Adani Power
Market Cap
₹208.7b
Last Updated
2021/01/16 12:24 UTC
Data Sources
Company Financials +
Executive Summary
Adani Power Limited engages in the generation and transmission of electricity under long term power purchase agreements and on merchant basis in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Adani Power's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADANIPOWER is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ADANIPOWER's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
Market Performance
7 Day Return
1.2%
ADANIPOWER
-2.8%
IN Renewable Energy
-0.3%
IN Market
1 Year Return
-16.3%
ADANIPOWER
43.3%
IN Renewable Energy
15.9%
IN Market
Return vs Industry: ADANIPOWER underperformed the Indian Renewable Energy industry which returned 43.8% over the past year.
Return vs Market: ADANIPOWER underperformed the Indian Market which returned 15.9% over the past year.
Shareholder returns
| ADANIPOWER | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | -2.8% | -0.3% |
| 30 Day | 14.6% | -4.1% | 4.9% |
| 90 Day | 50.3% | 30.1% | 24.5% |
| 1 Year | -16.3%-16.3% | 48.2%43.3% | 18.0%15.9% |
| 3 Year | 42.2%42.2% | -21.0%-29.1% | 9.7%4.4% |
| 5 Year | 95.0%95.0% | 5.9%-9.2% | 82.1%68.4% |
Long-Term Price Volatility Vs. Market
How volatile is Adani Power's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall St
Some Adani Power (NSE:ADANIPOWER) Shareholders Are Down 34%9 months ago | Simply Wall St
Does Adani Power (NSE:ADANIPOWER) Have A Healthy Balance Sheet?10 months ago | Simply Wall St
Independent & Non-Executive Director Raminder Gujral Just Bought Shares In Adani Power Limited (NSE:ADANIPOWER)Valuation
Is Adani Power undervalued compared to its fair value and its price relative to the market?
45.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADANIPOWER (₹54.1) is trading below our estimate of fair value (₹99.55)
Significantly Below Fair Value: ADANIPOWER is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ADANIPOWER is unprofitable, so we can't compare its PE Ratio to the IN Renewable Energy industry average.
PE vs Market: ADANIPOWER is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADANIPOWER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADANIPOWER is overvalued based on its PB Ratio (1.8x) compared to the IN Renewable Energy industry average (0.5x).
Next Steps
Future Growth
How is Adani Power forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
14.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADANIPOWER is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7%).
Earnings vs Market: ADANIPOWER is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ADANIPOWER's is expected to become profitable in the next 3 years.
Revenue vs Market: ADANIPOWER's revenue (3.7% per year) is forecast to grow slower than the Indian market (11.7% per year).
High Growth Revenue: ADANIPOWER's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADANIPOWER is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Adani Power performed over the past 5 years?
-9.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADANIPOWER is currently unprofitable.
Growing Profit Margin: ADANIPOWER is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ADANIPOWER is unprofitable, and losses have increased over the past 5 years at a rate of 9.8% per year.
Accelerating Growth: Unable to compare ADANIPOWER's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ADANIPOWER is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-10.5%).
Return on Equity
High ROE: ADANIPOWER has a negative Return on Equity (-4.05%), as it is currently unprofitable.
Next Steps
Financial Health
How is Adani Power's financial position?
Financial Position Analysis
Short Term Liabilities: ADANIPOWER's short term assets (₹178.2B) do not cover its short term liabilities (₹182.9B).
Long Term Liabilities: ADANIPOWER's short term assets (₹178.2B) do not cover its long term liabilities (₹477.9B).
Debt to Equity History and Analysis
Debt Level: ADANIPOWER's debt to equity ratio (442%) is considered high.
Reducing Debt: ADANIPOWER's debt to equity ratio has reduced from 931.3% to 442% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ADANIPOWER has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ADANIPOWER is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.3% per year.
Next Steps
Dividend
What is Adani Power current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADANIPOWER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADANIPOWER's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ADANIPOWER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADANIPOWER's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ADANIPOWER's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Anil Sardana (61 yo)
0.50
Tenure
Mr. Anil Kumar Sardana, B.E. (Electrical), AICWA, PGDBM, has been Managing Director and Non-Executive Director at Adani Power Limited since July 11, 2020. Mr. Sardana has been Managing Director, Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 15.08yrs | no data | 0% ₹ 0 | |
| Company Secretary & Compliance Officer | 5.42yrs | ₹4.82m | no data | |
| MD & Non-Executive Director | 0.50yr | no data | no data | |
| Chief Financial Officer | 0.50yr | no data | no data | |
| Senior Vice President of Operation Services | no data | ₹1.19m | no data | |
| Chief Information Officer | no data | no data | no data | |
| Senior Vice President of Engineering | 13.42yrs | ₹4.99m | no data | |
| Head of Project | no data | no data | no data | |
| Head of Civil Department at APL & VP | no data | ₹4.10m | no data | |
| Senior Vice President of HVDC & Substation | no data | ₹3.13m | no data | |
| Senior VP and Head Of Operations & Technical Services | no data | no data | no data |
3.0yrs
Average Tenure
60yo
Average Age
Experienced Management: ADANIPOWER's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 15.08yrs | no data | 0% ₹ 0 | |
| MD & Non-Executive Director | 0.50yr | no data | no data | |
| Non Independent Non-Executive Director | 13.58yrs | no data | 0% ₹ 0 | |
| Independent & Non-Executive Director | 2.25yrs | ₹225.00k | no data | |
| Independent & Non-Executive Director | 5.42yrs | ₹500.00k | 0% ₹ 0 | |
| Independent & Non-Executive Director | 2.83yrs | ₹600.00k | 0.00014% ₹ 292.1k |
4.1yrs
Average Tenure
60.5yo
Average Age
Experienced Board: ADANIPOWER's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ADANIPOWER insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Adani Power Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Adani Power Limited
- Ticker: ADANIPOWER
- Exchange: NSEI
- Founded: 1988
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Market Cap: ₹208.660b
- Shares outstanding: 3.86b
- Website: https://www.adanipower.com
Number of Employees
Location
- Adani Power Limited
- Adani Corporate House
- Shantigram
- Ahmedabad
- Gujarat
- 382421
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 533096 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Aug 2009 |
| ADANIPOWER | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Aug 2009 |
Biography
Adani Power Limited engages in the generation and transmission of electricity under long term power purchase agreements and on merchant basis in India. It generates electricity through thermal and solar en...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 12:24 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.