Tata Power Company share price
NSE: TATAPOWERBSE: 500400PowerLarge Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹338.50.
27 Oct: open ₹337.90, high ₹341.75, low ₹333.50
- Next results date: the board meets on 11 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,08,354 Cr81st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 28.05
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.75
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.74%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 10.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 6.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.50
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 60,59,99946.5% delivered
About Tata Power Company
Tata Power Company Limited generates, transmits, distributes and trades electricity, and makes solar cells and modules.1 It also sells rooftop solar systems, electric vehicle charging and home automation, and serves government, business and household customers across India.12
It reports its results in the segments Thermal and Hydro, Transmission and Distribution, Renewables, and Others.3 Its renewable generation, solar engineering, rooftop and solar manufacturing businesses sit in Tata Power Renewable Energy Limited, in which it holds 88.57%.4 It distributes power in Mumbai itself and, through a wholly owned subsidiary, in Ajmer as a franchisee (supplying power in an area on behalf of the licence holder).56 It holds 51% of its distribution companies in Delhi and Odisha, with the Delhi government and Odisha's GRIDCO Ltd holding 49%.6 Outside India its investments include Indonesia, Singapore, Zambia, Georgia and Bhutan.7
The company was incorporated in 1919.7 It took over electricity distribution in Delhi in 2002 and in north-eastern, western and southern Odisha in 2021, and bought 1,010 MW of operating renewable plants from Welspun in 2016.8 It is part of the Tata Group.9
Tata Power Company key points
Results
- In the quarter to Jun 2026, consolidated revenue was ₹18,898 crore, EBITDA (earnings before interest, tax, depreciation and amortisation) ₹4,249 crore and profit after tax, before minority shareholders' share, ₹1,401 crore, against ₹17,464 crore, ₹3,930 crore and ₹1,262 crore a year earlier.1011
- Year to Mar 2026: consolidated revenue including rate-regulatory income, as the company presents it, ₹63,681 crore (₹64,502 crore before); EBITDA up 11%, ₹16,090 crore; profit after tax up 7%, ₹5,118 crore.1213
- On its earnings call of 28 Jul 2026, the company said the quarter to Jun 2026 was the 27th consecutive quarter in which its profit after tax and EBITDA had increased.14
- On its earnings call of 28 Jul 2026, the company said its net debt (borrowings less cash) was 1.25 times its equity.15
Market position
Business segments
- Revenue by business cluster18
Item quarter to Jun 2026 quarter to Jun 2025 Transmission and Distribution ₹11,441 crore ₹10,081 crore Thermal Generation, Coal and Hydro ₹5,193 crore ₹4,844 crore Renewables ₹3,771 crore ₹3,626 crore - Transmission and Distribution. It served 13.2 million distribution customers in Jun 2026 and had 7,900 circuit kilometres (ckm) of transmission lines operating or being built by 3 Sep 2026.1920
- Renewables. It runs solar and wind plants, makes solar cells and modules, and builds solar plants for others.21
- Thermal Generation, Coal and Hydro. It runs thermal and hydro power plants, and holds 30% of PT Kaltim Prima Coal and 26% of PT Baramulti Suksessarana Tbk and PT Antang Gunung Meratus, Indonesian coal miners.2223
Plants and capacity
- Generation capacity at the end of Mar 20262425Of the 16,716 MW total, 7,856 MW (47%) is clean and green: hydro, waste heat recovery, wind and solar.
