Tata Power Share Price Target 2023, 2024, 2025, 2026, 2028, 2030, 2040 and 2050

Today in this article we will discuss in detail Tata Power Share Price Target 2025, 2026, 2028, 2030, 2040 and 2050. Before setting the share price target of the company, we will also discuss in detail the share price history, fundamental, technical indicators of the company.

Long term investors should do all the above analysis before investing their money. So that the investor can get profit in future.

What is Tata Power

Tata Power is a part of the Indian multinational business Tata Group. It is an integrated power company whose main business is Generation, Transmission and Distribution of electricity. The company has a diversified portfolio of 14,707MW of which 40% is clean energy generation. Presently the company is engaged in power generation in fields like thermal, hydro, solar, wind and liquid fuel.

Tata Power Company was established in 1911. The headquarters of the company is in Mumbai. The founder of the company is Dorabji Tata.

Tata Power Fundamental

The company is quite stable in the Indian market with Mkt Cap of Rs 144,221 Cr. The company’s ROE is 14.7% and ROCE is 12.2% which shows that the company is efficiently earning profits from its shareholders’ equity and is also making good use of its invested capital.

However, there is a loss in the profit growth of the company which may be due to strategic investment for future growth. It will be important to keep an eye on the recent trends before investing in the company. Analyze the company’s quarterly reports to see if profitability is improving.

The company’s P/E ratio is 37.27 and P/B ratio is 4.27, which may indicate that the stock is currently overvalued. The EPS (TTM) of the company is 11.57 which is good from investment point of view.

Company Name	The Tata Power Company Ltd.
Sector	Power Generation/Distribution
Established	1911
Website	https://www.tatapower.com/
Listing At	NSE, BSE
Mkt Cap	144,221 Cr.
ROE	14.7 %
ROCE	12.2 %
52 Week High	464.20
52 Week Low	216.30
P/E Ratio (TTM)	37.27
P/B Ratio	4.27
Face Value	1
Book Value Per Share	101.26
EPS (TTM)	11.57
Dividend Yield	0.46
Net Sales	21,945.75 Cr.
Sales Growth	.60%
Net Profit (Anual)	2,229.86 Cr.
Profit Growth	-31.76%

Tata Power Share Price Target 2023, 2024, 2025, 2026, 2028, 2030, 2040 और 2050

Tata Power Share Price Target 2023

Month	Minimum Target (₹)	Maximum Target (₹)
January	207	211
February	202	214
March	190	202
April	194	200
May	201	211
June	213	220
July	222	234
August	235	245
September	246	260
October	240	260
November	240	265
December	270	315

Tata Power Share Price Target 2024

Month	Minimum Target (₹)	Maximum Target (₹)
January	330	380
February	370	390
March	377	393
April	400	445
May	436	449
June	430	460
July	442	465
August	460	472
September	468	490
October	488	513
November	500	528
December	525	540

Tata Power Share Price Target 2025

Month	Minimum Target (₹)	Maximum Target (₹)
January	535	548
February	542	565
March	530	544
April	532	546
May	545	580
June	552	566
July	560	578
August	575	592
September	590	604
October	600	632
November	615	625
December	600	612

Tata Power Share Price Target 2026

Month	Minimum Target (₹)	Maximum Target (₹)
January	610	628
February	622	643
March	628	642
April	633	649
May	618	635
June	620	644
July	640	684
August	680	702
September	694	708
October	678	700
November	692	712
December	700	735

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Tata Power Share Price Target 2028

Month	Minimum Target (₹)	Maximum Target (₹)
January	832	854
February	835	850
March	842	859
April	848	888
May	867	882
June	880	922
July	920	947
August	935	982
September	953	980
October	940	955
November	942	956
December	945	962

Tata Power Share Price Target 2030

Month	Minimum Target (₹)	Maximum Target (₹)
January	1022	1040
February	1025	1035
March	1030	1072
April	1032	1058
May	1050	1094
June	1090	1124
July	1102	1132
August	1130	1158
September	1132	1168
October	1135	1144
November	1102	1124
December	1120	1180

