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Tata Power Company Ltd

(TATAPOWER)

₹440.61.01%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 21 analysts

HOLD

47.62%

Buy

9.52%

Hold

42.86%

Sell

Based on 21 analysts offering long term price targets for Tata Power Company Ltd. An average target of ₹412.84

Source: S&P Global Market Intelligence

Tata Power Company Ltd Share analysis

Tata Power Company Ltd price forecast by 21 analysts

Downside of-7.25%

High

₹522

Target

₹412.84

Low

₹270

Tata Power Company Ltd target price ₹412.84, a slight downside of -7.25% compared to current price of ₹440.6. According to 21 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹437.95
    ₹447.1
  • 52 Week's Low

    52 Week's High

    ₹230.8
    ₹471
1 Month Return+ 6.28 %
3 Month Return-1.46 %
1 Year Return+ 67.61 %
Previous Close₹445.10
Open₹445.50
Volume70.15L
Upper Circuit-
Lower Circuit-
Market Cap₹1,42,224.56Cr

Key Statistics

P/E Ratio39.96
PEG Ratio57.08
Market Cap₹1,42,224.56 Cr
P/B Ratio8.33
EPS13.39
Dividend Yield0.51
SectorPower Generation & Distribution
ROE15.12

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹1,42,224.56 Cr118.99%0.80₹4,280 Cr₹61,448 Cr
BUY₹4,03,672.21 Cr47.97%0.78₹21,332 Cr₹1,78,500 Cr
HOLD₹3,13,337.34 Cr39.29%0.80₹15,573 Cr₹45,843 Cr
BUY₹1,18,806.85 Cr68.42%0.66₹1,195 Cr₹16,607 Cr
HOLD₹95,930.08 Cr60.08%0.74₹4,028 Cr₹9,659 Cr

Company Information

Tata Power, a prominent player in the Indian energy sector, was incorporated on September 18, 1919, by Dorabji Tata. The company's registration office is located in Mumbai, Maharashtra, with its Corporate Identification Number (CIN) being L28920MH1919PLC000567. As a key subsidiary of Tata Group, one of India's largest conglomerates, Tata Power has established itself as a leading integrated power company.
The company's lines of business encompass a wide range of products and services in the power sector, including power generation from various sources such as thermal, hydro, solar, and wind. Tata Power is also involved in power transmission, distribution, and trading. Some of its sub-brands include Tata Power Solar Systems Ltd, Tata Power Renewable Energy Ltd, and TP Central Odisha Distribution Ltd. While primarily operating in India, Tata Power has expanded its operations to several other countries, including Singapore, Indonesia, South Africa, and Bhutan. An interesting fact about Tata Power is that it was one of the pioneers in establishing hydroelectric power plants in India, with its first plant at Khopoli dating back to 1915, even before the company's formal incorporation.
Throughout its history, Tata Power has been involved in several mergers and acquisitions to strengthen its market position and expand its capabilities. Notable among these was the acquisition of Welspun Renewables Energy Pvt Ltd in 2016, which significantly boosted Tata Power's renewable energy portfolio. The company continues to evolve and adapt to the changing energy landscape, focusing on sustainable and clean energy solutions to meet the growing power demands of India and beyond.

Share Price: ₹440.60 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,42,224.56Cr as of today
Revenue: ₹17,293.62Cr as on June 2024 (Q2 24)
Net Profit: ₹1,188.63Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: N Chandrasekaran
OrganisationTata Power Company Ltd
Headquarters
IndustryPower Generation & Distribution
E-voting on sharesClick here to vote

Key events for Tata Power Company Ltd

  • Tata Power Expands Solar Capacity and Projects - 18 Sep, 2024

    Tata Power is set to enhance its renewable energy capacity with a Rs 75,000 crore investment for 20GW by 2030 and has secured a 400 MW hybrid project. CEO Praveer Sinha anticipates government initiatives will support domestic solar production despite global oversupply.

