Nifty
:
24894.25
Sensex
:
81207.17
57.95 (0.23%)
223.86 (0.28%)
Nifty
Sensex
:
:
24894.25
81207.17
57.95 (0.23%)
223.86 (0.28%)

Adani Power Ltd.

Power Generation/Distribution

Rating :
56/99

BSE: 533096 | NSE: ADANIPOWER

NSE BSE
147.38
03-Oct-2025
  • Open
  • High
  • Low
  • Previous Close
  •  152.9
  •  153
  •  143.15
  •  152.51
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  124141027
  •  18138346840.54
  •  182.7
  •  86.4

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,84,449.25
  • 23.69
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,16,664.25
  • N/A
  • 4.93

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 74.96%
  • 0.33%
  • 5.45%
  • FII
  • DII
  • Others
  • 12.46%
  • 1.76%
  • 5.04%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.21
  • 16.47
  • 13.17

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.24
  • 19.70
  • 16.23

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 37.12
  • 59.08
  • 6.45

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.31
  • 13.40
  • 12.57

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.59
  • 8.44
  • 4.45

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.31
  • 10.50
  • 9.84

Earnings Forecasts:

(Updated: 27-09-2025)
Description
2024
2025
2026
2027
Adj EPS
6.46
6.42
14
16.34
P/E Ratio
23.61
23.76
10.89
9.33
Revenue
56203.1
58652.1
64127.9
74499.5
EBITDA
21305.4
21644.5
23447.2
28826.9
Net Income
12938.8
12956.3
13761
16162.3
ROA
12.61
13.5
12.6
12.2
P/B Ratio
5.52
4.29
1.66
1.31
ROE
25.85
20.5
17.95
17.31
FCFF
7417.97
14151.5
39290.2
57043.3
FCFF Yield
2.35
4.49
12.46
18.09
Net Debt
32337.3
38545.1
43137.6
48628.9
BVPS
27.63
35.55
91.98
116.38

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
14,109.15
14,955.63
-5.66%
14,237.40
13,363.69
6.54%
13,671.18
12,991.44
5.23%
13,338.88
12,990.58
2.68%
Expenses
8,423.87
8,761.32
-3.85%
9,424.77
8,513.95
10.70%
8,648.26
8,346.10
3.62%
8,063.30
7,819.19
3.12%
EBITDA
5,685.28
6,194.31
-8.22%
4,812.63
4,849.74
-0.77%
5,022.92
4,645.34
8.13%
5,275.58
5,171.39
2.01%
EBIDTM
40.30%
41.42%
33.80%
36.29%
36.74%
35.76%
39.55%
39.81%
Other Income
464.55
518.32
-10.37%
298.20
517.83
-42.41%
1,162.26
363.83
219.45%
723.96
1,945.10
-62.78%
Interest
856.93
811.49
5.60%
764.90
819.60
-6.67%
956.53
796.56
20.08%
806.87
888.44
-9.18%
Depreciation
1,088.59
995.63
9.34%
1,084.65
990.03
9.56%
1,170.01
1,002.23
16.74%
1,058.59
1,004.48
5.39%
PBT
4,204.31
4,905.51
-14.29%
3,261.28
3,557.94
-8.34%
4,058.64
3,210.38
26.42%
4,134.08
5,223.57
-20.86%
Tax
899.18
992.72
-9.42%
662.05
820.70
-19.33%
1,118.57
472.42
136.77%
836.56
-1,370.60
-
PAT
3,305.13
3,912.79
-15.53%
2,599.23
2,737.24
-5.04%
2,940.07
2,737.96
7.38%
3,297.52
6,594.17
-49.99%
PATM
23.43%
26.16%
18.26%
20.48%
21.51%
21.08%
24.72%
50.76%
EPS
1.76
2.03
-13.30%
1.37
1.42
-3.52%
1.59
1.42
11.97%
1.73
3.42
-49.42%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
55,356.61
56,203.09
50,351.25
38,773.30
27,711.18
26,221.48
26,467.72
23,884.18
20,304.28
22,615.51
25,532.17
Net Sales Growth
1.94%
11.62%
29.86%
39.92%
5.68%
-0.93%
10.82%
17.63%
-10.22%
-11.42%
 
