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Balance sheet of Torrent Power is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Torrent Power is increasing.
Latest debt of Torrent Power is ₹11,063 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹10,750 Crs.
The profit is oscillating.
The profit of Torrent Power is ₹2,428 Crs for TTM, ₹1,833 Crs for Mar 2024 and ₹2,117 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Torrent Power latest dividend payout ratio is 41.95% and 3yr average dividend payout ratio is 65.41%
Companies resources are allocated to majorly productive assets like Plant & Machinery