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TORNTPOWER - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.9

Stock Code TORNTPOWER Market Cap 73,137 Cr. Current Price 1,451 ₹ High / Low 1,640 ₹
Stock P/E 22.6 Book Value 370 ₹ Dividend Yield 1.31 % ROCE 16.9 %
ROE 18.7 % Face Value 10.0 ₹ DMA 50 1,434 ₹ DMA 200 1,381 ₹
Chg in FII Hold -0.50 % Chg in DII Hold 0.58 % PAT Qtr 712 Cr. PAT Prev Qtr 746 Cr.
RSI 48.6 MACD 3.78 Volume 3,18,831 Avg Vol 1Wk 5,61,205
Low price 1,188 ₹ High price 1,640 ₹ PEG Ratio 0.42 Debt to equity 0.38
52w Index 58.1 % Qtr Profit Var 93.2 % EPS 64.2 ₹ Industry PE 24.6

📊 Financials

  • Revenue Growth: Stable, PAT at 712 Cr vs 746 Cr previous quarter
  • Profit Margins: EPS at 64.2 ₹, showing strong profitability
  • Debt Ratios: Debt-to-equity at 0.38, moderate leverage
  • Cash Flows: Healthy, supported by consistent profits
  • Return Metrics: ROCE 16.9% and ROE 18.7% indicate solid efficiency

💹 Valuation

  • P/E Ratio: 22.6, slightly lower than industry average (24.6), suggesting fair valuation
  • P/B Ratio: ~3.9 (Current Price / Book Value), moderate
  • PEG Ratio: 0.42, indicating undervaluation relative to growth
  • Intrinsic Value: Fairly valued with potential upside

🏢 Business Model & Health

  • Business Model: Power generation and distribution, diversified across renewable and conventional energy
  • Competitive Advantage: Strong presence in Gujarat and expanding footprint in renewables
  • Overall Health: Financially sound with growth visibility, moderate leverage manageable

🎯 Entry Zone Recommendation

  • Entry Zone: Attractive near 1,400–1,450 ₹ levels (close to DMA 50)
  • Long-Term Holding: Suitable for growth investors; dividend yield (1.31%) adds stability


✅ Positive

  • Strong EPS of 64.2 ₹ reflects profitability
  • ROE at 18.7% shows strong shareholder returns
  • DII holdings increased (+0.58%), showing domestic institutional support

⚠️ Limitation

  • Quarterly PAT slightly declined (712 Cr vs 746 Cr)
  • Debt-to-equity ratio at 0.38, moderate but worth monitoring
  • Stock trading close to resistance levels (near 1,640 ₹ high)

📉 Company Negative News

  • FII holdings decreased (-0.50%), showing reduced foreign investor confidence
  • Technical indicators (RSI 48.6, MACD 3.78) suggest neutral momentum

📈 Company Positive News

  • DII holdings increased (+0.58%), showing domestic support
  • Quarterly profit variation (93.2%) indicates strong year-on-year growth

🏭 Industry

  • Power sector industry P/E: 24.6, slightly higher than TORNTPOWER’s valuation
  • Sector demand driven by renewable energy expansion and infrastructure growth

🔎 Conclusion

  • TORNTPOWER is financially strong with consistent profitability and manageable debt
  • Valuation is fair compared to industry peers, with PEG suggesting growth potential
  • Entry near 1,400–1,450 ₹ offers value; suitable for long-term investors focused on power and renewable energy growth

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