Solar selective absorber coatings with wide angular solar absorptance aids in attaining high photo-thermal conversion efficiency for solar thermal systems. In this regard, nanoparticles-based absorber coatings were developed on stainless steel grade 304 by combining the impregnation method, solvothermal process, and dip-coating technique. Developed nanocomposite (SiO 2 nanoparticles in transition metal oxide matrix) based single layer absorber coating with nano void textured surface, exhibits solar absorptance of 0.92 and spectral emittance of 0.12. MgF 2 nanoparticles based anti-reflective layer on single-layer absorber coating improves the solar absorptance to 0.94 by destructive interference mechanism. Both nanoparticles based single and tandem absorber coatings show wide angular solar absorptance of 0.88 and 0.89, respectively, at an incidence angle of 50°. Besides, developed absorber coatings show lower thermal emissivity of 0.17 and good photo-thermal conversion efficiencies at high operating temperatures (400–500 °C). These developed absorber coatings offer excellent thermal stability at an open atmospheric condition till operating temperature, such as 400 °C for 100 h. Selective nature with wide angular solar absorptance and low heat loss behaviour of stable absorber coating show the photo-thermal conversion efficiency of 91% can improve the performance of receiver tubes in solar thermal systems. • Cost-effective and novel nanoparticles based single and tandem absorber coatings. • Nanocomposite based absorber coating exhibits wide angular solar absorptance. • Tandem layer (MgF 2 AR/nanocomposite) absorber shows solar absorptance of 0.94 • Absorber coatings shows excellent photo-thermal conversion efficiencies (>90%). • Absorber coatings are thermally stable at 400 °C for 100 h with good adhesion.