ADANIPOWER
OVERVALUEDAdani Power Limited
Energy · NSE
↓ 247.1% vs fair value
52W Low
₹105
+108.1% from low
52W High
₹234
-6.4% from high
Valuation Gauge
Current Price
₹219
Fair Value
₹63
Fair Value Analysis
₹63
Based on free cash flow projections and balance sheet strength analysis and earnings multiple (EV/EBITDA) for Energy sector companies | CAUTION: ROCE declining (latest 22.4%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 22.2% (ROE 19.3%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.
Cash Flow Analysis
45% weight
Balance Sheet Value
20% weight
EV/EBITDA Multiple
35% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 20.9% is above the Energy sector benchmark of 12% — strong returns
Debt & Leverage
D/E ratio of 0.8x is well within the Energy sector norm of 1.5x — strong balance sheet
Valuation vs Peers
P/E of 33.2x is in line with the Energy sector median of 35x — fairly valued
Cash Flow
Negative FCF of ₹-2,836 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 6.2% is well below Energy sector average of 12.6%
Dividend
No dividend — typical for growth-stage companies
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-1.3%
Free cash flow / market cap
Revenue Growth (YoY)
-0.1%
Year-on-year revenue change
Profit Growth (YoY)
+64.3%
Year-on-year PAT change
Operating Cash Flow
₹20.5K Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹6.7
P/E Ratio
33.2x
P/B Ratio
7x
ROE
20.9%
ROCE
15.5%
Debt / Equity
0.82x
Beta
0.5
Div Yield
—
FCF (Cr)
₹-2,836 Cr
Revenue (Cr)
₹54,241 Cr
EPS Growth 5Y
6.2%
Mkt Cap (Cr)
₹4,26,828 Cr
52W High
₹234.4
52W Low
₹105.4
Book Value/Share
₹31.6
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| 2026-03-31 | ₹54.2K Cr | ₹19.8K Cr | 37.0% | ₹13.0K Cr | ₹6.66 |
| 2025-03-31 | ₹56.2K Cr | ₹21.4K Cr | 38.0% | ₹12.8K Cr | ₹6.71 |
| 2024-03-31 | ₹50.4K Cr | ₹18.2K Cr | 36.0% | ₹20.8K Cr | ₹10.80 |
| 2023-03-31 | ₹38.8K Cr | ₹10.1K Cr | 26.0% | ₹10.7K Cr | ₹5.56 |
| 2022-03-31 | ₹27.7K Cr | ₹9.9K Cr | 36.0% | ₹4.9K Cr | ₹2.55 |
| 2021-03-31 | ₹26.2K Cr | ₹8.7K Cr | 33.0% | ₹1.3K Cr | ₹0.66 |
| 2020-03-31 | ₹26.5K Cr | ₹5.7K Cr | 22.0% | ₹-2.3K Cr | ₹-1.18 |
| 2019-03-31 | ₹23.9K Cr | ₹5.0K Cr | 21.0% | ₹-984 Cr | ₹-0.51 |
| 2018-03-31 | ₹20.3K Cr | ₹5.4K Cr | 27.0% | ₹-2.1K Cr | ₹-1.09 |
| 2017-03-31 | ₹22.6K Cr | ₹6.0K Cr | 26.0% | ₹-6.2K Cr | ₹-3.20 |
| 2016-03-31 | ₹25.4K Cr | ₹8.8K Cr | 35.0% | ₹551 Cr | ₹0.33 |
| 2015-03-31 | ₹18.7K Cr | ₹4.7K Cr | 25.0% | ₹-816 Cr | ₹-0.57 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Energy| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
PTC India Limited | ₹193.2 | ₹760.6 | +74.6% | 7.4 | 6.4% | UNDERVALUED |
Jaiprakash Power Ventures Limited | ₹18.8 | ₹47.7 | +60.6% | 39.9 | 3.6% | UNDERVALUED |
Reliance Power Limited | ₹27 | ₹59.5 | +54.6% | 39.3 | 1.7% | FAIRLY_VALUED |
Adani Green Energy | ₹1,361.5 | ₹1,926.8 | +29.3% | 142.9 | 7.6% | FAIRLY_VALUED |
CESC | ₹177 | ₹152.9 | -15.7% | 15.5 | 12.6% | FAIRLY_VALUED |
Power Grid Corporation | ₹294.2 | ₹211.1 | -39.4% | 19.6 | 16.5% | OVERVALUED |
NAVA LIMITED | ₹607 | ₹387.8 | -56.5% | 20 | 14.9% | OVERVALUED |
Enviro Infra Engineers Limited | ₹187.2 | ₹118.1 | -58.5% | 16.2 | — | OVERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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