NSE TORNTPOWER · BSE 532779 · Electric Utilities · NIFTY 500
Torrent Power Share Price
₹1,237.20
▼ −₹17.44 · 1.39%
Day range · 28 Sep
₹1,235.00Low₹1,261.25High
52-week range
₹1,188.00Low · 6 Oct 2025₹1,824.00High · 27 Apr 2026
Torrent Power Overview
Where the price stands, how it has moved and how it sits against its averages.
Torrent Power shares last traded at ₹1,237.20 on the NSE, down 1.39% on the day. That is 32.2% below the 52-week high of ₹1,824.00 and 4.1% above the 52-week low of ₹1,188.00. The stock trades at 26.87× earnings, above the sector average of 14.90. Its market value is ₹62,439 Cr.
Price returns
1 Day▼ −1.39%
1 Week▼ −1.97%
This month▲ +1.82%
3 Months▼ −12.48%
6 Months▼ −8.51%
This year▼ −5.32%
1 Year▲ +0.32%
Share price growth a year (CAGR): 3 years ▲ +20.3% · 5 years ▲ +19.9% · 10 years ▲ +21.0%
Against the market: 1 Month ▲ +7.73% · 3 Months ▼ −7.41% · 6 Months ▼ −7.62% · This year ▲ +10.73% · 1 Year ▲ +9.84%
Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Mon 26 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 0 of 6
- 300-day average₹1,405.14 ▼ price 12.0% below
- 100-day average₹1,386.79 ▼ price 10.8% below
- 50-day average₹1,313.53 ▼ price 5.8% below
- 10-day average₹1,269.55 ▼ price 2.5% below
- 20-day average₹1,266.64 ▼ price 2.3% below
- 5-day average₹1,253.30 ▼ price 1.3% below
- Today's price₹1,237.20
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
Torrent Power Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
29,165
28,966
2,989
2,416
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹28,966 Cr | ▼ −0.7% | ₹2,416 Cr | 8.3% | ₹47.95 | ₹20.00 |
| FY 2025 | ₹29,165 Cr | ▲ +7.3% | ₹2,989 Cr | 10.2% | ₹61.23 | ₹19.00 |
| FY 2024 | ₹27,183 Cr | ▲ +5.8% | ₹1,833 Cr | 6.7% | ₹38.14 | ₹16.00 |
| FY 2023 | ₹25,694 Cr | ▲ +80.2% | ₹2,117 Cr | 8.2% | ₹44.06 | ₹13.00 |
| FY 2022 | ₹14,258 Cr | ▲ +17.1% | ₹454 Cr | 3.2% | ₹9.45 | ₹9.00 |
| FY 2021 | ₹12,173 Cr | ▼ −10.8% | ₹1,291 Cr | 10.6% | ₹26.86 | ₹11.00 |
| FY 2020 | ₹13,641 Cr | — | ₹1,174 Cr | 8.6% | ₹14.79 | ₹11.60 |
8,124
1,060
639
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹8,124 Cr | ▲ +26.8% | ₹639 Cr | 7.9% | ₹12.68 |
| Q4 FY26 | ₹6,406 Cr | ▼ −5.5% | ₹318 Cr | 5.0% | ₹6.31 |
| Q3 FY26 | ₹6,778 Cr | ▼ −13.9% | ₹643 Cr | 9.5% | ₹12.76 |
| Q2 FY26 | ₹7,876 Cr | ▼ −0.4% | ₹724 Cr | 9.2% | ₹14.36 |
| Q1 FY26 | ₹7,906 Cr | ▲ +22.5% | ₹731 Cr | 9.3% | ₹14.52 |
| Q4 FY25 | ₹6,456 Cr | ▼ −0.7% | ₹1,060 Cr | 16.4% | ₹21.05 |
| Q3 FY25 | ₹6,499 Cr | ▼ −9.4% | ₹476 Cr | 7.3% | ₹9.76 |
| Q2 FY25 | ₹7,176 Cr | — | ₹481 Cr | 6.7% | ₹10.01 |
Balance sheet — FY26
Owes (liabilities)Shareholders' equity
58%
42%
- Total assets₹45,193 Cr
- Total liabilities₹26,118 Cr
- Shareholders' equity₹19,075 Cr
- Total debt₹13,971 Cr
- Cash & investments₹2,319 Cr
- Current ratio0.95×
- Revenue growth, 5 yr18.93% a year
- EPS growth, 5 yr12.29% a year
- Operating margin (TTM)13.61%
- Net margin (TTM)8.19%
Cash flow — FY26
Operating activities
▲ ₹5,464 Cr
Investing activities
▼ −₹8,088 Cr
Financing activities
▲ ₹3,101 Cr
Free cash flow
▼ −₹2,240 Cr
Net change in cash
▲ ₹478 Cr
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 13,640.63 | 12,172.66 | 14,257.61 | 25,694.12 | 27,183.21 | 29,165.26 | 28,966.31 |
| Cost of revenue | 8,486.25 | 7,326.13 | 9,314.07 | 19,329.44 | 20,804.62 | 21,807.84 | 20,914.41 |
| Gross profit | 5,154.38 | 4,846.53 | 4,943.54 | 6,364.68 | 6,378.59 | 7,357.42 | 8,051.90 |
| Operating expenses | 12,336.87 | 9,964.23 | 13,276.69 | 22,175.10 | 23,960.15 | 25,329.01 | 24,887.15 |
| Operating income | 1,303.76 | 2,208.43 | 980.92 | 3,519.02 | 3,223.06 | 3,836.25 | 4,079.16 |
| Depreciation | 1,304.27 | 1,282.24 | 1,336.74 | 1,284.39 | 1,380.53 | 1,502.73 | 1,622.36 |
| Profit before tax | 474.84 | 1,551.77 | 563.97 | 3,041.36 | 2,582.60 | 3,252.58 | 3,316.77 |
| Tax | −240.64 | 255.90 | 105.27 | 876.69 | 686.60 | 193.97 | 847.41 |
| Net profit | 1,174.15 | 1,290.93 | 453.98 | 2,117.43 | 1,833.23 | 2,988.50 | 2,416.43 |
| EPS (₹) | 14.79 | 26.86 | 9.45 | 44.06 | 38.14 | 61.23 | 47.95 |
| Dividend per share (₹) | 11.60 | 11.00 | 9.00 | 13.00 | 16.00 | 19.00 | 20.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 23,623.04 | 23,538.72 | 25,022.70 | 29,910.18 | 33,392.48 | 36,573.38 | 45,193.28 |
| Current assets | 4,823.66 | 4,644.41 | 5,225.76 | 7,452.79 | 8,506.36 | 8,620.05 | 9,239.42 |
| Cash & short-term investments | 877.95 | 533.56 | 615.14 | 1,088.57 | 1,291.46 | 1,186.90 | 2,319.41 |
| Inventory | 687.30 | 492.82 | 631.28 | 904.07 | 899.97 | 726.30 | 926.70 |
| Property, plant & equipment | 18,121.71 | 18,145.33 | 18,271.26 | 20,957.09 | 23,385.11 | 25,676.96 | 31,747.71 |
| Total liabilities | 14,469.50 | 13,354.48 | 15,079.52 | 18,900.18 | 21,330.77 | 18,958.07 | 26,117.95 |
| Current liabilities | 4,706.36 | 4,809.85 | 6,147.67 | 6,930.03 | 7,813.09 | 7,589.49 | 9,713.09 |
| Total debt | 8,908.42 | 7,816.56 | 9,142.63 | 10,541.41 | 11,631.80 | 8,839.74 | 13,970.56 |
| Total equity | 9,153.54 | 10,184.24 | 9,943.18 | 11,010.00 | 12,061.71 | 17,615.31 | 19,075.33 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 3,635.41 | 2,987.56 | 3,167.18 | 3,455.78 | 4,258.35 | 4,796.29 | 5,464.17 |
| From investing | −1,154.13 | −910.46 | −2,483.12 | −3,215.96 | −3,544.43 | −3,641.56 | −8,087.65 |
| From financing | −2,506.19 | −2,060.98 | −501.93 | −341.00 | −551.32 | −1,216.45 | 3,100.98 |
| Capital expenditure | −1,347.16 | −1,295.97 | −1,809.14 | −2,815.55 | −3,656.48 | −4,330.21 | −7,704.63 |
| Dividends paid | −968.31 | −268.55 | −702.04 | −1,061.81 | −771.10 | −901.69 | −1,021.24 |
| Net change in cash | −24.91 | 16.12 | 182.13 | −101.18 | 162.60 | −61.72 | 477.50 |
Torrent Power vs Peers
Side by side with other electric utilities companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield |
|---|---|---|---|---|---|---|---|---|
| Torrent Power This stock | ₹1,237.20 | ▼ −1.39% | ₹62,439 Cr | 26.87 | 3.27 | 15.03% | 8.19% | 1.62% |
| Adani Power | ₹196.30 | ▼ −3.30% | ₹3,78,559 Cr | 32.24 | 6.37 | 33.40% | 23.91% | — |
| Power Grid Corporation of India | ₹262.20 | ▼ −2.62% | ₹2,43,862 Cr | 14.10 | 2.62 | 18.68% | 40.02% | 3.17% |
| Adani Green Energy | ₹1,237.75 | ▼ −4.27% | ₹2,03,879 Cr | 129.20 | 12.49 | 13.17% | 12.14% | — |
| Adani Energy Solutions | ₹1,286.65 | ▼ −3.94% | ₹1,58,185 Cr | 90.17 | 8.14 | 9.44% | 8.49% | — |
| Siemens Energy India | ₹3,193.00 | ▼ −3.69% | ₹1,14,011 Cr | 109.04 | 27.52 | — | 14.99% | 0.12% |
Peer prices and ratios as last reported by the data provider. Company names link to their own pages.
Torrent Power Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Torrent PowerBenchmarkRule-of-thumb bands
Valuation The price against earnings, book value and sales
P/E (TTM)Price ÷ yearly earnings per share
26.87
▲ 80% above the sector average of 14.90
P/E, 12-month rangeLow 11.59 · high 50.77
39%
Today's P/E sits 39% of the way from its low to its high
P/BPrice ÷ book value per share
3.27
P/SMarket cap ÷ last 12 months' revenue
2.14
P/CFPrice ÷ cash flow per share
15.72
PEGP/E ÷ earnings growth rate
9.49
Profitability Of every ₹100 of sales, how much is kept?
Gross marginKept after the cost of goods
29.15%
▲ above its 5-yr average of 26.42%
Operating marginKept after running costs
13.61%
▲ above its 5-yr average of 12.48%
Pre-tax marginKept before tax
11.16%
▲ above its 5-yr average of 10.18%
Net marginKept as profit
8.19%
▲ above its 5-yr average of 8.02%
Returns & efficiency How well does it use its money?
Return on equityProfit on shareholders' money
13.17%
▼ below its 5-yr average of 15.03%
Return on assetsProfit on everything it owns
6.04%
▼ below its 5-yr average of 6.31%
Return on investmentProfit on long-term capital
7.81%
▼ below its 5-yr average of 8.27%
Return on capital employedProfit before interest and tax on equity + debt
13.55%
Growth Is the business getting bigger?
Revenue — last 12 months
+4.1%
▲ growing
Revenue — 3 yr, a year
+4.1%
▲ growing
Revenue — 5 yr, a year
+18.9%
▲ growing
Net profit — 3 yr, a year
+4.5%
▲ growing
Net profit — 5 yr, a year
+13.4%
▲ growing
EPS — last 12 months
−16.7%
▼ shrinking
EPS — 3 yr, a year
+2.9%
▲ growing
EPS — 5 yr, a year
+12.3%
▲ growing
Dividend — 3 yr, a year
+15.4%
▲ growing
Book value — 5 yr, a year
+12.3%
▲ growing
Financial strength Can it pay its bills and debts?
Debt to equityBorrowings for every ₹1 of shareholders' money
0.73×
Current ratioShort-term assets for every ₹1 due within a year
0.95×
Quick ratioLike the current ratio, without inventory
0.86×
Interest coverOperating profit ÷ interest to pay
5.70×
Payout ratioShare of profit paid as dividend
41.71%
Per share What each share stands for
EPS (TTM)
₹46.11
Book value
₹378.55
Cash flow
₹79.82
Dividend
₹20.00
Revenue
₹579.13
The share price is 3.27× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 109 metrics from the data provider
Valuation
P/E excluding extraordinary items, most recent fiscal year26.16
Current Dividend Yield - Common Stock Primary Issue, LTM1.59
Price to Book - most recent fiscal year3.31
P/E Basic excluding extraordinary items - TTM30.68
P/E including extraordinary items - TTM27.21
P/E excluding extraordinary items low, trailing 12 months11.59
Price to Tangible Book - most fiscal year3.46
Dividend Yield - 5 Year Average1.50
Price to sales - most recent fiscal year2.18
Dividend Yield - indicated annual dividend divided by closing price1.59
Price to Cash Flow per share - trailing 12 month15.72
Peg Ratio9.49
P/E Normalized, most recent fiscal year26.03
P/E excluding extraordinary items high, trailing 12 months50.77
P/E excluding extraordinary items, most recent fiscal year quarter27.21
Price to sales - trailing 12 month2.17
Net Debt, LFY1,16,511.50
Per share
Dividend Per Share - 5 year average15.40
Cash Flow per share - trailing 12 month79.82
Cash Flow per share - most recent fiscal year81.20
EPS including extraordinary items - trailing 12 month46.11
EPS including extraordinary items - most recent fiscal year47.95
EBITD per share - trailing 12 month111.24
Revenue/share - trailing 12 month579.13
EPS excluding extraordinary items - trailing 12 month46.11
EPS Basic excluding extraordinary items - most recent fiscal year47.95
EPS Basic excluding extraordinary items - trailing 12 month46.11
Book value per share - most recent fiscal year378.55
Dividend per share - most recent fiscal year20.00
Revenue/share - most recent fiscal year574.84
EPS Normalized - most recent fiscal year48.20
Book value (tangible) per share - most recent fiscal year362.12
Dividends per share - trailing 12 month20.00
EPS excluding extraordinary items - most recent fiscal year47.95
Cash per share - most recent fiscal year46.03
Margins
Operating margin - trailing 12 month13.61
Gross Margin - 5 year average26.42
Operating margin - 1st historical fiscal year14.08
Operating Margin - 5 year average12.48
Net Profit Margin % - 1st historical fiscal year8.52
Gross Margin - 1st historical fiscal year27.80
Net Profit Margin % - trailing 12 month8.19
Net Profit Margin - 5 year average8.02
Pretax Margin - 5 year average10.18
Pretax margin - 1st historical fiscal year11.45
Pretax margin - trailing 12 month11.16
Free Operating Cash Flow/Revenue, 5 Year Average−2.90
Gross Margin - trailing 12 month29.15
Growth
EPS Change %, TTM over TTM−16.66
Revenue growth rate, 5 year18.93
EPS growth rate, 5 year12.29
Revenue Change % - most recent quarter 1 year ago2.75
Growth rate% - dividend, 3 year15.44
Growth rate% - EPS, 3 year2.87
Revenue/share (5 yr growth)17.81
Tangible Book Value, Total Equity, 5 Year CAGR12.41
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR11.70
Capital Spending growth rate, 5 year42.83
Revenue Change %, TTM over TTM4.09
Growth rate% - Revenue, 3 year4.08
Book value per share growth rate, 5 year12.30
EPS Change % - most recent quarter 1 year ago−12.67
Net Profit Margin growth rate, 5 year−4.35
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR9.01
Total Debt, 5 Year CAGR12.32
Financial strength
Net Interest coverage - most recent fiscal year5.70
Free Cash Flow - most recent fiscal year−32,617.00
LT debt/equity - most recent fiscal year0.63
Quick ratio - most recent fiscal year0.86
Payout ratio - trailing 12 month43.37
Current ratio - most recent fiscal year0.95
Total debt/total equity - most recent fiscal year0.73
Net Interest coverage - trailing 12 month3.91
Payout ratio - most recent fiscal year41.71
Returns & efficiency
Return on average equity - 5 year average15.03
Net Income/employee - trailing 12 month35,73,546.00
Revenue/employee - most recent fiscal year4,16,78,140.00
Return on investment - most recent fiscal year7.81
Return on average assets - most recent fiscal year6.04
Receivables turnover - most recent fiscal year4.89
Inventory turnover - most recent fiscal year25.30
Revenue/employee - trailing 12 month4,36,43,020.00
Return on average assets - 5 year average6.31
Net Income/employee - most recent fiscal year35,53,036.00
Asset turnover - most recent fiscal year0.71
Return on average equity - most recent fiscal year13.17
Return on investment - 5 year average8.27
Price & volume
Market Cap62,631.06
52 week Low Date6 Oct 2025
Price - 1 Day % Change0.84
Relative (S&P500) price percent change - 13 week−7.41
Avg trading volume last 10 days0.22
Price - 13 week price percent change−11.25
Price - 52 week price percent change0.01
Avg Trading Volume Last 3 months7.66
Price - 5 Day % Change−0.33
Price % Change Month To Date3.25
Relative (S&P500) price percent change - 04 week7.73
52 week High Date27 Apr 2026
Price - 26 week price percent change−7.22
PDATE25 Sep 2026
Price - YTD price percent change−3.99
Relative (S&P500) price percent change - 52 week9.84
NPRICE1,254.60
Relative (S&P500) price percent change - 26 week−7.62
52 week Low1,188.00
52 week High1,824.10
Beta1.69
Relative (S&P500) price percent change - Year to Date10.73
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
₹20.00
- Dividend yield1.62%
- Payout ratio41.71%
- 5-year average dividend₹15.40 a share
- Latest dividend₹5.00 per share · 19 Jun 2026
Corporate calendar
- MeetingAnnual General Meeting
- BoardQuarterly Results
- Dividend₹5.00 per share · 50% · Final dividend
- BoardAudited Results & Final Dividend
- Dividend₹15.00 per share · 150% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardQuarterly Results
- MeetingAnnual General Meeting
Show 14 older events
- BoardQuarterly Results
- Dividend₹5.00 per share · 50% · Final dividend
- BoardAudited Results, Final Dividend & Others
- Dividend₹14.00 per share · 140% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardQuarterly Results
- MeetingAnnual General Meeting
- MeetingCOM
- Dividend₹4.00 per share · 40% · Final dividend
- Dividend₹12.00 per share · 120% · Interim dividend