  • Tata Power Announces Major Renewable Energy Investments - 17 Sep, 2024

    Tata Power is making significant investments in renewable energy, planning to invest up to $9 billion and Rs 70,000-75,000 crore to expand capacity. The solar module plant in Tamil Nadu is fully operational, contributing to the company's growth in the renewable sector. Shares reacted positively, rising nearly 2% following the announcements.

  • Tata Power Expands Solar Installations in Chhattisgarh - 16 Sep, 2024

    Tata Power's subsidiary, Tata Power Solar Systems, has significantly increased its rooftop solar installations in Chhattisgarh, with solar panels now at more than 600 locations.

  • Tata Power Solar Achieves 600 Rooftop Installations - 15 Sep, 2024

    Tata Power Solar Systems Ltd has successfully installed over 600 rooftop solar systems in Chhattisgarh, enhancing clean energy access under the GharGharSolar initiative. This project aims to provide affordable solar energy solutions to households, supported by government subsidies.

  • Tata Power Rises on EV Charging Partnership News - 13 Sep, 2024

    Tata Power shares increased 2.2% following a MoU with Tata Motors to establish 200 fast-charging stations for electric commercial vehicles, enhancing growth prospects. Analysts maintain a positive outlook with a target price of Rs 500.

  • Tata Power Partners for EV Charging Expansion - 12 Sep, 2024

    Tata Power EV Charging Solutions has signed an MoU with Tata Motors to establish 200 fast-charging stations for electric commercial vehicles across major Indian cities, enhancing sustainable mobility solutions.

  • Tata Power's Solar Production Boosts Stock Amid Challenges - 11 Sep, 2024

    Tata Power has commenced solar cell production at its Tamil Nadu plant, contributing to a 32% YTD stock increase. However, concerns about execution delays persist, with analysts divided on future performance. The company also exited a geothermal project in Indonesia, marking a strategic shift.

  • Tata Power Launches Solar Cell Production in Tamil Nadu - 10 Sep, 2024

    Tata Power's subsidiary has begun commercial production of solar cells at its 2 GW facility in Tamil Nadu, enhancing domestic manufacturing capabilities and supporting India's clean energy goals. The stock surged 6% following the announcement, reflecting strong market confidence.

  • Tata Power Launches Solar Cell Production in Tamil Nadu - 09 Sep, 2024

    Tata Power's subsidiary TP Solar Ltd has commenced solar cell production at its Tirunelveli facility, boosting domestic manufacturing and supporting India's clean energy goals. The plant aims for peak production of 4GW soon, following significant investments.

  • Tata Power Awards Major Contracts in Odisha - 07 Sep, 2024

    Tata Power's Odisha Discoms have awarded contracts totaling Rs 11,481 crore to local contractors and suppliers, enhancing local economic development and supporting the Make in Odisha initiative.

  • Tata Power Shows Strong Returns Over Three Years - 03 Sep, 2024

    Tata Power has achieved a 70% return over the past year and 224% over three years. The stock is currently trading at Rs 433.80, with a positive outlook from market experts.

  • Tata Power Solar Partners with ICICI Bank for Financing - 26 Aug, 2024

    Tata Power Solar Systems Ltd has partnered with ICICI Bank to offer financing options for solar units, allowing customers to access loans up to Rs 90 lakh with flexible terms. This collaboration aims to enhance solar adoption among residential and corporate clients.

  • Tata Power Solar Partners with ICICI Bank for Financing - 23 Aug, 2024

    Tata Power Solar Systems Ltd has signed an agreement with ICICI Bank to provide financing solutions for solar units, offering loans up to Rs 90 lakh with flexible terms. This collaboration aims to enhance accessibility to solar energy for residential and corporate customers.

  • Tata Power Receives Credit Rating Upgrade from S&P - 21 Aug, 2024

    S&P Global Ratings upgraded Tata Power's credit rating to BBB- with a positive outlook, highlighting its strategic importance to Tata Sons and operational integration within the group. The upgrade reflects stronger financial expectations and support from Tata Sons, alongside stable cash flows from regulated operations.

  • Tata Power Employee Raises Concerns Over Laptop Policy - 20 Aug, 2024

    A Tata Power employee claims the company is coercing him to buy a work-issued laptop for Rs 65,000, prompting discussions on employee rights and corporate ethics.

Insights on Tata Power Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 9.44% to 9.50% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.59% to 7.24% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, TATAPOWER stock has moved up by 231.4%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 895.21 Cr → 970.91 Cr (in ₹), with an average increase of 7.8% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 15.74K Cr → 17.87K Cr (in ₹), with an average increase of 6.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 46.86% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, NHPC Ltd has given 241.7% return, outperforming this stock by 10.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NHPC Ltd has given 76.2% return, outperforming this stock by 8.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.90% to 27.81% in Jun 2024 quarter

Tata Power Company Ltd Infographics

Tata Power Company Ltd Q2 FY2023-2024 Results: Key Insights

Let's find out how Tata Power Company performed this quarter (Q2FY24)

  • Let's find out how Tata Power Company performed this quarter (Q2FY24)
  • Total Income increased by 9% as revenue from operation rises
  • EBITDA grew by more than 50% as income from renewables rose
  • Net profit growth was 9% due to increase in finance costs
  • Segment Revenue: Transmission and distribution contributed to more than 50% of the revenue
  • The company is driving green energy transition through renewables with a capacity of 7,961 MW

News

Declining Stock and Decent Financials: Is The Market Wrong About Steel Authority of India Limited (NSE:SAIL)?

It is hard to get excited after looking at Steel Authority of India's (NSE:SAIL) recent performance, when its stock has...31 Jul, 2024 06:08 AM

Ministry of Steel Unveils Plans for Revival of VISL Visveswaraya Iron & Steel Plant

The Government accorded ‘in principle’ approval for strategic disinvestment of Visveswaraya Iron & Steel Plant (VISP) in October 2016. Subsequently, due to inability expressed by the shortlisted bidders to participate further in the transaction f31 Jul, 2024 01:18 PM

SAIL Recruitment 2024: Monthly Salary Up to 160000 Check Post Details Here Apply Now

SAIL is looking for interested and eligible candidates for the post of Consultant (Doctors in Medical Disciplines) for DSP and ASP - 2024.31 Jul, 2024 01:28 PM
View More

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹15,213.29Cr (-)₹15,738.03Cr (↑3.45%)₹14,651.00Cr (↓6.91%)₹15,846.58Cr (↑8.16%)₹17,293.62Cr (↑9.13%)
Net Income₹1,140.97Cr (-)₹1,017.41Cr (↓10.83%)₹1,076.12Cr (↑5.77%)₹1,045.59Cr (↓2.84%)₹1,188.63Cr (↑13.68%)
Net Profit Margin7.50% (-)6.46% (↓13.87%)7.35% (↑13.78%)6.60% (↓10.20%)6.87% (↑4.09%)
Value in ₹ crore
Details2021202220232024
Total Assets₹48,333.77Cr (-)₹51,044.10Cr (↑5.61%)₹51,460.52Cr (↑0.82%)₹53,403.78Cr (↑3.78%)
Total Liabilities₹38,455.70Cr (-)₹40,164.30Cr (↑4.44%)₹37,760.93Cr (↓5.98%)₹37,616.12Cr (↓0.38%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,308.80Cr (-)₹3,334.01Cr (↑44.40%)₹1,683.75Cr (↓49.50%)₹500.05Cr (↓70.30%)₹5,881.49Cr (↑1,076.18%)

Index Inclusions

S&P BSE Infra.

₹692.73

-0.4 (-2.78%)

S&P BSE 100 LargeCap TMC

₹9,501.48

-0.27 (-25.32%)

BSE 100

₹26,848.08

-0.24 (-63.95%)

Nifty Energy

₹42,350.70

-0.7 (-298.1%)

Nifty India Consumption

₹12,472.05

-0.23 (-28.15%)

Nifty Commodities

₹9,337.05

-0.83 (-78.25%)

Nifty Services Sector

₹32,714.65

0.02 (7.4%)

S&P BSE POWER

₹8,338.90

-0.38 (-31.51%)

Nifty LargeMidcap 250

₹16,673.25

-0.45 (-74.8%)

S&P BSE Utilities

₹6,517.21

-0.06 (-4.07%)

NIFTY 100

₹26,420.15

-0.19 (-51.15%)

Nifty 200

₹14,380.45

-0.28 (-40.1%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

Nifty Infra

₹9,338.60

-0.45 (-41.95%)

S&P BSE Dividend Stability

₹1,107.85

-0.82 (-9.17%)

S&P BSE SEN. N50

₹87,206.90

-0.22 (-189.17%)

S&P BSE Largecap

₹9,908.53

-0.25 (-24.94%)

Nifty Next 50

₹74,936.15

-0.43 (-324.05%)

Nifty100 Eq Weig

₹34,648.00

-0.39 (-135.05%)

BSE 200

₹11,731.01

-0.34 (-40.29%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
46.86%
0.00
Foreign Institutions
9.5%
0.67
Mutual Funds
7.24%
29.50
Retail Investors
27.81%
-0.31
Others
8.59%
-15.90

Key Indicators

Details20202021202220232024
Return On Equity %6.862.619.4622.0815.12
Details20202021202220232024
Return On Assets %2.642.333.416.486.92
Details20202021202220232024
Book Value Per Share (₹)64.3563.0968.1688.0299.18
Details20202021202220232024
Earning Per Share (₹)4.874.56.7511.9213.39

Tata Power Company Ltd Valuation

Tata Power Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.37x)

October 9, 2018

Industry (30.90x)

September 17, 2024

Today (39.96x)

September 17, 2024

Highest (61.26x)

October 18, 2021

LowHigh

Earnings and Dividends

  • Tata Power Company Ltd Earnings Results

    Tata Power Company Ltd’s net profit fell -0.16% since last year same period to ₹970.91Cr in the Q1 2024-2025. On a quarterly growth basis, Tata Power Company Ltd has generated 8.46% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Tata Power Company Ltd Dividends May,2024

    In the quarter ending March 2024, Tata Power Company Ltd has declared dividend of ₹2 - translating a dividend yield of 0.45%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Tata Power Company Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Tata Power Company Ltd (TATAPOWER) share price today is ₹440.6

Tata Power Company Ltd is listed on NSE

Tata Power Company Ltd is listed on BSE

  • Today’s highest price of Tata Power Company Ltd is ₹447.1.
  • Today’s lowest price of Tata Power Company Ltd is ₹437.95.

PE Ratio of Tata Power Company Ltd is 39.96

PE ratio = Tata Power Company Ltd Market price per share / Tata Power Company Ltd Earnings per share

Today’s traded volume of Tata Power Company Ltd(TATAPOWER) is 70.15L.

Today’s market capitalisation of Tata Power Company Ltd(TATAPOWER) is ₹142224.56Cr.

Tata Power Company Ltd(TATAPOWERPrice
52 Week High
₹471
52 Week Low
₹230.8

Tata Power Company Ltd(TATAPOWER) share price is ₹440.6. It is down -6.45% from its 52 Week High price of ₹471

Tata Power Company Ltd(TATAPOWER) share price is ₹440.6. It is up 90.90% from its 52 Week Low price of ₹230.8

Tata Power Company Ltd(TATAPOWERReturns
1 Day Returns
-4.5%
1 Month Returns
6.28%
3 Month Returns
-1.46%
1 Year Returns
67.61%