Adani Power Ltd

Adani Power Ltd announced enhancements and assignments to its credit ratings by CARE Ratings, reflecting sustained strong financial and operational performance. CARE Ratings upgraded the credit rating of the company’s long-term bank facilities to CARE AA+; Stable, enhanced from Rs 42,950.00 to Rs 52,950.00, and the long-term/short-term bank facilities to CARE AA+; Stable / CARE A1+, with the long-term rating upgraded from CARE AA; Stable and the short-term rating reaffirmed. Additionally, CARE Ratings upgraded the credit rating assigned to Adani Power Limited’s Non-Convertible Debentures, with one tranche rated at CARE AA+; Stable and another at CARE AA+; Stable, totaling Rs 11,000 and Rs 11,500 respectively, and assigned a rating of CARE AA+; Stable to the combined rated facilities of Rs 90,500.00.

Adani Power Ltd is down for a fifth straight session today. The stock is quoting at Rs 203.3, down 0.95% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 24349.25. The Sensex is at 77855.59, down 0.2%.Adani Power Ltd has lost around 7.58% in last one month.Meanwhile, Nifty Energy index of which Adani Power Ltd is a constituent, has eased around 2.42% in last one month and is currently quoting at 38554.2, up 0.38% on the day. The volume in the stock stood at 74.1 lakh shares today, compared to the daily average of 187.08 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 203.59, down 1.15% on the day. Adani Power Ltd jumped 69.77% in last one year as compared to a 2.12% slide in NIFTY and a 12.23% spurt in the Nifty Energy index.The PE of the stock is 33.05 based on TTM earnings ending June 26.

Adani Power Limited informed the BSE Limited and National Stock Exchange of India Limited that its members approved resolutions at an Extraordinary General Meeting on August 14, 2026, including an increase in borrowing limits up to Rs 100,000 crore, creation of a mortgage/charge on properties, conversion of loan into equity, and the raising of funds up to Rs 15,000 crore through the issuance of equity shares or other eligible securities via a Qualified Institutional Placement or other permissible mode.

Adani Power announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 August 2026.

Revenue from operations increased 33.97% YoY to Rs 18,901.89 crore in the quarter ended 30 June 2026, compared with Rs 14,109.15 crore in the corresponding quarter of the previous year. Profit before tax (PBT) surged 52.65% YoY to Rs 6,418.18 crore in Q1 FY27, compared with Rs 4,204.31 crore in Q1 FY26. Consolidated continuing EBITDA rose 21.6% YoY to Rs 6,983 crore, marking the company's highest-ever quarterly performance. The growth was supported by strong operational performance despite higher fuel costs. Consolidated power sale volume increased 16.9% to 28.8 billion units (BU) in Q1 FY27 from 24.6 BU in Q1 FY26, driven by higher operating capacity and robust power demand. The company's consolidated plant load factor (PLF) improved to 77.9% in Q1 FY27 from 67% in the corresponding quarter last year. India witnessed strong power demand during the quarter due to a hotter-than-usual summer, with peak power demand touching a record 270.8 GW in May 2026. Energy consumption increased 8.4% year-on-year to 485.4 BU during Q1 FY27. The Day-Ahead Market Clearing Price on the Indian Energy Exchange rose 15.7% year-on-year to Rs 5.1 per unit, while the Real-Time Market Clearing Price increased 13.8% to Rs 4.5 per unit. During the quarter, Adani Power acquired the 180 MW Churk thermal power plant, a 24% equity stake in Jaiprakash Power Ventures (2,220 MW), and an 11.49% equity stake in Prayagraj Power Generation Company (1,980 MW) under the approved resolution plan for Jaiprakash Associates. The company also signed a 25-year Power Supply Agreement (PSA) with Maharashtra State Electricity Distribution Company (MSEDCL) for supplying 1,600 MW power from a proposed 2x800 MW ultra-supercritical thermal power plant under the DBFOO model. S B Khyalia, CEO of Adani Power Limited, said, 'Adani Power has once again demonstrated strength of its efficient and cost-competitive portfolio and operational excellence in various spheres by posting its highest ever quarterly EBITDA on continuing basis. APL has consolidated firmly on the path to expand its portfolio to 45GW, with rapid progress on ongoing projects and strong liquidity from current operations. As we expand our reach further with the acquisition of Jaiprakash Associates' stake in power assets, we are also diversifying into domestic and international hydro power projects and preparing ourselves to enter new opportunities in the nuclear power field. We are strongly committed to helping India meet its long term development goals with the supply of reliable and competitive electricity.' Meanwhile, the board approved a proposal to raise up to Rs 15,000 crore through the issuance of equity shares and/or other eligible securities via a qualified institutions placement (QIP) or other permissible modes, subject to shareholders' and regulatory approvals. The board also approved a proposal to increase the company's borrowing limit to Rs 1,00,000 crore from Rs 75,000 crore, subject to shareholders' approval and other statutory and regulatory clearances. The enhanced limit will enable the company to raise funds through loans, borrowings, debt securities and other permissible instruments in one or more tranches. Adani Power, a part of the diversified Adani Group, is the largest private thermal power producer in India. The counter slipped 1.52% to Rs 216.95 on the BSE. Powered by Capital Market - Live

