Torrent Power Limited (BOM: 532779)

Torrent Power Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	3,444	3,508	1,882	2,894	1,073	911.6
Short-Term Investments	9	32.6	1,126	184.1	847	783.9
Trading Asset Securities	9,276	9,344	7,858	2,737	3,416	6,076
Accounts Receivable	69,571	58,633	51,510	35,206	30,978	27,862
Other Receivables	22.3	23.5	31.7	69.2	80.2	258.5
Inventory	8,138	9,000	9,041	6,313	4,928	6,873
Prepaid Expenses	752.4	684.3	536.9	401	329.5	272.3
Loans Receivable Current	-	-	-	199	-	153.8
Other Current Assets	8,139	3,838	2,542	4,255	4,793	5,045
Total Current Assets	99,351	85,064	74,528	52,258	46,444	48,237
Property, Plant & Equipment	239,969	233,851	209,571	182,713	181,453	181,217
Goodwill	1,711	1,711	1,711	-	-	-
Other Intangible Assets	7,002	7,185	7,563	1,233	184.4	151.7
Long-Term Investments	72	72.3	244.5	1,180	1,138	1,048
Long-Term Loans Receivable	-	-	-	1,219	1,557	1,762
Long-Term Deferred Tax Assets	615.8	663.8	386.5	351.2	245	198.6
Other Long-Term Assets	7,015	5,379	5,098	11,274	4,365	3,616
Total Assets	355,735	333,925	299,102	250,227	235,387	236,230
Accounts Payable	21,964	18,119	15,227	11,111	9,748	10,379
Accrued Expenses	6,927	5,699	4,751	4,619	3,967	4,907
Short-Term Debt	35	2,935	35.7	7,185	78.1	182.4
Current Portion of Long-Term Debt	10,599	13,751	15,903	12,820	11,084	10,709
Current Unearned Revenue	1,125	1,079	1,032	945.2	857.2	801.4
Current Portion of Leases	86.6	72.7	60.2	51.1	50.5	49.1
Current Income Taxes Payable	3,582	1,238	1,786	1,225	445.5	217
Other Current Liabilities	31,796	35,237	30,507	23,519	21,869	20,849
Total Current Liabilities	76,114	78,131	69,300	61,477	48,099	48,093
Long-Term Debt	104,455	99,164	89,023	70,992	66,722	77,963
Long-Term Leases	499.7	395	393.2	391	309.6	330.5
Long-Term Unearned Revenue	13,989	13,831	13,147	12,064	11,050	10,772
Long-Term Deferred Tax Liabilities	16,321	12,337	9,688	3,452	5,275	5,528
Other Long-Term Liabilities	5,500	4,092	2,684	2,061	1,726	1,652
Total Liabilities	216,879	207,950	184,235	150,436	133,181	144,339
Common Stock	4,806	4,806	4,806	4,806	4,806	4,806
Additional Paid-In Capital	0.3	0.3	0.3	0.3	0.3	0.3
Retained Earnings	127,952	115,366	104,681	93,229	95,163	84,148
Comprehensive Income & Other	400	445.1	612.1	1,396	1,873	2,581
Total Common Equity	133,159	120,617	110,100	99,432	101,842	91,535
Minority Interest	5,698	5,358	4,767	359.3	363.6	356.3
Shareholders' Equity	138,856	125,975	114,867	99,791	102,206	91,892
Total Liabilities & Equity	355,735	333,925	299,102	250,227	235,387	236,230
Total Debt	115,674	116,318	105,415	91,439	78,244	89,234
Net Cash (Debt)	-102,945	-103,433	-94,548	-85,624	-72,908	-81,462
Net Cash Per Share	-214.19	-215.21	-196.72	-178.15	-151.70	-169.50
Filing Date Shares Outstanding	480.62	480.62	480.62	480.62	480.62	480.62
Total Common Shares Outstanding	480.62	480.62	480.62	480.62	480.62	480.62
Working Capital	23,237	6,933	5,228	-9,219	-1,654	143.3
Book Value Per Share	277.06	250.96	229.08	206.88	211.90	190.45
Tangible Book Value	124,446	111,722	100,826	98,199	101,658	91,384
Tangible Book Value Per Share	258.93	232.46	209.78	204.32	211.52	190.14
Land	11,066	10,081	7,242	5,142	4,417	4,417
Buildings	24,119	23,495	20,733	18,078	16,871	15,460
Machinery	314,852	301,076	268,502	247,760	227,617	218,937
Construction In Progress	21,436	24,724	26,247	12,973	8,377	5,674

Source: S&P Capital IQ. Utility template. Financial Sources.