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Tata Power vs Adani Energy Solutions Q4 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

Tata Power

Tata Power delivered a strong Q4 FY26 with PAT of ₹1,416 crore (+8% YoY) and full-year PAT crossing ₹5,000 crore for the first time, driven by robust performance across generation, transmission, distribution, and sola...

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Adani Energy Solutions

Adani Energy Solutions delivered a strong Q4 FY26, with consolidated EBITDA reaching ₹8,726 crore for the full year, driven by record smart meter installations of 83 lakh units (vs.

Result Snapshot

Revenue₹14,900 Cr₹7,443 Cr
PAT₹1,416 Cr₹723 Cr
EBITDA Margin17%
Sentimentbullishbullish

Key Quotes

We have now concluded the SPA with Gujarat and we are in the process of finalizing it with all the other four states which we expect in next four to six weeks we will complete.
Dr. Pavir Finha · CEO and Managing Director
We have now reached to close to 15,000 cr capex. We will continue to improve the capex and reach about 20 cr capex this year.
Kandar Patel · CEO