Torrent Power Limited

NSEI:TORNTPOWER Stock Report

Market Cap: ₹741.4b

Torrent Power Balance Sheet Health

Financial Health criteria checks 4/6

Torrent Power has a total shareholder equity of ₹126.0B and total debt of ₹115.9B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are ₹333.9B and ₹207.9B respectively. Torrent Power's EBIT is ₹33.1B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹12.9B.

Key information

92.0%

Debt to equity ratio

₹115.85b

Debt

Interest coverage ratio3.8x
Cash₹12.89b
Equity₹125.98b
Total liabilities₹207.95b
Total assets₹333.92b

Recent financial health updates

Recent updates

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

Jun 04
Torrent Power (NSE:TORNTPOWER) Will Pay A Dividend Of ₹4.00

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

May 25
Torrent Power Limited Just Missed Earnings - But Analysts Have Updated Their Models

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

May 09
Torrent Power (NSE:TORNTPOWER) Might Have The Makings Of A Multi-Bagger

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

Mar 28
Torrent Power Limited (NSE:TORNTPOWER) Looks Just Right With A 27% Price Jump

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

Mar 19
Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)

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

Feb 04
Torrent Power's (NSE:TORNTPOWER) Dividend Will Be ₹10.00

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

Jan 30
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

Jan 09
Torrent Power Limited (NSE:TORNTPOWER) Looks Inexpensive But Perhaps Not Attractive Enough

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

Dec 02
Torrent Power Limited (NSE:TORNTPOWER) Shares Could Be 26% Above Their Intrinsic Value Estimate

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

Oct 20
Torrent Power (NSE:TORNTPOWER) Shareholders Will Want The ROCE Trajectory To Continue

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

Sep 23
Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet

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

Jul 03
Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)

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

May 31
We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt

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

Mar 27
Torrent Power Limited's (NSE:TORNTPOWER) Intrinsic Value Is Potentially 33% Above Its Share Price

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

Mar 12
Torrent Power's (NSE:TORNTPOWER) Returns On Capital Are Heading Higher

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

Jan 19
Torrent Power (NSE:TORNTPOWER) Seems To Use Debt Quite Sensibly

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

Dec 10
Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)

Financial Position Analysis

Short Term Liabilities: TORNTPOWER's short term assets (₹85.1B) exceed its short term liabilities (₹78.1B).

Long Term Liabilities: TORNTPOWER's short term assets (₹85.1B) do not cover its long term liabilities (₹129.8B).


Debt to Equity History and Analysis

Debt Level: TORNTPOWER's net debt to equity ratio (81.7%) is considered high.

Reducing Debt: TORNTPOWER's debt to equity ratio has reduced from 108.1% to 92% over the past 5 years.

Debt Coverage: TORNTPOWER's debt is well covered by operating cash flow (36.8%).

Interest Coverage: TORNTPOWER's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


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