Tata power share price
Introduction:
This article provides a thorough analysis of Tata Power's share price, examines its historical performance and highlights key factors that have influenced its valuation. Tata Power, a prominent player in the Indian energy sector, has garnered significant attention from investors. By discussing the dynamics surrounding the company and its stock, we aim to provide readers with valuable insights to support informed investment decisions. Tata Power Company (TTPW) is a renowned company in the power sector, making significant contributions in power generation, transmission, distribution and renewable energy solutions. This article provides a comprehensive analysis of Tata Power Company, examining its financial performance, business strategy and future prospects.Tata Power Performance
Key Metrics
TTM PE Ratio PB Ratio Dividend Yield Sector PE Sector PB Sector Div Yld
20.89 2.04 0.92% 17.92 2.20 2.39%
Tata Power Technical
EMA & SMA
EMA SMA
- 20 Day ₹219.11 20 Day ₹220.55
- 50 Day ₹213.73 50 Day ₹211.42
- 100 Day ₹210.96 100 Day ₹206.36
- 200 Day ₹211.54 200 Day ₹212.69
Company profile
Tata Power Company Limited is an integrated power company engaged in generation, transmission, distribution and trading of electricity. It is involved in coal mining and trading.Financial performance and stability:
Tata Power Company has demonstrated commendable financial performance, reflecting its strong market presence and strong operational capabilities. In the last financial year, the company has demonstrated steady revenue growth, a testament to its viable business model and successful implementation of strategic initiatives. Additionally, TTPW has maintained a healthy balance sheet, demonstrating resilience in a dynamic market environment.Tata Power Financials
Indicator |
Mar 2023 |
Dec 2022 |
Sep 2022 |
Jun 2022 |
Oper Rev
Qtr Cr |
3,051 |
5,296 |
4,552 |
4,829 |
Operating
Expenses Qtr Cr |
2,654 |
4,385 |
4,356 |
4,721 |
Operating
Profit Qtr Cr |
396 |
911 |
196 |
108 |
Depreciation
Qtr Cr |
302 |
289 |
286 |
291 |
Interest
Qtr Cr |
569 |
539 |
556 |
563 |
Tax Qtr
Cr |
10 |
509 |
328 |
-4 |
Net
Profit Qtr Cr |
142 |
1,504 |
1,200 |
421 |
Indicator |
Mar 2023 |
Mar 2022 |
Total
Revenue Annual Cr |
21,813 |
14,095 |
Operating
Expenses Annual Cr |
16,116 |
9,561 |
Operating
Profit Annual in Cr |
1,611 |
1,547 |
Depreciation
Cr |
1,167 |
1,134 |
Interest Annual Cr |
2,227 |
2,189 |
Tax Annual Cr |
843 |
-493 |
Net
Profit Annual Cr |
3,268 |
2,783 |
Indicator |
Mar 2023 |
Mar 2022 |
Total
ShareHolders Funds Annual Cr |
13,700 |
10,880 |
Fixed
Assets Annual Cr |
24,995 |
24,711 |
Total Non
Current Assets Annual Cr |
40,073 |
38,731 |
Total
Current Assets Annual Cr |
8,099 |
8,422 |
Total
Assets Annual Cr |
48,173 |
47,153 |
Indicator |
Mar 2023 |
Mar 2022 |
Cash from
Operating Activity Annual Cr |
500 |
1,684 |
Cash from
Investing Activity Annual Cr |
5,124 |
1,587 |
Cash from
Financing Annual Activity Cr |
-5,350 |
-3,635 |
Net Cash
Flow Annual Cr |
274 |
-364 |
Indicator |
Mar 2023 |
Mar 2022 |
Book
Value Per Share Annual Rs |
43 |
34 |
ROE
Annual % |
24 |
26 |
ROCE
Annual % |
15 |
10 |
Total
Debt to Total Equity Annual |
- |
- |
EBDIT
Annual Margin % |
32 |
41 |
TTPW boasts of a diversified portfolio of power generation assets comprising thermal, hydro, solar and wind power plants. This diverse energy mix ensures a balanced approach to meet India's growing energy needs. Furthermore, the company has strategically expanded its operations by venturing into renewable energy solutions, aiming to capitalize on clean and sustainable energy sources globally.
Renewable Energy Initiatives:
Recognizing the importance of renewable energy, Tata Power Company has invested heavily in this sector. TTPW has developed a significant portfolio of renewable energy projects including solar and wind farms. Using its expertise and technology, the company has succeeded in launching several large-scale renewable energy projects across the country. This strategic focus on renewable energy sources positions TTPW favorably in the evolving energy landscape.
Key Partnerships and Collaborations:
Tata Power Company has actively sought collaborations and partnerships to enhance its operational capabilities and technological capabilities. Through strategic alliances with domestic and international companies, TTPW has gained access to advanced technologies and best practices in the energy sector. These partnerships have facilitated the development of innovative solutions, ensuring sustainable growth and competitiveness.Future Prospects and Expansion Plans:
As the global energy sector shifts towards sustainable practices, Tata Power Company is well positioned to capitalize on this paradigm shift. The company aims to further expand its renewable energy portfolio in line with the ambitious renewable energy targets of the Government of India. Additionally, TTPW continues to explore international expansion opportunities by considering strategic investments in high-growth markets.Tata Power Resistance and Support
PIVOT
Resistance |
|
First Resistance |
₹223.29 |
Second Resistance |
₹224.72 |
Third Resistance |
₹226.94 |
RSI | 58.93 |
MFI | 52.5 |
MACD Single Line | 3.23 |
MACD | 2.36 |
Support |
|
First Resistance |
₹219.64 |
Second Resistance |
₹217.42 |
Third Resistance |
₹215.99 |
Like any business, Tata Power Company faces certain risks, including regulatory changes, market volatility, and geopolitical uncertainty. To mitigate these risks, TTPW maintains a comprehensive risk management framework, including diligent monitoring, diversification and contingency planning. By being agile and proactive, companies minimize potential adverse impacts and ensure long-term sustainability.
Tata
Power Delivery and Volume
Period |
NSE + BSE Volume Avg |
NSE + BSE Delivery Volume Avg |
NSE + BSE Delivery Volume % |
Day |
11,125,435 |
633,704,778 |
56.96 |
Week |
7,569,752 |
370,539,373 |
48.95 |
1 Month |
9,723,970 |
427,562,942 |
43.97 |
6 Month |
9,001,867 |
382,759,371 |
42.52 |
Tata Power results highlights
Tata Power Company Ltd announced Q4FY23 quarterly and FY23 annual results.Consolidated Q4FY23: Higher sales and renewables EBITDA across distribution companies up 38% to Rs 3,101 crore vs Rs 12,755 crore in Q4FY22 vs Rs 12,085 crore in Q4FY22 Revenue up 6% on Mundra reporting under-recovery, capacity additions in renewables and execution of solar EPC projects PAT up 48% at Rs 939 crore vs Rs 632 crore in Q4FY22 Reported 14th quarter of PAT growth supported by strong performance across businesses
Revenue rose 6% to Rs 12,755 crore vs Rs 12,085 crore in Q4FY22 due to higher sales in distribution companies and increased capacity in renewable energy.
EBITDA grew by 38% to Rs 3,101 crore vs Rs 2,253 crore in Q4FY22 due to lower recoveries at Mundra, increased capacity in renewable energy and execution of solar EPC projects.