Adani Power Limited (NSE:ADANIPOWER) Just Released Its Full-Year Earnings: Here's What Analysts Think

Last week, you might have seen that Adani Power Limited (NSE:ADANIPOWER) released its full-year result to the market. The early response was not positive, with shares down 4.4% to ₹525 in the past week. It looks like the results were a bit of a negative overall. While revenues of ₹562b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 2.3% to hit ₹32.32 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Adani Power after the latest results.

We've discovered 2 warning signs about Adani Power. View them for free.

After the latest results, the three analysts covering Adani Power are now predicting revenues of ₹606.5b in 2026. If met, this would reflect an okay 7.9% improvement in revenue compared to the last 12 months. Per-share earnings are expected to step up 19% to ₹39.90. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹610.5b and earnings per share (EPS) of ₹39.56 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

Check out our latest analysis for Adani Power

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹634. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Adani Power at ₹690 per share, while the most bearish prices it at ₹601. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Adani Power's revenue growth is expected to slow, with the forecast 7.9% annualised growth rate until the end of 2026 being well below the historical 19% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 18% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Adani Power.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Adani Power's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Adani Power. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Adani Power analysts - going out to 2027, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 2 warning signs for Adani Power that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.