- MeetingAnnual General Meeting
- Dividend₹4.00 per share · 40% · Final dividend
- Dividend₹9.00 per share · 90% · Interim dividend
- MeetingAnnual General Meeting
About Torrent Power
Electric Utilities
Torrent Power Limited is an India-based integrated power utility company. The Company has a presence in power generation, transmission, and distribution. Its segments include Generation, Transmission and Distribution, and Renewables. The Generation segment comprises generation of power from thermal sources (gas and coal) and trading of regassified liquified natural gas. The Transmission and Distribution segment comprises a transmission and distribution business (licensed and franchisee) and related ancillary services. The Renewables segment comprises generation of power from renewable energy sources, such as wind and solar. The Company has an aggregate installed generation capacity of approximately 5,039-Megawatt peak (MWp) comprising 2,730 megawatts (MW) of gas-based capacity, 1,947 MWp of renewable capacity and 362 MW of coal-based capacity. Its subsidiaries include Torrent Power Grid Limited, Nabha Power Limited and others.
Key people
- Samir MehtaExecutive Chairman of the Board, Managing Director
- Jinal Sudhirbhai MehtaExecutive Vice Chairman of the Board, Managing Director
- Saurabh MashruwalaChief Financial Officer
- Rahul C. ShahCompliance Officer, Company Secretary
- Jigish MehtaExecutive Director, Director - Generation
Company facts
- NSE symbolTORNTPOWER
- BSE code532779
- ISININE813H01021
- IndustryElectric Utilities
- IndexNIFTY 500
- Market cap₹62,439 Cr
- Revenue (FY26)₹28,966 Cr
- Net profit (FY26)₹2,416 Cr
In the News
Recent headlines about Torrent Power — they open on Mint in a new tab.
- With eight acquisitions, Adani Power is the most prolific buyer from bankruptcy court
Adani Power has made distressed assets a thrifty route to scale, with a third of its operational capacity now coming from acquisitions under the bankruptcy law.
9 Sep 2026 · 7 min read · Mint ↗ - JSW Energy beats peers in 2026, but easy gains may be behind
Institutional investors have steadily increased their exposure to JSW Energy over the past six months. BSE shareholding data showed mutual funds raised their stake to 7.42% as of June-end from 5.94% as of December-end, while foreigners increased their stake to 9.86% from 8.16% over the same period.
29 Jul 2026 · 3 min read · Mint ↗
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Frequently Asked Questions
Torrent Power (NSE: TORNTPOWER) last traded at ₹1,237.20 on the NSE, down 1.39% (₹17.44) on the day, as of 28 Sep 2026. The day's range was ₹1,235.00 – ₹1,261.25.
Torrent Power's 52-week high is ₹1,824.00 (27 Apr 2026) and its 52-week low is ₹1,188.00 (6 Oct 2025). At ₹1,237.20 the share is 32.2% below its high and 4.1% above its low.
Torrent Power's market capitalisation is ₹62,439 Cr (₹62,439 Cr). It is part of the NIFTY 500 index.
Torrent Power's P/E ratio (trailing 12 months) is 26.87. The sector average is 14.90, so investors pay 80% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹46.11.
Torrent Power shares are up 0.32% over the last year, down 5.32% so far this year, down 8.51% over 6 months, down 12.48% over 3 months. Over the last year the stock did 9.84% better than the market.
In FY26 (year to Mar 2026), Torrent Power reported revenue of ₹28,966 Cr (down 0.68% on the year before) and a net profit of ₹2,416 Cr. Earnings per share were ₹47.95.
Yes. Torrent Power's latest dividend is ₹5.00 per share (50%, final dividend), with an ex-date of 19 Jun 2026. The dividend yield is 1.62%. It has paid 8 dividends in the records shown on this page.
As of Jun 2026: Promoter 51.09%, FII 8.53%, MF 15.79%, Other 24.59%.
Torrent Power's listed peers in Electric Utilities include Adani Power, Power Grid Corporation of India, Adani Green Energy, Adani Energy Solutions, Siemens Energy India. By market capitalisation it ranks #6 of 6 in this group.
No. Torrent Power has debt — its debt-to-equity ratio is 0.73 and total debt was ₹13,971 Cr in FY26. Its operating profit covers interest 5.70 times.