# Tata Power share price today (Tata Power Company Ltd, NSE: TATAPOWER)

> Tata Power share price today: ₹356.55 at the NSE close on 3 November 2026, down 11.9% in a year. Tata Power Company (NSE: TATAPOWER) is worth ₹1,13,946 crore, trades at a P/E of 29.1 and has closed between ₹342.15 and ₹453.80 over the past 52 weeks. > Tata Power Company Ltd's share price has fallen more than its earnings. Earnings per share fell 5.6% in a year while the price moved −11.9%. TATAPOWER · Power - Generation/Distribution · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/tata-power-company-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹356.55 (−11.9% in a year)
- P/E: 29.1× (higher than 55% of the last 11 years)
- Revenue (Jun 2026): ₹19,051 Cr (+5.6% on a year ago)
- Profit (Jun 2026): ₹1,401 Cr (+11.0% on a year ago)
- Operating margin: 20.0% (flat on a year ago)
- ROCE: 11%, FY26
- ROIC: 4.4%, against a 12.0% cost of capital: −7.6 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Tata Power share price today? Tata Power Company Ltd's share price was ₹356.55 at the close on 3 November 2026. It has been falling for 14 weeks. That is 5.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹342 and ₹454, and at that close it sat 13% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +504% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Tata Power this quarter? Three changes stood out: indian funds and insurers (DIIs) raised their stake for 7 quarters in a row, profit up on a year earlier for 11 quarters in a row (every quarter we can compare) and revenue grew again in the June 2026 quarter. 1. Indian funds and insurers (DIIs) raised their stake for 7 quarters in a row From 15.7% to 18.5% of the company by the September 2026 quarter. 2. Profit up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter profit was ₹1,401 crore, +11% on a year earlier. 3. Revenue grew again in the June 2026 quarter Revenue was ₹19,051 crore, +5.6% on a year earlier (₹18,035 crore), after 3 quarters of decline. ## What are Tata Power's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Tata Power reported revenue of ₹19,051 crore, up 5.6% from ₹18,035 crore a year earlier, and a profit of ₹1,401 crore, up 11.0% from ₹1,262 crore. ### Tata Power results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹19,051 crore | ₹18,035 crore | +5.6% |
| Profit | ₹1,401 crore | ₹1,262 crore | +11.0% |
| Earnings per share | ₹3.68 | ₹3.32 | +10.8% |
| Operating margin | 20.0% | 20.0% | 0.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Tata Power's management discussed these results on a call held on 28 July 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Tata Power share price history? Tata Power closed at ₹356.55 on 3 November 2026, down 11.9% from ₹404.90 a year earlier (31 October 2025) and up 54.1% over five years. Its highest weekly close since March 2016 was ₹485.50 on 27 September 2024. ### Tata Power share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹348.10 | +2.4% |
| 1 month ago · 1 Oct 2026 | ₹350.15 | +1.8% |
| 6 months ago · 30 Apr 2026 | ₹444.55 | −19.8% |
| 1 year ago · 31 Oct 2025 | ₹404.90 | −11.9% |
| 3 years ago · 3 Nov 2023 | ₹244.60 | +45.8% |
| 5 years ago · 4 Nov 2021 | ₹231.35 | +54.1% |
| 10 years ago · 4 Nov 2016 | ₹74.60 | +377.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹59.00 | +504.3% |
| Highest weekly close since March 2016 · 27 Sep 2024 | ₹485.50 | −26.6% |
| Lowest weekly close since March 2016 · 8 May 2020 | ₹28.50 | +1,151.1% |
| 52-week high (weekly close) · 29 Apr 2026 | ₹453.80 | −21.4% |
| 52-week low (weekly close) · 9 Oct 2026 | ₹342.15 | +4.2% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Tata Power? 3 Nov 2026: Tata Power closed at ₹356.55, up 2.4% on the week and up 1.8% on the month. 28 Jul 2026: Tata Power held its results call for April to June 2026. Management guided: Power demand is expected to increase further as cooling requirements persist and industrial growth improves. ### Earlier

- Results for April to June 2026: Revenue up 5.6% and profit up 11.0% on a year earlier. - 23 Jun 2026: ex-date for a dividend of ₹2.50 a share. ## What dividend does Tata Power pay? Tata Power paid ₹2.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.70% at the ₹356.55 close on 3 November 2026. The last was a dividend of ₹2.50 a share, ex-date 23 June 2026. ### Tata Power dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 23 Jun 2026 | ₹2.50 | Dividend |
