NSE ScannerComparison · NSE · data 2026-11-01
Power Grid Corporation of India Limited vs Tata Power Company Limited
In plain words
Size: Power Grid Corporation of India Limited is about 2.2 times the market value of Tata Power Company Limited.
Valuation (P/E): Tata Power Company Limited 28.6 vs Power Grid Corporation of India Limited 15.5.
Return on equity: Power Grid Corporation of India Limited 16.2% vs Tata Power Company Limited 10%.
Profit growth over 3 years: Tata Power Company Limited 3.9% a year vs Power Grid Corporation of India Limited 1.1% a year.
Debt to equity: Tata Power Company Limited 2.02 vs Power Grid Corporation of India Limited 1.45.
Differences in the numbers, not a recommendation of either stock.
Side by side
| POWERGRID | TATAPOWER | |
|---|---|---|
| Price | ₹265 | ₹345.05 |
| Market cap | ₹2,46,001 cr | ₹1,10,271 cr |
| P/E | 15.5 | 28.6 |
| P/B | — | — |
| ROE | 16.2% | 10.0% |
| ROCE | 9.5% | 6.6% |
| Debt / equity | 1.45 | 2.02 |
| Operating margin | 53.9% | 12.7% |
| Dividend yield | 3.40% | 0.72% |
| Sales growth, 3 years (yearly) | 0.3% | 4.2% |
| Profit growth, 3 years (yearly) | 1.1% | 3.9% |
| 1-year return | -10.6% | -16.1% |
| Revenue, last 12 months | ₹47,033 cr | ₹63,445 cr |
| Net profit, last 12 months | ₹15,896 cr | ₹3,863 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹3,598 cr | ₹1,176 cr |
| Quarter profit vs a year earlier | -0.9% | +11.0% |
| Promoter holding | 51.34% | 46.86% |
| Health check | Average (5.4/10) | Weak (3.9/10) |
Common questions
Which has a higher P/E, Power Grid Corporation of India Limited or Tata Power Company Limited?
Tata Power Company Limited trades at the higher P/E (28.6 against 15.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Power Grid Corporation of India Limited (16.2% against 10.0%).
Which carries more debt?
Tata Power Company Limited has the higher debt-to-equity ratio (2.02 against 1.45).