Tata Power Files FY26 Integrated Annual Report Ahead of 107th AGM on July 7
Tata Power filed its FY26 Integrated Annual Report on June 10, 2026, ahead of its 107th AGM scheduled for July 7, 2026. The company reported consolidated revenue of ₹63,681 crore, PAT of ₹5,118 crore (up 7% y-o-y), and EBITDA of ₹16,090 crore (up 11% y-o-y), with a recommended dividend of ₹2.50 per share. Key operational highlights include 2,452 MW of RE capacity commissioned, 16,716 MW total generation portfolio, and strategic hydro partnerships in Bhutan.
*this image is generated using AI for illustrative purposes only.
The Tata Power Company Limited has filed its Integrated Annual Report for FY26 under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the stock exchanges on June 10, 2026. The report has been prepared in accordance with the International Integrated Reporting Framework and GRI Standards 2021, marking the company's seventh integrated report. The 107th Annual General Meeting (AGM) is scheduled for Tuesday, July 7, 2026, at 10:30 a.m. IST through Video Conferencing/Other Audio Visual Means.
AGM and Dividend Details
The Board has recommended a dividend of ₹2.50 per equity share for FY26, subject to shareholder approval at the AGM. The record date for dividend eligibility is Tuesday, June 23, 2026, and payment is expected on or after Friday, July 10, 2026, subject to tax deduction at source. Remote e-voting for the AGM commences on Friday, July 3, 2026, at 9:00 a.m. IST and closes on Monday, July 6, 2026, at 5:00 p.m. IST, with the cut-off date for e-voting eligibility set at Tuesday, June 30, 2026.
| Event | Date | Time |
|---|---|---|
| Record Date | June 23, 2026 | N/A |
| E-Voting Start | July 3, 2026 | 9:00 a.m. (IST) |
| E-Voting End | July 6, 2026 | 5:00 p.m. (IST) |
| AGM Date | July 7, 2026 | 10:30 a.m. (IST) |
| Dividend Payment | On or after July 10, 2026 | N/A |
FY26 Financial Performance
Tata Power reported consolidated revenue of ₹63,681 crore in FY26, with a PAT of ₹5,118 crore, reflecting a 7% year-on-year growth. PAT before exceptional items stood at ₹5,212 crore. Consolidated EBITDA grew 11% year-on-year to ₹16,090 crore. On a standalone basis, the company reported revenue of ₹12,969 crore, PAT of ₹1,125 crore, and EBITDA of ₹4,369 crore. The Board declared a dividend of ₹2.50 per equity share, with a total estimated cash outflow of ₹798.83 crore.
| Metric | Consolidated FY26 | Consolidated FY25 |
|---|---|---|
| Revenue | ₹63,681 crore | ₹64,502 crore |
| PAT (before exceptional items) | ₹5,212 crore | N/A |
| EBITDA | ₹16,090 crore | ₹14,468 crore |
| EBITDA Growth | 11% y-o-y | N/A |
| PAT Growth | 7% y-o-y | N/A |
| Net Debt/Equity | 1.18 times | 1.05 times |
| Net Debt/Underlying EBITDA | 3.34 times | 2.93 times |
| RoE | 11.6% | 12.8% |
Operational Highlights
Tata Power operates a diversified 16,716 MW generation portfolio, of which 7,856 MW (47%) is derived from clean and green sources. The company commissioned 2,452 MW of renewable energy projects in FY26, up 26% year-on-year. The 4.3 GW solar cell and module manufacturing plant at Tirunelveli produced 3,825 MW of modules and 3,759 MW of cells during the year, operating at industry-leading yields of over 95%. The company crossed 3,70,000 rooftop solar installations, with cumulative capacity exceeding 4.8 GWp, maintaining its position as India's No. 1 rooftop solar provider for eleven consecutive years.
| Operational Parameter | FY26 Data |
|---|---|
| Total Installed/Managed Capacity | 16,716 MW |
| Clean & Green Capacity | 7,856 MW (47%) |
| RE Projects Commissioned | 2,452 MW |
| Solar Module Production | 3,825 MW |
| Solar Cell Production | 3,759 MW |
| Rooftop Solar Installations | 3,70,000+ |
| Cumulative Rooftop Capacity | 4.8+ GWp |
| Distribution Customer Base | 13.1+ million |
| EV Home Chargers Installed | 2,00,000+ |
| Public/Semi-public Charging Points | 5,800+ |
| Total Capex (incl. SCA) | ₹15,979 crore |
| CSR Expenditure (Group) | ₹100.54 crore |
Strategic Developments
During FY26, Tata Power entered into joint ventures with Druk Green Power Corporation (DGPC) for the development of the 600 MW Khorlochhu Hydro Power Project and the 1,125 MW Dorjilung Hydropower Project in Bhutan, acquiring 40% equity stakes in each. Construction on the 1,000 MW Bhivpuri Pumped Storage Project in Maharashtra is underway, with commissioning targeted for CY 2029. The company also executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the Mundra Thermal Power Plant, effective April 1, 2025. The Integrated Annual Report is available on the company's website and on the NSDL e-voting platform.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE245A01021/fd4e23a5-e816-48d6-80b7-2389fe06835a.pdf
Historical Stock Returns for Tata Power
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.32% | -3.54% | -9.57% | -4.55% | -7.73% | +210.21% |
How will the increase in Net Debt/Equity ratio impact Tata Power's ability to fund future renewable expansion?
What are the expected revenue contributions from the new Bhutan hydro joint ventures once commissioned?
Will the company maintain the current dividend payout ratio given the rising leverage and capital expenditure requirements?
16
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
