The Tata Power Company Limited

BSE:500400 Stock Report

Market Cap: ₹1.3t

Tata Power Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Praveer Sinha

Chief executive officer

₹136.4m

Total compensation

CEO salary percentage18.31%
CEO tenure8.1yrs
CEO ownershipn/a
Management average tenure3.4yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

Narrative Update • Jun 06

500400: Bhutan Hydro Expansion And Dividend Plans Will Support A Balanced Outlook

Analysts have made a small upward adjustment to Tata Power's fair value estimate, lifting the price target from ₹428.70 to about ₹432.77. This reflects modest tweaks to assumptions around long term profit margins and future P/E levels.
Narrative Update • May 21

500400: Bhutan Hydro Buildout And Digital Projects Will Shape A Balanced Outlook

Analysts have lifted their fair value estimate for Tata Power from ₹418.82 to ₹428.70, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Tata Power announced an annual dividend of ₹2.50 per share, with an ex date and record date of June 23, 2026, and payment scheduled for August 6, 2026 (company announcement).
Narrative Update • May 05

500400: Future Transmission Expansion Will Likely Pressure Margins And Restrict Upside Potential

Analysts have lifted their price target on Tata Power by ₹0 to ₹302, citing slightly stronger assumptions for long term revenue growth, a modestly higher profit margin outlook, and a small adjustment in expected future P/E multiples. What's in the News Tata Power has scheduled a board meeting for May 12, 2026 to consider audited standalone and consolidated financial results for the year ended March 31, 2026 and to recommend a dividend, if any.
Narrative Update • Apr 20

500400: Future Grid Expansion Will Likely Pressure Margins And Limit Upside

Analysts have inched up their price target on Tata Power to ₹302.16 from ₹302.14. This reflects small model tweaks that include slightly different assumptions for revenue growth, profit margin and future P/E levels.
Narrative Update • Apr 06

500400: Future Transmission Expansion Will Likely Strain Margins And Limit Upside

Analysts have lifted Tata Power's price target from ₹293.94 to ₹302.14, reflecting updated assumptions around slightly higher projected revenue growth, modestly stronger profit margins, a lower future P/E multiple and a revised discount rate. What's in the News Tata Power commissioned the 400 kV Tanda Gonda and 400 kV Gonda Basti double circuit transmission lines in Uttar Pradesh, completing all Extra High Voltage transmission lines and substations under the South East UP Power Transmission Company project and supporting evacuation of over 4,000 MW of thermal power in the state (Key Developments).
Narrative Update • Mar 23

500400: Grid Modernisation And Transmission Expansion Will Support Long Term Upside Potential

Analysts have kept the fair value estimate for Tata Power unchanged at ₹510, indicating only minor model adjustments in revenue growth, profit margin and forward P/E assumptions, rather than a material shift in their overall view. What's in the News Tata Power announced a collaboration with Salesforce to digitise its rooftop solar, EV charging, and smart home solutions businesses using AI enabled workflows across sales, service, and marketing, including a proprietary deep learning layer for zero touch quality and safety validation under its Solaroof offerings (Client Announcements).
Narrative Update • Mar 09

500400: Expanding High Voltage Transmission Network Will Support Long Term Upside Potential

Analysts maintained their fair value estimate for Tata Power at ₹510, citing only minor adjustments to projected revenue growth, profit margins and future P/E that were not significant enough to change their overall view. What's in the News The University of Warwick signed an MoU with Tata Power to work on grid modernization, fast charging, power storage, industrial decarbonisation, digital energy systems and advanced manufacturing, alongside joint research, executive education and talent development initiatives (Key Developments).
Narrative Update • Feb 22