Net profit of Adani Power rose 41.98% to Rs 4805.69 crore in the quarter ended June 2026 as against Rs 3384.86 crore during the previous quarter ended June 2025. Sales rose 33.97% to Rs 18901.89 crore in the quarter ended June 2026 as against Rs 14109.15 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales18901.8914109.15 34 OPM %42.0540.29 - PBDT7585.415292.90 43 PBT6418.184204.31 53 NP4805.693384.86 42 Powered by Capital Market - Live

The board of Adani Power at its meeting held on 22 July 2026 has approved fund raising up to Rs 15,000 crore by way of QIP issue. The board also approved increase in borrowing limits from Rs 75,000 crore to Rs 1,00,000 crore.

The power will be supplied from a 2x800 MW ultra-supercritical thermal power project to be established under the design, build, finance, own and operate (DBFOO) model, the company said in an exchange filing. The PSA has been signed for a period of 25 years. Adani Power added that the coal linkage for the project has been allocated under the SHAKTI Policy of the Government of India. Adani Power, a part of the diversified Adani Group, is the largest private thermal power producer in India. Adani Power (APL) reported a 64.33% surge in consolidated net profit to Rs 4,271.40 crore in Q4 FY26 as compared to Rs 2,599.23 crore recorded in Q4 FY25. Revenue from operations remained largely flat at Rs 14,223.09 crore in the quarter ended 31 March 2026, compared with Rs 14,237.40 crore in the corresponding quarter last year. Shares of Adani Power rose 0.43% to Rs 219.95 on the BSE.Powered by Capital Market - Live

Adani Power has signed a 25-year Power Supply Agreement with Maharashtra State Electricity Distribution Company (MSEDCL) for supply of 1600 MW power on long term basis from a 2x800 MW Ultra-Supercritical Thermal power plant to be established under Design, Build, Finance, Own & Operate (DBFOO) basis. The coal linkage for the power plant has been allocated under the SHAKTI Policy of Government of India.

Adani Power Ltd dropped for a fifth straight session today. The stock is quoting at Rs 222, down 2.22% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 23927.75. The Sensex is at 76618.81, down 0.14%.Adani Power Ltd has eased around 4.43% in last one month.Meanwhile, Nifty Energy index of which Adani Power Ltd is a constituent, has eased around 1.45% in last one month and is currently quoting at 39718, down 0.13% on the day. The volume in the stock stood at 131.39 lakh shares today, compared to the daily average of 316.5 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 222.04, down 2.06% on the day. Adani Power Ltd jumped 87.69% in last one year as compared to a 6.32% slide in NIFTY and a 8.74% spurt in the Nifty Energy index.The PE of the stock is 39.94 based on TTM earnings ending March 26.