TORRENT POWER chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 296.79
Dividend & Yield20.00₹ (4.62%)
Beta 0.3
Market capitalization 213.61B
Operating cash flow 31.67B
ESG Scores unknown

Company description

Torrent Power Limited, an integrated power utility, engages in the generation, transmission, and distribution of electricity in the states of Gujarat, Maharashtra, Uttar Pradesh, and Karnataka in India. The company owns thermal and renewable power plants with a generating capacity of approximately 3,879 MW. It distributes electricity in the cities of Ahmedabad, Gandhinagar, Surat, and Dahej SEZ covering the total area of approximately 425 square kilometers, as well as Dholera SIR covering an area of 920 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. The company serves approximately 3.7 million customers. In addition, it is also involved in the manufacture and supply of power cables. The company was incorporated in 2004 and is based in Ahmedabad, India. Torrent Power Limited is a subsidiary of Torrent Investments Private Limited.

Sector: Utilities - Industry: Utilities—Independent Power Producers

Financial Ratios
Quick Ratio0.76
Working Capital-0.49
Return On Equity0.05
Debt To Equity0.71
Fixed Asset Ratio0.01
Fixed Interest Cover3.59

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 1.78B 2.09B -661.1M 1.97B
Total Cashflows From Investing Activities -18.28B -11.29B -9.1B -24.83B
Net Borrowings 4.18B -8.59B -11B 6.49B
Total Cash From Financing Activities -6.17B -25.06B -20.61B -5.02B
Change To Operating Activities -3.58B -223.8M -1.27B -1.55B
Issuance Of Stock
Net Income 8.99B 11.74B 12.91B 4.54B
Change In Cash -204.3M -249.1M 161.2M 1.82B
Effect Of Exchange Rate
Total Cash From Operating Activities 24.25B 36.1B 29.88B 31.67B
Depreciation 12.27B 13.14B 12.83B 13.34B
Change To Account Receivables -1.21B -1.15B -2.1B -1.2B
Other Cashflows From Financing Activities -7.94B -8.49B -6.97B -4.49B
Change To Netincome 7.67B 10.07B 6.58B 15.43B
Capital Expenditures -19.89B -13.57B -12.96B -18.09B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 12.64B 4.75B 15.52B 5.64B
Net Income 8.99B 11.74B 12.91B 4.54B
Selling General Administrative 5.11B 5.48B 5.54B 5.34B
Gross Profit 41.98B 49.87B 46.57B 51.8B
Ebit 19.91B 23.04B 22.08B 22.57B
Operating Income 19.91B 23.04B 22.08B 22.57B
Interest Expense -8.89B -9.28B -7.62B -6.28B
Income Tax Expense 3.6B -7.04B 2.56B 1.05B
Total Revenue 131.51B 136.41B 121.73B 142.58B
Cost Of Revenue 89.53B 86.54B 75.16B 90.77B
Total Other Income ExpenseNet -7.27B -18.29B -6.57B -16.93B
Net Income From Continuing Ops 9.04B 11.79B 12.96B 4.59B
Net Income Applicable To Common Shares 8.99B 11.74B 12.91B 4.54B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 155.46B 144.34B 133.18B 150.44B
Total Stockholder Equity 89.7B 91.54B 101.84B 99.43B
Other Current Liabilities 19.68B 21.87B 23.17B 30.32B
Total Assets 245.54B 236.23B 235.39B 250.23B
Common Stock 4.81B 4.81B 4.81B 4.81B
Other Current Assets 2.9B 5.05B 4.49B 24.4B
Retained Earnings 82.92B 84.15B 95.16B
Treasury Stock 1.98B 2.58B 1.87B 94.63B
Cash 1.16B 911.6M 1.07B 3.52B
Total Current Liabilities 41.87B 48.09B 48.1B 61.48B
Other Stockholder Equity 1.98B 2.58B 1.87B 94.63B
Property, Plant, and Equipment 183.56B 181.22B 181.45B 182.71B
Total Current Assets 45.85B 48.24B 46.44B 52.26B
Net Tangible Assets 89.53B 91.38B 101.66B 98.2B
Net Receivables 27.17B 28.27B 31.36B 16.23B
Accounts Payable 8.1B 10.38B 9.75B 11.11B


