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Utilities

Tata Power Co., Ltd.

  • 86.90 INR
  • +1.05
  • +1.22%
  • India
    Apr 20, 2018
  • Ticker
    BOM(500400)
  • Prev. close
    85.85
  • Market cap (INR)
    232,204.81M
  • Market cap (USD)
    3,516.32M
  • Shares
    2,704.77M

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 comprises of generation, transmission, distribution and trading of power, and related activities. The Others segment consists of 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 2017 INRUSD
Revenue276,826.60M4,128.22M
Gross Profit43,913.90M654.87M
Operating income38,253.80M570.46M
Income before tax-3,145.50M-46.90M
Net income7,454.80M111.17M
EBITDA58,312.80M869.59M
Diluted EPS2.340.03
Dividends Per Share1.300.01
Total Assets872,681.20M13,439.30M
Total liabilities703,132.10M10,828.24M
Total equity132,795.10M2,045.04M
Operating cash flow43,019.30M641.53M
Currency in INRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 327,870.50M 354,643.30M 337,908.10M 293,210.60M 276,826.60M
Gross Profit 61,118M 68,190.80M 64,704M 62,128.50M 43,913.90M
Operating income 44,207.60M 48,483M 43,321.10M 54,392.50M 38,253.80M
Income before tax 12,766.80M 9,750.70M 14,837.40M 12,807.10M -3,145.50M
Net income -924.30M -2,689.70M 1,578.30M 6,622M 7,454.80M
EBITDA 64,724.50M 75,779.20M 65,063.20M 71,071.40M 58,312.80M
Diluted EPS -1.18 -1.55 0.17 2.03 2.34
Dividends Per Share 1.10 1.25 1.30 1.30 1.30
Total Assets 672,814.50M 713,983M 791,948.80M 739,542M 872,681.20M
Total liabilities 513,810.20M 552,238.80M 608,833.60M 572,412.80M 703,132.10M
Total equity 122,385.20M 122,106.20M 146,653.20M 131,334.20M 132,795.10M
Operating cash flow 4,692.30M 31,120.90M 25,755.90M 46,253.20M 43,019.30M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 6,024.21M 5,868.25M 5,526.48M 4,478.49M 4,128.22M
Gross Profit 1,122.96M 1,128.34M 1,058.23M 948.94M 654.87M
Operating income 812.25M 802.24M 708.51M 830.78M 570.46M
Income before tax 234.57M 161.34M 242.66M 195.61M -46.90M
Net income -16.98M -44.50M 25.81M 101.14M 111.17M
EBITDA 1,189.23M 1,253.91M 1,064.10M 1,085.54M 869.59M
Diluted EPS -0.02 -0.02 0.00 0.03 0.03
Dividends Per Share 0.02 0.02 0.02 0.01 0.01
Total Assets 12,379.29M 11,955.00M 12,654.72M 11,167.53M 13,439.30M
Total liabilities 9,453.73M 9,246.74M 9,728.69M 8,643.78M 10,828.24M
Total equity 2,251.79M 2,044.55M 2,343.40M 1,983.22M 2,045.04M
Operating cash flow 86.21M 514.95M 421.23M 706.47M 641.53M

Valuation Measures

Mar 2017
PER38.67
ROA0.92%
ROE5.64%
Operating margin13.81%
Profit margin2.69%

Key executives

  • Chief Executive Officer, Executive Director & MD: Anil Kumar Sardana
  • Chief Operating Officer & Executive Director: Ashok Satyapal Sethi
  • Chief Financial Officer & Co-Compliance Officer: Ramesh Narayanswamy Subramanyam
  • Secretary & Co-Compliance Officer: Hanoz M. Mistry
  • Chief-Internal Audit & Risk Management: Parashuram Ganesh Date

Shareholders

  • Tata Sons Ltd. (31.2%)
  • Life Insurance Corp. of India (12.0%)
  • First State Investment Management (UK) Ltd. (6.5%)
  • Matthews International Capital Management LLC (6.4%)
  • ICICI Prudential Asset Management Co. Ltd. (2.9%)
  • General Insurance Corp. of India (Invt Port) (2.5%)
  • The New India Assurance Co. Ltd. (Investment Portfolio) (2.4%)
  • Tata Steel Ltd. (1.4%)
  • The Vanguard Group, Inc. (1.2%)
  • BlackRock Fund Advisors (1.2%)

Contact Details

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

Related Companies

  • Tata Power Co. Ltd. /Defense Business/
  • Tata Power International Pte Ltd.
  • Nelco Ltd. /Unattended Ground Sensors Business/
  • 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.
  • PT Sumber Energi Andalan Tbk
  • 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

  • Reliance Power Limited
  • Azure Power Global Ltd.
Last Updated on 20 Apr, 2018

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