Tata Power Share Price: Today we are going to talk about Tata Power Stock Price Target and also know how this company works in Renewable Energy and Electricity Making. Tata Power Company Limited does many works which come under the Energy Sector.
Tata Power is famous all over India for its power supply and transmission charges. It operates in many sectors such as Power Generation, Energy Sector, Transmission and Distribution and does business in many other sectors.
Tata Power Ltd Company Overview
Tata Power Company Limited generates most of its power from its own hydropower plants and thermal power plants, which they have installed themselves. Either they have taken it on lease from someone, or Tata Power also uses Ancillary Services for itself. If you do not know about Ancillary Services, then it does not matter, we will also tell you about Ancillary Services here.
| Company Name | Tata Power Company Ltd. |
| Founded | 1911 |
| Headquarters | Mumbai, Maharashtra |
| Industry | Manufacturing Hand Tools |
| Founder | Electricity generation & utility |
| CEO | Praveer Sinha |
| Stock Exchange Listing | NSE & BSE |
| Official Website | tatapower.com |
What is The Meaning of Ancillary Service?
Power generation companies like Tata Power Company Limited use Ancillary Service for their company which is very important. Ancillary Services mostly include services like Load balancers, Voltage Regulation Filter control, etc. To provide these services, it makes a contract with a power generating company and provides these services to those companies.
What is Load Balancer, Voltage Regulation and Flicker Control
As you all know Tata Power uses these services for some reasons and it is also necessary in the power sector,
- Load Balancing: In this, the power generation is appropriately balanced according to the demand of the customers. Under this service, the generation is adjusted to determine the various demands of the consumers.
- Voltage Regulation: In this service, electricity is maintained so that the quality of voltage remains stable and there is no imbalance in the prevailing levels of the grid.
- Flicker Control: This service controls the fluctuations of voltage so that customers can experience continuity and stability.
Tata Power also generates electricity from the Renewable Energy sector and also distributes it. Tata Power is also famous for its distribution network. Tata Power was established in 1919, its market capitalization today is 1.41 trillion INR, and its current CEO is Praveer Sinha.
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Tata Power Ltd Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹1,38,230.39 Cr. |
| ROE | 15.13 % |
| ROCE | 13.46% |
| P/E | 44.32 |
| P/B | 8.15 |
| Industry P/E | 25.88 |
| Debt to Equity | 1.73 |
| Div. Yield | 0.46% |
| Book Value | ₹53.09 |
| Face Value | ₹1 |
| EPS (TTM) | ₹9.76 |
| 52 Week High | ₹494.85 |
| 52 Week Low | ₹251.40 |
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Tata Power Ltd Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 614.49B | +11.50% |
| Operating expense | 116.44B | +8.95% |
| Net income | 36.96B | +10.78% |
| Net profit margin | 6.02% | -0.50% |
| Earnings per share | 10.92 | +4.71 |
| EBITDA | 106.01B | +35.39% |
| Effective tax rate | 25.33% | – |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 106.11B | -15.03% |
| Total assets | 1.40T | +8.73% |
| Total liabilities | 1.01T | +8.17% |
| Total equity | 390.49B | – |
| Shares outstanding | 3.20B | – |
| Price to book | 4.18 | – |
| Return on assets | 3.29% | – |
| Return on Capital | 4.83% | – |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 36.96B | +10.78% |
| Cash from operations | 125.96B | +75.79% |
| Cash from investing | -90.35B | -22.39% |
| Cash from financing | -44.97B | -435.44% |
| Net change in cash | -9.28B | -174.68% |
| Free cash flow | -40.85B | -37.95% |
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Tata Power Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Tata Power Share Price Target 2024 | ₹500 |
| Tata Power Share Price Target 2025 | ₹590 |
| Tata Power Share Price Target 2026 | ₹670 |
| Tata Power Share Price Target 2027 | ₹770 |
| Tata Power Share Price Target 2028 | ₹880 |
| Tata Power Share Price Target 2029 | ₹1010 |
| Tata Power Share Price Target 2030 | ₹1160 |
Tata Power Ltd Shareholding Pattern
- Retail & Other: 27.03%
- Promoters: 46.86%
- Foreign Institution: 9.17%
- Mutual Funds: 9.13%
- Other Domestic Institution: 7.82%
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Tata Power Ltd Limited Competitors
- NTPC
- Power Grid Corp
- Adani Green Energy
- Adani Power
- JSW Energy
- Adani Energy Solutions
- NHPC
- Torrent Power
- SJVN
- NLC India
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Historical Performance of Tata Power Share Price
Tata Power is a company that can give very good profits in the coming time.
- Between 2015 and 2017, Tata Power’s share went from ₹60 to ₹80.
- Between 2018 and 2020, during the time of COVID-19, Tata’s share increased very quickly.
- Between 2021 and 2023, Tata increased its investment in renewable energy works, due to which they got support from the government policy and growth was also seen in their share price, at that time the share price had gone from ₹ 100 to ₹ 300.
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Conclusion
Today through this article we learned about Tata Power’s share price target. Also, we did a detailed analysis about how it will work in the future, and show it works in renewable energy. Tata Power is emerging as a big name in the power generation sector. Let us tell you that Tata Power is going to open more than 5000 charging stations across the country, which is a huge achievement in the energy sector.
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FAQs
-
Is Tata Power good for long term?
Yes.
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Is Tata Power a good share to buy?
Yes.
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Can Tata Power be a multibagger?
Yes.
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Is Tata Power profitable?
Yes.
Disclaimer: The information given in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company
