Amazing analysis. I have seen a lot of fundamental analysis of Tata Power but SOTP analysis done by you really makes a difference in order to evaluate investment in Tata power. You and your team are doing great work. Please keep up the same good work for tuch prani like us...😅😅
Thank you for boosting my bias . I love this particular stock, there are positive reasons for that but the high debt and Mundra plant were my concerns. Thanks for showing the broader picture of the company. I have 40k invested in this stock. Wanted to have a better prospective before Investing more.
Thank you Parimal sir and Shrenik..... This analysis is gold and those who dont know about Yadnya are definately missing out on investment goldmine. Such a well researched and well presented video this is.. Lovely series I am a model portfolio customer and i cannot thank Parimal sir enough for how they have inculcated investing discipline in me 🙏🙏🙏
@@vijaygupta7225 Nippon India GOLDBEES ETF 1000 क्वांटिटी लेना चाहता हूं 10 साल के नजरिए से क्या मेरा यह करना सही रहेगा क्या मुझे 10 साल बाद अच्छा रिटर्न मिल सकता है , ऐसा तो नहीं ना है कि बाद में ETF कहीं डूब जाए और मुझे लॉस हो जाएगा 😊 कृपया कर मुझे सलाह दे ।।।
Sir, the projections are backed by statistical data. Every assumption in the scenario analysis is based on careful assessment and research about the industry and the various lines of business into which the company has ventured. However, due to the scarcity of time, we haven't explained each assumption from the data source or research used.
Nice Analysis Sir. But I have one simple Ques- In the history of Indian Equity Markets, How many Power Utility Stocks have generated Wealth for Shareholders? I think thats the Ans if someone is serious about making Wealth from Tata Power
The Power Industry Scenario is changing rapidly. The industry is shifting its focus from thermal power to sustainable power sources. New technologies such as WHRS are providing new growth opportunities. Moreover, Tata Power is also venturing into EV Charging Infrastructure and Solar EPC business and other solar products such as Solar Rooftops and Solar Pumps. Every business has its own risks and we do opt for a risk-to-reward ratio that is favourable to the investors.
@@ShrenikBhandariYadnya You are Spot on with your analysis. But what I am curious about the nature of the Business. Power Sector is highly regulated and Capital Intensive. It is very hard for Companies engaged in this Sector to generate Consistent ROEs of above 15-20%. Even ROCE is also very low. The Sector doesn't exhibit Secular Growth Trends.
Great anyalsis. Thanks for your efforts u put in content. Just one kind request, can u please give final call to buy the company or not for long term. Just as advice
Sir, these Power Sector stocks is as u know is highly cyclical & can give zero returns for a very long period of 8-12yrs. Is there anything special about Tata Power? Does the sector behaviour change in next few years? These type of stocks are for trading only & not for Longterm investment. Disclaimer is given from ur side, that the videos r for educational purposes only but Retail investors get trapped with these type of stocks
But sir if we see the p&l of this stock operating profit is less than the depreciation charge and interest what company is giving against his high debt burden.. So what we are seeing the underlying profit is derived from other income (dividend from subsidiaries, interest income against his fixed income investment and loan given etc). So my question isn’t it misallogation of fund?? 2ndly ROE of this company is single digit in last 10yrs but if we see they are paying average 40% dividend payout means normally company can triggers his growth upto ROE×(1-divident payout) or 8×.6=4.8%.. But company extending his growth 20times higher than It's natural growth with exorbitant debt. What’s your thought about it... Waiting for your answer sir, please reply Parimal sir...
Dear Sir, We strongly disagree with your assessment of the P&L statement. To support our rationale with numbers, if you take a look at the numbers pertaining to the period of 9MFY23, you would observe that the revenue was Rs 42,655 cr while the Other Income component was just Rs 566 cr and the reported PAT for that period is Rs 2,559 crores. Further, the EBITDA (excluding other income) for the same period stands at Rs. 6,401 crores, sufficient to cover the depreciation and interest charge for that period. Again, while analysing these numbers, one should also keep in mind that the EBITDA levels in this period were impacted because of the higher raw material costs which could not be completely passed on.
Dear Shrenik As per your assessment on 9MFY23, you are right that operating revenue is 42655.32 but after deducting the operating expense, depreciation and interest cost, EBIT is (42655.32-42565.7) =89.62cr. Other income is 556.48 cr,, Regulatory defferal balance is 605.22 cr,, recoverable deffered tax 17.26 cr. and exceptional item is 3020.35. Means after EBIT all the heads are non operating income (556.48+605.22+17.26+3020.35)=4199.31cr.. Clearly showing that major chunk of PAT is derived from non operating income. That's I am focusing as a retail investor...
