Which stock is cheaper: ADANIPOWER or TATAPOWER?

Based on Price to Earnings, ADANIPOWER trades at a P/E of 27.6 while TATAPOWER trades at a P/E of 22.2.

Does ADANIPOWER or TATAPOWER have higher ROCE?

ADANIPOWER generates an ROCE of 21.2% compared to TATAPOWER's ROCE of 11.1%.

ADANI POWER LTD (ADANIPOWER) has a market cap of ₹4,04,921 Cr compared to TATA POWER CO LTD (TATAPOWER) with ₹1,16,518 Cr.

Leads (3/5)

₹189.00-1.15%

Market Cap: ₹4,04,921 Cr

₹345.05+0.15%

Market Cap: ₹1,16,518 Cr

Automated quantitative breakdown of fundamental strengths between ADANIPOWER and TATAPOWER.

Attractive ValuationTATAPOWER (P/E 22.2)Trades at lower Price-to-Earnings

Capital EfficiencyADANIPOWER (ROCE 21.2%)Superior operating return on capital

Balance Sheet SafetyADANIPOWERLower debt-to-equity ratio

Shareholder YieldSimilar YieldComparable dividend payouts

Green highlight indicates the stronger metric

Financial Metric	ADANIPOWER	TATAPOWER
Valuation Multiples
Market Capitalization	₹4,04,921 Cr	₹1,16,518 Cr
Price to Earnings (P/E)	27.64	22.17
Price to Book (P/B)	7.64	3.79
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	21.19%	11.06%
Return on Equity (ROE)	29.05%	13.94%
Operating Profit Margin (OPM)	35.78%	19.27%
Net Profit Margin (NPM)	24.33%	6.68%
Balance Sheet & Solvency
Debt to Equity Ratio	0.93	2.59
Dividend Yield	0.00%	20.29%
Historical Growth
3-Year Sales Growth (CAGR)	6.64%	-4.19%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹18,902 Cr	₹19,051 Cr
Quarterly Net Profit	₹4,806 Cr	₹1,176 Cr