Torrent Power Limited (TORNTPOWER) AI Stock Analysis

• Market Cap: ₹762.41B
• Dividend Yield: 1.48%
• Average Volume (3M): 77.48K
• Price to Earnings (P/E): 27.2
• Beta (1Y): 1.31
• Revenue Growth: -0.68%
• EPS Growth: -21.43%
• Country: IN
• Employees: 8,145
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): 59.96
• Shares Outstanding: 503,903,530
• 10 Day Avg. Volume: 54,297
• 30 Day Avg. Volume: 77,484
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,654.50
• Price Target Upside: 17.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 57.07
• Revenue Forecast (FY): ₹355.04B

• Rating: 57 Neutral
• Price Target: ₹1,509.00 ▲(7.49% Upside)
• Action: Reiterated
• Date: 05/14/26

Positive Factors

Integrated utility with regulated distribution

Torrent’s integrated model—generation, transmission and licensed distribution franchises—creates durable revenue streams tied to regulated tariffs and captive customer bases. Vertical integration helps match supply and demand, improving operational control and long-term margin stability versus pure merchant peers.

Negative Factors

Sharp free cash flow deterioration in 2026

A sudden FCF swing to -31.7B reflects heavy capex or working-capital shifts that undermine shareholder cash generation. Persistent or recurring negative FCF would force external funding, raise financing costs, and constrain dividends or strategic optionality over the medium term if not reversed.

Torrent Power Limited Business Overview & Revenue Model

Company Description

Torrent Power Limited, an integrated power utility, engages in the generation, transmission, and distribution of electricity in India. The company owns thermal and renewable power plants with a generation capacity of approximately 4,110 megawatts....

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Torrent Power Limited, an integrated power utility, engages in the generation, transmission, and distribution of electricity in India. The company owns thermal and renewable power plants with a generation capacity of approximately 4,110 megawatts....

How the Company Makes Money

Torrent Power primarily makes money by selling electricity and providing regulated utility services across the power value chain. Its key revenue streams typically include: (1) Electricity distribution: revenue from supplying power to end consumer...

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Torrent Power primarily makes money by selling electricity and providing regulated utility services across the power value chain. Its key revenue streams typically include: (1) Electricity distribution: revenue from supplying power to end consumer...

Torrent Power Limited Financial Statement Overview

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	284.14B	289.66B	288.41B	268.94B	254.03B	140.55B
Gross Profit	63.78B	60.56B	63.38B	54.39B	54.86B	42.41B
EBITDA	56.72B	55.41B	57.66B	48.78B	51.26B	25.12B
Net Income	29.90B	24.16B	29.89B	18.33B	21.17B	4.54B
Balance Sheet
Total Assets	403.09B	451.93B	365.73B	333.92B	299.10B	250.23B
Cash, Cash Equivalents and Short-Term Investments	56.49B	23.39B	12.53B	12.91B	10.89B	6.82B
Total Debt	104.31B	139.71B	88.40B	116.32B	105.41B	91.43B
Total Liabilities	208.90B	254.85B	183.58B	207.95B	184.24B	150.44B
Stockholders Equity	188.11B	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

• Technical Analysis Sentiment: Neutral
• Last Price: 1403.85
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TORNTPOWER, the sentiment is Neutral. The current price of 1403.85 is below the 20-day moving average (MA) of 1648.05, below the 50-day MA of 1524.00, and above the 200-day MA of 1364.85, indicating a neutral trend. The MACD of -12.08 indicates Positive momentum. The RSI at 39.90 is Neutral, neither overbought nor oversold. The STOCH value of 15.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:TORNTPOWER.

Torrent Power Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
POWERGRID	64 Neutral	₹2.79T	14.72	―	3.37%	2.05%	2.63%
CESC	63 Neutral	₹239.46B	12.91	―	3.56%	9.23%	12.18%
TORNTPOWER	57 Neutral	₹762.41B	27.23	―	1.48%	-0.68%	-21.43%
TATAPOWER	51 Neutral	₹1.32T	32.32	―	0.59%	-4.66%	-5.61%
SJVN	49 Neutral	₹289.31B	38.87	―	1.94%	47.40%	-21.63%
NHPC	47 Neutral	₹798.78B	26.61	―	2.44%	11.90%	24.47%