NSE ADANIPOWER · BSE 533096 · Electric Utilities · NIFTY 500

Adani Power Share Price

Market open · updated 25 Sep, 1:32 PM IST
₹199.87 ▼ −₹5.04 · 2.46% NSE · as of 24 Sep 2026, 8:53 AM · BSE ₹199.90
Today's range
₹199.40Low₹203.50High
52-week range
₹128.35Low · 23 Jan 2026₹254.15High · 29 May 2026

Adani Power Overview

Where the price stands, how it has moved and how it sits against its averages.

Adani Power shares last traded at ₹199.87 on the NSE, down 2.46% on the day. That is 21.4% below the 52-week high of ₹254.15 and 55.7% above the 52-week low of ₹128.35. The stock trades at 30.08× earnings, above the sector average of 21.69. Its market value is ₹3,85,501 Cr.

Price returns

1 Day▼ −2.46%
5 Days▲ +1.22%
This month▲ +3.43%
3 Months▼ −10.86%
6 Months▲ +33.29%
This year▲ +43.23%
1 Year▲ +26.15%

Against the market: 1 Month ▲ +2.34% · 3 Months ▼ −8.29% · 6 Months ▲ +34.08% · This year ▲ +63.12% · 1 Year ▲ +38.41%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST).

Moving averages — price is above 1 of 6

  1. 100-day average₹217.64 ▼ price 8.2% below
  2. 50-day average₹209.69 ▼ price 4.7% below
  3. 10-day average₹207.71 ▼ price 3.8% below
  4. 20-day average₹207.38 ▼ price 3.6% below
  5. 5-day average₹205.67 ▼ price 2.8% below
  6. Today's price₹199.87
  7. 300-day average₹184.89 ▲ price 8.1% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Adani Power Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
56,203
54,241
Net profit₹ crore · losses below zero
−2,275
20,829
12,834

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹54,241 Cr ▼ −3.5% ₹12,834 Cr 23.7% ₹6.66 —
FY 2025 ₹56,203 Cr ▲ +12.1% ₹12,939 Cr 23.0% ₹6.71 —
FY 2024 ₹50,118 Cr ▲ +31.6% ₹20,829 Cr 41.6% ₹10.80 —
FY 2023 ₹38,079 Cr ▲ +37.4% ₹10,727 Cr 28.2% ₹5.56 —
FY 2022 ₹27,711 Cr ▲ +5.7% ₹4,912 Cr 17.7% ₹2.55 —
FY 2021 ₹26,221 Cr ▼ −0.9% ₹1,270 Cr 4.8% ₹0.66 —
FY 2020 ₹26,468 Cr — −₹2,275 Cr −8.6% −₹1.18 —

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
54%
46%
  • Total assets₹1,42,280 Cr
  • Total liabilities₹77,343 Cr
  • Shareholders' equity₹64,937 Cr
  • Total debt₹54,670 Cr
  • Cash & investments₹2,392 Cr
  • Current ratio1.41×
  • Revenue growth, 5 yr15.65% a year
  • EPS growth, 5 yr58.82% a year
  • Operating margin (TTM)29.52%
  • Net margin (TTM)24.62%

Cash flow — FY26

Operating activities
▲ ₹20,514 Cr
Investing activities
▼ −₹26,461 Cr
Financing activities
▲ ₹6,555 Cr
Free cash flow
▼ −₹2,836 Cr
Net change in cash
▲ ₹608 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue26,467.7226,221.4827,711.1838,078.8550,118.3556,203.0954,240.52
Cost of revenue18,921.5116,098.5816,295.8026,596.5429,568.4331,584.6930,533.90
Gross profit7,546.2110,122.9011,415.3811,482.3120,549.9224,618.4023,706.62
Operating expenses24,547.1520,734.9720,903.1931,865.9736,054.9639,093.6438,998.94
Operating income1,920.575,486.516,807.996,212.8814,063.3917,109.4515,241.58
Depreciation3,006.503,201.653,117.543,303.683,931.334,308.884,598.39
Profit before tax−2,264.922,288.746,577.137,674.7020,791.5116,359.5115,499.51
Tax9.851,018.761,665.55−3,051.94−37.283,609.902,528.43
Net profit−2,274.771,269.984,911.5810,726.6420,828.7912,938.7712,834.30
EPS (₹)−1.180.662.555.5610.806.716.66
Dividend per share (₹)———————

What Analysts Say

9 analysts

Recommendations from 9 analysts who cover Adani Power.

Strong Buy average rating 1.56 on a 1–5 scale

▲ 8 bullish (88.9%) · 1 hold (11.1%) · ▼ 0 bearish (0.0%)

Votes

Strong Buy
5 (56%)
Buy
3 (33%)
Hold
1 (11%)
Sell
0 (0%)
Strong Sell
0 (0%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy33355 ▲ +2
Buy33333 —
Hold11111 —
Sell11100 ▼ −1
Strong Sell00000 —

Analyst ratings are opinions, not a guarantee of returns.

Adani Power vs Peers

Side by side with other electric utilities companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Adani Power ₹199.87 ▼ −2.46% ₹3,85,501 Cr 30.08 6.08 33.40% 24.62% 0.00% This stock
Power Grid Corporation of India ₹266.10 ▼ −1.59% ₹2,47,489 Cr 14.10 2.62 18.68% 40.02% 3.17% Bearish
Adani Green Energy ₹1,288.45 ▼ −0.66% ₹2,12,230 Cr 129.20 12.49 13.17% 12.14% — Moderately Bearish
Adani Energy Solutions ₹1,341.80 ▼ −2.63% ₹1,64,965 Cr 90.17 8.14 9.44% 8.49% — Moderately Bearish
Siemens Energy India ₹3,217.90 ▲ +0.12% ₹1,14,900 Cr 109.04 27.52 — 14.99% 0.12% Neutral
Tata Power Company ₹363.35 ▼ −1.40% ₹1,16,103 Cr 30.34 3.05 11.26% 8.20% 0.66% Bearish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Adani Power shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
75.0%
11.8%
9.4%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter74.96%74.96%74.96%74.96% 0.00 pts
FII11.53%11.64%11.73%11.76% ▲ +0.03 pts
MF2.69%3.39%3.62%3.92% ▲ +0.30 pts
Other10.82%10.01%9.69%9.36% ▼ −0.33 pts

Adani Power Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Adani PowerBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
30.08
▲ 39% above the sector average of 21.69
P/E, 12-month rangeLow 6.70 · high 137.71
18%
Today's P/E sits 18% of the way from its low to its high
P/BPrice ÷ book value per share
6.08
P/SPrice ÷ sales per share
6.69
P/CFPrice ÷ cash flow per share
20.60
PEGP/E ÷ earnings growth (≈1 is fair)
4.47

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
45.49%
▲ above its 5-yr average of 40.54%
Operating marginKept after running costs
29.52%
▲ above its 5-yr average of 26.26%
Pre-tax marginKept before tax
30.01%
▲ above its 5-yr average of 29.56%
Net marginKept as profit
24.62%
▼ below its 5-yr average of 27.47%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
21.16%
▼ below its 5-yr average of 33.40%
Return on assetsProfit on everything it owns
10.17%
▼ below its 5-yr average of 12.86%
Return on investmentProfit on long-term capital
12.03%
▼ below its 5-yr average of 15.75%

Growth Is the business getting bigger?

Revenue — last 12 months
+6.6%
▲ growing
Revenue — 3 yr, a year
+12.5%
▲ growing
Revenue — 5 yr, a year
+15.7%
▲ growing
EPS — last 12 months
+15.3%
▲ growing
EPS — 3 yr, a year
+6.2%
▲ growing
EPS — 5 yr, a year
+58.8%
▲ growing (off the scale)
Book value — 5 yr, a year
+37.7%
▲ growing (off the scale)

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.84×
• Moderate
Current ratioShort-term assets for every ₹1 due within a year
1.41×
• Adequate
Quick ratioLike the current ratio, without inventory
1.16×
✓ Comfortable
Interest coverOperating profit ÷ interest to pay
17.14×
✓ Strong
Payout ratioShare of profit paid as dividend
0.00%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹7.44
Book value
₹33.67
Cash flow
₹10.00
Dividend
₹0.00
Revenue
₹30.79

