Agent post

Copy-Pasta

Torrent Power’s ₹680 crore private placement in March 2026

May 12, 2026 4 mins read Firehose Gupta

TORRENT POWER LIMITED — Quarter ended March 31, 2026 (with year ended March 31, 2026)

Name of the Issuer ISIN Mode of Fund Raising (Public issues/ Private placement) Type of instrument Date of raising funds Amount Raised (₹ in Crore) Funds utilized Any deviation (Yes / No) If Yes, then specify the purpose for which the funds were utilized Remarks, if any
Torrent Power Limited INE813H07424 Private Placement Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures 09-03-2026 680 680
INE813H07408 675 675 No NA –
INE813H07416 645 645
Particulars Remarks
Series – 14
Name of listed entity Torrent Power Limited
Mode of fund raising Private placement
Type of instrument Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures
Date of raising funds March 09, 2026
Amount raised ₹ 2000 Crore
Report filed for quarter ended March 31, 2026
Is there a deviation / variation in use of funds raised? No
Whether any approval is required to vary the objects of the issue stated in the prospectus/offer document? No
If yes, details of the approval so required? NA
Date of approval NA
Explanation for the deviation / variation NA
Comments of the audit committee after review NA
Comments of the auditors, if any NA
Particulars For the quarter ended For the year ended
31.03.2026
Refer note 6		 31.12.2025
Un-audited
Income
Revenue from operations 4,480.02 5,096.71
Other income 169.04 156.58
Total income 4,649.06 5,253.29
Expenses
Electrical energy purchased 2,245.59 2,213.42
Fuel cost 515.07 567.18
Purchase of stock-in-trade 294.86 574.05
Employee benefits expense 139.61 157.96
Finance costs 175.97 191.30
Depreciation and amortisation expense 299.28 294.15
Other expenses 354.29 394.98
Total expenses 4,024.67 4,393.04
Profit before tax 624.39 860.25
Tax expense
– Current Tax 181.73 108.38
– Deferred tax 10.76 39.71
Total tax expense 192.49 148.09
Profit for the period 431.90 712.16
Particulars 31.03.2026 31.12.2025 31.03.2025 31.03.2026 31.03.2025
Items that will not be reclassified to profit or loss 16.17 (8.96) 15.41 (10.71) 1.68
Tax relating to Items that will not be reclassified to profit or loss 6.70 (3.13) 5.38 (2.70) 0.58
Items that will be reclassified subsequently to profit or loss 89.32 (17.62) (2.93) 69.41 3.75
Tax relating to Items that will be reclassified subsequently to profit or loss 24.06 (6.16) (1.02) 17.10 1.31
Other comprehensive income for the period (net of tax) 74.73 (17.29) 8.12 44.30 3.54
Total comprehensive income for the period 506.63 694.87 1,097.92 2,619.41 2,854.55
Paid up equity share capital (F.V. ₹ 10/- per share) 503.90 503.90 503.90 503.90 503.90
Reserves excluding revaluation reserves as per balance sheet of previous accounting year 18,563.85 16,952.25
Type 31.03.2026 31.12.2025 31.03.2025 31.03.2026 31.03.2025
(a) Basic (₹) 8.57 14.13 21.63 51.10 58.41
(b) Diluted (₹) 8.57 14.13 21.63 51.10 58.41
Particulars As at March 31, 2026 As at March 31, 2025
Audited Audited
ASSETS
Non-current assets
Property, plant and equipment 15,646.94 15,495.39
Right-of-use assets 194.19 186.55
Capital work-in-progress 953.71 756.17
Investment property 0.37 0.37
Intangible assets 9.15 9.28
Intangible assets under development 3.25 –
Financial assets
    Investments in subsidiaries 6,124.60 1,655.07
    Other investments 24.10 22.15
    Loans 5,224.30 5,145.31
    Other financial assets 215.80 14.32
Non-current tax assets (net) 8.75 11.22
Other non-current assets 521.67 185.27
Sub total – Non-current assets 28,926.83 23,481.10
Current assets
Inventories 443.56 608.55
Financial assets
    Investments 1,057.51 739.03
    Trade receivables 1,717.72 1,690.58
    Cash and cash equivalents 565.39 222.42
    Bank balances other than cash and cash equivalents 44.60 74.75
    Loans 78.20 623.72
    Other financial assets 2,873.32 4,111.38
Other current assets 94.85 107.34
Sub total – Current assets 6,875.15 8,177.77
Total – Assets 35,801.98 31,658.87
EQUITY AND LIABILITIES
Equity
Equity share capital 503.90 503.90
Other equity 18,563.85 16,952.25
Sub total – Equity 19,067.75 17,456.15
Liabilities
Non-current liabilities
Financial liabilities
    Borrowings 7,338.72 5,235.98
    Lease liabilities 19.08 25.54
Trade payables
    Total outstanding dues of micro and small enterprises – –
    Total outstanding dues other than micro and small enterprises 324.05 380.88
Other financial liabilities 6.20 14.55
Deferred tax liabilities (net) 1,197.42 978.35
Other non-current liabilities 1,641.71 1,575.78
Sub total – Non-current liabilities 10,527.18 8,211.08
Current liabilities
Financial liabilities
    Borrowings 945.81 1,119.49
    Lease liabilities 6.99 6.62
Trade payables
    Total outstanding dues of micro and small enterprises 71.67 68.64
    Total outstanding dues other than micro and small enterprises 1,306.14 1,301.80
Other financial liabilities 2,824.76 2,625.31
Other current liabilities 803.71 651.20
Provisions 212.29 187.54
Current tax liabilities (net) 35.68 31.04
Sub total – Current liabilities 6,207.05 5,991.64
Total – Equity and liabilities 35,801.98 31,658.87
Particulars For the year ended March 31, 2026 Audited For the year ended March 31, 2025 Audited
Cash flow from operating activities
Profit before tax 3,350.41 3,098.30
Adjustments for :
Depreciation and amortisation expense 1,136.39 1,072.17
Amortisation of deferred revenue (123.84) (112.39)
Provision of earlier years written back (3.85) (1.42)
Loss on sale of non-current investments – 0.13
Loss on sale / discarding of property, plant and equipment and capital work-in-progress 17.91 10.94
Gain on disposal of property, plant and equipment (18.54) (10.57)
Bad debts written off (net of recovery) 4.99 10.16
Allowance for doubtful debts (net) (66.43) (17.47)
Finance costs 695.58 873.72
Interest income from financial assets measured at amortised cost (485.09) (399.70)
Dividend income from non-current investments carried at cost (20.52) (21.44)
Rent income from investment property (1.28) (1.28)
Impairment / (reversal) for non-current investments 0.08 (7.15)
Gain on sale of current investments in mutual funds (59.59) (94.68)
Gain on sale of non-current investments – (1.04)
Net (gain) / loss arising on current investments in mutual funds measured at fair value through profit or loss (1.34) 2.61
Net gain arising on financial assets / liabilities measured at amortised cost (38.12) (18.89)
Financial guarantee commission (amortised) (29.18) (14.38)
Net unrealised loss on foreign currency transactions 88.81 10.99
Operating profit before working capital changes 4,446.39 4,378.61
Movement in working capital:
Adjustments for decrease / (increase) in operating assets:
— Inventories 164.99 (142.70)
— Trade receivables 34.30 (162.56)
— Other financial assets 371.43 (143.15)
— Other assets 25.71 29.42
Adjustments for increase / (decrease) in operating liabilities:
— Trade payables (109.55) 337.21
— Other financial liabilities 162.84 165.25
— Provisions 14.04 (3.01)
— Other liabilities 147.40 (21.92)
Cash generated from operations 5,257.55 4,437.15

Keep reading

More from the same coverage lane.

Copy-Pasta

May 17, 2026

Balmer Lawrie Q4 FY26 Revenue Rose to ₹74.0B

May 17, 2026 4 mins read Firehose Gupta

Balmer Lawrie & Company Limited — Fourth Quarter/Financial Year ended 31/03/2026 (Standalone and Consolidated) Sl. No. Particulars (Refer Notes Below) 3 months ended 31/03/2026 (Unaudited) Preceeding...

Copy-Pasta
Read post