Insider Transactions

Here are the insider transactions of stock shares related to TORRENT POWER:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bhatt (Markand)D2013-03-13Wholetime Director1.29k
Bhatt (Markand)D2013-03-12Wholetime Director1k
Bhatt (Markand)D2013-03-11Wholetime Director1k
Bhatt (Markand)D2013-03-08Wholetime Director100
Mehta (Jinal Sudhir)D2013-02-26Director (Non-Executive)8k
Bhatt (Markand)D2013-02-26Wholetime Director2k
Bhatt (Markand)D2013-02-18Wholetime Director1k
Bhatt (Markand)D2013-02-15Wholetime Director2k
Bhatt (Markand)D2013-02-15Wholetime Director1.61k
Torrent Pvt. Ltd.D2012-09-04Promoter2.99M
Torrent Pvt. Ltd.D2012-02-14Promoter531
Torrent Pvt. Ltd.D2012-02-13Promoter3.77k
Torrent Pvt. Ltd.D2012-02-09Promoter7.03k
Torrent Pvt. Ltd.D2011-12-30Promoter5.81k
Torrent Pvt. Ltd.D2011-12-28Promoter2.72k
Torrent Pvt. Ltd.D2011-12-27Promoter3.48k
Torrent Pvt. Ltd.D2011-12-22Promoter4.95k
Torrent Pvt. Ltd.D2011-12-21Promoter5.92k
Torrent Pvt. Ltd.D2011-12-20Promoter17.9k
Torrent Pvt. Ltd.D2011-12-19Promoter8.25k
Torrent Pvt. Ltd.D2011-12-16Promoter6.68k
Torrent Pvt. Ltd.D2011-12-15Promoter54.07k
Torrent Pvt. Ltd.D2011-12-15Promoter44.43k
Torrent Pvt. Ltd.D2011-12-14Promoter10.37k
Torrent Pvt. Ltd.D2011-12-13Promoter11.03k
Torrent Pvt. Ltd.D2011-12-12Promoter23.03k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TORRENT POWER. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TORRENT POWER

Here is the result of two systematic investment strategies applied to TORRENT POWER. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TORRENT POWER

The following chart shows the equity curve of the two systematic investment strategies applied to TORRENT POWER:

TORRENT POWER automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 25.12% on the backtest period.

Performance at glance

Performance

25.12 %

Latent gain

862.5 ₹

Invested capital

3434.0 ₹

Annualized return

5.95 %
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Momentum strategy results on TORRENT POWER

This is the result of two momentum investment strategies applied to TORRENT POWER. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TORRENT POWER

The following chart shows all the entries opened by the momentum investment system on TORRENT POWER:

TORRENT POWER momentum entries
  • The first momentum investment strategy would give 21.99% of return on TORRENT POWER. That represents 1626.45₹ of latent gain with 7396.2₹ of employed capital.
  • The second momentum investment strategy would give 37.89% of return on TORRENT POWER. That represents 2125.25₹ of latent gain with 5608.45₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

21.99 %

Latent gain

1626.45 ₹

Invested capital

7396.2 ₹

Annualized return

8.68 %
Performance at glance (2Q Momentum)

Performance

37.89 %

Latent gain

2125.25 ₹

Invested capital

5608.45 ₹

Annualized return

10.13 %

Momentum equity curve on TORRENT POWER

The following chart shows the equity curve of the two momentum strategies applied to TORRENT POWER:

TORRENT POWER momentum equity

Note: the dividends potentially given by TORRENT POWER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TORRENT POWER

The following chart shows the employed capital evolution of the two momentum strategies on TORRENT POWER since the beginning:

TORRENT POWER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on TORRENT POWER

Buy the dip entry openings on TORRENT POWER

TORRENT POWER

The performance achieved by the robo-advisor on TORRENT POWER is 19.27%. That represents 277.65$ of latent gain with 1440.95₹ of employed capital. The following chart shows TORRENT POWER stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TORRENT POWER, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

19.27 %

Latent gain

277.65 ₹

Invested capital

1440.95 ₹

Annualized return

8.68 %

Equity curve of the strategy applied to TORRENT POWER

The following chart shows the result of the investment strategy applied to TORRENT POWER:

TORRENT POWER

Note: the dividends potentially given by TORRENT POWER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TORRENT POWER

The following chart shows the employed capital evolution since the beginning of the investment strategy on TORRENT POWER:

TORRENT POWER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TORRENT POWER

In this section, I will compare the three previous investment strategies applied to TORRENT POWER.

Equity curve comparison on TORRENT POWER

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TORRENT POWER investment strategy comparison

Employed capital comparison on TORRENT POWER

TORRENT POWER investment comparison

Performance comparison on TORRENT POWER

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 25.12% 862.5₹ 3434.0₹ 5.95%
Momentum 1 quarter 21.99% 1626.45₹ 7396.2₹ 5.53%
Momentum 2 quarters 37.89% 2125.25₹ 5608.45₹ 10.13%
Non-directional 19.27% 277.65₹ 1440.95₹ 8.68%
Annualized return comparison

Automatic investment

5.95 %

Momentum 1Q

10.13 %

Momentum 2Q

10.13 %

Non-directional

8.68 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TORRENT POWER:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TORRENT POWER and the other stocks. There may be false positives or some missing correlated stocks. If the price of TORRENT POWER does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TORRENT POWER
Country India
City Ahmedabad
Address Samanvay
Phone 91 79 2662 8300
Website www.torrentpower.com
FullTime employees
Industry Utilities—Independent Power Producers
Sector Utilities
Exchange XNSE
Ticker TORNTPOWER.XNSE
Market

TORRENT POWER ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown