TORNTPOWER

Torrent Power Share PriceTorrent Power

₹945.65
-21 (-2.17%)
As on 11 December, 2023 | 19:02 BSE: 532779 NSE: TORNTPOWERISIN: INE813H01021

Torrent Power Performance

Day Range

  • Low 940.25
  • High 973.35
₹ 945.65

52 Week Range

  • Low 430.85
  • High 1,047.00
₹ 945.65
  • Open Price973.00
  • Previous Close966.65
  • Volume558601

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Torrent Power Share Price

  • Over 1 Month 21.6%
  • Over 3 Month 31.8%
  • Over 6 Month 38.98%
  • Over 1 Year 78.88%

Torrent Power Key Statistics

P/E Ratio 20.9
PEG Ratio 0.1
Market Cap Cr 45,450
Price to Book Ratio 4
EPS 42.3
Dividend 2.7
Relative Strength Index 63.7
Money Flow Index 82.35
MACD Signal 49.7
Average True Range 43.25

Torrent Power Investment Rating

  • Master Rating:
  • Torrent Power has an operating revenue of Rs. 26,769.20 Cr. on a trailing 12-month basis. An annual revenue growth of 80% is outstanding, Pre-tax margin of 12% is healthy, ROE of 19% is exceptional. The company has a debt to equity of 81%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 22% and 49% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 53 which is a POOR score indicating inconsistency in earnings, a RS Rating of 79 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 34 indicates it belongs to a strong industry group of Utility-Electric Power and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Torrent Power Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 5,1065,3834,3014,8675,0174,6513,633
Operating Expenses Qtr Cr 4,1104,3783,3953,5343,9803,7042,710
Operating Profit Qtr Cr 9961,0059061,3341,037947924
Depreciation Qtr Cr 277274271265263260315
Interest Qtr Cr 194192158177176157138
Tax Qtr Cr 173160156291222159-214
Net Profit Qtr Cr 492479435695493481-526
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 19,27114,012
Operating Expenses Annual Cr 14,61210,382
Operating Profit Annual in Cr 4,2243,334
Depreciation Cr 1,0591,234
Interest Annual Cr 668582
Tax Annual Cr 828105
Net Profit Annual Cr 2,104410
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3,1182,981
Cash from Investing Activity Annual Cr -2,137-2,512
Cash from Financing Annual Activity Cr -1,004-402
Net Cash Flow Annual Cr -2466
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 11,0209,966
Fixed Assets Annual Cr 16,37515,493
Total Non Current Assets Annual Cr 20,00417,996
Total Current Assets Annual Cr 5,9845,608
Total Assets Annual Cr 25,98823,605
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 229207
ROE Annual % 194
ROCE Annual % 1813
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2526
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 6,9617,3286,0386,4436,7036,5103,744
Operating Expenses Qtr Cr 5,7406,1434,9474,9995,5395,4502,753
Operating Profit Qtr Cr 1,2211,1851,0901,4441,1641,060991
Depreciation Qtr Cr 342332329322319312340
Interest Qtr Cr 247227189228215186151
Tax Qtr Cr 198179184283240169-216
Net Profit Qtr Cr 526517449685482502-488
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 26,07614,493
Operating Expenses Annual Cr 20,93510,667
Operating Profit Annual in Cr 4,7593,591
Depreciation Cr 1,2811,334
Interest Annual Cr 818628
Tax Annual Cr 877105
Net Profit Annual Cr 2,117454
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3,4563,167
Cash from Investing Activity Annual Cr -3,216-2,483
Cash from Financing Annual Activity Cr -341-502
Net Cash Flow Annual Cr -101182
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 11,0109,943
Fixed Assets Annual Cr 21,72318,395
Total Non Current Assets Annual Cr 22,45719,797
Total Current Assets Annual Cr 7,4535,226
Total Assets Annual Cr 29,91025,023
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 239208
ROE Annual % 195
ROCE Annual % 1713
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2027

Torrent Power Technicals

EMA & SMA

Current Price
₹945.65
-21 (-2.17%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹892.79
  • 50 Day
  • ₹816.93
  • 100 Day
  • ₹752.04
  • 200 Day
  • ₹679.52
  • 20 Day
  • ₹881.65
  • 50 Day
  • ₹793.77
  • 100 Day
  • ₹733.13
  • 200 Day
  • ₹647.92

Torrent Power Resistance and Support

PIVOT
₹953.09
Resistance
First Resistance 965.92
Second Resistance 986.18
Third Resistance 999.02
RSI 63.70
MFI 82.35
MACD Single Line 49.70
MACD 55.65
Support
First Resistance 932.82
Second Resistance 919.98
Third Resistance 899.72

Torrent Power Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 583,672 19,564,685 33.52
Week 1,159,479 30,737,778 26.51
1 Month 1,074,158 24,770,092 23.06
6 Month 617,773 21,955,644 35.54

Torrent Power Result Highlights

Torrent Power Synopsis

NSE-Utility-Electric Power

Torrent Power Ltd. is involved in the business activities of Electric power generation, transmission and distribution. Company’s Total Operating Revenue is Rs. 18836.22 Cr. and Equity Capital is Rs. 480.62 Cr. for the Year ended 31/03/2023. Torrent Power Ltd. is a Public Limited Listed company incorporated on 29/04/2004 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L31200GJ2004PLC044068 and registration number is 044068.
Market Cap 45,514
Sales 19,658
Shares in Float 22.11
No of funds 199
Yield 1.34
Book Value 4.22
U/D Vol ratio 2.1
LTDebt / Equity 64
Alpha 0.17
Beta 1

Torrent Power

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 53.57%53.57%53.57%53.57%
Mutual Funds 16.03%15.9%15.72%15.44%
Insurance Companies 5.51%5.69%5.82%5.78%
Foreign Portfolio Investors 6.17%6.04%6.3%6.73%
Financial Institutions/ Banks 0.09%0.09%0.09%0.09%
Individual Investors 6.07%6.16%6.08%6.08%
Others 12.56%12.55%12.42%12.31%

Torrent Power Management

Name Designation
Mr. Sudhir Mehta Chairman Emeritus
Mr. Samir Mehta Chairman
Mr. Jinal Mehta Managing Director
Mr. Varun Mehta Whole Time Director
Mrs. Radhika Haribhakti Director
Mr. Keki Mistry Director
Ms. Usha Sangwan Director
Mr. Ketan Dalal Director
Mrs. Mamta Verma Director
Mr. Pankaj Patel Director

Torrent Power Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Torrent Power Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-10 Quarterly Results
2023-05-29 Audited Results & Final Dividend
2023-02-14 Quarterly Results & Interim Dividend
2022-11-10 Quarterly Results
Date Purpose Remarks
2023-06-16 FINAL Rs.4.00 per share(40%)Final Dividend
2023-02-22 INTERIM Rs.9.00 per share(90%)Interim Dividend
2023-02-22 SPECIAL Rs.13.00 per share(130%)Special Dividend
2022-02-11 INTERIM Rs.9.00 per share(90%)Interim Dividend
2021-06-25 FINAL Rs.5.50 per share(55%)Final Dividend

Torrent Power MF Shareholding

Name Amount(cr)
Axis ELSS Tax Saver Fund Growth 31,136
SBI Balanced Advantage Fund Regular Growth 24,344
Nippon India Growth Fund - Growth 21,380
Canara Robeco Emerging Equities Growth 18,845
SBI Flexicap Fund Regular Growth 17,570

Torrent Power FAQs

What is Share Price of Torrent Power ?

Torrent Power share price is ₹945 As on 11 December, 2023 | 18:48

What is the Market Cap of Torrent Power ?

The Market Cap of Torrent Power is ₹45449.5 Cr As on 11 December, 2023 | 18:48

What is the P/E ratio of Torrent Power ?

The P/E ratio of Torrent Power is 20.9 As on 11 December, 2023 | 18:48

What is the PB ratio of Torrent Power ?

The PB ratio of Torrent Power is 4 As on 11 December, 2023 | 18:48

Q2FY23