profit from every ₹100 of sales.

Adani Power
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹30.95 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Adani Power sold, what it kept, and what it did with the cash.
Sales went from ₹380 billion in 2023 to ₹542 billion in 2026, with ₹128 billion of profit last year.
Adani Power vs. similar companies
Adani Power grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
Adani Power | 31.0× · Expensive | ||
Constellation Energy | 40.9× · Expensive | ||
Vistra | 47.2× · Expensive | ||
CGN Power | 24.2× · Fair price | ||
Gulf Development Public | 52.0× · Expensive |
AI analysis
An AI analyst reads Adani Power's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 380,230 | 500,511 | 561,318 | 541,522 | |
| 108,345 | 197,583 | 236,415 | 224,311 | |
| 66,083 | 147,475 | 175,845 | 157,396 | |
| 140,185 | 278,023 | 237,410 | 230,179 | |
| 107,266 | 208,288 | 129,388 | 128,343 | |
| 4.91 | 10.32 | 6.46 | 6.62 | |
| 28.5% | 39.5% | 42.1% | 41.4% | |
| 17.4% | 29.5% | 31.3% | 29.1% | |
| 28.2% | 41.6% | 23.1% | 23.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 858,213 | 923,248 | 1,129,176 | 1,422,799 |
| Cash | 3,492 | 11,363 | 3,059 | 8,833 |
| Total debt | 421,806 | 344,311 | 393,563 | 545,188 |
| Total liabilities | 559,456 | 491,797 | 552,440 | 758,780 |
| 298,757 | 431,450 | 563,471 | 649,369 | |
| 19,285 | 19,285 | 19,285 | 19,285 | |
| 11.7% | 24.3% | 16.0% | 12.2% | |
| 35.9% | 48.3% | 23.0% | 19.8% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 84,305 | 141,702 | 215,011 | 205,137 | |
| 32,437 | 26,025 | 115,590 | 233,501 | |
| 51,869 | 115,677 | 99,421 | -28,364 | |
| Dividends paid | – | – | – | – |
| – | 0 | 5,000 | 0 | |
| – | – | – | – |
Valuation
- 31.0×
- –
- 2.96
- 6.1×
- 7.3×
- –
- 19.6×
- -0.7%
- 3.2%
- –
Profitability
- 41.4%
- 29.1%
- 23.7%
- –
- 11.6%
- 15.3%
- –
- –
- –
- –
Growth
- +12.5%
- +10.4%
- –
- –
- +0.0%
Financial health
- 2.3×
- 0.84
- –
- 6.2×
- 1.41
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
Adani Enterprises shares jump as airport unit enters into $1 billion fundraising dealCNBC Markets · Sep 9, 2026The newest story we have is from Sep 9, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Adani Power
Is Adani Power a good stock to buy?
A strong, very profitable business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Adani Power AI analysis
What does Adani Power do?
Adani Power Limited engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India. It is in Utilities - Independent Power Producers, based in Ahmedabad, India, with 3,967 employees.
Is Adani Power stock halal?
Yes. Adani Power passes our halal screen: its business is permitted and its debt is 14% of its market value, under the 30% limit. How we check
How has Adani Power stock done over the past year?
Up 42.6% over the past twelve months, to ₹206.00. It traded between ₹132.85 and ₹248.75 and is 17.2% below its high.
Who are Adani Power's competitors?
The largest listed companies in the same industry are Constellation Energy, Vistra, CGN Power and Gulf Development Public. The peers table on this page compares their profit, growth and price with Adani Power's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



