Adani Power stock
ADANIPOWER.NSNSEAdani Power Limited, UtilitiesISIN INE814H01029
65Score 65 out of 100, Neutral
Price and trend
72 / 100
Price history
+37% in one yearThe chart shows daily closes over 17 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 7.0% above it.
Since June 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Overheated: the price has risen very quickly lately (RSI 83).
The price is 16% below its 52-week high. Largest decline in 17 years: 89% (September 2010 to July 2018).
Chart figures for advanced users
- SMA 50$2.12
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$2.07
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)83
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$1.41
- The lowest closing price of the last twelve months.
- Resistance$2.65
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Adani Power Limited belongs to the Independent Power Producers industry (India) and, with a market value of $42.61B, is number 3 of 23 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $5.72B (down 4.3% year on year) and earnings of $1.36B (down 0.8%).
- For fiscal 2027, analysts expect on average revenue of $6.99B (up 22.2%) and adjusted earnings per share of $0.07 (up 3.7%).
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- MEQIRI Score 65 out of 100 (Neutral): rank 11 of 201 in Utilities, median 53.
- The P/E is 22 (Independent Power Producers median 22, own median of recent years 15.6).
- Our model puts fair value at $1.85, with the price 19% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 248.4% a year since 2021.Growth 72
- High marginNet margin 29% over the last 12 months, Independent Power Producers median 10.7%.Profitability 82
- Growing faster than its industryRevenue up 15.5% a year since 2021, Independent Power Producers median 9.5%.Growth 72
Weaknesses
- Margin fallingOperating margin 27.5%, average of the prior years 38.8% (to 2025).
Its standout strengths are profitability and momentum, while capital allocation holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 66 to 65.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $1.42 and expensive above $2.64 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $1.49 (cash-flow model) and $2.21 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 16.2%. At 17.2% the fair value would be $1.76, at 15.2% it would be $1.96.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (22).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 14.1% on the twelve months before. Revenue turned from negative at the start of the period to positive ($5.72B in the latest year).
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 34%, operating 27%, net 24%. Last 12 months: net 29%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 4 Feb 2027in 83 days
- Last reported
- 23 Oct 2026EPS reported $0.04 (expected $0.02)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 3.6% since 27 Oct 2026.
- Earnings per share
- $0.07+3.6%
- Revenue
- $6.99B+2.5%
- Earnings per share
- $0.08−2.1%
- Revenue
- $7.82B+0.9%
MEQIRI has stored the estimates since 27 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Adani Power
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 65
- Sector median
- 53
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Independent Power Producers
The next larger and next smaller companies by market value
- Constellation EnergyCEG $100.06B57
- VistraVST $45.65B59
- CGN Power003816.SZ $32.74B49
- NRG EnergyNRG $20.59B54
- Adani Energy SolutionsADANIENSOL.NS $18.64B65
- Talen EnergyTLN $18.42B43
- Huaneng Power International600011.SS $17.96B48
- Power Assets Holdings0006.HK $17.62B65
ETFs that hold Adani Power
Held by 9 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares MSCI India UCITS ETFQDV5 | 0.50% | 0.65% | €4.98B |
| iShares MSCI EM Asia UCITS ETFCEBL | 0.07% | 0.20% | €7.14B |
| iShares MSCI EM UCITS ETF USD (Dist)IQQE | 0.07% | 0.18% | €8.51B |
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| Amundi Core MSCI Emerging Markets UCITS ETF EUR DistAEMD | 0.06% | 0.18% | €9.52B |
| iShares Core MSCI EM IMI UCITS ETFIS3N | 0.05% | 0.18% | €37.98B |
| Vanguard FTSE All-World UCITS ETF (USD) AccumulatingVWCE | 0.01% | 0.14% | €79.59B |
| Amundi Prime All Country World UCITS ETF AccWEBN | 0.01% | 0.07% | €8.95B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 7 Nov 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.