Tata Power Company Limited has informed the Exchange about Transcript
TATAPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tata Power reported strong FY26 results with full-year PAT crossing INR5,000 crores for the first time, while EBITDA rose 11% to INR16,090 crores. Q4 showed EBITDA of INR4,216 crores (up 10%) and PAT of INR1,416 crores (up 8%). Key growth drivers include solar manufacturing delivering PAT of INR857 crores (more than double), rooftop solar doubling installations with INR499 crores PAT, and Odisha DISCOM achieving INR809 crores PAT vs INR439 crores last year. The company has 5 GW of renewable projects under implementation, targeting 2.5 GW capacity addition in FY27 with INR25,000 crores capex. Mundra plant SPPA concluded with Gujarat and advanced stage with other 4 states. Debt stands at INR56,000 crores with net debt/EBITDA at 3.3 and net debt/equity at 1.2.
Strong earnings beat across segments with visible margin expansion signals operational efficiency gains. The disclosed multi-year capex plan and project pipeline of 5 GW provides revenue visibility for the next 2-3 years, though investors should monitor Mundra resolution timeline and transmission bottlenecks.