Which stock is cheaper: POWERGRID or TATAPOWER?

Based on Price to Earnings, POWERGRID trades at a P/E of 12.8 while TATAPOWER trades at a P/E of 22.2.

Does POWERGRID or TATAPOWER have higher ROCE?

POWERGRID generates an ROCE of 14.7% compared to TATAPOWER's ROCE of 11.1%.

POWER GRID CORP. LTD. (POWERGRID) has a market cap of ₹2,50,279 Cr compared to TATA POWER CO LTD (TATAPOWER) with ₹1,16,518 Cr.

Leads (5/5)

₹265.00+1.92%

Market Cap: ₹2,50,279 Cr

₹345.05+0.15%

Market Cap: ₹1,16,518 Cr

Automated quantitative breakdown of fundamental strengths between POWERGRID and TATAPOWER.

Attractive ValuationPOWERGRID (P/E 12.8)Trades at lower Price-to-Earnings

Capital EfficiencyPOWERGRID (ROCE 14.7%)Superior operating return on capital

Balance Sheet SafetyPOWERGRIDLower debt-to-equity ratio

Shareholder YieldPOWERGRID (147.92%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	POWERGRID	TATAPOWER
Valuation Multiples
Market Capitalization	₹2,50,279 Cr	₹1,16,518 Cr
Price to Earnings (P/E)	12.76	22.17
Price to Book (P/B)	2.50	3.79
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	14.73%	11.06%
Return on Equity (ROE)	15.66%	13.94%
Operating Profit Margin (OPM)	49.04%	19.27%
Net Profit Margin (NPM)	35.55%	6.68%
Balance Sheet & Solvency
Debt to Equity Ratio	1.48	2.59
Dividend Yield	147.92%	20.29%
Historical Growth
3-Year Sales Growth (CAGR)	2.29%	-4.19%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹11,497 Cr	₹19,051 Cr
Quarterly Net Profit	₹3,598 Cr	₹1,176 Cr