500400: Expanding Transmission Network Will Support Long Term Upside Potential

Analysts have nudged their price target on Tata Power to ₹510, reflecting slightly updated views on revenue growth, profit margin and future P/E assumptions, while keeping the overall fair value level unchanged at ₹510. What's in the News The company has commissioned two 765 kV EHV transmission corridors in Uttar Pradesh under the SEUPPTCL project, adding 574 circuit kilometres that support evacuation of over 3,000 MW of thermal power and contribute to grid reliability across the northern region (Client Announcements).
Narrative Update • Feb 08

500400: Expanding Power Transmission Projects Will Support Long Term Upside Potential

Analysts have maintained their fair value estimate for Tata Power at ₹510. This reflects a combination of revised assumptions, including a slightly lower discount rate, higher projected revenue growth, a marginally softer profit margin outlook, and a reduced future P/E multiple.
Narrative Update • Jan 24

500400: Expanding Transmission Network Will Support Long Term Upside Potential

Analysts have kept their fair value estimate for Tata Power steady at ₹510, with only minor tweaks to revenue growth, profit margin and future P/E assumptions. These changes reflect updated modeling rather than a change in the overall view.
Narrative Update • Jan 10

500400: Transmission Expansion Will Drive Long Term Upside Potential

Analysts have maintained their fair value estimate for Tata Power at ₹510.0 while slightly adjusting key model inputs such as the discount rate, revenue growth, profit margin, and future P/E. This reflects updated assumptions rather than a change in their overall price target view.
Narrative Update • Dec 26

500400: Future Margin Pressures Will Likely Undermine Rising Clean Energy Projects

Analysts have modestly raised their price target on Tata Power to INR 294 from INR 282, citing slightly stronger revenue growth expectations despite a small uptick in the discount rate and lower projected profit margins, alongside a higher assumed future P/E multiple. What's in the News Tata Power launched the Energy Insights & Innovation Lab at its Mumbai headquarters in collaboration with the London School of Economics and the International Growth Centre to develop data driven solutions that support India's clean energy transition and grid reliability (strategic alliance).
Narrative Update • Dec 12

500400: Bhutan Hydro Expansion And Stable Margins Will Guide The Medium Term

Analysts have maintained their price target on Tata Power at Rs 419, reflecting unchanged expectations for revenue growth, profitability, and future valuation multiples. What's in the News Tata Power signed commercial agreements with Druk Green Power Corporation to develop the 1,125 MW Dorjilung hydropower project in Bhutan via an SPV, with DGPC holding 60% and Tata Power 40% equity (company announcement).
Narrative Update • Nov 27

500400: Renewable Project Wins And Steady Margins Will Shape The Medium Term

Analysts have marginally raised their price target for Tata Power from ₹418.64 to ₹418.82. They cite a steady profit margin outlook while adjusting expectations for slower revenue growth.
Narrative Update • Nov 13

500400: Revenue Projections And Business Expansion Will Define The Medium Term Outlook

Analysts have raised Tata Power's fair value estimate from ₹413.91 to ₹418.64. They cite stronger revenue growth projections, which more than offset a slightly higher discount rate and modestly lower profit margin expectations.
Narrative Update • Sep 11

Renewable Energy Expansion Will Shape Global Energy Landscape

Tata Power’s consensus analyst price target saw a minor downward revision as both its Future P/E and Net Profit Margin remained stable, resulting in a new fair value estimate of ₹413.91. What's in the News Tata Power's board will meet to consider audited and unaudited consolidated financial results.
User avatar
New Narrative • Nov 09

Solar Growth And Calculated Expansions Drive Renewables And Power Success

Increased solar capacity and operational coal plants position Tata Power for higher revenues and sustained margins amid rising demand.

