Torrent Power (NSE:TORNTPOWER) EBIT: ₹42,512 Mil (TTM As of Mar. 2026)


NSE:TORNTPOWER Torrent Power Ltd NSE:TORNTPOWER
88 GF Score
Price ₹1,413.70
GF Value ₹1,400.54
Valuation Fairly Valued
! 5 Warning Signs
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What is Torrent Power EBIT?

Torrent Power NSE:TORNTPOWER -2.11% 88 EBIT is ₹42,512 Mil as of Mar. 2026. GuruFocus rates NSE:TORNTPOWER with a GF Score™ of 88/100 and a GF Value™ of ₹1,400.54 (Fairly Valued). The stock has 5 warning signs investors should review.

Torrent Power's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹7,992 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹42,512 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Torrent Power's annualized ROC % for the quarter that ended in Mar. 2026 was 4.03%. Torrent Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Torrent Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.32%.

Torrent Power  (NSE:TORNTPOWER) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Torrent Power's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=29133.6 * ( 1 - 39.44% )/( (0 + 437516.2)/ 1 )
=17643.30816/437516.2
=4.03 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=451932.8 - 19153.3 - ( 58552.4 - max(0, 97130.9 - 92394.2+58552.4))
=437516.2

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Torrent Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=31968.8/( ( (0 + max(0, 0)) + (317477.1 + max(-44496, 0)) )/ 1 )
=31968.8/( ( 0 + 317477.1 )/ 1 )
=31968.8/317477.1
=10.07 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23297.6 + 5071.8 + 5472.4) - (19153.3 + 0 + 59184.5)
=-44496

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Torrent Power's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=42512.4/799200.764
=5.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Torrent Power EBIT Related Terms

Torrent Power EBIT Historical Data

* Premium members only.

The historical data trend for Torrent Power's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Torrent Power EBIT Chart

Torrent Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,778.90 38,445.60 35,002.40 42,974.50 42,512.40

Torrent Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,557.10 11,974.60 11,949.20 10,596.40 7,992.20

NSE:TORNTPOWER vs CEG, VST, NRG: EBIT Comparison

For the Utilities - Independent Power Producers subindustry, Torrent Power's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Torrent Power EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Torrent Power's EV-to-EBIT falls into.


NSE:TORNTPOWER
88GF Score
Torrent Power Ltd NSE:TORNTPOWER
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Torrent Power EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹42,512 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹42,512 Mil mean?
Torrent Power (NSE:TORNTPOWER) has a EBIT of ₹42,512 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Torrent Power.
Is Torrent Power's EBIT too high?
Torrent Power's current EBIT is ₹42,512 Mil. Overall, Torrent Power has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Torrent Power's EBIT compare to CEG and VST?
Torrent Power's EBIT of ₹42,512 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Torrent Power. Torrent Power's current EBIT is ₹42,512 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torrent Power stock overvalued right now?
Based on GuruFocus' analysis, Torrent Power (NSE:TORNTPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,400.54, compared to a current price of ₹1,413.70 — trading 0.9% above its estimated fair value. The current EBIT is ₹42,512 Mil. Torrent Power's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Torrent Power (NSE:TORNTPOWER), the current EBIT is ₹42,512 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Torrent Power (NSE:TORNTPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Torrent Power stock appears to be overvalued. The current stock price of ₹1,413.70 is trading 0.9% above its estimated GF Value™ of ₹1,400.54. GuruFocus considers Torrent Power to be Fairly Valued.

Key valuation signals for NSE:TORNTPOWER:

  • EBIT: ₹42,512 Mil
  • GF Value™: ₹1,400.54 vs. price of ₹1,413.70 (0.9% above fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the NSE:TORNTPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Torrent Power Business Description

Other Exchanges 532779:India
Address Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The group's reportable segments are: Generation, Transmission and Distribution, and Renewables. The majority of its revenue is generated from the Transmission and Distribution segment, which comprises transmission and distribution business (licensed and franchisee) and related ancillary services. The Generation segment includes the generation of power from thermal sources (gas and coal) and trading of Regassified Liquified Natural Gas, and the Renewables segment includes generation of power from renewable energy sources.
88GF Score

Get the complete analysis for NSE:TORNTPOWER

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,413.70
Price
₹1,400.54
GF Value