Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Companies›Utilities›Power›Power
NSE:TORNTPOWER

TORRENT POWER LTD

Power › Power·NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 150NIFTY MIDSMALLCAP 400+4
₹1,179.90
at close · 27 Oct 2026
▲ 22.90 (+1.98%)
ThemesGreen Hydrogen· growingSolar Energy· growingWind Energy· growingBatteries & Energy Storage· announcedElectric Vehicles· announced

Latest filings

  1. AA+ Stable ratings upheld; proposed Rs 2,500 crore debentures rated · Credit & Debt
  2. Routine SEBI compliance certificate submitted for Q2 FY26 · Compliance
  3. Torrent Power: 300 MW wind PPA with SECI terminated, Rs 39.78 cr damages payable · Business Updates
All filings ↓
Ask Nexa about TORRENT POWER LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates an integrated power utility with three reporting segments. The Transmission and Distribution segment is the largest, accounting for ₹24,764.42 crore or 73.7% of segment revenue for the period ending 31 March 2026, distributing electricity to 4.3 million customers. The Generation segment contributed ₹7,585.36 crore (22.6% share), running conventional power plants, while Renewables contributed ₹1,241.14 crore (3.7% share). Total installed capacity stood at 12,044 MWp, with an additional 4 GWp of renewables under development. Recent additions include the ₹3,632.35 crore acquisition of 1,400 MW Nabha Power from L&T Power Development, a 1,600 MW coal power purchase agreement in Madhya Pradesh, and a 300 MW wind award from SECI. The cost base is dominated by other operating expenses at 72.9% of revenue, with depreciation at 5.6% and employee costs at 2.4%, giving an FY26 EBITDA margin of 20.24%.

Revenue mix · reported segments
Transmission and Distribution73.7%
Generation22.6%
Renewables3.7%
Operating scale
Customers served
4.3 millionFY26
Total capacity
12,044 MWpFY26
Renewables under development
4 GWpFY26
Nabha Power acquisition
1,400 MWFY26
Coal PPA in Madhya Pradesh
1,600 MWFY26
Wind SECI award
300 MWFY26
Who pays it
Retail and commercial electricity consumers in licensed distribution areas (4.3 million customers)
Biggest cost
Other operating expenses at 72.9% of revenue (FY26), which for a power utility typically includes power purchase costs
Kind of business
Asset-heavy, regulated integrated power utility with generation, T&D and renewables operations
Where it sits
Integrated power utility operating 12,044 MWp of capacity and serving 4.3 million distribution customers, with active renewables expansion
Market Cap
₹59,455 Cr
P / E (TTM)
25.6×
EV / EBITDA
12.3×
Div Yield
1.72%
Growth
18.9%▲
Revenue 5y CAGR
PAT +13.8% · EBITDA +10.2%
Quality
13.8%▲
ROCE (5y median)
ROE 15.1% (5y median) · margin 20.2%
Leverage
0.70·
Debt / Equity · moderate
Net debt ₹12,966 Cr
Revenue FY21→FY26
2.4×▲
Margin −2.1 pts
₹12,173 Cr → ₹28,966 Cr
Cash conversion
2.11×▲
Operating cash ÷ profit · 5 yrs
₹21,150 Cr on ₹10,047 Cr
Moves on a normal day
1.15%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 37 Power peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#19/31
P/B#27/35
ROCE#6/38
ROE#9/35
Debt / Equity#15/35
EBITDA margin#29/33
Revenue growth#23/33
Profit growth#25/34

Scorecard

Measured from the filed financials, judged against its Power peers · as of FY26 — not investment advice

Strengths
Revenue compounding 19% a year over 5 years
Profit compounding 14% a year over 5 years
Over 5 years it reported ₹10,047 Cr of profit and ₹21,150 Cr of operating cash — 2.11×
Profit is converting into cash
Pays out 41% of profit as dividend
Concerns
Erratic profits — up in only 2 of the last 5 years

Charts

How has the market priced it — with filings on the timeline?

TORNTPOWER · price

Loading chart…

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

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from TORRENT POWER LTD's filed financials and exchange disclosures

What does TORRENT POWER LTD do?

TORRENT POWER LTD is a Power company listed on NSE and BSE, trading under the symbol TORNTPOWER.

Is TORRENT POWER LTD profitable?

Yes. Over the trailing twelve months TORRENT POWER LTD reported a net profit of ₹2,390 Cr on revenue of ₹29,184 Cr.

Does TORRENT POWER LTD pay a dividend?

Yes. The dividend yield is 1.72% at the current price. It paid out 41% of its profit as dividend in FY26.

Is TORRENT POWER LTD debt-free?

No. It reported borrowings of ₹13,733 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹12,966 Cr after cash. Debt stands at 0.70× equity. That is lower than 59% of its 35 Power peers.

Is TORRENT POWER LTD expensive compared with its peers?

On trailing P/E, TORRENT POWER LTD ranks 19 of 31 in Power — cheaper than 40% of them, against an industry median of 19.4×. This is a position, not a valuation judgement.

How much does the TORRENT POWER LTD share price move in a day?

On a typical session TORRENT POWER LTD moves 1.15% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track TORRENT POWER LTD's announcements?

Every NSE and BSE filing by TORRENT POWER LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.