Adani Power Ltd.
Power · NSE
52-week range
₹101 – ₹234
From 52w high
-3.9%
RSI (14)
75.5
vs SMA 50 / 200
↑ 50 · ↑ 200
Adani Power (₹225.33) has surged 110% over the past 12 months and trades 51.7% above its 200-DMA, driven by a sharp earnings recovery (5-year EPS CAGR of 91.6%) and improving profitability metrics including ROE of 20.9%. The balance sheet carries an extremely high debt-to-equity of 82.33 with a rising debt trend, while the RSI at 75.54 signals technically overbought conditions following a 45% move in just three months.
- ✓ROE of 20.9% ranks 1st among 6 peers in the Power sector with data available, and has been above 15% in 4 of the last 5 years, indicating a sustained profitability recovery.
- ✓5-year earnings CAGR of 91.6% reflects a significant turnaround from prior loss years, with free cash flow positive in 3 of the last 5 years.
- ✓Forward PE of 26.7x is materially lower than the trailing PE of 34.0x, indicating that consensus estimates project continued earnings growth in the near term.
- ✓Mean analyst rating of 1.71 across 7 analysts (1–5 scale, lower = more constructive) reflects a constructive analyst stance, with 7 analysts covering the stock.
- ✗Debt-to-equity of 82.33 with a rising debt trend is an extreme leverage profile; a sustained rise in interest costs or a tariff-rate shock could materially impair debt-service capacity.
- ✗Revenue growth over 5 years is -0.1%, indicating that the earnings recovery has been driven by margin and restructuring rather than top-line expansion, leaving growth dependent on rate environment and capacity utilisation.
- ✗Quality score of 41/100 ranks 2nd of 6 peers but reflects meaningful deficiencies in balance-sheet strength; FCF was positive in only 3 of 5 years despite earnings recovery.
- ✗Nearest key support at ₹144.65 is 35.8% below the current price of ₹225.33; resistance levels are absent in the data, leaving the upper bound of the current trading range undefined.
- ·The stock gained approximately 40% in a single month (reported around April 24, 2026), with Business Today attributing the move to sector momentum and power-demand themes — the specific catalysts described are market commentary, not company-disclosed guidance.
- ·Price is currently ₹225.33, within 3.87% of its 52-week high, after a 45.1% advance over three months; RSI at 75.54 places the stock in overbought territory on its current technical reading.
- ·Peer data shows ADANIGREEN trading at a PE of 140.2x and ADANIENSOL at 73.1x, against ADANIPOWER at 34.0x; however, peer 1-year price changes are unavailable, limiting direct momentum comparison within the sector.
- ?Does the 5-year earnings CAGR of 91.6% reflect a durable shift in the company's operating model, or is it primarily a function of non-recurring debt restructuring and one-time accounting items?
- ?At a debt-to-equity of 82.33 with rising debt, how sensitive is the company's interest coverage to a 100–200 basis-point increase in borrowing costs or a 10–15% decline in power purchase agreement realisations?
- ?Given that the nearest support (₹144.65) is 35.8% below the current price and no resistance levels are identified in the data, what historical price levels has the stock established during prior high-volume consolidations?
- ?Is the flat 5-year revenue trajectory a function of merchant power price cycles, under-utilised capacity, or structural shifts in the power procurement mix — and which of these is most likely to determine the next revenue inflection?
PE
34.0
Forward PE
26.7
ROE
+20.9%
Profit margin
+23.7%
D/E
82.33
Dividend yield
—
Quality score
41/100
ROE 5y above 15%
4/5 yrs
FCF 5y positive
3/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.