Tata Power Share Price Target 2040

Month	Minimum Target (₹)	Maximum Target (₹)
January	1626	1652
February	1630	1644
March	1640	1682
April	1658	1685
May	1602	1650
June	1605	1024
July	1620	1662
August	1660	1698
September	1682	1690
October	1688	1722
November	1720	1755
December	1735	1750

Tata Power Share Price Target 2050

Month	Minimum Target (₹)	Maximum Target (₹)
January	2334	2354
February	2345	2358
March	2350	2362
April	2360	2382
May	2380	2405
June	2392	2424
July	2420	2462
August	2442	2478
September	2470	2504
October	2482	2498
November	2495	2552
December	2550	2610

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Tata Power Listing Date

Tata Power is listed on both the Indian market exchanges NSE and BSE. It was listed on January 3, 2000 at Rs 6.54. Its current share price is Rs 452.

Tata Power Share Price History

Before investing money in the shares of Tata Power Company, let us know about its Share Price History.

At the time of listing, one share of the company was worth Rs 6.54 and today on June 26, 2024, the shares of the company have increased to Rs 430.75. In these last 24 years, the share price of the company has increased by 6486.31%. The share price of the company has seen a growth of about 35.32% from January this year till now (10/06/2024).

Tata Power’s price performance shows that the company has seen a lot of volatility in the short term (1 week and 1 month). The company has seen a loss of 4.64% in the last one week and a loss of 3.68% in the last month. But the company has enjoyed strong profits in the long run. The stock has seen a notable growth of 29.69% year-to-date (YTD) and 97.32% in the last one year. The stock has shown a good growth of 255.70% in the last 3 years.

Tata Power Share Price Growth Chart

The progress of any company can be easily estimated from its growth chart. Analyzing the growth chart of Tata Power company shows that the company has given continuous profits to its investors since 2020. Its share price is continuously increasing and experts believe that it will give very good returns in future also. The company has given a return of 291.31% in the last 3 years, which is a very good return.

Tata Power Profit/Loss – Last 5 Years Report

Tata Power Income Report

INCOME	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
	12 mths	12 mths	12 mths	12 mths	12 mths
Revenue From Operations [Gross]	20,093.36	17,437.45	10,898.03	6,050.40	7,529.36
Revenue From Operations [Net]	20,093.36	17,437.45	10,898.03	6,050.40	7,529.36
Other Operating Revenues	0.00	290.33	209.90	130.19	197.03
Total Operating Revenues	20,093.36	17,727.78	11,107.93	6,180.59	7,726.39
Other Income	1,852.39	4,085.39	2,987.11	1,248.96	582.62
Total Revenue	21,945.75	21,813.17	14,095.04	7,429.55	8,309.01

Tata Power Expenses

Expenses	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
	12 mths	12 mths	12 mths	12 mths	12 mths
Cost of Power Purchased	0.00	1,395.16	797.64	504.30	457.59
Cost Of Fuel	0.00	12,023.79	6,569.00	2,186.38	2,765.61
Operating And Direct Expenses	0.00	260.02	258.84	258.18	214.00
Employee Benefit Expenses	794.71	746.17	737.59	649.07	610.71
Finance Costs	2,257.45	2,226.60	2,188.94	1,518.77	1,510.38
Depreciation And Amortisation Expenses	1,188.46	1,167.47	1,134.23	668.89	685.75
Other Expenses	15,398.02	1,691.26	1,197.46	765.68	756.69
Total Expenses	19,638.64	19,510.47	12,883.70	6,551.27	7,000.73

Tata Power Profit/Loss

The total revenue of the company has been continuously increasing for the last 4 years, which is very good news from the point of view of investment in the company. The maximum increase in the total revenue of the company has been seen between March 2021 and 2022. Meanwhile, the company also had the highest profit. By March 2024, the total revenue of the company is Rs 21,945.75 crore and total expenses are Rs 19,638.64 crore.

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The company had made the highest profit of Rs 3,267.90 crore in March 23, which is the highest in the last 5 years. The company has registered a profit of Rs 2,229.86 crore in March 24.