@@joyjitgoswami Sir, the amount of Rs 3,020.35 crores that you are referring to as an exceptional item is actually the share of profit from JVs and Associates and not an exceptional item. The company has investments in Indonesia in a couple of JVs which carry out coal mining activity (which was supposed to be used for the Mundra Plant). These JVs have earned substantial revenue and the figure of Rs 3,020.35 crores depicts the share of PAT of Tata Power in these two JVs (ie 30% and 26% share as per their holding). Yet again, we would like to highlight that the EBITDA margin during the said period has been the lowest in the last 10 years because of higher raw material costs which have substantially impacted the gross margins.
खूप चांगल्या पद्धतीने महिती मिळाली आहे मी स्वतः या स्टॉक बाबत सकारात्मक आहे मी असे ऐकले होते की, टाटा पॉवर टाटा समूहाच्या defence उत्पादन साठी दीक्षित काम करतात हे खरं आहे का?
The current valuation estimate seems to be a backward construct…and the future valuation range is ridiculous…not a professional work. 👎👎👎👎👎It appear you have no view as such about the company’s expected performance and valuation. BETA PLEASE TAKE THIS COMMENT SERIOUSLY….I have liked 90% of your videos & appreciated them as well. Best wishes & God bless you.
@@cpim6605 Nippon India GOLDBEES ETF 1000 क्वांटिटी लेना चाहता हूं 10 साल के नजरिए से क्या मेरा यह करना सही रहेगा क्या मुझे 10 साल बाद अच्छा रिटर्न मिल सकता है , ऐसा तो नहीं ना है कि बाद में ETF कहीं डूब जाए और मुझे लॉस हो जाएगा 😊 कृपया कर मुझे सलाह दे
FROM 2020, IT HAS GIVEN 250% RETURN.. BELIEVE IS LONG TERM.. EVEN I SOLD TATA MOTORS AT 378 IN PRESSURE... NOW ITS 478.. 33K MISS HUA.. PATIENCE IS VERY IMP.. TARGETS ARE FOR FY 27.. WAIT AND ANALYSIS QUARTERLY AND MAKE DECISON...
None of the stocks will give you returns immediately as an investor Check all the data and u will understand that these kind of stocks will only outperform after 3-5 years
Tata is Tata....aim for long-term the company will ofcourse perform great as analysed in the video
I buy at 64 rs and sell to 98. Again buy on sip mode on 210 average. But I am happy to sip and hold
I'm holding Tata Power, Adani Power & Adani Green shares from long now started collecting Suzlon Energy 👍
An excellent analysis of the business. This gave me a 360 degree vision of the company in the next few years. Thanks to the Team Invest Yadnya 👌👌👌
Thankyou very much Sir!
Valuation part is OP 😮
Learned a new way to look at stocks.
Amazing analysis. I have seen a lot of fundamental analysis of Tata Power but SOTP analysis done by you really makes a difference in order to evaluate investment in Tata power. You and your team are doing great work. Please keep up the same good work for tuch prani like us...😅😅
Thank you parimal Sir and shrenik
Thank you for boosting my bias . I love this particular stock, there are positive reasons for that but the high debt and Mundra plant were my concerns.
Thanks for showing the broader picture of the company. I have 40k invested in this stock. Wanted to have a better prospective before Investing more.
Waiting for Infosys share analysis video!!
Thank you Parimal sir and Shrenik..... This analysis is gold and those who dont know about Yadnya are definately missing out on investment goldmine. Such a well researched and well presented video this is.. Lovely series
I am a model portfolio customer and i cannot thank Parimal sir enough for how they have inculcated investing discipline in me 🙏🙏🙏
Thank you for your words of appreciation! They really motivate us to work harder every day.
Thank You, Parimal sir and Shrenik... Excellent Analysis... Keep adding👍
Thankyou :)
Holding from Rs 98 for 50k 🎉
@@Rudra-os8ov Can't believe an investor can be this stupid
@@Rudra-os8ov are bhai wo 50k worth @98 rupees hold kar raha he 😂
@@ajaykumardas5404 isme hasne wali kya baat hai, accha to invest Kiya hai
holiding since rs 67
@@vijaygupta7225 Nippon India GOLDBEES ETF
1000 क्वांटिटी लेना चाहता हूं 10 साल के नजरिए से
क्या मेरा यह करना सही रहेगा
क्या मुझे 10 साल बाद अच्छा रिटर्न मिल सकता है ,
ऐसा तो नहीं ना है कि बाद में ETF कहीं डूब जाए और मुझे लॉस हो जाएगा
😊
कृपया कर मुझे सलाह दे ।।।
Awesome analysis thanks team parimal sir
Buy tata power for next 5-7 years . Multibagger stock 😊😊😊😊
Thanks for such a valuable information
Pls Analysis on infosys
Sir Infosys value video plz
Whether any conclave at mumbai like pune
You guys are Superb like always Jai Ho Jai Maharashtra 🙏
Thank you parimal sir 🫶❤ for this overall analysis
Is there any competition between TATA POWER & SWSOLAR ? If yes, then which one better considering valuation and future prospects ?
