| Margins | Thermal margins resilient despite high gas costs; distribution ROI improved. |
|---|---|
| Demand visibility | Positive; 10% volume growth in Ahmedabad and 4% in franchises. |
| Management confidence | Balanced; focused on long-term renewable transition despite thermal headwinds. |
Growth
Adjusted PBT dropped 11% to 925 Cr. Renewable capacity increased by 70 MW; distribution volumes grew by 4% across franchises.
Outlook
Renewable capacity targeted to reach 6.6 GW by FY29. FY27 capex planned at 10,000 Cr.
Risks
High gas prices ($20/MMBtu) squeeze thermal margins. Transmission infrastructure delays hinder 4.6 GW renewable project commissioning timelines.
Earnings Call Transcript filed with NSE, NSE: TORNTPOWER. Summary written with AI assistance from the document.
Torrent Power Ltd: key numbers
- Share price
- ₹1,238.30
- Market cap
- ₹62,398 Cr
- Revenue (annual)
- ₹28,966 Cr
- Net profit (annual)
- ₹2,416 Cr
- P/E (TTM)
- 26.9×Sector 24.7×
- 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 Management Change
Torrent Power announced the resignation of CFO Saurabh Mashruwala and the appointment of Vikas Poddar as the new CFO, effective August 21, 2026.
Torrent Power Merger & Restructuring Worth ₹0.05 Cr
Torrent Power's subsidiary incorporated two new companies, Torrent Urja 50 and 51, for renewable energy projects with a cash investment of ₹0.05 Crore.
- Value
- ₹0.05 Cr
Torrent Power Merger & Restructuring Worth ₹0.1 Cr
Torrent Power's wholly owned subsidiary incorporated two new step-down subsidiaries, Torrent Urja 50 Private Limited and Torrent Urja 51 Private Limited, for renewable energy activities.
- Value
- ₹0.10 Cr
Torrent Power Earnings Call Transcript: Key Takeaways
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.
Torrent Power Annual General Meeting
Torrent Power's 22nd AGM concluded, where shareholders approved the company's financial statements, dividend payments, and an enhancement of the borrowing limits.