Tata Power company has been continuously giving good profits. Long term investors can earn good profits in future by investing their money.

Profit/Loss	Mar 24	Mar 23	Mar 22	Mar21	Mar 20
	12 mths	12 mths	12 mths	12mths	12 mths
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax	2,307.11	2,302.70	1,211.34	878.28	1,308.28
Exceptional Items	203.99	1,808.27	1,546.46	190.33	-957.75
Profit/Loss After Tax And Before ExtraOrdinary Items	2,229.86	3,267.90	3,250.76	967.64	558.35
Profit/Loss From Continuing Operations	2,229.86	3,267.90	3,250.76	967.64	558.35
Profit/Loss For The Period	2,229.86	3,267.90	2,782.93	921.45	148.12

Tata Power Other Additional Information

EARNINGS PER SHARE	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
	12 mths	12 mths	12 mths	12 mths	12 mths
Basic EPS (Rs.)	6.97	10.22	8.61	2.49	0.08
Diluted EPS (Rs.)	6.97	10.22	8.61	2.49	0.08
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend (Rs. Cr.)	0.00	559.18	495.28	419.24	351.99
Equity Dividend Rate (%)	200.00	200.00	175.00	155.00	155.00

Tata Power Balance Sheet – Last 5 Years Report:

EQUITIES AND LIABILITIE

SHAREHOLDER’S FUNDS	MAR 24	MAR 23	MAR 22	MAR 21	MAR 20
	12 mths	12 mths	12 mths	12 mths	12 mths
Equity Share Capital	319.56	319.56	319.56	319.56	270.50
Total Share Capital	319.56	319.56	319.56	319.56	270.50
Reserves and Surplus	15,468.10	13,380.03	10,560.24	16,559.00	13,491.47
Total Reserves and Surplus	15,468.10	13,380.03	10,560.24	16,559.00	13,491.47
Total Shareholders Funds	15,787.66	13,699.59	10,879.80	16,878.56	13,761.97
NON-CURRENT LIABILITIES
Long Term Borrowings	13,373.21	11,272.30	18,087.97	13,168.52	9,825.33
Deferred Tax Liabilities [Net]	996.19	617.29	0.00	135.36	307.25
Other Long Term Liabilities	3,739.35	3,728.83	3,325.33	377.51	412.97
Long Term Provisions	280.70	285.94	274.00	261.38	222.46
Total Non-Current Liabilities	18,389.45	15,904.36	21,687.30	13,942.77	10,768.01
CURRENT LIABILITIES
Short Term Borrowings	6,152.95	10,593.18	6,620.41	5,595.70	6,212.31
Trade Payables	4,081.38	1,985.02	4,079.89	1,137.00	1,001.87
Other Current Liabilities	6,049.69	5,972.80	3,841.41	3,789.55	4,310.30
Short Term Provisions	27.82	17.76	44.59	25.37	62.02
Total Current Liabilities	16,311.84	18,568.76	14,586.30	10,547.62	11,586.50
Total Capital And Liabilities	50,488.95	48,172.71	47,153.40	42,868.95	37,616.48

ASSETS

NON-CURRENT ASSETS	Mar ’24	Mar ’24	Mar ’24	Mar ’24	Mar ’24
	12 mths	12 mths	12 mths	12 mths	12 mths
Tangible Assets	25,340.80	23,699.59	23,708.53	8,200.75	7,974.07
Intangible Assets	0.00	22.46	37.43	55.39	62.22
Capital Work-In-Progress	0.00	1,272.56	965.15	285.45	402.87
Other Assets	0.00	0.00	0.00	0.00	0.00
Fixed Assets	25,340.80	24,994.61	24,711.11	8,541.59	8,439.16
Non-Current Investments	13,013.80	12,064.55	10,711.38	26,128.40	21,327.20
Deferred Tax Assets [Net]	0.00	0.00	250.00	0.00	0.00
Long Term Loans Advances	4.25	2.68	453.17	490.18	42.10
Other Non-Current Assets	3,952.76	3,011.41	2,605.66	2,463.95	1,920.44
Total Non-Current Assets	42,311.61	40,073.25	38,731.32	37,624.12	31,728.90
CURRENT ASSETS
Current Investments	392.40	64.17	67.60	240.01	20.00
Inventories	2,119.53	2,457.95	2,292.33	632.94	635.01
Trade Receivables	1,582.37	2,020.90	1,085.51	910.87	1,108.68
Cash And Cash Equivalents	618.59	295.92	78.55	142.67	178.94
Short Term Loans Advances	0.00	0.00	1,328.48	1,523.89	550.09
Other Current Assets	3,464.45	3,260.52	3,569.61	1,794.45	3,394.86
Total Current Assets	8,177.34	8,099.46	8,422.08	5,244.83	5,887.58
Total Assets	50,488.95	48,172.71	47,153.40	42,868.95	37,616.48

