| Margins | Merchant power margins resilient; O&M expenses increased by INR 51 Cr. |
|---|---|
| Order book | 4.6 GW RE projects under implementation; 1.6 GW Anuppur Thermal project. |
| Demand visibility | Strong growth in Ahmedabad (10%); 4% growth in franchisee business. |
| Management confidence | High regarding gas-based competitiveness versus battery storage costs. |
Growth
Adjusted PBT fell INR 119 Cr YoY due to lower merchant sales and higher gas-based O&M expenses.
Outlook
Planned RE capex of INR 10,000 Cr for FY27; targeting 1.2 GW renewable commissioning in current fiscal year.
Risks
Elevated gas prices, completion of tax holidays (Section 80-IA), and transmission availability delays for renewable projects.
Earnings Call Transcript filed with BSE, NSE: TORNTPOWER. Summary written with AI assistance from the document.
Torrent Power Ltd: key numbers
- Share price
- ₹1,254.60
- Market cap
- ₹63,220 Cr
- Revenue (annual)
- ₹28,966 Cr
- Net profit (annual)
- ₹2,416 Cr
- P/E (TTM)
- 27.2×Sector 25.1×
- Promoter holding
- 51.09%+0.00% QoQ
- FII holding
- 8.53%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Torrent Power Ltd
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Torrent Power commissions 322 MWp of decentralized solar projects in Nashik under MSKVY 2.0. Power will be supplied to MSEDCL under a 25-year PPA.
- Execution
- 25 years (PPA with MSEDCL)
- solar generation capacity
- 322 MWp
Torrent Power Earnings Call Transcript: Key Takeaways
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 Investor Presentation: Key Takeaways
Torrent Power reported Q1 FY27 revenue of ₹8,124 Cr (+3% YoY) with PAT of ₹662 Cr. Strategy focuses on expanding renewable capacity and pumped storage hydro projects.
Torrent Power Q1 FY27 Results: Net Profit ₹661.9 Cr, Down 10.7% YoY
Torrent Power Ltd reported revenue from operations of ₹8,124 Cr (+2.8% YoY) and net profit of ₹661.9 Cr (-10.7% YoY) for Q1 FY27.
- Key figure
- Net profit ₹661.9 Cr · -10.7% YoY
Torrent Power Earnings Call: Key Takeaways
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.
Torrent Power Earnings Call: Key Takeaways
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.