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Torrent Power (BOM:532779) Gross-Profit-to-Asset % : 20.34% (As of Sep. 2024)


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What is Torrent Power Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Torrent Power's annualized Gross Profit for the quarter that ended in Sep. 2024 was ₹72,340 Mil. Torrent Power's average Total Assets over the quarter that ended in Sep. 2024 was ₹355,735 Mil. Therefore, Torrent Power's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 20.34%.

Torrent Power Gross-Profit-to-Asset % Historical Data

The historical data trend for Torrent Power's Gross-Profit-to-Asset % 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.

* Premium members only.

Torrent Power Gross-Profit-to-Asset % Chart

Torrent Power Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.83 17.99 17.47 19.97 17.18

Torrent Power Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % 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 21.79 19.79 4.99 29.89 20.34

Competitive Comparison of Torrent Power's Gross-Profit-to-Asset %

For the Utilities - Independent Power Producers subindustry, Torrent Power's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Torrent Power's Gross-Profit-to-Asset % falls into.


Torrent Power Gross-Profit-to-Asset % Calculation

Torrent Power's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=54386.4/( (299101.8+333924.8)/ 2 )
=54386.4/316513.3
=17.18 %

Torrent Power's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=72340/( (0+355735.3)/ 1 )
=72340/355735.3
=20.34 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Torrent Power Gross-Profit-to-Asset % Related Terms

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Torrent Power Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Torrent Power Ltd (BOM:532779) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
BOM:540565 BOM:543290 BOM:500390 BOM:532939 BOM:532627 NSE:JSWENERGY BOM:532524 BOM:533263 BOM:532708 BOM:517530 SHSE:600900 HKSE:01816 BOM:533096 SHSE:600011 VST LSE:CNA HKSE:00006 BOM:539254 NRG HKSE:00836
Traded in Other Exchanges
TORNTPOWER:India
Address
Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015
Website
https://www.torrentpower.com
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 company's gas-fired facilities constitute a majority of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low-tension, and high-tension consumers. The low-tension customer class would include smaller manufacturing units, while high-tension would be composed of heavier industrial entities.

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