Torrent Power Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 28.2x vs industry 49.6x)
- Regular dividends — yield 1.5%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPOWER Adani Power Limited | ₹207 | ₹4.0L Cr | 28 | 6.15 | 21.1 | 17.2 | 0.83 |
| NTPC NTPC Limited | ₹333 | ₹3.2L Cr | 11.6 | 1.58 | 15.1 | 8.92 | 1.33 |
| POWERGRID Power Grid Corporation of India Limited | ₹266 | ₹2.5L Cr | 15.6 | 2.46 | 15.3 | 9.1 | 1.37 |
| ADANIGREEN Adani Green Energy Limited | ₹1,301 | ₹2.1L Cr | 111 | 10.75 | 11.4 | 7.39 | 5.19 |
| ADANIENSOL Adani Energy Solutions Limited | ₹1,410 | ₹1.7L Cr | 59 | 6.65 | 9.44 | 9.65 | 1.93 |
| TATAPOWER Tata Power Company Limited | ₹368 | ₹1.2L Cr | 30 | 2.97 | 10.2 | 10.5 | 1.86 |
| JSWENERGY JSW Energy Limited | ₹540 | ₹99K Cr | 49.3 | 3.08 | 7.51 | 8.16 | 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 Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026
Dividend - Rs 5 Per Share
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
Latest News
All newsTorrent Power updates analysts on investor meet schedule
*Torrent Power updates analysts on investor meet schedule* — The company shared details about its upcoming analyst and institutional investor meet. The event is aimed at providing operational and strategic updates. No financial figures or major announcements were disclosed. 📊 *STOCKS:* TORNTPWR | 🏢 *SECTOR:* Energy | #LOWIMPACT #InvestorMeet
Torrent Power files routine regulatory update with SEBI
*Torrent Power files routine regulatory update with SEBI.* Torrent Power Limited submitted a disclosure under SEBI (LODR) Regulations, 2015. The filing pertains to **Regulation 30** and contains general updates. No financial or operational impact is indicated. 📊 *STOCKS:* TORNTPOWER | 🏢 *SECTOR:* Energy | #LOWIMPACT #Regulatory
Torrent Power to hold shareholders meeting on August 03, 2026
*Torrent Power to hold shareholders meeting on August 03, 2026.* The meeting is scheduled for discussing routine corporate matters. No **financial impact** or strategic announcements are indicated in the filing. This is a procedural event with no immediate trading implications. 📊 *STOCKS:* TPWR | 🏢 *SECTOR:* Energy | #LOWIMPACT #ShareholdersMeeting
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 1.9% | ₹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 | ₹5.6K Cr 4.8% | ₹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 | ₹287 Cr 39.3% | ₹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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