Valuation Tata Power Company Limited

Equities

TATAPOWER

INE245A01021

Electric Utilities

Market Closed - Bombay S.E. Other stock markets 03:52:54 16/07/2025 pm IST			5-day change	1st Jan Change
414.65 ^INR	+2.69%		+3.44%	+5.67%

04/07	Tata Power Company Arm Sees 416% Rise in Fiscal Q1 Rooftop Solar Installations	MT
03/07	Tata Power's Renewable Energy Arm Commissions 752 MW of Solar Capacity	MT

Company Valuation: Tata Power Company Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	3,29,759	7,63,207	6,07,754	12,59,443	11,99,530	13,24,948	-	-
Change	-	131.44%	-20.37%	107.23%	-4.76%	10.46%	-	-
Enterprise Value (EV) ¹	6,80,721	11,99,631	9,85,433	16,62,722	16,63,476	19,11,074	19,93,419	21,75,799
Change	-	76.23%	-17.86%	68.73%	0.05%	14.88%	4.31%	9.15%
P/E ratio	32.6x	44.6x	18.2x	34.1x	30.2x	27.2x	24.1x	22.3x
PBR	1.48x	3.4x	2.11x	3.89x	3.35x	3.26x	2.92x	2.71x
PEG	-	0.6x	0.2x	3.1x	4.11x	1.2x	1.9x	2.75x
Capitalization / Revenue	1x	1.75x	1.07x	1.99x	1.79x	1.82x	1.67x	1.59x
EV / Revenue	2.07x	2.74x	1.74x	2.63x	2.48x	2.63x	2.52x	2.62x
EV / EBITDA	9.03x	16.5x	11.4x	15.3x	12.2x	12.7x	11.6x	11.2x
EV / EBIT	14.2x	28.9x	19x	23.4x	13.3x	18.6x	16.8x	15.7x
EV / FCF	13.3x	-209x	-198x	-226x	-36.2x	-21.5x	-35.2x	127x
FCF Yield	7.52%	-0.48%	-0.5%	-0.44%	-2.76%	-4.66%	-2.84%	0.79%
Dividend per Share ²	1.55	1.75	2	2	2.25	2.454	2.624	2.117
Rate of return	1.5%	0.73%	1.05%	0.51%	0.6%	0.59%	0.63%	0.51%
EPS ²	3.17	5.36	10.43	11.56	12.41	15.25	17.21	18.61
Distribution rate	48.9%	32.6%	19.2%	17.3%	18.1%	16.1%	15.2%	11.4%
Net sales ¹	3,29,073	4,37,356	5,65,471	6,32,723	6,69,922	7,26,255	7,91,065	8,31,060
EBITDA ¹	75,387	72,717	86,304	1,08,773	1,36,250	1,50,916	1,72,095	1,93,849
EBIT ¹	47,938	41,495	51,912	70,909	1,25,360	1,02,599	1,18,832	1,38,459
Net income ¹	11,274	17,415	33,364	36,962	39,710	49,167	55,723	59,635
Net Debt ¹	3,50,962	4,36,424	3,77,679	4,03,279	4,63,946	5,86,127	6,68,471	8,50,852
Reference price ²	103.20	238.85	190.20	394.15	375.40	414.65	414.65	414.65
Nbr of stocks (in thousands)	31,95,340	31,95,340	31,95,340	31,95,340	31,95,340	31,95,340	-	-
Announcement Date	12/05/21	06/05/22	04/05/23	08/05/24	14/05/25	-	-	-

¹INR in Million²INR

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TATA POWER COMPANY LIMITED	26.48x	2.58x	12.43x	0.61%	1.5TCr
NEXTERA ENERGY	21.39x	8.55x	14.23x	3.04%	15TCr
GE VERNOVA INC.	74.13x	3.89x	44.56x	0.18%	15TCr
IBERDROLA, S.A.	16.36x	3.11x	9.17x	4.33%	11TCr
SOUTHERN COMPANY	21.64x	6.12x	13.64x	3.19%	10TCr
CONSTELLATION ENERGY CORPORATION	39.27x	4.61x	22.02x	0.49%	9.97TCr
ENEL S.P.A.	11.69x	1.64x	6.04x	6.07%	9.32TCr
DUKE ENERGY CORPORATION	18.68x	5.34x	11.23x	3.67%	9.1TCr
VISTRA CORP.	33.34x	4.01x	13.78x	0.48%	6.49TCr
AMERICAN ELECTRIC POWER COMPANY, INC.	17.83x	4.83x	11.63x	3.63%	5.58TCr
Average	28.08x	4.47x	15.87x	2.57%	9.37TCr
Weighted average by Cap.	30.80x	4.84x	18.03x	2.65%