Tata Power Company logo

Tata Power Company share price

NSE: TATAPOWERBSE: 500400PowerLarge Cap

Tata Power Company Limited · Face value ₹1 · Listed Jan 1934 on BSE, Apr 1996 on NSE
Last close ₹339.10up ₹0.60 (0.18%)BSE ₹337.45

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

52-week range of traded prices to 27 Oct 2026
₹333.20Low, 26 Oct 2026₹464.90High, 28 Apr 2026
Market cap
₹1,08,354 Cr81st largest listed
P/E
28.05
P/B
2.75
Dividend yield
0.74%
ROE
10.3%
ROCE
6.8%
Debt to equity
1.50
Volume, NSE
60,59,99946.5% delivered

Tata Power Company share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−15.3%over a year · Nifty 500 −8.8%

Results20-session average 47,73,418 shares a day, 48.7% 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

  • The company says it has been India's No. 1 rooftop solar company for 11 consecutive years, ranked by CRISIL, with an estimated 12% market share.1617

Business segments

  • Revenue by business cluster18
    Itemquarter to Jun 2026quarter 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 20262425
    ItemMar 2026
    Thermal, including managed plants8,860 MW
    Solar5,294 MW
    Wind1,239 MW
    Hydro880 MW
    Waste heat recovery443 MW
    Of the 16,716 MW total, 7,856 MW (47%) is clean and green: hydro, waste heat recovery, wind and solar.
  • 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. 1. Annual report, 10 Jun 2026, page 101
  2. 2. Annual report, 10 Jun 2026, page 149
  3. 3. Annual report, 10 Jun 2026, page 120
  4. 4. Investor presentation, 27 Jul 2026, page 48
  5. 5. Annual report, 10 Jun 2026, page 123
  6. 6. Annual report, 10 Jun 2026, page 124
  7. 7. Annual report, 10 Jun 2026, page 250
  8. 8. Investor presentation, 27 Jul 2026, page 70
  9. 9. Exchange filing, 12 Oct 2026, page 3
  10. 10. Investor presentation, 27 Jul 2026, page 42
  11. 11. Investor presentation, 27 Jul 2026, page 8
  12. 12. Annual report, 10 Jun 2026, page 9
  13. 13. Annual report, 10 Jun 2026, page 100
  14. 14. Earnings call, 28 Jul 2026, page 4
  15. 15. Earnings call, 28 Jul 2026, page 8
  16. 16. Annual report, 10 Jun 2026, page 120
  17. 17. Annual report, 10 Jun 2026, page 121
  18. 18. Investor presentation, 27 Jul 2026, page 42
  19. 19. Investor presentation, 27 Jul 2026, page 6
  20. 20. Exchange filing, 3 Sep 2026, page 2
  21. 21. Annual report, 10 Jun 2026, page 20
  22. 22. Annual report, 10 Jun 2026, page 27
  23. 23. Annual report, 10 Jun 2026, page 122
  24. 24. Annual report, 10 Jun 2026, page 8
  25. 25. Annual report, 10 Jun 2026, page 101
  26. 26. Annual report, 10 Jun 2026, page 101
  27. 27. Annual report, 10 Jun 2026, page 250
  28. 28. Investor presentation, 27 Jul 2026, page 15
  29. 29. Earnings call, 28 Jul 2026, page 6
  30. 30. Earnings call, 28 Jul 2026, page 7
  31. 31. Annual report, 10 Jun 2026, page 119
  32. 32. Annual report, 10 Jun 2026, page 28
  33. 33. Annual report, 10 Jun 2026, page 54
  34. 34. Exchange filing, 12 Oct 2026, page 2
  35. 35. Exchange filing, 12 Oct 2026, page 3
  36. 36. Exchange filing, 30 Jul 2026, page 1
  37. 37. Exchange filing, 30 Jul 2026, page 2
  38. 38. Investor presentation, 27 Jul 2026, page 32
  39. 39. Exchange filing, 18 Jul 2026, page 1
  40. 40. Exchange filing, 18 Jul 2026, page 2
  41. 41. Investor presentation, 27 Jul 2026, page 38
  42. 42. Exchange filing, 26 Aug 2026, page 1

Results

Consolidated; ₹ crore.Tata Power Company quarterly results

Revenue growth, 12 months
−4.2%
Net profit growth, 12 months
−4.8%

Quarter to Jun 2026, against the quarter before

Revenue
₹19,051 Crup 27.86%
Net profit
₹1,401 Crdown 1.04%
Net margin
7.4%

Revenue by quarter

₹15,698 CrSep 24₹15,391 CrDec 24₹17,096 CrMar 25₹18,035 CrJun 25₹15,545 CrSep 25₹13,948 CrDec 25₹14,900 CrMar 26₹19,051 CrJun 26
Peak revenue ₹19,051 Cr, quarter to Jun 2026; lowest ₹13,948 Cr, quarter to Dec 2025

Net profit by quarter, a loss in red

₹1,093 CrSep 24₹1,188 CrDec 24₹1,306 CrMar 25₹1,262 CrJun 25₹1,245 CrSep 25₹1,194 CrDec 25₹1,416 CrMar 26₹1,401 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue15,69815,39117,09618,03515,54513,94814,90019,051
Net profit1,0931,1881,3061,2621,2451,1941,4161,401
Net margin7.0%7.7%7.6%7.0%8.0%8.6%9.5%7.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Transmission and Distribution₹41,339 Crup 5.67%60.4%
  • Renewables₹15,028 Crup 52.16%22.0%
  • Thermal & Hydro₹11,636 Crdown 41.05%17.0%
  • Others₹432 Cr0.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

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

Price to earnings

At or below today's level on 40% of 1,757 trading days over the last 10 years.

