Torrent Power Limited (TORNTPOWER) AI Stock Analysis

• Market Cap: ₹856.28B
• Dividend Yield: 1.48%
• Average Volume (3M): 77.48K
• Price to Earnings (P/E): 25.6
• Beta (1Y): 1.27
• Revenue Growth: -0.76%
• EPS Growth: 28.02%
• Country: IN
• Employees: 8,145
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): 10.55
• Shares Outstanding: 503,903,530
• 10 Day Avg. Volume: 54,297
• 30 Day Avg. Volume: 77,484
• PEG Ratio: 0.40
• Price to Book (P/B): 4.15
• Price to Sales (P/S): 2.54
• P/FCF Ratio: 154.03
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 57.69
• Revenue Forecast (FY): ₹351.05B

• Rating: 74 Outperform
• Price Target: ₹1,944.00 ▲(38.48% Upside)
• Action: Reiterated Date: 04/24/26
• Date: Action: Reiterated 04/24/26

Positive Factors

Integrated generation-transmission-distribution platform

Torrent Power's integrated model (generation, transmission and distribution plus renewables) creates diversified, complementary revenue streams. Regulated distribution franchises and contracted renewable/PPA sales provide predictable cash flows and operational synergies that support durable earnings and lower volatility over a multi-month horizon.

Negative Factors

Weak free cash flow conversion

Despite strong operating cash, free cash flow conversion is very low and has declined annually. Low FCF limits capacity to deleverage, pay sustained dividends, or self-fund new projects without external financing. This weak conversion raises medium-term funding risk if capex or working capital needs rise.

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....

Read more

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...

Read more

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 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	284.14B	288.41B	268.94B	254.03B	140.55B	120.17B
Gross Profit	63.78B	63.38B	54.39B	54.86B	42.41B	42.43B
EBITDA	56.72B	57.66B	48.78B	51.26B	25.12B	35.97B
Net Income	29.90B	29.89B	18.33B	21.17B	4.54B	12.91B
Balance Sheet
Total Assets	403.09B	365.73B	333.92B	299.10B	250.23B	235.39B
Cash, Cash Equivalents and Short-Term Investments	56.49B	12.53B	12.91B	10.89B	6.82B	5.34B
Total Debt	104.31B	88.40B	116.32B	105.41B	91.43B	78.17B
Total Liabilities	208.90B	183.58B	207.95B	184.24B	150.44B	133.18B
Stockholders Equity	188.11B	176.15B	120.62B	110.10B	99.43B	101.84B
Cash Flow
Free Cash Flow	-1.80B	4.75B	6.02B	6.40B	13.58B	16.92B
Operating Cash Flow	25.24B	48.05B	42.58B	34.56B	31.67B	29.88B
Investing Cash Flow	-35.67B	-36.42B	-35.44B	-32.16B	-24.83B	-9.10B
Financing Cash Flow	9.81B	-12.16B	-5.51B	-3.41B	-5.02B	-20.61B

Torrent Power Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TORNTPOWER, the sentiment is Positive. The current price of 1403.85 is below the 20-day moving average (MA) of 1422.32, below the 50-day MA of 1450.82, and above the 200-day MA of 1339.57, indicating a bullish trend. The MACD of 20.27 indicates Negative momentum. The RSI at 67.30 is Neutral, neither overbought nor oversold. The STOCH value of 97.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TORNTPOWER.

Torrent Power Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TORNTPOWER	74 Outperform	₹856.28B	25.60	―	1.48%	-0.76%	28.02%
CESC	73 Outperform	₹239.20B	19.48	―	3.56%	11.14%	5.30%
POWERGRID	72 Outperform	₹2.94T	14.70	―	3.37%	4.06%	-0.13%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
NHPC	65 Neutral	₹810.13B	90.79	―	2.44%	12.35%	16.21%
TATAPOWER	65 Neutral	₹1.39T	39.28	―	0.59%	0.62%	-0.76%
SJVN	55 Neutral	₹305.86B	32.79	―	1.94%	15.92%	-37.26%