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5004

Tata PowerBSE:500400 Stock Report

Market Cap

₹443.4b

7D

3.2%

1Y

156.2%

Updated

27 Sep, 2021

Data

Company Financials +
500400 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
Dividends5/6

500400 Overview

The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

Tata Power Competitors

NHPC

BSE:533098

₹279.3b

Sterling and Wilson Solar

NSEI:SWSOLAR

₹62.1b

Price History & Performance

Summary of all time highs, changes and price drops for Tata Power
Historical stock prices
Current Share Price₹138.75
52 Week High₹51.65
52 Week Low₹145.40
Beta0.80
1 Month Change9.08%
3 Month Change12.99%
1 Year Change156.23%
3 Year Change103.89%
5 Year Change81.61%
Change since IPO1,400.00%

Recent News & Updates

Shareholder Returns

500400IN Electric UtilitiesIN Market
7D3.2%-7.6%0.8%
1Y156.2%134.2%67.5%

Return vs Industry: 500400 exceeded the Indian Electric Utilities industry which returned 134.2% over the past year.

Return vs Market: 500400 exceeded the Indian Market which returned 67.5% over the past year.

Price Volatility

Is 500400's price volatile compared to industry and market?
500400 volatility
500400 Beta0.80
Industry Beta0.87
Market Beta1

Stable Share Price: 500400 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 500400's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191518,626Praveer Sinhahttps://www.tatapower.com

The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. It operates through Generation, Renewables, Transmission and Distribution, and Others segments. The Generation segment generates power from hydroelectric and thermal sources, such as coal, gas, and oil.

Tata Power Fundamentals Summary

How do Tata Power's earnings and revenue compare to its market cap?
500400 fundamental statistics
Market Cap₹443.35b
Earnings (TTM)₹11.64b
Revenue (TTM)₹359.83b

38.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500400 income statement (TTM)
Revenue₹359.83b
Cost of Revenue₹238.29b
Gross Profit₹121.55b
Expenses₹109.90b
Earnings₹11.64b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.64
Gross Margin33.78%
Net Profit Margin3.24%
Debt/Equity Ratio184.5%

How did 500400 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

40%

Payout Ratio

Valuation

Is Tata Power undervalued compared to its fair value and its price relative to the market?

38.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500400 (₹138.75) is trading above our estimate of fair value (₹130.04)

Significantly Below Fair Value: 500400 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500400 is poor value based on its PE Ratio (38.1x) compared to the Indian Electric Utilities industry average (22.3x).

PE vs Market: 500400 is poor value based on its PE Ratio (38.1x) compared to the Indian market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: 500400 is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: 500400 is overvalued based on its PB Ratio (2x) compared to the IN Electric Utilities industry average (1.4x).


Future Growth

How is Tata Power forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

24.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500400's forecast earnings growth (24.3% per year) is above the savings rate (6.8%).

Earnings vs Market: 500400's earnings (24.3% per year) are forecast to grow faster than the Indian market (18.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 500400's revenue (10.2% per year) is forecast to grow slower than the Indian market (12.6% per year).

High Growth Revenue: 500400's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 500400's Return on Equity is forecast to be low in 3 years time (10.3%).


Past Performance

How has Tata Power performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500400 has high quality earnings.

Growing Profit Margin: 500400's current net profit margins (3.2%) are lower than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: 500400's earnings have grown by 1.8% per year over the past 5 years.

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 (-10.7%) over the past year, making it difficult to compare to the Electric Utilities industry average (10%).


Return on Equity

High ROE: 500400's Return on Equity (6.6%) is considered low.


Financial Health

How is Tata Power's financial position?


Financial Position Analysis

Short Term Liabilities: 500400's short term assets (₹163.7B) do not cover its short term liabilities (₹309.1B).

Long Term Liabilities: 500400's short term assets (₹163.7B) do not cover its long term liabilities (₹426.3B).


Debt to Equity History and Analysis

Debt Level: 500400's debt to equity ratio (184.5%) is considered high.

Reducing Debt: 500400's debt to equity ratio has reduced from 223.3% to 184.5% over the past 5 years.

Debt Coverage: 500400's debt is not well covered by operating cash flow (18.1%).

Interest Coverage: 500400's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Dividend

What is Tata Power current dividend yield, its reliability and sustainability?

1.12%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500400's dividend (1.12%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 500400's dividend (1.12%) is low compared to the top 25% of dividend payers in the Indian market (1.45%).


Stability and Growth of Payments

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 reasonably low payout ratio (40.4%), 500400's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 500400's dividends in 3 years are forecast to be well covered by earnings (28.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.8yrs

Average management tenure


CEO

Praveer Sinha (59 yo)

3.33yrs

Tenure

₹71,270,720

Compensation

Dr. Praveer Sinha has been the Managing Director, Chief Executive Officer and Director of The Tata Power Company Limited (formerly known as Tata Power Co Ltd) since May 1, 2018. He serves as Non Independen...


CEO Compensation Analysis

Compensation vs Market: Praveer's total compensation ($USD965.59K) is about average for companies of similar size in the Indian market ($USD786.66K).

Compensation vs Earnings: Praveer's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: 500400's management team is seasoned and experienced (14.8 years average tenure).


Board Members

Experienced Board: 500400's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Tata Power Company Limited's 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: ₹443.353b
  • Shares outstanding: 3.20b
  • Website: https://www.tatapower.com

Number of Employees


Location

  • The Tata Power Company Limited
  • Bombay House
  • 24, Homi Mody Street
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 15:32
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.