Item Mar 2026 Thermal, including managed plants 8,860 MW Solar 5,294 MW Wind 1,239 MW Hydro 880 MW Waste heat recovery 443 MW - The 4,150 MW Mundra thermal power plant in Gujarat, shut for overhaul from 3 Jul 2025, ran at 94% availability (share of time ready to generate) in the quarter to Jun 2026, under a Ministry of Power direction (Section 11 of the Electricity Act).262728
- For Mundra, the company signed a revised tariff agreement with Gujarat Urja Vikas Nigam Limited on 23 Mar 2026; on its call of 28 Jul 2026, the company said it expected approval of 3 other states in August; its documents give no outcome.2629
Expansion and capital spending
- On its earnings call of 28 Jul 2026, the company said it expects to spend ₹25,000 crore on capital projects in the year to Mar 2027, 50% of it on renewables.30
- The company stated in its annual report for the year to Mar 2026 that it is building the 1,000 MW Bhivpuri pumped storage plant (pumping water uphill to store power), targeted for 2029, and plans the 1,800 MW Shirwata plant, together costing about ₹13,000 crore.3132
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it targets revenue of ₹1,00,000 crore, EBITDA of ₹30,000 crore and profit after tax before one-off items of ₹10,000 crore in the year to Mar 2030.33
- The company stated in its annual report for the year to Mar 2026 that by 2030 it aims for over 30 GW of generation capacity, 70% of it clean and green, over 10,000 ckm of transmission and about 40 million distribution customers.33
- In its exchange filing of 12 Oct 2026, the company said Tata Power Renewable Energy, with 7.2 GW of utility-scale capacity operating, expects its total executed projects to reach close to 9.3 GW by the end of the year to Mar 2027.3435
Recent events
- In a press release of 3 Sep 2026, the company said it had commissioned, through a wholly owned subsidiary, the second part of its Jalpura-Khurja transmission project in Uttar Pradesh: a 162 ckm, 400 kilovolt line and a 1,000 MVA (megavolt-ampere) substation.20
- On 30 Jul 2026, the company bought 100% of Ryapte Power Transmission Limited, a project company for 491 ckm of transmission lines in Karnataka, for ₹10.87 crore.363738
- On 18 Jul 2026, the company reported a letter of award from Solar Energy Corporation of India for 40 years of pumped storage service from 324 MW of its Bhivpuri project, at ₹351.3 crore a year; the purchase agreement was yet to be signed.394041
Litigation and regulatory matters
- On 26 Aug 2026, the Singapore International Commercial Court dismissed the company's challenge to arbitration awards in a case Kleros Capital Partners Limited began on 30 Nov 2020; the company said it would appeal within 28 days. Its documents give no outcome of the appeal.42
Last updated
All 42 sources, each with its page
- 1. Annual report, 10 Jun 2026, page 101
- 2. Annual report, 10 Jun 2026, page 149
- 3. Annual report, 10 Jun 2026, page 120
- 4. Investor presentation, 27 Jul 2026, page 48
- 5. Annual report, 10 Jun 2026, page 123
- 6. Annual report, 10 Jun 2026, page 124
- 7. Annual report, 10 Jun 2026, page 250
- 8. Investor presentation, 27 Jul 2026, page 70
- 9. Exchange filing, 12 Oct 2026, page 3
- 10. Investor presentation, 27 Jul 2026, page 42
- 11. Investor presentation, 27 Jul 2026, page 8
- 12. Annual report, 10 Jun 2026, page 9
- 13. Annual report, 10 Jun 2026, page 100
- 14. Earnings call, 28 Jul 2026, page 4
- 15. Earnings call, 28 Jul 2026, page 8
- 16. Annual report, 10 Jun 2026, page 120
- 17. Annual report, 10 Jun 2026, page 121
- 18. Investor presentation, 27 Jul 2026, page 42
