Adani Power Ltd (ADANIPOWER) — shareholding pattern, promoter holding, financials and share price
About Adani Power Ltd (ADANIPOWER)
Adani Power Ltd operates in the Integrated Power Utilities industry, within the Power sector. It trades on the NSE as ADANIPOWER and on the BSE under scrip code 533096. Its ISIN is INE814H01029.
Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The co along with its subsidiaries sell power generated from these projects under a combination of long term Power Purchase Agreements, Short term PPA and on merchant basis. [1] [2]
Adani Power Limited is India's largest private thermal power producer, primarily engaged in power generation and setting up power projects. It operates numerous thermal power projects across India.
The company is strategically expanding with a locked-in capacity of over 23,000 MW, demonstrating a strong commitment to scaling its operations and increasing its market footprint.
Listed peers in Integrated Power Utilities: NTPC Ltd, Power Grid Corporation of India Ltd, Adani Green Energy Ltd, Adani Energy Solutions Ltd, Tata Power Company Ltd, JSW Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹218.4 a share on 10 Jul 2026, Adani Power Ltd (ADANIPOWER) was valued at a price-to-earnings ratio of 32.47x against an industry P/E of 25.26x and a price-to-book of 6.49x on a book value of ₹33.67 per share as of Mar 2026. Solomo computes return on equity of 19.97% and return on capital employed of 15.77% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 32.47x
- Industry P/E
- 25.26x
- P/B
- 6.49x
- EPS (TTM)
- ₹6.73
- Book value / share
- ₹33.67
- ROE
- 19.97%
- ROCE
- 15.77%
- ROA
- 9.12%
- Debt / equity
- 0.84x
- Dividend yield
- 0%
- EBITDA margin
- 43.2%
- 52-week range
- ₹110.47 – ₹254.15
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Adani Power Ltd (ADANIPOWER) reported revenue of ₹54,241 crore, net profit of ₹12,971 crore and earnings per share of ₹6.66. That compares with revenue of ₹56,203 crore and net profit of ₹12,750 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹14,223 crore and net profit ₹4,271 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 27,711 | 38,773 | 50,351 | 56,203 | 54,241 |
| Net profit (₹ cr) | 4,912 | 10,727 | 20,829 | 12,750 | 12,971 |
| EPS (₹) | 2.55 | 5.56 | 10.8 | 6.71 | 6.66 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 17.18% | 151.83% | 7.28% | -3.49% |
| Profit growth | - | - | 2.36% | 1.74% |
| Stock price CAGR | 44% | 60% | 65% | 81% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.96% of Adani Power Ltd (ADANIPOWER) (unchanged from the previous quarter), foreign institutional investors (FII) hold 11.76% and domestic institutional investors (DII) hold 4.08%. Promoters have pledged 1.8% of their holding. Market capitalisation was ₹4,21,178 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: OPAL INVESTMENT PVT LTD 3.52%, GOLDMAN SACHS TRUST II - GOLDMAN SACHS GQG PARTNER 3.03%, SBI NIFTY 500 INDEX FUND 1.61%, GQG PARTNERS EMERGING MARKETS EQUITY FUND 1.29%, QUANT MUTUAL FUND - QUANT QUANTAMENTAL FUND 1.04%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.96% | 1.8% | 11.76% | 4.08% | 25.04% |
| Mar 2026 | 74.96% | 1.8% | 11.74% | 3.69% | 25.04% |
| Dec 2025 | 74.96% | 1.8% | 11.64% | 3.42% | 25.04% |
| Sep 2025 | 74.96% | 1.8% | 11.53% | 2.69% | 25.04% |
| Jun 2025 | 74.96% | 1.8% | 12.46% | 1.76% | 25.04% |
| Mar 2025 | 74.96% | 1.8% | 12.37% | 1.65% | 25.04% |
| Dec 2024 | 74.96% | 1.8% | 12.35% | 1.61% | 25.04% |
| Sep 2024 | 74.96% | 1.5% | 12.66% | 1.53% | 25.04% |