Torrent Power Limited · NSE:TORNTPOWER
Torrent Power — Q1 FY2025-26 Earnings Presentation
27 slides from Torrent Power's earnings presentation, Aug 5, 2025
Slide 1: Exchange filing cover letter
August 05, 2025 To, To, Corporate Relationship Department Listing Department BSE Limited, National Stock Exchange of India Limited th 14 Floor, P. J. Towers, “Exchange Plaza”, C – 1, Block G Dalal Street, Fort, Bandra- Kurla Complex, Bandra (East), Mumbai-400001 Mumbai-400051 SCRIP CODE: 532779 SCRI
Slide 2: Investor Presentation Q1 FY 2025-26
s Investor Presentation Q1 FY 2025-26
Slide 3: Disclaimer
Disclaimer THIS PRESENTATION IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF TORRENT POWER LIMITED (THE “COMPANY or TPL”) OR ITS SUBSIDIARIES, ASSOCIATE, JOINT VENTURES TOGETHER WITH THE COMPANY, THE “GROUP” The material that follows is a presentation of general bac
Slide 4: Presentation Outline
Presentation Outline 01 Torrent Group Overview 02 Company Overview 03 Performance Overview 04 Key Highlights 3
Slide 5: Torrent Group Overview
#1 Torrent Group Overview
Slide 6: Torrent Group
Torrent Group Torrent Pharmaceuticals Limited Torrent Power Limited Torrent Gas Limited ◼ Generics pharmaceutical with global ◼ One of the leading private sector ◼ Incorporated in FY19, City Gas Distribution footprint Integrated Power Utility with presence (CGD) business now has 17 operating across
Slide 7: Torrent Group …2
Torrent Group …2 ₹ 40,681 Cr ₹ 1,98,992 Cr ₹ 1,89,557 Cr 26,650+ Turnover Enterprise Value Spreading smiles Illuminating Lives Market Cap Employees Generating Trust. Distributing Opportunities. Not just healthcare… Lifecare Building pan-India city gas distribution Turnover ₹ 29,165 Cr Turnover ₹ 11,
Slide 8: Company Overview
#2 Company Overview 7
Slide 9: One of the Leading Private Sector Integrated Power Utility
One of the Leading Private Sector Integrated Power Utility Promoter Public 51.09% 48.91% Torrent Power Limited (Market Cap: c. ₹ 74,157 Cr1) Green hydrogen / Thermal Generation Renewable Generation Distribution PSP Transmission Green Ammonia Solar: Licensed ~8.4 GW across Uttar Pradesh and (Ahmedaba
Slide 10: Pan India Footprint with Presence in Key States
Pan India Footprint with Presence in Key States Wind Solar Gas Coal Transmission GUJARAT RAJASTHAN Wind (615 MW) Wind (24 MW) Distribution Licensee Distribution Franchisee Solar (583 MWp) AMGEN (362 MW) UTTAR PRADESH Operational Capacity (MWp) Agra SUGEN & UNOSUGEN (1530 MW) DGEN (1200 MW) Transmiss
Slide 11: Operational Capacity to Grow from ~4.9 GW to ~8.0 GW
Operational Capacity is estimated to Grow from ~4.9 GW to ~8.0 GW Backed by Robust Renewable Capacity Addition Installed Capacity Installed Capacity (including Pipeline) Solar 868 18% Solar, Gas 2,323 , RE PIPELINE 2,730 (29%) (34%) Wind Solar (54%) (46%) 8,035 MWp 4,881 MWp Wind Gas 921 19% 3,154 M
Slide 12: Snapshot of Operating Thermal Assets
#1: Snapshot of Operating Thermal Assets Sugen Unosugen Capacity Capacity Plant Type Location COD Fuel Plant Type Location COD Fuel (MW) (MW) 1,147.5 Gas-based Surat, August Domestic 382.5 Gas-based Surat, April Domestic CCPP Gujarat 2009 Gas & CCPP Gujarat 2013 Gas & R-LNG (3 x 382.5) (1 x 382.5) I
Slide 13: Snapshot of Licensed Distribution Assets
#2: Snapshot of Licensed Distribution Assets Ahmedabad / Gandhinagar Surat Customer Base (FY25) Peak Demand (FY25) Licensed Area Customer Base (FY25) Peak Demand (FY25) Licensed Area ~ 356 sq. km. >21 lakh 2,117 MW ~ 52 sq. km. >6 lakh 812 MW Highlights Highlights ✓ Distribution loss of 3.33% (FY25)
Slide 14: Snapshot of Franchisee Distribution Assets
#3: Snapshot of Franchisee Distribution Assets Bhiwandi Agra Licensed Area Peak Demand (FY25) License validity Licensed Area Peak Demand (FY25) License validity ~ 721 609 25th Jan 2027 ~ 221 572 31st March sq. km. MVA [The license validity for the Bhiwandi area can be sq. km. MVA 2030 extended by fi
Slide 15: Transmission - Current Operations and Future Projects
#4: Transmission - Current Operations and Future Projects Existing Transmission Portfolio 400 kV Double-Circuit Transmission Lines: 355 km & 220 kV Double-Circuit Transmission Lines: 128 km Operations are conducted through Torrent Power Grid Limited (TPGL), a subsidiary wherein Torrent holds 90.
