The Tata Power Company Limited share price

NSE: TATAPOWER · ISIN INE245A01021

Key numbers

Market cap
₹ 1,17,429 Cr
Current price
₹ 367.50
52-week high / low
₹ 465 / 343
Stock P/E
30.5
Book value
₹ 123.5
Dividend yield
0.68%
ROCE
10.4%
ROE
10.0%
Debt to equity
2.02
Sales growth (3 yrs)
4.1%
Profit growth (3 yrs)
3.9%
1-year return
-5.8%

About The Tata Power Company Limited

The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. It operates through four segments: Thermal & Hydro, Transmission & Distribution, Renewables, and Others. The company generates power from hydroelectric and thermal sources, such as coal, gas, and oil; and provides related ancillary services. It also engages in the operation of transmission and distribution networks; and sale of power to retail customers through distribution networks. In addition, the company offers project management contracts and infrastructure management, and property development services, as well as rents oil tanks. Further, it is involved in the generation of power from renewable energy sources, such as wind and solar; rooftop solar projects; electric vehicle charging stations; manufactures solar cells and modules; engineering, procurement, and construction; home automation solutions; and maintenance services. Additionally, the company trades in power and coal; generates and distributes power; hydro pump storage, coal mining, trading, shipping, and related infra business; and provides smart meter, consultancy,…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales18,03515,54513,94814,90019,051
Operating profit4,1393,3023,0552,5994,013
Net profit1,0609197729961,176
EPS (₹)3.312.882.413.123.68

Concall summary (2026-07-31)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • So I'm very confident that these will become very big and good assets for Tata Power going forward, like many of the existing assets which have been there for many years, like the hydro plants, which are there for more than 110 years.
  • And we expect that the INR 25,000 crores that we have lined up for this year, we'll be able to implement.

Growth & demand

  • The power demand growth has been very strong in the first quarter.
  • We also see that going forward, there will be a large increase in demand because it's not only the cooling, but also industrial growth has picked up, and there is good demand in the industrial sector.

Margins & costs

  • And so also the EBITDA increase has been 8% to INR 4,249 crores.
  • In fact, the CAGR revenue is 8%, EBITDA is 12% and PAT is 7%.

Capex & expansion

  • The transmission system got delayed and now that has been commissioned one of them and the testing is going for commissioning our plant and the balance wil l happen by next 2 weeks' time.
  • All of the procurers are taking full capacity from the plant, and they are 100% convinced that this is the most sustainable plant in the long run in terms of its tariffs and in terms of merit order.

Balance sheet & cash

  • So we understand that when you do such large investment, the leverage ratios have to be good.
  • Our net debt to underlying EBITDA is 3.41 and our net debt to equity is 1.25.

Peers in Utilities - Independent Power Producers

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