As an investor or trader are you curious about Tata Power Share Price target 2023,2024, 2025-2030 ? then your are at right place. In this post we are going to cover each and every factor that will impact Tata power share price for future. Let’s get started…
About Tata Power
Tata Power is an Indian multinational company engaged in the generation, transmission, and distribution of electricity. It is one of the largest power generation companies in India and has a diverse portfolio of power plants, including hydroelectric, thermal, solar, and wind power plants.
The company also has a presence in the transmission and distribution of electricity and is involved in various projects in India and around the world.
In addition to its core business, Tata Power also has interests in other sectors, including renewable energy, infrastructure development, and defense.
Background of Tata Power
It was founded in 1911 by Dorabji Tata, the founder of the Tata Group, as the Tata Hydroelectric Power Supply Company. The company began operations in 1915 with the commissioning of the first hydroelectric power plant in India, located in Khopoli, Maharashtra.
Company Overview
| Company Name | Tata Power Company Ltd |
| Company Website | tatapower.com |
| Chairman and Managing Director | |
| Market Cap (Cr.) | ₹ 66,240 |
| 52 W High / Low | ₹ 298 / 190 |
| Stock P/E | 20.4 |
| Book Value | ₹ 80.4 |
| P/B (Price to Book Value) | 2.58 |
| Face Value | ₹ 1.00 |
| ROCE | 9.30 % |
| ROE | 8.42 % |
| Dividend Yield | 0.84 % |
Tata Power share price Target 2023
Tata Power Share Price Target 2023
| Year | Tata Power Share Price in 2023 |
| 2023 | ₹175 to ₹140 |
Key Highlights:
- Renewable Energy Generation: 3,400 MW Installed generation capacity
- Conventional Energy Generation: 10,115 MW Installed conventional generation capacity
- Transmission : 3,552 Ckm Total transmission line capacity
- Distribution : 12.3 million Total customers served
- EV Charging Infrastructure: 2,200+ Public EV charging points installed across 352 cities
- Solar Rooftop: 950 MW Solar rooftop project executed
- Manufacturing: 1,135 MW Manufacturing capacity of Solar cells & modules
- EPC Large Projects: 9.7 GWp Projects executed and under pipeline
Tata Power Share Price Target 2024, 2025
Tata Power Share Price Target 2024
| Year | Tata Power Share Price in 2024 |
| 2024 | ₹250 to ₹280 |
Charging station for Electric Vehicle would be a great turning point for Tata Power Share Price because they have already announced that they will establish “1 lakh Electric Vehicle charging stations by 2025”, therefore the first target for Tata power share would be ₹310 and the second target would be ₹345. I would like to clarify these are the conservative target , so Tata power share could move ahead of its given target.
Tata Power Share Price Target 2025
| Year | Tata Power Share Price Target 2025 |
| 2025 | ₹310 to ₹345 |
Vision:
Going forward, the company wants to increase its capacity concentration from thermal sources to clean energy sources.
It aims to expand its clean and green capacity to 60% of total by 2025, 80% by 2030 and achieve carbon neutrality by phasing out of thermal projects by the year 2050.
Ambitions for next 5 years
- To produce more than 30GW generation capacity
- To reduce net debt to equity ratio to 1.5x
- To product more than 20GW RE Capicity
- To increase Return on equity more than 12%
- To generate revenue more than ₹25K crore from m EPC, rooftop and pump verticals
- To serve more than 40 million customers
Notable solar projects executed
- World’s largest solar rooftop installation of 12 MW for RSSB-EES, Amritsar (single location, multi-roof)
- World’s largest solar rooftop installation on a cricket stadium of 820.8 kWp at Cricket Club of India, Mumbai
- India’s largest solar carport of 2.67 MW at Cochin International Airport Limited (CIAL)
- Floating solar projects at Nellore and Kayamkulam
Tata Power Share Price Target 2030
As in their vision Tata power announced they aims to expand its clean and green capacity to 60% of total by 2025, 80% by 2030 and achieve carbon neutrality by phasing out of thermal projects by the year 2050.
But a heavy debt on Tata Power is a major concerned that we should not forget, so next conservative target for the year 2030 would goes to ₹650 and ₹780.
Tata Power Share Price Target 2030
| Year | Tata Power Share Price in 2030 |
| 2030 | ₹650 to ₹780 |
Tata Power Financials Highlights
Tata Power is a publicly traded company and its financial performance can be evaluated using various financial metrics. Here are some key financial fundamentals of the company:
Tata Power Official website: www.tatapower.com
Tata Power performance in FY2022:
Revenue:
Tata Power’s revenue is primarily generated from the sale of electricity to its customers. The company’s revenue has been steadily increasing over the years, with a compound annual growth rate of around 5% over the past decade. Tata power delivered revenue for financial year 2021-22 is ₹42,576 crore from its operation, which is a 28% growth.
Net income:
Tata Power’s net income is the profit earned by the company after deducting all expenses, including operating expenses, interest expenses, and taxes. The company’s net income has been relatively stable over the past few years. For financial year 2021-22, Tata power reported ₹2156 crore PAT, which is a 50% growth, whereas the EBITDA was ₹8191 crore.
Earnings per share (EPS):
This is a measure of the profitability of a company and is calculated by dividing the net income by the number of outstanding shares of the company. Tata Power’s basic EPS in March 2022 was ₹ 8.61.
Debt-to-equity ratio:
This is a measure of a company’s financial leverage and is calculated by dividing the total debt of the company by its shareholder equity. Tata Power’s net debt-to-equity ratio was 1.53, which is not good. The debt to equity ratio for a good company should be below 1. But in their future vision they have said to decrease it to less than 1.53.
Return on Average Net Worth:
Return on Net Worth (RONW) is used in finance to a measure of a company’s profitability. It reveals how much profit a company generates with the money that the equity shareholders have invested. Return on Net Worth (RONW) is used in finance as a measure of a company’s profitability.
Balance sheet
Shareholding Pattern
Tata Power Share Fundamental Analysis Video
Conclusion
Overall, Tata power is a strong patent based company, and also the leader in power sector, from last few years the Tata power share didn’t provide the value to its investor comparison to its peer company, debt could be a major reason, but in coming future If the company grow in renewable energy and electric vehicle segments, then it might unlock its value.
This is the end of this post, hope you enjoyed it, please share your comment and view below in comment section, thanks for reading the post.
Tata Power Share FAQ
Can we see further downside in Tata Power Share ?
If Tata Power share breaks its important support zone of 190, then we can see further downside in short term.
Is it a good buy for Tata Power Share for long term investment ?
Yes, as a investor we can add some shares at this level, and if stock goes below then add more for long term perspective.
Is Tata Power is the largest player in power segment in India ?
Yes, Tata Power is one of the largest power generation companies in India.
Nirmal is a NISM Certified Derivative Trader & the Founder of InvestandEarn.net (Financial Blog). He entered the world of Equity research to explore his interests in financial markets having 5+ Years of Experience in Share Market Trading & Investing. Nirmal frequently writes about Share Market Trading & Investment and publishes his personal view on the market. Drop him a mail at nirmal.jaysval@investandearn.net.
