ensures excellent connectivity and convenience for its passengers. The primary source of income for IndiGo is passenger fares. 

    The airline has the capability to attract a decent number of passengers through its competitive pricing and extensive network and maximizes its revenue by offering ancillary services such as baggage fees, seat selection, in-flight meals, and priority boarding. It also transports cargo, which contributes to its overall revenue.

    SpiceJet – An Overview

    SpiceJet is a prominent low-cost airline in India that is well-known for its affordable fares and extensive network. The airline was established in 2005 and has grown rapidly, becoming a major force in the Indian aviation sector. Originally founded as an air taxi provider in 1994, the company was known as ModiLuft. The business was bought and rebranded as SpiceJet by Indian businessman Ajay Singh in 2004. 

    The airline formally began operations with two Boeing 737-800 aircraft in May 2005. In terms of market share, it was ranked third among low-cost carriers in India by 2008, behind IndiGo and Air Deccan. SpiceJet provides various services, including discount coupons, travel insurance, tour packages, and flight reservations.

    Read Also: Swiggy Vs Zomato

    Comparative Analysis

    ParticularIndiGoSpiceJet
    Current Share Price INR 4,830INR 62.6
    Market Capitalisation (in INR crore)1,86,5514,964
    52-Week HighINR 4,945 INR 77.5 
    52-Week LowINR 2,333INR 31
    FII Holdings (%)24.431.81
    DIIs Holdings (%)15.435.16
    Book Value per ShareINR 50INR -33
    PE Ratio (x)23.9-9.25
    (Data as of 31 August 2024)

    Financial Statements Analysis

    Income Statement

    ParticularsIndiGoSpiceJet
    Total Income71,2318,524
    Total Expenditure59,0128,482
    Net Profit8,172-423
    (The figures mentioned are in INR crores unless stated otherwise)
    Indigo vs SpiceJet Income Statement

    Balance Sheet

    ParticularsIndiGoSpiceJet
    Non-current Liabilities49,4292,591
    Current Liabilities30,7989,099
    Non-current Assets46,3713,962
    Current Assets35,8532,510
    Total Shareholders’ Funds1,996-5,217
    (The figures mentioned are in INR crores unless stated otherwise)
    Indigo vs SpiceJet Balance Sheet

    Cash Flow Statement

    ParticularsIndiGoSpiceJet
    Cash Flow from Operating Activity21,217-595
    Cash Flow from Investing Activity-11,80835
    Cash Flow from Financing Activity -9,978730
    (The figures mentioned are in INR crores unless stated otherwise)
    Indigo vs SpiceJet Cash Flow Statement

    *(All Figures in INR crore unless stated otherwise).

    Read Also: Flair Vs DOMS

    Key Performance Indicators

    ParticularsIndiGoSpiceJet
    Net Profit Margin (%)11.86-5.98
    ROE409.350
    ROCE23.75-1.58
    Current Ratio1.160.28
    Debt-to-Equity0.95-0.22
    (All the above data is of the year ended March 2024)

    Conclusion

    IndiGo and SpiceJet are both major players in India’s aviation industry. However, there are differences in their strategies and operations. IndiGo is recognized as the dominant airline, with a strong focus on punctuality, customer service, and an extensive network. Standardizing its fleet to increase operational efficiency has been a key factor in its success. On the other hand, SpiceJet has followed a highly aggressive expansion strategy, capitalizing on its extensive network and competitive pricing to attract a significant customer base. While both airlines share a common goal of providing affordable air travel, their distinct approaches have led to different market positions. It is advised to consult a financial advisor before investing.

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    Frequently Asked Questions (FAQs)

    1. Which airline is larger: IndiGo or SpiceJet?

      IndiGo is considered the larger airline, with a broader customer base and a larger fleet.

    2. Which airline, IndiGo and SpiceJet, covers more international destinations?

      Both airlines have expanded their international operations, but IndiGo generally covers a wider range of international destinations.

    3. How do IndiGo and SpiceJet maintain low fares?

      They achieve low fares through efficient operations, fleet standardization, and cost-cutting measures.

    4. How have IndiGo and SpiceJet affected India’s aviation industry?

      They have made air travel more accessible and affordable for millions of people.

    5. What can we expect from IndiGo and SpiceJet in the future?

      Both airlines are likely to continue expanding their operations and improving their services to remain competitive in the Indian aviation sector.

  • NHPC vs NTPC: Which is Better?

    NHPC vs NTPC: Which is Better?

    India is one of the world’s fastest-growing economies and is facing substantial challenges in managing its energy requirements. With a population of over 140 crore, the Government of India is making all the necessary efforts to meet the country’s rising energy needs. Two government-owned businesses, NHPC and NTPC, are responsible for energy production in India.

    In today’s blog post, we’ll compare NTPC and NHPC.

