Torrent Power Future Growth

Future criteria checks 1/6

Torrent Power is forecast to grow earnings and revenue by 13.4% and 8.1% per annum respectively. EPS is expected to grow by 11.7% per annum. Return on equity is forecast to be 17.9% in 3 years.

Key information

13.4%

Earnings growth rate

11.7%

EPS growth rate

Electric Utilities earnings growth	17.2%
Revenue growth rate	8.1%
Future return on equity	17.9%
Analyst coverage	Good
Last updated	18 Nov 2024

Recent future growth updates

Earnings Miss: Torrent Power Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

Nov 16

Torrent Power Limited Just Missed Earnings - But Analysts Have Updated Their Models

May 25

Recent updates

Earnings Miss: Torrent Power Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

Nov 16

Torrent Power Limited's (NSE:TORNTPOWER) 28% Price Boost Is Out Of Tune With Earnings

Aug 01

Increases to CEO Compensation Might Be Put On Hold For Now at Torrent Power Limited (NSE:TORNTPOWER)

Jul 24

Torrent Power (NSE:TORNTPOWER) Will Pay A Dividend Of ₹4.00

Jun 04

Torrent Power Limited Just Missed Earnings - But Analysts Have Updated Their Models

May 25

We Like These Underlying Return On Capital Trends At Torrent Power (NSE:TORNTPOWER)

Jan 30

Torrent Power Limited (NSE:TORNTPOWER) Looks Inexpensive But Perhaps Not Attractive Enough

Jan 09

Torrent Power Limited (NSE:TORNTPOWER) Shares Could Be 26% Above Their Intrinsic Value Estimate

Dec 02

Torrent Power (NSE:TORNTPOWER) Shareholders Will Want The ROCE Trajectory To Continue

Oct 20

Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet

Sep 23

Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)

Jul 03

We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt

May 31

Torrent Power Limited's (NSE:TORNTPOWER) Intrinsic Value Is Potentially 33% Above Its Share Price

Mar 27

Torrent Power's (NSE:TORNTPOWER) Returns On Capital Are Heading Higher

Mar 12

Torrent Power (NSE:TORNTPOWER) Seems To Use Debt Quite Sensibly

Jan 19

Earnings and Revenue Growth Forecasts

NSEI:TORNTPOWER - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	361,628	30,819	-75,932	48,455	6
3/31/2026	334,765	29,667	-51,369	50,466	9
3/31/2025	303,403	25,042	-28,537	44,030	8
9/30/2024	291,042	22,433	2,986	45,691	N/A
6/30/2024	288,893	22,882	N/A	N/A	N/A
3/31/2024	271,832	18,332	6,019	42,584	N/A
12/31/2023	266,925	18,521	N/A	N/A	N/A
9/30/2023	267,692	21,768	21,363	47,186	N/A
6/30/2023	265,114	21,326	N/A	N/A	N/A
3/31/2023	256,941	21,174	3,667	34,558	N/A
12/31/2022	233,999	11,803	N/A	N/A	N/A
9/30/2022	207,245	8,638	-3,756	21,448	N/A
6/30/2022	176,690	7,495	N/A	N/A	N/A
3/31/2022	142,576	4,540	13,580	31,672	N/A
12/31/2021	135,981	13,390	N/A	N/A	N/A
9/30/2021	127,834	12,914	21,040	38,012	N/A
6/30/2021	122,645	11,249	N/A	N/A	N/A
3/31/2021	121,727	12,909	16,916	29,876	N/A
12/31/2020	120,720	6,191	N/A	N/A	N/A
9/30/2020	121,983	7,180	17,674	27,850	N/A
6/30/2020	129,116	12,715	N/A	N/A	N/A
3/31/2020	136,406	11,742	22,536	36,104	N/A
12/31/2019	135,819	14,730	N/A	N/A	N/A
9/30/2019	137,564	12,906	12,023	29,342	N/A
6/30/2019	133,590	9,484	N/A	N/A	N/A
3/31/2019	131,510	8,989	4,359	24,246	N/A
12/31/2018	130,365	10,919	N/A	N/A	N/A
9/30/2018	125,316	10,599	N/A	N/A	N/A
6/30/2018	119,963	9,654	N/A	N/A	N/A
3/31/2018	115,121	9,423	N/A	27,635	N/A
12/31/2017	111,815	8,611	N/A	N/A	N/A
9/30/2017	107,536	7,628	N/A	N/A	N/A
6/30/2017	105,161	5,861	N/A	N/A	N/A
3/31/2017	100,001	4,290	N/A	23,560	N/A
12/31/2016	100,621	3,296	N/A	N/A	N/A
9/30/2016	107,674	5,820	N/A	N/A	N/A
6/30/2016	115,723	6,881	N/A	N/A	N/A
3/31/2016	117,158	9,002	N/A	25,503	N/A
12/31/2015	116,015	10,195	N/A	N/A	N/A
9/30/2015	112,704	7,162	N/A	N/A	N/A
6/30/2015	107,619	4,469	N/A	N/A	N/A
3/31/2015	103,960	3,597	N/A	22,514	N/A
12/31/2014	99,476	3,555	N/A	N/A	N/A
9/30/2014	94,293	2,513	N/A	N/A	N/A
6/30/2014	90,332	1,989	N/A	N/A	N/A
3/31/2014	86,811	1,053	N/A	13,555	N/A
12/31/2013	84,976	-499	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TORNTPOWER's forecast earnings growth (13.4% per year) is above the savings rate (6.7%).

Earnings vs Market: TORNTPOWER's earnings (13.4% per year) are forecast to grow slower than the Indian market (18.1% per year).

High Growth Earnings: TORNTPOWER's earnings are forecast to grow, but not significantly.

Revenue vs Market: TORNTPOWER's revenue (8.1% per year) is forecast to grow slower than the Indian market (10.5% per year).

High Growth Revenue: TORNTPOWER's revenue (8.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TORNTPOWER's Return on Equity is forecast to be low in 3 years time (17.9%).

Torrent Power Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Earnings Miss: Torrent Power Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

Price target increased by 9.9% to ₹1,548

Price target increased by 9.2% to ₹1,330

Price target increased by 8.0% to ₹1,301

Price target increased by 12% to ₹1,119

Torrent Power Limited Just Missed Earnings - But Analysts Have Updated Their Models

Recent updates

Earnings Miss: Torrent Power Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

Second quarter 2025 earnings: EPS misses analyst expectations

Torrent Power Limited to Report Q2, 2025 Results on Nov 13, 2024

Price target increased by 9.9% to ₹1,548

Price target increased by 9.2% to ₹1,330

Torrent Power Limited's (NSE:TORNTPOWER) 28% Price Boost Is Out Of Tune With Earnings

Price target increased by 8.0% to ₹1,301

Torrent Power Limited Approves Board Changes

Torrent Power Limited to Report Q1, 2025 Results on Jul 30, 2024

Increases to CEO Compensation Might Be Put On Hold For Now at Torrent Power Limited (NSE:TORNTPOWER)

Full year 2024 earnings: EPS and revenues miss analyst expectations

Torrent Power Limited, Annual General Meeting, Jul 30, 2024

JSW, Torrent, Masdar Among Suitors for Enel's India Assets

Torrent Power (NSE:TORNTPOWER) Will Pay A Dividend Of ₹4.00

Final dividend of ₹4.00 announced

Price target increased by 12% to ₹1,119

Torrent Power Limited Just Missed Earnings - But Analysts Have Updated Their Models

Torrent Power Limited announced that it expects to receive INR 50 billion in funding

Full year 2024 earnings released: EPS: ₹38.14 (vs ₹44.06 in FY 2023)

Torrent Power Limited to Report Q4, 2024 Results on May 22, 2024

Torrent Power (NSE:TORNTPOWER) Might Have The Makings Of A Multi-Bagger

Now 23% overvalued after recent price rise

Torrent Power Limited (NSE:TORNTPOWER) Looks Just Right With A 27% Price Jump

Investor sentiment improves as stock rises 16%

Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)

Consensus EPS estimates fall by 11%

Price target increased by 7.5% to ₹891

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ₹10.00 per share at 1.1% yield

Torrent Power Limited Announces Board Changes

Investor sentiment improves as stock rises 16%

Torrent Power's (NSE:TORNTPOWER) Dividend Will Be ₹10.00

First half dividend of ₹10.00 announced

We Like These Underlying Return On Capital Trends At Torrent Power (NSE:TORNTPOWER)

Torrent Power Limited (NSE:TORNTPOWER) Looks Inexpensive But Perhaps Not Attractive Enough

Price target increased by 9.2% to ₹756

Torrent Power Limited (NSE:TORNTPOWER) Shares Could Be 26% Above Their Intrinsic Value Estimate

Investor sentiment improves as stock rises 18%

Price target increased by 7.1% to ₹693

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target increased by 7.2% to ₹650

Torrent Power Limited to Report Q2, 2024 Results on Nov 09, 2023

Torrent Power (NSE:TORNTPOWER) Shareholders Will Want The ROCE Trajectory To Continue

Price target increased by 7.8% to ₹607

Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet

Torrent Power Limited Approves Payment of Final Dividend for the Financial Year Ended March 31, 2023

Torrent Power Limited to Report Q1, 2024 Results on Aug 10, 2023

Torrent Power Limited Launches Public EV Charging Stations

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Torrent Power Limited, Annual General Meeting, Aug 10, 2023

Torrent Power Limited, Annual General Meeting, Aug 10, 2023

Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)

Upcoming dividend of ₹4.00 per share at 1.9% yield

Investor sentiment improves as stock rises 25%

Price target increased by 7.6% to ₹542

We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Torrent Power Limited Recommends Final Dividend, Payable on or Before September 08, 2023

Torrent Power Limited to Report Q4, 2023 Results on May 29, 2023

Now 20% undervalued

Reliance, Adani, Vedanta Reportedly Among Companies in Race for Bhadreshwar Vidyut

Now 22% undervalued

Torrent Power Limited's (NSE:TORNTPOWER) Intrinsic Value Is Potentially 33% Above Its Share Price

Now 21% undervalued

Torrent Power's (NSE:TORNTPOWER) Returns On Capital Are Heading Higher

Consensus EPS estimates increase by 19%

Torrent Power Limited Announces Interim Dividend for Fiscal Year 2022-2023, Payable on or After March 09, 2023

Third quarter 2023 earnings released: EPS: ₹14.24 (vs ₹7.66 in 3Q 2022)

Torrent Power Limited (NSEI:TORNTPOWER) signed binding term sheet to acquire Airpower Windfarms Private Limited from Powerica Limited and Vestas Wind Technology India Private Limited for INR 217.4 million.