TORNTPOWER - TORRENT POWER LIMITED Share Price

Power

₹1538.60-62.10(-3.88%)

Market Closed as of Apr 25, 2025, 15:30 IST

What does TORRENT POWER LIMITED do?

Integrated Power Utilities•Power•Mid Cap

TORRENT POWER is an Integrated Power Utilities company based in Ahmedabad, India. With the stock ticker TORNTPOWER, it boasts a market capitalization of Rs. 67,120 Crores.

The company, along with its subsidiaries, specializes in the generation, transmission, and distribution of electricity across India. Its energy generation capabilities include:

Thermal power plants: 3,092 megawatts
Solar power plants: 2,077 megawatts peak
Wind power plants: 2,199 megawatts

TORRENT POWER distributes electricity in various cities such as Ahmedabad, Gandhinagar, Surat, Dadra and Nagar Haveli, Daman and Diu, Dahej, and Dholera, covering an extensive area of 2,050 square kilometers. Additionally, it operates as a franchisee for electricity distribution in Bhiwandi, Agra, and the Shil-Mumbra-Kalwa regions, covering approximately 1,007 square kilometers.

The company is also involved in the manufacture and supply of power cables. Incorporated in 2004, it operates as a subsidiary of Torrent Investments Private Limited. Over the trailing 12 months, TORRENT POWER has reported a revenue of Rs. 29,707.2 Crores and has a dividend yield of 2.25% per year, distributing a dividend of Rs. 30 per share to its investors.

However, itÃ¢â‚¬â„¢s noteworthy that the company has diluted its shareholders' stakes by 4.8% over the past three years, despite experiencing impressive revenue growth of 115.8% in the same period.

Industry Group:Power

Employees:8,145

Website:www.torrentpower.com

Description	Share	Value
Transmission and Distribution	78.0%	5.8 kCr
Generation	19.1%	1.4 kCr
Renewables	2.9%	216.5 Cr
Total		7.5 kCr

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	TORNTPOWER	Power
PE	31.93	17.20
PS	2.61	2.85
Growth	9.9 %	4 %

Shareholder Name	Holding %
Torrent Investments Limited (Formerly known as Torrent Investments Private Limited)	51.09%
SBI Mutual Funds	7.95%
Gujarat Urja Vikas Nigam Limited	6.95%
Axis Mutual Funds	3.92%
Gujarat State Financial Services Ltd	2.36%
The Governor Of Gujarat	1.4%
Mehta Family Trust 1	0%
Mehta Family Trust 2	0%
Mehta Family Trust 3	0%
Mehta Family Trust 4	0%
Samir Uttamlal Mehta	0%
Sudhir Uttamlal Mehta	0%
Jinal Sudhir Mehta	0%

Balance Sheet for TORRENT POWER

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-4.9%	251	264	196	138	182	162
Current investments	3.3%	856	829	851	682	555	253
Loans, current	139.7%	641	268	134	105	982	1,032
Total current financial assets	19.1%	7,440	6,247	6,238	5,218	6,502	5,049
Inventories	0.3%	648	646	816	646	731	438
Total current assets	17.3%	8,253	7,033	7,279	5,984	7,360	5,608
Property, plant and equipment	-0.6%	15,874	15,967	14,681	14,579	13,988	14,096
Capital work-in-progress	12.3%	916	816	1,704	1,609	1,649	1,186
Investment property	0%	0.37	0.37	6.59	9.76	9.58	13
Non-current investments	10.8%	2,119	1,913	1,825	1,811	1,776	1,161
Loans, non-current	8.2%	3,266	3,019	1,791	1,508	456	349
Total non-current financial assets	9.1%	5,403	4,951	3,634	3,340	2,250	2,163
Total non-current assets	2.1%	22,615	22,158	20,464	20,004	18,382	17,996
Total assets	5.7%	30,869	29,191	27,742	25,988	25,743	23,605
Borrowings, non-current	0.5%	8,323	8,285	7,590	7,045	7,646	6,120
Total non-current financial liabilities	2.1%	8,857	8,675	7,926	7,300	7,847	6,318
Provisions, non-current	-	0	0	0	0	0	0
Total non-current liabilities	5.2%	11,570	10,999	10,065	9,313	9,611	7,895
Borrowings, current	-43.3%	805	1,418	902	1,345	729	1,746
Total current financial liabilities	-7.5%	4,769	5,155	4,724	4,604	4,151	4,751
Provisions, current	-1.1%	185	187	266	243	262	270
Current tax liabilities	186.2%	353	124	222	161	156	121
Total current liabilities	-2.6%	5,993	6,154	5,887	5,654	5,191	5,743
Total liabilities	2.4%	17,563	17,153	15,952	14,968	14,802	13,639
Equity share capital	0%	481	481	481	481	481	481
Total equity	10.5%	13,306	12,038	11,791	11,020	10,941	9,966
Total equity and liabilities	5.7%	30,869	29,191	27,742	25,988	25,743	23,605

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-2%	344	351	370	188	311	289
Current investments	-1%	928	937	1,074	788	536	274
Loans, current	-	0	0	0	0	0	20
Total current financial assets	15.2%	8,678	7,536	7,778	6,489	7,076	4,547
Inventories	-12.3%	702	800	977	820	862	538
Total current assets	12.5%	9,568	8,506	9,003	7,453	8,089	5,226
Property, plant and equipment	4.4%	21,571	20,654	19,176	18,116	17,419	16,759
Capital work-in-progress	-13.3%	2,144	2,472	1,977	2,625	2,397	1,297
Investment property	-	0	0	6.22	9.39	0	0
Goodwill	0%	171	171	171	171	162	0
Non-current investments	31.2%	22	17	17	16	18	133
Loans, non-current	-	0	0	0	0	0	122
Total non-current financial assets	-3.6%	108	112	141	151	63	356
Total non-current assets	3%	25,638	24,886	22,991	22,457	21,458	19,797
Total assets	6.5%	35,574	33,392	31,994	29,910	29,548	25,023
Borrowings, non-current	5.3%	10,445	9,916	9,487	8,902	9,573	7,099
Total non-current financial liabilities	6.6%	10,982	10,303	9,815	9,113	9,836	7,289
Provisions, non-current	-	0	0	0	0	0	0
Total non-current liabilities	8.4%	14,076	12,982	12,305	11,494	11,907	8,896
Borrowings, current	-36.3%	1,063	1,669	1,151	1,594	825	1,999
Total current financial liabilities	-8.1%	6,207	6,752	6,107	5,810	5,205	5,137
Provisions, current	-4%	194	202	287	264	279	275
Current tax liabilities	190.2%	358	124	242	179	156	123
Total current liabilities	-4.4%	7,468	7,813	7,332	6,930	6,298	6,148
Total liabilities	4.3%	21,688	20,795	19,637	18,424	18,205	15,044
Equity share capital	0%	481	481	481	481	481	481
Non controlling interest	6.4%	570	536	505	477	414	36
Total equity	10.2%	13,886	12,598	12,357	11,487	11,343	9,979
Total equity and liabilities	6.5%	35,574	33,392	31,994	29,910	29,548	25,023

