Financials of Adani Power Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Adani Power Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +10,24211,00612,99112,99113,36414,95613,33913,67114,23714,10913,45712,45114,223
Expenses +8,3357,4917,8198,3468,5148,7618,0638,6489,4258,4248,3078,2139,491
Operating Profit1,9073,5145,1714,6454,8506,1945,2765,0234,8135,6855,1504,2384,732
OPM %19%32%40%36%36%41%40%37%34%40%38%34%33%
Other Income +5537,1031,9453645185187241,1622984658515431,766
Interest746883888797820811807957765857842701967
Depreciation8179351,0041,0029909961,0591,1701,0851,0891,1931,1351,147
Profit before tax8988,8005,2243,2103,5584,9064,1344,0593,2614,2043,9662,9454,384
Tax %-484%0%-26%15%23%20%20%28%20%21%27%16%3%
Net Profit +5,2428,7596,5942,7382,7373,9133,2982,9402,5993,3052,9062,4884,271
EPS in Rs2.724.543.421.421.422.031.731.591.371.761.531.292.08

Financials of Adani Power Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +18,68325,37722,61620,30423,88426,46826,22127,71138,77350,35156,20354,241
Expenses +14,00516,57516,63514,86818,90120,73417,53317,83028,67732,12434,78534,434
Operating Profit4,6788,8025,9805,4364,9835,7348,6889,88110,09618,22821,41819,806
OPM %25%35%26%27%21%22%33%36%26%36%38%37%
Other Income +1,188-201-3,6667542,4483231,9093,9084,2169,8832,5903,625
Interest4,8645,5605,9025,5705,6575,3155,1064,0953,3343,3883,3403,367
Depreciation1,8182,6662,6722,6992,7513,0063,2023,1183,3043,9314,3094,565
Profit before tax-816375-6,260-2,079-976-2,2652,2896,5777,67520,79216,36015,500
Tax %0%-47%-1%-0%1%0%45%25%-40%-0%22%16%
Net Profit +-816551-6,174-2,103-984-2,2751,2704,91210,72720,82912,75012,971
EPS in Rs-0.570.33-3.20-1.09-0.51-1.180.662.555.5610.806.716.66
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Adani Power Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2,8723,3343,8573,8573,8573,8573,8573,8573,8573,8573,8573,857
Reserves2,8534,134-857-2,9683,8552,6249,25614,60026,01939,04252,49061,080
Borrowings +44,74252,72952,48452,83546,98055,19952,41149,14542,35034,86239,49554,670
Other Liabilities +8,00815,59716,02715,80413,29313,34613,01214,37913,59614,24817,07622,673
Total Liabilities58,47475,79471,51169,52867,98575,02578,53581,98185,82192,009112,918142,280
Fixed Assets +45,08056,94154,39152,13750,41955,84652,85153,27451,45163,01669,29769,401
CWIP191881251203502,3476,43910,27012,88092512,10435,053
Investments3570164033201836543741,0971,516
Other Assets +12,84618,76516,83117,27117,21316,83019,22518,25420,83627,69430,41836,309
Total Assets58,47475,79471,51169,52867,98575,02578,53581,98185,82192,009112,918142,280

Financials of Adani Power Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +5,8245,2574,7255,1015,6105,5987,01410,2338,43114,17021,50120,514
Cash from Investing Activity +-4,737-2,692-1,212-520-984-2,304-2,1887741,5453,481-17,142-26,461
Cash from Financing Activity +-1,144-2,713-3,539-4,600-4,663-2,377-5,655-10,338-10,408-16,864-5,1756,555
Net Cash Flow-58-148-26-19-37917-828669-433787-816608
Free Cash Flow3,0983,2893,8814,1744,6513,3783,4076,7995,18811,5689,957-2,817
CFO/OP125%60%79%94%113%99%81%106%84%78%100%103%

Financials of Adani Power Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days68179124109131115159126109858579
Inventory Days
Days Payable
Cash Conversion Cycle68179124109131115159126109858579
Working Capital Days-161-154-208-269-90-77-38-46-6161810
ROCE %7%11%6%6%9%7%12%16%16%32%23%17%