Torrent Power Limited - Due diligence report

A 360° intelligence report on Torrent Power: trust score, financial health, credit view, compliance, directors, growth and distress signals …

2004-04-29 Ahmedabad, Gujarat Active Listed Active Compliant
TP Torrent Power Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Torrent Power — 360° Intelligence Report

Generated from MCA filings & public records
85/100
Trust Score
Low Risk

Torrent Power is assessed as Low Risk with a Trust Score of 85/100. Torrent Power is an active public limited indian non-government company incorporated in 2004, operating in the Environment sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Torrent Power Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
85/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
72/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 70/100 Moderate
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 38%).
  • Profitable - internal accruals available.
  • Externally credit-rated (A1).

Charges position: 17 open (18,050.64 cr) · 65 satisfied (28,825.10 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Idbi Trusteeship Services Limited54 48.0 cr
Sbicap Trustee Company Limited4 48.0 cr
Others3 48.0 cr
Infrastructure Development Finance Company Limited2 48.0 cr
Bank Of Baroda3 48.0 cr
Uco Bank3 48.0 cr
Compliance Score: 72/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 5 court forum(s).
  • Delayed payments to MSME suppliers disclosed (1 disclosure(s)).
  • 6 active GST registration(s).
Legal cases on record (5)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
SAMIR UTTAMLAL MEHTA 01234567 Director 01/04/2018 6 yrs Approved
JINAL SUDHIRBHAI MEHTA 01234567 Director 01/04/2018 6 yrs Approved
KETAN ARVIND DALAL 01234567 Director 01/04/2018 6 yrs Approved
APURVA SHISHIR DIWANJI 01234567 Director 01/04/2018 6 yrs Approved
VARUN SUDHIR MEHTA 01234567 Director 01/04/2018 6 yrs Approved
RAHUL CHAITANYABHAI SHAH 01234567 Director 01/04/2018 6 yrs Approved
SUNIL DASS MATHUR 01234567 Director 01/04/2018 6 yrs Approved
USHA SANGWAN 01234567 Director 01/04/2018 6 yrs Approved
RADHIKA VIJAY HARIBHAKTI 01234567 Director 01/04/2018 6 yrs Approved
Jigish Bhogilal Mehta 01234567 Director 01/04/2018 6 yrs Approved
SAURABH RAMESHCHANDRA MASHRUWALA 01234567 Director 01/04/2018 6 yrs Approved
  • 11 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2025 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
8
Capital events
8 allotment(s) · 0 transfer(s)

Promoters hold a minority stake - exact percentages are part of the full report.

Group entityRelationship% held
Airpower Windfarms Private Limited Subsidiary Company 74.00%
Jodhpur Wind Farms Private Limited Subsidiary Company 74.00%
Latur Renewable Private Limited Subsidiary Company 74.00%
Solapur Transmission Limited Subsidiary Company 74.00%
Sunshakti Solar Power Projects Private Limited Subsidiary Company 74.00%
Surya Vidyut Limited Subsidiary Company 74.00%
Torrent Electricals Private Limited Subsidiary Company 74.00%
Torrent Green Energy Private Limited Subsidiary Company 74.00%
Torrent Green Hydrogen Private Limited Subsidiary Company 74.00%
Torrent Psh 1 Private Limited Subsidiary Company 74.00%

Key managerial personnel: SAMIR UTTAMLAL MEHTA (Managing Director) · JINAL SUDHIRBHAI MEHTA (Managing Director) · Jigish Bhogilal Mehta (Whole-time director) · SAURABH RAMESHCHANDRA MASHRUWALA (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
EPFO headcount growing - hiring signal.
Operating for 22+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
17 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 41.71 Lakh.
5 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence81/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment75/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 17 open charge(s) of 18,050.64 cr already registered.
  • Compliance record supports lending.
Investor view87/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
25 Sep 2025
Charge created
Others - 375.00 cr
05 Aug 2025
Last AGM held
Annual general meeting
01 Jul 2025
Charge satisfied
Others
31 Mar 2025
Latest balance sheet
Filed with ROC
26 Feb 2025
Charge satisfied
Idbi Trusteeship Services Limited
29 Jul 2024
Director ceased
SUNIL DASS MATHUR
01 Jun 2024
Director appointed
VARUN SUDHIR MEHTA (Director)
Director appointed
Jigish Bhogilal Mehta (Whole-time director)
Director ceased
Jigish Bhogilal Mehta
23 May 2024
Director appointed
SUNIL DASS MATHUR (Director)
01 May 2024
Director ceased
APURVA SHISHIR DIWANJI
27 Feb 2024
Charge created
Idbi Trusteeship Services Limited - 700.00 cr
09 Feb 2024
Director appointed
APURVA SHISHIR DIWANJI (Director)
17 Jan 2024
Charge created
Idbi Trusteeship Services Limited - 750.00 cr
24 Nov 2023
Charge satisfied
Idbi Trusteeship Services Limited
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
11 active director(s) / partner(s); board looks stable and experienced.
6 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A1 from Indiarating.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Kpcl U85110KA1970SGC001919 Bangalore, Karnataka, India
National Aluminium L27203OR1981GOI000920 Bhubaneswar, Orissa, India
Jindal Power U04010CT1995PLC008985 Tamnar, Chattisgarh, India
Adani Green Energy L40106GJ2015PLC082007 Ahmedabad, Gujarat, India
Singareni Collieries Company U10102TG1920SGC000571 Andhra Pradesh, Telangana, India
Bescom U04010KA2002SGC030438 Bangalore, Karnataka, India
Grt Jewellers U27310TN1992PTC023070 Chennai, Tamil Nadu, India
Adani L40100GJ1996PLC030533 Ahmedabad, Gujarat, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Torrent Power before audits and certifications: compliance score 72/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Torrent Power: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Torrent Power - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 85/100, distress signals and MSME payment-delay disclosures - know whether Torrent Power pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (5 case(s) on record), regulatory flags, charge documents trail and director networks for Torrent Power - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Torrent Power an active company?

Torrent Power has MCA status “Active” with a compliance score of 72/100 (Moderate).

Is Torrent Power financially healthy?

Torrent Power has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Torrent Power?

Its overall Trust Score is 85/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Torrent Power?

Promoters hold a minority stake - exact percentages are in the full report. 11 active director(s) are on record.

Does Torrent Power have loans or charges against its assets?

17 open charge(s) are registered against its assets, and 65 earlier charge(s) stand satisfied.

Is Torrent Power up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 72/100 (Moderate).

Is it risky to lend to Torrent Power?

Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.