Tata Power reported its financial results for FY26, showcasing a robust performance despite market volatility. Revenue from operations stood at ₹63,681 crore for FY26. EBITDA reached ₹16,090 crore, marking an 11% year-on-year growth. The company also recommended a dividend of ₹2.50 per equity share. Key achievements include continued strong performance across distribution, energy management, and clean and green solutions verticals, highlighting the company’s commitment to a sustainable and resilient energy future.
Financial Performance Overview
Tata Power announced its financial results for FY26, highlighting a period of steady progress amidst a dynamic global energy context and volatile macroeconomic conditions. The company’s performance reflects a stable foundation laid over the past few years, characterized by prudent financial calibration and disciplined operational execution.
Key Financial Highlights:
- Revenue from Operations: ₹63,681 crore for FY26 (compared to ₹64,502 crore in FY25).
- EBITDA: ₹16,090 crore for FY26 (a growth of 11% year-on-year).
- PAT* (before exceptional items): ₹5,212 crore for FY26 (compared to ₹5,197 crore in FY25).
- RoE: 11.6% for FY25 (compared to 12.8% in FY25).
- Net Debt/Equity Ratio: 1.18 times (compared to 1.05 times in FY25).
- Dividend Declared Per Share: ₹2.50 (compared to ₹2.25 in FY25).
Operational Achievements
The company emphasized its commitment to clean and green energy, investing approximately ₹33,000 crore over the last five years, which represents 62% of its overall CAPEX. Tata Power’s clean and green portfolio now stands at 17.5 GW (including a pipeline of 9.6 GW), demonstrating significant progress in its sustainability goals.
Highlights of the Past Year:
- Partnership with Druk Green: Signed an agreement for developing the 1,125 MW Dorjilung Hydropower Project in Bhutan, in addition to the ongoing 600 MW Khorlochhu Hydro Project.
- Solar Cell & Module Manufacturing: Maintained an industry-leading yield of more than 95% across its cell and module lines, with ambitious plans for upstream integration.
- Large Projects: Commissioned capacity of 2,452 MW from in-house and third-party projects, and won approximately 800 MW of new renewable projects.
- Rooftop Solar: Installed approximately 2 GW of rooftop solar capacity across the country, crossing a cumulative installation milestone of 4 GW.
- Pumped Storage Projects: Started work on the 1,000 MW Bhivpuri Pumped Storage Project to serve 24/7 clean energy needs.
Looking Ahead
Tata Power is focused on building a resilient supply chain and diversifying its technology options to enhance energy security and foster growth. The company aims to be a leader in the energy transition, balancing growth, sustainability, and energy security.
Source: BSE
