| 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
- ₹1,241.30
- Market cap
- ₹62,550 Cr
- Revenue (annual)
- ₹28,966 Cr
- Net profit (annual)
- ₹2,416 Cr
- P/E (TTM)
- 25.8×Sector 21.7×
- Promoter holding
- 51.09%+0.00% QoQ
- FII holding
- 8.36%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Torrent Power Ltd
All →Torrent Power Legal & Regulatory
Torrent Power received a CGST Order in Original from the Joint Commissioner, Ahmedabad South, imposing Rs. 1.93 Crore penalty plus Rs. 4.54 Crore interest. The company disputes the order and plans to challenge it, expecting no material financial impact.
- Value
- ₹1.93 Cr
- From
- Joint Commissioner, CGST Ahmedabad South
Torrent Power Legal & Regulatory
Torrent Power received a CGST order seeking Rs. 6.47 Crore in interest and penalty. The company will challenge it and sees no material impact.
- Value
- ₹6.47 Cr
Torrent Power Earnings Call Transcript: Key Takeaways
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.
Torrent Power Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹9,802 Cr (+24%), PBDIT ₹1,988 Cr (+25%), PAT ₹838 Cr (+13%). Nabha 1,400 MW coal acquired 25 June 2026.
Torrent Power Results Update
Torrent Power reported Q2 FY27 revenue of ₹9,801 Crore, up 24%, and EBITDA of ₹1,988 Crore, up 26%. Growth came from distribution, renewables and Nabha consolidation.
Torrent Power Q2 FY27 Results: Net Profit ₹838 Cr, Up 13.0% YoY
Torrent Power Ltd reported revenue from operations of ₹9,802 Cr (+24.4% YoY) and net profit of ₹838 Cr (+13.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹838 Cr · +13.0% YoY