Press Release

Revenue DeclineEbitda Margin ExpansionExceptional ItemResults View source PDF Explain this filing

TORNTPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-9.0%Reaction day

₹1600.70

prior close

₹1538.20

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.6%-9.7% vs market

Power peers, median of 36sector · industry level+0.3%-9.3% vs sector

On the reaction day the stock moved 9.7 pts less than Nifty Midcap 150 and 9.3 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+0.7

15m

-0.6

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-9.0+0.6-9.7+0.3-9.3

Next day

-8.6+1.8-10.4+1.4-10.0

-8.4+1.4-9.7-0.3-8.1

-4.7+1.1-5.8-2.0-2.7

-7.2+1.9-9.1-0.2-7.0

-5.3+2.3-7.6-1.0-4.3

-6.2+2.5-8.7-1.1-5.1

15d

-10.0+1.6-11.7-1.6-8.4

-13.2+2.9-16.1-2.0-11.2

-9.7+5.5-15.2-6.1-3.5

-17.8+7.2-25.0-9.8-8.0

UpDownMarket · Nifty Midcap 150Sector · Power peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Torrent Power reported Q4 FY26 revenue of ₹ 6,406 Crs (flat vs Q4 FY25) and full-year revenue of ₹ 28,966 Crs, marginally lower than ₹ 29,165 Crs in FY25. EBITDA for FY26 stood at ₹ 5,864 Crs, up from ₹ 5,795 Crs in FY25. Total Comprehensive Income declined to ₹ 2,514 Crs from ₹ 3,059 Crs, though adjusting for a one-time ₹ 637 Cr deferred tax reversal in FY25, TCI actually improved by ₹ 92 Crs. The company maintained a strong balance sheet with Net Debt: Equity of 0.67 and Net Debt: EBITDA of 2.06. The Board declared total dividend of ₹ 20 per share (200%). Major growth plans include ₹ 30,000 Cr investment in 3 GW thermal capacity and acquisition of 1,400 MW Nabha Power.

Likely market impact

Revenue declined marginally due to lower gas generation contribution, but EBITDA margin expanded slightly showing operational efficiency. Despite lower TCI, the underlying business performance improved when excluding the prior-year tax benefit. The company remains financially strong with robust delisting plans, making the stock attractive for income-focused investors given the 200% dividend.