Income Statement for TORRENT POWER

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	5.8%	27,183	25,694	14,258	12,173	13,641	13,151
Other Income	-10%	344	382	235	142	178	190
Total Income	5.6%	27,528	26,076	14,493	12,314	13,818	13,341
Cost of Materials	21.3%	406	335	263	104	251	260
Purchases of stock-in-trade	-63.3%	691	1,879	306	48	54	229
Employee Expense	5.7%	611	578	534	539	532	486
Finance costs	15.3%	943	818	628	776	955	899
Depreciation and Amortization	7.6%	1,378	1,281	1,334	1,280	1,304	1,227
Other expenses	15%	20,895	18,172	9,576	8,007	9,247	8,995
Total Expenses	8.3%	24,945	23,035	12,629	10,763	12,343	12,077
Profit Before exceptional items and Tax	-15.1%	2,583	3,041	1,864	1,552	1,475	1,264
Exceptional items before tax	-	0	0	-1,300	0	-1,000	0
Total profit before tax	-15.1%	2,583	3,041	564	1,552	475	1,264
Current tax	-33.9%	445	673	372	288	309	276
Deferred tax	18.7%	242	204	-267.21	-31.95	-1,013.3	84
Total tax	-21.7%	687	877	105	256	-704.04	360
Total profit (loss) for period	-12.4%	1,896	2,165	459	1,296	1,179	904
Other comp. income net of taxes	-398.6%	-14.05	6.04	1.85	4.11	-29.02	-6.25
Total Comprehensive Income	-13.3%	1,882	2,171	461	1,300	1,150	898
Earnings Per Share, Basic	-13.7%	38.14	44.06	9.45	26.86	24.43	18.7
Earnings Per Share, Diluted	-13.7%	38.14	44.06	9.45	26.86	24.43	18.7
Debt equity ratio	0%	088	092	083	0	0	-
Debt service coverage ratio	-0.2%	0.0172	0.019	0.0195	0	0	-
Interest service coverage ratio	-0.7%	0.0505	0.0567	0.0587	0	0	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-9.4%	6,499	7,176	9,034	6,529	6,366	6,961
Other Income	37.9%	172	125	76	97	54	108
Total Income	-8.6%	6,671	7,301	9,110	6,625	6,420	7,069
Cost of Materials	-100.9%	0	114	99	103	90	106
Purchases of stock-in-trade	168.5%	393	147	182	314	181	135
Employee Expense	-12.7%	166	190	173	147	156	162
Finance costs	1.5%	276	272	260	233	235	247
Depreciation and Amortization	1.9%	378	371	359	355	349	342
Other expenses	-12.6%	4,829	5,524	6,715	4,859	4,885	5,331
Total Expenses	-8.6%	6,041	6,612	7,795	6,008	5,906	6,328
Profit Before exceptional items and Tax	-8.6%	630	689	1,315	617	513	741
Total profit before tax	-8.6%	630	689	1,315	617	513	741
Current tax	648.1%	203	28	238	100	94	128
Deferred tax	-138.7%	-62.45	165	80	70	45	71
Total tax	-27.1%	141	193	318	170	139	198
Total profit (loss) for period	-1.4%	489	496	996	447	374	543
Other comp. income net of taxes	90.8%	0.55	-3.91	-3.78	0.76	-4.94	-11.71
Total Comprehensive Income	-0.4%	490	492	993	448	369	531
Earnings Per Share, Basic	-2.8%	9.76	10.01	20.23	8.95	7.49	10.94
Earnings Per Share, Diluted	-2.8%	9.76	10.01	20.23	8.95	7.49	10.94
Debt equity ratio	-0.4%	061	0.01	082	088	075	083
Debt service coverage ratio	-1.3%	0.0176	0.03	0.0212	0.022	0.0182	0.0183
Interest service coverage ratio	-0.7%	0.0429	0.05	0.0705	0.0495	0.0463	0.0528

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	6%	19,957	18,836	13,716	11,777	13,442	12,978
Other Income	12.7%	490	435	296	250	245	262
Total Income	6.1%	20,447	19,271	14,012	12,027	13,687	13,239
Cost of Materials	-	0	0	0	0	251	260
Purchases of stock-in-trade	-63.3%	691	1,879	306	48	54	229
Employee Expense	5.8%	544	514	514	522	528	484
Finance costs	16.9%	781	668	582	719	892	892
Depreciation and Amortization	6%	1,123	1,059	1,234	1,180	1,230	1,163
Other expenses	21.6%	14,861	12,219	9,562	7,975	9,185	8,982
Total Expenses	10.2%	18,000	16,340	12,197	10,444	12,141	11,991
Profit Before exceptional items and Tax	-16.6%	2,446	2,931	1,814	1,583	1,546	1,248
Exceptional items before tax	-	0	0	-1,300	0	-1,000	0
Total profit before tax	-16.6%	2,446	2,931	514	1,583	546	1,248
Current tax	-36.3%	404	634	367	284	306	269
Deferred tax	27.1%	245	193	-262.78	-26.15	-998.18	90
Total tax	-21.8%	648	828	105	258	-692.24	359
Total profit (loss) for period	-14.6%	1,798	2,104	410	1,325	1,238	889
Other comp. income net of taxes	-278.2%	-10.21	7.29	1.97	3.39	-29	-6.21
Total Comprehensive Income	-15.3%	1,788	2,111	412	1,328	1,209	883
Earnings Per Share, Basic	-14.9%	37.41	43.77	8.52	27.57	25.76	18.5
Earnings Per Share, Diluted	-14.9%	37.41	43.77	8.52	27.57	25.76	18.5
Debt equity ratio	-0.1%	075	086	076	073	089	087
Debt service coverage ratio	-0.5%	0.0184	0.0233	0.0196	0.0178	0.0224	0.0191
Interest service coverage ratio	-0.9%	0.0546	0.0628	0.0601	0.0476	0.0406	0.036

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-10.3%	4,746	5,293	7,193	4,787	4,681	5,106
Other Income	-19.5%	162	201	145	157	93	140
Total Income	-10.7%	4,908	5,494	7,338	4,943	4,773	5,246
Purchases of stock-in-trade	168.5%	393	147	182	314	181	135
Employee Expense	-11.3%	150	169	154	130	140	145
Finance costs	1.3%	232	229	227	204	191	194
Depreciation and Amortization	-9.2%	269	296	293	288	283	277
Other expenses	-17.7%	3,280	3,983	5,208	3,387	3,456	3,831
Total Expenses	-10.4%	4,323	4,825	6,065	4,323	4,252	4,582
Profit Before exceptional items and Tax	-12.6%	585	669	1,273	621	522	664
Total profit before tax	-12.6%	585	669	1,273	621	522	664
Current tax	1100%	193	17	224	90	86	114
Deferred tax	-86.2%	23	160	76	87	52	58
Total tax	22.2%	216	177	300	177	138	173
Total profit (loss) for period	-25.1%	369	492	973	444	384	492
Other comp. income net of taxes	108.7%	1.37	-3.25	-2.7	1.26	-3.83	-9.41
Total Comprehensive Income	-24.4%	370	489	971	445	380	482
Earnings Per Share, Basic	-28.9%	7.56	10.23	20.25	9.23	7.98	10.23
Earnings Per Share, Diluted	-28.9%	7.56	10.23	20.25	9.23	7.98	10.23
Debt equity ratio	-0.5%	054	0.01	07	075	064	071
Debt service coverage ratio	-1.5%	0.026	0.04	0.0212	0.0226	0.0321	0.0172
Interest service coverage ratio	-1.7%	0.0438	0.06	0.0779	0.0539	0.0515	0.0562

Valuation
Market Cap	77.53 kCr
Price/Earnings (Trailing)	31.93
Price/Sales (Trailing)	2.61
EV/EBITDA	13.47
Price/Free Cashflow	131.37
MarketCap/EBT	23.85

Fundamentals
Revenue (TTM)	29.71 kCr
Rev. Growth (Yr)	3.92%
Rev. Growth (Qtr)	-8.62%
Earnings (TTM)	2.43 kCr
Earnings Growth (Yr)	30.79%
Earnings Growth (Qtr)	-1.29%

Profitability
Operating Margin	10.94%
EBT Margin	10.94%
Return on Equity	17.49%
Return on Assets	6.83%
Free Cashflow Yield	0.76%

