Adani Power Limited

Adani Power Limited

182.30
INR
-2.97
(-1.60%)
7.71EPS
29.52P/E
4.32TMarket Cap
Oct 23Next Earn
Adani Power Limited
NSE:ADANIPOWER
(National Stock Exchange of India)

Recent

price

182.30

P/E

ratio

29.52

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
1.96
3.75
5.66
11.05
13.09
17.05
13.03
10.51
12.36
13.7
13.56
14.34
19.72
25.95
29.11
28.08
30.8
Revenue per Share
0.47
-0.26
-1.92
-0.21
-0.57
0.37
-3.56
-1.09
-0.51
-1.18
0.66
2.55
5.56
10.8
6.71
6.66
7.58
Basic EPS, GAAP
-12.16
-8.67
-3.19
2.32
4.06
3.52
2.73
2.65
2.91
2.9
3.42
5.31
4.37
6
5.16
-1.47
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
5.77
5.54
3.59
4.56
3.97
4.48
1.55
0.46
4
3.36
6.8
9.7
15.49
22.37
29.22
33.67
- -
Book Value per Share
5.77
5.54
3.58
4.55
3.96
4.36
1.45
0.36
3.9
3.26
6.69
9.59
15.39
22.27
29.1
33.55
- -
Tangible Book Value per Share
10,900
10,900
11,966
13,986
14,360
14,956
17,321
19,285
19,285
19,285
19,285
19,285
19,285
19,285
19,285
19,285
19,378
Basic Weighted Avg Shares
21,352
40,898
67,748
154,499
187,962
254,982
225,713
202,718
238,434
264,127
261,510
276,549
380,230
500,511
561,318
541,522
596,856
Sales/Revenue/Turnover
49.97
21.83
-3.11
17.27
18.07
24.21
14.71
15.66
13.09
12.39
22.3
25.94
17.38
29.46
31.33
29.07
30.27
Operating Margin (%)
1,886
5,904
12,897
22,185
20,606
26,658
26,724
26,987
27,506
30,065
32,017
31,175
33,037
39,313
43,089
45,645
45,384
Depreciation Expense
5,136
-2,873
-22,950
-2,905
-8,156
5,508
-61,741
-21,029
-9,844
-22,748
12,700
49,116
107,266
208,288
129,388
128,343
146,872
Net Income, GAAP
36.89
86,717.65
- -
- -
- -
- -
- -
- -
- -
- -
44.51
25.32
- -
- -
22.07
16.31
16.82
Effective Tax Rate (%)
24.05
-7.02
-33.88
-1.88
-4.34
2.16
-27.35
-10.37
-4.13
-8.61
4.86
17.76
28.21
41.62
23.05
23.7
24.61
Profit Margin (%)
-25,239
-73,501
-105,618
-111,847
-73,448
-98,208
-121,422
-140,813
-49,573
-35,960
-10,850
-9,156
18,084
97,979
98,882
83,599
- -
Working Capital
216,878
295,848
331,916
331,315
349,214
354,176
366,506
345,599
364,103
446,592
399,682
378,113
336,220
265,536
286,024
437,274
- -
LT Debt
68,536
66,003
42,934
65,434
56,985
74,679
29,879
8,893
77,123
64,805
131,126
187,034
298,757
431,450
576,736
664,019
- -
Total Equity
2.84
-2,011.97
- -
- -
- -
- -
- -
- -
- -
- -
5.04
7.89
- -
- -
15.56
11.95
- -
Return on Invested Capital (%)
2.87
-1,554.85
- -
- -
- -
- -
- -
- -
- -
- -
6.05
11.73
- -
- -
17.78
13.92
- -
Return on Capital (%)
8.51
-4.66
-44.41
-5.36
-13.33
8.37
-118.1
-108.48
-22.89
-32.06
12.96
30.87
44.16
57.05
26.01
21.16
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
107,914
- -
LT Borrowings
- -
426,781
- -
LT Finance Leases
- -
10,493
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19,285
19,285
19,285
Market Capitalization
2,757,518
2,900,997
4,315,336

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
286,881
- -
Cash, Cash Equivalents & STI
- -
23,916
- -
Accounts Receivable, Net
- -
117,914
- -
Inventories
- -
36,235
- -
Total Current Liabilities
- -
203,282
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
107,914
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
91.89%
39.12%
15.13%
Free Cash Flow
-4.25%
-13.6%
-128.53%
Net Income, GAAP
-90.42%
92.12%
-0.81%
Sales/Revenue/Turnover
8.92%
16.7%
-3.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
149,556
133,389
136,712
142,374
561,318
2026
141,092
- -
124,514
142,231
541,522
2027
189,019
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.94
1.66
1.53
1.32
6.71
2026
1.72
- -
1.29
2.08
6.66
2027
2.49
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
Business
Adani Power Limited is an Indian multinational company primarily engaged in the generation, transmission, and distribution of electricity. Its core products and services include thermal power generation through large coal-based power plants; notable facilities include the Mundra Power Plant (4,620 MW) in Gujarat and the Tiroda Power Plant (3,300 MW) in Maharashtra. Adani Power also invests in renewable energy sources, including solar power parks and wind farms located in states such as Gujarat and Rajasthan. Additionally, the company manages high-voltage power transmission infrastructure and operates electricity distribution networks in multiple regions, including Mumbai and parts of Gujarat. Its services further encompass customer billing, metering, and smart grid technology integration to ensure reliable power delivery. The company operates predominantly in India, supplying electricity to industrial, commercial, and residential consumers across several states. Founded in 1996 and headquartered in Ahmedabad, Gujarat, Adani Power is part of the diversified Adani Group. The company also holds subsidiaries such as Mirzapur Thermal Energy and has strategic investments in both domestic and international projects, including a joint venture in Bhutan for hydroelectric development. Recent major developments include the acquisition of Vidarbha Industries Power Limited, a 600 MW coal-based plant in Nagpur, increasing its total operational capacity to approximately 18,150 MW. Adani Power completed the acquisition of a 1,370 MW capacity plant from GMR Chhattisgarh Energy, further consolidating its position as India's largest private-sector thermal power producer. The company is actively expanding its base load power portfolio through multiple brownfield and greenfield ultra-supercritical coal-fired power plants across Madhya Pradesh, Chhattisgarh, Rajasthan, and Uttar Pradesh. Adani Power received government approval to integrate its Godda plant with the Indian grid, enabling domestic power supply beyond Bangladesh. The company formed a joint venture to develop a hydroelectric project in Bhutan and signed memorandums of understanding for sustainable power generation, including exploring ammonia co-firing technologies to reduce carbon emissions in coal plants. Furthermore, it is constructing a 3,200 MW ultra-supercritical thermal power plant for Assam Power Distribution Company, with phased commissioning scheduled from 2030. These expansions and acquisitions, alongside efforts in regulatory clarity and long-term power purchase agreements (PPAs), have positioned the company for robust growth and earnings visibility, targeting a substantial increase in capacity and market share across India's power sector. Adani Power's operations exemplify a comprehensive approach combining traditional coal-based generation with renewable energy integration and infrastructure development, supporting India's national energy goals and industrial growth. Founded in 1996 and headquartered in Ahmedabad, Gujarat, Adani Power Limited operates within the power generation, transmission, and distribution industry, serving a broad customer base across India while advancing into international markets through strategic partnerships.