Adani Power, 533096, ADANIPOWER Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

4,22,913.35
32.95
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

4,64,781.91
N/A
6.51

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

9.33
15.38
15.38

P:BV (Average)

8 Years
5 Years
3 Years

10.47
8.95
4.62

EV:EBITDA (Average)

8 Years
5 Years
3 Years

10.74
11.09
11.39

Earnings Forecasts:

(Updated: 16-05-2026)

Description 2024 2025 2026 2027
Adj EPS 5.46 6.85 8.31 9.27
P/E Ratio 40.17 32.02 26.39 23.66
Revenue 54655 62481 73057.6 90739.9
EBITDA 20964.8 24131.4 30117.9 37856.7
Net Income 12929.1 15117.3 18364.2 23207.7
ROA 9.43 9.67 10.27
P/B Ratio 6.27 5.17 4.34 3.81
ROE 18.19 17.93 18.09 18.94
FCFF -5234.22 2196.14 2539.23 -10658.3
FCFF Yield -1.14 0.48 0.55 -2.32
Net Debt 42938.9 60567.6 80157.2 97988.5
BVPS 34.97 42.46 50.59 57.5

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var%
Net Sales 11,573.41 12,201.02 -5.14% 10,011.20 12,041.79 -16.86% 11,242.67 11,900.80 -5.53% 12,461.50 13,567.15 -8.15%
Expenses 7,715.25 7,867.84 -1.94% 6,429.08 7,168.78 -10.32% 6,723.88 7,053.05 -4.67% 7,237.70 8,111.80 -10.78%
EBITDA 3,858.16 4,333.18 -10.96% 3,582.12 4,873.01 -26.49% 4,518.79 4,847.75 -6.79% 5,223.80 5,455.35 -4.24%
EBIDTM 33.34% 35.51% 35.78% 40.47% 40.19% 40.73% 41.92% 40.21%
Other Income 2,042.48 388.83 425.29% 586.49 1,205.90 -51.36% 1,076.41 741.06 45.25% 566.32 524.56 7.96%
Interest 969.09 682.68 41.95% 719.46 904.44 -20.45% 856.60 801.98 6.81% 829.82 818.29 1.41%
Depreciation 932.45 957.60 -2.63% 950.73 989.54 -3.92% 949.57 973.79 -2.49% 940.38 957.63 -1.80%
PBT 3,999.10 3,081.73 29.77% 2,498.42 4,184.93 -40.30% 3,789.03 3,813.04 -0.63% 4,019.92 4,203.99 -4.38%
Tax 912.43 723.08 26.19% 451.60 1,149.64 -60.72% 1,054.11 858.48 22.79% 900.66 992.64 -9.27%
PAT 3,086.67 2,358.65 30.87% 2,046.82 3,035.29 -32.57% 2,734.92 2,954.56 -7.43% 3,119.26 3,211.35 -2.87%
PATM 26.67% 19.33% 20.45% 25.21% 24.33% 24.83% 25.03% 23.67%
EPS 1.60 1.22 31.15% 1.06 1.57 -32.48% 1.42 1.53 -7.19% 1.62 1.67 -2.99%

Description Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var%
Net Sales 14,223.09 14,237.40 -0.10% 12,451.44 13,671.18 -8.92% 13,456.84 13,338.88 0.88% 14,109.15 14,955.63 -5.66%
Expenses 9,490.62 9,424.77 0.70% 8,213.37 8,648.26 -5.03% 8,306.55 8,063.30 3.02% 8,423.87 8,761.32 -3.85%
EBITDA 4,732.47 4,812.63 -1.67% 4,238.07 5,022.92 -15.63% 5,150.29 5,275.58 -2.37% 5,685.28 6,194.31 -8.22%
EBIDTM 33.27% 33.80% 34.04% 36.74% 38.27% 39.55% 40.30% 41.42%
Other Income 1,766.00 298.20 492.22% 543.26 1,162.26 -53.26% 850.95 723.96 17.54% 464.55 518.32 -10.37%
Interest 967.26 764.90 26.46% 701.01 956.53 -26.71% 841.63 806.87 4.31% 856.93 811.49 5.60%
Depreciation 1,147.23 1,084.65 5.77% 1,135.30 1,170.01 -2.97% 1,193.41 1,058.59 12.74% 1,088.59 995.63 9.34%
PBT 4,383.98 3,261.28 34.43% 2,945.02 4,058.64 -27.44% 3,966.20 4,134.08 -4.06% 4,204.31 4,905.51 -14.29%
Tax 112.58 662.05 -83.00% 456.93 1,118.57 -59.15% 1,059.74 836.56 26.68% 899.18 992.72 -9.42%
PAT 4,271.40 2,599.23 64.33% 2,488.09 2,940.07 -15.37% 2,906.46 3,297.52 -11.86% 3,305.13 3,912.79 -15.53%
PATM 30.03% 18.26% 19.98% 21.51% 21.60% 24.72% 23.43% 26.16%
EPS 2.08 1.37 51.82% 1.29 1.59 -18.87% 1.53 1.73 -11.56% 1.76 2.03 -13.30%

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 45,288.78 49,710.76 46,456.50 36,681.21 27,711.18 447.17 1,005.32 2,404.20 8,120.87 10,868.11 12,875.27 Net Sales Growth -8.90% 7.00% 26.65% 32.37% 6097.01% -55.52% -58.18% -70.39% -25.28% -15.59% Cost Of Goods Sold 124.66 0.00 0.00 0.00 0.00 0.00 0.00 70.34 -68.53 0.00 0.00 Gross Profit 45,164.12 49,710.76 46,456.50 36,681.21 27,711.18 447.17 1,005.32 2,333.86 8,189.40 10,868.11 12,875.27 GP Margin 99.72% 100% 100% 100% 100% 100% 100% 97.07% 100.84% 100% 100% Total Expenditure 28,105.91 30,201.47 29,788.75 27,362.22 17,874.49 408.07 1,043.73 2,418.00 7,243.74 9,610.68 9,348.95 Power & Fuel Cost - 27,040.78 27,246.55 25,231.41 15,950.54 352.31 909.22 2,218.73 6,891.39 9,008.80 8,566.53 % Of Sales - 54.40% 58.65% 68.79% 57.56% 78.79% 90.44% 92.29% 84.86% 82.89% 66.53% Employee Cost - 687.99 589.12 530.36 470.21 32.88 41.61 40.52 123.35 166.76 189.28 % Of Sales - 1.38% 1.27% 1.45% 1.70% 7.35% 4.14% 1.69% 1.52% 1.53% 1.47% Manufacturing Exp. - 1,123.73 995.67 842.48 872.48 5.32 3.84 2.49 164.33 188.67 174.35 % Of Sales - 2.26% 2.14% 2.30% 3.15% 1.19% 0.38% 0.10% 2.02% 1.74% 1.35% General & Admin Exp. - 433.25 409.53 395.67 237.52 14.44 55.40 35.32 100.46 214.51 236.55 % Of Sales - 0.87% 0.88% 1.08% 0.86% 3.23% 5.51% 1.47% 1.24% 1.97% 1.84% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 145.43 % Of Sales - 0% 0% 0% 0% 0% 0% 0% 0% 0% 1.13% Miscellaneous Exp. - 915.72 547.88 362.30 343.74 3.12 33.66 50.60 32.74 31.94 145.43 % Of Sales - 1.84% 1.18% 0.99% 1.24% 0.70% 3.35% 2.10% 0.40% 0.29% 0.29% EBITDA 17,182.87 19,509.29 16,667.75 9,318.99 9,836.69 39.10 -38.41 -13.80 877.13 1,257.43 3,526.32 EBITDA Margin 37.94% 39.25% 35.88% 25.41% 35.50% 8.74% -3.82% -0.57% 10.80% 11.57% 27.39% Other Income 4,271.70 2,860.35 10,089.28 4,519.98 4,068.32 134.37 910.84 1,065.67 463.18 735.22 522.73 Interest 3,374.97 3,207.39 3,404.40 3,306.80 4,086.92 644.02 1,175.23 1,239.04 2,008.07 3,101.56 2,951.19 Depreciation 3,773.13 3,878.56 3,771.96 3,142.79 3,116.21 32.46 34.77 38.06 860.67 1,120.72 1,137.26 PBT 14,306.47 15,283.69 19,580.67 7,389.38 6,701.88 -503.01 -337.57 -225.23 -1,528.43 -2,229.63 -39.40 Tax 3,318.80 3,723.84 -51.28 -2,856.77 1,665.54 -4.27 0.00 0.00 0.00 -83.23 -135.94 Tax Rate 23.20% 24.36% -0.26% -38.66% 24.85% 0.85% 0.00% 0.00% 0.00% 1.36% 345.03% PAT 10,987.67 11,559.85 19,631.95 10,246.15 5,036.34 -498.74 -1,340.56 -225.23 -23.77 -6,054.34 96.54 PAT before Minority Interest 10,987.67 11,559.85 19,631.95 10,246.15 5,036.34 -498.74 -1,340.56 -225.23 -23.77 -6,054.34 96.54 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 24.26% 23.25% 42.26% 27.93% 18.17% -111.53% -133.35% -9.37% -0.29% -55.71% 0.75% PAT Growth -4.95% -41.12% 91.60% 103.44% - - - - - - EPS 5.70 5.99 10.18 5.31 2.61 -0.26 -0.70 -0.12 -0.01 -3.14 0.05