| 20 Jun 2025 | ₹2.25 | Dividend |
| 4 Jul 2024 | ₹2 | Dividend |
| 7 Jun 2023 | ₹2 | Dividend |
| 15 Jun 2022 | ₹1.75 | Dividend |
| 17 Jun 2021 | ₹1.55 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Tata Power Company Ltd paid out 21% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Tata Power management say on the latest results call? On the call for April to June 2026, held on 28 July 2026, Tata Power's management guided: Power demand is expected to increase further as cooling requirements persist and industrial growth improves. > “I believe we will cross Rs 30,000 crores in revenue by 2029, rather than 2030”
> Dr. Praveer Sinha, CEO and Managing Director, on the call for April to June 2026

### What management guided

- FY27 capital spending goal is ₹25,000 crore with about 50.0% allocated to renewables; Q2 capital spending is expected above ₹6,000 crore and possibly near ₹6,500 crore. - Agra-Khurja should complete within days and Bikaner-Neemrana by October. - Renewable capacity additions are planned at 2.5-2.7 gigawatts this year, including 500 megawatts in the next two weeks, with total capacity expected to reach 9 gigawatts by year-end. - Rooftop solar growth is guided at 60.0%-70.0% this year; revenue is expected to exceed ₹30,000 crore by 2029, while management agreed with a 25.0% market share and 30-40 gigawatt industry framing by 2030. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/292/Conference Call/CC-Jul26.pdf). (From the call for April to June 2026, 28 July 2026.)

## What to watch in Tata Power's next results? When Tata Power reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 capital spending should exceed ₹6,000 crore, potentially approach ₹6,500 crore, and support 800-900 megawatts of new capacity commissioning. - What to check (from the call)
- Q2 capital spending should exceed ₹6,000 crore, potentially approach ₹6,500 crore, and support 800-900 megawatts of new capacity commissioning. - Watch whether the 500-megawatt renewable project commissions after transmission readiness and whether Agra-Khurja begins contributing traditional TBCB operating profit. - Odisha collection efficiency should improve in Q2, while Tata Projects' legacy contracts may produce one final quarter of losses before the indicated improvement. - Mundra state approvals expected in August and September should confirm continued Supplementary PPA billing and the absence of operative under-recovery. ## Which stock lists is Tata Power on? Tata Power is on 2 of our India lists: 52 week high & low and Power & green energy stocks. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Power & green energy stocks Group on the list: Power producers and distributors](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Tata Power profitable? Tata Power Company Ltd earned ₹1,401 Cr of net profit in the Jun 2026 quarter, +11.0% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹5,118 Cr. Over 10 years profit has grown 20.6% a year on average. That is 7.4% of the quarter's revenue. The same quarter a year earlier earned ₹1,262 Cr. For the full year, FY26 profit was ₹5,118 Cr (+7.2% on the year before). Why profit moved: revenue changed +5.6% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +8.4% and revenue −4.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Tata Power make, and is it growing? Tata Power Company Ltd reported ₹19,051 Cr of revenue in the Jun 2026 quarter, +5.6% on the same quarter a year earlier. Over 10 years it has grown 7.8% a year on average. The last full year, FY26, came in at ₹62,429 Cr. The last four reported quarters add to ₹63,444 Cr. FY26 revenue was ₹62,429 Cr, −4.7% on the year before. Recent pace: the last four quarters grew −4.4% on average, against 7.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −4.2%, against −0.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +8.4%, against +10.2% a year (stabilising). ## How much of every ₹100 of sales does Tata Power keep? Tata Power Company Ltd's operating margin was 20.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 7.0% and 23.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.5 percentage points on the year while gross margin changed −2.