Cost Of Goods Sold
355.88
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
55,000.73
56,203.09
50,351.25
38,773.30
27,711.18
26,221.48
26,467.72
23,884.18
20,304.28
22,615.51
25,532.17
GP Margin
99.36%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
34,560.20
34,897.65
32,170.55
28,728.64
17,897.02
17,552.96
20,782.42
18,930.35
14,903.40
16,643.86
16,730.04
Power & Fuel Cost
-
31,089.33
29,178.89
26,214.60
15,950.54
15,810.76
18,669.31
17,199.65
13,581.43
15,400.15
15,313.87
% Of Sales
-
55.32%
57.95%
67.61%
57.56%
60.30%
70.54%
72.01%
66.89%
68.10%
59.98%
Employee Cost
-
784.40
643.70
569.99
470.31
431.54
426.82
363.28
353.74
360.89
358.75
% Of Sales
-
1.40%
1.28%
1.47%
1.70%
1.65%
1.61%
1.52%
1.74%
1.60%
1.41%
Manufacturing Exp.
-
1,401.03
1,113.84
973.92
872.66
802.47
769.85
433.39
480.37
472.11
456.52
% Of Sales
-
2.49%
2.21%
2.51%
3.15%
3.06%
2.91%
1.81%
2.37%
2.09%
1.79%
General & Admin Exp.
-
559.74
472.04
454.72
239.77
287.59
454.85
222.92
250.77
325.62
351.26
% Of Sales
-
1.00%
0.94%
1.17%
0.87%
1.10%
1.72%
0.93%
1.24%
1.44%
1.38%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
154.84
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0.61%
Miscellaneous Exp.
-
1,063.15
762.08
515.41
363.74
220.60
461.59
711.11
237.09
85.09
154.84
% Of Sales
-
1.89%
1.51%
1.33%
1.31%
0.84%
1.74%
2.98%
1.17%
0.38%
0.37%
EBITDA
20,796.41
21,305.44
18,180.70
10,044.66
9,814.16
8,668.52
5,685.30
4,953.83
5,400.88
5,971.65
8,802.13
EBITDA Margin
37.57%
37.91%
36.11%
25.91%
35.42%
33.06%
21.48%
20.74%
26.60%
26.41%
34.47%
Other Income
2,648.97
2,702.74
9,930.23
4,267.22
3,975.29
1,928.20
1,374.09
2,477.45
789.15
418.96
201.58
Interest
3,385.23
3,339.79
3,388.09
3,333.50
4,094.78
5,106.33
5,314.82
5,656.52
5,570.23
5,901.73
5,963.17
Depreciation
4,401.84
4,308.88
3,931.33
3,303.68
3,117.54
3,201.65
3,006.50
2,750.62
2,698.72
2,672.36
2,665.82
PBT
15,658.31
16,359.51
20,791.51
7,674.70
6,577.13
2,288.74
-1,261.93
-975.86
-2,078.92
-2,183.48
374.72
Tax
3,516.36
3,609.90
-37.28
-3,051.94
1,665.55
1,018.76
9.85
8.54
-5.15
-86.07
-176.08
Tax Rate
22.46%
22.07%
-0.18%
-39.77%
25.32%
44.51%
-0.43%
-0.88%
0.25%
1.37%
-46.99%
PAT
12,141.95
12,938.77
20,828.79
10,726.64
4,911.58
1,269.98
-2,274.77
-984.40
-2,073.77
-6,174.10
550.80
PAT before Minority Interest
12,410.84
12,749.61
20,828.79
10,726.64
4,911.58
1,269.98
-2,274.77
-984.40
-2,073.77
-6,174.10
550.80
Minority Interest
268.89
189.16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
21.93%
23.02%
41.37%
27.67%
17.72%
4.84%
-8.59%
-4.12%
-10.21%
-27.30%
2.16%
PAT Growth
-24.03%
-37.88%
94.18%
118.39%
286.74%
-
-
-
-
-
 
EPS
31.48
33.55
54.00
27.81
12.73
3.29
-5.90
-2.55
-5.38
-16.01
1.43

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
56,347.09
43,145.03
29,875.66
18,703.44
13,112.59
-2,134.56
-287.71
889.33
2,999.56
7,467.86
Share Capital
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
3,333.94
Total Reserves
52,490.15
39,288.09
26,018.72
14,846.50
9,255.65
-5,991.50
-4,144.65
-2,967.61
-857.38
4,133.92
Non-Current Liabilities
38,803.02
33,014.73
38,201.02
46,133.91
46,965.96
58,970.41
50,112.51
40,614.70
42,854.54
42,285.10
Secured Loans
27,129.02
26,410.52
26,743.52
31,043.24
30,980.87
31,643.80
27,695.63
29,847.25
32,466.13
31,790.45
Unsecured Loans
517.94
184.49
6,959.08
6,828.08
8,976.13
21,537.54
16,714.64
4,712.60
4,184.48
3,627.10
Long Term Provisions
339.64
237.45
226.95
220.87
86.95
88.43
61.48
59.84
36.93
34.28
Current Liabilities
16,440.99
15,788.67
17,744.59
17,143.67
18,727.35
18,201.31
18,163.15
28,044.72
25,665.51
26,045.94
Trade Payables
2,977.66
3,608.63
3,079.45
3,508.21
3,803.13
5,596.05
6,361.74
7,626.37
7,399.75
6,232.21
Other Current Liabilities
4,245.87
5,757.40
8,971.43
5,721.06
5,135.02
4,721.88
4,645.18
5,841.28
5,663.23
6,369.64
Short Term Borrowings
9,087.36
6,396.95
5,671.58
7,240.37
9,683.32
7,801.81
7,073.53
14,560.34
12,580.00
13,435.69
Short Term Provisions
130.10
25.69
22.13
674.03
105.88
81.57
82.70
16.73
22.53
8.40
Total Liabilities
1,12,917.57
91,948.43
85,821.27
81,981.02
78,805.91
75,037.16
67,987.95
69,548.75
71,519.61
75,798.90
Net Block
69,248.76
63,015.85
50,746.44
53,274.21
52,851.30
55,845.81
50,418.76
52,137.14
54,390.93
56,941.22
Gross Block
1,01,061.62
90,709.26
74,608.79
73,944.96
70,463.92
70,276.88
61,860.22
60,836.24
60,402.03
60,283.23
Accumulated Depreciation
31,812.86
27,693.41
23,862.35
20,670.75
17,612.62
14,431.07
11,441.46
8,699.10
6,011.10
3,342.01
Non Current Assets
86,588.34
66,361.85
66,268.27
65,752.95
61,163.56
60,431.82
54,782.07
55,585.32
57,984.67
59,573.72
Capital Work in Progress
12,104.42
925.12
12,879.54
10,269.74
6,439.42
2,346.77
350.08
119.86
124.61
87.92
Non Current Investment
59.51
0.01
42.51
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Long Term Loans & Adv.
4,866.29
1,916.38
1,190.96
1,068.32
1,442.56
1,713.60
3,242.19
2,823.29
3,221.11
2,306.40
Other Non Current Assets
260.67
504.49
703.88
1,140.67
430.27
525.63
771.03
505.02
248.01
238.17
Current Assets
26,313.45
25,586.58
19,553.00
16,228.07
17,642.35
14,605.34
13,205.88
13,963.43
13,534.94
16,225.18
Current Investments
1,037.70
373.50
611.54
183.24
20.09
2.79
2.71
0.00
164.32
0.05
Inventories
3,317.28
4,142.10
3,075.20
2,258.27
2,025.11
2,522.77
1,224.08
873.98
1,760.41
1,619.20
Sundry Debtors
13,022.07
11,677.48
11,529.36
9,560.92
11,839.28
8,366.47
8,550.99
6,069.81
7,704.34
12,476.60
Cash & Bank
6,119.88
7,211.76
1,873.65
2,364.68
1,607.32
1,979.31
915.88
856.61
604.17
868.70
Other Current Assets
2,816.52
297.78
452.57
263.47
2,150.55
1,734.00
2,512.22
6,163.03
3,301.70
1,260.63
Short Term Loans & Adv.
2,137.37
1,883.96
2,010.68
1,597.49
1,059.90
875.22
872.64
936.74
844.03
1,173.86
Net Current Assets
9,872.46
9,797.91
1,808.41
-915.60
-1,085.00
-3,595.97
-4,957.27
-14,081.29
-12,130.57
-9,820.76
Total Assets
1,12,901.79
91,948.43
85,821.27
81,981.02
78,805.91
75,037.16
67,987.95
69,548.75
71,519.61
75,798.90

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
21,501.11
14,170.15
8,430.53
10,232.73
7,014.35
5,597.55
5,610.38
5,101.15
4,725.20
5,257.21
PBT
16,359.51
20,791.51
7,674.70
6,577.13
2,288.74
-2,264.92
-975.86
-2,078.92
-6,260.17
374.72
Adjustment
5,590.04
-2,113.86
2,185.08
3,575.33
6,376.58
8,363.37
6,515.45
7,520.30
11,723.24
8,085.32
Changes in Working Capital
-440.10
-4,450.08
-1,350.60
304.61
-1,645.42
-443.08
79.55
-327.03
-734.33
-3,199.15
Cash after chg. in Working capital
21,509.45
14,227.57
8,509.18
10,457.07
7,019.90
5,655.37
5,619.14
5,114.35
4,728.74
5,260.89
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-8.34
-57.42
-78.65
-224.34
-5.55
-57.82
-8.76
-13.20
-3.54
-3.68
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-17,142.05
3,482.32
1,544.43
572.11
-2,187.57
-2,328.11
-984.24
-520.43
-1,212.04
-3,688.30
Net Fixed Assets
-4,610.97
-17,165.38
-359.40
-69,446.21
-2.92
-1.82
4.31
24,790.30
-68.00
-1,472.23
Net Investments
-2,350.10
4,393.64
-1,539.98
14,525.15
-1,142.40
-1,059.35
-9,388.82
-27.69
-78.31
-2,034.65
Others
-10,180.98
16,254.06
3,443.81
55,493.17
-1,042.25
-1,266.94
8,400.27
-25,283.04
-1,065.73
-181.42
Cash from Financing Activity
-5,175.45
-16,864.03
-10,408.46
-10,337.86
-5,654.84
-2,377.18
-4,663.44
-4,600.11
-3,538.93
-2,712.95
Net Cash Inflow / Outflow
-816.39
788.44
-433.50
466.98
-828.06
892.26
-37.30
-19.39
-25.77
-1,144.04
Opening Cash & Equivalents
1,136.25
349.23
782.37
113.04
941.10
24.54
61.62
81.01
106.78
254.63
Closing Cash & Equivalent
319.86
1,136.25
349.23
782.37
113.04
941.10
24.54
61.62
81.01
106.78