Slide 16: Target to Increase Renewable Portfolio to ~4.9 GW
#5: Target to Increase Renewable Portfolio to ~4.9 GW Renewable Energy Projects in Pipeline Contracted Capacity Under Expected Tariff in Project Technology Capacity Installation Off-taker Project Cost Remarks Rs/Unit (MW) (MWp**) (Rs in Cr) MSEDCL 306* 367* 3.10 MSEDCL 1,342 SCOD by September 2025 S
Slide 17: Performance Overview
#3 Performance Overview 16
Slide 18: Overview of Operations – Q1/ FY 2025-26
Overview of Operations – Q1/ FY 2025-26 Rs in Crore Q1 25-26 Q1 24-25 % Growth FY 24-25 Revenue from Operations 7,906 9,034 (12%) 29,165 Power Purchase Cost 5,472 6,250 20,168 Material Cost & Change in Inventory 261 288 1,317 Contribution 2,173 2,496 (13%) 7,680 Other Income 105 76 487 G & A Expense
Slide 19: Overview of Operations – Q1/ FY 2025-26
Overview of Operations – Q1/ FY 2025-26 Total Comprehensive Income for Q1 FY 2025-26 stood at ₹ 739 Cr as compared to ₹ 993 Cr for Q1 FY 2024-25. Whilst the Company’s underlying business remains resilient, the performance in the current quarter was particularly impacted due to lower power demand fol
Slide 20: Overview of Operations – Generation
#1: Overview of Operations – Generation Thermal Power PLF % 96.3% 91.1% 59.7% 58.8% 55.6% 60.4% 50.7% 43.4% 38.7% 31.9% 31.7% 20.6% SUGEN UNOSUGEN DGEN GAS AMGEN THERMAL Q1-25 Q1-26 Renewable Power PLF %* 28.3% 31.6% 19.6% 22.0% WIND 921 MW/ 921 MW SOLAR 403 MWp / 868 MWp Q1-25 Q1-26 *PLF is on cont
Slide 21: Overview of Operations – Power Distribution
#2: Overview of Operations – Power Distribution USO/Purchase (MUs) Q1 FY25 Q1 FY26 2,886 2,767 2,780 2,672 1,137 975 1,009 1,084 788 789 198 219 255 255 Ahmedabad Surat DDDNH Dahej Bhiwandi Agra SMK T&D Loss – Licensed Distribution (%) T&D Loss – Franchised Distribution (%) Q1 25 Q1 25 Q1 26 Q1 26 9
Slide 22: 5 Year Trend - Operational Statistics
#3: 5 YEAR TREND - OPERATIONAL STATISTICS T&D loss (%) THERMAL PLF (%)* Licensed Distribution 91% 6.0% 77% 88% 81% 60% 4.2% 4.2% 58% 3.7% 44% 4.1% 3.3% 41% 40% 37% 34% 44% 3.4% 31% 3.2% 38% 15% 2.8% 31% 16% 33% 20% 2.8% 0.5% 0.5% 0.5% 9% 15% 0.4% 0.5% 10% 0% 2% 20-21 21-22 22-23 0% 23-24 24-25 20-21
Slide 23: Significant Ramp Up in Operations Over Last 5 years
Significant Ramp Up in Operations Over Last 5 years Revenues from Operations (₹ Crore) EBIDTA (₹ Crore) 29,165 5,795 25,694 27,183 5,141 4,903 3,607 3,826 12,173 14,257 2020-21 2021-22 2022-23 2023-24 2024-25 2020-21 2021-22 2022-23 2023-24 2024-25 TCI* (₹ Crore) Net Worth^ (₹ Crore) 18,968 2,989 13
Slide 24: Comfortable Leverage Provides Headroom to Capitalise on Green Energy
Comfortable Leverage Provides Headroom to Capitalise on Opportunities in Green Energy Space Net Debt / EBITDA Net Debt Equity Ratio 1.98 1.97 0.80 0.82 0.80 2.24 2.25 0.64 1.41 0.40 20-21 21-22 22-23 23-24 24-25 20-21 21-22 22-23 23-24 24-25 Return on Capital Employed Return on Networth 19.1% 18.4%
Slide 25: Key Highlights
#4 Key Highlights 24
Slide 26: Key Highlights
Key Highlights One of the leading Indian conglomerate with significant experience in multiple businesses such as Pharma, Power and CGD Quality equipment sourced from major OEMs for the projects #1 Competitive advantage through direct LNG imports compared Being a part of Torrent Group enables
Slide 27: Thank You
THANK YOU Contact details: Rishi Shah Torrent Power Limited “Samanvay”, 600 Tapovan, Ambawadi, Ahmedabad 380015 Ph. No. (079) 26628473 Email: IR@torrentpower.com 26