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Tata Power's profit turning into cash? Over the last 3 years, 220% of Tata Power Company Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹5,993 Cr of operating cash against ₹5,118 Cr of profit. After ₹15,646 Cr of spending on assets, free cash was −₹9,653 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 220% of profit came in as cash: the cash cycle got 32 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 3.7× depreciation over three years. The next section checks what that spending is building. ## Where does Tata Power's cash go? Tata Power Company Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 26 days in FY26, down from 58 days in FY21. It spent ₹47,479 Cr on assets over the last 3 years. Customers take 26 days to pay, and stock sits for 217 days on average. At FY26 sales of ₹62,429 Cr, each day of that cycle ties up about ₹171 Cr, so roughly ₹4,447 Cr is tied up in the business at any time. FY26: customers took 26 days to pay and stock sat for 217 days, about 7.1 months of sales sitting as stock, for a full cycle of 26 days, shorter than FY21's 58. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 217 days. Customers pay about 26 days after that. Suppliers are paid at 459 days. Together that makes the 26-day cycle. Spending on assets: ₹47,479 Cr over the last 3 years, against ₹12,714 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹14,595 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Tata Power's P/E ratio, and how does it compare with its own history? Tata Power Company Ltd's P/E is 29.1×, in the middle of its own history: higher than 55% of past readings. Its usual P/E (the middle reading) is 27.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹12.10. Why the multiple is where it is: over the past year earnings per share moved −5.6% while the price moved −11.9%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +9.0% a year; about +21.2% a year came from earnings growth and about −12.2 percentage points from the multiple (the market paying less); over 10 years the price moved +16.9% a year; about +11.7% a year came from earnings growth and about +5.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Tata Power business getting better or worse? Tata Power Company Ltd's business is getting worse. Revenue and EPS growth are shrinking: revenue growth is −4.2% in the latest quarter, against +16.8% at its best in 12 quarters, with ROCE steady at 9.9%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Tata Power earn on its capital? Tata Power Company Ltd earned a ROCE of 11% in FY26. That is up from a low of 5% in FY16. Its return on capital used (ROIC) is 7.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 8.2% net margin and 0.36× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 8.2% net margin × 0.36× asset turnover × 4.42× leverage (assets divided by equity) ≈ 13.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.4% − 12.0% = −7.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Tata Power have too much debt? Tata Power Company Ltd has total debt of ₹79,903 Cr against shareholder equity of ₹47,547 Cr as of Jun 2026, so its debt is 1.68× its equity. Year by year, that ratio went from 1.94 in FY22 to 1.68 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Tata Power shareholding pattern? Domestic institutions raised their stake in Tata Power Company Ltd by 1.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 18.5% of the company. Foreign institutions moved +1.0 points over the same period, to 10.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +1.9 points over 8 quarters, to 18.5%; Foreign institutions: +1.0 points over 8 quarters, to 10.1%; Promoters: +0.0 points over 8 quarters, to 46.9%. Why the owners changed: domestic institutions drove it (+1.9 points), together with foreign institutions (+1.0 points). They raised their stake step by step. ## How far is Tata Power from balance-sheet trouble? For Tata Power Company Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Tata Power rank in its industry? 43.9 out of 100, rank 15 of 21 in Power - Generation/Distribution, with 96% of the evidence available. Tata Power Company Ltd scores 43.9 out of 100 against the 21 companies it is compared with in Power - Generation/Distribution, ranking 15. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 12.4 + 15.2 + 4.2 + 12.1 = 43.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Tata Power compared with? Tata Power ranks 15 of 21 Power - Generation/Distribution companies on the 4-Factor Sector Score, with 43.9 out of 100. 1. [ACME Solar Holdings Ltd](https://www.sectoralpha.in/stocks/acme-solar-holdings-ltd) ACMESOLAR · leader · Most evidence points up · 83% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 53.7% · Profit 57.5% · Operating margin change -1 points · 100% evidence Capital efficiency 15.6/25 · ROCE 8.9% · Operating margin 85% · 100% evidence Valuation 9.3/20 · P/E 38.1× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 48.7% · Lead over NIFTY 500 37.1% · 1 year 43.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.5 + 15.6 + 9.3 + 20 = 65.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Adani Power Ltd](https://www.sectoralpha.in/stocks/adani-power-ltd) ADANIPOWER · quiet · Most evidence points up · 100% evidence 65.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 17.2% · Profit 58.7% · Operating margin change 4 points · 100% evidence Capital efficiency 17.9/25 · ROCE 17.2% · Operating margin 42% · 100% evidence Valuation 7.9/20 · P/E 20× · PEG 1.83 · 100% evidence Relative strength 13.4/20 · Lead over its industry 17.8% · Lead over NIFTY 500 8% · 1 year 19.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26.1 + 17.9 + 7.9 + 13.4 = 65.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Gujarat Industries Power Co Ltd](https://www.sectoralpha.in/stocks/gujarat-industries-power-co-ltd) GIPCL · breaking out · Evidence leans up · 81% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.6/35 · Revenue 23.7% · Profit 100% · Operating margin change 18 points · 88% evidence Capital efficiency 8.1/25 · ROCE 5.5% · Operating margin 48% · 100% evidence Valuation 11.2/20 · P/E 4.9× · PEG 2.55 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 6% · 1 year -12.5% · 25% evidence · 12 of 12 weeks ahead Exact sum: 28.6 + 8.1 + 11.2 + 12 = 59.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [JSW Energy Ltd](https://www.sectoralpha.in/stocks/jsw-energy-ltd) JSWENERGY · quiet · Evidence leans up · 82% evidence 58.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 26.4% · Profit 24.4% · Operating margin change -1 points · 95% evidence Capital efficiency 13.6/25 · ROCE 8.2% · Operating margin 57% · 76% evidence Valuation 7.8/20 · P/E 38.9× · PEG n/a · 50% evidence Relative strength 14.3/20 · Lead over its industry 10.5% · Lead over NIFTY 500 1.6% · 1 year -5.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.1 + 13.6 + 7.8 + 14.3 = 58.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Adani Green Energy Ltd](https://www.sectoralpha.in/stocks/adani-green-energy-ltd) ADANIGREEN · turning · Evidence leans up · 75% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/35 · Revenue 21.2% · Profit -3.3% · Operating margin change 2 points · 95% evidence Capital efficiency 14.1/25 · ROCE 7.4% · Operating margin 89% · 76% evidence Valuation 8.7/20 · P/E 109× · PEG n/a · 15% evidence Relative strength 15.9/20 · Lead over its industry 25.5% · Lead over NIFTY 500 15.2% · 1 year 13.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.4 + 14.1 + 8.7 + 15.9 = 55.1 · What this means: Relative strength against the index is 15.2%, and revenue and profit growth are weak. 6. [NTPC Ltd](https://www.sectoralpha.in/stocks/ntpc-ltd) NTPC · quiet · Evidence leans up · 82% evidence 55.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue 7.4% · Profit 24.8% · Operating margin change 0 points · 95% evidence Capital efficiency 14.1/25 · ROCE 8.9% · Operating margin 29% · 76% evidence Valuation 11.8/20 · P/E 10.3× · PEG n/a · 50% evidence Relative strength 12.4/20 · Lead over its industry 2.7% · Lead over NIFTY 500 -5.5% · 1 year -6.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.7 + 14.1 + 11.8 + 12.4 = 55 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [SJVN Ltd](https://www.sectoralpha.in/stocks/sjvn-ltd) SJVN · quiet · Evidence leans up · 93% evidence 54.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 99% · Profit 77.6% · Operating margin change -12 points · 100% evidence Capital efficiency 11.5/25 · ROCE 5.7% · Operating margin 71% · 100% evidence Valuation 14.8/20 · P/E 21.2× · PEG 0.29 · 65% evidence Relative strength 3.3/20 · Lead over its industry -14% · Lead over NIFTY 500 -20.9% · 1 year -39.