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 54,240.52 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 -3.49% 11.62% 29.86% 39.92% 5.68% -0.93% 10.82% 17.63% -10.22% -11.42% Cost Of Goods Sold 209.66 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 54,030.86 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 99.61% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 34,434.41 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. - 559.74 472.04 454.72 239.77 287.59 461.03 222.92 250.77 325.62 351.26 % Of Sales - 1.00% 0.94% 1.17% 0.87% 1.10% 1.74% 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. - 1,063.15 762.08 515.41 363.74 220.60 455.41 711.11 237.09 85.09 154.84 % Of Sales - 1.89% 1.51% 1.33% 1.31% 0.84% 1.72% 2.98% 1.17% 0.38% 0.37% EBITDA 19,806.11 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 36.52% 37.91% 36.11% 25.91% 35.42% 33.06% 21.48% 20.74% 26.60% 26.41% 34.47% Other Income 3,624.76 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 3,366.83 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 4,564.53 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 15,499.51 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 2,528.43 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 16.31% 22.07% -0.18% -39.77% 25.32% 44.51% -0.43% -0.88% 0.25% 1.37% -46.99% PAT 12,971.08 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 12,834.30 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 -136.78 189.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 23.91% 23.02% 41.37% 27.67% 17.72% 4.84% -8.59% -4.12% -10.21% -27.30% 2.16% PAT Growth 1.74% -37.88% 94.18% 118.39% 286.74% - - - - - EPS 6.73 6.71 10.80 5.56 2.55 0.66 -1.18 -0.51 -1.08 -3.20 0.29

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 43,392.04 40,216.22 28,223.87 18,463.89 17,085.35 7,175.38 9,127.83 9,539.13 4,673.32 9,024.20 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 39,535.10 36,359.28 24,366.93 14,606.95 13,228.41 3,318.44 5,270.89 5,682.19 816.38 5,690.26 Non-Current Liabilities 38,308.27 32,931.08 29,684.07 37,685.09 1,158.67 11,935.82 16,428.15 2,301.58 20,555.33 18,488.12 Secured Loans 24,526.86 26,410.52 18,019.56 24,426.37 63.81 136.51 179.74 231.82 12,362.57 10,328.59 Unsecured Loans 3,186.29 184.49 6,959.07 6,036.08 866.75 11,591.34 16,194.92 2,012.23 4,864.84 4,391.22 Long Term Provisions 202.23 153.80 148.32 132.38 1.53 2.14 2.49 6.53 12.60 12.28 Current Liabilities 14,982.84 15,789.20 14,924.01 15,617.20 6,164.41 3,419.09 3,372.06 7,866.05 16,533.38 18,035.07 Trade Payables 2,442.48 3,695.08 2,387.38 3,448.56 13.26 712.32 138.52 250.39 4,508.71 3,698.37 Other Current Liabilities 3,750.55 5,681.12 6,851.66 4,389.82 856.75 116.47 867.66 326.33 3,973.54 5,020.96 Short Term Borrowings 8,737.16 6,396.95 5,671.58 7,120.56 5,293.17 2,589.02 2,364.70 7,287.96 8,046.78 9,311.65 Short Term Provisions 52.65 16.05 13.39 658.26 1.23 1.28 1.18 1.37 4.35 4.09 Total Liabilities 96,683.15 88,936.50 72,831.95 71,766.18 24,408.43 22,530.29 28,928.04 19,706.76 41,762.03 45,547.39 Net Block 58,141.66 59,466.96 46,582.79 49,342.28 540.99 570.08 602.77 642.25 22,717.65 23,796.90 Gross Block 89,353.23 86,993.96 70,382.39 70,027.02 764.44 762.06 760.19 764.50 25,486.50 25,448.06 Accumulated Depreciation 31,211.57 27,527.00 23,799.60 20,684.74 223.45 191.98 157.42 122.25 2,768.85 1,651.16 Non Current Assets 73,946.11 64,756.28 55,633.82 56,216.27 23,507.80 22,052.33 28,760.62 16,334.91 37,917.14 37,951.25 Capital Work in Progress 2,993.84 742.14 188.33 184.30 0.67 0.13 0.18 0.18 68.48 38.92 Non Current Investment 3,336.98 1,606.34 6,373.48 4,658.49 19,358.65 18,216.25 17,156.90 7,768.08 7,662.08 7,662.08 Long Term Loans & Adv. 9,233.17 2,649.23 2,001.10 1,138.33 3,594.11 3,251.12 10,562.56 7,671.05 7,294.82 6,278.05 Other Non Current Assets 240.46 291.61 488.12 892.87 13.38 14.75 438.21 253.35 174.11 175.30 Current Assets 22,737.04 24,180.22 17,198.13 15,549.91 112.17 477.96 167.42 3,371.85 3,844.89 7,596.14 Current Investments 992.96 373.50 0.00 175.01 0.00 0.00 0.00 0.00 78.31 0.00 Inventories 2,796.64 3,850.08 2,324.07 2,208.07 2.54 4.06 4.09 74.69 1,084.83 830.86 Sundry Debtors 12,143.05 11,495.09 11,380.93 9,490.01 9.65 366.81 12.27 41.72 1,744.46 5,234.53 Cash & Bank 4,423.09 5,771.47 1,692.34 2,014.95 86.61 101.02 128.80 211.03 337.63 429.50 Other Current Assets 2,381.30 248.79 147.47 241.20 13.37 6.07 22.26 3,044.41 599.66 1,101.25 Short Term Loans & Adv. 1,229.73 2,441.29 1,653.32 1,420.67 5.27 3.59 14.81 2,777.53 465.13 1,060.39 Net Current Assets 7,754.20 8,391.02 2,274.12 -67.29 -6,052.24 -2,941.13 -3,204.64 -4,494.20 -12,688.49 -10,438.93 Total Assets 96,683.15 88,936.50 72,831.95 71,766.18 23,619.97 22,530.29 28,928.04 19,706.76 41,762.03 45,547.39

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 53,290.17 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 49,433.23 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 41,859.94 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 3,574.86 184.49 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 1,800.97 3,242.19 2,823.29 3,221.11 2,306.40 Other Non Current Assets 260.67 504.49 703.88 1,140.67 430.27 438.26 771.03 505.02 248.01 238.17 Current Assets 26,313.45 25,586.58 19,553.00 16,228.07 16,848.83 14,605.34 13,201.68 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 1,357.03 1,734.00 2,508.02 6,163.03 3,301.70 1,260.63 Short Term Loans & Adv. 1,593.75 1,883.96 2,010.68 1,597.49 1,059.90 1,229.59 2,313.41 5,732.17 3,112.40 1,173.86 Net Current Assets 9,872.46 9,797.91 1,808.41 -915.60 -1,878.52 -3,595.97 -4,961.47 -14,081.29 -12,130.57 -9,820.76 Total Assets 1,12,901.79 91,948.43 85,821.27 81,981.02 78,012.39 75,037.16 67,983.75 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 18,453.23 12,975.78 7,933.07 10,263.68 -288.17 94.66 -167.13 -332.53 659.43 1,869.33 PBT 15,283.69 19,580.67 7,389.38 6,701.88 -503.01 -1,340.56 -225.23 -23.77 -6,137.57 -39.40 Adjustment 4,820.76 -2,379.73 1,592.58 3,448.25 513.92 1,330.44 223.72 72.95 7,123.72 3,353.19 Changes in Working Capital -1,646.47 -4,173.96 -973.83 338.27 -311.75 106.01 -162.92 -381.27 -337.29 -1,441.02 Cash after chg. in Working capital 18,457.98 13,026.98 8,008.13 10,488.40 -300.84 95.89 -164.43 -332.09 648.86 1,872.77 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -4.75 -51.20 -75.06 -224.72 12.67 -1.23 -2.70 -0.44 10.57 -3.44 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 -10,810.61 3,144.04 2,823.99 1,386.09 390.10 6,815.68 -8,285.43 -3,512.52 -554.79 -3,236.19 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 -3,849.54 15,915.78 4,723.37 56,307.15 1,535.42 7,876.85 1,099.08 -28,275.13 -408.48 270.69 Cash from Financing Activity -8,041.08 -15,751.44 -11,137.82 -11,182.27 -105.39 -6,907.49 8,456.77 3,845.24 -94.60 1,330.12 Net Cash Inflow / Outflow -398.46 368.38 -380.76 467.50 -3.46 2.85 4.21 0.19 10.04 -36.74 Opening Cash & Equivalents 567.82 198.02 574.52 107.02 7.30 4.45 0.24 52.57 42.53 79.17 Closing Cash & Equivalent 169.36 567.82 193.76 574.52 3.84 7.30 4.45 0.24 52.57 42.53

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.) 22.50 20.85 73.18 47.87 44.30 18.60 23.67 24.73 12.12 27.07 ROA 12.46% 24.27% 14.17% 10.47% -2.13% -5.21% -0.93% -0.08% -13.87% 0.23% ROE 30.30% 57.37% 43.89% 28.33% -4.11% -16.45% -2.41% -0.33% -88.40% 1.16% ROCE 23.70% 33.88% 17.84% 26.24% 0.63% -0.66% 4.25% 7.77% -8.93% 8.62% Fixed Asset Turnover 0.56 0.59 0.52 0.78 0.59 1.32 3.15 0.62 0.43 0.52 Receivable days 86.78 89.87 103.84 62.56 153.64 68.82 4.10 40.14 117.19 94.73 Inventory Days 24.40 24.25 22.55 14.56 2.69 1.48 5.98 26.06 32.17 25.70 Payable days 0.00 0.00 0.00 0.00 0.00 150.44 25.15 70.90 86.36 64.91 Cash Conversion Cycle 111.18 114.12 126.39 77.12 156.34 -80.14 -15.07 -4.70 63.00 55.52 Total Debt/Equity 0.88 0.86 1.16 2.19 0.37 2.00 2.14 1.00 5.84 2.99 Interest Cover 5.77 6.75 3.23 2.64 0.22 -0.14 0.82 0.99 -0.98 0.99

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 27.63 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 28.61% 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 0.78 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

Top Investors:

opal investment pvt ltd

goldman sachs trust ii - goldman sachs gqg partner

sbi equity hybrid fund

gqg partners emerging markets equity fund

quant mutual fund-quant elss tax saver fund

Annual Reports:

News Update:

Adani Power incorporates wholly owned subsidiary
18th May 2026, 09:29 AM

The company has received Certificate of Incorporation on May 16, 2026
Read More
Adani Power - Quarterly Results
30th Apr 2026, 00:00 AM

Read More
Adani Power’s arm incorporates wholly-owned subsidiary
21st Apr 2026, 09:50 AM

The objective of incorporation is to generate, transmit, and distribute power derived from nuclear and/or atomic energy
Read More
Adani Power’s arm incorporates wholly owned subsidiary
20th Apr 2026, 09:27 AM

The objective of incorporation is to generate, transmit, and distribute power derived from nuclear and/or atomic energy
Read More
Adani Power gets LoA from MSEDCL
6th Apr 2026, 16:00 PM

LoA is for supply of 2500 MW RE RTC power for a period of 25 years
Read More
Adani Power secures LoA from MSEDCL for supply of 1,600 MW power
16th Mar 2026, 09:07 AM

The LoA follows Adani Power’s success in a highly competitive bidding process, where the company emerged as the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30/kWh
Read More
Adani Power’s arm secures LoA from TNPDCL
24th Feb 2026, 11:43 AM

MPGL has received LoA from Tamil Nadu Power Distribution Corporation
Read More
Adani Power incorporates wholly owned subsidiary
12th Feb 2026, 09:18 AM

The company has incorporated a WOS, namely, Adani Atomic Energy
Read More

Adani Power Ltd.

Power Generation/Distribution

BSE: 533096 | NSE: ADANIPOWER

Stock Summary

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Adani Power Ltd.

Power Generation/Distribution

BSE: 533096 | NSE: ADANIPOWER

Stock Summary

Shareholding Pattern

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: