TATAPOWER

Tata Power posted 13% YoY revenue growth in Q1 FY26, driven by renewables and transmission segments. Solar EPC and EV charging businesses continue to scale. The company plans to double renewable capacity by FY30, aligning with India’s green energy goals. Debt reduction remains on track. At ~22x FY26 EPS, valuations are reasonable for a long-term sustainability play. Tata Power remains a leader in India’s energy transition story.