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Adani Power Share Price

ADANIPOWER

₹554.80-₹6.20 (-1.11%) TodayLast updated on 29 Nov, 2024 | 15:59 IST

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  • About Adani Power
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About Adani Power

Adani Power Financials

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Market cap
Market Cap Switch₹2,13,983 Crs
Open
₹561.00
Close
₹561.00
Circuit range
₹665.75 - ₹443.85
Day range
₹542.75 - ₹587.50
Year range
₹432.00 - ₹895.85
Volume
4,59,64,064
Avg. traded
₹567.21
Revenue (12m)
₹54,650 Crs
Adani Power

Adani Power Limited (APL) is the largest private thermal power producer in India and is part of Gautam Adani’s Adani Group.

The company has power generation capacity of 15,250 MW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh and Jharkhand. It also operates a 40 MW solar power project in Gujarat.

Adani Power was incorporated on August 22, 1996, and received a certificate of commencement of business on September 4, 1996. It later became a private limited company on June 3, 2002, and the name of the company was subsequently changed to Adani Power Pvt. Ltd.

In 2004, pursuant to internal restructuring among promoters, the entire shareholding of the company was transferred to Mundra Port and Special Economic Zone Ltd (MPSEZL). Subsequently, in 2006, MPSEZL transferred its entire shareholding in the company to Adani Enterprises Ltd.

On April 12, 2007, the company was converted into a public limited entity and its name was changed to Adani Power Ltd.

In financial year 2009-10, Adani Power launched its initial public offer (IPO) of 30,16,52,031 equity shares of face value of ₹10 each at a price of ₹90 apiece. The stock made its debut on BSE and National Stock Exchange of India Ltd (NSE) on August 20, 2009.

The market capitalisation of Adani Power stood at ₹2 lakh crore as on December 12, 2023. Adani Power share price has surged over 1072% in the last three years.

Adani Power business operations

The company has nine power plants spread across India. The 4,620-MW Mundra plant in Gujarat is the company’s largest plant and the most talked about as Adani Power created history by synchronising the first super-critical technology-based 660 MW generating unit here. This is the first super-critical generating unit in India.

The Tiroda plant in Maharashtra has a total capacity of 3,300 MW. It comprises 5 x 660 MW units. All units at this location are of supercritical technology, driving efficiency in coal-based power generation.

The Kawai plant in Rajasthan is the largest power producing plant in the state at a single location with a generation capacity of 1,320 MW (2X660 MW). It is a coal-based thermal power plant on supercritical technology. The Udupi plant in Karnataka is a 2X600 MW imported coal-based power project. It is the first independent power project (IPP) to use 100% imported coal as fuel in the country.

Besides that, Adani Power operates a 600 MW plant at Raigarh and a 1,370 MW plant at Raipur in Chhattisgarh as well as a 1,200 MW plant at Singrauli in Madhya Pradesh. In Godda, Jharkhand, the company operates a 1,600 MW plant.

Mahan Energen Limited, a subsidiary of Adani Power, has proposed expansion of its existing 1,200 MW power plant at Singrauli by addition of 1,600 MW (2X800 MW). The expansion units shall be based on ultra-supercritical technology.

The Adani Group also commissioned a 40 MW solar power plant in Bitta in Kutch district of Gujarat in December 2011. It was commissioned in 165 days and the solar power plant marked Adani Power’s first big foray in the renewable energy sector.

Financial highlights

Adani Power witnessed a return to profitability in financial year 2022-23 following resolution of regulatory and commercial matters, revival of power purchase agreements, turnaround of acquired power plants and reduction in finance cost.

Improved tariff realisation due to greater merchant/short-term demand and higher import coal price, coupled with higher operating capacity contributed to the company’s 36% revenue growth in FY23 despite flat volumes.

Total revenue increased to ₹43,041 crore in FY23 from ₹31,686 crore in FY22. Consolidated EBITDA (earnings before interest, taxes, depreciation, and amortization) increased to ₹14,312 crore in FY23 from ₹13,789 crore in FY22. Consolidated profit after tax (PAT) grew 118.4% year-on-year to ₹10,727 crore in FY23 from ₹4,912 crore in FY22. Finance cost dropped to ₹3,334 crore in FY23 from ₹4,095 crore in the previous fiscal. The company has set an expansion target of 16,850 MW by the year 2028.

Adani Power Key indicators

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52 week high
₹895.85
52 week low
₹432.00
P/E ratio
16.98
P/B ratio
3.02
ROE
55.41%
ROCE
33.04%
Dividend yield
--
Debt/Equity ratio
0.65
EPS
48.61

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Investment checklist: (3/6)
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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Sell

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Buy

0%

Hold

0%

Sell

100%

This analysis is based on the reviews of 1 experts in the last 7 days

Adani Power Fundamentals

Adani Power Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

61.25%

Net profit margin

47.82%

ROE

55.41%

ROA

25.4%

ROCE

33.04%

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Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Adani Power Share Price history

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DayOpenCloseChange %
Fri, Nov 29 2024
₹561.00
₹554.80
-1.11%
Thu, Nov 28 2024
₹534.40
₹561.00
+7.26%
Wed, Nov 27 2024
₹436.75
₹523.05
+19.51%
Tue, Nov 26 2024
₹450.30
₹437.65
-2.02%
Mon, Nov 25 2024
₹473.80
₹446.65
-3.00%
Fri, Nov 22 2024
₹455.20
₹460.45
-3.30%
Thu, Nov 21 2024
₹439.95
₹476.15
-9.15%
Tue, Nov 19 2024
₹532.00
₹524.10
-0.52%

Adani Power Shareholding Pattern

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Promoters (74.96%)

Mutual Funds (1.51%)

Retail and other (10.85%)

Foreign institutions-FII (12.66%)

Other domestic institutions (0.02%)

Promoters

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FAQs on Adani Power

What is the Adani Power share price today?

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Adani Power share price is ₹ 554.80 today.

What is today’s high & low share price of Adani Power?

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Adani Power share price high: ₹ 587.50 and low: ₹ 542.75

What is the Adani Power share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 895.85 and Low Price is ₹ 432.00

What is the Adani Power Stock Symbol?

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The Adani Power Stock symbol is ADANIPOWER.

Can I buy Adani Power shares on Holidays?

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No, shares of Adani Power or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Adani Power shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.