- Next results date: the board meets on 11 Nov 2026 to consider: financial results and other business matters.
- 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.
- ₹1,11,230 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. The filing of 27 Jul 2026
- 28.8
- 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. The filing of 12 May 2026
- 2.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.72%
- 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. The filing of 27 Jul 2026
- 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. The filing of 27 Jul 2026
- 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. The filing of 12 May 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.
- 41,80,66644.7% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 27 Jul
- 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.
- ₹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.
- 7.4%
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 | Sep 2024Filed 30 Oct | Dec 2024Filed 4 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 1 Aug | Sep 2025Filed 11 Nov | Dec 2025Filed 4 Feb | Mar 2026Filed 12 May | Jun 2026Filed 27 Jul |
|---|---|---|---|---|---|---|---|---|
| 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 marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 7.0% | 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 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%
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.PE ratio and valuation history
Price to earningsPrice 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.
At or below today's level on 43% of 1,759 trading days over the last 10 years.
LowestHighest
Its median30.1Industry median18.1
Price to bookPrice 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.
At or below today's level on 48% of 1,961 trading days since Oct 2018.
LowestHighest
Its median2.9Industry median1.4
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.13.0
At or below today's level on 53% of 1,961 trading days since Oct 2018.
LowestHighest
Its median12.8Industry median9.6
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 35% of 2,431 trading days over the last 10 years.
LowestHighest
Its median0.91%Industry median2.05%
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% |
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.
Mutual funds holding it
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.Mutual fund holdings
- 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.
- 8
| Fund | |||
|---|---|---|---|
 Nippon India Large Cap FundNippon India Mutual Fund | 2,01,85,719 | 1.41% | ₹724.7 Cr |
| Nippon India Multi Cap FundNippon India Mutual Fund | 1,61,80,432 | 1.08% | ₹580.9 Cr |
 quant ELSS Tax Saver Fundquant Mutual Fund | 1,59,86,665 | 4.38% | ₹573.9 Cr |
 Mirae Asset Large & Midcap FundMirae Asset Mutual Fund | 1,33,37,475 | 1.12% | ₹478.8 Cr |
 Canara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund | 99,48,856 | 1.45% | ₹357.2 Cr |
 Franklin India Flexi Cap FundFranklin Templeton Mutual Fund | 96,39,965 | 1.90% | ₹346.1 Cr |
| Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund | 91,70,732 | 1.34% | ₹329.2 Cr |
| Mirae Asset Midcap FundMirae Asset Mutual Fund | 83,51,535 | 1.53% | ₹299.8 Cr |
 SBI Arbitrage FundSBI Mutual Fund | 82,20,050 | 0.64% | ₹295.1 Cr |
| Nippon India Small Cap FundNippon India Mutual Fund | 77,07,138 | 0.34% | ₹276.7 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Power, 45 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Tata Power Company in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 NTPCNTPC | 2,88,961 | 10.4 | 1.4 | 9.3 | +2.4% | +15.9% | 14.3% | 8.1% | 3.02% |
 Power Grid Corporation of IndiaPOWERGRID | 2,30,097 | 14.5 | 2.3 | 9.6 | +2.3% | +3.0% | 16.5% | 10.2% | 3.64% |
 Adani Green EnergyADANIGREEN | 1,95,207 | 104.2 | 9.0 | 23.6 | +20.9% | −7.1% | 9.1% | 6.3% | 0.00% |
 Adani Energy SolutionsADANIENSOL | 1,49,200 | 40.2 | 4.8 | 18.5 | +32.6% | – | 13.6% | 10.0% | 0.00% |
 JSW EnergyJSWENERGY | 82,241 | 41.8 | 2.7 | 15.0 | +35.4% | −9.4% | 6.8% | 6.2% | 0.45% |
 NHPCNHPC | 70,155 | 18.5 | 1.7 | 20.5 | +12.0% | +24.1% | 9.4% | 3.6% | 2.31% |
 NTPC Green EnergyNTPCGREEN | 68,430 | 112.7 | 3.6 | 33.9 | – | – | 3.2% | 3.4% | 0.00% |
 Torrent PowerTORNTPOWER | 58,906 | 25.3 | 3.1 | 12.8 | +4.1% | −15.4% | 12.7% | 11.9% | 1.71% |
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.Dividend history and dates
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.Highest ₹2.50 a share, year to Mar 2026.
| 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. | ₹2.50 |
| 20 Jun 2025 | 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. | ₹2.25 |
| 4 Jul 2024 | 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. | ₹2.00 |
| 7 Jun 2023 | 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. | ₹2.00 |
| 15 Jun 2022 | 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. | ₹1.75 |
| 17 Jun 2021 | 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. | ₹1.55 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
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 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 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% |
| 12 Oct 2026 | 342.00 | 345.50 | 340.70 | 343.70 | 343.35 | 34,08,910 | 38.7% |
| 9 Oct 2026 | 335.55 | 342.15 | 333.60 | 342.15 | 339.68 | 43,78,116 | 41.2% |
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-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. |
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.
About Tata Power Company
Tata Power is an Indian power company that operates across the electricity value chain: generation, transmission, distribution and power trading, together with energy solutions for homes and businesses. Its distribution businesses serve more than 13.1 million customers across India. It also manufactures solar cells and modules.
The business is organised in four clusters: Renewables, Transmission and Distribution, New-age Energy Solutions, and Thermal and Hydro. Its generation portfolio of 16,716 MW spans thermal, hydro, waste heat recovery, wind and solar assets. The thermal and hydro cluster operates conventional and hydropower assets across North, West and East India, with plants that include Trombay, Mundra, Jojobera and Maithon. Renewable energy is pursued through its subsidiary Tata Power Renewable Energy Limited. New-age Energy Solutions covers rooftop solar, smart metering, battery storage and electric mobility. The company has installed more than 4.8 GWp of rooftop solar, and its EV charging network has 7,000+ public, semi-public and bus charging points across 700+ cities. Solar cells and modules are made at a 4.3 GW plant at Tirunelveli.
Its generation capacity includes 5,024 MW in Gujarat, 3,231 MW in Maharashtra and 1,771 MW in Jharkhand. The distribution network serves customers in Mumbai, Delhi, Odisha and Ajmer. Outside India, the company has generation capacity in Bhutan, Georgia, Indonesia and Zambia.
Its hydro stations at Khopoli, Bhivpuri and Bhira date back more than a century. Its founder is Jamsetji Nusserwanji Tata, and the company belongs to the Tata Group.
- Legal name
- Tata Power Company Limited
- NSE symbol
- TATAPOWER
- BSE code
- 500400
- ISIN
- INE245A01021
- Industry
- Power
- Listed
- Jan 1934 on BSE, Apr 1996 on NSE
- Face value
- ₹1
- CIN
- L28920MH1919PLC000567
- Corporate identity number, the registrar of companies' code for it
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