ScoreWhy is Adani Power Ltd ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.48 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.48 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 16.64% and Operating profit at 32.70%
3
Flat results in Sep 25
- ROCE(HY) Lowest at 17.69%
- DEBT-EQUITY RATIO(HY) Highest at 0.83 times
4
With ROCE of 16.7, it has a Very Expensive valuation with a 3.3 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 33.30%, its profits have fallen by -5.4%
5
Majority shareholders : Promoters
6
Market Beating performance in long term as well as near term
- Along with generating 33.30% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
7
With its market cap of Rs 2,79,724 cr, it is the second biggest company in the sector (behind NTPC)and constitutes 16.83% of the entire sector
- Its annual Sales of Rs 55,474.57 are 10.24% of the industry
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Power)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Adani Power for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Adani Power
44.09%
0.72
45.94%
Sensex
8.49%
0.43
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
15.83%
EBIT Growth (5y)
30.46%
EBIT to Interest (avg)
3.38
Debt to EBITDA (avg)
3.79
Net Debt to Equity (avg)
0.65
Sales to Capital Employed (avg)
0.52
Tax Ratio
21.41%
Dividend Payout Ratio
0
Pledged Shares
1.81%
Institutional Holding
15.06%
ROCE (avg)
13.62%
ROE (avg)
27.38%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
23
Industry P/E
20
Price to Book Value
4.44
EV to EBIT
19.34
EV to EBITDA
14.97
EV to Capital Employed
3.08
EV to Sales
5.49
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
16.71%
ROE (Latest)
20.58%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend5What is working for the Company
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 10,291.04 cr
DEBTORS TURNOVER RATIO(HY)
Highest at 5.88 times
-15What is not working for the Company
ROCE(HY)
Lowest at 17.69%
PAT(Q)
At Rs 2,479.58 cr has Fallen at -17.6% (vs previous 4Q average
DEBT-EQUITY RATIO(HY)
Highest at 0.83 times
NET SALES(Q)
Lowest at Rs 12,451.44 cr
PBDIT(Q)
Lowest at Rs 4,238.07 cr.
PBT LESS OI(Q)
Lowest at Rs 2,401.76 cr.
EPS(Q)
Lowest at Rs 1.29
Loading Valuation Snapshot...
Here's what is working for Adani Power
Cash and Cash Equivalents - Half Yearly
Highest at Rs 10,291.04 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Highest at 5.88 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Adani Power
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2,401.76 cr has Fallen at -24.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 3,178.62 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
At Rs 12,451.44 cr has Fallen at -10.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 13,868.64 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 2,479.58 cr has Fallen at -17.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 3,007.96 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 12,451.44 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 4,238.07 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 2,401.76 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 1.29
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debt-Equity Ratio - Half Yearly
Highest at 0.83 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