LowestHighest
Its median30.08Industry median18.87
Price to book

At or below today's level on 46% of 1,963 trading days since Oct 2018.

LowestHighest
Its median2.86Industry median1.46
Dividend yield

At or below today's level on 36% of 2,429 trading days over the last 10 years.

LowestHighest
Its median0.90%Industry median1.97%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend 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%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Tata Power Company shareholding pattern

Shareholding by group

  • Promoters46.86%
  • Foreign institutions10.13%
  • Indian institutions18.48%
  • Governments0.01%
  • Individuals and others24.52%
Holder
Tata Sons Private LimitedPromoter45.21%
Life Insurance Corpn of IndiaInsurance companies5.72%
Nps Trust- A/C Lic Pension Fund Scheme - State GovtProvident and pension funds1.56%
Tata Steel LimitedPromoter1.22%
Tata Investment Corporation LtdPromoter0.21%
Tata Industries LimitedPromoter0.14%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.10 pts, Indian institutions +0.05 pts, mutual funds −0.36 pts.

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 time
12
Added
86
Cut
61
Held unchanged
98
Sold out
8
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

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
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

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

Return on equity across, P/E up, size is market cap
Company
NTPC logoNTPCNTPC2,92,64510.541.44+2.4%+15.9%14.3%8.1%2.98%
Power Grid Corporation of India logoPower Grid Corporation of IndiaPOWERGRID2,34,14314.732.33+2.3%+3.0%16.5%10.2%3.58%
Adani Green Energy logoAdani Green EnergyADANIGREEN2,12,321113.309.83+20.9%−7.1%9.1%6.3%0.00%
Adani Energy Solutions logoAdani Energy SolutionsADANIENSOL1,60,40343.265.12+32.6%–13.6%10.0%0.00%
JSW Energy logoJSW EnergyJSWENERGY86,11043.772.80+35.4%−9.4%6.8%6.2%0.43%
NHPC logoNHPCNHPC73,53019.371.77+12.0%+24.1%9.4%3.6%2.20%
NTPC Green Energy logoNTPC Green EnergyNTPCGREEN70,048115.413.69––3.2%3.4%0.00%
Torrent Power logoTorrent PowerTORNTPOWER59,44625.583.12+4.1%−15.4%12.7%11.9%1.70%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

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

1.3Mar 171.3Mar 181.3Mar 191.6Mar 201.6Mar 211.8Mar 222Mar 232Mar 242.3Mar 252.5Mar 26
Highest ₹2.50 a share, year to Mar 2026.
Ex-dateTypePer share
23 Jun 2026Final₹2.50
20 Jun 2025Final₹2.25
4 Jul 2024Final₹2.00
7 Jun 2023Final₹2.00
15 Jun 2022Final₹1.75
17 Jun 2021Final₹1.55
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Tata Power Company announcements

Tata Power Company share price by year

Each calendar year to 2025.Tata Power Company share price history

YearClose at year endChangeHighest closeLowest close
2025379.60−3.3%414.70337.15
2024392.40+18.1%485.50326.70
2023332.15+59.9%338.15183.95
2022207.70−6.0%289.80194.90
2021220.95+192.1%257.3075.40
202075.65+33.9%77.2027.30
201956.50−26.4%76.7051.10
201876.80−17.9%100.8060.95
201793.50+23.2%95.8575.40
201675.90+11.8%83.6556.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026345.10348.45333.20338.50338.6194,89,13253.4%
23 Oct 2026353.00353.00340.30348.10344.3741,80,66644.7%
22 Oct 2026350.00353.55345.95353.50350.1230,71,57338.8%
21 Oct 2026351.25353.70347.30352.00349.8937,78,79647.4%
19 Oct 2026352.60355.35350.25352.25352.4432,47,83751.3%
16 Oct 2026349.80354.15347.65353.85352.2134,63,57648.4%
15 Oct 2026350.95352.45348.50349.80350.6836,77,02848.4%
14 Oct 2026345.00353.00342.95353.00350.1149,62,00439.0%
13 Oct 2026343.00345.00340.75345.00342.7323,72,67350.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
19 Mar 2014Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
26 Sep 2011Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
Chandrasekaran Natarajan
At the end of the quarter to Jun 2026
Managing director and CEO
Praveer Sinha
At the end of the quarter to Jun 2026
NSE symbol
TATAPOWER
BSE code
500400
ISIN
INE245A01021
Industry
Power
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