Stock TORNTPOWER TORRENT POWER LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Torrent Power Limited

Equities

TORNTPOWER

INE813H01021

Electric Utilities

Market Closed - NSE India S.E.
Other stock markets
 07:40:49 2024-05-23 am EDT 		5-day change 1st Jan Change
1,426 INR +3.23% Intraday chart for Torrent Power Limited +4.44% +52.75%
06:25am Torrent Power Posts Decline in Fiscal Q4 Consolidated Profit, EPS Beats Estimates MT
May. 22 Torrent Power Limited announced that it expects to receive INR 50 billion in funding CI

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 123,759 134,116 203,685 236,391 245,307 685,576 - -
Enterprise Value (EV) 1 186,181 183,980 244,691 321,744 340,508 652,654 796,851 837,038
P/E ratio 13.8 x 11.4 x 15.8 x 52 x 11.6 x 35.6 x 24.3 x 24.1 x
Yield 1.94% 4.73% 2.6% 1.83% 5.09% 1.24% 1.37% 1.57%
Capitalization / Revenue 0.94 x 0.98 x 1.67 x 1.66 x 0.95 x 2.4 x 2.22 x 2.04 x
EV / Revenue 1.42 x 1.35 x 2.01 x 2.26 x 1.33 x 2.4 x 2.58 x 2.5 x
EV / EBITDA 5.82 x 5.17 x 7.06 x 8.96 x 7.16 x 14.3 x 13.6 x 13.5 x
EV / FCF 42.7 x 7.99 x 14.5 x 23.7 x 48.2 x 19.1 x 43.2 x 29 x
FCF Yield 2.34% 12.5% 6.91% 4.22% 2.07% 5.23% 2.31% 3.45%
Price to Book 1.38 x 1.46 x 2 x 2.38 x 2.23 x 5.19 x 4.5 x 3.94 x
Nbr of stocks (in thousands) 480,617 480,617 480,617 480,617 480,617 480,617 - -
Reference price 2 257.5 279.0 423.8 491.8 510.4 1,382 1,382 1,382
Announcement Date 5/15/19 5/18/20 5/20/21 5/10/22 5/29/23 5/22/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 131,510 136,406 121,727 142,576 256,941 271,832 309,411 335,260
EBITDA 1 31,995 35,561 34,652 35,910 47,587 45,592 58,722 62,008
EBIT 1 19,730 22,518 21,857 22,571 34,777 31,817 44,133 48,396
Operating Margin 15% 16.51% 17.96% 15.83% 13.54% 11.7% 14.26% 14.44%
Earnings before Tax (EBT) 1 12,636 4,748 15,518 5,640 30,414 25,826 35,293 37,141
Net income 1 8,989 11,742 12,909 4,540 21,174 18,332 27,460 27,497
Net margin 6.84% 8.61% 10.61% 3.18% 8.24% 6.74% 8.87% 8.2%
EPS 2 18.70 24.43 26.86 9.450 44.06 38.14 56.85 57.30
Free Cash Flow 1 4,359 23,017 16,916 13,580 7,060 41,716 18,433 28,908
FCF margin 3.31% 16.87% 13.9% 9.53% 2.75% 14.82% 5.96% 8.62%
FCF Conversion (EBITDA) 13.63% 64.73% 48.82% 37.82% 14.84% 87.82% 31.39% 46.62%
FCF Conversion (Net income) 48.49% 196.03% 131.04% 299.14% 33.34% 207.02% 67.13% 105.13%
Dividend per Share 2 5.000 13.20 11.00 9.000 26.00 17.14 19.00 21.63
Announcement Date 5/15/19 5/18/20 5/20/21 5/10/22 5/29/23 5/22/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4
Net sales 1 29,528 30,841 30,989 36,476 67,465 37,674 37,436 65,103 67,032 132,135 64,428 60,379 73,276 72,434 142,885 69,701 68,295
EBITDA 1 8,703 9,144 7,281 9,383 16,664 9,340 9,906 10,604 11,642 22,246 14,437 10,904 11,848 12,120 24,062 13,304 12,411
EBIT - - - - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 3,987 4,553 2,729 4,852 - 5,091 -7,033 6,711 7,246 - - - 7,113 7,904 - 8,710 7,348
Net income 1 3,205 3,969 2,066 3,674 5,739 3,681 -4,880 5,021 4,816 9,838 6,846 4,491 5,173 5,199 10,432 5,912 5,230
Net margin 10.85% 12.87% 6.67% 10.07% 8.51% 9.77% -13.04% 7.71% 7.19% 7.45% 10.63% 7.44% 7.06% 7.18% 7.3% 8.48% 7.66%
EPS 2 - - - - - - - - - - - 9.340 10.76 11.35 - 14.90 10.41
Dividend per Share - - - - - - - - - - - - - - - - -
Announcement Date 2/9/21 5/20/21 8/6/21 10/27/21 10/27/21 2/3/22 5/10/22 8/8/22 11/10/22 11/10/22 2/14/23 5/29/23 8/10/23 - 11/9/23 - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 62,423 49,864 41,005 85,353 95,201 111,639 111,275 151,463
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.951 x 1.402 x 1.183 x 2.377 x 2.001 x 2.35 x 1.895 x 2.443 x
Free Cash Flow 1 4,359 23,017 16,916 13,580 7,060 41,716 18,433 28,908
ROE (net income / shareholders' equity) 10.8% 13% 13.4% 15% 20.2% 16.7% 18.3% 17.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 187.0 191.0 212.0 207.0 229.0 266.0 307.0 351.0
Cash Flow per Share - - - - - - - -
Capex 1 19,887 13,337 12,960 18,091 28,156 36,613 44,079 43,467
Capex / Sales 15.12% 9.78% 10.65% 12.69% 10.96% 13% 14.25% 12.97%
Announcement Date 5/15/19 5/18/20 5/20/21 5/10/22 5/29/23 5/22/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Torrent Power Limited

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
9
Last Close Price
1,382 INR
Average target price
1,009 INR
Spread / Average Target
-26.99%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Electric Utilities

1st Jan change Capi.
TORRENT POWER LIMITED Stock Torrent Power Limited
+52.75% 7.98B
NEXTERA ENERGY Stock NextEra Energy
+24.07% 157B
SOUTHERN COMPANY Stock Southern Company
+10.90% 86.04B
IBERDROLA, S.A. Stock Iberdrola, S.A.
+2.06% 83.72B
DUKE ENERGY CORPORATION Stock Duke Energy Corporation
+5.47% 79.83B
ENEL S.P.A. Stock Enel S.p.A.
-1.84% 73.45B
CONSTELLATION ENERGY CORPORATION Stock Constellation Energy Corporation
+94.11% 69.39B
AMERICAN ELECTRIC POWER COMPANY, INC. Stock American Electric Power Company, Inc.
+10.98% 48.22B
GE VERNOVA INC. Stock GE Vernova Inc.
0.00% 44.91B
DOMINION ENERGY, INC. Stock Dominion Energy, Inc.
+12.43% 44.84B
Other Electric Utilities
  1. Stock Market
  2. Equities
  3. TORNTPOWER Stock
  4. Financials Torrent Power Limited