Torrent Power Ltd.

Financial

	Torrent Power	NHPC	SJVN
Operational Metrics
Power Generation Sector
Capacity Utilization - Electricity	34.39 %	n/a	40.78 %
Generation Capacity - Electricity	4881.0 MW	n/a	2377.0 MW
Capacity Utilization - Renewable	26.94 %	n/a	10.18 %
Capacity Utilization - Thermal	38.7 %	n/a	n/a
Generation Capacity - Thermal	3092.0 MW	n/a	n/a
Capacity Utilization - Conventional Energy	38.7 %	n/a	n/a
Generation Capacity - Conventional Energy	3092.0 MW	n/a	1972.0 MW
Renewable
Generation Capacity - Wind	921.0 MW	50.0 MW	n/a
Generation Capacity - Renewable	1789.0 MW	n/a	405.0 MW
Capacity Utilization - Wind	31.6 %	n/a	n/a
Generation Capacity - Solar	868.0 MW	318.84 MW	n/a
Capacity Utilization - Solar	22.0 %	n/a	n/a
Financials
5 yr Average ROE	13.73 %	9.49 %	8.49 %
5yr average Equity Multiplier	2.47	2.45	2.34
5yr Average Asset Turnover Ratio	0.71	0.11	0.09
5yr Avg Net Profit Margin	7.8 %	35.11 %	43.09 %
Price to Book	3.62	2.21	2.62
P/E	23.22	28.63	53.74
5yr Avg Cash Conversion Cycle	37.62 Days	169.85 Days	79.98 Days
Inventory Days	11.6 Days	6.02 Days	9.18 Days
Days Receivable	28.49 Days	161.99 Days	70.18 Days
Days Payable	0.0	4.26 Days	3.62 Days
5yr Average Interest Coverage Ratio	3.49	7.81	8.08
5yr Avg ROCE	14.24 %	7.03 %	7.88 %
5yr Avg Operating Profit Margin	21.18 %	52.9 %	73.81 %
5 yr average Debt to Equity	0.82	0.82	1.01
5yr CAGR Net Profit	18.28 %	-1.68 %	-13.01 %
5yr Average Return on Assets	5.62 %	3.9 %	4.27 %
Shareholdings
Promoter Holding	51.09 %	67.4 %	81.85 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-2.48 %	-3.55 %	-4.92 %
Change in Mutual Fund Holding (3 Yrs)	1.26 %	-3.32 %	-1.89 %

Business

	Torrent Power	NHPC	SJVN
Product Wise Break-Up	Product Wise Break-Up Power 94.79 Regasified Liquefied Natural Gas (RLNG) 4.18 Cables 0.88 Energy (Hydro Power) 0 Energy Sales 0 Others 0.15	Product Wise Break-Up Energy Sales 0 Power 0 Regasified Liquefied Natural Gas (RLNG) 0 Energy (Hydro Power) 100.0 Cables 0	Product Wise Break-Up Energy 100.0 Power 0 Regasified Liquefied Natural Gas (RLNG) 0 Energy (Hydro Power) 0 Cables 0
Segment Break-Up	Segment Break-Up Others 100	-	-
Location Wise Break-Up	Location Wise Break-Up India 100.0 Bhutan 0 Nepal 0	Location Wise Break-Up Nepal 0 India 100.0 Bhutan 0	Location Wise Break-Up Nepal 0 India 100.0 Bhutan 0
Operating Profit Break-Up	Operating Profit Break-Up Others 100	-	-
Capacity Break-Up	Capacity Break-Up Thermal and Hydro 63.0 Wind 19.0 Solar Power 18.0	Capacity Break-Up Solar Power 0 Wind 0 Thermal and Hydro 0 Others 100	Capacity Break-Up Solar Power 0 Wind 4.67 Thermal and Hydro 0 Others 95.33
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise Others 100	-	-