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Nishat Chunian Power Limited NCPL

Market closed

Rs 56.31

-0.65 (-1.14%)

Vol933,446Updated10:3029 Jul 2026

01At a Glance

The headline take on NCPL — valuation, income, returns, and efficiency

Consolidated snapshot

Nishat Chunian Power Limited (NCPL) is a Power Generation & Distribution company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, NCPL last traded at Rs 56.31 (-1.14% on the day) with a market cap of Rs 20.69B and a free float of 55.0%. Over the last 12 months the stock has returned +126.1%. Cash dividends declared over the trailing 12 months total Rs 1.50/share (yield 2.7%).

Prices through 29 Jul 2026 · FY data through FY25 · Quarterly through Mar-26

Rs -9.19
1Y Return
+126.1%
Rs 20.69B

02Price & Performance

Closing prices across timeframes, returns, and range context

NCPL — Price History

Daily closing series · toggle period below

1M Return-12.7%
3M Return-21.7%
6M Return-14.5%
1Y Return+126.1%
Day's Range43% of range
Rs 56.31
LowRs 56.01
HighRs 56.70
52-Week Range50% of range
Rs 56.31
LowRs 22.49
HighRs 89.48

03Key Metrics

Valuation, profitability, structure, and risk in one grid

Earnings n/a
Rs -9.19Latest annual · basic
0.89xBook Rs 63.23
2.66%Rs 1.50/sh trailing 12m
1.34Higher than market
Rs 20.69BMid cap
55.0%202M shares
3.23Moderate leverage
-12.9%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

NCPL has paid Rs 1.50 per share in cash dividends over the trailing 12 months — a 2.7% yield at the last close. Its most recent payout was Rs 1.50/share, announced 28 Apr 2026 with book closure from 11 May 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 1.50
Trailing Yield
2.66%
Payout Ratio
Announced
28 Apr 2026

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 10.00
2023
Rs 0.00
2024
Rs 0.00
2025
Rs 2.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
28 Apr 202631 Mar 2026 (IIIQ)CashRs 1.50(15%)11 May 2026 – 12 May 2026
25 Apr 202531 Mar 2025 (IIIQ)CashRs 2.00(20%)07 May 2025 – 08 May 2025
13 Nov 2024CashRs 5.00(50%)25 Nov 2024 – 26 Nov 2024

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

NCPL's market capitalisation stands at Rs 20.69B as of 29 Jul 2026 up 126.1% over the past 12 months (from Rs 9.15B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue5,56615,21518,22125,41611,64313,023
Cost of Sales3,41010,32713,16321,8587,8736,267
Gross Profit2,1574,8885,0583,5583,7706,756
Administrative Expenses355189156177141144
Operating Profit1,8014,6994,9023,3813,6296,612
EBITDA2,4365,4255,6684,3274,4377,353
Other Income8574551131603932
Financial Charges152288688849842,034
Profit Before Tax-3,1414,9203,9572,5052,5094,606
Taxation23581100
Profit After Tax-3,3764,9123,9572,5042,5094,606
EPS - Basic (Rs)Rs -9.19Rs 13.37Rs 10.77Rs 6.82Rs 6.83Rs 12.54

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin-60.7%
Gross profit margin38.8%
EBITDA margin43.8%
EBIT margin32.4%

Net profit margin

Net profit ÷ revenue · %

0.0%8.8%17.7%26.5%35.4%35.4%FY2021.5%FY219.9%FY2221.7%FY2332.3%FY24-60.7%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY24

RatioValue
Effective tax rate0.2%

Effective tax rate

Taxation ÷ profit before tax · %

0.0%0.0%0.1%0.1%0.2%0.0%FY200.0%FY210.0%FY220.0%FY230.2%FY24Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 20.69B

Rs 31.95BRs 22.50BRs 13.05BRs 3.60BJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 20.69B

Valuation & Capital Returns

What the market is paying for NCPL, and what it returns to shareholders

Latest · 2025

RatioValue
Dividend per shareRs 2.00
Dividend yield3.11%

Dividend per share

Total cash dividend per share · Rs

Rs 0.00Rs 2.50Rs 5.00Rs 7.50Rs 10.00Rs 7.252016Rs 2.502017Rs 1.502018Rs 2.002019Rs 0.002020Rs 0.002021Rs 10.002022Rs 0.002023Rs 0.002024Rs 2.002025Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 56.99) is below the 30-day SMA (Rs 60.94). RSI at 40 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 56.99+1.20%Below
SMA 30Rs 60.94+8.22%Below
SMA 60Rs 63.15+12.14%Below
SMA 200Rs 55.94-0.65%Above
40Neutral
0 · Oversold305070100 · Overbought

At 40, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-1.99
  • Signal-2.03
  • Histogram+0.04
R2Resistance 2
Rs 70.56
25.3%
R1Resistance 1
Rs 63.43
12.7%
NOWCurrent
Rs 56.31
S1Support 1
Rs 51.25
-9.0%
S2Support 2
Rs 46.20
-18.0%

07Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

Not MTS-eligible
Rs 223.90M
Margin financing
Rs 223.90M
+3.32% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

Rs 5.02M
Futures blank sales (Rs)
0.87%
Blank sale ÷ OI
1.24%
Blank sale ÷ free float

Futures Blank Sale Insights

Blank sale value vs OI and free float

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %40.03%Most recent print
Average · 3M57.42%Mean over window
Change · 3M+8.36%First → last
Range · 3M31.2–90.4%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 16 Jul 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

09Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 55.0%Non-float · 45.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 3.67B
Total Shares367M
202M
55.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Nishat Chunian Power Limited is a public Company limited by shares incorporated in Pakistan on February 23, 2007 under the repealed Companies Ordinance, 1984 (now Companies Act, 2017). The principal activity of the Company is to build, own, operate and maintain a fuel fired power station having gross capacity of 200 MW and net capacity of 195.722 MW. The Company entered into a Power Purchase Agreement ('PPA') with its sole customer, Central Power Purchasing Agency (Guarantee) Ltd ('CPPA-G') for twenty-five years which commenced from July 21, 2010.

Power Generation & Distribution

Corporate Information

  • RegistrarHameed Majeed Associates (Pvt) Limited, 1st Floor, H.M. House, 7-Bank Square, Lahore
  • AuditorM/s. Riaz Ahmad & Company Chartered Accountants
  • Websitewww.ncpower.com.pk
  • AddressNishat House, 53-A, Lawrence Road, Lahore.
  • SectorPower Generation & Distribution
  • Financial Year EndJune

Key People

NameRole
FIFarrukh Ifzal
CEO
GHGhazanfar Hussain Mirza
Chairperson
STSyed Tasawar Hussain
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

12Peers in Power Generation & Distribution

How the cohort is moving — same-sector stocks by market cap

NCPL vs Power Generation & Distribution sector median

Median across 16 sector constituents · nulls excluded per metric

MetricNCPLSector median
9.6x
2.7%2.5%
-12.9%-0.4%
1-Year Return+126.1%+40.2%
Rs 20.69BRs 5.53B

13Frequently Asked Questions

The most common questions investors ask about NCPL

Frequently Asked Questions

NCPL closed at Rs 56.31 on 29 Jul 2026, down 1.14% on the day, within a 52-week range of Rs 22.49–89.48. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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