Adani Power vs Tata Power Co.: share price, P/E, ROE and financials compared
Adani Power
Tata Power Co.
Adani Power and Tata Power Co. at a glance
Adani Power and Tata Power Co. are both listed in Power. Adani Power is the larger by market cap, at ₹3.9L Cr against ₹1.1L Cr for Tata Power Co. (3.5 times as large). On valuation, Adani Power has the lower P/E (21.6× against 29.2×), while Tata Power Co. has the lower price-to-book (2.85× against 5.13×). On returns and margins, Adani Power has the higher ROCE (15.1% against 8.5%), the higher ROE (27.0% against 10.0%) and the higher operating margin (38.7% against 20.4%). Over three years, Adani Power has faster 3-year sales growth (+12.5% against +4.1% a year) and faster 3-year profit growth (+6.2% against +3.9% a year). Adani Power carries less debt for its equity, with a debt-to-equity of 0.80× against 1.68×.
Key metrics, side by side
| Metric | Adani PowerADANIPOWER | Tata Power Co.TATAPOWER |
|---|---|---|
| Price (₹) | 204.29 | 352.50 |
| Market cap (₹ Cr) | 3,93,967 | 1,12,636 |
| P/E | 21.6× (the lower figure, shaded) | 29.2× |
| P/B | 5.13× | 2.85× (the lower figure, shaded) |
| Dividend yield, trailing | 0.00% | 0.71% (the higher figure, shaded) |
| ROE | 27.0% (the higher figure, shaded) | 10.0% |
| ROCE | 15.1% (the higher figure, shaded) | 8.5% |
| Operating margin (OPM) | 38.7% (the higher figure, shaded) | 20.4% |
| Net margin (NPM) | 28.0% (the higher figure, shaded) | 6.1% |
| Sales CAGR 3Y | +12.5% (the higher figure, shaded) | +4.1% |
| Profit CAGR 3Y | +6.2% (the higher figure, shaded) | +3.9% |
| Debt to equity | 0.80× (the lower figure, shaded) | 1.68× |
| Interest cover | 6.2× (the higher figure, shaded) | 2.3× |
| Net profit TTM (₹ Cr) | 18,222 | 3,863 |
| 1Y return | +28.8% (the higher figure, shaded) | −9.0% |
| Promoter holding | 74.96% | 46.86% |
Adani Power vs Tata Power Co.: common questions
Which is bigger, Adani Power or Tata Power Co.?
By market cap, Adani Power is bigger at ₹3.9L Cr, against ₹1.1L Cr for Tata Power Co. (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹18,222 Cr for Adani Power and ₹3,863 Cr for Tata Power Co..
Which has a lower P/E ratio, Adani Power or Tata Power Co.?
Adani Power trades at a P/E of 21.6× and Tata Power Co. at 29.2×. Adani Power has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Adani Power or Tata Power Co.?
Adani Power reports a return on equity of 27.0% and Tata Power Co. 10.0%. Adani Power has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Adani Power or Tata Power Co.?
Over the last three years: Sales grew +12.5% a year at Adani Power and +4.1% at Tata Power Co., so Adani Power grew sales faster; profit grew +6.2% a year at Adani Power and +3.9% at Tata Power Co., so Adani Power grew profit faster. Past growth doesn’t predict future growth.