NSE: ADANIPOWER | BSE: 533096

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141.76 0.46 (0.33%)

59.28% Gain from 52W Low

8.8M NSE+BSE Volume

NSE 19 Dec, 2025 3:31 PM (IST)

273,379.8

Market Cap

Market Runner Up

Beta 1Year

Very High Volatility

Adani Power Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ADANIPOWER, BSE:533096 Adani Power Ltd.

Adani Power Ltd.

09 Aug 2016

141.76

0.33%

Adani Power - 1QFY17 Result Update

Hold: Adani Power Ltd.

Target

Reliance Securities

APL's revenue de-grew 6.0% yoy to Rs55.7bn in 1QFY17 owing to 12% fall in generation to 13.96bn while average realization stood at Rs4.0/unit. It sold 13.96 billion units (BUs) in Q1FY17 Vs 15.86 BUs in Q1FY16 due to shutdown at Tiroda plant owing to non-availability of water. The shortfall in income from Tiroda was due to non-availability of water which was partially compensated by higher revenue at Kawai & Udupi where PLF was 86% & 79%, respectively. Net sales includes: (1) compensatory tariff of Rs1.6bn (vs. Rs2.2bn in 1QFY16) for Mundra plant; (2) compensatory tariff Rs0.22 bn (vs. Rs1.37bn in 1QFY16) for Adani Power Maharashtra; and (3) additional compensatory tariff of Rs0.44bn (vs. Rs 1.5bn in...

Adani Power has gained 36.01% in the last 1 Year

Adani Power Ltd.

05 May 2016

141.76

0.33%

Adani Power - 4QFY16 Result Update

Accumulate: Adani Power Ltd.

Reliance Securities

Adani Power (APL) consolidated adj. profit stood at Rs3.8bn in 4QFY16 as against Rs 1.1bn in 3QFY16 primarily due to higher PLF (79.5%) and lower fuel cost. The Company has reported net profit for last two quarters after reporting net losses for 11 successive quarters till 2QFY16. APL has been reporting dismal numbers due to lack of adequate coal supply from Bunyu mines thus forcing the Company to blend expensive spot coal inventory as well as importing higher quantum of coal due to limited availability of domestic coal. In the last 3 months as the stock price has gained since we turned positive on the stock. Hence, we have revised our recommendation on the stock from...

Adani Power has gained 36.01% in the last 1 Year

Adani Power Ltd.

15 Feb 2016

141.76

0.33%

Adani Power - 3QFY16 Result Update

Sell: Adani Power Ltd.

Reliance Securities

Adani Power (APL) has reported consolidated profit of Rs1.0bn, after 11 quarters of consecutive losses, in 3QFY16 due to one-time recovery of compensatory tariff of Rs1.28bn & Interest cost saving of Rs3bn on account of 5/25 scheme. More than past 11 quarters, Adani power has been reporting dismal numbers due to lack of adequate coal supply from Bunyu mines thus forcing it to blend expensive spot coal inventory and higher import of coal due to limited availability of domestic coal. However, in the last 15-18 months as the stock price has been corrected to more than 60%, we believe negatives are factored in the current...

Adani Power Ltd. has an average target of 187.00 from 3 brokers.

Adani Power Ltd.

03 Nov 2015

141.76

0.33%

Adani Power - 2QFY16 Result Update

Sell: Adani Power Ltd.

Reliance Securities

Adani Power (APL) reported a consolidated total income of Rs57.5bn in 2QFY16 up 38.6% yoy compared to Rs41.1bn in 2QFY15. Revenue during the quarter increased due to improved PLF along with additional revenue of Rs5.7bn contributed by UPCL. The company reported a net loss of Rs3.6 bn in 2QFY16 (in line with our expectation of a net loss of Rs4.3bn) as compared to a loss of Rs7.9bn in the same quarter a year ago. Adani power has been reporting dismal numbers since more than 11 quarters due to lack of adequate coal supply from Bunyu mines, forcing it to blend expensive spot coal along with higher imported coal. In our view, the long-term fuel security still remains a concern...

Adani Power has gained 28.69% in the last 6 Months

Adani Power Ltd.

10 Aug 2015

141.76

0.33%

Adani Power - 1QFY16 Result Update

Sell: Adani Power Ltd.

Reliance Securities

We maintain our earnings estimates for FY16E / FY17E, however, we have reduced our base merchant realization from Rs4.25/Unit to Rs4.0/unit and increased our annual coal price hike assumption from 2% to 5% from FY17E onwards, thereby lowering our DCF-based Target Price to Rs31. At the CMP, the stock is trading at P/BV of 1.5x and 1.7x its FY16E and FY17E and EV/EBITDA of 8.0x FY17E with (5.8)% RoE. We maintain SELL recommendation with a revised Target price of Rs31, as we believe that the stock is expensive given high risks on...

Adani Power has gained 28.69% in the last 6 Months

Adani Power Ltd.

21 Apr 2015

141.76

0.33%

Adani Power - Event Update

Sell: Adani Power Ltd.

Reliance Securities

Adani Power has gained 28.69% in the last 6 Months

Adani Power Ltd.

18 Nov 2011

141.76

0.33%

EARNING UPDATE - ADANI POWER

Buy: Adani Power Ltd.

Recommendation

Chola Wealth Direct

total capacity to about 5,940 MW and 6,600 MW in FY12 and FY13 respectively. This includes Mundra Project (four units, aggregating to 2,640MW) and Tiroda Project (Phase I & II aggregating to 1,980MW). Background: Adani Power (APL) is promoted by Adani Enterprises, which is the flagship company of Adani Group. APL has a capacity of 1,980 MW as on FY11 and is currently in the process of commissioning 6,600MW of power, which is in various stages of development. All of the...

Adani Power has gained 36.01% in the last 1 Year

Adani Power Ltd.

21 Sep 2011

141.76

0.33%

INITIATING COVERAGE - ADANI POWER

Neutral: Adani Power Ltd.

Chola Wealth Direct

Adani Power (APL) is likely to benefit from rapid capacity expansion of about 3,960 MW capacities in FY12 and 660 MW in FY13 taking its total capacity to about 5,940 MW and 6,600 MW in FY12 and FY13 respectively. This includes (Phase I & II aggregating to 1,980MW). By the end of FY15, the company expects to operate a power generation portfolio of 10,560MW....

Adani Power Ltd. is trading above its 200 day SMA of 125.0

Is Adani Power Ltd. worth buying?

2540 Votes:

Buy 74.76%

Sell 12.05%

Hold 13.19%

RESEARCH REPORTS

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