TORNTPOWER
Electric UtilitiesTORRENT POWER LIMITED
The Torrent Power (TPL) is engaged in the generation, transmission, and distribution of power. The company forayed into the power section by acquiring the management control of Surat Electricity Company in the year 1996–97. And later in 1998–99, it received the management control of the Ahmedabad Electricity Company (AEC).
In 2002–03, the company started setting up its 1147.5 MW combined cycle mega power project near Surat. And in the year 2004–05, the three companies such as Torrent Power AEC, and Torrent Power SEC and the Torrent Power Generation were merged into the Torrent Power.
Currently, it is part of INR 45 billion Torrent Group, and the company has a generation capacity of about 1647.5 MW out of this 500 MW is operational, and the rest 1147.5 MW is under the implementation process.
The company annually distributes about 10 billion units of power in the cities of Ahmedabad, and Gandhinagar, and Surat respectively. It also has an active base of about 1.9 million customers in these particular cities.
The company created a success history by entering into India with the first distribution franchisee agreement with the Maharashtra State Electricity Distribution Company for the Bhiwandi Circle in December 2006.
This particular company generates about 400 MW from its coal-based thermal power station which is located at the Sabarmati. It also has four thermal generating units with an installed capacity of about 60 MW, and 120 MW, and 110MW. Also, this facility was acknowledged as one of the best plants in India by the ministry of power in May 2004.
- Trades at a P/E of 40.9, with a return on equity (ROE) of 15.2%.
- TORNTPOWER is trading above 4 of 5 of its key moving averages (10/20/50/100/200-DMA) — a bullish technical setup.
- Year-to-date it is up 10.18%, and up 10.08% over the past year.
- At ₹1,434.10 it sits about 39% of the way up its 52-week range (₹1,188.00–₹1,824.10).
- Offers a dividend yield of 1.07%.
- Market capitalisation stands at ₹68,884 Cr.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹18,836 Cr | ₹2,104 Cr | ₹43.77 | 11.17% |
| Mar 2022 | ₹13,716 Cr | ₹410 Cr | ₹8.52 | 2.99% |
| Mar 2021 | ₹12,173 Cr | ₹1,291 Cr | ₹26.86 | 10.61% |
| Mar 2021 | ₹12,173 Cr | ₹1,291 Cr | ₹26.86 | 10.61% |
| Mar 2020 | ₹13,641 Cr | ₹1,174 Cr | ₹24.43 | 8.61% |
| Mar 2020 | ₹13,641 Cr | ₹1,174 Cr | ₹24.43 | 8.61% |
| Mar 2019 | ₹13,151 Cr | ₹899 Cr | ₹18.70 | 6.84% |
| Mar 2019 | ₹13,151 Cr | ₹899 Cr | ₹18.70 | 6.84% |
| Mar 2018 | ₹11,512 Cr | ₹942 Cr | ₹19.61 | 8.18% |
| Mar 2017 | ₹9,960 Cr | ₹429 Cr | ₹8.92 | 4.31% |
| Mar 2016 | ₹11,680 Cr | ₹900 Cr | ₹18.73 | 7.71% |
| Mar 2015 | ₹10,348 Cr | ₹360 Cr | ₹7.26 | 3.48% |
| Company | P/E | Book Value | Sales Growth |
|---|---|---|---|
| ADANIENSOL Adani Transmission Ltd | 109 | ₹113.00 | 19% |
| NTPC NTPC LTD. | 8.74 | ₹111.36 | 8.43% |
| POWERGRID POWER GRID CORPORATION OF INDIA LTD. | 9.28 | ₹119.23 | 18.19% |
| RTNPOWER RattanIndia Power Limited | 0 | ₹3.64 | -9.09% |
| GVKPIL GVK POWER & INFRASTRUCTURE LTD. | 5.13 | ₹11.91 | -5.13% |
| RELINFRA RELIANCE INFRASTRUCTURE LTD. | 0.4 | ₹534.81 | -53.7% |
| RPOWER RELIANCE POWER LTD. | 0 | ₹45.94 | -8.21% |
| ADANITRANS Adani Transmission Ltd | 0 | ₹53.95 | 44.78% |
| NHPC NHPC LTD. | 8.5 | ₹30.40 | 3.54% |
| ADANIPOWER ADANI POWER LTD. | 0 | ₹41.31 | -42.63% |
| TATAPOWER TATA POWER CO.LTD. | 26.1 | ₹57.92 | -2.99% |
| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 25 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 4,54,957 | ₹485.75 |
| 25 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 4,54,957 | ₹485.75 |
| 25 Oct 2022 | ISHARES INDIA SC MAURITIUS COMPANY | SALE | 56,613 | ₹485.75 |
| 25 Oct 2022 | ISHARES MSCI INDIA SMALL-CAP ETF | PURCHASE | 56,613 | ₹485.75 |
| 17 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 4,54,522 | ₹478.00 |
| 17 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 4,54,522 | ₹478.00 |
| 17 Oct 2022 | ISHARES INDIA SC MAURITIUS COMPANY | SALE | 56,556 | ₹478.00 |
| 17 Oct 2022 | ISHARES MSCI INDIA SMALL-CAP ETF | PURCHASE | 56,556 | ₹478.00 |
| 11 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 2,22,226 | ₹491.35 |
| 11 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 2,22,226 | ₹491.35 |
| 11 Oct 2022 | ISHARES INDIA SC MAURITIUS COMPANY | SALE | 27,652 | ₹491.35 |
| 11 Oct 2022 | ISHARES MSCI INDIA SMALL-CAP ETF | PURCHASE | 27,652 | ₹491.35 |
Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.