Power
Valuation | |
|---|---|
| Market Cap | 1.26 LCr |
| Price/Earnings (Trailing) | 31.83 |
| Price/Sales (Trailing) | 1.89 |
| EV/EBITDA | 11.72 |
| Price/Free Cashflow | -27.51 |
| MarketCap/EBT | 19.43 |
| Enterprise Value | 1.8 LCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -3.1% |
| Price Change 1M | -1.9% |
| Price Change 6M | 8.8% |
| Price Change 1Y | -6.6% |
| 3Y Cumulative Return | 20.5% |
| 5Y Cumulative Return | 51.9% |
| 7Y Cumulative Return | 27.6% |
| 10Y Cumulative Return | 18.7% |
| Revenue (TTM) |
| 66.99 kCr |
| Rev. Growth (Yr) | 6% |
| Earnings (TTM) | 4.78 kCr |
| Earnings Growth (Yr) | 24.9% |
Profitability | |
|---|---|
| Operating Margin | 10% |
| EBT Margin | 10% |
| Return on Equity | 11.21% |
| Return on Assets | 3.05% |
| Free Cashflow Yield | -3.64% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -15.45 kCr |
| Cash Flow from Operations (TTM) | 12.68 kCr |
| Cash Flow from Financing (TTM) | 4.29 kCr |
| Cash & Equivalents | 4.86 kCr |
| Free Cash Flow (TTM) | -4.59 kCr |
| Free Cash Flow/Share (TTM) | -14.37 |
Balance Sheet | |
|---|---|
| Total Assets | 1.57 LCr |
| Total Liabilities | 1.14 LCr |
| Shareholder Equity | 42.61 kCr |
| Current Assets | 28.76 kCr |
| Current Liabilities | 45.27 kCr |
| Net PPE | 75.35 kCr |
| Inventory | 4.57 kCr |
| Goodwill | 1.65 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.37 |
| Debt/Equity | 1.36 |
| Interest Coverage | 0.38 |
| Interest/Cashflow Ops | 3.7 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 2.25 |
| Dividend Yield | 0.57% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Risk & Volatility | |
|---|---|
| Max Drawdown | -6.6% |
| Drawdown Prob. (30d, 5Y) | 24.62% |
| Risk Level (5Y) | 37.5% |
Balance Sheet: Reasonably good balance sheet.
Past Returns: In past three years, the stock has provided 20.5% return compared to 14.6% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Momentum: Stock has a weak negative price momentum.
Technicals: SharesGuru indicator is Bearish.
Balance Sheet: Reasonably good balance sheet.
Past Returns: In past three years, the stock has provided 20.5% return compared to 14.6% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Momentum: Stock has a weak negative price momentum.
Technicals: SharesGuru indicator is Bearish.
Investor Care | |
|---|---|
| Dividend Yield | 0.57% |
| Dividend/Share (TTM) | 2.25 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 12.42 |
Financial Health | |
|---|---|
| Current Ratio | 0.64 |
| Debt/Equity | 1.36 |
Technical Indicators | |
|---|---|
| RSI (14d) | 43.94 |
| RSI (5d) | 17.4 |
| RSI (21d) | 41.97 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Updated Jul 26, 2025
The Ministry of Power will not extend Section 11 for imported coal-based power plants beyond June 30, 2025, impacting Tata Power.
All five units of the Mundra power plant have been shut down since July 1 for maintenance.
Brokerage IIFL estimates a 5% to 8% hit to Tata Power's Profit After Tax due to the shutdown, with losses projected to be substantial.
Summary of Tata Power Co.'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided an optimistic outlook for Tata Power, projecting continued growth in the power sector. They anticipate a power demand growth of approximately 5% this year, with peak demand expected to reach 270 gigawatts. The company's reported PAT grew by 25% in Q4 FY '25 to Rs. 1,306 crores, with an adjusted PAT of Rs. 1,288 crores, up 16% from Rs. 1,109 crores last year. For the full year, Tata Power's PAT exceeded Rs. 5,000 crores for the first time, at Rs. 5,197 crores, representing a 26% year-on-year increase. The underlying EBITDA was over Rs. 15,000 crores, up 10% compared to the previous year.
Key forward-looking points from management include:
Renewable Capacity Additions: In FY '25, Tata Power added over 1,000 megawatts of renewable capacity and plans to add 5.5 gigawatts in the next 6 to 24 months. Their target is to achieve nearly 70% clean and green energy by 2030.
Solar Business Growth: The solar rooftop segment showed significant growth, with revenues rising by 40% to Rs. 865 crores in Q4. Moving into FY '26, this is expected to nearly double due to initiatives like the PM Surya Ghar project.
CAPEX Plans: The company reported a CAPEX of Rs. 16,200 crores for FY '25 and plans to increase this to Rs. 25,000 crores in FY '26, indicating strong investment in future growth.
Corporate Ratings Improvement: The company received a positive outlook upgrade from Moody's.
Debt and Financial Health: With net debt at Rs. 44,700 crores and a net debt to underlying EBITDA ratio of 2.93, Tata Power maintains a strong balance sheet amid substantial investments.
Overall, Tata Power is focused on sustained growth through an aggressive renewable strategy, improved operational efficiencies, and financial stability as they aim for doubled profitability by FY '30.
Understand Tata Power Co. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Tata Sons Private Limited | 45.21% |
| Life Insurance Corporation of India | 2.82% |
| Nippon Life India Trustee Ltd-A/C Nippon India Large Cap Fund | 2.33% |
| Quant Mutual Fund-Quant Elss Tax Saver Fund | 1.56% |
| Tata Steel Limited | 1.22% |
| TMF Business Services Limited (Formerly Tata Motors Finance Limited) | 0% |
Detailed comparison of Tata Power Co. against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| NTPC | NTPC | 3.23 LCr | 1.91 LCr | +0.70% | -15.00% | 13.79 | 1.69 | - | - |
| POWERGRID | POWER GRID Corp OF INDIA | 2.72 LCr | 47.46 kCr |
Comprehensive comparison against sector averages
TATAPOWER metrics compared to Power
| Category | TATAPOWER | Power |
|---|---|---|
| PE | 31.83 | 17.01 |
| PS | 1.89 | 2.83 |
| Growth | 5.9 % | 2.6 % |
Tata Power Co. is an Integrated Power Utilities company, recognized under the stock ticker TATAPOWER, with a market capitalization of Rs. 126,247.9 Crores. Established in 1915 and headquartered in Mumbai, India, Tata Power engages in various aspects of the electricity sector, both domestically and internationally.
The company focuses on the generation, transmission, distribution, and trading of electricity. It generates power through diverse sources including hydroelectric, thermal (coal, gas, and oil), solar, wind, and waste heat. Moreover, Tata Power provides a range of ancillary services related to these operations.
Tata Power's activities extend beyond traditional electricity provision; it operates transmission and distribution networks and sells power to retail customers. The company also undertakes project management and infrastructure management, offering property development services and renting out oil tanks.
Additionally, Tata Power manufactures and sells solar cells and modules, operates electric vehicle charging stations, and manages coal mines. It has an installed capacity of 14,707 megawatts as of March 31, 2024, and has recorded a trailing twelve months revenue of Rs. 66,009.1 Crores.
The company is committed to returning value to its investors, distributing dividends with a yield of 0.55% per year, and recently declared a Rs. 2 dividend per share. Over the past three years, Tata Power has achieved a remarkable revenue growth of 58.8%.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
TATAPOWER vs Power (2021 - 2025)
Increased profits from cell-module sales and rooftop executions may help offset losses for Tata Power.
Tata Power remains hopeful for a resolution to the Mundra power purchase agreement.
The company is exploring avenues to mitigate the impact of the shutdown on its financial performance.
Newspaper Publication • 25 Jul 2025 Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Newspaper Publication |
Acquisition • 24 Jul 2025 We wish to inform you that Company has completed (first tranche) of acquisition in Khorlochhu Hydro Power Limited. |
Analyst / Investor Meet • 23 Jul 2025 We hereby inform that the Analyst Call to discuss the results for Q1 FY26 will be held on Friday, August 1, 2025 from 6:00 P.M. (IST) onwards. |
Press Release / Media Release • 18 Jul 2025 Press Released titled - Tata Power Renewable Energy Limited secures 120 MWh BESS Battery Energy Storage Purchase Agreement from NHPC Limited for Kerala State Electricity Board Limited. |
Award of Order / Receipt of Order • 18 Jul 2025 Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Here are the major questions and their detailed answers from the Q&A section of the earnings transcript:
Question: "What led to the shortfall on CAPEX, and what challenges delayed your CAPEX and capacity addition targets?" Answer: "Our CAPEX for FY '25 was Rs. 16,200 crores and for Q4 was Rs. 4,000 crores plus. Delays occurred mainly in renewables due to transmission and evacuation systems set up by other companies. Additionally, some transmission lines faced right-of-way issues, which we've addressed. Any incomplete projects will be made up in the upcoming quarter."
