Valuation Adani Power Limited

Equities

Delayed NSE India S.E. Other stock markets 01:22:37 16/03/2026 pm IST			5-day change	1st Jan Change
151.11 ^INR	+3.10%		+8.44%	+5.50%

15/03	Adani Power says receives LoA from MSEDCL for 1,600 MW long-term power supply	RE
27/02	Kirloskar Brothers Clinches Orders Worth INR2.1 Billion for Supply of Water Pumps	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2024	2025	2026	2027	2028
Capitalization ¹	3,28,033	7,13,919	20,58,834	19,64,339	28,26,558	-	-
Change	-	117.64%	-	-4.59%	43.89%	-	-
Enterprise Value (EV) ¹	8,03,601	7,13,919	20,58,834	19,64,339	32,15,650	33,51,539	35,38,838
Change	-	-11.16%	-	-4.59%	63.7%	4.23%	5.59%
P/E ratio	1,418x	-	10.3x	15.8x	25.1x	20.1x	16.7x
PBR	137x	-	-	3.49x	4.19x	3.45x	2.86x
PEG	-	-	-	-0.4x	-2.64x	0.8x	0.8x
Capitalization / Revenue	1.25x	2.58x	-	3.5x	5.23x	4.49x	3.82x
EV / Revenue	3.06x	2.58x	-	3.5x	5.95x	5.33x	4.79x
EV / EBITDA	9.27x	7.27x	-	9.22x	16x	13.5x	11.7x
EV / EBIT	14.7x	10.7x	-	11.6x	20.4x	16.9x	14.9x
EV / FCF	23.7x	10.5x	-	19.8x	14.8x	14.7x	10.8x
FCF Yield	4.23%	9.52%	-	5.06%	6.74%	6.79%	9.28%
Dividend per Share ²	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-
EPS ²	0.012	-	10.32	6.464	5.85	7.303	8.787
Distribution rate	-	-	-	-	-	-	-
Net sales ¹	2,62,215	2,77,112	-	5,62,031	5,40,391	6,28,894	7,39,305
EBITDA ¹	86,685	98,142	-	2,13,054	2,01,144	2,48,032	3,02,781
EBIT ¹	54,669	66,966	-	1,69,966	1,57,549	1,98,090	2,37,551
Net income ¹	12,700	49,116	2,08,288	1,29,388	1,10,452	1,37,616	1,65,956
Net Debt ¹	4,75,569	-	-	-	3,89,092	5,24,981	7,12,280
Reference price ²	17.01	37.02	106.76	101.86	146.57	146.57	146.57
Nbr of stocks (in thousands)	1,92,84,695	1,92,84,695	1,92,84,695	1,92,84,695	1,92,84,695	-	-
Announcement Date	06/05/21	05/05/22	01/05/24	30/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ADANI POWER LIMITED	25.05x	5.95x	15.99x	-	3.06TCr
NTPC LTD	18x	3.12x	11.97x	2.36%	4.03TCr
SDIC POWER HOLDINGS CO., LTD	16.21x	5.07x	10.01x	3.6%	1.72TCr
TALEN ENERGY CORPORATION	14.91x	-	-	0.06%	1.44TCr
CHINA RESOURCES POWER HOLDINGS COMPANY LIMITED	6.94x	2.96x	7.41x	5.67%	1.27TCr
HUADIAN POWER INTERNATIONAL CORPORATION LIMITED	9.13x	1.39x	8.25x	4.63%	865.33Cr
CAPITAL POWER CORPORATION	28x	4.25x	9.68x	4.51%	702.9Cr
HUBEI ENERGY GROUP CO., LTD.	13.51x	-	-	-	513.29Cr
FUJIAN FUNENG CO., LTD.	10.25x	-	-	2.99%	445.07Cr
Average	15.78x	3.79x	10.55x	3.4%	1.56TCr
Weighted average by Cap.	17.54x	4.07x	11.82x	3.01%