Tata Power targets 25% rooftop solar share as FY27 investment accelerates
Tata Power plans ₹25,000 crore of FY27 capex and is targeting about 25% share in rooftop solar, up from 12–13%. Its rooftop solar revenue rose 64% year-on-year to roughly ₹1,350 crore in Q1, supported by channel, supply-chain and after-sales expansion.
Citi retained Buy on Tata Power with a Rs 525 target, citing resilient FY27 Q1 results, Rs 25,000 crore capex and rooftop-solar momentum. Tata Power aims to double rooftop solar market share to about 25%, supported by channels, supply chain and after-sales.
Why this matters
The target extends Tata Power's recent signals on sustained rooftop solar, manufacturing and T&D momentum, alongside its 11% Q1 profit growth and maintained ₹25,000 crore FY27 capex plan.
Retail-company signals are accelerating, up +399533% quarter over quarter.