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India
As of 18 Sept 2026, 03:30 pm
Between March 2019 and March 2020, Adani Power's total borrowings increased from ₹46,980 to ₹55,199. Over the same period, its fixed assets grew from ₹50,419 to ₹55,846, and its total assets increased from ₹67,985 to ₹75,025. The company's equity capital remained constant at ₹3,857, while reserves decreased from ₹3,855 to ₹2,624.
For the fiscal year ending March 2020, Adani Power reported Cash from Operating Activity of ₹5,598, a slight decrease from ₹5,610 in March 2019. Cash from Investing Activity was a outflow of ₹2,304 in March 2020, compared to an outflow of ₹984 in March 2019. Free Cash Flow decreased from ₹4,651 in March 2019 to ₹3,378 in March 2020.
On September 8, 2026, Adani Power assigned its 2500 MW Renewable Energy Round-The-Clock power supply contract to its subsidiary, Powerpulse Trading Solutions Limited. The company stated this assignment allows Adani Power to focus on thermal, nuclear, and international hydroelectric capacity expansion. Additionally, on September 7, 2026, Adani Power was approved as the successful resolution applicant to acquire GVK Energy Limited, which includes a 330 MW hydroelectric power plant in Uttarakhand, subject to regulatory approvals.
As of June 30, 2026 (Q1 FY27), Adani Power reported a revenue of $1,996 million and a Profit After Tax (PAT) of $514 million, which represents a 33% year-over-year increase. The company's Net Debt to Continuing EBITDA ratio was reported as 2.12x.
As of September 18, 2026, Adani Power's daily trend indicators show a closing price of ₹206.6, with the 20-day Exponential Moving Average (EMA) at ₹207.31 and the 50-day EMA at ₹209.47. The Supertrend indicator is 'bearish' at ₹216.5. On a monthly timeframe, the Supertrend indicator is 'bullish' at ₹141.99, with the 20-day EMA at ₹166.58 and the 50-day EMA at ₹154.58. The stock has shown a year-to-date return of 39% and a 1-year return of 64%.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price remains materially below a previous peak
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹18,901.89 crore | ₹14,223.09 crore | ₹12,451.44 crore | ₹13,456.84 crore | ₹14,109.15 crore |
| Expenses | PEAK₹13,021.81 crore | ₹11,605.11 crore | ₹10,049.68 crore | ₹10,341.59 crore | ₹10,369.39 crore |
| Profit Before Tax | PEAK₹6,300.49 crore | ₹4,383.98 crore | ₹2,945.02 crore | ₹3,966.20 crore | ₹4,204.31 crore |
| Profit Loss For Period | PEAK₹4,866.60 crore | ₹4,271.40 crore | ₹2,488.09 crore | ₹2,906.46 crore | ₹3,305.13 crore |
| Finance Costs | ₹901.37 crore | PEAK₹967.26 crore | ₹701.01 crore | ₹841.63 crore | ₹856.93 crore |
| Tax Expense | PEAK₹1,551.58 crore | ₹112.58 crore | ₹456.93 crore | ₹1,059.74 crore | ₹899.18 crore |
Segment profit before tax was ₹6,418.18 crore, which was ₹117.69 crore higher than the overall profit before tax of ₹6,300.49 crore.
Finance costs declined 6.8% sequentially to ₹901.37 crore from ₹967.26 crore in Q4, and were 5.2% higher than the ₹856.93 crore recorded in the same quarter last year.
Basic earnings per share for Q1 FY2026-27 was ₹2.49, up 19.7% from ₹2.08 in the prior quarter but down 71.1% from ₹8.62 in Q1 FY2025-26. The contrast between a 47.2% increase in net profit and a 71.1% decline in EPS over the same period indicates a substantial increase in the weighted average number of shares outstanding.
The quarter delivered a large revenue increase and operating leverage, producing a significant jump in pre-tax profit. The benefit was partially offset by a higher tax expense, and the net profit growth was further diluted by a major increase in the share count, causing earnings per share to fall sharply compared to the same quarter last year. The sequential comparison was also affected by an unusually low tax base in the prior quarter.
Exchange disclosures and regulatory announcements for Adani Power.
Adani Power Limited has informed the Exchange regarding 'Clarification on news item appearing in media article'. |SUBJECT: Updates
Adani Power Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
On September 8, 2026, Adani Power Limited assigned its 25-year Letter of Award for a 2500 MW Renewable Energy Round-The-Clock power supply contract from Maharashtra State Electricity Distribution Co. Limited to Powerpulse Trading Solutions Limited, a wholly owned subsidiary of Adani Energy Solutions Limited. The assignment, executed after securing requisite approvals, transfers all rights and obligations under the contract originally awarded on April 2, 2026, enabling Adani Power to focus on thermal, nuclear, and international hydroelectric capacity expansion.
Adani Power Limited announced on September 7, 2026, that it received an ESG score of 66 from NSE Sustainability, improving from a score of 65 in FY26, and remains in the 'Aspiring' category, ranking higher than other major Indian thermal and integrated energy companies.
On September 7, 2026, the Committee of Creditors of GVK Energy Limited approved a resolution plan submitted by Adani Power Limited to acquire the company under the Insolvency and Bankruptcy Code. Adani Power received a Letter of Intent from the Resolution Professional at 9:35 a.m. on the same date for GVKEL's 330 MW hydroelectric power plant in Uttarakhand. The acquisition remains subject to terms outlined in the Letter of Intent and requisite approvals from the National Company Law Tribunal and other regulatory authorities.
Adani Power Limited submitted an investor presentation to Indian stock exchanges on September 7, 2026, detailing its operational status and financial metrics as of June 30, 2026. The filing reports a Q1 FY27 revenue of $1,996 million and a Profit After Tax (PAT) of $514 million, representing a 33% year-over-year increase. Key operational highlights include a total installed capacity of 18,330 MW across 13 assets, with 95% of capacity tied up under long-term Power Purchase Agreements and a Net Debt to Continuing EBITDA ratio of 2.12x.
Adani Power Limited filed an investor presentation for September 2026. The presentation states Adani Power is India's largest private thermal power producer with an operating capacity of 18,330 MW across 13 assets and a target capacity of 42,050 MW. Key financial metrics for Q1 FY27 (quarter ending June 30, 2026) include revenue from operations of INR 18,902 crore, continuing EBITDA of INR 8,369 crore, and profit after tax of INR 4,867 crore. The company reported net debt of INR 47,643 crore as of June 30, 2026, and a net debt to continuing EBITDA ratio of 2.12 times for the trailing twelve months. The presentation highlights 95% of capacity tied up in long-term power purchase agreements and a locked-in growth pipeline of 23.7 GW with 100% land availability and BTG sets ordered.
India Ratings and Research upgraded Adani Power Limited's Non-Convertible Debentures and bank loan facilities to 'IND AA+' from 'IND AA' with a Stable Outlook, and affirmed short-term debt at 'IND A1+', effective September 1, 2026. The agency also assigned ratings to additional NCDs (Rs. 11,500 crore) and bank loan facilities (Rs. 10,000 crore). The upgrade reflects APL's strong business profile, fuel security, healthy cash flows, and enhanced earnings visibility from its expansion pipeline.
Recent market and company developments associated with Adani Power.
Adani group stocks rallied on Friday after Jefferies highlighted growth prospects across energy, ports and power businesses. Adani Total Gas gained over 12%, while Adani Energy Solutions, Adani Green, Adani Power and Adani Ports advanced following positive brokerage commentary and targets.
Adani Power, JP Power, Jaiprakash Associates Ltd, open offer, SEBI, Adani Power
India will protect its national interests as Bangladesh reviews bilateral agreements. Dhaka is auditing 101 pacts signed during the previous Awami League administration. Transit fees and power purchase agreements face potential renegotiation and restructuring. India's infrastructure funding and border security cooperation also face scrutiny.
Adani stocks, Adani Power share price, Adani Green share price, Adani Ports share price, Adani Energy share price
Power stocks Suzlon Energy and Adani Power faced declines in Tuesday's trading, with Suzlon down 2.5% and Adani slipping 0.8%. Operational issues at Adani's Godda plant and ongoing troubles for Suzlon contributed to this market pressure despite their long-term gains.
India is accelerating its nuclear power expansion to reach 100 GW by 2047. This ambitious goal necessitates securing substantial uranium supplies from global sources. New agreements with Uzbekistan, Australia, and Canada are diversifying fuel procurement strategies. Domestic policy changes now permit private companies to enter nuclear power generation. This dual approach aims to ensure fuel availability for future reactor capacity.
India News: Last month, when Prime Minister Narendra Modi arrived in Tashkent, the headline takeaway was diplomatic. India and Uzbekistan agreed to elevate their .
South Asia News: DHAKA: Bangladesh's electricity supply Friday came under further strain, intensifying load shedding, after a technical \"glitch\" shut down one of the t.
Comprehensive Section Breakdown for Adani Power
Strategic Vision: Generates electricity through thermal and solar power projects.
• Operates a significant power generation capacity across multiple states.
• Engages in both thermal and solar power generation.
Adani Power reported a large increase in revenue for the first quarter of FY2026-27 (ended June 30, 2026), with expenses rising at a much slower pace, producing a significant jump in profit before tax. However, a substantial increase in tax expense and a significant expansion in the share count kept net profit growth and earnings per share well below the pre-tax improvement.
Revenue from operations rose to ₹18,901.89 crore in Q1 FY2026-27, a 32.9% increase from ₹14,223.09 crore in the previous quarter and a 34.0% increase from ₹14,109.15 crore in the same quarter a year ago. Expenses grew 12.2% sequentially to ₹13,021.81 crore, far less than the revenue increase. The gap between revenue and expense growth widened substantially, reflecting operating leverage in the quarter.
On a year-over-year basis, expenses increased 25.6%, again trailing the 34.0% revenue growth. The revenue-to-expense relationship was the primary driver of the quarter’s profit expansion.
Profit before tax reached ₹6,300.49 crore, up 43.7% from ₹4,383.98 crore in Q4 FY2025-26 and up 49.9% from ₹4,204.31 crore in the year-ago quarter. The sequential growth in PBT was more than three times the rate of expense growth, consistent with the operating leverage observed.
Net profit (profit for the period) rose to ₹4,866.60 crore, a 13.9% increase sequentially and a 47.2% increase year-over-year. The slower sequential growth relative to PBT was due to a large increase in tax expense: from ₹112.58 crore in Q4 (an unusually low amount) to ₹1,551.58 crore in Q1. The effective tax rate for the quarter was approximately 24.6%, compared to 2.6% in the prior quarter. The year-over-year effective tax rate also increased, from 21.4% to 24.6%.
Management said Adani Power has received NCLT Ahmedabad approval for the amalgamation of nine wholly-owned subsidiaries, with appointed date April 1, 2025. The scheme will become effective after completing the prescribed steps, and the company will update exchanges once effective.
Separately, the amalgamation of Vidarbha Industries Power Limited remains pending before NCLT Mumbai. This update primarily covers corporate restructuring progress and does not include demand, pricing, or capacity guidance.
Category: Manufacturing
Operates thermal power plants strategically located across multiple Indian states, providing power to industrial and residential consumers.
Category: Manufacturing
Operates a solar power project situated in Gujarat, contributing to the company's electricity generation capacity.
Core Thesis: The company aims to provide sustainable, affordable, and reliable power by transforming generating units, adopting new technologies, reducing costs, and improving plant availability.
• Flexible Operation: Transforming generating units for flexible operation to adapt to changing energy demands. • Sustainable Operations: Adopting new technologies for sustainable and lower-emission operations. • Cost Affordability: Reducing generation costs to ensure power affordability for consumers. • Reliable Power Supply: Providing reliable power through improved plant availability and operational efficiency.