The share price is 5.94× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 104 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year30.77
Current Dividend Yield - Common Stock Primary Issue, LTM0.00
Price to Book - most recent fiscal year6.08
P/E Basic excluding extraordinary items - TTM30.08
P/E including extraordinary items - TTM27.53
P/E excluding extraordinary items low, trailing 12 months6.70
Price to Tangible Book - most fiscal year6.10
Price to sales - most recent fiscal year7.28
Price to Cash Flow per share - trailing 12 month20.60
Peg Ratio4.47
P/E Normalized, most recent fiscal year30.79
P/E excluding extraordinary items high, trailing 12 months137.71
P/E excluding extraordinary items, most recent fiscal year quarter27.53
Price to sales - trailing 12 month6.69
Net Debt, LFY5,22,787.30

Per share

Cash Flow per share - trailing 12 month10.00
Cash Flow per share - most recent fiscal year9.09
EPS including extraordinary items - trailing 12 month7.44
EPS including extraordinary items - most recent fiscal year6.66
EBITD per share - trailing 12 month11.51
Revenue/share - trailing 12 month30.79
EPS excluding extraordinary items - trailing 12 month7.44
EPS Basic excluding extraordinary items - most recent fiscal year6.66
EPS Basic excluding extraordinary items - trailing 12 month7.44
Book value per share - most recent fiscal year33.67
Revenue/share - most recent fiscal year28.13
EPS Normalized - most recent fiscal year6.65
Book value (tangible) per share - most recent fiscal year33.55
Dividends per share - trailing 12 month0.00
EPS excluding extraordinary items - most recent fiscal year6.66
Cash per share - most recent fiscal year1.24

Margins

Operating margin - trailing 12 month29.52
Gross Margin - 5 year average40.54
Operating margin - 1st historical fiscal year28.10
Operating Margin - 5 year average26.26
Net Profit Margin % - 1st historical fiscal year23.91
Gross Margin - 1st historical fiscal year43.71
Net Profit Margin % - trailing 12 month24.62
Net Profit Margin - 5 year average27.47
Pretax Margin - 5 year average29.56
Pretax margin - 1st historical fiscal year28.58
Pretax margin - trailing 12 month30.01
Free Operating Cash Flow/Revenue, 5 Year Average13.63
Gross Margin - trailing 12 month45.49

Growth

EPS Change %, TTM over TTM15.32
Revenue growth rate, 5 year15.65
EPS growth rate, 5 year58.82
Revenue Change % - most recent quarter 1 year ago33.97
Growth rate% - EPS, 3 year6.16
Revenue/share (5 yr growth)15.65
Tangible Book Value, Total Equity, 5 Year CAGR38.20
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR19.84
Capital Spending growth rate, 5 year45.20
Revenue Change %, TTM over TTM6.64
Growth rate% - Revenue, 3 year12.52
Book value per share growth rate, 5 year37.71
EPS Change % - most recent quarter 1 year ago44.43
Net Profit Margin growth rate, 5 year37.63
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR17.92
Total Debt, 5 Year CAGR0.81

Financial strength

Net Interest coverage - most recent fiscal year17.14
Free Cash Flow - most recent fiscal year−28,364.40
LT debt/equity - most recent fiscal year0.68
Quick ratio - most recent fiscal year1.16
Payout ratio - trailing 12 month0.00
Current ratio - most recent fiscal year1.41
Total debt/total equity - most recent fiscal year0.84
Net Interest coverage - trailing 12 month5.29
Payout ratio - most recent fiscal year0.00

Returns & efficiency

Return on average equity - 5 year average33.40
Net Income/employee - trailing 12 month3,66,33,600.00
Revenue/employee - most recent fiscal year13,32,20,000.00
Return on investment - most recent fiscal year12.03
Return on average assets - most recent fiscal year10.17
Receivables turnover - most recent fiscal year4.07
Inventory turnover - most recent fiscal year6.43
Revenue/employee - trailing 12 month14,88,10,800.00
Return on average assets - 5 year average12.86
Net Income/employee - most recent fiscal year3,18,58,230.00
Asset turnover - most recent fiscal year0.43
Return on average equity - most recent fiscal year21.16
Return on investment - 5 year average15.75

Price & volume

Market Cap3,91,093.60
52 week Low Date23 Jan 2026
Price - 1 Day % Change−1.04
Relative (S&P500) price percent change - 13 week−8.29
Avg trading volume last 10 days15.93
Price - 13 week price percent change−10.86
Price - 52 week price percent change26.15
Avg Trading Volume Last 3 months477.63
Price - 5 Day % Change1.22
Price % Change Month To Date3.43
Relative (S&P500) price percent change - 04 week2.34
52 week High Date29 May 2026
Price - 26 week price percent change33.29
PDATE23 Sep 2026
Price - YTD price percent change43.23
Relative (S&P500) price percent change - 52 week38.41
NPRICE204.80
Relative (S&P500) price percent change - 26 week34.08
52 week Low128.10
52 week High254.20
Beta1.26
Relative (S&P500) price percent change - Year to Date63.12

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

  • Dividend yield0.00%
  • Payout ratio0.00%

No dividends on record.

