Torrent Power
Reported PBT ₹1,131 Cr (+15%) is inflated by ~₹123 Cr one-offs; adjusted PBT ₹1,008 Cr rose only 6% YoY. Growth is mostly NABA-acquisition driven, with higher finance costs.
ALFA Concalls
Every earnings call, live and summarised
Earnings calls
Every Torrent Power earnings call we streamed: the live audio and our summary of what management said.
Reported PBT ₹1,131 Cr (+15%) is inflated by ~₹123 Cr one-offs; adjusted PBT ₹1,008 Cr rose only 6% YoY. Growth is mostly NABA-acquisition driven, with higher finance costs.
Reported PBT ₹1,131 Cr (+15%) is inflated by ~₹123 Cr one-offs; adjusted PBT ₹1,008 Cr rose only 6% YoY. Growth is mostly NABA-acquisition driven, with higher finance costs.
1–1.2 GW renewables FY27, 1.4–1.6 GW FY28; FY27 renewable capex ~₹10,000 Cr; NABA ~₹1,000 Cr EBITDA run-rate.
Q1 FY27 reported PBT of INR 925 Cr, down 6% YoY. Management focuses on renewable expansion and the recent Nabha Power acquisition to drive future EBITDA growth.
Profit before tax fell by 60 Cr to 925 Cr, masked by 59 Cr foreign exchange adjustment. Management pivots toward renewables and new acquisitions like Nabhapura to stabilize earnings amid high gas prices.
Torrent Power's Q4 FY'26 adjusted PBT grew 16% YoY to ₹718cr, despite a reported PBT dip to ₹547cr due to a one-off power purchase cost provision.
Management focused on a massive ₹80,000 Cr capex cycle over five years despite Q4 profitability being hit by one-off regulatory provisions and higher maintenance costs in thermal segments.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.