Torrent Power Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 29.7x vs industry 49.5x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPOWER Adani Power Limited | ₹233 | ₹4.6L Cr | 35.6 | 6.91 | 21.1 | 17.2 | 0.83 |
| NTPC NTPC Limited | ₹361 | ₹3.6L Cr | 13.2 | 1.72 | 14 | 8.33 | 1.33 |
| POWERGRID Power Grid Corporation of India Limited | ₹285 | ₹2.6L Cr | 16.5 | 2.64 | 16.5 | 9.74 | 1.37 |
| ADANIGREEN Adani Green Energy Limited | ₹1,522 | ₹2.4L Cr | 130 | 12.58 | 11.4 | 7.39 | 5.19 |
| ADANIENSOL Adani Energy Solutions Limited | ₹1,579 | ₹1.8L Cr | 80.5 | 7.45 | 9.61 | 9.71 | 1.93 |
| TATAPOWER Tata Power Company Limited | ₹409 | ₹1.3L Cr | 34.9 | 3.3 | 10.1 | 10.5 | 1.86 |
| JSWENERGY JSW Energy Limited | ₹581 | ₹1.1L Cr | 47.3 | 3.32 | 7.86 | 8.29 | 2.37 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TORNTPOWER · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 53.56% | 53.56% | 53.56% | 53.56% | 51.09% | 51.09% |
| FII | 6.13% | 6.40% | 8.43% | 8.88% | 9.93% | 9.43% |
| DII | 21.62% | 21.47% | 19.53% | 19.03% | 21.21% | 21.90% |
| Public | 17.23% | 17.10% | 17.02% | 9.77% | 9.42% | 9.25% |
| Govt | 1.47% | 1.47% | 1.47% | 8.75% | 8.35% | 8.35% |
Corporate Events
To consider and approve the financial results for the quarter and year ended March 31, 2026, Recommendation of Final Dividend, if any and Fund Raising by issuance of Non-Convertible Debentures through Private Placement basis
Interim Dividend - Rs 15 Per Share
Dividend - Rs 5 Per Share
Interim Dividend - Rs 14 Per Share
Dividend - Rs 4 Per Share
Interim Dividend - Rs 12 Per Share
Dividend - Rs 4 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.8K Cr ▼13.9% | ₹7.9K Cr ▼0.4% | ₹7.9K Cr ▲22.5% | ₹6.5K Cr ▼0.7% | ₹6.5K Cr ▼9.4% | ₹7.2K Cr ▼20.6% | ₹9.0K Cr ▲38.4% | ₹6.5K Cr |
| Op. Profit | ₹1.4K Cr ▼6.8% | ₹1.5K Cr ▲1.6% | ₹1.5K Cr ▲31.2% | ₹1.1K Cr ▲1.6% | ₹1.1K Cr ▼7.9% | ₹1.2K Cr ▼35.0% | ₹1.9K Cr ▲67.5% | ₹1.1K Cr |
| OPM | 21.0% ▲10.5% | 19.0% ▲0.0% | 19.0% ▲5.6% | 18.0% ▲5.9% | 17.0% ▲0.0% | 17.0% ▼19.0% | 21.0% ▲23.5% | 17.0% |
| Net Profit | ₹655 Cr ▼11.7% | ₹742 Cr ▲0.0% | ₹742 Cr ▼31.1% | ₹1.1K Cr ▲120.2% | ₹489 Cr ▼1.4% | ₹496 Cr ▼50.2% | ₹996 Cr ▲122.8% | ₹447 Cr |
| EPS (₹) | 12.76 ▼11.1% | 14.36 ▼1.1% | 14.52 ▼31.0% | 21.03 ▲122.8% | 9.44 ▼5.7% | 10.01 ▼50.5% | 20.23 ▲126.0% | 8.95 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹29.0K Cr ▼0.7% | ₹29.2K Cr ▲7.3% | ₹27.2K Cr ▲5.8% | ₹25.7K Cr ▲80.2% | ₹14.3K Cr ▲17.1% | ₹12.2K Cr ▼10.8% | ₹13.6K Cr ▲3.7% | ₹13.2K Cr ▲14.2% | ₹11.5K Cr ▲15.6% | ₹10.0K Cr |
| Expenses | ₹23.4K Cr ▼1.8% | ₹23.8K Cr ▲5.6% | ₹22.6K Cr ▲8.0% | ₹20.9K Cr ▲96.4% | ₹10.6K Cr ▲22.4% | ₹8.7K Cr ▼13.4% | ₹10.0K Cr ▲1.1% | ₹9.9K Cr ▲18.8% | ₹8.4K Cr ▲11.7% | ₹7.5K Cr |
| Op. Profit | ₹5.5K Cr ▲4.1% | ₹5.3K Cr ▲15.8% | ₹4.6K Cr ▼4.0% | ₹4.8K Cr ▲32.5% | ₹3.6K Cr ▲4.0% | ₹3.5K Cr ▼3.3% | ₹3.6K Cr ▲11.8% | ₹3.2K Cr ▲2.2% | ₹3.1K Cr ▲27.3% | ₹2.5K Cr |
| OPM | 19.0% ▲5.6% | 18.0% ▲5.9% | 17.0% ▼10.5% | 19.0% ▼24.0% | 25.0% ▼13.8% | 29.0% ▲11.5% | 26.0% ▲8.3% | 24.0% ▼11.1% | 27.0% ▲8.0% | 25.0% |
| Other Income | ₹323 Cr ▼31.7% | ₹473 Cr ▲54.1% | ₹307 Cr ▼12.8% | ₹352 Cr ▲132.3% | ₹-1.1K Cr ▼937.7% | ₹130 Cr ▲115.1% | ₹-862 Cr ▼601.2% | ₹172 Cr ▼25.9% | ₹232 Cr ▲29.6% | ₹179 Cr |
| Interest | ₹934 Cr ▼10.6% | ₹1.0K Cr ▲10.8% | ₹943 Cr ▲15.3% | ₹818 Cr ▲30.3% | ₹628 Cr ▼19.1% | ₹776 Cr ▼18.7% | ₹955 Cr ▲6.2% | ₹899 Cr ▲6.0% | ₹848 Cr ▼19.8% | ₹1.1K Cr |
| Depreciation | ₹1.6K Cr ▲7.7% | ₹1.5K Cr ▲8.6% | ₹1.4K Cr ▲7.6% | ₹1.3K Cr ▼4.0% | ₹1.3K Cr ▲4.2% | ₹1.3K Cr ▼1.8% | ₹1.3K Cr ▲6.3% | ₹1.2K Cr ▲8.4% | ₹1.1K Cr ▲12.5% | ₹1.0K Cr |
| PBT | ₹3.3K Cr ▲2.0% | ₹3.3K Cr ▲25.9% | ₹2.6K Cr ▼15.1% | ₹3.0K Cr ▲439.2% | ₹564 Cr ▼63.7% | ₹1.6K Cr ▲226.7% | ₹475 Cr ▼62.4% | ₹1.3K Cr ▼9.8% | ₹1.4K Cr ▲138.7% | ₹587 Cr |
| Tax % | 26.0% ▲333.3% | 6.0% ▼77.8% | 27.0% ▼6.9% | 29.0% ▲52.6% | 19.0% ▲18.8% | 16.0% ▲110.8% | -148.0% ▼628.6% | 28.0% ▼12.5% | 32.0% ▲18.5% | 27.0% |
| Net Profit | ₹2.5K Cr ▼19.3% | ₹3.1K Cr ▲61.3% | ₹1.9K Cr ▼12.4% | ₹2.2K Cr ▲371.7% | ₹459 Cr ▼64.6% | ₹1.3K Cr ▲9.9% | ₹1.2K Cr ▲30.4% | ₹904 Cr ▼5.0% | ₹952 Cr ▲121.4% | ₹430 Cr |
| EPS (₹) | 47.95 ▼19.2% | 59.31 ▲55.5% | 38.14 ▼13.4% | 44.06 ▲366.2% | 9.45 ▼64.8% | 26.86 ▲9.9% | 24.43 ▲30.6% | 18.7 ▼4.6% | 19.61 ▲119.8% | 8.92 |
| Div Payout | 42.0% ▲31.3% | 32.0% ▼23.8% | 42.0% ▼28.8% | 59.0% ▼37.9% | 95.0% ▲131.7% | 41.0% ▼12.8% | 47.0% ▲74.1% | 27.0% ▲3.8% | 26.0% ▲4.0% | 25.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹504 Cr ▲0.0% | ₹504 Cr ▲4.8% | ₹481 Cr ▲0.0% | ₹481 Cr ▲0.0% | ₹481 Cr ▲0.0% | ₹481 Cr ▲0.0% | ₹481 Cr ▲0.0% | ₹481 Cr ▲0.0% | ₹481 Cr ▲0.0% | ₹481 Cr |
| Reserves | ₹18.3K Cr ▲7.0% | ₹17.1K Cr ▲47.8% | ₹11.6K Cr ▲10.0% | ₹10.5K Cr ▲11.3% | ₹9.5K Cr ▼2.5% | ₹9.7K Cr ▲11.9% | ₹8.7K Cr ▲2.2% | ₹8.5K Cr ▲17.3% | ₹7.2K Cr ▲12.9% | ₹6.4K Cr |
| Borrowings | ₹10.4K Cr ▲18.0% | ₹8.8K Cr ▼24.0% | ₹11.6K Cr ▲10.4% | ₹10.5K Cr ▲15.3% | ₹9.1K Cr ▲17.0% | ₹7.8K Cr ▼12.2% | ₹8.9K Cr ▼8.3% | ₹9.7K Cr ▲4.5% | ₹9.3K Cr ▲6.0% | ₹8.8K Cr |
| Other Liabilities | ₹11.1K Cr ▲10.6% | ₹10.0K Cr ▲3.9% | ₹9.6K Cr ▲15.8% | ₹8.3K Cr ▲41.0% | ₹5.9K Cr ▲7.1% | ₹5.5K Cr ▼0.5% | ₹5.5K Cr ▼5.5% | ₹5.9K Cr ▲5.3% | ₹5.6K Cr ▲8.6% | ₹5.1K Cr |
| Total Liabilities | ₹40.3K Cr ▲10.6% | ₹36.5K Cr ▲9.4% | ₹33.3K Cr ▲11.6% | ₹29.9K Cr ▲19.5% | ₹25.0K Cr ▲6.3% | ₹23.5K Cr ▼0.4% | ₹23.6K Cr ▼3.9% | ₹24.6K Cr ▲8.7% | ₹22.6K Cr ▲8.6% | ₹20.8K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹24.4K Cr ▲0.5% | ₹24.3K Cr ▲11.4% | ₹21.8K Cr ▲13.1% | ₹19.3K Cr ▲12.7% | ₹17.1K Cr ▼1.3% | ₹17.3K Cr ▼1.4% | ₹17.6K Cr ▼2.5% | ₹18.0K Cr ▲0.8% | ₹17.9K Cr ▲6.3% | ₹16.8K Cr |
| CWIP | ₹3.6K Cr ▲61.1% | ₹2.3K Cr ▼9.0% | ₹2.5K Cr ▼5.8% | ₹2.6K Cr ▲102.4% | ₹1.3K Cr ▲54.8% | ₹838 Cr ▲47.5% | ₹568 Cr ▲58.2% | ₹359 Cr ▼8.7% | ₹393 Cr ▲18.4% | ₹332 Cr |
| Investments | ₹1.6K Cr ▲82.3% | ₹895 Cr ▼6.2% | ₹954 Cr ▲18.7% | ₹804 Cr ▲97.5% | ₹407 Cr ▼12.7% | ₹466 Cr ▼35.6% | ₹724 Cr ▼20.8% | ₹914 Cr ▲4.7% | ₹873 Cr ▲30.1% | ₹671 Cr |
| Other Assets | ₹10.7K Cr ▲18.0% | ₹9.0K Cr ▲11.5% | ₹8.1K Cr ▲12.9% | ₹7.2K Cr ▲16.0% | ₹6.2K Cr ▲26.7% | ₹4.9K Cr ▲3.0% | ₹4.7K Cr ▼9.9% | ₹5.3K Cr ▲52.4% | ₹3.5K Cr ▲15.6% | ₹3.0K Cr |
| Total Assets | ₹40.3K Cr ▲10.6% | ₹36.5K Cr ▲9.4% | ₹33.3K Cr ▲11.6% | ₹29.9K Cr ▲19.5% | ₹25.0K Cr ▲6.3% | ₹23.5K Cr ▼0.4% | ₹23.6K Cr ▼3.9% | ₹24.6K Cr ▲8.7% | ₹22.6K Cr ▲8.6% | ₹20.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹4.8K Cr ▲12.8% | ₹4.3K Cr ▲23.2% | ₹3.5K Cr ▲9.1% | ₹3.2K Cr ▲6.0% | ₹3.0K Cr ▼17.2% | ₹3.6K Cr ▲48.9% | ₹2.4K Cr ▼12.3% | ₹2.8K Cr ▲17.3% | ₹2.4K Cr ▼7.6% | ₹2.5K Cr |
| Investing CF | ₹-3.6K Cr ▼3.0% | ₹-3.5K Cr ▼10.2% | ₹-3.2K Cr ▼29.5% | ₹-2.5K Cr ▼172.9% | ₹-910 Cr ▲19.4% | ₹-1.1K Cr ▲38.2% | ₹-1.8K Cr ▲24.4% | ₹-2.4K Cr ▼13.9% | ₹-2.1K Cr ▼132.9% | ₹-911 Cr |
| Financing CF | ₹-1.2K Cr ▼120.7% | ₹-551 Cr ▼61.6% | ₹-341 Cr ▲32.1% | ₹-502 Cr ▲75.6% | ₹-2.1K Cr ▲17.8% | ₹-2.5K Cr ▼306.2% | ₹-617 Cr ▼98.4% | ₹-311 Cr ▲53.9% | ₹-674 Cr ▲68.8% | ₹-2.2K Cr |
| Net Cash Flow | ₹-62 Cr ▼138.0% | ₹163 Cr ▲261.4% | ₹-101 Cr ▼155.5% | ₹182 Cr ▲1037.5% | ₹16 Cr ▲164.0% | ₹-25 Cr ▼25.0% | ₹-20 Cr ▼158.8% | ₹34 Cr ▲107.7% | ₹-440 Cr ▲15.9% | ₹-523 Cr |
| Free Cash Flow | ₹608 Cr ▼7.7% | ₹659 Cr ▲52.5% | ₹432 Cr ▼69.3% | ₹1.4K Cr ▼17.2% | ₹1.7K Cr ▼24.9% | ₹2.3K Cr ▲321.4% | ₹537 Cr ▲25.2% | ₹429 Cr ▲604.7% | ₹-85 Cr ▼109.2% | ₹926 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30d ▲3.4% | 29d ▼9.4% | 32d ▼22.0% | 41d ▼4.7% | 43d ▲26.5% | 34d ▲0.0% | 34d ▼5.6% | 36d ▲0.0% | 36d ▲9.1% | 33d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 30d ▲3.4% | 29d ▼9.4% | 32d ▼22.0% | 41d ▼4.7% | 43d ▲26.5% | 34d ▲0.0% | 34d ▼5.6% | 36d ▲0.0% | 36d ▲9.1% | 33d |
| Working Capital Days | -3d ▲66.7% | -9d ▲0.0% | -9d ▲77.5% | -40d ▼90.5% | -21d ▲8.7% | -23d ▼53.3% | -15d ▼36.4% | -11d ▲26.7% | -15d ▼266.7% | 9d |
| ROCE | 16.0% ▲6.7% | 15.0% ▼16.7% | 18.0% ▲38.5% | 13.0% ▲0.0% | 13.0% ▲0.0% | 13.0% ▲8.3% | 12.0% ▼7.7% | 13.0% ▲30.0% | 10.0% ▼33.3% | 15.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About 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]
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