Torrent Power Ltd
Torrent Power Q1 FY27 earnings call: Revenue & Margins
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
2 of 4 strong
The short version
Future growth expectations for Torrent Power Limited based on the Q1 FY27 earnings call: - Distribution volume growth: Ahmedabad saw ~10% YoY volume growth; Surat and Dahej industrial areas expected to have moderate growth aligned with industrial activity. Renewable segment growth: Expected commissioning of 1-1.2 GW renewable capacity in FY27, followed by 1.4-1.6 GW in FY28 supporting EBITDA growth.
From Torrent Power Ltd's Q1 FY27 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
2 more points management made on revenue & sales performance
Profitability & Margins
See what Torrent Power Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Total capex planned for FY27 is approximately INR 10,000 crores for all renewable energy (RE) projects.
- INR 1,550 crores capex was incurred in Q1 FY27 on RE projects.
- Total capex of about INR 2,300 crores in Q1 includes:
- INR 1,550 crores for renewables,
- INR 125 crores for thermal projects,
- INR 120 crores for transmission,
- INR 500 crores for distribution.
- INR 8,800 crores cumulative capex incurred on RE projects under implementation up to June 30, 2026, out of total INR 29,600 crores planned.
- Anuppur Thermal Project (1.6 GW) has incurred INR 450 crores capex; expected commissioning in 6-7 years.
- Pumped Storage Hydro Project (3 GW) in Maharashtra has incurred INR 1,130 crores capex; expected commissioning in 3-4 years.
2 more points management made on capital expenditure plans
Top-ranked in Power
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Torrent Power Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of June 30, 2026, Torrent Power has a Renewable Energy (RE) project orderbook/pipeline with a total capex of INR29,600 crores under implementation.
- Of this, cumulative capex of INR8,800 crores has been incurred up to June 30, 2026.
- For FY27, an expected total capex of ~INR10,000 crores is planned for all RE projects.
- Key projects in the pipeline include:
- Anuppur Thermal Project (1.6 GW) with power sale agreement, LOA for BTG and BoP, environmental clearance; commissioning expected in 6-7 years; INR450 crores capex incurred.
- Pumped Storage Hydro Project (3 GW) in Maharashtra with energy storage agreement, LOA for civil and electro-mechanical packages, environmental and forest clearance; commissioning expected in 3-4 years; INR1,130 crores capex incurred.
2 more points management made on order book & pipeline
Torrent Power Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹6.4K Cr, net profit ₹331 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Torrent Power Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Torrent Power Ltd Q1 FY27 results?
Future growth expectations for Torrent Power Limited based on the Q1 FY27 earnings call: - Distribution volume growth: Ahmedabad saw ~10% YoY volume growth; Surat and Dahej industrial areas expected to have moderate growth aligned with industrial activity. Renewable segment growth: Expected commissioning of 1-1.2 GW renewable capacity in FY27, followed by 1.4-1.6 GW in FY28 supporting EBITDA growth.
What is Torrent Power Ltd share price analysis?
Torrent Power Ltd currently shows a below-average growth signal. The stock trades at a P/E of 27.3 with a market cap of ₹63,431 Cr. Investors should review the full earnings analysis for detailed insights.
Is Torrent Power Ltd planning capital expenditure?
Total capex planned for FY27 is approximately INR 10,000 crores for all renewable energy (RE) projects.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.