In ₹ Crore except Per Share Latest Annual	JSWENERGY FY26	TATAPOWER FY26	ADANIPOWER FY26	NTPC FY26	Peer Average
Valuation — at last close
P/E	39.78×	29.40×	28.88×	◆ 11.13×	23.14× +72%
P/B	2.91×	2.79×	5.68×	◆ 1.48×	3.32× -12%
EV/EBITDA	15.82×	13.31×	20.97×	◆ 10.28×	14.85× +7%
Market Cap	₹89,565 Cr	₹1.10L Cr	₹3.69L Cr	₹3.01L Cr	₹2.60L Cr -66%
Growth
Revenue CAGR 3Y	◆ 22.30%	4.24%	11.84%	2.07%	6.05% +269%
Revenue CAGR 5Y	◆ 22.25%	13.97%	15.65%	10.93%	13.52% +65%
Net Income CAGR 3Y	◆ 23.12%	10.34%	6.54%	17.18%	11.35% +104%
Revenue YoY (latest Q)	23.00%	5.63%	◆ 44.45%	7.81%	19.30% +19%
Net Income YoY (latest Q)	38.43%	10.98%	◆ 141.51%	12.90%	55.13% -30%
Profitability
EBITDA Margin	◆ 53.25%	20.98%	36.52%	29.50%	29.00% +84%
Net Income Margin	14.62%	8.20%	◆ 23.91%	14.70%	15.60% -6%
Return on Common Equity	7.71%	9.95%	◆ 21.16%	13.97%	15.03% -49%
Return on Capital Employed	7.55%	6.70%	◆ 13.96%	8.22%	9.63% -22%
Return on Assets	2.58%	3.08%	◆ 10.17%	5.09%	6.11% -58%
Credit & Quality
Total Debt/Equity	2.26×	1.50×	◆ 0.81×	1.27×	1.19× +89%
Interest Coverage	1.18×	1.58×	◆ 4.53×	2.58×	2.90× -59%
Scale — latest FY
Revenue / Total Income	₹18,901 Cr	₹62,429 Cr	₹54,241 Cr	₹1.87L Cr	₹1.01L Cr -81%
Net Income	₹2,762 Cr	₹5,118 Cr	₹12,971 Cr	₹27,546 Cr	₹15,211 Cr -82%
Total Assets	₹1.24L Cr	₹1.75L Cr	₹1.42L Cr	₹5.59L Cr	₹2.92L Cr -57%
EPS	₹12.82	₹11.72	₹6.62	₹27.9	₹15.41 -17%
Book Value per Share	₹175.1	₹123.5	₹33.67	₹209.53	₹122.23 +43%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.