Tata Power Share Price Falls 1.55% to Rs. 411.90 After Q4 Profit Drops 4%

Overview

• Tata Power share price fell 1.55% to Rs. 411.90 after Q4 FY26 net profit declined 4% to Rs. 996 crore.

• Despite weak quarterly numbers, EBITDA increased 10% to Rs. 4,216 crore, while the company reported its highest-ever annual profit of Rs. 5,118 crore for FY26.

• Brokerages including JM Financial and Motilal Oswal maintained ‘Buy’ ratings with target prices of Rs. 485 and Rs. 490.

Tata Power's share price fell 1.55% to Rs. 411.90 at press time. In early morning trade, the stock felt more pressure, dropping over 4% as investors reacted to the company’s latest earnings report.

Despite today’s dip, the stock remains a long-term winner, giving 96% returns over three years and a huge 281% over the last five years. Brokerages have also maintained a positive stance on it.

Here’s everything you need to know about the Tata Power share price today.

Tata Power Q4 Earnings: A Mixed Bag of Results

The company reported a consolidated net profit of Rs. 996 crore for the fourth quarter of FY26. This is a 4% drop compared to the Rs. 1,043 crore made in the same period last year. Revenue also fell 13% to Rs. 14,900 crore.

On the other hand, the EBITDA (earnings before interest, taxes, depreciation, and amortization) actually rose by 10% to Rs. 4,216 crore. This shows that the core business is becoming more efficient.

For the full year, the company posted its highest-ever annual profit of Rs. 5,118 crore. To reward shareholders, the board has recommended a final dividend of Rs. 2.5 per share, with June 23 set as the record date.

Also Read: SBI Share Price Today Nears Rs. 1,090 Ahead of Q4 Results and Dividend Decision

What Do Top Brokerages Recommend?

While the stock price dropped after the results, experts are optimistic about the company’s future. Most analysts believe the dip is a good buying opportunity because of Tata Power’s focus on clean energy and solar power.

Here are the brokerage ratings for Tata Power shares:

JM Financial pointed out that the 4.9GW cell and module factory and growth in rooftop solar are big wins for the company. Motilal Oswal also highlighted that rooftop solar installations doubled this year. Both brokerages expect this segment to grow by another 50-60% in the coming year.

Current Performance: Tata Power Shares Hit an Intraday Low of Rs. 390.80 

The stock opened at Rs. 391.00, hitting a high of Rs. 413.75 and a low of Rs. 390.80. Tata Power is a leading firm in the energy sector with a market capitalization of Rs. 131,504 crore. The shares’ 52-week high is Rs. 464.90, while the low is at Rs. 342.50.

Tata Power share price chart on Moneycontrol showed a loss of 1.59% during the afternoon trade.

Traders should note that the Volume Weighted Average Price (VWAP) is Rs. 404.51. The stock is currently trading at a Price-to-Earnings (PE) ratio of 34.67, which is close to the sector average of 33.83. For those looking for stability, the Beta is a relatively low 0.88, suggesting it is less volatile than the overall market.

Future Outlook and Strategy

CEO Praveer Sinha is staying focused on the long term. The company is heavily investing in transmission projects and expanding clean energy across Odisha, Delhi, and Mumbai. With the government’s push towards green energy, the demand for solar and customer-focused power solutions is only going to go up.

For traders, the technical support levels are also worth watching. The current pivot point, based on Moneycontrol data, sits at Rs. 423.02, with support levels at Rs. 412.63 (S1) and Rs. 406.87 (S2).

If Tata Power's share price manages to cross its resistance of Rs. 428.78 (R1), we might see a fresh rally. While the Q4 numbers were a bit soft, the fundamental story of renewable energy growth makes this a stock that many experts still want in their portfolios.

Also Read: Coal India Share Price Hits Rs. 473: What Investors Should Know After Q4 Results

FAQs

1. Why did Tata Power shares fall?

Tata Power share price declined after the company reported mixed Q4 FY26 earnings. Net profit fell 4% year-on-year to Rs. 996 crore, while revenue dropped 13% to Rs. 14,900 crore. Investors reacted negatively to the weaker revenue performance, leading to selling pressure in early trade. The stock fell more than 4% intraday before recovering slightly later in the session.

2. How did Tata Power perform in Q4 results?

Tata Power reported a consolidated net profit of Rs. 996 crore in Q4 FY26 compared to Rs. 1,043 crore in the same quarter last year. Revenue from operations came in at Rs. 14,900 crore, down 13% year-on-year. However, EBITDA rose 10% to Rs. 4,216 crore, showing stronger operational efficiency in the core business and renewable energy segments.

3. What target prices have brokerages given for Tata Power shares?

Brokerage firms remain positive on Tata Power despite the recent correction. JM Financial maintained a ‘Buy’ rating with a target price of Rs. 485, implying around 16% upside from current levels. Motilal Oswal also kept its ‘Buy’ rating and gave a target price of Rs. 490, supported by growth in rooftop solar and renewable energy operations.

4. Is Tata Power a good long-term investment?

Many analysts continue to see Tata Power as a strong long-term play because of its focus on clean energy, rooftop solar, and transmission projects. The company has delivered 96% returns in three years and 281% returns in five years. Rising electricity demand and government support for renewable energy may continue to support future growth.

5. What technical levels should traders watch in Tata Power shares?

According to current market data, the pivot point for Tata Power shares is Rs. 423.02. Important support levels are placed at Rs. 412.63 and Rs. 406.87. On the upside, resistance is seen near Rs. 428.78. If the stock moves above this level with strong volumes, traders may see further upward momentum in the near term.