Torrent Power Ltd
Torrent Power Ltd (TORNTPOWER) last reported results for the quarter ended Jun 2026, with sales of ₹8,124 crore and net profit of ₹662 crore. The stock last traded at ₹1,231, a market capitalisation of ₹62,010 crore, on a P/E of 26.7. Over the past 52 weeks the stock has ranged between ₹1,199 and ₹1,824. Figures are as of 6 Oct 2026 and are not real time.
Torrent Power Ltd share price and key metrics
- Current price
- ₹1,231
- Market cap
- ₹62,010 cr
- Stock P/E
- 26.7
- Book value
- ₹379
- ROE
- 12.5%
- ROCE
- 13.7%
- Dividend yield
- 1.62%
- 52w high / low
- 1824/1199
Metrics as of 6 Oct 2026. Not real time.
Track Torrent Power Ltd
Cruxal reads every Torrent Power Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
Torrent Power Ltd growth and returns
- 10 Years
- 10%
- 5 Years
- 19%
- 3 Years
- 4%
- TTM
- 4%
- 10 Years
- 10%
- 5 Years
- 12%
- 3 Years
- 4%
- TTM
- -15%
- 10 Years
- 21%
- 5 Years
- 19%
- 3 Years
- 19%
- 1 Year
- 3%
- 10 Years
- 14%
- 5 Years
- 15%
- 3 Years
- 15%
- Last Year
- 12%
Torrent Power Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹8,124 cr, up 2.8% from ₹7,906 cr a year earlier. Net profit was ₹662 cr, down 10.8% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 7,176 | 6,499 | 6,456 | 7,906 | 7,876 | 6,778 | 6,406 | 8,124 |
| Expenses | 5,968 | 5,388 | 5,326 | 6,423 | 6,370 | 5,375 | 5,257 | 6,586 |
| Operating profit | 1,207 | 1,112 | 1,130 | 1,483 | 1,506 | 1,403 | 1,149 | 1,538 |
| OPM % | 17% | 17% | 18% | 19% | 19% | 21% | 18% | 19% |
| Other income | 125 | 172 | 114 | 105 | 78 | 69 | 71 | 81 |
| Interest | 272 | 276 | 236 | 212 | 216 | 255 | 252 | 293 |
| Depreciation | 371 | 378 | 389 | 390 | 389 | 413 | 421 | 400 |
| Profit before tax | 689 | 630 | 619 | 985 | 979 | 805 | 547 | 925 |
| Tax % | 28% | 22% | -74% | 25% | 24% | 19% | 39% | 28% |
| Net profit | 496 | 489 | 1,077 | 742 | 742 | 655 | 331 | 662 |
| EPS (₹) | 10.01 | 9.44 | 21.03 | 14.52 | 14.36 | 12.76 | 6.31 | 12.68 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Torrent Power Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,960 | 11,512 | 13,151 | 13,641 | 12,173 | 14,258 | 25,694 | 27,183 | 29,165 | 28,966 | 29,184 |
| Operating profit | 2,472 | 3,148 | 3,217 | 3,596 | 3,477 | 3,615 | 4,789 | 4,596 | 5,322 | 5,577 | 5,596 |
| OPM % | 25% | 27% | 24% | 26% | 29% | 25% | 19% | 17% | 18% | 19% | 19% |
| Net profit | 430 | 952 | 904 | 1,179 | 1,296 | 459 | 2,165 | 1,896 | 3,059 | 2,469 | 2,390 |
| EPS (₹) | 8.92 | 19.61 | 18.70 | 24.43 | 26.86 | 9.45 | 44.06 | 38.14 | 59.31 | 47.95 | 46.11 |
TTM is the trailing twelve months to the most recent quarter.
Torrent Power Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 481 | 481 | 481 | 481 | 481 | 481 | 481 | 481 | 504 | 504 |
| Reserves | 6,411 | 7,239 | 8,490 | 8,673 | 9,704 | 9,463 | 10,529 | 11,581 | 17,111 | 18,571 |
| Borrowings | 8,768 | 9,298 | 9,715 | 8,908 | 7,817 | 9,143 | 10,541 | 11,632 | 8,840 | 13,971 |
| Other liabilities | 5,132 | 5,571 | 5,865 | 5,541 | 5,513 | 5,902 | 8,320 | 9,633 | 10,004 | 11,999 |
| Total liabilities | 20,793 | 22,589 | 24,550 | 23,603 | 23,514 | 24,988 | 29,872 | 33,326 | 36,459 | 45,045 |
| Fixed assets | 16,804 | 17,871 | 18,014 | 17,569 | 17,326 | 17,097 | 19,269 | 21,802 | 24,286 | 25,611 |
| CWIP | 332 | 393 | 359 | 568 | 838 | 1,297 | 2,625 | 2,472 | 2,250 | 6,965 |
| Investments | 671 | 873 | 914 | 724 | 466 | 407 | 804 | 954 | 895 | 1,531 |
| Other assets | 2,986 | 3,453 | 5,263 | 4,743 | 4,885 | 6,187 | 7,174 | 8,097 | 9,028 | 10,938 |
| Total assets | 20,793 | 22,589 | 24,550 | 23,603 | 23,514 | 24,988 | 29,872 | 33,326 | 36,459 | 45,045 |
As reported by the company. Total assets equal total liabilities by construction.
Torrent Power Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 2,356 | 2,764 | 2,425 | 3,610 | 2,988 | 3,167 | 3,456 | 4,258 | 4,805 | 5,464 |
| Cash from investing | -2,122 | -2,418 | -1,828 | -1,129 | -910 | -2,483 | -3,216 | -3,544 | -3,650 | -8,088 |
| Cash from financing | -674 | -311 | -617 | -2,506 | -2,061 | -502 | -341 | -551 | -1,216 | 3,101 |
| Net cash flow | -440 | 34 | -20 | -25 | 16 | 182 | -101 | 163 | -62 | 478 |
| Free cash flow | -85 | 429 | 537 | 2,263 | 1,699 | 1,407 | 432 | 659 | 608 | -2,156 |
| CFO / operating profit | 100% | 98% | 84% | 109% | 93% | 94% | 82% | 103% | 94% | 109% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Torrent Power Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 10% | 13% | 12% | 13% | 13% | 13% | 18% | 15% | 16% | 14% |
| Debtor days | 36 | 36 | 34 | 34 | 43 | 41 | 32 | 29 | 30 | 29 |
| Cash conversion cycle | 36 | 36 | 34 | 34 | 43 | 41 | 32 | 29 | 30 | 29 |
| Working capital days | -15 | -11 | -15 | -23 | -21 | -40 | -9 | -9 | -3 | -35 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Torrent Power Ltd shareholding pattern
Promoters held 51.09% at Jun 2026, broadly unchanged since Jun 2025. FIIs 8.53% and DIIs 22.69%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 53.56% | 51.09% | 51.09% | 51.09% | 51.09% | 51.09% | 51.09% | 51.09% |
| FIIs | 8.88% | 9.93% | 9.43% | 9.79% | 8.82% | 8.32% | 8.40% | 8.53% |
| DIIs | 19.03% | 21.21% | 21.90% | 21.41% | 22.16% | 22.74% | 22.82% | 22.69% |
| Government | 8.75% | 8.35% | 8.35% | 8.35% | 8.35% | 8.35% | 8.35% | 8.35% |
| Public | 9.77% | 9.42% | 9.25% | 9.35% | 9.60% | 9.51% | 9.33% | 9.37% |
| No. of shareholders | 1,53,443 | 1,66,387 | 1,65,189 | 1,65,738 | 1,75,073 | 1,68,442 | 1,60,566 | 1,55,488 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Torrent Power Ltd corporate filings
- Compliance under Reg 74 (5)Company Updatelow impact
- Torrent Power terminates 300 MW wind power PPA with SECI, incurring liquidated damages of ₹39.78 crore due to project delaysCompany Updatehigh impact
Cruxal's analysis: Torrent Power Limited announced the termination of a long-term 300 MW wind power purchase…
Read the full analysis - Closure of Trading WindowInsider Trading / SASTlow impact
- Torrent Power Ltd announces participation in upcoming investor conferenceCompany Updatelow impact
Cruxal's analysis: Torrent Power has issued an intimation regarding its participation in an investor…
Read the full analysis - Torrent Power Ltd announces participation in upcoming investor conferenceCompany Updatelow impact
Cruxal's analysis: Torrent Power Ltd has filed an intimation regarding its participation in an investor…
Read the full analysis - Torrent Power commissions new projectCompany Updatemedium impact
Cruxal's analysis: Torrent Power has announced the formal commissioning of a new project. This operational…
Read the full analysis - Torrent Power Ltd announces participation in upcoming investor conferencesCompany Updatelow impact
Cruxal's analysis: Torrent Power Ltd has issued an intimation regarding its participation in upcoming…
Read the full analysis - Torrent Power Ltd schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Torrent Power Ltd has issued an intimation regarding a scheduled analyst/investor…
Read the full analysis - Torrent Power announces CFO transition: Vikas Poddar appointed as successor to retiring Saurabh MashruwalaOtherslow impact
Cruxal's analysis: Torrent Power Limited has announced a leadership change in its finance department, with…
Read the full analysis - Torrent Power incorporates two new step-down subsidiaries for renewable energy and green hydrogen expansionCompany Updatelow impact
Cruxal's analysis: Torrent Power Limited has incorporated two new step-down subsidiaries, Torrent Urja 50…
Read the full analysis - Torrent Power Ltd schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Torrent Power Ltd has issued an intimation regarding a scheduled analyst/investor…
Read the full analysis - Torrent Power Ltd schedules analyst and investor meetingsCompany Updatelow impact
Cruxal's analysis: Torrent Power Ltd has issued an intimation regarding upcoming analyst and investor…
Read the full analysis - Torrent Power Limited files transcript of Q1 FY2027 earnings conference callCompany Updatelow impact
Cruxal's analysis: Torrent Power Limited has formally filed the transcript of its earnings conference call…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.