Adani Power Peer Comparison
NSE: ADANIPOWER | BSE: 533096
₹196.21
As on 01-Oct-2026IST
Market cap
₹3,79,812 Cr
Revenue (TTM)
₹59,033 Cr
P/E Ratio
26.6
P/B Ratio
5.5
Div. Yield
0 %
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
3,79,812 | 3,07,093 | 88,924 | 72,264 | 35,082 |
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 |
26.64 | 11.06 | 45.20 | 19.03 | 10.93 |
Price-To-Book |
5.45 | 1.47 | 2.58 | 1.71 | 1.60 |
Income Statement (₹ Cr)
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Operating Revenue
|
59,033.26 | 1,91,060.23 | 18,964.89 | 12,209.83 | 18,380.67 |
|
Total Income
|
62,613.88 | 1,93,118.96 | 19,903.05 | 13,203.05 | 19,218.89 |
|
Total Expenditure
|
36,963.75 | 1,32,123.83 | 8,815.99 | 6,423.24 | 11,475.72 |
|
EBITDA
|
22,069.51 | 58,936.40 | 10,148.90 | 5,786.59 | 6,904.95 |
|
Depreciation
|
4,643.17 | 20,276.03 | 3,336.32 | 2,139.73 | 2,505.18 |
|
EBIT
|
17,426.34 | 38,660.37 | 6,812.58 | 3,646.86 | 4,399.77 |
|
Interest
|
3,411.27 | 13,719.41 | 6,030.21 | 1,767.98 | 1,304.91 |
|
Other Income
|
3,580.62 | 2,058.73 | 938.16 | 993.22 | 838.22 |
|
Exceptional Items
|
0.00 | 0.00 | -65.19 | 0.00 | 0.00 |
|
Profit before Tax
|
17,595.69 | 26,999.69 | 1,655.34 | 2,872.10 | 3,933.08 |
|
Provision for Tax
|
3,180.83 | -2,269.77 | -793.03 | -338.32 | 566.77 |
|
Profit after Tax
|
14,414.86 | 29,269.46 | 2,448.37 | 3,210.42 | 3,366.31 |
Liabilities (₹ Cr)
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
64,936.88 | 2,03,175.67 | 30,751.51 | 41,437.18 | 21,524.76 |
|
Minority Interest
|
-277.42 | -570.77 | -492.09 | -470.80 | -157.71 |
|
Non-Current Liabilities
|
55,549.79 | 2,32,985.08 | 70,374.31 | 56,058.28 | 29,365.69 |
|
Current Liabilities
|
20,328.21 | 1,14,505.42 | 20,230.02 | 15,547.76 | 10,562.56 |
|
Total Liabilities
|
1,41,468.53 | 5,72,960.46 | 1,27,659.78 | 1,23,142.47 | 65,559.73 |
Assets (₹ Cr)
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
1,03,037.17 | 4,29,139.34 | 1,01,043.76 | 82,134.75 | 51,142.24 |
|
Current Assets
|
28,688.08 | 94,345.08 | 15,406.67 | 23,083.32 | 8,443.54 |
|
Total Assets
|
1,41,468.53 | 5,72,960.46 | 1,27,659.78 | 1,23,142.47 | 65,559.73 |
|
Total Debt*
|
53,555.54 | 2,67,514.25 | 75,846.14 | 52,133.94 | 27,801.94 |
|
Net Current Assets
|
8,359.87 | -20,160.34 | -4,823.35 | 7,535.56 | -2,119.02 |
|
Contingent Liabilities
|
707.26 | 31,842.52 | 7,128.63 | 10,300.92 | 13,000.10 |
Cashflow (₹ Cr)
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
20,513.65 | 50,901.81 | 9,898.31 | 3,293.62 | 5,166.07 |
|
Cash Flow from Investing Activities
|
-26,460.56 | -37,578.38 | -20,270.80 | -11,138.97 | -7,548.52 |
|
Cash from Financing Activities
|
6,554.93 | -11,328.36 | 10,617.45 | 8,927.58 | 2,906.97 |
|
Net Cash Inflow / Outflow
|
608.02 | 1,995.07 | 244.96 | 1,082.23 | 524.52 |
Ratios
Profitability Ratios
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
ROCE (%)
|
17.79 | 8.52 | 8.50 | 6.16 | 11.27 |
|
ROE (%)
|
23.11 | 16.05 | 6.05 | 6.63 | 15.47 |
|
ROA (%)
|
11.30 | 5.41 | 2.29 | 2.88 | 5.47 |
|
EBIT Margin (%)
|
29.52 | 20.23 | 35.92 | 29.87 | 23.94 |
|
Net Margin (%)
|
23.02 | 15.16 | 12.30 | 24.32 | 17.52 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
6.64 | 2.35 | 35.37 | 12.02 | 16.85 |
|
EBIT Growth (%)
|
6.29 | 10.78 | 48.94 | -18.85 | 52.89 |
|
Net Profit Growth (%)
|
18.72 | 79.54 | 8.21 | 4.76 | 12.74 |
|
EPS Growth (%)
|
-70.62 | 79.56 | -17.69 | 2.51 | 12.22 |
|
Book Value Growth (%)
|
21.86 | 10.38 | 9.96 | 4.46 | 14.96 |
Valuation Ratios
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Price / Earnings
|
26.64 | 9.68 | 47.41 | 26.35 | 10.93 |
|
Price / Book Value
|
5.45 | 1.47 | 2.58 | 1.71 | 1.60 |
|
Dividend Yield (%)
|
0.00 | 2.84 | 0.41 | 2.24 | 1.52 |
|
EV/EBITDA
|
19.26 | 9.61 | 15.35 | 20.86 | 8.99 |
|
Market Cap (₹ Cr)
|
2,90,235.60 | 3,59,705.23 | 82,953.28 | 74,011.47 | 37,245.70 |
Solvency Ratios
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.66 | 1.02 | 2.11 | 1.11 | 1.07 |
|
Short term debt to equity ratio
|
0.14 | 0.29 | 0.19 | 0.04 | 0.18 |
|
Current Ratio
|
1.41 | 0.82 | 0.76 | 1.48 | 0.80 |
|
Quick Ratio
|
1.23 | 0.66 | 0.71 | 1.47 | 0.58 |
|
Interest Coverage
|
6.16 | 2.97 | 1.27 | 2.62 | 4.01 |
Operating Efficiency Ratios
| Adani Power | NTPC | JSW Energy | NHPC | NLC India | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
19.97 | 19.16 | 15.68 | 21.54 | 18.16 |
|
Asset Turnover
|
0.46 | 0.35 | 0.18 | 0.11 | 0.30 |
|
Receivable days
|
83.49 | 69.48 | 28.48 | 81.74 | 77.84 |
|
Inventory Days
|
23.35 | 36.41 | 18.02 | 8.66 | 43.76 |
|
Payable days
|
-- | -- | -- | -- | 0.00 |
|
Cash Conversion Cycle
|
-- | -- | -- | -- | 121.60 |