Torrent Power Limited (IN:TORNTPOWER)
:TORNTPOWER
Want to see IN:TORNTPOWER full AI Analyst Report?
Top Page
Torrent Power Limited
(TORNTPOWER)
Select Model
Select Model
Rating:57Neutral
Price Target:
₹1,509.00
▲(7.49% Upside)
Action:Reiterated
Date:05/14/26
The score is mainly driven by solid revenue growth and operating profitability, tempered by a sharp deterioration in free cash flow in 2026 and a higher leverage trend. Technicals are currently weak/oversold and valuation appears relatively demanding with only a modest dividend yield, keeping the overall score in the mid-range.
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.
Read all positive and negative factors
Positive Factors
Negative 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.
Read all positive factors
Torrent Power Limited (TORNTPOWER) vs. iShares MSCI India ETF (INDA)
Market Cap
₹723.76B
Dividend Yield1.48%
Average Volume (3M)77.48K
Price to Earnings (P/E)30.2
Beta (1Y)1.41
Revenue Growth-0.68%
EPS Growth-21.43%
CountryIN
Employees8,145
SectorUtilities
Sector Strength65
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)59.96
Shares Outstanding503,903,530
10 Day Avg. Volume54,297
30 Day Avg. Volume77,484
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
₹1,654.50Price Target Upside17.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)53.81
Revenue Forecast (FY)₹348.43B
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 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
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 | 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 | 58.64B | 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
Positive
1403.85
Price Trends
1527.02
Negative
1474.19
Negative
1374.40
Positive
Market Momentum
-29.04
Negative
47.07
Neutral
59.27
Neutral
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 1425.89, below the 50-day MA of 1527.02, and above the 200-day MA of 1374.40, indicating a neutral trend. The MACD of -29.04 indicates Negative momentum. The RSI at 47.07 is Neutral, neither overbought nor oversold. The STOCH value of 59.27 is Neutral, 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
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹55.28B | 9.23 | ― | 7.35% | 6.40% | -32.72% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | ₹4.46T | 34.70 | ― | ― | -1.75% | -0.81% | |
57 Neutral | ₹723.76B | 30.23 | ― | 1.48% | -0.68% | -21.43% | |
55 Neutral | ₹1.05T | 45.05 | ― | 0.41% | 60.92% | 14.55% | |
51 Neutral | ₹1.28T | 34.32 | ― | 0.59% | -4.66% | -5.65% | |
49 Neutral | ₹107.98B | -32.74 | ― | ― | 0.49% | -111.08% |
* Utilities Sector Average
IN:TORNTPOWER
Torrent Power Limited
1,436.30
38.37
2.74%
IN:ADANIPOWER
Adani Power Limited
231.45
123.84
115.08%
IN:JSWENERGY
JSW Energy Limited
570.35
71.80
14.40%
IN:PTC
PTC India Limited
186.75
23.56
14.44%
IN:RPOWER
Reliance Power Limited
26.11
-36.44
-58.26%
IN:TATAPOWER
Tata Power Company Limited
402.10
9.10
2.32%
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.