Tata Power Co Ltd (NSE:TATAPOWER)
₹ 376.15 -2.4 (-0.63%) Market Cap: 1.20 Tn Enterprise Value: 2.02 Tn PE Ratio: 32.11 PB Ratio: 3.05 GF Score: 80/100

Q2 2026 Tata Power Company Ltd Earnings Call Transcript

Nov 11, 2025 / 12:30 PM GMT
Release Date Price: ₹395.6 (-0.06%)

Key Points

Positve
  • Tata Power Co Ltd (BOM:500400) reported a 14% growth in PAT compared to the previous year, marking the 24th consecutive quarter of growth.
  • The company's solar cell and module manufacturing plant has stabilized production, reducing costs and increasing PAT by 262% from the previous year.
  • Rooftop solar business achieved a 390% increase in PAT over the previous year, with sales crossing 1,000 crores in a quarter for the first time.
  • Tata Power Co Ltd (BOM:500400) crossed an EBITDA of 4,000 crores for the first time, driven by strong performance across all business segments.
  • The company plans to add significant renewable capacity, expecting to reach nearly 7 gigawatts of operating renewable assets by the end of the year.
Negative
  • The long monsoon season led to reduced power demand and operational challenges, particularly affecting the Mundra plant.
  • Several renewable projects faced delays due to site access issues caused by heavy rainfall, impacting project completion timelines.
  • The company's net debt increased by 6,400 crores, reaching 54,000 crores, although leverage ratios remain competitive.
  • Resolution of issues with the Mundra plant is still pending, with ongoing discussions with the government of Gujarat.
  • The bidding process for UP discom privatization has been delayed, with no clear timeline for when it will proceed.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TTPW.NS - Tata Power Company Ltd
Q2 2026 Tata Power Company Ltd Earnings Call
Nov 11, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Tata Par Q2 NH1F526 earnings conference call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity to ask questions after the presentation concludes. Should you need assistance during the call, please signal an operator by pressing, then 0 on your touchstone phone.

Please note that this conference is being recorded.

I now hand the conference over to Dr. Praveen Sinna, CEO and managing director of Tata Power, for his opening remarks.

Thank you and over to you, sir.

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Unidentified_2 [2]
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