Tata Power Co. Ltd

BSE: TATAPOWER500400ISIN INE245A01021

Utilities
Integrated Power Utilities
BSE 100

BSE listing

Share price

₹374.80+6.50 (+1.76%)

as of 18 Sep 2026

52W high: ₹464.80
52W low: ₹342.35
Off 52W high: -19.36%
1M return: -0.90%
3M return: -6.79%
6M return: -6.94%
1Y return: -4.67%
20D avg volume: 4,52,581
50 DMA: ₹373.03
200 DMA: ₹387.06

Key ratios Consolidated

Market cap: ₹1,19,761 Cr
Current price: ₹374.80
52W high / low: ₹464.80 / ₹342.35
Face value: ₹1.00
P/E: 22.79
P/B: —
EPS (TTM): ₹16.45
Book value / share: —
ROE: —
ROCE: 7.30%
Operating margin: —
Net margin: —
Debt / equity: 1.50
Net debt: ₹66,713 Cr
Interest cover: 1.89
Dividend yield: 0.67%
Dividend / share (TTM): ₹2.50
Payout: 15.20%
Cash conversion cycle: 14.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	19,051	14,900	13,948	15,545	18,035	17,096	15,391	15,698	17,294	15,847	14,651	15,738
	388.39	555.28	320.67	505.41	361.71	351.07	402.37	513.13	247.36	617.36	643.13	291.51
	17,705	14,876	13,465	14,724	16,336	16,180	14,249	14,082	15,856	15,691	14,254	14,755
	1,999	2,465	2,036	2,169	1,949	1,898	1,450	522.04	1,051	1,771	1,661	1,017
	2.93	8.24	14.75	12.94	6.42	11.11	7.39	7.79	5.55	13.42	5.65	11.07
	1,185	1,234	1,196	1,102	1,161	1,261	1,058	1,041	1,014	1,084	981.55	994.90
	1,407	1,295	1,364	1,319	1,279	1,213	1,170	1,143	1,176	1,136	1,094	1,182
	1,260	1,280	1,208	1,162	1,161	1,116	1,041	986.69	972.89	1,041	926.27	925.89
	12,137	8,586	7,477	9,180	10,820	10,632	1,685	1,621	1,508	1,947	1,475	1,243
	1,735	578.98	804.02	1,327	2,061	1,267	1,544	2,128	1,685	772.70	1,040	1,275
	0.00	-94.17	0.00	0.00	0.00	17.95	0.00	-140.00	0.00	38.68	0.00	0.00
	1,735	484.81	804.02	1,327	2,061	1,285	1,544	1,988	1,685	811.38	1,040	1,275
	422.48	381.48	345.30	434.51	357.14	293.60	269.15	679.79	301.71	491.44	412.64	213.27
	1,401	1,416	1,194	1,245	1,262	1,306	1,188	1,093	1,189	1,046	1,076	1,017
	3.68	3.12	2.41	2.88	3.31	3.26	3.22	2.90	3.04	2.79	2.98	2.74
Key metrics
	4,402	3,060	3,376	3,807	4,501	3,615	3,755	4,118	3,834	2,988	3,061	3,382
	23.10%	20.50%	24.20%	24.50%	25.00%	21.10%	24.40%	26.20%	22.20%	18.90%	20.90%	21.50%
	7.40%	9.50%	8.60%	8.00%	7.00%	7.60%	7.70%	7.00%	6.90%	6.60%	7.30%	6.50%
	—	1.30%	—	2.10%	—	2.20%	—	—	—	—	—	—
	5.60%	-12.80%	-9.40%	-1.00%	4.30%	7.90%	5.10%	-0.30%	—	—	—	—
	11.00%	8.40%	0.60%	13.90%	6.20%	24.90%	10.40%	7.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	63,445	62,429	65,478	61,449	55,109	42,816	32,468	29,136	29,559	29,331
	1,770	1,743	1,514	1,823	1,438	919.96	439.24	562.61	395.83	432.69
	60,770	59,401	60,368	59,085	55,214	42,286	32,296	28,321	29,699	29,505
	8,669	8,618	4,921	5,440	3,882	3,833	2,628	957.18	919.35	748.97
	38.86	42.35	31.84	39.89	56.15	49.11	28.89	111.74	345.22	181.68
	4,717	4,694	4,373	4,036	3,624	3,612	2,156	1,441	1,339	1,382
	5,384	5,257	4,702	4,633	4,372	3,859	4,010	4,494	4,170	3,723
	4,910	4,811	4,117	3,786	3,439	3,122	2,745	2,634	2,393	—
	37,380	36,063	42,663	5,887	5,775	4,060	2,812	2,343	2,260	2,374
	4,445	4,770	6,624	4,188	1,333	1,450	611.59	1,378	255.42	258.72
	-94.17	-94.17	-122.05	273.36	0.00	-150.27	-109.29	226.16	1,746	1,103
	4,351	4,676	6,502	4,461	1,333	1,300	502.30	1,604	2,001	1,361
	1,584	1,518	1,544	1,452	1,647	379.56	501.88	641.49	656.09	164.31
	5,256	5,118	4,775	4,280	3,810	2,156	1,439	1,316	2,440	2,679
	12.09	11.72	12.42	11.56	10.43	6.82	3.32	4.64	8.15	—
Key metrics
	14,645	14,744	15,322	12,881	9,144	8,281	7,258	8,732	8,564	5,084
	23.08%	23.60%	23.40%	21.00%	16.60%	19.30%	22.40%	30.00%	29.00%	17.30%
	8.28%	8.20%	7.30%	7.00%	6.90%	5.00%	4.40%	4.50%	8.30%	9.10%
	—	7.30%	10.10%	—	—	—	—	—	—	—
	—	-4.70%	6.60%	11.50%	28.70%	31.90%	11.40%	-1.40%	0.80%	—
	—	7.20%	11.60%	12.30%	76.70%	49.80%	9.30%	-46.10%	-8.90%	—
	—	-7,702	-4,593	—	—	—	—	—	—	—
	—	1.17	2.66	—	—	—	—	—	—	—
	—	1.50	1.36	—	—	—	—	—	—	—
	—	66,713	53,283	—	—	—	—	—	—	—
	—	14.1	7.9	—	—	—	—	—	—	—
Balance sheet
	—	1,75,172	1,56,711	—	—	—	—	—	—	—
	—	30,571	28,757	—	—	—	—	—	—	—
	—	4,410	4,862	—	—	—	—	—	—	—
	—	4,424	5,710	—	—	—	—	—	—	—
	—	5,108	4,572	—	—	—	—	—	—	—
	—	1,774	1,941	—	—	—	—	—	—	—
	—	84,396	75,351	—	—	—	—	—	—	—
	—	7,138	8,855	—	—	—	—	—	—	—
	—	39,224	45,270	—	—	—	—	—	—	—
	—	71,122	58,146	—	—	—	—	—	—	—
	—	9,514	14,016	—	—	—	—	—	—	—
	—	61,609	44,130	—	—	—	—	—	—	—
	—	47,538	42,606	—	—	—	—	—	—	—
Cash flow
	—	5,993	12,680	—	—	—	—	—	—	—
	—	-14,193	-15,449	—	—	—	—	—	—	—
	—	7,783	4,292	—	—	—	—	—	—	—
	—	13,695	17,273	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	5,689	2,833	2,483	2,625	5,285	5,965	5,731	4,889	5,774	4,961	4,926	5,014
	191.24	292.37	258.88	770.26	520.68	207.51	708.84	808.15	764.97	705.28	469.26	234.42
	5,369	3,023	2,855	2,754	5,000	5,555	5,059	4,243	5,306	5,073	4,847	4,868
	7.84	38.03	30.91	35.27	23.46	68.52	34.59	42.07	3.27	130.35	16.91	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	223.52	229.44	220.01	191.51	196.23	228.09	196.08	199.30	166.35	236.35	183.88	184.05
	556.21	486.45	510.21	481.82	497.35	509.54	511.60	525.49	548.78	538.77	533.32	587.60
	318.81	331.96	293.39	283.36	305.51	297.02	306.17	292.82	297.87	327.61	284.32	286.65
	4,263	1,938	1,800	1,762	3,978	4,452	365.99	319.17	337.35	467.53	329.18	263.60
	510.75	101.65	-113.45	641.35	805.58	617.61	1,381	1,455	1,233	593.07	548.39	380.63
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	510.75	101.65	-113.45	641.35	805.58	617.61	1,381	1,455	1,233	593.07	548.39	380.63
	96.86	-192.60	53.23	150.84	148.72	0.25	81.37	186.72	214.80	80.62	158.16	51.56
	277.37	333.79	-160.32	431.10	520.09	409.11	977.92	1,009	737.04	846.11	527.08	410.26
	0.87	1.04	-0.50	1.34	1.63	1.28	3.06	3.16	2.96	2.64	1.33	1.28
Key metrics
	1,386	920.06	690.15	1,407	1,608	1,424	2,199	2,273	2,080	1,459	1,366	1,255
	24.40%	32.50%	27.80%	53.60%	30.40%	23.90%	38.40%	46.50%	36.00%	29.40%	27.70%	25.00%
	4.90%	11.80%	-6.50%	16.40%	9.80%	6.90%	17.10%	20.60%	12.80%	17.10%	10.70%	8.20%
	—	1.40%	—	2.90%	—	3.10%	—	—	—	—	—	—
	7.60%	-52.50%	-56.70%	-46.30%	-8.50%	20.20%	16.30%	-2.50%	—	—	—	—
	-46.70%	-18.40%	-116.40%	-57.30%	-29.40%	-51.60%	85.50%	145.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	13,629	13,226	22,359	20,093	17,728	11,108	6,181	7,726	7,933	7,537
	1,513	1,842	2,489	1,852	4,085	2,987	1,249	582.62	516.35	929.34
	14,002	13,633	20,162	19,639	19,510	12,884	6,551	7,001	7,446	7,037
	112.05	127.67	148.45	147.26	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	864.48	837.19	789.82	794.71	746.17	737.59	649.07	610.71	637.57	596.69
	2,035	1,976	2,095	2,257	2,227	2,189	1,519	1,510	1,500	1,431
	1,228	1,214	1,194	1,188	1,167	1,134	668.89	685.75	632.70	663.21
	9,763	9,478	15,935	1,322	1,691	—	765.68	756.69	801.87	877.52
	1,140	1,435	4,687	2,307	2,303	1,211	878.28	1,308	1,003	1,429
	0.00	0.00	0.00	—	688.09	1,412	-109.29	-306.35	1,168	-4,437
	1,140	1,435	4,687	2,307	2,991	2,623	768.99	1,002	2,171	-3,009
	108.33	53.73	482.64	281.24	843.07	492.96	100.97	207.82	91.97	165.82
	881.94	1,125	3,133	2,230	3,268	2,783	921.45	148.12	1,709	-3,151
	2.75	3.52	9.80	6.97	10.22	10.07	2.64	1.44	6.36	—
Key metrics
	4,403	4,625	7,976	5,753	6,385	5,947	2,957	3,198	4,304	-914.01
	32.30%	35.00%	35.70%	28.60%	36.00%	53.50%	47.80%	41.40%	54.30%	-12.10%
	6.47%	8.50%	14.00%	11.10%	18.40%	25.10%	14.90%	1.90%	21.50%	-41.80%
	—	8.20%	18.40%	—	—	—	—	—	—	—
	—	-40.90%	11.30%	13.30%	59.60%	79.70%	-20.00%	-2.60%	5.30%	—
	—	-64.10%	40.50%	-31.80%	17.40%	202.00%	522.10%	-91.30%	154.20%	—
	—	-4,159	4,665	—	—	—	—	—	—	—
	—	-1.52	2.01	—	—	—	—	—	—	—
	—	1.25	0.92	—	—	—	—	—	—	—
	—	22,304	15,461	—	—	—	—	—	—	—
	—	16.0	-23.0	—	—	—	—	—	—	—
Balance sheet
	—	54,967	52,645	—	—	—	—	—	—	—
	—	5,496	6,325	—	—	—	—	—	—	—
	—	707.33	1,511	—	—	—	—	—	—	—
	—	995.17	1,514	—	—	—	—	—	—	—
	—	2,841	2,424	—	—	—	—	—	—	—
	—	151.88	237.15	—	—	—	—	—	—	—
	—	24,199	23,324	—	—	—	—	—	—	—
	—	3,257	5,347	—	—	—	—	—	—	—
	—	13,586	15,760	—	—	—	—	—	—	—
	—	23,012	16,972	—	—	—	—	—	—	—
	—	5,222	4,359	—	—	—	—	—	—	—
	—	17,790	12,613	—	—	—	—	—	—	—
	—	18,416	18,366	—	—	—	—	—	—	—
Cash flow
	—	-1,712	6,288	—	—	—	—	—	—	—
	—	-2,262	-71.33	—	—	—	—	—	—	—
	—	3,170	-5,305	—	—	—	—	—	—	—
	—	2,447	1,624	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -9.30%
Sales CAGR 5Y: +16.43%
Sales CAGR 10Y: —
Profit CAGR 3Y: -29.92%
Profit CAGR 5Y: +4.07%
Profit CAGR 10Y: —
Sales YoY (TTM): -37.68%
Profit YoY (TTM): -69.75%

Consolidated

Sales CAGR 3Y: +4.24%
Sales CAGR 5Y: +13.97%
Sales CAGR 10Y: —
Profit CAGR 3Y: +10.34%
Profit CAGR 5Y: +28.89%
Profit CAGR 10Y: —
Sales YoY (TTM): -4.19%
Profit YoY (TTM): +8.39%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 46.85%

Holder	Type	Holding	Previous	Change
Tata Sons Private Limited	Promoter	45.21%	—	—
Life Insurance Corporation of India	Public	4.93%	—	—
Nippon Life India Trustee Ltd-A/C Nippon India Large Cap Fund	Public	2.09%	—	—
NPS TRUST- A/C	Public	1.45%	—	—
Tata Steel Limited	Promoter Group	1.22%	—	—
Franklin India Flexi Cap Fund	Public	1.10%	—	—
Tata Investment Corporation Ltd	Promoter Group	0.21%	—	—
Tata Industries Limited	Promoter Group	0.14%	—	—
Ewart Investments Limited	Promoter Group	0.07%	—	—
Air India Express Limited	Promoter Group	0.00%	—	—
AFCL Ghana Ltd	Promoter Group	0.00%	—	—
Tata Communications (Russia) LLC	Promoter Group	0.00%	—	—
Tata Semiconductor Manufacturing Private Limited	Promoter Group	0.00%	—	—
Leanluxe Hospitality Private Limited	Promoter Group	0.00%	—	—
Tata Pension Management Fund Private Limited	Promoter Group	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Intimation of Schedule of Analyst/Institutional Investor Meet19 Sep 2026 · Company Update / Analyst / Investor Meet
Investor Analyst meet Intimation11 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Analyst/Institutional Investor Meet.4 Sep 2026 · Company Update / Analyst / Investor Meet
Press release titled "Tata Power Strengthens NCR''s Power Infrastructure with Commissioning of 400kV Jalpura-Khurja Transmission corridor, comprising 162 CKM Transmission lines and 1,000 ....3 Sep 2026 · Company Update / Press Release / Media Release
Press Release Tiled "Tata Power Renewables Utility Portfolio'' Scales to 12.3 GW Surpasses 7 GW Operational Capacity with the Commissioning of 100 MW Project at Kayathar, Tamil Nadu."31 Aug 2026 · Company Update / Press Release / Media Release
Press release titled " Tata Power Renewables Powers Tata Steel''s Decarbonization Journey with 72.5 MW Captive Solar Project in Rajasthan."27 Aug 2026 · Company Update / Press Release / Media Release
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.26 Aug 2026 · Company Update / General
We hereby inform you that the Company will be attending Ashwamedh - Elara India Dialogue 2026 scheduled to be held on Tuesday September 1, 2026 in Mumbai.25 Aug 2026 · Company Update / Analyst / Investor Meet
Press Release titled - "Tata Power Renewables Marks a Major Milestone with Commissioning of 190.5 MW FDRE Project in Rajasthan."24 Aug 2026 · Company Update / Press Release / Media Release
Newspaper Publication18 Aug 2026 · Company Update / Newspaper Publication
Announcement under Regulation 30 (LODR) Newspaper Publication11 Aug 2026 · Company Update / Newspaper Publication
Announcement under Regulation 30 (LODR) - Analyst /Investor Meet5 Aug 2026 · Company Update / Analyst / Investor Meet
Announcement under Regulation 30 - Pendency of litigation/dispute.1 Aug 2026 · Company Update / General
Announcement under Regulation 30(LODR) - Earnings Call Transcripts for Q1 FY27.31 Jul 2026 · Company Update / Earnings Call Transcript
Press release titled as "Tata Power Renewables Marks a Major milestone with Groundbreaking of 800 MW RE Project in Andhra Pradesh".30 Jul 2026 · Company Update / Press Release / Media Release
Announcement under Regulation 30 (LODR) - Acquisition30 Jul 2026 · Company Update / Acquisition
Analyst Call Recording28 Jul 2026 · Company Update / Analyst / Investor Meet
Newspaper Advertisement - Financial Results for the quarter ended June 30, 2026.28 Jul 2026 · Company Update / Newspaper Publication
Newspaper Publication28 Jul 2026 · Company Update / Newspaper Publication
Press Release - Financial results for the quarter ended June 30, 2026.27 Jul 2026 · Company Update / Press Release / Media Release
Issuance of Non-Convertible Debentures (NCDs) on private placement basis.27 Jul 2026 · Company Update / Issue of Securities
Investor Presentation on the financial results for the quarter ended June 30, 2026.27 Jul 2026 · Company Update / Investor Presentation
Outcome of the Financial results for the quarter ended June 30, 2026.27 Jul 2026 · Board Meeting / Outcome of Board Meeting
Results for Quarter ended June 30, 2026.27 Jul 2026 · Result / Financial Results
Tata Power Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2026 ,inter alia, to consider and approve Issue of Non-Convertible ....22 Jul 2026 · Board Meeting / Board Meeting
Newspaper Advertisement21 Jul 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Analyst Call ....21 Jul 2026 · Company Update / Analyst / Investor Meet
Disclosure under Regulation 30 - Bagging of Contract18 Jul 2026 · Company Update / Award of Order / Receipt of Order
Tata Power Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2026 ,inter alia, to consider and approve i) the Audited Financial ....17 Jul 2026 · Board Meeting / Board Meeting
Allotment of Non Convertible Debentures on Private Placement Basis.14 Jul 2026 · Company Update / Allotment of Equity Shares
Newspaper Advertisement.14 Jul 2026 · Company Update / Newspaper Publication
Summary of Proceedings and Voting Results of the 107th Annual General Meeting of the Company.7 Jul 2026 · AGM/EGM / AGM
Summary of Proceedings and Voting Results of the 107th Annual General Meeting of the Company.7 Jul 2026 · AGM/EGM / AGM
Summary of proceedings and Voting Results of 107th Annual General Meeting of the Company.7 Jul 2026 · AGM/EGM / AGM
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20186 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Issue of Non- Convertible Debentures (NCDs) on private placement basis5 Jul 2026 · Company Update / Issue of Securities
Regulation 30 - Tata Power Renewable Energy Limited commissioned 100.8 MW Jewali Wind Project in Maharashtra3 Jul 2026 · Company Update / General
Press Release titled as Tata Power Renewable Energy Limited Commissions 100.8 MW Jewali Wind Project in Maharashtra3 Jul 2026 · Company Update / Press Release / Media Release
Company updates23 Jun 2026 · Company Update / General
We wish to hereby inform you that Company will be attending one-to-one physical meeting with institutional investors in Singapore, scheduled to be held on Thursday, June 25, 2026.19 Jun 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.5000	23 Jun 2026	23 Jun 2026	—
Final Dividend - Rs. - 2.2500	20 Jun 2025	20 Jun 2025	—
Final Dividend - Rs. - 2.0000	4 Jul 2024	4 Jul 2024	—

Board meetings

27 Jul 2026 Board Meeting - Financial Results