OTHER ADDITIONAL INFORMATION

OTHER ADDITIONAL INFORMATION	Mar’24	Mar ’24	Mar ’24	Mar ’24	Mar ’24
	12mths	12mths	12mths	12mths	12mths
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities	0.00	7,610.04	4,975.32	17,904.26	17,148.46
BONUS DETAILS
Bonus Equity Share Capital	—	1.13	1.13	1.13	1.13
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value	—	1,472.21	3,089.45	236.28	161.01
Non-Current Investments Unquoted Book Value	—	11,423.86	10,091.00	26,090.45	21,304.86
CURRENT INVESTMENTS
Current Investments Quoted Market Value	—	—	—	—	—
Current Investments Unquoted Book Value	—	64.17	67.60	240.01	20.00

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Tata Power Quarterly Report

	Mar 24	Dec 23	Sep 23	Jun 23
Sales +	4,961	4,926	5,014	5,192
Expenses +	4,206	4,029	3,994	4,149
EBITDA	1459	1366	1255	1673
EBIT	1304	1219	1049	1196
Net Profit	846	527	410	446
Profit Before Tax	765	685	462	599
Operating Profit Margin	15%	18%	20%	20%
Net Profit Margin	17.06%	10.70%	8.18%	8.60%
Earning Per Share	2.65	1.65	1.28	1.40
Depreciation	328	284	287	290
Dividends Per Share	0.00	0.00	0.00	0.00

Tata Power Share Price Target: Export Opinion

How to Buy Tata Power Share

In India, there are two exchanges (NSE, BSE) for buying and selling shares of a company. Shares of companies registered on NSE and BSE are bought and sold through Indian brokers. These brokers are registered by SEBI so that there is no possibility of any kind of fraud. Names of some Indian brokers are being mentioned –

• Zerodha
• Groww
• Angel One
• Upstox

Tata Power Shareholding Pattern

Before investing in Tata Power, let us know what is the percentage of shares of the company in which departments. Generally, the Promoter Share Holding percentage of any company should be between 50%-75%. Promoter share of Tata Power in March 2024 is 46.86%.

Promoter	46.86%
Other Domestic Institutions	10.19%
Retail and Others	27.91%
Foreign Institutions	9.45%
Mutual Funds	5.59%
Total	100.00

Tata Power Latest News

1. Tata Power’s subsidiary Tata Power Renewable Energy (TPREL) has installed over 850 charging points at over 30 bus depots in cities like Delhi, Mumbai, Ahmedabad, Bengaluru, Jammu, Srinagar, Dharwad, Lucknow and Goa. The capacity of these charging points is 180 to 240 KW with an average charging time of 1 to 1:30 hours.

2. Analysts at ICICI Securities said that Tata Power has made the first move into the electric vehicle charging market in the stock market, hence they have given ‘Buy’ rating to Tata Power with a target price of Rs 490 per share.

3. The main business of Tata Power company is on electricity related works. On May 30, 2024, there was a news related to smart meter. Under this news, 250 million smart meters are to be installed in India by 2025 in place of traditional meters.

