Torrent Power Profile
Key Indicators
- Authorised Capital ₹ 4,370.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 480.62 Cr
as on 16-11-2024
- Company Age 20 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23,279.23 Cr
as on 16-11-2024
- Satisfied Charges ₹ 27,738.06 Cr
as on 16-11-2024
- Revenue 37.53%
(FY 2023)
- Profit 413.47%
(FY 2023)
- Ebitda 26.70%
(FY 2023)
- Net Worth 10.57%
(FY 2023)
- Total Assets 10.10%
(FY 2023)
About Torrent Power
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 480.62 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.
- 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
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samir Mehta  | Managing Director | 29-Apr-2004 | Current |
| Jinal Mehta | Managing Director | 19-Oct-2011 | Current |
| Saurabh Mashruwala | CFO | 14-Apr-2023 | Current |
| Rahul Shah | Company Secretary | 16-May-2019 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Usha Sangwan | Director | 21-May-2021 | Current |
| Ketan Dalal | Director | 11-May-2022 | Current |
| Apurva Diwanji | Director | 06-Mar-2024 | Current |
| Sunil Mathur | Director | 21-Jun-2024 | Current |
| Radhika Haribhakti | Director | 07-Aug-2021 | Current |
| Varun Mehta | Director | 08-Aug-2022 | Current |
Financial Performance and Corporate Structure Insights of Torrent Power.
Torrent Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.53% increase. The company also saw a substantial improvement in profitability, with a 413.47% increase in profit. The company's net worth Soared by an impressive increase of 10.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Torrent Power?
In 2023, Torrent Power had a promoter holding of 53.56% and a public holding of 46.43%. The company had 17 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sunshakti Solar Power Projects Private LimitedActive 9 years 4 monthsJigish Mehta is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Trusteeship Services Limited Creation Date: 27 Feb 2024 | ₹700.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 17 Jan 2024 | ₹750.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 17 Oct 2023 | ₹1,700.00 Cr | Open |
How Many Employees Work at Torrent Power?
Torrent Power has a workforce of 372 employees as of Apr 07, 2024. 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.
Deals i
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
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
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.