Question: "Are the transmission evacuation issues sorted to commission 2.5 gigawatts of renewable as targeted this year?" Answer: "Yes, we plan to commission nearly 2.5-2.7 gigawatts of renewable projects this fiscal year. Last year, we completed 2.3 gigawatts successfully."
Question: "Given the operational success in the solar cell business, will this margin performance continue in FY '26?" Answer: "The cell plant has ramped up to full capacity, expecting over 3,700 megawatts in FY '26. This will drive improved margins as both the module and cell lines stabilize."
Question: "What is the proportion of third-party sales in the solar module and cell business?" Answer: "We have a large backlog of orders for our projects. Until Q3, we won't have excess capacity for third-party sales, as most of our production will be consumed internally, particularly for rooftop solar initiatives."
Question: "What is the impact of Note Number 2 regarding the CERC judgment?" Answer: "There is no financial impact this quarter. The Note pertains to prior quarters and supports our efforts in collecting receivables."
Question: "Can you break down the FY '26 CAPEX layout across various businesses?" Answer: "For FY '26, we anticipate a CAPEX of around Rs. 25,000 crores, with 60% allocated to renewables, about 30% to transmission and distribution, while the remainder will be adjusted dynamically."
Question: "Will Tata Power exit the coal business?" Answer: "Our focus is more on allocating capital towards growth sectors like renewables. While we're looking at opportunities opportunistically, we remain committed to our existing coal plants until our defined timelines are met."
Question: "What is the outlook for Odisha Discom profitability moving forward?" Answer: "The improvements you've seen are sustainable, as we've streamlined processes for billing and collections. We expect consistent performance similar to Q4."
Question: "What led to the high profitability of the rooftop solar segment this quarter?" Answer: "In Q4, we achieved stellar growth in revenues exceeding Rs. 860 crores with high PAT margins. Our market share and consumer trust have driven this performance."
Question: "What is the status of long-term PPAs for pumped storage plants?" Answer: "We're developing pumped hydro to provide bundled power with renewables. It will take six more months to secure long-term PPAs and position our offerings effectively for market needs."
These questions capture vital strategic and operational elements discussed in the earnings call, providing insights into Tata Power's performance and future direction.
| Tata Motors Finance Limited (Formerly Tata Motors Finance Solutions Limited) | 0% |
| Sir Dorabji Tata Trust | 0% |
| Sir Ratan Tata Trust | 0% |
| JRD Tata Trust | 0% |
| Independent Directors | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +0.60% |
| -14.00% |
| 17.5 |
| 5.72 |
| - |
| - |
| ADANIGREEN | Adani Green Energy | 1.55 LCr | 12.41 kCr | -0.50% | -46.40% | 116.59 | 12.45 | - | - |
| JSWENERGY | JSW Energy | 90.55 kCr | 12.64 kCr | +2.00% | -22.50% | 46.26 | 7.16 | - | - |
| TORNTPOWER | TORRENT POWER | 66.79 kCr | 29.65 kCr | -9.30% | -13.60% | 21.72 | 2.25 | - | - |
| Total Expenses |