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25 + 11.5 + 14.8 + 3.3 = 54.6 · What this means: Earnings are strong; relative strength in its sector is -14% and the one-year return is -39.4%. 8. [NTPC Green Energy Ltd](https://www.sectoralpha.in/stocks/ntpc-green-energy-ltd) NTPCGREEN · quiet · Evidence leans up · 83% evidence 52.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.7/35 · Revenue 49.3% · Profit 8.6% · Operating margin change 2 points · 100% evidence Capital efficiency 11.8/25 · ROCE 3.6% · Operating margin 88% · 100% evidence Valuation 8.8/20 · P/E 106× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry -0.7% · Lead over NIFTY 500 -8.7% · 1 year -20.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.7 + 11.8 + 8.8 + 11 = 52.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [NHPC Ltd](https://www.sectoralpha.in/stocks/nhpc-ltd) NHPC · turning · Evidence leans up · 96% evidence 51.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 12% · Profit 24% · Operating margin change 6 points · 88% evidence Capital efficiency 9.1/25 · ROCE 5.8% · Operating margin 62% · 100% evidence Valuation 4.3/20 · P/E 20.6× · PEG 3.32 · 100% evidence Relative strength 17.7/20 · Lead over its industry 14.3% · Lead over NIFTY 500 5.4% · 1 year -8.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 20.8 + 9.1 + 4.3 + 17.7 = 51.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [KPI Green Energy Ltd](https://www.sectoralpha.in/stocks/kpi-green-energy-ltd) KPIGREEN · quiet · Evidence leans up · 78% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/35 · Revenue 40% · Profit 33.2% · Operating margin change 1 points · 83% evidence Capital efficiency 17.1/25 · ROCE 13.7% · Operating margin 35% · 76% evidence Valuation 13.4/20 · P/E 12× · PEG n/a · 50% evidence Relative strength 1.1/20 · Lead over its industry -19.1% · Lead over NIFTY 500 -25.7% · 1 year -48.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.9 + 17.1 + 13.4 + 1.1 = 51.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Jaiprakash Power Ventures Ltd](https://www.sectoralpha.in/stocks/jaiprakash-power-ventures-ltd) JPPOWER · quiet · Evidence leans down · 78% evidence 48.6 out of 100 Growth Capital Valuation Relative
12. [RattanIndia Power Ltd](https://www.sectoralpha.in/stocks/rattanindia-power-ltd) RTNPOWER · basing · Evidence leans down · 66% evidence 44.9 out of 100 Growth Capital Valuation Relative
13. [CESC Ltd](https://www.sectoralpha.in/stocks/cesc-ltd) CESC · quiet · Evidence leans down · 78% evidence 44.7 out of 100 Growth Capital Valuation Relative
14. [Orient Green Power Company Ltd](https://www.sectoralpha.in/stocks/orient-green-power-company-ltd) GREENPOWER · basing · Evidence leans down · 71% evidence 44.5 out of 100 Growth Capital Valuation Relative
15. Tata Power Company Ltd this page TATAPOWER · quiet · Evidence leans down · 96% evidence 43.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.4/35 · Revenue -4.2% · Profit 8.4% · Operating margin change 0 points · 88% evidence Capital efficiency 15.2/25 · ROCE 10.5% · Operating margin 20% · 100% evidence Valuation 4.2/20 · P/E 28.2× · PEG 4.63 · 100% evidence Relative strength 12.1/20 · Lead over its industry 2.7% · Lead over NIFTY 500 -5.6% · 1 year -14.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.4 + 15.2 + 4.2 + 12.1 = 43.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 16. [NLC India Ltd](https://www.sectoralpha.in/stocks/nlc-india-ltd) NLCINDIA · quiet · Evidence leans down · 78% evidence 42.2 out of 100 Growth Capital Valuation Relative
17. [Torrent Power Ltd](https://www.sectoralpha.in/stocks/torrent-power-ltd) TORNTPOWER · quiet · Evidence leans down · 78% evidence 39.8 out of 100 Growth Capital Valuation Relative
18. [India Power Corporation Ltd](https://www.sectoralpha.in/stocks/india-power-corporation-ltd) DPSCLTD · quiet · Evidence leans down · 81% evidence 38.4 out of 100 Growth Capital Valuation Relative
19. [Reliance Power Ltd](https://www.sectoralpha.in/stocks/reliance-power-ltd) RPOWER · basing · Most evidence points down · 64% evidence 28.8 out of 100 Growth Capital Valuation Relative
20. [BF Utilities Ltd](https://www.sectoralpha.in/stocks/bf-utilities-ltd) BFUTILITIE · quiet · Too little evidence to rank firmly · 53% evidence 27.2 out of 100 Growth Capital Valuation Relative
