Adani Power is an Indian multinational power and energy company, subsidiary of Adani Group and based in Khodiyar in Ahmedabad, India. It is one of the largest private thermal power producers in India, with a power generation capacity of 12,450 MW and operates a solar power project of 40 MW. The company has power plants in several states of India, including Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and Jharkhand.
Adani Power Overview
| Feature | Value |
|---|---|
| Founded | 1996 |
| Parent company | Adani Group |
| Headquarters | Ahmedabad, India |
| Industry | Power and energy |
| Power generation capacity | 12,450 MW |
| Renewable energy capacity | 40 MW |
| Number of power plants | 10 |
| Location of power plants | Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Jharkhand |
| Commitment to sustainability | Yes |
| Environmental initiatives | Flue gas desulfurization (FGD) systems, water conservation measures, carbon footprint reduction |
Adani Power Products
| Product | Description |
|---|---|
| Thermal Power Plants | Adani Power operates nine thermal power plants with a combined capacity of 12,410 MW. These plants are located in the states of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and Jharkhand. |
| Solar Power Project | Adani Power operates a 40 MW solar power project in Gujarat. This project is one of the largest solar power projects in India. |
| Upcoming Projects | Adani Power has a number of upcoming projects, including a 1,600 MW expansion of its existing power plant at Singrauli, Madhya Pradesh. The company is also planning to develop more renewable energy projects. |
| Transmission and Distribution | Adani Power owns and operates a number of transmission and distribution lines in India. These lines are used to transmit and distribute electricity to homes and businesses. |
| Trading | Adani Power trades electricity in India and on international markets. The company’s trading business helps to ensure that Adani Power’s power plants can sell their electricity at a competitive price. |
Adani Power Awards and Recognition
| Award/Recognition | Year | Description |
|---|---|---|
| Excellent Energy Efficient Unit | 2023 | Awarded by the Confederation of Indian Industry (CII) to Adani Power’s Mundra Thermal Power Station (Unit 7) for achieving the highest level of energy efficiency in the thermal power plant category. |
| Most Innovative Company | 2023 | Awarded by the Confederation of Indian Industry (CII) to Adani Electricity for its innovative use of digital technologies in the power sector. |
| Par Excellence Award | 2023 | Awarded by the Quality Circle Forum of India (QCFI) to six teams from Adani Electricity Mumbai Limited (AEML) for their outstanding implementation of 5S principles. |
| Best Innovative Leadership Development Program Award | 2023 | Awarded by the Economic Times HRWorld to Adani Electricity Mumbai Limited (AEML) for its ‘A-Marvels’ leadership development program. |
| OHSSAI Award for HSE Excellence and Sustainability | 2023 | Awarded by the Organisational Health Safety and Sustainability Association Of India (OHSSAI) to Adani Electricity Mumbai Limited (AEML) for its commitment to health, safety, and environmental excellence. |
| Leaders Award | 2022 | Awarded by Frost & Sullivan and The Energy & Research Institute (TERI) to Adani Green Energy Ltd (AGEL) for its leadership in the field of sustainability. |
| Recognition for Best Environment Management practices | 2018 | Awarded by Srishti Publications to Adani Power for its exemplary environmental management practices. |
Adani Power Fundamentals
| Fundamental | Value |
|---|---|
| Market Capitalization (As of 2023-10-04) | ₹1,29,136.97 Cr |
| Revenue (FY2023) | ₹20,531.10 Cr |
| EBITDA (FY2023) | ₹5,644.90 Cr |
| EPS (FY2023) | ₹18.17 |
| P/E Ratio (As of 2023-10-04) | 4.53 |
| P/B Ratio (As of 2023-10-04) | 1.25 |
| Dividend Yield (FY2023) | 0.00% |
| Debt/Equity Ratio (FY2023) | 1.46 |
| Book Value (FY2023) | ₹38.27 |
| Face Value | ₹10 |
| ROE (FY2023) | 43.89% |
| Debt (FY2023) | ₹29,875.70 Cr |
Adani Power Revenue and Net Profit
| Year | Revenue (Cr) | Net Profit (Cr) |
|---|---|---|
| 2023 | 20,531.10 | 4,880.57 |
| 2022 | 18,281.20 | 3,466.14 |
| 2021 | 15,245.10 | 2,224.87 |
| 2020 | 13,492.40 | 1,523.18 |
| 2019 | 12,112.00 | 1,123.40 |
Adani Power Shareholding Patterns
| Shareholding Category | Percentage |
|---|---|
| Promoter Holding | 69.56% |
| Foreign Institutional Investors (FII) | 17.51% |
| Domestic Institutional Investors (DII) | 11.98% |
| Retail Investors | 0.95% |
Adani Power Share Price Target for 2024, 2025, 2026, 2027, 2028
| Year | Share Price Target (₹) |
|---|---|
| 2024 | ₹457.79 – ₹499.35 |
| 2025 | ₹554.02 – ₹595.06 |
| 2026 | ₹640.43 – ₹689.98 |
| 2027 | ₹720.30 – ₹788.24 |
| 2028 | ₹822.16 – ₹875.23 |
Adani Power Share Price Target for 2024
Adani Power Share Price Target for 2024 is ₹457.79 – ₹499.35.
Adani Power Share Price Target for 2025
Adani Power Share Price Target for 2025 is ₹554.02 – ₹595.06.
