Which stock is cheaper: TATAPOWER or NTPC?

Based on Price to Earnings, TATAPOWER trades at a P/E of 22.2 while NTPC trades at a P/E of 9.9.

Does TATAPOWER or NTPC have higher ROCE?

TATAPOWER generates an ROCE of 11.1% compared to NTPC's ROCE of 13.6%.

TATA POWER CO LTD (TATAPOWER) has a market cap of ₹1,16,518 Cr compared to NTPC LTD (NTPC) with ₹3,23,287 Cr.

₹345.05+0.15%

Market Cap: ₹1,16,518 Cr

NTPCUtilities

Leads (5/5)

₹316.25+1.85%

Market Cap: ₹3,23,287 Cr

Automated quantitative breakdown of fundamental strengths between TATAPOWER and NTPC.

Attractive ValuationNTPC (P/E 9.9)Trades at lower Price-to-Earnings

Capital EfficiencyNTPC (ROCE 13.6%)Superior operating return on capital

Balance Sheet SafetyNTPCLower debt-to-equity ratio

Shareholder YieldNTPC (120.79%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	TATAPOWER	NTPC
Valuation Multiples
Market Capitalization	₹1,16,518 Cr	₹3,23,287 Cr
Price to Earnings (P/E)	22.17	9.85
Price to Book (P/B)	3.79	1.85
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	11.06%	13.55%
Return on Equity (ROE)	13.94%	12.54%
Operating Profit Margin (OPM)	19.27%	20.82%
Net Profit Margin (NPM)	6.68%	11.88%
Balance Sheet & Solvency
Debt to Equity Ratio	2.59	1.09
Dividend Yield	20.29%	120.79%
Historical Growth
3-Year Sales Growth (CAGR)	-4.19%	2.35%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹19,051 Cr	₹50,741 Cr
Quarterly Net Profit	₹1,176 Cr	₹6,721 Cr