Torrent Power Key Ratios
NSE: TORNTPOWER | BSE: 532779
₹1,258.40
As on 26-Aug-2026IST
Market cap
₹63,426 Cr
Revenue (TTM)
₹29,184 Cr
P/E Ratio
27.3
P/B Ratio
3.2
Div. Yield
1.6 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 26.82 | 2.75 | 4.09 | 3.25 | 18.93 |
| EBIT | 56.18 | 4.09 | 16.71 | 3.52 | 15.52 |
| Net Profit | 100.77 | -12.66 | -15.43 | 2.90 | 15.62 |
| EPS | 100.77 | -12.66 | -16.14 | 1.29 | 14.53 |
| Book Value | -- | -- | 8.29 | 18.23 | 12.31 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 14.38 | 13.24 | 13.61 | 13.34 | 12.99 |
| Net Margin
| 10.91 | 7.40 | 8.11 | 8.41 | 10.31 |
| Return on equity
| 16.34 | 15.15 | 12.27 | 13.46 | 20.61 |
| Return on Capital
| 16.31 | 14.53 | -- | 14.37 | 17.19 |
| Return on Assets
| 7.84 | 6.12 | 5.84 | 6.06 | 8.77 |
| Debt to Equity (x)
| -- | -- | 0.62 | 0.72 | 0.50 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
14.37
|
17.19
|
15.62
|
19.04
|
|
Peer Median
|
--
|
31.01
|
30.93
|
14.77
|
--
|
ROE
12.27
Lower than Peers by 6.85
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
12.27
|
13.46
|
20.61
|
16.44
|
20.66
|
|
Peer Median
|
19.12
|
21.66
|
24.43
|
17.25
|
--
|
ROA
5.84
Lower than Peers by 1.98
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
5.84
|
6.06
|
8.77
|
6.00
|
7.89
|
|
Peer Median
|
7.82
|
6.06
|
6.00
|
5.21
|
--
|
EBIT Margin
13.61
Higher than Peers by 0.55
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
13.61
|
13.34
|
12.99
|
11.24
|
13.44
|
|
Peer Median
|
13.07
|
10.81
|
21.71
|
12.05
|
--
|
Net Margin
8.11
Lower than Peers by 0.20
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
8.11
|
8.41
|
10.31
|
6.86
|
8.29
|
|
Peer Median
|
8.30
|
7.30
|
6.94
|
7.60
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
14.09
|
15.62
|
12.04
|
13.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
4.09
Lower than Peers by 7.37
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
4.09
|
-0.68
|
7.29
|
5.80
|
80.21
|
|
Peer Median
|
11.46
|
9.56
|
43.11
|
14.98
|
--
|
EBIT Growth
16.71
Higher than Peers by 4.55
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
16.71
|
1.97
|
23.95
|
-11.51
|
59.36
|
|
Peer Median
|
12.15
|
8.32
|
31.14
|
-4.39
|
--
|
Net Profit Growth
-15.43
Lower than Peers by 38.73
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
-15.43
|
-19.27
|
61.32
|
-12.41
|
371.91
|
|
Peer Median
|
23.31
|
-14.77
|
61.32
|
-8.37
|
--
|
EPS Growth
-16.14
Lower than Peers by 40.14
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
-16.14
|
-19.14
|
55.49
|
-13.42
|
366.42
|
|
Peer Median
|
24.00
|
-16.14
|
82.30
|
15.45
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
8.29
|
46.04
|
9.55
|
10.73
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.62
Higher than Peers by 0.14
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
0.62
|
0.72
|
0.50
|
0.96
|
0.95
|
|
Peer Median
|
0.48
|
0.58
|
0.96
|
1.94
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
0.00
|
0.01
|
0.02
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.95
Lower than Peers by 0.36
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
0.95
|
0.95
|
1.14
|
1.09
|
1.08
|
|
Peer Median
|
1.31
|
1.31
|
1.24
|
1.24
|
--
|
Quick Ratio
0.90
Lower than Peers by 0.25
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
0.90
|
0.90
|
1.05
|
0.99
|
0.96
|
|
Peer Median
|
1.15
|
1.16
|
1.60
|
1.11
|
--
|
Interest Coverage
4.21
Lower than Peers by 0.21
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
4.21
|
4.55
|
4.11
|
3.74
|
4.72
|
|
Peer Median
|
4.42
|
4.55
|
3.74
|
2.47
|
--
|
Operating Efficiency
Debtors to sales
7.98
Lower than Peers by 9.20
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
7.98
|
8.04
|
8.10
|
8.06
|
8.74
|
|
Peer Median
|
17.18
|
24.98
|
25.30
|
13.24
|
--
|
Asset Turnover
0.71
Lower than Peers by 0.25
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
0.71
|
0.71
|
0.84
|
0.86
|
0.94
|
|
Peer Median
|
0.96
|
1.02
|
1.50
|
0.58
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
29.56
|
28.49
|
29.79
|
27.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
7.34
|
9.13
|
10.88
|
9.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
--
|
--
|
37.62
|
40.67
|
36.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
27.29
No difference
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
27.29
|
27.24
|
25.08
|
35.52
|
11.56
|
|
Peer Median
|
27.29
|
27.29
|
25.45
|
104.94
|
--
|
Price / Book Value
3.21
No difference
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
3.21
|
3.45
|
4.25
|
5.40
|
2.22
|
|
Peer Median
|
3.21
|
3.21
|
4.72
|
7.68
|
--
|
Dividend Yield
1.59
Higher than Peers by 0.58
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
1.59
|
1.53
|
1.28
|
1.18
|
5.10
|
|
Peer Median
|
1.01
|
0.43
|
--
|
0.14
|
--
|
EV/EBITDA
12.95
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
12.95
|
13.42
|
14.38
|
15.56
|
6.74
|
|
Peer Median
|
--
|
19.37
|
35.21
|
37.67
|
--
|
Market Cap
63,426
Higher than Peers by 17,650
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Torrent Power
|
63,426
|
65,823
|
74,949
|
65,112
|
24,486
|
|
Peer Median
|
45,777
|
28,127
|
17,973
|
43,815
|
--
|