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Utilities

Tata Power Co., Ltd.

  • 68.85 INR
  • +0.10
  • +0.15%
  • India
    Aug 14, 2018
  • Ticker
    BOM(500400)
  • Prev. close
    68.75
  • Market cap (INR)
    185,953.18M
  • Market cap (USD)
    2,661.22M
  • 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 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 2018 INRUSD
Revenue292,422.60M4,536.07M
Gross Profit46,675.60M724.03M
Operating income40,344.40M625.82M
Income before tax13,612.50M211.15M
Net income25,483M395.29M
EBITDA64,327.10M997.84M
Diluted EPS8.730.13
Dividends Per Share1.300.02
Total Assets901,453.70M13,821.37M
Total liabilities695,861.80M10,669.17M
Total equity167,602.40M2,569.73M
Operating cash flow28,824.30M447.12M
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 354,643.30M 337,908.10M 293,210.60M 275,018.60M 292,422.60M
Gross Profit 68,190.80M 64,704M 61,565.70M 45,980.20M 46,675.60M
Operating income 48,483M 43,321.10M 53,880.30M 40,669.70M 40,344.40M
Income before tax 9,750.70M 14,837.40M 12,807.10M 2,212.60M 13,612.50M
Net income -2,689.70M 1,578.30M 6,622M 8,935.10M 25,483M
EBITDA 75,779.20M 65,063.20M 70,559.20M 60,394.60M 64,327.10M
Diluted EPS -1.55 0.17 2.03 2.90 8.73
Dividends Per Share 1.25 1.30 1.30 1.30 1.30
Total Assets 713,983M 791,948.80M 739,542M 880,525.60M 901,453.70M
Total liabilities 552,238.80M 608,833.60M 572,412.80M 696,625.70M 695,861.80M
Total equity 122,106.20M 146,653.20M 131,334.20M 147,145.90M 167,602.40M
Operating cash flow 31,120.90M 25,755.90M 46,253.20M 43,644.90M 28,824.30M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 5,868.25M 5,526.48M 4,478.49M 4,101.26M 4,536.07M
Gross Profit 1,128.34M 1,058.23M 940.35M 685.68M 724.03M
Operating income 802.24M 708.51M 822.96M 606.49M 625.82M
Income before tax 161.34M 242.66M 195.61M 32.99M 211.15M
Net income -44.50M 25.81M 101.14M 133.24M 395.29M
EBITDA 1,253.91M 1,064.10M 1,077.71M 900.64M 997.84M
Diluted EPS -0.02 0.00 0.03 0.04 0.13
Dividends Per Share 0.02 0.02 0.01 0.01 0.02
Total Assets 11,955.00M 12,654.72M 11,167.53M 13,560.10M 13,821.37M
Total liabilities 9,246.74M 9,728.69M 8,643.78M 10,728.04M 10,669.17M
Total equity 2,044.55M 2,343.40M 1,983.22M 2,266.04M 2,569.73M
Operating cash flow 514.95M 421.23M 706.47M 650.86M 447.12M

Valuation Measures

Mar 2018
PER9.08
ROA2.86%
ROE16.19%
Operating margin13.79%
Profit margin8.71%

Key executives

  • Chief Executive Officer, Director & MD: Praveer Sinha
  • Chief Operating Officer & Executive Director: Ashok Satyapal Sethi
  • Chief Financial Officer & Co-Compliance Officer: Ramesh Narayanswamy Subramanyam
  • Secretary & Co-Compliance Officer: Hanoz M. Mistry
  • Non-Executive Director: Surendra Kumar A. Banmali

Shareholders

  • Tata Sons Ltd. (31.2%)
  • Life Insurance Corp. of India (12.0%)
  • Matthews International Capital Management LLC (7.0%)
  • First State Investment Management (UK) Ltd. (6.8%)
  • ICICI Prudential Asset Management Co. Ltd. (4.7%)
  • 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. (1.3%)
  • BlackRock Fund Advisors (1.1%)

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 14 Aug, 2018

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