T

Tata Power Company Limited

TATAPOWERNSE
Market snapshot · 2026-08-11 05:40 UTC

378.90

₹-3.10 (-0.81%)

MARKET CAP

₹1.21L Cr

STOCK P/E

31.3x

52W HIGH

₹464.90

52W LOW

₹342.50

BOOK VALUE

₹123.54

EPS

₹12.11

ROE

SECTOR

Utilities

DEBT/EQUITY

168.05

VOLUME

9.92L

P/B RATIO

3.07x

PEG RATIO

2.89

Sector

Utilities

Themes

Power Transmission & DistributionGreen EnergySolar EnergyTata Sons Portfolio
D
Dividend
E
Earnings
₹441.81₹417.14₹392.47₹367.79₹343.12VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for TATAPOWER.

23.00 analysts

Price Forecast

Current
₹382.00
High Target
₹525.00
▲ +37.4%
Median Target
₹420.00
▲ +9.9%
Low Target
₹300.00
▼ -21.5%
Now₹382.00High ₹525.00Median ₹420.00Low ₹300.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
23 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹337.59 - ₹440.2980%
6M₹322.49 - ₹469.5080%
12M₹303.90 - ₹516.9380%
Realized vol: +20.7% · Drift: +5.8%

Revenue Forecast

₹ Cr
Dec '25Current₹2,483.0
Sep 2026 ETrend estimate range
High₹1,984.5Base₹1,837.5Low₹1,690.5
Mar '25: ₹5,965.0 · Jun '25: ₹5,285.0 · Sep '25: ₹2,625.0 · Dec '25: ₹2,483.0 · Sep '26: ₹1,837.5 · Dec '26: ₹1,738.1
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E5,965.05,285.02,625.02,483.01,837.51,738.1
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹-0.50
Sep 2026 ETrend estimate range
High₹1.05Base₹0.94Low₹0.83
Mar '25: ₹1.28 · Jun '25: ₹1.63 · Sep '25: ₹1.34 · Dec '25: ₹-0.50 · Sep '26: ₹0.94 · Dec '26: ₹-0.35
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E1.281.631.34-0.500.94-0.35
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
47%
Analyst Consensus
Weakening

From 23 analysts

Mean upside+9.8%

Fundamentals

Weakening

Fundamentals institutional score is 0 using growth durability 0.0.

Valuation

Fairly valued

Valuation institutional score is 69 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 46 using mean target upside 9.8%; dispersion penalty 21.5; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 76 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 6 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. valuation and technical structure provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Fairly valuedAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price419.3 target
Mean Upside+9.8%
Technical Score76%
Fundamental Score0%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 1.3% below historical median. Valuation is stable — currently in the undervalued zone (z-score: +0.06). Confidence: 86%.

Live forward EPS implies next-12-month EPS of ₹16.75. Applying the stock's normalized valuation corridor produces a fair range of ₹505.51 to ₹567.66, with base value near ₹535.66 (+40.2% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹16.75

Forward P/E

22.8x

Base Fair Value

₹535.66

Fair Range

₹505.51 - ₹567.66

Upside To Base

+40.2%

Estimate Source

Live forward EPS

Growth Estimate

+10.9%

P/E
Undervalued

5Y Average

26.13

Current

31.55

Overvalued

33.89

Undervalued

30.18

EV/EBITDA
Overvalued

5Y Average

12.21

Current

14.80

Overvalued

15.02

Undervalued

8.48

P/B
Undervalued

5Y Average

3.31

Current

3.09

Overvalued

3.81

Undervalued

2.82

Peers & Comparison

Sector: Utilities · Theme: Power Transmission & Distribution

Power Transmission & Distribution Peers6 peers
Avg P/E: 47.9x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
TORRENT POWER LTD
TORNTPOWERPower Transmission & Distribution
+2.8%8.0%
29.1x
Undervalued
-39% vs avg
-1.1%
POWER GRID CORP. LTD.
POWERGRIDPower Transmission & Distribution
+2.7%33.8%
13.2x
Undervalued
-72% vs avg
-5.1%
JSW ENERGY LIMITED
JSWENERGYPower Generation
+1.2%10.4%
43.8x
Fair
-9% vs avg
+8.4%
NHPC LTD
NHPCRenewable Energy
+18.5%31.1%
27.8x
Undervalued
-42% vs avg
-8.0%
SJVN LTD
SJVNRenewable Energy
+52.0%12.8%
41.9x
Fair
-13% vs avg
-30.6%
ADANI GREEN ENERGY LTD
ADANIGREENRenewable Energy
+16.6%13.1%
131.8x
Premium
+175% vs avg
+47.1%
WHY THESE PEERS

TATA POWER CO LTD trades at a discount (31.3x vs peer avg 47.9x), suggesting potential undervaluation relative to the Power Transmission & Distribution cohort. Peers include TORRENT POWER LTD, POWER GRID CORP. LTD., JSW ENERGY LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.48K CrDec 2025

Latest net profit

₹-160 CrDec 2025

Latest EPS

₹-0.50Dec 2025

Net margin

1.5%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%4.0%8.0%12.0%16.0%-2.00K Cr0.00 Cr2.00K Cr4.00K Cr6.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr₹-2₹0₹2₹4₹6
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherOtheradjustmentsNet Profit-850 Cr0.00 Cr850 Cr1.70K Cr2.55K Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-8.50K Cr0.00 Cr8.50K Cr17.00K Cr25.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales3,0515,1925,0144,9264,9615,7744,8895,7315,9655,2852,6252,483
Expenses2,6544,1513,9944,0294,2064,7393,6844,5634,9804,3342,0482,152
Operating Profit94.6375173461242773891386268864529436.88
OPM %3.1%14.47%14.63%12.43%8.6%12.78%18.67%15.04%11.53%12.21%11.18%1.49%
Other Income635443315601841765808709208521770260
Interest569598588533539549525512510497482510
Depreciation302290287284328298293306297306283293
Profit before tax1605974626807299541,1951,059386669582-214
Tax %24.55%25.23%27.03%26.37%-2.47%22.73%15.62%7.68%-0.06%22.24%25.92%24.93%
Net Profit1214463375017477371,009978386520431-160
EPS in Rs0.451.401.281.652.642.303.163.811.281.631.34-0.50

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters46.86%46.86%46.86%46.86%46.86%
FII9.38%10.05%10.19%10.00%10.04%
DII16.20%16.28%16.67%17.52%18.29%
Government0.01%0.01%0.01%0.01%0.01%
Public24.16%23.49%23.01%22.35%21.55%
Others3.39%3.31%3.26%3.26%3.25%
Mar 2026
Promoters
FII
DII
Government
Public
Others

Events Timeline

Concall Transcript - FY2027

Jul 28, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jul 22, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jun 19, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jun 03, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 25, 2026PDFKnowledge Base Open