Let's break down Tata Power Co. Ltd. (TATAPOWER) — from its financial performance to how the market is valuing the stock.
Tata Power Revenue Trend
Tata Power Co. Ltd.'s top line shrank 4.2% in FY2026, coming in at ₹64,172 Cr against ₹66,992 Cr a year ago.
Stepping back, the 10-year revenue CAGR of 5.5% shows Tata Power Co. Ltd. has been growing at a moderate, sustainable pace.
Tata Power Co. Ltd. is a major power company by revenue, with a top line of ₹64,172 Cr.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹64,172 Cr | -4.2% |
| FY2025 | ₹66,992 Cr | +5.9% |
| FY2024 | ₹63,272 Cr | +11.9% |
| FY2023 | ₹56,547 Cr | +29.3% |
| FY2022 | ₹43,736 Cr | — |
View Tata Power Co. Ltd.'s full 10-year revenue trend with CAGR analysis →
Tata Power Profitability
Earnings came in strong at ₹5,118 Cr for FY2026, marking a 7.2% gain over the ₹4,775 Cr posted in FY2025.
A stronger net margin of 8.0% in FY2026 (from 7.1%) points to better profitability per rupee of revenue.
On an EPS basis, the company earned ₹11.71 (diluted) in FY2026 versus ₹12.41 in FY2025.
Is Tata Power Undervalued
Tata Power Co. Ltd. shares are currently trading at ₹376.15.
Craytheon calculates intrinsic value using the P/E Ratio and EPS Growth models. Both appear in the Valuation Models cards below.
Valuation Models
Tata Power Shareholding Pattern
A stable promoter holding of 46.9% over 4 quarters suggests the management group is comfortable with its position.
Foreign institutional investors (FIIs) held 10.0% as of March 2026, down from 10.1% a year ago.
DII ownership is at 18.3%, up from the 16.3% recorded a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 46.9% | 10.0% | 18.3% | 24.8% |
| Dec 2025 | 46.9% | 10.0% | 17.5% | 25.6% |
| Sep 2025 | 46.9% | 10.2% | 16.7% | 26.3% |
| Jun 2025 | 46.9% | 10.1% | 16.3% | 26.8% |
Track quarterly shareholding changes for Tata Power Co. Ltd. →
Tata Power Balance Sheet
Proportional view as of 23 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹1,751.72B at the end of FY2026, up 11.8% from ₹1,567.11B a year earlier.
Property, Plant & Equipment is the largest block at 53.4%, followed by Other Assets at 25.9% and Investments at 8.7%.
Equity makes up 27.1% of liabilities and equity, with debt at 43.5% and operating liabilities at 29.4%. Over the year, debt is up 21.1% and equity is up 11.6%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 57.66B |
| Receivables | 72.67B |
| Inventories | 51.08B |
| Property, Plant & Equipment | 934.66B |
| Investments | 152.18B |
| Intangibles & Goodwill | 28.97B |
| Other Assets | 454.51B |
| Category | Value |
|---|---|
| Equity | 475.38B |
| Short-term Debt | 99.83B |
| Long-term Debt | 661.59B |
| Trade Payables | 107.86B |
| Other Liabilities | 407.06B |
Tata Power at a Glance
What should investors take away from Tata Power Co. Ltd.'s (TATAPOWER) latest numbers? Here's the summary.
Revenue of ₹64,172 Cr in FY2026, down 4.2% year-over-year.
Long-term revenue has been compounding at 5.5% annually over 10 years.
The company is profitable, with a net margin of 8.0% and net income of ₹5,118 Cr.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Tata Power Co. Ltd. includes three valuation models, decade-long financials, and insider activity.