Cash Flow for TORRENT POWER

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	16.9%	781	668	582
Change in inventories	185.3%	179	-207.75	-51.8
Depreciation	6%	1,123	1,059	1,234
Unrealised forex losses/gains	-95.6%	1.44	11	-5.2
Dividend income	10%	34	31	15
Adjustments for interest income	42.3%	233	164	144
Net Cashflows from Operations	7.5%	3,852	3,583	3,210
Income taxes paid (refund)	-6%	438	466	229
Net Cashflows From Operating Activities	9.5%	3,414	3,118	2,981
Cashflows used in obtaining control of subsidiaries	-48.9%	90	175	606
Proceeds from sales of PPE	-15.4%	56	66	47
Purchase of property, plant and equipment	-8.1%	1,754	1,909	1,541
Proceeds from sales of long-term assets	-	1.98	0	0
Purchase of other long-term assets	222.3%	4.03	1.94	1.91
Cash receipts from repayment of advances and loans made to other parties	-41.3%	2,911	4,955	277
Dividends received	10%	34	31	15
Interest received	20%	175	146	145
Other inflows (outflows) of cash	-42%	99	170	166
Net Cashflows From Investing Activities	-49.1%	-3,187.06	-2,137.39	-2,512.24
Proceeds from borrowings	47.1%	3,970	2,700	1,803
Repayments of borrowings	22.3%	2,662	2,177	1,100
Payments of lease liabilities	180.2%	20	7.78	9.38
Dividends paid	-27.3%	769	1,057	697
Interest paid	17.7%	799	679	600
Other inflows (outflows) of cash	-17.6%	179	217	200
Net Cashflows from Financing Activities	89.8%	-101.05	-1,003.91	-402.32
Net change in cash and cash eq.	605.9%	126	-23.71	66

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	15.3%	943	818	628
Change in inventories	174.3%	199	-265.58	-85.44
Depreciation	7.6%	1,378	1,281	1,334
Unrealised forex losses/gains	-70.2%	3.98	11	-5.34
Adjustments for interest income	-17.6%	57	69	67
Net Cashflows from Operations	20.5%	4,756	3,946	3,398
Income taxes paid (refund)	1.6%	498	490	231
Net Cashflows From Operating Activities	23.2%	4,258	3,456	3,167
Cashflows used in obtaining control of subsidiaries	162%	19	-28.05	515
Proceeds from sales of PPE	-13.8%	57	66	49
Purchase of property, plant and equipment	29.8%	3,656	2,816	1,809
Proceeds from sales of long-term assets	-	1.98	0	0
Purchase of other long-term assets	222.3%	4.03	1.94	1.91
Cash receipts from repayment of advances and loans made to other parties	-110%	0	11	21
Interest received	-21.9%	58	74	69
Other inflows (outflows) of cash	-29.3%	107	151	164
Net Cashflows From Investing Activities	-10.2%	-3,544.43	-3,215.96	-2,483.12
Proceeds from borrowings	10.8%	4,665	4,212	1,818
Repayments of borrowings	27.1%	3,584	2,819	1,125
Payments of lease liabilities	104.8%	44	22	44
Dividends paid	-27.4%	771	1,062	702
Interest paid	14.9%	997	868	649
Other inflows (outflows) of cash	-17.6%	179	217	200
Net Cashflows from Financing Activities	-61.5%	-551.32	-341	-501.93
Net change in cash and cash eq.	258.5%	163	-101.18	182

Investor Care
Dividend Yield	1.95%
Dividend/Share (TTM)	30
Shares Dilution (1Y)	4.85%
Diluted EPS (TTM)	48.95

Financial Health
Current Ratio	1.28
Debt/Equity	0.83

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
NTPC	NTPCPower Generation	3.46 LCr	1.89 LCr	+0.51%	-0.77%	15.33	1.83	+6.49%	+14.37%
ADANIPOWER	Adani PowerIntegrated Power Utilities	2.11 LCr	58.25 kCr	+10.07%	-7.49%	16.4	3.63	+1.85%	-44.77%
TATAPOWER	Tata Power Co.Integrated Power Utilities	1.24 LCr	66.01 kCr	+3.09%	-10.16%	27.43	1.88	+9.77%	+8.18%
JSWENERGY	JSW EnergyPower Generation	84.36 kCr	12.02 kCr	-12.72%	-20.18%	44.09	7.02	+1.30%	+15.18%
CESC	CESCIntegrated Power Utilities	20.41 kCr	18.48 kCr	+2.37%	+8.84%	14	1.1	+11.64%	-1.29%

TORNTPOWER - TORRENT POWER LIMITED Share Price

What does TORRENT POWER LIMITED do?

Revenue Breakdown

Sector Comparison: TORNTPOWER vs Power

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Balance Sheet for TORRENT POWER

Income Statement for TORRENT POWER

Valuation

Fundamentals

Profitability

Cash Flow for TORRENT POWER

Investor Care

Financial Health

Is TORRENT POWER Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)