Want to see IN:TORNTPOWER full AI Analyst Report?
Top Page
Torrent Power Limited
(TORNTPOWER)
Select Model
Select Model
Rating:53Neutral
Price Target:
₹1,179.00
▼(-6.33% Downside)
Action:Reiterated
Date:08/17/26
The score is primarily supported by solid revenue growth and decent operating profitability, but is meaningfully weighed down by poor free-cash-flow quality in 2026 and a recent uptick in leverage. Technicals are bearish with the stock below key moving averages and negative MACD, while valuation appears somewhat expensive given a modest dividend yield.
Positive Factors
Revenue Growth
Sustained revenue expansion indicates that Torrent Power has increased the scale of its electricity generation, transmission, and distribution activities over several years. Continued top-line growth can support reinvestment, strengthen operating relevance, and provide a durable base for future earnings.
Negative Factors
Weak Free-Cash-Flow Conversion
The sharp swing to negative free cash flow means operating cash did not cover investment and other cash requirements in 2026. A prolonged heavy investment cycle or working-capital drag could increase dependence on external funding and reduce flexibility for shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained revenue expansion indicates that Torrent Power has increased the scale of its electricity generation, transmission, and distribution activities over several years. Continued top-line growth can support reinvestment, strengthen operating relevance, and provide a durable base for future earnings.
Read all positive factors
Torrent Power Limited (TORNTPOWER) vs. iShares MSCI India ETF (INDA)
Market Cap
₹585.08B
Dividend Yield1.72%
Average Volume (3M)61.12K
Price to Earnings (P/E)25.2
Beta (1Y)1.34
Revenue Growth4.09%
EPS Growth-16.62%
CountryIN
Employees8,173
SectorGeneral
Sector StrengthN/A
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)46.11
Shares Outstanding503,903,530
10 Day Avg. Volume47,383
30 Day Avg. Volume61,116
Financial Highlights & Ratios
PEG Ratio-1.25
Price to Book (P/B)3.45
Price to Sales (P/S)2.27
P/FCF Ratio-20.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,505.67Price Target Upside19.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)54.83
Revenue Forecast (FY)₹352.91B
Torrent Power Limited Business Overview & Revenue Model
Company Description
Torrent Power Limited is a comprehensive power utility in India, actively involved in the generation, transmission, and distribution of electricity. The company operates a diverse portfolio of thermal and renewable energy assets, with an approxima...
How the Company Makes Money
Torrent Power primarily earns revenue by selling electricity and providing regulated network services across the power value chain. A major revenue stream comes from its electricity distribution business, where it purchases or generates power and ...
Torrent Power Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
66
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 291.84B | 289.66B | 288.41B | 268.94B | 254.03B | 140.55B |
| Gross Profit | 79.24B | 60.56B | 63.38B | 54.39B | 54.86B | 42.41B |
| EBITDA | 58.95B | 58.64B | 57.66B | 48.78B | 51.29B | 25.15B |
| Net Income | 23.24B | 24.16B | 29.89B | 18.33B | 21.17B | 4.54B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 451.93B | 365.73B | 333.92B | 299.10B | 250.23B |
| Cash, Cash Equivalents and Short-Term Investments | 23.19B | 23.19B | 12.53B | 12.91B | 10.89B | 6.82B |
| Total Debt | 0.00 | 139.71B | 88.40B | 116.32B | 105.41B | 91.43B |
| Total Liabilities | -197.09B | 254.85B | 183.58B | 207.95B | 184.24B | 150.44B |
| Stockholders Equity | 197.09B | 190.75B | 176.15B | 120.62B | 110.10B | 99.43B |
Cash Flow | ||||||
| Free Cash Flow | -1.80B | -31.66B | 4.75B | 6.02B | 6.40B | 13.58B |
| Operating Cash Flow | 25.24B | 45.39B | 48.05B | 42.58B | 34.56B | 31.67B |
| Investing Cash Flow | -35.67B | -82.01B | -36.42B | -35.44B | -32.16B | -24.83B |
| Financing Cash Flow | 9.81B | 41.40B | -12.16B | -5.51B | -3.41B | -5.02B |
Torrent Power Limited Technical Analysis
Negative
1258.70
Price Trends
1240.31
Negative
1321.49
Negative
1393.82
Negative
Market Momentum
-23.28
Positive
38.39
Neutral
16.70
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TORNTPOWER, the sentiment is Negative. The current price of 1258.7 is above the 20-day moving average (MA) of 1207.56, above the 50-day MA of 1240.31, and below the 200-day MA of 1393.82, indicating a bearish trend. The MACD of -23.28 indicates Positive momentum. The RSI at 38.39 is Neutral, neither overbought nor oversold. The STOCH value of 16.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TORNTPOWER.
Torrent Power Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹40.46B | 7.96 | ― | 23.04% | 15.24% | -44.80% | |
56 Neutral | ₹3.56T | 19.53 | ― | ― | 8.20% | 51.44% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹585.08B | 25.16 | ― | 1.72% | 4.09% | -16.62% | |
53 Neutral | ₹884.66B | 43.13 | ― | 0.34% | 26.38% | 11.53% | |
52 Neutral | ₹1.07T | 27.69 | ― | 0.75% | -4.19% | -4.84% | |
47 Neutral | ₹71.76B | -22.90 | ― | 2.08% | 2.87% | -109.96% |
* General Sector Average
IN:TORNTPOWER
Torrent Power Limited
1,161.10
-137.80
-10.61%
IN:ADANIPOWER
Adani Power Limited
184.70
22.20
13.66%
IN:JSWENERGY
JSW Energy Limited
482.50
-53.98
-10.06%
IN:PTC
PTC India Limited
136.70
-5.94
-4.16%
IN:RPOWER
Reliance Power Limited
17.35
-29.20
-62.73%
IN:TATAPOWER
Tata Power Company Limited
335.40
-71.73
-17.62%
Torrent Power Limited Corporate Events
Torrent Power to Join J.P. Morgan India Investor Conference
Sep 14, 2026
Torrent Power Limited has informed stock exchanges that its representatives will participate in the J. P. Morgan India Conference 2026 in Mumbai on September 22, 2026. The in-person investor conference appearance underscores the company’s on...
Torrent Power posts earnings call transcript for June-quarter results
Aug 6, 2026
Torrent Power Limited has announced that the transcript of its recent earnings conference call with analysts and investors, discussing unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, has been made avail...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.