India’s power sector is growing tremendously, and it is the third-largest consumer and producer of electricity across the globe. As India pushes for more power to fuel its growth, companies like Adani Power are stepping up.
But how well is Adani Power really doing? Is it a company you should look out for from an investment point of view? Let’s break it down in this article.
Table of Contents
About Adani Power
One of the popular power stocks in India, Adani Power Limited, is part of the Adani Group, one of India’s biggest business conglomerates. The company started in 1996, and today it’s the country’s largest private thermal power producer. It operates across multiple states like Gujarat, Rajasthan, Jharkhand, Maharashtra, Chhattisgarh, and Karnataka, among others.
Adani Power has an installed capacity of about 17,510 MW of thermal power. They supply electricity to both private companies and government-run distribution companies. The company is also known for building India’s largest private thermal power plant at Mundra, Gujarat.
In recent years, Adani Power has been focusing not just on coal-based plants but also moving toward renewable energy. Their big goal is to help India meet its growing energy needs while keeping things sustainable. With India’s power demand expected to surge to 273 GW in June 2025, Adani Power is gearing up to play an even bigger role.
Adani Power’s Financial Performance
In the last quarter (Q4) of the financial year 2025, Adani Power reported a net profit of ₹2,637 crore, which is a 4% drop compared to the same period the previous year. Despite this, their revenue grew by 6.5% to ₹14,237 crore, thanks to higher power sales volumes.
For the entire FY25, the company’s PAT was ₹12,750 crore, a YoY decline of 39%, down from ₹20,829 crore in the previous year. This decline was mainly due to lower one-time revenues alongside increased tax expenses. The company’s continuing revenue grew by 10.8% YoY, at ₹56,473 crore in FY25, up from ₹50,960 crore in FY24.
APL also recorded continuing EBITDA of ₹21,575 crore in FY25, compared to ₹18,789 crore in the previous year. This growth was backed by decreased fuel prices and increased revenue. PBT for FY25 also stood at ₹13,926, a YoY growth of 21.4% from the previous year.
Growth and Financial Health
Adani Power’s power generation saw a significant boost. In Q4 FY25, they sold 26.4 billion units (BU) of electricity with a YoY growth of 18.9%, up from 22.2 BU in the previous year. This increase was driven by higher demand for power and more installed capacity.
In FY25, the company generated 102.2 billion units of power, compared to 85.5 BU in FY24, a YoY growth of 19.5%. This tells us that the company is scaling up to meet the country’s growing power needs.
Adani Power Ltd Stock Performance
As of June 3, 2025, Adani Power share price is well above ₹54o. In the last year, the company’s stock price has dropped by 13.6%, and it has dipped by 10.06% over the last six months. The share price has increased by 0.94% in 2025 YTD. The stock has also surged by 4.47% in the last month. In terms of the long term, it has given a 111.09% return in the last 3 years.
Looking ahead, Adani Power is focusing on increasing its electricity generation capacity and exploring renewable energy sources. This strategy aligns with India’s push for sustainable energy and indicates potential for significant growth in the coming years.
Conclusion
Adani Power is dealing with the challenges of the power sector with strategic investments and a focus on growth. While there have been some dips in profit, the overall progress of the company shows promise. If you’re looking to invest in the energy sector, Adani Power can be a stock to diversify your portfolio. However, make sure to do your own research before investing!
