Torrent Power (NSE:TORNTPOWER) Asset Turnover: 0.14 (As of Mar. 2026)


NSE:TORNTPOWER Torrent Power Ltd NSE:TORNTPOWER
90 GF Score
Price ₹1,357.30
GF Value ₹1,406.30
Valuation Fairly Valued
! 5 Warning Signs
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What is Torrent Power Asset Turnover?

Torrent Power NSE:TORNTPOWER -0.67% 90 Asset Turnover is 0.14 as of Mar. 2026. GuruFocus rates NSE:TORNTPOWER with a GF Score™ of 90/100 and a GF Value™ of ₹1,406.30 (Fairly Valued). The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Torrent Power's Revenue for the three months ended in Mar. 2026 was ₹64,061 Mil. Torrent Power's Total Assets for the quarter that ended in Mar. 2026 was ₹451,933 Mil. Therefore, Torrent Power's Asset Turnover for the quarter that ended in Mar. 2026 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Torrent Power's annualized ROE % for the quarter that ended in Mar. 2026 was 6.67%. It is also linked to ROA % through Du Pont Formula. Torrent Power's annualized ROA % for the quarter that ended in Mar. 2026 was 2.82%.

Torrent Power  (NSE:TORNTPOWER) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Torrent Power's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=12728/190753.3
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12728 / 256242.8)*(256242.8 / 451932.8)*(451932.8/ 190753.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.97 %*0.567*2.3692
=ROA %*Equity Multiplier
=2.82 %*2.3692
=6.67 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Torrent Power's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=12728/451932.8
=(Net Income / Revenue)*(Revenue / Total Assets)
=(12728 / 256242.8)*(256242.8 / 451932.8)
=Net Margin %*Asset Turnover
=4.97 %*0.567
=2.82 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Torrent Power Asset Turnover Related Terms

Torrent Power Asset Turnover Historical Data

* Premium members only.

The historical data trend for Torrent Power's Asset Turnover 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 Asset Turnover Chart

Torrent Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.93 0.85 0.83 0.71

Torrent Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.18 0.22 0.20 0.17 0.14

NSE:TORNTPOWER vs CEG, VST, NRG: Asset Turnover Comparison

For the Utilities - Independent Power Producers subindustry, Torrent Power's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Torrent Power's Asset Turnover falls into.


NSE:TORNTPOWER
90GF Score
Torrent Power Ltd NSE:TORNTPOWER
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Torrent Power Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Torrent Power's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=289663.1/( (365733.8+451932.8)/ 2 )
=289663.1/408833.3
=0.71

Torrent Power's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=64060.7/( (0+451932.8)/ 1 )
=64060.7/451932.8
=0.14

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.14 mean?
Torrent Power (NSE:TORNTPOWER) has a Asset Turnover of 0.14 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Torrent Power and its competitors.
Is Torrent Power's Asset Turnover too high?
Torrent Power's current Asset Turnover is 0.14. Overall, Torrent Power has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Torrent Power's Asset Turnover compare to CEG and VST?
Torrent Power's Asset Turnover of 0.14 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 Asset Turnover for an Utilities - Independent Power Producers company?
A good Asset Turnover depends on the Utilities - Independent Power Producers industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Torrent Power and its competitors. Torrent Power's current Asset Turnover is 0.14. 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 ₹1,406.30, compared to a current price of ₹1,357.30 — trading 3.5% below its estimated fair value. The current Asset Turnover is 0.14. Torrent Power's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Torrent Power (NSE:TORNTPOWER), the current Asset Turnover is 0.14 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 undervalued. The current stock price of ₹1,357.30 is trading 3.5% below its estimated GF Value™ of ₹1,406.30. GuruFocus considers Torrent Power to be Fairly Valued.

Key valuation signals for NSE:TORNTPOWER:

  • Asset Turnover: 0.14
  • GF Value™: ₹1,406.30 vs. price of ₹1,357.30 (3.5% below fair value)
  • GF Score™: 90/100 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.
90GF Score

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

₹1,357.30
Price
₹1,406.30
GF Value