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
29.22
22.37
77.46
48.49
34.00
-5.53
-0.75
2.31
7.78
22.40
ROA
12.45%
23.43%
12.78%
6.11%
1.65%
-3.18%
-1.43%
-2.94%
-8.38%
0.82%
ROE
25.63%
57.05%
44.16%
30.87%
23.14%
0.00%
-327.25%
-106.65%
-117.97%
8.45%
ROCE
22.87%
32.30%
15.77%
16.05%
11.63%
5.24%
8.63%
6.39%
-0.62%
11.47%
Fixed Asset Turnover
0.59
0.61
0.52
0.38
0.37
0.40
0.39
0.33
0.37
0.46
Receivable days
80.20
84.11
99.27
140.94
140.63
116.65
111.72
123.81
162.85
114.12
Inventory Days
24.22
26.16
25.10
28.21
31.65
25.84
16.03
23.68
27.27
23.22
Payable days
0.00
0.00
0.00
0.00
0.00
87.11
102.74
106.83
70.44
52.07
Cash Conversion Cycle
104.42
110.27
124.37
169.15
172.28
55.38
25.01
40.65
119.69
85.28
Total Debt/Equity
0.68
0.80
1.41
2.61
4.00
-29.90
-191.09
59.41
17.50
7.06
Interest Cover
5.90
7.14
3.30
2.61
1.45
0.57
0.83
0.63
-0.06
1.06

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Adani Power signs PSA with Bihar government for supply of 2400 MW of power
    13th Sep 2025, 17:23 PM

    The agreement is for supply of 2,400 MW of power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar

    Read More
  • Adani Power bags LoA for additional 800 MW ultra-supercritical thermal power project in MP
    11th Sep 2025, 11:17 AM

    The company has received one more Letter of Award from MP Power Management Company

    Read More
  • Adani Power, DGPC ink pact to set up 570 MW hydro power project in Bhutan
    6th Sep 2025, 11:35 AM

    The Wangchhu project will see an investment of about Rs 6000 crore in setting up the renewable energy power plant and related infrastructures

    Read More
  • Adani Power receives approval to commence operations at Dhirauli Mine in Madhya Pradesh
    3rd Sep 2025, 14:51 PM

    This significant development will provide Adani Power with enhanced raw material security, reinforcing its leadership position in the sector

    Read More
  • Adani Power receives LoA for new 800 MW Ultra-supercritical thermal power plant in MP
    1st Sep 2025, 09:15 AM

    The company will invest around Rs 10,500 crore towards setting up the plant and related infrastructure

    Read More
  • Adani Power receives LoA from Bihar State Power Generation Company
    29th Aug 2025, 09:14 AM

    BSPGCL awarded the LoA to the company on behalf of North Bihar Power Distribution Company and South Bihar Power Distribution Company, the two state utilities

    Read More
  • Adani Power gets LoI to develop, operate of 2,400 MW greenfield thermal power plant in Bihar
    7th Aug 2025, 09:09 AM

    The company will supply power from a greenfield 3x800 MW Ultra-supercritical power plant, to be set up under the design, build, finance, own, and operate model

    Read More
  • Adani Power reports 13% fall in Q1 consolidated net profit
    2nd Aug 2025, 16:45 PM

    The consolidated total income of the company increased by 5.82% at Rs 14573.70 crore for Q1FY26

    Read More
  • Adani Power - Quarterly Results
    1st Aug 2025, 12:39 PM

    Read More
  • Adani Power completes acquisition of Vidarbha Industries Power
    8th Jul 2025, 10:42 AM

    VIPL is a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.