
About Tata Power Solar
Tata Power Solar is a publicly listed company based in Mumbai (India) founded in 1989. It manufactures photovoltaic modules and solar cells for renewable energy solutions. It operates on a B2B model. Its website tatapowersolar.com draws about 112 thousand monthly visits. Its Indian entity The Tata Power Company Limited reported revenue of ₹66,162 Cr. Its focus areas include Energy, Renewable Energy, Solar Manufacturing and PV Modules.
Company details
Tata Power Solar manufactures photovoltaic modules and solar cells for renewable energy solutions through working in the energy sector, promoting renewable energy, solar manufacturing, and pv modules. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Mumbai, India
- Stage Public
- SectorsEnergy & Utilities
- Website category Heavy Industry and Engineering · Energy Industry
- Phone•••• ••••
- Website tatapowersolar.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name The Tata Power Company Limited
- Date of Incorporation 18 Sep, 1919
- Jurisdiction Mumbai, Maharashtra, India
- Market Cap₹1,14,074 Cr
TATAPOWER · NSE
- Share Price₹348.00
-2.52% today
- Revenue₹62,429 Cr
FY 2025-26 · -4.7% YoY
- EBITDA₹12,970 Cr
Margin 20.8%
- Net Profit₹3,882 Cr
FY 2025-26 · -2.6% YoY
- P/E (TTM)29.2x
P/B 2.9x
- ROE13.6%
ROCE 9.6%
- Debt / Equity1.85
Interest cover 64.4x
Associated legal entities of Tata Power Solar
Tata Power Solar is associated with 4 registered companies on The Company Check; the primary company is The Tata Power Company Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| The Tata Power Company Limited Listed CIN L28920MH1919PLC000567 | Active | 18 Sep 1919 | Mumbai, Maharashtra | ₹66,162 Cr | 2,377 | 14 | View details |
| Chirasthaayee Saurya Limited CIN U40101MH2016PLC330252 | Amalgamated | 14 Jun 2016 | Mumbai, Maharashtra | ₹58.9 Cr | 3 | View details | |
| Tata Power Renewable Energy Limited CIN U40108MH2007PLC168314 | Active | 02 Mar 2007 | Mumbai, Maharashtra | ₹12,584 Cr | 476 | 11 | View details |
| Tata Power Solar Systems Limited CIN U40106MH1989PLC330738 | Amalgamated | 27 Nov 1989 | Mumbai, Maharashtra | ₹11,748 Cr | 1,253 | 13 | View details |
Apps and channels of Tata Power Solar
its YouTube channel Tata Power Renewable Energy has 12.8K subscribers and 30 videos.
Videos from Tata Power Solar
The most watched videos on Tata Power Solar's YouTube channel, Tata Power Renewable Energy (12.8K subscribers). Click a video to play it here.
More on Tata Power Renewable Energy.
Board of directors of The Tata Power Company Limited (Tata Power Solar)
The Tata Power Company Limited is the primary company behind Tata Power Solar. The boards of the 4 registered companies of Tata Power Solar currently have 25 directors; the longest-serving is Mahesh Dinkar Paranjpe, appointed in 2016. 150 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Dinkar Paranjpe DIN 03530639 | Director | 14 Jun 2016 | 10 yrs 5 mo | Chirasthaayee Saurya Limited, Tata Power Solar Systems Limited |
| Vibha Umesh Padalkar DIN 01682810 | Director | 14 Oct 2016 | 10 yrs | The Tata Power Company Limited |
| Anjali Bansal DIN 00207746 | Director | 14 Oct 2016 | 10 yrs | The Tata Power Company Limited |
| Sanjay Bhandarkar DIN 01260274 | Director | 14 Oct 2016 | 10 yrs | The Tata Power Company Limited, Tata Power Solar Systems Limited |
| Chandrasekaran Natarajan DIN 00121863 | Director | 11 Feb 2017 | 9 yrs 9 mo | The Tata Power Company Limited |
| Praveer Sinha DIN 01785164 | Director | 07 May 2018 | 8 yrs 6 mo | Tata Power Renewable Energy Limited, The Tata Power Company Limited, Tata Power Solar Systems Limited |
| Gautam Attravanam DIN 08284326 | Director | 28 Nov 2018 | 7 yrs 11 mo | Chirasthaayee Saurya Limited |
| Ashok Sinha DIN 00070477 | Director | 02 May 2019 | 7 yrs 6 mo | The Tata Power Company Limited |
| Ashwinikumar Ganpatrao Patil DIN 08947244 | Director | 21 Jan 2021 | 5 yrs 9 mo | Chirasthaayee Saurya Limited |
| Aditi Raja DIN 00164313 | Director | 01 Apr 2021 | 5 yrs 7 mo | Tata Power Solar Systems Limited |
| Rajeev Sharma DIN 00973413 | Director | 06 Oct 2021 | 5 yrs 1 mo | Tata Power Solar Systems Limited |
| Sanjeev Churiwala DIN 00489556 | Director | 13 Jun 2022 | 4 yrs 5 mo | Tata Power Solar Systems Limited |
| Bipin Narayan Kulkarni DIN 09649229 | CFO | 14 Oct 2022 | 4 yrs 1 mo | Tata Power Solar Systems Limited |
| Saurabh Mahesh Agrawal DIN 02144558 | Director | 18 Oct 2022 | 4 yrs | Tata Power Renewable Energy Limited, The Tata Power Company Limited |
| Rajiv Mehrishi DIN 00208189 | Director | 28 Oct 2022 | 4 yrs | The Tata Power Company Limited |
| Edward Winter DIN 10110377 | Director | 14 Apr 2023 | 3 yrs 7 mo | Tata Power Solar Systems Limited |
| Seethapathy Chander DIN 02336635 | Director | 05 May 2023 | 3 yrs 6 mo | Tata Power Renewable Energy Limited, Tata Power Solar Systems Limited |
| Deepesh Kiranchandra Nanda DIN 03151401 | Director | 21 Nov 2023 | 2 yrs 11 mo | Tata Power Solar Systems Limited |
| Nishi Vasudeva DIN 03016991 | Director | 20 Mar 2024 | 2 yrs 7 mo | Tata Power Renewable Energy Limited, The Tata Power Company Limited |
| Tarun Bajaj DIN 02026219 | Director | 08 May 2024 | 2 yrs 6 mo | The Tata Power Company Limited |
| Bradley Byungki Kim DIN 10883878 | Director | 08 Jan 2025 | 1 yr 10 mo | Tata Power Renewable Energy Limited |
| Sanjay Kumar Banga DIN 07785948 | Managing Director | 01 Jun 2025 | 1 yr 5 mo | Tata Power Renewable Energy Limited |
| Ajay Mathur DIN 07490468 | Director | 10 Dec 2025 | 11 mo | Tata Power Renewable Energy Limited |
| Pramod Agrawal DIN 00279727 | Director | 10 Dec 2025 | 11 mo | Tata Power Renewable Energy Limited, The Tata Power Company Limited |
| Deepak Kapoor DIN 00162957 | Additional Director | 01 Jun 2026 | 5 mo | The Tata Power Company Limited |
People of Tata Power Solar
238 people are tracked at Tata Power Solar (118 in leadership, 9 in board & advisors, 111 in team).
| Name | Role | Group |
|---|---|---|
Channdrashekar Pasala | Zonal Head | Leadership |
| CEO & Managing Director | Leadership | |
Shivram Bikkina | Chief Solar Rooftop & EV Charging Business | Leadership |
Nancy A. | Head Of Human Resources, Tata Power Ajmer Distribution Limited | Leadership |
Rajat Palav | Group Head - Finance Transformation | Leadership |
Deepak Rane | General Manager | Leadership |
Manoj Karale | Head - Business Hr, Hydros | Leadership |
Nalin Gupta | Zonal Sales Head - North | Leadership |
Guruprasad Rao | Group Head - Analytics & Insights | Leadership |
Dinesh Gangwal | Chief O&m Services MPL | Leadership |
Deepak Jain | Regional Head - BD | Leadership |
Kaushik Sanyal | Country Head | Leadership |
Sriballav Singh | Chief - Corporate IR & HR Policies & Processes | Leadership |
| Group Chief Financial Officer & Chief Of Strategy | Director Tata Projects | Leadership | |
Jitendra Jena | Group Head , Mechanical Maintenance | Leadership |
Gajendra Tiwari | CFO NRSS Xxxvi Transmission Ltd | Leadership |
Vinod Kumar | Plant Head | Leadership |
Arpan C. | Group Head Power Trading And ESCO | Leadership |
S K Mallick | Group Head- Imported Coal Sourcing - Tata Power | Leadership |
Pravin Jain | Deputy General Manager | Leadership |
218 more people are available in the full profile.
