Adani Power shares ended lower in Wednesday's session. The stock was among the top losers on the Nifty Next 50 index, falling 1.43% to close at Rs 634.45 yesterday.
Financial Snapshot:
Adani Power's consolidated financial performance shows the following trends:
- Revenue: The company's annual revenue has increased steadily over the past five years. For the year-ending March 2025, the revenue stood at Rs 56,203.09 Crore, compared to Rs 50,351.25 Crore for the year-ending March 2024, representing an increase of approximately 11.62%.
- Net Profit: While net profit saw substantial growth in previous years, it decreased in the most recent fiscal year. The net profit for the year-ending March 2025 was Rs 12,749.61 Crore, a decrease from Rs 20,828.79 Crore in the year-ending March 2024.
- EPS: The earnings per share (EPS) also reflected this decrease, with the EPS for the year-ending March 2025 at Rs 32.32, down from Rs 51.62 in the year-ending March 2024.
Here is a detailed financial overview:
Financials (Consolidated) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Revenue (Rs Crore) | 26,221.48 | 27,711.18 | 38,773.30 | 50,351.25 | 56,203.09 |
Net Profit (Rs Crore) | 1,269.98 | 4,911.58 | 10,726.64 | 20,828.79 | 12,749.61 |
EPS | 0.06 | 9.63 | 24.57 | 51.62 | 32.32 |
BVPS | 1.29 | 14.23 | 42.56 | 92.26 | 138.17 |
ROE | 255.22 | 89.48 | 65.35 | 58.53 | 24.27 |
Debt to Equity | 99.58 | 8.86 | 2.56 | 0.96 | 0.71 |
A look at the quarterly results reveals the following:
- Revenue: The company's revenue for the quarter-ending June 2025 was Rs 14,109.15 Crore, slightly lower than the Rs 14,237.40 Crore reported for the quarter-ending March 2025.
- Net Profit: The net profit for the quarter-ending June 2025 was Rs 3,305.13 Crore, an increase compared to Rs 2,599.23 Crore for the quarter-ending March 2025.
- EPS: The earnings per share (EPS) also increased, with the EPS for the quarter-ending June 2025 at Rs 8.62, up from Rs 6.62 in the quarter-ending March 2025.
Quarterly | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
---|---|---|---|---|---|
Revenue (Rs Crore) | 14,955.63 | 13,338.88 | 13,671.18 | 14,237.40 | 14,109.15 |
Net Profit (Rs Crore) | 3,912.79 | 3,297.52 | 2,940.07 | 2,599.23 | 3,305.13 |
EPS | 9.72 | 8.21 | 7.67 | 6.62 | 8.62 |
The balance sheet provides the following insights:
- Total Liabilities: The company's total liabilities have generally increased over the past five years, reaching Rs 112,917 Crore as of March 2025, compared to Rs 92,324 Crore in March 2024.
- Total Assets: Correspondingly, the total assets have also increased, aligning with the growth in liabilities, with total assets at Rs 112,917 Crore as of March 2025.
Balance Sheet | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Share Capital (Rs Crore) | 3,945 | 4,011 | 4,025 | 4,041 | 4,374 |
Reserves & Surplus (Rs Crore) | -3,359 | 1,631 | 12,557 | 31,726 | 49,433 |
Current Liabilities (Rs Crore) | 18,456 | 17,143 | 17,744 | 15,788 | 16,440 |
Other Liabilities (Rs Crore) | 59,492 | 59,194 | 51,493 | 40,768 | 42,668 |
Total Liabilities (Rs Crore) | 78,535 | 81,981 | 85,821 | 92,324 | 112,917 |
Fixed Assets (Rs Crore) | 59,100 | 63,353 | 64,140 | 63,750 | 81,197 |
Current Assets (Rs Crore) | 17,371 | 16,228 | 19,553 | 25,586 | 26,329 |
Other Assets (Rs Crore) | 2,063 | 2,399 | 2,127 | 2,987 | 5,390 |
Total Assets (Rs Crore) | 78,535 | 81,981 | 85,821 | 92,324 | 112,917 |
Contingent Liabilities (Rs Crore) | 6,095 | 3,664 | 10,353 | 18,863 | 41,266 |
Highlights from the cash flow statement:
- Net Cash Flow: The company's net cash flow has fluctuated over the years. For the year-ending March 2025, the net cash flow was negative at Rs -816 Crore.
- Operating Activities: Cash flow from operating activities has generally been positive, indicating the company's ability to generate cash from its core business operations.
Cash Flow | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Operating Activities (Rs Crore) | 7,014 | 10,232 | 8,430 | 14,170 | 21,501 |
Investing Activities (Rs Crore) | -2,187 | 572 | 1,544 | 3,485 | -17,142 |
Financing Activities (Rs Crore) | -5,654 | -10,337 | -10,408 | -16,864 | -5,175 |
Net Cash Flow (Rs Crore) | -828 | 669 | -433 | 787 | -816 |
Here’s a summary of important financial ratios as of March 2025:
- Basic EPS: Rs 32.32
- Book Value per Share: Rs 138.17
- Debt to Equity: 0.71
- P/E Ratio: 15.76
- P/B Ratio: 3.69
Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Basic EPS (Rs.) | 0.06 | 9.63 | 24.57 | 51.62 | 32.32 |
Book Value [Excl. Reval Reserve]/Share (Rs.) | 1.29 | 14.23 | 42.56 | 92.26 | 138.17 |
Debt to Equity (x) | 99.58 | 8.86 | 2.56 | 0.96 | 0.71 |
P/E (x) | 1417.50 | 19.22 | 7.80 | 10.34 | 15.76 |
P/B (x) | 65.93 | 13.00 | 4.50 | 5.78 | 3.69 |
Adani Power had a share split with a record date of September 22, 2025. The old face value of Rs 10 was split into a new face value of Rs 2. The ex-split date is also September 22, 2025.
Adani Power Limited has split shares with record date as September 22, 2025.
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