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Fundamentals for The Tata Power Company Limited
Business Operations:
Sector: UtilitiesIndustry: Utilities - Independent Power Producers
The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. The company generates power from hydroelectric and thermal sources, such as coal, gas, and oil; and provides related ancillary services. It also engages in the operation of transmission and distribution networks; and sale of power to retail customers through distribution network and related ancillary services. In addition, the company offers project management contracts/infrastructure management, and property development services, as well as rents oil tanks. Further, it manufactures and sells solar cells and modules, and pumps; operates electric vehicle charging stations and coal mines; generates electricity through solar, wind, and waste heat sources; trades in power; and provides engineering, procurement, and construction, as well as logistics services. Additionally, the company offers microgrid, rooftop solar, and home automation solutions. As of March 31, 2024, it had an installed capacity of 14,707 megawatt. The company was founded in 1915 and is based in Mumbai, India.
Revenue projections:
With TATAPOWER's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 0.806000 |
|---|---|
| forwardPE | 22.820362 |
| debtToEquity | 168.051000 |
| earningsGrowth | -0.046000 |
| revenueGrowth | -0.128000 |
| grossMargins | 0.362710 |
| operatingMargins | 0.115550 |
| trailingEps | 11.710000 |
| forwardEps | 17.043990 |
TATAPOWER's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
TATAPOWER's elevated debt-to-equity ratio reflects substantial leverage, meaning the company relies heavily on borrowed funds. This could increase financial risk, particularly in times of economic uncertainty or if the company's profitability declines.
The Tata Power Company Limited's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
TATAPOWER's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.
TATAPOWER's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that TATAPOWER is likely to outperform its previous year's financial performance.
Price projections:
The price of TATAPOWER has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
The analysts' recent buy bias for The Tata Power Company Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view The Tata Power Company Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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