Complete people profiles for Tata Power Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Tata Power Solar
Tata Power Solar is a publicly listed company on the NSE with ticker symbol TATAPOWER in India, operating in the Power Generation & Distribution sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onNSE: TATAPOWER
- Listed entityThe Tata Power Company Limited
- Exchange sectorPower Generation & Distribution
Financials of Tata Power Solar
Exchange-reported figures of The Tata Power Company Limited, the listed company behind Tata Power Solar (NSE: TATAPOWER).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 62,429 | 65,478 | 61,449 | 55,109 | 42,816 | 32,703 | 29,136 |
| Revenue growth | -4.7% | +6.6% | +11.5% | +28.7% | +30.9% | +12.2% | - |
| EBITDA | 12,970 | 12,166 | 10,672 | 7,698 | 6,513 | 6,847 | 6,783 |
| EBITDA margin | +20.8% | +18.6% | +17.4% | +14.0% | +15.2% | +20.9% | +23.3% |
| Profit before tax | 6,636 | 6,320 | 5,732 | 5,457 | 2,535 | 1,941 | 1,958 |
| Net profit | 3,882 | 3,986 | 3,415 | 3,217 | 2,227 | 1,150 | 442 |
| Net profit margin | +6.2% | +6.1% | +5.6% | +5.8% | +5.2% | +3.5% | +1.5% |
| EPS (₹) | 11.73 | 12.43 | 11.57 | 10.44 | 5.45 | 3.53 | 3.76 |
| Balance sheet | |||||||
| Total assets | 1,41,123 | 1,21,878 | 1,07,124 | 1,01,041 | 88,375 | 80,086 | 77,051 |
| Net worth | 39,467 | 35,841 | 32,355 | 28,787 | 22,442 | 22,322 | 19,566 |
| Total debt | 76,141 | 62,866 | 53,689 | 52,923 | 51,195 | 46,708 | 51,936 |
| Cash & bank | 13,644 | 11,751 | 9,152 | 11,207 | 6,641 | 5,871 | 2,094 |
| Net working capital | (25.88) | (3,275) | (2,670) | 4,553 | 746 | 1,111 | 6,052 |
| Cash flow | |||||||
| Cash from operations | 5,993 | 12,680 | 12,504 | 7,166 | 6,693 | 8,345 | 7,375 |
| Cash from investing | (14,129) | (15,436) | (8,935) | (7,263) | (6,250) | 993 | (493) |
| Cash from financing | 7,783 | 4,292 | (4,497) | 1,341 | (1,183) | (7,603) | (5,110) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19,636 | 19,051 | 14,900 | 13,948 | 15,545 | 18,035 | 17,096 | 15,391 |
| Revenue growth (YoY) | +26.3% | +5.6% | -12.8% | -9.4% | -1.0% | +4.3% | - | - |
| Other income | 1,184 | 630 | 1,867 | 1,056 | 859 | 494 | 684 | 589 |
| EBITDA | 3,667 | 3,860 | 2,505 | 3,055 | 3,302 | 3,565 | 3,246 | 3,079 |
| EBITDA margin | +18.7% | +20.3% | +16.8% | +21.9% | +21.2% | +19.8% | +19.0% | +20.0% |
| Depreciation | 1,287 | 1,260 | 1,280 | 1,208 | 1,162 | 1,161 | 1,116 | 1,041 |
| Interest | 1,385 | 1,407 | 1,295 | 1,364 | 1,319 | 1,279 | 1,213 | 1,170 |
| Profit before tax | 2,180 | 1,823 | 1,797 | 1,540 | 1,680 | 1,619 | 1,600 | 1,457 |
| Tax | 528 | 422 | 381 | 345 | 435 | 357 | 294 | 269 |
| Net profit | 1,652 | 1,401 | 1,416 | 1,194 | 1,245 | 1,262 | 1,306 | 1,188 |
| EPS (₹) | 3.82 | 3.67 | 3.11 | 2.41 | 2.88 | 3.31 | 3.26 | 3.22 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 13,226 | 22,359 | 20,093 | 17,728 | 11,108 | 13,169 | 7,726 |
| Revenue growth | -40.9% | +11.3% | +13.3% | +59.6% | -15.7% | +70.5% | - |
| EBITDA | 2,525 | 4,392 | 3,894 | 1,603 | 973 | 2,566 | 1,157 |
| EBITDA margin | +19.1% | +19.6% | +19.4% | +9.0% | +8.8% | +19.5% | +15.0% |
| Profit before tax | 1,178 | 3,615 | 2,511 | 4,111 | 2,290 | 395 | (59.70) |
| Net profit | 1,120 | 3,098 | 2,173 | 2,714 | 2,020 | 353 | 640 |
| Net profit margin | +8.5% | +13.9% | +10.8% | +15.3% | +18.2% | +2.7% | +8.3% |
| EPS (₹) | 3.52 | 9.80 | 6.98 | 10.23 | 8.71 | 0.92 | 0.55 |
| Balance sheet | |||||||
| Total assets | 45,279 | 39,947 | 39,689 | 39,898 | 39,491 | 38,042 | 33,741 |
| Net worth | 18,416 | 18,366 | 15,788 | 13,700 | 10,880 | 9,878 | 15,262 |
| Total debt | 26,122 | 20,066 | 22,613 | 24,920 | 27,567 | 27,210 | 18,081 |
| Cash & bank | 729 | 1,533 | 619 | 296 | 78.55 | 383 | 179 |
| Net working capital | (2,545) | (4,913) | (4,265) | (1,535) | (33.57) | (549) | 2,041 |
| Cash flow | |||||||
| Cash from operations | (1,712) | 6,288 | 5,881 | 500 | 1,684 | 3,334 | 2,309 |
| Cash from investing | (2,262) | (71.33) | (92.11) | 5,124 | 1,587 | (1,174) | (471) |
| Cash from financing | 3,170 | (5,305) | (5,465) | (5,350) | (3,635) | (2,618) | (1,753) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,107 | 5,689 | 2,833 | 2,483 | 2,625 | 5,285 | 5,965 | 5,731 |
| Revenue growth (YoY) | +132.7% | +7.6% | -52.5% | -56.7% | -46.3% | -8.5% | - | - |
| Other income | 1,091 | 191 | 332 | 259 | 770 | 521 | 208 | 709 |
| Total expenses | 5,415 | 4,631 | 2,205 | 2,151 | 2,048 | 4,334 | 4,957 | 4,563 |
| EBITDA | 693 | 1,058 | 628 | 331 | 577 | 951 | 1,008 | 1,168 |
| EBITDA margin | +11.3% | +18.6% | +22.2% | +13.3% | +22.0% | +18.0% | +16.9% | +20.4% |
| Depreciation | 311 | 319 | 332 | 293 | 283 | 306 | 297 | 306 |
| Interest | 542 | 556 | 486 | 510 | 482 | 497 | 510 | 512 |
| Profit before tax | 930 | 374 | 141 | (214) | 582 | 669 | 409 | 1,059 |
| Tax | 226 | 96.86 | (193) | (53.22) | 151 | 149 | (0.25) | 81.37 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19,636 | 19,051 | 14,900 | 13,948 | 15,545 | 18,035 | 17,096 | 15,391 |
| Revenue growth (YoY) | +26.3% | +5.6% | -12.8% | -9.4% | -1.0% | +4.3% | - | - |
| Other income | 1,184 | 630 | 1,867 | 1,056 | 859 | 494 | 684 | 589 |
| EBITDA | 3,667 | 3,860 | 2,505 | 3,055 | 3,302 | 3,565 | 3,246 | 3,079 |
| EBITDA margin | +18.7% | +20.3% | +16.8% | +21.9% | +21.2% | +19.8% | +19.0% | +20.0% |
| Depreciation | 1,287 | 1,260 | 1,280 | 1,208 | 1,162 | 1,161 | 1,116 | 1,041 |
| Interest | 1,385 | 1,407 | 1,295 | 1,364 | 1,319 | 1,279 | 1,213 | 1,170 |
| Profit before tax | 2,180 | 1,823 | 1,797 | 1,540 | 1,680 | 1,619 | 1,600 | 1,457 |
| Tax | 528 | 422 | 381 | 345 | 435 | 357 | 294 | 269 |
| Net profit | 1,652 | 1,401 | 1,416 | 1,194 | 1,245 | 1,262 | 1,306 | 1,188 |
| EPS (₹) | 3.82 | 3.67 | 3.11 | 2.41 | 2.88 | 3.31 | 3.26 | 3.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 62,429 | 65,478 | 61,449 | 55,109 | 42,816 | 32,703 | 29,136 |
| Revenue growth | -4.7% | +6.6% | +11.5% | +28.7% | +30.9% | +12.2% | - |
| Other income | 3,734 | 2,973 | 3,480 | 5,570 | 3,004 | 1,849 | 2,302 |
| Total expenses | 49,458 | 53,313 | 50,777 | 47,411 | 36,303 | 25,856 | 22,353 |
| Employee cost | 5,100 | 4,649 | 4,265 | 3,801 | 3,731 | 2,414 | 1,541 |
| EBITDA | 12,970 | 12,166 | 10,672 | 7,698 | 6,513 | 6,847 | 6,783 |
| EBITDA margin | +20.8% | +18.6% | +17.4% | +14.0% | +15.2% | +20.9% | +23.3% |
| Depreciation | 4,811 | 4,117 | 3,786 | 3,439 | 3,122 | 2,745 | 2,634 |
| Interest | 5,257 | 4,702 | 4,633 | 4,372 | 3,859 | 4,010 | 4,494 |
| Profit before tax | 6,636 | 6,320 | 5,732 | 5,457 | 2,535 | 1,941 | 1,958 |
| Tax | 1,518 | 1,544 | 1,452 | 1,647 | 380 | 502 | 641 |
| Net profit | 3,882 | 3,986 | 3,415 | 3,217 | 2,227 | 1,150 | 442 |
| Net profit margin | +6.2% | +6.1% | +5.6% | +5.8% | +5.2% | +3.5% | +1.5% |
| EPS (₹) | 11.73 | 12.43 | 11.57 | 10.44 | 5.45 | 3.53 | 3.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 320 | 320 | 320 | 320 | 320 | 320 | 270 |
| Reserves & surplus | 39,148 | 35,521 | 32,036 | 28,468 | 22,122 | 20,503 | 17,796 |
| Shareholders' funds (net worth) | 39,467 | 35,841 | 32,355 | 28,787 | 22,442 | 22,322 | 19,566 |
| Minority interest | 8,071 | 6,765 | 5,977 | 5,417 | 3,587 | 2,927 | 2,332 |
| Secured loans | 39,741 | 35,281 | 27,848 | 28,225 | 25,905 | 20,171 | 24,661 |
| Unsecured loans | 36,401 | 27,585 | 25,841 | 24,698 | 25,290 | 26,537 | 27,275 |
| Total debt | 76,141 | 62,866 | 53,689 | 52,923 | 51,195 | 46,708 | 51,936 |
| Total liabilities | 1,41,123 | 1,21,878 | 1,07,124 | 1,01,041 | 88,375 | 80,086 | 77,051 |
| Assets | |||||||
| Gross block | 1,26,913 | 1,13,580 | 98,781 | 89,897 | 82,301 | 74,156 | 67,064 |
| Net block | 87,293 | 78,374 | 67,210 | 61,747 | 57,389 | 52,179 | 47,666 |
| Capital work in progress | 14,595 | 12,679 | 11,561 | 5,376 | 4,635 | 3,270 | 1,612 |
| Investments | 16,575 | 16,316 | 16,316 | 16,670 | 14,160 | 13,149 | 14,535 |
| Inventories | 5,108 | 4,572 | 4,420 | 3,943 | 4,232 | 1,886 | 1,752 |
| Sundry debtors | 4,424 | 5,710 | 7,402 | 6,952 | 5,980 | 5,200 | 4,426 |
| Cash & bank balances | 13,644 | 11,751 | 9,152 | 11,207 | 6,641 | 5,871 | 2,094 |
| Loans & advances | 6,039 | 5,422 | 6,014 | 7,840 | 7,370 | 5,931 | 9,303 |
| Total current assets | 29,215 | 27,454 | 26,987 | 29,942 | 24,222 | 18,888 | 17,575 |
| Total current liabilities | 29,241 | 30,730 | 29,658 | 25,389 | 23,476 | 17,776 | 11,523 |
| Net working capital | (25.88) | (3,275) | (2,670) | 4,553 | 746 | 1,111 | 6,052 |
| Total assets | 1,41,123 | 1,21,878 | 1,07,124 | 1,01,041 | 88,375 | 80,086 | 77,051 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4,680 | 3,144 | 4,072 | 2,829 | 3,570 | 1,834 | 61.52 |
| Net cash from operating activities | 5,993 | 12,680 | 12,504 | 7,166 | 6,693 | 8,345 | 7,375 |
| Net cash from investing activities | (14,129) | (15,436) | (8,935) | (7,263) | (6,250) | 993 | (493) |
| Net cash from financing activities | 7,783 | 4,292 | (4,497) | 1,341 | (1,183) | (7,603) | (5,110) |
| Net change in cash | (353) | 1,536 | (928) | 1,243 | (741) | 1,736 | 1,773 |
| Closing cash | 13,644 | 11,751 | 9,152 | 11,207 | 6,641 | 5,871 | 2,094 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.7% | +6.6% | +11.5% | +28.7% | +30.9% | +12.2% | - |
| EBITDA growth | +6.6% | +14.0% | +38.6% | +18.2% | -4.9% | +0.9% | - |
| PBT growth | +5.0% | +10.3% | +5.0% | +115.3% | +30.6% | -0.9% | -47.0% |
| Net income growth | -2.6% | +16.7% | +6.1% | +44.4% | +93.7% | +160.2% | - |
| Revenue CAGR (3Y) | +4.2% | +15.2% | +23.4% | +23.7% | +12.7% | +6.8% | +1.8% |
| EBITDA CAGR (3Y) | +19.0% | +23.2% | +15.9% | +4.3% | +0.6% | +11.0% | +11.6% |
| Profitability & leverage | |||||||
| Net income margin | +8.2% | +7.3% | +7.0% | +6.9% | +5.0% | +4.4% | +4.5% |
| Return on capital employed | +9.6% | +10.2% | +10.5% | +10.9% | +8.5% | +7.8% | +7.4% |
| Return on net worth | +13.6% | +14.0% | +14.0% | +14.9% | +11.8% | +6.9% | +3.9% |
| Debt / equity | 1.85 | 1.71 | 1.74 | 2.03 | 2.19 | 2.35 | 2.65 |
| Long-term debt / equity | 1.52 | 1.31 | 1.23 | 1.37 | 1.54 | 1.65 | 1.77 |
| Interest cover | 64.43 | 58.42 | 67.29 | 102.65 | 113.82 | 97.76 | 108.29 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.52 | 0.62 | 0.65 | 0.64 | 0.55 | 0.46 | 0.45 |
| Inventory turnover | 12.90 | 14.56 | 14.70 | 13.48 | 14.00 | 17.98 | 16.85 |
| Debtors turnover | 12.32 | 9.99 | 8.56 | 8.52 | 7.66 | 6.79 | 6.57 |
| EPS (₹) | 11.73 | 12.43 | 11.57 | 10.44 | 5.45 | 3.53 | 3.76 |
| Dividend per share (₹) | 2.50 | 2.25 | 2.00 | 2.00 | 1.75 | 1.55 | 1.55 |
| Book value per share (₹) | 121.44 | 110.09 | 99.18 | 88.02 | 68.16 | 63.09 | 64.35 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,107 | 5,689 | 2,833 | 2,483 | 2,625 | 5,285 | 5,965 | 5,731 |
| Revenue growth (YoY) | +132.7% | +7.6% | -52.5% | -56.7% | -46.3% | -8.5% | - | - |
| Other income | 1,091 | 191 | 332 | 259 | 770 | 521 | 208 | 709 |
| Total expenses | 5,415 | 4,631 | 2,205 | 2,151 | 2,048 | 4,334 | 4,957 | 4,563 |
| EBITDA | 693 | 1,058 | 628 | 331 | 577 | 951 | 1,008 | 1,168 |
| EBITDA margin | +11.3% | +18.6% | +22.2% | +13.3% | +22.0% | +18.0% | +16.9% | +20.4% |
| Depreciation | 311 | 319 | 332 | 293 | 283 | 306 | 297 | 306 |
| Interest | 542 | 556 | 486 | 510 | 482 | 497 | 510 | 512 |
| Profit before tax | 930 | 374 | 141 | (214) | 582 | 669 | 409 | 1,059 |
| Tax | 226 | 96.86 | (193) | (53.22) | 151 | 149 | (0.25) | 81.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 13,226 | 22,359 | 20,093 | 17,728 | 11,108 | 13,169 | 7,726 |
| Revenue growth | -40.9% | +11.3% | +13.3% | +59.6% | -15.7% | +70.5% | - |
| Other income | 1,843 | 2,512 | 2,063 | 5,902 | 4,640 | 1,560 | 980 |
| Total expenses | 10,701 | 17,967 | 16,200 | 16,125 | 10,135 | 10,603 | 6,570 |
| Employee cost | 954 | 850 | 846 | 789 | 778 | 735 | 645 |
| EBITDA | 2,525 | 4,392 | 3,894 | 1,603 | 973 | 2,566 | 1,157 |
| EBITDA margin | +19.1% | +19.6% | +19.4% | +9.0% | +8.8% | +19.5% | +15.0% |
| Depreciation | 1,214 | 1,194 | 1,188 | 1,167 | 1,134 | 1,235 | 686 |
| Interest | 1,976 | 2,095 | 2,257 | 2,227 | 2,189 | 2,497 | 1,510 |
| Profit before tax | 1,178 | 3,615 | 2,511 | 4,111 | 2,290 | 395 | (59.70) |
| Tax | 53.73 | 483 | 281 | 843 | (493) | 101 | (208) |
| Net profit | 1,120 | 3,098 | 2,173 | 2,714 | 2,020 | 353 | 640 |
| Net profit margin | +8.5% | +13.9% | +10.8% | +15.3% | +18.2% | +2.7% | +8.3% |
| EPS (₹) | 3.52 | 9.80 | 6.98 | 10.23 | 8.71 | 0.92 | 0.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 320 | 320 | 320 | 320 | 320 | 320 | 270 |
| Reserves & surplus | 18,097 | 18,046 | 15,468 | 13,380 | 10,560 | 8,059 | 13,491 |
| Shareholders' funds (net worth) | 18,416 | 18,366 | 15,788 | 13,700 | 10,880 | 9,878 | 15,262 |
| Secured loans | 5,769 | 5,591 | 5,419 | 5,739 | 5,490 | 6,131 | 5,757 |
| Unsecured loans | 20,353 | 14,475 | 17,193 | 19,181 | 22,078 | 21,080 | 12,323 |
| Total debt | 26,122 | 20,066 | 22,613 | 24,920 | 27,567 | 27,210 | 18,081 |
| Total liabilities | 45,279 | 39,947 | 39,689 | 39,898 | 39,491 | 38,042 | 33,741 |
| Assets | |||||||
| Gross block | 40,535 | 38,585 | 37,964 | 37,331 | 36,423 | 37,588 | 16,201 |
| Net block | 24,247 | 23,363 | 23,542 | 23,722 | 23,746 | 24,494 | 8,036 |
| Capital work in progress | 2,458 | 2,248 | 1,799 | 1,273 | 965 | 322 | 403 |
| Investments | 14,979 | 14,256 | 13,406 | 12,129 | 10,779 | 10,208 | 21,347 |
| Inventories | 2,841 | 2,424 | 2,120 | 2,458 | 2,292 | 1,181 | 635 |
| Sundry debtors | 995 | 1,514 | 1,582 | 1,904 | 1,027 | 1,580 | 1,109 |
| Cash & bank balances | 729 | 1,533 | 619 | 296 | 78.55 | 383 | 179 |
| Loans & advances | 930 | 654 | 1,219 | 1,464 | 4,231 | 2,585 | 3,687 |
| Total current assets | 5,496 | 6,125 | 5,540 | 6,122 | 7,629 | 5,729 | 5,609 |
| Total current liabilities | 8,041 | 11,038 | 9,804 | 7,657 | 7,662 | 6,278 | 3,568 |
| Net working capital | (2,545) | (4,913) | (4,265) | (1,535) | (33.57) | (549) | 2,041 |
| Total assets | 45,279 | 39,947 | 39,689 | 39,898 | 39,491 | 38,042 | 33,741 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,511 | 599 | 274 | (0.02) | 364 | 823 | 79.86 |
| Net cash from operating activities | (1,712) | 6,288 | 5,881 | 500 | 1,684 | 3,334 | 2,309 |
| Net cash from investing activities | (2,262) | (71.33) | (92.11) | 5,124 | 1,587 | (1,174) | (471) |
| Net cash from financing activities | 3,170 | (5,305) | (5,465) | (5,350) | (3,635) | (2,618) | (1,753) |
| Net change in cash | (804) | 912 | 325 | 274 | (364) | (458) | 85.23 |
| Closing cash | 729 | 1,533 | 619 | 296 | 78.55 | 383 | 179 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -40.9% | +11.3% | +13.3% | +59.6% | -15.7% | +70.5% | - |
| EBITDA growth | -42.5% | +12.8% | +142.9% | +64.8% | -62.1% | +121.9% | - |
| PBT growth | -67.4% | +44.0% | -38.9% | +79.5% | +479.9% | +9998.0% | - |
| Net income growth | -63.9% | +42.6% | -19.9% | +34.3% | +473.0% | -44.9% | - |
| Revenue CAGR (3Y) | -9.3% | +26.3% | +15.1% | +31.9% | +10.4% | +20.5% | +3.7% |
| EBITDA CAGR (3Y) | +16.4% | +65.3% | +14.9% | +11.5% | -24.4% | - | -5.4% |
