1. Is Torrent Power Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Torrent Power Ltd is a average quality company.
2. Is Torrent Power Ltd undervalued or overvalued?
The key valuation ratios of Torrent Power Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Torrent Power Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Torrent Power Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||17%||6.6%||5%||9.9%||12.4%||7.7%||9.3%||8.7%||10.6%||10.6%||-|
|Value Creation Index ⓘ||0.3||-0.5||-0.7||-0.3||-0.1||-0.4||-0.3||-0.4||-0.2||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||2.7%||5.5%||19.5%||13.5%||-14.7%||15.3%||13.5%||3.6%||-12.4%||-|
|Adj EPS ⓘ||26.5||8.3||2.3||15.5||19.1||9||19.3||18.7||26||27.9||8.5|
|YoY Gr. Rt. %||-||-68.7%||-72.9%||589.8%||22.7%||-52.7%||114.2%||-3.3%||39.4%||7%||-|
|BVPS (₹) ⓘ||121.7||128.9||130.7||146.2||134.4||139.9||160.1||185.9||191.2||213.3||207.4|
|Adj Net Profit ⓘ||1,251||392||106||733||916||434||929||898||1,251||1,340||409|
|Cash Flow from Ops. ⓘ||1,531||1,513||1,272||1,640||2,502||2,312||2,803||2,334||3,469||2,670||-|
|Debt/CF from Ops. ⓘ||2.4||3.3||4.8||3.4||3.4||3.8||3.3||3.9||2.4||2.7||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||0.6%||7.9%||13%||7%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||23.7||6.6||1.7||11.2||13.7||6.5||12.7||10.8||13.8||13.8||4.1|
|Op. Profit Mgn % ⓘ||28.7||16.1||14.4||20.1||26.2||24.7||27.3||23.6||25.6||27.7||24.3|
|Net Profit Mgn % ⓘ||15.8||4.8||1.2||7.2||7.9||4.4||8.1||6.9||9.3||11.4||3|
|Debt to Equity ⓘ||0.6||0.8||1||0.8||1.3||1.3||1.2||1||0.9||0.7||0.6|
|Working Cap Days ⓘ||64||69||69||73||82||99||98||121||139||165||139|
|Cash Conv. Cycle ⓘ||-5||10||14||12||14||19||19||23||18||15||0|
Net Profit is growing at healthy rate in last 3 years 12.99%
Debt to equity has declined versus last 3 years average to 0.70
Sales growth is good in last 4 quarters at 16.48%
Return on Equity has declined versus last 3 years average to 4.10%
Sales growth has been subdued in last 3 years 0.97%
|TTM EPS (₹)||8.5||9.5|
|TTM Sales (₹ Cr.)||13,716||14,258|
|BVPS (₹.) ⓘ||207.4||206.9|
|Reserves (₹ Cr.) ⓘ||9,485||9,463|
|From the Market|
|52 Week Low / High (₹)||416.00 / 606.05|
|All Time Low / High (₹)||50.00 / 606.05|
|Market Cap (₹ Cr.)||22,027|
|Equity (₹ Cr.)||480.6|
|Face Value (₹)||10|
|Industry PE ⓘ||10.6|
Torrent Power is one of the leading brands in the Indian power sector, promoted by Torrent Group - committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India having interests in power generation, transmission, distribution and manufacturing and supply of power cables.
Torrent Power foresaw the prospects in the power sector much before the liberalization, when it took-over and successfully turned around an ailing power cable company Mahendra Electricals, renaming it as ‘Torrent Cables Ltd.’ (now merged with Torrent Power Limited w.e.f. 1st April, 2014). The high points of Torrent’s foray into power however were the acquisitions of two of the India’s oldest utilities - The Surat Electricity Company Ltd and The Ahmedabad Electricity Company Ltd. Torrent turned them into first rate power utilities, in terms of operational efficiencies and reliability of power supply.
Torrent ranks amongst the best run power utilities in the country with highly efficient generation assets. The Company offers highly personalized and innovative customer services that incorporate various convenience features. Torrent Power created history by entering into the country’s first distribution franchisee agreement with Maharashtra State Electricity Distribution Company Limited for Bhiwandi Circle in December 2006.
Business area of the company
Torrent Power has presence in power generation, transmission, distribution and manufacturing and supply of power cables. Its highly efficient generation assets and equally reliable distribution network are amongst the best in the country. Through continuous technology upgradation and customer care initiatives, Torrent Power continues to deliver enhanced value. For the customers in its license areas, disruption in life due to power failures or outages is a rare phenomenon, thanks to its outstanding operational efficiency.