Torrent Group Competitors: who it competes with and how it compares
Torrent Pharma overtook Cipla by market value in November 2025 25. In India's pharma market it ranked fifth in FY26 18.
Founded1959, Ahmedabad, Gujarat
StatusListed
Listed onBSE, NSE: TORNTPHARM, TORNTPOWER
Pharmaceuticals
Pharmarack data for November 2025 ranked Sun Pharma, Abbott, Mankind and Cipla as the four largest companies in the Indian market, with Torrent in the next group alongside Alkem, Intas, Lupin and Zydus 42. Torrent ranked itself fifth for FY26 after the J.B. Chemicals merger 18. On 10 November 2025 Torrent Pharma's market value passed Cipla's 25.
India growth
In July-September 2026 Torrent's India sales grew 20%, against market growth of 12% 20.
Power and gas
We did not find a single sourced comparison of Torrent Power or Torrent Gas with rivals such as Tata Power, Adani or the listed city gas companies.
Strengths
- India sales growing faster than the market 20.
- A pipeline of about 4.2 GWp of renewables and 3 GW of pumped storage 21.
- No base tariff increase for Torrent's Gujarat distribution areas in FY27 41.
Risks
Frequently asked questions
In India, Sun Pharma, Abbott, Mankind, Cipla, Alkem, Intas, Lupin and Zydus.
By market value it passed Cipla on 10 November 2025.
Sources✓ Verified 5 Nov 2026
1 Forbes, Samir Mehta (Real-Time Billionaires), 5 Nov 2026, shareholdings
2 Wikipedia, Torrent Group, 6 Nov 2026, group history
3 The Economic Times (PTI), Aman Mehta appointed Managing Director of Torrent Pharma, 20 May 2025, founder, roles
4 BSE filing, Disclosure under SEBI Takeover Regulations, Torrent Investments, 20 Jan 2024, 71.25% of Torrent Pharma
5 The Hindu BusinessLine, Torrent Group completes acquisition of majority stake in Gujarat Titans, 17 Mar 2025, Gujarat Titans
6 Torrent Pharmaceuticals, Intimation of acquisition of equity shares of J.B. Chemicals, 21 Jan 2026, J.B. Chemicals stake
7 Fortune India, Aman Mehta, Shaan Mehta and Varun Mehta (40 Under 40 2026), 1 Jan 1970, next generation
8 Forbes, Sudhir Mehta (Real-Time Billionaires), 5 Nov 2026, shareholdings
9 Trendlyne, Torrent Pharmaceuticals shareholding, 30 Sep 2026, Torrent Pharma shareholding
10 Choice India, Torrent Power shareholding pattern, 5 Nov 2026, Torrent Power shareholding
11 afaqs, Torrent Group acquires 67% stake in Gujarat Titans after BCCI approval, 18 Mar 2025, Gujarat Titans
12 Wikipedia, Torrent Pharmaceuticals, 6 Nov 2026, pharma history
13 The Week (PTI), Torrent succession, 20 May 2025, succession
14 DNA, Samir Mehta to take over as Torrent Power chairman, 8 Feb 2018, Torrent Power chairman
15 Business Standard, Torrent rolls out succession plan, Aman Mehta joins pharma unit's board, 29 Jul 2022, Aman Mehta board
16 Investywise, Torrent Power appoints Vikas Poddar as CFO, 20 Aug 2026, Torrent Power CFO
17 MarketScreener, Torrent Pharmaceuticals appoints Sudhir Menon as CFO, Torrent Pharma CFO
18 Torrent Pharmaceuticals, Press release, Q4 FY26, 22 May 2026, Torrent Pharma FY26
19 Torrent Pharmaceuticals, Press release, Q4 FY25, 20 May 2025, Torrent Pharma FY25
20 Kotak Neo, Torrent Pharma Q2 FY27 results, 23 Oct 2026, Torrent Pharma Q2 FY27
21 Torrent Power / NSE, Media release, 3 August 2026, 3 Aug 2026, Torrent Power Q1 FY27, Nabha
22 SolarQuarter, Torrent Power reports FY26 results, 13 May 2026, Torrent Power FY26
23 Informist, Analyst concall: Torrent Power, 11 Nov 2025, MP coal project
24 Torrent Gas, Torrent Gas, 6 Nov 2026, Torrent Gas
25 Business Standard, Torrent Pharma hits record high, surpasses Cipla in m-cap ranking, 10 Nov 2025, market value ranking
26 Business Today, Torrent Pharma makes open offer for 26% of J.B. Chemicals, 30 Jun 2025, J.B. Chemicals terms
27 LiveLaw, NCLT Ahmedabad sanctions amalgamation of JB Chemicals into Torrent Pharmaceuticals, 1 Jul 2026, NCLT approval
28 Bar & Bench, Anagram Partners advises CVC on sale of stake in Gujarat Titans, 26 Feb 2025, Gujarat Titans valuation
29 ThePrint (PTI), Torrent Group buys 67 pc stake in IPL team Gujarat Titans, 12 Feb 2025, Gujarat Titans
30 Business Standard, Torrent Pharma acquires Curatio for Rs 2,000 crore, 27 Sep 2022, Curatio
31 Business Today, Torrent Pharma to acquire India business of Unichem for Rs 3,600 crore, 4 Nov 2017, Unichem
32 Multibagg, Torrent Pharma Q1 FY27 results, 1 Jul 2026, Torrent Pharma Q1 FY27
33 Free Press Journal, Torrent Pharma profit falls 9.6% in Q2 FY27, 23 Oct 2026, Torrent Pharma Q2 FY27
34 UNI, Torrent Power net profit surges 63% in FY 2024-25, 14 May 2025, Torrent Power FY24-FY25
35 Powerline, Torrent Power reports Rs 24.7 billion net profit in 2025-26, 14 May 2026, Torrent Power FY26 profit
36 Investywise, Torrent Power board meeting outcome, financial results, 1 Aug 2026, Torrent Power Q1 FY27
37 Business Standard, Torrent Power secures Rs 3,500 crore via QIP at Rs 1,503 per share, 6 Dec 2024, Torrent Power QIP
38 Business Standard, Torrent Pharma slips after USFDA warning letter for Indrad facility, 10 Oct 2019, Indrad warning letter
39 ThePrint, Torrent Pharma warned by US again, 1 Nov 2019, Levittown, Dahej
40 Business Standard, Torrent Pharma gets USFDA warning letter for Gujarat facility, 24 Jan 2023, Indrad OAI
41 DeshGujarat, GERC unveils FY 2026-27 power tariff in Gujarat, 25 Mar 2026, tariffs
42 BioSpectrum (Pharmarack), Sun Pharma continues to retain No 1 position in IPM for November, 11 Dec 2025, pharma market ranking
Report a correction
This page is for information only and is not investment advice.