Adani Power Limited
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. The company also operates solar based power plant comprising 40 MW at Bitta, Gujarat. In addition, it engages in coal import and supply/trading business. Adani Power Limited was founded in 1988 and is headquartered in Ahmedabad, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 115.3%
Concerns1
- Other income is 51.3% of PBT β a large share of earnings is non-operating
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ49.71 K Cr | β | βΉ11.56 K Cr | β | β | 24.9% | 7.0% | -41.1% |
| Mar 2024 | βΉ46.46 K Cr | β | βΉ19.63 K Cr | β | β | 49.1% | 26.6% | 91.6% |
| Mar 2023 | βΉ36.68 K Cr | β | βΉ10.25 K Cr | β | β | 36.3% | 32.4% | 103.5% |
| Mar 2022 | βΉ27.71 K Cr | β | βΉ5.04 K Cr | β | β | 27.3% | 6099.3% | -1109.2% |
| Mar 2021 | βΉ447.00 Cr | β | βΉ-499.00 | β | β | -2.9% | -55.5% | -62.8% |
| Mar 2020 | βΉ1.00 K Cr | β | βΉ-1341.00 | β | β | -8.5% | -58.2% | 496.0% |
| Mar 2019 | βΉ2.40 K Cr | β | βΉ-225.00 | β | β | -1.3% | -70.4% | 837.5% |
| Mar 2018 | βΉ8.12 K Cr | β | βΉ-24.00 | β | β | -0.3% | -25.3% | -99.6% |
| Mar 2017 | βΉ10.87 K Cr | β | βΉ-6054.00 | β | β | -129.6% | -14.6% | -6341.2% |
| Mar 2016 | βΉ12.73 K Cr | β | βΉ97.00 Cr | β | β | 1.1% | 21.4% | -240.6% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 47,947 |
| Total Expenses | 28,998 |
| EBIT / Operating Profit | 18,949 |
| OPM % | 40% |
| Other Income | 3,237 |
| Finance Costs | 3,274 |
| Depreciation & Amortisation | 3,837 |
| Profit Before Tax | 15,076 |
| Tax % | - |
| Net Profit / PAT | 11,248 |
| EPS (βΉ) | 5.83 |
| Dividend Payout % | - |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Adani Power Limitedthis co. | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Indian Oil Corporation Ltd. | βΉ2.22 L Cr | βΉ7.56 L Cr | 9.71 | 1.18 | 4.30 | -2.4% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |