More about Torrent Power Limited
Fundamentals for Torrent Power Limited
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Fundamentals for Torrent Power Limited
Business Operations:
Sector: UtilitiesIndustry: 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:
Torrent Power Limited 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 | 0.95100 |
|---|---|
| forwardPE | 23.05893 |
| debtToEquity | 70.88500 |
| earningsGrowth | -0.70000 |
| revenueGrowth | -0.00800 |
| grossMargins | 0.28912 |
| operatingMargins | 0.11370 |
| trailingEps | 48.02000 |
| forwardEps | 62.47038 |
Torrent Power Limited's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
Torrent Power Limited's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
Torrent Power Limited's negative gross and operating margins point to financial difficulties, as the company is incurring losses at both the production and operational levels. This suggests a potential decline in profitability and raises concerns about its financial outlook.
TORNTPOWER's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
The price of TORNTPOWER has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.
Recommendation changes over time:
The analysts' recent buy bias for TORNTPOWER indicates strong confidence in the stock's future performance. This could encourage more investors to view TORNTPOWER as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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