# ADANIPOWER (ADANIPOWER) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/adanipower

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹206.6
- Change: +0.33%
- As of: 2026-09-18
- 1D return: +0.33%
- 5D return: -3.23%
- 1M return: +1.27%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ADANIPOWER's technical stance presents a mixed picture across different timeframes. The daily timeframe shows a bearish Supertrend with the price below key moving averages like the 20-day EMA (₹207.31) and 50-day EMA (₹209.47), suggesting short-term weakness. However, the weekly and monthly timeframes indicate a bullish Supertrend, with the price above the 20-day EMA on the monthly chart (₹166.58) and above the 50-day EMA on the weekly chart (₹184.46). This divergence suggests a potential consolidation or pullback within a broader longer-term uptrend. The stock is currently trading near its immediate resistance level of ₹207.13, which is also close to the 20-day EMA. Nearest support is observed around ₹205.63. The stock has experienced some market attention events in the past 30 days, with 3 positive, 1 neutral, and 0 downside events.

Volatility remains a factor, with an annualized volatility of 42% and an Average True Range (ATR) representing 2.72% of the current price. The stock is trading at 0.65 of its 252-day range and 0.28 of its 50-day range, indicating it is closer to the upper half of its longer-term trading range but closer to the lower half of its medium-term range. Recent patterns include an active Inside Bar on the monthly chart and a Bearish Engulfing Reversal on the weekly chart as of September 18, 2026.

- Daily timeframe shows a bearish Supertrend, with price below the 20-day EMA (₹207.31) and 50-day EMA (₹209.47).
- Weekly and monthly timeframes exhibit a bullish Supertrend, with price above the 50-day EMA (₹184.46) on the weekly chart.
- Nearest resistance is at ₹207.13, approximately 0.25% above the current price.
- Nearest support is identified at ₹205.63, approximately 0.47% below the current price.
- Watch for a sustained break above ₹207.13 to challenge higher resistance levels, or a move below ₹205.63 to test further support.

- Inside Bar
- Bearish Engulfing Reversal
- Doji
- Harami
- Outside Bar

### News Context

In the week ending September 18, 2026, Adani Power experienced a share price decline of 0.8% on September 16, alongside Suzlon Energy's 2.5% drop. This was attributed by media reports to operational issues at Adani's Godda plant and ongoing challenges for Suzlon, despite their longer-term gains. Earlier in the week, a technical "glitch" at an Adani Power unit reportedly impacted Bangladesh's electricity supply, intensifying load shedding in the region. Separately, on September 18, Jefferies shared target prices for Adani Power and other Adani group stocks.

- On September 16, Adani Power's share price fell by 0.8%, with reports citing operational issues at its Godda plant.
- A technical "glitch" at an Adani Power unit reportedly affected Bangladesh's electricity supply on September 12.
- On September 18, Jefferies released target prices for Adani Power and other Adani group companies.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Suzlon Energy, Adani Power share prices fall: Check 1-week, 1-year and 5-year returns
- From Uzbekistan to Canada: A look at India’s global uranium hunt
- The Uranium rush: Inside India's scramble to fuel its nuclear ambitions
- Tech glitch at Adani power unit hits Bangladesh grid

### What Changed

As of September 18, 2026, Adani Power's stock traded at ₹206.6, a slight increase from its previous price of ₹205.92. Recent news includes a report from Jefferies sharing target prices for several Adani Group stocks, including Adani Power. No new filings were reported on this date. The company continues to be listed on the NSE.

- On 2026-09-18, Adani Power's stock closed at ₹206.6.
- The previous closing price on the NSE for Adani Power was ₹205.92.
- Jefferies shared target prices for Adani Power in recent news.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices

### Official Filings

Adani Power Limited (APL) has made several significant disclosures in September 2026. The company announced on September 7, 2026, that it is set to acquire GVK Energy Limited (GVKEL) via a resolution plan approved by GVKEL's Committee of Creditors. This acquisition, which is subject to regulatory approvals, includes GVKEL's 330 MW hydroelectric power plant in Uttarakhand. In a strategic move to focus on its core thermal, nuclear, and international hydroelectric capacity expansion, APL assigned its 25-year, 2500 MW Renewable Energy Round-The-Clock power supply contract from Maharashtra State Electricity Distribution Co. Limited to Powerpulse Trading Solutions Limited, a subsidiary of Adani Energy Solutions Limited, on September 8, 2026. This assignment followed the original contract award on April 2, 2026. Furthermore, India Ratings and Research upgraded APL's long-term debt ratings to 'IND AA+' from 'IND AA' with a Stable Outlook, effective September 1, 2026, citing the company's strong business profile, fuel security, healthy cash flows, and expansion pipeline. APL also reported its financial results for the first quarter of FY27 (ending June 30, 2026), with revenue from operations at INR 18,902 crore and profit after tax at INR 4,867 crore. The company highlighted an installed capacity of 18,330 MW, with 95% of this capacity secured under long-term Power Purchase Agreements, and a net debt to continuing EBITDA ratio of 2.12 times.

- On September 7, 2026, Adani Power Limited received a Letter of Intent for the acquisition of GVK Energy Limited's 330 MW hydroelectric power plant, subject to regulatory approvals.
- On September 8, 2026, Adani Power Limited assigned its 2500 MW renewable energy contract with Maharashtra State Electricity Distribution Co. Limited to Powerpulse Trading Solutions Limited.
- India Ratings and Research upgraded Adani Power Limited's long-term debt rating to 'IND AA+' with a Stable Outlook on September 1, 2026.
- For Q1 FY27 (ending June 30, 2026), Adani Power reported revenue from operations of INR 18,902 crore and profit after tax of INR 4,867 crore.
- As of June 30, 2026, Adani Power had an installed capacity of 18,330 MW, with 95% under long-term Power Purchase Agreements and a Net Debt to Continuing EBITDA ratio of 2.12x.

- Adani Power Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Adani Power Limited has informed the Exchange about Assignment of Maharashtra State Electricity Distribution Co. Limited s 2500 MW RE RTC Power Supply Contract by Adani Power Limited to Powerpulse Trading Solutions Limited |SUBJECT: General Updates
- Adani Power Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Adani Power Recognized for Outstanding ESG Performance by NSE Sustainability". |SUBJECT: Press Release
- Adani Power Limited has informed the Exchange about Declaration of the Successful Resolution Applicant and issuance of Letter of Intent for acquiring GVK Energy Limited |SUBJECT: General Updates
- Adani Power Limited has informed the Exchange about Investor Presentation in USD |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Adani Power Limited has informed the Exchange about Investor Presentation in INR |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Adani Power Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating
- ADANI POWER LIMITED has informed the Exchange regarding Sale or disposal of unit(s)/division(s)/subsidiary |SUBJECT: Sale or disposal-XBRL
- Adani Power Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation
- Adani Power Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

Adani Power's recent operating performance shows a mixed trajectory. Revenue from operations for the quarter ending June 2026 is projected at ₹18,901.89 crore, a significant increase from ₹14,223.09 crore in the quarter ending March 2026. However, projected expenses are also rising, from ₹11,605.11 crore in March 2026 to ₹13,021.81 crore in June 2026. Profit Before Tax (PBT) is expected to grow from ₹4,383.98 crore in March 2026 to ₹6,300.49 crore in June 2026. Net Profit for the period is projected to increase from ₹4,271.40 crore in March 2026 to ₹4,866.60 crore in June 2026. The company's financial health shows a decreasing trend in borrowings, from ₹42,596 crore in March 2023 to ₹34,862 crore in March 2024, with a projected increase to ₹39,495 crore by March 2025. Reserves have shown a strong upward trend, increasing from ₹25,772 crore in March 2023 to ₹39,042 crore in March 2024. The Cash Flow from Operations (CFO) has fluctuated, standing at ₹14,170 crore in March 2024, with projections of ₹21,501 crore for March 2025 and ₹20,514 crore for March 2026. Free Cash Flow was ₹11,568 crore in March 2024, projected at ₹9,957 crore for March 2025, and a negative ₹2,817 crore for March 2026. Key areas to monitor include the increasing trend in CWIP (Capital Work-in-Progress) from ₹925 crore in March 2024 to a projected ₹35,053 crore by March 2026, and the projected negative Free Cash Flow in March 2026.

- Projected Revenue from Operations for Q1 FY2026-27 is ₹18,901.89 crore.
- Projected Profit Loss For Period for Q1 FY2026-27 is ₹4,866.60 crore.
- Borrowings decreased from ₹42,596 crore in March 2023 to ₹34,862 crore in March 2024.
- Reserves increased from ₹25,772 crore in March 2023 to ₹39,042 crore in March 2024.
- Projected Free Cash Flow for March 2026 is a negative ₹2,817 crore.

### Bull Case

Adani Power has demonstrated growth in its top and bottom lines over the medium term. The company's compounded sales growth over five years was 16%, and compounded profit growth over the same period was 58%. In the Trailing Twelve Months (TTM) period, sales grew by 7% and profits by 15%. The company's balance sheet shows an increase in Fixed Assets from ₹50,419 crore in March 2019 to ₹55,846 crore in March 2020, alongside an increase in Construction Work in Progress (CWIP) from ₹350 crore to ₹2,347 crore over the same period. Cash flow from operations remained stable, with ₹5,610 crore in March 2019 and ₹5,598 crore in March 2020. The company also generated positive Free Cash Flow of ₹3,378 crore in March 2020, an improvement from the previous year's ₹4,651 crore, and a net cash flow of ₹917 crore in March 2020 compared to a negative ₹37 crore in March 2019. Technically, the weekly trend indicates a bullish Supertrend, suggesting upward momentum over a longer timeframe.

- Compounded sales growth over 5 years was 16% and compounded profit growth was 58%.
- Fixed Assets increased to ₹55,846 crore in March 2020 from ₹50,419 crore in March 2019.
- Cash from Operating Activity was ₹5,598 crore for the period ending March 2020.
- Free Cash Flow was ₹3,378 crore for the period ending March 2020.
- Net Cash Flow was ₹917 crore for the period ending March 2020, a positive shift from the prior year.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Suzlon Energy, Adani Power share prices fall: Check 1-week, 1-year and 5-year returns
- From Uzbekistan to Canada: A look at India’s global uranium hunt
- The Uranium rush: Inside India's scramble to fuel its nuclear ambitions
- Tech glitch at Adani power unit hits Bangladesh grid

### Bear Case

Adani Power's balance sheet shows a significant increase in borrowings, rising from ₹46,980 million in March 2019 to ₹55,199 million in March 2020. Concurrently, its reserves decreased from ₹3,855 million to ₹2,624 million over the same period. The company's cash flow from investing activities also saw a substantial increase in outflows, moving from ₹984 million in March 2019 to ₹2,304 million in March 2020. Free cash flow declined from ₹4,651 million to ₹3,378 million between these periods. Recent operational issues, including a technical glitch at its Godda plant impacting the Bangladesh grid and general operational issues, have been noted in news reports.

- Borrowings increased by ₹8,219 million from ₹46,980 million (Mar 2019) to ₹55,199 million (Mar 2020).
- Reserves decreased by ₹1,231 million from ₹3,855 million (Mar 2019) to ₹2,624 million (Mar 2020).
- Cash outflow from investing activities rose from ₹984 million (Mar 2019) to ₹2,304 million (Mar 2020).
- Free Cash Flow decreased by ₹1,273 million from ₹4,651 million (Mar 2019) to ₹3,378 million (Mar 2020).
- News reports indicate operational issues, including a technical glitch at the Godda plant affecting the Bangladesh grid.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Suzlon Energy, Adani Power share prices fall: Check 1-week, 1-year and 5-year returns
- From Uzbekistan to Canada: A look at India’s global uranium hunt
- The Uranium rush: Inside India's scramble to fuel its nuclear ambitions
- Tech glitch at Adani power unit hits Bangladesh grid

### FAQs

**How has Adani Power's financial leverage and asset base changed between March 2019 and March 2020?**

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.

**What were Adani Power's cash flow trends from operations and investing activities for the fiscal years ending March 2019 and March 2020?**

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.

**What recent corporate actions has Adani Power undertaken, and what is their stated purpose?**

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.

**What is Adani Power's recent financial performance as of June 30, 2026, and what is its debt-to-EBITDA ratio?**

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.

**What are the key technical indicators for Adani Power as of September 18, 2026?**

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%.

- Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices
- Suzlon Energy, Adani Power share prices fall: Check 1-week, 1-year and 5-year returns
- From Uzbekistan to Canada: A look at India’s global uranium hunt
- The Uranium rush: Inside India's scramble to fuel its nuclear ambitions
- Tech glitch at Adani power unit hits Bangladesh grid
- Adani Power Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Adani Power Limited has informed the Exchange about Assignment of Maharashtra State Electricity Distribution Co. Limited s 2500 MW RE RTC Power Supply Contract by Adani Power Limited to Powerpulse Trading Solutions Limited |SUBJECT: General Updates
- Adani Power Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Adani Power Recognized for Outstanding ESG Performance by NSE Sustainability". |SUBJECT: Press Release
- Adani Power Limited has informed the Exchange about Declaration of the Successful Resolution Applicant and issuance of Letter of Intent for acquiring GVK Energy Limited |SUBJECT: General Updates
- Adani Power Limited has informed the Exchange about Investor Presentation in USD |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹204.71
- Risk regime: Price Risk Requires Attention

### Support levels
- 205.6275
- 201.60000000000002
- 198

### Resistance levels
- 222.5
- 228.5725
- 234.95

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.33% |
| return_10 | -0.81% |
| return_1m | +0.50% |
| return_1y | +63.62% |
| return_20 | +1.27% |
| return_3m | -10.40% |
| return_5 | -3.23% |
| return_6m | +34.09% |
| return_since_start | +96.15% |
| return_ytd | +38.88% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -22.15% |
| annualized_volatility | +42.31% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue and Profit Rise Significantly; Tax Expense and Dilution Moderate Net Profit Growth

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 Growth and Operating Leverage

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.

## Profitability and Tax Impact

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%.

## Segment Profit Before Tax

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

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.

## Earnings Per Share Dilution

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.

## Management Commentary

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.

## Key Takeaway

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.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_18092026235910_APLclarificationonmediaarticle18092026.pdf)
- 2026-09-14 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_14092026130833_APLinteractionwithInvestors14092026.pdf)
- 2026-09-08 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_08092026230030_12390.pdf)
- 2026-09-07 — Press Release: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_07092026162206_APLpressreleaseforNSEESG07092026.pdf)
- 2026-09-07 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_07092026163040_APLLOIResoPlanapprovedbyCOCGVK07092026.pdf)
- 2026-09-07 — Earnings Presentation: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_07092026172530_APLInvestorPresentationpublicationUSD07092026.pdf)
- 2026-09-07 — Earnings Presentation: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_07092026172301_APLInvestorPresentationpublicationINR07092026.pdf)
- 2026-09-01 — Credit Rating Update: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_01092026125513_APLCreditRatingInd-Ra01092026.pdf)
- 2026-08-28 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2901_WebXMLFile_20260828_173351165.xml)
- 2026-08-22 — Earnings Presentation: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_22082026190454_APLInvestorPresentationUSD22082026.pdf)
- 2026-08-21 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_21082026205119_APLIntiofinteractionwithInvestors21082026.pdf)
- 2026-08-20 — Litigation Disclosure: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_20082026200738_APLAPTELOrder20082026.pdf)
- 2026-08-18 — Credit Rating Update: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_18082026091539_APLCreditRatingenhancementCARE14082026.pdf)
- 2026-08-14 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_14082026211317_APLscrutinizerreportvotingresults14082026.pdf)
- 2026-08-06 — Generic Announcement: Adani Power Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_06082026212636_APLInvestorAnalystMeet06082026.pdf)
- 2026-08-05 — Official Filing: Adani Power Limited announced that the National Company Law Tribunal (NCLT) Ahmedabad sanctioned the amalgamation scheme for nine of its wholly owned subsidiaries on August 4, 2026. The scheme, with an appointed date of April 1, 2025, is still pending before the NCLT Mumbai for Vidarbha Industries Power Limited. Adani Power Limited will provide further updates once the scheme becomes effective. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_05082026130712_APLNCLTorderAhmedabad05082026.pdf)
- 2026-08-01 — Official Filing: Adani Power Limited has revised its Q1 FY27 results presentation, originally submitted on July 23, 2026. The updated presentation is now attached and uploaded to the company website. The filing also details operational highlights including a 17% increase in dispatch performance and a 3.4% increase in Plant Load Factor (PLF) for June 2026 year-to-date. Financially, the company reported a 26.60% increase in continuing operating revenue to ₹14,167 crore and a 36% increase in reported EBITDA to ₹6,150 crore for Q1 FY27 compared to Q1 FY26. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_01082026165730_APLRevisedEarningsCallInvestorPresentation01082026.pdf)
- 2026-08-01 — Official Filing: Adani Power Limited has released an investor presentation for August 2026, detailing its financial performance and strategic outlook. The company reported a Profit After Tax (PAT) of ₹4,867 crore for Q1 FY27, with revenue from operations at ₹18,901 crore and EBITDA at ₹8,369 crore. Adani Power highlights its position as India's largest private baseload power producer with a current operating capacity of 18.33 GW and a target of 42.05 GW by FY32, supported by a robust order book and fuel supply agreements. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_01082026164157_APLInvestorPresentationAugust202601082026.pdf)
- 2026-07-29 — Official Filing: Adani Power Limited reported its highest ever quarterly performance for Q1 FY27, with total continuing revenue of INR 17,936 crores (up 27% year-on-year) and profit after tax of INR 4,867 crores (up 47% year-on-year). The company achieved its highest ever quarterly power generation of 31 billion units, a 17% increase. Key strategic developments included the acquisition of a stake in Jaiprakash Associates' power assets and signing a 25-year PPA with Maharashtra DISCOM for 1,600 MW. Adani Power is expanding its portfolio towards a 45 GW target and is exploring nuclear power opportunities. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_29072026214437_APLearningscalltranscript29072026.pdf)
- 2026-07-28 — Official Filing: Adani Power Limited will participate in an in-person group of analysts meeting on August 3, 2026, at 8:00 am IST in Mumbai. This interaction is categorized as a Sell Side Analyst Meeting focused on the Power Sector. The company noted that the date is subject to change due to exigencies. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_28072026182509_APLInteractionwithInvestors28072026.pdf)
- 2026-07-23 — Official Filing: Adani Power Limited published extracts of its Unaudited Financial Results for the quarter ended June 30, 2026, in the "Indian Express" and "Financial Express" newspapers on July 23, 2026. These results were approved by the Board of Directors on July 22, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_23072026135102_APLUFRNewpaperPublication23072026.pdf)
- 2026-07-23 — Official Filing: Adani Power Limited has provided a link to the audio recording of its post-results update call with analysts and investors, which took place on July 23, 2026. The recording is accessible via a provided URL. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_23072026193242_APLAudioLinkofInvestorConference23072026.pdf)
- 2026-07-23 — Official Filing: Adani Power Limited approved the issuance of 7,500,000,000 equity shares under Qualified Institutional Placement on July 22, 2026, for a total amount of INR 150,000,000,000. The board meeting considering this fund raising occurred on July 22, 2026, with prior intimation given to the stock exchange on July 18, 2026. An AGM or EGM is scheduled for August 14, 2026.
- 2026-07-23 — Official Filing: Adani Power Limited announced an Extraordinary General Meeting (EGM) to be held on August 14, 2026, via Video Conferencing and will include information on remote e-voting. Separately, Muthoot Fincorp Limited will auction unredeemed gold ornaments on August 24, 2026, at various branches. Gujarat is seeking a Master Developer for the PM MITRA Park in Vansi, Navsari, with bids due by August 29, 2026. Intas Pharmaceutical Limited received an amendment to its Environmental Clearance on July 15, 2026. Neogen Chemicals Limited is notifying shareholders about the transfer of shares with unclaimed dividends to the IEPF Authority, with a claim deadline for FY 2018-19 dividends on October 25, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/ADANIPOWER_23072026135154_APLEGMnewspaperpublication23072026.pdf)

