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Day Open
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Day High
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NSE Close — 25 Sep 2026
₹202.75
Change
+3.27 (1.64%)
Open
₹200.0
Prev. Close
₹199.48
Day High
₹203.6
Day Low
₹196.1
Volume Analysis
Traded
16,171,228
Delivered
3,977,264
Delivery %
24.59%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (3)
- •Strong return on equity (21.1%)
- •Promoter holding is rising
- •Strong operating margin (37.0%)
Weaknesses (0)
No signal for this stock
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹213.04 | ₹208.32 | ₹205.54 | ₹200.82 | ₹198.04 | ₹193.32 | ₹190.54 |
| Fibonacci | ₹208.32 | ₹205.46 | ₹203.69 | ₹200.82 | ₹197.96 | ₹196.19 | ₹193.32 |
| Camarilla | ₹204.81 | ₹204.13 | ₹203.44 | ₹200.82 | ₹202.06 | ₹201.38 | ₹200.69 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+36.29%
1 Week
-1.84%
1 Month
-4.65%
3 Months
-9.39%
6 Months
+29.05%
1 Year
+38.63%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹71.06
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
20.4%
Net margin 24.62% × asset turnover 0.38x × equity multiplier 2.18x
Company Overview
Sector
Power
Market Cap
₹384,691 Cr
P/E (TTM)
27.0
ROE
21.1%
Book Value
₹33.7
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.
TopFund Analysis
Adani Power Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Power sector, at 62/100. The strongest factor is Business Quality (89/100), while Valuation (35/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (21.1%); promoter holding is rising. FII holding has been falling.
TopFund Score — Fundamentals Quality
62/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has a good return on equity (ROE) track record: 3 Years ROE 31.8%
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company might be capitalizing the interest cost
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Adani Power denied a Moneycontrol report on acquiring 51% stake in JP Power by end-2026.
Adani Power to meet investors at forums in Gurgaon, Hong Kong, Ahmedabad and virtual sessions on 17-29 September 2026.
Adani Power assigns 2,500 MW MSEDCL RE RTC contract to Powerpulse Trading Solutions.
Adani Power Limited has submitted to the Exchange copy of the Investor Presentation in USD for September 2026
Adani Power Limited has submitted to the Exchange copy of the Investor Presentation in INR for September 2026
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 11,006 | 12,991 | 12,991 | 13,364 | 14,956 | 13,339 | 13,671 | 14,237 | 14,109 | 13,457 | 12,451 | 14,223 | 18,902 |
| Expenses + | 7,491 | 7,819 | 8,346 | 8,514 | 8,761 | 8,063 | 8,648 | 9,425 | 8,424 | 8,307 | 8,213 | 9,491 | 10,953 |
| Operating Profit | 3,514 | 5,171 | 4,645 | 4,850 | 6,194 | 5,276 | 5,023 | 4,813 | 5,685 | 5,150 | 4,238 | 4,732 | 7,949 |
| OPM % | 32.0% | 40.0% | 36.0% | 36.0% | 41.0% | 40.0% | 37.0% | 34.0% | 40.0% | 38.0% | 34.0% | 33.0% | 42.0% |
| Other Income + | 7,103 | 1,945 | 364 | 518 | 518 | 724 | 1,162 | 298 | 465 | 851 | 543 | 1,766 | 538 |
| Interest | 883 | 888 | 797 | 820 | 811 | 807 | 957 | 765 | 857 | 842 | 701 | 967 | 901 |
| Depreciation | 935 | 1,004 | 1,002 | 990 | 996 | 1,059 | 1,170 | 1,085 | 1,089 | 1,193 | 1,135 | 1,147 | 1,167 |
| Profit before tax | 8,800 | 5,224 | 3,210 | 3,558 | 4,906 | 4,134 | 4,059 | 3,261 | 4,204 | 3,966 | 2,945 | 4,384 | 6,418 |
| Tax % | 0.0% | -26.0% | 15.0% | 23.0% | 20.0% | 20.0% | 28.0% | 20.0% | 21.0% | 27.0% | 16.0% | 3.0% | 24.0% |
| Net Profit + | 8,759 | 6,594 | 2,738 | 2,737 | 3,913 | 3,298 | 2,940 | 2,599 | 3,305 | 2,906 | 2,488 | 4,271 | 4,867 |
| EPS in Rs | 5 | 3 | 1 | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 2 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 18,683 | 25,377 | 22,616 | 20,304 | 23,884 | 26,468 | 26,221 | 27,711 | 38,773 | 50,351 | 56,203 | 54,241 | 59,033 |
| Expenses + | 14,005 | 16,575 | 16,635 | 14,868 | 18,901 | 20,734 | 17,533 | 17,830 | 28,677 | 32,124 | 34,785 | 34,434 | 36,964 |
| Operating Profit | 4,678 | 8,802 | 5,980 | 5,436 | 4,983 | 5,734 | 8,688 | 9,881 | 10,096 | 18,228 | 21,418 | 19,806 | 22,070 |
| OPM % | 25.0% | 35.0% | 26.0% | 27.0% | 21.0% | 22.0% | 33.0% | 36.0% | 26.0% | 36.0% | 38.0% | 37.0% | 37.0% |
| Other Income + | 1,188 | -201 | -3,666 | 754 | 2,448 | 323 | 1,909 | 3,908 | 4,216 | 9,883 | 2,590 | 3,625 | 3,698 |
| Interest | 4,864 | 5,560 | 5,902 | 5,570 | 5,657 | 5,315 | 5,106 | 4,095 | 3,334 | 3,388 | 3,340 | 3,367 | 3,411 |
| Depreciation | 1,818 | 2,666 | 2,672 | 2,699 | 2,751 | 3,006 | 3,202 | 3,118 | 3,304 | 3,931 | 4,309 | 4,565 | 4,643 |
| Profit before tax | -816 | 375 | -6,260 | -2,079 | -976 | -2,265 | 2,289 | 6,577 | 7,675 | 20,792 | 16,360 | 15,500 | 17,713 |
| Tax % | 0.0% | -47.0% | -1.0% | 0.0% | 1.0% | 0.0% | 45.0% | 25.0% | -40.0% | 0.0% | 22.0% | 16.0% | — |
| Net Profit + | -816 | 551 | -6,174 | -2,103 | -984 | -2,275 | 1,270 | 4,912 | 10,727 | 20,829 | 12,750 | 12,971 | 14,533 |
| EPS in Rs | -1 | 0 | -3 | -1 | -1 | -1 | 1 | 3 | 6 | 11 | 7 | 7 | 7 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 2,853 | 4,134 | -857 | -2,968 | 3,855 | 2,624 | 9,256 | 14,600 | 25,772 | 39,042 | 52,490 | 61,080 |
| Borrowings + | 44,742 | 52,729 | 52,484 | 52,835 | 46,980 | 55,199 | 52,411 | 49,145 | 42,596 | 34,862 | 39,495 | 54,670 |
| Other Liabilities + | 8,008 | 15,597 | 16,027 | 15,804 | 13,293 | 13,346 | 13,012 | 14,379 | 13,596 | 14,248 | 17,076 | 21,861 |
| Total Liabilities | 58,474 | 75,794 | 71,511 | 69,528 | 67,985 | 75,025 | 78,535 | 81,981 | 85,821 | 92,009 | 112,918 | 141,469 |
| Fixed Assets + | 45,080 | 56,941 | 54,391 | 52,137 | 50,419 | 55,846 | 52,851 | 53,274 | 51,451 | 63,016 | 69,297 | 69,401 |
| CWIP | 191 | 88 | 125 | 120 | 350 | 2,347 | 6,439 | 10,270 | 12,880 | 925 | 12,104 | 35,053 |
| Investments | 357 | 0 | 164 | 0 | 3 | 3 | 20 | 183 | 654 | 374 | 1,097 | 1,516 |
| Other Assets + | 12,846 | 18,765 | 16,831 | 17,271 | 17,213 | 16,830 | 19,225 | 18,254 | 20,836 | 27,694 | 30,418 | 35,498 |
| Total Assets | 58,474 | 75,794 | 71,511 | 69,528 | 67,985 | 75,025 | 78,535 | 81,981 | 85,821 | 92,009 | 112,918 | 141,469 |
| Equity Capital | 2,872 | 3,334 | 3,857 | 3,857 | 3,857 | 3,857 | 3,857 | 3,857 | 3,857 | 3,857 | 3,857 | 3,857 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 5,824 | 5,257 | 4,725 | 5,101 | 5,610 | 5,598 | 7,014 | 10,233 | 8,431 | 14,170 | 21,501 | 20,514 |
| Cash from Investing Activity + | -4,737 | -2,692 | -1,212 | -520 | -984 | -2,304 | -2,188 | 774 | 1,545 | 3,481 | -17,142 | -26,461 |
| Cash from Financing Activity + | -1,144 | -2,713 | -3,539 | -4,600 | -4,663 | -2,377 | -5,655 | -10,338 | -10,408 | -16,864 | -5,175 | 6,555 |
| Net Cash Flow | -58 | -148 | -26 | -19 | -37 | 917 | -828 | 669 | -433 | 787 | -816 | 608 |
| CFO/OP | 125 | 60 | 79 | 94 | 113 | 99 | 81 | 106 | 84 | 78 | 100 | 103 |
| Free Cash Flow | 3,098 | 3,289 | 3,881 | 4,174 | 4,651 | 3,378 | 3,407 | 6,799 | 5,188 | 11,568 | 9,957 | -2,817 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 11.72% | 11.2% | 10.93% | 11.14% | 10.84% | 11.09% | 11.03% | 10.82% | 10.82% | 9.99% | 9.63% | 9.2% |
| Promoters | 70.02% | 71.75% | 71.75% | 72.71% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% |
| FII | 17.51% | 15.86% | 15.91% | 14.73% | 12.66% | 12.34% | 12.36% | 12.46% | 11.53% | 11.64% | 11.73% | 11.76% |
| DII | 0.76% | 1.18% | 1.41% | 1.42% | 1.52% | 1.6% | 1.64% | 1.76% | 2.7% | 3.41% | 3.69% | 4.07% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Power — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Adani Power Ltd (this stock) | 384,691 | 27.0 | 5.91 | 21.1% |
| NTPC Ltd | 316,693 | 11.4 | 1.56 | 15.1% |
| Power Grid Corp. Ltd. | 250,651 | 15.8 | 2.5 | 15.3% |
| Adani Green Energy Ltd | 210,855 | 109.0 | 10.58 | 11.4% |
| Adani Energy Solution Ltd | 163,937 | 56.2 | 6.32 | 9.44% |
| Tata Power Co Ltd | 117,429 | 30.0 | 2.97 | 10.2% |
| JSW Energy Limited | 92,976 | 46.4 | 2.9 | 7.51% |
Which Mutual Funds Hold Adani Power Ltd?
Frequently Asked Questions about Adani Power Ltd
Adani Power Ltd (ADANIPOWER) closed at ₹202.75 on NSE on 25 September 2026, up 3.27 (1.64%) from the previous close.
Adani Power Ltd trades on the NSE (National Stock Exchange of India) under the symbol ADANIPOWER.
Adani Power Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 27.0.
Adani Power Ltd has a dividend yield of 0.0%.
Adani Power Ltd's 52-week high is ₹254.0 and its 52-week low is ₹128.0.
Adani Power Ltd has a market capitalisation of ₹384,691 crore.
Adani Power Ltd has a TopFund Quality Score of 62/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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