Valuation Adani Power Limited

Stocks

Market Closed - NSE India S.E. 07:05:07 2026-10-29 EDT			5-day change	1st Jan Change
191.20 ^INR	+3.58%		+2.20%	+33.72%

10-26	Adani Power Limited, Q2 2027 Earnings Call, Oct 26, 2026
10-23	Adani Power Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2024	2025	2026	2027	2028	2029
Market Cap ¹	713,919	2,058,834	1,964,339	2,900,997	3,687,234	-	-
Change	-	-	-4.59%	47.68%	27.1%	-	-
Enterprise Value (EV) ¹	713,919	2,058,834	1,964,339	3,378,436	4,262,294	4,553,446	4,687,582
Change	-	-	-4.59%	71.99%	26.16%	6.83%	2.95%
P/E	-	10.3x	15.8x	22.7x	27.4x	24.5x	22.2x
PBR	-	-	3.49x	4.47x	4.68x	3.97x	3.39x
PEG	-	-	-0.4x	9.41x	4.94x	2.1x	2.2x
Capitalization / Revenue	2.58x	-	3.5x	5.35x	5.6x	5x	4.23x
EV / Revenue	2.58x	-	3.5x	6.23x	6.47x	6.18x	5.38x
EV / EBITDA	7.27x	-	9.22x	17.1x	17.8x	16.1x	13.6x
EV / EBIT	10.7x	-	11.6x	22.2x	22.5x	20.3x	17.4x
EV / FCF	10.5x	-	19.8x	-119x	-56.3x	-34x	-45.1x
FCF Yield	9.52%	-	5.06%	-0.84%	-1.78%	-2.94%	-2.22%
Dividend per Share ²	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-
EPS ²	-	10.32	6.464	6.62	6.987	7.804	8.607
Distribution rate	-	-	-	-	-	-	-
Net sales ¹	277,112	-	562,031	542,405	658,373	737,237	871,138
EBITDA ¹	98,142	-	213,054	198,061	239,182	283,227	344,418
EBIT ¹	66,966	-	169,966	152,416	189,455	223,869	269,234
Net income ¹	49,116	208,288	129,388	128,343	137,799	148,841	165,869
Net Debt ¹	-	-	-	477,440	575,060	866,213	1,000,349
Reference price ²	37.02	106.76	101.86	150.43	191.20	191.20	191.20
Nbr of stocks (in thousands)	19,284,695	19,284,695	19,284,695	19,284,695	19,284,695	-	-
Announcement Date	5/5/22	5/1/24	4/30/25	4/29/26	-	-	-

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	26.42x	6.28x	17.29x	-.--%	37.38B
CGN POWER CO., LTD.	13.48x	6.95x	14.52x	3.31%	31.66B
NTPC LTD	13.22x	2.65x	9.86x	3.15%	30.93B
HUANENG LANCANG RIVER HYDROPOWER INC.	22.52x	11.06x	15.94x	2.02%	29.37B
CHINA NATIONAL NUCLEAR POWER CO., LTD.	23.8x	7.91x	12.98x	1.77%	29.8B
ADANI GREEN ENERGY LIMITED	75.78x	18.77x	21.93x	-.--%	21.95B
SDIC POWER HOLDINGS CO., LTD	16.8x	4.95x	9.8x	3.3%	19.07B
TALEN ENERGY CORPORATION	21.96x	5.75x	12.03x	-.--%	16.66B
Average	26.75x	8.04x	14.29x	1.69%	27.1B
Weighted average by Cap.	25.57x	7.84x	14.46x	1.74%