Torrent Power Limited
TORNTPOWER.NS

$10.82 B
Marketcap
$22.51
Share price
Country
$0.39
Change (1 day)
$23.46
Year High
$8.24
Year Low

Torrent Power Limited, an integrated power utility, engages in the generation, transmission, and distribution of electricity in India. The company owns thermal and renewable power plants with a generation capacity of approximately 4,110 megawatts. It also 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. In addition, the company is involved in the manufacture and supply of power cables. It serves approximately 4 million customers in the states of Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Madhya Pradesh, and Karnataka, as well as operations in the union territory of Dadra and Nagar Haveli, and Daman and Diu with approximately 0.2 million customers covering 603 square kilometers. The company was incorporated in 2004 and is based in Ahmedabad, India. Torrent Power Limited is a subsidiary of Torrent Investments Private Limited.

marketcap

P/E ratio for Torrent Power Limited (TORNTPOWER.NS)

P/E ratio as of 2023: 37.30

According to Torrent Power Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.30. At the end of 2022 the company had a P/E ratio of 11.59.

P/E ratio history for Torrent Power Limited from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 37.30
2022 11.59
2021 52.07
2020 15.78
2019 11.42
2018 14.11
2017 11.94
2016 25.81
2015 12.88
2014 21.48
2013 42.19
2012 17.14
2011 7.61
2010 11.24
2009 16.32
2008 8.67
2007 25.20
2006 38.97