Adani Power Limited
ADANIPOWER · 533096 · Utilities · Integrated Power Utilities
- Market cap
- Rs 3,68,723 Cr
- P/E
- 20.23x
- P/B
- 4.80x
- 52W high / low
- Rs 254.2 / Rs 128.1
P/E, P/B and ROE are inconsistent: ROE x P/E = 6.08 but P/B = 4.80 (> 25% apart); one input is likely on a different basis.
About Adani Power
Adani Power Limited is listed on the NSE under the symbol ADANIPOWER and on the BSE under scrip code 533096. It is classified in the Utilities sector, industry: Integrated Power Utilities. It is a constituent of BSE 100, NIFTY 100, NIFTY 200, NIFTY 500, NIFTY Energy and NIFTY Next 50. The company listed on 20 Aug 2009 and has a face value of Rs 2.
The latest available end-of-day price is Rs 191.2 (+3.58% on the day), for a market capitalisation of Rs 3,68,723 Cr. Trailing P/E is 20.23x and price-to-book is 4.80x. The 52-week range is Rs 128.1 to Rs 254.2. The latest price is 50% of the way from the 52-week low to the 52-week high.
Against the 3-company comparison set from the official BSE basic industry Integrated Power Utilities, its market capitalisation is 3.3 times the peer median of Rs 1,10,104 Cr, and its P/E of 20.23x compares with a peer median of 25.53x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Adani Power Limited reported revenue of Rs 54,241 Cr and net profit of Rs 12,971 Cr, with a net margin of 23.91% and earnings per share of Rs 6.62 (consolidated statements).
Year-on-year change: revenue −1.77%; net profit +1.74%; EPS +2.41%. Three-year compound annual growth rate: revenue +10.37%; net profit +6.54%.
At the same date the balance sheet shows total assets of Rs 1,42,280 Cr, shareholders' equity of Rs 64,937 Cr, total debt of Rs 53,556 Cr, cash of Rs 928 Cr, a debt-to-equity ratio of 0.82 and operating cash flow of Rs 20,514 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 65,015 Cr, net income of Rs 18,645 Cr and a net margin of 28.68%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Adani Power Limited's ownership is split: promoters 74.96%; foreign institutional investors (FIIs) 11.03%; domestic institutional investors (DIIs) 4.47%; retail and other shareholders 9.54%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.73 percentage points; DII holding +0.39 percentage points.
The same filing lists reported promoter pledge of 1.81% and 21,80,320 shareholders on record.
Recent filings and corporate actions
139 BSE corporate announcements were filed by Adani Power Limited in the past twelve months; the most frequent category is "Company Update" (108). The most recent is "Adani Power Limited has submitted to the Exchange, audio link of the Earnings Call." (Company Update), filed on 26 Oct 2026.
The disclosed corporate-action timeline lists 1 entries: split (1). The latest is a split (Stock Split From Rs.10/- to Rs.2/-) with ex-date 22 Sept 2025.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Integrated Power Utilities. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Adani Power LimitedThis company | Rs 191.2 | Rs 3,68,723 Cr | Rs 68,257 Cr | Rs 18,645 Cr | 20.23x | 30.05% |
| Tata Power Company Limited | Rs 344.55 | Rs 1,10,104 Cr | Rs 65,215 Cr | Rs 5,256 Cr | 28.50x | 10.26% |
| Torrent Power Limited | Rs 1,177.4 | Rs 59,329 Cr | Rs 29,483 Cr | Rs 2,390 Cr | 25.53x | 12.67% |
| Median | Rs 344.55 | Rs 1,10,104 Cr | Rs 65,215 Cr | Rs 5,256 Cr | 25.53x | 12.67% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Adani Power
Same official industry (Integrated Power Utilities)
Other Utilities companies of a similar market capitalisation
- NTPC LimitedNTPC · Market cap Rs 3,01,082 Cr
- Power Grid Corporation of India LimitedPOWERGRID · Market cap Rs 2,41,816 Cr
- Adani Green Energy LimitedADANIGREEN · Market cap Rs 2,15,263 Cr
- Adani Energy Solutions LimitedADANIENSOL · Market cap Rs 1,66,933 Cr
- JSW Energy LimitedJSWENERGY · Market cap Rs 93,484 Cr
- NHPC LimitedNHPC · Market cap Rs 77,548 Cr
- NTPC Green Energy LimitedNTPCGREEN · Market cap Rs 70,722 Cr
- NLC India LimitedNLCINDIA · Market cap Rs 32,967 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.