Adani Power Share Price Target for 2026
Adani Power Share Price Target for 2026 is ₹640.43 – ₹689.98.
Adani Power Share Price Target for 2027
Adani Power Share Price Target for 2027 is ₹720.30 – ₹788.24.
Adani Power Share Price Target for 2028
Adani Power Share Price Target for 2028 is ₹822.16 – ₹875.23.
Adani Power Dividend History
| Year | Dividend per Share (₹) |
|---|---|
| 2023 | 0.00 |
| 2022 | 0.00 |
| 2021 | 0.00 |
| 2020 | 0.00 |
| 2019 | 0.00 |
| 2018 | 4.00 |
| 2017 | 3.00 |
| 2016 | 2.00 |
| 2015 | 1.00 |
| 2014 | 0.50 |
Future Outlook of Adani Power
Positive Factors for Adani Power’s Future Outlook:
-
Growing demand for electricity: India’s electricity demand is expected to grow at a CAGR of 6% over the next decade. This will benefit Adani Power as it will increase demand for the company’s electricity.
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Expansion of renewable energy capacity: Adani Power is investing in renewable energy sources, such as solar and wind power. This will help the company reduce its carbon footprint and meet the growing demand for renewable energy.
-
Government support for the power sector: The Indian government is supportive of the power sector and is investing in infrastructure development. This will benefit Adani Power as it will improve access to transmission and distribution networks.
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Risks Associated With Investing in Adani Power
| Risk Factor | Description | Impact on Adani Power |
|---|---|---|
| Regulatory Risks | The Indian government is tightening environmental regulations for the power sector. This could increase Adani Power’s compliance costs and reduce its profit margins. | Adani Power could face significant costs associated with implementing new environmental technologies and processes to comply with stricter regulations. |
| Coal Price Risks | Coal is the primary fuel used by Adani Power’s thermal power plants. Rising coal prices could increase the company’s operating costs and reduce its profit margins. | Adani Power’s profitability is directly linked to coal prices. If coal prices rise sharply, the company’s profit margins could be squeezed. |
| Competition Risks | The Indian power sector is highly competitive, with many players vying for market share. This could put pressure on Adani Power’s margins and its ability to attract and retain customers. | Adani Power faces intense competition from other power producers, both in the thermal and renewable energy sectors. This competition could limit the company’s growth and profitability. |
| Financial Risks | Adani Power has a high debt-to-equity ratio, which could make it vulnerable to rising interest rates. Additionally, the company’s financial performance is sensitive to changes in government policies and economic conditions. | Adani Power’s high debt burden could expose it to financial risks if interest rates rise or if the Indian economy slows down. |
| Environmental Risks | Adani Power’s thermal power plants emit greenhouse gases and other pollutants, which could lead to environmental liabilities. Additionally, the company’s operations could be disrupted by climate change-related events, such as extreme weather conditions. | Adani Power faces increasing scrutiny and potential legal challenges related to its environmental impact. The company may need to invest heavily in emission reduction measures to comply with environmental regulations. |
Adani Power Competitors
| Competitor | Description | Market Capitalization (As of 2023-10-04) |
|---|---|---|
| Tata Power | Tata Power is a diversified energy company with a presence in power generation, transmission, and distribution. The company has a power generation capacity of over 10,000 MW and operates a transmission and distribution network that serves over 2.5 million customers. | ₹37,090.38 Cr |
| NTPC | NTPC is a state-owned power generation company with a power generation capacity of over 62,000 MW. The company is the largest power producer in India and accounts for over 17% of the country’s total power generation capacity. | ₹1,11,289.32 Cr |
| JSW Energy | JSW Energy is a leading private power producer in India with a power generation capacity of over 4,000 MW. The company is also one of the largest producers of captive power in India. | ₹15,383.58 Cr |
| Reliance Power | Reliance Power is a subsidiary of Reliance Industries, one of India’s largest conglomerates. The company has a power generation capacity of over 5,000 MW. | ₹10,699.80 Cr |
| GMR Infrastructure | GMR Infrastructure is a leading infrastructure development company with a presence in the power, roads, airports, and urban infrastructure sectors. The company has a power generation capacity of over 3,000 MW. | ₹47,767.47 Cr |
Adani Power Share Price FAQs
What is Adani Power’s 52-week high share price?
Adani Power’s 52-week high share price is ₹595.06, which it reached on October 4, 2023.
What is Adani Power’s 52-week low share price?
Adani Power’s 52-week low share price is ₹366.05, which it reached on June 20, 2023.
What is Adani Power’s market capitalization?
Adani Power’s market capitalization is ₹1,29,136.97 Cr as of October 4, 2023.
What is Adani Power’s P/E ratio?
Adani Power’s P/E ratio is 4.53 as of October 4, 2023.
What is Adani Power’s P/B ratio?
Adani Power’s P/B ratio is 1.25 as of October 4, 2023.
What is Adani Power’s dividend yield?
Adani Power’s dividend yield is 0.00% as of FY2023.
What is Adani Power’s debt/equity ratio?
Adani Power’s debt/equity ratio is 1.46 as of FY2023.
What is Adani Power’s book value?
Adani Power’s book value is ₹38.27 as of FY2023.
What is Adani Power’s face value?
Adani Power’s face value is ₹10.
What is Adani Power’s ROE?
Adani Power’s ROE is 43.89% as of FY2023.
DISCLAMER: We are not SEBI registered. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.