## News and market events

- 2026-09-18 — Economic Times: **Adani stocks soar up to 12% after Jefferies sees up to 53% upside in Adani Energy and others** — 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. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/adani-stocks-soar-up-to-12-after-jefferies-sees-up-to-53-upside-in-adani-energy-and-others/articleshow/134332474.cms)
- 2026-09-18 — MONEYCONTROL: **Adani Power eyes 51% stake in JP Power by end of 2026, open offer likely at Rs 25/share** — Adani Power, JP Power, Jaiprakash Associates Ltd, open offer, SEBI, Adani Power — [Source](https://www.moneycontrol.com/news/business/adani-power-eyes-51-stake-in-jp-power-by-end-of-2026-open-offer-likely-at-rs-25-share-14033223.html)
- 2026-09-18 — Economic Times: **MEA asserts it will protect national interests amid Bangladesh’s review of 101 bilateral pacts** — 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. — [Source](https://economictimes.indiatimes.com/news/india/mea-asserts-it-will-protect-national-interests-amid-bangladeshs-review-of-101-bilateral-pacts/articleshow/134335538.cms)
- 2026-09-18 — BUSINESSTODAY: **Adani Power, Adani Green, Adani Ports, Adani Energy: Jefferies shares target prices** — Adani stocks, Adani Power share price, Adani Green share price, Adani Ports share price, Adani Energy share price — [Source](https://www.businesstoday.in/markets/stocks/story/adani-power-adani-green-adani-ports-adani-energy-jefferies-shares-target-prices-556323-2026-09-18)
- 2026-09-16 — Mint: **Suzlon Energy, Adani Power share prices fall: Check 1-week, 1-year and 5-year returns** — 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. — [Source](https://www.livemint.com/market/stock-market-news/suzlon-energy-adani-power-share-prices-fall-check-1-week-1-year-and-5-year-returns-11789532352034.html)
- 2026-09-14 — Economic Times: **From Uzbekistan to Canada: A look at India’s global uranium hunt** — 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. — [Source](https://economictimes.indiatimes.com/industry/renewables/from-uzbekistan-to-canada-a-look-at-indias-global-uranium-hunt/articleshow/134235729.cms)
- 2026-09-13 — Times of India: **The Uranium rush: Inside India's scramble to fuel its nuclear ambitions** — India News: Last month, when Prime Minister Narendra Modi arrived in Tashkent, the headline takeaway was diplomatic. India and Uzbekistan agreed to elevate their . — [Source](https://timesofindia.indiatimes.com/india/the-uranium-rush-inside-indias-scramble-to-fuel-its-nuclear-ambitions/articleshow/134206216.cms)
- 2026-09-12 — Times of India: **Tech glitch at Adani power unit hits Bangladesh grid** — 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. — [Source](https://timesofindia.indiatimes.com/world/south-asia/tech-glitch-at-adani-power-unit-hits-bangladesh-grid/articleshow/134099803.cms)
- 2026-09-10 — BUSINESSTODAY: **Jefferies sees 46% upside potential in this Adani stock; shares targets for AGEL, Adani Power** — Adani Energy Solutions, Jefferies, Adani Green Energy, AGEL, Adani Power, MSEDCL, RTC power, trading segment, Adani stocks, stock target price — [Source](https://www.businesstoday.in/markets/stocks/story/jefferies-sees-46-upside-potential-in-this-adani-stock-shares-targets-for-agel-adani-power-554523-2026-09-10)
- 2026-09-10 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today —10 September 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today — One 97 Communications, Global Health, Adani Power, JSW Infrastructure, and Aditya Birla Sun Life Amc. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-10-september-2026-11789001772273.html)
- 2026-09-09 — REDIFF.COM: **Gains for power stocks depend on execution, valuations** — India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth. — [Source](https://www.rediff.com/business/report/india-power-sector-growth-renewables-capacity-expansion-and-investment-outlook/20260909.htm)
- 2026-09-09 — BUSINESSTODAY: **'Buy on dips' in Adani Power post 54% rally in six months? Analysts on fresh price targets** — Adani Power profitbooking, Adani Power shares fall, Adani Power share price targets, Adani Power shares rise, Adani Power shares in bull run, Adani Power shares rally, Adani Power price outlook, Adani Power price target, Adani Power target price, Adani Power stock rises , Adani Power stock gains, Adani Power stock in news, Adani Power stock price today , Adani Power stock target price, Adani Power shares in news, Adani Power stock outlook — [Source](https://www.businesstoday.in/markets/stocks/story/buy-on-dips-in-adani-power-post-54-rally-in-six-months-analysts-on-fresh-price-targets-554300-2026-09-09)
- 2026-09-09 — BUSINESSTODAY: **AEL, Adani Power, Adani Ports, Adani Energy: Why Adani stocks are rising today** — Adani Enterprises share, AEL share price, Adani Power share price, Adani Ports share price, Adani Energy Solutions share price, Adani stocks — [Source](https://www.businesstoday.in/markets/stocks/story/ael-adani-power-adani-ports-adani-energy-why-adani-stocks-are-rising-today-554299-2026-09-09)
- 2026-09-09 — Mint: **Adani Power, Adani Enterprises to Adani Ports — Why are Gautam Adani's Group stocks rising today? Explained** — Gautam Adani-owned stocks are skytocketing on Wednesday after the announcement of fundraise from marquee global investors — Alpha Wave Global, Premji Invest, Temasek and BlackRock — [Source](https://www.livemint.com/market/stock-market-news/adani-power-adani-enterprises-to-adani-ports-why-are-gautam-adani-owned-stocks-rising-today-explained-11788930321704.html)
- 2026-09-09 — BUSINESSTODAY: **Adani Energy shares in focus as arm signs 2,500 MW power deal with MSEDCL** — Adani Energy shares, Adani Energy share price, Adani Energy share, Adani Energy news, Adani stocks, Adani news — [Source](https://www.businesstoday.in/markets/stocks/story/adani-energy-shares-in-focus-as-arm-signs-2500-mw-power-deal-with-msedcl-554125-2026-09-09)
- 2026-09-09 — Mint: **With eight acquisitions, Adani Power is the most prolific buyer from bankruptcy court | Company Business News** — Adani Power has made distressed assets a thrifty route to scale, with a third of its operational capacity now coming from acquisitions under the bankruptcy law. — [Source](https://www.livemint.com/companies/adani-power-acquisition-strategy-bankrupt-companies-gvk-energy-11788855834581.html)
- 2026-09-08 — CNBC-TV18: **Adani Power shifts 2,500 MW Maharashtra power deal to group company** — Adani Power will transfer a 25-year contract to supply 2,500 MW of round-the-clock renewable power to Maharashtra to a group company, allowing it to focus on long-term baseload power generation. — [Source](https://www.cnbctv18.com/market/adani-power-shifts-2500-mw-maharashtra-power-deal-to-group-company-19987033.htm)
- 2026-09-08 — Economic Times: **Assam CM Himanta Biswa Sarma reviews Advantage Assam 2.0 investment progress, focusing on cement, power, and renewables** — Assam Chief Minister Himanta Biswa Sarma reviewed investment progress today. He discussed project challenges with leading companies like Ambuja Cements and Adani Power. The Chief Minister directed departments to resolve bottlenecks promptly and effectively. He stressed continuous government and investor engagement for timely project execution. Improved road connectivity to project sites was also emphasized for industrial growth. — [Source](https://economictimes.indiatimes.com/news/india/assam-cm-himanta-biswa-sarma-reviews-advantage-assam-2-0-investment-progress-focusing-on-cement-power-and-renewables/articleshow/133932195.cms)
- 2026-09-08 — BUSINESSTODAY: **Adani Power: 27% CAGR in net profit, 36% for EPS; where is the Adani Group multibagger headed?** — Adani Power, Adani Power stock price, Adani Power share price target, Adani Power stock, Adani Power, Adani Power power shares gain — [Source](https://www.businesstoday.in/markets/stocks/story/adani-power-cagr-in-net-profit-eps-where-is-the-adani-group-multibagger-headed-553913-2026-09-08)