4. Rupesh Sankhe, senior research analyst at Elara Capital, said, “Only 1.5 crore meters have been installed so far. Therefore, there is a lot of opportunity for power companies. Companies like Tata Power, Genus Power and HPL Electric & Power launched smart meters last year. Orders have been received to implement the meter. It can be expected from this news that the share price of the company will increase in future.

Strengths

• Mkt Cap of Tata Power Company is Rs 144,221 Cr. Which is a very good sign from investment point of view.
• The ROA of the company has improved in the last 2 years due to which the profits are increasing. An improvement in a company’s ROA is a positive sign indicating that the company management is efficient and able to reduce costs.
• The cash flow from operations of the company has improved over the last 2 years and the company has given a return of 257.93% in the last three solos. This means that the company is able to generate cash flow on its own which demonstrates its strong position.
• The company has also improved its annual net profit in the last few years, which indicates improvement in the company’s financial position and premium, which seems to be giving good profits from investment point of view.
• The ROE of the company is 11.42% and ROCE is 11.3% from which it can be expected that the company will give good profits in future.
• The book value per share of the company has improved in the last 2 years, which means that the price per share of the company is continuously increasing.

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Risks

• The company’s return on equity over the last three years has been 11.3%.
• The company’s Debt to Equity Ratio being 1.5 is a matter of concern for investors.
• Due to reduced cash flow, the company may not have cash available to invest in new growth opportunities.
• The company is displaying increasing debt and declining net cash flow, potentially indicating a risky financial position.
• The company’s stock is trading at 4.42 times its book value. This means that the company’s stock is overvalued, which may also indicate that the stock price may fall in the future.

Points to Consider Before Investing

• Mkt Cap: Mkt Cap of Tata Power is Rs144,221 Cr.
• The company is working on fields like thermal, hydro, solar, wind and liquid fuel for power generation on its new project.
• Company receiving orders for smart meters in India.
• Debt to Equity: Before investing, the Debt to Equity ratio of the company should be known.
• ROE and ROCE: The ROE of the company is 11.42% and ROCE is 11.3%, it is very important to analyze these ratios before investment.
• P/E Ratio: P/E Ratio of Tata Power company is 37.27% and Sector PE is 23.70%.

At present the company is continuously working on fields like thermal, hydro, solar, wind and liquid fuel for power generation. After analyzing all these aspects, it is expected that its share price will increase in future.

Competitors of Tata Power

• NTPC
• Power Grid Corp
• Adani Power
• Tata Power
• JSW Energy
• Adani Energy
• NHPC
• SJVN

Similar Stocks

Company Name	Mkt Cap (Rs. Cr.)	Profit (1Year)	52W L	52W H
NTPC Ltd.	349,661	95.16%	171.85	393.20
Adani Power Ltd.	295,846	189.43%	231.00	895.85
Power Grid Corporation of India Ltd.	287,714	75.67%	348.70	172.50
Adani Energy Solutions Ltd.	113,785	31.59%	686.00	1,250.00
JSW Energy Ltd.	109,401	164.69%	249.00	663.80

Profitable Stocks

Company Name	Mkt cap(Cr.)	Profit (1Year)	52W L	52W H
Mahindra and Mahindra Ltd.	355,332	103.17%	1,237.45	2,867.60
Wipro Ltd.	253,353	20.30%	375.05	545.90
Infosys Ltd.	636,734	18.98%	1,262.25	1,733.00
Heritage Foods Ltd.	6,136	211.03%	202.65	661.25
Jubilant Foodworks Ltd.	34,212	5.16%	421.05	586.95

Conclusion

From Tata Power company’s market capital, per year profit, balance sheet, fundamental analysis and shareholding pattern of the company, it can be estimated that the company can give very good returns in the future.

Tata Power is a large and established company which maintains its strong position in India’s growing energy market. The company expects good profits in future from smart meter layout. Along with all these figures, investors should also consider the debt level and valuation of the company. At present the company is moving towards growth. Can give good profits to investors in future.

Disclaimer – Please note that we are not SEBI-registered advisors. Our post is for educational purposes only. Therefore, before investing in any share, take advice from a SEBI certified expert. If you invest, you yourself will be responsible for your profit and loss, not us.

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