Adani Power Peer Comparison

NSE: ADANIPOWER | BSE: 533096

₹212.63

₹-2.37 (-1.10%)

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 %

Edit

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Market cap (₹ Cr)	4,09,800	3,21,444	98,091	75,689	37,543
Revenue (₹ Cr)	59,033	1,91,060	18,965	12,210	18,381
Net Profit (₹ Cr)	14,414.86	25,317.98	2,448.37	4,264.33	3,366.31
Net Margin (%)	23.02	15.16	12.30	24.32	17.52
RoE (%)	23.11	16.05	6.05	6.63	15.47
Price to Earnings	28.75	11.58	49.86	19.94	11.70
Price-To-Book	5.88	1.54	2.84	1.79	1.71

Income Statement (₹ Cr)

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Operating Revenue	54,240.52	1,85,817.35	18,901.13	11,615.29	15,282.96
Total Income	57,958.55	1,88,337.48	19,877.72	12,837.52	16,889.62
Total Expenditure	34,434.41	1,30,637.25	8,836.72	6,530.81	10,442.90
EBITDA	19,806.11	55,180.10	10,064.41	5,084.48	4,840.06
Depreciation	4,564.53	19,629.33	3,185.27	1,975.85	1,884.27
EBIT	15,241.58	35,550.77	6,879.14	3,108.63	2,955.79
Interest	3,460.10	13,801.44	5,816.45	1,423.02	931.76
Other Income	3,718.03	2,520.13	976.59	1,222.23	1,606.66
Exceptional Items	--	-2,464.22	-65.19	983.36	66.24
Profit before Tax	15,499.51	24,669.34	1,985.82	3,893.68	3,696.93
Provision for Tax	2,528.43	-2,876.42	-776.59	-326.78	983.56
Profit after Tax	12,971.08	27,545.76	2,762.41	4,220.46	2,713.37

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Shareholder's Funds	64,936.88	2,03,175.67	30,751.51	41,437.18	18,722.97
Minority Interest	1,465.04	7,977.39	2,825.85	6,967.67	3,221.75
Non-Current Liabilities	54,738.40	2,46,396.55	72,870.70	56,049.92	24,008.75
Current Liabilities	20,328.21	1,15,410.85	21,211.72	18,687.70	12,995.96
Total Liabilities	1,41,468.53	5,72,960.46	1,27,659.78	1,23,142.47	58,949.43

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Non-Current Assets	1,12,780.45	4,63,349.05	1,11,271.41	1,05,332.01	49,316.94
Current Assets	28,688.08	1,09,451.14	16,388.37	17,806.79	9,588.99
Total Assets	1,41,468.53	5,72,960.46	1,27,659.78	1,23,142.47	58,949.43
Total Debt*	53,555.54	2,67,514.25	75,846.14	52,133.94	22,392.11
Net Current Assets	8,359.87	-5,959.71	-4,823.35	-880.91	-3,406.97
Contingent Liabilities	707.26	31,842.52	7,128.63	10,300.92	10,877.09

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Cash From Operating Activities	20,513.65	50,901.81	9,898.31	3,293.62	8,977.12
Cash Flow from Investing Activities	-26,460.56	-37,578.38	-20,270.80	-11,138.97	-7,159.56
Cash from Financing Activities	6,554.93	-11,328.36	10,617.45	8,927.58	-2,196.07
Net Cash Inflow / Outflow	608.02	1,995.07	244.96	1,082.23	-378.51

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
ROCE (%)	17.79	8.52	8.50	6.16	11.57
ROE (%)	21.94	14.23	9.66	10.41	15.39
ROA (%)	10.20	4.95	2.50	3.70	4.74
EBIT Margin (%)	43.37	31.05	58.41	54.30	42.18
Net Margin (%)	22.38	14.63	13.90	32.88	16.07
Cash Profit Margin (%)	32.33	25.18	31.47	53.35	30.08

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Revenue Growth (%)	-3.49	-0.38	60.92	11.90	17.55
EBIT Growth (%)	-2.02	1.29	80.56	-8.19	43.81
Net Profit Growth (%)	1.74	15.00	39.31	23.70	45.31
EPS Growth (%)	-0.81	15.50	14.07	25.25	41.15
Book Value Growth (%)	21.86	10.38	9.96	4.46	13.26

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Price / Earnings	22.61	13.30	37.04	19.65	13.01
Price / Book Value	4.47	1.77	2.77	1.79	1.81
Dividend Yield (%)	0.00	2.43	0.42	2.19	1.23
EV/EBITDA	14.32	10.73	13.86	19.42	8.69
Market Cap (₹ Cr)	2,90,235.60	3,59,705.23	82,953.28	74,011.47	33,923.59

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Debt to Equity	0.82	1.32	2.53	1.26	1.20
Short term debt to equity ratio	0.14	0.16	0.19	0.04	0.05
Current Ratio	1.41	0.95	0.77	0.95	0.74
Quick Ratio	1.23	0.79	0.73	0.94	0.59
Interest Coverage	5.48	2.79	1.34	3.74	4.97

	Adani Power	NTPC	JSW Energy	NHPC	NLC India
Debtors to sales (%)	21.74	19.71	8.62	22.64	20.56
Asset Turnover	0.43	0.34	0.17	0.10	0.27
Receivable days	83.49	69.48	28.48	81.74	82.50
Inventory Days	23.35	36.41	18.02	8.66	40.56
Payable days	--	--	--	--	-3,374.78
Cash Conversion Cycle	--	--	--	--	3,497.83

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.