Tata Power Q4 Results Preview: Soft Quarter Likely; Solar Portfolio, Dividend To Be Watched

Tata Power Q4 results preview: Tata Group's inferior limb Tata Power Company is scheduled to denote its results for nan 4th and twelvemonth ended connected March 31, 2025 connected Wednesday, May 14. Along pinch nan financial results, nan institution committee whitethorn besides see and denote a dividend for its shareholders.

According to nan analysts search nan stock, Tata Power whitethorn study a decent emergence successful gross connected a year-on-year (YoY) and quarter-on-quarter (QoQ) basis. However, Ebitda maturation whitethorn stay subdued connected nan backmost of contracting margins. Net profit for nan 4th whitethorn autumn connected a sequential ground according to nan brokerage estimates.

Nuvama Institutional Equities pencils Tata Power to timepiece a gross of Rs 19,213 crore successful March 2025 quarter, up 21 per cent YoY and 25 per cent QoQ. Ebitda is seen astatine Rs 3,131.7 crore, up 14 per cent YoY and 2 per cent QoQ. Core profit whitethorn travel successful astatine Rs 1,012.1 crore, up 13 per cent YoY but down 2 per cent QoQ.

"We are expecting a flattish 4th QoQ driven by higher Mundra UMPP procreation (and hence, losses) balanced retired by accrued output from star manufacturing; Tata projects performance/consolidation of EPC/module income is simply a cardinal monitorable going ahead," said Nuvama, which has a 'reduce' standing pinch a target value of Rs 343.

Kotak Institutional Equities expects Tata Power to study a gross of Rs 17,107.8 crore, up 13.2 per cent QoQ and 5.2 per cent YoY. It pencils Ebitda to travel successful astatine Rs 3,084 crore, level sequentially and up 12.5 per cent YoY, while Ebitda separator whitethorn travel successful astatine 18 per cent, falling 235 bps. Net profit whitethorn travel successful astatine Rs 903.5 crore, level YoY but down 12.3 per cent QoQ.

"Earnings from nan renewable portfolio will use from a higher capacity guidelines and beardown execution astatine Tata Power Solar. Contained losses astatine Mundra, arsenic nan works was operating nether nan cost-plus tariff exemplary during nan quarter," said Kotak. It has a 'sell' standing connected Tata Power pinch a target value of Rs 330.

Shares of Tata Power Company jumped astir 2 per cent to Rs 395.80 connected Wednesday, against its erstwhile adjacent astatine Rs 389.15 connected Tuesday. The institution commanded a full marketplace capitalization of much than Rs 1.25 lakh crore. The banal has dropped astir 20 per cent from its 52-week precocious astatine Rs 494.85, deed successful September 2024.

JM Financial is modeling Tata Power's gross astatine Rs 16,044.9 crore, up 1.3 per cent YoY and 4.2 per cent QoQ. Ebitda is seen astatine Rs 3,561.7 crore, up 52.7 per cent YoY and 6.2 per cent QoQ. Net profit whitethorn travel successful astatine Rs 987.9 crore, up 15.3 per cent YoY and 4.2 per cent QoQ. JM Financial has a 'buy' standing connected nan banal pinch a target value of Rs 456.

Elara Capital is expecting Tata Power to timepiece a gross of Rs 16,573.5 crore, up 4.6 per cent YoY and 7.7 per cent QoQ. Ebitda is seen astatine Rs 3,016.4 crore, up 29.4 per cent YoY but down 10 per cent QoQ. Net profit is seen astatine Rs 1,193.5 crore, up 9 per cent YoY but down 4 per cent QoQ.