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Torrent Power Ltd

(TORNTPOWER)

₹1664.250.21%

as on 04:01PM, 05 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Torrent Power Ltd Analyst Rating

based on 10 analysts

HOLD

40.00%

Buy

20.00%

Hold

40.00%

Sell

Based on 10 analysts offering long term price targets for Torrent Power Ltd. An average target of ₹1487.1

Source: S&P Global Market Intelligence

Torrent Power Ltd Share analysis

Torrent Power Ltd price forecast by 10 analysts

Downside of-10.83%

High

₹2026

Target

₹1487.10

Low

₹880

Torrent Power Ltd target price ₹1487.1, a slight downside of -10.83% compared to current price of ₹1664.25. According to 10 analysts rating.

Source: S&P Global Market Intelligence

Torrent Power Ltd Performance

  • Day's Low

    Day's High

    ₹1,655.25
    ₹1,696.3
  • 52 Week's Low

    52 Week's High

    ₹869
    ₹2,037
1 Month Return-2.47 %
3 Month Return-0.34 %
1 Year Return+ 72.61 %
Previous Close₹1,667.75
Open₹1,675.30
Volume5.10L
Upper Circuit-
Lower Circuit-
Market Cap₹80,154.86Cr

Torrent Power Ltd Key Statistics

P/E Ratio35.73
PEG Ratio25.52
Market Cap₹80,154.86 Cr
P/B Ratio5.42
EPS39.45
Dividend Yield1.18
SectorPower Generation & Distribution
ROE15.6

Torrent Power Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹80,154.86 Cr99.92%0.74₹1,896 Cr₹27,219 Cr
HOLD₹82,319.06 Cr48.72%0.74₹4,028 Cr₹9,659 Cr
HOLD₹1,13,325.31 Cr148.85%0.66₹1,724 Cr₹11,485 Cr
BUY₹3,61,443.23 Cr45.34%0.78₹21,332 Cr₹1,78,500 Cr
BUY₹3,02,316.13 Cr41.7%0.80₹15,573 Cr₹45,843 Cr

About Torrent Power Ltd

Torrent Power Ltd is a leading player in the Indian power sector, incorporated in 1998. It is a part of the multi-billion dollar business conglomerate, the Torrent Group.

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: ₹1664.25 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹80,154.86Cr 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
OrganisationTorrent Power Ltd
Headquarters
IndustryPower Generation & Distribution
E-voting on sharesClick here to vote

Key events for Torrent Power Ltd

  • Torrent Power Launches QIP, Shares Surge - 03 Dec, 2024

    Torrent Power announced a Qualified Institutional Placement (QIP) to raise up to ₹5,000 crore, leading to a significant surge in its share price by over 5%. The floor price is set at ₹1,555.75 per share, with proceeds aimed at reducing debt and supporting growth initiatives.
  • Torrent Power Launches QIP Amid Strong Market Performance - 02 Dec, 2024

    Torrent Power opened a QIP to raise up to ₹5,000 crore, setting a floor price of ₹1,555.75 per share. The company reported strong Q2 results, with revenue growth and a significant market cap increase following a nearly 7% share price surge.
  • Torrent Power Reports Revenue Growth in Q2FY25 - 30 Nov, 2024

    Torrent Power Ltd reported a revenue increase of 3.27% in Q2FY25, reaching Rs. 7,300.51 Crores, with profits rising to Rs. 525.89 Crores. The stock closed at Rs. 1,510.95, up 0.19%.
  • Torrent Power Faces Decline Amid Market Trends - 26 Nov, 2024

    Torrent Power Ltd has seen a 17.31% decline over the past month, underperforming the BSE Utilities index. Today, the stock fell 1.94% to Rs 1591.25, while the BSE Utilities index decreased by 0.7%. The stock reached a record high of Rs 2037.35 on October 22, 2024, and a 52-week low of Rs 786.3 on November 24, 2023.
  • Torrent Power Faces Decline Amid Poor Q2 Results - 22 Nov, 2024

    Torrent Power's stock has dropped 17% in November, nearing a 5-month low, following a disappointing Q2FY25 report with a 9% YoY decline in net profit. Revenue rose 3.1%, but lower thermal generation and renewable contributions impacted earnings. The company is expanding its renewable energy capacity and has plans for hydrogen projects.
  • Torrent Power Faces Downgrade Amid Growth Plans - 18 Nov, 2024

    Torrent Power's stock faced a downgrade from ICICI Securities due to profit concerns, despite ambitious plans for renewable energy expansion and significant capex investments.
  • Torrent Power Reports Profit Decline, Shares Fall - 14 Nov, 2024

    Torrent Power's Q2 FY2024-25 results show an 8.6% decline in net profit to Rs 496 crore, attributed to lower electricity demand from an extended monsoon. Despite a 3.1% increase in revenue, shares fell 5%, leading to a significant market cap drop.
  • 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.

