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Tata Power Share Price Today

Company details

372.00
388.00
182.35
433.30
6M Return 43.57%
1Y Return 87.12%
Mkt Cap.(Cr) 121,614.64
Volume 18,754,916
Div Yield 0.51%
OI
-
OI Chg %
-
Volume 18,754,916

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Electric Utilities company Tata Power Company announced Q3FY24 results:

Financial Performance

  • Revenue: Q3FY24 saw a revenue increase to Rs 14,841 crore, which is a 3% year-on-year growth. For 9MFY24, revenue reached an all-time high of Rs 45,286 crore.
  • EBITDA: The EBITDA for Q3FY24 jumped by 15% YoY to Rs 3,250 crore. The 9MFY24 EBITDA also hit a record high at Rs 9,342 crore, marking a 34% increase.
  • Profit After Tax (PAT): PAT for Q3FY24 grew to Rs 1,076 crore, with 9MFY24 PAT at Rs 3,235 crore, showing a growth of 13%.

Business Highlights

  • The core businesses of Generation, Transmission & Distribution, and Renewables contributed more than 71% of the PAT in 9MFY24, a significant increase from 40% in FY23.
  • Odisha Distribution Business reported a 75% increase in Q3FY24 PAT to Rs 63 crore and a 103% increase in 9MFY24 PAT to Rs 217 crore.
  • Tata Power secured two transmission projects worth Rs 2,300 Cr in Bikaner-Neemrana and Jalpura-Khurja under the TBCB regime.

Renewable Energy and Solar Initiatives

  • The solar rooftop portfolio reached over 2,000 MW, including Group Captive, with an addition of 146 MW during Q3FY24, up by 15% year-on-year.
  • The company facilitated over Rs 3,500 crore worth of customer financing for solar projects.

Electric Vehicle (EV) and E-Mobility

  • Tata Power installed more than 11,400 home EV chargers and energized 412 public EV charging points in Q3FY24, contributing to a total of over 5,300 public/semi-public chargers.

Sustainability and Corporate Social Responsibility (CSR)

  • Tata Power launched 'Project GhanVan' with the ICICI Foundation to plant 2.5 lakh indigenous trees in the Western Ghats over three years.
  • The company organized Urja Mela 2023 in Delhi to promote energy conservation among students.

Dr. Praveer Sinha, CEO and Managing Director of Tata Power, stated: "Our core businesses continue to perform well and have helped the Company clock its 17th consecutive PAT growth quarter. Our consistent performance shows strong fundamentals of excellence in operational performance and project execution capability. As the country witnesses a surge in power demand, Tata Power is well-positioned to capitalize on the growth momentum with its cutting-edge, customized and cost-effective clean and green energy solutions."

 

 

Result PDF

View Other Company Results

Tata Power Company Ltd shares SWOT Analysis

Strengths (8)

  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (1)

  • Negative Breakdown First Support (LTP < S1)

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 398.6
R2 404.5
R3 414.5
Pivot

388.58

S1 382.7
S2 372.7
S3 366.8
EMA SMA
386.5
370.7
341.5
303.2
385.3
375.4
331.9
285.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-14 229.75 2301336 NSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-11-14 229.75 2301336 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-03 229.05 2301337 NSE
Name Category Shares
Tata Sons Private Limited PROMOTER 45.21%
Tata Steel Limited PROMOTER 1.22%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Tata Power Share Comparison

Financials( in Cr) Tata Power Company Ltd NTPC Ltd Adani Green Energy Ltd Power Grid Corporation of India Ltd Adani Power Ltd
Price 380.60 316.05 1,905.20 266.20 533.00
% Change -1 -1.80 0.52 -0.06 -0.90
Mcap Cr 121,614.64 306,463.13 301,789.78 247,582.08 205,574.85
Revenue TTM Cr 55,553.27 176,206.93 7,792.00 45,581.28 36,681.21
Net Profit TTM Cr 3,809.67 17,121.35 973.00 15,417.12 10,246.15
PE TTM 36.96 15.77 179.99 15.67 8.75
1 Year Return 87.12 77.66 169.82 57.61 160.83
ROCE 10.90 9.69 7.58 12.74 15.39
ROE 14.87 12.13 22.13 19.36 36.51
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 28,787.43 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,949.36 46,625.05
LAST 3M 62,706.47 30,325.37
LAST 6M 124,059.31 61,387.51
LAST 12M 183,733.61 212,735.20
Tata Power Company Limited - Loss of Share Certificates

Mar 18, 2024 l NSE Announcement

Tata Power Company Limited - Loss of Share Certificates

Mar 15, 2024 l NSE Announcement

Tata Power Company Limited - Loss of Share Certificates

Mar 14, 2024 l NSE Announcement

Date Action Type Ratio
Jun 07, 2023 Dividend 200
Jun 15, 2022 Dividend 175

Tata Power Company Ltd Information

Stock PE (TTM)
36.96
Promoter Holding
46.86%
Book Value
94.3132
ROCE
10.9%
ROE
14.87%
Description
  • Tata Power Company Ltd. is India’s one of the largest integrated power company and a part of one of the biggest organizations in India: TATA Group. The company commenced its operations in the year 1915 by establishing a hydro-electric project in Khapoli, India, and since then, Tata Power Ltd has grown to deliver more and more utility services to the world.

    Currently, Tata Power has an installed/managed energy capacity of 14,384 MW and is serving a customer base of over 12.5 million. It has spread its business horizons in various categories like Renewable Energy Generation, Conventional Energy Generation, Transmission & Distribution, Next Gen Power Solutions, Trading, and Service Business. To grow globally, Tata Power has also forayed into some key international spaces like Indonesia, Georgia, and Zambia.

    In the year 2022-2023, TATA Power Ltd had a strong financial front, with the revenue soaring high to Rs. 56,033 crores (increasing by 32% Y-o-Y). EBITDA and PAT also saw an impressive growth of 23% and 77% respectively. The EBITDA of the company in the FY 2022-2023 was at an all-time high at Rs. 10,068 crores. The company has also declared a dividend of Rs.2 per share in 2023.

    With a strong belief in values and maintaining sustainability in power generation, Tata Power is growing in every domain. Customers, employees, and investors being the main pillars of the organizational development, Tata Power Ltd   continues to fulfill its objectives and deliver the nation’s requirements.

Registered Address

Bombay House, 24 Homi Mody Street, Mumbai, Maharashtra, 400001

Tel : 91-022-66658282
Email : investorcomplaints:tatapower.com
Website : http://www.tatapower.com
Registrar

TSR Consultants P Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500400
NSE Code : TATAPOWER
Book Closure Date (Month) : Jun
BSE Group : A
ISIN : INE245A01021

FAQ’s on Tata Power Company Ltd Shares

You can buy Tata Power Company Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tata Power Company Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 15, 2024 03:09 PM the closing price of Tata Power Company Ltd was ₹ 380.60.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 15, 2024 03:09 PM, the market cap of Tata Power Company Ltd stood at ₹ 121,614.64.

The latest PE ratio of Tata Power Company Ltd as of Mar 15, 2024 03:09 PM is 36.96

The latest PB ratio of Tata Power Company Ltd as of Mar 15, 2024 03:09 PM is 0.25

The 52-week high of Tata Power Company Ltd is ₹ 433.30 while the 52-week low is ₹ 182.35

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