Corporate calendar

  • MeetingExtraordinary General Meeting
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • BoardAudited Results
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • MeetingPostal Ballot
  • BoardQuarterly Results
Show 7 older events
  • SplitStock split — face value ₹10 → ₹2
  • MeetingPostal Ballot
  • BoardQuarterly Results & Stock Split
  • MeetingAnnual General Meeting
  • BoardAudited Results
  • BoardQuarterly Results
  • BoardQuarterly Results

About Adani Power

Electric Utilities

Adani Power Limited is an India-based private base load power generation company. The Company has an installed thermal power capacity of approximately 18,150 megawatts (MW) spread over 13 power plants and a 40 MW solar power plant in Gujarat. Its segments include Power Generation and related activities and Trading, Investment and other activities. It sells power generated from its projects under a combination of long-term power purchase agreements (PPAs), supplemental power purchase agreements (SPPAs), medium-term PPA, short-term PPA, and on a merchant basis. Its power plants are located in various locations, including Mundra, Gujarat; Tiroda and Butibori, Maharashtra; Kawai, Rajasthan; Udupi, Karnataka; Raipur, Chhattisgarh; Raigarh, Chhattisgarh; Godda, Jharkhand; Singrauli, Madhya Pradesh (ongoing expansion); Singrauli, Madhya Pradesh, and Bitta, Gujarat. Its Udupi power plant operates as an imported coal-based utility with a capacity of approximately 1.2 gigawatts (GW).

Key people

  • Shersingh B. KhyaliaChief Executive Officer, Whole-Time Director
  • Dilip Kumar JhaChief Financial Officer
  • Puneet BansalCompliance Officer, Company Secretary
  • Anil Kumar SardanaManaging Director, Executive Director

Company facts

  • NSE symbolADANIPOWER
  • BSE code533096
  • ISININE814H01029
  • IndustryElectric Utilities
  • IndexNIFTY 500
  • Market cap₹3,85,501 Cr
  • Revenue (FY26)₹54,241 Cr
  • Net profit (FY26)₹12,834 Cr

In the News

Recent headlines about Adani Power — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Adani Power (NSE: ADANIPOWER) last traded at ₹199.87 on the NSE, down 2.46% (₹5.04) on the day, as of 24 Sep 2026, 8:53 AM. On the BSE it was ₹199.90. The day's range was ₹199.40 – ₹203.50.

Adani Power's 52-week high is ₹254.15 (29 May 2026) and its 52-week low is ₹128.35 (23 Jan 2026). At ₹199.87 the share is 21.4% below its high and 55.7% above its low.

Adani Power's market capitalisation is ₹3,85,501 Cr (₹3.86L Cr). It is part of the NIFTY 500 index.

Adani Power's P/E ratio (trailing 12 months) is 30.08. The sector average is 21.69, so investors pay 39% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹7.44.

Adani Power shares are up 26.15% over the last year, up 43.23% so far this year, up 33.29% over 6 months, down 10.86% over 3 months. Over the last year the stock did 38.41% better than the market.

In FY26 (year to Mar 2026), Adani Power reported revenue of ₹54,241 Cr (down 3.49% on the year before) and a net profit of ₹12,834 Cr. Earnings per share were ₹6.66.

There is no dividend on record for Adani Power in the data shown on this page.

Of 9 analysts covering Adani Power, 8 are bullish (5 strong buy, 3 buy), 1 say hold and 0 are bearish. The consensus is Strong Buy (average rating 1.56 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 74.96%, FII 11.76%, MF 3.92%, Other 9.36%.

Adani Power's listed peers in Electric Utilities include Power Grid Corporation of India, Adani Green Energy, Adani Energy Solutions, Siemens Energy India, Tata Power Company. By market capitalisation it ranks #1 of 6 in this group.