21. [Mac Charles (India) Ltd](https://www.sectoralpha.in/stocks/mac-charles-indialtd) Too little evidence to rank firmly · 32% evidence 52.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Power - Generation/Distribution](https://www.sectoralpha.in/sectors/power-generation-distribution), all 21 compared on one page. ## Which companies are close to Tata Power in size? Tata Power is the 4th largest of 21 Power - Generation/Distribution companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Adani Power, NTPC and Adani Green Energy. Just below it: JSW Energy, NHPC and NTPC Green Energy. ### Power - Generation/Distribution companies close in size

1. [Adani Power Ltd](https://www.sectoralpha.in/stocks/adani-power-ltd) ₹3,64,481 crore
2. [NTPC Ltd](https://www.sectoralpha.in/stocks/ntpc-ltd) ₹3,06,657 crore
3. [Adani Green Energy Ltd](https://www.sectoralpha.in/stocks/adani-green-energy-ltd) ₹2,13,919 crore
4. Tata Power Company Ltd ₹1,10,255 crore
5. [JSW Energy Ltd](https://www.sectoralpha.in/stocks/jsw-energy-ltd) ₹91,738 crore
6. [NHPC Ltd](https://www.sectoralpha.in/stocks/nhpc-ltd) ₹78,090 crore
7. [NTPC Green Energy Ltd](https://www.sectoralpha.in/stocks/ntpc-green-energy-ltd) ₹69,467 crore

[All 21 Power - Generation/Distribution companies, largest first](https://www.sectoralpha.in/sectors/power-generation-distribution#all-companies)

### Companies close in size in other industries

1. [Cipla Ltd](https://www.sectoralpha.in/stocks/cipla-ltd) ₹1,11,397 crore · Pharma - Formulators
2. [GAIL (India) Ltd](https://www.sectoralpha.in/stocks/gail-indialtd) ₹1,10,402 crore · Gas Distribution
3. Tata Power Company Ltd ₹1,10,255 crore
4. [Jindal Steel Ltd](https://www.sectoralpha.in/stocks/jindal-steel-ltd) ₹1,08,252 crore · Steel Products
5. [Canara Bank](https://www.sectoralpha.in/stocks/canara-bank) ₹1,06,616 crore · Banks - PSU

## What else do people ask about Tata Power? ### What is Tata Power's share price today? Tata Power Company Ltd's share price is ₹356.55, −11.9% over the past year. The whole company is worth ₹1,13,946 Cr on the market. In the last 52 weeks it traded between ₹342 to ₹454; today it is 13% of the way up from the low, 5.6% below its 200-day average (as of 3 November 2026). ### What were Tata Power's latest quarterly results? Tata Power Company Ltd reported revenue of ₹19,051 Cr and net profit of ₹1,401 Cr for the Jun 2026 quarter. Revenue rose 5.6% and profit rose 11.0% compared with a year earlier. Earnings per share were ₹3.68. The operating margin was 20.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Tata Power's market cap? Tata Power Company Ltd's market capitalisation is ₹1,13,946 Cr at a share price of ₹356.55. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Tata Power performing? Tata Power Company Ltd's share price has been falling for 14 weeks. In its latest quarter, revenue rose 5.6% and profit rose 11.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Tata Power's share price go up? This page does not forecast Tata Power Company Ltd's share price. What it shows instead: the share price is ₹356.55, and it has been falling for 14 weeks. Its P/E of 29.1× is higher than 55% of its own last 11 years (as of 3 November 2026). ### Who owns Tata Power? Promoters own 46.9% of Tata Power Company Ltd, foreign institutions 10.1%, domestic institutions 18.5% and the public 24.5% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 1.9 percentage points over 8 quarters (as of 3 November 2026). ### Does Tata Power have too much debt? Yes, Tata Power Company Ltd has a lot of debt: its debt is 1.93× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹76,141 Cr against equity of ₹39,468 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Tata Power in its business cycle? Tata Power Company Ltd's FY26 operating margin was 21.0%, against a 13-year range of 7.0% to 23.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 20.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Tata Power story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Tata Power a stock worth studying right now? What the numbers show: Tata Power Company Ltd's share price has fallen more than its earnings. Earnings per share fell 5.6% in a year while the price moved −11.9%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Tata Power share price forecast for 2026? What management itself guided: Power demand is expected to increase further as cooling requirements persist and industrial growth improves. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.