Tata Power to Announce Q4 2026 Earnings at Upcoming Board Meeting
Tata Power Board Meeting Scheduled for Q4 FY26 Financial Results
The board of directors of Tata Power is set to meet on May 12, 2026, to consider and approve the financial results for the fourth quarter of the financial year 2025-26 (FY26). Additionally, the board will recommend a final dividend, if any, according to an exchange filing dated Wednesday, April 22.
The meeting will review the audited financial results for both the standalone and consolidated companies, as well as recommend a dividend for the financial year ended March 31, 2026. This comes as the company prepares to release its Q4 FY26 earnings.
Brokerages Weigh In on Tata Power's Q4 FY26 Earnings
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Brokerages have issued forecasts for Tata Power's Q4 FY26 earnings, with expectations of a decline in net profit due to higher losses at Mundra. Despite this, the company's earnings from its renewable portfolio are expected to benefit from a higher capacity base and healthy execution at Tata Power Solar.
Kotak Institutional Equities (KIE) has predicted a decline of 8.7% year-on-year (YoY) in net profit to ₹951.6 crore, with a sequential increase of 23.3%. Net sales are expected to fall 8.4% YoY to ₹15,879.6 crore, but rise by 9.6% quarter-on-quarter (QoQ). Margins are seen improving by 349 bps to 24.8% in Q4FY26.
JM Financial has also issued a forecast, predicting a 11% YoY drop in net sales to ₹15,232.6 crore and a 27% drop in profit after tax to ₹746 crore. Depreciation and finance cost are expected to increase due to renewable commissioning.
Tata Power's Dividend History and Share Price Trend
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Tata Power has a history of declaring dividends, with a total of 26 dividends announced since 2001. In the last year, the company recommended a dividend of ₹2.25 per share, resulting in a dividend yield of 0.52%. The company's share price has been in a strong uptrend in recent months, driven by the growth of the power sector.
According to Axis Securities, India's electricity demand has reached 425 BU in Q4FY26, up 1.9% YoY and 8% QoQ. This growth is expected to continue, with Tata Power's share price surging 8% in a month and 24% in three months. On a year-to-date basis, the company's stock has jumped 14%, with a one-year rise of 12%.
| Brokerage | Net Profit Forecast (₹ crore) | Net Sales Forecast (₹ crore) | Margin Improvement (bps) |
|---|---|---|---|
| Kotak Institutional Equities | 951.6 (YoY decline of 8.7%) | 15,879.6 (YoY decline of 8.4%) | 349 |
| JM Financial | 746 (YoY decline of 27%) | 15,232.6 (YoY decline of 11%) | N/A |
Tata Power Share Price
Tata Power shares ended Wednesday's trade at ₹436.05 on the BSE, up 0.08%.
Investor Takeaway
Investors should monitor Tata Power's Q4 earnings announcement for potential impact on the company's financials.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Indian Stocks to Watch: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange, Lenskart Solutions in Market Focus on June 4.