    NHPC Overview

    The NHPC was established in 1975 by the Government of India as a division of the Ministry of Power. The company’s primary goal is to increase the nation’s hydropower output. The company has operations in Jammu & Kashmir, Uttarakhand, Arunachal Pradesh, Sikkim, etc. The corporation uses wind energy and solar energy, among other sources, to generate electricity. 

    In 2008, the company went public on the Indian Stock Exchange. With a hydro share of 6971.20 MW as of March 2024, the corporation has a total capacity of 7144.20 MW or 14.85% of the nation’s hydro capacity. The organization is always concentrating on using renewable energy sources to generate electricity. It also develops several infrastructure types, including tunnels, dams, and powerhouses. The company’s main office is located in Faridabad. 

    NTPC Overview

    In response to the country’s growing need for power, the Indian government established the firm in 1975 as a public-sector corporation. The company used coal to produce electricity and is now focusing on utilizing renewable energy sources. Due to its substantial contribution to the nation’s electricity consumption, the business became India’s largest power utility in 1990. The company launched an initial public offering (IPO) in 2004 and became listed on the Indian Stock Exchange. 

    The corporation is diversifying its sources of electricity generation, including nuclear, solar, wind, and hydroelectric power. The firm has 94 facilities with a combined capacity of 76,134 MW, of which 52 are owned and run by NTPC, and 43 are in joint ventures or subsidiaries. The company plans to achieve a 130 GW capacity by 2032. The business produced 400 billion units of power in 2023–2024. The organization’s headquarters is in New Delhi. 

    Comparative Company Study

    ParticularNHPCNTPC
    Current Share PriceINR 95INR 413
    Market Capitalization (In INR Crores)95,3784,00,084
    52-Week High PriceINR 118INR 426
    52-Week Low PriceINR 48.4INR 216
    FIIs Holdings (%)8.9617.68
    DIIs Holdings (%)11.5527.66
    Book Value Per ShareINR 38.5INR 166
    PE Ratio (x)26.418.7
    (Data as of 30 August 2024) 

    Read Also: ITC vs HUL

    Financial Statements Comparison

    Income Statement Comparison (FY 2024)

    ParticularNHPCNTPC
    Sales9,6321,78,500
    Total Income10,9931,81,165
    Total Expenditure5,5521,43,661
    Net Profit4,02319,696
    (The figures mentioned are in INR crores unless stated otherwise)
    NHPC vs NTPC Income Statement

    Balance Sheet Comparison (FY 2024)

    ParticularNHPCNTPC
    Non-Current Liabilities38,6192,12,719
    Current Liabilities14,2261,02,355
    Non-Current Assets80,1083,82,187
    Current Assets14,16898,009
    Shareholder Funds38,7021,60,709
    (The figures mentioned are in INR crores unless stated otherwise)
    NHPC vs NTPC Balance Sheet

    Cash Flow Statement Comparison (FY 2024)

    ParticularNHPCNTPC
    Cash Flow From Operating Activities6,93740,784
    Cash Flow From Investing Activities-5,968-32,141
    Cash Flow From Financing Activities-581-8,245
    (The figures mentioned are in INR crores unless stated otherwise)
    NHPC vs NTPC Cash Flow Statement

    Key Performance Indicators

    ParticularNHPCNTPC
    Net Profit Margin (%)41.7712.64
    ROE (%)9.3612.95
    ROCE (%)6.129.93
    Current Ratio1.640.96
    Debt to Equity Ratio0.841.46
    (All the above data is of the year ended March 2024)

    Read Also: TCS vs Wipro

    Conclusion

    In conclusion, both businesses produce power, but their methods vary: NHPC primarily draws its energy from hydroelectric sources, while NTPC draws its energy from more traditional sources like coal, gas, etc. In the fiscal year ending in 2024, both businesses reported profits and are expanding their operations in the renewable energy market. Given their bright futures, an investor should take into account the risk profile of these companies or consult a financial advisor before making any investment decisions. 

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    Frequently Asked Questions (FAQs)

    1. Which firm, NHPC or NTPC, has a higher market capitalization?

      The market capitalization of NTPC is more than that of NHPC. 

    2. What is the full form of NTPC and NHPC?

      National Hydroelectric Power Corporation is abbreviated as NHPC, and the full name of  NTPC is National Thermal Power Corporation Limited. 

    3. Which company is more profitable: NTPC or NHPC?

      For FY 2024, NTPC generated a net profit of 19,696 crores, while NHPC reported a net profit of 4,023 crores, demonstrating that NTPC is more profitable. 

    4. What are NTPC and NHPC’s primary business activities?

      While NTPC is a well-known player in the thermal power (oil, gas, and coal) generation industry, NHPC is primarily focused on hydroelectric power generation and is regarded as a major player in this area.

    5. Which company has a more diversified business model among NTPC and NHPC?

      Compared to NHPC, which mostly concentrates on hydroelectric power, NTPC has a more diverse business strategy because it generates power from various sources, including coal, gas, hydroelectric, solar, wind, etc.

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