TORRENT POWER LIMITED

BSE: TORNTPOWER532779ISIN INE813H01021

Utilities
Integrated Power Utilities
BSE 200

BSE listing

Share price

₹1,258.00-17.05 (-1.34%)

as of 18 Sep 2026

52W high: ₹1,824.00
52W low: ₹1,188.00
Off 52W high: -31.03%
1M return: +1.13%
3M return: -12.41%
6M return: -13.18%
1Y return: -2.05%
20D avg volume: 90,632
50 DMA: ₹1,331.80
200 DMA: ₹1,408.25

Key ratios Consolidated

Market cap: ₹63,391 Cr
Current price: ₹1,258.00
52W high / low: ₹1,824.00 / ₹1,188.00
Face value: ₹10.00
P/E: 26.53
P/B: —
EPS (TTM): ₹47.42
Book value / share: —
ROE: —
ROCE: 12.00%
Operating margin: —
Net margin: —
Debt / equity: 0.70
Net debt: ₹12,966 Cr
Interest cover: 4.55
Dividend yield: 1.59%
Dividend / share (TTM): ₹20.00
Payout: 42.18%
Cash conversion cycle: 12.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	8,124	6,406	6,778	7,876	7,906	6,456	6,499	7,176	9,034	6,529	6,366	6,961
	80.66	70.88	69.15	77.91	104.67	114.35	171.87	124.70	76.29	96.87	53.56	108.19
	7,280	5,930	6,042	6,975	7,026	5,951	6,041	6,612	7,795	6,008	5,906	6,328
	0.00	0.00	0.00	0.00	0.00	0.00	—	114.07	99.39	102.58	89.51	106.02
	0.00	294.86	574.05	463.66	261.10	381.75	393.01	147.31	181.84	313.98	181.31	134.68
	179.38	162.62	183.47	174.41	185.30	160.84	165.93	190.31	172.88	147.35	155.95	161.66
	292.99	251.86	254.67	215.82	212.12	236.36	276.08	272.34	260.09	233.47	235.49	247.19
	400.41	421.00	412.65	388.83	390.27	389.13	377.52	370.99	359.48	355.02	348.78	341.74
	6,407	4,799	4,617	5,732	5,977	4,783	390.43	410.88	464.78	396.44	382.55	359.86
	925.19	547.36	804.97	979.10	985.34	619.35	629.90	688.68	1,315	617.31	513.35	740.67
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	925.19	547.36	804.97	979.10	985.34	619.35	629.90	688.68	1,315	617.31	513.35	740.67
	263.34	215.87	150.23	237.55	243.76	-457.87	140.57	192.96	318.31	170.27	139.22	198.12
	661.85	331.49	654.74	741.55	741.58	1,077	489.33	495.72	996.34	447.04	374.13	542.55
	12.68	6.31	12.76	14.36	14.52	21.03	9.76	10.01	20.23	8.95	7.49	10.94
Key metrics
	1,619	1,220	1,472	1,584	1,588	1,245	1,284	1,332	1,934	1,206	1,098	1,330
	19.90%	19.00%	21.70%	20.10%	20.10%	19.30%	19.70%	18.60%	21.40%	18.50%	17.20%	19.10%
	8.10%	5.20%	9.70%	9.40%	9.40%	16.70%	7.50%	6.90%	11.00%	6.80%	5.90%	7.80%
	—	2.30%	—	3.70%	—	3.00%	—	—	—	—	—	—
	2.80%	-0.80%	4.30%	9.80%	-12.50%	-1.10%	2.10%	3.10%	—	—	—	—
	-10.80%	-69.20%	33.80%	49.60%	-25.60%	141.00%	30.80%	-8.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	29,184	28,966	29,165	27,183	25,694	14,258	12,173	13,641	13,151	11,512
	298.60	322.61	487.21	344.32	381.85	235.04	141.81	177.59	189.59	263.55
	26,226	25,972	26,400	24,945	23,035	12,629	10,763	12,343	12,077	10,375
	0.00	0.00	213.46	406.50	334.81	262.64	104.21	250.60	259.86	233.44
	1,333	1,594	1,104	690.53	1,879	305.99	48.24	53.69	229.46	—
	699.88	705.80	689.96	611.19	578.25	533.54	538.94	532.05	486.42	467.03
	1,015	934.47	1,045	943.40	818.20	628.21	775.73	954.55	898.93	848.19
	1,623	1,613	1,497	1,378	1,281	1,334	1,280	1,304	1,227	—
	21,555	21,125	21,850	1,504	1,224	1,056	1,038	1,287	859.37	871.10
	3,257	3,317	3,253	2,583	3,041	1,864	1,552	1,475	1,264	1,401
	0.00	0.00	0.00	0.00	0.00	-1,300	0.00	-1,000	0.00	0.00
	3,257	3,317	3,253	2,583	3,041	563.97	1,552	474.84	1,264	1,401
	866.99	847.41	193.97	686.60	876.69	105.27	255.90	704.04	359.78	448.87
	2,390	2,469	3,059	1,896	2,165	458.70	1,296	1,179	903.83	952.12
	46.11	47.95	61.23	38.14	44.06	9.45	26.86	24.43	18.70	—
Key metrics
	5,895	5,864	5,795	4,904	5,141	2,526	3,607	2,734	3,389	2,249
	20.20%	20.20%	19.90%	18.00%	20.00%	17.70%	29.60%	20.00%	25.80%	19.50%
	8.19%	8.50%	10.50%	7.00%	8.40%	3.20%	10.60%	8.60%	6.90%	8.30%
	—	12.00%	14.80%	—	—	—	—	—	—	—
	—	-0.70%	7.30%	5.80%	80.20%	17.10%	-10.80%	3.70%	14.20%	—
	—	-19.30%	61.30%	-12.40%	371.90%	-64.60%	9.90%	30.40%	-5.10%	—
	—	-2,240	474.70	—	—	—	—	—	—	—
	—	2.21	1.57	—	—	—	—	—	—	—
	—	0.70	0.48	—	—	—	—	—	—	—
	—	12,966	8,448	—	—	—	—	—	—	—
	—	12.1	15.0	—	—	—	—	—	—	—
Balance sheet
	—	45,193	36,573	—	—	—	—	—	—	—
	—	9,239	8,620	—	—	—	—	—	—	—
	—	766.61	289.11	—	—	—	—	—	—	—
	—	2,330	2,362	—	—	—	—	—	—	—
	—	507.18	658.02	—	—	—	—	—	—	—
	—	547.24	158.38	—	—	—	—	—	—	—
	—	24,201	23,028	—	—	—	—	—	—	—
	—	1,879	1,824	—	—	—	—	—	—	—
	—	9,713	7,589	—	—	—	—	—	—	—
	—	13,733	8,737	—	—	—	—	—	—	—
	—	1,862	1,426	—	—	—	—	—	—	—
	—	11,871	7,310	—	—	—	—	—	—	—
	—	19,709	18,216	—	—	—	—	—	—	—
Cash flow
	—	5,464	4,805	—	—	—	—	—	—	—
	—	-8,088	-3,650	—	—	—	—	—	—	—
	—	3,101	-1,216	—	—	—	—	—	—	—
	—	7,705	4,330	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	6,049	4,480	5,097	6,106	6,167	4,692	4,746	5,293	7,193	4,787	4,681	5,106
	183.22	169.04	156.58	187.73	172.60	178.92	162.10	200.80	145.06	156.83	92.62	139.78
	5,426	4,025	4,393	5,331	5,437	4,227	4,323	4,825	6,065	4,323	4,252	4,582
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	294.86	574.05	463.66	261.10	381.75	393.01	147.18	181.84	313.98	181.31	134.68
	149.58	139.61	157.96	144.55	159.03	147.84	150.30	169.30	154.12	129.75	139.88	144.75
	206.75	175.97	191.30	164.37	163.94	187.29	231.63	228.97	227.44	204.04	190.96	194.29
	271.28	299.28	294.15	266.20	276.76	274.99	268.88	296.40	293.45	288.35	283.48	277.15
	4,799	3,115	3,176	4,292	4,576	3,235	316.67	368.17	401.40	342.42	321.76	316.11
	805.49	624.39	860.25	963.32	902.45	644.25	584.89	669.32	1,273	620.76	521.70	664.49
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	805.49	624.39	860.25	963.32	902.45	644.25	584.89	669.32	1,273	620.76	521.70	664.49
	218.34	192.49	148.09	217.16	217.56	-445.55	216.19	177.47	299.63	177.24	137.96	172.60
	587.15	431.90	712.16	746.16	684.89	1,090	368.70	491.85	973.43	443.52	383.74	491.89
	11.65	8.57	14.13	14.81	13.59	21.63	7.56	10.23	20.25	9.23	7.98	10.23
Key metrics
	1,284	1,100	1,346	1,394	1,343	1,107	1,085	1,195	1,794	1,113	996.14	1,136
	21.20%	24.50%	26.40%	22.80%	21.80%	23.60%	22.90%	22.60%	24.90%	23.30%	21.30%	22.20%
	9.70%	9.60%	14.00%	12.20%	11.10%	23.20%	7.80%	9.30%	13.50%	9.30%	8.20%	9.60%
	—	2.70%	—	4.00%	—	3.20%	—	—	—	—	—	—
	-1.90%	-4.50%	7.40%	15.40%	-14.30%	-2.00%	1.40%	3.70%	—	—	—	—
	-14.30%	-60.40%	93.20%	51.70%	-29.60%	145.70%	-3.90%	0.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	21,732	21,850	21,913	19,957	18,836	13,716	11,777	13,442	12,978	11,449
	696.57	685.95	686.85	489.60	434.64	296.09	250.28	245.09	261.55	267.92
	19,175	19,186	19,501	18,000	16,340	12,197	10,444	12,141	11,991	10,341
	0.00	0.00	0.00	—	—	—	—	250.60	259.86	233.44
	1,333	1,594	1,104	690.53	1,879	305.99	48.24	53.69	229.46	—
	591.70	601.15	615.27	544.02	513.85	514.07	521.76	528.49	484.21	465.32
	738.39	695.58	873.72	781.43	668.34	581.56	718.96	891.86	892.15	839.69
	1,131	1,136	1,072	1,123	1,059	1,234	1,180	1,230	1,163	1,111
	15,381	15,159	15,836	1,291	1,050	1,042	1,006	1,225	845.60	—
	3,253	3,350	3,098	2,446	2,931	1,814	1,583	1,546	1,248	1,376
	0.00	0.00	0.00	—	—	-1,300	—	-1,000	—	—
	3,253	3,350	3,098	2,446	2,931	514.38	1,583	545.90	1,248	1,376
	776.08	775.30	247.29	648.24	827.57	104.67	258.33	692.24	359.12	453.79
	2,477	2,575	2,851	1,798	2,104	409.71	1,325	1,238	889.24	921.74
	49.16	51.10	58.41	37.41	43.77	8.52	27.57	25.76	18.50	—
Key metrics
	5,123	5,182	5,044	4,351	4,659	2,330	3,482	2,668	3,304	3,326
	23.57%	23.70%	23.00%	21.80%	24.70%	17.00%	29.60%	19.80%	25.50%	29.10%
	11.40%	11.80%	13.00%	9.00%	11.20%	3.00%	11.30%	9.20%	6.90%	8.10%
	—	13.70%	15.50%	—	—	—	—	—	—	—
	—	-0.30%	9.80%	5.90%	37.30%	16.50%	-12.40%	3.60%	13.40%	—
	—	-9.70%	58.60%	-14.50%	413.50%	-69.10%	7.00%	39.20%	-3.50%	—
	—	2,859	2,820	—	—	—	—	—	—	—
	—	1.82	1.50	—	—	—	—	—	—	—
	—	0.43	0.36	—	—	—	—	—	—	—
	—	7,719	6,133	—	—	—	—	—	—	—
	—	13.1	15.5	—	—	—	—	—	—	—
Balance sheet
	—	35,802	31,659	—	—	—	—	—	—	—
	—	6,875	8,178	—	—	—	—	—	—	—
	—	565.39	222.42	—	—	—	—	—	—	—
	—	1,718	1,691	—	—	—	—	—	—	—
	—	443.56	608.55	—	—	—	—	—	—	—
	—	94.85	107.34	—	—	—	—	—	—	—
	—	15,647	15,495	—	—	—	—	—	—	—
	—	1,378	1,370	—	—	—	—	—	—	—
	—	6,207	5,992	—	—	—	—	—	—	—
	—	8,285	6,355	—	—	—	—	—	—	—
	—	945.81	1,119	—	—	—	—	—	—	—
	—	7,339	5,236	—	—	—	—	—	—	—
	—	19,068	17,456	—	—	—	—	—	—	—
Cash flow
	—	4,694	4,278	—	—	—	—	—	—	—
	—	-4,762	-2,881	—	—	—	—	—	—	—
	—	411.10	-1,438	—	—	—	—	—	—	—
	—	1,835	1,457	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +5.07%
Sales CAGR 5Y: +13.16%
Sales CAGR 10Y: —
Profit CAGR 3Y: +6.97%
Profit CAGR 5Y: +14.21%
Profit CAGR 10Y: —
Sales YoY (TTM): +3.99%
Profit YoY (TTM): -5.99%

Consolidated

Sales CAGR 3Y: +4.08%
Sales CAGR 5Y: +18.93%
Sales CAGR 10Y: —
Profit CAGR 3Y: +4.49%
Profit CAGR 5Y: +13.76%
Profit CAGR 10Y: —
Sales YoY (TTM): +4.09%
Profit YoY (TTM): -14.77%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 51.09%

Quarter	June 2026	March 2026
Promoter %	51.09%	51.09%

Holder	Type	Holding	Previous	Change
Torrent Investments Limited	Promoter	51.09%	51.09%	0.00%
SBI Mutual Funds	Public	9.00%	8.57%	+0.43%
Gujarat Urja Vikas Nigam Limited	Public	6.95%	6.95%	0.00%
Life Insurance Corporation Of India	Public	3.16%	3.23%	-0.07%
Gujarat State Financial Services Ltd	Public	2.36%	2.36%	0.00%
Axis Mutual Funds	Public	2.04%	2.76%	-0.72%
NPS Trust- A/C Sbi Pension Fund Scheme - Central Govt	Public	1.57%	1.65%	-0.08%
The Governor Of Gujarat	Public	1.40%	1.40%	0.00%
Zao Torrent Pharma	Promoter Group	0.00%	0.00%	0.00%
Shardashish Enterprise LLP	Promoter Group	0.00%	0.00%	0.00%
Torrent Pharmaceuticals Chile SpA	Promoter Group	0.00%	0.00%	0.00%
Zest Aviation Private Limited	Promoter Group	0.00%	0.00%	0.00%
Torrent Fincorp Private Limited	Promoter Group	0.00%	0.00%	0.00%
Torrent Pharma (UK) Ltd.	Promoter Group	0.00%	0.00%	0.00%
Dholpur CGD Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Intimation of participation in Investor Conference16 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of participation in Investor Conference14 Sep 2026 · Company Update / Analyst / Investor Meet
Media Release on Commissioned of Project8 Sep 2026 · Company Update / Press Release / Media Release
Intimation of participation in Investor Conferences under Regulation 30 of SEBI LODR7 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Analyst / Investor Meeting25 Aug 2026 · Company Update / Analyst / Investor Meet
Appointment of CFO20 Aug 2026 · Company Update / General
Resignation of CFO20 Aug 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Outcome of the Board Meeting dated August 20, 202620 Aug 2026 · Others / Outcome without intimation
Intimation of incorporation19 Aug 2026 · Company Update / Acquisition
Update on Schedule of Analyst / Investor Meeting19 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Investor Conference and Analyst / Investor Meeting under Regulation 30 of SEBI LODR11 Aug 2026 · Company Update / Analyst / Investor Meet
Transcript of Earning call6 Aug 2026 · Company Update / Earnings Call Transcript
Audio recording3 Aug 2026 · Company Update / General
Voting results3 Aug 2026 · AGM/EGM / AGM
Outcome of AGM3 Aug 2026 · AGM/EGM / AGM
Investor Presentation3 Aug 2026 · Company Update / Investor Presentation
Press release on Q1 FY 27 results3 Aug 2026 · Company Update / Press Release / Media Release
Outcome3 Aug 2026 · Result / Financial Results
Outcome of BM3 Aug 2026 · Board Meeting / Outcome of Board Meeting
Earnings Conference call with Analysts / Investors on Unaudited Financial Results for the quarter ended June 30, 202628 Jul 2026 · Company Update / Analyst / Investor Meet
Torrent Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve the Unaudited Standalone and ....28 Jul 2026 · Board Meeting / Board Meeting
Letter to shareholder for 22nd AGM13 Jul 2026 · Company Update / General
Newspaper ad for 22nd AGM11 Jul 2026 · Company Update / Newspaper Publication
BRSR for FY 2025-2610 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Integrated Annual Report of the Company for FY 2025-2610 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice and Annual Report for FY 2025-2610 Jul 2026 · AGM/EGM / AGM
22nd AGM of the Company through VC / OAVM facility9 Jul 2026 · Company Update / Newspaper Publication
Certificate under Reg 74(5) of SEBI (DP) Regulation6 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Trading window closure25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Update on Acquisition25 Jun 2026 · Company Update / General
Intimation of Schedule of Analyst / Investor Meeting24 Jun 2026 · Company Update / Analyst / Investor Meet
Allotment of 380000 NCDs.24 Jun 2026 · Company Update / Allotment of Equity Shares
Intimation of Schedule of Analyst / Investor Meeting under Regulation 30 of SEBI LODR19 Jun 2026 · Company Update / Analyst / Investor Meet
Intimation on Analyst / Investor Meet18 Jun 2026 · Company Update / Analyst / Investor Meet
Analyst Meet11 Jun 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication11 Jun 2026 · Company Update / Newspaper Publication
Record date for Final Dividend9 Jun 2026 · Corp. Action / Record Date
Intimation of participation in Investor Conference and schedule of Analyst / Investor Meeting4 Jun 2026 · Company Update / Analyst / Investor Meet
Notice to Members1 Jun 2026 · Company Update / Newspaper Publication
Transcript of Earnings Conference Call for quarter and year ended March 31, 202615 May 2026 · Company Update / Earnings Call Transcript

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 5.0000	19 Jun 2026	19 Jun 2026	—
Interim Dividend - Rs. - 15.0000	16 Feb 2026	16 Feb 2026	—
Final Dividend - Rs. - 5.0000	6 Jun 2025	6 Jun 2025	—
Interim Dividend - Rs. - 14.0000	12 Feb 2025	12 Feb 2025	—

Board meetings

3 Aug 2026 Board Meeting - Financial Results