Adani Power (ADANIPOWER) Stock Overview
Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
ADANIPOWER Community Fair Values
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Analyst Price Targets
Adani Power Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹219.33 |
| 52 Week High | ₹234.40 |
| 52 Week Low | ₹105.42 |
| Beta | 0.50 |
| 1 Month Change | 8.06% |
| 3 Month Change | 53.70% |
| 1 Year Change | 98.06% |
| 3 Year Change | 323.17% |
| 5 Year Change | 1,052.55% |
| Change since IPO | 963.16% |
Recent News & Updates
New Narrative • May 15
Thermal Capacity Expansion And Long Term PPAs Will Support Stronger Future Cash Flows
Catalysts About Adani Power Adani Power develops, owns and operates thermal and hydro power plants that supply electricity under a mix of long term, medium term and merchant contracts. What are the underlying business or industry changes driving this perspective?
Narrative Update • May 06
ADANIPOWER: Upcoming Results Will Challenge Lofty Pricing After Richer Market Assumptions
Analysts now place Adani Power's price target at ₹208, up from ₹180, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E that together shift their assessment of fair value. What's in the News Board meeting scheduled on Apr 29, 2026 to consider and approve the audited financial results for the quarter and year ended Mar 31, 2026, including full year earnings and key financial metrics (company filing).
New Narrative • May 01
Thermal Expansion And Heavy Capex Will Pressure Cash Flows And Earnings
Catalysts About Adani Power Adani Power operates thermal power plants that generate and sell electricity under a mix of long term, medium term and merchant arrangements. What are the underlying business or industry changes driving this perspective?Recent updates
New Narrative • May 15
Thermal Capacity Expansion And Long Term PPAs Will Support Stronger Future Cash Flows
Catalysts About Adani Power Adani Power develops, owns and operates thermal and hydro power plants that supply electricity under a mix of long term, medium term and merchant contracts. What are the underlying business or industry changes driving this perspective?Narrative Update • May 06
ADANIPOWER: Upcoming Results Will Challenge Lofty Pricing After Richer Market Assumptions
Analysts now place Adani Power's price target at ₹208, up from ₹180, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E that together shift their assessment of fair value. What's in the News Board meeting scheduled on Apr 29, 2026 to consider and approve the audited financial results for the quarter and year ended Mar 31, 2026, including full year earnings and key financial metrics (company filing).New Narrative • May 01
Thermal Expansion And Heavy Capex Will Pressure Cash Flows And Earnings
Catalysts About Adani Power Adani Power operates thermal power plants that generate and sell electricity under a mix of long term, medium term and merchant arrangements. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 20
ADANIPOWER: Upcoming Results Will Test Overstretched Expectations And Current Pricing
Analysts have kept their fair value estimate for Adani Power steady at ₹180.14 per share, citing largely unchanged assumptions around discount rate, revenue growth, profit margin and future P/E. These factors together support an unchanged price target narrative.Narrative Update • Apr 05
ADANIPOWER: Upcoming Results And Revised Assumptions Will Support Long Term Upside Conviction
Analysts now see Adani Power's fair value at about ₹180 per share, compared with roughly ₹182 earlier. This reflects updates to the discount rate, revenue growth, profit margin and future P/E assumptions.Narrative Update • Mar 21
ADANIPOWER: Upcoming Results Will Support Long Term Upside Conviction
Analysts have kept the fair value estimate for Adani Power steady at ₹182.17 per share, with only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E. This reflects fine tuning of their valuation framework rather than a change in overall view.Narrative Update • Mar 06
ADANIPOWER: Upcoming Results And Assam Expansion Will Support Long Term Upside
Analysts have kept their fair value estimate for Adani Power steady at ₹182.17, with only small tweaks to inputs like discount rate, revenue growth and future P/E assumptions driving this unchanged price target. What's in the News A board meeting is scheduled for January 29, 2026 to consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2025, which may provide fresh clarity on recent business trends (company filing).Narrative Update • Feb 19
