Tata Power Co. vs JSW Energy: share price, P/E, ROE and financials compared
Tata Power Co.
JSW Energy
Tata Power Co. and JSW Energy at a glance
Tata Power Co. and JSW Energy are both listed in Power. Tata Power Co. is the larger by market cap, at ₹1.1L Cr against ₹96,224 Cr for JSW Energy. On valuation, Tata Power Co. has the lower P/E (29.2× against 41.3×), while JSW Energy has the lower price-to-book (2.62× against 2.85×). On returns and margins, Tata Power Co. has the higher ROCE (8.5% against 7.3%) and the higher ROE (10.0% against 7.8%), while JSW Energy has the higher operating margin (53.4% against 20.4%). Over three years, JSW Energy has faster 3-year sales growth (+23.5% against +4.1% a year) and faster 3-year profit growth (+14.9% against +3.9% a year). Tata Power Co. carries less debt for its equity, with a debt-to-equity of 1.68× against 2.07×.
Key metrics, side by side
| Metric | Tata Power Co.TATAPOWER | JSW EnergyJSWENERGY |
|---|---|---|
| Price (₹) | 352.50 | 524.95 |
| Market cap (₹ Cr) | 1,12,636 | 96,224 |
| P/E | 29.2× (the lower figure, shaded) | 41.3× |
| P/B | 2.85× | 2.62× (the lower figure, shaded) |
| Dividend yield, trailing | 0.71% (the higher figure, shaded) | 0.38% |
| ROE | 10.0% (the higher figure, shaded) | 7.8% |
| ROCE | 8.5% (the higher figure, shaded) | 7.3% |
| Operating margin (OPM) | 20.4% | 53.4% (the higher figure, shaded) |
| Net margin (NPM) | 6.1% | 11.5% (the higher figure, shaded) |
| Sales CAGR 3Y | +4.1% | +23.5% (the higher figure, shaded) |
| Profit CAGR 3Y | +3.9% | +14.9% (the higher figure, shaded) |
| Debt to equity | 1.68× (the lower figure, shaded) | 2.07× |
| Interest cover | 2.3× (the higher figure, shaded) | 1.4× |
| Net profit TTM (₹ Cr) | 3,863 | 2,319 |
| 1Y return | −9.0% | −0.9% (the higher figure, shaded) |
| Promoter holding | 46.86% | 66.53% |
Tata Power Co. vs JSW Energy: common questions
Which is bigger, Tata Power Co. or JSW Energy?
By market cap, Tata Power Co. is bigger at ₹1.1L Cr, against ₹96,224 Cr for JSW Energy (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹3,863 Cr for Tata Power Co. and ₹2,319 Cr for JSW Energy.
Which has a lower P/E ratio, Tata Power Co. or JSW Energy?
Tata Power Co. trades at a P/E of 29.2× and JSW Energy at 41.3×. Tata Power Co. 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, Tata Power Co. or JSW Energy?
Tata Power Co. reports a return on equity of 10.0% and JSW Energy 7.8%. Tata Power Co. has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Tata Power Co. or JSW Energy?
Over the last three years: Sales grew +4.1% a year at Tata Power Co. and +23.5% at JSW Energy, so JSW Energy grew sales faster; profit grew +3.9% a year at Tata Power Co. and +14.9% at JSW Energy, so JSW Energy grew profit faster. Past growth doesn’t predict future growth.