Tata Power and Adani Power are two major players shaping India’s energy sector, with Tata focusing on diversified and renewable energy, while Adani centers on large-scale thermal power. They also differ in their financial strategies, dividend policies, and expansion plans.
Established in 1919 and headquartered in Mumbai, Tata Power Company Limited, a key entity of the Tata Group, is India’s largest integrated power company, with operations spanning the entire power value chain—including generation, transmission, distribution, and trading. The company has a diverse energy portfolio that includes both conventional and renewable sources, with a growing focus on clean and sustainable energy.
Established in 1996 and headquartered in Ahmedabad, Adani Power Limited is a major player in India’s energy sector and forms part of the diversified Adani Group. Primarily focused on thermal power generation, the company has established a strong presence with large-scale coal-based power plants across several Indian states.
Financial Highlights, Dividend Comparison & Operational Metrics
Tata Power reported a 7.88 percent YoY increase in revenue from Rs. 15,847 Crore in Q4FY24 to Rs. 17,096 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 11.07 percent in revenue from Rs. 15,391 Crore in the previous quarter.
Their Net profit saw an increase of 24.85 percent YoY from Rs. 1,046 Crore to Rs. 1,306 Crore for the same period. On a QoQ basis, the company reported an increase of 9.93 percent in Net profit from Rs. 1,188 Crore in the previous quarter.
Adani Power reported a 6.53 percent YoY increase in revenue from Rs. 13,364 Crore in Q4FY24 to Rs. 14,237 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 4.14 percent in revenue from Rs. 13,671 Crore in the previous quarter.
Also read: 500% Dividend: Stock jumps 5% announcing 1,050% YoY net profit growth and dividend
Their Net profit saw a decrease of 5.04 percent YoY from Rs. 2,737 Crore to Rs. 2,599 Crore for the same period. On a QoQ basis, the company reported a decrease of 11.59 percent in Net profit from Rs. 2,940 Crore in the previous quarter.
Adani Power has no recent history of paying out dividends, However, Tata Power pays out a consistent dividend with a payout ratio of around 18 percent for the last 3 years and a current dividend yield of 0.49%.
Tata Power currently operates with an installed capacity of 15,733 MW, while an additional 9,935 MW is under construction. This brings the company’s total capacity—operational plus under construction—to 25,668 MW. The company also has Clean & Green Energy Capacity of 16,800 MW, including under construction projects
Adani Power currently has an operational capacity of 17,550 MW, with an additional 13,120 MW under construction. This brings its total capacity, combining both operational and ongoing projects, to 30,670 MW.
Summary
Tata Power and Adani Power are leading players in India’s energy sector with different strategic approaches. Tata Power is more focused on renewable energy, while Adani Power focuses on large-scale thermal power projects, while renewables are handled by Adani Green.
In the latest quarter, Tata Power reported strong financial performance, with growth in both revenue and Net profit, along with consistent dividend payouts. Adani Power, meanwhile, saw a rise in revenue but a decline in net profit and has no recent dividend history.
Written By Abhishek Das
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