CEO Compensation Analysis

How has Praveer Sinha's remuneration changed compared to Tata Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026₹136m₹25m

₹37b

Dec 31 2025n/an/a

₹38b

Sep 30 2025n/an/a

₹41b

Jun 30 2025n/an/a

₹41b

Mar 31 2025₹121m₹23m

₹40b

Dec 31 2024n/an/a

₹38b

Sep 30 2024n/an/a

₹37b

Jun 30 2024n/an/a

₹37b

Mar 31 2024₹103m₹21m

₹37b

Dec 31 2023n/an/a

₹36b

Sep 30 2023n/an/a

₹36b

Jun 30 2023n/an/a

₹35b

Mar 31 2023₹92m₹19m

₹33b

Dec 31 2022n/an/a

₹35b

Sep 30 2022n/an/a

₹30b

Jun 30 2022n/an/a

₹26b

Mar 31 2022₹79m₹17m

₹22b

Dec 31 2021n/an/a

₹15b

Sep 30 2021n/an/a

₹13b

Jun 30 2021n/an/a

₹12b

Mar 31 2021₹71m₹15m

₹10b

Dec 31 2020n/an/a

₹13b

Sep 30 2020n/an/a

₹13b

Jun 30 2020n/an/a

₹13b

Mar 31 2020₹53m₹21m

₹13b

Compensation vs Market: Praveer's total compensation ($USD1.44M) is above average for companies of similar size in the Indian market ($USD1.11M).

Compensation vs Earnings: Praveer's compensation has been consistent with company performance over the past year.

CEO

Praveer Sinha (64 yo)

8.1yrs
Tenure
₹136,446,774
Compensation

Dr. Praveer Sinha serves as Chairman at Tata Realty and Infrastructure Limited. He is the company since March 18, 2025. He is Non - Executive Non-Independent Chairman of Tata Housing Development Company Li...

Leadership Team

NamePositionTenureCompensationOwnership
Praveer Sinha
CEO, MD & Director8.1yrs₹136.45mno data
Sanjeev Churiwala
Chief Financial Officer and Chief of Strategy4.4yrs₹85.60mno data
Vispi Patel
Company Secretary & Compliance Officer2.3yrs₹3.80mno data
Dwarka Srinath
Chief Digital & Information Officerno datano datano data
Ajay Kapoor
Chief of Legalno datano datano data
Jyoti Bansal
Chief of Brand & Communicationsno datano datano data
Sonia Sarin
Head of Brand & Marketing1.4yrsno datano data
Himal Tewari
Chief Human Resources Officer and Chief of Sustainability & CSRno datano datano data
A. Bapat
Head of Corporate Legalno datano datano data
Neeraj Sharma
Chief Engineerno data₹3.12mno data
Vijay Namjoshi
Chief of Generationno datano datano data
Sanjay Banga
President of Renewablesno datano datano data
3.4yrs
Average Tenure
60yo
Average Age

Experienced Management: 500400's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Praveer Sinha
CEO, MD & Director8.1yrs₹136.45mno data
Ashok Sinha
Independent Non-Executive Director7.1yrs₹12.39mno data
Nishi Vasudeva
Independent Non- Executive Directorless than a yearno datano data
Natarajan Chandrasekaran
Non-Independent Non-Executive Chairman9.3yrs₹210.00kno data
Anjali Bansal
Independent Non-Executive Director9.7yrs₹11.48mno data
Tarun Bajaj
Independent Non-Executive Director1.9yrs₹10.30mno data
Vibha Padalkar
Independent Non-Executive Director9.7yrs₹11.45mno data
Saurabh Agrawal
Non-Independent Non-Executive Director8.6yrs₹270.00kno data
Sanjay Bhandarkar
Independent Non-Executive Director9.7yrs₹12.54mno data
Deepak Kapoor
Independent Non-Executive Directorno datano datano data
Rajiv Mehrishi
Independent Non-Executive Director3.7yrs₹10.42mno data
Pramod Agarwal
Independent Non-Executive Director1.2yrs₹10.30mno data
7.6yrs
Average Tenure
63.5yo
Average Age

Experienced Board: 500400's board of directors are considered experienced (7.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 14:23
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Tata Power Company Limited is covered by 48 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh Majumdar360 ONE Capital Market Private Limited
Satyadeep JainAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited