Tata Power Company Limited · NSE:TATAPOWER
Tata Power — The Tata Power Company — Q1 FY2026 Earnings Presentation
66 slides from Tata Power's earnings presentation, Aug 1, 2025
Slide 1: The Tata Power Company Limited Financial Results Q1 FY26
The Tata Power Company Limited F I N A N C I A L R E S U LT S – Q 1 F Y 2 6 1 AUGUST 2025
Slide 2: Disclaimer
Disclaimer This document does not constitute or form part of and should not be construed as a prospectus, offering circular or offering memorandum or an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company or any of its subsidiaries or affiliates in any
Slide 3: Agenda
Agenda 04 About Tata Power 10 Sustainability: Manifesting a Greener Tomorrow 22 Industry Highlights 29 Business Highlights 42 Operational & Financial Highlights 46 Annexures 63 What sets us Apart
Slide 4: About: Tata Power Company Limited (TPCL)
About: Tata Power Company Limited (TPCL) 4 tatapower.com tatapower.com
Slide 5: India's largest vertically-integrated power company
India’s largest vertically-integrated power company Generation New-age Energy Solutions Generation ~26.03 GW ~17.2 GW ~8.9 GW Total Capacity Clean & Green Energy Thermal energy generation (Operational + Under construction) (Including 10.2 GW Under Construction) (Installed capacity) Transmission Dist
Slide 6: Generation, Transmission and Distribution assets spread across India
Generation, Transmission and Distribution assets spread across India Capacity Mix (Domestic + 8,860 MW 1,034 MW 880 MW Thermal Wind Hydro International) 26,026 MW 443 MW 4,610 MW 10,199* MW Clean & Green capacity Total capacity Waste Heat Solar (Operational + Under construction) Recovery /BFG under
Slide 7: Assets located outside India
Assets located outside India Georgia, Adjaristsqali Bhutan, Dagachhu 187 MW 50% Bhutan, Khorlochhu 126 MW 26% Installed capacity TPCL stake 600 MW 40% Installed capacity TPCL stake Pipeline capacity TPCL stake Indonesia Coal Mines Coal mines Tata Power Share % Kaltim Prima Coal (KPC) 30% 78 MT Zambi
Slide 8: Financial performance consistently improving over the years
Financial performance consistently improving over the years Revenue (in ₹ Cr) EBITDA (in ₹ Cr) Underlying EBITDA (in ₹ Cr) 17,464 3,930* 4,060** Q1FY26 Q1FY26 Q1FY26 FY25 64,502 FY25 14,468 FY25 15,261 FY24 61,542 FY24 FY24 12,701 13,878 FY23 56,033 FY23 10,068 FY23 13,268 FY22 42,576 FY22 8,192 FY2
Slide 9: Clean & Green to account for ~66% capacity post project completions
Clean & Green to account for ~66% capacity post project completions Tata Power Capacity Current Operational Capacity share (IN MW) (IN %) 3% 5% 5% 3,049 26,026 5% Thermal 2,800 Solar 56% Hydro 1,902 26% Wind 1,725 724 15,827 45 679 Hybrid 880 443 WHRS 835 4,085 Capacity share post completion of 8,86
Slide 10: Sustainability: At the core of all that we do
Sustainability: At the core of all that we do Water Zero Waste Net Zero Neutral to Landfill By 2045 By 2030 By 2030 10 tatapower.com tatapower.com
Slide 11: Our sustainability aspirations
E Our sustainability aspirations Become Net Zero Become Water Zero Waste to Landfill No Net Loss to Leverage technology to by 2045 Neutral by 2030 by 2030 Biodiversity by 2030 create the 'Utility of the Future’ (IOT, Smart Grids, BESS, Green H2, robotic panel S cleaning etc.) Education : Employabili
Slide 12: Taking leaps towards our ESG goals
Taking leaps towards our ESG goals Bas el i ne Progres s Target Pa rti cul ars Des cri pti on On goi ng acti ons Val ue Year Val ue Val ue Year Year • ~ 44% Clean and Green Capacity Clean & Green portfolio 16%* 2015 44% 2025 70% 2030 • ~ 65% Clean and Green Capacity, post project completions Net Zer
Slide 13: Achieving 100% Clean & Green power generation by 2045
Achieving 100% Clean & Green power generation by 2045 2015 2025 2030 2045 Largely a coal-based company, Transitioning towards a Clean & Green capacity will Transition away from thermal having capacities to fulfil the clean and green portfolio account for at least 70% of our portfolio in 2045* as Pow
Slide 14: Gradually improving our ESG ratings
Gradually improving our ESG ratings 2025 2024 2023 2022 2021 2020 2019 B B B C C D CDP – Climate Change B-* B B B B C F CDP – Water S&P - CSA 68 68 67 67 67 - 48 (Higher score is better) A A BBB BBB BB BB BB MSCI 40.0 37.4 38.5 41.2 38.6 - - Sustainalytics (Lower score is better) As at 30th Jun 2025
Slide 15: Powering Biodiversity Conservation
Powering Biodiversity Conservation Present across 5 Ecosystems Biodiversity Action Plans for all sites TNFD pilot completed No Net Loss for Biodiversity Action plan for 60 solar sites & 22 wind sites Active partnerships with Government bodies, CII – IBBI, IUCN, SNEHA NGO, ICICI Foundation, Godrej 15
Slide 16: Empowering Communities
Empowering Communities 47.54 8.26 lakhs lakhs (FY25) Outreach FY26(Q1) Reaching out by Strengthening Public Private Improving Far Reaching Community Institutions Partnerships access Impact on (Collaboration & & creating Community Leverage) opportunities and Co- ownership 110+ Districts in 18 states
Slide 17: Key Programmes Footprint and Inclusion Focus
Key Programmes Footprint and Inclusion Focus CSR footprint Tata Power footprint Density areas TP presence 19 110+ 18 Aspirational Districts Districts States AA Density map 17
Slide 18: Thought Leadership for Social Inclusivity
Thought Leadership for Social Inclusivity NGOs • Pay Autention Bridgital Network, the toll-free helpline, purple directory, and E-Sanidhya web platform promotes Clinical phygital support services and capability-building for facilities Corporates neurodiverse individuals & care-givers; easing home-ca
Slide 19: Institutional Structures and Systems
Well-established structure to monitor Sustainability Goals Our CSR and Sustainability Committee at the Board level guides the strategy, and the Apex Leadership Team enables its impactful implementation Leadership and Oversight on Sustainability Advocacy Leadership Initiatives that are based with car
Slide 20: Robust Governance Structure in place
Robust Governance Structure in place Governance policies Audit Committee ✓ Tata Code of Conduct ✓ Code of Conduct for Independent Directors ✓ Code of Conduct for Non-Executive Directors Nomination and ✓ Related Party Transactions Policy, Framework & Guidelines Remuneration Committee ✓ Whistle Blower
Slide 21: Awards & Recognition
Awards & Recognition Inclusive screening of Tanvi The Great. Hosted by Tata Power in partnership with @anupamkherstudio and as part of #PayAutention Award for India's largest Energy Literacy movement – Club Enerji Eco Crew Collaboration with Trent for 1000+ Tiara orders from Anokha Dhaaga for their
Slide 22: Industry Highlights
Industry Highlights 22 tatapower.com tatapower.com
Slide 23: Power Demand fell 1.3% Y-o-Y in Q1FY26 due to unfavourable base
Power Demand fell 1.3% Y-o-Y in Q1FY26 due to unfavourable base India has one of the lowest power Ratio of Power Generation Monthly Energy Requirement Coal-based plants' PLF % consumption per capita Growth to GDP growth above (IN BUs) (IN %) (IN KW H) 1.0x in the past 5 years 30,000 175.0 25% 85% 7%
Slide 24: RE accounted for 88% of Capacity additions in India during Q1FY26
RE accounted for 88% of Capacity additions in India during Q1FY26 Renewables (incl. Hydro) continue to Total Installed Capacity in India ~9.3 GW added in Jun25 16.5 GW added in Q1FY26* account for bulk of new capacity currently stands at 485 GW (IN GW) (IN GW) additions in Q1FY26 (IN GW) (IN %) 10.0
Slide 25: Cell & Module Prices Broadly stable at trough level; Indonesia Coal Declines
Cell & Module Prices Broadly stable at trough level; Indonesia Coal Declines Price Movement of Polysilicon & Price Movement* of Solar Cell & Thermal Coal Prices (US$/t) Wafer Module 42 1.4 0.31 500 35 1.2 450 0.26 1.0 400 28 0.21 350 0.8 300 21 0.16 0.6 250 14 200 0.4 0.11 0.09 150 5.59 106.52 7 0.0
Slide 26: Q1FY26 Sees 13 GW of RE Auctions
Q1FY26 Sees 13 GW of RE Auctions Minimum e-reverse auction tariff’s in Q1FY26 Renewable energy auction volumes (₹/kWh) (GW) 60.0 1.7 5.3 1.4 6.2 50.0 0.6 5.1 7.3 4.8 4.4 4.4 10.6 40.0 5.4 4.3 4.1 4.1 0.8 2.5 9.3 3.6 3.8 3.8 3.6 30.0 3.6 3.3 3.3 3.3 3.3 3.4 6.6 3.2 3.2 3.3 3.4 3.4 3.2 3.2 20.0 3.1 2.
Slide 27: Transmission auction bids should continue to gain momentum in FY26
Transmission auction bids should continue to gain momentum in FY26 ₹9.3 tn transmission Capex anticipated in India Transmission auction bids expected to further rise between FY25-32E in FY26 (IN ₹ Bn) Intra-State, FY26 Expected Bids ₹2.7 tn 1,577 Transmission Auction (₹ bn) Inter-State Transmission
Slide 28: India Distribution: On the mend but concerns remain
India Distribution: On the mend but concerns remain All India AT&C losses (%) have risen in FY24 after RDSS and LPS have helped reduce DISCOM overdues declining in the past two years (IN ₹ Cr) All India basis 1,05,330 1,02,780 83,716 26.6 25.7 25.5 59,127 23.7 23.7 22.6 22.3 21.6 21.5 20.7 25,016 26
Slide 29: Business Highlights
Business Highlights 29 tatapower.com tatapower.com 102MW Floating Solar Plant, Kayamkulam, Kerela
Slide 30: Q1FY26: Key Highlights
Q1FY26: Key Highlights Key 904 MW Highlights of cells produced with Yield of 89% & 949 MW of Tata Power Mumbai Distribution Reinforces Green Tata Power achieves record 45,500 Rooftop Installations Tata Power and Tata Motors Ink Deal for 131 MW Wind-Solar Odisha DISCOMs AT&C reduced by 3.5% (on an Mo
Slide 31: Solar Rooftop – Q1FY26 Highlights
Solar Rooftop – Q1FY26 Highlights 3 rd Party Rooftop Order Book Revenue of 3 rd Party Rooftop (In ₹ Cr) (In ₹ Cr) 823 1,029 Q1 FY26 823 Q4 FY25 864 1,242 1036 Q1 FY25 399 Order book Orders Q1 Order book at the end received Revenue at the end of Q4 FY25 in Q1 of Q1 FY26 Share of Residential Rooftop h
Slide 32: Tata Power – EZ Charge
Tata Power – EZ Charge* Cities and towns covered** Public and Captive Charging Points 641 620 5,571 5,488 5,488 555 541 430 3,778 1,128 FY 22 FY 23 FY 24 FY 25 Q1 FY26 FY 22 FY 23 FY 24 FY 25 Q1 FY26 Home Chargers Bus Charge Points 1,51,657 1,238 1,238 1,36,777 858 86,086 38,899 234 13,107 84 FY 22
Slide 33: Odisha Discoms – Q1 FY26 Highlights
Odisha Discoms – Q1 FY26 Highlights STRONG OPERATIONAL PERFORMANCE ACROSS ALL DISCOMS THEFT METERS SUBSTATIONS PRE-TAKEOVER Smart Meters REDUCING AT&C LOSSES => LOAD REPLACED AUTOMATED (No’s) ARREARS (MWp) (in lakhs) COLLECTED (₹Crs) Installed till PROMISING GROWTH Date (Excl. past arrears) Q1 Up t
Slide 34: Key T&D segments have reported robust PAT growth over the years
Key T&D segments have reported robust PAT (₹ Cr) growth over the years 240 209 303 318 316 183 162 227 147 197 FY 21 FY 22 FY 23 FY 24 FY25 FY 21 FY 22 FY 23 FY 24 FY25 Mumbai Distribution Mumbai Transmission 843 439 308 453 236 253 428 439 440 FY 22 FY 23 FY 24 FY25 FY 21 FY 22 FY 23 FY 24 FY25 TPD
Slide 35: PM Surya Ghar Yojna (PMSGY): Will be the focus area for coming years
PM Surya Ghar Yojna (PMSGY): Will be the focus area for coming years Salient features of PMSGY Scheme Why The Scheme Works 1 Cr Sr. No. Type of Residential Segment Central Financial Assistance (CFA) Cost to Customer Households with Solar Rooftops ✓ Attractive subsidies till 3 kW 1 Up to 2 kW ₹30,000
Slide 36: Tata Power has been ranked #1 Solar Rooftop EPC company
Tata Power has been ranked #1 Solar Rooftop EPC company Rooftop Solar has grown at 47% CAGR India has 18.42 GW of installed solar rooftop capacity as on *CY24 between 2020-24 (In MW) (In MW) 6,387 5,152 9,900 3,368 2,357 Residential Commercial Industrial 2,855 2,640 2,196 Split by Business Model 731
Slide 37: Tata Power has recently received a LoA for SJVN 88MW RTC Project
Tata Power has recently received a LoA for SJVN 88MW RTC Project SJVN 460MW* NTPC 200MW* MSEDCL 400MW* PH IV SJVN RTC 88MW* FDRE FDRE Hybrid Hybrid Tariff (₹/unit) 4.38 4.71 3.60 4.91 e-RA date 7 Nov 2023 22 Mar 2024 16 Aug 2024 27 Feb 2025 Installed capacity (MW) 1,317 MW 585 MW 501 MW 272 MW Tende
Slide 38: Pumped Storage Hydro Plants (PSP) - Project Update
Pumped Storage Hydro Plants (PSP) - Project Update SHIRWATA PSP BHIVPURI PSP Key Highlights Key Highlights 1,000 MW 1,800 MW Type Type Existing Off-stream Off-stream Upper Reservoir Upper Reservoir Thokarwadi ~348 MCM New -15 MCM (million cubic meters) Lower Reservoir Lower Reservoir Existing Shirwa
Slide 39: MoU with Druk Green Power to develop 5,100 MW clean energy projects in Bhutan
MoU with Druk Green Power to develop 5,100 MW clean energy projects in Bhutan 364 MW 1,125 MW 15 GW 600 MW Bhutan’s vision 2040 for hydro Bhutan Existing hydro 5 GW station Chamkharchhu IV Proposed Hydro Bhutan’s vision 2040 for solar 740 MW HPP Power Plants (HPP) Dorjilung Khorlochhu Potential Plan
Slide 40: Construction has begun at the ₹6,900 Cr Khorlochhu HPP
Construction has begun at the ₹6,900 Cr Khorlochhu HPP that is expected to be commissioned in Sept 2029 Khorlochhu hydro power project details 600 MW 1.12% Total project capacity Aux power consumption 40% >95% Tata Power Stake Availability 90.62% 48% Average TG efficiency Plant load factor 752.20 M
Slide 41: 2/3rd of transmission projects are expected to commission in CY25
2/3rd of transmission projects are expected to commission in CY25 Year Project Tata Power Stake Under Construction Capex Date Of Commissioning Revenue 2027 Gopalpur Transmission Limited 100% 377 Ckt Kms ₹2,671 Cr December, 2027 ₹310 Cr Paradeep Transmission 100% 384 Ckt Kms ₹2,291 Cr November, 2026
Slide 42: Operational & Financial Highlights
Operational & Financial Highlights 42 tatapower.com tatapower.com
Slide 43: Q1 FY26 Operational Highlights
Q1 FY26 Operational Highlights Generation - Availability Plant Load or Capacity Utilization Factor AT&C Losses - Distribution IN % IN % IN % 100 100 100 100 98 98 99 98 98 98 83 94 7.8 92 90 77 7.6 73 7.4 7.4 85 73 81 71 70 5.4 4.5 46 45 30 27 26 25 24 22 0.6 0.2 13 (0.4) Thermal Mundra MO Hydro WIN
Slide 44: Financial Highlights – Q1 FY26
Financial Highlights – Q1 FY26 (IN ₹ Cr) Posted Y-o-Y PAT growth for the 23rd consecutive quarter Revenue EBITDA* Underlying EBITDA 3.9% 17.3% (including share of JVs and Associates) 11.6% 0.8% 2.6% 3.8% Q1 FY26 17,464 Q1 FY26 3,930 Q1 FY26 4,060 Q4 FY25 17,328 Q4 FY25 3,829 Q4 FY25 3,911 Q1 FY25 16
Slide 45: Comfortable Debt Position For Sustainable Growth
Comfortable Debt Position For Sustainable Growth Net Debt Net Debt has increased Q-o-Q due to higher capex and WC requirements (IN ₹ Cr) (IN ₹ Cr) 44,672 3,701 47,578 1,437 43,877 Q1 FY26 47,578 1,395 276 Q4 FY25 44,672 -3,584 -320 Q1 FY25 42,467 Balance Sheet continues to be strong Q4 FY25 Net Debt
Slide 46: Annexures
Annexures 46 tatapower.com tatapower.com 126MWp Floating Solar Omkareshwar, Madhya Pradesh
Slide 47: Entity-wise Consolidated Performance – Q1 FY26
Entity-wise Consolidated Performance – Q1 FY26 ₹ Crore unless stated Particulars Op Income EBITDA^^ PAT Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Consolidated before exceptional items 17,464 16,810 3,930 3,350 1,262 1,189 Standalone & Key Subsidiaries Tata Power (Standalone) 5,148 5,493 1,472
Slide 48: Cluster-wise Consolidated Performance – Q1 FY26
Cluster-wise Consolidated Performance – Q1 FY26 ₹ Crore unless stated Particulars Op Income EBITDA^^ PAT Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Consolidated before exceptional items 17,464 16,810 3,930 3,350 1,262 1,189 Thermal Generation, Coal and Hydro 4,844 5,217 974 947 502 548 Maithon
Slide 49: Tata Power (Consolidated) Performance
Tata Power (Consolidated) Performance ₹ Crore unless stated Particulars Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Higher execution in renewables and EPC projects partially offset by Operating Income 17,464 16,810 654 lower PLF in MO-G & MPL and lower sales across Discoms Operating Expenses 13,896
Slide 50: Tata Power (Standalone) Financial Performance
Tata Power (Standalone) Financial Performance ₹ Crore unless stated Particulars Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Lower Power tariffs, interest entitlements and operational Operating Income 5,148 5,493 (345) gains across MO-D & MO-G partially offset by Higher coal FOB prices and annual av
Slide 51: Maithon Power Limited - Highlights
Maithon Power Limited - Highlights ₹ Crore unless stated Particulars Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Generation (MUs) 1,832 2,067 (235) Sales (MUs) 1,830 2,042 (212) Availability (%) (Plant) 95% 99% PLF (%) 80% 90% Financials Lower Plant availability and PLF due to Operating Income 771
Slide 52: Prayagraj Power Generation Co. Ltd. - Highlights
Prayagraj Power Generation Co. Ltd. - Highlights ₹ Crore unless stated Particulars Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Generation (MUs) 3,525 3,549 (24) Sales (MUs) 3,327 3,354 (27) Availability (%) 98% 90% PLF % 82% 82% Financials Operating Income 1,342 1,358 (16) Lower merchant sales Oper
Slide 53: Tata Power Delhi Distribution Ltd. - Highlights
Tata Power Delhi Distribution Ltd. - Highlights ₹ Crore unless stated Particulars Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Purchase (MUs) 3,297 3,362 (65) Sales (MUs) 3,115 3,165 (50) Revenue Per Unit 7.6 10.0 (2.4) PPC Per Unit 5.6 7.2 (1.6) AT&C losses (%) 4% 7% Financials Lower power demand d
Slide 54: Q1 FY26 Odisha Discoms – Highlights
Q1 FY26 Odisha Discoms – Highlights ₹ Crore unless stated Particulars TPCODL TPSODL TPWODL TPNODL Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Purchase (MUs) 3,538 3,622 1,248 1,286 2,963 3,320 2,096 2,141 Sales (MUs) 2,826 2,860 968 971 2,478 2,750 1,844 1,838 Revenue per unit 5.
Slide 55: RE Generation
RE Generation* ₹ Crore unless stated Particulars Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Capacity - Total (MW) 5,634 4,768 866 Capacity - Wind (MW) 1,030 1,030 - Capacity - Solar (MW) 4,604 3,737 867 Generation (MUs) 3,011 2,515 496 Sales (MUs) 2,928 2,449 479 Avg PLF (%) - Solar 24.4% 25.8% Av
Slide 56: Solar EPC – Highlights
Solar EPC* – Highlights ₹ Crore unless stated Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Operating Income 2,508 2,171 337 -Large projects & Group Captive 1,685 1,772 (87) Lower execution from In house projects offset by higher -Solar Rooftop 823 399 424 execution from 3rd party projects Operating
Slide 57: TP Solar (4.3GW Cell & Module Plant) – Highlights
TP Solar (4.3GW Cell & Module Plant) – Highlights ₹ Crore unless stated Particulars Q1 FY26 Q1 FY25 Var Quarter Variance Remarks Module produced (MW) 949 614 335 Module sold (MW) 966 593 373 Cell produced (MW) 904 - 904 Financials Operating Income 1,613 1,068 545 Full ramp up of cell & module produc
Slide 58: Renewables – Consolidated View
Renewables – Consolidated View ₹ Crore unless stated Key Parameters - Renewables Q1 FY26 Q1 FY25 Revenue 3,626 2,382 EBITDA 1,567 954 PAT (before exceptional items) 531 273 Gross Debt 31,254 22,881 Net Debt 29,091 22,607 Net Worth 13,992 13,190 58 tatapower.com tatapower.com
Slide 59: Regulated Equity
Regulated Equity ₹ Crore unless stated Particulars Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 -Generation Mumbai Generation 1,736 1,425 1,717 1,718 1,738 Jojobera 551 551 551 551 551 Maithon Power Limited (100%) 1,665 1,643 1,643 1,684 1,684 Industrial Energy Limited (100%) 723 723 722 721 721 -Transmi
Slide 60: Regulated Assets
Regulated Assets ₹ Crore unless stated Particulars Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 -Generation Mumbai Generation 779 834 714 694 711 Jojobera 33 32 38 39 34 Maithon Power Limited (100%) (202) (326) (332) (311) (291) -Transmission Mumbai Transmission 1,637 1,711 1,534 1,455 1,361 -Distributio
Slide 61: Key Segments - Debt Profile
Key Segments - Debt Profile ₹ Crore unless stated Total Gross Debt (LT + ST) Company Quarterly movement Remarks Q1 FY26 Q4 FY25 QoQ Q1 FY25 YoY Tata Power (Standalone) 16,965 16,777 188 19,072 (2,107) Maithon 1,426 1,276 150 1,402 24 Coal SPVs + TPIPL 3,799 4,001 (202) 4,177 (378) RE Gencos 26,571 2
Slide 62: Tata power - Debt Profile
Tata power - Debt Profile ₹ Crore unless stated Consolidated Particulars Q1 FY26 Q4 FY25 Q1 FY25 Rupee Forex Total Total Total Long term 47,877 854 48,730 44,130 38,424 Short term 2,399 203 2,602 4,496 6,529 Current Maturity of LT 6,073 2,743 8,816 9,520 7,444 Total Debt 60,148 58,146 52,397 Less: C
Slide 63: What sets us apart
What sets us apart
Slide 64: Deeply entrenched power company with history of more than 100 years
Deeply entrenched power company with history of more than 100 years 1910-1955 2012-2013 2014-2015 2023 2025 2021 • 1910: Incorporated as • 2014: Entered into • Took over the distribution • Received second tranche of • Tata Power crosses 1GW of RE Tata Hydroelectric Power • 2012: Commissioned 2nd ₹2,
Slide 65: Diversified business and hence stable margins
Diversified business and hence stable margins Revenue (₹ Cr) EBITDA (₹ Cr) Net Debt (₹ Cr) PAT*** (₹ Cr) Tata Power Company Limited (TPCL) Q1FY26 17,464 3,930 47,578 1,262 Thermal Generation, Renewables^ Transmission and Eliminations/ Others Coal & Hydro Distribution (Incl. corporate taxes, expenses
Slide 66: Thank You!
Thank You! www.tatapower.com w w w . t a t a p o w e r. c o m I N V E S TO R R E L AT I O N S T E A M : Mr. Soundararajan Kasturi Mr. Rajesh Lachhani Chief – Treasury & Investor Relations Head – Investor Relations Email: kasturis@tatapower.com Email: rajesh.lachhani@tatapower.com
The Tata Power Company — Q1 FY2026 Earnings Presentation on 6ix