AI Summary
✦ ClarthaAdani Power is an Indian thermal power generator, selling electricity through long-term, supplemental, medium- and short-term PPAs, and merchant markets. Its 18,150MW portfolio spans coal-based plants, including Mundra, Tiroda, Kawai, Udupi, and Mahan, with contracted sales providing the core revenue base. NCLT approval to merge key subsidiaries could simplify the structure, but the provided data does not establish a specific margin or growth benefit. Revenue declined 3.5% year-on-year, while profit fell 0.8%; stable margins indicate limited operating deterioration. ROE is unavailable, while debt/equity of 82.33 implies substantial leverage can amplify reported equity returns and refinancing risk. At 28x earnings, the stock appears fairly valued against the stated sector context, but elevated leverage and exposure to thermal generation remain key investor questions.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 9 analysts
Fundamentals
Fundamentals institutional score is 95 using growth durability 94.8.
Valuation
No valid valuation metrics were supplied.
Analyst Consensus
Analyst View institutional score is 79 using mean target upside 22.0%; dispersion penalty 9.8; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 85 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is skewing constructive on impact and recency. Based on 4 recent ticker-linked news items.
Signal Summary
Market intelligence remains Supportive. fundamentals and analyst consensus provide support.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 73.3% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.94). Confidence: 70%.
Live forward EPS implies next-12-month EPS of ₹7.94. Applying the stock's normalized valuation corridor produces a fair range of ₹113.94 to ₹155.86, with base value near ₹128.15 (-38.1% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹7.94
Forward P/E
26.1x
Base Fair Value
₹128.15
Fair Range
₹113.94 - ₹155.86
Upside To Base
-38.1%
Estimate Source
Live forward EPS
Growth Estimate
+44.4%
5Y Average
13.40
Current
27.97
Overvalued
19.63
Undervalued
14.35
5Y Average
9.95
Current
20.77
Overvalued
13.27
Undervalued
5.59
5Y Average
5.13
Current
6.15
Overvalued
6.15
Undervalued
4.11
Peers & Comparison
Sector: Utilities · Theme: Power Generation
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
NTPC LTD NTPCPower Generation | +8.0% | 14.5% | 10.4x Undervalued | -82% vs avg | -0.4% |
JSW ENERGY LIMITED JSWENERGYPower Generation | +1.2% | 10.4% | 43.9x Undervalued | -24% vs avg | +5.2% |
SIEMENS ENERGY INDIA LTD ENRINPower Generation | +39.3% | 15.8% | 85.4x Premium | +48% vs avg | +12.7% |
ADANI GREEN ENERGY LTD ADANIGREENRenewable Energy | +16.6% | 13.1% | 128.4x Premium | +123% vs avg | +47.8% |
ADANI ENERGY SOLUTION LTD ADANIENSOLPower Infrastructure | +42.4% | 9.6% | 65.7x Fair | +14% vs avg | +106.3% |
GAIL (INDIA) LTD GAILGas Distribution | +16.7% | 6.7% | 11.8x Undervalued | -80% vs avg | +1.1% |
ADANI POWER LTD trades at a discount (28.0x vs peer avg 57.6x), suggesting potential undervaluation relative to the Power Generation cohort. Peers include NTPC LTD, JSW ENERGY LIMITED, SIEMENS ENERGY INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹15.76K CrJun 2026Latest net profit
₹4.11K CrJun 2026Latest EPS
₹2.13Jun 2026Net margin
42.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 8,511 | 10,337 | 10,217 | 12,238 | 11,394 | 11,901 | 12,042 | 12,201 | 12,462 | 11,243 | 10,011 | 11,573 | 15,761 |
| Expenses + | 5,985 | 5,690 | 6,749 | 7,784 | 7,439 | 7,053 | 7,169 | 7,868 | 7,238 | 6,724 | 6,429 | 7,715 | 9,098 |
| Operating Profit | 2,526 | 4,647 | 3,467 | 4,454 | 3,955 | 4,848 | 4,873 | 4,333 | 5,224 | 4,519 | 3,582 | 3,858 | 6,663 |
| OPM % | 30% | 45% | 34% | 36% | 35% | 41% | 40% | 36% | 42% | 40% | 36% | 33% | 42% |
| Other Income + | 7,136 | 2,033 | 431 | 622 | 584 | 741 | 1,206 | 389 | 566 | 1,076 | 586 | 2,042 | 666 |
| Interest | 741 | 616 | 536 | 918 | 553 | 802 | 904 | 683 | 830 | 857 | 719 | 969 | 854 |
| Depreciation | 787 | 801 | 797 | 952 | 795 | 974 | 990 | 958 | 940 | 950 | 951 | 932 | 942 |
| Profit before tax | 8,133 | 5,262 | 2,564 | 3,206 | 3,191 | 3,813 | 4,185 | 3,082 | 4,020 | 3,789 | 2,498 | 3,999 | 5,534 |
| Tax % | 0% | -26% | 16% | 25% | 23% | 23% | 27% | 23% | 22% | 28% | 18% | 23% | 26% |
| Net Profit + | 8,133 | 6,625 | 2,160 | 2,399 | 2,455 | 2,955 | 3,035 | 2,359 | 3,119 | 2,735 | 2,047 | 3,087 | 4,105 |
| EPS in Rs | 4.22 | 3.44 | 1.12 | 1.24 | 1.27 | 1.53 | 1.57 | 1.22 | 1.62 | 1.42 | 1.06 | 1.60 | 2.13 |
| Raw PDF | |||||||||||||
| YOY Sales Growth % | -32.52% | 49.24% | 33.80% | 28.74% | 33.87% | 15.13% | 17.86% | -0.30% | 9.37% | -5.53% | -16.86% | -5.14% | 26.48% |
| Material Cost % | 0.28% | 0.73% | 0.85% | 0.18% | 0.09% | 0.18% | 0.08% | 0.34% | 0.08% | 0.10% | 0.42% | 0.53% | 1.20% |
| Employee Cost % | 1.52% | 1.24% | 1.27% | 1.43% | 1.65% | 1.27% | 1.50% | 1.31% | 1.48% | 1.41% | 1.83% | 1.66% | 1.32% |
| Other income normal | 7,136 | 2,033 | 431 | 622 | 584 | 741 | 1,206 | 389 | 566 | 1,076 | 586 | 2,042 | 666 |
| Profit excl Excep | 8,133 | 6,625 | 2,160 | 2,399 | 2,455 | 2,955 | 3,035 | 2,359 | 3,119 | 2,735 | 2,047 | 3,087 | 4,105 |
| Profit for PE | 8,133 | 6,625 | 2,160 | 2,399 | 2,455 | 2,955 | 3,035 | 2,359 | 3,119 | 2,735 | 2,047 | 3,087 | 4,105 |
| Profit for EPS | 8,133 | 6,625 | 2,160 | 2,399 | 2,455 | 2,955 | 3,035 | 2,359 | 3,119 | 2,735 | 2,047 | 3,087 | 4,105 |
| YOY Profit Growth % | 93% | 614% | 781% | -51% | -70% | -55% | 41% | -2% | 27% | -7% | -33% | 31% | 32% |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement Under Regulation 30 (LODR)- Update On The Scheme Of Amalgamation