| Profitability & leverage | |||||||
| Net income margin | +8.5% | +14.0% | +11.1% | +18.4% | +25.1% | +2.2% | +1.9% |
| Return on capital employed | +7.4% | +14.3% | +12.0% | +14.1% | +9.0% | +8.3% | +5.9% |
| Return on net worth | +6.1% | +18.3% | +15.1% | +22.1% | +19.5% | +2.8% | +4.1% |
| Debt / equity | 1.26 | 1.25 | 1.61 | 2.14 | 2.64 | 1.80 | 1.15 |
| Long-term debt / equity | 0.98 | 0.92 | 1.02 | 1.41 | 1.91 | 1.16 | 0.61 |
| Interest cover | 150.74 | 65.52 | 83.44 | 511.42 | -1,355.55 | 187.47 | 320.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.33 | 0.58 | 0.53 | 0.48 | 0.30 | 0.49 | 0.49 |
| Inventory turnover | 5.02 | 9.84 | 8.78 | 7.46 | 6.40 | 14.50 | 12.72 |
| Debtors turnover | 10.54 | 14.44 | 11.53 | 12.10 | 8.52 | 9.80 | 6.53 |
| EPS (₹) | 3.52 | 9.80 | 6.98 | 10.23 | 8.71 | 0.92 | 0.55 |
| Dividend per share (₹) | 2.50 | 2.25 | 2.00 | 2.00 | 1.75 | 1.55 | 1.55 |
| Book value per share (₹) | 55.56 | 55.41 | 47.34 | 40.80 | 31.98 | 24.15 | 48.44 |
Web traffic of Tata Power Solar
The website of Tata Power Solar (tatapowersolar.com) receives about 111.7K visits a month and ranks #387,050 among all websites worldwide, #4,741 in Energy Industry.
- Monthly visits111.7K
▲ 13.9% vs previous month
- Unique visitors54.7K
per month
- Global rank#387,050
among all websites
- Category rank#4,741
Heavy Industry and Engineering · Energy Industry
- Bounce rate38%
- Pages per visit2.3
- Average visit47 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with Tata Power Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shop.waaree.com | shop.waaree.com | 100% | #200,753 | – | |
| vikramsolar.com | 90% | 37.9K | View details | ||
| adanisolar.com | 89% | 21.2K | #1,213,348 | View details | |
| sesi.in | 89% | View details | |||
| freyrenergy.com | 86% | 65.2K | #570,688 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Tata Power Solar
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Frequently Asked Questions about Tata Power Solar
Tata Power Solar was founded in 1989.
Tata Power Solar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Tata Power Solar, The Tata Power Company Limited, reported revenue of ₹66,162 Cr for FY 2026, down 5% year on year.
Tata Power Solar manufactures photovoltaic modules and solar cells for renewable energy solutions through working in the energy sector, promoting renewable energy, solar manufacturing, and pv modules. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Yes, Tata Power Solar is publicly traded on NSE under the ticker symbol TATAPOWER.
Tata Power Solar is associated with 4 legal entities: The Tata Power Company Limited, Chirasthaayee Saurya Limited, Tata Power Renewable Energy Limited and others.
The legal entities of Tata Power Solar currently have 29 directors, including Ashwinikumar Ganpatrao Patil, Gautam Attravanam, Mahesh Dinkar Paranjpe and others.
The website of Tata Power Solar receives about 112 thousand visits a month and ranks #387,050 among all websites worldwide.
