NHPC Q4 FY26 Guidance vs Delivery (NHPC Management Mirror)

Did NHPC's management deliver what it guided? Guidance vs actual performance and tone changes across recent earnings calls, as of the Q4 FY26 (Mar-2026 Qtr) concall.

NHPC Ltd (NHPC) Q4FY26 Management Mirror - Mar-2026 Qtr

Subansiri Lower Project

In the Mar'25 Qtr, completion of all units was expected by May'26 at an estimated cost of Rs 26,076 Crore; this was revised in the Dec'25 Qtr to Dec'26 at Rs 28,000 Crore, and further delayed in the Mar'26 Qtr to Mar'27 with total project costs escalating to Rs 30,072 Crore. [Status: Downgraded]

4 more themes on the ELITE plan.