ADANIPOWER

Adani Power Ltd.

NSE: ADANIPOWER

BSE: 533096

Sector: Power

Industry Group: Power

Industry: Integrated Power Utilities

195.15+9.2 (+4.94%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

89.8 / 100

Value Score

44.0 / 100

Price Momentum Score

68.7 / 100

QVM Score

85.2 / 100

Key Metrics

Market Cap

3,76,341 Cr

P/E (TTM)

26.40

P/B

5.80

P/S (TTM)

6.38

EV/EBITDA

19.42

CAPE (5Y)

28.35

ROE (TTM)

21.16

ROCE (TTM)

13.97

ROA (TTM)

10.06

Avg 3Y ROE

34.74

Earnings 3Y CAGR

-0.11

Sales 3Y CAGR

17.86

Sales 5Y CAGR

16.43

Debt/Equity

0.84

Consensus TP

250.00

Strong Buy %

54.55

Promoter Holding

74.96

Pledged %

1.81

Stock Analysis

Fundamental analysis overview of Adani Power Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

High and stable operating margin

The company reported strong operating margin of 29.52% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -10 bps from 1 year ago

What is Operating profit margin?

Moderate EPS growth and above median growth of industry

The company delivered moderate EPS growth of 15.32% for 12-month ended 30 Jun 2026 and the growth was 11.5 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.84 as on 30 Jun 2026 and Debt to Equity increased marginally by 0.14 in the last 1 year

What is Debt to Equity?

Negative

Expensive and at same valuation levels as industry median P/E

PE TTM of 26.4 indicates that the stock is expensive on a standalone basis. Discount to industry median P/E is modest at -1.82%

What is P/E Ratio?

Median: 26.89

Value 26.4

0.6983.22

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -4.19% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

High ROE but declining trend

The company reported strong ROE of 21.16% for 12-month ended 30 Jun 2026 but ROE declined by -484 bps from 1 year ago

What is ROE (FY)?

Low revenue growth but above median growth of industry

The company delivered low revenue growth of 6.64% for 12-month ended 30 Jun 2026 but the growth was 3.58 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 3.06

Value 6.64

-6.418.72

Company's earnings are of moderate quality

Earnings quality score of 62.9 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

62.9 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Adani Power Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Adani Power Ltd. Shareholding Pattern

Quarterly breakdown of Adani Power Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Total Promoter	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.97	70.02	71.75	71.75	72.71	74.96	74.96	74.96	74.96	74.96	74.96	74.96	74.96	74.96
Indian Promoter	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	46.64	47.20	47.20	47.20	47.20	47.20	47.20	47.20	47.20	47.85
Foreign Promoter	28.33	28.33	28.33	28.33	28.33	28.33	28.33	28.33	28.33	28.33	28.33	28.33	28.33	28.33	23.38	25.11	25.11	26.07	27.76	27.76	27.76	27.76	27.76	27.76	27.76	27.76	27.11
Institutions	20.67	20.15	18.38	18.89	18.60	17.07	16.70	16.56	16.87	17.56	13.23	12.88	11.71	11.99	18.27	17.04	17.32	16.16	14.19	13.95	14.02	14.22	14.22	15.06	15.43	15.84	15.50
Mutual Funds / UTI	0.92	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.01	0.04	0.74	1.17	1.39	1.41	1.51	1.60	1.64	1.76	2.69	3.39	3.62	3.92	4.31
FI/Bank/Insurance	1.62	1.61	0.00	1.56	1.56	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.02	0.02	0.01	0.00	0.00	0.00	0.01	0.02	0.03	0.11	0.11
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	12.35	12.74	12.59	11.54	11.49	11.51	16.70	11.00	11.31	12.53	13.23	12.88	11.70	11.95	17.51	15.86	15.91	14.73	12.66	12.34	12.36	12.46	11.53	11.64	11.73	11.76	11.03
Other Institutions	11.56	11.56	5.78	11.56	11.12	5.56	5.56	5.56	5.56	10.06	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.04	0.05
Non-Institution	4.35	4.88	6.65	6.14	6.43	7.96	8.33	8.46	8.15	7.47	11.80	12.15	13.32	13.04	11.72	11.20	10.93	11.13	10.85	11.09	11.03	10.82	10.81	9.99	9.62	9.20	9.54
Bodies Corporate	0.47	0.66	0.77	0.30	0.27	0.32	0.33	0.28	0.40	0.26	0.25	0.28	0.26	0.39	0.62	0.39	0.37	0.26	0.27	0.28	0.29	0.33	0.36	0.41	0.45	0.33	0.41
Others (incl. Retail) No. of shareholders	3.88 3,02,883	4.22 3,33,368	5.88 3,39,333	5.84 4,29,962	6.16 5,54,643	7.64 9,80,371	8.00 10,04,388	8.18 11,41,509	7.75 11,73,611	7.21 15,01,181	11.55 14,75,211	11.87 14,86,613	13.06 17,88,863	12.65 16,68,275	11.10 15,01,584	10.81 14,58,971	10.56 14,24,299	10.87 17,88,165	10.58 17,40,547	10.81 18,83,449	10.74 18,89,022	10.49 18,11,895	10.45 20,10,341	9.58 21,45,528	9.17 20,84,098	8.87 21,12,757	9.13 21,76,613

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Power	14.39%	2 / 21
2	Nifty 200 Momentum 30	4.62%	7 / 30
3	Nifty 500 Momentum 50	4.48%	5 / 50
4	Nifty Next 50	3.48%	5 / 50
5	Nifty Alpha 50	1.58%	24 / 50
6	Nifty 100 Equal Weight	1.01%	23 / 100
7	Nifty 100	0.66%	46 / 100
8	Nifty 500	0.44%	46 / 496
9	Nifty Total Market	0.43%	46 / 746
10	NIFTY Large Midcap 250	0.33%	101 / 248

