Adani Power vs Torrent Power: share price, P/E, ROE and financials compared
Adani Power
Torrent Power
Adani Power and Torrent Power at a glance
Adani Power and Torrent Power are both listed in Power. Adani Power is the larger by market cap, at ₹3.9L Cr against ₹64,051 Cr for Torrent Power (6.2 times as large). On valuation, Adani Power has the lower P/E (21.6× against 26.5×), while Torrent Power has the lower price-to-book (3.05× against 5.13×). On returns and margins, Adani Power has the higher ROCE (15.1% against 11.9%), the higher ROE (27.0% against 12.1%) and the higher operating margin (38.7% against 19.2%). Over three years, Adani Power has faster 3-year sales growth (+12.5% against +4.0% a year) and faster 3-year profit growth (+6.2% against +4.5% a year). Adani Power carries less debt for its equity, with a debt-to-equity of 0.80× against 1.08×.
Key metrics, side by side
| Metric | Adani PowerADANIPOWER | Torrent PowerTORNTPOWER |
|---|---|---|
| Price (₹) | 204.29 | 1,271.10 |
| Market cap (₹ Cr) | 3,93,967 | 64,051 |
| P/E | 21.6× (the lower figure, shaded) | 26.5× |
| P/B | 5.13× | 3.05× (the lower figure, shaded) |
| Dividend yield, trailing | 0.00% | 1.57% (the higher figure, shaded) |
| ROE | 27.0% (the higher figure, shaded) | 12.1% |
| ROCE | 15.1% (the higher figure, shaded) | 11.9% |
| Operating margin (OPM) | 38.7% (the higher figure, shaded) | 19.2% |
| Net margin (NPM) | 28.0% (the higher figure, shaded) | 7.8% |
| Sales CAGR 3Y | +12.5% (the higher figure, shaded) | +4.0% |
| Profit CAGR 3Y | +6.2% (the higher figure, shaded) | +4.5% |
| Debt to equity | 0.80× (the lower figure, shaded) | 1.08× |
| Interest cover | 6.2× (the higher figure, shaded) | 4.7× |
| Net profit TTM (₹ Cr) | 18,222 | 2,324 |
| 1Y return | +28.8% (the higher figure, shaded) | −3.0% |
| Promoter holding | – | – |
Adani Power vs Torrent Power: common questions
Which is bigger, Adani Power or Torrent Power?
By market cap, Adani Power is bigger at ₹3.9L Cr, against ₹64,051 Cr for Torrent Power (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹18,222 Cr for Adani Power and ₹2,324 Cr for Torrent Power.
Which has a lower P/E ratio, Adani Power or Torrent Power?
Adani Power trades at a P/E of 21.6× and Torrent Power at 26.5×. Adani Power has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Adani Power or Torrent Power?
Adani Power reports a return on equity of 27.0% and Torrent Power 12.1%. Adani Power has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Adani Power or Torrent Power?
Over the last three years: Sales grew +12.5% a year at Adani Power and +4.0% at Torrent Power, so Adani Power grew sales faster; profit grew +6.2% a year at Adani Power and +4.5% at Torrent Power, so Adani Power grew profit faster. Past growth doesn’t predict future growth.