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NTPC vs RELIANCE: Stock Comparison

NTPC vs RELIANCE INDUSTRIESUpdated 23 Oct 26, 4:08 PM ISTNSE & company filings

RELIANCE INDUSTRIES is the larger company by market capitalisation. NTPC shows a lower P/E, a higher ROE and a higher dividend yield, while RELIANCE INDUSTRIES shows faster revenue growth and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

NTPC leads 8; RELIANCE leads 5 of 13

Not a rating
These companies operate in different sectors (Power vs Oil Gas & Consumable Fuels). Valuation and leverage norms differ across sectors, so cross-sector ratio comparisons can mislead — compare each against its own sector peers too.

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

NTPCRELIANCE

Valuation lens

What price are you paying?

Market CapContext only
₹2.89 L Cr
₹16.1 L Cr
P/E RatioNTPC has the lower reading
10.41x ✓
21.55x
P/B RatioNTPC has the lower reading
1.42x ✓
1.78x
EPSRELIANCE has the higher reading
₹6.93
₹15.48 ✓
Book ValueContext only
₹217.76
₹802.41
Dividend YieldNTPC has the higher reading
3.02% ✓
0.5%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
RELIANCE is the larger company
₹16.1 L Cr vs ₹2.89 L Cr
P/E Ratio
NTPC has a lower P/E
10.41x vs 21.55x
P/B Ratio
NTPC has a lower P/B
1.42x vs 1.78x
EPS
RELIANCE has higher earnings per share
₹15.48 vs ₹6.93
Dividend Yield
NTPC has a higher dividend yield
3.02% vs 0.5%
Revenue Growth (TTM YoY)
RELIANCE has faster revenue growth
12.5% vs 8%
EPS Growth (TTM YoY)
NTPC has faster EPS growth
-1.6% vs -12.6%
Qtr Sales Growth
RELIANCE has stronger quarterly sales growth
4.43% vs 0%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricNTPCRELIANCE
SectorPowerOil Gas & Consumable Fuels
IndustryPower GenerationRefineries & Marketing

Price

MetricNTPCRELIANCE
Live Price₹298₹1,190
Day Change-1.52%0.46%
Volume87.52 L1.49 Cr
52-Week High₹414.4₹1,611.8
52-Week Low₹297.55₹1,152.2
Distance from 52W High-28.09%-26.17%

Valuation

MetricNTPCRELIANCE
Market Cap₹2.89 L Cr₹16.1 L Cr
P/E Ratio10.41x21.55x
P/B Ratio1.42x1.78x
EPS₹6.93₹15.48
Book Value₹217.76₹802.41
Dividend Yield3.02%0.5%

Growth

MetricNTPCRELIANCE
Revenue Growth (TTM YoY)8%12.5%
EPS Growth (TTM YoY)-1.6%-12.6%
Qtr Sales Growth0%4.43%
Qtr Profit Growth0%12.66%

Profitability & Leverage

MetricNTPCRELIANCE
ROE13.25%8.82%
ROCE9.06%8.87%
Net Margin15.38%7.64%
Operating Margin19.94%13.97%
Debt to Equity1.09x0.34x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricNTPCRELIANCE
Promoter Holding51.1%50.44%▼ 0.04 pp
FII Holding15.79%▼ 0.51 pp16.67%▼ 0.53 pp
DII Holding29.87%▲ 0.43 pp21.72%▲ 0.53 pp
Public Holding3.24%▲ 0.09 pp11.07%▲ 0.03 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: NTPC and RELIANCE INDUSTRIES.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.