TORNTPOWER
Torrent Power Limited
NSELast Traded Price
₹1420.3
-30.5 (-2.12%)
Open
₹1447.2
High
₹1473.6
Low
₹1407
Prev Close
₹1440.5
Industry
Integrated Power Utilities
Market Cap
71050.40 Cr
Filing History
Recent corporate announcements and filings for TORNTPOWER
Business Update
Neutral
2026-05-15 17:14
Torrent Power Limited announced the availability of the transcript of its earnings conference call with analysts and investors on the audited financial results for the quarter and year ended March 31, 2026. The transcript is available on the company's website as of May 15, 2026.
Business Update
Neutral
2026-05-13 13:13
Torrent Power Limited announced the availability of the audio recording of its earnings conference call with analysts and investors. The call discussed the audited financial results for the quarter and year ended March 31, 2026. The recording can be accessed on the company's website as of May 13, 2026.
Financials
Negative
2026-05-12 18:51
Standalone Revenue ₹4,480.02 Cr vs ₹4,692.34 Cr (▼4.5% YoY), EBITDA ₹930.60 Cr vs ₹927.61 Cr (▲0.3% YoY), PAT ₹431.90 Cr vs ₹1,089.80 Cr (▼60.4% YoY). EBITDA Margin 20.8% vs 19.8% (▲100bps). The Board also recommended a Final Dividend of ₹5 per equity share and approved raising funds up to ₹10,000 Crore via Non-Convertible Debentures.
Financials
Positive
2026-05-12 18:50
Consolidated Revenue ₹6,406 Cr vs ₹6,456 Cr (▼0.8% YoY), EBITDA ₹1,220 Cr vs ₹1,245 Cr (▼2.0% YoY), PAT ₹408 Cr vs ₹1,085 Cr (▼62.4% YoY), and EBITDA Margin 19.0% vs 19.3% (▼20bps).
Financials
Positive
2026-05-12 18:49
Torrent Power Limited's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. A final dividend of ₹5 per equity share was recommended, bringing the total dividend for FY 2025-26 to ₹20 per share (including a prior interim dividend of ₹15). The Board also approved raising up to ₹10,000 Crore through Non-Convertible Debentures via private placement and re-appointed Radhika Haribhakti and Ketan Dalal as Independent Directors for a second and final term of 5 years each. The Auditor's report had an unmodified opinion, and there was no deviation in the utilization of previously issued NCDs.
Financials
Positive
2026-05-12 18:48
Torrent Power's Board of Directors met on May 12, 2026, to approve the audited financial results for the quarter and year ended March 31, 2026. The Board recommended a Final Dividend of ₹5 per equity share, adding to an Interim Dividend of ₹15 already paid. Additionally, the Board approved raising funds up to ₹10,000 Crore through Non-Convertible Debentures via private placement and re-appointed two Non-Executive Independent Directors. No deviation was reported in the utilization of previously issued NCDs.
Financials
Positive
2026-05-12 18:47
Torrent Power Limited's Board of Directors approved audited financial results for Q4 FY26 and the full year ended March 31, 2026, with an unmodified auditor's opinion. The board recommended a final dividend of ₹5 per equity share, adding to the interim dividend of ₹15 already paid. They also approved raising up to ₹10,000 Crore through Non-Convertible Debentures via private placement and re-appointed two Non-Executive Independent Directors for a second term.
Business Update
Neutral
2026-05-06 16:57
Torrent Power Limited has organized an Earnings Conference Call with Analysts / Investors on Wednesday, May 13, 2026, at 09:30 am IST to discuss the Financial Results for the quarter and year ended March 31, 2026, and the company's business strategy and outlook. Key management participants include Mr. Saurabh Mashruwala (Executive Director & CFO), Mr. Rishi Shah (GM Finance), and Mr. Jayprakash Khanwani (AGM Finance).
Business Update
Positive
2026-04-23 19:45
CRISIL Ratings assigned 'CRISIL AA+/Stable' to Torrent Power's proposed ₹4000 Crore non-convertible debentures and reaffirmed existing long-term (AA+/Stable) and short-term (A1+) ratings, with a stable outlook. This reflects the company's strong operating profile and financial health.
Business Update
Positive
2026-04-16 16:48
Torrent Power received a long-term credit rating of 'IND AA+/Stable' for proposed non-convertible debentures of ₹4000Cr and re-affirmation for existing NCDs of ₹3700Cr from India Ratings and Research on April 16, 2026. Short-term commercial paper also affirmed 'IND A1+'.
Business Update
Neutral
2026-04-08 13:49
Torrent Power Limited will hold an in-person analyst/investor meeting with Kotak Institutional Equities on Monday, April 13, 2026, at 11:00 am IST in Ahmedabad.
Business Update
Positive
2026-04-08 13:46
Torrent Power received approval from the Competition Commission of India (CCI) on April 07, 2026, for the acquisition of 100% equity stake and convertible instruments of Nabha Power Limited from L&T Power Development Limited.
Routine
Neutral
2026-04-07 18:31
Torrent Power Limited submitted the confirmation certificate from MUFG Intime India Pvt. Ltd. regarding dematerialization/rematerialization of securities for the quarter ended March 31, 2026, as per Regulation 74(5) of SEBI.
Ownership
Neutral
2026-03-30 19:37
Torrent Power Limited sold 50,000 equity shares of UNM Foundation (a Section 8 associate company) for ₹5,00,000 to its Holding Company, Torrent Investments Limited, on March 30, 2026. This related party transaction was stated to be at arm's length.
Business Update
Neutral
2026-03-30 18:41
Torrent Power sold equity shares of 3 wholly-owned subsidiaries (with negative net worth and 0% contribution to consolidated revenue) to another wholly-owned subsidiary for ₹3,00,000 on March 30, 2026, as an internal restructuring.
Business Update
Negative
2026-03-28 10:55
CRITICAL RED FLAG DETECTED
Torrent Power received a demand order dated March 27, 2026, from Additional Commissioner, Agra, for ₹94.71 Cr in CGST/SGST and an equivalent penalty, totaling ~₹189.42 Cr, for Apr 2019-Sep 2024. The company plans to challenge the order, stating no material financial impact.
Business Update
Positive
2026-03-27 19:02
Torrent Power acquired 100% equity shares of Torrent Urja 47 Private Limited (TU47) for ₹5,00,000 from its wholly-owned subsidiary, Torrent Green Energy. TU47, incorporated in 2025 with nil turnover, will serve to create a separate thermal business vertical for acquiring thermal power plants.
Routine
Neutral
2026-03-27 18:38
Torrent Power Limited announced the closure of the trading window for designated persons from April 01, 2026, until 48 hours after the submission of audited financial results for the financial year ended March 31, 2026, to prevent insider trading.
Business Update
Positive
2026-03-20 16:45
Torrent Green Energy Private Limited, a wholly-owned subsidiary of Torrent Power, acquired 100% equity shares of Onix-One Enersol Private Limited for ₹1,00,000. Onix-One Enersol, engaged in renewable energy generation with FY25 turnover of ₹19.44 Cr, will help support the company's client commitments.
Business Update
Neutral
2026-03-18 18:09
Torrent Power Limited announced virtual meetings with Nuvama Institutional Equities on March 23, 2026, and White Oak on March 25, 2026, to engage with analysts and investors.
Business Update
Neutral
2026-03-16 18:14
Torrent Power Limited announced the schedule of analyst/investor meetings on March 20, 2026. Meetings are planned with PL Capital Group (in-person) and SBI Pension Funds (Pvt) Ltd. (virtual) under Regulation 30 of SEBI LODR.
Business Update
Neutral
2026-03-10 14:49
Torrent Power Limited announced an analyst/investor meeting with ICICI Prudential MF on March 17, 2026, at 03:30 pm IST, via virtual mode, as per Regulation 30 of SEBI LODR.
Business Update
Positive
2026-03-09 17:17
Torrent Power Limited has allotted ₹2,000 Crore of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) via private placement on March 09, 2026, at a coupon rate of 7.97% p.a. These NCDs will be listed on NSE's Wholesale Debt Market Segment.
Financials
Positive
2026-03-05 19:15
Standalone Revenue ₹5,096.71Cr vs ₹4,746.26Cr (▲7% YoY), EBITDA ₹1,189.12Cr vs ₹923.30Cr (▲29% YoY), PAT ₹712.16Cr vs ₹368.70Cr (▲93% YoY). EBITDA Margin 22.63% vs 18.81% (▲382bps). The Board also approved an interim dividend of ₹15 per share and fund raising of ₹7,000Cr via NCDs.
Business Update
Neutral
2026-03-03 18:29
Torrent Power Limited announced an Analysts/Investors Meeting (Non-Deal Roadshow) scheduled for March 09 and 10, 2026, in Mumbai to interact with company representatives.
Business Update
Positive
2026-02-24 19:19
Torrent Power Limited on February 24, 2026, announced CRISIL re-affirmed its long-term credit rating as "CRISIL AA+/Stable" and short-term as "CRISIL A1+". The rationale cited improved net debt to EBITDA (1.4x from 2.2x) and increased EBITDA (₹5,436 Cr from ₹4,632 Cr) in FY25, along with successful debt reduction via QIP.
Business Update
Neutral
2026-02-23 17:08
Torrent Power Limited announced an investor meeting with ICICI Prudential MF on February 26, 2026, at 03:35 pm IST. The virtual meeting is scheduled as per Regulation 30 of SEBI LODR.
Business Update
Neutral
2026-02-23 13:46
Torrent Power Limited announced an analyst/investor meeting with Axis Mutual Fund on Friday, February 27, 2026, at 04:00 pm IST, held virtually, in compliance with Regulation 30 of SEBI LODR.
Business Update
Neutral
2026-02-20 12:23
Torrent Power Limited will hold an Analyst / Investor Meeting with Spark Institutional Equities Private Limited on February 25, 2026, at 04:00 pm IST, in person at Ahmedabad.
Business Update
Positive
2026-02-16 12:57
Torrent Power Limited scheduled a conference call for Investors/Analysts on February 16, 2026, at 5:30 pm to update on the acquisition of 100% equity stake and convertible instruments of Nabha Power Limited, for which a Securities Purchase Agreement was entered into today.
Business Update
Positive
2026-02-16 12:20
Torrent Power Ltd. is acquiring 100% equity stake in Nabha Power Limited (NPL), a 1,400 MW coal-based power plant, from L&T Power Development Company Ltd. for an EV of ~₹6,889 Cr. The acquisition, dated February 16, 2026, is expected to be EPS accretive from day one.
Business Update
Positive
2026-02-16 12:13
Torrent Power announced on February 16, 2026, the acquisition of 100% equity in Nabha Power Limited from L&T Power Development Ltd for an Enterprise Value of INR 6,889 Crores. This will expand Torrent's operational capacity from ~5 GW to 6.4 GW.
Business Update
Positive
2026-02-16 11:59
Torrent Power Limited is acquiring 100% equity and convertible instruments of Nabha Power Limited (NPL) from L&T Power Development Limited for ₹3,660.87 crores. NPL owns and operates a 2x700 MW coal-based thermal power plant, expanding Torrent Power's generation portfolio and presence in Northern India.
Business Update
Neutral
2026-02-13 18:05
Transcript of the Earnings Conference call with Analysts / Investors on Unaudited Financial Results for the quarter and nine months ended December 31, 2025, is available on Torrent Power's website.
Business Update
Neutral
2026-02-12 16:09
Torrent Power Limited announced virtual analyst/investor meetings on February 17, 2026, with UTI MF & SBI Pension Fund and Motilal Oswal Financial Services Ltd, as per SEBI LODR.
Business Update
Neutral
2026-02-10 22:12
Torrent Power Limited announced the availability of the audio recording of its Earnings Conference Call with analysts/investors on Unaudited Financial Results for the quarter and nine months ended December 31, 2025, on its website.
Financials
Positive
2026-02-10 17:54
Torrent Power Limited has fixed Monday, February 16, 2026, as the Record Date for the distribution of an Interim dividend.
Financials
Neutral
2026-02-10 17:19
Torrent Power Limited has filed an Investor Presentation on Unaudited Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The presentation outlines the company's performance, but the detailed financial figures are not included in the provided excerpt.
Financials
Positive
2026-02-10 17:18
Consolidated Revenue ₹6,778Cr vs ₹6,499Cr (▲4% YoY), EBITDA ₹1,472Cr vs ₹1,284Cr (▲15% YoY), PAT ₹637Cr vs ₹490Cr (▲30% YoY). EBITDA Margin 21.7% vs 19.8% (▲190bps).
Financials
Positive
2026-02-10 17:07
Standalone Revenue ₹5,096.71Cr vs ₹4,746.26Cr (▲7.4% YoY), EBITDA ₹1,189.12Cr vs ₹923.30Cr (▲28.8% YoY), PAT ₹712.16Cr vs ₹368.70Cr (▲93.2% YoY) for Q3 FY26. EBITDA Margin 23.33% vs 19.45% (▲388bps). Board also approved an interim dividend of ₹15/share and plans to raise ₹7,000Cr via NCDs.
Financials
Positive
2026-02-10 17:03
Consolidated Revenue ₹6,777.87Cr vs ₹6,499.38Cr (▲4.3% YoY), EBITDA ₹1,403.14Cr vs ₹1,111.63Cr (▲26.2% YoY), PAT ₹643.08Cr vs ₹475.66Cr (▲35.2% YoY). EBITDA Margin 20.7% vs 17.1% (▲360bps).
Business Update
Positive
2026-02-06 15:46
Torrent Power's credit ratings were reaffirmed by CRISIL on Feb 05, 2026. Long-term NCDs and bank facilities assigned/reaffirmed 'CRISIL AA+/Stable', and short-term facilities 'CRISIL A1+'. This reflects an improved Net Debt to EBITDA ratio to 1.4x in FY25 from 2.2x in FY24, aided by increased EBITDA and debt reduction from QIP proceeds.
Business Update
Positive
2026-02-05 23:39
Torrent Power received 'IND AA+/Stable' for proposed ₹2000Cr NCDs, re-affirmed for ₹1875Cr NCDs, and 'IND A1+' for commercial paper from India Ratings & Research on Feb 04, 2026, indicating strong credit quality.