NSEI:ADANIPOWER

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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


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

ADANIPOWERIndustryMarket
7 Day1.2%-2.8%-0.3%
30 Day14.6%-4.1%4.9%
90 Day50.3%30.1%24.5%
1 Year-16.3%-16.3%48.2%43.3%18.0%15.9%
3 Year42.2%42.2%-21.0%-29.1%9.7%4.4%
5 Year95.0%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

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

NamePositionTenureCompensationOwnership
Gautambhai Adani
Founder & Chairman15.08yrsno data0%
₹ 0
Deepak Pandya
Company Secretary & Compliance Officer5.42yrs₹4.82mno data
Anil Sardana
MD & Non-Executive Director0.50yrno datano data
Shailesh Sawa
Chief Financial Officer0.50yrno datano data
V. Bhamidipati
Senior Vice President of Operation Servicesno data₹1.19mno data
Bhagwan Kodwani
Chief Information Officerno datano datano data
Om Kalia
Senior Vice President of Engineering13.42yrs₹4.99mno data
Subimal Shome
Head of Projectno datano datano data
Om Bhardwaj
Head of Civil Department at APL & VPno data₹4.10mno data
Ajay Gupta
Senior Vice President of HVDC & Substationno data₹3.13mno data
Manas Rout
Senior VP and Head Of Operations & Technical Servicesno datano datano data

3.0yrs

Average Tenure

60yo

Average Age

Experienced Management: ADANIPOWER's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gautambhai Adani
Founder & Chairman15.08yrsno data0%
₹ 0
Anil Sardana
MD & Non-Executive Director0.50yrno datano data
Rajeshbhai Adani
Non Independent Non-Executive Director13.58yrsno data0%
₹ 0
Gauri Trivedi
Independent & Non-Executive Director2.25yrs₹225.00kno data
Raminder Gujral
Independent & Non-Executive Director5.42yrs₹500.00k0%
₹ 0
Mukesh Shah
Independent & Non-Executive Director2.83yrs₹600.00k0.00014%
₹ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533096BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2009
ADANIPOWERNSEI (National Stock Exchange of India)YesEquity SharesININRAug 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 12:24
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.