| 13.6% |
| 16,180 |
| 14,249 |
| 14,082 |
| 15,856 |
| 15,691 |
| 14,254 |
| Profit Before exceptional items and Tax | -18% | 1,267 | 1,544 | 2,128 | 1,685 | 773 | 1,040 |
| Exceptional items before tax | - | 18 | 0 | -140 | 0 | 39 | 0 |
| Total profit before tax | -16.8% | 1,285 | 1,544 | 1,988 | 1,685 | 811 | 1,040 |
| Current tax | 2.2% | 189 | 185 | -192.91 | 181 | 283 | 186 |
| Deferred tax | 24.1% | 104 | 84 | 873 | 120 | 208 | 226 |
| Total tax | 9.3% | 294 | 269 | 680 | 302 | 491 | 413 |
| Total profit (loss) for period | 9.9% | 1,306 | 1,188 | 1,093 | 1,189 | 1,046 | 1,076 |
| Other comp. income net of taxes | -141.8% | -59.14 | 145 | 55 | -6.39 | 254 | 105 |
| Total Comprehensive Income | -6.5% | 1,247 | 1,333 | 1,148 | 1,182 | 1,300 | 1,181 |
| Earnings Per Share, Basic | 1.8% | 3.26 | 3.22 | 2.9 | 3.04 | 2.79 | 2.98 |
| Earnings Per Share, Diluted | 1.8% | 3.26 | 3.22 | 2.9 | 3.03 | 2.79 | 2.98 |
| Debt equity ratio | 0% | 0.0149 | 0.0146 | 0.01 | 0.0145 | 0.0141 | 0.0143 |
| Debt service coverage ratio | -0.3% | 0.0103 | 0.0134 | 0.02 | 0.0129 | 077 | 091 |
| Interest service coverage ratio | 0% | 0.0239 | 0.0235 | 0.03 | 0.0237 | 0.0241 | 0.0247 |
| -0.6% |
| 790 |
| 795 |
| 746 |
| 738 |
| 649 |
| 611 |
| Finance costs | -7.2% | 2,095 | 2,257 | 2,227 | 2,189 | 1,519 | 1,510 |
| Depreciation and Amortization | 0.5% | 1,194 | 1,188 | 1,167 | 1,134 | 669 | 686 |
| Other expenses | 4.5% | 15,935 | 15,251 | 15,370 | 8,823 | 3,715 | 4,194 |
| Total Expenses | 2.7% | 20,162 | 19,639 | 19,510 | 12,884 | 6,551 | 7,001 |
| Profit Before exceptional items and Tax | 103.2% | 4,687 | 2,307 | 2,303 | 1,211 | 878 | 1,308 |
| Exceptional items before tax | - | 0 | 0 | 688 | 1,412 | -109.29 | -306.35 |
| Total profit before tax | 103.2% | 4,687 | 2,307 | 2,991 | 2,623 | 769 | 1,002 |
| Current tax | 98.9% | 0 | -93.11 | -29.73 | -105.11 | 205 | 19 |
| Deferred tax | 29.2% | 483 | 374 | 873 | -387.85 | -104.34 | -226.43 |
| Total tax | 72.1% | 483 | 281 | 843 | -492.96 | 101 | -207.82 |
| Total profit (loss) for period | 40.5% | 3,133 | 2,230 | 3,268 | 2,783 | 921 | 148 |
| Other comp. income net of taxes | -88.5% | 57 | 489 | 111 | 314 | 185 | -52.76 |
| Total Comprehensive Income | 17.3% | 3,190 | 2,719 | 3,379 | 3,097 | 1,107 | 95 |
| Earnings Per Share, Basic | 47.4% | 9.8 | 6.97 | 10.22 | 8.61 | 2.49 | -0.08 |
| Earnings Per Share, Diluted | 47.2% | 9.79 | 6.97 | 10.22 | 8.61 | 2.49 | -0.08 |
| Debt equity ratio | -0.4% | 0.011 | 0.0145 | 0.0185 | 0.0258 | 0.0112 | - |
| Debt service coverage ratio | 0.5% | 0.0113 | 067 | 0.0125 | 0.0109 | 092 | 062 |
| Interest service coverage ratio | 0.6% | 0.0275 | 0.0212 | 0.0254 | 0.0162 | 0.0155 | 094 |
| 7.7% |
| 2,248 |
| 2,088 |
| 1,799 |
| 1,632 |
| 1,273 |
| 1,073 |
| Non-current investments | 6.6% | 14,055 | 13,181 | 13,014 | 12,272 | 12,065 | 11,725 |
| Loans, non-current | 286.3% | 198 | 52 | 4.25 | 2.48 | 2.68 | 3.06 |
| Total non-current financial assets | 12.2% | 15,680 | 13,976 | 13,567 | 12,809 | 12,620 | 12,306 |
| Total non-current assets | 4.6% | 44,650 | 42,677 | 42,312 | 40,390 | 40,073 | 38,666 |
| Total assets | 4.3% | 52,645 | 50,473 | 50,489 | 48,269 | 48,173 | 47,303 |
| Borrowings, non-current | 0.3% | 12,613 | 12,577 | 13,373 | 13,204 | 11,272 | 9,834 |
| Total non-current financial liabilities | 0.1% | 15,394 | 15,381 | 16,135 | 16,006 | 14,142 | 12,482 |
| Provisions, non-current | 8.1% | 269 | 249 | 281 | 288 | 286 | 256 |
| Total non-current liabilities | 2.6% | 18,406 | 17,943 | 18,389 | 17,986 | 15,904 | 13,733 |
| Borrowings, current | -12.2% | 4,359 | 4,965 | 6,153 | 8,331 | 10,593 | 11,616 |
| Total current financial liabilities | 2.2% | 14,883 | 14,567 | 15,423 | 15,218 | 17,579 | 20,704 |
| Provisions, current | -21.6% | 30 | 38 | 28 | 24 | 18 | 40 |
| Current tax liabilities | 0% | 144 | 144 | 129 | 198 | 198 | 108 |
| Total current liabilities | 2% | 15,760 | 15,454 | 16,198 | 16,126 | 18,455 | 21,455 |
| Total liabilities | 2.3% | 34,279 | 33,511 | 34,701 | 34,225 | 34,473 | 35,302 |
| Equity share capital | 0% | 320 | 320 | 320 | 320 | 320 | 320 |
| Total equity | 8.3% | 18,366 | 16,963 | 15,788 | 14,043 | 13,700 | 12,001 |
| Total equity and liabilities | 4.3% | 52,645 | 50,473 | 50,489 | 48,269 | 48,173 | 47,303 |
| 336.7% |
| 11 |
| 3.29 |
| 0 |
| 0 |
| - |
| - |
| Net Cashflows from Operations | 6.9% | 6,105 | 5,709 | 627 | 1,800 | - | - |
| Income taxes paid (refund) | -6.3% | -183.6 | -172.64 | 126 | 116 | - | - |
| Net Cashflows From Operating Activities | 6.9% | 6,288 | 5,881 | 500 | 1,684 | - | - |
| Cashflows used in obtaining control of subsidiaries | 120.3% | 838 | 381 | 5,383 | 779 | - | - |
| Proceeds from sales of PPE | 61.5% | 219 | 136 | 10 | 18 | - | - |
| Purchase of property, plant and equipment | -2.1% | 1,624 | 1,659 | 1,711 | 1,186 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | 2300% | 385 | 17 | 1,725 | 4,992 | - | - |
| Dividends received | 0.3% | 2,028 | 2,022 | 5,303 | 819 | - | - |
| Interest received | 20.8% | 181 | 150 | 71 | 186 | - | - |
| Other inflows (outflows) of cash | 105% | 20 | -381.88 | 43 | 276 | - | - |
| Net Cashflows From Investing Activities | 22.3% | -71.33 | -92.11 | 5,124 | 1,587 | - | - |
| Payments of other equity instruments | - | 0 | 0 | 0 | 1,600 | - | - |
| Proceeds from borrowings | -78.5% | 7,484 | 34,783 | 32,031 | 25,273 | - | - |
| Repayments of borrowings | -72.9% | 10,045 | 37,122 | 34,507 | 24,673 | - | - |
| Payments of lease liabilities | 10.1% | 339 | 308 | 293 | 277 | - | - |
| Dividends paid | 0% | 639 | 639 | 559 | 495 | - | - |
| Interest paid | -18.8% | 1,779 | 2,190 | 2,031 | 1,870 | - | - |
| Other inflows (outflows) of cash | 9.1% | 13 | 12 | 9.36 | 8.19 | - | - |
| Net Cashflows from Financing Activities | 2.9% | -5,305.02 | -5,464.6 | -5,349.62 | -3,634.98 | - | - |
| Net change in cash and cash eq. | 181.2% | 912 | 325 | 274 | -364.15 | - | - |
General • 10 Jul 2025 Disclosure under regulation 30 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015. |
Press Release / Media Release • 04 Jul 2025 Press Release titled - '' Tata Power Renewables achieves record 45,500 Rooftop Installations with 220 MW installed capacity in Q1 FY26''. |
Analysis of Tata Power Co.'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Transmission and Distribution | 62.0% | 9.6 kCr |
| Renewables | 24.4% | 3.8 kCr |
| Thermal & Hydro | 13.0% | 2 kCr |
| Others | 0.7% | 104 Cr |
| Total | 15.5 kCr |