Torrent Power Limited

Power generation, transmission, and distribution with a focus on renewable energy sources.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated: February 14, 2025

Torrent Power Profile

Key Indicators

  • Authorised Capital ₹ 4,370.00 Cr
  • Paid Up Capital ₹ 503.90 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23,279.23 Cr
  • Satisfied Charges ₹ 27,738.06 Cr
  • Revenue Growth 6.10%
  • Profit Growth -14.53%
  • Ebitda -8.58%
  • Net Worth 9.25%
  • Total Assets 12.33%

About Torrent Power

Torrent Power Limited (TPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 April 2004 and has a history of 20 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532779 and on the National Stock Exchange(NSE) under TORNTPOWER.

The Corporate was formerly known as Torrent Power Trading Private Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4,370.00 Cr and a paid-up capital of Rs 503.90 Cr.

The company currently has active open charges totaling ₹23,279.23 Cr. The company has closed loans amounting to ₹27,738.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Torrent Power Limited India are Saurabh Mashruwala as CFO and Rahul Shah as Company Secretary. Ketan Dalal, Apurva Diwanji, Samir Mehta, and Six other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    torrentpower.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L31200GJ2004PLC044068

  • Company No.

    044068

  • Stock Symbol

    BSE : 532779 NSE : TORNTPOWER

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 2004

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Energy and Power

What products or services does Torrent Power Limited offer?

Torrent Power Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Work, Gas Plants, Generators, Turbines & Power Plants, Power Plants & Spare Parts, Industrial Automation Systems, SCADA System, Oxygen & Nitrogen Gas Plants.

Who are the key members and board of directors at Torrent Power?

Executive Team (4)

NameDesignationAppointment DateStatus
Samir Mehta Country flag representing In Managing Director29-Apr-2004Current
Jinal Mehta Country flag representing In Managing Director19-Oct-2011Current
Saurabh Mashruwala CFO29-May-2023Current
Rahul Shah Country flag representing In Company Secretary16-May-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Usha Sangwan Country flag representing In Director 21-May-2021Current
Ketan Dalal Country flag representing In Director 11-May-2022Current
Apurva Diwanji Country flag representing In Director 09-Feb-2024Current
Sunil Mathur Country flag representing In Director 23-May-2024Current
Radhika Haribhakti Country flag representing In Director 07-Aug-2021Current
Varun Mehta Country flag representing In Director 01-Jun-2024Current

Financial Performance of Torrent Power.

Torrent Power Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 6.1% increase. The company also saw a substantial fall in profitability, with a 14.53% decrease in profit. The company's net worth moved up by a moderate rise of 9.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.10%
Revenue from Operations
5.95%
Total Assets
12.33%
Profit or Loss
-14.53%
Net Worth
9.25%
EBITDA
-8.58%

What is the Ownership and Shareholding Structure of Torrent Power?

In 2024, Torrent Power had a promoter holding of 53.56% and a public holding of 46.45%. The company had 35 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23,279.23 Cr

Satisfied Charges

₹27,738.06 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 23279.00 Cr
  • State Bank Of India : 0.19 Cr
  • Others : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2024Idbi Trusteeship Services Limited₹700.00 CrOpen
17 Jan 2024Idbi Trusteeship Services Limited₹750.00 CrOpen
17 Oct 2023Idbi Trusteeship Services Limited₹1,700.00 CrOpen
06 Jun 2023Idbi Trusteeship Services Limited₹600.00 CrOpen
01 May 2023Idbi Trusteeship Services Limited₹350.00 CrOpen

How Many Employees Work at Torrent Power?

Torrent Power has a workforce of 402 employees as of Feb 14, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torrent Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Torrent Power's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Torrent Power

Recent activity within the organization

  • Annual General Meeting

    Torrent Power Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

    30 Jul 2024

  • Director Appointment

    Varun Sudhir Mehta was appointed as a Director was appointed as a Director on 01 Jun 2024 & has been associated with this company since 8 months 21 days .

    01 Jun 2024

  • Director Appointment

    Jigish Bhogilal Mehta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2024 & has been associated with this company since 8 months 21 days .

    01 Jun 2024

  • Director Appointment

    Sunil Dass Mathur was appointed as a Director was appointed as a Director on 23 May 2024 & has been associated with this company since 9 months .

    23 May 2024

  • Balance Sheet

    Torrent Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 700.00 Cr with Charge ID 100912318 was registered on 27 Feb 2024.

    27 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Torrent Power Limited was incorporated on 29 Apr 2004.

  • The authorized share capital of Torrent Power Limited is ₹ 4,370.00 Cr and paid-up capital is ₹ 503.90 Cr.

  • Currently 11 directors are associated with Torrent Power Limited.

    • Ketan Arvind Dalal
    • Apurva Shishir Diwanji
    • Samir Uttamlal Mehta
    • Sunil Dass Mathur
    • Radhika Vijay Haribhakti
    • Usha Sangwan
    • Jinal Sudhirbhai Mehta
    • Varun Sudhir Mehta
    • Jigish Bhogilal Mehta
    • Saurabh Rameshchandra Mashruwala
    • Rahul Chaitanyabhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torrent Power Limited is ''Samanvay'' 600 Tapovan, Ambawadi India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Torrent Power Limited is L31200GJ2004PLC044068 and the company number is 044068 as per Ministry of Corporate Affairs (MCA).

  • Yes, Torrent Power Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TORNTPOWER.

  • The Official website of Torrent Power Limited is https://www.torrentpower.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Torrent Power Limited has risen by 6.10%.

  • As Per 2024 financial reports, 402 employees are currently employed by Torrent Power Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Torrent Power Limited has experienced an upsurge of 9.25%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Torrent Power Limited amount to ₹ 23,279.23 Cr.

  • The most recent Balance Sheet for Torrent Power Limited was filed with the ROC on 31 Mar 2024.

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