Torrent Power Limited

Torrent Power Limited (TORNTPOWER) is a mid-cap Power company valued at ₹61,872 crore operating in Integrated Power Utilities on the NSE and BSE.

Recent price move

Torrent Power Limited last traded at ₹1,229.7, modestly down 0.72% on the day.

Recent developments

On 2026-10-09, the stock fell 35% from its April high, hitting a 31-month low. On 2026-06-25, the company completed the acquisition of L&T's Nabha Power for ₹3,632 crore, adding a 1,400 MW supercritical thermal plant in Punjab to its generation assets.

Financial performance

The company's annual revenue fell 0.7% year-over-year, while its latest quarter revenue rose 2.8% compared to the same quarter a year earlier. Net profit declined 19.3% annually, and the latest quarter net profit dropped 10.8% from the prior year's quarter. The net profit margin narrowed 2.0 percentage points to 8.5%, while return on equity and return on capital employed remained stable at 12.7% and 12.9%, respectively.

Valuation multiples

The stock trades at 25.6 times earnings, 3.42 times book value. It yields 1.5%.

Things to watch

The stock is 34.8% below its 52-week high. Net profit fell 19.3% annually, and the net profit margin narrowed 2.0 percentage points. Domestic institutional holding decreased by 0.15 points in the quarter.

Where it stands

Torrent Power's annual net profit dropped 19.3% despite a 2.8% rise in latest quarter revenue. The stock is 34.8% below its 52-week high, and the net profit margin narrowed 2.0 percentage points. The most significant movement was the 35% drop from its April high on 2026-10-09.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.