- 19. Investor presentation, 27 Jul 2026, page 6
- 20. Exchange filing, 3 Sep 2026, page 2
- 21. Annual report, 10 Jun 2026, page 20
- 22. Annual report, 10 Jun 2026, page 27
- 23. Annual report, 10 Jun 2026, page 122
- 24. Annual report, 10 Jun 2026, page 8
- 25. Annual report, 10 Jun 2026, page 101
- 26. Annual report, 10 Jun 2026, page 101
- 27. Annual report, 10 Jun 2026, page 250
- 28. Investor presentation, 27 Jul 2026, page 15
- 29. Earnings call, 28 Jul 2026, page 6
- 30. Earnings call, 28 Jul 2026, page 7
- 31. Annual report, 10 Jun 2026, page 119
- 32. Annual report, 10 Jun 2026, page 28
- 33. Annual report, 10 Jun 2026, page 54
- 34. Exchange filing, 12 Oct 2026, page 2
- 35. Exchange filing, 12 Oct 2026, page 3
- 36. Exchange filing, 30 Jul 2026, page 1
- 37. Exchange filing, 30 Jul 2026, page 2
- 38. Investor presentation, 27 Jul 2026, page 32
- 39. Exchange filing, 18 Jul 2026, page 1
- 40. Exchange filing, 18 Jul 2026, page 2
- 41. Investor presentation, 27 Jul 2026, page 38
- 42. Exchange filing, 26 Aug 2026, page 1
Results
Consolidated; ₹ crore.Tata Power Company quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −4.2%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −4.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹19,051 Crup 27.86%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹1,401 Crdown 1.04%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.4%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,698 | 15,391 | 17,096 | 18,035 | 15,545 | 13,948 | 14,900 | 19,051 |
| Net profit | 1,093 | 1,188 | 1,306 | 1,262 | 1,245 | 1,194 | 1,416 | 1,401 |
| Net margin | 7.0% | 7.7% | 7.6% | 7.0% | 8.0% | 8.6% | 9.5% | 7.4% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹62,429 Crdown 4.66%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,118 Crup 7.17%
- Net margin
- 8.2%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2020, the company reports a discontinued business.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 27,898 | 29,331 | 29,559 | 29,136 | 32,468 | 42,816 | 55,109 | 61,449 | 65,478 | 62,429 |
| Net profit | 949 | 2,679 | 2,440 | 1,316 | 1,439 | 2,156 | 3,810 | 4,280 | 4,775 | 5,118 |
| Net margin | 3.4% | 9.1% | 8.3% | – | 4.4% | – | 6.9% | 7.0% | 7.3% | 8.2% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Transmission and DistributionTransmission and Distribution, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹41,339 Crup 5.67%60.4%
- RenewablesRenewables, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹15,028 Crup 52.16%22.0%
- Thermal & HydroThermal & Hydro, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹11,636 Crdown 41.05%17.0%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹432 Cr0.6%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.Tata Power Company PE ratio and valuation
At or below today's level on 40% of 1,757 trading days over the last 10 years.
At or below today's level on 46% of 1,963 trading days since Oct 2018.
At or below today's level on 36% of 2,429 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +1.6% | −5.6% | +6.9% | 0.7% |
| 3 years | +26.4% | +4.0% | +21.0% | 0.6% |
| 5 years | +30.4% | +27.2% | +2.0% | 0.7% |
Mutual fund holdings
259 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 129 of the 147 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 259 funds holding Tata Power Company
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 12
- AddedAdded. Funds that held more shares than at the end of the month before.
- 86
- CutCut. Funds that held fewer shares than at the end of the month before.
