About
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 18,150 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; 500 MW 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.
Key Metrics
as of Sep 2026Market Cap399,579 Cr
P/E28.00
Div Yield0.00 %
Book Value₹33.70
52w High₹254.00
52w Low₹120.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,761.00 | 11,573.00 | 10,011.00 | 11,243.00 | 12,462.00 | 12,201.00 | 12,042.00 | 11,901.00 | 11,394.00 | 12,238.00 | 10,217.00 | 10,337.00 | 8,511.00 |
| Expenses | 9,098.00 | 7,715.00 | 6,429.00 | 6,724.00 | 7,238.00 | 7,868.00 | 7,169.00 | 7,053.00 | 7,439.00 | 7,784.00 | 6,749.00 | 5,690.00 | 5,985.00 |
| Operating Profit | 6,663.00 | 3,858.00 | 3,582.00 | 4,519.00 | 5,224.00 | 4,333.00 | 4,873.00 | 4,848.00 | 3,955.00 | 4,454.00 | 3,467.00 | 4,647.00 | 2,526.00 |
| OPM % | 42.00 | 33.00 | 36.00 | 40.00 | 42.00 | 36.00 | 40.00 | 41.00 | 35.00 | 36.00 | 34.00 | 45.00 | 30.00 |
| Other Income | 666.00 | 2,042.00 | 586.00 | 1,076.00 | 566.00 | 389.00 | 1,206.00 | 741.00 | 584.00 | 622.00 | 431.00 | 2,033.00 | 7,136.00 |
| Depreciation | 942.00 | 932.00 | 951.00 | 950.00 | 940.00 | 958.00 | 990.00 | 974.00 | 795.00 | 952.00 | 797.00 | 801.00 | 787.00 |
| Interest | 854.00 | 969.00 | 719.00 | 857.00 | 830.00 | 683.00 | 904.00 | 802.00 | 553.00 | 918.00 | 536.00 | 616.00 | 741.00 |
| Profit before tax | 5,534.00 | 3,999.00 | 2,498.00 | 3,789.00 | 4,020.00 | 3,082.00 | 4,185.00 | 3,813.00 | 3,191.00 | 3,206.00 | 2,564.00 | 5,262.00 | 8,133.00 |
| Tax % | 26.00 | 23.00 | 18.00 | 28.00 | 22.00 | 23.00 | 27.00 | 23.00 | 23.00 | 25.00 | 16.00 | -26.00 | 0.00 |
| Net Profit | 4,105.00 | 3,087.00 | 2,047.00 | 2,735.00 | 3,119.00 | 2,359.00 | 3,035.00 | 2,955.00 | 2,455.00 | 2,399.00 | 2,160.00 | 6,625.00 | 8,133.00 |
| EPS in Rs | 2.13 | 1.60 | 1.06 | 1.42 | 1.62 | 1.22 | 1.57 | 1.53 | 1.27 | 1.24 | 1.12 | 3.44 | 4.22 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 45,289.00 | 49,711.00 | 46,456.00 | 36,681.00 | 27,711.00 | 447.00 | 1,005.00 | 2,404.00 | 8,121.00 | 10,868.00 | 12,730.00 | 10,487.00 |
| Expenses | 28,082.00 | 30,089.00 | 29,747.00 | 27,321.00 | 17,807.00 | 408.00 | 1,044.00 | 2,417.00 | 7,233.00 | 9,604.00 | 9,189.00 | 8,025.00 |
| Operating Profit | 17,207.00 | 19,622.00 | 16,709.00 | 9,360.00 | 9,904.00 | 39.00 | -38.00 | -13.00 | 888.00 | 1,264.00 | 3,540.00 | 2,462.00 |
| OPM % | 38.00 | 39.00 | 36.00 | 26.00 | 36.00 | 9.00 | -3.80 | -0.50 | 11.00 | 12.00 | 28.00 | 23.00 |
| Other Income | 4,248.00 | 2,747.00 | 10,048.00 | 4,479.00 | 4,001.00 | 134.00 | -92.00 | 1,065.00 | 1,957.00 | -3,180.00 | 509.00 | 848.00 |
| Interest | 3,375.00 | 3,207.00 | 3,404.00 | 3,307.00 | 4,087.00 | 644.00 | 1,175.00 | 1,239.00 | 2,008.00 | 3,102.00 | 2,951.00 | 2,498.00 |
| Depreciation | 3,773.00 | 3,879.00 | 3,772.00 | 3,143.00 | 3,116.00 | 32.00 | 35.00 | 38.00 | 861.00 | 1,121.00 | 1,137.00 | 881.00 |
| Profit before tax | 14,306.00 | 15,284.00 | 19,581.00 | 7,389.00 | 6,702.00 | -503.00 | -1,341.00 | -225.00 | -24.00 | -6,138.00 | -39.00 | -69.00 |
| Tax % | 23.00 | 24.00 | 0.00 | -39.00 | 25.00 | -1.00 | 0.00 | 0.00 | 0.00 | -1.00 | -345.00 | 0.00 |
| Net Profit | 10,988.00 | 11,560.00 | 19,632.00 | 10,246.00 | 5,036.00 | -499.00 | -1,341.00 | -225.00 | -24.00 | -6,054.00 | 97.00 | -69.00 |
| EPS in Rs | 5.70 | 5.99 | 10.18 | 5.31 | 2.61 | -0.26 | -0.70 | -0.12 | -0.01 | -3.14 | 0.06 | -0.05 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3,857.00 | 3,857.00 | 3,857.00 | 3,857.00 | 3,857.00 | 3,857.00 | 3,857.00 | 3,857.00 | 3,857.00 | 3,857.00 | 3,334.00 | 2,872.00 |
| Reserves | 49,158.00 | 42,592.00 | 36,113.00 | 24,367.00 | 14,607.00 | 13,228.00 | 11,933.00 | 13,271.00 | 5,682.00 | 816.00 | 5,690.00 | 4,844.00 |
| Borrowings | 49,095.00 | 35,963.00 | 34,862.00 | 32,903.00 | 40,497.00 | 6,284.00 | 5,757.00 | 11,491.00 | 9,577.00 | 27,274.00 | 27,012.00 | 23,909.00 |
| Other Liabilities | 17,438.00 | 14,271.00 | 14,165.00 | 11,705.00 | 12,806.00 | 1,039.00 | 983.00 | 309.00 | 586.00 | 9,810.00 | 9,506.00 | 6,101.00 |
| Total Liabilities | 119,548.00 | 96,683.00 | 88,997.00 | 72,832.00 | 71,766.00 | 24,408.00 | 22,530.00 | 28,928.00 | 19,702.00 | 41,757.00 | 45,543.00 | 37,726.00 |
| Fixed Assets | 54,972.00 | 58,142.00 | 59,467.00 | 46,583.00 | 49,342.00 | 541.00 | 570.00 | 603.00 | 642.00 | 22,718.00 | 23,797.00 | 20,111.00 |
| CWIP | 15,064.00 | 2,994.00 | 742.00 | 188.00 | 184.00 | 1.00 | 0.00 | 0.00 | 0.00 | 68.00 | 39.00 | 48.00 |
| Investments | 4,805.00 | 4,330.00 | 1,980.00 | 6,373.00 | 4,834.00 | 19,359.00 | 18,216.00 | 17,157.00 | 7,768.00 | 7,740.00 | 7,662.00 | 5,627.00 |
| Other Assets | 44,707.00 | 31,218.00 | 26,808.00 | 19,687.00 | 17,406.00 | 4,508.00 | 3,744.00 | 11,168.00 | 11,292.00 | 11,231.00 | 14,045.00 | 11,940.00 |
| Total Assets | 119,548.00 | 96,683.00 | 88,997.00 | 72,832.00 | 71,766.00 | 24,408.00 | 22,530.00 | 28,928.00 | 19,702.00 | 41,757.00 | 45,543.00 | 37,726.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 19,148.00 | 18,453.00 | 12,976.00 | 7,933.00 | 10,264.00 | -288.00 | 95.00 | -167.00 | -333.00 | 659.00 | 1,869.00 | 2,393.00 |
| Cash from Investing Activity | -23,364.00 | -10,811.00 | 3,145.00 | 2,824.00 | 1,386.00 | 390.00 | 6,816.00 | -8,285.00 | -3,565.00 | -555.00 | -3,236.00 | -2,575.00 |
| Cash from Financing Activity | 4,830.00 | -8,041.00 | -15,751.00 | -11,138.00 | -11,182.00 | -105.00 | -6,907.00 | 8,457.00 | 3,845.00 | -95.00 | 1,330.00 | 180.00 |
| Net Cash Flow | 614.00 | -398.00 | 370.00 | -381.00 | 468.00 | -3.00 | 3.00 | 4.00 | -52.00 | 10.00 | -37.00 | -2.00 |
| Free Cash Flow | 5,175.00 | 11,842.00 | 11,326.00 | 7,013.00 | 9,622.00 | -295.00 | 94.00 | -167.00 | -334.00 | 70.00 | 781.00 | 1,619.00 |
| CFO/OP % | 111.00 | 94.00 | 78.00 | 86.00 | 106.00 | -769.00 | -250.00 | 1,289.00 | -37.00 | 51.00 | 53.00 | 97.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83.00 | 89.00 | 90.00 | 113.00 | 125.00 | 8.00 | 133.00 | 2.00 | 2.00 | 59.00 | 150.00 | 50.00 |
| Cash Conversion Cycle | 83.00 | 89.00 | 90.00 | 113.00 | 125.00 | 8.00 | 133.00 | 2.00 | 2.00 | 59.00 | 150.00 | 50.00 |
| Working Capital Days | 21.00 | 17.00 | 18.00 | 6.00 | -30.00 | -4,367.00 | -1,105.00 | -506.00 | -211.00 | -440.00 | -312.00 | -286.00 |
| ROCE % | 19.00 | 24.00 | 34.00 | 18.00 | 26.00 | 1.00 | 3.00 | 4.00 | 2.00 | 3.00 | 9.00 | 7.00 |
Corporate Actions
16 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Split | 22 Sep 2025 | 22 Sep 2025 | 10:2 | — | |
| Other | 14 Jun 2024 | — | — | — | Annual General Meeting |
| Other | 11 Jul 2023 | — | — | — | Annual General Meeting |
| Other | 18 Jul 2022 | — | — | — | Annual General Meeting |
| Other | 02 Jul 2021 | — | — | — | Annual General Meeting |
| Other | 16 Jun 2020 | — | — | — | Annual General Meeting |
| Other | 30 Jul 2019 | — | — | — | Annual General Meeting |
| Other | 26 Jul 2018 | — | — | — | Annual General Meeting |
| Other | 01 Aug 2017 | — | — | — | Annual General Meeting |
| Other | 29 Jul 2016 | — | — | — | Annual General Meeting |
| Other | 31 Jul 2015 | — | — | — | Annual General Meeting |
| Other | 31 Jul 2014 | — | — | — | Annual General Meeting |
| Other | 30 Jul 2013 | — | — | — | Annual General Meeting |
| Other | 02 Aug 2012 | — | — | — | Annual General Meeting |
| Other | 03 Aug 2011 | — | — | — | Annual General Meeting |
| Other | 12 Aug 2010 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update31 Aug from fitch
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Rating update17 Aug from care
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Rating update17 Apr from icra
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Rating update30 Mar from crisil
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Rating update27 Feb from icra
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Rating update13 Jan from care
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