🔔 Earnings Alert
Torrent Power Ltd reports Q2 FY2024-25 net profit of ₹496 crore, an 8.6% decline YoY, despite a 3.08% rise in core operational revenue.
Torrent Power Ltd Analyst Rating
based on 10 analysts
40.00%
Buy
30.00%
Hold
30.00%
Sell
Based on 10 analysts offering long term price targets for Torrent Power Ltd. An average target of ₹1537.5
Source: S&P Global Market Intelligence
Torrent Power Ltd Share analysis
Torrent Power Ltd price forecast by 10 analysts
Downside of
High
₹2268
Target
₹1537.50
Low
₹880
Torrent Power Ltd target price ₹1537.5, a slight downside of -6.54% compared to current price of ₹1645.1. According to 10 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Torrent Power Ltd revenue growth forecast
Expected growth rate Q1, FY2026:25.27%
Forecast
Actual
Including amortisation and stock based compensations
Torrent Power Ltd EPS growth forecast
EPS estimate Q1, FY2026:60.64%
Forecast
Actual
Source: S&P Global Market Intelligence
Torrent Power Ltd Performance
Day's Low
Day's High
₹1,634₹1,69252 Week's Low
52 Week's High
₹776₹2,037
| Returns % | |
| 1 Month Return | -15.21 % |
| 3 Month Return | -2 % |
| 1 Year Return | + 99.08 % |
| Market Stats | |
| Previous Close | ₹1,658.70 |
| Open | ₹1,657.50 |
| Volume | 2.90L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹79,066.27Cr |
Torrent Power Ltd Key Statistics
| P/E Ratio | 35.24 |
| PEG Ratio | 25.17 |
| Market Cap | ₹79,066.27 Cr |
| P/B Ratio | 5.42 |
| EPS | 39.45 |
| Dividend Yield | 1.18 |
| Sector | Power Generation & Distribution |
| ROE | 15.6 |
Torrent Power Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹79,066.27 Cr | 91.84% | 0.74 | ₹1,896 Cr | ₹27,219 Cr | |
| HOLD | ₹78,291.00 Cr | 46.19% | 0.74 | ₹4,028 Cr | ₹9,659 Cr | |
| HOLD | ₹1,27,403.58 Cr | 187.09% | 0.66 | ₹1,724 Cr | ₹11,485 Cr | |
| BUY | ₹3,69,782.36 Cr | 44.34% | 0.78 | ₹21,332 Cr | ₹1,78,500 Cr | |
| HOLD | ₹2,95,759.20 Cr | 40.14% | 0.80 | ₹15,573 Cr | ₹45,843 Cr |
About Torrent Power Ltd
Torrent Power Ltd is engaged in the generation, transmission, and distribution of electricity in multiple states of India. It has a total installed capacity of more than 3,945 MW and a network of over 5,000 km of transmission lines. It also provides a wide range of energy solutions including power trading, energy efficiency services, and renewable energy solutions.
The company's core lines of business include electricity distribution, transmission, and generation. It also has interests in the areas of gas distribution, solar energy, and trading. Torrent Power Ltd has a portfolio of products and services including electricity, gas, solar energy, energy efficiency services, and power trading. It has a number of popular brands such as Torrent Energy, Torrent Solar, and Torrent Power Trading.
Share Price: ₹1645.10 per share as on 13 Nov, 2024 04:01 PM
Market Capitalisation: ₹79,066.27Cr as of today
Revenue: ₹7,175.81Cr as on September 2024 (Q3 24)
Net Profit: ₹495.72Cr as on September 2024 (Q3 24)
Listing date: 28 Nov, 2006
Chairperson Name: Samir Mehta
| Organisation | Torrent Power Ltd |
| Headquarters | |
| Industry | Power Generation & Distribution |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
08:14 AM
-Torrent Power reports Q2 FY2024-25 net profit of ₹496 crore, down 8.6% YoY, despite 3.08% revenue growth.
Key events for Torrent Power Ltd
Torrent Power Reports Decline in Q2 Profit - 14 Nov, 2024
Torrent Power Ltd posted a net profit of ₹496 crore for Q2 FY2024-25, an 8.6% decline from the previous year. However, operational revenue increased by 3.08% to ₹7,175.81 crore, indicating some resilience despite challenges in thermal generation and electricity demand.
Torrent Power Reports Decline in Q2 Profit - 13 Nov, 2024
Torrent Power's Q2 FY24 net profit fell 9% to Rs 495.72 crore, impacted by lower electricity demand and reduced renewable capacity utilization. Revenue increased slightly, but higher expenses and lower thermal generation contributed to the decline.
Torrent Power Expands Renewable Energy Supply Agreement - 12 Nov, 2024
Torrent Power Limited has signed a Share Subscription and Shareholders Agreement with Spectrum Dyes and Chemicals and Anubha Industries to supply up to 9.9 MW of renewable hybrid power. This partnership emphasizes Torrent's commitment to sustainability and supports the power needs of its partners through renewable sources.
Torrent Power Targets 10 GW Renewable Capacity by 2030 - 05 Nov, 2024
Torrent Power aims to achieve 10 GW of renewable energy capacity by 2030, investing ₹57,000 crore, which will create 25,000 jobs. The company is also expanding its gas-based generation and exploring opportunities in green hydrogen and energy storage.
Torrent Power Hits 52-Week High Amid Growth Plans - 22 Oct, 2024
Torrent Power's stock surged 3.56% to a 52-week high of ₹2,037. The company plans a QIP of ₹3,000-₹4,000 crore for acquisitions and growth. Q1 FY25 revenue rose 23.28% YoY to ₹9,034 crore, with PAT increasing to ₹996 crore.
Torrent Power Plans Major Fundraise for Growth - 21 Oct, 2024
Torrent Power is set to raise ₹3,000-4,000 crore through a qualified institutional placement (QIP) to support acquisitions and capital expenditures, with potential to raise up to ₹5,000 crore if demand is strong.
Torrent Power Hits 52-Week High After Stake Sale - 18 Oct, 2024
Torrent Power's stock reached a 52-week high of ₹1,993, climbing 2.74% after announcing a Share Purchase Agreement to sell its stake in Torrent Electricals. The company has seen a 171% increase in shares over the past year.
Insights on Torrent Power Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, TORNTPOWER has outperformed top 5 stocks with highest market-cap in Electric Utilities
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 8.42% to 8.89% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, TORNTPOWER has outperformed top 5 stocks with highest market-cap in Electric Utilities
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 53.57% of holdings in Sep 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 972.24 Cr → 481.03 Cr (in ₹), with an average decrease of 50.5% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 14.21% to 13.97% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 17.01% to 9.77% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 9.11K Cr → 7.30K Cr (in ₹), with an average decrease of 19.9% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, TORNTPOWER stock has moved down by -7.3%
Torrent Power Ltd Financials
Index Inclusions
Torrent Power Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 53.57% | 0.00 | |
| Foreign Institutions | 8.89% | 5.51 | |
| Mutual Funds | 13.97% | ||
| Retail Investors | 9.77% | ||
| Others | 13.8% | 103.34 |
Torrent Power Ltd Key Indicators
Torrent Power Ltd Valuation
Torrent Power Ltd in the last 5 years
Lowest (8.14x)
March 23, 2020
Industry (27.44x)
November 13, 2024
Today (35.24x)
November 13, 2024
Highest (60.37x)
April 18, 2022
Torrent Power Ltd Earnings and Dividends
Torrent Power Ltd Earnings Results
Torrent Power Ltd’s net profit jumped 87.96% since last year same period to ₹972.24Cr in the Q1 2024-2025. On a quarterly growth basis, Torrent Power Ltd has generated 125.98% jump in its net profits since last 3-months.
Read More about Earnings ResultsTorrent Power Ltd Dividends May,2024
In the quarter ending March 2024, Torrent Power Ltd has declared dividend of ₹4 - translating a dividend yield of 1.22%.
Read More about Dividends
Torrent Power Ltd Technicals Summary
Bearish
Neutral
Bullish
Torrent Power Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Torrent Power Ltd (TORNTPOWER) share price today is ₹1645.1
Torrent Power Ltd is listed on NSE
Torrent Power Ltd is listed on BSE
- Today’s highest price of Torrent Power Ltd is ₹1692.
- Today’s lowest price of Torrent Power Ltd is ₹1634.
PE Ratio of Torrent Power Ltd is 35.24
PE ratio = Torrent Power Ltd Market price per share / Torrent Power Ltd Earnings per share
Today’s traded volume of Torrent Power Ltd(TORNTPOWER) is 2.90L.
Today’s market capitalisation of Torrent Power Ltd(TORNTPOWER) is ₹79066.27Cr.
| Torrent Power Ltd(TORNTPOWER | Price |
|---|---|
52 Week High | ₹2037 |
52 Week Low | ₹776 |
Torrent Power Ltd(TORNTPOWER) share price is ₹1645.1. It is down -19.24% from its 52 Week High price of ₹2037
Torrent Power Ltd(TORNTPOWER) share price is ₹1645.1. It is up 112.00% from its 52 Week Low price of ₹776
| Torrent Power Ltd(TORNTPOWER | Returns |
|---|---|
1 Day Returns | -13.6% |
1 Month Returns | -15.21% |
3 Month Returns | -2% |
1 Year Returns | 99.08% |