- 61
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 98
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 8
| Fund | |||
|---|---|---|---|
| 2,01,85,719 | 1.41% | ₹724.7 Cr | |
| 1,61,80,432 | 1.08% | ₹580.9 Cr | |
| 1,59,86,665 | 4.38% | ₹573.9 Cr | |
| 1,33,37,475 | 1.12% | ₹478.8 Cr | |
| 99,48,856 | 1.45% | ₹357.2 Cr | |
| 96,39,965 | 1.90% | ₹346.1 Cr | |
| 91,70,732 | 1.34% | ₹329.2 Cr | |
| 83,51,535 | 1.53% | ₹299.8 Cr | |
| 82,20,050 | 0.64% | ₹295.1 Cr | |
| 77,07,138 | 0.34% | ₹276.7 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Tata Power Company insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 17 pledge filings of unclear kind
- Others: no market trade
Tata Power Company competitors and peers
Power, 45 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Tata Power Company in market cap.Power stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2,92,645 | 10.54 | 1.44 | +2.4% | +15.9% | 14.3% | 8.1% | 2.98% | |
| 2,34,143 | 14.73 | 2.33 | +2.3% | +3.0% | 16.5% | 10.2% | 3.58% | |
| 2,12,321 | 113.30 | 9.83 | +20.9% | −7.1% | 9.1% | 6.3% | 0.00% | |
| 1,60,403 | 43.26 | 5.12 | +32.6% | – | 13.6% | 10.0% | 0.00% | |
| 86,110 | 43.77 | 2.80 | +35.4% | −9.4% | 6.8% | 6.2% | 0.43% | |
| 73,530 | 19.37 | 1.77 | +12.0% | +24.1% | 9.4% | 3.6% | 2.20% | |
| 70,048 | 115.41 | 3.69 | – | – | 3.2% | 3.4% | 0.00% | |
| 59,446 | 25.58 | 3.12 | +4.1% | −15.4% | 12.7% | 11.9% | 1.70% |
Dividends
Per share, by the year it was paid for, and the latest payments.Tata Power Company dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 23 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.50 |
| 20 Jun 2025 | Final | ₹2.25 |
| 4 Jul 2024 | Final | ₹2.00 |
| 7 Jun 2023 | Final | ₹2.00 |
| 15 Jun 2022 | Final | ₹1.75 |
| 17 Jun 2021 | Final | ₹1.55 |
Latest announcements
Routine notices left out.Tata Power Company announcements
Oct 2026
27 Oct · Analysts
Tata Power Company share price by year
Each calendar year to 2025.Tata Power Company share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 379.60 | −3.3% | 414.70 | 337.15 |
| 2024 | 392.40 | +18.1% | 485.50 | 326.70 |
| 2023 | 332.15 | +59.9% | 338.15 | 183.95 |
| 2022 | 207.70 | −6.0% | 289.80 | 194.90 |
| 2021 | 220.95 | +192.1% | 257.30 | 75.40 |
| 2020 | 75.65 | +33.9% | 77.20 | 27.30 |
| 2019 | 56.50 | −26.4% | 76.70 | 51.10 |
| 2018 | 76.80 | −17.9% | 100.80 | 60.95 |
| 2017 | 93.50 | +23.2% | 95.85 | 75.40 |
| 2016 | 75.90 | +11.8% | 83.65 | 56.30 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 345.10 | 348.45 | 333.20 | 338.50 | 338.61 | 94,89,132 | 53.4% |
| 23 Oct 2026 | 353.00 | 353.00 | 340.30 | 348.10 | 344.37 | 41,80,666 | 44.7% |
| 22 Oct 2026 | 350.00 | 353.55 | 345.95 | 353.50 | 350.12 | 30,71,573 | 38.8% |
| 21 Oct 2026 | 351.25 | 353.70 | 347.30 | 352.00 | 349.89 | 37,78,796 | 47.4% |
| 19 Oct 2026 | 352.60 | 355.35 | 350.25 | 352.25 | 352.44 | 32,47,837 | 51.3% |
| 16 Oct 2026 | 349.80 | 354.15 | 347.65 | 353.85 | 352.21 | 34,63,576 | 48.4% |
| 15 Oct 2026 | 350.95 | 352.45 | 348.50 | 349.80 | 350.68 | 36,77,028 | 48.4% |
| 14 Oct 2026 | 345.00 | 353.00 | 342.95 | 353.00 | 350.11 | 49,62,004 | 39.0% |
| 13 Oct 2026 | 343.00 | 345.00 | 340.75 | 345.00 | 342.73 | 23,72,673 | 50.6% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 Mar 2014 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 26 Sep 2011 | Split | 0.1000 | Each share became 10. |
Company details
- NSE symbol
- TATAPOWER
- BSE code
- 500400
- ISIN
- INE245A01021
- Industry
- Power
- Website
- www.tatapower.com
- CIN
- L28920MH1919PLC000567
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1919
- Registered office
- Bombay House, 24, Homi Mody Street, Mumbai 400001, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments