Tata Power Company Ltd

Tata Power Share Price Today

Established on September 18, 1919, Tata Power serves as India's leading integrated Power Company, formerly known as Tata Electric. The company’s broad services covers the entire power value chain, including conventional and renewable energy, power services, Electric Vehicle (EV) charging stations, and solar roofs. Pioneering India's hydroelectric power landscape, Tata Power inaugurated the nation's inaugural hydroelectric power plants in 1915.

Tata Power, along with its subsidiaries and joint ventures, owns a generation capacity of 12,772 MW, with 30% sourced from sustainable, eco-friendly sources. The company remains at the forefront of eco-conscious technological solutions, providing energy-efficient power services, multi-city EV charging infrastructure, and rooftop solar services to support environmentally conscious consumers and foster India's EV adoption drive. 

The company has 3,927 MW capacity of renewable energy installed and 10,183 MW of traditional energy generation capacity. The company also owns a transmission network of 4,194 circuit kilometres that enables it to provide stable distribution services for 12.9 million customers. Tata Power is committed to developing public EV infrastructure with 3,700 public EV charging points to be installed in 351 cities. 

Tata Power endures to challenge the limits with more than 1,650 MW worth operational solar projects and a production capacity of 4.6 GW for modules and solar cells. The company has already completed more than 11.5 GWp worth of large-scale solar projects, while many are still under development which makes them one among India's leading clean energy players currently.

However, we cannot predict what will happen next because everything depends on market conditions and analysts’ predictions; but looking at these figures alone shows how much effort they put into sustainable growth. 

Business Segments of Tata Power

Tata Power operates in all aspects of the power sector, including power generation, power trading, transmission, distribution, power services, solar PV manufacturing, engineering, procurement and construction , coal mining, logistics, and consumer-facing businesses such as solar rooftops, solar pumps, EV charging, home automation, and microgrid.

Subsidiaries of Tata Power Company

Tata Power has over 65 domestic subsidiaries, including Tata Power Solar Systems Limited, Tata Power Trading Company Limited, and Tata Power Green Energy Limited. The company also has more than ten international subsidiaries, including Bhira Investments, Bhivpuri Investments Limited, and Khopoli Investments Limited. Furthermore, the company has formed over 30 joint ventures, including PT Mitratama Perkasa, PT Mitratama Usaha, and PT Kalimantan Prima Power, strengthening its global presence with healthy collaboration.   

Financial Performance of Tata Power Company

The company witnessed significant growth across its key financial metrics, which includes the following:

• The company's net profit after tax (PAT) upsurge to Rs.3,810 crore in FY 2023, from Rs.2,606 crore in FY 2019.
• The company's revenue increased to Rs. 56,033 crore in FY 2023 from Rs. 29,984 crore in FY 2019.
• EBITDA also experienced a notable growth, rising from Rs. 7,235 crore in FY 2019 to Rs. 10,068 crore in FY 2023. 
• The company's earnings per share (EPS) increased from 2019 to 2023.
• Between FY 2019-2023, the company displayed an admirable 8% Compound Annual Growth Rate (CAGR) in its PAT.
  
   

This consistent performance had an optimistic impact on Tata Power’s share price history, which can be tracked on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Key Personnel of Tata Power Company

Praveen Sinha is the CEO and Managing Director of Tata Power Company Limited. With an extensive 40 years of expertise, he has held several leadership roles. Under his radar, the company is transitioning from a conventional century-old power utility towards becoming a contemporary, environmentally conscious, technology-driven, customer-centric provider of green energy solutions.  

Corporate Actions of Tata Power Company

On September 26, 2011, Tata Power underwent a share split, reducing its share value from Rs.10 to Rs.1, with the ex-date set on that day. The record date for this split was consequently fixed as September 27, 2011.