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Utilities

Tata Power Co., Ltd.

Company Background

Tata Power is India's largest private-sector power company. As for electricity generation, it operates thermal, hydro, wind and solar photovoltaic power plants. It also handles transmission and distribution. It is a core company of the Tata Group, one of India's three major conglomerates. Tata Sons, the group's holding company, holds a 30% stake and is the largest shareholder.

Electric power, along with steel-making, is a business that Jamsetji Nusserwanji Tata, who founded the Tata Group in 1868, long aspired to develop. According to his wishes, the group established three electric power-related companies in the 1910s. In 1915, the group's first hydroelectric power plant began operating. The three companies were more or less run as a single entity until being formally integrated in 2000 to create the present Tata Power.

The chairman of Tata Power, Cyrus Mistry, also heads Tata Group. The company also has operations in Africa and Southeast Asia.

Business Summary

Tata Power Co., Ltd. engages in the provision of power supply and transmission charges. It operates through Power, and Others segments. The Power segment is comprised of generation, transmission, distribution and trading of power, and related activities. The Others segment encompasses the defence electronics, solar equipment, project contracts or infrastructure management services, investment, and property development. The company was founded on September 18, 1919 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2020 INRUSD
Revenue291,363.70M4,109.15M
Gross Profit76,520.40M1,079.18M
Operating income53,092.60M748.77M
Income before tax23,681.60M333.98M
Net income14,276.10M201.33M
EBITDA79,428.20M1,120.19M
Diluted EPS3.120.04
Dividends Per Share----
Total Assets897,481.50M11,863.40M
Total liabilities693,500.90M9,167.07M
Total equity180,660.20M2,388.06M
Operating cash flow55,716M785.77M
Currency in INRCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 293,210.60M 275,018.60M 268,032.40M 295,358.90M 291,363.70M
Gross Profit 61,565.70M 45,980.20M 46,858.80M 48,043.40M 76,520.40M
Operating income 53,880.30M 40,669.70M 40,542.60M 42,058.70M 53,092.60M
Income before tax 12,807.10M 2,212.60M 12,906.50M 19,353.20M 23,681.60M
Net income 6,622M 8,935.10M 24,800.40M 23,167.80M 14,276.10M
EBITDA 70,559.20M 60,394.60M 64,006M 66,094.80M 79,428.20M
Diluted EPS 2.03 2.90 8.48 7.68 3.12
Dividends Per Share 1.30 1.30 1.30 1.30 --
Total Assets 739,542M 880,525.60M 884,180.60M 897,672.90M 897,481.50M
Total liabilities 572,412.80M 696,625.70M 699,918.20M 693,623.50M 693,500.90M
Total equity 131,334.20M 147,145.90M 163,999.20M 182,212M 180,660.20M
Operating cash flow 46,253.20M 43,644.90M 28,824.30M 9,348.80M 55,716M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 4,478.49M 4,101.26M 4,157.72M 4,222.86M 4,109.15M
Gross Profit 940.35M 685.68M 726.87M 686.89M 1,079.18M
Operating income 822.96M 606.49M 628.89M 601.33M 748.77M
Income before tax 195.61M 32.99M 200.20M 276.70M 333.98M
Net income 101.14M 133.24M 384.70M 331.23M 201.33M
EBITDA 1,077.71M 900.64M 992.86M 944.98M 1,120.19M
Diluted EPS 0.03 0.04 0.13 0.10 0.04
Dividends Per Share 0.01 0.01 0.02 0.01 --
Total Assets 11,167.53M 13,560.10M 13,556.54M 12,958.10M 11,863.40M
Total liabilities 8,643.78M 10,728.04M 10,731.37M 10,012.60M 9,167.07M
Total equity 1,983.22M 2,266.04M 2,514.48M 2,630.27M 2,388.06M
Operating cash flow 706.47M 650.86M 447.12M 133.66M 785.77M

Valuation Measures

Mar 2020
PER10.52
ROA1.59%
ROE7.86%
Operating margin18.22%
Profit margin4.89%

Key executives

  • Chief Executive Officer, Director & MD: Praveer Sinha
  • Chief Financial Officer & Co-Compliance Officer: Ramesh Narayanswamy Subramanyam
  • Finance Controller & Chief-Subsidiaries Finance: Anand Agarwal
  • Secretary & Co-Compliance Officer: Hanoz M. Mistry
  • Non-Executive Director: Surendra Kumar A. Banmali

Shareholders

  • Tata Sons Pvt Ltd. (34.5%)
  • ICICI Prudential Asset Management Co. Ltd. (9.3%)
  • Matthews International Capital Management LLC (7.3%)
  • Life Insurance Corp of India (6.1%)
  • First State Investment Management (UK) Ltd. (2.7%)
  • The New India Assurance Co. Ltd. (Investment Portfolio) (1.9%)
  • Nippon Life India Asset Management Ltd. (Invt Mgmt) (1.8%)
  • General Insurance Corp. of India (Invt Port) (1.7%)
  • Tata Steel Ltd. (1.4%)
  • Franklin Templeton Asset Management (India) Pvt Ltd. (1.4%)

Contact Details

  • Website:http://www.tatapower.com
  • Address: Corporate Centre, 34, Sant Tukaram Road, Mumbai, 400009, India
  • Phone: +91.22.67171000

Related Companies

  • TP Central Odisha Distribution Ltd.
  • TP Ajmer Distribution Ltd.
  • Jamshedpur Power Co. Ltd.
  • Tata Power Co. Ltd. /Defense Business/
  • Tata Power International Pte Ltd.
  • Nelco Ltd. /Unattended Ground Sensors Business/
  • Tata Power Green Energy Ltd.
  • TP Power Distribution Ltd.
  • Energy Eastern Pte Ltd.
  • Tata Power Renewable Energy Ltd.
  • Khopoli Investments Ltd.
  • Trust Energy Resources Pte Ltd.
  • Bhivpuri Investments Ltd.
  • Bhira Investments Ltd.
  • Tata Power Trading Co. Ltd.
  • Coastal Gujarat Power Ltd.
  • Industrial Energy Ltd.
  • Chemical Terminal Trombay Ltd.
  • Tata Power Solar Systems Ltd.
  • Nelco Limited
  • Af-Taab Investment Co., Ltd.
  • Maithon Power Ltd

Competitors

  • Azure Power Global Ltd.
Last Updated on 1 Jul, 2020

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