Nifty
Sensex
:
:
25725.40
83450.96
42.65 (0.17%)
173.81 (0.21%)

Power Generation/Distribution

Rating :
57/99

BSE: 533096 | NSE: ADANIPOWER

144.35
17-Feb-2026
  • Open
  • High
  • Low
  • Previous Close
  •  142.54
  •  145
  •  141.58
  •  142.77
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  11021261
  •  1585474611.89
  •  182.7
  •  92.4

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,78,374.57
  • 24.30
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,15,337.22
  • N/A
  • 4.57

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 74.96%
  • 0.41%
  • 5.56%
  • FII
  • DII
  • Others
  • 11.64%
  • 3.41%
  • 4.02%

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
  • 8.83
  • 14.97
  • 14.50

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.53
  • 8.82
  • 4.46

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.52
  • 10.76
  • 10.55

Earnings Forecasts:

(Updated: 14-02-2026)
Description
2024
2025
2026
2027
Adj EPS
6.46
5.65
6.91
8.26
P/E Ratio
22.35
25.55
20.89
17.48
Revenue
56203.1
55299.3
63183.8
74364
EBITDA
21305.4
21207.5
24759.8
30303.2
Net Income
12938.8
11409.8
13227
15832.5
ROA
12.61
P/B Ratio
5.22
4.16
3.40
2.82
ROE
25.85
17.84
17.6
17.25
FCFF
7417.97
21658.3
40464.1
60235.9
FCFF Yield
2.26
6.61
12.35
18.38
Net Debt
32337.3
41757
61142.8
81728.3
BVPS
27.63
34.69
42.45
51.17

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
12,451.44
13,671.18
-8.92%
13,456.84
13,338.88
0.88%
14,109.15
14,955.63
-5.66%
14,237.40
13,363.69
6.54%
Expenses
8,213.37
8,648.26
-5.03%
8,306.55
8,063.30
3.02%
8,423.87
8,761.32
-3.85%
9,424.77
8,513.95
10.70%
EBITDA
4,238.07
5,022.92
-15.63%
5,150.29
5,275.58
-2.37%
5,685.28
6,194.31
-8.22%
4,812.63
4,849.74
-0.77%
EBIDTM
34.04%
36.74%
38.27%
39.55%
40.30%
41.42%
33.80%
36.29%
Other Income
543.26
1,162.26
-53.26%
850.95
723.96
17.54%
464.55
518.32
-10.37%
298.20
517.83
-42.41%
Interest
701.01
956.53
-26.71%
841.63
806.87
4.31%
856.93
811.49
5.60%
764.90
819.60
-6.67%
Depreciation
1,135.30
1,170.01
-2.97%
1,193.41
1,058.59
12.74%
1,088.59
995.63
9.34%
1,084.65
990.03
9.56%
PBT
2,945.02
4,058.64
-27.44%
3,966.20
4,134.08
-4.06%
4,204.31
4,905.51
-14.29%
3,261.28
3,557.94
-8.34%
Tax
456.93
1,118.57
-59.15%
1,059.74
836.56
26.68%
899.18
992.72
-9.42%
662.05
820.70
-19.33%
PAT
2,488.09
2,940.07
-15.37%
2,906.46
3,297.52
-11.86%
3,305.13
3,912.79
-15.53%
2,599.23
2,737.24
-5.04%
PATM
19.98%
21.51%
21.60%
24.72%
23.43%
26.16%
18.26%
20.48%
EPS
1.29
1.59
-18.87%
1.53
1.73
-11.56%
1.76
2.03
-13.30%
1.37
1.42
-3.52%

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
54,254.83
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
219.02
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
54,035.81
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
99.60%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
34,368.56
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
19,886.27
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
36.65%
37.91%
36.11%
25.91%
35.42%
33.06%
21.48%
20.74%
26.60%
26.41%
34.47%
Other Income
2,156.96
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
3,164.47
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
4,501.95
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
14,376.81
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
3,077.90
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
21.41%
22.07%
-0.18%
-39.77%
25.32%
44.51%
-0.43%
-0.88%
0.25%
1.37%
-46.99%
PAT
11,298.91
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
11,454.19
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
155.28
189.16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
20.83%
23.02%
41.37%
27.67%
17.72%
4.84%
-8.59%
-4.12%
-10.21%
-27.30%
2.16%
PAT Growth
-12.33%
-37.88%
94.18%
118.39%
286.74%
-
-
-
-
-
 
EPS
5.86
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
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
1,800.97
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.
2,137.37
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
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

News Update:


  • 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 - Quarterly Results
    30th Jan 2026, 00:00 AM

    Read More
  • Adani Power reports 19% fall in Q3 consolidated net profit
    29th Jan 2026, 14:21 PM

    Total consolidated income of the company decreased by 12.39% at Rs 12994.70 crore for Q3FY26

    Read More
  • Adani Power raises Rs 7500 crore via NCDs
    28th Jan 2026, 12:58 PM

    The management committee of the Board in its meeting held on January 27, 2026 has allotted the same

    Read More
  • Adani Power gets LoA from Assam Power Distribution Company
    14th Nov 2025, 09:28 AM

    The project shall be commissioned in a phased manner starting December 2030 with full commissioning by December 2032

    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.