Which stock is cheaper: NHPC or TATAPOWER?

Based on Price to Earnings, NHPC trades at a P/E of 26.7 while TATAPOWER trades at a P/E of 22.2.

Does NHPC or TATAPOWER have higher ROCE?

NHPC generates an ROCE of 7.9% compared to TATAPOWER's ROCE of 11.1%.

NHPC LTD (NHPC) has a market cap of ₹76,724 Cr compared to TATA POWER CO LTD (TATAPOWER) with ₹1,16,518 Cr.

NHPCUtilities

Leads (3/5)

₹77.74+0.70%

Market Cap: ₹76,724 Cr

₹345.05+0.15%

Market Cap: ₹1,16,518 Cr

Automated quantitative breakdown of fundamental strengths between NHPC and TATAPOWER.

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

Capital EfficiencyTATAPOWER (ROCE 11.1%)Superior operating return on capital

Balance Sheet SafetyNHPCLower debt-to-equity ratio

Shareholder YieldNHPC (282.99%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	NHPC	TATAPOWER
Valuation Multiples
Market Capitalization	₹76,724 Cr	₹1,16,518 Cr
Price to Earnings (P/E)	26.67	22.17
Price to Book (P/B)	1.92	3.79
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	7.88%	11.06%
Return on Equity (ROE)	11.51%	13.94%
Operating Profit Margin (OPM)	46.66%	19.27%
Net Profit Margin (NPM)	33.89%	6.68%
Balance Sheet & Solvency
Debt to Equity Ratio	1.11	2.59
Dividend Yield	282.99%	20.29%
Historical Growth
3-Year Sales Growth (CAGR)	12.02%	-4.19%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹3,808 Cr	₹19,051 Cr
Quarterly Net Profit	₹1,096 Cr	₹1,176 Cr