Torrent Power (NSE:TORNTPOWER) ROCE %: 9.01% (As of Mar. 2026)


NSE:TORNTPOWER Torrent Power Ltd NSE:TORNTPOWER
88 GF Score
Price ₹1,418.00
GF Value ₹1,400.54
Valuation Fairly Valued
! 5 Warning Signs
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What is Torrent Power ROCE %?

Torrent Power NSE:TORNTPOWER +0.30% 88 ROCE % is 9.01% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Torrent Power's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.01%.

Torrent Power  (NSE:TORNTPOWER) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Torrent Power ROCE % Related Terms

Torrent Power ROCE % Historical Data

* Premium members only.

The historical data trend for Torrent Power's ROCE % 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 ROCE % Chart

Torrent Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.26 18.37 14.42 15.75 13.19

Torrent Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 11.81 16.53 14.78 13.11 9.01
NSE:TORNTPOWER
88GF Score
Torrent Power Ltd NSE:TORNTPOWER
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Torrent Power ROCE % Calculation

Torrent Power's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=42512.4/( ( (365733.8 - 75894.9) + (451932.8 - 97130.9) )/ 2 )
=42512.4/( (289838.9+354801.9)/ 2 )
=42512.4/322320.4
=13.19 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=31968.8/( ( (0 - 0) + (451932.8 - 97130.9) )/ 1 )
=31968.8/( ( 0 + 354801.9 )/ 1 )
=31968.8/354801.9
=9.01 %

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

* 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 ROCE % →
What does a ROCE % of 9.01% mean?
Torrent Power (NSE:TORNTPOWER) has a ROCE % of 9.01% as of Mar. 2026.
Is Torrent Power's ROCE % too high?
Torrent Power's current ROCE % is 9.01%. The Utilities - Independent Power Producers industry median ROCE % is 4.75. Torrent Power's value of 9.01% is 89.7% above this industry median. 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 ROCE % compare to CEG and VST?
Torrent Power's ROCE % of 9.01% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.75. Torrent Power's value of 9.01% is 89.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.75, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Torrent Power's current ROCE % of 9.01% is 89.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Torrent Power's current ROCE % is 9.01%. 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 ₹1,418.00 — trading 1.2% above its estimated fair value. The current ROCE % is 9.01% and 89.7% above the Utilities - Independent Power Producers industry median of 4.75. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Torrent Power (NSE:TORNTPOWER), the current ROCE % is 9.01% 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 ₹1,418.00 is trading 1.2% above its estimated GF Value™ of ₹1,400.54. GuruFocus considers Torrent Power to be Fairly Valued.

Key valuation signals for NSE:TORNTPOWER:

  • ROCE %: 9.01%
  • GF Value™: ₹1,400.54 vs. price of ₹1,418.00 (1.2% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 89.7% above the Utilities - Independent Power Producers median

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

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

₹1,418.00
Price
₹1,400.54
GF Value