What is Torrent Power Ltd's PE ratio?

Torrent Power Ltd trades at a P/E ratio of 31.60.

What is Torrent Power Ltd's market cap?

Torrent Power Ltd's market capitalisation is ₹72,265 Cr.

When did Torrent Power Ltd last report results?

Torrent Power Ltd last reported Q4FY26 results on 12 May '26.

What is Torrent Power Ltd's ROE?

Torrent Power Ltd's return on equity (ROE) is 12.5%.

What sector is Torrent Power Ltd in?

Torrent Power Ltd (TORNTPOWER) is classified in the Utilities sector (Integrated Power Utilities).

Utilities · Integrated Power Utilities

Torrent Power Ltd (TORNTPOWER)

₹1,434.10

Mkt cap

₹72,265 Cr

P/E ratio

31.60

P/B

3.78

Div yield

1.39%

ROE

12.50%

ROCE

13.70%

EPS (TTM)

₹45.38

Book value

₹379

52W range

1,200–1,773

Sector

Utilities

Torrent Power Ltd is a leading integrated power utility company in India with presence across generation, transmission and distribution of power. Its operations are spread across the states of Gujarat, Maharashtra, Uttar Pradesh and Karnataka. [1] It is a part of Torrent Group which has presence across pharmaceutical, power and city gas distribution business. [2]

NSE TORNTPOWERBSE 532779www.torrentpower.com

Health check

Constructive

ValuationFair

ProfitabilityAverage

GrowthModerate

TechnicalsBullish

52-week range

−19.09% from high

₹1,434

₹1,200+19.51% from low₹1,773

Current

₹1,434.10

Prev close

₹1,436.00

Day

−0.13%

Price performance

−0.13%

+0.06%

+1.44%

−15.62%

+8.52%

+3.49%

YTD

+2.48%

Financials

F

Revenue, profit & margin

P/E ratio

31.6×

TORNTPOWER is 5% above the sector median of 30.0×

TORNTPOWER31.6×

Sector median30.0×

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	6,038	7,328	6,961	6,366	6,529	9,034	7,176	6,499	6,456	7,906	7,876	6,778	6,406
Expenses	4,947	6,143	5,740	5,322	5,420	7,176	5,968	5,388	5,326	6,423	6,370	5,375	5,257
Operating Profit	1,090	1,185	1,221	1,044	1,109	1,858	1,207	1,112	1,130	1,483	1,506	1,403	1,149
OPM %	18%	16%	18%	16%	17%	21%	17%	17%	18%	19%	19%	21%	18%
Other Income	96	86	108	54	97	76	125	172	114	105	78	69	71
Interest	189	227	247	235	233	260	272	276	236	212	216	255	252
Depreciation	329	332	342	349	355	359	371	378	389	390	389	413	421
Profit before tax	668	711	741	513	617	1,315	689	630	619	985	979	805	547
Tax %	28%	25%	27%	27%	28%	24%	28%	22%	-74%	25%	24%	19%	39%
Net Profit	484	532	543	374	447	996	496	489	1,077	742	742	655	331
EPS in Rs	9.34	10.76	10.94	7.49	8.95	20.23	10.01	9.44	21.03	14.52	14.36	12.76	6.31
Raw PDF

Earnings

EResults dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +0.05% · closed higher next day 25 of last 63

	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26
Broadcast	11 Aug '23	9 Nov '23◦	8 Feb '24◦	22 May '24◦	30 Jul '24◦	13 Nov '24◦	4 Feb '25◦	14 May '25◦	5 Aug '25◦	11 Nov '25◦	10 Feb '26◦	12 May '26◦
Earnings day	−4.71%	+2.31%	−2.56%	+3.23%	+16.56%	−5.23%	−1.42%	−1.19%	+0.48%	−3.29%	−3.67%	−8.79%
+1 day	−4.30%	+7.93%	−6.13%	+1.36%	+14.11%	−3.77%	+1.62%	−0.49%	+3.34%	−3.23%	−1.98%	−8.76%
+5 days	−5.29%	+8.63%	−2.56%	+4.24%	+10.60%	−1.87%	−6.21%	−3.81%	+3.69%	−2.69%	+3.03%	−5.32%
+15 days	+5.06%	+27.11%	−7.31%	+15.63%	+6.07%	+0.05%	−2.96%	−2.72%	−6.57%	−2.59%	+1.41%	−9.86%
+30 days	+7.57%	+18.23%	+16.67%	+9.24%	+7.78%	−9.67%	+10.77%	+0.74%	−3.74%	−4.19%	−8.81%	−11.51%
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL

Corporate actions

CLast 6 months

Kind	Value	Ex-date	Record
dividend Dividend - Rs 5 Per Share	5.00	19 Jun '26	19 Jun '26
dividend Interim Dividend - Rs 15 Per Share	15.00	16 Feb '26	16 Feb '26

Shareholding

Sas of Jun 2026

51.09%Promoter

Promoters51.09%

FIIs8.53%0.13

DIIs22.69%0.13

Public9.37%0.04

Government8.35%

Ownership trend

Peers

P6 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
Adani Power	₹213.66	28.90	4,12,037	0.00%	4,867	+41.98%	18,902	+33.97%	17.22%
Tata Power Co.	₹374.40	31.11	1,19,634	0.67%	1,416	+1.65%	14,900	−12.84%	10.53%
Torrent Power	₹1,434.10	31.59	72,265	1.39%	331	−69.97%	6,406	−0.78%	13.66%
CESC	₹163.18	14.03	21,631	3.68%	459	+17.69%	4,096	+5.65%	10.63%
Reliance Infra.	₹63.19	1.13	2,582	0.00%	1,640	−71.11%	4,001	−2.60%	15.34%
India Power Corp	₹7.17	54.51	698	0.70%	4	+321.39%	166	+21.47%	3.49%
Median: 6 Co.	₹188.42	30.00	46,948	0.69%	937	+9.67%	5,251	+2.44%	12.14%

Filings

D

Annual reports15

Financial Year 2026bse Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013nse Financial Year 2013bse

Credit ratings6

Rating update 23 Aprcrisil Rating update 16 Aprfitch Rating update 24 Febcrisil Rating update 5 Febcrisil Rating update 4 Febfitch Rating update 18 Jun 2025crisil

Announcements5

Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 13 Jul - 22nd AGM scheduled for August 3, 2026; annual report shared and KYC reminder issued.Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jul Business Responsibility and Sustainability Reporting (BRSR) 10 Jul - Torrent Power filed FY 2025-26 BRSR with independent assurance report.Reg. 34 (1) Annual Report. 10 Jul Notice Of 22Nd Annual General Meeting Along With Integrated Annual Report Of The Company For FY 2025-26 10 Jul