Tata Power Company
Logotype for The Tata Power Company Limited

Tata Power Company (TATAPOWER) investor relations material

Tata Power Company Q3 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for The Tata Power Company Limited
Q3 25/26 earnings summary4 Feb, 2026

Executive summary

  • Q3 FY26 revenue ranged from ₹13,948.41 crore to ₹14,485 crore, with PAT stable at ₹1,194 crore, driven by strong renewables, Odisha DISCOMs, and solar manufacturing, despite Mundra plant suspension.

  • Nine-month FY26 revenue reached up to ₹47,719 crore, with EBITDA at ₹11,874 crore (+11.6% YoY) and PAT at ₹3,702 crore, reflecting resilient financial performance and growth in clean energy segments.

  • Net debt increased to ₹56,074 crore due to capex, but the balance sheet remains strong with improving credit ratings.

  • The Board approved the results on 4th February 2026.

Financial highlights

  • Q3 FY26 EBITDA rose to ₹3,913 crore (+12.4% YoY), with operating margin at 18% for the quarter.

  • Q3 PAT was ₹1,194 crore; nine-month PAT up 7% YoY to ₹3,702 crore.

  • Solar cell and module manufacturing PAT surged to ₹251 crore in Q3 (from ₹112 crore YoY); rooftop PAT at ₹111 crore (from ₹60 crore YoY).

  • Odisha DISCOMs PAT rose to ₹226 crore in Q3 (from ₹86 crore YoY), with AT&C losses reduced by 1.9% YTD.

  • Delhi DISCOM EBITDA benefited from a one-off regulatory order, with a Q3 EBITDA impact of ₹460 crore and PAT impact of ₹344 crore.

Outlook and guidance

  • Clean & Green energy to account for ~66% of capacity post project completions, targeting 100% by 2045.

  • Expects to add 2.7 GW of renewable capacity in FY26, with a pipeline of 5.2 GW to be executed over two years.

  • Major hydro and pumped storage projects underway in Bhutan and India, with significant capacity additions expected through FY32.

  • Distribution sector reforms and PPP opportunities anticipated in the next 6-9 months.

  • Rooftop solar and module manufacturing expected to see sustained and growing profitability.

Quantify arbitration award's impact if appeal fails
Mundra Plant restart timeline and SPPA status
Explain volatility in regulatory deferral balances
Mundra: Detail the remaining unresolved point
New business margin sustainability outlook?
Renewable execution delays and market share impact?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Tata Power Company earnings date

Logotype for The Tata Power Company Limited
Q4 25/2613 May, 2026
Tata Power Company
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Tata Power Company earnings date

Logotype for The Tata Power Company Limited
Q4 25/2613 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

The Tata Power Company Limited is a major player in India's energy sector, focusing on the generation, transmission, and distribution of electricity. The company operates a diverse portfolio of power projects, including thermal, hydroelectric, solar, and wind energy, catering to both industrial and residential consumers. Tata Power is involved in renewable energy initiatives and has been expanding its footprint in solar and wind power generation, as well as in electric vehicle charging infrastructure. The company is headquartered in Mumbai, India, and its shares are listed on the NSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage