Overall Fundamental outlook

Business Operations:

Sector: Utilities
Industry: Utilities - Independent Power Producers

Torrent Power Limited, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity in India. The company owns thermal power plants with a generation capacity of 3,092 megawatts; solar power plants with a generation capacity of 2,077 megawatts peak; and wind power plants with a generation capacity of 2,199 megawatts. It also distributes electricity in the cities of Ahmedabad, Gandhinagar, Surat, Dadra and Nagar Haveli, Daman and Diu, Dahej, and Dholera covering an area of 2,050 square kilometers; and operates as a franchisee for electricity distribution in the cities of Bhiwandi, Agra, and Shil-Mumbra-Kalwa covering an area of approximately 1,007 square kilometers. In addition, the company is involved in the manufacture and supply of power cables. The company was incorporated in 2004 and is based in Ahmedabad, India. Torrent Power Limited operates as a subsidiary of Torrent Investments Private Limited.

Revenue projections:

Revenue projections for TORNTPOWER
Revenue projections for TORNTPOWER

TORNTPOWER is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 1.265000
forwardPE 22.352428
debtToEquity 53.715000
earningsGrowth 0.435000
revenueGrowth 0.098000
grossMargins 0.268630
operatingMargins 0.141820
trailingEps 59.870000
forwardEps 30.270000

TORNTPOWER's current ratio of 1.265 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as TORNTPOWER can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
TORNTPOWER's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
TORNTPOWER's forward EPS being less than trailing EPS suggests the company may see a drop in profitability this year. This signals potential financial challenges and a less optimistic outlook for earnings growth.

Price projections:

Price projections for TORNTPOWER
Price projections for TORNTPOWER

Torrent Power Limited's stock price has repeatedly hovered near the lower end of projections. This trend indicates that the company may be facing obstacles in achieving the growth anticipated by analysts.

Recommendation changes over time:

Recommendations trend for TORNTPOWER
Recommendations trend for TORNTPOWER


A recent buy bias from analysts toward Torrent Power Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Torrent Power Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.