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's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

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 being 1.265 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
Torrent Power Limited's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
TORNTPOWER's forward EPS, being lower than its trailing EPS, points to an expected decline in profitability. This suggests that the company's financial performance may weaken in the upcoming year.

Price projections:

Price projections for TORNTPOWER
Price projections for TORNTPOWER

The price of Torrent Power Limited has often been situated close to the lower end of projections. This consistent trend may signal difficulties for the company in achieving investor expectations for future performance.

Recommendation changes over time:

Recommendations trend for TORNTPOWER
Recommendations trend for TORNTPOWER


Analysts' buy bias toward TORNTPOWER suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, TORNTPOWER is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.