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Earnings Call

Adani Power Earnings Call: Key Takeaways

Adani Power reports FY26 Profit After Tax of ₹12,971 Cr, up 1.7% YoY. Focus remains on expanding thermal capacity to 41,870 MW by FY32.

Highlights
Revenue growthFY26 revenue down 1.8% YoY; Q4 revenue up 10% YoY.
MarginsFY26 Continuing EBITDA ₹21,285 Cr, down 1.3% YoY.
Order book95%+ operating capacity tied under PPAs; 13.9 GW awarded to APL.
Demand visibilitySubdued FY26 demand; expected 4x growth in next 2 decades.

Growth

Q4 FY26 PAT grew 64.3% YoY to ₹4,271 Cr. Annual revenue slightly dipped 1.8% to ₹57,865 Cr.

Outlook

Targeting 41.9 GW capacity by FY32; 13.3 GW of new PPAs tied up; 13+ GW additional bids ongoing.

Risks

Subdued power demand in FY26 due to prolonged monsoons and cooler temperatures; merchant rate volatility.

Source

Earnings Call filed with NSE, NSE: ADANIPOWER. Summary written with AI assistance from the document.

Read the document ↗

Adani Power Ltd: key numbers

Share price
₹202.75
Market cap
₹3,90,997 Cr
Revenue (annual)
₹54,241 Cr
Net profit (annual)
₹12,834 Cr
P/E (TTM)
27.4×Sector 25.1×
Promoter holding
74.96%+0.00% QoQ
FII holding
11.76%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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