- Torrent Power‘s net income for the third quarter stands at 4.76 billion rupees, exceeding analysts’ expectations.
- The net income reflects a significant year-over-year increase of 32%.
- The estimated net income was 4.15 billion rupees.
- Reported revenue is 64.99 billion rupees, marking a 2% increase from the previous year.
- The revenue surpassed the market estimate of 62.98 billion rupees.
- Total costs for the company amounted to 60.41 billion rupees, representing a 2.2% rise year-over-year.
- The company announced a dividend payout of 14 rupees per share.
- Analyst ratings reveal 5 buy recommendations, 1 hold, and 4 sell recommendations.
A look at Torrent Power Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assessed Torrent Power Limited’s long-term outlook using the Smart Scores system. Torrent Power, a company engaged in power generation, transmission, and distribution in India, has received a mixed evaluation across different factors. With a Value score of 3, the company is deemed to have a moderate valuation compared to its peers. Torrent Power fares better in terms of Dividend and Growth, scoring 4 out of 5 on both. This indicates that the company has been consistent in paying dividends and shows promising growth potential in the future. However, the Resilience score of 2 suggests that Torrent Power may face some vulnerabilities or challenges in the foreseeable future. Lastly, with a Momentum score of 3, the company demonstrates a moderate level of market momentum.
Despite facing some resilience challenges, Torrent Power shows strength in dividend payments and growth prospects, according to Smartkarma’s Smart Scores analysis. Investors interested in the energy sector may find Torrent Power‘s dividend track record and growth potential appealing. However, it’s essential to consider the company’s valuation and resilience factors before making any investment decisions. Overall, Torrent Power‘s Smart Scores paint a mixed picture of the company’s long-term outlook, highlighting both strengths and areas for potential improvement as it navigates the evolving energy landscape in India.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
