| Revenue growth | 33% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA margin at 43% in Q1 FY27. |
| Order book | 13,320 MW new PPAs tied up for upcoming projects. |
| Demand visibility | Strong; 95% capacity tied in long-term PPAs. |
| Management confidence | High; citing status as India's largest private thermal IPP. |
Growth
Revenue reached ₹19,322 Cr (+33% YoY). PAT grew 47% YoY to ₹4,867 Cr. EBITDA margin remained strong at 43%.
Outlook
Targeting 45 GW capacity by FY32 through brownfield and greenfield expansions. ₹202k Cr capex planned over next 7 years.
Risks
Fuel cost increased 19% YoY. Potential merchant market price volatility and reliance on regulatory approvals for cost recovery.
Last quarter's promises, checked
Delivered
- Guided 25,000 Cr capex for FY27 → Progressing at 'excellent pace' with 25,000 Cr target maintained (= BEAT)
- Guided Korba Phase-II 1,320 MW commissioning in FY27 → On track for Dec 2026 (= BEAT)
- Guided Net Debt-to-EBITDA below 3x → Delivered slightly higher than 2x (= BEAT)
Partly delivered
- Guided 1,600 MW Mahan Phase-II for FY27 → Revised to Q1 FY28 (= PARTIAL)
Investor Presentation filed with BSE, NSE: ADANIPOWER. Summary written with AI assistance from the document.
Adani Power Ltd: key numbers
- Share price
- ₹206.79
- Market cap
- ₹3,98,788 Cr
- Revenue (annual)
- ₹54,241 Cr
- Net profit (annual)
- ₹12,834 Cr
- P/E (TTM)
- 21.9×Sector 21.7×
- Promoter holding
- 74.96%+0.00% QoQ
- FII holding
- 11.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Adani Power Ltd
All →Adani Power Credit Rating
ICRA upgraded Adani Power's long-term rating to AA+ (Stable) from AA and reaffirmed its short-term A1+ rating. The action covers about ₹90,500 Crore of rated facilities.
Adani Power Bags New Order from Uttarakhand Power Corporation Limited
Adani Power signed a 25-year power supply agreement with Uttarakhand Power Corporation for 1,234 MW ex-bus thermal supply. The contract follows its successful bid in UPCL's tender.
- From
- Uttarakhand Power Corporation Limited (UPCL)
- Execution
- 25 years
- contracted ex-bus thermal power supply
- 1234.0 MW
Adani Power Earnings Call Transcript: Key Takeaways
Adani Power delivered record Q2 results driven by robust demand and high plant availability. One-time revenue from Gujarat PPA and operational efficiency significantly boosted PAT.
Adani Power Investor Presentation: Key Takeaways
Q2 FY27 continuing revenue ₹17,528 Cr (+28.5% YoY), continuing EBITDA ₹6,321 Cr (+18.5%), PAT ₹7,019 Cr; reported PAT inflated by one-time income.
Adani Power Q2 FY27 Results: Net Profit ₹7,019 Cr, Up 141.5% YoY
Adani Power Ltd reported revenue from operations of ₹19,439 Cr (+44.5% YoY) and net profit of ₹7,019 Cr (+141.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹7,019 Cr · +141.5% YoY
Adani Power Bags New Order from Uttarakhand Power Corporation Limited
Adani Power received a Letter of Award from UPCL for 1,234 MW thermal power supply over 25 years. The LOA is subject to Uttarakhand ERC tariff approval.
- From
- Uttarakhand Power Corporation Limited (UPCL)
- Execution
- 25 years
- thermal power ex-bus net supply
- 1234 MW