Company research / Focus view

Torrent Power

TORNTPOWER · Power & Utilities · mid cap · Midcap 50

Revenue · FY26

₹28,610 cr

-0.8% YoY

What the business sold

Net profit · FY26

₹2,416 cr

-19.1% YoY

What it kept after tax

Operating profit · FY26

₹4,072 cr

+5.8% YoY

Profit from operations

Operating cash flow · FY26

₹5,464 cr

+13.7% YoY

Cash the operations produced

Total debt · FY26

₹13,971 cr

+58.0% YoY

Borrowings against the business

Dividend per share · FY26

—

Paid out per share · not collected yet

Five years in perspective

Price index · Start = 100 · Dividends excluded · ₹1,297.6 today (+0.10%)

+171.8% · 5Y

2021 · 10020222023202420252026 · 259.5

1M -2.5%6M -9.8%1Y +2.3%3Y +80.8%5Y +171.8%

Market cap

₹65,387 Cr

As of 13 Sept 2026

Price to earnings

28.2

Price to book 3.4

Dividend yield

1.54%

Trailing twelve months

52-week range

₹1,188 – ₹1,824

Closing prices

The financial record

₹ crore · Consolidated where reported · Indian fiscal years (April–March)

Reported metric	FY23	FY24	FY25	FY26
Revenue	25,403	26,894	28,841	28,610
Operating profit	3,518	3,235	3,848	4,072
Net profit	2,117	1,833	2,989	2,416
Operating cash flow	3,456	4,258	4,805	5,464
Free cash flow	367	602	475	-2,240
Capital expenditure	-3,089	-3,656	-4,330	-7,705
Tax expense	877	687	194	847
Total debt	10,541	11,632	8,840	13,971
Cash and equivalents	188	351	289	767
Shareholders equity	11,010	12,062	17,615	19,075
Earnings per share (₹)	44.06	38.14	61.23	47.95

Not collected yet for this company: Dividend per share. These come from the filings, not the daily price feed.

Recent quarters

₹ crore · Most recent first

Quarter ended	Revenue	Operating profit	Net profit	EPS (₹)
30 Jun 2026	8,124	1,138	639	12.68
31 Mar 2026	6,406	728	318	6.31
31 Dec 2025	6,778	990	643	12.76
30 Sept 2025	7,876	1,117	724	14.36
30 Jun 2025	7,906	1,093	731	14.52

Developments

5 positive · 0 negative

Neutral4 days ago

Maharashtra Govt Signs Nuclear Power MoUs With JSW Energy, Torrent Power

JSW Energylarge cap Torrent PowerMentioned

APAC Media10 Sept 2026, 6:26 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Maharashtra, Torrent Power, JSW Energy Sign Nuclear MoUs

JSW Energylarge cap Torrent PowerMentioned

MUMBAI VIRAL10 Sept 2026, 3:15 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Tata Power vs Torrent Power vs JSW Energy: Power Stocks on Fire! Who’s Winning the Heatwave Rally?

JSW Energylarge cap Tata PowerMentioned Torrent PowerMentioned

Goodreturns10 Sept 2026, 1:09 pm IST

Classification & context · Commentary

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Somebody's reading of events rather than an event. Worth the argument; not a filing.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Stock market today: Gift Nifty hints at a volatile trend | Vaishali Parekh recommends three stocks to buy today

Torrent Powermid cap

Livemint10 Sept 2026, 8:25 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Reads positive6 days ago

Torrent Power Commissions 322 MWp Decentralized Solar Portfolio In Maharashtra

Torrent Powermid cap

SolarQuarter8 Sept 2026, 5:19 pm IST

Classification & context · Routine

The headline states a business fact and a direction that helps it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.70. This is not the probability that the report is true.

Reads positive6 days ago

Torrent Green Energy commissions 322 MW solar projects across 50 sites in Maharashtra

Torrent Powermid cap

financialexpress.com8 Sept 2026, 4:56 pm IST

Classification & context · Routine

The headline states a business fact and a direction that helps it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.70. This is not the probability that the report is true.

Reads positive6 days ago

Torrent Power commissions 322 MWp solar projects in Maharashtra under MSKVY

Torrent Powermid cap

scanx.trade8 Sept 2026, 3:24 pm IST

Classification & context · Routine

The headline states a business fact and a direction that helps it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.70. This is not the probability that the report is true.

NeutralExpansion6 days ago

Torrent Power Adds 322 MWp Solar Capacity, Projects to Supply MSEDCL Under 25-Year PPAs

Torrent Powermid cap

Dalal Street Investment Journal8 Sept 2026, 12:16 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Reads positive6 days ago

Torrent Power Commissions 322 MWp Solar Projects; Shares Fall 0.56%

Torrent Powermid cap

HDFC Sky8 Sept 2026, 11:50 am IST

Classification & context · Routine

The headline states a business fact and a direction that helps it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.70. This is not the probability that the report is true.

Reads positive6 days ago

Torrent Green Energy commissions 322 MWp solar power projects in Nashik

Torrent Powermid cap

Business Standard8 Sept 2026, 11:50 am IST

Classification & context · Routine

The headline states a business fact and a direction that helps it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.70. This is not the probability that the report is true.

NeutralExpansion6 days ago

Torrent Power Launches 322 MWp Solar Projects in Nashik, Maharashtra

Torrent Powermid cap

Sahi8 Sept 2026, 11:26 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral7 days ago

Torrent Power to participate in three investor conferences in September

Torrent Powermid cap

scanx.trade7 Sept 2026, 8:19 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral7 days ago

Power stocks to watch: Suzlon, NTPC among Ambit’s top picks; Torrent Power gets a miss

Torrent Powermid cap NTPCMentioned Suzlon EnergyMentioned

The Economic Times7 Sept 2026, 11:13 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

About the business

Torrent Power Limited, together with its subsidiaries, engages in the generation, renewables, and transmission and distribution of electricity in India. The company owns thermal power plants with a generation capacity of 6,092 megawatts; renewable with a generation capacity of 5,952 megawatts peak; pumped storage project (PSP) develops 3,000 megawatts / 18,000 megawatt-hour PSP project; explores and evaluates various opportunities for supply of green hydrogen and green ammonia; and operates 952 ckm 400 kV and 388 ckm of 220 kV transmission line projects, including Khavda and Solapur projects. It also distributes electricity in the cities of Ahmedabad, Gandhinagar, Surat, Dahej, Dholera, Mandal Bechraji, Dadra and Nagar Haveli, and Daman and Diu covering an area of 2,050 square kilometers; and operates as a franchisee for electricity distribution in the cities of Bhiwandi, Agra, and Shil-Mumbra-Kalwa covering an area of approximately 1,007 square kilometers. In addition, the company is involved in the manufacture and supply of power cables and ancillary services; generates power from renewable energy sources comprising wind and solar; and trading of regassified liquified natural gas. The company was incorporated in 2004 and is based in Ahmedabad, India. Torrent Power Limited is a subsidiary of Torrent Investments Limited.

Industry: Utilities - Independent Power Producers

www.torrentpower.com

Data confidence

Prices, fundamentals and developments last verified 13 Sept 2026. Fundamentals are sourced from public filings feeds; interpretation is shown separately from figures.

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