Tata Power
Market Cap
₹161.7b
Last Updated
2019/10/18 12:34 UTC
Data Sources
Company Financials +
Executive Summary
The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity primarily in India.
Snowflake
Fundamentals
Established dividend payer and fair value.
Similar Companies
Share Price & News
How has Tata Power's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.6%
500400
0.3%
IN Electric Utilities
3.1%
IN Market
1 Year Return
-14.5%
500400
0.9%
IN Electric Utilities
3.7%
IN Market
Return vs Industry: 500400 underperformed the Indian Electric Utilities industry which returned 0.9% over the past year.
Return vs Market: 500400 underperformed the Indian Market which returned 3.7% over the past year.
Shareholder returns
| 500400 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | 0.3% | 3.1% |
| 30 Day | -6.2% | -1.5% | 5.7% |
| 90 Day | -9.6% | -2.6% | 1.4% |
| 1 Year | -12.8%-14.5% | 4.3%0.9% | 5.9%3.7% |
| 3 Year | -24.1%-28.1% | 17.5%8.2% | 22.3%16.0% |
| 5 Year | -25.5%-31.8% | 26.3%12.6% | 42.5%28.9% |
Price Volatility Vs. Market
How volatile is Tata Power's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
The Tata Power Company Limited (BOM:500400) Should Be In Your Dividend Portfolio, Here's WhyValuation
Is Tata Power undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 500400 (₹60.05) is trading below our estimate of fair value (₹134.32)
Significantly Undervalued: 500400 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 500400 is poor value based on its PE Ratio (25.4x) compared to the Electric Utilities industry average (14.5x).
PE vs Market: 500400 is poor value based on its PE Ratio (25.4x) compared to the Indian market (13.2x).
Price to Earnings Growth Ratio
Low PEG Ratio: 500400 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 500400 is overvalued based on its PB Ratio (0.9x) compared to the IN Electric Utilities industry average (0.9x).
Next Steps
Future Growth
How is Tata Power forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
43.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500400's forecast earnings growth (43.3% per year) is above the savings rate (7.6%).
Earnings vs Market: 500400's earnings (43.3% per year) are forecast to grow faster than the Indian market (18.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500400's revenue (4.1% per year) is forecast to grow slower than the Indian market (11.4% per year).
High Growth Revenue: 500400's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: 500400's Return on Equity is forecast to be low in 3 years time (9.1%).
Next Steps
Past Performance
How has Tata Power performed over the past 5 years?
52.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 500400 has become profitable over the past 5 years, growing earnings by 52.9% per year.
Accelerating Growth: 500400's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500400 had negative earnings growth (-82.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (-1.8%).
Return on Equity
High ROE: 500400's Return on Equity (5.1%) is considered low.
Return on Assets
ROA vs Industry: 500400's Return on Assets is below or equal to the Electric Utilities industry average last year.
Return on Capital Employed
ROCE Improving: 500400's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Tata Power's financial position?
Financial Position Analysis
Short Term Liabilities: 500400's short term assets (₹157.7B) do not cover its short term liabilities (₹286.6B)
Long Term Liabilities: 500400's short term assets (157.7B) do not cover its long term liabilities (351.2B)
Debt to Equity History and Analysis
Debt Level: 500400's debt to equity ratio (237.9%) is considered high
Reducing Debt: 500400's debt to equity ratio has reduced from 262.7% to 237.9% over the past 5 years.
Debt Coverage: 500400's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 500400's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Inventory Level: 500400 has a high level of physical assets or inventory.
Debt Coverage by Assets: 500400's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is Tata Power's current dividend yield, its reliability and sustainability?
2.16%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 500400's dividend (2.16%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 500400's dividend (2.16%) is low compared to the top 25% of dividend payers in the Indian market (2.48%).
Stable Dividend: 500400's dividends per share have been stable in the past 10 years.
Growing Dividend: 500400's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55%), 500400's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500400's dividends in 3 years are forecast to be well covered by earnings (23.3% payout ratio).
Next Steps
Management
What is the CEO of Tata Power's salary, the management and board of directors tenure and is there insider trading?
8.2yrs
Average management tenure
CEO
Praveer Sinha (57yo)
1.4yrs
Tenure
₹45,992,931
Compensation
Mr. Praveer Sinha has been the Managing Director of Tata Power Co Ltd since September 1, 2007. He serves as Chairman at Tata Power Renewable Energy and also serves as its Non Independent Non-Executive Dire ...
CEO Compensation Analysis
Compensation vs. Market: Praveer has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Indian market.
Compensation vs Earnings: Insufficient data to compare Praveer's compensation with company performance.
Management Age and Tenure
8.2yrs
Average Tenure
61.5yo
Average Age
Experienced Management: 500400's management team is seasoned and experienced (8.2 years average tenure).
Board Age and Tenure
2.5yrs
Average Tenure
56yo
Average Age
Experienced Board: 500400's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 10,957,280 |
| Max Price | ₹67.08 |
| Entity | Company |
| Shares | 27,570,481 |
| Max Price | ₹64.45 |
| Entity | Company |
| Shares | 32,944,864 |
| Max Price | ₹64.53 |
| Entity | Company |
| Shares | 14,295,668 |
| Max Price | ₹61.13 |
| Entity | Company |
| Shares | 1,100,230 |
| Max Price | ₹57.81 |
| Entity | Individual |
| Shares | 17,450 |
| Max Price | ₹67.15 |
| Entity | Individual |
| Shares | 9,200 |
| Max Price | ₹67.52 |
| Entity | Individual |
| Shares | 13,150 |
| Max Price | ₹66.12 |
| Entity | Individual |
| Shares | 7,000 |
| Max Price | ₹66.52 |
Ownership Breakdown
Management Team
Shalini Singh
Chief of Corporate Communications & Sustainability
- Tenure: 0yrs
Praveer Sinha (57yo)
CEO, MD & Director
- Tenure: 1.4yrs
- Compensation: ₹45.99m
Gobind Baghasingh (66yo)
Executive VP & Chief Human Resource Officer
- Tenure: 12.9yrs
- Compensation: ₹6.68m
A. Bapat
Head of Corporate Legal
- Tenure: 0yrs
Rahul Shah (52yo)
Chief of Strategy & New Business Services
- Tenure: 0yrs
- Compensation: ₹2.87m
Vijay Rajpal (74yo)
Chief of Aviation
- Tenure: 13.5yrs
- Compensation: ₹4.84m
G. Rajagopalan (68yo)
Chief Information Officer
- Tenure: 0yrs
- Compensation: ₹3.53m
Ramesh Subramanyam (50yo)
CFO & Compliance Officer
- Tenure: 5.6yrs
- Compensation: ₹34.27m
Hanoz Mistry
Company Secretary
- Tenure: 8.2yrs
- Compensation: ₹11.86m
Anand Agarwal
Chief Investor Relations Officer
- Tenure: 0yrs
Board Members
Ashok Sinha (67yo)
Independent Non-Executive Director
- Tenure: 0.4yrs
Praveer Sinha (57yo)
CEO, MD & Director
- Tenure: 1.4yrs
- Compensation: ₹45.99m
Natarajan Chandrasekaran (56yo)
Non-Independent Non-Executive Chairman
- Tenure: 2.7yrs
- Compensation: ₹300.00k
Banmali Agrawala (56yo)
Non-Executive Director
- Tenure: 11.7yrs
- Compensation: ₹390.00k
Anjali Bansal (48yo)
Independent Non-Executive Director
- Tenure: 3yrs
- Compensation: ₹5.42m
Vibha Padalkar (51yo)
Independent Non-Executive Director
- Tenure: 3yrs
- Compensation: ₹5.45m
Hemant Bhargava (60yo)
Non-Independent Non-Executive Director
- Tenure: 2.2yrs
- Compensation: ₹2.09m
Saurabh Agrawal (50yo)
Non-Executive Director
- Tenure: 1.9yrs
- Compensation: ₹420.00k
Sanjay Bhandarkar (51yo)
Independent Non-Executive Director
- Tenure: 3yrs
- Compensation: ₹6.04m
Kesava Chandrasekhar (71yo)
Independent Non-Executive Director
- Tenure: 2.4yrs
- Compensation: ₹4.36m
Company Information
The Tata Power Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Tata Power Company Limited
- Ticker: 500400
- Exchange: BSE
- Founded: 1915
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₹161.745b
- Shares outstanding: 2.70b
- Website: https://www.tatapower.com
Number of Employees
Location
- The Tata Power Company Limited
- Corporate Center Block A
- 34 Sant Tukaram Road
- Mumbai
- Maharashtra
- 400009
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500400 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 1991 |
| TATAPOWER | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 1991 |
| 500400 | NSEI (National Stock Exchange of India) | INR1 | IN | INR | Jan 1992 | |
| TTP94 | BDL (Bourse de Luxembourg) | GDR-REP 900 ORD INR1 REG'S | LU | USD | Mar 2005 | |
| TTP09 | BDL (Bourse de Luxembourg) | GDR EACH REPR 10 SH 'REG S | LU | USD | Jul 2009 | |
| TPCL | LSE (London Stock Exchange) | GDR EACH REPR 10 SH 'REG S | GB | USD | Jul 2009 |
Biography
The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity primarily in India. It operates through two segments, Power and Others. The company generate ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 12:34 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.