Torrent Power Limited

NSE TORNTPOWER.NS

Torrent Power Limited Return on Capital Employed (ROCE) for the year ending March 31, 2024: 13.31%

Torrent Power Limited Return on Capital Employed (ROCE) is 13.31% for the year ending March 31, 2024, a -19.10% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.
  • Torrent Power Limited Return on Capital Employed (ROCE) for the year ending March 31, 2023 was 16.45%, a 160.42% change year over year.
  • Torrent Power Limited Return on Capital Employed (ROCE) for the year ending March 31, 2022 was 6.32%, a -49.10% change year over year.
  • Torrent Power Limited Return on Capital Employed (ROCE) for the year ending March 31, 2021 was 12.41%, a 74.00% change year over year.
  • Torrent Power Limited Return on Capital Employed (ROCE) for the year ending March 31, 2020 was 7.13%, a -23.44% change year over year.
Key data
Date Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio Return on Common Equity
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SV Wall Street
NSE: TORNTPOWER.NS

Torrent Power Limited

CEO Mr. Jinal Sudhirbhai Mehta
IPO Date Nov. 28, 2006
Location India
Headquarters Samanvay
Employees 8,145
Sector Utilities
Industries
Description

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.

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StockViz Staff

February 3, 2025

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