Torrent Power Ltd

Torrent Power Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Torrent Power Ltd

₹ 564 0.40%
02 Jun - close price
torrentpower.com BSE: 532779 NSE : TORNTPOWER
About

Torrent Power Ltd is a leading integrated power utility company in India with presence across generation, transmission and distribution of power. Its operations are spread across the states of Gujarat, Maharashtra, Uttar Pradesh and Karnataka.[1]

It is a part of Torrent Group which has presence across pharmaceutical, power and city gas distribution business.[2]

Key Points

Project Portfolio
As per FY22, the company has a total operational power generation capacity of ~4,100 MW through its gas-based and coal-based thermal generation power plants situated in the state of Gujarat and through its solar and wind farm projects located across Gujarat, Karnataka and Maharashtra. [1]

Website BSE NSE
  • Market Cap ₹ 27,097 Cr.
  • Current Price ₹ 564
  • High / Low ₹ 610 / 431
  • Stock P/E 12.8
  • Book Value ₹ 229
  • Dividend Yield 2.31 %
  • ROCE 19.0 %
  • ROE 20.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 48.4%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Power Generation & Distribution Industry: Power Generation And Supply

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
2,984 3,007 3,129 2,953 3,084 3,099 3,648 3,767 3,744 6,510 6,703 6,443 6,038
2,156 2,038 2,418 2,082 2,170 2,371 2,709 2,833 2,753 5,450 5,539 4,999 4,947
Operating Profit 827 969 711 870 914 728 938 934 991 1,060 1,164 1,444 1,090
OPM % 28% 32% 23% 29% 30% 24% 26% 25% 26% 16% 17% 22% 18%
-963 35 37 37 32 36 36 66 -1,203 108 94 84 96
Interest 222 220 202 190 164 163 157 157 151 186 215 228 189
Depreciation 335 316 317 319 328 329 332 334 340 312 319 322 329
Profit before tax -693 468 230 399 455 273 485 509 -703 671 725 977 668
Tax % 60% 20% 12% 19% 13% 24% 24% 27% 31% 25% 33% 29% 28%
Net Profit -274 374 202 322 398 208 369 369 -487 502 484 695 484
EPS in Rs -5.72 7.75 4.18 6.67 8.26 4.30 7.64 7.66 -10.15 10.45 10.02 14.24 9.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
7,906 8,181 8,641 10,348 11,680 9,960 11,512 13,151 13,641 12,173 14,258 25,694
5,579 6,819 7,310 8,246 8,681 7,487 8,364 9,934 10,045 8,695 10,643 20,935
Operating Profit 2,327 1,362 1,331 2,103 2,999 2,472 3,148 3,217 3,596 3,477 3,615 4,759
OPM % 29% 17% 15% 20% 26% 25% 27% 24% 26% 29% 25% 19%
90 132 233 320 337 179 232 172 -862 130 -1,089 382
Interest 336 438 705 962 1,131 1,058 848 899 955 776 628 818
Depreciation 384 427 585 720 916 1,006 1,132 1,227 1,304 1,280 1,334 1,281
Profit before tax 1,698 630 275 740 1,290 587 1,401 1,264 475 1,552 564 3,041
Tax % 26% 39% 61% 51% 30% 27% 32% 28% -148% 16% 19% 29%
Net Profit 1,255 387 108 363 902 430 952 904 1,179 1,296 459 2,165
EPS in Rs 26.51 8.19 2.23 7.61 18.73 8.92 19.61 18.70 24.43 26.86 9.45 44.06
Dividend Payout % 25% 24% 22% 20% 24% 25% 26% 27% 47% 41% 95% 9%
Compounded Sales Growth
10 Years: 12%
5 Years: 17%
3 Years: 24%
TTM: 80%
Compounded Profit Growth
10 Years: 19%
5 Years: 19%
3 Years: 12%
TTM: 143%
Stock Price CAGR
10 Years: 16%
5 Years: 16%
3 Years: 20%
1 Year: 17%
Return on Equity
10 Years: 11%
5 Years: 14%
3 Years: 14%
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
472 472 472 472 481 481 481 481 481 481 481 481
Reserves 5,286 5,631 5,733 6,083 5,990 6,411 7,239 8,490 8,673 9,704 9,463 10,529
5,414 8,050 9,463 9,355 8,515 8,768 9,298 9,715 8,908 7,817 9,143 10,541
2,750 3,125 3,457 3,722 4,626 5,132 5,571 5,865 5,541 5,513 5,902 8,359
Total Liabilities 13,923 17,278 19,126 19,632 19,612 20,793 22,589 24,550 23,603 23,514 24,988 29,910
7,568 7,758 10,185 15,088 15,139 16,804 17,871 18,014 17,569 17,326 17,097 19,269
CWIP 3,445 6,163 4,550 233 213 332 393 359 568 838 1,297 2,625
Investments 258 367 866 607 511 671 873 914 724 466 407 804
2,652 2,990 3,525 3,705 3,748 2,986 3,453 5,263 4,743 4,885 6,187 7,213
Total Assets 13,923 17,278 19,126 19,632 19,612 20,793 22,589 24,550 23,603 23,514 24,988 29,910

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1,597 1,568 1,355 2,251 2,550 2,356 2,764 2,425 3,610 2,988 3,167
-2,832 -3,725 -885 -1,158 -911 -2,122 -2,418 -1,828 -1,129 -910 -2,483
1,164 2,090 437 -1,206 -2,163 -674 -311 -617 -2,506 -2,061 -502
Net Cash Flow -71 -67 908 -112 -523 -440 34 -20 -25 16 182

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 30 34 34 31 33 36 36 34 34 43 41 32
Inventory Days 137
Days Payable 254
Cash Conversion Cycle 30 34 34 31 33 36 36 34 34 43 41 -85
Working Capital Days -29 -98 -25 -31 9 -13 -11 -7 -23 12 12 25
ROCE % 21% 8% 6% 11% 15% 10% 13% 12% 13% 13% 13% 19%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
53.57 53.57 53.57 53.57 53.57 53.57 53.57 53.57 53.57 53.56 53.56 53.56
8.52 9.08 9.06 8.45 8.14 7.33 6.86 6.86 6.79 6.77 6.73 6.30
18.44 17.97 18.01 18.77 19.03 20.13 20.87 20.91 21.18 21.21 21.31 21.63
1.47 1.47 1.47 1.47 1.47 1.47 1.47 1.47 1.47 1.47 1.47 1.47
18.01 17.92 17.90 17.75 17.80 17.50 17.24 17.20 17.00 16.99 16.94 17.02

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls