ADANIPOWER
Adani Power Limited (ADANIPOWER) Stock Analysis
Adani Power Limited is one of India's largest private thermal power producers. It generates electricity from coal-based plants and sells power under long-term PPAs and merchant arrangements. The company is part of the Adani Group's integrated energy value chain. It is a listed power generation company with plants in multiple states.
Utilities › Utilities - Independent Power Producers
₹195.80
+3.62% 1W | +24.90% 52W
Market Cap
377.7k CR
P/E Ratio
26.5
52W High
₹254.2
52W Low
₹128.1
Div. Yield
0%
Beta
0.4
50 DMA
₹203.4
200 DMA
₹191.5
Profit Margin
24.1%
Inst. Own.
18.1%
✅ BOUNCE FROM SUPPORT
✅ BOUNCE FROM SUPPORT
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11,006 | 12,991 | 12,991 | 13,364 | 14,956 | 13,339 | 13,671 | 14,237 | 14,109 | 13,457 | 12,451 | 14,223 | 18,902 |
| Expenses | 7,491 | 7,819 | 8,346 | 8,514 | 8,761 | 8,063 | 8,648 | 9,425 | 8,424 | 8,307 | 8,213 | 9,491 | 10,953 |
| Operating Profit | 3,514 | 5,171 | 4,645 | 4,850 | 6,194 | 5,276 | 5,023 | 4,813 | 5,685 | 5,150 | 4,238 | 4,732 | 7,949 |
| OPM % | 32% | 40% | 36% | 36% | 41% | 40% | 37% | 34% | 40% | 38% | 34% | 33% | 42% |
| Other Income | 7,103 | 1,945 | 364 | 518 | 518 | 724 | 1,162 | 298 | 465 | 851 | 543 | 1,766 | 538 |
| Interest | 883 | 888 | 797 | 820 | 811 | 807 | 957 | 765 | 857 | 842 | 701 | 967 | 901 |
| Depreciation | 935 | 1,004 | 1,002 | 990 | 996 | 1,059 | 1,170 | 1,085 | 1,089 | 1,193 | 1,135 | 1,147 | 1,167 |
| Profit before tax | 8,800 | 5,224 | 3,210 | 3,558 | 4,906 | 4,134 | 4,059 | 3,261 | 4,204 | 3,966 | 2,945 | 4,384 | 6,418 |
| Tax % | 0% | -26% | 15% | 23% | 20% | 20% | 28% | 20% | 21% | 27% | 16% | 3% | 24% |
| Net Profit | 8,759 | 6,594 | 2,738 | 2,737 | 3,913 | 3,298 | 2,940 | 2,599 | 3,305 | 2,906 | 2,488 | 4,271 | 4,867 |
| EPS in Rs | 4.54 | 3.42 | 1.42 | 1.42 | 2.03 | 1.73 | 1.59 | 1.37 | 1.76 | 1.53 | 1.29 | 2.08 | 2.49 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18,683 | 25,377 | 22,616 | 20,304 | 23,884 | 26,468 | 26,221 | 27,711 | 38,773 | 50,351 | 56,203 | 54,241 | 59,033 |
| Expenses | 14,005 | 16,575 | 16,635 | 14,868 | 18,901 | 20,734 | 17,533 | 17,830 | 28,677 | 32,124 | 34,785 | 34,434 | 36,964 |
| Operating Profit | 4,678 | 8,802 | 5,980 | 5,436 | 4,983 | 5,734 | 8,688 | 9,881 | 10,096 | 18,228 | 21,418 | 19,806 | 22,070 |
| OPM % | 25% | 35% | 26% | 27% | 21% | 22% | 33% | 36% | 26% | 36% | 38% | 37% | 37% |
| Other Income | 1,188 | -201 | -3,666 | 754 | 2,448 | 323 | 1,909 | 3,908 | 4,216 | 9,883 | 2,590 | 3,625 | 3,698 |
| Interest | 4,864 | 5,560 | 5,902 | 5,570 | 5,657 | 5,315 | 5,106 | 4,095 | 3,334 | 3,388 | 3,340 | 3,367 | 3,411 |
| Depreciation | 1,818 | 2,666 | 2,672 | 2,699 | 2,751 | 3,006 | 3,202 | 3,118 | 3,304 | 3,931 | 4,309 | 4,565 | 4,643 |
| Profit before tax | -816 | 375 | -6,260 | -2,079 | -976 | -2,265 | 2,289 | 6,577 | 7,675 | 20,792 | 16,360 | 15,500 | 17,713 |
| Tax % | 0% | -47% | -1% | -0% | 1% | 0% | 45% | 25% | -40% | -0% | 22% | 16% | |
| Net Profit | -816 | 551 | -6,174 | -2,103 | -984 | -2,275 | 1,270 | 4,912 | 10,727 | 20,829 | 12,750 | 12,971 | 14,533 |
| EPS in Rs | -0.57 | 0.33 | -3.20 | -1.09 | -0.51 | -1.18 | 0.66 | 2.55 | 5.56 | 10.80 | 6.71 | 6.66 | 7.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 12.0% | 16.0% | 8.0% |
| Profit CAGR | 6.0% | 58.0% | 37.0% |
Shareholding Pattern
Promoters74.96%
FIIs11.53%
DIIs2.70%
Public10.82%
Promoters74.96%
FIIs11.64%
DIIs3.41%
Public9.99%
Promoters74.96%
FIIs11.73%
DIIs3.69%
Public9.63%
Promoters74.96%
FIIs11.76%
DIIs4.07%
Public9.20%
Promoters74.96%
FIIs11.03%
DIIs4.47%
Public9.55%
Promoters74.97%
FIIs11.70%
DIIs0.01%
Public13.32%
Promoters71.75%
FIIs15.91%
DIIs1.41%
Public10.93%
Promoters74.96%
FIIs12.36%
DIIs1.64%
Public11.03%
Promoters74.96%
FIIs11.73%
DIIs3.69%
Public9.63%
Promoters74.96%
FIIs11.03%
DIIs4.47%
Public9.55%
ADANIPOWER
Holdings Analysis
Key strengths & risk signals
67
Overall
64
Fundamental
71
Technical
Risks (3)
OVERVALUED! PEG of 4.27 means expensive relative to growth rate.
RECOVERY MODE! Current price (195.8) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - 3.6% (1 week), -3.2% (1 month), -8.7% (3 months).
Strengths (4)
EXCELLENT EFFICIENCY! 24.1% profit margin - company keeps strong profits.
BULLISH TREND! 50-day average (203.4) is above 200-day average (191.5) - positive signal.
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
TESTING SUPPORT! Stock is at key support level.
Fundamental & Technical Analysis
67Overall
64Fundamental
71Technical
Fundamental Breakdown
Growth Quality
19/30
Revenue CAGR: 12.5% (GOOD, 11/15). Profit CAGR: 6.2% (MODERATE, 8/15).
Profit Margin
8/10
EXCELLENT EFFICIENCY! 24.1% profit margin - company keeps strong profits.
PEG Valuation
0/10
OVERVALUED! PEG of 4.27 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
6/10
MODERATE DEBT! D/E of 0.68 - acceptable leverage.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 13.04% public ownership - strong promoter/institutional control.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (203.4) is above 200-day average (191.5) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (195.8) above 200-day but below 50-day.
Trend Pattern
16/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
8/10
GOOD YEAR! Stock gained 24.9% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 19,919,370 vs down days: 18,901,240. Ratio: 1.05x
RSI
3/5
NEUTRAL! RSI at 46.8 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 53.7% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 3.6% (1 week), -3.2% (1 month), -8.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
ADANIPOWER
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-29 | Concall PDF | |
| Q3FY262026-02-04 | Concall PDF | |
| Q2FY262025-11-05 | Concall PDF |
Peer Comparison
Utilities · Utilities - Independent Power Producers · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADANIPOWER | ₹195.80 | 26.5 | 24.1% | 12.5% | 6.2% | +24.9% | 67 | BOUNCE FROM SUPPORT | +42.0% | +19.6% | +34.0% | +32.9% |
| ADANIENSOL | ₹1,365.90 | 56.2 | 9.6% | 27.7% | 22.0% | +45.7% | 74 | CONSOLIDATING DOWN | +124.2% | +68.0% | +42.4% | +30.5% |
| TATAPOWER | ₹353.90 | 29.3 | 6.1% | 4.1% | 3.9% | -12.1% | 49 | BOUNCE FROM SUPPORT | +10.9% | +18.1% | +5.6% | +27.9% |
| JSWENERGY | ₹482.60 | 43.5 | 10.4% | 23.6% | 14.9% | -11.4% | 63 | CONSOLIDATING DOWN | -36.6% | +26.7% | +1.2% | +15.7% |
| TORNTPOWER | ₹1,226.30 | 26.6 | 8.0% | 4.0% | 4.5% | -5.5% | 56 | APPROACHING RESISTANCE | -12.7% | +100.8% | +2.8% | +26.8% |
| JPPOWER | ₹15.00 | 21.1 | 11.1% | -1.3% | 101.1% | -16.8% | 62 | BREAKOUT | +68.6% | -3,598.5% | +12.2% | +28.1% |
| RPOWER | ₹18.70 | – | -4.1% | 0.8% | – | -58.1% | 46 | APPROACHING SUPPORT | +44.7% | -113.1% | +3.7% | +3.7% |
| PTC | ₹149.90 | 8.7 | 2.9% | 2.9% | 10.8% | -8.5% | 56 | APPROACHING SUPPORT | -49.7% | -6.9% | +19.0% | +22.6% |
Data from TradeAlone · Updated daily
ADANIPOWER News
Adani Power Limited Recognized for Outstanding ESG Performance2026-09-07Adani Power Limited Investor Presentation Highlights August 2026: Key Growth Opportunities2026-08-22Adani Power Limited (adanipower) Investor Presentation Hints at Multi-decade Growth Opportunity2026-08-01Adani Power Limited (ADANIPOWER) breaks out, gains 5% intraday2026-07-14Adani Power Limited Investor Presentation June 2026: India’s Energy Sector Growth Opportunity2026-06-02