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.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, TORNTPOWER stock has moved up by 10.6%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, TORNTPOWER has outperformed top 5 stocks with highest market-cap in Electric Utilities

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, TORNTPOWER has outperformed top 5 stocks with highest market-cap in Electric Utilities

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 8.42% to 8.89% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 53.57% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 9.11K Cr → 7.30K Cr (in ₹), with an average decrease of 19.9% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 14.21% to 13.97% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 972.24 Cr → 481.03 Cr (in ₹), with an average decrease of 50.5% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.01% to 9.77% in Sep 2024 quarter

Torrent Power Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹6,960.92Cr (-)₹6,366.09Cr (↓8.55%)₹6,528.58Cr (↑2.55%)₹9,033.73Cr (↑38.37%)₹7,175.81Cr (↓20.57%)
Net Income₹542.55Cr (-)₹374.13Cr (↓31.04%)₹447.04Cr (↑19.49%)₹996.34Cr (↑122.87%)₹495.72Cr (↓50.25%)
Net Profit Margin7.79% (-)5.88% (↓24.52%)6.85% (↑16.50%)11.03% (↑61.02%)6.91% (↓37.35%)
Value in ₹ crore
Details2021202220232024
Total Assets₹24,456.35Cr (-)₹25,208.26Cr (↑3.07%)₹27,440.07Cr (↑8.85%)₹30,637.77Cr (↑11.65%)
Total Liabilities₹14,205.12Cr (-)₹15,242.24Cr (↑7.30%)₹16,420.40Cr (↑7.73%)₹18,599.27Cr (↑13.27%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3,469.08Cr (-)₹2,670.42Cr (↓23.02%)₹2,980.80Cr (↑11.62%)₹3,117.59Cr (↑4.59%)₹3,413.69Cr (↑9.50%)

Index Inclusions

S&P BSE Infra.

₹643.88

0.36 (2.29%)

Nifty Midcap 150

₹21,577.65

0.43 (92.5%)

S&P BSE 250 LargeMidCap

₹10,817.39

0.72 (77.65%)

BSE Mid-Cap

₹47,500.51

0.27 (128.26%)

Nifty Midcap 100

₹58,441.55

0.57 (329.15%)

S&P BSE Momentum

₹2,317.42

0.71 (16.37%)

Nifty 500

₹23,277.95

0.77 (178.45%)

BSE 200

₹11,398.02

0.76 (85.94%)

Nifty Alpha 50

₹58,300.35

0.92 (531.1%)

S&P BSE 150 MidCap

₹16,333.92

0.28 (46.32%)

Nifty MidSmallcap 400

₹20,435.95

0.45 (91.15%)

Nifty 200

₹13,983.40

0.85 (117.2%)

S&P BSE 400 MidSmallCap

₹12,483.43

0.3 (37.57%)

Nifty LargeMidcap 250

₹16,244.75

0.66 (106.95%)

S&P BSE POWER

₹7,613.06

0.2 (15.28%)

BSE 500

₹36,619.24

0.68 (248.55%)

S&P BSE Utilities

₹5,842.84

0.2 (11.68%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Torrent Power Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.57%
0.00
Foreign Institutions
8.89%
5.51
Mutual Funds
13.97%
-1.68
Retail Investors
9.77%
-42.56
Others
13.8%
103.34

Torrent Power Ltd Key Indicators

Details20202021202220232024
Return On Equity %18.3413.637.5720.0515.6
Details20202021202220232024
Return On Assets %4.85.281.87.725.98
Details20202021202220232024
Book Value Per Share (₹)190.21211.62206.56228.72250.56
Details20202021202220232024
Earning Per Share (₹)24.5326.969.5445.0439.45

Torrent Power Ltd Valuation

Torrent Power Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.14x)

March 23, 2020

Industry (28.16x)

December 4, 2024

Today (35.73x)

December 4, 2024

Highest (60.37x)

April 18, 2022

LowHigh

Torrent Power Ltd Earnings and Dividends

  • Torrent Power Ltd Earnings Results

    Torrent Power Ltd’s net profit fell -8.53% since last year same period to ₹481.03Cr in the Q2 2024-2025. On a quarterly growth basis, Torrent Power Ltd has generated -50.52% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Torrent Power Ltd Dividends May,2024

    In the quarter ending March 2024, Torrent Power Ltd has declared dividend of ₹4 - translating a dividend yield of 1.20%.

    Read More about Dividends

Torrent Power Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Torrent Power Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Torrent Power Ltd

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  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Torrent Power Ltd shares.

Torrent Power Ltd (TORNTPOWER) share price today is ₹1664.25

Torrent Power Ltd is listed on NSE

Torrent Power Ltd is listed on BSE

  • Today’s highest price of Torrent Power Ltd is ₹1696.3.
  • Today’s lowest price of Torrent Power Ltd is ₹1655.25.

PE Ratio of Torrent Power Ltd is 35.73

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 5.10L.

Today’s market capitalisation of Torrent Power Ltd(TORNTPOWER) is ₹80154.86Cr.

Torrent Power Ltd(TORNTPOWERPrice
52 Week High
₹2037
52 Week Low
₹869

Torrent Power Ltd(TORNTPOWER) share price is ₹1664.25. It is down -18.30% from its 52 Week High price of ₹2037

Torrent Power Ltd(TORNTPOWER) share price is ₹1664.25. It is up 91.51% from its 52 Week Low price of ₹869

Torrent Power Ltd(TORNTPOWERReturns
1 Day Returns
-3.5%
1 Month Returns
-2.47%
3 Month Returns
-0.34%
1 Year Returns
72.61%