Torrent Power Limited

NSEI:TORNTPOWER Stock Report

Market Cap: ₹725.8b

Torrent Power Management

Management criteria checks 2/4

Torrent Power's CEO is Jinal Mehta, appointed in Apr 2018, has a tenure of 6.25 years. total yearly compensation is ₹196.00M, comprised of 79.6% salary and 20.4% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth ₹12.05M. The average tenure of the management team and the board of directors is 3.2 years and 2.5 years respectively.

Key information

Jinal Mehta

Chief executive officer

₹196.0m

Total compensation

CEO salary percentage79.6%
CEO tenure6.3yrs
CEO ownership0.002%
Management average tenure3.2yrs
Board average tenure2.5yrs

Recent management 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)

CEO Compensation Analysis

How has Jinal Mehta's remuneration changed compared to Torrent Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024₹196m₹156m

₹18b

Dec 31 2023n/an/a

₹19b

Sep 30 2023n/an/a

₹22b

Jun 30 2023n/an/a

₹21b

Mar 31 2023₹186m₹136m

₹21b

Dec 31 2022n/an/a

₹12b

Sep 30 2022n/an/a

₹9b

Jun 30 2022n/an/a

₹7b

Mar 31 2022₹146m₹121m

₹5b

Dec 31 2021n/an/a

₹13b

Sep 30 2021n/an/a

₹13b

Jun 30 2021n/an/a

₹11b

Mar 31 2021₹130m₹105m

₹13b

Dec 31 2020n/an/a

₹6b

Sep 30 2020n/an/a

₹7b

Jun 30 2020n/an/a

₹13b

Mar 31 2020₹112m₹87m

₹12b

Dec 31 2019n/an/a

₹15b

Sep 30 2019n/an/a

₹13b

Jun 30 2019n/an/a

₹9b

Mar 31 2019n/an/a

₹9b

Dec 31 2018n/an/a

₹11b

Sep 30 2018n/an/a

₹11b

Jun 30 2018n/an/a

₹10b

Mar 31 2018₹76m₹51m

₹9b

Compensation vs Market: Jinal's total compensation ($USD2.35M) is above average for companies of similar size in the Indian market ($USD736.13K).

Compensation vs Earnings: Jinal's compensation has been consistent with company performance over the past year.


CEO

Jinal Mehta (41 yo)

6.3yrs

Tenure

₹196,000,000

Compensation

Mr. Jinal Mehta is Non-Executive Director of Torrent Pharmaceuticals Limited from June 2024. He is MD & Vice Chairman of Torrent Power Limited from June 01, 2024. He joined the Torrent Power Limited on Oct...


Leadership Team

NamePositionTenureCompensationOwnership
Jinal Mehta
MD & Vice Chairman6.3yrs₹196.00m0.0017%
₹ 12.0m
Saurabh Mashruwala
Chief Financial Officer1.3yrs₹6.04mno data
Rahul Shah
Company Secretary & Compliance Officer5.2yrs₹4.91mno data
Jigish Mehta
Whole-Time Directorless than a yearno datano data
Rishi Shah
Assistant General Managerno datano datano data

3.2yrs

Average Tenure

48.5yo

Average Age

Experienced Management: TORNTPOWER's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jinal Mehta
MD & Vice Chairman12.8yrs₹196.00m0.0017%
₹ 12.0m
Jigish Mehta
Whole-Time Directorless than a yearno datano data
Samir Mehta
Chairman6.3yrs₹130.00m0.0013%
₹ 9.2m
Ketan Dalal
Non-Executive Independent Director2.2yrs₹8.10mno data
Usha Sangwan
Independent Director3.2yrs₹7.30mno data
Apurva Diwanji
Independent Directorless than a yearno datano data
Radhika Haribhakti
Additional Non-Executive Independent Director2.9yrs₹8.30mno data
Sunil Mathur
Independent Directorless than a yearno datano data
Varun Mehta
Non-Executive Director1.9yrs₹48.00mno data
Mamta Verma
Additional Non-Executive Director2.9yrs₹800.00kno data

2.5yrs

Average Tenure

57.5yo

Average Age

Experienced Board: TORNTPOWER's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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