Tata Power: Net profit CAGR of 25%, debt likely to rise; what else Religare Broking says
Tata Power is in focus in a quarterly results development for FY26.
· Business Today Mkts
Tata Power is projected to report revenue growth at a compound annual growth rate (CAGR) of 13% over FY26-FY28E, while PAT is estimated to grow at a significantly faster pace of around 25%.
Key facts
- Period
- FY26
The analysis
Tata Power reported movement of 25% and 13% for FY26. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.1% on the day at ₹360.00, and has returned -5.4% over three months. It sits 22% below its 52-week high. The power sector has moved -10.1% over the same period, so Tata Power is running 4.7 points ahead of its peers.
For Tata Power, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Tata Power (TATAPOWER), in Power.
- Over three months: Tata Power -5.4% against Power -10.1% (4.7 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata PowerTATAPOWER · Power | ₹360.00 | +2.1% | +5.2% | -5.4% | -22.0% | 1.0× | — |
Power
1M +1.1% · 3M -10.1%
Tata Power
Prices as of 9 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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