Key Takeaways Expansion into renewables and energy storage aligns with decarbonization, enhances revenue visibility, and supports higher margins as the project mix evolves. Improved distribution efficiencies and geographic growth, coupled with strategic contracting and a strong balance sheet, enable sustained profitability and future expansion.Read more
Key Takeaways Fast-tracked renewable and storage projects, alongside advanced grid efficiency, could drive sustained earnings outperformance and higher margins than currently anticipated. Strategic market positioning and strong financial flexibility enable rapid expansion, sector-leading growth, and potential for significant gains from acquisitions and tenders.Read more
Key Takeaways Widespread adoption of distributed energy and improved efficiency threaten long-term demand and revenue expansion, limiting Torrent Power's market growth potential. Heavy investments and exposure to regulatory shifts and competition create significant risks to margins, cash flow stability, and asset values.Read more
Solid track record with adequate balance sheet and pays a dividend.
Torrent Power Limited, together with its subsidiaries, engages in the generation, renewables, 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 2,319 megawatts peak; and wind power plants with a generation capacity of 2,581 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 and ancillary services. The company was incorporated in 2004 and is headquartered in Ahmedabad, India. Torrent Power Limited is a subsidiary of Torrent Investments Limited.
