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:
TORNTPOWER is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
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 |
Torrent Power Limited's current ratio being 1.265 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
TORNTPOWER's Forward PE ratio suggests the stock price is reasonable in relation to earnings. It's not overpriced, providing room for future growth, making the stock a potentially valuable investment for those seeking long-term gains.
TORNTPOWER's forward EPS being lower than its trailing EPS indicates that the company's earnings are projected to decrease. This suggests that TORNTPOWER may struggle to maintain profitability at previous levels, potentially affecting its financial outlook.
Price projections:
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:
The recent buy bias for TORNTPOWER from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see TORNTPOWER as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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