Adani Power ADANIPOWER
Large private thermal power IPP
Mapped in 1 theme: Energy Generation.
Where Adani Power sits in the supply chain
Adani Power appears in 1 supply-chain layer in one theme, Energy Generation.
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 50,351 | 56,203 | 54,241 |
| Net profit | 20,829 | 12,750 | 12,971 |
Latest-year revenue ₹54,241 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- India's largest private thermal power producer by capacity, with a mix of long-term PPAs and merchant capacity benefiting from tight power markets
Risks
- Revenue and profitability swing with merchant power prices and coal costs for the uncontracted portion of capacity
- Group-level financing/governance scrutiny has periodically pressured Adani group stock sentiment
Common questions
What does Adani Power do?
Large private thermal power IPP.
Where does Adani Power sit in the supply chain?
Adani Power (NSE: ADANIPOWER) is mapped in 1 supply-chain layer: Thermal Gencos & IPPs (Energy Generation).
Who are Adani Power's peers?
In the Thermal Gencos & IPPs layer of Energy Generation: NTPC, JSW Energy and Tata Power.
What is Adani Power's market cap and valuation?
As of 30 Oct 2026: market cap ₹3.64L Cr, P/E 20.0x, ROCE 17.2%, ROE 21.1%, dividend yield 0%.