Adani Power Key Ratios
NSE: ADANIPOWER | BSE: 533096
₹212.63
As on 28-Aug-2026IST
Market cap
₹4,09,800 Cr
Revenue (TTM)
₹59,033 Cr
P/E Ratio
28.7
P/B Ratio
5.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 32.90 | 33.97 | 6.64 | 17.86 | 16.43 |
| EBIT | 89.15 | 47.53 | 6.29 | 58.01 | 24.89 |
| Net Profit | 19.63 | 41.98 | 14.86 | -1.03 | 44.91 |
| EPS | 19.64 | 41.98 | 14.86 | -1.03 | 44.91 |
| Book Value | -- | -- | 21.86 | 57.37 | 164.93 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 29.60 | 25.64 | 29.52 | 28.10 | 30.24 |
| Net Margin
| 26.27 | 23.78 | 23.02 | 22.38 | 21.64 |
| Return on equity
| 45.02 | 78.18 | 23.11 | 21.94 | 28.61 |
| Return on Capital
| 25.71 | 21.01 | -- | 17.79 | 22.87 |
| Return on Assets
| 15.63 | 12.99 | 11.30 | 10.20 | 12.45 |
| Debt to Equity (x)
| -- | -- | 0.66 | 0.82 | 0.78 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
--
|
17.79
|
22.87
|
32.35
|
15.97
|
|
Peer Median
|
--
|
8.52
|
10.34
|
8.82
|
--
|
ROE
23.11
Higher than Peers by 15.30
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
23.11
|
21.94
|
28.61
|
79.36
|
96.86
|
|
Peer Median
|
7.81
|
9.66
|
9.52
|
5.67
|
--
|
ROA
11.30
Higher than Peers by 7.44
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
11.30
|
10.20
|
12.45
|
23.43
|
12.78
|
|
Peer Median
|
3.86
|
3.70
|
3.43
|
2.76
|
--
|
EBIT Margin
29.52
Higher than Peers by 10.49
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
29.52
|
28.10
|
30.24
|
28.30
|
17.39
|
|
Peer Median
|
19.03
|
19.91
|
15.86
|
16.66
|
--
|
Net Margin
23.02
Higher than Peers by 9.63
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
23.02
|
22.38
|
21.64
|
34.53
|
24.84
|
|
Peer Median
|
13.39
|
8.55
|
13.39
|
7.91
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
--
|
32.33
|
30.35
|
49.17
|
36.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
6.64
Higher than Peers by 2.52
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
6.64
|
-3.49
|
11.62
|
29.86
|
39.92
|
|
Peer Median
|
4.12
|
10.46
|
7.78
|
4.56
|
--
|
EBIT Growth
6.29
Higher than Peers by 3.29
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
6.29
|
-10.33
|
19.28
|
111.38
|
0.66
|
|
Peer Median
|
3.00
|
10.78
|
6.46
|
1.24
|
--
|
Net Profit Growth
14.86
Higher than Peers by 16.03
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
14.86
|
1.74
|
-38.79
|
94.18
|
118.39
|
|
Peer Median
|
-1.17
|
4.76
|
14.75
|
3.24
|
--
|
EPS Growth
14.86
Higher than Peers by 12.35
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
14.86
|
-0.81
|
-37.88
|
94.18
|
118.39
|
|
Peer Median
|
2.51
|
2.51
|
6.57
|
23.61
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
--
|
21.86
|
48.73
|
115.06
|
203.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.66
Lower than Peers by 0.02
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
0.66
|
0.82
|
0.78
|
1.17
|
3.33
|
|
Peer Median
|
0.68
|
1.01
|
0.84
|
0.90
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
--
|
0.14
|
0.17
|
0.18
|
0.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.41
No difference
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
1.41
|
1.41
|
1.60
|
1.62
|
1.10
|
|
Peer Median
|
1.41
|
1.27
|
1.19
|
1.11
|
--
|
Quick Ratio
1.23
Lower than Peers by 0.07
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
1.23
|
1.23
|
1.40
|
1.36
|
0.93
|
|
Peer Median
|
1.30
|
1.23
|
0.97
|
1.14
|
--
|
Interest Coverage
6.16
Higher than Peers by 3.00
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
6.16
|
5.48
|
5.90
|
7.07
|
3.21
|
|
Peer Median
|
3.16
|
2.79
|
3.43
|
2.26
|
--
|
Operating Efficiency
Debtors to sales
19.97
Higher than Peers by 0.89
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
19.97
|
21.74
|
23.17
|
23.19
|
29.74
|
|
Peer Median
|
19.08
|
18.95
|
20.56
|
24.93
|
--
|
Asset Turnover
0.46
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
0.46
|
0.43
|
0.55
|
0.57
|
0.46
|
|
Peer Median
|
0.31
|
0.32
|
0.31
|
0.27
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
--
|
83.49
|
80.20
|
84.11
|
99.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
--
|
23.35
|
24.22
|
26.16
|
25.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
28.75
Higher than Peers by 8.81
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
28.75
|
22.61
|
3.04
|
1.98
|
1.38
|
|
Peer Median
|
19.94
|
19.94
|
16.58
|
28.48
|
--
|
Price / Book Value
5.88
Higher than Peers by 4.17
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
5.88
|
4.47
|
3.69
|
5.75
|
4.44
|
|
Peer Median
|
1.71
|
1.71
|
1.89
|
2.13
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.37
|
0.37
|
0.38
|
0.63
|
--
|
EV/EBITDA
17.79
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
17.79
|
14.32
|
9.65
|
8.54
|
8.82
|
|
Peer Median
|
--
|
21.66
|
32.18
|
28.42
|
--
|
Market Cap
4,09,800
Higher than Peers by 3,90,175
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Adani Power
|
4,09,800
|
2,90,236
|
1,96,396
|
2,05,846
|
73,898
|
|
Peer Median
|
19,625
|
19,625
|
22,694
|
11,960
|
--
|