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Adani Power Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Hibiscus Trade and Investment Ltd. Promoter Group	August-2024	Market Purchase (Acquisition) 8th Aug 2024	0.24 %	₹ 695.48	31.00 lac	₹ 215.60 cr
Hibiscus Trade and Investment Ltd. Promoter Group	August-2024	Market Purchase (Acquisition) 7th Aug 2024	0.00 %	₹ 701.04	51.00 lac	₹ 357.53 cr
Hibiscus Trade and Investment Ltd. Promoter Group	August-2024	Market Purchase (Acquisition) 7th Aug 2024	0.13 %	₹ 697.08	41.00 lac	₹ 285.80 cr
Ardour Investment Holding Ltd. Promoter Group	September-2023	Market Purchase (Acquisition) 28th Sep 2023	0.00 %	₹ 378.71	90.00 lac	₹ 340.84 cr
Ardour Investment Holding Ltd. Promoter Group	September-2023	Market Purchase (Acquisition) 28th Sep 2023	0.23 %	₹ 374.90	91.00 lac	₹ 341.15 cr
Fortitude Trade and Investment Ltd. Promoter Group	September-2023	Market Purchase (Acquisition) 6th Sep 2023	0.00 %	₹ 341.34	36.00 lac	₹ 122.88 cr
MUKESH SHAH Director	February-2023	Market Purchase (Acquisition) 27th Feb 2023	0.01 %	₹ 147.65	500.00	₹ 73.83 k
MUKESH SHAH Director	February-2023	Market Purchase (Acquisition) 25th Feb 2023	0.01 %	₹ 162.96	1.00 k	₹ 1.63 lac
Flourishing Trade and Investment Ltd Promoter Group	January-2021	Inter-se Transfer (Acquisition) 7th Jan 2021	9.58 %	₹ 49.40	7.26 cr	₹ 358.80 cr
Universal Trade and Investments Ltd Promoter Group	January-2021	Inter-se Transfer (Disposal) 7th Jan 2021	1.88 %	₹ 49.40	7.26 cr	₹ 358.80 cr

Corporate Actions

History of Adani Power Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Stock Split1 : 5
Ex-date: 22nd Sep 2025Announced on: 1st Aug 2025
Nominal value changes from INR 10 to INR 2.

Company Profile

Overview of Adani Power Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Adani Power Limited is an India-based private base load power generation company. The Company has an installed thermal power capacity of approximately 18,150 megawatts (MW) spread over 13 power plants and a 40 MW solar power plant in Gujarat. Its segments include Power Generation and related activit...

Key personnel

Mr. Dilip Kumar Jha

Chief Financial Officer

Mr. Puneet Bansal

Compliance Officer, Company Secretary

Mr. Nishit Dave

Institutional Investors and Research Analysts

Mr. Nishit Dave

Institutional Investors and Research Analysts

Mr. Nishit Dave

Institutional Investors and Research Analysts

Mr. Gautam Shantilal AdaniD

Non-Executive Non-Independent Chairman of the Board, Founder

Mr. Shersingh B. KhyaliaD

Chief Executive Officer, Whole-Time Director

Mr. Anil Kumar SardanaD

Managing Director, Executive Director

View all

Incorporated on

22 Aug 1996

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

3,967

IPO date

20 Aug 2009

Free Float

5,44,91,83,945

Website

https://www.adanipower.com

Phone no.

+917926567555

Address

Adani Corporate House, Shantigram, Near Vaishno Devi Circle,, S. G. Highway, Khodiyar, AHMEDABAD, 382421, India

Frequently Asked Questions

What is the current share price of Adani Power Ltd.?

The current share price of Adani Power Ltd. is ₹ 195.15 as of 14 Oct 2026.

What is the market capitalisation of Adani Power Ltd.?

The market capitalisation of Adani Power Ltd. stands at ₹ 3,76,341.00 Cr.

What is the PE ratio of Adani Power Ltd.?

The Price-to-Earnings (PE) ratio of Adani Power Ltd. is 26.40 as of the latest trailing twelve months data.

What is the ROE and ROCE of Adani Power Ltd.?

Adani Power Ltd. has a Return on Equity (ROE) of 21.16% and a Return on Capital Employed (ROCE) of 13.97% as per the latest financial reports.

What is the 52-week high and low of Adani Power Ltd.?

The 52-week high of Adani Power Ltd. is - and the 52-week low is -.

What is the dividend yield of Adani Power Ltd.?

The dividend yield of Adani Power Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Adani Power Ltd.?

Foreign Institutional Investors (FII) hold 11.03%, Domestic Institutional Investors (DII) hold 4.42% and retail/public investors hold 9.13% of Adani Power Ltd. shares.

What sector does Adani Power Ltd. belong to?

Adani Power Ltd. operates in the Power sector. 90.91% of analysts have a Buy or Strong Buy rating on Adani Power Ltd. with a consensus target price of ₹ 250.00, implying 28.11% upside from current levels.

What is the beta of Adani Power Ltd.?

The beta of Adani Power Ltd. is 1.06, indicating its price volatility relative to the broader market. Over the past 1 year, Adani Power Ltd. has delivered an absolute return of 28.85%.

What is the RSI of Adani Power Ltd.?

The 14-day Relative Strength Index (RSI) of Adani Power Ltd. is 46.14, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Adani Power Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Adani Power Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Company Profile

Corporate Actions

Stock Analysis

Holdings and Presence