| Revenue growth | 30% YoY growth to ₹17,000 Cr, supported by one-time Gujarat PPA gains. |
|---|---|
| Margins | Strong EBITDA growth despite higher fuel costs; Gujarat indexation helps. |
| Order book | Long-term PPAs secured for 62% of upcoming 24 GW thermal pipeline. |
| Demand visibility | Strong; India needs 100 GW additional thermal capacity by 2032. |
| Management confidence | Highly optimistic, citing market leadership and strong execution capabilities in thermal power. |
Growth
Revenue rose 30% YoY to ₹17,000 Cr; EBITDA grew 18% organically. Volume increased 11.5%.
Outlook
Executing 24 GW thermal pipeline; 660 MW Korba Unit 3 commissioning shortly. Targets 100 GW thermal capacity nationally.
Risks
Imported coal price volatility and regulatory lag in pass-through for certain PPAs. Fuel quality issues during monsoons.
Earnings Call Transcript filed with NSE, NSE: ADANIPOWER. Summary written with AI assistance from the document.
Adani Power Ltd: key numbers
- Share price
- ₹184.59
- Market cap
- ₹3,55,976 Cr
- Revenue (annual)
- ₹54,241 Cr
- Net profit (annual)
- ₹12,834 Cr
- P/E (TTM)
- 19.5×Sector 21.4×
- 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 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
Adani Power Capital Structure Change
GQG Partners LLC and PACs disclosed a net sale of Adani Power shares, reducing stake from 5.74% to 5.72%. The open-market disposal crosses the 2% disclosure threshold.
Adani Power Other Announcement
Adani Power Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required by SEBI regulations.
Adani Power Merger & Restructuring
Adani Power signed a shareholders agreement with Druk Green Power Corp. to jointly incorporate a public company in Bhutan for the 770 MW Chamkharchhu Hydropower Project.
- From
- Druk Green Power Corp. Ltd.
- Execution
- 6 years from ground-breaking
- hydropower capacity
- 770.0 MW