JSW
Iska future super hai
Parimal sir your presentation is ultimate and with full of knowledge. Thanks Sir.
This is very good way of imparting market analysis from long term investment point of view.Very very thankful to you and team members Parimal sir.
Thankyou :)
sir whats ur opinion abt bandhan bank
Sir plz make a video of borosil renewable energy
Very good analysis sir
terminal pe in fy 32 has to be 10 or 15 replacement years ?? & if we discount by 15% then
Amazing analysis
Thankyou :)
Exceptional work❤
Holding from 76®
Excellent ❤
This is how a analysis should be...
Thankyou :)
Tata power 🎉🎉 tenx sr
Good profit 2x
Well explaind
Thanks Parimal sir
This video is very knowledgeable
Thankyou Sir :)
Very good video....last section about the valuation is excellent..
Thank you
Very nice
Excellent Analysis of Good Fundamental stocks for people to go for and not get confused
Both Hard Both Hard 🤘🤘
Bhot Hard bhot Hard
I remember last year the day when you made video on Tata power, I bought and it started falling since that day 😂
EXCELLENT ANALYSIS 🙏
Honest review 👍
Best Realistic analysis. ❤
Company is very good but govt strictly regulate power sector so thts d problem to become multibagger consistantly..
Holding 2500 shares avg. Price 201, Should i hold total quantity or sell some part .
1512 shares at 211/-.
They don't have pricing power thus it's better to expect conservative rate of growth of 12%
That's not bad . It is worst case scenario .
Informative.. 👌👌
wondeful and excellent
Tata power will b next itc..
Or LIC
How do you get figures for conservative, moderate and aggressive?
Sir, the projections are backed by statistical data. Every assumption in the scenario analysis is based on careful assessment and research about the industry and the various lines of business into which the company has ventured. However, due to the scarcity of time, we haven't explained each assumption from the data source or research used.
Very informative video .
Thankyou :)
Excellent analysis
Good luck ❤
Very informative and useful information...great work
Thankyou :)
Yes
Good anyalease
We learn a lot from you heartily respect
Nice Analysis Sir. But I have one simple Ques- In the history of Indian Equity Markets, How many Power Utility Stocks have generated Wealth for Shareholders?
I think thats the Ans if someone is serious about making Wealth from Tata Power
The Power Industry Scenario is changing rapidly. The industry is shifting its focus from thermal power to sustainable power sources. New technologies such as WHRS are providing new growth opportunities. Moreover, Tata Power is also venturing into EV Charging Infrastructure and Solar EPC business and other solar products such as Solar Rooftops and Solar Pumps. Every business has its own risks and we do opt for a risk-to-reward ratio that is favourable to the investors.
@@ShrenikBhandariYadnya You are Spot on with your analysis. But what I am curious about the nature of the Business. Power Sector is highly regulated and Capital Intensive. It is very hard for Companies engaged in this Sector to generate Consistent ROEs of above 15-20%. Even ROCE is also very low. The Sector doesn't exhibit Secular Growth Trends.
Totally agree 👍
120 buying price total Quantity is 25000
Great
Jisko dekho fekne me laga hai 120*25000= 30,00,000 hote hain
You are on 20 lakh profit right now great
So much effort ❤🎉 thank you for this
Great anyalsis. Thanks for your efforts u put in content. Just one kind request, can u please give final call to buy the company or not for long term. Just as advice
Very good analysis ❤️
Superb analysis! Thank you so much for this video!!
Thankyou :)
Great analysis sir g.
Is tata solar as aggressive
Thanks sir
Great Sir, excellent.....
Thankyou :)
Sir price kaya hooga in 2027 and 2032 mein pls mentioned and oblige
Kya tum bata sakte ho 2027 aur 2032 me India ka pm kaun hoga
Review IDFC First Bank please.
After all it's an infrastructure stock..
Aj phir gira ..193
Sir, these Power Sector stocks is as u know is highly cyclical & can give zero returns for a very long period of 8-12yrs. Is there anything special about Tata Power? Does the sector behaviour change in next few years?
These type of stocks are for trading only & not for Longterm investment.
Disclaimer is given from ur side, that the videos r for educational purposes only but Retail investors get trapped with these type of stocks
V fi v good
very good analysis
Thankyou :)
Very good presentation and very calculative
Thankyou :)
super sir
But sir if we see the p&l of this stock operating profit is less than the depreciation charge and interest what company is giving against his high debt burden.. So what we are seeing the underlying profit is derived from other income (dividend from subsidiaries, interest income against his fixed income investment and loan given etc). So my question isn’t it misallogation of fund??
2ndly ROE of this company is single digit in last 10yrs but if we see they are paying average 40% dividend payout means normally company can triggers his growth upto ROE×(1-divident payout) or 8×.6=4.8%.. But company extending his growth 20times higher than It's natural growth with exorbitant debt. What’s your thought about it...
Waiting for your answer sir, please reply Parimal sir...
Dear Sir,
We strongly disagree with your assessment of the P&L statement. To support our rationale with numbers, if you take a look at the numbers pertaining to the period of 9MFY23, you would observe that the revenue was Rs 42,655 cr while the Other Income component was just Rs 566 cr and the reported PAT for that period is Rs 2,559 crores. Further, the EBITDA (excluding other income) for the same period stands at Rs. 6,401 crores, sufficient to cover the depreciation and interest charge for that period. Again, while analysing these numbers, one should also keep in mind that the EBITDA levels in this period were impacted because of the higher raw material costs which could not be completely passed on.
Dear Shrenik
As per your assessment on 9MFY23, you are right that operating revenue is 42655.32 but after deducting the operating expense, depreciation and interest cost, EBIT is (42655.32-42565.7) =89.62cr. Other income is 556.48 cr,, Regulatory defferal balance is 605.22 cr,, recoverable deffered tax 17.26 cr. and exceptional item is 3020.35. Means after EBIT all the heads are non operating income (556.48+605.22+17.26+3020.35)=4199.31cr..
Clearly showing that major chunk of PAT is derived from non operating income. That's I am focusing as a retail investor...
Sorry read PBT instead of EBIT.
@@joyjitgoswami Sir, the amount of Rs 3,020.35 crores that you are referring to as an exceptional item is actually the share of profit from JVs and Associates and not an exceptional item. The company has investments in Indonesia in a couple of JVs which carry out coal mining activity (which was supposed to be used for the Mundra Plant). These JVs have earned substantial revenue and the figure of Rs 3,020.35 crores depicts the share of PAT of Tata Power in these two JVs (ie 30% and 26% share as per their holding).
Yet again, we would like to highlight that the EBITDA margin during the said period has been the lowest in the last 10 years because of higher raw material costs which have substantially impacted the gross margins.
Everyone is market to take money from others pocket, you are also......
Infosys video??
Stuck at 216
😊
265 buying rate
There is no debt in the company ! Its all funded by the investment received. Then from where the debt figures are being arrived?
खूप चांगल्या पद्धतीने महिती मिळाली आहे
मी स्वतः या स्टॉक बाबत सकारात्मक आहे
मी असे ऐकले होते की, टाटा पॉवर टाटा समूहाच्या defence उत्पादन साठी दीक्षित काम करतात
हे खरं आहे का?
Sir jobs mile gi aap ke paas👏
👍
❤🙏🏻
👌🏻🤝🏻
The current valuation estimate seems to be a backward construct…and the future valuation range is ridiculous…not a professional work. 👎👎👎👎👎It appear you have no view as such about the company’s expected performance and valuation.
BETA PLEASE TAKE THIS COMMENT SERIOUSLY….I have liked 90% of your videos & appreciated them as well.
Best wishes & God bless you.
Good analysis..but kitna fumble karta hai re baba tum 🤯
Video is too long
Vapas shrenik bhai video ko dislike karava Dia, sorry parimal sir
Slow bakar hain
no it is not good stock 😭😭
How do you justify that ? Basis ? 😅
@@cpim6605 Nippon India GOLDBEES ETF
1000 क्वांटिटी लेना चाहता हूं 10 साल के नजरिए से
क्या मेरा यह करना सही रहेगा
क्या मुझे 10 साल बाद अच्छा रिटर्न मिल सकता है ,
ऐसा तो नहीं ना है कि बाद में ETF कहीं डूब जाए और मुझे लॉस हो जाएगा
😊
कृपया कर मुझे सलाह दे
Third class stock tata power. Very slow movement. Don't buy..
FROM 2020, IT HAS GIVEN 250% RETURN.. BELIEVE IS LONG TERM.. EVEN I SOLD TATA MOTORS AT 378 IN PRESSURE... NOW ITS 478.. 33K MISS HUA.. PATIENCE IS VERY IMP.. TARGETS ARE FOR FY 27.. WAIT AND ANALYSIS QUARTERLY AND MAKE DECISON...
None of the stocks will give you returns immediately as an investor
Check all the data and u will understand that these kind of stocks will only outperform after 3-5 years
Bought at 60 average price still holding...will hold for long term.
@@cpim6605 true👏
@@straighttalk2419 that's great.. i started from 95.. later i accomulated more as im beginners 😬
Yes
Good analysis
Thankyou :)
😊