- 2026-09-07 — Mint: **Adani Power share price: Company makes ESG-related announcement; what investors need to know** — Adani Power reported an improved ESG score of 66 from NSE Sustainability, leading in the Indian energy sector.  — [Source](https://www.livemint.com/market/stock-market-news/adani-power-share-price-company-makes-esg-related-announcement-what-investors-need-to-know-11788798405262.html)
- 2026-09-07 — FREEPRESSJOURNAL.IN: **Supreme Court Dismisses Environmental Clearance Challenge To Adani Project, Calls Plea ‘Misuse Of Process’ In MP’s Singrauli** — The Supreme Court dismissed environmental activist Ajay Dubey’s fresh plea challenging the environmental clearance granted to an Adani-linked project in MP’s Singrauli, calling it a “misuse of process”. The petitioner raised concerns over 1,400 hectares of forest and alleged that more than 600,000 trees could be felled in an elephant corridor. — [Source](https://www.freepressjournal.in/topnews/supreme-court-dismisses-environmental-clearance-challenge-to-adani-project-calls-plea-misuse-of-process-in-mps-singrauli)
- 2026-09-07 — Mint: **Top stocks in focus tomorrow: Investors must watch Adani Power, Swiggy, Shiprocket shares on Tuesday, 8 Sept | Triggers** — The Indian stock market continued its decline on September 7, with the Nifty 50 down 0.57% and the Sensex falling 0.5%. Technology stocks led the losses, while the pharma sector showed some resilience. Investors are advised to consult experts before making decisions. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-in-focus-tomorrow-investors-must-watch-adani-power-swiggy-shiprocket-shares-on-tuesday-8-sept-triggers-11788790989089.html)
- 2026-09-07 — NEWS.WEBINDIA123.COM: **Adani Power recognised for 'Environmental, Social, and Governance' performance by NSE Sustainability** — Adani Groups thermal power arm, Adani Power Limited, has been recognised for Environmental, Social and Governance (ESG) performance by NSE Sustainability, the company said in a release on Monday. — [Source](https://news.webindia123.com/news/articles/business/20260907/4495836.html)
- 2026-09-07 — CNBC-TV18: **Adani Power receives LoI to acquire GVK Energy's 330 MW hydro power plant** — Adani Power has been selected to acquire GVK Energy through the insolvency process, adding a 330 MW hydropower project in Uttarakhand to its portfolio. — [Source](https://www.cnbctv18.com/business/companies/adani-power-receives-loi-to-acquire-gvk-energys-330-mw-hydro-power-plant-19985760.htm)
- 2026-09-07 — BUSINESSTODAY: **Adani Power secures LoI to acquire GVK Energy; details here** — Adani Power, GVK Energy, GVKEL, Adani Power GVK Energy acquisition, Letter of Intent, LoI, Committee of Creditors, CoC, Resolution Plan, Corporate Insolvency Resolution Process, CIRP, NCLT, Alaknanda Hydro Power Company, hydroelectric power plant, Uttarakhand, CCI, Competition Commission of India, ESG, NSE Sustainability, thermal power, power sector — [Source](https://www.businesstoday.in/markets/stocks/story/adani-power-secures-loi-to-acquire-gvk-energy-details-here-553725-2026-09-07)

## Business profile

**Strategic vision:** Generates electricity through thermal and solar power projects.

### Business segments
- **Thermal Power Generation:** Operates thermal power plants strategically located across multiple Indian states, providing power to industrial and residential consumers.
- **Solar Power Generation:** Operates a solar power project situated in Gujarat, contributing to the company's electricity generation capacity.

### Competitive strengths
- Operates a significant power generation capacity across multiple states.
- Engages in both thermal and solar power generation.

## Related stocks

- [ABB (Energy)](https://faxioms.com/stocks/abb) — +1.96%
- [ADANIENSOL (Energy)](https://faxioms.com/stocks/adaniensol) — +3.55%
- [ADANIGREEN (Energy)](https://faxioms.com/stocks/adanigreen) — +4.73%
- [AEGISLOG (Energy)](https://faxioms.com/stocks/aegislog) — +4.55%
- [ATGL (Energy)](https://faxioms.com/stocks/atgl) — +12.56%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/adanipower
Markdown representation: https://faxioms.com/stocks/adanipower?render=md