| Revenue growth | NABA contributed ~₹1,100 Cr revenue; total YoY growth not stated. |
|---|---|
| Margins | Management claims stable margins; merchant realisation down ₹55 Cr QoQ. |
| Order book | Three wind LOAs, 500 MW total; no order book value. |
| Demand visibility | Q3/Q4 expected low demand; contracts depend on LNG prices. |
| Management confidence | Defensive on PSP and merchant questions; 'resilient' framing masks ~₹123 Cr one-offs. |
Growth
Adjusted PBT +6% YoY; tax rate 26% vs 24%. NABA added ₹142 Cr EBITDA, offset by ₹55 Cr lower merchant realisation.
Outlook
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.
Risks
Finance costs up on NABA/acquisition debt; PSP opposition; 300 MW PPA exit cost ₹44 Cr.
Earnings Call Transcript filed with NSE, NSE: TORNTPOWER. Summary written with AI assistance from the document.
Torrent Power Ltd: key numbers
- Share price
- ₹1,238.00
- Market cap
- ₹62,383 Cr
- Revenue (annual)
- ₹28,966 Cr
- Net profit (annual)
- ₹2,416 Cr
- P/E (TTM)
- 26.8×Sector 21.3×
- 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 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
Torrent Power Board Meeting Date
Torrent Power schedules a board meeting on 4 November 2026 to approve unaudited standalone and consolidated results for Q2 and half year. The notice carries no financial figures.
Torrent Power Credit Rating
India Ratings and CRISIL assigned AA+ ratings to proposed NCDs and reaffirmed existing ratings for Torrent Power. The company's outlook is stable across both agencies.
Torrent Power Other Announcement
Torrent Power Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.