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Torrent Power Limited

Torrent Power Limited

NSE: TORNTPOWER
Utilities - Independent Power ProducersUtilitiesLARGE CAPMCap ₹61.79k Cr
₹1,226.30₹-12.30 (-0.99%)

Market Closed • NSE

Market cap₹61.79k Cr
Enterprise value₹74.70k Cr
P/E TTM26.60
Forward P/E20.31
P/B3.24
EPS TTM₹46.11
Forward EPS₹60.37
ROCE13.70%
D/E0.71
Dividend yield0.02%
Face value₹10.00
52W high₹1,824.10
52W low₹1,165.00
Price chart(1Y)
1Y Return:-11.90% (₹165.70)
H: ₹1,490L: ₹1,165
1W+4.42%
1M-3.93%
3M-14.60%
6M-29.40%
1Y-6.52%
Today at a glance

Day range

₹1,220.00₹1,240.00

52 week range

₹1,165.00₹1,824.10
Volume142.3K0.58x 20D avg
Free float50.00%-41.70% volume

Torrent Power Limited closed at INR1226.30 (-0.99%) on volume 0.58x its 20-day average, trading 32.77% below its 52-week high.

Technical analysis
RSI (14)46.0Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹32.58Moderate
SMA 20₹1,232.46BEARISH
SMA 50₹1,260.40BEARISH
SMA 100₹1,337.94BEARISH
SMA 200₹1,407.23BEARISH
CPR bottom₹1,242.95
Pivot₹1,241.50
CPR top₹1,240.05
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +100% QoQ

2026-06-19

DIVIDEND Announced

Dividend - Rs 5 Per Share

2026-02-16

DIVIDEND Announced

Interim Dividend - Rs 15 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹13.97k Cr₹61.79k Cr22.61%≤ 33%PASS
Non-halal income ratio–₹28.97k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹44.43k Cr₹45.19k Cr98.30%≥ 20%PASS
Receivables ratio–₹45.19k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E26.6021.10
Forward P/E20.31—
P/B3.241.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield3.804.70
Growth & profitability
RevenuePAT
FY24PAT margin 7.00%
FY25PAT margin 10.20%
FY26PAT margin 8.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-0.20%
Revenue CAGR 5Y+1.50%
PAT CAGR 3Y-7.60%
PAT CAGR 5Y+5.70%
Operating margin14.00%
Net margin7.96%
Financial health & cash flow
Net debt₹13.20k CrModerate
Interest coverage4.20xEBIT / interest
CFO / PAT2.00x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹5.46k Cr
Capital expenditure–
Free cash flow₹-224046.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation60/100
Profitability65/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Utilities - Independent Power Producers.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
31.22%Institutional holding
9.33%Public holding
5Periods available
0.00%Promoter pledged
1.61LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
19 Jun 2026Dividend₹5.00 / share—19 Jun 2026
16 Feb 2026Dividend₹15.00 / share—16 Feb 2026
06 Jun 2025Dividend₹5.00 / share—06 Jun 2025
12 Feb 2025Dividend₹14.00 / share—12 Feb 2025
14 Jun 2024Dividend₹4.00 / share—14 Jun 2024
16 Feb 2024Dividend₹12.00 / share—16 Feb 2024
16 Jun 2023Dividend₹4.00 / share—16 Jun 2023
22 Feb 2023Dividend₹9.00 / share—22 Feb 2023
11 Feb 2022Dividend₹9.00 / share—10 Feb 2022
25 Jun 2021Dividend₹5.50 / share—24 Jun 2021
17 Feb 2021Dividend₹5.50 / share—16 Feb 2021
20 Feb 2020Dividend₹11.60 / share—18 Feb 2020
14 Jun 2019Dividend₹5.00 / share—13 Jun 2019
—Dividend₹5.00 / share—08 Jun 2018
—Dividend₹2.20 / share—08 Jun 2017
18 Mar 2016Dividend₹4.50 / share—17 Mar 2016
—Dividend₹1.50 / share—11 Jun 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)56.60%-11.97% latest vs average
Highest delivery85.92%on 13 Oct
Average volume (20D)244.0KTrading-session average
Conviction trendWeakening-11.97% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About Torrent Power Limited
Torrent Power Limited

Torrent Power Ltd is a leading integrated power utility company in India with presence across generation, transmission and distribution of power. Its operations are spread across the states of Gujarat, Maharashtra, Uttar Pradesh and Karnataka.[1]

IndiaUtilities

Questions investors ask
Is Torrent Power Limited Shariah compliant?

Torrent Power Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (22.61%) complies with AAOIFI threshold (≤ 33%).

What is Torrent Power Limited's current valuation relative to peers?

Torrent Power Limited trades at a P/E of 26.6x compared to the sector median of 21.1x, and a Price-to-Book of 3.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.71x. Interest coverage is 4.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.5% while net profit growth averaged 5.7%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.