ADANIPOWER: Assam Expansion And Governance Moves Will Support Long Term Upside
Analysts have kept their fair value estimate for Adani Power steady at ₹182.17 per share, with only minor tweaks to the discount rate and future P/E assumptions influencing this price target update. What's in the News A board meeting is scheduled for Jan 29, 2026 to consider and approve the unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Analysis Article • Feb 07
Adani Power (NSE:ADANIPOWER) Is Experiencing Growth In Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Narrative Update • Feb 05
ADANIPOWER: Assam Thermal Expansion Will Support Long Term Upside Potential
Analysts have trimmed their fair value estimate for Adani Power from ₹186.00 to about ₹182.17 per share, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News Adani Power plans a Board meeting on January 29, 2026 to consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2025 (company filing).Narrative Update • Jan 21
ADANIPOWER: Assam Ultra Super Critical Project Will Drive Long Term Upside
Analysts have kept their fair value estimate for Adani Power steady at ₹186.0, with only small tweaks to assumptions such as discount rate and forward P/E. This reflects a broadly unchanged view of the stock's risk and earnings profile.Analysis Article • Jan 11
Some Confidence Is Lacking In Adani Power Limited's (NSE:ADANIPOWER) P/E
There wouldn't be many who think Adani Power Limited's ( NSE:ADANIPOWER ) price-to-earnings (or "P/E") ratio of 23.6x...Narrative Update • Jan 07
ADANIPOWER: Assam Thermal Project Will Support Long Term Upside Potential
Analysts have reduced their fair value estimate for Adani Power from ₹187.60 to ₹186.00, reflecting slightly higher discount rate assumptions and modest tweaks to revenue growth, profit margin, and future P/E inputs. What's in the News Adani Power plans to invest ₹480b in a 3,200 MW greenfield ultra super critical thermal power plant in Assam under the DBFOO model, with coal linkage allocated under the Government of India’s SHAKTI policy and phased commissioning targeted from December 2030 (Key Developments).Narrative Update • Dec 17
ADANIPOWER: Assam Expansion Will Drive Long Term Upside Potential
Analysts have nudged their price target on Adani Power slightly lower from ₹187.75 to ₹187.60, citing marginally softer long term profit margin assumptions that are only partly offset by a modestly lower discount rate and a slightly higher future earnings multiple. What's in the News Adani Power plans to invest about INR 480,000 million in a 3,200 MW ultra super critical thermal power plant in Assam, aiming to expand base load capacity and support regional industrial demand (Key Developments).Narrative Update • Dec 02
ADANIPOWER: Massive Assam Project And Share Split Are Set To Lift Shares
Analysts have reaffirmed Adani Power's price target at ₹187.75, citing minor updates to the discount rate and forward valuation metrics in their latest assessment. What's in the News Adani Power will invest INR 480,000 million to develop a 3,200 MW greenfield ultra super critical thermal power plant in Assam.Narrative Update • Nov 18
ADANIPOWER: Upcoming Board Meeting And Share Split May Drive Shares Higher
Analysts have raised their price target for Adani Power from ₹154.85 to ₹187.75. This change reflects improved projected profit margins and a higher expected future price-to-earnings ratio, even though the revenue growth forecast is slightly lower.Analysis Article • Nov 18
Here's Why Adani Power (NSE:ADANIPOWER) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Narrative Update • Nov 03
ADANIPOWER: Upcoming Board Decisions And Asset Moves Will Drive Future Outlook
Analysts have raised their price target for Adani Power from ₹143.65 to ₹154.85, citing improved forecasts for revenue growth and profit margin. What's in the News A board meeting is scheduled for October 30, 2025 to consider unaudited financial results, approve the amalgamation scheme for subsidiaries, and address other matters (Key Developments).Analysis Article • Oct 23
Is There An Opportunity With Adani Power Limited's (NSE:ADANIPOWER) 44% Undervaluation?
Key Insights Adani Power's estimated fair value is ₹306 based on 2 Stage Free Cash Flow to Equity Current share price...Narrative Update • Oct 20
Expanded Capacity And Reliable PPAs Will Shape India's Energy Future
Analysts have reiterated their fair value estimate for Adani Power at ₹143.65. They are maintaining their outlook as minor adjustments to the discount rate and future valuation metrics had a negligible impact on the overall price target.Narrative Update • Oct 06
Expanded Capacity And Reliable PPAs Will Shape India's Energy Future
Analysts have sharply revised their fair value estimate for Adani Power downward from ₹718.25 to ₹143.65, reflecting significant changes in their overall assessment of the company. What's in the News Adani Power is among the leading bidders for GVK Energy's 330 MW Alaknanda hydro power project in Uttarakhand after GVK Energy entered insolvency proceedings.Analysis Article • Sep 26
Adani Power Limited's (NSE:ADANIPOWER) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Adani Power Limited ( NSE:ADANIPOWER ) shareholders have had their patience rewarded with a 26% share price jump in the...Analysis Article • Sep 23
Adani Power (NSE:ADANIPOWER) Is Doing The Right Things To Multiply Its Share Price
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Narrative Update • Sep 20
Expanded Capacity And Reliable PPAs Will Shape India's Energy Future
Despite a slight reduction in consensus revenue growth forecasts, Adani Power’s higher future P/E reflects improved market sentiment, resulting in an increased fair value target from ₹685.00 to ₹718.25. What's in the News Adani Power has expressed interest in acquiring GVK Energy’s 330 MW Alaknanda hydro power project, which is up for sale due to GVK Energy’s insolvency.Narrative Update • Sep 04
Expanded Capacity And Reliable PPAs Will Shape India's Energy Future
With both the Future P/E and Discount Rate for Adani Power remaining effectively unchanged, analyst valuation sentiment is stable, resulting in no adjustment to the consensus price target, which holds steady at ₹685.00. What's in the News Board meeting held to consider and approve unaudited financial results for the quarter ended June 30, 2025.Analysis Article • Jul 15
Is Adani Power (NSE:ADANIPOWER) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • May 31
Adani Power Limited (NSE:ADANIPOWER) Could Be Riskier Than It Looks
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider Adani...
New Narrative • Feb 09
Acquisitions Of Moxie Power And Others Will Boost India's Future Power Capacity
The company's strategic acquisitions and expansion projects may significantly enhance operating capacity and future revenues amid increasing power demand in India.Shareholder Returns
| ADANIPOWER | IN Renewable Energy | IN Market | |
|---|---|---|---|
| 7D | -2.3% | -2.0% | -0.2% |
| 1Y | 98.1% | 29.6% | 0.02% |
Return vs Industry: ADANIPOWER exceeded the Indian Renewable Energy industry which returned 29.9% over the past year.
Return vs Market: ADANIPOWER exceeded the Indian Market which returned -0.7% over the past year.
Price Volatility
| ADANIPOWER volatility | |
|---|---|
| ADANIPOWER Average Weekly Movement | 5.3% |
| Renewable Energy Industry Average Movement | 7.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.1% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: ADANIPOWER has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: ADANIPOWER's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 4,176 | Shersingh Khyalia | www.adanipower.com |
Adani Power Limited engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India. The company generates electricity through thermal energy sources through various power projects with a combined installed and commissioned capacity of 17,550 megawatt (MW). It also operates various coal based power plants comprising 4,620 MW at Mundra, Gujarat; 3,300 MW at Tiroda, Maharashtra; 1,320 MW at Kawai, Rajasthan; 1,200 MW at Udupi, Karnataka; 600 MW at Raigarh and Korba, Chhattisgarh; 1,370 MW at Raipur, Chhattisgarh; 1,200 MW at Mahan, Madhya Pradesh; 1,200 MW at Mutiara, Tamil Nadu; 1,600 MW at Mirzapur, Uttar Pradesh; 500MW at Dahanu, Maharashtra; and 1600 MW at Godda, Jharkhand.
Adani Power Limited Fundamentals Summary
| ADANIPOWER fundamental statistics | |
|---|---|
| Market cap | ₹4.23t |
| Earnings (TTM) | ₹128.34b |
| Revenue (TTM) | ₹542.41b |
33.0x
P/E Ratio7.8x
P/S RatioIs ADANIPOWER overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ADANIPOWER income statement (TTM) | |
|---|---|
| Revenue | ₹542.41b |
| Cost of Revenue | ₹299.35b |
| Gross Profit | ₹243.05b |
| Other Expenses | ₹114.71b |
| Earnings | ₹128.34b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.66 |
| Gross Margin | 44.81% |
| Net Profit Margin | 23.66% |
| Debt/Equity Ratio | 80.7% |
How did ADANIPOWER perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/21 23:41 |
| End of Day Share Price | 2026/05/21 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Adani Power Limited is covered by 33 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vishal Biraia | 360 ONE Capital Market Private Limited |
| Satish Kumar | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |